Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

TotalEnergies and ACO Renew Partnership to Drive Energy Transition in Endurance Racing

(IN BRIEF) TotalEnergies, the Automobile Club de l’Ouest (ACO), and Le Mans Endurance Management (LMEM) have extended their partnership for five years, until 2028, aiming to support ACO’s energy transition goals. Committed to achieving net zero emissions by 2030 under … Read the full press release

Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release

INEOS Automotive and BASF Forge Strategic Partnership for Automotive Refinish Solutions

(IN BRIEF) INEOS Automotive and BASF’s Coatings division have entered a global agreement to advance automotive refinish body and paint development, aiming to surpass industry standards. The partnership focuses on delivering sustainable refinish solutions, digital color-matching solutions, and training to … Read the full press release

Deutsche Telekom Retains Title as Germany’s Most Valuable Brand, Achieves Record-Breaking Brand Value

(IN BRIEF) Deutsche Telekom secures its position as the most valuable German brand, according to the BrandZ study “Top50 Most Valuable German Brands” by Kantar. With a brand value of $73.5 billion, marking an 18% contribution to the total ranking … Read the full press release

Nestlé Nominates Geraldine Matchett for Board of Directors, Bids Farewell to Long-Serving Members

(IN BRIEF) Nestlé has announced its proposal of Geraldine Matchett, former Co-Chief Executive Officer and CFO of DSM-Firmenich AG, for election to its Board of Directors at the upcoming Annual General Meeting on April 18, 2024. This move comes as … Read the full press release

Singapore Aviation Committee Propels Hydrogen Fuel as Key to Decarbonization

(IN BRIEF) The Singapore Hydrogen Cooperation Committee, formed by Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), and Linde, is advancing hydrogen fuel’s potential role in the nation’s aviation decarbonization strategy. Tasked with examining regional hydrogen market dynamics, … Read the full press release

Vietjet Air and Airbus Strike Landmark Deal for A330-900 Widebodies

(IN BRIEF) Vietjet Air has inked a significant Memorandum of Understanding (MoU) with Airbus, marking the airline’s inaugural foray into widebody aircraft with the purchase of 20 A330-900s. Intended to bolster Vietjet’s long-range and regional operations, these A330neo additions will … Read the full press release

Outokumpu Oyj repurchased 124,402 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has finalized its share repurchase program, acquiring a substantial number of treasury shares across multiple trading venues. With a maximum of 11 million shares earmarked for repurchase and approval from the Board … Read the full press release

Kapsch TrafficCom Wins Connected and Automated Vehicle Award for Queensland Road Safety Project

(IN BRIEF) Kapsch TrafficCom, a key player in intelligent transportation systems, partnered with the Queensland Department of Transport and Main Roads (TMR) for a project in Queensland, Australia. Their collaboration led to the implementation of portable Cooperative Intelligent Transport Systems … Read the full press release

Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release

ANDRITZ Expands Pavatex Fiber Production Line, Boosting Capacity in France

(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release

Safran Electrical & Power Signs Exclusive Service Contract with Malaysia Airlines for Engine Maintenance

(IN BRIEF) Safran Electrical & Power has entered an exclusive three-year service contract with Malaysia Airlines Berhad (MAB) to maintain electrical harnesses for their CFM56-7B engines, covering over 40 Boeing 737 aircraft in MAB’s fleet. The agreement includes repair and … Read the full press release

UK Energy Transition Outlook 2024: DNV Highlights Need for Policy Clarity

(IN BRIEF) DNV, a leading independent energy expert, released its 2024 UK Energy Transition Outlook (ETO) report, highlighting the urgent need for the UK Government to prioritize long-term policy clarity and consistency to drive the transition away from fossil fuels. … Read the full press release

Heidelberg Materials and BirdLife International Renew Partnership for Biodiversity Conservation

(IN BRIEF) Heidelberg Materials and BirdLife International have extended their partnership to enhance biodiversity in and around the company’s quarries, minimize negative environmental impacts, and promote best practices in biodiversity management. The memorandum of understanding signed covers the next three … Read the full press release

Saint-Gobain Proposes Acquisition of CSR Limited, Furthering Global Expansion in Sustainable Construction

(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release

Infineon Launches OPTIGA™ Trust M MTR for Seamless Integration of Matter Standard and Enhanced Security in Smart Home Devices

(IN BRIEF) Infineon Technologies AG introduces the OPTIGA™ Trust M MTR, a Matter-certified Secure Element designed to streamline the integration of the Matter standard and security features into smart home and smart building devices. With the rapid expansion of the … Read the full press release

Abeking & Rasmussen Unveils Largest Superyacht with Record-breaking Features and Sophisticated Propulsion System

(IN BRIEF) Abeking & Rasmussen, renowned shipbuilders based in Germany, has introduced Liva°, the largest superyacht to date spanning over 118 meters. This masterpiece showcases not only impressive dimensions but also record-breaking features, including a sleek black hull and seamlessly … Read the full press release

Heraeus Invests in Sustainable Ammonia Technology with Japanese Startup Tsubame BHB

(IN BRIEF) Heraeus, a technology group based in Hanau, Germany, has made a strategic investment in the Japanese startup Tsubame BHB, marking its commitment to sustainable technologies and expanding its presence in Japan. Tsubame BHB specializes in developing environmentally friendly … Read the full press release

BT Group Sells Iconic BT Tower for £275m to MCR Hotels for Transformation into Landmark Hotel

(IN BRIEF) BT Group has reached an agreement to sell the iconic BT Tower to MCR Hotels for £275 million. MCR Hotels, known for preserving historic landmarks, plans to repurpose the tower into a hotel, securing its status as a … Read the full press release