(IN BRIEF) RWE and Equinor have entered into a new supply contract for 10 to 15 terawatt hours (TWh) of natural gas annually, spanning until 2028. This collaboration strengthens their longstanding partnership and aims to enhance security of supply and … Read the full press release
(IN BRIEF) Fortum, a leading energy company, has signed an agreement with Finland’s National Emergency Supply Agency (NESA) to reserve the Meri-Pori coal condensing power plant for emergencies, ensuring the security of the country’s electricity supply. The agreement is in … Read the full press release
Posted in Energy, Gas & Oil, Finland, Government, Industrial, Infrastructure & Utilities
Tagged clean energy, coal condensing power plant, coal-based power generation, coal-fired condensing plant, electricity generation, Finland, Fortum, Huoltovarmuuskeskus, Janne Känkänen, Meri-Pori, National Emergency Supply Agency, NESA, Pori, power generation, Riku Huttunen, Simon-Erik Ollus, Tahkoluoto
(IN BRIEF) GUTEX, a leading wood fiber insulation board manufacturer in Germany, has successfully implemented a cutting-edge ANDRITZ fiber preparation system at its Eschbach facility. This achievement marks the second collaboration between GUTEX and ANDRITZ and showcases their commitment to … Read the full press release
Posted in Austria, Business, Environment, Germany, Industrial, Technology
Tagged Andritz, ANDRITZ RotaBarker, chipping, debarking, debarking system, Eschbach, Fiber Preparation Line, fiber preparation system, fibers, Germany, GUTEX, HHQ-Chipper, Michael Rupp, Oliver Bauch, softwood chips, Wood fiber insulation board, wood fiberboard insulation
(IN BRIEF) Unilever has announced the appointment of Fernando Fernandez as its new Chief Financial Officer (CFO), effective from January 1, 2024. Fernandez, currently the President of Unilever’s Beauty & Wellbeing Business Group, will succeed Graeme Pitkethly, who is retiring … Read the full press release
(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release
(IN BRIEF) The Technical University of Munich (TUM) and chemical company Clariant have renewed their strategic partnership, extending the Munich Catalysis Alliance (MuniCat) until 2033. The collaboration aims to develop more efficient and sustainable catalysts for the chemical industry. Catalysts … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged catalysts, Chemical Industry, Clariant, Marvin Estenfelder, MuniCat, partnership, Prof. Kai-Olaf Martin Hinrichsen, Prof. Thomas F. Hofmann, sustainability, Technical University of Munich (TUM)
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release
(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged cabotegravir, CHINA, Chinese Approval, Deborah Waterhouse, GSK, HIV, injection, partnership, Pfizer, Rekambys, rilpivirine, Shionogi, sustainability, treatment, ViiV Healthcare, Vocabria
(IN BRIEF) Infineon Technologies has expanded its AIROC™ portfolio with the AIROC CYW5551x Wi-Fi 6/6E and Bluetooth 5.4 solution. This versatile family of chips offers secured and reliable 1×1 Wi-Fi 6/6E connectivity that surpasses standard performance levels and advanced ultra-low … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged AIROC CYW5551x Wi-Fi 6/6E, AIROC™, Bluetooth 5.4 solution, connectivity, Infineon, IoT applications, partnership, Sivaram Trikutam, sustainability, Wi-Fi 6/6E
(IN BRIEF) Voith, a global leader in the development of efficient fan units for cooling systems, continues to collaborate with Fendt on innovative cooling solutions for tractors. The fan unit, part of Fendt’s Concentric Air System (CAS), is designed to … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, News, Technology
Tagged cooling systems, Fan Technology, Fendt Tractors, Voith
(IN BRIEF) Schneider Electric, a leader in energy management and automation, has released its quarterly sustainability impact performance report along with its third-quarter financial results. The report highlights the progress of the Schneider Sustainability Impact (SSI) 2021-2025 program, which aims … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Schneider Electric, sustainability
(IN BRIEF) Pfizer and BioNTech have announced positive topline results from a Phase 1/2 study of their mRNA-based combination vaccine program for influenza and COVID-19. The lead formulations showed robust immune responses to influenza A, influenza B, and SARS-CoV-2 strains. … Read the full press release
Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Annaliesa Anderson, BioNTech, Combination Vaccine, Comirnaty, COVID-19, influenza, influenza A, influenza B, mRNA, partnership, Pfizer, Prof. Ugur Sahin, respiratory diseases, SARS-CoV-2 strains, sustainability, wellness
(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Government, Industrial, Management, Media, Netherlands, News
Tagged Annie Scanlan, EU, partnership, Renewable PPAs, sustainability, WindEurope
(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Dr. Cord Landsmann, Dr. Guido Daniel, ENOWA, Gasoline Plant, green methanol, methanol, NEOM’s energy, partnership, Roland Kaeppner, Saudi Arabia, sustainability, Sustainable Fuel Production, ThyssenKrupp Uhde, Uhde
(IN BRIEF) Volkswagen has opened pre-sales for the new T-Cross SUV, featuring a range of enhancements including a refreshed exterior design, LED headlights and tail lights, and a higher-quality interior. The T-Cross will be available with three turbocharged petrol engine … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, Marketing, News, Technology, Transportation & Logistics
Tagged Pre-Sale, T-Cross SUV, upgrade, Volkswagen
(IN BRIEF) Michelin’s Bourges site, a key player in the aircraft tire market, has announced a 5-year action plan to enhance its performance. The plan focuses on innovation, efficiency, and addressing organizational challenges posed by recent growth. It involves collaboration … Read the full press release
(IN BRIEF) Bosch is showcasing its innovations for the motorcycle industry at EICMA 2023. The company is highlighting its display solutions, including the TFT Cluster 5″ and Integrated Connectivity Cluster (ICC), for keeping riders informed while minimizing distractions. Bosch is … Read the full press release
Posted in Business, Industrial, Italy, Management, Media, News, Technology, Transportation & Logistics
Tagged Bosch, display, EICMA 2023, Geoff Liersch, Motorcycle Innovations, Powertrain Solutions, safety
(IN BRIEF) Bosch Engineering is introducing its Electric Drive System Platform (EDSP) for electric boat drives at METSTRADE. This platform provides boat manufacturers with a comprehensive solution, including electric motors, inverters, high-voltage batteries, chargers, and cable harnesses, allowing for simplified … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology, Transportation & Logistics
Tagged boats, Bosch, electric drive, engineering, Philip Kurek
(IN BRIEF) Rheinmetall, a tech enterprise, has secured an order for plain bearings to be used in a planetary gear set for an electric vehicle produced by an international automaker with a focus on e-mobility. The order represents significant annual … Read the full press release
(IN BRIEF) During the Global Gateway Forum, the EU committed €500 million to global health in collaboration with the European Investment Bank (EIB) and the Bill & Melinda Gates Foundation. This funding will strengthen healthcare capacities, improve pharmaceutical supply chains, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News
Tagged Africa, EIB, EU, global health, Jutta Urpilainen, Local Manufacturing, partnership, President Ursula von der Leyen, sustainability, Thomas Östros
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