Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Leadec to acquire electrical engineering firm based in strategically important electromobility location

(PRESS RELEASE)STUTTGART/ BRANDENBURG AN DER HAVEL, 4-Aug-2020 — /EuropaWire/ — Stuttgart based leader in technical services for the automotive and manufacturing industries Leadec has announced it will acquire Precis Maschinen und Anlagen Service GmbH based in Brandenburg an der Havel … Read the full press release

Eni’s Versalis and Forever Plast SpA parter over new range of solid polystyrene products made from recycled packaging

(PRESS RELEASE) MILAN, 3-AUG-2020 — /EuropaWire/ — Versalis, a wholly owned subsidiary of Italian oil giant Eni specialized in the production of chemicals, and Forever Plast SpA, a leading Italian company in the recovery and recycling of post-consumer plastic at … Read the full press release

Schneider Electric supports new venture that will expedite production capacity of low-carbon batteries in southern Europe

(PRESS RELEASE) PARIS, 30-Jul-2020 — /EuropaWire/ — Schneider Electric together with its partners EIT InnoEnergy and the GROUPE IDEC support Verkor, a French industrial company in its aim to amplify battery cell production in Europe. The new venture will accelerate … Read the full press release

Development options to be explored at Bashrush discovery in North El Hammad concession following successful well testing

(PRESS RELEASE) MILAN, 28-Jul-2020 — /EuropaWire/ — Italian multinational oil and gas company, Eni together with its partners bp and Total have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

wpd signs Power Purchase Agreement with Polish ENGIE subsidiary

(PRESS RELEASE) BREMEN, 21-Jul-2020 — /EuropaWire/ — German developer and operator of onshore and offshore wind farms, wpd records further success in the marketing of wind power in Poland. wpd has signed A Power Purchase Agreement (PPA) with ENGIE Zielona … Read the full press release

Covestro announces the extension of contract of Board Member and CFO Dr. Thomas Toepfer until 2026

(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

Audi TechFocus newsletter: Audi emerges as leader in patent applications related to electric powertrains in Germany

(PRESS RELEASE) INGOLSTADT, 15-Jul-2020 — /EuropaWire/ — German luxury automobile manufacturer Audi, part of Volkswagen Group, has announced the premiere of its new technology online newsletter called “Audi TechFocus”. In its first issue the focus is on patents as Audi … Read the full press release

ANDRITZ delivers resource-saving PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Russia

(PRESS RELEASE) GRAZ, 15-Jul-2020 — /EuropaWire/ — Austrian plant engineering group, ANDRITZ delivers 5.6 m wide PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Vorsino (Kaluga region), Russia. Only a few weeks after start-up, the tissue production line … Read the full press release

BAE Systems’ new facility in Warton to rely on Industry 4.0 factory to advance manufacturing on UK’s next generation combat aircraft system Tempest

A new intelligent, smart factory is set to increase productivity and revolutionise combat aircraft production in the UK. (PRESS RELEASE) FARNBOROUGH, 13-Jul-2020 — /EuropaWire/ — British multinational defence, security, and aerospace company BAE Systems has announced that it collaborated with … Read the full press release

ŠKODA automates ordering and supply of components at its Vrchlabí plant

Internet of Things (IoT) technologies enable further automation at the high-tech Vrchlabí site CNC processing lines automatically order parts, supplied by automatic robots that report back for duty with their load carriers Automation of component ordering and supply is yet … Read the full press release

Study: aluminum is both a climate-friendly and cost-reducing material choice for bridge building

(PRESS RELEASE) OSLO, 10-Jul-2020 — /EuropaWire/ — Norwegian aluminium and renewable energy company Norsk Hydro ASA (Hydro) has announced the release of a new study on how an aluminium bridge could be a cost-efficient and climate-friendly alternative for the new … Read the full press release

Support for OCIMF’s new Dynamic Positioning (DP) system failure guideline is now offered by DNV GL’s Noble Denton marine services team

(PRESS RELEASE) OSLO, 9-Jul-2020 — /EuropaWire/ — An international accredited registrar and classification society DNV GL has announced its Noble Denton marine services team will now provide support for the new Dynamic Positioning system failure guideline to enable quicker and … Read the full press release

bp to supply 300,000 tonnes per year of pipeline gas re-gasified from LNG in Guangdong for Chinese ENN Group

Integrating international gas value chains to create lower carbon energy solutions for China (PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Multinational oil and gas company bp has announced that it has signed a gas supply agreement with ENN Group (ENN), … Read the full press release

Vinda Personal Care to use stock preparation system from ANDRITZ to feed tissue machines at its mill in Yangjiang, Guangdong, China

Start-up is scheduled for the second to third quarter of 2021 Vinda Personal Care (Guangdong) Co., Ltd. one of the biggest tissue producers in China (PRESS RELEASE) GRAZ, 9-Jul-2020 — /EuropaWire/ — Austrian plant engineering group ANDRITZ has announced it … Read the full press release

Infineon and Ingeteam: EV now only needs to stop for a minimum of 10 minutes for an 80 percent battery charge

(PRESS RELEASE) MUNICH/ BILBAO, 8-Jul-2020 — /EuropaWire/ — German semiconductor manufacturer Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Spanish power conversion firm Ingeteam have announced they will partner over superfast electric vehicle (EV) charging. According to the companies, … Read the full press release

Wärtsilä continues to develop its activities in the field of BOG reliquefaction with the introduction of new Compact Reliq

(PRESS RELEASE) HELSINKI, 7-Jul-2020 — /EuropaWire/ — The technology group Wärtsilä announces the introduction of its Compact Reliq reliquefaction plant. The system is designed to reliquefy boil-off gas (BOG) onboard gas carriers and LNG bunker vessels. It also keeps the … Read the full press release