Search Results for: packaging

EIB Commits $350 Million to Boost Private Sector Growth in North Africa

Posted on 2, July 2024 by

(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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KUKA and Swisslog Showcase AI Advancements in Robotics and Logistics, Addressing Challenges in Automation

Posted on 27, June 2024 by

(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

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Ahlstrom Boosts Support for UNICEF’s Global Education Program with Major Investment

Posted on 19, June 2024 by

(IN BRIEF) Ahlstrom, as part of the Ahlström Collective Impact initiative, will invest nearly EUR 800,000 in UNICEF’s global educational program in 2024. This collaboration aims to address the digital divide by bringing digital learning to millions of children, training … Read the full press release →

Posted in Business, Education, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Technology

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JUWI Expands Solar Footprint and Unveils Major Projects Ahead of Intersolar 2024

Posted on 14, June 2024 by

(IN BRIEF) JUWI, a leading renewable energy specialist, announces significant achievements and upcoming projects ahead of Intersolar 2024. They have completed the “Pike Solar” park in Colorado, pushing their total installed solar capacity beyond 4,000 megawatts. Plans include further large-scale … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News

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Caldic’s Nordic Expansion: Partners with AFRY for New Facility in Jägersro to Boost Sustainable Ingredient Production

Posted on 12, June 2024 by

(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden

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TU/e Researcher Develops Mathematical Models for Efficient Smart Polymer Design

Posted on 31, May 2024 by

(IN BRIEF) Guido Kusters, a researcher at Eindhoven University of Technology (TU/e), has defended his PhD thesis cum laude, focusing on the development of mathematical models to streamline the creation of smart polymers. These materials, capable of adapting their form … Read the full press release →

Posted in Business, Education, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology

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STMicroelectronics Announces Multi-Billion Euro Investment in SiC Manufacturing Facility in Italy

Posted on 31, May 2024 by

(IN BRIEF) STMicroelectronics, a global semiconductor leader, has unveiled plans for a new high-volume silicon carbide (SiC) manufacturing facility in Catania, Italy. This facility, part of ST’s Silicon Carbide Campus, will be fully integrated, covering R&D, manufacturing, testing, and packaging, … Read the full press release →

Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology

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Repsol and Amazon Join Forces for Convenient Returns at Spanish Service Stations

Posted on 29, May 2024 by

(IN BRIEF) Repsol and Amazon have launched a pioneering returns service in Spain, leveraging Repsol’s extensive service station network. Over 700 Repsol stations already offer customers the convenience of returning Amazon purchases without labels or boxes, with plans for further … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Spain

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Ferrero Group Releases 15th Sustainability Report, Showcasing Progress Across Key Pillars

Posted on 28, May 2024 by

(IN BRIEF) The Ferrero Group unveils its 15th Sustainability Report, highlighting significant advancements in its sustainability journey across key pillars such as environmental protection, responsible ingredient sourcing, promoting responsible consumption, and empowering people. Led by Giovanni Ferrero, the Executive Chairman, … Read the full press release →

Posted in Agriculture, Business, Environment, Food & Beverage, Industrial, Luxembourg, Management, News

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Logicor Completes Expansion of State-of-the-Art Logistics Hub in Vignate for IMA Eurosicma

Posted on 28, May 2024 by

(IN BRIEF) On May 28th, 2024, Logicor, a prominent player in European logistics real estate, finalized the refurbishment and expansion of a cutting-edge logistics hub in Vignate (MI), Italy. The newly revamped facility, spanning over 25,000 sqm and owned by … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Real Estate, Transportation & Logistics, United Kingdom

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TAKKT AG Shareholders Endorse Dividend, Appoint New Supervisory Board Members

Posted on 18, May 2024 by

(IN BRIEF) TAKKT AG’s 25th Shareholders’ Meeting, held virtually, saw unanimous approval of agenda items including a dividend payout of EUR 1.00 per share. CEO Maria Zesch outlined strategic progress, emphasizing resilience and future growth targets. Departing Supervisory Board members … Read the full press release →

Posted in Business, Germany, Industrial, Management, News, Retail

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Siemens Launches Innovative Credential Program to Address Engineering Talent Gap

Posted on 14, May 2024 by

(IN BRIEF) Siemens Digital Industries Software introduces a groundbreaking program in collaboration with the University of Colorado Boulder and Pennsylvania State University to credential students and enhance career readiness in engineering fields. These industry-recognized credentials, endorsed by ABET, will supplement … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Salzgitter AG Navigates Economic Downturn with Modest Profits Amidst a Challenging Market

Posted on 13, May 2024 by

(IN BRIEF) In the first quarter of 2024, Salzgitter AG reported a downturn in performance due to a sluggish economy, particularly affecting its steel-related sectors in Germany. The company achieved an EBITDA of €126.4 million and a pre-tax profit of … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News

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The Growing Dominance of Chicken Breast Meat in Global Markets

Posted on 8, May 2024 by

(IN BRIEF) Chicken breast meat, preferred for its health benefits and versatility, dominates markets in North America, Europe, and Oceania, with its popularity on the rise due to its ease of preparation and adaptability in various dishes. As consumer preferences … Read the full press release →

Posted in Business, Food & Beverage, Iceland, Industrial, Management, Marketing, News, Retail, Technology

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Chemovator Invests in Heartland’s Sustainable Fiber Plastic Additives

Posted on 2, May 2024 by

(IN BRIEF) Chemovator, BASF’s business incubator and early-stage investor, has finalized an investment in Heartland, a Detroit-based startup specializing in natural fiber plastic additives. This investment, part of Chemovator’s Elevate program for early-stage chemistry startups, aims to support Heartland’s innovative … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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EBRD Invests in Polish Cosmetics Giant Bielenda, Facilitating Strategic Acquisitions

Posted on 29, April 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has acquired an indirect minority stake in the renowned Polish cosmetics brand Bielenda through a €33.9 million investment in its holding company, Innova Central Holding SCA, alongside private equity fund … Read the full press release →

Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom

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Husqvarna Group Achieves 51% Reduction in CO2 Emissions, Exceeding Targets Amid Sales Surge

Posted on 29, April 2024 by

(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release →

Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology

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BASF Introduces Industrial Compostable ecovio® T 2206 for Greenhouse Twines, Advancing Sustainable Agriculture

Posted on 27, April 2024 by

(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio® T 2206, a certified industrial compostable biopolymer ideal for manufacturing black twines used in commercial greenhouses for growing annual fruit and vegetables. These twines, made … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, News, Technology

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Henkel’s Recyclable Adhesive Solution Receives Certification for PET Bottle Recycling

Posted on 26, April 2024 by

(IN BRIEF) Henkel’s adhesive solution, Aquence PS 3017 RE, has been certified by the cyclos-HTP Institute (CHI) for its recyclability, particularly in PET bottle recycling. Designed as a sustainable option, the water-based acrylic pressure sensitive adhesive allows for easy label … Read the full press release →

Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology

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Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

Posted on 26, April 2024 by

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release →

Posted in Business, Commodities, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

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Schneider Electric Reports Positive Progress in Sustainability Journey with Q1 2024 Results

Posted on 25, April 2024 by

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has unveiled its first-quarter results for the Schneider Sustainability Impact (SSI) program, in conjunction with financial outcomes. The SSI program, integral to the company’s 2021–2025 sustainability targets, encompasses environmental, … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News

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ANDRITZ to Rebuild OCC Lines for PT. Pakerin in Indonesia

Posted on 23, April 2024 by

(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release →

Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology

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Neste RE™: Revolutionizing Plastics Manufacturing with Renewable and Recycled Feedstock

Posted on 23, April 2024 by

(IN BRIEF) Neste, a global leader in renewable fuels and sustainable feedstock, is showcasing its Neste RE™ feedstock at Chinaplas 2024 in Shanghai. Neste RE™, derived from bio-based and chemically recycled materials, offers a significant reduction in the carbon footprint … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News

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Beiersdorf Unveils Breakthrough Anti-Glycation Ingredient to Combat Sugar-Induced Skin Aging

Posted on 23, April 2024 by

(IN BRIEF) After nearly a decade of research, Beiersdorf has revealed a groundbreaking discovery in skincare: a patented active ingredient called NAHP, also known as GLYCOSTOP™, designed to counteract the skin’s glycation process induced by sugar consumption, which contributes to … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology

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Barclays Strengthens M&A Leadership Team with Key Appointments in EMEA

Posted on 22, April 2024 by

(IN BRIEF) Barclays has announced the appointment of Stephen Pick as Head of M&A for EMEA, Pier Luigi Colizzi as Chairman of M&A for EMEA, and Asim Mullick as Head of M&A for Financial Sponsors for EMEA. These appointments underscore … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom

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Hydro Expands Recycling Capacity to Accelerate Decarbonization Efforts

Posted on 20, April 2024 by

(IN BRIEF) Hydro has inaugurated the Høyanger Recycling facility, a significant step in its commitment to decarbonize the aluminium value chain and foster a circular economy. With an investment of NOK 240 million, the purpose-built facility, located near its primary … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology

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Henkel Adhesive Technologies Introduces HEART: A Game-Changer in Product Sustainability Reporting

Posted on 18, April 2024 by

(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and coatings, has unveiled its innovative digital solution, the ‘Henkel Environmental Assessment Reporting Tool’ (HEART). Developed in collaboration with Henkel’s digital department and Capgemini, HEART automatically calculates the product … Read the full press release →

Posted in Business, Environment, Germany, Industrial, Management, News, Technology

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Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent

Posted on 17, April 2024 by

(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Commodities, Environment, Financial, Industrial, Investment, Management, Marketing, News, Retail, Technology, United Kingdom

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Borealis Invests €4.5 Million in Porvoo Cracker Furnaces to Boost Circular Economy Efforts

Posted on 10, April 2024 by

(IN BRIEF) In a bid to accelerate the transition towards a circular economy, Borealis has announced a significant investment of EUR 4.5 million in the cracker furnaces of its Porvoo site. This investment aims to increase the utilization of renewable … Read the full press release →

Posted in Austria, Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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Henkel Launches ‘Climate Connect’ Program to Drive Supplier Engagement in Emissions Reduction

Posted on 8, April 2024 by

(IN BRIEF) Henkel has initiated the “Climate Connect” program, aiming to enhance supplier engagement in reducing Scope 3 emissions across its global supply chain. Partnering with “Manufacture 2030,” the program focuses on gathering emissions data from raw material and packaging … Read the full press release →

Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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VELUX Achieves 100% Renewable Electricity and Significant Emission Reductions in 2023 Sustainability Report

Posted on 4, April 2024 by

(IN BRIEF) In their recently launched 2023 Sustainability Report, VELUX showcased remarkable progress in reducing emissions and advancing sustainability initiatives. By securing 100% documented renewable electricity and cutting emissions from their own operations by 16% compared to 2022, VELUX is … Read the full press release →

Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News

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Three Mushketeers: Transforming Mushroom Surplus into Culinary Gold

Posted on 3, April 2024 by

(IN BRIEF) Three Mushketeers, a startup founded by Emmi Korjus, Emma Kynkäniemi, and Ida Nikkilä, is revolutionizing the use of surplus mushrooms by creating a mushroom powder that enhances the taste of vegetarian dishes. The powder, currently in its second … Read the full press release →

Posted in Business, Education, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Science, Technology

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Evonik’s DEGACRYL® Specialty Acrylate Production Goes Green with Renewable Energy

Posted on 3, April 2024 by

(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News

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Stora Enso Releases 2023 Green Financing Report Highlighting Environmental Impact

Posted on 28, March 2024 by

(IN BRIEF) Stora Enso has released its Green and Sustainability-Linked Financing Report for 2023, highlighting the allocation of proceeds from green bonds and bilateral loans. The report details the environmental benefits achieved through projects in sustainable forest management and product … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment

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Merck Expands M LabTM Collaboration Center in Shanghai, Enhancing Biopharmaceutical Capabilities

Posted on 26, March 2024 by

(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release →

Posted in Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology

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NIB Partners with SCA to Fund Fasikan Wind Farm in Northern Sweden

Posted on 26, March 2024 by

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden

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ANDRITZ Partners with Lignatherm AG to Advance Eco-Friendly Insulation Board Production in Switzerland

Posted on 23, March 2024 by

(IN BRIEF) International technology group ANDRITZ has secured an order from Lignatherm AG to provide a pressurized refining system for a new insulation board production facility in Küssnacht am Rigi, Switzerland. Set to utilize locally sourced wood chips exclusively, the … Read the full press release →

Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

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NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

Posted on 16, March 2024 by

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology

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EHRA 2024: Unveiling Groundbreaking Innovations in Arrhythmia Management

Posted on 15, March 2024 by

(IN BRIEF) Prepare for the latest advancements in the prevention and treatment of heart rhythm disorders at EHRA 2024, the annual congress of the European Heart Rhythm Association (EHRA), part of the European Society of Cardiology (ESC). Set to take … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Education, Financial, France, Germany, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology

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ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

Posted on 14, March 2024 by

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

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