(IN BRIEF) Shandong Nanshan Aluminum Co., Ltd has chosen ANDRITZ to supply two continuous heat treatment lines and one continuous process treatment line for their aluminum production in Longkou, Shandong, China. These lines will be used to manufacture aluminum and … Read the full press release
(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. The terms of the transaction have not … Read the full press release
(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release
(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release
(IN BRIEF) Eni, a global energy company, has launched the HVOlution program to promote the use of HVOlution, their renewable diesel fuel, among their suppliers’ vehicles involved in fuel transportation to Eni Live Stations. This initiative aims to support the … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics
Tagged 100% renewable raw materials, biofuel, CO2 emission reduction, decarbonisation, energy transition, Eni, Eni Live Stations, fuel distribution chain, heavy transport, HVOlution, Italy, vegetable residue, waste raw materials
(IN BRIEF) SEB Greentech Venture Capital has acquired a stake in Esforin, a German company specializing in algorithm-based energy trading solutions. Esforin’s innovative approach optimizes supply and demand in the energy market by allowing customers to inject energy back into … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden, Technology
Tagged algorithm, battery storage, Christian Hövelhaus, electricity customers, energy market, Energy Services for Industry, Esforin, grid, intraday market, Markus Hökfelt, renewable energy, SEB Greentech Venture Capital, trading
(IN BRIEF) Alfa Laval, a leading provider of heat transfer and fluid handling technologies, is making significant progress in the marine industry’s fuel transition by securing a pioneering project for the installation of its methanol solutions on four container vessels … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Sweden, Technology, Transportation & Logistics
Tagged Alfa Laval, decarbonization, FCM Methanol-the low-flashpoint fuel supply system, four-stroke Wärtsilä methanol engines, fuel transition, LFSS, maritime, methanol, vessels, Viktor Friberg, WinGD methanol engine
(IN BRIEF) Covestro, a global provider of polymer materials, emphasizes the need for innovative recycling technologies ahead of the UN conference on plastic pollution. The company has already achieved success with its chemical recycling method and plans to establish a … Read the full press release
Posted in Chemicals, Environment, Germany, Industrial, Management, Science, Technology
Tagged chemical recycling, CIRCULAR FOAM, Covestro, Dr Markus Steilemann, INC-2, mattress foam recycling, novel chemical recycling, OECD, plastic recycling, plastic waste, plastic waste pollution, recycling technologies
(IN BRIEF) RWE, a global renewable energy company, has acquired full ownership of the Nordseecluster, a 1.6-gigawatt cluster of offshore wind farms in the German North Sea. The cluster, consisting of four sites, was previously co-developed with Northland Power, which … Read the full press release
(IN BRIEF) Barclays has announced its investment in Trade Ledger’s working capital orchestration platform, aiming to enhance its working capital finance solutions for corporate clients globally. The partnership will bring industry-leading credit management automation and end-to-end solutions to Barclays Corporate … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, Technology, United Kingdom
Tagged Asset Based Lending, Barclays, credit management automation, credit solutions, Invoice Discounting, James Binns, Martin McCann, Selected Debtor Finance, Trade Ledger, Working capital finance solutions, working capital offering, working capital orchestration platform
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions company, has been selected as one of the initial companies in the target validation group for science-based targets (SBTs) for nature by The Science Based Targets Network (SBTN). The group, … Read the full press release
(IN BRIEF) AkzoNobel Packaging Coatings has introduced a new bisphenol-free internal coating, called Accelshield 700, for beverage can ends. This coating provides can makers with an alternative to traditional coatings containing bisphenol A (BPA) and complies with FDA and EU … Read the full press release
(IN BRIEF) Holcim, a global building materials company, has been selected by the Science Based Targets Network (SBTN) to participate in piloting the world’s first science-based targets for nature. Holcim will submit its nature targets for validation in 2023, based … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Science, Switzerland, Technology
Tagged biodiversity, Biodiversity Indicator and Reporting System, BIRS, climate targets, Erin Billman, holcim, IUCN, Magali Anderson, SBTN, Science Based Targets Network, science-based targets for nature, WORLD’S FIRST SCIENCE-BASED TARGETS FOR NATURE
(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, Real Estate
Tagged carbon neutrality, Circularity, Citycon, Community hub, greenhouse gas emissions, Kirsi Simola-Laaksonen, natural resources, real estate, sustainability strategy, sustainable mobility, Sustainable value chain
(IN BRIEF) Amey’s restoration project of the historic Chetwyn bridge in Staffordshire has received multiple industry awards. The Grade II* listed road bridge, the largest surviving pre-1830s cast iron bridge in England, underwent meticulous repairs to its ironwork and paintwork. … Read the full press release
Posted in Awards, Construction, Industrial, Infrastructure & Utilities, Management, United Kingdom
Tagged Alrewas, Amey, Bridge, cast iron Chetwyn bridge, CIHT West Midlands awards, David Williams, IHE Mercia Branch Awards, pre:1830s cast iron bridge, restoration, Richard Harris, road bridge, Staffordshire County Council, Staffordshire Grade II*
(IN BRIEF) Stellantis, a global automaker, has made an investment in Lyten, a Silicon Valley-based company known for its innovative 3D Graphene technology. The investment aims to accelerate the development and commercialization of Lyten’s breakthrough Lithium-Sulfur EV battery technology, lightweighting … Read the full press release
Posted in Automotive, Environment, Financial, France, Investment, Technology, Transportation & Logistics
Tagged 3D Graphene™ applications, battery, Carlos Tavares, Dan Cook, decarbonization, EV, graphene, Inflation Reduction Act, Lithium-Sulfur batteries, Lithium-Sulfur EV battery, lower carbon footprint, lowest emissions EV battery, Lyten, mobility, Silicon Valley, Stellantis
(IN BRIEF) Finnish publisher Alma Media becomes the first in the country to offer advertisers a carbon footprint calculation for digital campaigns. The calculation will measure the greenhouse gas emissions generated by advertising on Alma Media’s ad network and report … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release
(IN BRIEF) Italian business aviation operator Air Corporate has placed a firm order for 43 helicopters from Airbus, including 40 single-engine helicopters (H125/H130) and three ACH160s. This order, the largest commercial helicopter order by Airbus in Italy, will support private … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from North American Stainless (NAS) to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and upgrade the existing annealing and pickling line #2 at NAS’s facility … Read the full press release
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