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Search Results for: renewable products
Deutsche Bahn Sells DB Schenker to DSV in €14.8 Billion Deal
(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release
Schneider Electric Launches Free Zeigo™ Activate Lite for Simplified Emissions Management
(IN BRIEF) Schneider Electric has introduced Zeigo Activate Lite, a free version of its emissions management platform, designed to help businesses—especially SMEs—track and reduce their carbon emissions. The software allows users to establish emissions baselines, set decarbonization goals, and calculate … Read the full press release
DB Schenker, Trailer Dynamics, and CATL Collaborate on Battery Swapping Technology for Electric Trailers in Europe
(IN BRIEF) DB Schenker, Trailer Dynamics, and CATL have partnered to explore the feasibility of Battery Swapping Technology (BST) for electric trailers in Europe. The project aims to reduce vehicle downtime and enhance efficiency with battery swaps taking just five … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged (CATL) Contemporary Amperex Technology Co., Battery Swapping Technology (BST), DB Schenker, Electric Trailers, Europe, Limited, partnership, sustainability, Trailer Dynamics
Schaeffler Unveils E-Axle Repair Kit for Hyundai Ioniq, Redefining Electric Motor Maintenance
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has launched the E-Axle RepSystem-M repair kit for the first-generation Hyundai Ioniq’s e-axles, showcased at Automechanika Frankfurt. This kit allows for cost-effective replacement of defective bearings, previously requiring a full motor or axle replacement. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged E-Axle Repair Kit, Electric Motor Maintenance, Hyundai Ioniq, Maik Evers, Schaeffler
Vattenfall Sets Ambitious 100% Recycling Target for Wind Turbine Magnets, Enhancing Sustainability Efforts
(IN BRIEF) Vattenfall has announced a new sustainability goal to ensure 100% circular recycling of permanent magnets from its wind turbines, starting with decommissioned units from 2030. This initiative aims to address the environmental and supply challenges associated with rare … Read the full press release
Hyogo Pulp Industries Upgrades Sustainability and Efficiency with ANDRITZ’s Advanced DD-Washer Technology
(IN BRIEF) Hyogo Pulp Industries has launched a new drum displacer washer, the DD-Washer, at its Tanigawa pulp mill with technology provided by ANDRITZ. This upgrade is part of the company’s efforts to enhance production efficiency and sustainability. The new … Read the full press release
Evonik Unveils New Sustainable Emollients Plant to Meet Rising Demand in Eco-Friendly Beauty Industry
(IN BRIEF) Evonik has opened a new production plant in Steinau, Germany, to increase its capacity for producing sustainable cosmetic emollients. The plant uses an enzymatic process that significantly reduces the climate footprint of these essential cosmetic ingredients. This expansion … Read the full press release
TotalEnergies Commits $100 Million to U.S. Sustainable Forestry and Carbon Sequestration Initiatives
(IN BRIEF) TotalEnergies has invested $100 million in a partnership with Anew Climate and Aurora Sustainable Lands to support sustainable forestry practices across 300,000 hectares in the U.S. The initiative aims to reduce timber harvesting, enhance carbon sequestration, and improve … Read the full press release
Schaeffler India Expands Mobile Training Initiative to Empower More Mechanics in Commercial Vehicle Sector
(IN BRIEF) Schaeffler India has launched the second edition of its successful REPXPERT Mobile Training Van campaign, aimed at upskilling mechanics in the commercial vehicle sector. Following a highly successful initial tour that engaged over 2,600 mechanics across 42 cities, … Read the full press release
Posted in Automotive, Education, Germany, Industrial, Technology
Tagged Arbind Singh, automotive, automotive aftermarket, automotive community, Central India, Commercial Vehicles, hands-on training, learning initiative, mechanics, product information, REPXPERT App, REPXPERT Mobile Training Van, Schaeffler India, Schaeffler products, skill development, Southern India, technical experts, training campaign, upskilling, vehicle maintenance
TotalEnergies Embarks on Pioneering Floating Wind Turbine Project to Power North Sea Oil & Gas Platform
(IN BRIEF) TotalEnergies has launched a pilot project to install a 3 MW floating wind turbine in the UK North Sea, designed to supply renewable energy to the Culzean offshore oil and gas platform. This innovative project aims to provide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Floating Wind Turbine Project, Marie-Noëlle Semeria, North Sea Oil & Gas Platform, partnership, sustainability, TotalEnergies, UK
Schaeffler to Unveil Advanced Rail Technologies at InnoTrans 2024
(IN BRIEF) Schaeffler will showcase its latest rail transportation technologies at InnoTrans 2024 in Berlin, focusing on enhancing reliability, sustainability, and availability in rail systems. Highlights include the TAROL axlebox bearings, which are known for their durability and low maintenance … Read the full press release
Arkema Achieves ISCC PLUS Certification for Specialty Resins Facility in China, Expanding Sustainable Solutions in Asia
(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Arkema, ASIA, Awards, CHINA, ISCC PLUS certification, partnership, safety, Specialty Resins Facility, sustainability, Terry Lin
Siemens Unveils SICAM Enhanced Grid Sensor to Boost Power Grid Transparency and Efficiency
(IN BRIEF) Siemens has launched the SICAM Enhanced Grid Sensor (EGS), a new solution designed to provide full transparency and control over power distribution networks. Part of the Siemens Xcelerator portfolio, this advanced sensor enhances grid monitoring, optimizes maintenance, and … Read the full press release
Stora Enso and Enkei Collaborate on Sustainable Packaging Solution for Designer Lamps
(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Designer Lamps, Enkei, INNOVATION, Julia Broszat, Lovisa Sunnerholm, packaging solution, Papira®, partnership, Paula Martirez, Stora Enso, sustainability, Sweden
BASF Launches Inaugural Care 360° Sustainability Days to Drive Industry Collaboration on Net-Zero Goals
(IN BRIEF) BASF is launching its first Care 360° Sustainability Days, a virtual event from September 17-19, 2024, aimed at fostering collaboration with industry leaders in the Personal Care, Home Care, I&I, and Industrial Formulators sectors. The event will focus … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged BASF, Care 360° Sustainability Days, Dr. Matthias Maase, net-zero, partnership, sustainability
Carbon-Capturing Partnership: Borealis and Infinium Launch Low-Carbon Plastics Revolution
(IN BRIEF) Borealis and Infinium have formed a strategic partnership to produce low-carbon plastics using Infinium’s eNaphtha, a sustainable feedstock made from captured CO2 emissions. This collaboration aims to reduce the carbon footprint of polyolefins, a type of plastic widely … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Borealis, eNaphtha, Infinium, low-carbon, Mirjam Mayer, partnership, Plastics Revolution, polyolefins, Robert Schuetzle, sustainability, USA
PUMA Recognized Among Europe’s Top Ten Climate Leaders by Financial Times
(IN BRIEF) PUMA has been recognized as one of Europe’s top ten Climate Leaders by the Financial Times, achieving its highest-ever ranking of eighth place. The company’s early achievement of its climate goals and new ambitious targets for 2030 highlight … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology
Tagged Anne-Laure Descours, Awards, Climate Leaders, Europe, Financial Times, leadership, PUMA, sports, sustainability
voestalpine Expands U.S. Production to Meet Growing Demand from Global Truck Manufacturers
(IN BRIEF) voestalpine is expanding its Indiana facility by 15,000 square meters and doubling its production capacity to 80,000 tons, following major orders from global truck manufacturers. The EUR 70 million (USD 78 million) investment will create 110 new jobs … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged Carola Richter, Herbert Eibensteiner, partnership, sustainability, Truck Manufacturers, USA, voestalpine
LEGO Group Encourages Fans to Sustain Play Through Brick Passing and Reuse
(IN BRIEF) The LEGO Group has launched the “Made to Be Played” campaign, urging fans to pass on their LEGO bricks to keep the play going across generations. The initiative is part of the company’s broader commitment to sustainability, which … Read the full press release
Posted in Business, Construction, Denmark, Education, Entertainment, Environment, Financial, Industrial, Investment, Management, News
Tagged Annette Stube, Brick Passing, generations, LEGO, Ole Kirk Kristiansen, play, Reuse, sustainability
Siemens Unveils Next-Gen Gridscale X Tools to Support TSOs in Energy Transition
(IN BRIEF) Siemens is launching new enhancements to its Gridscale X software suite, aimed at helping Transmission System Operators (TSOs) manage the complexities of the energy transition. Unveiled at the CIGRE Paris Session 2024, the new tools—“Gridscale X Protection Data … Read the full press release
EBRD Supports Polinas’ Green and Inclusive Growth with €25 Million Loan for Sustainable Packaging Production
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Türkiye’s Polinas Plastik to enhance the company’s green credentials through resource and energy efficiency upgrades, including a new production line for recyclable packaging … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged EBRD, Packaging Production, partnership, Polinas, sustainability, Turkey
Sika Doubles Production Capacity at Indonesia’s Largest Mortar Plant to Meet Growing Market Demand
(IN BRIEF) Sika has doubled the production capacity at its Bekasi plant, Indonesia’s largest facility for mortars, to meet the rising demand from infrastructure and building projects. This expansion, along with an increase in distribution points across the country, positions … Read the full press release
Posted in Business, Chemicals, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Indonesia, Mortar Plant, partnership, Philippe Jost, Sika
Arrow Energy to Expand Surat Gas Project with Shell Investment
(IN BRIEF) On August 12, 2024, Arrow Energy announced plans to expand its Surat Gas Project in Queensland, Australia, with significant investment from Shell. Phase 2 is expected to produce about 22,400 barrels of oil equivalent per day at peak … Read the full press release
Schaeffler Expands Global E-Mobility Charging Infrastructure with 5,000 New Points by 2030
(IN BRIEF) Schaeffler is expanding its global electric vehicle charging infrastructure by adding 5,000 new charging points by 2030, with 3,000 in Europe. This initiative is part of the company’s sustainability program. Pilot projects have started at Herzogenaurach and Schweinfurt … Read the full press release
ArcelorMittal Acquires 28.4% Stake in Vallourec for €955 Million, Strengthens Board Representation
(IN BRIEF) ArcelorMittal has completed the acquisition of a 28.4% equity interest in Vallourec from Apollo Global Management for approximately €955 million. Following the acquisition, ArcelorMittal executives will join Vallourec’s board. ArcelorMittal does not plan to launch a tender offer … Read the full press release
Repsol and Volotea’s Strategic Partnership to Decarbonize Aviation with Sustainable Fuel
(IN BRIEF) Repsol and Volotea have formed a strategic partnership to supply over 6 million liters of sustainable aviation fuel (SAF) for Volotea flights from Spanish airports between 2025 and 2029. This collaboration is set to significantly reduce CO2 emissions … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Industrial, Spain, Travel
Tagged 100% renewable fuels, agricultural waste, Airbus, airline industry, animal fats, Biomass, Carlos Muñoz, CO2 emissions reduction, decarbonization, European Union Renewable Energy Directive, Hamburg to Toulouse shuttle, IATA studies, Iberian Peninsula, Madrid to Region of Murcia route, organic materials, ReFuelEU Aviation regulation, renewable diesel, renewable fuels, Repsol, SAF, Spain, sustainable aviation fuel, used cooking oil, Valero Marín, vegetable oils, Volotea
Eni’s Enilive and Poste Italiane Partner to Supply Biofuels for Ground Vehicles and Aircraft
(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Transportation & Logistics
Tagged agri-food by-products, air transport, aircraft, animal fat, biofuels, biorefineries, carbon footprint, carbon neutrality, collaboration agreement, energy transition, Enilive, Enilive service stations, environmental policies, ESG principles, European Renewable Energy Directive, Giuseppe Lasco, Giuseppe Ricci, green transition, ground vehicles, HVOlution, Italy, JET A1+Eni Biojet, Multicard, Poste Italiane, ReFuelEU, renewable diesel, Road transport, SAF, sustainable aviation fuel, sustainable vehicles, used cooking oils
Schaeffler’s TriFinity™ Wheel Bearing Nominated for Prestigious Innovation Award at Automechanika Frankfurt 2024
(IN BRIEF) Schaeffler’s TriFinity™ wheel bearing has been nominated for the Automechanika Frankfurt 2024 Innovation Award in the “Parts and Innovative Technologies” category. This unique three-row ball bearing is designed for both electric and conventional vehicles, offering reduced friction, increased … Read the full press release
TotalEnergies Announces Withdrawal from South African Offshore Blocks
(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
Continental Unveils Eco-Friendly Tough RuNR Air Springs with Reduced CO2 Emissions
(IN BRIEF) Continental has launched Tough RuNR air springs, which significantly reduce CO2 emissions by using a new compound of natural rubber and ethylene-propylene-diene rubber (EPDM) instead of synthetic rubber. This innovation, to be showcased at the IAA Transportation 2024 … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, Dr. Kevin Borck, eco-friendly, Marc Leinemann, sustainability, Tough RuNR Air Springs
PETRONAS, Enilive, and Euglena Finalize Investment for Biorefinery to Boost Sustainable Biofuel Production in Malaysia
(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Ahmad Adly Alias, biofuel production, biorefinery, Eni, Enilive, Euglena, investment, Japan, Malaysia, Mitsuru Izumo, partnership, PETRONAS, Renewable Diesel/Hydrogenated Vegetable Oil (HVO), Stefano Ballista, sustainability, sustainable aviation fuel (SAF)
TotalEnergies and Casino Extend 20-Year Partnership to Supply Over 1,000 French Service Stations
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
ANDRITZ Reports Stable Performance Amidst Challenging Economic Environment in H1 2024
(IN BRIEF) International technology group ANDRITZ reported a stable performance in the first half of 2024 despite challenging economic conditions. Revenue decreased slightly by 3.0% to €3,986.6 million, while order intake dropped by 18.4% to €3,845.4 million due to fewer … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, economic, Financial, investment, Joachim Schönbeck
Stora Enso Reports Improved EBIT and Cash Flow Amidst Slight Sales Decline in Q2 2024
(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hans Sohlström, investment, Stora Enso
ANDRITZ Selected for FEED of Major Carbon Capture Unit at Westenergy’s Waste-to-Energy Plant in Finland
(IN BRIEF) ANDRITZ has been selected to perform the front-end engineering design (FEED) for a large-scale carbon capture unit at Westenergy’s waste-to-energy plant in Finland. The project, ordered by ECCU Ltd, aims to capture all CO2 emissions from the plant’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, FEED of Major Carbon Capture Unit, Finland, Harald Reissner, Olli Alhoniemi, partnership, sustainability, waste-to-energy plant, Westenergy
MAHLE Showcases Technological Diversity for Sustainable Transport at IAA Transportation 2024
(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release
Schroders Greencoat Acquires UK-Based Solar Portfolio from METLEN Energy & Metals
(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Greece, Lee Moscovitch, METLEN Energy & Metals, partnership, Schroders, Schroders Greencoat, solar energy, sustainability, UK
EnBW Commits €1 Billion to Develop National Hydrogen Core Network in Germany
(IN BRIEF) EnBW is investing approximately one billion euros to help establish a national hydrogen core network in Germany, part of the future European Hydrogen Backbone. This initiative, planned to be completed by 2032, aims to supply hydrogen to major … Read the full press release
Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions
(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Infrastructure & Utilities, News, Switzerland, Technology
Tagged AI, building management systems, Carsten Koch, climate neutral targets, digital platform, digital twin technology, electric vehicles, energy efficiency, energy management systems, energy savings, hydrogen production facility, Internet of Things, IoT sensors, lighthouse project, Matthias Rebellius, mobility hub, Peter Drausnigg, renewable energy generation, renewable energy sources, Siemens, Siemens Xcelerator, Simon Pfau, smart building management, Stadtwerke Stuttgart, sustainability goals, sustainable infrastructure, sustainable urban transformation, Thomas Fuhrmann
Rolls-Royce to Deliver Major Battery Storage System for Dutch Energy Project
(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, United Kingdom
Tagged Andreas Görtz, Battery Park Zeewolde (BPZ), battery storage system, energy project, Netherlands, Rolls-Royce, Sjoerd Sieburgh, Zeewolde