(IN BRIEF) Metso has announced its acquisition of Selm (Beijing) Technology Co., Ltd, a Chinese manufacturer specializing in screening solutions for the mining and aggregates industries. The acquisition will enhance Metso’s ability to offer comprehensive screening services to customers in … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged acquisition, aggregates, banana screens, capital screen parts, CHINA, Greater China, horizontal screens, Huifeng Tang, inclined screens, Jouni Mähönen, Ltd, market strategy, Media, Metso, micro-sizing screening solutions, mining, mobile screens, Northeast China, partnership, portable screens, repairs, screening equipment, screening media, Screening Solutions, Selm, Selm (Beijing) Technology Co., services, Shenyang, sustainability, ultrafine screens, Xiaofeng Liang
(IN BRIEF) The “Battery Monitor 2024/2025” report predicts a tripling of global battery demand by 2030, reaching between 4.0 and 4.6 terawatt hours (TWh), with further growth to 8.8 TWh by 2040. The battery market is facing challenges due to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Achim Kampker, Asian manufacturers, Asian research and development, battery cells, Battery Monitor 2024/2025, battery production technologies, carbon footprint, CHINA, CO2 reduction, cost-effective battery types, dry coating, electric mobility, electric vehicles, EU, European battery manufacturers, European battery producers, global battery demand, Heiner Heimes, industrialization, INNOVATION, laser drying, market scenarios, overproduction, PEM, regulatory delays, Roland Berger, RWTH Aachen University, sustainability, terawatt hours, TWh, US, Wolfgang Bernhart
(IN BRIEF) MAHLE has signed an agreement to sell its 40% minority stake in Langfang Kokusan Electric Co., Ltd. to its co-shareholders. Langfang Jinrun Technology Group Co., Ltd. will acquire 28.5% of the stake, and Langfang State-owned Assets Business Co., … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Investment
Tagged automotive, CHINA, electric motors, electric vehicle, Electrification Strategy, financial investment, generators, Langfang Jinrun Technology Group Co., Langfang Kokusan Electric Co., Langfang State-owned Assets Business Co., leisure equipment, long-term portfolio management, MAHLE, MAHLE Group Management Board, Markus Kapaun, Minority Stake, portfolio review, power generation, regulatory approvals
(IN BRIEF) Hapag-Lloyd has secured USD 4 billion in financing for the construction of 24 container ships, with a focus on low-emission technology and green financing principles. This investment aligns with the company’s long-term commitment to decarbonizing its fleet and … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged ammonia ready, biomethane, CHINA, China Export & Credit Insurance Corporation, CO2e emissions, container ships, decarbonization goals, DNV, Emissions Reduction, financing, fleet expansion, fleet modernization, fuel efficient engines, green financing, Green Financing Framework, green loan principles, Hapag-Lloyd, high-efficiency ships, liquefied gas dual-fuel engines, LNG, Loan Market Association, long-term investment, low-emission ships, Mark Frese, net-zero operation, newbuilds, Paris Agreement, shipping industry, Sinosure, Sinosure transaction, sustainability, sustainable financing, sustainable shipping
(IN BRIEF) Sarclisa (isatuximab) has been approved in China for use in combination with the VRd regimen to treat newly diagnosed multiple myeloma patients who are ineligible for autologous stem cell transplant. The approval is based on positive results from … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Approval, cancer treatment, CHINA, clinical trials, EU, FDA, global health, IMROZ study, isatuximab, Japan, Multiple Myeloma, Multiple Myeloma Treatment, new approvals, NMPA, oncology, Sanofi, Sarclisa, transplant-ineligible, VRd
(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release
Posted in Business, Chemicals, Germany, Industrial
Tagged Active Oxygens, CHINA, Evonik, Food Packaging, Fuhua Tongda Chemicals Company, global market, Green Energy, H2O2, Hydrogen peroxide, infrastructure, joint venture, Lauren Kjeldsen, Leshan, License Agreement, market demand, photovoltaic cells, semiconductors, Sichuan Province, solar panels, specialty-grade, sustainable production, technology, Zhang Hua
(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Small Business, Technology
Tagged 1500 employees, acquisition, aluminium pipes, automotive applications, automotive customers, automotive industry, Backnang, CHINA, climate control, cooling media, customer base, EUR 160 million, fluid transfer systems, fluid transfer systems market, Germany, lightweight fluid products, Mutares SE & Co. KGaA, partnership, product offering, Romania, S.M.A. Metalltechnik GmbH & Co. KG, sealing solutions, SFC Group, South Africa, strategic expansion, sustainability, Thermal Management
(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Politics, Sweden
Tagged break-even, business outlook, CHINA, China Financial Index, Chinese government, Covid-19 crisis, customer demand, economy, EU-China relationship, foreign businesses, foreign direct investment, foreign exchange rates, geopolitical concerns, Investment Outlook, Juliette Xue Lascoux, labor costs, local competition, May 2020, modest investments, northern European companies, order intake, partnership, pessimism, profit outlook, profit shrinkage, profitability, sales growth, SEB, SEB Shanghai, staffing outlook, subsidiaries, trade war, US presidential election, US-China relationship, US-China tensions
(IN BRIEF) BASF has introduced Symbiocell®, a new cosmetic ingredient derived from Cestrum latifolium leaves, now approved for use in China following a successful regulatory notification. Designed to soothe sensitive skin and reduce excessive skin reactions, Symbiocell® has shown strong … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged BASF, CHINA, INNOVATION, partnership, safety, Sensitive Skin, sustainability, Symbiocell®
(IN BRIEF) Infineon Technologies and EVE Energy have signed a memorandum of understanding to develop advanced battery management system (BMS) solutions for the automotive industry. Infineon will supply a complete chipset, including microcontrollers, monitoring ICs, and MOSFETs, to enhance EVE … Read the full press release
(IN BRIEF) ZF Automotive Technologies (Shanghai) Co., Ltd., a subsidiary of ZF Group, has signed an agreement with the Shanghai Anting Economic Development Center for the second phase of expanding its electronic power steering (EPS) production in China. Following a … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged CHINA, EPS Production Capacity, partnership, sustainability, ZF
(IN BRIEF) Volkswagen and SAIC Motor have extended their joint venture, SAIC VOLKSWAGEN, until 2040, marking 40 years of partnership. The agreement accelerates the transformation of China’s automotive industry through electrification, innovation, and sustainability under Volkswagen’s “In China, for China” … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged CHINA, Decarbonized Mobility, ELECTRIC, partnership, Ralf Brandstätter, SAIC, SAIC Volkswagen, sustainability, Volkswagen, Wang Xiaoqiu
(IN BRIEF) TÜV Rheinland Shenzhen has been authorized to provide comprehensive testing services for key wireless communication protocols, including Thread, Matter 1.4, and Zigbee-compliant platforms. This authorization strengthens TÜV Rheinland’s leadership in wireless device certification, supporting the growing demand for … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged certification services, CHINA, INNOVATION, IoT Integration, Jay Yang, Matter 1.4, partnership, SECURITY, smart home, Thread, TÜV Rheinland, ZigBee
(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged CHINA, Dual-Fuel Methanol Operation, Large Vessel, Leonardo Sonzio, Maersk, Maersk Halifax, partnership, sustainability, UK
(IN BRIEF) Safran Electrical & Power and Safran Ventilation Systems have renewed their distribution partnership with China Aviation Supplies Co., Ltd., enhancing the supply of sustainable OEM aircraft parts across mainland China. This agreement, supported by Safran’s regional representatives in … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged Aircraft Parts, Bruno Bellanger, CHINA, China Aviation Supplies, partnership, Safran, Safran Electrical & Power, Safran Ventilation Systems, sustainability, Zhang Jun
(IN BRIEF) Rheinmetall has received a multimillion-euro order from a major German automaker to supply its electric vapor pumps, which have been innovatively adapted for sensor cleaning in autonomous vehicles. Initially developed for emissions control, this technology now ensures that … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged autonomous vehicle, CHINA, partnership, Rheinmetall, Sensor Cleaning Pumps
(IN BRIEF) Alfa Laval is celebrating 40 years in China by presenting its latest innovations at the China International Import Expo (CIIE), including the global launch of its T25 SW semi-welded plate heat exchanger. At the event, Alfa Laval will … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Sweden, Technology
Tagged Alfa Laval, CHINA, China International Import Expo, Christian Thomsen, innovations, Julien Gennetier, partnership, sustainability
(IN BRIEF) Ericsson, in partnership with China Mobile and Zhangjiagang Port Group, has successfully deployed a 5G-powered smart network at Zhangjiagang Port, resulting in improved operational efficiency, cost reductions, and energy savings. Since its implementation in August 2022, the 5G … Read the full press release
(IN BRIEF) TÜV Rheinland Greater China recently held its annual new service launch event in Shenzhen, unveiling a comprehensive suite of certification services for electronic and electrical products. These services focus on diverse environments and emphasize key areas such as … Read the full press release
(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu (trastuzumab deruxtecan) has received conditional approval in China for the treatment of patients with unresectable, locally advanced, or metastatic non-small cell lung cancer (NSCLC) with HER2 (ERBB2) mutations who have previously undergone systemic … Read the full press release
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