(IN BRIEF) Chongqing Longjing Paper Co., Ltd. has successfully launched the first-ever ANDRITZ PrimeLineHyTAD tissue machine, a cutting-edge technology designed to reduce fiber and energy consumption in premium tissue production. The machine’s efficiency and environmental benefits align with market demands … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology
Tagged Andritz, bamboo fiber, CHINA, Chongqing Longjing Paper, energy savings, environmental sustainability, fiber savings, Green + High-end strategy, INNOVATION, low carbon solutions, Metris digitalization, paper industry, PrimeDry IM, PrimeLineHyTAD, PrimePress X, sustainable manufacturing, Tissue Machine, tissue production
(IN BRIEF) WACKER has completed a major expansion at its Zhangjiagang site in China, investing a significant amount to increase production of silicone fluids, emulsions, and elastomer gels. This expansion supports the company’s “in China for China” strategy, allowing WACKER … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Science, Technology
Tagged "in China for China" strategy, Alvin Hu, CHINA, Christian Kirsten, construction, cosmetics, electromobility, GMP, industrial applications, medical technology, partnership, personal care, production capacity, renewable energy, silicone elastomer gels, silicone emulsions, silicone fluids, specialty silicones, sustainability, textiles, WACKER, Zhangjiagang
(IN BRIEF) AkzoNobel has introduced an innovative thermal insulation coating system in China that cools buildings and improves energy efficiency. The system uses a radiative cooling topcoat and a thermal radiation barrier mid-coat to lower building surface temperatures by up … Read the full press release
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged AkzoNobel, CHINA, cooling technology, dual-carbon policy, energy efficiency, energy-saving technology, environmental impact, radiative cooling, Shanghai Pilot Free Trade Zone, sustainability, sustainable buildings, thermal insulation coating, urban heat island effect
(IN BRIEF) Vossloh has secured a €20 million contract to supply rail fastening systems for the high-speed rail line between Yulin and Cenxi in southern China. The line is part of the country’s expanding high-speed network, which enhances regional and … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Cenxi, CHINA, Guangxi, High-Speed Rail, Kunshan, Nanning, Oliver Schuster, partnership, rail fastening systems, rail infrastructure, Shenzhen, Southeast Asia, sustainabulity, Vossloh, Vossloh Fastening Systems China, Yulin
(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release
Posted in Banks, Business, European Union, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News
Tagged automotive, business environment, chemical products, CHINA, competitiveness, Dirk Schumacher, economic growth, EU export markets, Germany, KfW, mechanical engineering, trade rivalry
(IN BRIEF) Cellasto®, a global leader in NVH components and part of BASF, is investing around €60 million to build a second manufacturing plant in Shanghai, set to open in 2027. The facility will increase local production capacity by nearly … Read the full press release
Posted in Automotive, Business, Chemicals, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged automotive manufacturing, Automotive Sector, BASF, BASF Greater China, Bjoern Kophstahl, Cellasto expansion, Cellasto®, CHINA, China EV market, electric vehicles, Jeffrey Lou, local production, Martin Jung, mold lines, noise vibration harshness, NVH components, partnership, Performance Materials, production capacity, second plant, Shanghai, sustainability, €60 million investment
(IN BRIEF) Hexagon has reported a disappointing financial performance in March 2025, a critical month for the quarter, despite a good overall start to the year. Sales in key markets such as NAFTA and China experienced a slowdown in the … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged 30 April 2025, CHINA, cost base adjustments, currency transaction effects, EBIT1, EBIT1 margins, economic uncertainty, financial performance, Hexagon, March, NAFTA, operating margin, organic growth, Q1 2025, Q1 report, revenue, sensor sales decline
(IN BRIEF) Oxford PV and Trinasolar have signed an exclusive patent licensing agreement to facilitate the manufacturing and sale of perovskite-based photovoltaic products in China, accompanied by the right to sublicense. This strategic collaboration reinforces industry confidence that perovskite-silicon tandem … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged CHINA, David Ward, energy storage solutions, Gao Jifan, high-efficiency solar, industrialization, multi-junction technology, Oxford PV, partnership, patent licensing agreement, perovskite-based photovoltaic, perovskite-silicon tandem, PV technology, renewable energy, smart PV, solar industry innovation, sublicensing, sustainability, Trinasolar, US$100 billion forecast, US$50 billion market
(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release
Posted in Business, Denmark, Education, Entertainment, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Africa, Americas, ASIA, Belgium, CHINA, Czechia, Denmark, distribution centres, Europe, factories, GROWTH, Hungary, INNOVATION, LEGO Group, Mexico, Middle East, Pacific, partnership, Quality, region-based supply chain, regional distribution centres, safety, supply chain resilience, sustainability, sustainable logistics, three continents, U.S. factory, Vietnam, Virginia
(IN BRIEF) Banco Santander has committed EUR 166 million in 2024 to a wide array of initiatives supporting education, employability, entrepreneurship, and financial literacy, impacting five million people across its operational regions. The investment, split between EUR 104 million for … Read the full press release
Posted in Awards, Banks, Business, Financial, Management, News, Spain
Tagged Banco Santander, Brazil, Chile, CHINA, digitalization, earthquakes, Education, employability, Entrepreneurship, EUR 166 million, financial education, five million people, flash floods, forest fires, Fundación Universia, Gansu, grants, higher education, humanitarian organizations, NGOs, Qinghai, Rio Grande do Sul, Santander Open Academy, Santander X, scaleups, scholarships, SMEs, social action, social programs, Spain, Startups, sustainability strategy, Universia, Valencia, Valparaíso
(IN BRIEF) AkzoNobel is making significant progress in China toward its goal of achieving 100% renewable electricity across its production sites. Currently, eight of the company’s 15 facilities in China are utilizing a combination of self-generated and externally sourced renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged AkzoNobel, Changzhou, Chengdu, CHINA, decorative paints, energy transition, environmental impact, global operations, green factory, Guangzhou, Langfang, partnership, Pilawa, Poland, renewable electricity, Shanghai, solar energy, solar panels, sustainability, sustainability goals, Suzhou, Wijnand Bruinsma, Wuhan, zero-carbon alternatives
(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, ABB Electrification, acquisition, AI, CHINA, decarbonization, digitalization, distribution network, electrification, energy efficiency, home automation, Mike Mustapha, partnership, portfolio expansion, Siemens, smart building solutions, smart building technologies, smart buildings, smart door locks, smart home systems, Southeast Asia, sustainability, urbanization, Wiring Accessories
(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
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