Tag Archives: partnership

TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees

(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release

Equinor to Acquire Shell’s Stake and Operatorship of Linnorm Discovery in Norwegian Sea

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release

CUPRA and Wilson Introduce Revolutionary LT Padel Racket Inspired by UrbanRebel Racing Concept

(IN BRIEF) CUPRA, in collaboration with Wilson Sporting Goods Co., has revealed the innovative CUPRA Wilson LT Padel Racket, the third racket developed under this partnership. Designed entirely by CUPRA and crafted by Wilson, the racket draws inspiration from CUPRA’s … Read the full press release

European Payments Initiative (EPI) Completes Successful Account-to-Account Instant Payment Transactions with wero

(IN BRIEF) The European Payments Initiative (EPI) has achieved a significant milestone by successfully completing its first account-to-account instant payment transactions using its newly developed solution, wero. In a proof of concept conducted between Sparkasse Elbe-Elster in Germany and Banque … Read the full press release

Repsol Receives First Shipment of Used Cooking Oil for Spain’s First Renewable Fuels Plant

(IN BRIEF) Repsol’s industrial complex in Cartagena has welcomed the arrival of the first ship carrying 7,500 tons of used cooking oil, which will serve as a raw material for Spain’s inaugural renewable fuels plant. As part of its transformation … Read the full press release

Škoda Auto Ventures into Fortnite with ‘Out of Bounds Odyssey’ to Connect with Gen Z Gamers

(IN BRIEF) Škoda Auto, known for its innovation in the digital realm, is reaching out to younger audiences by introducing its brand within the popular online video game Fortnite. The carmaker has crafted a unique gaming experience with the Fortnite … Read the full press release

BNP Paribas Launches Climate Impact Infrastructure Debt Initiative to Finance Climate Change Mitigation

(IN BRIEF) BNP Paribas has introduced the BNP Paribas Climate Impact Infrastructure Debt initiative, backed by BNP Paribas Asset Management (BNPP AM), BNP Paribas Corporate & Institutional Banking (BNPP CIB), and BNP Paribas Cardif, as part of their aligned commitments … Read the full press release

Yara Expands Organic-Based Fertilizer Business with Acquisition of Agribios Italiana

(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release

Outokumpu and Siemens Collaborate on World’s First Towards-Zero Stainless Steel for Sustainable Medium-Voltage Switchgear

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Siemens, a technology company, have announced a partnership to use Outokumpu’s Circle Green®, a stainless steel variant with up to a 93% lower carbon footprint than the industry average, … Read the full press release

ANDRITZ to Deliver Second P-RC APMP Line to Dezhou Taiding for Pulp Production Expansion

(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release

ORLEN Group Expands Renewable Energy Portfolio with 60 MW Onshore Wind Farm Acquisition

(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has entered into an agreement to purchase onshore wind farms from Octopus Renewables Infrastructure Trust PLC. These wind farms, located in the Provinces of Poznań and Szczecin, have a … Read the full press release

ORLEN-Led Joint Venture Secures EU Grant for Groundbreaking CO2 Marine Terminal in Poland

(IN BRIEF) A partnership involving ORLEN, Lafarge Cement S.A., and Air Liquide Poland has received a European Commission grant to develop project design documentation and supply chain feasibility studies for a carbon dioxide (CO2) marine terminal. This terminal project aligns … Read the full press release

Novozymes and Chr. Hansen Announce Future Name ‘Novonesis’ in Pursuit of Biosolutions Era

(IN BRIEF) Novozymes and Chr. Hansen have unveiled their new collective name, ‘Novonesis,’ symbolizing a fresh beginning in the world of biosolutions. This announcement marks a significant step towards the merger of the two companies. Novonesis, which means ‘A new … Read the full press release

EIB Commits to Supporting Refugees, Economic Resilience, and Social Inclusion at the 2023 Global Refugee Forum

(IN BRIEF) The European Investment Bank (EIB) has reiterated its dedication to addressing the needs of refugees, enhancing economic resilience in host and origin communities, and fostering social inclusion at the 2023 Global Refugee Forum. The EIB collaborated with partners … Read the full press release

EIB Approves €5 Billion Initiative to Support Wind Energy Manufacturing and €20.4 Billion for Diverse Investments Across Europe

(IN BRIEF) The European Investment Bank (EIB) Board of Directors has endorsed a €5 billion initiative aimed at bolstering wind energy equipment manufacturing companies as part of the European Wind Power Package. This strategic investment supports the transition to net … Read the full press release

VINCI’s Spanish Subsidiary Cobra IS Outlines Ambitious Growth Plans for Renewable Energy

(IN BRIEF) VINCI held a Capital Markets Day in Madrid dedicated to its Spanish subsidiary, Cobra IS, aiming to provide detailed insights into its business activities. Cobra IS specializes in a wide array of flow business activities and complex EPC … Read the full press release

EnBW’s Insolvency Plan for bmp greengas GmbH Approved by Creditors, Acquisition by VNG H&V Ensures Stable Future

(IN BRIEF) EnBW Energie Baden-Württemberg AG has received a broad majority approval from creditors for the insolvency plan of biomethane trader bmp greengas GmbH. EnBW, the sole bidder, submitted a binding offer in October to fund the insolvency plan, which … Read the full press release

Singapore’s Trust Bank Partners with Thales to Launch Eco-Friendly Ocean Plastic® Payment Card

(IN BRIEF) Trust, Singapore’s first digitally-native bank, has achieved rapid growth since its launch in September 2022, with over 600,000 customers within one year, making it one of the world’s fastest-growing digital banks. In its commitment to environmental sustainability, Trust … Read the full press release

Thales Awarded Contract to Supply Advanced GM400α Radar System to Royal Malaysian Air Force

(IN BRIEF) Thales has been awarded a contract to supply the Royal Malaysian Air Force (RMAF) with the GM400α long-range radar system, including complete station infrastructure. The award ceremony, attended by the Ministers of Defence of Malaysia and France, followed … Read the full press release

Henkel Joins UN Climate Change Conference to Discuss Supply Chain Decarbonization

(IN BRIEF) Henkel, a global leader in adhesives, participated in a panel discussion hosted by Schneider Electric at the United Nations Climate Change Conference (COP28). The panel, titled “Beyond Carbon – Decarbonizing the Supply Chain for a Greener Tomorrow,” focused … Read the full press release