Tag Archives: supply chain

National Grid Secures Key Industry Partners to Accelerate Clean Energy Infrastructure and Support Thousands of UK Jobs

(IN BRIEF) National Grid has taken a significant step in its Great Grid Upgrade programme by awarding major contracts for Sea Link, a proposed 140-km subsea electricity connection between Kent and Suffolk designed to deliver cleaner, more reliable energy. Siemens … Read the full press release

IFC and Crédit Agricole CIB partner on $2 billion risk transfer deal to boost trade finance in emerging markets

(IN BRIEF) The International Finance Corporation (IFC) and Crédit Agricole CIB have finalized a $2 billion Significant Risk Transfer (SRT) deal, backed by a $95 million financial guarantee from IFC, to unlock new trade finance commitments for emerging markets. The … Read the full press release

ASC and BAE Systems Empower Local Suppliers with Unified Portal for Nuclear Submarine Opportunities

(IN BRIEF) ASC and BAE Systems Australia have jointly launched a redesigned Industry Capability Network (ICN) Portal to facilitate Australian business participation in the Nuclear-powered Submarine Program. The transition of portal management from the Australian Submarine Agency to ASC and … Read the full press release

Industry veteran Steven Polmans joins Swissport to lead global cargo operations and strategic expansion

(IN BRIEF) Swissport has appointed Steven Polmans as its new Global Senior Vice President Cargo, effective 15 November 2025, to lead the company’s international cargo operations and strengthen its global strategy. With over two decades of experience, Polmans brings extensive … Read the full press release

Ahlstrom Earns Top-Tier EcoVadis Recognition with Platinum Medal for Excellence in Responsible Business Practices

(IN BRIEF) Ahlstrom has been awarded the prestigious Platinum Medal in the EcoVadis sustainability assessment, achieving an improved score of 86 out of 100 and ranking within the top one percent of companies assessed globally. The recognition reflects the company’s … Read the full press release

Logicor Leases 40,000 sqm Tarragona Logistics Hub to Danish Retailer Normal, Strengthening Catalonia’s Role as a Key Southern Europe Distribution Centre

(IN BRIEF) Logicor has leased its 40,000 sqm logistics hub in El Pla de Santa María (Tarragona) to Danish retailer Normal, marking the company’s first logistics centre outside Denmark. The facility will serve as a key distribution point for Spain, … Read the full press release

Strategic Alliance Between Maersk and CATL Aims to Advance Low-Carbon Supply Chains

(IN BRIEF) A.P. Moller – Maersk and Contemporary Amperex Technology Co., Limited (CATL) have signed a strategic Memorandum of Understanding to promote decarbonisation in global logistics and strengthen CATL’s supply chain operations. Building on an existing five-year collaboration, Maersk will … Read the full press release

Mutares expands Goods & Services segment with acquisition of Fuentes, a leading temperature-controlled logistics provider in Spain

(IN BRIEF) Mutares SE & Co. KGaA has acquired Lineage Spain Transportation S.L. “Fuentes” from Lineage Group, making it a new platform investment in the company’s Goods & Services segment. Based in Murcia, Spain, Fuentes specializes in temperature-controlled food transport, … Read the full press release

Covestro Taiwan names Annie Chen as new Managing Director to lead business transformation from September 2025

(IN BRIEF) Covestro has appointed Annie Chen as the new Managing Director of Covestro Taiwan, effective 1 September 2025. Currently Head of Supply Chain and Logistics for Taiwan, Korea, New Zealand, and Australia, Chen succeeds Dr. Carsten Wildebrand, who will … Read the full press release

Landmark M&S supply chain investment brings 1.3m sq ft sustainable distribution hub to Northamptonshire

(IN BRIEF) Marks & Spencer (M&S) has announced a £340 million investment in a new automated National Distribution Centre (NDC) in Northamptonshire, marking the largest supply chain investment in its history. The 1.3 million sq ft facility, opening in 2029, … Read the full press release

REN Tops CDP Supplier Engagement Assessment with A Rating After Steady Climb

(IN BRIEF) REN – Redes Energéticas Nacionais has been honoured with an “A” rating in CDP’s 2024 Supplier Engagement Assessment, reflecting the company’s leadership in embedding sustainability within its supplier relationships. This marks a notable progression from a “D” rating … Read the full press release

Wood to Lead Definitive Feasibility Study for Mongolia’s Khalzan Buregtei REE Project

(IN BRIEF) Wood has been selected by MNREC to lead the full feasibility study for the Khalzan Buregtei rare earth elements project, following a 2024 pre-feasibility review. The scope includes detailed design of the concentrator and refinery process plants. The … Read the full press release

FrieslandCampina Ingredients President Ermens to Retire After 42 Years; Lindeboom Named Successor

(IN BRIEF) FrieslandCampina Ingredients President Herman Ermens will retire on 1 October 2025 after a 42-year career marked by innovation, quality improvements, and team building. Anne Peter Lindeboom, currently Managing Director Innovation for the Ingredients group, will assume the presidency. … Read the full press release

New Era at Stellantis: Antonio Filosa Appoints Leadership Team Focused on Regional Expertise and Brand Momentum

(IN BRIEF) Antonio Filosa has stepped into the role of CEO at Stellantis N.V., immediately appointing a revamped global Leadership Team that places regional product decisions at the center of its strategy. The restructured team includes familiar faces—like Doug Ostermann … Read the full press release

Wood and TendrillWood JV to Lead Five-Year Brownfield EPC Initiatives for Brunei Shell

(IN BRIEF) Wood and its JV partner Tendrill have secured a five-year contract—with a two-year extension option—to provide comprehensive brownfield EPC services for Brunei Shell Petroleum’s offshore and onshore facilities. The agreement entrusts the TendrillWood JV with full-cycle project delivery, … Read the full press release

CTP Develops New Sustainable Production Facility for SCHOTT Pharma at CTPark Jagodina, Expanding Global Manufacturing Network

(IN BRIEF) CTP has successfully developed a state-of-the-art 18,000 sqm production facility for SCHOTT Pharma at CTPark Jagodina, Serbia, where high-quality glass ampoules for vaccines and medications will be produced. This facility is a significant addition to SCHOTT Pharma’s global … Read the full press release

DHL and Boston Dynamics Strengthen Strategic Partnership to Scale Robotics Deployment in Global Logistics

(IN BRIEF) DHL Group has signed an MOU with Boston Dynamics to expand their successful collaboration, aiming to deploy over 1,000 additional units of the Stretch robot across DHL’s operations. This includes new applications such as case picking, beyond the … Read the full press release

Ørsted Halts Hornsea 4 Offshore Wind Project in the UK Due to Rising Costs and Increased Risks

(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release

Automotive Suppliers Face Declining Profitability Amidst Stagnation and Rising Competition

(IN BRIEF) The global automotive supplier industry faces tough conditions, with stagnant production volumes, geopolitical uncertainty, and increasing competition putting pressure on profitability. The 2024 forecasted EBIT margin of 4.7% marks a further decline from 2023 levels, with Chinese suppliers … Read the full press release

Maersk Opens First Warehouse in France, Strengthening Logistics Network in Europe

(IN BRIEF) Maersk has opened its first warehouse in France, located in the Hauts-de-France region. The 75,000 m² facility is part of Maersk’s extensive European logistics network and serves as a key hub for strengthening supply chain solutions in the … Read the full press release