Latest press releases in English

TS Laevad ferries rely on Steerprop propulsion

Steerprop Ltd.

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/INS.  Unique Steerprop contra-rotating propeller (CRP) units deliver propulsion edge to four ferries in Estonia, combining reliability, performance, and ice-breaking capabilities.

bp invests £4m in fleet optimization software provider Dynamon and announces commercial agreement

BP

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/INS. bp ventures has made a £4 million investment in Dynamon, a UK-based software company that specializes in developing advanced data analytics and simulation tools for commercial transport and logistics companies. The funding forms part of Dynamon’s Series A round, being raised to fully commercialize and scale up its platform and expand its operations in Europe and into North America.

Evergreen Marine bets billions on methanol fueling

Evergreen Marine

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/INS.  In a move that positions it to displace Hapag-LLoyd as the world’s fifth largest box ship operator Taiwan’s Evergreen Marine Corporation is betting billions on methanol-fueling, placing orders for 24 methanol dual fueled 16,000 TEU containerships, split between two Asian shipyards. At 16,000 TEU, the ships are larger than anything Evergreen Marine Asia  currently lists in its flee t, the largest of which come in at 8,508 TEU.

ABB and Microsoft collaborate to bring generative AI to industrial applications

ABB

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ABB is working with Microsoft on the integration of generative AI capabilities into industrial digital solutions for safer, smarter and more sustainable operations The collaboration aims to deploy Copilot capabilities to enable more intuitive user interaction with ABB Ability™ Genix Industrial Analytics and AI Suite and its applications, and further enhance the value of contextualized data for efficiency and sustainability gains ABB is leveraging Microsoft Azure OpenAI Service to complement ABB Ability Genix

Stora Enso launches new building concepts for designing mixed use buildings with small carbon footprints

Stora Enso Oyj

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/INS.  Stora Enso, the leading provider of sustainable wood-based building solutions, has launched new and updated building concepts with major industry partners, to offer more versatile and sustainable options for building with wood.

Technip Energies and Enerkem join forces on Waste-to-Biofuels and circular chemicals technology deployment

Technip Energies

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/INS.  Technip Energies and Enerkem Inc. have signed a memorandum of understanding to enter into a Collaboration Agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials.

Tetra Pak leads Dairy Processing Task Force to accelerate climate action

Tetra Pak

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<p>Milk Milk</p> (photo: Tony Cordoza / Alamy)

/INS.  Tetra Pak has initiated the Dairy Processing Task Force – a joint coalition that aims to bring in figures from across the dairy sector to improve approaches to decarbonisation within dairy processing. Its formation reinforces Tetra Pak's contribution to the global dairy sector’s  Pathways to Dairy Net Zero Initiative .

Bio-Gate AG signs LOI with North American medical device manufacturer for trauma implants

Bio-Gate AG

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/INS.  Nuremberg/Bremen, August 2, 2023 - Bio-Gate AG (ISIN DE000BGAG981), a leading provider of innovative technologies and individual solutions for health and hygiene, has concluded a preliminary agreement (LOI, Letter-of-Intent) with a North American medical device manufacturer focusing on the trauma sector. The medical device manufacturer intends to use Bio-Gate's "HyProtect TM " coating process for its own implants in human medicine following the FDA approval process.

Ricardo is helping to accelerate Europe’s transformation to a climateresilient future

Ricardo

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/INS.  Building on its international expertise in climate adaptation, Ricardo is delivering adaptation planning and resilience support to Europe’s regions and local authorities

Akzo Nobel India predicts paints and coatings industry to surpass Rs. 1 lakh crore in 5 years

Akzo Nobel N.V.

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/INS.  Akzo Nobel India, a paint manufacturing company, reported a positive trend in the paints and coatings industry during fiscal 2022-23, driven by a decline in raw material prices from previous highs. In its latest annual report, the company projected that the paints and coatings industry in the country is set to reach Rs. one lakh-crore in the next five years, with the current size estimated at around Rs. 62,000 crore.