CIAL: ITALY EXCELLS IN EUROPE IN THE SEPARATE COLLECTION AND RECYCLING OF ALUMINIUM PACKAGING

73.6% of the total aluminium packaging entering the market and 91.6% of aluminium beverage cans are recycled MILAN, May 15, 2023 /PRNewswire/ — In line with the principles of the new Circular Economy Action Plan of the European Green Deal, the Italian model for the management of packaging and aluminium packaging waste represents excellence in… Continue reading CIAL: ITALY EXCELLS IN EUROPE IN THE SEPARATE COLLECTION AND RECYCLING OF ALUMINIUM PACKAGING

Apax Funds make approximately $450m investment in travel tech company IBS Software

DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software

Shanghai Jing’an hosts cultural events to show charm of coffee, jazz and drama

SHANGHAI, May 15, 2023 /PRNewswire/ — The JZ Festival Shanghai, the Shanghai Jing’an Modern Drama Valley and the Shanghai Jing’an World Coffee Cultural Festival have been held in Shanghai’s Jing’an District recently, creating a row of cultural wave, according to Jing’an Cultural and Tourism Bureau. From the fashionable Nanjing Road in Shanghai to the quietly flowing Suhe Bay, in… Continue reading Shanghai Jing’an hosts cultural events to show charm of coffee, jazz and drama

Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry

OptiGroup successfully raises EUR 100 million additional debt from leading investors

GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors

TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity  firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia

Accor and Erth Real Estate announce three new luxury hotels as centrepiece of multi-branded luxury hospitality community in Riyadh

RAFFLES RIYADH, MGALLERY RESORT RIYADH, AND SOFITEL EXTENDED STAY AT AL YASMIN DISTRICT RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — Accor, a world-leading hospitality group, in partnership with Erth Real Estate Company, today announced that it will open three new hotels in Riyadh, Kingdom of Saudi Arabia, as part of a new master planned… Continue reading Accor and Erth Real Estate announce three new luxury hotels as centrepiece of multi-branded luxury hospitality community in Riyadh

China Matters’ Feature: What Makes Ningbo-CEEC Connection Vibrant?

BEIJING, China, May 15, 2023 /PRNewswire/ — Ningbo is a vibrant city located on China’s east coast, boasting the third largest container port in the world. The finance-friendly environment and favourable policies facilitate Ningbo’s role as a hub for international commerce. Specifically, Ningbo has become one of Central and Eastern Europe’s largest business partners. 2022… Continue reading China Matters’ Feature: What Makes Ningbo-CEEC Connection Vibrant?

FreighTrax and The University of Central Oklahoma (UCO) Announce Groundbreaking Collaboration and Launch of Innovative “PortTrax” Drayage Course

SAN ANTONIO, May 15, 2023 /PRNewswire/ — The University of Central Oklahoma (UCO) and leading online training company FreighTrax are thrilled to announce their strategic collaboration to deliver online courses for truck drivers in pursuit of career development and modern transportation training. Continue Reading “The PortTrax course is a comprehensive program that will address the… Continue reading FreighTrax and The University of Central Oklahoma (UCO) Announce Groundbreaking Collaboration and Launch of Innovative “PortTrax” Drayage Course

Rinchem Appoints Christopher Easter as Chief Executive Officer

ALBUQUERQUE, N.M., May 15, 2023 /PRNewswire/ — Rinchem Company, LLC, a global provider of chemical supply chain solutions, announced that the Rinchem Board has appointed Christopher Easter as Chief Executive Officer, effective immediately. Mr. Easter will succeed Rinchem’s current interim CEO Chris Wright, who will continue to serve on Rinchem’s executive team as Executive Vice… Continue reading Rinchem Appoints Christopher Easter as Chief Executive Officer