Neste celebrates the opening of the Singapore expansion and establishes a sustainable aviation fuel (SAF) supply chain to Changi Airport

ESPOO, Finland, May 16, 2023 /PRNewswire/ — Neste announced its final investment decision on additional renewable products production capacity in Singapore in December 2018. The EUR 1.6 billion Singapore Expansion project has been successfully completed, the start-up of the refinery expansion has been completed after mid-April, and Neste is celebrating its opening today. The Singapore… Continue reading Neste celebrates the opening of the Singapore expansion and establishes a sustainable aviation fuel (SAF) supply chain to Changi Airport

@Hyundai: Kia takes a bold step towards Scalable Sustainability with its Flagship EV9

Kia’s 10 must-have sustainability items to be applied to all new Kia model lines, aiming to achieve sustainability at scale Policy forms part of Kia’s Design Sustainability Strategy, which includes commitments to phase out use of leather and invest in the development of new bio-based materials Kia aims to reduce short-term carbon emissions and achieve… Continue reading @Hyundai: Kia takes a bold step towards Scalable Sustainability with its Flagship EV9

CNET Published AI-Generated Stories. Then Its Staff Pushed Back

In November, venerable tech outlet CNET began publishing articles generated by artificial intelligence, on topics such as personal finance, that proved to be riddled with errors. Today the human members of its editorial staff have unionized, calling on their bosses to provide better conditions for workers and more transparency and accountability around the use of AI.… Continue reading CNET Published AI-Generated Stories. Then Its Staff Pushed Back

@Honda: Ministerial Approval Granted to Form Research Body “HySE” for Development of Hydrogen Small Mobility Engines to Help Build Decarbonized Society

Kawasaki Motors, Ltd.Suzuki Motor CorporationHonda Motor Co., Ltd.Yamaha Motor Co., Ltd. Tokyo, May 17, 2023 ― Kawasaki Motors, Ltd.(hereinafter “Kawasaki Motors”) , Suzuki Motor Corporation(hereinafter “Suzuki”) , Honda Motor Co., Ltd.(hereinafter “Honda”) , and Yamaha Motor Co., Ltd. (hereinafter “Yamaha Motor”) jointly announced today that they have received approval from the Ministry of Economy, Trade and… Continue reading @Honda: Ministerial Approval Granted to Form Research Body “HySE” for Development of Hydrogen Small Mobility Engines to Help Build Decarbonized Society

Zoomlion Empowers Product and Market Development with Glocalization Strategy

CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy

Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

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

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

Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD

NORTHBROOK, Ill., May 16, 2023 /PRNewswire/ — Amsterdam based Hilco Industrial Acquisitions, an operating company of US based Hilco Global, announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD, located in Subic Bay, Philippines, following its strategic acquisition. Consistently with the new business direction of revitalizing the operations of the… Continue reading Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD