PARIS: Toronto based CO2 GRO Inc. announced its first commercial feasibility in the EU with France based Plant Advanced Technologies PAT. It is also the first partnership with its UK based Marketing Partner Rika Biotech that is exclusively representing CO2 Delivery Solutions in the UK, the Netherlands and Belgium greenhouse markets. The commercial feasibility is…
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Europcar creates Nordic Regional Cluster
PARIS: Europcar Mobility Group announced the creation of a Nordic Cluster across Europcar Mobility Group businesses in Denmark, Finland and Norway, which will be led by Stéphane Soille, appointed as its Managing Director. Stéphane Soille will be supported by a Country Head for each of the three markets, with a strong commercial focus: Christian Øien…
Air Liquide inaugurates low-carbon hydrogen membrane-based production unit in Canada
PARIS: Air Liquide has completed the construction of the world’s largest PEM (Proton Exchange Membrane) electrolyzer, a news release said. Supplied with renewable energy, this unit is now producing up to 8.2 tonnes per day of low-carbon hydrogen in Bécancour, Québec. With this large-scale investment, the Group confirms its long-term commitment to the hydrogen energy…
GeNeuro gets French state grant for COVID-19 research action
PARIS: GeNeuro has received an award from the French national research agency, ANR (Agence Nationale de Recherche), for its COVERI project focused on understanding the role of human endogenous retrovirus (HERV) proteins in the abnormal immune-inflammation or the neurological damages suffered by important subsets of COVID-19 patients. In June 2020, GeNeuro signed a research agreement…
Sanofi, Capgemini, Generali and Orange to create e-health digital ecosystem
PARIS: Sanofi, Capgemini, Generali and Orange are forming a joint venture in France to fast-track the development of concrete healthcare solutions and to make them available to the market for the benefit of patients, a news release said. The project, on a scale that is unique in Europe, will bring together leading scientific and technological…
Vivendi making investment in PRISA to own 7.6% stake
PARIS: Vivendi announced today that it is making an investment in PRISA for 7.6% stake. Vivendi’s investment supports PRISA in its future developments. PRISA is the Spanish-speaking leader in media and education, and owner of El Pais, Santillana, Cadena SER, Radio Caracol, AS and Los 40 Principales. Buying shares in PRISA is part of Vivendi’s…
LUMIBIRD confirms its interest in CILAS
LUMIBIRD has confirmed interest in CILAS if the company was to be sold by its shareholders. “Such an acquisition would be in line with its development strategy,” LUMIBIRD noted. CILAS and LUMIBIRD have highly complementary technology portfolios which together would constitute the European leader in laser technologies for the Defence market, and could thus be…
Quadient divests Graphics activities in Australia and New Zealand
PARIS: Quadient S.A announced the divestment of its Graphics activities in Australia and New Zealand to Smartech Business Systems Australia Pty, a technology solutions provider and a long-term partner working with Quadient in the Asia-Pacific region. As part of the transaction, Smartech Business Systems Australia Pty will become the distributor of Quadient’s Mail-Related Solutions in…
Ipsen appoints Gwenan White as EVP Communications and Public Affairs
PARIS: Ipsen announced today the appointment of Gwenan White as Executive Vice President, Communications and Public Affairs, effective March 2021. Based in Boulogne, France, she will be responsible for designing, implementing and managing the communications and public affairs strategy for Ipsen at global level, reporting directly to David Loew, CEO, Ipsen. Gwenan will serve on…
Total issues hybrid bonds to finance its development strategy in renewables
PARIS: Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion. Jean-Pierre Sbraire, Chief Financial Officer at Total, said: “These hybrid bonds provide a cost of capital comparable to that of pure players in renewables and is therefore suited to finance acquisitions in this business. These bonds will finance in a very…
Total divests 10 percent interest in onshore Oil Mining Lease to TNOG Oil & Gas Limited
PARIS: Total SE has completed the divestment of its 10% interest in onshore Oil Mining Lease (OML) 17 to the Nigerian company TNOG Oil & Gas Limited, a related company of Heirs Holdings Limited and of Transnational Corporation of Nigeria Plc (Transcorp), for about $180 million, out of which about $150 million was paid at…
Arcadis announces global partnership with Techstars start-up, Irys
AMSTERDAM: Arcadis N.V, the leading global Design & Consultancy organization for natural and built assets, announced a global partnership with Irys, a Techstars start-up based in Texas, USA. The new partnership will see Arcadis incorporate Irys’ cutting edge and human centric engagement tools within its own infrastructure, mobility and buildings projects with the aim to…