NANTES, FRANCE: Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen, is targeting to build a large-scale hydrogen production plant in the Chemical Cluster Delfzijl, situated in the province of Groningen in the North of the Netherlands. The 200 MW plant will have a production capacity of more than 20.000…
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STMicroelectronics to build SiC substrate manufacturing facility in Italy
GENEVA, SWITZERLAND: STMicroelectronics (NYSE: STM) will build an integrated Silicon Carbide (SiC) substrate manufacturing facility in Italy to support the increasing demand from ST’s customers for SiC devices across automotive and industrial applications as they transition to electrification and seek higher efficiency. Production is expected to start in 2023, enabling a balanced supply of SiC…
Orano develops its electric vehicle battery recycling project
PARIS, FRANCE: The Orano group, a specialist in the nuclear cycle and the processing of strategic materials, is continuing to develop its project for the recycling of Lithium-ion electric vehicle batteries, joining forces with French and international partners. Following on from the launch of the REsolutION1 electric vehicle battery recycling project in 2019, in July…
Arcadis signs deal to acquire DPS Group for €232 million
AMSTERDAM: Arcadis, the leading global design & consultancy organization for natural and built assets, has entered into an agreement to acquire DPS Group, a leading consultancy, engineering and construction management company for Life Sciences and Semiconductor facilities. The acquisition of DPS for a cash consideration of €232 million or an enterprise value of around €295m…
Paul Weir appointed permanent CEO of Genel Energy
OSLO, NORWAY: Genel Energy plc announced the appointment of Paul Weir as Chief Executive Officer, and as a member of the Board of Directors, with immediate effect. Paul Weir, who was previously Chief Operating Officer before being made Interim Chief Executive Officer in June this year, joined Genel Energy in January 2020. Paul had worked…
Orkla Food Ingredients to purchase 84% of US-based Denali Ingredients
OSLO, NORWAY: Orkla Food Ingredients (OFI) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, which is a leading ice cream ingredients business in the USA. The purchase price on a 100% and cash and debt free basis is USD 200 million, equivalent to NOK ~2.2 billion. Denali Ingredients has…
Worldline agrees to acquire 40% stake in Online Payment Platform B.V.
PARIS, FRANCE: Worldline, a global leader in payment services, announced an agreement for the acquisition of a 40% stake in Online Payment Platform B.V., (OPP) an online Payment Service Provider with a dedicated payment solution for marketplaces and platforms. Marketplaces and platforms: a fast growing e-commerce market Transactions through marketplaces and platforms make up approximately…
5th Planet Games announces launch of Hugo Up & Away
COPENHAGEN, DENMARK: 5th Planet Games announced that Hugo Up & Away is now available to real money gaming fans all over the World. A big part of Hugo’s DNA and what made him so popular is the iconic crash element from the TV game show from the 90s and this part of the Hugo story…
REC Silicon appoints William Kurtis Levens as new CEO
OSLO, NORWAY: The Board of Directors of REC Silicon ASA announces that Mr. William Kurtis Levens will succeed James A. May II as the new Chief Executive Offer of the REC Silicon group. Mr. Levens, a Senior Vice President and General Manager of Electronic Grade Polysilicon and Silicon Gases, is the longest-standing executive at REC…
IMMO Blockchain acquires DIMOBA, pioneer of interactive live streaming
PARIS, FRANCE: IMMO Blockchain, a group combining dynamic management of proprietary land assets, event solutions and developing a new land investment platform based on Blockchain technology announced the acquisition of 100% of the capital and voting rights of the company DIMOBA, a pioneer in interactive live streaming. Founded 5 years ago, the company produces innovative…
Pernod Ricard appoints Nicolas Oudinot as CEO of its newly created e-commerce division
PARIS, FRANCE: Pernod Ricard (Paris:RI) has announced the appointment of Nicolas Oudinot as CEO of its e-commerce division, who brings an impressive background in luxury, digital and innovation. Pernod Ricard (Paris:RI) created a new business unit to scaleup and expand geographically its existing direct-to-consumer and niche B2B businesses as they approach a mature stage of…
Veidekke anticipates boost in the water, sewerage and energy markets
OSLO, NORWAY: Veidekke’s forecasts for the next two years point to a more muted construction market. In general, transport and construction activities are expected to remain at a high level, but private and commercial construction is expected to decline. The water, sewerage and energy market segments are expected to increase significantly going forward. Following a…