BASF, Quantafuel and REMONDIS to cooperate on chemical recycling of plastic waste

OSLO: BASF, Quantafuel and REMONDIS have signed a Memorandum of Understanding (MoU) to jointly evaluate a cooperation in chemical recycling including a joint investment into a pyrolysis plant for plastic waste. It is intended that REMONDIS, one of the world’s leading waste and water management companies, supplies suitable plastic waste to the plant, and chemical…

IDEX Biometrics Appoints James Simms as Chief Financial Officer

OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed James A. Simms as Chief Financial Officer with effect from 26 April 2021. Mr. Simms is an accomplished executive, with extensive experience with publicly-listed companies across high technology. Since 2008, he has served as Chief Financial Officer and a…

Arribatec awarded 5 year software contract with major European cruise liner

OSLO: IB (Arribatec Marine Solutions), a subsidiary of Arribatec Solutions ASA, has been awarded a five-year Software-as-a-Service (SaaS) contract with a major European based Cruise Liner for a total of 17 cruise ships. “We´re pleased to announce that our state-of-the-art marine solutions are gaining traction in the market, now selected by one of the largest…

Glamox has signed an agreement to acquire Luminell

OSLO: Glamox, a Norwegian industrial group, has signed an agreement to acquire 100% of the shares in the Norwegian company Luminell Group AS, a news release said. Established in 2010, Luminell has achieved a strong position as a high-quality developer and supplier of floodlights, searchlights, and lighting controls in the marine and offshore lighting market.…

Meltwater acquiring social media intelligence company Linkfluence for EUR 50 million

OSLO: Meltwater announced agreement to acquire leading social media intelligence company Linkfluence for EUR 50 million in a combination of cash, equity, and earn-out Meltwater B.V., a leading global provider of media intelligence and social analytics, has entered into an agreement under which it is committed to acquire Linkfluence, a French SaaS company using artificial…

John Hulme appointed Chief Operating Officer at Noreco

OSLO: Norwegian Energy Company ASA (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective today. Mr Hulme brings 30 years of global experience in the oil and gas industry. He was most recently Country Manager for Sapura Energy E&P business in Malaysia, which delivered strong growth following the acquisition of Newfield Malaysia in…

Kalera buys facility in Minnesota to form a vertical farming facility

ORLANDO: Kalera AS announced the purchase of a facility in St. Paul, Minnesota which they will convert to a vertical farming facility. Kalera’s Minnesota location is the eighth facility it has announced, making it one of the fastest growing vertical farming companies in the United States. This announcement comes on the heels of the news…

LINK Mobility signs mobile communication agreement with Everbridge

OSLO: LINK Mobility has signed a mobile communication agreement with Everbridge to help keep people safe and organizations running amid critical events, a news release said. LINK, Europe’s leading provider in the mobile communications industry, today announces that U.S.-based Everbridge, the global leader in critical event management (CEM) has selected the company as a short…