LONDON: MGC Pharmaceuticals Ltd (ASX: MXC) announced the successful submission of a patent application for CimetrA to the Slovenian Intellectual Property Office (SIPO), assigned to MGC Pharma. MGC Pharma submitted its patent application which was accepted by SIPO on 5 May 2021 which is the priority date for the patent, giving the Company priority to…
LeoVegas announces launch in the USA
STOCKHOLM: LeoVegas has entered into an agreement to launch the LeoVegas brand in New Jersey, USA, a news release said. The State of New Jersey will mark the company’s first establishment in the USA. LeoVegas will launch with its proprietary technical platform to ensure a world-class gaming experience. The company expects to be able to…
UK Water sector to invest £2.8 billion into the green recovery
LONDON: The water sector is set to invest £2.8 billion in environmental projects to help the country build back greener. Ofwat, in collaboration with Defra, the Environment Agency, the Drinking Water Inspectorate, and CCW, wrote to water companies last year and challenged them to identify ways to support the country’s green economic recovery from COVID-19….
Arkema acquires Edge Adhesives Texas
PARIS: Bostik expands its offerings in high performance adhesives in the United States with the planned acquisition of Edge Adhesives Texas, a complementary asset in hot-melt adhesives and pressure sensitive adhesive tapes for residential construction, a news release said. This project is in line with Arkema’s (Paris:AKE) strategy of bolt-on acquisitions to develop greater breadth…
Tufton Oceanic Assets Limited sells two Handysize Bulk Carriers for $20.5 million
LONDON: The Board of Tufton Oceanic Assets Limited (LON: SHIP) has agreed to divest two Handysize Bulk Carriers for $20.5 million, a news release said. The realised IRR materially exceeds the targets expressed in the Company’s prospectus dated 25 September 2018. This will be the Company’s third divestment. Whilst the Company aims to hold its…
Shield Therapeutics commences trading at OTCQX Best Market
LONDON: Shield Therapeutics plc (LON: STX) announced that trading in the Company’s Ordinary Shares of nominal value of £0.015 each began on the OTCQX Best Market (OTCQX) in the United States, under the ticker symbol “SHIEF”. By trading on the premium OTCQX, Shield’s shares will be available to US investors during US working hours and…
Invinity Energy Systems announces 0.5 MWh sale in California, USA
LONDON: Invinity Energy Systems (LON: IES) has concluded contracting on another project awarded funds by the California Energy Commission (CEC). This follows the Company’s announcement in Q4 2020 that it has been selected for a number of projects funded by the CEC, California’s primary energy policy and planning agency. Invinity has entered into a contract…
Saint-Gobain signs agreement to acquire Duraziv
LONDON: Saint-Gobain has signed an agreement for the acquisition of Duraziv, a Romanian group specialized in the production of adhesives and other value-added construction chemicals solutions, a news release said. This acquisition will allow Saint-Gobain to expand its range of interior and exterior finishing solutions. At the same time, it will accelerate the Group’s market…
EQTEC announces acquisition and commissioning of waste-to-energy plant in Italy
LONDON, UK: EQTEC plc (LON: EQT) announced the acquisition and planned re-commissioning of a 1MWe waste-to-energy plant in Italy. Originally commissioned in 2015, the plant is built around EQTEC’s proprietary and patented Advanced Gasification Technology. EQTEC has acquired, and will lead a consortium to repower, own and operate, the biomass-to-energy plant in Castiglione d’Orcia, Tuscany,…
Andrew Shepherd appointed Group Chief Executive Officer at Brooks Macdonald
LONDON: Brooks Macdonald Group (LON: BRK) announced the appointment of Andrew Shepherd as Group Chief Executive Officer, with effect from 1 July 2021, subject to regulatory approval. Andrew will begin a process of handover from the incumbent, Caroline Connellan, with immediate effect. Andrew is currently Group Deputy CEO and CEO of the Group’s International business….
Shaun Bunn appointed Managing Director of Empire Metals Limited
LONDON: Empire Metals Limited (LON: EEE) has appointed Shaun Bunn to the Board of the Company as Managing Director effective from 1 June 2021. Shaun Bunn is a metallurgist based in Perth, Western Australia, with over 35 years’ experience in exploration, mining, processing and project development, including over 25 years’ experience in the gold mining…
Nordic Paper discontinues pulp production at Säffle plant
STOCKHOLM: Nordic Paper Holding has decided to discontinue the production of pulp at the Säffle plant during the fourth quarter 2021 and replace it with purchased external pulp. The decision has been made as the consultations with trade unions regarding the pulp production now have been concluded. The decision leads to positive environmental effects and…