PORTLAND: Routeware Global Inc. has acquired ReCollect Systems Inc., an innovative provider of communication and education tools for recycling. Headquartered in Vancouver, British Columbia, ReCollect helps governments and businesses make recycling more effective in their communities by using digital services to transform citizen engagement. ReCollect’s mobile applications and online tools help reduce contamination, “wishcycling”, and…
AmSty and Agilyx collaborate to build advanced recycling facility in Louisiana
WOODLANDS: AmSty, the largest polystyrene producer in the Americas, and Agilyx Corporation announced an agreement to explore the development of a jointly owned advanced recycling facility. The initial scope of this project will be a 50 to 100 ton per day advanced recycling facility located at AmSty’s Styrene production facility in St. James, Louisiana. The…
Air Lease Corporation leases Airbus A320-200 Aircraft to HiSky Moldova
LOS ANGELES: Air Lease Corporation (ALC) announced a long-term lease placement for one used Airbus A320-200 aircraft with HiSky Moldova. Scheduled to deliver in April 2021, this is ALC’s third Airbus A320 family aircraft placement with the Moldovan startup airline, a news release said. “We are pleased to announce this agreement to deliver our third…
HTL expands Zic oil distribution to Afghanistan
KARACHI: Hi-Tech Lubricants Ltd. (HTL) and Osman Ghani Ltd., an Afghanistan based company, have entered into a non-exclusive distribution agreement for export of locally blended ZIC brand products to Afghanistan. “We have widened the scope of HTL’s distribution network beyond the geographical borders of Islamic Republic of Pakistan to cater the increasing demands of HTL’s…
Nel ASA signs MoU with Haldor Topsoe for green ammonia and methanol solutions
OSLO: Nel ASA has entered into an MoU with Haldor Topsoe with the intent to offer customers end-to-end green ammonia and methanol solutions, based on globally leading technologies from the two companies, a news release said. “We are very excited to join forces with Haldor Topsoe for possible future development of end-to-end green ammonia and…
RoodMicrotec completes of secured bond loan refinancing
DEVENTER: RoodMicrotec N.V. announced the completion of the refinancing of the secured bond loan issued in 2014. A small group of long time investors has provided the funds for the new loan to the Company and the Company has transferred the funds to NPEX, who will administer the repayment of the outstanding bonds in the amount…
Aker Solutions and Doosan Babcock partner up for sustainable energy projects in UK
OSLO: Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK, a news release said. The partners will particularly focus on pursuing and winning contracts for new hydrogen production plants, and facilities for carbon capture, utilization and storage (CCUS). Opportunities for other projects within the…
Saga Pure to acquire 33% stake in IC Technologies
OSLO: Saga Pure ASA has committed to subscribe for NOK 30 million in a private placement of new shares in IC Technologies AS (ICT), which is developing a novel storage solution for liquid hydrogen and LNG. “One of the crucial elements in the hydrogen value chain is storage, distribution and transportation. Liquid hydrogen is the…
Subway signs two-year multi-million-pound sponsorship with Guild Esports
LONDON: Guild Esports welcomes Subway as the Company’s Official Quick-Service Restaurant Partner with the signing of a two-year multi-million-pound sponsorship deal covering 55 markets in the EMEA region. The deal is the third revenue-generating sponsorship secured by Guild Esports since its flotation on the London Stock Exchange on 2 October 2020. Under the terms of…
IWG plc appoints Glyn Hughes as Chief Financial Officer
LONDON: IWG plc has appointed Glyn Hughes as Chief Financial Officer (CFO) with effect from 25 March 2021 when he will also join the Board. Glyn takes over the CFO role from Eric Hageman who will resign as a director of IWG plc on that date while remaining for a transitional period to ensure a…
Apax X Fund to acquire majority stake in Rodenstock Group
LONDON: Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake in Rodenstock Group, a leading manufacturer of premium ophthalmic lenses. The transaction is expected to close by Q3 2021, subject to applicable regulatory requirements, a news release said. On a…
Mobile Streams announces acquisition of 49% of KrunchData Limited
LONDON: Mobile Streams has reached agreement to acquire a 49% interest in KrunchData Limited for £735,000, comprising £500,000 cash and 90,384,615 Ordinary Shares issued at 0.26p each, with an option to acquire the remaining 51% at any time in the next two years for £765,000. As part of the Transaction, it has been agreed that…