SYDNEY: Centuria Capital Group’s New Zealand subsidiary, Augusta Capital, has settled the acquisition of the NZ$178 million Visy Glass manufacturing plant in Penrose, Auckland. The property was acquired by a new single-asset unlisted fund –Augusta Penrose Limited (the Fund). The Fund had a total equity requirement of NZ$109.3million.The Fund is forecast to provide investors an…
Solteq Plc acquires Partiture’s professional services business
HELSINKI: Solteq Plc has signed an agreement to acquire Partiture Oy’s professional services business, along with its current employees and customers. The agreement is effective as of March 1, 2021. Partiture Oy is Finland’s leading consulting and project management company in the energy sector. Utilities sector is one of the Solteq’s key drivers for growth…
Mike Bartels appointed CEO of Sparc Technologies
SYDNEY: Sparc Technologies Limited announced the appointment of Mr. Mike Bartels as Chief Executive Officer (CEO) effective March 1st, to fast track the technical and commercial business units and workstreams currently underway. Mike holds a Bachelor of Science in Applied Chemistry and has a wealth of experience in sales and marketing with major multinational coatings…
Sparc Technologies Limited (ASX:SPN)
Click Here Sparc Technologies Limited (ASX:SPN) Share price Sparc Technologies Limited (ASX: SPN) is a South Australian based company that is focusing on the development of innovative technology solutions using the unique properties of graphene. Graphene, which can be extracted from graphite, is a 2-dimensional nano material made of carbon atoms arranged in a hexagonal…
EPCL’s new PVC plant commences commercial operations
KARACHI: Engro Polymer and Chemicals Limited (EPCL) announced that commercial operation date of the new PVC plant of 100,000 tons capacity has been achieved. Engro Polymer and Chemicals Ltd (EPCL) had secured $35 million from the International Finance Corporation (IFC) to fund the expansion plans for its PVC production plant. The IFC financing is a…
Hexagon Agility gets $6.8 million additional order for CNG trucks
OSLO: Hexagon Agility, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. The first order received related to this customer in 2021 represents an estimated total value of USD $6.8 million (approx. NOK 58 million). As a low…
Arcadis finds U.S., Singapore, and Japan most attractive places to build data centers
AMSTERDAM: Arcadis announced the release of its Data Center Location Index 2021, which lists the most favorable markets for localization. Following the United States, Singapore and Japan, Sweden and Norway took the fourth and fifth spots, respectively. The Arcadis Data Center Location Index 2021 includes 50 markets across six continents ranking optimal places to build…
Dubai Sustainable Finance Working Group launches two guides for sustainable issuance and investment
DUBAI: The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its leading position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The guides inform issuers and investors about best practices in the rapidly expanding ESG sector and…
Al Moammar Information Systems and Abunayyan Holding to jointly develop green data centers in KSA
RIYADH: Al Moammar Information Systems (MIS) has signed a non-binding memorandum of understanding (MoU) with Abunayyan Holding Group to establish a joint venture company with the aim of exploring the feasibility of building and developing green data centers based on renewable energy in the Kingdom of Saudi Arabia (KSE). The MOU provides a general framework…
Aljazira Takaful enforces decision to merge Solidarity Saudi Takaful into Aljazira Takaful
RIYADH: Al Jazira Takaful Company announced the enforcement of the decision to merge Solidarity Saudi Arabia into Al Jazira Takaful Company and transfer all the assets and liabilities of Solidarity Saudi Company to Al Jazira Takaful Company. Al Jazira Takaful Company will issue 12.066 million ordinary shares with a nominal value of Ten Saudi riyals…
Vodafone Qatar unveils enhanced Giganet Network
DOHA, QATAR: Vodafone Qatar has launched a new cross-country campaign to showcase the improvements it has made to its GigaNet network. The campaign demonstrates that the Vodafone network is at its strongest, biggest and fastest point in the Company’s history, in order to better support both consumers and businesses. Since 2018, Vodafone Qatar has poured…
Tabreed expands its R&D funding commitment to boost efficiency and sustainability
ABU DHABI: National Central Cooling Company PJSC (Tabreed) has announced the launch of four pilot projects, which are part of Tabreed’s R&D funding commitment, which reinforces the company’s unwavering stewardship towards sustainability beyond just environmental benefits. This will also contribute to an improvement in Tabreed’s operational efficiency while enhancing district cooling plant life and reliability,…