LONDON: Avingtrans PLC’s wholly owned subsidiary, Booth Industries, has secured a multi-year contract worth £36 million to supply cross passage doors for the HS2 rail link. The doors will provide fire protection between cross passages along Phases 1 and 2a of the HS2 route (London to West Midlands; West Midlands to Crewe), creating a safe…
Ferguson plc appoints Bill Brundage as Group CFO
LONDON: Ferguson plc has announced the appointment of Bill Brundage as Chief Financial Officer (CFO) and an Executive Director, with effect from November 1, 2020. Bill is currently CFO of Ferguson Enterprises a position he has held since March 2017. Bill has over 17 years of experience in a variety of senior finance roles at…
THG Ingenuity announces five-year partnership with Hotel Chocolat
LONDON: THG Ingenuity, the Technology Services division of THG Holdings, announced a five-year partnership with Hotel Chocolat, the UK based luxury chocolatier. The agreement will launch the brand’s direct-to-consumer (DTC) offering in the United States, with the retailer accessing the full suite of services offered by THG Ingenuity. This digital partnership aligns Hotel Chocolat’s expansion…
Novacyt announces launch of COVID-19 antibody test
PARIS: Novacyt S.A, an international specialist in clinical diagnostics, has launched a CE-Mark approved serology (antibody) 96-well plate ELISA (enzyme-linked immunosorbent assay) test for the detection of IgG antibodies to SARS-CoV-2 derived from plasma and serum samples. The test has been launched by Microgen Bioproducts Limited (Microgen), which is part of Novacyt’s protein diagnostics division…
Total extends its biodiversity ambition in line with United Nations plan for biodiversity
PARIS: Total S.E, which has just been recognized as Global Compact Lead by the United Nations, is committing to biodiversity by extending its ambition in four main areas. 1. Voluntary exclusion zones: Total commits, in recognition of the universal value of UNESCO World Natural Heritage sites, not to conduct oil or gas exploration or extraction…
Synairgen and Clinigen sign agreement for treatment of hospitalised patients with COVID-19
SOUTHAMPTON: Synairgen plc and Clinigen Group have signed an agreement to launch a Managed Access Program for Synairgen’s inhaled formulation of interferon beta (IFN-beta), SNG001, in the UK and the EU for the treatment of hospitalised COVID-19 patients. SNG001 is an inhaled formulation of IFN-beta for direct delivery to the lungs via nebulisation. Synairgen announced…
St. Modwen Properties appoints Sarwjit Sambhi as Chief Executive Officer
LONDON, UK: St. Modwen Properties announced the appointment of Sarwjit Sambhi as Chief Executive Officer with effect from 2 November 2020. Sarwjit was most recently CEO of Centrica Consumer and a member of the board at Centrica plc, the FTSE 250 energy group. He held various senior positions during his 19-year tenure at the company,…
Total acquires London’s largest electric vehicle charging network, Blue Point London
PARIS: Total S.E has signed the acquisition of ‘Blue Point London’ from the Bolloré Group, a news release said. With this transaction, Total is taking over the management and operation of Source London, the largest electric vehicle charging network citywide, which includes more than 1,600 on-street charge points. Launched in 2010, the current Source London…
Salmon Evolution admitted to trading on Merkur Market
OSLO: The land-based salmon farming company Salmon Evolution has today been admitted to trading on Merkur Market (ticker code: SALME-ME). Salmon Evolution is a land-based salmon farming company with its first production facility under construction on Indre Harøy, Norway. Salmon Evolution recently raised NOK 500 million through a private placement. “The private placement attracted very…
OHT admitted to trading on Merkur Market
OSLO: The specialized heavy transport and installation contractor OHT has today been admitted to trading on Merkur Market (ticker code: OHT-ME). OHT focuses on offshore wind installation, and recently raised NOK 542 million through a private placement to finance new custom-built semi-submersible offshore wind foundation installation vessels. The placement attracted strong interest. OHT is a…
Lucky Cement recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020
KARACHI: Lucky Cement Limited was recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020 for Materials sector in Pakistan. Asia’s Outstanding Companies Poll recognizes publicly listed companies across the region for their excellence in a variety of business areas and markets. The results recognized 140 companies as being the most outstanding for their sectors…
Agha Steel signs Rs10.5 billion sales agreement with Horizon Steel
KARACHI: Agha Steel Industries is going to sell 100,000 metric tons of low-carbon billets worth approximately Rs 10.5 billion per annum to Horizon Steel, a news release said. The two companies have signed a memorandum of understanding (MoU) that ensures Agha Steel will reliably supply the intermediate steel product that the downstream steel industry uses…