LONDON: TP Group provided an update on its development programme to build modular gas production equipment announced 16 April 2020. TP Group engineers at the Portsmouth technology centre have completed the first phase of the project by commissioning a single modular system that produced both oxygen and hydrogen at ultra-high purity levels. Under trial conditions,…
BWA Group appoints James Hogg as a non-executive director
LONDON: BWA Group plc has appointed James Hogg MSc. BSc. MAIG as a non-Executive Director of the Company. BWA Group plc has seven mineral exploration licences split between Canada and Cameroon at various stages of development. James is Principal Geologist and Managing Director of Addison Mining Services (Addison) and has over 20 years of experience…
PhosAgro CEO takes part in panel session for agribusiness leaders at the Synergy Executive Forum
MOSCOW: Andrey Guryev, the CEO of PhosAgro and President of the Russian Fertilizer Producers Association (RFPA), took part in a panel session for Russian agribusiness leaders during the Synergy Executive Forum. The Chairman of the Board of Directors of Rostselmash, Konstantin Babkin, and the founder of the Russian Parmesan project, Oleg Sirota, also took part…
BlueRock announces private sale of diamonds
LONDON: BlueRock Diamonds PLC, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, announced the private sale of 2,400 carats at an average of USD290 per carat for a total of USD 700,000. BlueRock Executive Chairman, Mike Houston, said, “This sale at a time when the traditional sales channels…
Segro acquires urban warehouse park in prime west London for £202.5 million
LONDON: SEGRO plc has acquired Perivale Park, a 34 acre urban warehouse estate in Perivale, West London, from Federated Hermes for £202.5 million. The estate is located in SEGRO’s core west London cluster alongside the A40 main road into Central London and within 2 miles of London’s inner arterial road, the North Circular Road, making…
Surface Transforms announces £5m Koenigsegg contract award
LONDON: Surface Transforms, manufacturers of carbon fibre reinforced ceramic materials, has been selected as the tier one sole supplier of carbon ceramic brake discs on the recently launched Koenigsegg Gemera. The lifetime value of the contract is in excess of £5m with a start of production in mid 2022 completing in mid 2027. Revenue is…
Oxford Biomedica signs 5-year collaboration agreement with the Vaccines Manufacturing and Innovation Centre
OXFORD: Oxford Biomedica has signed a Collaboration Agreement with the Vaccines Manufacturing and Innovation Centre (VMIC), a not-for-profit organisation established to provide the UK’s first strategic vaccine development and advanced manufacturing capability. This five year Agreement will involve the organisations working collaboratively to enable the manufacture of viral vector based vaccines, contributing towards a rapid…
Hummingbird Resources signs agreement to acquire Kouroussa Gold Project
LONDON: Hummingbird Resources plc signed a binding heads of terms agreement for the acquisition of the Kouroussa Gold Project located in Guinea, from Cassidy Gold Corp subject to standard conditions precedent including government approval. Initial consideration of £10 million satisfied through the issue of 35.248,441 Hummingbird new ordinary shares at 28.4p, currently representing 9.1% of…
Dar Al Takaful to acquire Noor Takaful for AED 215 million
DUBAI: Dar Al Takaful PJSC (DAT) has entered into a legally binding share purchase agreement with Noor Investment Group LLC and Noor Bank PJSC to acquire the entire share capital of both Noor Takaful General PJSC and Noor Takaful Family PJSC for a total consideration of AED 215 million in cash. The Company can confirm…
Nextleaf Solutions receives patents for cannabis oil extraction in North America, Europe, and Asia
VANCOUVER: Nextleaf Solutions Ltd. has been issued more patents in North America, Asia, and Europe. These additional patents were awarded in jurisdictions including, but not limited to: the United States; Spain; Portugal; Poland; Malta; Ireland; Denmark; and, Cambodia. These patents extend the Company’s existing patent portfolio to protect methodologies relating to the removal of fats…
Forethought expands Colorado network with deployment at H5 data centers
DENVER: H5 Data Centers, a national colocation and wholesale data center provider, announced the network expansion of Forethought, one of Colorado’s leading locally owned service providers to its Denver data center campus. Forethought can now offer Internet, cloud and communications services to customers at 5350 S. Valentia Way. H5 Data Centers owns a 300,000-square-foot data…
After auto insurance, BSE EBIX launches health insurance on its on-demand hi-tech platform
MUMBAI, INDIA: BSE Ebix Insurance Broking Private Limited, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd., announced the beta launch of health insurance on its state-of-the-art hi-tech platform by enrolling Religare Health Insurance Company Ltd, India’s leading standalone health insurer. BSE Ebix had beta launched its operations on February 7, 2020 with…