SYDENY: Vital Metals has announced that. Tony Hadley has been appointed as Chief Operating Officer of the company. Vital Metals Limited is an explorer and developer focussing on rare earths, technology metals and gold project across a range of jurisdictions in Canada, Africa and Germany. Regarded as one of the world’s leading experts in rare…
iCraft launches graphene cosmetic face mask
LONDON: iCraft has launched graphene cosmetic face mask featuring Haydale graphene nano-platelets. iCraft is a KOSDAQ listed company whose primary business designs, develops, and provides internet network integration products. iCRAFT also develops innovative products in wider sectors such as health and beauty. Haydale Graphene Industries has supplied graphene to iCraft since May 2019 for development…
Okamoto licenses VivaGel antiviral condom in Asian countries
MELBOURNE: Starpharma Holdings Limited announced that following the successful launch of the VivaGel antiviral condom by Okamoto Industries in Japan, Okamoto has sought an expansion to its licence territory for the VivaGel condom. As a result, Starpharma has granted Okamoto marketing rights to a further 11 countries in Asia which include South Korea, Indonesia, Malaysia,…
Mitr Phol to acquire Olam’s remaining 50% stake in Indonesian sugar joint venture
SINGAPORE: Global food and agri-business Olam International has entered into an agreement to sell its remaining 50.0% equity stake in Indonesian sugar joint-venture Far East Agri to its joint venture partner Mitr Phol Sugar Corporation for a total consideration between US$82.5 million and US$85.0 million. The consideration was arrived at on a willing buyer-willing seller…
Subsea 7 awarded contracts offshore Australia, offshore US Gulf of Mexico
LUXEMBOURG: Subsea 7 S.A. has announced the award of a large contract by ConocoPhillips Australia Barossa Pty Ltd to deliver the SURF scope for the Barossa Project, and a substantial contract by Murphy Exploration and Production Company – USA for the subsea installation services related to the Samurai, Khaleesi, and Mormont developments tying back to…
Arendals Fossekompani launches green-tech group, Volue
ARENDAL: Industrial investment company Arendals Fossekompani has grouped its portfolio companies including Powel, Scanmatic, Markedskraft and Wattsight in a new international growth company named Volue, which would increase yield and reduce carbon footprint of customers in the European energy sector, whilst preserving its mission to accelerate digitalisation across other industry verticals. “We are proud to…
Mowi collaborates with Alphabet’s innovation engine to make salmon farming more sustainable
BERGEN: Mowi, world’s leading seafood company, works with Tidal, X’s ocean health and sustainably team, to test and research new technologies. Over the last three years, Mowi has been researching and testing a new sensing system developed by Tidal at Alphabet’s X. After an extensive research and development period involving field testing and data collection,…
Puma Energy agrees to shareholding restructuring with Trafigura and Cochan
SINGAPORE: Puma Energy Holdings Pte Ltd has agreed, subject to receipt of regulatory approvals, to a shareholding restructuring transaction with Trafigura Pte Ltd and Cochan Holdings; the result of which will be that Cochan is no longer a significant shareholder, with Cochan’s shareholding reduced to less than 5%. This is in line with Puma Energy’s…
Location Sciences announce global master service agreement, partnership with Horizon Media
LONDON: Location Sciences, the location data verification company, has entered into a global master service agreement with one of the largest global advertising holding companies. This follows the recent signing by the Company of a framework agreement with Horizon Media Inc., the world’s largest independent media agency, which represents another significant step towards increased market…
BBC Studios and Escape Hunt launch new Doctor Who game
LONDON: Escape Hunt plc, a leading operator of escape rooms in the fast-growing experiential leisure sector, has announced the launch of a brand-new escape room experience with BBC Studios. A Dalek Awakens will be the second Doctor Who game to be launched, adding to the growing portfolio of proprietary games developed by Escape hunt and…
Xeros Technology agrees to sell US business
LONDON: Xeros Technology Group, the developer and provider of water saving and filtration technologies with multiple commercial applications, has agreed to sell its four US Marken specialist cleaning sites. Subject to closing conditions, completion is expected to take place by the end of March. The sale of these sites completes the Company’s planned transition to…
Rakuten and Vodafone invest in AST & Science’s venture SpaceMobile
TOKYO: Rakuten and Vodafone have become the lead investors in a venture to extend mobile coverage to more people and devices across the planet, using the first mobile broadband network that will be broadcast from space. Branded SpaceMobile, the low-Earth-orbit (LEO), low-latency satellite network from AST & Science will be the first in the world…