Thursday 24 June 2021

Mubadala buys key stake in Russian energy group EN+

Mubadala Investment Company, an Abu Dhabi-based sovereign investor, has announced the acquisition of a 2.6 per cent stake in Anglo-Russian green energy and metals company EN+.    With this buy, Mubadala’s total share ownership in EN+ now stands at 2.8


Allison Transmission unveils xFE models for medium-duty trucks

Allison Transmission, one of the world’s largest manufacturers of fully automatic transmissions for commercial vehicles, has introduced two new versions of its xFE models for use in medium-duty trucks across the Europe, Middle East and Africa (EMEA) region.   


Siemens Energy to electrify first-of-its-kind biorefinery in Germany

The Finnish company UPM-Kymmene has selected Siemens Energy to supply electrification, automation, and digitalization (EAD) packages for a next-generation biorefinery currently under construction in Leuna, Germany.   The biorefinery will be the first industrial-


IMRF marks International Women in Engineering Day

To mark International Women in Engineering Day the International Maritime Rescue Federation (IMRF) has launched a range of resources to inspire the next generation of women to get involved in maritime search and rescue (SAR).    The resources are aimed both


FedEx Express partners with Amity University Dubai

FedEx Express, a subsidiary of FedEx Corp and a top transportation company, has collaborated with Amity University in Dubai, UAE, to help frontline team members develop new skills and broaden their expertise. Hassan Bouadar, vice president Human Resources for FedEx Express Middle


DHL extends sustainable marine fuel option to FCL shipments

Leading international provider of air, ocean and road freight services, DHL Global Forwarding (DHL) has introduced another Sustainable Marine Fuel (SMF) service for ocean freight as part of its sustainability strategy.   After the successful launch of a similar


Brambles becomes a carbon neutral operations company

Brambles, the global supply chain solutions company, has announced the successful completion of its five-year sustainability programme and the launch of an even more ambitious one, aimed at pioneering regenerative supply chains.    This new programme includ


Wärtsilä receives further orders for its LNG cargo handling system

The technology group Wärtsilä has received two more orders for its complete LNG cargo handling and fuel system.    The contract has been awarded by Hyundai Mipo Dockyard, the yard building two LNG bunkering vessels for which the Wärtsilä


Engie, SWPC reach commercial close on Jubail 3B IWP

Saudi Water Partnership Company (SWPC) has teamed up with a consortium led by French energy giant Engie for the commercial close of Jubail 3B Independent Water Project. The plant, being set up on a build, own, operate (BOO) model, will begin operations in 2024.  


Investcorp invests in top China supply chain firm

Bahrain-based Investcorp, a leader in alternative investment, has signed agreements to invest in China’s Linkedcare, a top Software-as-a-Service (SaaS) and supply chain management provider for the dental and medical aesthetics industry. This latest Series D round of funding

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