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Month: July 2024

SFL – Newbuild order of five LNG dual-fuel 16,800 TEU container vessels in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that it has agreed to build five 16,800 TEU container vessels with scheduled delivery in 2028 at an aggregate construction cost of approximately $1 billion. The vessels will have LNG dual-fuel propulsion and the latest features in fuel efficiency and cargo intake optimization. Concurrently, SFL has agreed minimum 10-year time charters to a leading liner company from delivery, adding approximately $1.2 billion to our charter backlog. There will be an option to extend the charters for another two years, and purchase options at the end of year 10 and 12, including a profit share feature. Ole B. Hjertaker, CEO of SFL Management AS, said in a comment: «This marks another accretive milestone investment for SFL and will add five large container vessels to our fleet. With...

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Nano Dimension Announces Q2/2024 Preliminary Results

Revenue of Approximately $14.8 Million – Up 11% From the Previous Quarter Signals Strong Sales In spite of Industry Headwinds Waltham, Mass., July 03, 2024 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced a preview of its financial results on a preliminary basis for the second quarter ended June 30th, 2024. Nano Dimension reported unaudited consolidated revenues of approximately $14.8 million for Q2/2024, up 11% from the previous quarter, demonstrating strong sales in a market environment where most are seeing declines. The Company also highlighted continued improved performance based on the Reshaping Nano...

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Olon Group Announces the Acquisition of GTP Bioways Group

MILAN, July 03, 2024 (GLOBE NEWSWIRE) — GTP Bioways Group is a French company operating as Biotech CDMO (Contract Developing and Manufacturing Organisation), specialising in R&D Services, process development and production of mAbs, enzymes, proteins, nanodrugs, ADCs and F&F. GTP Bioways Group, with multiple locations across France, specializes in delivering comprehensive services to biopharmaceutical companies. From preclinical development to commercial stages, the group focuses on utilizing cutting-edge technologies to advance innovative therapies. GTP Bioways Group’s services are seamlessly integrated with those of the Olon Biotech division. This integration enables Olon Biotech to expand and diversify its technological offerings, supporting every stage of the lifecycle, from R&D and preclinical phases to...

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AMG’s subsidiary Graphit Kropfmühl and BASF Sign Innovative Agreement to Reduce Product Carbon Footprint

Amsterdam, 3 July 2024 — AMG Critical Materials N.V.’s (“AMG”, EURONEXT AMSTERDAM: “AMG”) subsidiary Graphit Kropfmühl and BASF have entered into an innovative agreement to reduce their product carbon footprint. Under this agreement, BASF will supply renewable energy certificates (so called “Guarantees of Origin”) to Graphit Kropfmühl’s production site in Hauzenberg, Germany. BASF supports Graphit Kropfmühl, a subsidiary of AMG Critical Materials N.V., with innovative renewable electricity concept:BASF to supply renewable energy certificates to its supplier and partner Graphit Kropfmühl Graphit Kropfmühl to reduce the product carbon footprint (PCF) of graphite produced in Hauzenberg, Germany, by at least 25 percent BASF to use the reduced PCF graphite as raw material for Neopor® with a reduced product carbon...

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Cargotec updates its reporting structure due to the demerger, effective from 30 June 2024

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 3 JULY 2024 AT 10:00 A.M. (EEST) Cargotec updates its reporting structure due to the demerger, effective from 30 June 2024 As previously announced, the completion of the partial demerger of Cargotec Corporation (“Cargotec”) (the “Demerger”) and the incorporation of a new Kalmar Corporation was registered in the Finnish Trade Register on 30 June 2024. As a result of the Demerger, Cargotec has updated its segment reporting and from 30 June 2024 onwards Cargotec has two reporting segments, Hiab and MacGregor. The Kalmar segment has been removed. The new reporting structure will be used in Cargotec’s half-year financial report January–June 2024. To provide a basis for comparison, Cargotec publishes its reclassified financial information of reportable segments and Corporate administration and support...

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Futu Announces Its Wealth Management Business Surpassing $10 billion in AUM

HONG KONG, July 03, 2024 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its wealth management business has surpassed $10 billion in assets under management (“AUM”). Futu’s wealth management platform offers mutual funds, private funds, bonds and structured notes to clients in Hong Kong and Singapore. In addition, Futu’s fully-owned subsidiary, Moomoo Securities Malaysia Sdn. Bhd., has recently received approval for Institutional UTS Adviser (“IUTA”) registration from Federation of Investment Managers Malaysia (“FIMM”) to distribute wealth management products in Malaysia. About Futu Holdings Limited Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience...

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Signify and Mercedes-AMG PETRONAS Formula 1 Team launch new partnership to drive responsible innovation on and off the track

Press Release July 3, 2024 Signify and Mercedes-AMG PETRONAS Formula 1 Team launch new partnership to drive responsible innovation on and off the trackPartnership will support Mercedes-AMG PETRONAS Formula 1 Team’s performance and vision to become one of the world’s most sustainable professional sports teams. Signify innovations will enhance well-being and performance of drivers, and engineers. Signify lighting creates the perfect viewing experience for fans trackside and at home.Eindhoven, Netherlands: Signify (Euronext: LIGHT), the world leader in lighting, today announces a new partnership with the Mercedes-AMG PETRONAS F1 Team. Connected by their shared passion for technological innovation and sustainability the partnership will drive forward the team’s vision of becoming one of the world’s most sustainable professional sports...

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Kalmar publishes comparative information for reporting segments and the Group’s key figures from year 2022 onwards

KALMAR CORPORATION, STOCK EXCHANGE RELEASE, 3 JULY 2024 AT 10:00 AM EEST Kalmar publishes comparative information for reporting segments and the Group’s key figures from year 2022 onwards Kalmar publishes comparative information for reporting segments and the Group’s key figures from year 2022 onwards. In the carve-out financial statements which were published as part of the 22 May 2024 dated demerger and listing prospectus, Kalmar was reported as one segment. As presented in the demerger and listing prospectus, Kalmar’s reporting business segments are Equipment and Services as from 1 July 2024. Kalmar offers a wide range of heavy material handling equipment and services to ports and terminals, distribution centres, manufacturing industries and to heavy logistics. Kalmar publishes comparison figures for reporting segments and certain other...

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Advantest to Showcase Latest Test Technology at SEMICON West 2024, July 9-11, in San Francisco

Company to Exhibit on Show Floor and Present Multiple Papers at Test Vision Symposium TOKYO, July 03, 2024 (GLOBE NEWSWIRE) — Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) will showcase its latest IC test solutions at SEMICON West 2024 on July 9-11 at the Moscone Center in San Francisco. Advantest will highlight its broad portfolio of leading-edge test technology for applications, including AI and high-performance computing (HPC), 5G, automotive and advanced memory. In addition, as one of the founding members of SEMI’s Semiconductor Climate Consortium (SCC), the company plans to promote its ESG initiatives at this year’s SEMICON West. Product DisplaysAdvantest will be located at booth #1039 in the South Hall. This year’s display will feature key test solutions that enable innovation and leading-edge...

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WENDEL: Laure Delabeye appointed Director of Human Resources and Services at Wendel

 Laure Delabeye appointed Director of Human Resources and Services at Wendel Wendel announces the appointment of Laure Delabeye as Director of Human Resources and Services for the Wendel Group. In this role, she will be in charge of Human Resources, General Resources and IT services.   Biography of Laure Delabeye After graduating from EFAP (École des nouveaux métiers de la communication) and IGS (Institut de Gestion Sociale), Laure Delabeye, 54 years old, worked over 25 years as Human Resources Director in French and international environments, mainly in the Finance and Insurance sectors. Before joining Wendel, Laure spent 14 years as Human Resources Manager in AXA Group operating entities, supporting their transformation. Laure then joined the American bank JP Morgan as HR Director for France, before extending her responsibilities to...

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