A new dimension measurement device has been installed at the heavy bar mill in Imatra, enhancing production efficiency, further improving steel quality, and reducing physical workload. The new measuring device is part of a major investment in modernizing the heavy bar mill. The device was supplied by the German company …
Scandinavian ChemoTech is pleased to announce that our Animal Care operations would already be showing a positive cash flow if we reported our business areas separately. This underscores the importance of the structural and strategic changes we are implementing in 2025. After thorough analysis and reallocating costs from Human to …
San Jose, Calif., United States: Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced MotorXpert™ v3.0, a software suite for configuration, control and sensing of BLDC inverters that utilize the company’s BridgeSwitch™ motor-driver ICs. The latest release of the software incorporates Power Integrations’ shuntless …
The diagnostics company Gradientech today announces to have started its third FDA 510(k) clinical study site in the US for the QuickMIC® system for ultra-rapid antibiotic susceptibility testing (AST). Following successful pre-clinical evaluation studies of the QuickMIC system in the US, a breakthrough device designation by the FDA and the …
Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc's cutting-edge nPOS platform to enhance and scale DCB Bank's digital lending capabilities further cementing a more than a decade old relationship between …
Hamilton, Bermuda, January 24, 2025 – Paratus Energy Services Ltd. (ticker “PLSV”) (“Paratus” or the “Company”) announces that its wholly owned subsidiary Fontis Holdings Ltd. (together with its subsidiaries, “Fontis”) has entered into an agreement with a leading international bank that will facilitate payment to Fontis of approximately $209 million1 of outstanding …
Houston, United States: Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing plant in operation at the Tengiz oil field, …
Itasca, Ill., United States: AIT Worldwide Logistics, a global supply chain solutions leader, has named Ray Fennelly to the position of chief development officer (CDO) and Ann Nemphos to chief information officer (CIO). This executive management reorganization improves the alignment of the company’s top leadership with its five-year growth strategy. …
Arlington, Va., United States: Venture Global, Inc. (“Venture Global”) announced today the pricing of its initial public offering of 70,000,000 shares of its Class A common stock, par value $0.01 (“Class A common stock”) at a public offering price of $25.00 per share. In connection with the offering, Venture Global has …
Luxembourg: SES S.A. announces it has repurchased in the open market an aggregate amount of €99,978,000 principal amount of its €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities issued on 27 May 2021. In accordance with the terms and conditions of the Securities, the purchased Securities will be cancelled. Following …
