Latest press releases

Ørsted signs new EUR 2 billion sustainability-linked revolving credit facility

Ørsted

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Ørsted has today signed a EUR 2.0 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility is for general corporate purposes and replaces Ørsted’s existing, undrawn EUR 1.4 billion syndicated revolving credit facility entered into in December 2015.

Yara Growth Ventures invests in one of Latin America's top venture capital firms

Yara International ASA

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<p><strong>Yara Growth Ventures invests in one of Latin America's top venture capital firms</strong></p> (photo: valentinrussanov)

Yara Growth Ventures have invested in SP Venture's new AgVentures Fund II focused on investing in leading agri-food tech startups across Latin America. Joining Yara Growth Ventures in the fund include IFC, IADB, BASF, Syngenta, Capria, and Adisseo.

Wärtsilä and Eidesvik Offshore to cooperate in world’s first ammonia conversion project

Wärtsilä

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<p><em>The Wärtsilä and Eidesvik personnel leading the ammonia conversion project.<em> Jan Lodden; Eidesvik Offshore ASA, Hans-Petter Nesse, Wärtsilä Norway, Gitte Gard Talmo,Eidesvik Offshore ASA and Cato Esperø, Wärtsilä Norway.</em></em></p>

The technology group Wärtsilä and Norwegian ship owner Eidesvik Offshore ASA have signed a landmark cooperation agreement aimed at converting an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with required fuel supply and safety system. This project will be the first of its kind ever in the world and has a provisional completion target by the end of 2023.

Vaisala’s road weather service selected by TomTom to improve driver safety

Vaisala Oyj

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<p><strong>Vaisala’s road weather service selected by TomTom to improve driver safety</strong></p>

Vaisala ’s  road weather service selected by TomTom to improve driver safety TomTom integrates Vaisala’s environmental data capabilities into its Hazard Warnings service to deliver time-critical alerts for road weather hazards.

Successful start up for the fiberline upgrade at Obbola mill in Sweden

Valmet Oyj

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<p>Obbola mill</p>

The SCA Obbola pulp mill’s upgraded fiberline, was started up in September 2021, according to plan. Valmet’s delivery is part of SCA’s investment project to increase the annual production of Kraftliner in the Obbola mill from the current 450,000 tonnes to 725,000 tonnes per year. With this investment, SCA Obbola will meet the increased demand for sustainable packaging.

LARGE ORDERS RECEIVED BY HIAB USA, INCREASE IN TRUCK MOUNTED FORKLIFT MANUFACTURING CAPACITY

CARGOTEC CORPORATION HEAD OFFICE

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<p>HIAB XS 077(gas)</p> (photo: Christopher Bailey)

CARGOTEC CORPORATION, PRESS RELEASE, 4 OCTOBER 2021 AT 10:00 AM EEST Hiab, part of Cargotec, has received three large orders for a combined value of EUR 12.9 million for MOFFETT truck mounted forklifts and HIAB loader cranes in the US. The orders will be booked in Cargotec’s Q3 2021 order intake.

MACGREGOR RECEIVES EUR 31 MILLION RORO ORDERS FROM ASIA

CARGOTEC CORPORATION HEAD OFFICE

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<p>RoRo orders from Asia</p>

CARGOTEC CORPORATION, PRESS RELEASE, 4 OCT AT 9 AM EEST MacGregor, part of Cargotec, has secured RoRo equipment orders for 8 vessels to be built in Asia. The orders are booked into Cargotec's second (EUR 9 million) and third quarter (EUR 22 million) 2021 order intake with deliveries planned to commence during the second quarter of 2022 and completed during the third quarter of 2023. 

Smart and digital – Metso Outotec launches Index online tool for metal recycling machines

Metso Outotec Corporation

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<p><em><strong>online tool for digital monitoring and analysis of metal recycling machines 1</strong></em></p>

Metso Outotec Corporation’s press release on October 4, 2021, at 10:00 am EEST Collecting data, sifting through data and evaluating data – online tool for digital monitoring and analysis of metal recycling machines.

Metso Outotec invests in Lappeenranta filtration technology center and opens efficient laser welding unit

Metso Outotec Corporation

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<p>Metso Outotec Lappeenranta Filtration Technology Center</p>

Metso Outotec Corporation press release, September 29, 2021 at 9:00 am local time Metso Outotec is opening a new laser welding unit, customized for demanding production conditions, at its filtration technology center in Lappeenranta, Finland. The new laser welding unit will add to the center’s manufacturing capacity and enable the production of higher-quality welded structures in a safer, and more environmentally friendly manner. The value of the investment is approximately one million euros.

Vaisala helps improve meteorological observations and mitigate impacts of flooding in Poland

Vaisala Oyj

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<p>Flood Poland</p>

Vaisala  help s  improve meteorological observations  and mitigate impacts of flooding  in Poland Vaisala   will help  the Polish Institute of Meteorology and Water Management – National Research Institute  to build up local capabilities to tackle effects of extreme weather due to climate change. Outstanding environmental observations, forecasting, and early warning systems help safeguard both lives and property.  This will be even more important in the future as  extreme weather events ,  such as  the floods  seen across  Europe this summer ,   are forecast to  become more frequent.