Ineos Olefins Belgium has secured €3.5 billion investment for its Project ONE, which includes the construction and operation of a new green cracker in Belgium. The new cracker, with a carbon capture facility and future electric furnaces, will produce ethylene and is run on low carbon hydrogen. Situated in Antwerp, the facility will have the […]
Wipro said that it has been roped in by Mazda Motor Logistics Europe, a part of Japanese auto manufacturer Mazda, for providing next generation managed services for the latter’s complete application landscape. The deal won by Wipro is for five years and is worth in multi-millions. Presently, Mazda Motor Logistics Europe is said to be […]
Einride, a Swedish freight mobility technology company, has launched in Belgium, the Netherlands, and Luxembourg (together, Benelux) in partnership with brewing giant Anheuser-Busch InBev (AB InBev) to drive the electric transport transformation in the region. The partnership between Einride and AB InBev is anticipated to cut down CO2 emissions by 500 tonnes per year by […]
Duravant, an engineered equipment and automation solutions major, has acquired Marelec Food Technologies to expand its food processing solutions portfolio. The financial terms of the transaction were not disclosed. Marelec is headquartered in Nieuwpoort, Belgium, and manufactures food processing solutions for portioning, weighing, and grading in poultry, meat, seafood, and marine industries. Leveraging portioning software […]
Novadip Biosciences, a Belgium-based biopharmaceutical company, has raised an additional €40 million in a Series B equity round and non-dilutive funding. The proceeds will be used for accelerating the clinical development of two of its investigational adipose stem cell (ASC)-derived tissue regeneration products — NVD-X3 and NVD-003. With €24 million in new equity and €16 […]
Volvo Group has announced plans to build a battery module manufacturing facility at its Ghent truck plant in Belgium, aiming to start production by 2025. Currently, the automobile giant procures both cells and modules from its suppliers. The new battery module facility at Ghent will use battery cells from partners as well as from the […]
Infosys has partnered with Belgium postal operator Belgium Post (Bpost) to secure its cloud environment and enable it to build cyber resilience for its mail delivery and logistics services. In partnership with global cybersecurity firm Palo Alto Networks, the Indian software major is said to have equipped Bpost with solutions to assess and quickly respond […]
Amazon acquisition of Cloostermans : Online retailing giant Amazon is acquiring Belgium-based mechatronics company Cloostermans to expand the deployment of robotics for warehouse automation. The financial terms of the deal were not revealed. The acquisition is expected to help the retailer in stepping up the usage of customized technology to innovate the workplace and make […]
Voith has signed a deal to acquire Czech Republic-based IGW Rail, which specializes in manufacturing gear units for rail vehicles. The financial terms of the deal were not disclosed. IGW Rail is currently part of the BMT Group, which is based in Belgium. Through the acquisition, Voith hopes to become one of the largest independent […]
Barry Callebaut said that its chocolate factory in Wieze, Belgium has been impacted by contamination with salmonella, however, the confectionery giant confirmed that the concerned production lot did not enter the retail food chain. Since 25 June, all the chocolate products manufactured at the Wieze factory were put on hold, said the company. Barry Callebaut […]