In a monumental shift towards sustainable steel production, Tata Steel has inked an agreement with Italian engineering giant Tenova to install an electric arc furnace (EAF) at its Port Talbot plant in Wales. This major investment, valued at GBP 1.25 billion, is a collaborative effort between Tata Steel and the UK government aimed at cutting […]
In a strategic move to fortify the United Kingdom’s energy independence and economic prosperity, the government has identified Wylfa in Anglesey as the prime location for the nation’s third mega-nuclear power station. This decision marks a significant step in the UK’s plan to meet up to a quarter of its projected electricity needs with homegrown […]
Haydale (AIM: HAYD), a global technology solutions company, has announced a significant milestone in receiving the SMART Flexible Innovation Support Grant (SMART FIS) from the Welsh Government. This grant, aimed at accelerating the development of graphene-infused heat transfer fluids, represents a major step forward in scientific innovation within a commercial setting. Collaboration Between Haydale and […]
Tata Consultancy Services (TCS) announced its selection by the UK Department for Education (DfE) to administer and improve customer experiences for the Teachers’ Pension Scheme in England and Wales. With over two million members, the Teachers’ Pension Scheme stands as the second largest public sector pension scheme in the UK. Tata Consultancy Services has secured […]
Technip Energies has bagged a contract for the front end engineering design (FEED) phase from LanzaTech UK for the DRAGON Sustainable Aviation Fuel (SAF) project (DRAGON SAF project) in the UK. The project, which is based on LanzaJet Alcohol to Jet (ATJ) technology, is said to become one of the first commercially sustainable aviation fuel […]
Quinbrook Infrastructure Partners, a specialist investment manager, has broken ground on four new synchronous condensers in Scotland, under phase two of National Grid ESO’s Pathfinder program. Collectively called the Scottish Portfolio, the projects are expected to help drive the United Kingdom’s energy transition toward net zero emissions of greenhouse gases. The synchronous condenser projects are […]
UK-based NewRiver REIT plc said that it has wrapped up the previously announced £222.3 million sale of Hawthorn Leisure REIT to AT Brady Bidco Limited (Admiral Taverns). Hawthorn Leisure REIT is the holding company of the entire community pub business, that was previously owned by NewRiver REIT. On the other hand, its new owner — […]
ExxonMobil Chemical Company has agreed to sell its global Santoprene TPV elastomers business to Celanese Corporation, a Texas-based chemicals and specialty materials company, for $1.15 billion. The Santoprene business produces TPV, which caters to a range of end-uses that include automotive, appliance, medical, construction, and industrial. A chemically cross-linked, high-performance material, TPV makes use of […]
Sterling Pharma Solutions has acquired ADC Biotechnology (ADC Bio), a bioconjugation development services business based in the UK, which specializes in antibody drug conjugates (ADCs). The UK-based contract development and manufacturing organization (CDMO) had announced in December 2020 that it will make a strategic investment in ADC Bio with an eye on acquiring the latter […]
Capita has bagged a five-year contract worth £788k from North Wales Fire and Rescue Service (NWFRS) to support its transition to the latest emergency services network (ESN) with its DS3000 integrated communication control system. According to the UK-based business process outsourcing company, the DS3000 software solution will help North Wales Fire and Rescue Service in […]