Category «News»

Statement regarding the Italian Crescita law decree and its potential implications for ArcelorMittal Italia

ArcelorMittal confirms that its Italian subsidiary (ArcelorMittal Italia “AMI”) has highlighted to the Italian government its concerns about the current text of the Crescita law decree. If ratified as currently drafted, the provision concerning the Taranto plant would impair any operator’s ability to operate the plant while implementing the environmental plan approved by the Italian Government in September 2017, …

Modernization of world nuclear forces continues despite overall decrease in number of warheads: New SIPRI Yearbook out now

(Stockholm, 17 June 2019) The Stockholm International Peace Research Institute (SIPRI) today launches the findings of SIPRI Yearbook 2019, which assesses the current state of armaments, disarmament and international security. The modernization of nuclear forces continues SIPRI Governing Board Chair Ambassador Jan Eliasson, former Deputy Secretary-General of the United Nations, says: ‘A key finding is …

Godrej supports Orion Racing, India’s first Formula Student squad, in designing and building a fully electric formula racer car

Mumbai, 14th June 2019: Orion Racing India, the country’s first Formula Student team, unveiled its electric-powered racer in Mumbai. ‘Artemis’, the electric racer car having an acceleration of 0 to 100 kmph in 4 seconds, was designed and built with support from Godrej & Boyce whose three businesses partnered with the Student team to make …

ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues

Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe. As a result, ArcelorMittal will: Reduce …

Hundreds of Counterfeit Crocs Products Seized, Two Arrested, During Raids in West Bengal, India

May 24, 2019– Crocs, Inc. (Nasdaq: CROX), a world leader in innovative casual footwear for women, men and children, today announced that recent raids in West Bengal, India, resulted in the seizure of hundreds of pairs of counterfeit Crocs products, including bags and footwear, as well as two arrests. The raids are part of Crocs’ …

UNOOSA and ESA join forces to address the space debris challenge

VIENNA, 24 May (UN Information Service) — UN Office for Outer Space Affairs (UNOOSA) and the European Space Agency (ESA) signed a joint statement on their wish to cooperate on the challenge of space debris. The two organisations agreed to work together to increase global understanding and the consolidation of knowledge on space debris; to …

ISSF announces winners of Safety and Sustainability Awards

Chicago, 23 May 2019 – The International Stainless Steel Forum (ISSF) has announced the winners of the Gold, Silver and Bronze Awards in the categories Sustainability and Safety during their 23rd conference (ISSF-23) which was held in Chicago. Safety Awards The ISSF introduced a Safety Award Programme which invited members to submit good ideas from …

ISSF announces winners of New Applications Awards

Chicago, 23 May 2019 – The International Stainless Steel Forum (ISSF) has announced the winners of the Gold, Silver and Bronze Awards in the categories New Technology and New Development during their 23rd conference (ISSF-23) which was held Chicago. To encourage our members to increase their work on market development, and to provide inspiration for …

World Economic Forum appoints new member to Board of Trustees

Geneva, Switzerland, 21 May 2019 – The World Economic Forum announced today that Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies, Singapore, will join its Board of Trustees. Tharman’s lifelong career in public service, in which he has occupied senior positions in government, provides the World Economic Forum with valuable insight and experience …

PSA, PFR AND IFM INVESTORS JOINTLY ACQUIRE THE DEEPWATER CONTAINER TERMINAL GDAŃSK (DCT GDAŃSK)

On 21 May 2019, following formal approval by the relevant competition authorities, PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF), advised by IFM Investors, have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland. DCT Gdańsk is one of the fastest …