HOUSTON -Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Ascend Performance Materials, the largest fully integrated producer of polyamide 66 resin, announced today it signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6, PBT and POM.

“This strategic acquisition marks an important transformation for our company as we grow our European manufacturing and distribution footprint. More importantly, it helps us provide our customers with a broader portfolio of high-performance, sustainable products to meet increasing demand,” said Phil McDivitt, Ascend’s president and CEO.

Poliblend was founded in 1999 and offers compounding and masterbatch services, including color and additive c ... Read more »

MIAMI-Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The Board of Directors of I Squared Capital announced today the appointment of Harsh Agrawal, Mohamed Adel El-Gazzar and Thomas Lefebvre as partners. Sadek Wahba, Chairman and Managing Partner of I Squared Capital, said, “I have worked with our new partners for over 14 years and I am proud to be part of this extraordinary group whose combined talent has contributed so much to the success of the firm.” Gautam Bhandari, Managing Partner of I Squared Capital, added that, “Our new partners have helped build I Squared Capital into a vibrant global platform with $13.6 billion of assets under management.” Adil Rahmathulla, Managing Partner of I Squared Capital also stated that, “The next stage offers exciting growth opportunities and I look forward to working with Harsh, Mo, and Thomas over the coming years to execute on our long-term strategy.” I Squared Capital will now have six g ... Read more »

New product to satisfy health and wellness-conscious consumer demands

DUBAI, United Arab Emirates-Thursday 13 February 2020 [ AETOS Wire ]

Del Monte in the Middle East and North Africa (“MENA”) will be taking part in the 25th edition of Gulfood, ‘Gulfood 2020’, the world’s largest annual food, beverage and hospitality exhibition, slated to take place from 16 - 20 February 2020 at the Dubai World Trade Center (DWTC) under the theme ‘Rethinking Food.’

“As 2020 ushers in another key year in Del Monte’s expansion, the company will leverage its participation in this prestigious F&B event to further introduce new product categories and services, notably the new pineapple range; HONEYGLOW™, made of high shell color pineapple with a sweet taste and aroma. HONEYGLOW™ Pineapples are SCS (Sustainably Grown certified) in our farms in Kenya and are in line with our constant commitment to grow, pr ... Read more »

Nikon’s new powerhouse DSLR sets new heights in imaging accuracy and communication speed

Dubai, United Arab Emirates, -Thursday 13 February 2020 [ AETOS Wire ]

Speed is key in the world of sports and photojournalism. The new Nikon D6, announced by Nikon Middle East FZE today, makes the mark in Nikon’s history with its most powerful autofocus to capture the decisive moments, and delivers them with fast and versatile communication options so those winning shots swiftly make it to the news-desk or social media with just a few taps.

Be it from an all-selectable 105-point autofocus (AF) employing cross sensors in high density sensor arrangement, to simultaneous recordings of JPEG images to both slots, and even to produce natural skin tones with utmost clarity, the flagship camera is ready to impress even the most gruelling demands of the industry. Low lights and challenging environments of harsh stadium lights will benefit from an ISO sensitivity of 10 ... Read more »

BARCELONA, Spain.-Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Since the first edition of Mobile World Congress in Barcelona in 2006, the GSMA has convened the industry, governments, ministers, policymakers, operators and industry leaders across the broader ecosystem.

With due regard to the safe and healthy environment in Barcelona and the host country today, the GSMA has cancelled MWC Barcelona 2020 because the global concern regarding the coronavirus outbreak, travel concern and other circumstances, make it impossible for the GSMA to hold the event.

The Host City Parties respect and understand this decision.

The GSMA and the Host City Parties will continue to be working in unison and supporting each other for MWC Barcelona 2021 and future editions.

Our sympathies at this time are with those affected in China, and all around the world.

Further updates from the GSMA, are on our website and can be found on www.mwcbarcelona ... Read more »

Edwards new nXRi high performance compact dry pump is the perfect vacuum solution across a spectrum of applications due to its compact size and low power, reliable performance and reduced costs.

BURGESS HILL, England-Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Edwards launch the new nXRi high performance compact dry pump, with lower input power and zero maintenance, bringing real performance improvements and cost benefits across a range of applications. Initial variants will provide pumping speeds of either 60 and 90 m3h-1 , four times more pumping speed than a similar sized dry pump.

Designed with size in mind, the compact footprint and height allow the Edwards nXRi dry pump to fit easily under a benchtop saving valuable space in the laboratory; and at under 30kg offers a highly mobile vacuum pump for changing work flows and environments. The pump is maintenance free for up to five years, with no tip-seal or oil change, for maximum upti ... Read more »

LONDON.-Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- European credit investment firm AlbaCore Capital Group (“AlbaCore”, “the Firm”), announced the successful close of its second fund, AlbaCore Partners II ICAV (“Fund II”), which has €1.5bn1 in total AUM. The Firm also recently announced plans for a debut CLO in 2020, which is currently in the warehousing phase. AlbaCore’s total AUM now stands at €3.6bn2 across its commingled and customised vehicles. The Firm’s investor base includes pension funds, sovereign wealth funds, endowments, insurance companies, consultants and family office investors, across Europe, North America, Middle East and Asia.

AlbaCore’s strategy focuses on bespoke private credit solutions for larger European companies, with the flexibility to opportunistically invest in secondary and primary markets when relative value is attractive. AlbaCore expects Fund II to be approx ... Read more »

• Royal Commission for AlUla reveals its framework and masterplans for sustainable, responsible, long-term development of the 22,000km square county that is set to attract 2 million visitors by 2035

• Launch at the UN World Urban Forum lays out plans and 12 guiding principles to guard, preserve and develop the globally significant region which is home to Saudi Arabia’s first World Heritage Site, which opens to the public in October 2020

 

Abu Dhabi, United Arab Emirates-Thursday 13 February 2020 [ AETOS Wire ]

A milestone in Saudi Arabia’s 2030 Vision to establish AlUla as the world’s largest living museum and a major heritage, cultural, arts and adventure tourism destination was reached this week as the AlUla framework plan was revealed at the 10th UN World Urban Forum.

Visitors experienced AlUla and its masterplans through a series of interactive displays designed to transport them to North-West Saudi Arabia, ... Read more »

Current investors Long Arc Capital and Bpifrance provide additional fuel for increased ambition

PARIS.-Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Tinubu Square, the market leader for enterprise software solutions to Credit and Surety Insurers, announces an additional investment of €15M by New York-based Long Arc Capital and the French investment bank Bpifrance.

Advancing Tinubu Square’s Strategic Goals

In 2018, Tinubu Square launched a 5-year strategic plan to expand its global footprint and propel innovation.

“The early results of our 5-year plan have already been extremely successful,” said Jérôme Pezé, CEO. “In just two years, we have more than doubled our annual recurring software revenue.”

“We have a clear vision of what we need to do to achieve our goals over the next three years,” added Olivier Placca, Deputy CEO. “Our teams, our shareholders and our par ... Read more »

LONDON -Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- ClubSwan.com, the leader in membership driven financial solutions, further expands its innovative alternative banking capabilities to key global markets. As traditional financial institutions continually struggle to provide innovative and meaningful ways to bring value to individual and corporate customers and as digital assets/crypto currencies are experiencing global growth, ClubSwan.com continues to evolve to meet the efficiencies and demands that these new assets and our customers require and to which traditional banks have no answer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200127005046/en/

Instead, closed bank accounts, rejected transactions, crippling delays with customers receiving their funds (if at all) are all the norm with traditional banks. To add to this dilemma, the availability of trustworthy solutions where cu ... Read more »

NEW YORK -Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Analytics, a global provider of financial intelligence, is a Category Leader in a new Chartis Research report evaluating leading vendors of credit risk solutions. Technology Solutions for Credit Risk 2.0: Vendor Landscape, 2019 features Chartis RiskTech Quadrants® for the banking book and the trading book, with Moody’s Analytics earning Category Leader distinction in both.

“We’re pleased to earn this recognition from Chartis for our credit risk capabilities,” said Jacob Grotta, Managing Director-Head of Risk & Finance Solutions. “We help our clients use data and analytics to gain a better understanding of their individual and portfolio risk exposures, so they can make better decisions for their business. We're also helping them tackle the new challenge of linking non-financial risk types like climate and cyber to their credit analysis framework ... Read more »

 At its ninth annual forum, JAC (Joint Audit Cooperation) rewarded Sagemcom for its commitment and action in the area of CSR.

 

PARIS -Thursday 13 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The first award went to the excellent audit results of Sagemcom's Tunisian industrial site: receiving a score of 96 out of a total 100, the results show Sagemcom’s commitment to ethics and the strength of its CSR commitments.

The second trophy rewards the work carried out by Sagemcom on Circular Economy and the Ecodesign of Products in partnership with its operator customers.

Sagemcom’s efforts in these areas were recognized by a panel of JAC member and institutional customers as leaders and distinguishing markers on the Information and Communications Technology (ICT) market, as a result of a profound understanding of the environmental issues relating to the development and life cycle of products designed and manufactured by Sa ... Read more »