(BUSINESS WIRE) -- Daigas Gas and Power Solution Co., Ltd. (“DGPS”), a 100% subsidiary of Osaka Gas Co., Ltd. (TOKYO: 9532), has established an expanded business collaboration for onsite hydrogen generator technology with Hyundai Rotem Company (“HRC”), an affiliate of Hyundai Motor Group, allowing HRC to sell the generators outside South Korea.

Daigas Group (formerly Osaka Gas Group) launched the first model of “HYSERVE” (*1), onsite hydrogen generator, in 2003 by adopting its accumulated knowledge on catalyst. DGPS introduced a new model “HYSERVE-300” with hourly hydrogen production capacity of 300 Nm3 in 2013. DGPS, as manufacturer of HYSERVE-300, has sold the units mainly to hydrogen fueling stations.

Then in 2019, DGPS granted HRC to manufacture and sell “Hy-Green”, hydrogen generator utilizing the technology of HYSERVE-300, enabling HRC to meet the increasing demand for hydrogen fueling stations i ... Read more »

MILTON PARK, England - Thursday, 04. August 2022

(BUSINESS WIRE) -- Further to the announcement of its strategic partnership with and investment from SKC on 26 January 2022, Nexeon, a leading battery materials developer and manufacturer has completed the second close of its fundraise resulting in a total investment of US$170m. Additionally, a further US$50m of commercial investments is being made in Nexeon’s technologies as a consequence of the investment round.

The capital raised will provide Nexeon with further resources to accelerate the expansion of its own manufacturing capabilities to mass produce tens of thousands of metric tonnes annually of its silicon-based anode materials for use in rechargeable Lithium-ion batteries.

Nexeon is already supplying a number of Tier 1 global battery manufacturers and OEMs. It is also actively engaged with emerging regional players as the electric vehicle market develops new supply chains for their products.

RIYADH, Saudi Arabia - Wednesday, 27. July 2022 

(BUSINESS WIRE) --Urban Company, Asia’s largest tech-enabled home services marketplace, has entered into a partnership with Baheya, the largest salon chain in Riyadh. With this, Urban Company aims to be a household name for beauty services at home by enabling its partner salons and beauty professionals to deliver services like never before.

With quality services that are assured from Urban Company and years of experience in the Kingdom of Saudi Arabia from Baheya, the home services sector is poised to expand. Aside from the currently offered salon and spa services, Urban Company is also extending its range of services to include hair, lash, and nail extensions.

Baheya, the only salon chain in Riyadh that provides services 24x7, has 250 beauticians offering top services and quality products for over 16 years in Saudi Arabia. Since the two businesses partnered in 2021, Baheya has given Urban Com ... Read more »

London, United Kingdom, - Thursday, 04. August 2022

Strong Injectables and Branded growth helps to offset challenging environment in Generics

Hikma Pharmaceuticals PLC (‘Hikma’ or ‘Group’), the multinational pharmaceutical company, today reports its interim results for the six months ended 30 June 2022.

During the first half of 2022, core group revenue was flat at $1.213 billion (compared to H1 2021: $1.216 billion) as the strong performance from our Injectables and Branded businesses offset the impact of weaker pricing in Generics. Core operating profit was down 4% to $296 million reflecting lower profit in Generics. Good cashflow from operating activities of $169 million was maintained, in addition to maintaining healthy inventory to ensure continuity of supply.

Said Darwazah, Executive Chairman and Chief Executive Officer of Hikma, said: 

“Hikma’s resilient first half performance is a ... Read more »

HONG KONG - Thursday, 04. August 2022

(BUSINESS WIRE) -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) announces that Irene Yun-Lien Lee, Chairman of Hysan Development Company Limited, and Albert Kong Ping Ng, former Chairman of Ernst & Young China, were appointed as independent directors to the Company’s board, effective August 4, 2022. The new appointments demonstrate the Company’s commitment to corporate governance excellence and diversity at the board level.

Following these appointments, the Company’s board currently consists of twelve directors, including seven independent directors. The number of female board members increases to three.

“I am delighted to welcome Ms. Lee and Mr. Ng to the Alibaba board. The new independent board member appointments are part of Alibaba’s ongoing enhancement of our corporate governance. Irene and Albert are both respected leaders with invaluab ... Read more »

CAMBRIDGE, England - Thursday, 04. August 2022 AETOSWire 

(BUSINESS WIRE)--Congenica, a UK-based digital health company that enables the rapid analysis and interpretation of genomic data, has selected the GenomOncology Precision Oncology Platform for the development of a novel ground-breaking CE-IVD Precision Oncology Solution.

Driven by the increasing adoption of cancer genomics and the growing need to individualize therapeutic recommendations, Congenica is developing a fully automated data analysis application, aimed at transforming the usability and scalability of genomic data for routine oncology clinical practice.

To further enrich decision support capabilities for this novel precision oncology solution, Congenica is collaborating with GenomOncology to provide regional therapy recommendations.

GenomOncology’s Precision Oncology Platform is designed to harmonize the latest precision oncology information, which includes an extensi ... Read more »

Quarterly revenue of $101.2 million, up 10.5% year over year
Gross margin of 63.1%, up from 62.2% year over year
Quarterly Billings of $101.6 million, down 5.3% year over year
2,905 Active Clients at June 30, 2022, up 9.8% year over year

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the second quarter ended June 30, 2022.

“For the second quarter, we had many positive financial and operational achievements, including strong subscription renewals and extensions, increased cross-sales of our expanded solution portfolio to existing clients and we maintained our excellent, industry-leading client satisfaction rating of more than 4.9 out of 5.0 for cases and onboarding,” stated Seth A. Ravin, Rimini Street co-founder, CEO and chairman of the ... Read more »

Cold Storage Nelson adds to Lineage’s services as New Zealand’s market leader in cold storage services, catering to producers of marine, agricultural, horticultural and manufactured food products, predominantly for export markets

The strategic purchase further strengthens Lineage’s presence in Asia-Pacific, offering customers an expanded New Zealand network and linking them to a global network providing a platform for further growth in the region

(BUSINESS WIRE) -- Lineage Logistics, LLC. (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (“CSN”). Financial terms of the transaction were not disclosed.

“CSN has industry-leading skills in inventory control, compliance and traceability,” Mr. Jeff Riv ... Read more »