World’s largest premium rum distillery launches new CHP system as another milestone towards the company’s ultimate Net Zero ambitions

(BUSINESS WIRE) -- Bacardi, the largest privately held international spirits company, today celebrates the opening of its new Combined Heat & Power (CHP) system in Puerto Rico which will cut greenhouse gas (GHG) emissions of the iconic BACARDÍ rum brand in half. Bacardi marked the opening with a ribbon-cutting ceremony at the world’s largest premium rum distillery located in Cataño, Puerto Rico.

The new CHP system replaces heavy fuel oil with propane gas which shifts the site to even cleaner energy. The system will generate 100% of the energy used at the campus including the distillery, offices and the Casa BACARDÍ visitor ... Read more »

“K BEAUTY ON DUBAI”, the first multi-brand Korean premium cosmetics store in the UAE, has opened its doors on the first floor of Burjuman Mall. The store promises to redefine beauty in the region with a curated selection of premium Korean cosmetics, backed by the support of the Korean Ministry of Health and Welfare and the Korea Health Industry Development Institute.

The opening ceremony was graced by esteemed guests, including Ryu Je Seung, Ambassador of the Republic of Korea to the United Arab Emirates; Moon Byung Jun, Consul General of the Republic of Korea to Dubai; Lee Young Ho, General Manager of Korea Health Industry Development Institute in Abu Dhabi; Yang Ki Mo, Regional President of KOTRA MENA Head Office Dubai in the UAE; Mohammad Al Kassim, Director of Investmen ... Read more »

(BUSINESS WIRE)--Takeda (TSE:4502/NYSE:TAK) today announced that, following discussions with the U.S. Food and Drug Administration (FDA), it will be working with the FDA towards a voluntary withdrawal of EXKIVITY® (mobocertinib) in the U.S. for adult patients with epidermal growth factor receptor (EGFR) Exon20 insertion mutation-positive (insertion+) locally advanced or metastatic non-small cell lung cancer (NSCLC) whose disease has progressed on or after platinum-based chemotherapy. Takeda intends to similarly initiate voluntary withdrawal globally where EXKIVITY is approved and is working with regulators in other countries where it is currently available on next steps.

This decision was based on the outcome of the Phase 3 EXCLAIM-2 confirmatory trial, which did not meet its primary endpoint and thus did not fulfill the confirmatory data requirements of the Accelerated Approval granted by the U.S. FDA nor the conditional marketing approvals granted in other countries. ... Read more »

OneSubsea’s leading technology portfolio will drive improved subsea asset performance while increasing energy efficiency and reducing CO2 emissions

(BUSINESS WIRE)--SLB (NYSE: SLB), Aker Solutions and Subsea7 announced today the final closing of their previously announced joint venture. The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time.

OneSubsea now comprises SLB’s and Aker Solutions’ subsea businesses, which include an extensive complementary subsea production and processing technology portfolio, world-class manufacturing scale and capacity, access to industry-leading reservoir and digital domain expertise, unique pore-to-process integration capabilities and streng ... Read more »

CLERMONT-FERRAND, France 
Polyester textiles account for 2/3 of the global PET market of around 100 million tons. Only 13% of textile waste is currently recycled, and only 1% is recycled "fiber-to-fiber"1,2
Carbios has developed an automated textile preparation line integrating all stages (shredding and extraction of hard points) to transform textile waste into raw material for enzymatic recycling
Carbios’ textile preparation line meets a critical challenge for textile industrialization and circularity
 

(BUSINESS WIRE)--Regulatory News:

Carbios, (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, today inaugurated its textile preparation line at its demonstration plant in Clermont-Ferrand, in the presence of Mr. Lescure, French Minister for Industry. To streamline the textile preparation phase, which is curre ... Read more »

NEW YORK - Tuesday, 03. October 2023 AETOSWire Print 

(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced that it has completed its acquisition of The Burgiss Group, LLC (“Burgiss”), a market-leading provider of data, analytics, and technology solutions for investors in private assets.

The acquisition was originally announced on August 14, 2023.

Henry Fernandez, Chairman and Chief Executive Officer, MSCI, said: “We are thrilled to complete this acquisition. By making Burgiss part of our integrated franchise, MSCI will dramatically expand and strengthen our solutions across client segments. In the process, we will help promote greater transparency for investors in private assets."

About MSCI Inc.

MSCI is a lead ... Read more »

Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round.

The round was led by HALA Ventures and Wa’ed Ventures, the Kingdom-focused venture capital fund wholly owned by Aramco, with participation from Sanabil500 and INSEAD's alumni angel network, along with other investors.

The new funding will fuel Intella’s expansion into the Saudi market and support the development of end-to-end AI models localized for the MENA region. This comes especially as they’ve made their strategic decision to relocate their headquarters, tapping into the kingdom’s growing tech and AI scene.

"Saudi Arabia is quickly becoming a hub for technological advances. This move fits perfectly with our plans for expansion," said Nour Taher, CEO and Co-founder of Intella.

As part of their ongoing efforts to refine their technology, Intella put their system through testing of over 30,000 hours of Ara ... Read more »

READING, United Kingdom - Tuesday, 03. October 2023 AETOSWire 

(BUSINESS WIRE)--Mavenir, the Network Software Provider building the future of networks with cloud-native solutions that run on any cloud, has been awarded two 5G Open RAN projects, which are world firsts, as part of the UK government’s Open Networks Ecosystem Competition, targeted at the adoption of open and interoperable network technology.

The projects have secured government funding through the Department for Science, Innovation & Technology (DSIT) and will focus on demonstrating innovative approaches to optimising Open RAN network performance in High Demand Density (HDD) environments. HDD sites – including cities, airports, sports stadiums, and major public events – present the most challenging conditions for the technical performance of mobile networks.

BG Kumar, President, Access Networks, Platforms and MDE at Mavenir, said, “We are excited to have been awar ... Read more »