I-Bytes Resources Industry

IT Shades
Engage & Enable
I-Bytes
Resources
December Edition 2019
Email us - solutions@itshades.com
Website : www.itshades.com

IT Shades
Engage & Enable
For any queries, Please write to marketing@itshades.com
About Us
Who We are Aim of this I-Byte Reasons to talk to us
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Resources Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
1. Publishing of your company’s solutions/
announcements in this document.
2. Subscribe to this and other periodic
publications i.e. I-Bytes, Solution Letters from
ITShades.com.
3. For placement of your company's click-able
logo and advertisements.
4. Feedback for us to improve the content and
format of these periodic publications.

IT Shades
Engage & Enable
Feel free to contact us at marketing@itshades.com for any queries
Sponsoring Companies for this Edition
LOGO 1 LOGO 2 LOGO 3
LOGO 4 LOGO 5

IT Shades
Engage & Enable
Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................16
3. Rewards and Recognition Updates..................................................................................................................19
4. Customer Success Updates................................................................................................................................28
5. Partnership Ecosystem Updates.......................................................................................................................29
6. Miscellaneous Updates......................................................................................................................................38
7. Event Updates.....................................................................................................................................................41

IT Shades
Engage & Enable
Financial, M & A
Updates Resources Industry

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
Financial, M&A Updates
IT Shades
Engage & Enable
ArcelorMittal (Luxembourg) invests in new sustainability programme
across Europe
ArcelorMittal announces plans to roll out a new sustainability programme across Europe,
aiming to secure ResponsibleSteel site certification for all its ArcelorMittal Europe - Flat
Products sites. The 12-month programme will enable each site to prove that our
production processes meet rigorously defined standards across a broad range of social,
environmental and governance criteria.The standard is based on 12 principles with a
variety of criteria and underlying requirements. To be awarded with ResponsibleSteel
certification, each site will undergo a rigorous third-party audit with an independent
Certification Committee making the final certification decision.In 2020,
ResponsibleSteel will launch a standard for the certification of steel products, which will
include stringent requirements for raw materials supply chain. ArcelorMittal will
continue to play an active role in developing this aspect of the programme.Steel is the
world’s most widely used material and those who use it in the transport, automotive,
infrastructure, packaging, construction, energy and white goods sectors have a growing
expectation that the materials they work with are responsibly sourced and produced.
ResponsibleSteel, which is the world’s first’s responsible sourcing certification scheme
for steel, aims to meet these expectations.
Executive Commentary
CEO ArcelorMittal Europe – Flat Products, says: “Responsible production
techniques and high ethical and business standards have become increasingly
important to our customers and consumers. It’s at the heart of how we do business,
giving our customers the reassurance that we meet their sustainability expectations
by meeting carbon, environmental and social standards at every stage of
productions.”
Description
1

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Barrick (Canada) reaches agreement to sell its share of Australian
Super-pit for $750M
Barrick Gold Corporation announced it has reached an
agreement to sell its 50 percent interest in Kalgoorlie
Consolidated Gold Mines ("KCGM") in Western Australia to
Saracen Mineral Holdings Limited (“Saracen”) for a total
consideration of $750 million in cash.The transaction is
expected to be completed in the fourth quarter of 2019 and is
subject to customary closing conditions. Saracen is an
ASX200 listed gold company with two gold operations in the
Kalgoorlie region of Western Australia.Credit Suisse
Securities (Canada), Inc. is acting as financial adviser to
Barrick. Davies Ward Phillips & Vineberg LLP and Herbert
Smith Freehills LLP are acting as legal counsel to Barrick.
"The sale of our non-operating interest in KCGM
represents the first step in our plan to realize in excess of
$1.5 billion from the disposal of non-core assets by the end
of next year. While this iconic gold mine has been a
valuable contributor to Barrick over the years, the asset
does not fit with our strategy of operating mines that we
own. The sale allows us to further focus our portfolio on
core operations," says Barrick president and chief
executive officer.
Description
2

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Barrick (Canada) Reaches Agreement To Sell 90% Interest In The Massawa
Project For Up To $430 Million
Barrick Gold Corporation announced that it and its Senegalese joint venture partner have reached agreement to sell their
aggregate 90% interest in the Massawa project in Senegal to Teranga Gold Corporation (“Teranga”) for total
consideration of up to $430 million. The consideration consists of an up-front payment of $380 million, comprised of
20,718,273 Teranga common shares with a value of $3.85 per share and an aggregate value of approximately $80
million (based on the same price per Teranga subscription receipt under the concurrent equity offering announced by
Teranga), and a cash payment of approximately $300 million, plus a contingent payment of up to $50 million which is
based upon the average gold price for the three year period immediately following closing (“three year average gold
price”). The contingent payment, which is payable three years following closing, is $25 million if the three year average
gold price is greater than $1,450 and less than $1,500 per ounce; $35 million if the three year average gold price is
greater than $1,500 and less than $1,600 per ounce; and $50 million if the three year average gold price exceeds $1,600
per ounce. Barrick will receive 92.5% of the total purchase price for its interest in the Massawa project, with the balance
to be received by Barrick’s local Senegalese partner for its minority interest. On a pro forma basis, Barrick will hold
19,164,403 Teranga common shares, representing approximately 11.45% of Teranga’s issued and outstanding common
shares on closing (calculated on a non-diluted basis). Barrick is providing $25 million of the $225 million syndicated
debt financing secured by Teranga in connection with the transaction. Under the terms of an investor agreement to be
entered into on closing of the transaction, Barrick will have the right to nominate one Teranga director for as long as it
retains at least a 10% equity interest in Teranga, and will also be entitled to customary anti-dilution and piggyback
registration rights. Barrick has also agreed to a 24-month standstill pursuant to which Barrick will not increase its share
position in Teranga for 18 months, and thereafter may increase its position by an additional 5% over the ensuing
six-month period. The standstill expires after 24 months.
Barrick president and chief executive said “The group had been pursuing the best means of bringing Massawa –
discovered by its legacy company Randgold Resources 10 years ago – to account for the full benefit of all
stakeholders. The agreement with Teranga, which will realise the full value of this asset and create a substantial
new West African gold mining company with significant African ownership, is the outcome of this process.It is
gratifying to continue the value-creating consolidation of assets in the gold mining sector which started a year ago
with the merger between Barrick and Randgold, followed shortly thereafter by the merger of the Nevada assets of
Barrick and Newmont Goldcorp. In the case of Massawa, Teranga has the appropriate infrastructure and processing
facilities approximately 25 kilometres away, and combining the orebodies and the geological prospectivity will add
further benefits. This is a good example of an instance where assets we own might be better suited in combination
with others,”.
Description
3

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Ferguson (Switzerland) acquires S.W. Anderson HVAC Supply
Ferguson Enterprises, the largest plumbing distributor and a major
distributor of HVAC equipment in the U.S., announces the acquisition
of S.W. Anderson HVAC Supply. Founded in 1955, S.W. Anderson
provides HVAC equipment and supplies to residential and commercial
contractors, retailers and commercial property owners. Headquartered
in Farmingdale, New York, the company employs approximately 150
associates across 10 locations, including a Distribution Center on
Long Island. Ferguson is committed to growing its business in the NY
metro market – one of the largest construction markets in the U.S. The
company recently acquired Wallwork Bros, Inc., and Blackman
Plumbing Supply, both well-established companies with
long-standing customer relationships in the New York Metro market.
Through these acquisitions, Ferguson can now offer an even wider
selection of equipment lines to meet customers’ needs.
“We have a strong history of acquiring great companies in the New
York metro market,” said Ferguson CEO. “We strive to be a true
partner to our customers, and the addition of S.W. Anderson allows
us to offer even more solutions for their projects.”
Description
4

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Ferguson (Switzerland) Ventures invests in Whisker Labs and
Ting technology
Ferguson Ventures, the Corporate Venture Capital (CVC) and strategic
partnering arm of Ferguson Enterprises, has invested in Whisker Labs, a
sensor and data technology company focused on protecting families and
homes through the development of Ting, a super-smart DIY sensor that
monitors a home’s entire electrical network to help prevent electrical fires
and proactively detect maintenance issues with major home systems. Aging
infrastructure, widespread growth in connected devices, and access to
electricity by 6.2 billion people have made electrical fire prevention a rising
global concern. One Ting plugged into any outlet in the home detects loose
connections, damaged wires, or faulty appliances. Beyond fire safety, Ting
provides meaningful engagement and information to homeowners on
conditions and events of high relevance to everyday life, such as power
outages, weather warnings, and even notifications that their HVAC or other
key appliances may be about to fail.
“Ting provides an incredible business opportunity for our trade
contractor customers and gives them the information they need to
deliver proactive, valuable and engaging service to homeowners,” said
Director of Ferguson Ventures. “This invest aligns well with our goal of
bringing innovative solutions to our trade contractor customers to help
them run a better business and be well positioned for the future. We look
forward to continuing our journey with Whisker Labs and helping them
scale using Ferguson’s industry leading position, national footprint and
deep customer relationships.”
Description
5

IT Shades
Engage & Enable
Fortune Brands (USA) Reports Q3 2019 Sales And Eps Growth; Solid Progress
On Strategic Initiatives In A Slowly Recovering Housing Market
• For the third quarter of 2019, sales were $1.46 billion, an increase of 6 percent over the third quarter of
2018.
• Earnings per share (EPS) were $0.75 compared to $0.69 in the prior-year quarter.
• EPS before charges/gains were $0.95 compared to $0.93 the same quarter last year.
• Operating income was $168.0 million, compared to $147.1 million in the prior-year quarter.
• Operating income before charges/gains was $203.2 million, compared to $190.6 million the same quarter
last year.
• Operating margin was up slightly to 13.9 percent.
• During the quarter, The priced an offering of $700 million of senior unsecured notes maturing in 2029 at
3.25%, and maintained our solid investment grade ratings. The company also refinanced its $1.25 billion
revolving credit facility in September.
• The Company’s 2019 annual outlook is based on a U.S. home products market growth assumption of 2 to
2.5 percent and an assumption of 2 to 2.5 percent growth for our total global market. The Company’s
full-year 2019 sales growth expectation is tightened to the range of 5 to 6 percent, reflecting the slower
ramp up of building product demand in the U.S., and the weaker Canadian housing market.
• As a result, the Company tightens its full-year 2019 EPS outlook before charges/gains to $3.53 to $3.63.
• The Company expects to generate free cash flow of approximately $480 to $500 million for the full year
2019, which includes accelerated investments in capacity and inventory to support new composite decking
customers.
“In the third quarter our teams continued to execute well in a slower market than we initially planned
and delivered solid performance while we continued to invest in our growth and take actions to
overcome external pressures such as tariffs,” said Chief executive officer, Fortune Brands. “Beginning
in September and continuing into October we are seeing a pickup in the home products market from
both new construction and repair and remodel. The improved demand, combined with actions we are
taking to strengthen the Company and capture growth opportunities, should benefit us in the 4th
quarter and set us up for a solid start to 2020.”
6
Key Financial Highlights

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Freeport-McMoRan Inc. (USA) Completes Sale Of Portion Of
Cobalt Business To Umicore
Freeport-McMoRan Inc. announced that it has completed the previously announced sale of its cobalt refinery in Kokkola, Finland and related
cobalt cathode precursor business to Umicore for total cash consideration of approximately $200 million, including approximately $50 million
of working capital. Under the terms of the agreement, FCX separated its cobalt business and Umicore acquired the refinery and cathode precursor
business, which represents approximately 60 percent of the refinery’s historical revenues. FCX and its partners will retain Freeport Cobalt’s
remaining cobalt business with operations in Kokkola, Finland and sales offices in the U.S., Europe and Asia. The retained cobalt business is a
leading global producer of cobalt fine powders, chemicals, catalyst, ceramics and pigments. Lundin Mining Corporation (TSX: LUN) is entitled
to receive 30 percent of the proceeds of the transaction. FCX expects to record an approximate $60 million gain on the transaction. FCX is a
leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with
significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world's largest publicly traded copper producers.
FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; and significant
mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde
operation in Peru.
Description
7

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
SK Innovation to secure significant volume of cobalt in long-term
supply deal with Glencore (Switzerland)
SK Innovation has signed a six year agreement with Glencore for up to c.30,000 tonnes of cobalt contained in hydroxide between
2020 and 2025.The electric vehicle (EV) battery market is growing fast and the total market size will be c.US$150bn in 2025, larger
than the semiconductor market. Accordingly, cobalt demand will keep increasing. We assume global cobalt demand for EV batteries
will be 32kt in 2020 and 92kt in 2025. With this contract, SK Innovation can produce batteries for 3 million EVs.Glencore and SK
Innovation are committed to ensuring ethical and responsible production and procurement of cobalt. There are continuous
allegations of human rights abuses linked to cobalt production, and SK Innovation is voluntarily focusing on ethical and responsible
sourcing. The cobalt in this supply contract will be sourced from Glencore’s industrial mining operations located in the DRC. Both
parties agree that the DRC operations will be independently audited each year against the “Cobalt Refinery Supply Chain Due
Diligence Standard”. This standard is defined by the Responsible Mining Initiative.
Description
8

IT Shades
Engage & Enable
Grasim Industries Limited (India) announced unaudited financial results for the
quarter and half year ended 30 September 2019
• Consolidated revenue for the quarter stood at Rs.18,430 crore recording a growth of 3 per cent. Consolidated EBITDA at Rs.3,180 crore recorded a growth of 7 per cent YoY and PAT
(Before Exceptional items and one time deferred tax benefit) was up by 6 per cent YoY to Rs.639 crore, driven by superior performance of the company’s subsidiaries, UltraTech Cement
Limited and Aditya Birla Capital Limited.
• The net revenue for the quarter stood at Rs.2,431 crore and EBITDA for the quarter stood at Rs.381crore. The global prices of VSF softened further on account of significant capacity
additions in China and Indonesia (in last one year) and ongoing U.S.-China Trade war. The Indian VSF prices witnessed a weakening trend driven by a steep 23 per cent YoY correction in
the Chinese VSF prices.
• Caustic Soda sales and production volume for Q2FY20 stood at 249KT and 241KT respectively. Weak demand conditions from user industry for chlorine and caustic soda, capacity
addition in domestic market and increase in the imports impacted the company’s production.
• The total capex plan of ~Rs.7,800 crore (at standalone level) is under execution for raising capacities in both the VSF and Chemical businesses, apart from ongoing modernisation capex
at various plants. This capital expenditure is expected to be incurred over three years period from FY20-FY22.
• UltraTech reported consolidated revenue of Rs.9,620 crore up 4 per cent YoY and EBITDA of Rs.2,072 crore in Q2FY20 up 33 per cent YoY. The consolidated sales volume stood at ~18.69
MTPA.
• The revenue and net profit after minority interest for Q2FY20 (as reported by ABCL) are at Rs.3,976 crore and Rs.256 crore up by 11 per cent and 37 per cent respectively.
• In pursuance of above, in October 2019, the company invested Rs.770 crore in preferential allotment which has increased its shareholding in Aditya Birla Capital to 56.61 per cent. Post
participation from Advent (Jomei Investment) the company shareholding will get diluted to 54.29 per cent. Advent, through its affiliate, will hold approximately 4.15 per cent of ABCL’s
equity capital and is currently awaiting regulatory approval.
9
Key Financial Highlights

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
HeidelbergCement(Germany) further reduces its stake in Ciments du
Maroc
HeidelbergCement announces the sale of around 0.5 million
shares representing 3.6% of Ciments du Maroc’s share capital
for an aggregate amount of approximately €73 million. The
shares were sold to certain Moroccan institutional investors
through a block trade. Following this transaction,
HeidelbergCement will retain a controlling stake of 51.0% in
Ciments du Maroc and continue to fully consolidate the
company.HeidelbergCement is one of the world’s largest
integrated manufacturers of building materials with leading
market positions in aggregates, cement and ready-mixed
concrete. The company employs some 57,000 people at more
than 3,000 locations in around 60 countries.
“HeidelbergCement is fully committed to remain the
long-term majority shareholder of Ciments du Maroc, a key
strategic asset within the Group’s portfolio,” said Chairman
of the Managing Board of HeidelbergCement. “The further
reduction in shareholding is part of our action plan to
optimise our portfolio and generate cash in order to speed up
deleveraging. We continue to be well on track to reach our
target of €1.5 billion of disposal proceeds by the end of
2020.”
Description
10

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Masco Corporation (USA) Announces Signing of Definitive
Agreement to Sell Masco Cabinetry
Masco Corporation, one of the world’s leading manufacturers of branded home improvement and building products, has entered into a definitive agreement
to sell Masco Cabinetry to ACProducts, Inc., a manufacturer of cabinetry products owned by American Industrial Partners, for $1.0 billion, consisting of
$850 million in cash at closing and preferred stock issued by a holding company of the buyer with a liquidation preference of $150 million. The preferred
stock will have a coupon of 8 percent, increasing to 10 percent in the third year. The agreement contains customary representations, warranties, and
covenants. The closing of the sale is expected to occur during the first quarter of 2020, subject to customary closing conditions and regulatory review.
Masco Cabinetry will be accounted for as discontinued operations for the fourth quarter and full year 2019. With this change, our normalized annual tax
rate is now expected to be 26% compared to our previously expected rate of 25%, and our anticipated earnings per share from continuing operations for the
full year is expected to be $2.12 to $2.16 per share on a reported basis, and $2.19 to $2.23 per share on an adjusted basis. See Exhibit A for GAAP
reconciliations.Headquartered in Livonia, Mich., Masco Corporation is a global leader in the design, manufacture and distribution of branded home
improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and Hansgrohe® faucets, bath and shower
fixtures; KraftMaid® and Merillat® cabinets; Kichler® decorative and outdoor lighting; and HotSpring® spas. We leverage our powerful brands across
product categories, sales channels and geographies to create value for our customers and shareholders.
Description
11

Lore Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Masco Corporation (USA) Announces Four Hundred Million
Dollar Accelerated Share Repurchase
Masco Corporation announced it has entered into an accelerated share repurchase (“ASR”) agreement with Royal Bank of Canada to
repurchase $400 million of Masco’s common stock. This agreement is part of Masco’s existing share repurchase authorization of $2
billion which was announced on September 17, 2019. Under the ASR agreement, Masco will receive initial delivery of 7.3 million
shares on November 26, 2019, representing approximately 85 percent of the number of shares of common stock initially underlying the
ASR agreement, based on the closing price of Masco’s common stock of $46.42 on November 25, 2019. The final number of shares to
be repurchased will be based on Masco’s volume-weighted average price during the term of the transaction, less a discount, and is
expected to be completed no later than February 12, 2020.Headquartered in Livonia, Mich., Masco Corporation is a global leader in the
design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands
includes Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures; KraftMaid® and Merillat® cabinets; Kichler®
decorative and outdoor lighting; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels and
geographies to create value for our customers and shareholders.
Description
12

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Newmont Goldcorp (USA) Successfully Reaches Agreement to Sell Red Lake -- $375
Million in Cash Plus Up To $100 Million in Contingent Payments
Newmont Goldcorp Corporation has continued to streamline its asset base by entering into a
binding agreement to sell the Red Lake complex in Ontario, Canada to Evolution Mining
Limited (Evolution). Upon closing of the transaction, expected in the first quarter of 2020,
Newmont will receive $375 million in cash and contingent payments of up to an additional
$100 million tied to new resource discoveries.Under terms of the $100 million contingent
payment, Evolution will pay Newmont $20 million for each one million ounces of new gold
resources added to the existing Red Lake resource base over a fifteen year period. The
contingent payment is applicable to the first five million ounces of new resources.Newmont
intends to use proceeds from the transaction to support the Company’s capital allocation
priorities of returning cash to shareholders, maintaining an investment-grade balance sheet,
and investing in a world-class portfolio.Evolution Mining is a leading, growth-focused
Australian gold producer. Evolution operates five wholly-owned mines – Cowal in New
South Wales, Cracow, Mt Carlton and Mt Rawdon in Queensland, and Mungari in Western
Australia.Newmont has the strongest and most sustainable portfolio of operations, projects
and exploration prospects in the gold sector. These assets allow the Company to sequence
profitable projects in its unmatched pipeline to sustain gold production over a decades-long
time horizon.
“Newmont technical teams identified the potential of the deposit and have supported
Continental as it advanced Buritica toward production,” said Newmont Chief Executive
Officer and President. “While we have valued our partnership with Continental, this is
an appropriate time to sell into a strong bid and remain focused on operating our
world-class portfolio of assets, optimizing our leading project pipeline and investing in
growing Reserves and Resources.”
Description
13

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Newmont (USA) Commits to Sale of Stake in Continental Gold to Generate $260
Million in Cash Proceeds
Newmont announced it has entered into a contractual arrangement to
support Zijin Mining Group’s bid to acquire Continental Gold Inc.
(Continental) by selling its 19.9 percent equity stake and its convertible
bond for $260 million. With the announced sale of Red Lake for $375
million, the Company expects to realize $635 million in total cash
proceeds when the transactions close in the first quarter 2020.Newmont
intends to use proceeds from the transaction to support the Company’s
priorities to return capital to shareholders, invest in profitable projects
and strengthen the balance sheet.The proposed transaction involves
Newmont tendering its 19.9 percent equity stake and selling its
convertible bond, thereby exiting from its shareholding in and financing
arrangements with Continental. The transaction, which is expected to
close in the first quarter 2020, is subject to Continental shareholder
approval and certain closing conditions.
“Newmont technical teams identified the potential of the deposit and
have supported Continental as it advanced Buritica toward
production,” said Newmont Chief Executive Officer and President.
“While we have valued our partnership with Continental, this is an
appropriate time to sell into a strong bid and remain focused on
operating our world-class portfolio of assets, optimizing our leading
project pipeline and investing in growing Reserves and Resources.”
Description
14

Lorem
ipsum
dolor sit
amet,
consec-
tetuer
IT Shades
Engage & Enable
Sika (Switzerland) Acquires Leading Manufacturer Of Construction Materials In
Romania
Sika has agreed to acquire Adeplast SA, a major manufacturer of mortars and
thermal insulation solutions in Romania. The acquisition will significantly
strengthen Sika’s position in the local construction chemicals market and extend
its manufacturing footprint. Adeplast generates sales of CHF 120 million with a
workforce of 460 employees. The transaction is subject to clearance by anti-trust
authorities. Adeplast is headquartered in Ploiești, 70 km north of Bucharest, and
produces a wide range of building mortars as well as thermal insulation (EPS) for
building envelope solutions. It operates four state-of-the-art production plants
which provide a nationwide coverage of Romania and offers also the potential to
serve neighboring countries. The strategically located facilities will enable Sika to
realize efficiency gains in logistics and warehousing as well as to further enhance
its ability to serve customers with fast supply and excellent product availability.
With the acquisition, Sika Romania will strengthen its product portfolio for the
Target Market Building Finishing and gain access to Adeplast’s large,
well-established network of distributors.
"Adeplast is a proven industry leader and will considerably strengthen the
presence of our Target Market Building Finishing in the growing Romanian
market. The improved access to the distribution channel will offer exciting
crossselling opportunities, increase our market penetration, and drive the
continued growth of both companies. We warmly welcome the Adeplast
employees to the Sika team and look forward to a successful joint future."
SaidRegional Manager EMEA
Description
15

IT Shades
Engage & Enable
Solutions Updates
Resources Industry

Lorem
ipsum dolor sit
amet, consectetuer
adipiscing elit, sed diam
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
JFE Steel (Japan) Introduces Industry’s first Image-based Technology for Detecting Surface Defects
in Mill Scale Steel Achieves more accurate detection than visual inspection process
16
Solution Description
JFE Steel Corporation announced that it has developed and commercially deployed the steel industry’s first image-based surface-inspection technology for
automatically detecting concave and convex surfaces on a manufacturing line producing mill-scale steel, providing an efficient automated solution that
replaces visual inspections. The newly developed twin-illumination and subtraction technique is the first automated solution capable of identifying concave
and convex surfaces in mill-scale steel. The key is the technology’s capability to distinguish between defective (concave and convex) surfaces and
non-defective (flat) surface with scaly patterns that inhibit the detection of concave and convex parts. The solution takes photos at high speed while
illuminating the surface alternately from two directions, and then analyzes differences in the two photos by looking for the shadows created by concave and
convex surfaces. As one of many initiatives to improve the quality of its steel products, JFE Steel is developing advanced inspection devices to help ensure
that its products are defect-free. It has already introduced an automated surface-inspection technology that uses lights and cameras to search for defects on
the surfaces of cold-rolled steel sheets for vehicles and other applications. In the case of steel pipes, thick steel sheets and other such steel products covered
with a black-oxide surface film, called mill scale, distinguishing between naturally occurring surface patterns and defectively concave and convex surfaces
has proven difficult. JFE Steel is using its new technology at a seamless pipe plant in the Chita Works and at a thick plate plant in the Keihin District of the
East Japan Works. Additional deployments are planned at a welded pipe plant in the Chita Works and at thick plate plants in the Kurashiki and Fukuyama
districts of the West Japan Works.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
JFE Steel (Japan) Initiating Company-wide System for Detecting Signs of
Equipment Anomalies Using Data Science Technology
17
JFE Steel Corporation announced that it has begun company-wide deployment of a system, called J-dscom™, that it recently developed and confirmed to be effective in applying the
latest data science technology to detect signs of equipment anomalies at steelworks, an steel industry first. Initial deployments have already resulted in cases of production-line
equipment installed with the system detecting signs of anomalies, allowing preemptive repairs to be made to restore the equipment to normal before potentially disruptive faults
occurred. Moving forward, JFE Steel expects to utilize its new system to stabilize equipment operations for improved productivity at its steelworks.Steelworks are sprawling facilities
filled with diverse equipment for wide-ranging processes, such as raw material unloading/storage, pig iron production, steel production, rolling and other processes, and shipment of
final products. Much of equipment is closely interrelated, so the failure of one piece of equipment can impact many other operations. As such, there is a strong demand for technology
that can detect anomalies at an early stage. JFE Steel has been working to meet this demand by developing detection technology incorporating data science, such as big-data
analysis.Conventionally, after an equipment fault occurs, an fault -monitoring model is created for the specific fault to prevent a recurrence. Conventional approaches are becoming
insufficient at many steelworks operating high percentages of equipment that were introduced decades ago and are now causing unexpected faults. Monitoring systems that can
preemptively detect anomalies, including unexpected faults, are required.The new J-dscom™ system detects anomalies at an early stage by using abnormality indices to measure the
degree of deviation from a reference value based on normal operation. Iron manufacturing involves a wide variety of devices and gauges, so variables indicating the operation status
such as current, pressure, flow rate, temperature, vibration, etc. are enormous, with several hundreds or more. J-dscom™ (a portmanteau of “data science” and “communication”) uses
big-data analysis to efficiently and comprehensively analyze vast amounts of data collected from diverse equipment.

Lorem
ipsum dolor sit
amet, consectetuer
nonummy
nib
Solution Updates
IT Shades
Engage & Enable
Umicore (Belgium) completes acquisition of cobalt refining and cathode
precursor activities in Finland
18
Umicore announced that it has completed the acquisition of the cobalt refining and cathode
precursor activities in Kokkola, Finland, from Freeport Cobalt for an amount of $ 203 million on a
debt and cash free basis (including approximately $ 50 million of net working capital). All
regulatory clearances in relation to the transaction have been obtained. It is anticipated that the
acquisition will be earnings accretive from 2020 and value accretive from 2021, after completion of
the integration process and a reduction of the net working capital resulting from supply chain
synergies.

IT Shades
Engage & Enable
Rewards & Recognition

R & R Updates
IT Shades
Engage & Enable
ALROSA (Russia) Enters Top 10 Best Employers of Russia according to
Forbes
19
ALROSA entered the top 10 best employers of Russia named by Forbes magazine following an analysis of corporate policies of the largest
Russian companies from different sectors. Forbes reviewed 150 companies from the list of large Russian businesses RBC-500, whose jobs
were most sought-after among employees from September 1, 2018 to August 31, 2019. ALROSA took the 7th place in the Forbes final rating,
which included 50 employers. The editorial staff points out that given the tough climatic conditions in Yakutia, its main region of presence,
ALROSA offers an impressive social package and a high average mothly salary of 126,700 roubles in 2018. At the end of 2018, the average
salary of employees of the company was twice as high the average salary for the Republic of Yakutia (Sakha). In 2018, ALROSA allocated
about 11 billion roubles for social investments and various social and charity programs, including contributions to the Occupational Pension
Plan. The company regularly indexes salaries to inflation, compensates travel costs for vacation of employees and their families, and provides
spa treatment and children’s vacations. The criteria for assessing employers and the relative importance of each of the metrics were
determined based on the results of a population poll by Superjob.ru. The poll showed that when choosing employers, Russians primarily focus
on the level of salary, the expanded social package, comfortable working conditions and opportunities for training and retraining.
R&R Description

R & R Updates
IT Shades
Engage & Enable
ArcelorMittal (Luxembourg) takes home Onboarding Excellence Award
20
ArcelorMittal has won the Onboarding Excellence Award and was a finalist for the Employer Brand of the Year Award at this year’s Luxembourg HR Awards.
Three hundred local and international HR experts attend the annual Luxembourg HR Awards, which reward the country’s best HR initiatives. The award
programme is part of the HR One gala event, Luxembourg’s largest HR networking event and conference, which covers a range of HR and mobility
topics.ArcelorMittal entered two initiatives it developed and implemented this year into two categories: onboarding and employer brand of the year.The first
was its redesigned onboarding process, supported by the ArcelorMittal University online campus, rolled out in a consistent way across the organisation, but
tailored to meet the specific local needs of each of the company’s sites. The onboarding project team was driven to create a memorable onboarding experience
for the new joiner. The second, was the company’s new employee value proposition, comprising the company’s employer promise to MAKE YOUR
WORLD and its unique selling points for potential candidates: an opportunity to make the Fabric of Life; be Driven by Excellence; be given the freedom to
Run with it; and to work Shoulder to shoulder with supportive colleagues.Both initiatives were selected as finalists in their respective categories, and their
project managers invited to pitch to defend their projects against their two remaining competitors for the top prize.ArcelorMittal prevailed against the
competition to win the Onboarding Excellence Award, but ING bank won for the Employer Brand of the Year Award. ArcelorMittal is proud to win the first
accolade and to be one of the finalists for the second.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Daikin (Japan) and Nikken Sekkei Selected as a Finalist of The Global
Cooling Prize
21
Daikin Airconditioning India Pvt. Ltd., and Daikin Industries, Ltd. are pleased to be selected as a finalist of The Global Cooling Prizei (GCP) together with
Nikken SekkeiLtdii. This announcement was made today in New Delhi, India. The GCP is an international competition endorsed by the Indian government,
Mission Innovation, and the Rocky Mountain Institute to explore technologies that can significantly reduce the climate impact of room air conditioners
compared to equipment currently on the marketiii. For this initiative, Daikin and Nikken Sekkei teamed up to propose a new concept for room air
conditioning. We are very honored to be selected as a finalist of this prize. This new concept employs a technology which can achieve comfort and energy
savings – and at the same time – ensure consistent room temperature and humidity by adequately controlling multiple indoor units in one room. Another new
concept is that it utilizes the vaporization heat of water to further increase the energy efficiency of the equipment. The proposed equipment uses
HFO-1234ze(E) refrigerant. Daikin adopted an out of the box approach by controlling multiple units in one room and by choosing the refrigerant
HFO-1234ze(E) which has a low GWP．However, this causes other environmental challenges such as the increased use of raw materials as a result of the
larger equipment size. Daikin’s overall refrigerant policy is to support a diversity of refrigerants. Daikin believes that R32 is the most balanced refrigerant
for many applications in terms of safety, energy efficiency, economy and the environment, and that it will be the standard for the mid- to long-term horizon.
R32 based equipment is an established technology, being sold in more than 70 countries including India.
R&R Description

R & R Updates
IT Shades
Engage & Enable
KarelskyOkatysh(Russia) received high product quality rating by
voestalpine
22
KarelskyOkatysh, the leading plant for the extraction and processing of iron ore in Russia (part of PAO Severstal), has
been commended by one of its largest customers – voestalpine AG, which it supplies with fluxed iron ore pellets. In a
letter from voestalpine’s headquarters in Linz, Austria, the leading global technology company said it had evaluated
Severstal in accordance with the Quality Management System based on the results of the 2018/2019 financial year. As
a supplier, the quality of Severstal’s product received the highest grade “A” rating on a scale from A to D. In
correspondence, representatives from the client specified that Severstal was one of voestalpine’s most valued suppliers.
In comparison to the previous assessment, pellets from Kostomuksha further improved in product quality and
investment in quality improvement.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Sika (Switzerland) Wins Swiss Technology Award 2019
23
Sika has won the Swiss Technology Award 2019 in the "Innovation Leaders" category. It received the award for its new, high-performance
adhesive technology used in lightweight construction in the field of transportation. The prize was awarded on November 21, at the Swiss
Innovation Forum in Basel in the presence of 1,000 decision-makers in business, politics, science and the media. Over one hundred companies
competed for Switzerland’s most important technology prize, which is awarded annually by the Swiss Innovation Forum. Sika was recognized by
the jury for its innovative strength and was awarded the prize for its latest innovation: SikaForce® Powerflex, a new adhesive technology that
combines the characteristics of elastic and high-strength structural adhesives in a single product. SikaForce® Powerflex was developed to meet
the requirements of lightweight construction in the field of transportation.One advantage of SikaForce® Powerflex is that it enables manufacturers
of cars, rail vehicles, buses and trucks to implement new, lighter, less polluting vehicle concepts while maintaining body rigidity, good elasticity –
and thus ideal mechanical characteristics. The mixed materials used in production and bonded with SikaForce® permit a reduction in vehicle
weight, thus reducing energy consumption and harmful emissions.The new adhesive features "curing by design" technology. This extremely
fast-working curing technology can be triggered virtually at the touch of a button and reduces the assembly time by up to 50%. OEMs and other
users can thus make their production processes much faster and more efficient.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Smurfit Kappa (Ireland) recognised for its long-term contribution to
Colombia
24
Smurfit Kappa has been awarded the prestigious “Order of San Carlos” medal from the Colombian Government for 75
years of dedication to the country. Smurfit Kappa Colombia has continuously invested in job creation, innovation and
sustainability. The award was also recognition for Smurfit Kappa Colombia´s leadership in the development of
renewable, recyclable and biodegradable packaging, as well as the work it has done to support and develop recycling
infrastructure. The packaging leader also has a strong track record in corporate social responsibility which it runs
through the Smurfit Kappa Colombia Foundation which was established in the 1960s and benefits more than 10,000
people in surrounding communities. Projects have a focus on grass-roots development, sustainable living and active
citizenship.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Tata Steel's "Operation Sunshine" - Reducing Neonatal Maternal Mortality under
Project MANSI, a Public Private Partnership (PPP) Initiative, receives accolades
25
Tata Steel’s flagship health program, Maternal and Newborn Survival Initiative (MANSI) and it’s IT platform “Operation Sunshine” have been selected
as Jharkhand State’s innovation intervention. This accolade was received at the 6th National Summit on Good and Replicable Practices and Innovations
in Public Healthcare System in India, organized by Ministry of Health & Family Welfare, Government of India. The ceremony was held at Mahatma
Mandir at Gandhinagar (Gujarat). MANSI engages in enhancing the capacity of the village-based healthcare system (embedded in villages through
government health volunteers called ASHAs or Sahiyas in Jharkhand) by training them on parameters which would address the root causes and
underlying reasons for neonate and infant mortality. Through this, the program intends to reduce neonatal (newborn of 0-28 days) and infant (child up
to 1 year of age) mortality in 10 blocks of Jharkhand and 2 blocks of Odisha (nearly 2.2 lakh households). A total of 384 poster entries were received
by the Ministry of Health & Family Welfare (MHFW) across the country. After initial shortlisting, followed by two rounds of filtrations as per the
prescribed criteria of the jury, 76 posters were invited for detailed submissions.Tata Steel group is among the top global steel companies with an annual
crude steel capacity of 33 million tonnes per annum (MnTPA). It is one of the world's most geographically-diversified steel producers, with operations
and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion in the financial
year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).
R&R Description

R & R Updates
IT Shades
Engage & Enable
Tata Steel (India) recognised as worldsteel’s Climate Action Member
26
Tata Steel Limited has been recognised by the global steel body - World Steel Association (worldsteel) for participation in the CO2 emissions data collection programme
2018-19. Tata Steel has been contributing to the CO2 data collection programme for the last 11 consecutive years.The worldsteel Climate Action programme was
launched in 2008 and recognises steel producers for participation in the worldsteel CO2 emissions data collection programme. The aim of the climate action project is to
collect and report CO2 emissions data on a site-by-site basis to give an overall emission intensity for the production of steel at that site, irrespective of the final products
that are being made.The data collection programme is at the core of the steel industry's global steel sectoral approach to climate change. The program enables participants
to benchmark their performance for similar processes and identify opportunities for improvements.Tata Steel is committed to playing a constructive role in addressing
climate change - by enhancing its carbon efficiency and enabling reduction of carbon footprint of its customers by creating high performance steels that lead to
fuel-efficient vehicles and resource-efficient buildings.Tata Steel is ranked amongst top four companies globally in the list of steel companies considering readiness for
the low carbon transition and is amongst leading steel companies, globally, on Climate and Water Disclosures (CDP, 2012-2019). Tata Steel is Climate Action member
and is participating in Step-Up programme of worldsteel. Tata Steel has been recognised as a leader in the Dow Jones Sustainability Indices (DJSI 2016-2019).Tata Steel
group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum. It is one of the world's most geographically-diversified
steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion
in the financial year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).
R&R Description

R & R Updates
IT Shades
Engage & Enable
Teck (Canada) Named One of Canada’s Top 100 Employers
27
Teck Resources Limited has been named for the third consecutive year as one of Canada’s Top 100 Employers by
Mediacorp Canada’s Top Employers program which recognizes companies for exceptional human resources programs
and forward-thinking workplace policies.Editors at Mediacorp, Canada’s largest publisher of employment periodicals,
grade employers on eight criteria, including community involvement, employee communications, and training and
skills development.Teck is a diversified resource company committed to responsible mining and mineral development
with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada,
its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock
Exchange under the symbol TECK.
R&R Description

IT Shades
Engage & Enable
Customer Success

Customer Success Updates
IT Shades
Engage & Enable
Severstal(Russia) to supply the energy industry with Valvitalia pipeline
28
PAO Severstal and Italian company Valvitalia have signed a distribution agreement for Severstal to supply Valvitalia products
and solutions to its customers in the energy industry. Partnering with the global leader in pipeline valves production will
enable Severstal to provide its customers with a comprehensive offer based on the experience, competencies and expertise of
both companies. Valvitalia products are certified in accordance with all necessary international standarts (API, ISO). Valves
and other products have already been supplied to major energy projects, including Yamal LNG, Sakhalin-2 and South Stream,
amongst others. Severstal has been a reliable partner for Russian energy companies for over 10 years, supplying high
value-added (HVA) products for both domestic and export projects. Valvitalia is a group of companies engaged in the design,
production and supply of valves and parts for the energy industry, as well as naval and civil fleets. The Company’s main
products, installed in 109 Countries, are valves, actuators, fittings, flanges, insulating joints, measurement systems, and
systems for the filtration and regulation of liquids and gas.
Description

IT Shades
Engage & Enable
Partner Ecosystem

Partner Ecosystem Updates
IT Shades
Engage & Enable
Ferguson (Switzerland) partners with IWSH to celebrate World Toilet
Day
29
Ferguson’s partnership with IWSH and DigDeep is part of its Ferguson Cares’ mission to ensure all Americans have access to a toilet, hot and
cold running water and proper sanitation. More than 2 million Americans live without running water or indoor plumbing and even more
without proper sanitation.This is the harsh reality for many Americans. Today Ferguson joined the International Water, Sanitation and Hygiene
Foundation (IWSH), along with nonprofits and local, state and federal governments to declare a bold vision on World Toilet Day. We believe
that every person, no matter where they live in the United States, needs access to safe sanitation. This year, Ferguson donated $25,000, along
with $50,000 worth of product, to help Americans who lack access to safe, reliable sanitation.Ferguson’s support, in addition to its annual
$150,000 donation to DigDeep, includes:
• Two Community Plumbing Challenge projects within the Navajo Nation in the southwestern United States.
• A plumbing training program at the Navajo Technical University.
• The construction of restroom facilities in a Navajo community center next month.
The Navajo Nation, where approximately 40 percent of the population does not have access to water and sanitation, is an area particularly hit
by this crisis.
Description

IT Shades
Engage & Enable
Fortescue (Australia) partners with Mentor Walks to help women take
the next step in their careers
30
Fortescue Metals Group (Fortescue) has partnered with Mentor Walks to launch the successful mentoring program in Perth, providing West Australian
women with the opportunity to connect with some of the State’s most influential female leaders. Launched in 2016, Mentor Walks aims to make
mentoring effective and accessible to every woman across Australia by connecting participants with female leaders through an hour-long walk and talk
in cities across Australia. By taking mentoring away from the office, mentees can feel inspired, gain new ideas and get a different perspective. The
inaugural Perth walk which departed from Fortescue Centre this morning was attended by Fortescue Chief Executive Officer Elizabeth Gaines, Deputy
Chief Executive Officer Julie Shuttleworth, Non-Executive Directors Sharon Warburton and Jenn Morris and other senior female Fortescue leaders.
Mentor Walks Perth Lead and Fortescue GM Corporate Affairs Alison Terry said the walk builds on a range of initiatives that Fortescue has already
implemented to ensure as many women as possible can make a strong contribution to the Australian resources sector.Fortescue has implemented a range
of practical initiatives to support women in the workplace, including childcare arrangements, paid parental leave, flexible working arrangements and a
commitment to gender pay equity.Fortescue is a member of the 30% Club in Australia, which was launched in 2015 with the primary objective of
campaigning for 30 per cent women on ASX200 boards by the end of 2018. In FY18, Fortescue was one of six Australian companies recognised by the
Bloomberg Gender-Equality Index for supporting a gender diverse environment across the business. In 2019, Fortescue signed the global ParityPledge
to interview at least one qualified woman for every executive position.
Description

IT Shades
Engage & Enable
JFE Steel and Guangdong Shaoguan Iron and Steel Songshan Form
Specialty Bar Steel Joint Venture in China
31
JFE Steel Corporation and Guangdong Shaoguan Iron and Steel Songshan Co., Ltd. (SGIS), an affiliate of China BaoWu Steel Group Corporation
Limited, have reached an agreement under which JFE Steel will obtain a 50% share of Baosteel Special Steel Shaoguan Co., Ltd. (BSSS), a 100%
subsidiary of SGIS, to launch a joint-venture company with SGIS for the production and sale of specialty bar steel. A steady demand for high-grade
steel is anticipated in China, the world’s largest automotive market. Thus far, JFE Steel has met the procurement needs of China-based Japanese
automakers through various joint ventures, but has relied solely on exports from Japan to meet demands for high-grade specialty bar steel. To better
serve local procurement needs and further cultivate the Chinese market for the JFE brand, JFE Steel had been exploring opportunities for the local
production and sale of specialty bar steel. Recently, a chance to bid on an investment in BSSS appeared and JFE Steel won. BSSS has a proven
record of producing and selling specialty bar steel in China and JFE Steel has established a long-term relationship of trust with the BaoWu Group
through other joint ventures, both of which were key factors in the decision to form the new joint venture. In the near future, JFE Steel will enter
into a formal equity-transfer and joint-venture contract with SGIS and thereafter acquire equity in the company once the relevant authorities
approve the acquisition with respect to competition laws. Supported by JFE Steel’s production and quality-control expertise, the new company is
expected to meet local needs for high-grade specialty bar steel, with a primary focus on Japanese customers
Description

IT Shades
Engage & Enable
Newmont Goldcorp Looks Forward to Partnership with Saracen at
KCGM in Australia
32
Newmont Goldcorp Corporation said it looks forward to a long and productive partnership with Saracen Mineral Holdings Ltd. (Saracen)
at Kalgoorlie Consolidated Gold Mines (KCGM) in Australia. Earlier today, Saracen announced an agreement to purchase Barrick Gold
Corporation’s 50 percent stake in KCGM. Newmont Goldcorp will remain the operator of KCGM and continue to manage the mine
according to its leading policies and standards.Located in Kalgoorlie-Boulder in Western Australia, KCGM directly employs
approximately 1,250 people and produced 636,000 ounces of gold in 2018. Operations began at KCGM in 1989 and the mine has
produced 21 million ounces of gold over the last three decades.Newmont Goldcorp is the world’s leading gold company and a producer
of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining
jurisdictions in North America, South America, Australia and Africa. Newmont Goldcorp is the only gold producer listed in the S&P 500
Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in
value creation, supported by robust safety standards, superior execution and technical proficiency.
Description

IT Shades
Engage & Enable
Newmont Ranked Top Miner in Newsweek’s List of America’s Most
Responsible Companies
33
Newmont was ranked the top mining company in Newsweek’s first-ever list of America’s Most Responsible Companies for 2020. Of the 300 businesses
selected for inclusion in Newsweek’s index, Newmont placed 39th overall with a score of 79.6 out of 100.Newsweek partnered with global data
research firm Statista Inc. to publish the ranking. Statista evaluated 2,000 public companies to identify America’s Most Responsible Companies based
on publicly available key performance indicators (KPIs) derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well
as an independent survey. The KPIs focused on company performance in environmental, social, and corporate governance areas. The independent
survey also asked 6,500 US Citizens about their perception of companies’ activities related to corporate social responsibility.In September, Newmont
was ranked as the top global gold mining company on the Dow Jones Sustainability World Index (DJSI World) for the fifth consecutive year and in
January was included in Bloomberg’s Gender Equality Index.Newmont is the world’s leading gold company and a producer of copper, silver, zinc and
lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South
America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled
environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior
execution and technical proficiency.
Description

IT Shades
Engage & Enable
Smurfit Kappa (Ireland) unveiled as founding member of new industry
alliance to promote the use of paper-based packaging
34
Smurfit Kappa has been named a founding member of a new industry alliance to boost the contribution of paper-based packaging
in a circular and sustainable economy. The 4evergreen forum, which is led by the Confederation of European Paper Industries
(CEPI), will see Smurfit Kappa work with leading brand owners and packaging companies to increase awareness about the
benefits of fibre-based packaging materials. The new initiative will also advocate for EU legislation to support recyclable product
design and call for the development of optimised collection systems and recycling infrastructure.With the rise of environmental
awareness and consumer concerns, 4evergreen will act as a force to accelerate the development of alternative packaging
materials, including fibre-based packaging, with a view to helping consumers make more climate-friendly choices.COO Smurfit
Kappa Paper Europe said: “We are delighted to be a founding member of this exciting alliance which promotes the unique
environmental and sustainable qualities of the paper industry and aims to minimise climate and environmental impact. Circularity
is embedded throughout all aspects of our business so there is good synergy between Smurfit Kappa and 4evergreen.”
Description

IT Shades
Engage & Enable
Smurfit Kappa (Ireland) and Wings for Aid create award-winning
disaster relief packaging solution
35
Smurfit Kappa and the Wings for Aid Foundation joined forces to create an innovative packaging solution that facilitates the
delivery of emergency supplies into hard-to-reach areas. The pack, which won the 2019 TIACA Air Cargo Sustainability
Award, can be dropped from a plane without any damage to the contents. This was proven in prototype tests during which a
pack of 30 eggs, a notoriously fragile product, remained intact following a drop from 100 metres. Wings for Aid was attracted
by Smurfit Kappa’s sustainability credentials and the company’s long-term expertise in paper-based packaging. The packs can
be easily re-used for other purposes such as shelter but if left behind in the outdoors, they will break down easily due to their
100% biodegradability.General Manager at the Wings for Aid Foundation said: "Smurfit Kappa is so much more than a
supplier to us. We really see them as a collaboration partner. Without the R&D hours they put into this project, we could have
never achieved the optimised box we now have.We are currently able to drop boxes with a capacity of 20kg from a height of
100 metres at a speed of 90km per hour, undamaged and at a predetermined location."
Description

IT Shades
Engage & Enable
Stora Enso (Finland) and Atos join forces to bring sustainable automated
new retail solutions to market
36
Stora Enso has entered a global partnership with the digital transformation company Atos to bring new automated retail solutions and
services to the market. This new service is based on the concept of “Intelligent Cabinets”, which are RFID (Radio Frequency
Identification) enabled e-kiosks designed for on-the-go purchasing using smart phones or standard card payment. The partnership
undertakes the commercialisation of the New Retail as a Service solution, combining Stora Enso’s technologies and the service delivery
experience and methodology of Atos. The “New Retail” solution by Stora Enso merges in-store and online shopping and uses sustainable
RFID tags to track and trace stored items. These tags are paper-based, providing a plastic-free and recyclable solution for packaging
authentication. To buy a product from the intelligent cabinets, the consumer only needs a compatible payment app or payment card. When
the cabinet door is closed, the consumer is charged via the app for the items taken out. Apart from this service, a back-end solution is
offered to retailers for keeping track of transactions or replenishment. The Atos digital services for Retail and Manufacturing will be used
to enhance the New Retail solution. They are based on Codex for Retail, a modular portfolio of solutions and services for connected retail
services with IoT technologies, underpinned by end-to-end services. This establishes a full new set of digital business services for retail
with strong capability for scaling, driving clear business value and bringing clients out of the “pilot trap”.
Description

IT Shades
Engage & Enable
Stora Enso (Finland)and HS Manufacturing Group enter collaboration to
develop sustainable barriers for formed fiber products
37
Stora Enso has entered into a strategic collaboration with HS Manufacturing Group (HSMG), a producer of plant-based barrier coatings,
to develop Stora Enso’s formed fiber offering. Stora Enso will leverage HSMG’s PROTĒAN™ technology for food contact packaging
applications. The technology offers a biodegradable and recyclable additive that gives fiber-based packaging water-, grease- and
oil-resistant properties. Stora Enso will apply the PROTĒAN™ barrier technology to its renewable and recyclable PureFiberTM by Stora
Enso product offering. The PureFiberTM technology from Stora Enso enables the manufacture of single-use products that are renewable,
recyclable, biodegradable and plastic free. The PROTĒAN™ technology barrier coating can be applied to produce a wide range of
high-quality cellulose-based paper products, including single-use food service items.Earlier this year Stora Enso announced a EUR 5
million investment to build a new production line and related infrastructure to manufacture formed fiber products at Hylte Mill in
Sweden. The formed fiber technology enables the manufacture of products that are designed for circularity, meaning that they are
renewable, recyclable and biodegradable and do not contain any plastic. The products respond to the needs of eco-conscious consumers
and producers looking for innovative alternatives to plastic. The first products will be available on the market at the beginning of 2020,
targeting packaging for fast food restaurants.
Description

IT Shades
Engage & Enable
Miscellaneous

Miscellaneous Updates
IT Shades
Engage & Enable
Sika (Switzerland) Opens Mortar Plant In Ethiopia
38
Sika is starting the operations of a new mortar plant at its existing site in Addis Ababa, Ethiopia, thus expanding its portfolio of locally
manufactured products. After building a production facility for concrete admixtures in 2016, this is a further step in extending the
presence in the promising Ethiopian construction market.Investment projects sponsored by the Ethiopian government and aimed at
rapidly developing the country’s infrastructure are making a major contribution to the dynamic development of this country.
According to estimates, the construction industry in Ethiopia is set to grow by 12 % in 2019 and by 8 to 9 % on average between 2019
and 2028."With the new plant in Ethiopia we are pursuing the implementation of our Africa strategy. Thanks to the new facility we
will provide the market with locally manufactured technical mortars and our tile adhesives range to serve the need for more
sophisticated and technically advanced building materials. With our strong local presence we can adapt products to meet the specific
customer requirements, and make products available with shorter delivery times. We are thus creating the ideal conditions for
participating in the country's dynamic construction market." Said EMEA Regional Manager
Description

IT Shades
Engage & Enable
Sika (Switzerland)Opens Third Plant In Indonesia
39
Sika has commenced operations at its third plant in Indonesia in a step which saw it align local production capacities with the strong
demand for building materials. The new plant is in Bekasi, which is to the east of the capital city Jakarta. Two existing Sika plants
were already supplying concrete admixtures and mortar products to the Indonesian construction market.With the new plant, Sika is
expanding production capacity in the Jakarta metropolitan area and ensuring it can satisfy the growing demand for construction
materials in western Indonesia. This latest expansion underscores Sika's commitment to sustainable investments geared to offering
customers the best product solutions and services on a local basis. Indonesia is Asia's fifth-largest construction market and is
characterized by rapid population growth and increasing urbanization. The construction sector is receiving considerable impetus from
major investments in transportation, energy, and water infrastructure, as well as in residential and commercial properties. The
government's National Strategic Projects alone comprise an investment volume equivalent to just under CHF 320 billion. Estimates
put average growth in the construction industry at close to 7% for the next ten years.
Description

IT Shades
Engage & Enable
United States Steel Corporation Commits To Reduce Greenhouse Gas
Emissions Intensity By 20%
40
United States Steel Corporation took another step in the execution of its strategy to become the “best of both” in the steel industry with the
announcement of its plans to reduce greenhouse gas emissions intensity across its global footprint. The company has set a goal to reduce its
global greenhouse gas emissions intensity by 20 percent, as measured by the rate of carbon dioxide (CO2) equivalents emitted per ton of
finished steel shipped, by 2030 based on 2018 baseline levels. This target will apply to U. S. Steel’s global operations.U. S. Steel’s greenhouse
gas emissions intensity reduction goal will be achieved through execution of multiple initiatives. These include the development of electric
arc furnace steelmaking at U. S. Steel’s Fairfield Works and at Big River Steel, the first LEED-certified steel mill in the nation, in which U.
S. Steel recently acquired a minority interest with an option to acquire the remainder over the next four years. Electric arc furnace steelmaking
relies on scrap recycling to produce new steel products, capitalizing on steel’s status as the most recycled material on earth. Further carbon
intensity reductions are expected to come from the company’s introduction of state-of-the-art endless rolling and casting technology and
construction of a cogeneration facility at its Mon Valley Works announced in May, as well as implementation of ongoing energy efficiency
measures, continued use of renewable energy sources and other process improvements.
Description

IT Shades
Engage & Enable
Event Updates
Energy Industry

Event Updates
IT Shades
Engage & Enable
Upcoming Events - Resources
IDC Energy Summit
IDC Energy Summit will provide unique and astute perspectives on
emerging trends that will help you plan for the future. Join us to find out
how ICT can be leveraged to address key strategic and operational
challenges facing providers of energy in Turkey. It will cover areas like
Realizing New Business Models, Changing the Leadership and
Mindset Narrative, Advancing with IoT, Cognitive Systems and
Analytics, and Digitally Augmenting / Sourcing the Workforce.
Hosted By : IDC
Maslak Mahallesi, Turkey
25 Dec, 2019
https://www.idc.com/mea/events/65875-idc-energy-summit-2019
MacroTrend Conference on Technology
and Innovation
MacroTrend Conference on Technology and Innovation
focuses on the topics such as the fourth industrial revolution,
disruptive technologies in the energy sector, engineering,
design, and efficiency, resources technology innovations,
Blockchain technology, and innovations in services.
Hosted By : Macro Conference
Paris, France
27-28 Dec, 20019
http://www.macroconference.com/technology.html
International Conference on
Nanotechnology (ICNT)
The International Conference on Nanotechnology will provide a platform to the engineers,
stakeholders, promoters, contractors and other professionals to interact, learn and exposure to
the various fields of Nanotechnology. It will focus on topics such as Nanotechnology in
Health(NTH), Nanotechnology in Safety (NTS), Nanotechnology in Energy and Environment
(NTE), Advanced Nanomaterials (NTM), Nanomaterials Fabrication, Characterization and
Tools (NTF), Graphene and 2D Materials (NTG), Nanoscale Electronics (NTNE), Nanotech in
Life Sciences and Medicine (NTL), and Risk in Nanotechnology (NTR).
Hosted By : Icnt
Haldia, India
28-29 Dec, 2019
http://www.icnt2019.com/
International Conference on Energy & Environment:
Challenges and Opportunities for Industries
International Conference on Energy & Environment: Challenges and Opportunities
for Industries will bring eminent personalities, policymakers from the field of
chemical engineering and allied sciences, energy sector and governing bodies to pose
various questions and possible remedies for the same. The symposium will also serve
as a tool to prepare the roadmap for future energy needs for the country. Also,
environmental issues pertaining to industries and their possible solutions will be
discussed in brief. The outcome of the conference will be conveyed to the
policymakers.
Hosted By : ENCO
Jaipur, India
28-29 Dec, 2019
http://www.enco2019.org/
International Forum on Clean Energy
Engineering (FCEE)
Clean energy is becoming a more and more popular item these years. It’s abundant and the costs are
plummeting. Solar, wind and water are examples of clean energy sources we have started to use. The
challenge is finding ways to reduce the greenhouse gas emissions when dirty energy sources are used to
make power and develop the clean energy industry so it supplies more and more of the energy we use. The
present forum aims to promote an exchange of recent and advanced information among scientists and
engineers in the wide field of energy engineering with special focus on clean energy. The forum is also
aimed particularly at promoting communication and collaboration between fundamental researchers and
those engaged in the development of practical technology in respective areas of clean energy.
Hosted By : SGCE
George Town, France
28-30 Dec, 2019
http://www.fcee.net/
European Conference on Power Electronics
The European Conference on Power Electronics will provide the
attendees with the opportunity to gain insights relating to topics
such as Power conversion, Power Control, Power semiconductors,
DC-to-DC Converters, Inverters, Off-line switching power
supplies, Rectifiers, control techniques, Power circuit
components, etc.
Hosted By : EPE
Athens, Greece
28-30 Dec, 2019
http://www.epe2019.com/
41

Event Updates
IT Shades
Engage & Enable
International Conference on Energy Science
and Applied Technology (ESAT)
International Conference on Energy Science and Applied Technology aim to
provide a platform for researchers, engineers, and academicians, as well as
industrial professionals, to present their research results and development
activities in energy science, and its applied technology. It provides
opportunities for the delegates to exchange new ideas and application
experiences, to establish business or research relations and to find global
partners for future collaboration.
Hosted By : ESAT
Yichang, China
30-31 Dec, 2019
http://www.esatconf.org/
IEEE International Conference on Power Electronics,
Smart Grid and Renewable Energy (PESGRE)
The IEEE International conference on “Power Electronics, Smart Grid and
Renewable Energy (PESGRE 2020)” is a new biennial conference organized
by IA/IE/PEL Jt.chapter Kerala. The conference is sponsored by IEEE
Industry Applications society, Power Electronics Society, IEEE Kerala
section, and IA/IE/PEL Jt.chapter Kerala. The theme of the conference is
“Power Electronics and renewable energy for sustainable development” and
will be held on 2-4 January 2020 at Le Meridien Kochi, Kerala, India.
Hosted By : IEEE PESGRE
Kochi, India
02-04 Jan, 2020
https://pesgre2020.org/
International Conference on Frontier Areas
in Power, Energy and Control (ICFAPEC)
ICFAPEC 2020 will be the most comprehensive conference focused on the various
aspects of Frontier Areas in Power, Energy and Control. This Conference provides a
chance for academic and industry professionals to discuss recent progress in the area
of Frontier Areas in Power, Energy and Control. Furthermore, we expect that the
conference and its publications will be a trigger for further related research and
technology improvements in this important subject.
Hosted By : Techno Forum Group
New Delhi, India
03-04 Jan, 2020
https://confintl.org/icfapec/
International Conference on Recent Developments in
Electrical, Electronics and Power Engineering (ICRDEEPE)
International Conference on Recent Developments in Electrical, Electronics and Power
Engineering aim of the conference is to provide a platform to researchers and practitioners from
both academia as well as industry to meet and share cutting-edge development in the fields of
electrical, electronics, power systems, alternative fuels and renewable energy. It provides a
platform to have open discussions, knowledge sharing and interactive sessions with field
experts. The conference cover the following areas are power generation, transmission, power
quality, stability, power market and power system economics, application of power electronics
in the area of energy, conservation and automotive applications, and etc.
Hosted By : MRECSYMPOSIA
Hyderabad, India
03-04 Jan, 2020
http://www.mrecsymposia.in/eee/index.html
International Conference on Power, Control
and Computing Technologies (ICPC2T)
ICPC2T will give a chance to the students / academicians / researchers / scientists
/practicing engineers to have a platform for potential knowledge exchange on recent
trends the theory and practice of Power Systems, Control systems and Computational
Technologies. Particularly, emphasis will be placed on promotion of New and
Renewable sources of Power, Smart Grid and related cyber-physical systems. This
will include new methods and procedures for distributed control, as well as their
application to different levels of the grid, ranging from transmission and distribution
systems to micro-grids to home energy management.
Hosted By : Icpc2t
Raipur, India
03-05 Jan, 2020
http://icpc2t.nitrr.ac.in/
Joint Action Conference
The conference is open exclusively to CEOs and
senior management of joint action agencies, their
board members and commissioners, and American
Public Power Association utility members.
Hosted By : American Public Power Association
Palm Springs, USA
05-07 Jan, 2020
https://www.publicpower.org/event/joint-action-conference
42

Event Updates
IT Shades
Engage & Enable
Gas Storage Outlook
Gas Storage Outlook offers the best opportunity available in the gas storage
sector to meet, compare notes, and learn about trends. It feature provides the
attendees with a simple way to find and read all the latest news and analysis
on the key issues impacting the markets they work in. It will cover areas like
New pipelines and gas storage markets, Increased gas-fired generation and
exports, Will gas demand increase enough to drive up prices, volatility, and
seasonal spreads.
Hosted By : Sp global
Houston, USA
07-08 Jan, 2020
https://www.spglobal.com/platts/en/events/americas/gas-storage-outlook
Motorsport Industry Association Energy
Efficient Motorsport Conference
Motorsport Industry Association Energy Efficient Motorsport
Conference is the world's leading trade association for the
motorsport, high-performance engineering, services, and tuning
sectors. As an industry that is constantly having to deal with rapid
development, it’s our role to globally represent the specialized
needs of our members.
Hosted By : MIA
Birmingham, UK
08 Jan, 2020
https://the-mia.com/events/EventDetails.aspx?id=1271524&group=
International Conference on Future
Environment and Energy (ICFEE)
2020 10th International Conference on Future Environment and Energy (ICFEE
2020) will be held in Kyoto, Japan during 7-9 January, 2020. ICFEE 2020 is
sponsored by the Hong Kong Chemical, Biological & Environmental Engineering
Society (CBEES). It is one of the leading international conferences for presenting
novel and fundamental advances in the fields of Future Environment and Energy. It
also serves to foster communication among researchers and practitioners working in a
wide variety of scientific areas with a common interest in improving Future
Environment and Energy related techniques.
Hosted By : HKCBEES
Kyoto, Japan
07-09 Jan, 2020
http://www.icfee.org/
Rex Fuels' Asia & Middle East Bitumen &
Road Construction Conference
The purpose of this conference is to bring together the leading market participants from across
the bitumen and road construction value chain to network, share experiences and meet potential
business partners to grow their businesses. The Conference program will help you address the
industry challenges, find out about the new global demand centres, understand the new
technologies and get to know what the future holds for the industry. The two-day conference has
been carefully structured to encourage mutual inspiration and fruitful debate among the
participants.
Hosted By : AME Conferences
Dubai, UAE
08-09 Jan, 2020
http://www.ameconferences.com
International Conference on Renewable
Energy Technologies (ICRET)
It focuses on timely and emerging topics of interest to the Renewable Energy
Technologies that provides an opportunity for in-depth exchange of research ideas in
an informal environment. To encourage discussion and dissemination of the latest
research developments, early-stage work, and possibly controversial results,
workshops, the conference will bring together leading researchers, engineers and
scientists in the domain of interest from around the world. We contribute to be the
premier and most selective conference and devote to technical innovations in
Renewable Energy Technologies.
Hosted By : Icret
Perth, Australia
08-10 Jan, 2020
http://www.icret.org/
International Conference on Smart Energy and
Systems and Electric Vehicles (ICSESEV)
International Conference on Smart Energy and Systems and Electric Vehicles aims at providing
an opportunity for academia, research scholars and Industry persons to discuss various new
techniques in design, operation and engineering challenges to maintain grid discipline in smart
energy systems and also battery management systems, design concepts, charging stations of
electric vehicles. It provides an international forum for industry professionals and researchers
to deliberate and showcase their research findings, discuss the latest advancements and explore
the future directions in the emerging areas of smart energy systems and electric vehicles.
Hosted By : Icsesev
Vijayawada, India
08-10 jan, 2020
http://icsesev.in/
43

IT Shades
Engage & Enable
Feel free to contact us at marketing@itshades.com for any queries
Follow us on social media by clickling below:
www.twitter.com/it_shades
w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q
http://www.linkedin.com/in/it-shades-83051b117/
http://www.instagram.com/itshades1
http://www.facebook.com/ITShades-1184984251622300/
Thankyou for reading our I-Byte.
Please feel free to subscribe to other documents by signing up on
www.itshades.com

I-Bytes Resources Industry

Recommended

Recommended

More Related Content

What's hot

What's hot (19)

Similar to I-Bytes Resources Industry

Similar to I-Bytes Resources Industry (20)

More from EGBG Services

More from EGBG Services (20)

Recently uploaded

Recently uploaded (20)

I-Bytes Resources Industry