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.
BNSF is a major railroad network in the United States that transports a variety of goods. In 2003, BNSF saw revenue growth of 5% driven by strong intermodal growth, though on-time performance fell short of goals. Safety performance reached record levels with injury rates down significantly. Looking forward, BNSF aims to continue revenue growth through initiatives like expanding intermodal capacity and pursuing market-based pricing across all business lines.
Bolt Technology Corp saw a 21% decrease in total revenues to $48.9 million in FY2009 mainly due to decreases in their seismic energy sources and controllers segments. However, their underwater cables and connectors segment saw increased sales. Gross profit margins increased to 49% due to higher prices and lower material costs. While dependent on a few major customers for most of its revenues, Bolt is forecasted to see increased sales in 2010 with projections for growth in oil demand and prices.
1. Britvic's operating cash flow before working capital investments was £130.7 million in 2011, indicating steady cash generation from core operations.
2. However, Britvic used cash of £37.7 million for capital expenditures and £11.9 million for intangible assets, reducing its free cash flow available for debt repayment and equity.
3. Britvic paid £40.3 million in dividends in 2011, exceeding its free cash flow available for equity of £30.9 million, indicating it relied on external financing to fund dividend payments.
14.1.29 gongwer news service ohio report january hiring releasehmhollingsworth
AK Steel reported improved financial results for the fourth quarter and full year of 2013 compared to 2012, including higher adjusted EBITDA and shipments for Q4 2013, and lower net losses for the full year. M/I Homes also reported higher net income and new contracts for Q4 2013 and the full year compared to 2012. PolyOne reported increased revenue and earnings per share for Q4 2013 and the full year. AT&T is still looking to fill about 300 jobs in Ohio and invested over $225 million in its Ohio networks in the first half of 2013.
This document provides a financial analysis of Imperial Tobacco Group PLC for 2014. It includes accounting ratios to analyze the company's performance, liquidity, gearing, investors' returns, and efficiency. Key ratios show the company's return on capital employed increased in 2013. Its current ratio, liquidity, and ability to cover interest expenses decreased slightly but were still considered adequate. The document also evaluates the company's share price, net asset value, dividend yield, historic and prospective price-earnings ratios. Based on the analysis, while the shares appear undervalued, they are recommended for long-term investors given the time needed to generate profits from the investment.
Texas Tech University Research Partnership
Defining the Soft Infrastructure of Border Crossings
Donna Davis, Associate Professor, Marketing Area, Rawls College of Business, Texas Tech University
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
air products & chemicals 2008 June3 JPMorganfinance26
1. Air Products is a $10 billion company with diverse markets and geographies that is positioned for continued long-term value creation.
2. The company has pursued a strategy of transforming its business mix toward higher growth segments like tonnage gases, electronics, and healthcare.
3. Air Products aims to deliver profitable growth through long-term contracts, consistent cash flows, a strong balance sheet, and ongoing margin improvement initiatives.
BNSF is a major railroad network in the United States that transports a variety of goods. In 2003, BNSF saw revenue growth of 5% driven by strong intermodal growth, though on-time performance fell short of goals. Safety performance reached record levels with injury rates down significantly. Looking forward, BNSF aims to continue revenue growth through initiatives like expanding intermodal capacity and pursuing market-based pricing across all business lines.
Bolt Technology Corp saw a 21% decrease in total revenues to $48.9 million in FY2009 mainly due to decreases in their seismic energy sources and controllers segments. However, their underwater cables and connectors segment saw increased sales. Gross profit margins increased to 49% due to higher prices and lower material costs. While dependent on a few major customers for most of its revenues, Bolt is forecasted to see increased sales in 2010 with projections for growth in oil demand and prices.
1. Britvic's operating cash flow before working capital investments was £130.7 million in 2011, indicating steady cash generation from core operations.
2. However, Britvic used cash of £37.7 million for capital expenditures and £11.9 million for intangible assets, reducing its free cash flow available for debt repayment and equity.
3. Britvic paid £40.3 million in dividends in 2011, exceeding its free cash flow available for equity of £30.9 million, indicating it relied on external financing to fund dividend payments.
14.1.29 gongwer news service ohio report january hiring releasehmhollingsworth
AK Steel reported improved financial results for the fourth quarter and full year of 2013 compared to 2012, including higher adjusted EBITDA and shipments for Q4 2013, and lower net losses for the full year. M/I Homes also reported higher net income and new contracts for Q4 2013 and the full year compared to 2012. PolyOne reported increased revenue and earnings per share for Q4 2013 and the full year. AT&T is still looking to fill about 300 jobs in Ohio and invested over $225 million in its Ohio networks in the first half of 2013.
This document provides a financial analysis of Imperial Tobacco Group PLC for 2014. It includes accounting ratios to analyze the company's performance, liquidity, gearing, investors' returns, and efficiency. Key ratios show the company's return on capital employed increased in 2013. Its current ratio, liquidity, and ability to cover interest expenses decreased slightly but were still considered adequate. The document also evaluates the company's share price, net asset value, dividend yield, historic and prospective price-earnings ratios. Based on the analysis, while the shares appear undervalued, they are recommended for long-term investors given the time needed to generate profits from the investment.
Texas Tech University Research Partnership
Defining the Soft Infrastructure of Border Crossings
Donna Davis, Associate Professor, Marketing Area, Rawls College of Business, Texas Tech University
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
air products & chemicals 2008 June3 JPMorganfinance26
1. Air Products is a $10 billion company with diverse markets and geographies that is positioned for continued long-term value creation.
2. The company has pursued a strategy of transforming its business mix toward higher growth segments like tonnage gases, electronics, and healthcare.
3. Air Products aims to deliver profitable growth through long-term contracts, consistent cash flows, a strong balance sheet, and ongoing margin improvement initiatives.
This document summarizes Mike Hilton's presentation at the Bank of America 37th Annual Investment Conference on September 18, 2007. The presentation provides an overview of Air Products, including its business segments, value proposition through long-term contracts and consistent cash flows, growth strategies focused on volume increases and productivity gains, and financial performance targets of 10-15% EPS growth through market expansion and margin improvements. Hilton commits to achieving an ORONA of 12.5% for fiscal year 2007 and outlines further growth opportunities in large projects, new markets, and productivity initiatives to drive sustainable double-digit returns.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)finance49
El Paso Corporation provides natural gas and related energy products. The presentation discusses El Paso's plans to meet its 2009 debt maturities through reduced capital spending and potential asset sales while executing its $8 billion pipeline backlog. It also summarizes El Paso's significant unproved natural gas resources and lower-risk development programs. The presentation concludes that El Paso's long-term growth potential remains intact despite challenges from the credit crisis.
Campus Crest Communities, Inc. Reports Third Quarter 2011 Results
- Grew Same-Store Net Operating Income by 6.8% -
- Increased Occupancy at Existing 21 Wholly-Owned Operating Properties by 270 Basis Points and Average Rental Rate by 2.8% -
CHARLOTTE, N.C., Nov 01, 2011 (BUSINESS WIRE) --
Campus Crest Communities, Inc. (NYSE:CCG) (the "Company"), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today announced results for the three months ended September 30, 2011.
Dover Corporation reported its fourth quarter and full year 2007 earnings. For Q4, net earnings were $169 million, up 9% from the prior year. Revenue was $1.86 billion, up 11%. For the full year, net earnings were $661 million, up 19% from 2006. Revenue increased 14% to $7.2 billion. Dover executed strategic initiatives in 2007 including reorganizing into four segments, increasing its dividend, repurchasing $591 million of stock, and acquiring companies to expand its platforms. Looking ahead to 2008, Dover anticipates mid-single digit organic revenue growth and over 10% growth in earnings per share.
Fev at the third edition of Take A Breath, workshop organized by Loccioni Group, to discuss the potential of innovation in the automotive industry.
On 28th and 29th June 2012, 50 companies of 12 countries - including automobile manufacturers (OEMs), automotive component manufacturers (Tier 1) and the international scientific community - met in Italy in Marche region, to discuss the future of the motor.The international speakers parterre - from Volksvagen to Daimler, from General Motors to Ferrari, with Denso, Magneti Marelli, Continental, Delphi, Bosch, IAV, Cummins, Fev, Ricardo with the Polytechnic of Turin and Chalmers University - has drawn the technical, economic and scientific scenario of the sector as well as the current international strategies.
air products & chemicals 2008 Feb11 Lehmanfinance26
This document provides an overview of Air Products, including its business segments, financial performance, growth opportunities, and outlook. Some key points:
- Air Products has a diverse portfolio across gases, equipment, and technologies with long-term contracts providing stability.
- The company has delivered strong sales and earnings growth in recent years and aims to continue expanding margins and improving returns.
- Major growth opportunities exist in hydrogen, oxygen for gasification, and other energy and environmental applications.
- Air Products expects to sustain double-digit earnings growth through focus on productivity and margins while maintaining its leadership in industrial gases.
Britvic is the second largest branded soft drinks company in Britain and Ireland and has international operations in France, exporting to over 80 countries. It produces over 30 brands and had £1.29 billion in revenue in 2011, operating factories and offices across Britain, Ireland, and France with over 3,300 employees. Britvic seeks to grow through innovation, expanding distribution channels, and international acquisitions and franchise agreements.
Hera Group - Consolidated Financial Statements as at 31 December 2016Hera Group
The Hera Group reported financial results for 2016, with revenues of €4.46 billion and EBITDA of €916.6 million. Net profit increased 13.4% to €220.4 million. The net debt to EBITDA ratio improved to 2.79x from 3.00x in 2015. Investments totaled €366.4 million, a 10.1% increase over 2015. Key performance indicators such as return on equity and return on invested capital increased compared to prior year. The document provides an overview of financial and operating results for 2016 and definitions of alternative performance measures used by the Hera Group.
RJ Reynolds posted solid financial results in 2008, with net income increasing 2.3% to $1.3 billion and EPS growing 3.2% to $4.57, demonstrating the company's strength even in a difficult economic environment. Key brands like Camel and Grizzly captured market share, and new innovative smokeless tobacco products like Camel Snus performed well. Reynolds American is well positioned for future challenges and opportunities with its total tobacco business model and range of tobacco products.
This document brings together a set of latest data points and publicly available information relevant for Energy Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
IT Shades published its February 2020 edition of the I-Bytes newsletter. The newsletter included several sections: Financial, M&A Updates providing key financial highlights and executive commentary from major resources companies regarding their Q1 2020 results; Solution Updates regarding new products and services; Rewards and Recognition recognizing achievements in the industry; and Partnership Ecosystem Updates on new collaborations. The document aims to share relevant industry information and data points with readers to benefit them.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
to share this content and believe that
readers will benefit from this
periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Manufacturing Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
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readers will benefit from this
periodic publication immensely.
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.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
to share this content and believe that
readers will benefit from this
periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Utilities Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Resources. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Utilities Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Manufacturing Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document summarizes Mike Hilton's presentation at the Bank of America 37th Annual Investment Conference on September 18, 2007. The presentation provides an overview of Air Products, including its business segments, value proposition through long-term contracts and consistent cash flows, growth strategies focused on volume increases and productivity gains, and financial performance targets of 10-15% EPS growth through market expansion and margin improvements. Hilton commits to achieving an ORONA of 12.5% for fiscal year 2007 and outlines further growth opportunities in large projects, new markets, and productivity initiatives to drive sustainable double-digit returns.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)finance49
El Paso Corporation provides natural gas and related energy products. The presentation discusses El Paso's plans to meet its 2009 debt maturities through reduced capital spending and potential asset sales while executing its $8 billion pipeline backlog. It also summarizes El Paso's significant unproved natural gas resources and lower-risk development programs. The presentation concludes that El Paso's long-term growth potential remains intact despite challenges from the credit crisis.
Campus Crest Communities, Inc. Reports Third Quarter 2011 Results
- Grew Same-Store Net Operating Income by 6.8% -
- Increased Occupancy at Existing 21 Wholly-Owned Operating Properties by 270 Basis Points and Average Rental Rate by 2.8% -
CHARLOTTE, N.C., Nov 01, 2011 (BUSINESS WIRE) --
Campus Crest Communities, Inc. (NYSE:CCG) (the "Company"), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today announced results for the three months ended September 30, 2011.
Dover Corporation reported its fourth quarter and full year 2007 earnings. For Q4, net earnings were $169 million, up 9% from the prior year. Revenue was $1.86 billion, up 11%. For the full year, net earnings were $661 million, up 19% from 2006. Revenue increased 14% to $7.2 billion. Dover executed strategic initiatives in 2007 including reorganizing into four segments, increasing its dividend, repurchasing $591 million of stock, and acquiring companies to expand its platforms. Looking ahead to 2008, Dover anticipates mid-single digit organic revenue growth and over 10% growth in earnings per share.
Fev at the third edition of Take A Breath, workshop organized by Loccioni Group, to discuss the potential of innovation in the automotive industry.
On 28th and 29th June 2012, 50 companies of 12 countries - including automobile manufacturers (OEMs), automotive component manufacturers (Tier 1) and the international scientific community - met in Italy in Marche region, to discuss the future of the motor.The international speakers parterre - from Volksvagen to Daimler, from General Motors to Ferrari, with Denso, Magneti Marelli, Continental, Delphi, Bosch, IAV, Cummins, Fev, Ricardo with the Polytechnic of Turin and Chalmers University - has drawn the technical, economic and scientific scenario of the sector as well as the current international strategies.
air products & chemicals 2008 Feb11 Lehmanfinance26
This document provides an overview of Air Products, including its business segments, financial performance, growth opportunities, and outlook. Some key points:
- Air Products has a diverse portfolio across gases, equipment, and technologies with long-term contracts providing stability.
- The company has delivered strong sales and earnings growth in recent years and aims to continue expanding margins and improving returns.
- Major growth opportunities exist in hydrogen, oxygen for gasification, and other energy and environmental applications.
- Air Products expects to sustain double-digit earnings growth through focus on productivity and margins while maintaining its leadership in industrial gases.
Britvic is the second largest branded soft drinks company in Britain and Ireland and has international operations in France, exporting to over 80 countries. It produces over 30 brands and had £1.29 billion in revenue in 2011, operating factories and offices across Britain, Ireland, and France with over 3,300 employees. Britvic seeks to grow through innovation, expanding distribution channels, and international acquisitions and franchise agreements.
Hera Group - Consolidated Financial Statements as at 31 December 2016Hera Group
The Hera Group reported financial results for 2016, with revenues of €4.46 billion and EBITDA of €916.6 million. Net profit increased 13.4% to €220.4 million. The net debt to EBITDA ratio improved to 2.79x from 3.00x in 2015. Investments totaled €366.4 million, a 10.1% increase over 2015. Key performance indicators such as return on equity and return on invested capital increased compared to prior year. The document provides an overview of financial and operating results for 2016 and definitions of alternative performance measures used by the Hera Group.
RJ Reynolds posted solid financial results in 2008, with net income increasing 2.3% to $1.3 billion and EPS growing 3.2% to $4.57, demonstrating the company's strength even in a difficult economic environment. Key brands like Camel and Grizzly captured market share, and new innovative smokeless tobacco products like Camel Snus performed well. Reynolds American is well positioned for future challenges and opportunities with its total tobacco business model and range of tobacco products.
This document brings together a set of latest data points and publicly available information relevant for Energy Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
IT Shades published its February 2020 edition of the I-Bytes newsletter. The newsletter included several sections: Financial, M&A Updates providing key financial highlights and executive commentary from major resources companies regarding their Q1 2020 results; Solution Updates regarding new products and services; Rewards and Recognition recognizing achievements in the industry; and Partnership Ecosystem Updates on new collaborations. The document aims to share relevant industry information and data points with readers to benefit them.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
to share this content and believe that
readers will benefit from this
periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Manufacturing Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
to share this content and believe that
readers will benefit from this
periodic publication immensely.
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.
This document brings together a set
of latest data points and publicly
available information relevant for
Energy Industry. We are very excited
to share this content and believe that
readers will benefit from this
periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Utilities Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Resources. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Utilities Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Manufacturing Industry. We are very
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believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
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Energy Industry. We are very excited
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readers will benefit from this
periodic publication immensely.
Orient Paper & Industries Ltd (OPIL) is proposing a 1:1 demerger of its cement business unit into a new entity called Orient Cement Ltd. This presents an arbitrage opportunity as the current market cap of OPIL does not reflect the sum of its business units' valuations. A demerger could unlock shareholder value by allowing the separate entities to be appropriately valued. Katalyst Wealth recommends accumulating OPIL shares before the expected High Court approval of the demerger in January-February 2012. Profits could be booked if the share price rises 20-30% or shares could be sold upon demerger and the entitlement to Orient Cement shares retained.
This document brings together a set
of latest data points and publicly
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Banking Industry. We are very
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believe that readers will benefit from
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IT Shades publishes an Energy Industry I-Byte newsletter. The January 2021 issue includes several financial and M&A updates from the energy industry: Ovintiv provided a positive Q4 and full-year 2020 update and debt reduction plan. EQT signed a EUR 1 billion credit facility and its infrastructure fund launched an offer to acquire Torghatten ASA. Equinor and partners invested NOK 3 billion to improve recovery at Statfjord à ̃st field. PGNiG's acquisitions of Kvitebjà ̧rn and Valemon fields in Norway were approved.
I-Bytes Energy, resources and utilities IndustryEGBG Services
This document brings together a set of latest data points and publicly available information relevant for Energy, resources and utilities Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
This document brings together a set
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Energy Industry. We are very excited
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This document brings together a set of latest data points and publicly available information relevant for Business Services Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
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T-Byte Hybrid Cloud Infrastructure July 2021EGBG Services
This document brings together a set
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Hybrid Cloud Infrastructure
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- Amdocs was named a 2021 Global Amazon Web Services (AWS) Partner Network (APN) Public Sector Partner Award winner for its CES suite.
- The award recognizes Amdocs' role in helping customers drive innovation and build solutions using AWS cloud technology.
- Amdocs' next-generation cloud-native CES portfolio allows communications service providers to safely and rapidly transition from legacy systems to a microservices-based suite built on AWS services.
T-Byte Digital Customer Experience July 2021EGBG Services
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Digital Customer Experience
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The document provides updates related to solutions, rewards and recognition in the hospitality industry. It summarizes new programs launched by various hotel chains to support diversity, community initiatives and environmental sustainability. It also recognizes awards and honors received by some hotel companies for their inclusion and wellness programs. The document contains information that would be useful for hospitality industry professionals.
IT Shades publishes an "I-Bytes" monthly newsletter focused on the automotive industry. The July 2021 edition includes the following:
- An introduction and information about subscribing to IT Shades publications.
- Updates on recent mergers and acquisitions in the automotive industry, including BorgWarner acquiring 89.08% of AKASOL and Goodyear completing its acquisition of Cooper.
- New product solutions from automakers, such as Changan Automobile launching its Blue Core iDD hybrid system and Great Wall Motor releasing the 3rd gen HAVAL H6 SUV in Chile.
- Additional sections cover rewards and recognitions in the industry, customer success stories, partnership updates,
This document brings together a set
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Aeroflot's new airplane tableware design created by designers Chistiakov and Chistiakova won the prestigious Red Dot Award, presented annually by the design center in Essen, Germany for its Skopkar tableware concept in the Tableware category, with the jury appreciating the sense of style demonstrated by the leading Russian airline; the whole new tableware range, including porcelain, cutlery, glassware, textiles and paper products, was recognized with the award and has been rolled out across Aeroflot's fleet.
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IT Shades published its July 2021 edition of I-Bytes, a periodic publication covering insurance industry updates. The document includes sections on financial and M&A updates, solution updates, rewards and recognition updates, partnership ecosystem updates, environmental and social updates, and miscellaneous updates. IT Shades aims to engage and enable businesses, professionals, and students within the IT industry by sharing latest data and information relevant to the insurance sector. Readers are encouraged to provide feedback to help improve future editions.
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Best 20 SEO Techniques To Improve Website Visibility In SERPPixlogix Infotech
Boost your website's visibility with proven SEO techniques! Our latest blog dives into essential strategies to enhance your online presence, increase traffic, and rank higher on search engines. From keyword optimization to quality content creation, learn how to make your site stand out in the crowded digital landscape. Discover actionable tips and expert insights to elevate your SEO game.
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Your One-Stop Shop for Python Success: Top 10 US Python Development Providersakankshawande
Simplify your search for a reliable Python development partner! This list presents the top 10 trusted US providers offering comprehensive Python development services, ensuring your project's success from conception to completion.
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Introduction of Cybersecurity with OSS at Code Europe 2024Hiroshi SHIBATA
I develop the Ruby programming language, RubyGems, and Bundler, which are package managers for Ruby. Today, I will introduce how to enhance the security of your application using open-source software (OSS) examples from Ruby and RubyGems.
The first topic is CVE (Common Vulnerabilities and Exposures). I have published CVEs many times. But what exactly is a CVE? I'll provide a basic understanding of CVEs and explain how to detect and handle vulnerabilities in OSS.
Next, let's discuss package managers. Package managers play a critical role in the OSS ecosystem. I'll explain how to manage library dependencies in your application.
I'll share insights into how the Ruby and RubyGems core team works to keep our ecosystem safe. By the end of this talk, you'll have a better understanding of how to safeguard your code.
Main news related to the CCS TSI 2023 (2023/1695)Jakub Marek
An English 🇬🇧 translation of a presentation to the speech I gave about the main changes brought by CCS TSI 2023 at the biggest Czech conference on Communications and signalling systems on Railways, which was held in Clarion Hotel Olomouc from 7th to 9th November 2023 (konferenceszt.cz). Attended by around 500 participants and 200 on-line followers.
The original Czech 🇨🇿 version of the presentation can be found here: https://www.slideshare.net/slideshow/hlavni-novinky-souvisejici-s-ccs-tsi-2023-2023-1695/269688092 .
The videorecording (in Czech) from the presentation is available here: https://youtu.be/WzjJWm4IyPk?si=SImb06tuXGb30BEH .
Project Management Semester Long Project - Acuityjpupo2018
Acuity is an innovative learning app designed to transform the way you engage with knowledge. Powered by AI technology, Acuity takes complex topics and distills them into concise, interactive summaries that are easy to read & understand. Whether you're exploring the depths of quantum mechanics or seeking insight into historical events, Acuity provides the key information you need without the burden of lengthy texts.
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Generating privacy-protected synthetic data using Secludy and MilvusZilliz
During this demo, the founders of Secludy will demonstrate how their system utilizes Milvus to store and manipulate embeddings for generating privacy-protected synthetic data. Their approach not only maintains the confidentiality of the original data but also enhances the utility and scalability of LLMs under privacy constraints. Attendees, including machine learning engineers, data scientists, and data managers, will witness first-hand how Secludy's integration with Milvus empowers organizations to harness the power of LLMs securely and efficiently.
AI 101: An Introduction to the Basics and Impact of Artificial IntelligenceIndexBug
Imagine a world where machines not only perform tasks but also learn, adapt, and make decisions. This is the promise of Artificial Intelligence (AI), a technology that's not just enhancing our lives but revolutionizing entire industries.
UiPath Test Automation using UiPath Test Suite series, part 6DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 6. In this session, we will cover Test Automation with generative AI and Open AI.
UiPath Test Automation with generative AI and Open AI webinar offers an in-depth exploration of leveraging cutting-edge technologies for test automation within the UiPath platform. Attendees will delve into the integration of generative AI, a test automation solution, with Open AI advanced natural language processing capabilities.
Throughout the session, participants will discover how this synergy empowers testers to automate repetitive tasks, enhance testing accuracy, and expedite the software testing life cycle. Topics covered include the seamless integration process, practical use cases, and the benefits of harnessing AI-driven automation for UiPath testing initiatives. By attending this webinar, testers, and automation professionals can gain valuable insights into harnessing the power of AI to optimize their test automation workflows within the UiPath ecosystem, ultimately driving efficiency and quality in software development processes.
What will you get from this session?
1. Insights into integrating generative AI.
2. Understanding how this integration enhances test automation within the UiPath platform
3. Practical demonstrations
4. Exploration of real-world use cases illustrating the benefits of AI-driven test automation for UiPath
Topics covered:
What is generative AI
Test Automation with generative AI and Open AI.
UiPath integration with generative AI
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Have you ever been confused by the myriad of choices offered by AWS for hosting a website or an API?
Lambda, Elastic Beanstalk, Lightsail, Amplify, S3 (and more!) can each host websites + APIs. But which one should we choose?
Which one is cheapest? Which one is fastest? Which one will scale to meet our needs?
Join me in this session as we dive into each AWS hosting service to determine which one is best for your scenario and explain why!
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
Skybuffer SAM4U tool for SAP license adoptionTatiana Kojar
Manage and optimize your license adoption and consumption with SAM4U, an SAP free customer software asset management tool.
SAM4U, an SAP complimentary software asset management tool for customers, delivers a detailed and well-structured overview of license inventory and usage with a user-friendly interface. We offer a hosted, cost-effective, and performance-optimized SAM4U setup in the Skybuffer Cloud environment. You retain ownership of the system and data, while we manage the ABAP 7.58 infrastructure, ensuring fixed Total Cost of Ownership (TCO) and exceptional services through the SAP Fiori interface.
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
I Bytes Resources industry
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I-Bytes
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February Edition 2021
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates..................................................................................................................................................9
3. Rewards and Recognition Updates...................................................................................................................23
4. Customer Success Updates................................................................................................................................30
5. Partnership Ecosystem Updates.......................................................................................................................33
6. Environment & Social Updates........................................................................................................................40
7. Miscellaneous Updates......................................................................................................................................46
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Financial, M & A
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EVRAZ (UK) announces the potential demerger of its coal assets
The Board of EVRAZ regularly reviews the Company’s strategic options to maximise long-term value for EVRAZ
shareholders. The Board has given approval for the Company to consider the strategic merits of and possible
structures for a potential demerger of its coal business. The Potential Demerger may allow EVRAZ to focus on
developing its steel business and establish the coal business, currently consolidated under PAO Raspadskaya, as an
independent leading regional producer of high quality metallurgical coal. The Board continues to evaluate various
strategic options for the Company and there can be no assurances that the Potential Demerger will be undertaken. If
undertaken, the Potential Demerger would be subject to regulatory, shareholder and other third-party approvals. The
Board will keep shareholders updated as appropriate with further announcements.
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EVRAZ (UK) announces the potential demerger of its coal assets
Glencore announces that its subsidiary Carlisa Investments Corp. in which Glencore holds 81.2% of the shares, has signed an agreement with ZCCM Investments Holding plc ("ZCCM") to
transfer its 90% interest in Mopani Copper Mines plc ("Mopani") to ZCCM, the owner of the remaining 10% interest in Mopani, for US$1 and the Transaction Debt (as defined below).
Completion of the sale is conditional on receipt of certain regulatory approvals in Zambia and on the approval of the shareholders and board of directors of ZCCM, and is expected to occur
within the next three months. Mopani has been funded by borrowings from Carlisa and other members of the Glencore group. On completion, US$1.5 billion of debt will remain owed by
Mopani to Glencore group creditors on the following terms:
• interest under the Transaction Debt will be capitalised for the first three years after completion, and thereafter will be payable quarterly at LIBOR + 3% (subject to a switch to an
equivalent interest rate based on SOFR); and
• principal outstanding under the Transaction Debt will be repayable under a dual mechanism whereby:
• 3% of gross revenue of the Mopani group from 2021-2023 (inclusive), and 10-17.5% of gross revenue of the Mopani group thereafter; and
• 33.3% of EBITDA less tax, changes in working capital, capital expenditure, royalty payments and interest and principal (calculated under the first mechanism) payments in respect of
Transaction Debt, is at the end of each quarter required to be paid. Repayment of principal (together with accrued interest) may additionally be required in the event of an occurrence of
certain other early prepayment events, including certain change of control events in respect of Mopani.
After completion of the sale, Glencore will retain offtake rights in respect of Mopani's copper production until the Transaction Debt has been repaid in full. As ZCCM is the holder of 10%
of the voting rights in Mopani, a subsidiary undertaking of Glencore plc, the transaction falls within the criteria set out in Listing Rule 11.1.10R. Accordingly, Glencore has obtained written
confirmation from a sponsor that the terms of the transaction are fair and reasonable as far as Glencore shareholders are concerned.
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Kobe Steel (Japan): Announcement on planned share transfer of equity
method affiliate
Kobe Steel, Ltd. announces that it has decided to sell a part of shares that it holds in its equity-method affiliate OSAKA Titanium
Technologies Co., Ltd. The number of shares planned to be sold by Kobe Steel is 3,300, 000 shares. With this sale of shares, Kobe
Steel’s ownership ratio of voting rights in OTC will decrease from 23.92% to 14.95%, and it is anticipated that the OTC will be
excluded from the equity-method affiliates of Kobe Steel. However, in the event of a significant change in the conditions of the stock
market or other unavoidable circumstances, the sale may be suspended, postponed, or canceled. Reason for the sale: The Kobe Steel
Group (also known as the KOBELCO Group), under the Rolling of the Medium-Term Management Plan announced on May 15,
2019, has set two key themes for fiscal 2019 and 2020, one of which is to make efficient use of management resources with a focus
on capital costs, and is working to improve the efficiency of its capital and assets. As a result of the examination of its shares in OTC,
Kobe Steel judged that it would be possible to improve the efficiency of management resources through the sale of a certain number
of shares and to continue the business and cooperative relationship with OTC, and thus decided to execute the sale.
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LafargeHolcim (Switzerland) announces two bolt-on acquisitions to accelerate
growth in Europe
LafargeHolcim announces the acquisition of Edile Commerciale and the signing
of Cemex Rhone Alpes, both suppliers of ready-mix concrete and aggregates,
ideally located in two of Europe’s largest metropolitan areas, Milan, Italy, and
Lyon, France. With 35 ready-mix concrete plants, these operations strengthen
LafargeHolcim’s position in two of the most dynamic and attractive areas in
Europe, with strong demographic trends and key infrastructure projects. These
two bolt-on acquisitions add to eight similar transactions carried out by
LafargeHolcim in 2020, as a key driver of its growth strategy. ECOPact is the
industry’s broadest range of green concrete, with a reduced CO2 footprint and
recycled content. First launched in Germany in 2020, ECOPact broke new ground
in sustainable building by enabling the construction of a carbon neutral nature
conservation center in Bingen. ECOPact is now broadly adopted across 12
markets worldwide, with Europe leading the way, with broad adoption across
Germany, France, Italy, UK, Poland, and Switzerland.
Executive Commentary
Chief Executive Officer: "I am excited about the growth prospects ahead with
Edile Commerciale and Cemex Rhone Alpes. These two acquisitions are a
perfect fit for our growth strategy, adding to eight other bolt-ons we closed in
2020. They confirm our ambition to revitalize leading cities like Milan and
Lyon, and our vision to support Europe become a net zero region by 2050. To
be a key partner on this journey we launched ECOPact green concrete last
year and I am committed to ensuring its high pace roll-out worldwide. This
year, we have a unique opportunity to accelerate the transition to sustainable
construction with an unprecedented wave of government stimulus packages,
focusing on infrastructure, with Europe at the forefront. I look forward to
being part of the green recovery to build a net zero future."
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Newmont (USA) Announces $1.0 Billion Share Repurchase Program
Newmont Corporation announced its Board of Directors has approved a share
repurchase program for up to $1.0 billion of common equity, to be completed over
the next 18 months. The program will be executed at the Company’s discretion;
utilizing open market repurchases to occur from time to time throughout the
authorization period, and is in addition to Newmont’s industry-leading dividend
framework. Newmont’s capital allocation philosophy balances steady reinvestment
in the business, maintaining financial strength and flexibility, and providing leading
returns to shareholders. Recently, the Company announced an industry-leading
dividend framework, which includes a sustainable base dividend and additional
returns at higher gold prices. The share repurchase program builds on the $1.0 billion
2020 program, which retired 22 million shares at an average price of $45 per share.
Newmont has the strongest and most sustainable portfolio of operations, projects and
exploration prospects in the gold sector. Newmont’s world-class portfolio has
returned more than $2.7 billion to shareholders through dividends and share
buybacks since January 2019.
Executive Commentary
“Our share repurchase program demonstrates the confidence we have in our
world-class portfolio and disciplined operating model to provide
industry-leading returns to our shareholders,” said President and Chief
Executive Officer. “The share repurchase program is among a number of tools
we have the flexibility to deploy to provide the most superior set of returns to
shareholders over time.”
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Severstal (Russia) announces 2021 capital investment programme
PAO Severstal one of the world’s leading vertically integrated steel and steel-related mining
companies, announces its capital investment programme for 2021. Severstal plans to invest
approximately $1.35 billion in 2021, focusing on a number of major projects in its Russian Steel and
Resources divisions, as well as on key focus areas of the Company's strategy, namely, excellent
customer experience, cost leadership and new opportunities. In 2021, Severstal will invest $453
million in the maintenance of its existing facilities and $42 mln in industrial safety system
improvements, labour protection and environmental projects. $124 million will be allocated towards
investments in IT and digital projects, including the ongoing transition of the Company's divisions to
a new generation of the SAP ERP system - the SAP S/4 HANA solution, developing e-commerce, the
automation of production, supply chain management and the implementation of digital tools.
Investments in Severstal’s Russian Steel division in 2021 will amount to approximately $785 million,
of which $469 million will be directed to development projects. The division’s largest projects are the
second stage of the construction of coke oven battery No. 11, bringing blast furnace No. 3 to design
capacity, and also investment in the long-range mill and the heating furnaces. Investments in the
Company's resources enterprises in 2021 will amount to approximately $524 million, $267 million of
which will be used to develop production. One of the most important investment areas for the
Company this year will be the main phase of construction of the Cycle-flow technology complex at
Karelsky Okatysh.
Executive Commentary
CFO of Severstal, commented: “Severstal continues to implement its large-scale transformation
programme, which has enabled us to maintain our global efficiency leadership despite the crisis
in 2020. As usual, in 2021 the majority of investment will be focused on development projects
that will help us to achieve a significant, long-term advantage over our peers in the cost of basic
products, to provide customers with unique solutions and products of guaranteed high quality, and
to increase our steel production volumes and strengthen Severstal’s vertical integration. Blast
furnace No. 3 and coke oven No. 11 will have a significant impact on reducing the cost of steel
production starting this year, and this will help to create additional value for shareholders. Total
investments in 2021 will be comparable to investments in 2020.”
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Sika (Switzerland) Acquires Mortar Manufacturer In Russia
Sika has agreed to acquire Kreps LLC, a leading mortar manufacturer in Russia.
The company offers a wide range of mortar products for interior and exterior
finishing, complementing the existing portfolio and geographical footprint. The
acquired business generates annual sales of CHF 15 million. The transaction is
subject to clearance by the local anti-trust authorities. Kreps is a well-known local
brand with a strong presence in the distribution channels, providing Sika with
improved access to major home centers and builders’ merchants. The
combination of Sika’s technical know-how and direct sales approach with Kreps'
developed distribution network and production base will enable Sika to expand
the local supply chain and better penetrate the market. Kreps operates production
plants in Saint Petersburg and Yekaterinburg, two geographical areas where Sika
has not previously had its own mortar manufacturing. The two modern plants
manufacture a wide range of mortars, mainly tile adhesives, plasters, and floor
leveling compounds. The facilities of Kreps also include a professional training
center and well-equipped production laboratories.
Executive Commentary
"Kreps provides a wide product portfolio and extended geographical footprint
for mortars in the Russian Federation. Together with the enhanced access to
the distribution channel, it gives us a platform to further grow and strengthen
our position in this market. We warmly welcome the Kreps employees to the
Sika team and look forward to a successful joint future." Said Regional
Manager EMEA.
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Smurfit Kappa (Ireland) strengthens its paper sacks business in Latin America
with USD $40 million investment
Smurfit Kappa’s planned expansion and modernisation of its paper sacks business in the Latin
American market continues at pace. As a global leader in paper-based packaging, Smurfit Kappa
is investing USD $40 million in response to growing market trends and the increasing need for
environmentally sustainable paper sacks. With this, and through the continued focus on
innovative technology and design to improve resistance and functionality, the Company is
demonstrating its on-going commitment to the paper sacks market and to its customers in The
Americas. In Colombia, a new Windmoller & Holscher paper sacks machine at its plant in
Palmira is now fully operational. This, representing a USD $9.5 million investment, which was
announced in February 2020, has increased the plant’s production capacity by an additional 100
million multi-ply paper sacks per year, as well as improving the print quality and performance of
the sacks. This new line complements the investment made by the Company in 2018, when it
expanded its paper sacks plant in the Dominican Republic with an investment of USD $10
million. Improved capability will continue in the second quarter of 2021 with an investment of
USD $1 million for the modernisation of Smurfit Kappa´s paper sacks plant in San Jose, Costa
Rica. The acquisition of a state-of-the-art flexographic printer from the Italian brand Expert
Group will optimise the printing offering of this plant to meet the growing demand for high
resolution graphics in the market
Executive Commentary
CEO of Smurfit Kappa The Americas said: “This unprecedented growth and modernisation
plan in the region strengthens Smurfit Kappa's value proposition for our paper sacks
customers, who can trust us as a long-term ally, that has a clear focus on innovation,
efficiency, quality and superior performance, and will continue to support and accompany
them in their growth and sustainability goals.”
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Solutions Updates
Resources Industry
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BHP’s (Australia) Nickel West Kwinana Refinery to reduce emissions from
electricity use by up to 50 per cent
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9
Solution Description
BHP has signed a renewable power purchasing agreement (PPA) to supply up to 50 per cent of its electricity needs at
the Kwinana Refinery from Merredin Solar Farm – the largest in Western Australia. The agreement will help BHP
reduce emissions from electricity use at the refinery by up to 50 per cent by 2024, based on FY2020 levels. The
agreement with Risen Energy is for ten years from 1 February 2021. This will effectively displace an estimated 364,000
tonnes of CO2e over the life of the contract. This is the equivalent of removing 11,200 combustion engine cars from
WA’s roads every year. This is the first renewable energy PPA signed by BHP in Western Australia and follows
renewable agreements covering BHP’s operations in Queensland in 2020 and in Chile in 2019.
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Next industrial scale-up of a CO2 capture technology: LEILAC 2 pilot project
will be located at HeidelbergCement's (Germany) Hanover cement plant
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Solution Description
After very good results from the first project phase, HeidelbergCement is starting the further development and scaling-up of the LEILAC technology
(Low Emissions Intensity Lime And Cement) together with the Australian technology company Calix and a European consortium. After examining
different locations, it has been decided to build the LEILAC 2 demonstration installation for carbon capture at the HeidelbergCement cement plant in
Hanover, Germany. As part of LEILAC 1, a CO2 capture pilot installation with a capture capacity of 25,000 tonnes of CO2 per year was constructed at
HeidelbergCement's Lixhe plant in Belgium in 2017. With LEILAC 2, an installation around four times as large will be operated in Hanover, which will
capture 20% of the cement plant’s capacity, corresponding to around 100,000 tonnes of CO2 per year. The first project design phase is to be completed
by the end of June 2021, and the demonstration installation is expected to be ready by the end of 2023. Including design, construction, commissioning
and extensive testing, the overall project is expected to be completed by 2025. With the patented LEILAC technology, the CO2 released during cement
production can be captured in a highly pure form via a separate waste gas stream and used in another process. Like its predecessor project LEILAC 1,
LEILAC 2 is based on Calix's innovative calciner technology. The project costs amount to €25 million, of with €16 million are coming from the EU
research funding programme Horizon 2020 and €9 million are being provided by the partners of the project consortium. HeidelbergCement's share of
this amounts to €3 million. The project in Hannover will also include preliminary investigations into the use of the captured CO2.
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Hesteel (China): Group boutique special steel supports Xinfengtai Station,
Asia's largest railway station
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11
Solution Description
The group produced the first batch of fine steel sent to customers, the new Fengtai Railway Station for high-speed rail station key project
construction capital key construction projects. In response to the differentiated needs of national key construction projects and high-end
customers, the group has continuously increased technical services and production line support, and customized and developed high-quality
special steel products. In response to the project's special needs for construction materials for key parts, the marketing service team has
in-depth docking with customers, and on the basis of comprehensive analysis of customer material requirements, tailor-made special supply
guarantee programs for them. This solution not only maintains the special performance of the steel plate, but also satisfies the customer's
product elongation and internal special element content far exceeding the national standard. At the same time, ensure that the delivery status,
inspection plan and acceptance level of steel plates have reached the international leading level. Xinfengtai Station is the first large-scale
passenger station in my country that uses high-speed and normal-speed passenger depots to overlap. After completion, it will become the
largest railway station in Asia, significantly alleviating the transportation pressure of Beijing West Railway Station, and will integrate the
Xiongan New Area and Beijing-Tianjin-Hebei Construction provides transportation support.
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MMK (Russia) puts cloud-based procurement system into commercial
operation
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Solution Description
Magnitogorsk Iron and Steel Works (MMK) widely employ advanced procurement practices. Currently, MMK is implementing a self-service cloud procurement system based on Oracle Self
Service Procurement Cloud. The commissioning of the cloud-based procurement system will allow MMK and its subsidiaries to simplify, speed up and reduce the cost of procurement. With
the help of the Oracle Self Service Procurement Cloud, authorised users will be able to self-order the products that they need. This is one of the largest projects for the implementation of Oracle
Cloud Applications in Russian industry. The introduction of a cloud-based self-service procurement system will allow MMK to further reduce labour and administrative costs for the purchase
of equipment, goods and auxiliary materials thanks to up-to-date information on the availability of goods from suppliers directly from online stores and through the application of best
international practices. The use of the self-service procurement system gives MMK the following key advantages:
• Mproved end-user experience with minimal training required;
• Accurate fulfillment of contract terms by formalising the list of suppliers;
• Compliance with the procurement process through the built-in procurement approval business processes;
• Reduced support costs and reduced maintenance costs;
• Fast identification and resolution of end-user issues.
Thanks to Oracle Self Service Procurement Cloud, MMK's structural divisions can independently purchase goods while centralised control is maintained. Employees have access to a
convenient, intuitive user interface, with which they can easily find the necessary products and create a shopping cart. This increases the efficiency of procurement processes by boosting user
engagement, expanding collaboration opportunities and simplifying, standardising and automating routine transactions. The implementation of this project was carried out remotely with all
the project’s participants interacting in online mode. Improving business efficiency is a priority area for MMK as part of the implementation of its Industry 4.0 strategy.
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Getting vaccinated with the help of My MMK (Russia) mobile app
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Solution Description
Magnitogorsk Iron and Steel Works (MMK) have implemented a unique solution for MMK Group employees to sign up to be vaccinated against
COVID-19 using a specially developed programme in the My MMK mobile application. The programme allows users to make a request to be
vaccinated against coronavirus infection easily and quickly using the mobile application. Via the app, users can make an appointment to test their
eligibility for the vaccine and apply to be vaccinated. The employee can choose a convenient place, date and time for their appointment and send
an electronic request for that appointment using their mobile device. Testing is conducted by 17 health centres located on MMK territory. Based
on the results of the comprehensive test analysis, the employee will receive an SMS notification with an invitation to be vaccinated and a position
in the electronic queue. Employees can then select the place, date and time for their first dose of the vaccine using the special Vaccination
programme in the mobile app. The programme allows employees to plan the location and timing of the necessary procedures to get vaccinated
without long calls and in-person queues. The programme also allows for improved planning efficiency for the health centres and polyclinics
involved in conducting testing and vaccinations of MMK Group employees. The Vaccination programme in the My MMK app was jointly
developed by MMK-Informservice, the MMK Department for Labour Protection and Industrial Safety and the Central Clinical Health Unit.
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MMK (Russia) improves budgeting system with help from IBM solutions
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Solution Description
PJSC Magnitogorsk Iron and Steel Works (MMK) have upgraded its analytics and budgeting capabilities. With help from GMCS, an IBM business partner,
the Company has successfully implemented a new budgeting system based on IBM Planning Analytics that receives input from 400 staff. The project's
strategic goal is to combine MMK Group's large companies into a single budgetary framework. This will help to significantly reduce planning time and allow
for budget recalculations, resulting in an optimised process which takes into account the volatility of the raw materials and metal products industries. MMK
launched the project in 2019 and put it into commercial operation in Q4 2020. The system introduces a full budgeting loop, integration with the Oracle-based
ERP system, and a system which optimises production and economic planning. The system currently covers the budgeting processes of almost all the major
companies in MMK Group. IBM Planning Analytics, powered by TM1®, is an integrated planning solution that makes use of artificial intelligence,
automation, and forecasting capabilities to allow businesses to quickly, easily and more precisely calculate financial transactions, sales, supply chains and
much more. By choosing and implementing IBM Planning Analytics as a new budgeting solution, the joint MMK-GMCS project team specialists have
significantly expanded the functionality of the Group’s budgeting system, with input coming from an increased number of staff. The implementation of this
project represents another step towards the development of MMK's analytical applications based on IBM Planning Analytics. In 2015, with the help of
GMCS, MMK introduced financial planning and consolidations systems based on IBM Planning Analytics. In addition, a system enabling the automatic
collection of actual reports was installed, based on IBM Congos Controller. All three systems conform to IFRS accounting standards.
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Nornickel (Russia) to Develop LNG Plant
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Solution Description
Nornickel’s management has taken the decision to develop a project to produce liquefied natural gas (LNG) on the site of the company’s former Nickel plant. This
initiative is part of a large-scale comprehensive environmental programme implemented by Nornickel. By producing LNG the company will transfer heavy mining
equipment to dual-fuel consumption, such as diesel and LNG. Nornickel is currently developing the technical scope of the LNG plant. A pilot project to re-equip
dump trucks for dual-fuel operation using LNG is also underway. Trials have been scheduled for the second half of 2021. Four BelAZ mining dump trucks have
been chosen and their engines will be upgraded to operate in diesel and LNG modes. The trucks will be tested at the open pit of the Zapolyarny Mine at the
Medvezhy Ruchey enterprise. The trials have been designed to identify whether it is possible to replace 40% of diesel fuel with LNG. Experts estimate that the
application of this new technology will significantly reduce emissions of carbon monoxide and dioxide, nitrogen oxides, sulphur oxide and dioxide, as well as
carbon. Consequently, levels of gas accumulation in the quarry will decrease. Replacing diesel fuel with LNG minimises the cost of fuel for mining equipment,
which will result in reduced transportation costs per tonne of overburden/ore. Following the outcome of the trial, the decision will be made whether to re-equip the
entire fleet of dump trucks used in the development of the quarry. This covers a fleet of approximately 30 vehicles. The decision to re-equip mining dump trucks
used for other large-scale projects, such as the extraction of limestone from the Verkhnaya-Tomulakhskaya area as part of the Company’s Sulphur Programmed,
will also be revised.
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Novolipetsk Steel (Russia): Stoilensky launches new logistics scheme for
open-pit mining
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Solution Description
Stoilensky Mining and Beneficiation Plant, an NLMK Group company, has introduced a new hauling scheme at its
open-pit mine. This large-scale project has enabled shortening the raw material hauling distance to the beneficiation
facilities by 5 km (from 13 km to 8 km). In addition, it has opened up the promising northwestern mining direction.
Since the launch of the construction works in 2017, 60 infrastructural facilities were built: three railway stations, eight
railway junctions, overpasses, power generation facilities, a road, rail tracks, railroad switches, overhead lines, central
interlock and communication systems, etc. By improving the throughput capacity of major railway nodes in the mine,
the new logistics scheme will increase ore supplies to the primary crushing facility by 2% to approximately 140,000
tonnes per day. The total cost of the project exceeded RUB 8 billion.
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Novolipetsk Steel (Russia): NLMK Group to open centre for 3D printing
of spare parts
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17
Solution Description
NLMK Lipetsk has signed a contract for equipping a new 3D printing centre that will be used to manufacture spare
parts for operating equipment. The project will enable annual savings of close to RUB 200 million on the procurement
and supply of spare parts for the Lipetsk site and other NLMK Group companies. The center's 3D printers will
manufacture molds for casting parts using material jetting technology by applying powder and gluing it with a binder.
Previously, such molds would be made with wooden patterns. Digital simulation will make it possible to manufacture
shapes of any geometric complexity and check them for defects before casting, as well as reduce the lead time to
several hours. Successful 3D printing tests, in particular, with molds for casting blast-furnace tuyeres, preceded the
decision to set up a 3D printing center. It will start off by producing about 150 different types of spare parts.
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Novolipetsk Steel (Russia): NLMK to boost order accuracy using digital
production planning
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18
Solution Description
NLMK Group has started commercial operation of a digital solutions package for production planning at its Lipetsk
site. It will improve the accuracy of customer order fulfillment, ensure tracking transparency, and increase production
productivity. The all-in-one digital platform integrates order acceptance, setting order fulfillment deadlines, calendar
planning and production scheduling. Upon receiving a new order, the system automatically calculates the execution
time taking into account capacity utilization and optimal equipment operation schedules, among other factors. The
system will be integrated with the NLMK.shop personal account: NLMK customers will be able to track order status
and location in real time.
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POSCO (South Korea) Launches Autopos’ – An Integrated Brand of
Eco-Friendly Vehicles
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19
Solution Description
POSCO held the launch event of ‘e Autopos’, an integrated brand of eco-friendly automotive products and solutions, with clients. ‘e Autopos’ is the second
integrated brand of products and solutions of POSCO following ‘INNOVILT’, its premium brand of steel products for construction launched in 2019. e Autopos
is a combination of the words eco-friendly and electrified AUTOmotive solution of POSco, and it intends to pioneer the eco-friendly automotive market through
innovation that comprises eco-friendliness, collaboration synergy, and future orientation. The main products of the ‘e Autopos’ brand include high-strength steel
plates for automotive bodies and chassis, steel for battery packs, energy-efficient steel plates for motors, metal separators for hydrogen EVs, and cathodes & anodes
for secondary battery materials. POSCO plans to incorporate the capabilities within group companies, including POSCO Chemical, POSCO International, and
POSCO SPS, to provide steel products for eco-friendly automotives and secondary battery material products, and customized application solutions for clients as a
whole package. In response to the rapid changes of the automotive market triggered by carbon neutrality and the hydrogen society, POSCO established an
eco-friendly automotive sales division in 2019 and launched the brand this year to stay ahead in the eco-friendly automotive market and expand sales. The market
for eco-friendly automotive, like electric vehicles and hydrogen vehicles, is expected to grow from 6 million units in 2020 to 39 million units in 2030, and the
market of related materials is also predicted to show rapid growth alongside. POSCO plans to add the ‘e Autopos’ category to its official website to provide
information regarding products and customized application solutions. The company also plans to co-develop eco-friendly automotive with clients adopting ‘e
Autopos’ and conduct joint marketing by participating in exhibitions together.
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Rio Tinto (UK) enters scandium market with construction of new plant in
Canada
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20
Solution Description
Rio Tinto will become the first producer of high-quality scandium oxide in North America, with construction of a new commercial scale
demonstration plant underway at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. RTFT expects to begin
commercial supply of scandium oxide in the second quarter of 2021. With its world-class aluminium business, Rio Tinto is also well positioned to
produce aluminium-scandium alloys to meet customer’s needs. Rio Tinto is investing US$6 million for the construction of a first module in the
plant, with an initial capacity to produce three tonnes of scandium oxide per year, or approximately 20% of the current global market. The
Government of Quebec is contributing approximately US$650,000 to the project through the Quebec Plan for the Development of Critical and
Strategic Minerals. The new plant will have the ability to add further modules in line with market demand. RTFT developed an innovative process
it has proven at pilot scale to extract high purity scandium oxide from the waste streams of titanium dioxide production, without the need for any
additional mining at its ilmenite mine in Havre-Saint-Pierre, Quebec. Scandium oxide is used to improve the performance of solid oxide fuel cells,
which are used as a power source for data centres and hospitals, as well as in niche products such as lasers and lighting for stadiums or studios. It
is also used to produce high-performance aluminium-scandium master alloys for the aerospace, defence and 3D printing industries.
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Smurfit Kappa (Ireland) unveils innovative new packaging portfolio for
online beverage market
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21
Solution Description
Packaging leader Smurfit Kappa has launched a new range of eBottle packaging solutions for the rapidly growing online beverage and liquids
market. The new portfolio includes a variety of sustainable solutions for single and multi-pack products, including the Rollor bottle pack, BiPack,
and Pop-up insert. The surge in e-commerce due to the Covid-19 pandemic is evident across all sectors and the beverage market has also seen a
significant impact. In particular, online sales for alcoholic beverages has increased by 34% in Europe driving a demand for sustainable, durable
and consumer friendly packaging that protects the product during shipment. Key challenges for the beverage e-commerce channel are product
damage, sustainability, consumer experience and the ability to accelerate growth using the right packing processes. Consumer research carried out
by Smurfit Kappa also shows consumers are continuing to push for higher standards. Smurfit Kappa also offers a host of automated solutions to
optimise packaging processes in addition to the eBottle range. The launch of this new product portfolio is the latest addition to its range of Better
Planet Packaging, designed to be more sustainable and coming from a renewable and recyclable raw material. Businesses are already benefitting
in the alcoholic beverage segment. InterDrinks is an eMerchant selling more than 2,500 different types of beers and beer products. Smurfit Kappa
introduced a flexible and unique packaging solution that accommodates all the various sized products sold by InterDrinks. It also includes
automated assembly that mounts the packs as required.
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UPM (Finland) Biomedicals fights cancer with GrowDex®
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22
Solution Description
UPM Biomedicals joins the fight against cancer with a wood-based hydrogel, GrowDex®. The hydrogel made of birch and water supports cell growth by
mimicking the natural growth environment of human cells. By growing cancer cells researchers are able to study the biology of cancer, model the progression of
the disease and search for more effective drugs. GrowDex is typically used in academic research and research programs of private research institutes, as well as in
their joint projects with pharma and biotech industries. UPM Biomedicals is currently involved in 60 different collaborative projects and holds more than 300
patents in the field securing the future. The relatively quick acceptance of birch nanofibrillar cellulose products such as GrowDex hydrogel comes as no surprise,
when you think about it. Cells grow three-dimensionally in the hydrogel, so their behaviour mimics the unique conditions of the human body better than traditional
2D culture on a flat Petri dish. Another important benefit is that GrowDex’s composition does not vary. Researchers can rely on the results of the cell experiments
when they know that the variation in cell responses comes from the tested drugs and not from the gel. Moreover, unlike traditional products, GrowDex does not
contain any animal-derived DNA that could hamper DNA sequencing. The significance of this feature is highlighted by product ethics that is increasingly
important for a growing number of researchers. The results obtained with advanced 3D cell assays can better predict the drug performance in reality which isn’t
revealed until after years in the clinical tests with patients. The time of drug development is shortened and much dreaded failures in later, more expensive,
development stages can be avoided. The versatile GrowDex gels are suitable both for the study of an individual case of cancer in academia as well as for massive
drug studies in pharma, where thousands of different drugs can be tested on human cells automatically using laboratory robotics.
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Rewards & Recognition
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30. R & R Updates
IT Shades
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"point 0 marunouchi" Becomes First Coworking Office in Japan to Obtain
Gold Level in WELL Certification
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23
A company funded by Daikin Industries, Ltd., has recently obtained a gold level rating from WELL Certification for "point 0
marunouchi," the coworking space that it operates. This marks the first time that a company in Japan has received WELL Certification
for a coworking office. Attainment of this certification is the realization of the investment made in point 0 Inc by Daikin Industries,
Okamura Corporation, and Life Solutions Company, Panasonic Corporation and leverages the know-how, technologies, and products of
these three companies in the diverse fields of expertise of air quality and air environment engineering, furniture, and lighting. WELL
Certification is a performance verification system for office spaces that aims to create better living environments by adding the aspect of
"human health" in building design, construction, and management of spatial environments. Based on a composite evaluation score, the
rating is determined for one of three certification levels: Platinum, Gold, and Silver. WELL Certification was launched in 2014 by the
public-benefit company WELL Building Institute (IWBI), which is based in the United States. In 2018, IWBI revised the evaluation items
and standards with the release of its WELL v2 (version 2) pilot. The new version evaluates projects based on 10 concepts: air, water,
nourishment, light, movement, thermal comfort, sound, materials, mind, and community.
R&R Description
31. R & R Updates
IT Shades
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Hesteel (China): The group's first project achievement won the highest
award in the field of environmental protection in my country
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The China Environmental Protection Industry Association in Beijing through a combination of online and offline mode, organized the "ultra-low
emission multi-function steel flue gas coupling key technology and application" technology by the Beijing University of Technology Group, joint and
other units jointly completed the At the results appraisal meeting, the experts at the meeting finally unanimously appraised that the results have reached
the international leading level. The project provided technical support and demonstration leadership for ultra-low emissions in China's steel industry,
and won the first prize of the 2020 Environmental Protection Science and Technology Award. In response to the demand for ultra-low emissions of flue
gas and by-product resources in the iron and steel industry, the project has developed key technologies such as catalytic purification, collaborative
absorption, integrated adsorption, energy efficiency utilization, and by-product resources, and developed catalysts, gel materials, and adsorption The
three types of functional materials have constructed a multi-functional coupling ultra-low emission technology system for the coordinated treatment of
pollutants, efficient use of energy and by-product resources, and achieved ultra-low emission of pollutants in the steel industry, and the comprehensive
utilization efficiency of low-grade waste heat increased by 40% Above, solid waste is reduced by more than 50%, and environmental, social and
economic benefits are significant. It is understood that the first prize of the 2020 Environmental Science and Technology Award of the Chinese Society
of Environmental Sciences is the highest award in the field of environmental protection in China.
R&R Description
32. R & R Updates
IT Shades
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Hesteel (China): One product of the group won the "2020 China Iron and
Steel Industry Product Development and Market Development Award"
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Recently, the review results of the 2020 China Iron and Steel Industry Product Development Market Development Award were announced, and the product
"High-strength, complex-formed low-alloy wear-resistant steel for road machinery of Hegang Handan Iron and Steel Group" was selected. This product breaks the
monopoly of foreign high-end wear-resistant steel products by virtue of international leading quality and performance indicators. A total of 10 products in the
national metallurgical industry were awarded this time. "High-strength, complex-shaped low-alloy wear-resistant steel for road machinery of Hegang Handan Iron
and Steel Group", successfully developed three types of characteristic products, including a new generation of lightweight, high wear resistance, and complex
shaped high-end characteristic wear-resistant steel for road machinery, The world’s first " 1100MPa high-strength, 360- degree rolling ring round forming, long
welding" road roller wear-resistant steel, and wear-resistant steel used in special environments such as extreme cold areas, gravel frozen soil, acid and alkali, high
temperature, etc. Steel products. The research and development of this product has made major breakthroughs in the fields of 1100-2000MPa martensitic
wear-resistant steel complex processing and forming, welding technology, etc., and developed "multi-stage quenching cooling process", "clean steel smelting +
penetration rolling + temperature controlled quenching technology", "Diffuse carbonitride precipitation particle strengthening technology" and many other key
core process technologies with independent intellectual property rights have played a significant role in promoting the application of high-end wear-resistant steel
in China and the expansion of forming methods. Relying on the international advanced level of physical quality And performance indicators, products replaced
imports, successfully breaking the monopoly of European high-end wear-resistant steel products.
R&R Description
33. R & R Updates
IT Shades
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Hesteel (China): Seventeen products of the group were awarded the “Golden Cup Quality
Products” for the physical quality brand cultivation of metallurgical products in 2020
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26
The China Iron and Steel Industry Association released the 2020 list of products for the physical quality brand cultivation of
metallurgical products, and 17 products of the group were awarded the annual metallurgical product physical quality brand
cultivation "Golden Cup Quality Products". The 17 products approved as "Jinbei Quality Products" are: continuous hot-dip
galvanized non-interstitial atomic steel strip DX56D+Z ; hot-rolled steel strip 700L for automobile structure ; high-strength cold-
rolled steel strip HC340LA for automobile ; cold heading and cold rolled steel rod 10B21 ; low-alloy hot-rolled angle Q420B,
Q420C ; low-alloy hot-rolled angle Q355B ; prestressing steel strand with the hot rod and of SWRH82B ; low alloy hot-rolled
steel with Gr50-11 ; quality carbon steel strip 65Mn ; prestressed concrete steel screw PSB830 ; steel welding wires the H08A ;
construction plate Q345GJC ; pressure vessel with high strength steel quenched 07MnNiMoDR ; boilers and pressure vessels
Steel plate Q345R ; hot-rolled round steel AISI 4145H for oil drilling tools ; high-quality carbon structural steel hot-rolled round
steel S48, S53 for automobile constant velocity universal joints ; spring steel hot-rolled round steel 55Cr3 for car stabilizers.
R&R Description
34. R & R Updates
IT Shades
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Teck (Canada) Named to 2021 Global 100 Most Sustainable Corporations
List
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27
Teck Resources Limited has been recognized as one of the 2021 Global 100 Most Sustainable Corporations by
Corporate Knights. The Global 100 companies are selected from all publicly traded companies with annual revenues
of $PPP-currency $1 billion or more. Companies were evaluated based on a range of sector-specific sustainability
metrics, such as clean revenue percentage, water, energy and carbon productivity, and safety performance, as well as
board and executive diversity. Teck has also been named one of the Best 50 Corporate Citizens by Corporate Knights
and is the industry leader in the Metals and Mining industry on the Dow Jones Sustainability World Index (DJSI).
Sustainalytics ranks Teck first in the Diversified Metals and Mining category. Teck is also currently listed on the MSCI
World ESG Leaders Index, FTSE4Good Index, Bloomberg Gender Equality Index and Jantzi Social Index.
R&R Description
35. R & R Updates
IT Shades
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UPM (Finland) Raflatac achieves APR Critical Guidance Recognition for
HDPE container label materials
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28
UPM Raflatac is pleased to announce that the Association of Plastic Recyclers (APR) has recognized its PE and PP
pressure sensitive label materials with general purpose acrylic adhesive for high-density polyethylene (HDPE)
containers as meeting or exceeding the most strict APR HDPE Critical Guidance criteria for recyclability. Achieving
this Critical Guidance Recognition is an important step in UPM Raflatac’s ongoing quest to label a smarter future
beyond fossils. These white and clear PP and PE label materials combined with multipurpose acrylic adhesives are part
of UPM Raflatac’s SmartCircle™ portfolio of labeling materials that enable recyclability of packaging and promote
the circular economy. The Critical Guidance Recognition means the label materials are proven to be compatible with
standard HDPE container recycling practices. They are suitable for a variety of end-uses, including food and home and
personal care.
R&R Description
36. R & R Updates
IT Shades
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Corporate Knights recognises UPM (Finland) on the 22nd place among the
100 most sustainable corporations
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29
UPM has been ranked on the 22nd place in the list of 100 most sustainable corporations by the Canadian-based media and research
company Corporate Knights. UPM is among the 28 Global 100 companies that have signed the UN Business Ambition for 1.5°C. The
company is committed to reducing its CO2 emissions, practicing climate-positive forestry and innovating sustainable alternatives to
fossil-based products. Global 100 companies earn higher share of their revenues from products or services aligned with the UN
Sustainable Development Goals, compared to their peers. As one of the UN Global Compact LEAD companies, UPM has recently
put major efforts on integrating the SDGs into its product development processes. Our innovations create value and business
opportunities that go beyond fossils. Corporate Knights analysed some 8,080 companies with revenues more than USD 1 billion. The
Global 100 Index uses sustainability indicators, such as clean revenues and the percentage of investments with beneficial
environmental or social impacts. This year’s ranking included also several new performance indicators that reflect social concerns.
In regional terms Europe dominated, occupying 41 positions in this year’s ranking. The Nordic countries in particular continued to
punch notably above their weight.
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Customer Success
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38. Customer Success Updates
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Hesteel (China): One of the group's technologies was selected into the
national green technology promotion catalog
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30
The National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the
Ministry of Natural Resources have jointly compiled and issued the "Green Technology Promotion Catalog ( 2020 )". "Control Coupling Technology" was
successfully selected. The successful selection of this technology plays an important role in promoting the Group's technology promotion and technology output,
and provides technical support for the green development of the steel industry. The "Green Technology Promotion Catalog ( 2020 )" covers five categories of
energy-saving and environmental protection industries, clean production industries, clean energy industries, ecological environment industries, and green
infrastructure upgrades, totaling 116 green production technologies. Provide technical support for the country to promote the comprehensive green transformation
of social and economic development, win the battle against pollution, and achieve the goal of "carbon peak" and "carbon neutrality". The Group has always adhered
to the concept of "ecology first, green development", implemented a series of key energy saving, emission reduction and pollutant control projects, constructed a
green model with both economic and social benefits, and achieved industry-leading energy and environmental protection indicators. The "Multi-pollutant
Ultra-low Emission Control Coupling Technology for Key Processes in the Iron and Steel Industry" developed by the Group deeply integrates two key
technologies, energy saving and pollutant emission reduction, to achieve ultra-low emission standards for conventional pollutants and dioxins in flue gas. The flue
gas volume and CO emissions are reduced by more than 20%, which greatly reduces the operating cost of subsequent environmental protection equipment; at the
same time, it can reduce the fuel consumption of sintered solids by 6.3%-10.8%, and the comprehensive treatment cost of pollutants is only 12-15 yuan /t.
Description
39. Customer Success Updates
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Polyus (Russia) Switches 90% of Its Energy Consumption To Renewables
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31
PJSC Polyus announces that an agreement for the supply of environmentally friendly electricity generated by the Sayano-Shushenskaya
hydropower plant to Polyus’Krasnoyarsk Business Unit has been signed with PJSC RusHydro, a major Russian hydroelectricity supplier.
The agreement assumes the provision of approximately 1 billion kWh of energy to KBU in 2021. Once supplies under this contract
commence, 100% of the electricity consumed by Polyus’ largest producing assets, Olimpiada and Blagodatnoye, will be renewable.
Based on this estimate, KBU expects to reduce greenhouse gas (“GHG”) emissions in 2021 by almost half, while company-wide GHG
emissions may decrease by a third compared to the previous year. As a result, up to 90% of the electricity demand of the Company’s
operating assets will now be met by renewable sources. The agreement will cover the period until December 31, 2021, with the possibility
of an extension. In 2020, Polyus and RusHydro signed a five-year bilateral agreement for the sale and purchase of electricity produced
by hydroelectric power plants on the territory of a technologically isolated electric power system in the Magadan region. The volume of
electricity supplied under this agreement is greater than 300 million kWh per year.
Description
40. Customer Success Updates
IT Shades
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Riotinto (Russia): NZAS reaches deal with Meridian to extend operations
to 2024
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32
Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter to
continue operating the Tiwai Point aluminium smelter until December 31, 2024. The extension provides certainty to employees, the local
community and customers while providing more time for all stakeholders to plan for the future. While discussions with the New Zealand
government are progressing in relation to their commitment to address the smelter’s high transmission costs, a new agreement has been reached
with Meridian Energy in relation to power prices, making the smelter economically viable and competitive over the next four years. The extension
also provides time for detailed closure studies to be completed and for NZAS to support the government and Southland community in planning for
the future. Plans for eventual closure of the Tiwai Point smelter will include extensive stakeholder consultation, including within the Southland
community and reflect the company’s robust closure and remediation standards. In July 2020, Rio Tinto announced the conclusion of a strategic
review of the smelter and a decision to wind down operations by August 2021 due to high energy and transmission costs. NZAS is a joint venture
between Rio Tinto (79.36%) and Sumitomo Chemical Company Limited (20.64%). It employs around 1000 people directly and creates a further
1600 indirect jobs in Southland. This announcement is authorised for release to the market by Rio Tinto’s Group Company Secretary.
Description
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Partner Ecosystem
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42. Partner Ecosystem Updates
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BHP (Australia) partners with JFE to address decarbonisation in the steel
industry
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BHP has signed a memorandum of understanding (MOU) with leading Japanese steel producer, JFE Steel, to jointly study technologies and pathways
capable of making material reductions to greenhouse gas emissions from the integrated steelmaking process. BHP is prepared to invest up to US$15
million over the five-year partnership, which builds on the strong history of technical research and collaboration between the two companies. BHP’s
investment will be funded under its US$400 million Climate Investment Program, set up in 2019 to coordinate and prioritise projects, partnerships,
R&D and venture investments to reduce Scope 1, 2 and 3 emissions, invest in offsets and support development of technologies with the highest potential
to impact change. The JFE-BHP partnership will focus on the role of Australian raw materials to help to increase efficiency and reduce emissions from
the blast furnace and direct reduced iron (DRI) steel making routes. The partnership intends to study the properties of raw materials, with focus on
specific areas such as iron ore pretreatment, use of enhanced iron ore lump, high quality coke and DRI, required to decrease iron and steelmaking
emissions and support a transition to a low carbon future. Throughout the collaboration the two companies will also share knowledge on reducing
carbon emissions across the steel value chain. This JFE-BHP partnership follows other BHP investments to support the reduction of value chain
emissions, including up to US$35m for the collaboration with China’s largest steelmaker, China Baowu, and awarding BHP’s first LNG-fuelled
Newcastlemax bulk carriers contract, with the aim to reduce CO2-e emissions by 30% per voyage.
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Vow ASA and Arcelor Mittal (Luxembourg) join forces to build biogas plant
in Luxembourg
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Specialist provider of technology for decarbonizing industry Vow ASA, has signed a strategic memorandum of understanding with ArcelorMittal, the
world’s leading steel and mining company, to work on a project to build a biogas production plant that will reduce CO2 emissions produced during the
steelmaking process. Vow subsidiary ETIA and ArcelorMittal Europe – Long Products, a leader in the production of sections, sheet piles, rails and
quality wire rod, will work together to build the first dedicated biogas plant for the steel industry, using ETIA’s pyrolysis technology, at ArcelorMittal
Rodange in Luxembourg. ArcelorMittal Rodange specializes in the production of grooved rails, supplying major rail projects around the world. The two
companies will cooperate on engineering, business models and financing, and aim to have the Rodange biogas plant operational in 2023. The biogas
will be made using Vow’s patented ‘Biogreen’ pyrolysis technology, which involves heating sustainable biomass at high temperatures. The gases
emitted during this process are then captured and processed into biogas, which will directly replace the use of natural gas in the Rodange plant’s rolling
mill reheating furnace. By-products such as bio-coal will also be created during the process, and re-used within ArcelorMittal, directly replacing the use
of coal. The Rodange biogas plant will be ETIA’s first industrial-scale pilot project for this specific application, and the intention is for similar plants to
be built in Europe, thereby increasing the CO2 emissions saved from replacing the use of natural gas.
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Glencore (Switzerland) strengthens cobalt partnership with FREYR
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35
Glencore International AG (Glencore) and FREYR are pleased to announce that they have agreed a letter of intent for
the supply of up to 3700 tonnes of high purity cobalt metal cut cathodes produced at Glencore’s Norwegian operations,
Nikkelverk. This ethically sourced cobalt will be a core component in FREYR’s lithium-ion battery (LIB) cells, which
will be produced at planned facilities in Mo i Rana, Norway. Glencore has also purchased an equity stake in FREYR
through its business combination with Alussa Energy Acquisition Corp, a special purpose acquisition company listed
on the New York Stock Exchange. The combined company will be named FREYR and its common stock is expected
to start trading on the NYSE upon closing, expected in the second quarter of 2021.
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Grasim Industries (India): Birla Cellulose and Nanollose File Joint Patent for
High Tenacity Lyocell
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Birla Cellulose, part of the Aditya Birla Group and one of the world’s largest man-made cellulosic fibre producers, is pleased to announce that it has
filed a joint patent application with Nanollose for a high tenacity lyocell fibre made from bacterial cellulose. The patent application, entitled High
Tenacity Lyocell Fibres From Bacterial Cellulose and Method of Preparation Thereof, represents a major advancement over Nanollose’s previous
viscose versions of nullarbor™ and nufolium™. Using the lyocell process, a team of fibre experts at Birla Cellulose, Pulp and Fibre Innovation Centre
have produced nullarbor fibre that is finer than silk and significantly stronger than conventional lyocell that is traditionally produced from wood pulp.
Lyocell is a form of rayon, made using a closed loop process with low demand on chemical and water usage and low waste generation. This makes it
very environment-friendly and brings with it an elevated demand from clothing brands. Lyocell is widely used in textile and nonwoven applications and
has become popular due to a number of desirable strength and comfort characteristics. Furthermore, the combination of the Nanollose’s Tree-Free
cellulose, along with Birla Cellulose’s closed-loop lyocell production process, could potentially make this Tree-Free lyocell one of the most
eco-friendly and sustainable fibres available. The joint patent application strengthens the intellectual property portfolio of both companies and provides
protection for this innovative Tree-Free fibre technology. The nullarbor™ lyocell fibers are produced using feedstock from industrial and agricultural
organic waste.
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LafargeHolcim (Switzerland) and Schlumberger New Energy explore Carbon
Capture and Storage Solutions
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37
LafargeHolcim and Schlumberger New Energy will explore the development of Carbon Capture and Storage solutions.
The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in
Europe and North America, using Schlumberger’s carbon sequestration technologies. This innovative partnership
paves the way for both companies to make strong inroads in carbon solutions. This collaboration is a step towards
developing a blueprint for large-scale deployment of Carbon Capture and Storage solutions in transformational sectors.
Schlumberger New Energy is partnering with leaders in a range of strategic sectors to demonstrate carbon solutions
across a wide range of projects. LafargeHolcim is piloting more than twenty Carbon Capture projects across Europe
and North America to identify the most promising ventures with scale-up potential.
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Joint statement from PKKP and Rio Tinto (Russia)
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38
Rio Tinto accepts that it should have communicated the recent executive changes to the PKKP in a more collaborative
way. PKKP understands that the PKKP relationship is owned by the Chief Executive Iron Ore and as interim Chief
Executive Ivan Vella held this accountability in an acting capacity. PKKP took a different perspective from the joint
board meeting in November. The PKKP acknowledges that it was not the intention of the Rio Tinto Chairman to
mislead the PKKP Board and Elders at the joint board meeting. The joint Board meeting remains a seminal event in the
relationship rebuild. We jointly recognise that in any relationship mistakes are going to be made and it is how we work
through these that informs the strength and depth of the ongoing relationship. Both PKKP and Rio Tinto recognise that
progress has been made and are equally committed to building on this momentum. Senior representatives from PKKP
and Rio Tinto have had extensive dialogue on these issues, and this will continue in a respectful and direct manner.
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UPM (Finland) joins PEFC as an international stakeholder
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39
After many years of collaboration and joint efforts to promote sustainable forest management, UPM-Kymmene has been
accepted as PEFC’s international stakeholder member. PEFC (The Programme for the Endorsement of Forest Certification)
is an international organisation with the main focus of endorsing national forest certification systems to ensure the verifiable,
sustainable use of forests. Alongside UPM joining as an international stakeholder member, Turkey and Bosnia and
Herzegovina were welcomed as new national members. PEFC now totals 55 national members across six continents and 31
international stakeholder members. For many years UPM has been an active force in the field of sustainable forest
management. UPM’s forests are PEFC-certified (PEFC/02-21-17) and the company has been actively developing PEFC at a
national level in many countries. It was therefore time for UPM to become a PEFC stakeholder member to further its fields
of influence, says Inka Musta, Senior Manager of Global Forest Affairs at UPM. Musta was also present at the General
Assembly and had the opportunity to thank PEFC for the membership.
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Environment & Social Updates
Resources Industry
50. Environment & Social Updates
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Anglo American (UK) Contributes Up To Us$30 Million Towards Global
Covid-19 Vaccine Roll-Out
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40
Anglo American is making available up to US$30 million of support towards the global roll-out of Covid-19 vaccines across its operational footprint. The nature of the
contribution, consisting of cash and in-kind support, will differ by country based on the vaccine deployment models being adopted by, and the needs of, each country.
Anglo American’s support is expected to include contributions towards the procurement of vaccines by host governments, as well as logistical support and health and
other infrastructure required to facilitate the efficient roll-out of vaccines. In South Africa, Anglo American will support the national Covid-19 vaccine programme – led
by the government – by allocating US$10 million (c. ZAR150 million) of the company’s global support commitment. This contribution of cash and in-kind support
includes:
• The purchase of vaccines via South Africa’s Solidarity Fund;
• Logistical support in the form of transportation and storage to help ensure safe and efficient vaccine delivery;
• The use of Anglo American’s operational health facilities and health professionals – in the regions of the Northern Cape, Limpopo, North West and Mpumalanga – to
help administer vaccines to our more than 45,000-strong workforce, their families and our host communities; and
• Training community health workers to assist in administering vaccines.
Anglo American is working with the authorities in each of the countries where it operates to best assist vaccine roll-out efforts. Through its contributions, Anglo
American is committed to the fair and equitable distribution of vaccines.
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51. Environment & Social Updates
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EVRAZ (UK) opens COVID–19 treatment facility at Vladislav Tetyukhin
Centre in Urals region
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41
EVRAZ opened a COVID-2019 treatment facility for its employees at the Urals Vladislav Tetyukhin Medical and
Rehabilitation Centre. Put into operation in December 2020, the facility is fully equipped to treat COVID-2019 patients
and can admit up to 25 people. To equip the facility, EVRAZ financed acquisition of ventilators, a fibre-optic
bronchoscope, a defibrillator, 25 oxygen humidifiers, and an Airvo2 machine with a supply of consumables to treat
breathing disorders and facilitate transition from artificial lung ventilation to oxygen therapy. The facility has two
areas, one for the medical personnel and one for the patients. Doctors and nurses work in weekly shifts; catering is
provided to them in disposable containers. Over 40 employees of EVRAZ NTMK and EVRAZ KGOK have been
treated at the facility; setting up a post-COVID-2019 rehabilitation centre is currently contemplated. The Urals
Division operates a hotline for employees who are being treated for the novel coronavirus, both as in- and out-patients.
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52. Environment & Social Updates
IT Shades
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NLMK (Russia) Group to continue collaboration with participants of Russia’s
first environmental startup accelerator
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42
NLMK Group, a global steel company, has selected companies for potential cooperation among the finalists of GreenTech Startup
Booster, accelerator for technological startups in the field of ecology. More than 150 companies participated in the project, organized
by the Skolkovo Foundation, with the support of the Russian Ministry of Natural Resources and the Environment, Ministry of
Construction, Ministry of Energy, and industrial partners. Experts from NLMK, the official industrial partner of the programme,
evaluated their projects. NLMK experts were primarily interested in solutions to respond to the current environmental and climate
protection challenges of the company. These include efficient dust suppression systems, emission control systems, air and water
monitoring systems, resource conservation and waste recycling projects. Among the finalists of the accelerator, NLMK singled out a
technology for producing marketable products from liquid metal slags for the construction of roads and housing, production of
compact gas treatment plants, and digital solutions for optimizing waste management processes. These solutions will be further
analyzed and the companies may be offered the opportunity to develop their pilot projects at NLMK Group sites.
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53. Environment & Social Updates
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SK and POSCO (South Korea) Join Hands to Resolve Social Issues
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POSCO and SK joined hands to resolve the social issues of the undernourished of the underprivileged and protect the local businesses. The joint volunteer
work held on this day was promoted as SK Chairman proposed to POSCO CEO to provide high-quality lunch boxes — like homemade meals — to the
vulnerable. POSCO also thought that there was a limit to providing convenience meals to users of food bank centers in Pohang and Gwangyang, which were
suspended in the aftermath of Corona 19. Accordingly, POSCO planned the “Hope Sharing Lunchbox” project that includes making and delivering lunch
boxes to the vulnerable in Pohang and Gwangyang. Since both companies have been actively participating in resolving social issues by emphasizing
“Corporate Citizenship” and “Social Values,” respectively, the CEOs of both companies decided to participate in the “Hope Sharing Lunchbox” project
together. SK has been taking the initiative to support the vulnerable by carrying out the happy lunch box program to support underfed children for the past
15 years. And since January, it has provided more than 400,000 meals to the elderly who live alone and are affected by COVID-19. Starting with this joint
voluntary work, POSCO is planning to provide meals three times a week for 2,600 people, including for the five food bank centers operated by POSCO in
Pohang and Gwangyang, and 12 other food bank centers operated by the local government of Pohang and Gwangyang. Since 2004, POSCO has been
operating food banks in Pohang and Gwangyang to provide meals for the underprivileged. The lunch boxes will be ordered and made in small restaurants in
areas suffering from the aftermath of COVID-19 and are expected to increase sales of the local district.
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54. Environment & Social Updates
IT Shades
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Smurfit Kappa (Ireland) sets new sustainability targets with Better Planet
2050
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Smurfit Kappa has announced ambitious new sustainability targets in a number of different areas. The new targets focus on a further reduction of its environmental
footprint, increased support for the communities in which it operates and further enhancement to the lives of its employees. These targets build upon the company’s
well-established sustainability record, on which it has been reporting since 2005, and are contained in the Better Planet 2050 commitments. Better Planet 2050
quantifies Smurfit Kappa’s continued commitment to sustainability, targeting environmental and social sustainability in areas where it believes it can have the
greatest impact. These include delivering sustainable packaging to customers, reducing its environmental footprint in water usage, waste and carbon emissions and
supporting its communities, promoting inclusion and diversity as well as health and safety. The targets identified are specific, measurable and provide a roadmap
to deliver results in the short, medium and longer timeframes. Smurfit Kappa is the undisputed industry leader in delivering Chain of Custody certified sustainable
packaging solutions to its customers. The company will further increase its certified deliveries to customers to 95%, up from its current 90% target. Chain of
Custody certified deliveries are essential in providing transparency and traceability to customers who have trust and confidence that our raw materials are
sustainably sourced. As a large processor rather than a large consumer of water, the new target will see the company reduce its overall water intake. As a
manufacturer of products that are renewable, recyclable, recycled and biodegradable, the company will continue to seek alternative ways to reuse, recycle and
recover waste material to reduce waste to landfill. Last year, Smurfit Kappa set out its most ambitious target to date when it announced a goal to achieve at least
net zero CO2 emissions by 2050.
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55. Environment & Social Updates
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LafargeHolcim (Switzerland) joins MIT Climate and Sustainability
Consortium as founding member
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LafargeHolcim joins the MIT Climate and Sustainability Consortium as a founding member, representing the building materials
industry, to accelerate climate action through innovation. The company joins a range of influential other sector leaders to work with
MIT’s world-class research teams to develop scalable solutions to tackle climate change.vThe MCSC is led by the MIT School of
Engineering and will engage students, faculty, and researchers from across the entire Institute. MCSC members will work to
accelerate large-scale, real-world solutions that address the threat of climate change. The goals of the MCSC include climate change
mitigation, lowering barriers to technology adoption, speeding the retirement of carbon-intensive activities, directing investment
where it will be most effective, and rapidly translating best practices across industries. Joining this consortium is another step on
LafargeHolcim’s commitment to build a net zero future as a global leader in innovative and sustainable building materials and
solutions. Taking a rigorous science-driven approach to climate action, LafargeHolcim pledged to become a net zero company,
partnering with the Science-Based Targets initiative (SBTi) and is setting the first net zero roadmap in the cement industry, building
on its 2030 SBTi-validated climate targets.
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Miscellaneous
Updates Resources Industry
57. Miscellaneous Updates
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Glencore International (Switzerland) Prodeco to relinquish mining contracts
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46
Glencore can confirm that its Colombian subsidiary, Prodeco will commence the process of handing its mining contracts back to the
Republic of Colombia through the National Mining Agency (ANM). The mines will remain on care and maintenance (C&M) until
the formal process of relinquishing the contracts is complete. The port will continue to operate in line with its obligations as a public
service port. Last month the Colombian National Mining Agency (ANM) declined Prodeco’s request for the Calenturitas and La
Jagua mines to remain on C&M. Further to ANM’s decision to decline Prodeco’s request, Prodeco conducted another operational
review to identify further cost efficiencies, given that the ANM expected prices to remain low in Prodeco’s target markets. The
conclusion of the review was no different to previous ones conducted by the business; it continues to remain uneconomic to
re-commence operations. The decision to relinquish the mining contracts was not taken lightly and is a disappointing outcome. Grupo
Prodeco has over the last 30 years invested in excess of US$3bn and paid almost US$3bn in royalties and taxes. We are proud that
our investment in a multitude of social engagement projects and initiatives, has delivered tangible improvements in the quality of life
for the surrounding communities, and supported the important Peace Process in Colombia.
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Norilsk Nickel (Russia) Mining Machinery for Skalisty Mine to Be Assembled
At Depth Of 800 M
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An underground facility to assemble self-propelled equipment was built at a depth of 800 m at the Verkhnyaya mine of Skalisty Mine of the
Nornickel’s Polar Division. This was done as part of an investment project to help strip and mine the rich ores of the Talnakhskoye and
Oktyabrskoye deposits. The facility was designed by Gipronickel Institute. Polar Construction Company (part of Nornickel Group) started
building the mine workings for the facility in August 2018. The work involved massive development operations, with over 362 m of mine
workings built at a depth of 800 m and a total of about 16,500 cu m of rock broken and extracted. The assembly facility is 86.8 m long, the
working’s section area is 72.4 sq m. Some 240 t of metal and 2,718 cu m of concrete were used during the rock bolting works. The facility to
assemble self-propelled equipment is needed in the mine for repairs and SKD assembly of the machinery following overhauls performed on
the surface. On top of that, it is used for routine maintenance of all equipment in that underground area. The facility is furnished with
cutting-edge machinery and engineering systems, including three electric overhead travelling (EOT) cranes with a lifting capacity of 16, 3.2,
and 2 tonnes respectively. It is fitted with all the necessary machines (grinders, upright drillers, screw-cutting lathes, and milling machines),
in-place diagnostics tools for various parts and systems of the self-propelled machinery, welding equipment, etc.
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POSCO (South Korea) Carries Out the “POSCO Compliance Program”
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POSCO became the first Korean company to implement its own “POSCO Compliance Program (PosCP)” for partner companies as a measure to uphold the
principle of fair trade in the industry and raise awareness on regulations. PosCP enables partner companies, including equipment and material suppliers, to establish
internal standards and procedures for compliance with the Fair Trade Act. The program offers incentives to outstanding companies. POSCO opens a briefing
session for companies wishing to be certified and selects the participating companies. Then, the fair trade compliance program of each selected company is
evaluated and certified. In this process, POSCO provides customized legal services to minimize the cost. Areas of evaluation include “Preparation of CP standards
and internal procedures,” “determination and support of management,” and “inspection of whether employees violating the regulation receive penalty,” which are
the CP certification standards set by the Fair Trade Commission. The certified companies receive benefits as well. POSCO will continue to support
compliance-related education services and provide consulting so that these companies can further acquire grades by participating in the “Evaluation of Fair Trade
Compliance Program,” which is certified by the Fair Trade Commission. In addition, additional points will be granted in case the companies apply for POSCO
suppliers, and will also be reflected to relieve penalty levels in case of unavoidable violations. By introducing PosCP, POSCO hopes to take the lead in establishing
a culture of fair trade and make sure that there would not be a case where competitive companies with outstanding products are excluded due to unfair trade
practices. POSCO also aims to uphold the principle of fair trade within the steel industry ecosystem by supporting SMEs in the Fair Trade Commission’s
“Evaluation of Fair Trade Compliance Program”.
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Newmont (USA) Establishes Global Center for Indigenous Peoples
Community Relations
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49
Newmont Corporation officially launched the Newmont Global Center for Indigenous Community Relations as key part of the Company’s aim to promote
meaningful engagement with Indigenous Peoples. The Center will be a resource for the Company and the mining industry as a way to promote awareness,
education and engagement between industry and Indigenous Peoples. The Center seeks to establish a respected source of dialogue, collective knowledge and
experiences in order to improve the Company’s practices and contribute in advancing the industry’s approach to engagement with Indigenous communities.
The Center has identified three focus areas and a set of three-year strategic objectives to orient meaningful outcomes. These Focus Areas are:
• Partnership and Learning Network;
• Respect for Customs and Culture; and
• Opportunities for Indigenous People.
Based in Vancouver, Canada, the Center will work collaboratively with the Advisory Council on Indigenous Community Relations, a group of external
experts who advise the Safety and Sustainability Committee of the Board of Directors. An internal working group comprised of diverse representatives from
within Newmont will also share experiences, best practices and identify ways to improve collaboration. The Center will work across all of Newmont’s
jurisdictions around the world.
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