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CNH Streamlines Senior Leadership Structure

CNH Streamlines Senior Leadership Structure

Basildon, January 9, 2024 (Korea Bizwire) CNH announces a streamlining of its leadership structure. Effective immediately, the Company is reducing the size of and realigning the Senior Leadership Team (SLT) which will henceforth be known as the Global Leadership Team (GLT). The GLT is the Company’s operational decision-making body responsible for driving the performance of [...]

S&P Global Ratings raises its rating on CNH Industrial to ‘BBB+’

S&P Global Ratings raises its rating on CNH Industrial to ‘BBB+’

Basildon, December 1, 2023 (Korea Bizwire) –  CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that on November 30, 2023, S&P Global Ratings raised its long-term issuer credit ratings on CNH Industrial N.V. and its subsidiary, CNH Industrial Capital LLC, to ‘BBB+’ from ‘BBB’. S&P Global Ratings also affirmed the ‘A-2′ short-term issuer credit [...]

TMC and PAMCO Sign Binding MOU to Complete Feasibility Study to Process Polymetallic Nodules into Battery Metal Feedstocks

TMC and PAMCO Sign Binding MOU to Complete Feasibility Study to Process Polymetallic Nodules into Battery Metal Feedstocks

Following successful completion of the pre-feasibility exercise, TMC and PAMCO have entered into a binding memorandum of understanding (MOU) where PAMCO will complete a feasibility study to process 1.3 million tonnes of wet polymetallic nodules (PMN) per year to produce lithium-ion battery and steel making feedstocks as part of the NORI-D Project Zero development This [...]

Matmerize Secures DOD Award to Develop Low-flammability Polymer Composite Materials Using Advanced AI Methods

Matmerize Secures DOD Award to Develop Low-flammability Polymer Composite Materials Using Advanced AI Methods

ATLANTA, Nov. 07, 2023 (Korea Bizwire) – Matmerize, Inc., an industry leader in Polymer & Formulations Informatics proudly announces its selection by the US Department of Defense (DOD) for a Small Business Innovation Research (SBIR) contract aimed at advancing AI methodologies for accelerating the design of novel low-flammability polymer composite materials. Matmerize is excited about the [...]

The Metals Company Provides Closing Update on its Registered Direct Offering at $2.00 Per Share Plus Class A Warrants

The Metals Company Provides Closing Update on its Registered Direct Offering at $2.00 Per Share Plus Class A Warrants

NEW YORK, Oct. 19, 2023 (Korea Bizwire) – TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided an update to its previously announced registered direct offering (the “Registered Offering”), which is expected to result in aggregate gross proceeds to the Company [...]

Pangea Leather Announces Antimicrobial Properties in Standard and Advanced Products

Pangea Leather Announces Antimicrobial Properties in Standard and Advanced Products

ROCHESTER HILLS, MI, Oct. 03, 2023 (Korea Bizwire) – Pangea, a global supplier of automotive leather, has announced that its standard and advanced products hold antimicrobial properties without the need for chemical additives commonly advertised to improve this performance. The tanned substrate rich in natural components and the leather coating layers act to inhibit the [...]

Iveco Group Announces Anna Tanganelli As Its New Chief Financial Officer

Iveco Group Announces Anna Tanganelli As Its New Chief Financial Officer

Turin, 13th September 2023 (Korea Bizwire) – Iveco Group N.V. (EXM: IVG) today announces that Anna Tanganelli will assume the role of Chief Financial Officer (CFO) as of 1st December 2023, succeeding Francesco Tanzi who served as CFO during Iveco Group’s successful spin-off and first year and a half as an independent Company. Ms Tanganelli will be a member of [...]

AKWEL: Half-year Revenue Up +11.8%

AKWEL: Half-year Revenue Up +11.8%

July 27 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid and mechanism management and structural parts for electric vehicles, posted consolidated revenue of €545.8m over the first half of 2023. Consolidated revenue In € millions – unaudited 2023 2022 Variation Like-for-like variation (1) 1st quarter 274.6 245.8 +11.7% [...]