Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace News this week…
Flyer Defense Begins Production on Multiyear Contract with United Arab Emirates Armed Forces
Flyer Defense, LLC is strengthening its reputation as one of the most reliable internally air transportable light tactical mobility vehicles on the market with the start of production on its single largest direct commercial sales contract to date.
Axiom Space and Mitsui & Co., Ltd. Announce Japan-Based Joint Venture
Building on the strategic partnership that Axiom Space and Mitsui & Co., Ltd. signed in September, and following Mitsui’s investment in Axiom Space, the partners have initiated the formation of a joint venture in Japan to accelerate on-orbit services to commercial and government customers.
In Agritech News this week…
Taylor Farms Opens Toronto Production Facility
Taylor Farms, a leading North American producer of salads and healthy fresh foods announces the opening of the new Taylor Farms Toronto facility.
Advanced Nutrients’ New Organic Line Rivals the Performance of Mineral Fertilizers
Advanced Nutrients, a global leader in specialty crop nutrition, has just launched OG Organics™. With both CDFA-OIM and OMRI certifications, the line has passed the most stringent standards for approved use in organic cultivation, adding value to commercial crops upon their entry into the marketplace.
In Automotive News this week…
Enhanced 2023 Hyundai Palisade Makes World Debut at the New York International Auto Show
Hyundai unveiled its significantly enhanced 2023 Palisade SUV in a global debut at the New York International Auto Show. The new Palisade offers freshened interior and exterior design cues, new infotainment and safety features, and advanced driver assistance systems.
Leviton Introduces New Smart Evr-Green Electric Vehicle Charging Station for Fast, DC Charging
Leviton announced the launch of the Evr-Green DC charging station, the latest expansion to its portfolio of electric vehicle (EV) supply equipment. Ideal for rest stops, retail locations and other commercial and public applications, the Evr-Green DC provides a smart solution for high-power direct current (DC) charging for the latest electric vehicles on the market.
In news from the Banking, Finance, Securities and Insurance sector this week…
MAP Protocol Partners Alchemy Pay for Fiat Payment Rails and On-Ramps
The leading fiat-crypto payment provider, Alchemy Pay (ACH), has announced its partnership with MAP Protocol, the multi-layered cross-chain operable blockchain for developers.
Liberty Hall Capital Partners Acquires Ferra Holdings Limited
Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced the acquisition of Ferra Holdings Limited (“Ferra”) by Accurus Aerospace Corporation (“Accurus”).
In Energy and Power Sector News this week…
ProPetro Announces Term Extension of Existing Credit Facility
On April 13, 2022, ProPetro Holding Corp. announced the extension of its existing asset-based loan facility (the “Amended ABL”) to a five-year term and a reduction of commitments from $300 million to $150 million.
Poland: TotalEnergies and KGHM Join Forces to Develop Offshore Wind Power
TotalEnergies and KGHM signed a partnership to participate on a 50/50 basis in the Polish government tender for the development of offshore wind projects.
In Chemicals News this week…
ExxonMobil introduced its new Exceed™ S performance polyethylene (PE) resins, utilizing the company’s latest innovations in polymer science, the new PE platform provides opportunities to reduce the complexity of film formulations and designs while improving film performance, conversion efficiency, and packaging durability versus current market references.
Univar Solutions Names Tony Jaillot Vice President of Beauty & Personal Care
Univar Solutions Inc., a global chemical and ingredient distributor and provider of value-added services, announced the appointment of Tony Jaillot as vice president of global Beauty & Personal Care.
In IT news this week…
Mix Telematics and CANGO Partner to Deliver Advanced Fleet Data Experience
MiX Telematics, a leading global SaaS provider of connected fleet management solutions, is pleased to announce an innovative partnership with CANGO Mobility, a specialist in the development of products and solutions for advanced CANBUS and vehicle data signals.
Hydrite Selects Infor to Modernize its Business
Infor, the industry cloud company, announced that Hydrite, an integrated manufacturer and supplier of chemicals and related services, has selected Infor CloudSuite Chemicals to help manage critical business processes and transform its business.