AEG Presents Marches With Pride in 2025

In June 2025, AEG Presents, the music division of AEG, employees proudly took to the streets in Detroit, Cleveland, and San Francisco to celebrate Pride Month and stand in solidarity with the LGBTQ+ community.

In Detroit, the team from the Masonic Temple Theatre joined thousands at Motor City Pride, wearing custom AEG-themed shirts and marching with purpose. They danced, cheered, and connected with the crowd, celebrating the city’s spirit of resilience and inclusion.

In Cleveland, employees from the Agora Theatre and AXS came together for Pride in the CLE as they waved flags and shared in the joy of the day with community members

In San Francisco, the AEG Presents’ team from Goldenvoice will join the iconic parade down Market Street, walking alongside artists, allies, and advocates celebrating the city’s rich LGBTQ+ history.

Across all three cities, employees embodied AEG Presents’ commitment to inclusion. Their presence at Pride was both a celebration and reaffirmation of the company’s pledge to create spaces where everyone feels seen, heard and valued.

To learn more about AEG Presents, please click here.

Posted in UncategorizedTagged

Global Bioplastics Market Accelerates Toward 5,634.6 Kilotons by 2029

“Bioplastics are reshaping the packaging, automotive, and consumer goods sectors with sustainable alternatives. Backed by rising demand and strong regulatory support, the market is set for consistent growth in the years ahead.”

BOSTON, June 27, 2025 /PRNewswire/ — According to the latest study from BCC Research, “Global Markets and Technologies for Bioplastics”  is expected to increase in terms of volume from 2,431.9 kilotons in 2024 to 5,634.6 kilotons by the end of 2029, at a compound annual growth rate (CAGR) of 18.3% from 2024 through 2029.

This report offers insights into the global bioplastics industry, analyzing its segmentation by raw material (sugarcane, corn starch, and cassava), type (biodegradable and biobased/non-degradable), application (films, bottles, containers, and electronic casings), end-use industry (packaging, textiles, automotive, and agriculture), and region (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). Volume estimates, measured in kilotons, are based on total manufacturer production. The study presents a comprehensive discussion of industry trends, drivers, and market opportunities.

The significance of bioplastics is further increased by the precise regulatory frameworks established by various governments regarding the use of traditional plastics and their waste. These policies not only address plastic waste concerns but also encourage manufacturers to enter the bioplastics market through support for biodegradable plastics and sustainable packaging solutions.

The factors driving the market include:

Carbon Neutrality and Mounting Bioplastic Consumption: With an increasing global focus on climate change, governments and industries are setting carbon neutrality targets. Bioplastics, made from renewable resources, offer a lower carbon footprint than traditional plastics. As a result, companies are turning to bioplastics to meet sustainability goals, comply with regulations, and appeal to environmentally conscious consumers—leading to a steady rise in bioplastic production and use.

Growing Bioplastic End-Use Applications: Bioplastics are no longer limited to packaging. Today, they are used across sectors ranging automotive interiors and consumer electronics to agriculture and textiles. This expansion into diverse applications is creating new demand, pushing manufacturers to scale production to serve multiple industries looking for greener material alternatives.

Request a sample copy of the global market for bioplastics report.

Report Synopsis 

Report Metric

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

2060.9 kilotons

Market size forecast

5634.6 kilotons

Growth rate

CAGR of 18.3% for the forecast period of 2024-2029

Segments covered

Raw Material Type, Type, Application, End-Use Industry

Regions covered

North America, Europe, Asia-Pacific, South America,

Middle East and Africa

Countries covered

U.S., Canada, Mexico, Germany, France, Italy, Spain, the

U.K., Portugal, Sweden, Hungary, Romania, the Czech

Republic, China, India, Japan, Australia, South Korea,

Thailand, Indonesia, Singapore, Malaysia, Vietnam, Brazil,

Argentina, Colombia, Paraguay, Peru

Market drivers

•  Carbon Neutrality and Mounting Bioplastic

   Consumption.

•  Growing Bioplastic End-Use Applications.

Interesting facts:

  • Leading companies in the bioplastics industry are expanding production in the Asia-Pacific region. For instance, NatureWorks LLC in October 2023 bagan the construction of a fully integrated Ingeo PLA biopolymer plant in Thailand, which is expected to begin operations in 2025. The manufacturing facility will produce bioplastics for the entire Asia-Pacific region.
  • Many industry leaders are forming partnerships and collaborations with universities. These alliances give them access to skilled researchers, specialists, and engineers with expertise in bioplastics. Additionally, academic research can be more cost-effective, as sharing expenses with universities is often less costly than conducting research internally.
  • Certain bacteria and microorganisms have the ability to produce bioplastics in the laboratory. Through the fermentation process, PHA bioplastics can be generated using these bacteria and microorganisms.

Emerging startups

  • Buyoplastic is a Vietnam-based company that offers patented technology for bioplastics. The company has developed a proprietary method that converts bio-waste into bioplastics. This technology can produce both flexible and rigid bioplastics for use in the packaging and medical industries.
  • Emnandi Bioplastics manufactures PLA, PBAT, PHA, and PBS bioplastics. The company provides non-single-use bioplastics specifically designed for medical, packaging, and fiber sectors. These bioplastics are suitable for filament extrusion, injection molding, thermoforming, blowing, and laminating procedures.
  •  

The report addresses the following questions:

  1. What is the projected size and growth rate of the market?
    •  In terms of volume, the global bioplastics market is projected to grow from 2,060.9 kilotons in 2023 to 5,634.6 kilotons in 2029 at a CAGR of 18.3% during the forecast period.
  2. Which market segments are covered in the report?
    •  The bioplastics market is segmented on the basis of raw material types, types, applications, and end-use industries.
  3. Which end-use segment will be dominant through 2029?
    •  The packaging segment will be dominant through the forecast period.
  4. Which region has the largest share of the market?
    •  Asia-Pacific holds the largest market share.

Market leaders include:

  • ARKEMA
  • BASF
  • BIOME BIOPLASTICS
  • CARDIA BIOPLASTICS
  • DANIMER SCIENTIFIC
  • LG CHEM
  • LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
  • NATUREWORKS LLC.
  • MITSUBISHI CHEMICAL GROUP CORP.
  • NOVAMONT S.P.A.
  • PLANTIC
  • SABIC
  • TORAY INDUSTRIES INC.
  • TOTALENERGIES CORBION
  • ZHEJIANG HISUN BIOMATERIALS CO. LTD.

Related reports include:

Sustainable Plastic Packaging: Global Markets: This report analyzes the sustainable plastic packaging market by packaging type—recycled (R-PET, R-PE, R-PP, R-PS, and others such as R-PVC and R-PLA), reusable, and bioplastic (biodegradable and non-biodegradable). The end-user segments include food and beverage, industrial and chemical, healthcare, and personal and home care. The analysis covers global and regional levels, with revenue estimates in millions of U.S. dollars.

Biodegradable Polymers: Global Markets and Technologies: This report covers the types of biodegradable polymers and their end-use industries. Estimated volumes are based on manufacturers’ total production, with projections in kilotons (unadjusted for inflation). The market is segmented by type (PLA, starch blends, PBAT, PHA, cellulose films, PBS), end use (packaging, fibers, agriculture, medical, electronics, automotive, others), and region (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

Purchase a copy of the report direct from BCC Research.

For further information on any of these reports or to make a purchase, contact info@bccresearch.com.

About BCC Research

BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts’ goal is to help you make informed business decisions free of noise and hype.

Contact Us
Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA
Email: info@bccresearch.com
Phone: +1 781-489-7301

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

Logo: https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-bioplastics-market-accelerates-toward-5-634-6-kilotons-by-2029–302493331.html

SOURCE BCC Research LLC

Scotch-Brite Teams Up With Ally Love To Announce “National Shine Brite Day”

Originally published on 3M News Center

ST. PAUL, Minn., June 27, 2025 /3BL/ — Scotch-Brite™, America’s #1-selling scrub sponge brand, introduces National Shine Brite Day, a yearly celebration that invites people everywhere to see cleaning in a new light – shifting the mindset from a task on a to-do list into a way to express yourself, refresh your space and feel good doing it.

National Shine Brite Day is part of the brand’s “Brite Side of Clean” campaign, which launched earlier this spring to usher in a fresh era of cleaning, one that centers on joy, self-expression and the satisfaction of a job well done. Featuring an energetic 30-second spot set to Outkast’s iconic early-2000s anthem ‘So Fresh, So Clean,’ the campaign invites everyone to dance through their chores and transform cleaning from a task into a powerful act of self-expression and positivity.

To help kick off the celebration, Scotch-Brite has teamed up with Ally Love, Peloton Instructor, VP of instructor strategy and development, and on-air Today show contributor, as a Clean Partner. Known for her energy, motivation and love of movement, Ally is inspiring people to reframe their routines by pairing cleaning with music, dance and the kind of positive vibes that turn even the smallest tasks into mini celebrations.

“Cleaning is part of my daily routine – not just to reset my space; it’s an act of mindfulness, movement and joy,” said Love. “My process starts with my favorite playlist – it keeps the energy up and makes the experience more enjoyable and fun. I love seeing the physical transformation from messy to clean – it’s a visual affirmation that my actions matter, that small acts have big impact. National Shine Brite Day is a reminder that cleaning is more than a task, it’s an opportunity to celebrate the creativity and pride that comes with a clean and refreshed space.”

June 26 holds a special significance for the brand as it marks the anniversary of Scotch-Brite’s first appearance on shelves in 1958. Nearly seven decades later, the brand continues to be a pioneer in the cleaning category with innovative solutions that brighten homes and lives.

“National Shine Brite Day is about more than creating a clean space – it’s about choosing to find joy in the process,” says Joe Paul, chief marketing officer, 3M Consumer Business Group. “Scotch-Brite is committed to providing consumers with creative, sensorial solutions to cleaning – for every day and every mess.”

Whether it’s the satisfaction of a dramatic before-and-after, the thrill of discovering a clever cleaning hack, or the joy of dancing your way through chores – Scotch-Brite believes cleaning should feel good. The brand encourages everyone to find the sparkle, share the fun and help others see the “brite side” too!

For more information on “The Brite Side of Clean” campaign, National Shine Brite Day and Scotch-Brite products, visit Scotch-Brite.com.

About 3M  
3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what’s possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we’re working to improve lives and make what’s next at 3M.com/news. 

About Scotch-Brite™ 
For 65 plus years, the Scotch-Brite™ Brand has been brightening homes and lives with cleaning expertise and innovative solutions that power through tough messes and let you enjoy the feeling of clean. With our ever-expanding line of products, we are a trusted leader in cleaning and a staple in households worldwide. Learn more at scotch-brite.com.

SOURCE 3M Company

 

Posted in UncategorizedTagged

Henkel and Synthomer Partner To Cut Carbon Emissions in Adhesives

DÜSSELDORF /3BL/ – Henkel, a global leader in adhesives, sealants and functional coatings, and Synthomer, a world-leading supplier of high-performance, highly-specialized polymers and ingredients, have announced a strategic partnership and supply agreement focused on enabling carbon emission reductions in Henkel’s TECHNOMELT® hot melt adhesive product portfolio for the European, Indian, Middle Eastern and African markets. This collaboration highlights both companies’ leadership in advancing sustainable adhesives through innovative collaborations along the value chain.

This partnership follows Synthomer’s recent launch of CLIMA-branded products. Products with this designation, like their REGALITETM line, deliver at least a 20% reduction cradle-to-gate in the product carbon footprint by using renewable energy in the production process. Henkel and Synthomer have jointly developed a framework that links renewable energy use directly to specific adhesive products, enabling measurable reductions in carbon emissions.

Henkel and Synthomer’s partnership is built on a mutual commitment to sustainability. Henkel aims to reduce absolute Scope 3 GHG emissions by 30 percent by 2030 (base year 2021), with the goal of becoming net-zero by 2045. To support this, it is incorporating raw materials with reduced process emissions footprint into adhesive formulations, helping lower Scope 3 emissions while maintaining high quality performance. Synthomer is contributing by reducing emissions from manufacturing operations, with a goal to cut absolute Scope 1 and 2 greenhouse gas emissions 47 percent by 2030, using 2019 as the base year in line with its Science-Based Targets goals.

Synthomer’s improved manufacturing approach leverages renewable electricity, biogas and process optimization, significantly lowering the carbon footprint of their products. These carbon reductions are measured through Product Carbon Footprint (PCF) reporting, which follows ISO14067 standards and the Together for Sustainability (TfS) guidelines. The PCF methodology used in this collaboration is being externally validated by TÜV SÜD, adding a strong layer of verification and credibility.

“As industry leaders in the adhesives market, we share the responsibility to drive meaningful change,“ said Pernille Lind Olsen, Corporate Senior Vice President, Adhesive Technologies Henkel. „By partnering with suppliers like Synthomer who are equally committed to transparency, innovation, and verifiable climate action, we’re not just reducing emissions, we’re redefining what leadership looks like in our industry.”

“We are proud to support Henkel and their customers with novel adhesive solutions based on a significantly reduced carbon footprint. Our capability is based on our broad portfolio of high performing adhesive ingredients, a global production and development network paired with a relentless passion for innovation and sustainability. We continue to engage with partners to create sustainable value chains and reduce carbon emissions on our planet.” says Stephan Lynen, Synthomer’s President for Adhesive Solutions.

Hot melt adhesives are used in a variety of industries and applications from packaging and consumer goods to electronics and automotive. The integration of Synthomer’s CLIMA resins into Henkel’s TECHNOMELT® hot melt adhesive portfolio will lower environmental impact while maintaining the same high-quality solutions the market expects from Henkel. TECHNOMELT® adhesives are trusted for reliability, quality and proven results across a variety of applications.

The shared focus on sustainable product development and carbon footprint transparency highlights how strategic partnerships can drive progress and establish industry standards.

About Synthomer plc
Synthomer plc is a leading supplier of high-performance, highly specialized polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide. Headquartered in London, UK and listed there since 1971, we employ c.4,000 employees across our five innovation centers of excellence and 31 manufacturing sites across Europe, North America, Middle East and Asia.
Our purpose is creating innovative and sustainable solutions for the benefit of customers and society. Around 20% of our sales volumes are from new and patent protected products. At our innovation centers of excellence in the UK, China, Germany, Malaysia and USA we collaborate closely with our customers to develop new products and enhance existing ones tailored to their needs, with an increasing range of sustainability benefits. Our 2030 decarbonization targets have been approved by the Science Based Targets initiative as being in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement, and since 2021 we have held the London Stock Exchange Green Economy Mark, which recognizes green technology businesses making a significant contribution to a more sustainable, low-carbon economy. Find us at www.synthomer.com or search for Synthomer on LinkedIn.

Contact:

Sebastian Hinz
Adhesive Technologies
Media Relations
Headquarters, Düsseldorf/Germany
+49-211-797-8594
press@henkel.com

Posted in UncategorizedTagged

GoDaddy 2024 Sustainability Report: Responsible Governance & Operations | Honest & Ethical Conduct

Originally published in GoDaddy’s 2024 Sustainability Report

Honest & Ethical Conduct

Transparency, integrity, and trust are thecornerstones of how we do business.

We hold ourselves to the highest ethical standards, ensuring our actions reflect professionalism and transparency. By continually evolving our practices, we stay ahead in a fast-changing regulatory world, always striving to do what’s right.

Business Ethics

We implement the following policies and procedures to guide our business conduct:

  • Code of Business Conduct & Ethics (Code): Our Code serves as a guiding framework for employees, officers, and directors, outlining the principles and responsibilities underpinning our ethical practices.
     
  • Human Rights: In 2024, we published a Human Rights Policy and updated our Anti-Slavery Policy strengthening our approach to combatting modern slavery.
     
  • Ethics Helpline: Our Ethics Helpline remains a trusted resource for reporting violations of company policies, our Code, or the law.
     
  • Whistleblower Protections: Our Speak Up Policy underscores our dedication to protecting whistleblowers, ensuring everyone feels safe to report concerns without fear of retaliation.

87/100: Through our annual GoDaddy Voice Survey, we achieved an average score of 87 out of 100 on the question, “If I encounter an unethical situation, I feel comfortable reporting issues regarding ethics and compliance.”

Education & Training

We are dedicated to ensuring our workforce is well-equipped to uphold our ethical standards through comprehensive trainings. As a part of their onboarding process, new GoDaddy employees complete trainings which enforce awareness of and compliance with the Code of Business Conduct and Ethics. These include foundational topics such as anti-harassment and anti-discrimination; data protection and security awareness; and social engineering alongside targeted training on anti-trust, anti-bribery, and anti-corruption for specific roles. Annual refresher trainings are also required for select topics.

When vendors and contractors begin working with us, we require them to complete ethics trainings on our Code, data protection, security awareness, and other topics, where relevant. Refresher trainings on select topics may also be required annually.

Corporate Governance

Strong corporate governance is the foundation of our business strategy, generating long-term value and maintaining the trust of our stakeholders. Our Board provides oversight on the long-term strategic, financial, and organizational goals of the company. Our Corporate Governance Guidelines reflect the Board’s commitment to a system of governance which enhances corporate responsibility and accountability, and assist the Board in implementing effective corporate governance practices. For more information on the responsibilities of our Board and its committees, please review our Corporate Governance Guidelines, committee charters, and Proxy Statement on our Investor Relations Financials page and Governance page.

In 2024, our Board appointed Graham Smith as a new independent director, effective June 26, 2024. For more information on our Board, refer to our 2025 Proxy Statement.

Risk Management

Our Board is responsible for overseeing GoDaddy’s enterprise-wide risks, the formation of our long-term strategic, financial, and organizational goals, and the plans designed to achieve such goals. The Board and its committees also oversee strategic, legal, regulatory, financial, management, and operational risks. For more details on the responsibilities of the Board and its committees, refer to the Sustainability Governance section or the committee charters on our Investor Relations Governance page.

With oversight from our Audit Committee, the Assurance, Risk, and Compliance (ARC) Team leads our enterprise risk management program. The ARC Team is responsible for identifying key risks that could impact the Company’s strategy, operations, or compliance. The ARC Team assists our Leadership Team in defining metrics to monitor such risks and respond proactively, helping the business navigate risks while staying focused on strategic execution and innovation.

Government & Policy Engagement

Our Corporate and Government Affairs Team serves as an advocate for our customers and small businesses, championing their interests in key legislative, public policy, and regulatory arenas. By engaging with policymakers, lawmakers, and other stakeholders, the team highlights GoDaddy’s role in the industry and our support for a fair and open digital ecosystem.

As both a Registry and a Registrar, we actively participate in Internet Corporation for Assigned Names and Numbers (ICANN) working groups and community leadership bodies. These engagements shape the policies governing and managing the Domain Name System, impacting our products, services, and how they are utilized by our customers. The team also ensures fair and transparent resolution of complaints and information requests from ICANN and third parties, covering a wide range of domain name-related issues.

As a part of our commitment to honest and ethical conduct, the Corporate and Government Affairs Team detailed GoDaddy’s standards for political contributions, activities, and lobbying by our directors, officers, and employees in a publicly available policy.

ENGAGING WITH REGULATORS TO PROTECT OUR CUSTOMERS

GoDaddy actively engages with institutions and standards bodies to share the potential impact decisions have on our customers’ registration experience, data protection, and overall online presence. Our engagement is important to our customers and our business as proposed legislation can at times result in unnecessary domain name suspensions, confusing customer communications, and increased exposure to phishing and other online threats involving personal data. GoDaddy also works through ICANN and Internet Infrastructure Coalition (i2Coalition), and in collaboration with other industry associations representing internet infrastructure companies, to engage on matters important to protecting registrants and promoting a secure and predictable online environment.

To learn more, read our 2024 Sustainability Report.

About This Report

This GoDaddy 2024 Sustainability Report details our progress toward our corporate sustainability goals, strategies, and initiatives in support of our overarching corporate mission and values. Unless otherwise noted, this report reflects our corporate sustainability performance across our global operations covering the fiscal year period from January 1 to December 31, 2024. To demonstrate our commitment to transparent communication regarding our sustainability progress, we routinely share updates through our website and our annual Sustainability Report. We welcome your questions, comments, and feedback on this report by contacting ESG@GoDaddy.com.

This report references the Global Reporting Initiative (GRI) Standards, includes select Sustainability Accounting Standards Board (SASB) metrics for the Internet Media and Services sector, and the Task Force on Climate Related Financial Disclosures (TCFD). We also disclose our contributions and progress toward priority UN SDGs. For additional information on how we align with these frameworks and key indicators demonstrating our sustainability performance, please refer to the Frameworks & Metrics section.

Posted in UncategorizedTagged

ESG Voices: AI-Powered Climate Action

In this episode, we dive into the dynamic intersection of artificial intelligence and climate goals. Joining us today, we have Mike Hayes, Climate Change and Decarbonization Leader, KPMG International and Anish De, Global Head of Energy, Natural Resources and Chemicals KPMG International who will discuss how leaders can harness AI to drive measurable progress toward net-zero, balance innovation with responsibility, and align with long-term climate strategies.

Click here to listen to episode 39 of ESG voices

Posted in UncategorizedTagged

Lenovo Releases FY 2024/25 ESG Report, Showcasing Measurable Progress and Industry Leadership

Lenovo released its FY 2024/25 Environmental, Social, and Governance (ESG) Report, detailing the company’s progress toward its 2030 emissions reduction targets and reaffirming its long-term ambition to achieve net-zero greenhouse gas emissions by 2050, aligned to the Science Based Targets initiative. As the first generation of ESG key performance indicators approaches completion, Lenovo remains on track across many key objectives, making this year a pivotal moment in its sustainability journey.

The report outlines how Lenovo is accelerating environmental progress through its participation in the circular economy, including the continued use of closed-loop recycled materials in its products. Lenovo also continues to empower customers with sustainability services that facilitate repair, recycling, and reuse, helping extend product lifecycles and keeping materials in circulation.

This year’s report reflects a growing recognition of Lenovo’s efforts, with the company earning Platinum Recognition from EcoVadis, an AAA rating from MSCI ESG Ratings, and the Gold Award from the Hong Kong Institute of Certified Public Accountants (HKICPA) for Best Corporate Governance and ESG. Additionally, Lenovo was recently ranked #8 in Gartner’s Top 25 Global Supply Chain, with an ESG Score of 9/10. These achievements underscore Lenovo’s commitment to transparent, credible progress.

Lenovo’s social impact continues to scale globally. In 2024, it was again named a Best Workplace for People with Disabilities by Disability:IN in the United States, while expanding this recognition to the United Kingdom and Brazil through the global application of best practices. The company’s commitment to community engagement was also evident during its annual Love on Month of Service, which saw a record-breaking 44% increase in people reached through volunteerism by Lenovo employees around the world.

“This year marks a significant milestone for Lenovo’s ESG journey,” said Dave Carroll, Lenovo SVP, Chief Legal Officer and Corporate Responsibility Officer, who succeeded Laura Quatela in March 2025. “With our first generation of key performance indicators nearing completion, we’re proud of the progress we’ve made and are focused on building the foundation for our next chapter of ESG leadership.”

In governance, Lenovo continues to reinforce its Smarter AI for All vision through a strengthened internal policy framework. In 2024, the company introduced a comprehensive AI governance policy aligned with commitments made to the Canadian Government, UNESCO, Cercle InterL, and most recently the European Commission. This follows the appointment of Doug Fisher who added Chief AI Officer to his Chief Security Officer role, further embedding responsible innovation across the business.

Looking ahead, Lenovo remains committed to a collaborative and credible approach to ESG. Through partnerships with customers and suppliers—such as those engaged through the Lenovo 360 Circle—the company is advancing a shared vision for a more sustainable and inclusive future.

To read the full Lenovo FY 2024/25 ESG Report, visit this website.

About Lenovo 

Lenovo is a US$69 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

Posted in UncategorizedTagged

Minesto-led consortium awarded 25 MSEK grant to build a tidal energy power plant for baseload electricity production to microgrids

GOTHENBURG, Sweden, June 27, 2025 /PRNewswire/ — Minesto, leading ocean energy developer, is heading a consortium of four that has been awarded a total of 25 MSEK grant funding from Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. Minesto collaborates with microgrid technology provider Capture Energy, Faroese utility company Sev and IVL Swedish Environmental Research Institute to demonstrate a unique tidal-based microgrid solution that provides baseload power.

The project is built on a partnership with technology leader in microgrid management Capture Energy. By integrating Minesto’s tidal power plants with Capture Energy’s microgrid capability, a significant global market for autonomous power plants and island-mode grid can be accessed. Minesto’s existing customer Sev will play a key role in the project as an advanced user of microgrids and on feasibility work related to local commercial installations to come. IVL Swedish Environmental Research Institute, will provide expert analysis on the environmental footprint of the solution.

The total consortium project budget over two years is 56 MSEK, whereof 25 MSEK is grant funding from Swedish Energy Agency.

The project will deliver a complete product offer for a microgrid installation with integrated battery storage to offer a stand-alone base-load power plant to an island mode user. The microgrid offer addresses the global market for clean, reliable, and affordable renewable energy for remote and off-grid customers that are currently dependent on fossil fuels or have a shortage of electricity supply.

A complete microgrid installation:

  • The microgrid system will be built, commissioned and operated at Minesto’s current production site in Vestmanna based-on existing infrastructure and environmental permits.
  • The Minesto tidal power plant used in the project will be an upgraded and customized Dragon-class tidal power plant.
  • Non-grid connected islands in the Faroes are the first targets for commercial deployment, the project includes installation preparations such as site assessment and environmental risk assessments.

The project starts in August and will deliver a complete microgrid in 2026.

“The global multibillion-Euro microgrid business is a vital parallel track to build-out of larger Dragon Farms (multimegawatt arrays) based on the same Dragon-class systems. This new partnership with Capture Energy makes it possible for us together to offer turn-key microgrid tidal power generation to local customers in need of renewable base-load energy,” said Dr Martin Edlund, CEO of Minesto.

The microgrid market – a strategic market for Minesto

The total addressable microgrid market for tidal powerplants is estimated at 300 billion EUR. The market spans across small kW installations to multimegawatt installations. Minesto will be able to offer its tidal energy kites for large arrays also into this area without modifications, thus contributing to volumes and step-in business opportunities.

“The microgrid business has significant strategic value for Minesto. It is in itself a substantial global market and it also offers market entry projects with new commercial partners to create confidence in our unique technology and to speed up collection of local data for environmental permitting and certification,” said Dr Martin Edlund, CEO of Minesto.

The Faroe Islands, like many remote island communities, face unique challenges in energy production and consumption. The islands are dependent on imported fossil fuels, making them vulnerable to price fluctuations and supply disruptions. At the same time, the islands possess vast untapped marine energy resources, especially tidal energy, that could offer a sustainable and locally sourced solution to meet growing energy demands.

“This award from the Swedish Energy Agency adds vital financial support and recognition to Minesto’s commercial agenda,” Martin Edlund concludes.

For additional information please contact:
Cecilia Sernhage, Chief Communications Officer
+46 (0)735 23 71 58
ir@minesto.com

The information in this press release is such that Minesto AB (publ) shall announce publicly according to the EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication, through the agency of the contact person set out above, at 14:55 CEST on 27 June 2025.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/minesto-ab/r/minesto-led-consortium-awarded-25-msek-grant-to-build-a-tidal-energy-power-plant-for-baseload-electr,c4170303

The following files are available for download:

https://mb.cision.com/Main/14621/4170303/3529459.pdf

Press Release

 

Cision View original content:https://www.prnewswire.com/news-releases/minesto-led-consortium-awarded-25-msek-grant-to-build-a-tidal-energy-power-plant-for-baseload-electricity-production-to-microgrids-302493272.html

SOURCE Minesto AB

Yutong Debuts New Generation Battery Electric Intercity Bus IC12E at UITP Summit Hamburg 2025, Showcasing Electrification Innovation

HAMBURG, Germany, June 27, 2025 /PRNewswire/ — Yutong Bus (“Yutong”, SHA: 600066), a global commercial vehicle manufacturer, showcased its green public transport innovations under the theme “Think Eco, Move Green” at the UITP Summit 2025, held from June 15-18 in Hamburg Germany. The flagship models included the battery electric intercity bus IC12E and the premium city bus U12.

Yutong Debuts New Generation Battery Electric Intercity Bus IC12E at UITP Summit Hamburg 2025

Yutong IC12EHigh Standard Battery Electric Intercity Bus – specifically designed for the European market

Yutong IC12E is specially designed and built for intercity operations in the European market. It comes with the advantages of long driving range, strong power, large capacity and superior quality.

On June 19, the IC12E embarked on a full-scenario challenge across four European countries: beginning in Hamburg, Germany, traversing through Copenhagen, Denmark, Gothenburg, Sweden, and ultimately reaching Oslo, Norway. This journey covers a variety of road conditions, including urban streets, highways, bridges, coastlines, and ramps, thereby fully showcasing the IC12E’s exceptional performance and adaptability in diverse environments. The test data shows that over a distance of 1,272 km, with an average energy consumption of as low as 0.7 kWh/km (the vehicle was not fully loaded), demonstrating its extraordinary leading strength in new-energy technology.

 

During the test, the IC12E successfully completed a 510 km range-challenge between Germany and Denmark, with SOC dropped from 99% to 31%, and remaining range indicated 170 km. In the charging-efficiency test, the SOC rose from 13% to 99% in just 1 hour and 40 minutes when charging with a single gun. In the continuous uphill sections in Norway, the IC12E demonstrated a strong power-performance with a grade ability of 20%.

Yutong U12, a premium battery electric bus engineered for main urban routes

The U12, winner of the Busworld Design Label, features a 12-meter body capable of carrying up to 95 passengers, while incorporating a high-strength, robust closed-ring body structure and YESS battery safety system, combining safety, efficiency, comfort, and intelligent management.

Moving forward, Yutong will continue to create greater value for customers and enhance public travel experiences with green, safe and comfortable mobility solutions.

For more information, please visit https://en.yutong.com/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/yutong-debuts-new-generation-battery-electric-intercity-bus-ic12e-at-uitp-summit-hamburg-2025-showcasing-electrification-innovation-302493267.html

SOURCE Yutong Bus

Milestone in Mascoutah: Regions Banker Celebrates 60 Years at the Same Branch

By Wayne Thompson

Mary Lou Schlueter made the same three-block trip from home to work up Main Street in Mascoutah, Illinois, that she’d made for six decades.

But what she found inside the bank building this morning was anything but typical for the longest-tenured active associate at Regions Bank.

Waiting inside for Schlueter were: John Jordan, head of Retail; Tyler Lipe, Midwest Consumer Banking Executive; Steve Nivet, Retail Sales and Service Performance Executive; Mascoutah Branch Manager Lamont Sneed; the area’s Consumer Banking Manager Jason Reinneck; Brandon Greve, head of Regions Investment Services; and other Regions Bank executives, family and friends.

All had traveled from far and near to say “thanks” to Schlueter for her extraordinary 60 years of service to Regions and Mascoutah. She began her bank career on June 7, 1965 with a predecessor bank and has never left the location on Main Street or its generations of customers.

‘Amazed and blessed’

“I was shocked when I saw all the cars in the parking lot and thought something was going on in the neighborhood,” Schlueter said of the surprise party sprung for her.

“When I walked in and saw all these people here, I was just overwhelmed,” she said. “It was so wonderful to see people from other states and my family.

“They did a great job keeping it a secret because no one told me a thing, not even my little granddaughter who I was with for more than an hour before I got here this morning. I’m just amazed and blessed.”

Jordan said the world-class experiences Regions seeks to deliver are the natural byproduct of trusted relationships like the ones Schlueter has established with so many Mascoutah residents for so long.

“With 60 years of tenure, there’s no telling how many experiences Mary Lou has really made world class,” he said.

“The biggest predictor of a world-class experience is the tenure of the person sitting across the desk from you. That’s why it’s so important to invest in our associates so Regions is a great place to bank and to build a career.”

Surprise anniversary gift

Lipe presented Schlueter with a crystal vase etched with her name and years of service. Then it was Nivet’s turn.

“You’ve been the voice and vision for our company here for 60 years,” he told Schlueter. “We cannot thank you enough for making a difference in all the lives that you’ve touched.”

That set up the morning’s biggest anniversary gift as Reinneck and Sneed presented a $6,000 check in Schlueter’s honor to Leu Civic Center. An agency of the United Way of Greater St. Louis, Leu served more than 6,200 local residents in 2024 through its education, low-cost athletics and community event programming.

“It was very much an honor to be there to see Mary Lou’s special day and all the people who came to celebrate her,” said Jenna Smith, executive director of the Leu Civic Center.

“We are so honored by the donation from Regions, and we want to, in turn, make sure that we use it to represent the impact Mary Lou has had on so many families in this community,” she said.

“We know it’s been very great over the 60 years she has spent at Regions — serving Regions and all the families that get to bank with her. We are so grateful for large donations like this. We can do a lot with a little and when we get a big one like this we can do a whole lot more.”

“We are so honored by the donation from Regions, and we want to, in turn, make sure that we use it to represent the impact Mary Lou has had on so many families in this community.”

Jenna Smith
Executive Director of the Leu Civic Center

Throwback decorations

Sneed and Schlueter’s teammates worked on the sly to deck out the branch from front to back for her in 1965-themed decorations.

Visitors learned from the displays that an average home cost $21,500 in 1965, cars went for $2,650, the Beatles’ “Yesterday” hit the radio and the word “Groovy” first entered the popular lexicon.

While the times have changed, Lipe said, the importance of people like Schlueter hasn’t.

‘A community legend’

“What makes Regions what it is are associates like Mary Lou that come to work with a smile on their face that take care of the customers and are involved in the community,” Lipe said. “She’s a community legend because of what she does in the community every single day. We’re so proud to have her.”

The Mascoutah branch is one of 23 full-service branches and 29 ATMs Regions operates in Clanton, Madison, St. Clair and Washington counties. Schlueter is one of about 135 associates working in the area and among the more than 7,400 serving customers for Regions at about 1,250 banking offices.

Schlueter started working at the bank because it was close to home and allowed her to also be a mom to her two children, including serving as the classroom grade mother at their school. She increased her hours at the bank as they grew and started their own families.

‘Rock of this branch’

“I love coming to work because I like people,” Schlueter said. “I plan to keep working as long as my body and brain and Regions let me.”

Because of what Schlueter means to Mascoutah and Regions, Sneed and the branch team decided to honor her in 2022 as a “Regions Legend.” She rode in the Mascoutah Homecoming parade complete with crown, sash and corsage.

The other half of Mascoutah’s ‘Dynamic Duo’ with Schlueter on the teller line – Relationship Banker Marissa Lahey – missed Mary Lou’s parade debut three years ago due to delivering a baby.

But she wasn’t about to miss the anniversary celebration of one of her best friends.

“I don’t think I know a single person who has worked at a company as long as she has, but it’s not even just that,” Lahey said. “Mary Lou truly treats me as if I’m one of our own grandkids and loves this job like no other.

“I’m really grateful for the leaders who took the time to come out and celebrate her with us because Mary Lou truly is the rock of this branch. If it wasn’t for her, I don’t know where I would be today.”

I’m really grateful for the leaders who took the time to come out and celebrate her with us because Mary Lou truly is the rock of this branch. If it wasn’t for her, I don’t know where I would be today.

-Marissa Lahey
Relationshop Banker I

Posted in UncategorizedTagged