I-Bytes IT Shades

Engage & Enable

Manufacturing
July Edition 2021
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 IT Shades
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singular aim of engaging and of latest data points and publicly announcements in this document.
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Table of Content s

1. Financial, M & A Updates...................................................................................................................................1

2. Solution Updates................................................................................................................................................25

3. Rewards and Recognition Updates..................................................................................................................40

4. Customer Success Updates...............................................................................................................................55

5. Partnership Ecosystem Updates......................................................................................................................74

6. Environment & Social Updates.......................................................................................................................94

7. Miscellaneous Updates....................................................................................................................................104

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 IT Shades
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Financial, M & A
Updates Manufacturing Industry

For any queries, Please write to [email protected]

Financial, M&A Updates
ABB (Switzerland) to acquire ASTI Mobile Robotics Group to drive next generation IT Shades
of flexible automation with Autonomous Mobile Robots Engage & Enable

Description Executive Commentary

ABB announced it will acquire ASTI Mobile Robotics Group (ASTI), a leading “With their industry-leading portfolio, comprehensive suite of software and

global autonomous mobile robot (AMR) manufacturer with a broad portfolio deep domain expertise across growth segments, ASTI is the perfect choice for

across all major applications enabled by the company’s software suite. This will us as we support our customers with the next generation of flexible

expand ABB’s robotics and automation offering, making it the only company to automation,” said President of ABB’s Robotics & Discrete Automation

offer a complete portfolio for the next generation of flexible automation. The business. “With this acquisition, ABB will be the only company to offer a full
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acquisition, a key part of ABB’s external growth strategy, was signed on July 19 automation portfolio of AMRs, robots and machine automation solutions,
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and is expected to close in mid-summer 2021. Both parties agreed not to disclose from production to logistics to point of consumption. This is a game changer
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any details regarding the purchase price. Founded in 1982, ASTI is headquartered for our customers as they adapt to the individualized consumer and seize

in Burgos, Spain and employs over 300 people in Spain, France and Germany. It opportunities presented by significant changes in consumer demand.”

is majority owned by Veronica Pascual Boé, who is also CEO. Other shareholders

include European Growth Buyout investor Keensight Capital. it supports one of

Europe’s largest installed fleets of AMRs and has a broad customer base in

automotive, logistics, food & beverage and pharmaceuticals in 20 countries.

Since 2015, the company has enjoyed close to 30 percent growth on an annual

basis and is targeting approximately $50 million in revenue in 2021.

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For any queries, Please write to [email protected]
Financial, M&A Updates
ASSA ABLOY (Sweden) acquires MR Group´s hardware division in Portugal IT Shades
Engage & Enable

Description Executive Commentary

ASSA ABLOY has signed an agreement to acquire MR Group´s "I am very pleased to welcome the MR Group hardware

hardware division, a leading supplier of aluminum profile division into the ASSA ABLOY Group. This acquisition

hardware and locks in Portugal. MR Group´s hardware division delivers on our strategy to strengthen our position in the

has some 380 employees, and the company was established in mature markets through adding complementary products and
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1976. Sales for 2020 amounted to about 23 MEUR with a good solutions to our core business,” says and CEO of ASSA
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EBIT margin. The acquisition will be accretive to EPS from start. ABLOY. tetuer

The acquisition is subject to regulatory approval and customary

closing conditions and is expected to close during the third

quarter of 2021.

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For any queries, Please write to [email protected]
Financial, M&A Updates
BASF (Germany) expands chemical catalyst recycling capacity and capability IT Shades
Engage & Enable

Description Executive Commentary

BASF has expanded its chemical catalyst recycling capacity and “This investment allows us to meet the increased customer

capability with the acquisition of Zodiac Enterprises LLC in demand for recycling spent chemical and automotive

Caldwell Texas. The site recycles precious metals from industrial catalysts,” said Vice President BASF Precious Metals Refining

scrap, primarily chemical catalysts, and will complement BASF’s and Chemicals & Battery Recycling.
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existing precious metal recycling operations in Seneca, South ipsum
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Carolina. It will also provide increased smelting capacity in North tetuer

America. Additional personnel will be hired to expand the site’s

production capabilities. The additional smelting capacity at the

Caldwell site will help utilize the recently announced refinery

expansion in Seneca. Recycled catalysts go through smelting and

are then refined to produce the high purity precious metal needed

to make fresh catalysts.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Solvay (Belgium) completes acquisition of Bayer’s (Germany) global seed coatings IT Shades
business Engage & Enable

Description Executive Commentary

Solvay and Bayer announced the successful closing of Solvay's “This acquisition continues Solvay's strategy to strengthen our

previously announced acquisition of Bayer’s global Coatings range of sustainable, bio-based solutions for agricultural

Business, with facilities in Méréville, France, and tolling customers, fully aligned to our G.R.O.W. strategy,”

operations in the U.S. and Brazil. The business is recognized commented president of Solvay's Novecare business unit. “We
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globally for seed coating and seed enhancement products such as are proud to welcome the legacy Bayer SeedGrowth coatings
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Peridiam, fluency powders, Certop, Pro-Ized Pigment, and team to our Solvay agricultural specialties family.”
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Talkum, and its research and development capabilities for on-seed

formulations. The Méréville facility's entire product portfolio,

R&D projects and the business line’s international tolling

operations are now fully transferred to Solvay.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Brenntag (Germany) to Acquire Jm Swank and Thus Creates the Leading Food IT Shades
Ingredients Distributor in the North American Market Engage & Enable

Description Executive Commentary

Brenntag the global market leader in chemicals and ingredients Chief Executive Officer of Brenntag SE: “With JM Swank, we

distribution announces the acquisition of the US-located Storm Chaser acquire a renowned leader in the North American market in the sector

Holding Corporation from Platinum Equity. The company is a leading of food ingredients distribution. This strategic acquisition will double

distributor of food ingredients “JM Swank and reported sales of Brenntag’s size in the Nutrition business in the region and thus creates

approximately USD 500 million in 2020. With an enterprise value of the leading food
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ingredients and food process chemicals distributor in
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USD 304 million, this is a decisive step in expanding Brenntag’s position North America with approximately one billion US dollars in revenue.
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in the North American Nutrition industry and a key acquisition aligned Nutrition is one of the defined focus industries in the Brenntag

with Brenntag’s M&A strategy. The acquired company offers a highly Specialties division. This acquisition is fully in line with our M&A

diversified product portfolio of food ingredients such as spices, dairy, strategy as it accomplishes key strategic objectives: acquiring

grain, sweeteners, fats & oils, texturants, flavors & colors, starches, companies generating a meaningful operating EBITDA contribution

cocoa, and inclusions. JM Swank’s broad product line perfectly as well as targets accelerating growth of our Brenntag Specialties

complements Brenntag’s existing portfolio in the Nutrition industry. division.”

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For any queries, Please write to [email protected]
Financial, M&A Updates
Celanese (USA) to Acquire Exxonmobil’s Santoprene™ Tpv Elastomers Business IT Shades
Engage & Enable

Description Executive Commentary

Celanese Corporation a global chemical and specialty materials “With the acquisition of the Santoprene™ business, we are
company, announced the signing of a definitive agreement to further expanding the unrivaled portfolio of engineered
acquire the Santoprene™ TPV elastomers business of Exxon solutions we bring to our customers,” said chairman and chief
Mobil Corporation. Celanese will acquire the industry-renowned executive officer. “This transaction represents a high-return
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Santoprene™ brand as part of a comprehensive TPV product opportunity to drive future shareholder value by deploying our
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portfolio, along with intellectual property, production and excess cash from the monetization of our passive ownership in
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commercial assets, and a world-class organization. Polyplastics and continued strong cash generation in our
businesses. We are eager to welcome the Santoprene™ team to
Celanese and look forward to their contributions to our
continued growth in Engineered Materials.”

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For any queries, Please write to [email protected]
Financial, M&A Updates
Celanese (USA) Acquires Pom Technology and Sales Agreements from Grupa IT Shades
Azoty Engage & Enable

Description Executive Commentary

Celanese Corporation a global chemical and specialty Materials “This transaction will enable Celanese to serve Azoty’s
Company, announced that it has acquired certain technology customers with Celanese assets, thereby allowing for an
relating to the production of polyacetal (POM) products from incremental volume opportunity for Celanese as well as access
Grupa Azoty S.A. of Tarnow, Poland, after its decision to to a POM customer base and a proven POM technology in
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discontinue its POM manufacturing. Celanese will take over all Tarnoform®,” said Senior Vice President, Engineered
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existing Tarnoform® contracts in order to serve Azoty’s Materials, and Celanese. “Our Engineered Materials business
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customers. However, with the exception of certain equipment is a critical growth engine for Celanese, and we continue to
transferred in connection with the intellectual property transfer, take the strategic steps needed, such as this customer and
this transaction does not include any of Azoty’s employees, product acquisition, to fuel the ongoing success of the
tangible assets, manufacturing facilities or sales offices. business,” concluded Kelly.

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For any queries, Please write to [email protected]
Financial, M&A Updates
CNH Industrial (UK) to Acquire Raven Industries, Enhancing Precision Agriculture IT Shades
Capabilities and Scale Engage & Enable

Description Executive Commentary

CNH Industrial N.V. announced that it has entered into an agreement to “Precision agriculture and autonomy are critical components of our

acquire 100% of the capital stock of Raven Industries, Inc. a US-based strategy to help our agricultural customers reach the next level of

leader in precision agriculture technology for US$58 per share, productivity and to unlock the true potential of their operations,” said

representing a 33.6% premium to the Raven Industries 4-week Chief Executive Officer, CNH Industrial. “Raven has been a pioneer

volume-weighted average stock price, and US$2.1 billion Enterprise in precisionLorem

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agriculture for decades, and their deep product
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Value. The transaction will be funded with available cash on hand of experience, customer driven software expertise and engineering
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CNH Industrial. Closing is expected to occur in the fourth quarter of acumen offer a significant boost to our capabilities. This acquisition

2021, subject to the satisfaction of customary closing conditions, emphasizes our commitment to enhance our precision farming

including approval of Raven shareholders and receipt of regulatory portfolio and aligns with our digital transformation strategy. The

approvals. The acquisition builds upon a long partnership between the combination of Raven’s technologies and CNH Industrial’s strong

two companies and will further enhance CNH Industrial’s position in the current and new product portfolio will provide our customers with

global agriculture equipment market by adding strong innovation novel, connected technologies, allowing them to be more productive

capabilities in autonomous and precision agriculture technology. and efficient.”

8
For any queries, Please write to [email protected]
Financial, M&A Updates
Cummins (USA) to Acquire 50 Percent of Momentum Fuel Technologies from IT Shades
Rush Enterprises Engage & Enable

Description Executive Commentary

Cummins Inc. and Rush Enterprises, Inc. announced that they "This partnership will improve customer’s service for both
have signed a Letter of Intent for Cummins to acquire a 50% CNG and RNG through an improved support network. We are
equity interest in Momentum Fuel Technologies from Rush thrilled to expand our network of clean and reliable power
Enterprises. The proposed transaction is expected to close later solutions."
this year, subject to completion of customary pre-closing Lorem
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activities and entering into mutually agreeable transaction consec-

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documentation. The joint venture between Rush Enterprises and

Cummins will produce Cummins-branded natural gas fuel
delivery systems for the commercial vehicle market in North
America, combining the strengths of Momentum Fuel
Technologies’ compressed natural gas (CNG) fuel delivery
systems, Cummins’ powertrain expertise, and the engineering and
support infrastructure of both companies. 9
For any queries, Please write to [email protected]
Financial, M&A Updates
Danaher (USA) to Acquire Aldevron IT Shades
Engage & Enable

Description Executive Commentary

Danaher Corporation announced that Danaher has entered into a Danaher President and Chief Executive Officer, said, "We are

definitive agreement to acquire privately-held Aldevron, for a cash thrilled to have Aldevron join Danaher's Life Sciences segment.

purchase price of approximately $9.6 billion. Danaher expects to For nearly 25 years, Aldevron has made tremendous

finance the acquisition using cash on hand and/or proceeds from the contributions to the advancement of cell, gene and other novel

issuance of commercial paper. Founded in 1998 by Michael therapies and vaccines. This acquisition will expand our
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Chambers and John Ballantyne, Aldevron is headquartered in capabilities into the important field of genomic medicine and
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Fargo, North Dakota and employs approximately 600 people. help us support our customers and their critical mission to bring

Aldevron manufactures high-quality plasmid DNA, mRNA, and more life-saving therapies and vaccines to market faster."

proteins, serving biotechnology and pharmaceutical customers

across research, clinical and commercial applications. Aldevron will

operate as a standalone operating company and brand within

Danaher's Life Sciences segment.

10
For any queries, Please write to [email protected]
Financial, M&A Updates
Hexagon (Sweden) to acquire Infor's EAM business and form a broader strategic IT Shades
relationship with Infor and Koch Engage & Enable

Description Executive Commentary

Hexagon AB, a global leader in digital reality solutions, announced an “Infor EAM is continuously ranked by analysts as a market leader

agreement to acquire Infor’s global EAM (enterprise asset management) among best-of-breed EAM solutions and is considered by thousands of

business, for approximately 2,750 MUSD. The terms of the agreement customers as one of the industry’s most compelling solutions,” says

include establishing a deeper commercial relationship between Hexagon Hexagon President and CEO. “Hexagon’s decision to acquire this

and Infor as well as Hexagon and Koch Equity Development, both business is aLorem
strong endorsement of our mission to put data to work to
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subsidiaries of Koch Industries, Inc. Hexagon gains a best-in-class, enable autonomous, connected ecosystems that boost efficiency,
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SaaS-based asset management solution – Infor EAM – which is used to productivity, quality and safety for our customers.”

track assets, digitalise maintenance operations and enable customers in

nearly any industry to reach optimum operational efficiency. EAM

solutions provide the foundation of digital innovation in asset-intensive

industries, where digital realities, or digital operational twins, are

increasingly leveraged to provide a single source of truth and complete

line-of-sight to ever-changing situations.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Huntington (USA) Ingalls Industries to Acquire Alion Science and Technology – IT Shades
Enhancing its National Security Solutions Portfolio Engage & Enable

Description Executive Commentary

Huntington Ingalls Industries announced that it has entered into a definitive “We established the Technical Solutions division in 2016 with a vision and

agreement to acquire Alion Science and Technology for $1.65 billion in cash from strategy focused on partnering with our customers to solve their most pressing

Veritas Capital, subject to customary adjustments. Alion is a high value-added, challenges,” said HII’s president and CEO. “Announcement coupled with our

technology-driven solutions provider for the global defense marketplace. The previous investments in leading edge technologies, such as cyber security and

transaction represents an enterprise value-to-expected 2022 adjusted EBITDA1 autonomous systems, reflects our commitment to stay on the cutting edge of

multiple of approximately 12.2x. Alion will become part of Huntington Ingalls critical, high-growth
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national security solutions and generate significant
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Industries’ Technical Solutions division. The transaction is expected to close in the long-term value for our shareholders.”
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second half of 2021, subject to customary closing conditions. Alion provides

advanced engineering and R&D services in the areas of ISR, military training and

simulation, cyber, data analytics and other next-generation technology based

solutions to the DOD and intelligence community customers, with the U.S. Navy

representing about one third of current annual revenues. Alion is poised for continued

strong growth with over $3 billion in backlog today, with more than $5 billion in

estimated contract value and a robust opportunity pipeline. Alion has more than

3,200 employees with over 80% of employees maintaining security clearances.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Indorama Ventures (Thailand) completes acquisition of CarbonLite’s Texas PET IT Shades
Recycling Facility Engage & Enable

Description Executive Commentary

Indorama Ventures a global chemicals producer has completed its CEO of Combined PET IOD and Fibers Business at Indorama

acquisition of CarbonLite Holdings’ facility in Texas as part of the Ventures said, “We are excited to have completed this

company’s commitment to increasing PET recycling capacity. acquisition and welcome new employees to the Indorama

Now known as Indorama Ventures Sustainable Recycling (IVSR), Ventures family. Dallas now joins Indorama Ventures
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the Dallas site is one of the largest producers of food-grade recycling sites around the globe, dedicated to giving new life to
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recycled pellets in the U.S., with a combined capacity of 92,000 post-consumer beverage bottles. We are also pleased to support
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tons annually. The facility will recycle more than 3 billion PET more than 130 green jobs for the Dallas community. Indorama

plastic beverage bottles per year and support more than 130 jobs Ventures Sustainable Recycling, as it will now be known, will

directly. With this acquisition, IVL expands its U.S. recycling complement our existing PET and fibre businesses in the US.

capacity to 10 billion beverage bottles a year, towards its global By providing an expanded global recycling presence, we will

target of recycling 50 billion bottles (750,000 metric tons) meet the growing needs of our customers.”

annually by 2025.
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For any queries, Please write to [email protected]
Financial, M&A Updates
Ingersoll Rand (Ireland) to Acquire Seepex GmbH into Precision and Science IT Shades
Technologies Segment Engage & Enable

Description Executive Commentary

Ingersoll Rand Inc. a global provider of mission-critical flow creation “Adding progressive cavity pumps to our portfolio has been a

and industrial solutions, has entered into an agreement to acquire strategic priority, and Seepex sets us up for future growth as well as

positive displacement pump manufacturer, Seepex GmbH (Seepex). The complements our existing PST brands,” said vice president and

all-cash transaction, valued at €431.5 million, is expected to close during general manager of the Precision and Science Technologies segment.

Q3 upon obtaining required regulatory approvals. Seepex is a “The provenLorem

capability and expertise of the Seepex team is second to
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world-leading manufacturer of progressive cavity pumps, a segment of none with their intellectual property outpacing key competitors in
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positive displacement pumps that primarily serves water, wastewater, terms of new patents and product development, and the robust

food and beverage, and chemical end markets. Based in Bottrop, Industrial Internet of Things (IIOT) platform they have built around

Germany with facilities in North America and Asia Pacific, Seepex has the pump in which they have invested approximately €10 million.

approximately 800 employees and annual revenue of approximately This digital capability and associated aftermarket efforts are focus

€160 million. Upon transaction close, the Seepex business will join the areas we plan to scale across the whole PST segment of Ingersoll

Ingersoll Rand Precision and Science Technologies (PST) segment. Rand. We are honored to bring these two teams together and I look

forward to working with the Seepex team.”

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For any queries, Please write to [email protected]
Financial, M&A Updates
Ingersoll Rand (Ireland) to Acquire Maximus IT Shades
Engage & Enable

Description Executive Commentary

Ingersoll Rand Inc. a global provider of mission-critical flow creation and “Smart, connected products, digital capabilities and technology are core

industrial solutions, has entered into an agreement to acquire Maximus, a to our growth and today’s announcement delivers on our commitment to

provider of digital controls and Industrial Internet of Things (IIoT) deploy capital in pursuit of this strategy,” said chief executive officer of

production management systems for the agritech market. The all-cash Ingersoll Rand. “Maximus has built significant expertise in controls and

transaction, valued at CAD$135.4 million, is expected to close in Q3 upon IIoT technology that aligns well with Ingersoll Rand and our current
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obtaining required regulatory approvals. Upon transaction close, Maximus brands. Leveraging Ingersoll Rand Execution Excellence (IRX) will
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will join the PST segment. The Maximus System is a centralized controller help drive additional innovation and significant synergies with Dosatron

and IIoT platform which connects to farm devices and simplifies facility and other PST brands. This acquisition is expected to generate

management. The System tracks the state of farm infrastructure and significant value for our stockholders.”

automates tasks based on artificial intelligence (AI) logic. Based in

Montreal, Canada, Maximus has approximately 100 employees and annual

revenue of approximately CAD$40 million. The company has experienced

greater than 30% revenue CAGR over the past five years, and is expecting

strong double digit growth over the next five years.

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For any queries, Please write to [email protected]
Financial, M&A Updates
LyondellBasell (Netherland) announces acquisition of PolyPacific Polymers Sdn. IT Shades
Bhd. in Malaysia Engage & Enable

Description Executive Commentary

LyondellBasell one of the largest plastics, chemicals and refining "We admire PolyPacific Pty. Ltd for the business and

companies in the world, announced it has acquired 100 percent of reputation they established over the past four decades, and

PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia. wish them well as they continue to operate their Australian

PPM is a 25kt manufacturing facility producing reinforced and compounding business in Melbourne. We are excited to
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modified polyolefin compounds. Upon completion of the capture the value of PPM within our APS Asian footprint" said
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acquisition, the facility will undergo a rebranding and name Executive Vice President, Advanced Polymer Solutions and

change, and its employees will become LyondellBasell Supply Chain, LyondellBasell. "We welcome our new

employees. PPM will continue to produce and supply the ongoing employees to the LyondellBasell family."

business products to its customers.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Motorola (USA) Solutions to Acquire Cloud-Based Mobile Access Control Provider IT Shades
Openpath Engage & Enable

Description Executive Commentary

Motorola Solutions announced it has entered into a definitive agreement to “Securing businesses around the world has never been more critical,”

acquire Openpath Security Inc., a cloud-based mobile access control said chairman and CEO, Motorola Solutions. “This acquisition enables

provider. Motorola Solutions expects to close the transaction by the end of us to combine the power of video security and access control together,

the month. Terms of the transaction were not disclosed. Openpath is a providing unprecedented situational awareness, where every physical

leader within the access control industry. Openpath’s solution makes entry and exit is authenticated and recorded with access control and
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businesses more secure with multi-factor authentication, enables a video.” amet,
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contactless entry experience and can be easily scaled and managed due to

its cloud-based architecture. Businesses will have 24/7 visibility of their

access points anywhere around the world and be able to provide a

frictionless walk-through experience enabled by a mobile app. The

combined leadership of Motorola Solutions and Openpath in video security

and access control will allow Motorola Solutions to build on its extensive

footprint in supporting enterprise customers with an unparalleled security

solution.
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For any queries, Please write to [email protected]
Financial, M&A Updates
PPG (USA) Completes its Acquisition of Tikkurila, a Leading Nordic Paint and IT Shades
Coatings Company Engage & Enable

Description Executive Commentary

PPG announced that it has completed its acquisition of all of the shares of Tikkurila “We look forward to welcoming Tikkurila employees and leveraging the company’s

tendered into PPG’s tender offer as of the expiration of the offer on June 4, 2021. complementary geographic footprint and strong portfolio of decorative brands to

Tikkurila shareholders received €34.00 in cash for each of the 38,711,646 million shares drive future growth,” said PPG chairman and chief executive officer. “Our teams will

of Tikkurila tendered. Together with the shares it previously acquired, PPG now controls work as One PPG to provide customers with expanded paint and coatings options

97.1% of Tikkurila’s issued and outstanding shares. The remaining 2.9% will be acquired that will now include Tikkurila’s environmentally friendly decorative products and

through a squeeze out process, which will be initiated promptly. Tikkurila was high-quality industrial
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established in 1862, and is headquartered in Vantaa, Finland. The company is a leading amet,
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producer and distributor of decorative paint and coatings with operations in 11 countries

and more than 80% of its revenue coming from Finland, Sweden, Russia, Poland, and the

Baltic states. Its brands include Tikkurila, ALCRO, Teks, Vivacolor, and Beckers.

Tikkurila uses the Beckers brand only in its decorative paints in Scandinavian countries

as well as in some parts of Eastern Europe under a license from Aktiebolaget Wilh.

Becker, obtained in conjunction with its acquisition of Alcro-Beckers Ab in 2001.

Tikkurila’s industrial paint business produces paints and coatings for the wood and metal

industries, among others. The company employs approximately 2,400 people globally

and reported sales of approximately €582 million in 2020.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Sandvik (Sweden) to acquire the Polish round tools company Fanar IT Shades
Engage & Enable

Description Executive Commentary

Sandvik has signed an agreement to acquire the Polish company “I am very pleased that we have reached an agreement to

Fabryka Narzędzi FANAR S.A. a manufacturer of round tools. acquire Fanar, it will enhance our presence in the important

The company will be reported in Seco, a division within the Polish market and strengthen our exposure to our focused

business area Sandvik Manufacturing and Machining Solutions. segments” says President of business area segment Sandvik
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The acquisition enhances Seco’s product offering in taps and solid Machining Solutions.
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threading applications and improves the presence in Poland and

the growing market for round tools. Fanar was established in

1966, is headquartered outside Warsaw and has 230 employees. In

2020, Fanar had revenues of about SEK 175 million. Impact on

Sandvik’s earnings per share will be limited. The parties have

agreed not to disclose the purchase price.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Sandvik (Sweden) to acquire metrology and automation company DWFritz IT Shades
Automation Engage & Enable

Description Executive Commentary

Sandvik has signed an agreement to acquire US based DWFritz “By acquiring DWFritz Automation we will be able to expand

Automation Inc., a leading global provider of precision our metrology and automation offering further. This will not

metrology, inspection- and assembly solutions for advanced only strengthen our position, but will also enable us to offer

manufacturing. DWFritz Automation designs, builds and full metrology solutions to our customers – which will reduce
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supports engineer-to-order high-speed, non-contact metrology cost and improve quality significantly in their broader value
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solutions and automation systems. The company will be reported chain. I look forward to welcoming the DWFritz team to

in the Metrology division, within business area Sandvik Sandvik,“ says President of the Metrology division in Sandvik

Manufacturing and Machining Solutions. With DWFritz Manufacturing Solutions.

Automation, Sandvik would expand its current metrology

offering and take a leading position in in-line metrology,

including a broader position in high-speed, high-volume,

non-contact inspection and assembly automation.

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For any queries, Please write to [email protected]
Financial, M&A Updates
Sandvik (Sweden) to acquire leading CAM software company Cambrio IT Shades
Engage & Enable

Description Executive Commentary

Sandvik has signed an agreement with Battery Ventures to acquire “This is in line with our strategic focus to grow organically and

US-based Cambrio, a leading company with an end-to-end portfolio in through acquisitions in the advanced manufacturing space, with

CAD/CAM software for manufacturing industries like automotive, special focus on industrial software close to component

transportation, energy, medical and aerospace. Cambrio will be manufacturing, industrial metrology- and additive manufacturing
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reported in the Design & Planning Automation division within solutions. Cambrio will enable a broadened customer offering,
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Sandvik Manufacturing and Machining Solutions. Sandvik’s strategic covering more of the total manufacturing value chain,” says
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ambition is to provide customers with software solutions enabling President and CEO of Sandvik.

automation of the full component manufacturing value chain – from

design and planning to preparation, production and verification.

Computer Aided Manufacturing (CAM) plays a vital role in the digital

manufacturing process, creating an offer of automated solutions from

design to machining.
21
For any queries, Please write to [email protected]
Financial, M&A Updates
Sandvik (Sweden) to acquire Australian rock tools supplier Tricon IT Shades
Engage & Enable

Description Executive Commentary

Sandvik has signed an agreement to acquire Tricon Drilling “I am pleased that we continue to deliver on our active

Solutions Pty. Ltd, a privately-owned supplier of rock tools for acquisition agenda, and I look forward to welcoming Tricon to

the mining industry, based in Perth, Australia. Tricon will operate Sandvik,” says, President of Sandvik Mining and Rock

as an independent, standalone business unit within the Rock Tools Solutions.

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division of Sandvik Mining and Rock Solutions. Tricon’s product ipsum

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amet,
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offering includes rotary bits, DTH (Down-The-Hole) hammers

and bits, as well as full rotary and DTH drill strings. The company

has 24 employees. Tricon has design capabilities for rotary bits

in-house but outsources manufacturing, with Sandvik being one

of its rotary bit suppliers. Drill string products are produced in

Tricon’s own facility.

22
For any queries, Please write to [email protected]
Financial, M&A Updates
Sime Darby (Malaysia) Berhad to acquire Australia’s Salmon Earthmoving Holdings IT Shades
Engage & Enable

Description Executive Commentary

Sime Darby Berhad announced that its wholly-owned “The transaction provides a rare opportunity for Sime Darby

subsidiary, Sime Darby Industrial Australia Pty Ltd will acquire to acquire an established company with more than 70 years

Salmon Earthmoving Holdings Pty Ltd a leading provider of of know-how. We believe Salmon Australia will complement

rental and maintenance services in Australia servicing the civil and strengthen our Industrial division’s presence in the
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construction, agricultural and mining sectors. Salmon Australia Australian market,” Sime Darby Berhad Group Chief
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is headquartered in Staplyton, near Brisbane in Queensland, Executive Officer Dato’ Davidson said.

Australia with over 280 pieces of large plant and equipment on

offer, supported by over 120 employees and branch workshops

across Queensland, along with onsite maintenance facilities and

field service support vehicles.

23
For any queries, Please write to [email protected]
Financial, M&A Updates
Solvay (Belgium) completes acquisition of Bayer’s global seed coatings business IT Shades
Engage & Enable

Description Executive Commentary

Solvay and Bayer announced the successful closing of Solvay's previously announced “This acquisition continues Solvay's strategy to strengthen our range of sustainable,

acquisition of Bayer’s global coatings business, with facilities in Méréville, France, and bio-based solutions for agricultural customers, fully aligned to our G.R.O.W. strategy,”

tolling operations in the U.S. and Brazil. The business is recognized globally for seed coating commented president of Solvay's Novecare business unit. “We are proud to welcome the

and seed enhancement products such as Peridiam, fluency powders, Certop, Pro-Ized legacy Bayer SeedGrowth coatings team to our Solvay agricultural specialties family.”

Pigment, and Talkum, and its research and development capabilities for on-seed

formulations. The Méréville facility's entire product portfolio, R&D projects and the
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business line's international tolling operations are now fully transferred to Solvay. The dolor sit
amet,
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Méréville facility has 36 permanent employees and conducts industry-leading research and tetuer

development of application technologies for seeds, such as seed coating and filming

processes, representing around 20% of the site’s activity, while the remaining 80% is

dedicated to research and formulation of aqueous solutions called film-coaters. The film

coaters developed at the Méréville site are exported and used in 35 countries all over the

world. Seed coatings can best be understood as the “glue” that allows any seed treatment

product to bind to the actual seed. In combination, the active ingredient that is coated on the

seed helps to protect seeds against insects and diseases that could prevent the seed from

germinating or growing. Seed treatments are especially important for field crop seeds such

as wheat, rapeseed, maize, sunflower, rice and soya, and vegetable seeds such as beetroot.
24
For any queries, Please write to [email protected]
 IT Shades
Engage & Enable

Solutions Updates
Manufacturing Industry

For any queries, Please write to [email protected]

Solution Updates
Alstom (France) presents the world's first hydrogen passenger train in
IT Shades
Poland Engage & Enable

Solution Descriptio n

The Coradia iLint, world's first hydrogen fuel cell passenger train, manufactured by Alstom, world leader in green and smart mobility, has made

its debut on the Railway Research Institute's test track in Żmigród, near Wrocław in Poland. Over two days, Alstom teams are presenting the train

to a variety of local stakeholders, including regional operators, transport authorities, government decision-makers and leading media, in order to

highlight the potential of the Coradia iLint for sustainable transport in Poland. The showcase comes in the wake of the announcement of Poland’s
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National Recovery Plan, which includes provisions for the introduction of thirty low-emission trains for Polish regional operators by 2026. Alstom
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Coradia iLint is the world’s first and only operational passenger train powered by hydrogen fuel cells. This completely emission-free train is quiet

and emits only water vapor and condensation. The train features several different innovations: clean energy conversion and efficient energy supply
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and storage system combined with intelligent energy management. Designed specifically for use on non-electrified lines, it enables clean,
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sustainable train operations. The world's first hydrogen train was built by Alstom in Salzgitter, Germany whereas body shells are produced at
dolore
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erat
volutpat.

Alstom Konstal site in Katowice, Poland. The train is based on the service-proven diesel train family Coradia Lint. Replacing the diesel traction
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minim veniam, quis nostrud exerci tation
ullamcorper

by fuel cell technology allows completely clean train operation with a performance matching that of regular Coradia Lint diesel multiple units,

which means these trains can operate the same timetable as the diesel ones.
25
For any queries, Please write to [email protected]
Solution Updates
Arkema (France) launches a new renewable pvdf grade for batteries
IT Shades
Engage & Enable

Solution Descriptio n

Kynar® CTO PVDF grades using the mass balance approach under the ISCC+ certification process will be produced firstly in Arkema’s

Pierre-Bénite plant in France for its European customers, focusing initially on grades specifically targeted for the lithium-ion battery market.

This patent pending technology allows a climate change impact reduction of almost 20% of the Kynar® PVDF binder (expressed in kg eq.
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CO2/kg, according to the ISO14040 standard) while reducing dependence on upstream crude oil consumption. The crude tall oil used in
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dolor sit amet,
ipsum dolor sit
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amet, consectetuer tetuer
adipiscing elit, sed diam
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upstream feedstock production is a residue of the Kraft process of wood pulp manufacture. The new Kynar® CTO grades are certified to be
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ing elit,
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diam

compliant with industry leading responsible forestry standards. They do not result in deforestation, and there is no direct competition with
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food crops. In a second phase, the production of this range of sustainable PVDF grades will be extended to each of Arkema’s global PVDF nibh
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manufacturing sites and will be made available to all traditional PVDF markets and applications. Furthermore, Arkema has already announced
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dolore
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a project in the United States to produce PVDF grades using fluorine derived as a co-product from the agrochemical industry, thus requiring
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volutpat.
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minim veniam, quis nostrud exerci tation
no dedicated fluorspar mining. These grades are expected to be commercialized by mid-2022. Kynar® CTO grades will be offered as
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functionally identical alternatives to Arkema’s flagship binder grades, Kynar® HSV900 and Kynar® HSV1810.

26
For any queries, Please write to [email protected]
Solution Updates
Avery Dennison (USA) announces new standard to identify sustainable
IT Shades
products Engage & Enable

Solution Descriptio n

Avery Dennison announces the launch of Sustainable Advantage, its new flagship products and solutions portfolio, setting the benchmark for innovation and
sustainability. While many products and solutions within the portfolio have been readily available, bringing them together under one identifiable umbrella
will give customers confidence in meeting their own sustainability goals. By creating a clear standard, Sustainable Advantage will enable companies across
global industries to use fewer natural resources, cut carbon emissions, reduce waste, and build towards a low-carbon, circular economy. Through digital
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strategies and intelligent labelling solutions, Sustainable Advantage drives circularity and provides customers with invaluable insight on their supply chain
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impact. This can further efforts to reduce their environmental footprint, satisfy consumer demand
diam and expectations, increase recyclability, and respond

effectively to government regulations, while achieving their own sustainability goals. The solutions within the range include adhesives that enable more
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plastic to be recycled water-efficient digital printers labels and tags made with 100% certified paper industrial tapes to replace heavier fasteners compostable
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paper packaging for shipping digital ID technologies and tools and services to empower companies to make not just their products more sustainable, but their
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operations too. With a long-established commitment to advancing sustainability throughout
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the value chain, Avery Dennison has designed Sustainable
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Advantage with the UN’s Sustainable Development Goals twelve and thirteen in mind. At the same time, the product range will contribute directly to the
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company’s 2030 goal to provide a portfolio of products and solutions that will satisfy the recycling, composting or reuse requirements of single-use consumer
packaging and apparel and support its ambition to be net-zero on greenhouse gas emissions by 2050.
27
For any queries, Please write to [email protected]
Solution Updates
BASF (Germany) launches QDYESTM for sustainable wide color gamut
IT Shades
display applications Engage & Enable

Solution Descriptio n

BASF launches QDYESTM, an organic fluorescent material for display applications, to support manufacturers in producing the next generation wide

color gamut displays, serving needs in the TV/monitor, tablet, and mobile device markets. BASF’s proprietary SunvueTM color conversion technology

was launched in early 2018 to optimize blue LED light for different applications. It offers energy-efficient, bright, and comfortable lighting solutions

which are close to natural sunlight. BASF’s latest QDYESTM products, organic-based
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fluorescent materials specially created for use in LCD backlight,
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ipsum dolor sit
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amet, consectetuer
tetuer
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are based on the ground-breaking SunvueTM color conversion technology. “SunvueTM technology represents a paradigm shift in LED lighting. It is
nonummy
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ing elit,
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diam
possible to change the light of conventional LEDs and adapt it optimally for different applications. Supported by the SunvueTM technology,

QDYESTM is the latest product we offer to display manufacturers in need of sustainable and wide
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my color gamut display applications.” says Business
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Manager Display, BASF Electronic Materials. Applied in color converting films via extrusion process, QDYESTM is insensitive to humidity and
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oxygen, and is fully RoHS compliant with no heavy metal such as cadmium and lead or other hazardous materials like indium phosphide. Due to its
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volutpat.
high efficiency and narrow emission spectra, QDYESTM achieve Utminim
100%
wisi in DCI-P3 enim and
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ad 80% in Rec2020 gamut when combined with suitable color
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filters. In addition, the organic QDYESTM can efficiently convert long wavelength LED blue light into high quality white light with less sacrifice of

color gamut, the emission of harmful blue light (<455nm) is therefore drastically reduced for TUV Eyesafe® standard.
28
For any queries, Please write to [email protected]
Solution Updates
Braskem (Brazil) develops the world's first renewable-source polyethylene
IT Shades
wax Engage & Enable

Solution Descriptio n

Braskem launches the world's first polyethylene (PE) wax from a renewable source, intended for the production of adhesives, cosmetics,

paints and compounds used in the transformation of thermoplastic resins. The product, commonly used as a viscosity modifying agent in

several formulations, has the same properties and performance as the version made with PE of fossil origin. Produced from sugarcane
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ethanol, the new solution offers a smaller CO 2 footprint, is recyclable and has a multimarket application. With the arrival of PE wax from
ipsum dolor sit
consec-
amet, consectetuer tetuer
adipiscing elit, sed diam
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a renewable source on the world market, Braskem innovates and expands the I’m green TM bio-based portfolio with products that go
sed
diam

beyond existing resins supplied to date. The I’m green TM brand represents the company's commitment to the circular economy and is nonum-
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comprised of renewable and recycled source solutions. The I'm green TM bio-based polyethylene used in the manufacture of renewable euis-
mod
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PE wax is capable of absorbing carbon dioxide from the atmosphere during its production cycle. In addition, the manufacture of dolore
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volutpat.
renewable polyethylene from ethanol generates energy savings of around 80% compared to traditional routes. "We work daily with the
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minim veniam, quis nostrud exerci tation
ullamcorper

objective of uniting innovation and sustainable development to generate a better impact on the planet and society, and this launch is one

more result of our effort to decarbonize the value chain in which we operate", concludes Gustavo.
29
For any queries, Please write to [email protected]
Solution Updates
Brenntag (Germany) Opens New Food Application and Development
IT Shades
Centre in Johannesburg, South-Africa Engage & Enable

Solution Descriptio n

Brenntag is excited to announce the opening of the new Food Application and Development Centre in Johannesburg, South Africa. Aptly named, The Heart of

Africa, this new facility forms part of the greater EMEA Food & Nutrition network of Application and Development Centres supporting not just the Southern

African Food sector, but also Brenntag’s local food teams in East and West Africa. The FA&DC is an integral part of Brenntag‘s strategy in South Africa, to enable

the growth of Food Solutions to both existing and new customers and suppliers and Lorem
to attract
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other world-class, local and international suppliers in search of a
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suitable and reputable partner in the region. “The new centre enables us to focus on more pro-active, value-added and customised developments and provide that
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step change in our solutions and service offerings to our valued customers. Macro-economic driversdiamand emerging food trends such as plant-based diets have

created a need for activities related to research and development and applications to become outsourced. Our facility will bring this service closer to the South
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African and African Food Industry,” says Head of Applications and Development, Brenntag South Africa. The new site, located in the Pomona business district in
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Johannesburg, is dedicated to the Life Science business. In addition to the FA&DC, it also houses a liquid flavor blending facility where Brenntag blends
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tailor-made flavours for a diverse range of customers in the Confectionery, Bakery and Sport Nutrition
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sectors. Furthermore, the team is able to cater to all customer
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demands regarding packaging ranging from drums to polycans. A modern state-of-the-art repacking line is yet another feature of this site. Repacks are a
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value-added service that is synonymous with Brenntag, catering to the exact demands of the Food & Nutrition, Nutraceutical and Pharma sectors in Southern

Africa. All repackaging is performed and supported by the dedicated Quality and Regulatory teams.
30
For any queries, Please write to [email protected]
Solution Updates
Dover (USA): 3RD Eye Launches New Eye-Site Next Generation Data
IT Shades
Interface Engage & Enable

Solution Descriptio n

3rd Eye, part of Environmental Solutions Group (ESG) and Dover announced the launch of the new Eye-Site™ next

generation data interface, powered by Eye-Site Business Intelligence (“BI”). 3rd Eye’s next-generation digital strategy,

Connected Collections™, provides fleet owners with unprecedented access to asset-based data that enables faster critical
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business decision-making. The launch of the new Eye-Site interface allows fleet owners to use the power of Eye-Site BI
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diam
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ing elit,
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to convert the abundance of data generated by vehicles into easy-to-understand, comprehensive reports that help inform
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business decisions. The Eye-Site interface enables fleet owners to focus on specific areas of functionality and extract nibh
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information to make better decisions faster regarding safety, productivity, maintenance and profitability. The Eye-Site laoreet
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volutpat.
interface is fully integrated with the 3rd Eye Verif-Eye™ and Safety Intelligence Connected Collection modules out of the
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box and will soon be expanded to offer the complete suite of Connected Collections offerings.

30
For any queries, Please write to [email protected]
Solution Updates
L3harris (USA) Launches Flight Safety Support Service with Flyr As
IT Shades
Engage & Enable

Solution Descriptio n

L3Harris Technologies launched Flight Safety Support Service, a new offering to the company’s current advanced

web-based flight data monitoring platform Flight Data Connect. L3Harris’ Flight Safety Support Service provides expert

analysis and investigation capability enabling operators to release pilots from the office and allow the airline to focus on
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safe operations. The analysis provided to airlines will be led by L3Harris’ Rob Holliday, former head of operational safety
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adipiscing elit, sed
nonummy
diam
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ing elit,
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at the International Air Transport Association (IATA). Norwegian start-up airline Flyr AS, expected to launch during the
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summer of 2021, will serve as the first customer for the new service. The airline plans to expand to a fleet of 30 B737’s in my
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the coming years. The data this new service will analyze and investigate comes from L3Harris’ Flight Data Connect. This unt ut
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provides fast, accurate mapping of flights in graphical and 3D formats, with specific actionable insights generated by
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volutpat.

minim veniam, quis nostrud exerci tation

ullamcorper

statistical models and machine learning. All data is aligned and tailored to each customers’ defined safety operating

procedures.
32
For any queries, Please write to [email protected]
Solution Updates
LG Chem (South Korea) Launches Integrated Green Brand, "LETZero"
IT Shades
Engage & Enable

Solution Descriptio n

LG Chem announced on July 19th that it is launching LETZero, an integrated premium green brand that actively targets the eco-friendly market

with PCR materials, biomaterials, and biodegradable plastics. LG Chem plans to strengthen its eco-friendly brand image through the LETZero

brand and proactively target the eco-friendly market, which is rapidly growing due to the increase of “greensumers” who seek to purchase products
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that help protect the environment. At the recent CEO press conference, LG Chem announced that it would invest three trillion won in sustainability
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amet, consectetuer tetuer
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business centered on eco-friendly materials, such as biomaterials, recyclable plastics, and industrial materials for renewable energy, until 2050.
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The company will nurture the sector to become the key pillar of its future growth. LG Chem will apply the LETZero brand first to products made
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of PCR materials, biomaterials, and biodegradable plastics first, then expand it to all the eco-friendly products, including battery materials. The
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first product that applies this brand is the world’s first “bio-balanced SAP (Super Absorbent Polymer)” with ISCC plus certification to be released
unt ut
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dolore
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aliquam
at the end of July. This product, used for hygiene products such as diapers, has obtained ISCC plus, the most prestigious international certification
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volutpat.
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minim veniam, quis nostrud exerci tation
for eco-friendly bioproducts. Moreover, priority for the guarantee mark will be given to products made of PCR materials, plant-based biomaterials
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such as waste cooking oil, and 100% biodegradable materials using waste glycerol and glucose from corn.

33
For any queries, Please write to [email protected]
Solution Updates
Lonza Group (Switzerland): Kaged Muscle First to Launch with Lonza's
IT Shades
TWK10 Sports Probiotic in the USA Engage & Enable

Solution Descriptio n

Kaged Muscle, a sports nutrition company based in Huntington Beach, California, and Lonza announced a collaboration to bring

Lonza's new probiotic ingredient, specifically for sports nutrition, to the US market. TWK10® sports probiotic helps answer

growing consumer demands for clean-label, naturally sourced and clinically proven dietary supplements and ingredients.
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Originally sourced from Taiwanese kimchi, this unique form of the L. plantarum strain is the first probiotic formulated to address
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athletes' health, performance and endurance at all levels. Kaged Muscle will launch Pro-biotic Premium Performance as part ofdiam

its product lines focused on endurance and active living. The company sells products with additional Lonza health ingredients, nonum-
my
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including Carnipure® L-Carnitine and ChromeMate® ingredients. Kaged Muscle's Pro-biotic will be formulated using the tincid-
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Capsugel® DRcaps® capsules, which feature a modified release profile ideal for the targeted release of probiotics in the gut.
erat
aliquam

volutpat.
Ut wisi enim ad
minim veniam, quis nostrud exerci tation
Unlike traditional capsules designed to open the contents within the stomach, DRcaps® capsules feature a uniquely designed
ullamcorper

release approach, ensuring maximum delivery of living probiotics to where they can be absorbed best.
34
For any queries, Please write to [email protected]
Solution Updates
MHI (Japan) Thermal Systems to Launch Newly Developed Small-Capacity
IT Shades
Multiple- Air-Conditioner in Australia, New Zealand and Asia Engage & Enable

Solution Descriptio n

Mitsubishi Heavy Industries Thermal Systems, Ltd. a Mitsubishi Heavy Industries (MHI) Group company, will launch its line of

small-capacity multiple air-conditioner outdoor units using the R32(Note1) refrigerant into the Australian, New Zealand and Asian

markets. The systems will be sold in those markets respectively through Mitsubishi Heavy Industries Air-Conditioners Australia, Pty.
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Ltd. (MHIAA), which is an MHI subsidiary, and through Mitsubishi Heavy Industries-Mahajak Air Conditioners Co., Ltd., a joint
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amet, consectetuer tetuer
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venture between MHI and a company based in Thailand. The simultaneous launches are aimed at further enhancing overseas sales of
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diam

MHI Thermal Systems as an outstanding air-conditioner brand, following robust sales of the same units in the European market since nonum-
my
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their introduction in December 2020, coupled with high acclaim won in recent years by the company’s room air conditioners in euis-
mod
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unt ut
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Australia and Hong Kong. In May 2021, MHI Thermal Systems also completed a complete revision of its KXZ Series (KXZ2) of dolore
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erat

building-use inverter multi-split air conditioners for overseas markets (Note2). Once mass production kicks in, these new models,
Ut wisi enim ad
minim veniam, quis nostrud exerci tation
volutpat.

ullamcorper

which consists of Small-Capacity Multiple Air-Conditioner (4.5~5.5HP) and KXZ2 (10HP~) 17 in all. These units will also be

marketed in Australia, New Zealand and Asia.

35
For any queries, Please write to [email protected]
Solution Updates
Motorola (USA) Solutions Introduces Concealed Weapon Detection Solution
IT Shades
to Alert Security Teams of Hidden Weapons Engage & Enable

Solution Descriptio n

Motorola Solutions announced the newest addition to its video security and analytics portfolio, Concealed Weapon Detection (CWD), through an

agreement with Evolv Technologies, Inc. The scanning solution uses advanced sensors and artificial intelligence to detect a wide range of

concealed weapons and threats, such as firearms, metallic weapons and improvised explosive devices, on a visitor entering a premises. The

introduction of this technology is a part of Motorola Solutions’ ongoing commitment to the innovation and integration of security technologies that
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help organizations increase safety. The solution is designed to allow up to 3600 visitors to walk through one of the scanning systems per hour
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ing elit,
sed
diam

without having to conduct pat downs or empty pockets as the technology can distinguish between personal items and weapons. If a threat is
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detected, an alert is displayed on an Express tablet showing the location of the potential threat on the person’s body, or in their bag, to security
my
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mod
operators. Alerts are sent directly to Motorola Solutions’ video management system, Avigilon Control Center (ACC), which automatically notifies
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unt ut
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dolore
and shares live video with the facility’s security team so they have precise awareness of the situation and can support an immediate response. In
magna
aliquam
erat
volutpat.

addition, the sensitivity levels on the CWD solution can be adjusted to align with the safety needs of a facility based on their anticipated
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minim veniam, quis nostrud exerci tation
ullamcorper

threat-scenarios. This capability allows for the technology to identify and flag new threat profiles over time, and enables security personnel to

manage data and insights that help to provide a safe and positive experience for visitors and staff.
36
For any queries, Please write to [email protected]
Solution Updates
MTU (Germany) Maintenance launches ON-SITEPlus product branding
IT Shades
Engage & Enable

Solution Descriptio n

MTU Maintenance, global market leader in customized aero engine solutions, launches ON-SITEPlus, a larger group of on-site, near-wing and

quick-turn services. This development and rebranding of the portfolio underscores the importance of on-site and near wing activities as a means to

reduce maintenance cost and extend on-wing times – a trend that has been particularly prevalent during the COVID-19 crisis and is expected to continue

as the industry recovers post-pandemic. MTU Maintenance’s growing ON-SITEPlusteam

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dolor sit amet, carries out AOG support, on and near-wing repairs from bore
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amet, consectetuer
tetuer
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scope inspections to module swaps as well as hospital shop visits for the largest engine portfolio worldwide, including the popular CF6, CF34, CFM56,
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ing elit,
sed
diam

GE90, LEAP, and V2500 Engines. The Company has six on-site facilities across the globe and over 120 authority approvals. Its largest ON-SITEPlus
nonum-
facility MTU Maintenance Dallas, which can dispatch teams to customers or provide work scopes up to hospital shop visits, has recently expanded its
my
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available dock space by 40,000 square feet to provide short and long-term engine storage to support customer needs. MTU Maintenance Dallas is an
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MTU center of excellence for on-site and quick turn repairs for CF34, CF6, CFM56, GE90, V2500, PW2000 and PW4000 engines on the American
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erat
volutpat.
continent. With over 30 engines in its portfolio, MTU Maintenance has
Ut wisi
minim veniam,completed
quis nostrud exerci tationover 20,000 shop visits in 40 years. The company combines this
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engineering expertise with in-depth market understanding and robust financial strength to create the best solutions for customers. MTU Maintenance

has facilities in the Americas, Asia and Europe and employees over 5,800 engine experts from over 60 different nationalities.
37
For any queries, Please write to [email protected]
Solution Updates
Philips (Netherlands) launches the youthful new Beard Trimmer- BT1000 series
IT Shades
with skin friendly blades catering to Gen Z needs in its male grooming category Engage & Enable

Solution Descriptio n

Royal Philips a global leader in health technology launched its Beard Trimmer BT1000 series, the ideal product for Gen Z males who

are at the threshold of starting their grooming journey. Innovated and designed keeping in mind the sensitive skin of young men, the

BT1000 series will combine ease of use with a stylish look and feel and attractive pricing. With youngsters taking control of their
Lorem ipsum
Lorem
dolor sit amet,
grooming style and regime in their own hands, this new product offering has been developed to offer both style and comfort to young
ipsum dolor sit
consec-
amet, consectetuer tetuer
adipiscing elit, sed diam
adipisc-
nonummy ing elit,
nib sed
men. Featuring skin-friendly blades that guard against irritation, nicks and cuts, the ergonomically designed BT1000 is equipped with
diam

Dura power technology which offers up to four times more battery life compared to any ordinary trimmer. The product features a nonum-
my
nibh
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battery charging indicator and allows for 30 to 60 minutes of use with a single charge powering use for up to 2-4 weeks. Cordless in mod
tincid-
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laoreet
dolore
design and equipped with a USB charger, the product’s durability is further enhanced with self-sharpening blades. Consumers are
magna
aliquam
erat
volutpat.
Ut wisi enim ad
looking for grooming solutions at home thus driving the ‘Do-it-yourself’ movement. Philips is betting big on personalized care with
minim veniam, quis nostrud exerci tation
ullamcorper

these products, which is the perfect answer to the concern of getting salon-like results with ease, in the comfort of one’s home.

38
For any queries, Please write to [email protected]
Solution Updates
Solvay (Belgium) launches its first partially bio-based textile yarn
IT Shades
Engage & Enable

Solution Descriptio n

Solvay is globally launching Bio Amni®, the first partially bio-based polyamide textile yarn developed by the company. It is a polyamide 5.6,

which is produced entirely at the company's textile industrial unit in Brazil. The development of Bio Amni® follows the growing global trend in

demand for more sustainable textile products, especially bio-based materials. Solvay's research and innovation teams worked on the creation of
Lorem ipsum
the product for two years. The textile sector currently faces three main challenges in relation to the environment and sustainability: resources, the
Lorem
dolor sit amet,
ipsum dolor sit
consec-
amet, consectetuer tetuer
adipiscing elit, sed diam
adipisc-
production process, and disposal. Solvay already has developed sustainable alternatives in the production process, using cleaner energy sources,
nonummy
nib
ing elit,
sed
diam

closed water circuits, and zero effluent emissions at its industrial unit in Brazil, as well as more biodegradable products to support more sustainable
nonum-
my
disposal. With Bio Amni®, Solvay is now offering its first partially bio-based textile yarn, further expanding on its diverse portfolio of sustainable
nibh
euis-
mod
tincid-
products. With the launch of Bio Amni®, sustainable textiles will now account for 30 percent of Solvay's global polyamide portfolio, a figure
unt ut
laoreet
dolore
magna
which the group expects to reach 50 percent in the next three years. Bio Amni® is just the latest of Solvay's innovations for the global textile
erat
aliquam

volutpat.
Ut wisi enim ad
minim veniam, quis nostrud exerci tation
market. In 2020, as a quick response to COVID-19, the company launched Amni® Virus-Bac OFF, a functional polyamide that inhibits
ullamcorper

contamination between textiles and users, preventing the fabric transmitting viruses, including coronaviruses, and bacteria.

39
For any queries, Please write to [email protected]
 IT Shades
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Rewards & Recognition

Updates Manufacturing Industry

For any queries, Please write to [email protected]

R & R Updates
Asahi Kasei (Japan) obtains “OK biodegradable MARINE” certification IT Shades
Engage & Enable
for Bemliese continuous-filament cellulosic nonwoven fabric

R&R Description

Asahi Kasei obtained the “OK biodegradable MARINE” international certification in January 2021 that verifies the marine biodegradability of

Bemliese™ continuous-filament cellulosic nonwoven fabric. Bemliese™ has drawn attention as a sustainable material, and its demand is growing

overseas. To further raise competitiveness in global markets with a uniform brand image across all applications and regions for higher brand value,

the logo, tagline, and website for Bemliese™ have been renewed. OK biodegradable MARINE is a well-known certification issued by TÜV

AUSTRIA BELGIUM NV/SA1 in Europe, where proactive adoption of bioplastic2 is advancing. Being made using environmentally friendly

technology with 100% cotton linter as the raw material and strict control of chemical substances, Bemliese™ has already obtained the international

certifications OK compost INDUSTRIAL3, OK compost HOME4, and OK biodegradable SOIL5, making OK biodegradable MARINE the fourth

biodegradability certification obtained. Manufactured only by Asahi Kasei, Bemliese™ is a continuous filament nonwoven fabric made from

cotton linter, the short fibers around cotton seeds. Featuring high liquid absorption and retention, environmental compatibility being derived from

natural material, and low impurities, Bemliese™ is used in a wide range of applications such as cosmetic facial masks and disinfectant wipes.

Asahi Kasei will further expand applications for Bemliese™ by leveraging the marine biodegradability certification. Asahi Kasei continues to

advance the development of technology for environmentally compatible materials as part of its contribution to sustainability for the world.
40
For any queries, Please write to [email protected]
R & R Updates
Barratt (UK) Site Managers win Pride in the Job Quality awards IT Shades
Engage & Enable

R&R Description

Barratt have won a prestigious Pride in the Job award for the quality of the homes they are building. Known as the “Oscars of the

housebuilding industry”, the National House Building Council (NHBC) Pride in The Job Quality awards recognise the finest Site

Managers from around the country. This is the 17th year in a row that Barratt has won more Pride in the Job Quality awards than

any other housebuilder, showing its long-term commitment to building high quality homes. These awards, now in their 41st year,

rate Site Managers against key criteria such as technical expertise, health and safety, consistency, leadership and attention to

detail. The awards celebrate the vital role Site Managers play in ensuring new homes are delivered on-time, on safe sites, and to

the highest quality standards. Every Site Manager who is registered with the NHBC is automatically entered into the awards, with

just 450 winners being selected from 11,000 entrants, showing how difficult they are to win. These awards come off the back of

a Barratt Developments Site Manager being crowned the overall winner in last year’s awards. Kirk Raine, Senior Site Manager

won the supreme award, the fifth time in the last six years that a Barratt Site Manager has won the top prize.
41
For any queries, Please write to [email protected]
R & R Updates
Triple Health & Safety award win for Berkeley (UK) IT Shades
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R&R Description

The Royal Society for the Prevention of Accidents has named St Edward as Winner of the Construction House building

& Property Development Industry Sector at its 2021 Health & Safety Awards. This is the third consecutive year of

winning the award for Berkeley St Edward, celebrating its outstanding performance in health and safety during

construction. Entrants must be able to demonstrate a robust and high-quality safety management system, together with

a minimum of four years' consistently excellent or continuously improving performance on its sites. Berkeley Capital

was also Highly Commended in the same category for the second consecutive year, and Berkeley Oxford & Chiltern

received a Gold Award for its safety performance. Berkeley Group's Annual Injury Incidence Rate consistently

outperforms the industry average and we target zero harm on every site, as we champion health and safety for every

employee and contractor working with us. Our current rate is 1.17, compared to the industry average of 3.66.

42
For any queries, Please write to [email protected]
R & R Updates
Braskem (Brazil) is a finalist in the WEPs Award for the second time in IT Shades
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the category "Companies Empowering Women"
R&R Description

Braskem's mission is to contribute to the development of a better society for current and future generations, through various

actions and programs that carry the principle of equality and inclusion. As a result, the company was selected as one of the

finalists for the WEPs Award, recognized by the United Nations Global Compact, in the category "Companies Empowering

Women". Signatory of WEPs since 2015, the company won the Bronze position for the second time - the first was in 2019.

The recognition is in line with the purpose of the company, which has a pillar dedicated to the topic within the 7 macro

business objectives based on the UN sustainability goals and which, through the Diversity, Equity and Inclusion (DEI)

program, develops actions to enhance the representation and inclusion of women in leadership, carry out cross-cutting

initiatives aimed at the inclusion and empowerment of minority groups and ratifies the importance of organizations in this

transformation, diversifying internal processes and policies in the search for a culture of gender equity. Other objectives of the

DEI program include the socioeconomic pillar, people with disabilities, race and ethnicity and LGBTQIA+.
43
For any queries, Please write to [email protected]
R & R Updates
Chemours (USA) Receives 2021 ACC Sustainability Leadership Award IT Shades
Engage & Enable

R&R Description

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions,

Advanced Performance Materials and Chemical Solutions, was honored by the American Chemistry Council (ACC) with the 2021 Sustainability

Leadership Award in the Product Safety, Innovation, and Transparency category. Chemours received the award for its sustainable offering

methodology, better known as EVOLVE 2030. EVOLVE 2030 is a Chemours-developed, third-party validated method designed to scientifically

quantify the company's contributions to the UN Sustainable Development Goals (UN SDGs). The EVOLVE 2030 initiative is a part of Chemours'

Corporate Responsibility Commitment (CRC) Goals, which were launched in 2018 and include 10 bold goals to achieve by 2030, each aligned

with the UN SDGs. The company's sustainable offerings goal is for 50% or more of Chemours revenue by 2030 to come from offerings that make

a specific contribution to the UN SDGs. This is Chemours' second Sustainability Leadership Award in the program's short history, previously being

honored in 2019 for the development of Opteon™ low global warming potential refrigerants, part of an industry-leading family of more

sustainable products the company offers. The ACC developed the Sustainability Leadership Awards in 2019 to recognize ACC member company

achievements and contributions to sustainability in priority areas highlighted in the Council's sustainability strategy.
44
For any queries, Please write to [email protected]
R & R Updates
The Chemours (USA) Company Receives Recognition from Honda Brazil IT Shades
Engage & Enable

R&R Description

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions,

Advanced Performance Materials and Chemical Solutions, was among the select companies recognized as the best suppliers of Honda Automóveis

Brasil in 2020. The award takes into account criteria such as quality, delivery, service, costs, performance in the parts division and preservation of the

environment, among others. Chemours was also recognized by Honda Brazil in 2018 in the same category of Excellence in Quality and Delivery for

the supply of refrigerant fluid for the air conditioning systems of its cars. According to Renato Cesquini, Chemours Commercial Manager in Latin

America for the Thermal & Specialized Solutions business, this recognition highlights the quality of Chemours products and service. Supplying

refrigerant fluids to automotive manufacturers in Brazil has allowed Chemours to establish a large presence in the country’s automotive sector, and

today, many of the vehicles manufactured in Brazil use Chemours refrigerants in their air conditioning systems. That commitment to supplying

high-quality refrigerants for mobile air conditioning systems extends to Chemours work to help make a better world through responsible chemistry. The

company established its 10 goals to achieve by 2030 as part of its Corporate Responsibility Commitment. The goals, which are mapped to the United

Nations Sustainable Development Goals (UN SDGs), include having sustainable product offerings, such as the Opteon™ portfolio, that meet market

needs and comply with environmental regulations.

45
For any queries, Please write to [email protected]
R & R Updates
CREC (China) Once Again Wins China Patent Gold Award IT Shades
Engage & Enable

R&R Description

The State Intellectual Property Office of China recently announced recipients of the nation’s top awards for patents among

which the “welding method of Q345qDNH weathering steel for bridges invented by China Railway Shanhaiguan Bridge

Group Co., Ltd. won a Gold Award of China Patent Award, the“shield machine with cast-in-place support for large-horseshoe

cross-section tunnels”(ZL201510453835.7) developed by China Railway Engineering Equipment Group Co., Ltd. won a

silver award, and seven patents of China Railway Erju Group, China Railway No.3 Engineering Group, CREC Shanghai Civil

Engineering Co., Ltd., China Railway Major Bridge Engineering Group, China Railway Major Bridge Reconnaissance

Design Institute Co., Ltd., and China Railway Hi-tech Industry Corporation Limited won Excellence Awards. This is the

second time that CREC has won the China Patent Gold Award, following its first recognition in 2020. Co-sponsored by the

State Intellectual Property Office of China and the World Intellectual Property Organization (WIPO), China Patent Award is

China’s only governmental award specifically for patented inventions and creations, and is recognized by the WIPO.
46
For any queries, Please write to [email protected]
R & R Updates
CNPC (China) Recognized as Low Carbon Model in China for the 10th IT Shades
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time
R&R Description

The 12th Forum on "Low-carbon Development • Green Life" hosted by China Newsweek, China News Service, was held in Beijing. Focusing

on the "carbon neutrality and carbon peak" targets, attendees at the forum discussed China's efforts and practices in green development. CNPC

was recognized as "Low Carbon Model in China" for the 10th time by the forum, due to its outstanding contributions to green and low-carbon

development and eco-environmental protection. CNPC actively implements the concept of "Lucid waters and lush mountains are invaluable

assets", and has taken solid steps on the path of green and low-carbon development. During the 13th Five-Year Plan period, while enhancing

the exploration and production of natural gas and unconventional natural gas, the Company actively expanded import channels of pipeline

natural gas (PNG) and liquefied natural gas (LNG) from abroad to form a diversified natural gas supply system. In 2020, the Company's

natural gas production accounted for more than 50% of its total domestic oil and gas production for the first time, marking a significant

progress in green and low-carbon transition. CNPC took the lead in formulating the Methane Emission Control Action Plan and initiated the

establishment of the China Oil and Gas Methane Alliance to deepen energy conservation, emission reduction and pollution control. As of

2020, 47 oil and gas production subsidiaries of the Company have been included in the list of the National Green Mines.
47
For any queries, Please write to [email protected]
R & R Updates
Far Eastern New Century (Taiwan) was selected as the top ten in the IT Shades
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"Greater China Corporate Sustainability Index"
R&R Description

Far Eastern New Century Corporation was selected as the first "Greater China Business Sustainability Index (GCBSI)", ranking tenth among 200 listed
companies in the three regions of the Taiwan Strait, and fourth among Taiwanese companies, showing that the company will always The results of continued
development are obvious to all and have been affirmed. The Business Sustainability Center (CBS) of the Business School of The Chinese University of Hong
Kong released the first Greater China Corporate Sustainability Index (GCBSI) on June 24, 2021, covering the Hang Seng Index, the FTSE Taiwan 50 Index,
the Shenzhen Stock Exchange 100 Index and the Shanghai Stock Exchange 50. 200 listed companies in the A-share index. CBS stated that Taiwan listed
companies performed best in the first GCBSI, with an average score of 66.05, which is higher than the average of companies in Hong Kong, Shanghai, and
Shenzhen. Far Eastern New Century was named "Pace-setter" (80-89 points), leading the industry with outstanding performance. Far East New Century
promotes sustainable finance. In 2018, Taiwan private enterprises issued the first green bond (Green Bond), in 2020, the first sustainable development bond
of Taiwan enterprises (Sustainability Bond) and Asia's first perpetual index-linked loan and Commercial promissory note guarantee quota, Taiwan’s first
corporate social bond (Social Bond) will be launched in 2021, becoming the only company in Taiwan’s capital market that has completed the issuance of
green bonds, sustainable development bonds and social bond bonds. As a global leader in recycled polyester, Far East New Century processes more than 60%
of waste PET bottles in Taiwan every year. The global recycled polyester production capacity is equivalent to assisting in the elimination of 21 billion waste
bottles each year, contributing 900,000 tons of carbon reduction each year, which is equivalent to the carbon absorption of 2,300 Daan Forest Parks.
48
For any queries, Please write to [email protected]
R & R Updates
Johnson Matthey (UK) and bp technology enabling waste to be converted IT Shades
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into sustainable fuels scoops top prize
R&R Description

Johnson Matthey have been awarded the RSC’s 2021 Dalton Division Horizon prize for their collaboration with bp to create bp-JM

Fischer-Tropsch Technology – a renewable route to sustainable aviation fuels created from household waste. The waste, which would

otherwise be sent to landfill and decompose to form methane, will first be separated from any recyclable items before being converted

to syngas and used to make sustainable aviation fuel, which burns cleaner and with fewer particles. The team developed a new

catalyst formation – using concepts from fundamental inorganic chemistry, optimising cobalt dispersion and molecular interactions

– as well as a new carrier for the catalyst that increases its surface area and removes the heat given off during the reaction. The fuel

will initially be deployed by Fulcrum BioEnergy in Nevada in 2021. Once operational, the plant – the first of its kind in the US – is

expected to convert approximately 175,000 tons of household waste into approximately 11 million gallons of fuel each year – the

equivalent of fuel needed for more than 180 transatlantic return flights. It is a vital step in the transition to low carbon fuels in the

aviation industry – one of the most challenging sectors to adapt due to the energy density needed in aircraft.

49
For any queries, Please write to [email protected]
R & R Updates
Kubota (Japan) wins Chinese Supreme People's Court patent case IT Shades
Engage & Enable

R&R Description

Kubota Corporation wins a patent infringement lawsuit against China Suzhou Jiufu Agricultural Machinery Co., Ltd. Kubota noticed
that Jiufu manufactured and sold rice transplanters with model names as "2ZS-4 (F4)" and "2ZS-6 (F6)". Kubota believes that Jiufu's
above actions infringed Kubota's Chinese patent right. So in October 2017, Kubota filed a patent infringement lawsuit with the
Intellectual Property Tribunal of the Suzhou Intermediate People's Court. In November 2019, the Intellectual Property Tribunal of the
Suzhou Intermediate People's Court held that Jiufu infringed Kubota patent and entered a judgment of first instance, awarding both
the injunction and the compensation for the losses of the plaintiff. After that, Jiufu appealed to the Intellectual Property Tribunal of
the Supreme People's Court. On April 14, 2021, the Intellectual Property Tribunal of the Supreme People's Court entered a
second-instance judgment that rejected the appeal and upheld the first-instance judgment. As a result, the winning of the patent case
was finally confirmed. According to the legally effective judgment, Jiufu is ordered to stop the production and the sale of the
infringing rice transplanters with model names as "2ZS-4 (F4)" and "2ZS-6 (F6)", and to pay Kubota RMB 1.3 million for damages
and reasonable expenses.
50
For any queries, Please write to [email protected]
R & R Updates
LG Chem (South Korea) Achieving ESG with Small and Medium Enter- IT Shades
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prises LG Chem Selected as the First
R&R Description

LG Chem, which has supported the ESG management of small and medium-sized enterprises (SMEs), was selected as a “Voluntary Business for

Win-win Relationship” by the Ministry of SMEs and Startups for the first time in the petrochemical industry. Voluntary Business for Win-win

Relationship is a project to find large corporations that willingly share their know-how with small and medium-sized enterprises through cooperation.

The Ministry of SMEs and Startups recently upgraded this project to 2.0, expanding the scope of support for SMEs’ carbon neutrality and ESG

management. Through this agreement, LG Chem plans to contribute 100 billion won out of the 820 billion won ESG bonds previously issued to create

a fund and support SMEs in all directions. Shinhan Bank will apply LG Chem’s deposits to reduce or subsidize loan interest for SMEs. When SMEs

request assistance from LG Chem for activities that require funds according to their sectors, LG Chem will decide whether to provide financial support

considering the degree of contribution to the environment, society, and governance, as well as systematic measures to monitor the process. For the

environmental component of SMEs’ ESG management, LG Chem will support the improvement of environmental systems such as carbon reduction

and application of new technologies related to low-carbon emissions, conversion to renewable energy, improvement of energy efficiency in facilities

and processes, reduction of air pollutant emissions, and recycling of waste plastics. For example, when SMEs shift from coal to LNG as fuel, or replace

the deteriorated and inefficient energy facilities, they can receive funding from LG Chem.
51
For any queries, Please write to [email protected]
R & R Updates
PulteGroup (USA) Named a Best Workplace for Millennials IT Shades
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R&R Description

PulteGroup, Inc. announced its recognition as one of the 2021 Best Workplaces for Millennials™ by Fortune and

Great Place to Work®. This is the company’s first time being named to this impressive list, ranking #54. The 2021

Best Workplaces for Millennials award is based on an analysis of survey responses from more than 5.3 million

current employees at Great Place to Work-Certified™ companies across the country. Within PulteGroup’s survey

results, 94% of the company’s employees said PulteGroup is a great place to work. This number is 35% higher than

the average U.S. Company. This recognition joins PulteGroup’s other recent Fortune magazine designations,

including 100 Best Companies to Work For® (ranked #75 in 2021) and Best Workplaces for Women (ranked #68 in

2020).

52
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R & R Updates
Rockwell Automation (USA) recognized as a finalist for the 2021 Microsoft IT Shades
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Internet of Things Partner of the Year

R&R Description

Rockwell Automation, Inc. the world’s largest company dedicated to industrial automation and digital transformation has been named
a finalist of the 2021 Microsoft Internet of Things Partner of the Year Award. The company was recognized among a global field of
top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft
technology. The Microsoft Partner of the Year Awards recognizes Microsoft partners that have developed and delivered outstanding
Microsoft-based solutions during the past year. Awards were classified in various categories, with honorees chosen from a set of more
than 4,400 submitted nominations from more than 100 countries worldwide. Rockwell Automation was recognized for providing
outstanding solutions and services for IoT. The Internet of Things Partner of the Year Award recognizes a Microsoft partner that has
designed, developed and deployed IoT solutions built on its intelligent cloud and edge innovations, such as Azure, IoT and edge
devices with their customers. These solutions are helping companies quickly improve their business by increasing visibility into their
digital assets, such as where they are at a given time or predicting maintenance required to ensure zero downtime. As a result, they
can drive business results and grow customer value.
53
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R & R Updates
Toray (Japan) Jointly Wins Sustainable Activity Prize in Logistics Environment
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Award for Contributions to Green and White Logistics Movements

R&R Description

Toray Industries, Inc., announced that it and UPR Corporation jointly won the Sustainable Activity Prize as part of the 22nd Logistics Environment Award
of the Japan Association for Logistics and Transport. This was for Toray becoming the first company to use “Smart Pallet” employing UPR-developed active
RFID tags. This prize recognizes exceptional contributions from organizations, companies, or individuals to progress in the logistics sector by lowering its
environmental impact through conservation and environmental awareness enhancement activities or through pioneering technological development. Using
UPR’s tags has enabled through-transit pallet transportation and eliminated much manual loading and unloading for truck drivers. This has enhanced work
environments and logistics productivity. Another factor in receiving this prize was that Toray has been able to reduce carbon dioxide emissions by 197 metric
tons annually by better tracking pallets to streamline its network for recovering those items. Key outcomes from using “Smart Pallet” incorporating active
RFID tags:
• ・Carbon dioxide emissions lowered 83%, or 197 metric tons annually
• ・Product loading and unloading times reduced 75%, or 23,788 hours annually
• ・Work efficiency improved through 100% work time reduction, saving 1,584 hours annually
• ・Truck standby times cut 38%, or 5,947 hours annually
• ・Bag damage down 35%, or 148 incidents annually
54
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 IT Shades
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Customer Success
Updates Manufacturing Industry

For any queries, Please write to [email protected]

Customer Success Updates
Alstom (France): First automatic people mover (APM) delivered to Beijing IT Shades
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Capital International Airport

Description
Alstom’s Chinese Joint Venture CRRC Puzhen Bombardier Transportation Systems Limited (PBTS) delivered the first new automatic people
mover (APM) train to BCIA (Beijing Capital International Airport). A delivery ceremony was held in the assembly area of its workshop; the
customer toured the factory and was able to take the new APM train. Beijing Capital International Airport, as China's "first gateway", is a large
international airport with the most important geographical location, the largest scale, the most complete equipment and the busiest transportation
and production in China. The number of flights taking off and landing and the passenger throughput of the airport are in the leading position in the
industry worldwide. In 2008, Alstom delivered Beijing Olympic designated project–Beijing Capital International Airport APM to welcome the
Olympic Games, and in November 2019, PBTS and BCIA signed the APM trains supply and upgrading contract. Facing with the challenge of
COVID-19, the teams of both sides overcame the difficulties and worked together to push forward the project design, production and delivery, and
completed the testing of train in early July 2021, which was ready for delivery. Since established in 2014, PBTS has been committed to providing
small and medium volume rubber wheel rail system solutions, and the core products of PBTS, monorail and APM, have achieved impressive
results in the domestic and international markets. The rubber wheel APM system is one of the best solutions for passengers to move quickly and
easily between airport terminals.
55
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Customer Success Updates
Huntington (USA) Ingalls Industries Wins Planning Yard Contract worth IT Shades
Engage & Enable
a Potential $724 Million

Description
Huntington Ingalls Industries announced that its Ingalls Shipbuilding division has been awarded a contract with a potential total value of

$724 million for planning yard services in support of in-service amphibious ships. Planning yard services provided will be in support of

amphibious transport dock (LPD 17), assault (LHD 1 and LHA 6), command (LCC 19), and dock landing classes of ships. The contract

includes options over a seven-year period and covers fleet modernization availability planning engineering, design and logistics support

material procurement program and configuration data management and on-site technical support through established homeport and

planning yard offices and resources. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of

professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding

divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical

Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and

nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 41,000 people operating both

domestically and internationally.

56
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Customer Success Updates
Alstom (France) wins largest railway contract in Denmark’s history IT Shades
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Description
Alstom, global leader in smart and sustainable mobility, has won the largest train tender in Danish rail history. Part of a landmark

framework agreement with Danish State Railways brenntag opens new food application and development centre in johannesburg,

south-africa (dsb) valued at a total of €2.6 billion, the first firm order of 100 Coradia Stream regional trains as well as a 15-year

full-service maintenance agreement amounts to a value of €1.4 billion. The framework agreement includes an additional 15 years of

maintenance services and the possibility to order additional trainsets. Delivery of DSB’s “Fremtidens Tog – Nye Tog” (Trains of the

Future – New Trains) is scheduled to begin in the last quarter of 2024. Once in service, this new fleet will operate as a regional and fast

rail service and connect Denmark’s Frederikshavn region in the north to Rødby in the southeast after passing through the capital city of

Copenhagen. The Coradia Stream for DSB has been specially adapted to meet the needs of the Danish rail network and its top speed of

200 km/h will help ensure swift mobility across the country. Each trainset will consist of five single- deck coaches with a total seating

capacity for 300 passengers. The trains will be pre-fitted with Alstom’s Atlas onboard ETCS Baseline 3 as well as an STM interface

enabling it to operate on Denmark’s legacy signalling system.

57
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Customer Success Updates
Luxemburg Railways chooses Alstom (France) to equip 34 new Coradia IT Shades
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trains with Automatic Train Operation system

Description
Luxembourg’s National Railways have chosen Alstom to equip the 34 new Coradia regional trains, ordered in December 2018, with an Automatic
Train Operation (ATO) system. The high-capacity double-deck trains will be equipped with the latest automation technology and will gradually
enter commercial service on Luxembourg's national network, as well as in Belgium and France, at the end of 2021. It will be the first time in
Europe that a regional train fleet is equipped with ATO at Grade of Automation level 2 (GoA2) in combination with ETCS. ATO is a digital system
that enables varying degrees of automation of trains and aids train drivers in performing some of their tasks. Four levels of automation have been
defined. The higher the degree of automation (Grade of Automation or GoA), the greater the number of tasks the system can handle. GoA4 is the
highest level of automation without a driver on board, as on some metro lines. Benefits of ATO include increasing the density of trains on the
network, saving energy, improving punctuality and increasing the level of safety by limiting human error. The Coradia Stream trains for CFL will
be equipped with the ATO Level GoA2 automatic operation system. GoA2 involves fully automated starting, driving and stopping, with a driver
who can intervene in the event of an emergency. It increases the capacity of the network by reducing intervals between trains and saves energy by
regulating traction and braking forces. The ATO GoA2 equipment will be installed on CFL's trains at Alstom’s Signalling Centre of Excellence in
Charleroi, Belgium.
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Customer Success Updates
Alstom (France) and Fundación ONCE renew their collaboration agreement IT Shades
to continue building a more accessible and universal mobility Engage & Enable

Description
Alstom and Fundación ONCE have renewed the collaboration framework agreement that began in 2019, to promote the social inclusion of people with

disabilities in rail mobility. In these two years, both entities have collaborated to develop more accessible and inclusive projects, including the new

Barcelona Metro and the future High Capacity commuter trains for Renfe. In addition, Fundación ONCE has become a strategic advisor to Alstom

worldwide. The extension of the agreement was signed by José Luis Martínez Donoso, General Director at Fundación ONCE, Reyes Torres Vicent,

Human Resources Director for Alstom Spain and Portugal and Jaime Borrell Botella, Business Development Director for Alstom Spain and Portugal.

This extension provides continuity to the mobility projects initiated two years ago, with a focus to improving the usability and comfort of people with

disabilities and elderly adults, as well as focusing on the development of smart mobility solutions. Alstom and Fundación ONCE have established a

strategic cooperation and have launched research, development and innovation projects to adapt all railway solutions to the accessibility needs

requested by passengers. Fundación ONCE and Alstom have collaborated in developing different proposals and projects to ensure accessibility and

usability by passengers with all kinds of specific needs. These projects include the high-capacity commuter trains for Renfe, recently awarded to Alstom

and the new-generation metros for TMB, currently in production. As part of this collaboration agreement, Alstom has also started working with Inserta

Empleo, an entity specialising in training, employment and consulting programs to promote labour market integration of people with disabilities.
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Customer Success Updates
Arkema (France) rewarded by the American Chemistry Council IT Shades
Engage & Enable

Description
Arkema’s commitment to advanced bio-circular polyamide 11 has been honored with a Sustainable Leadership Award for Societal Contributions

by the American Chemistry Council (ACC). The prestigious award recognizes products, processes or initiatives that illustrate a commitment to

innovating for a sustainable future for society. Arkema has demonstrated its leadership commitment by currently building the world’s largest

bio-factory for advanced polyamide 11 in Singapore, while also co-founding and driving “Pragati”, the world’s first sustainable castor farming

program, and launching its flagship Virtucycle® program for partially and fully recycled advanced bio-polymers. Arkema is a global pioneer in

advanced polyamide 11 materials derived 100 percent from sustainable castor oil, and the company is a founding member of the Pragati initiative

for sustainable castor bean farming in India. Several thousand castor bean farmers and their families have been trained and certified by the Pragati

initiative so far. To further strengthen its commitment to the circular economy, Arkema created its Virtucycle® recycling program in 2019. The

program develops loops for the collection and regeneration of high performance polymers while minimizing CO2 emissions. Recently Arkema

announced the planned acquisition of Agiplast, its historical partner in recycling operations, which will enable the company to offer a full service

to customers in terms of materials circularity. ACC recognized the Sustainability Leadership Award winners at its Virtual Annual Meeting.

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Customer Success Updates
Bombardier (Canada) Delivers First Global 7500 Aircraft in Indonesia IT Shades
Engage & Enable

Description
Bombardier is pleased to announce the arrival of the first Global 7500 business jet in Indonesia. This award-winning aircraft was recently delivered to an

undisclosed customer based in Jakarta. With a worldwide fleet numbering more than 50 aircraft, the Global 7500 business jet continues to exceed

expectations and reinforce its position as the industry flagship. This unparalleled aircraft is also growing its presence in the Asia-Pacific region, with Global

7500 business jets now based in multiple countries including Japan, Australia, Taiwan and Malaysia. Bombardier’s entire portfolio is generating strong

interest in the Asia-Pacific region, where a new generation of business jet users is emerging in the wake of the pandemic. With its refreshed Global family of

large-cabin business jets and its best-selling Challenger platform, Bombardier is well-positioned to meet this growing demand. The Global 7500 aircraft, with

a maximum range of 7,700 nautical miles, can take passengers non-stop from Jakarta to Seattle, Singapore to San Francisco, Tokyo to New York and

Melbourne to Los Angeles. Passengers can enjoy such long-distance flights in absolute comfort thanks to this aircraft’s four spacious living areas and

patented Nuage seating collection. Exclusive innovations such as the Soleil lighting system, designed to combat jet lag, and the Smooth Flĕx Wing, delivering

the smoothest ride, allow passengers to arrive refreshed and rejuvenated. Global 5500 and Global 6500 aircraft are also ideal for the Asia-Pacific market,

featuring class-leading range, cabin size and the smoothest ride. With a 5,900 nautical-mile range, the Global 5500 aircraft can whisk passengers non-stop

from Perth to Dubai, while the Global 6500 aircraft, featuring a 6,600 nautical-mile range, can connect Singapore to Rome nonstop.
61
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Customer Success Updates
CIMC (China) Enric delivered T75 cryogenic tank container and passed IT Shades
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Japan KHK certification

Description
Nantong CIMC Energy Equipment Co., Ltd. a subsidiary of CIMC Enric, successfully delivered the first batch of 20-foot T75 cryogenic tanks

certified by Japanese KHK. This batch of tanks will be used to store and transport food-grade liquid carbon dioxide required for the

manufacture and transportation of carbonated beverages in inland Japan (for example, a large number of bubbles in cola are food-grade carbon

dioxide). KHK certification has extremely high requirements for products, and the certification process is very complicated. Products that

have obtained KHK certification can be said to be the "uncrowned king" of the pressure vessel industry. The full name of KHK is the Japan

High Pressure Gas Security Association. It is the only authorized inspection organization for high pressure gas equipment and imported and

domestic production facilities in Japan. Only pressure vessels certified by KHK can be used in inland Japan. It is understood that the 20-foot

T75 tank container delivered by Nantong CIMC Energy has passed the KHK certification. This is also the first time that KHK in Japan has

certified and licensed companies outside of Japan in the field of 20-foot T75 tank containers. Ruike's product trust and recognition. The

relevant person in charge of Nantong CIMC Energy said that the successful delivery of the first batch of T75 tank containers has important

reference significance for the company to explore the Japanese market and develop overseas business.
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Customer Success Updates
Kawasaki (Japan) Receives Gas Engine Order for Thai Cogeneration IT Shades
Engage & Enable
Project

Description
Kawasaki Heavy Industries, Ltd. announced its receipt of an order from Singapore-based Jurong Engineering Ltd. (JEL) for four Kawasaki Green

Gas Engines to be used in the RATCH Cogeneration Expansion Project in Thailand. The order was placed through Kawasaki Gas Turbine Asia

Sdn. Bhd. (KGA), which is based in Kuala Lumpur, Malaysia. In the RATCH Cogeneration Expansion Project, a 30 MW class gas engine power

plant will be added to a 110 MW combined-cycle power plant operated by RATCH Cogeneration Company Limited, which operates under parent

company and major Thai power producer RATCH Group Public Company Limited. The four engines ordered for the project are Kawasaki's new,

7.8 MW class KG-18-T gas engines equipped with two-stage turbocharging systems, first released on the market in June 2020. The KG-18-T

boasts the highest electrical efficiency in its class worldwide as well as fast startup and shutdown performance for highly flexible operation. The

newly ordered engines will be used during afternoon peak times, when demand for electricity is high. JEL has been contracted to carry out

engineering, procurement and construction (EPC) of power plant for RATCH Cogeneration Company Limited and Kawasaki plans to ship out the

full set of gas engine power generation equipment to JEL in November 2021. The new engines are scheduled to enter operation in September 2022,

and power generated will be sold to the nearby industrial park as well as the Electricity Generating Authority of Thailand.
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Customer Success Updates
Kawasaki (Japan) Receives Order from Hanil Hyundai Cement in South Korea for Cement
IT Shades
Plant WHRPG System –Contributing to Improve Energy Efficiency at Cement Plant Engage & Enable

Description
Kawasaki Heavy Industries, Ltd. announced its receipt of an order to supply a waste heat recovery power generation (WHRPG) system

to be constructed at Yeongwol Plant of Hanil Hyundai Cement Co., Ltd. (Yeongwol County, Gangwon Province, South Korea). The name

of this project is “Eco Power Generation” and this WHRPG system will be installed in two lines of a cement manufacturing facility, each

with a capacity of 5,800 t/d, with an output of approximately 22.6 MW and is scheduled for delivery in December 2022. The WHRPG

system consists of cement waste heat recovery boilers, steam turbine, generator, etc., and will recover waste heat during the calcining

stage of the cement production process and use it for highly efficient power generation. Kawasaki will provide overall engineering, which

includes the waste heat recovery boilers, Kawasaki-designed and -developed condensing type steam turbine, and control equipment, as

well as basic engineering for equipment to be procured by the client and technical advisory services for construction and commissioning.

Installation of this WHRPG system will enable the efficient utilization of waste heat, which previously was emitted into the environment,

and will produce about 30% of the power needed by the plant. This will also reduce CO2 emissions by approximately 100,000 tons

annually by reducing the use of electricity derived from fossil fuels.

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Customer Success Updates
Alstom (France) and Magdeburger Verkehrsbetriebe sign contract for the IT Shades
Engage & Enable
delivery of new Flexity trams

Description
Alstom and Magdeburg, Germany’s local transport authority Magdeburger Verkehrsbetriebe (MVB) have signed a contract for the

delivery of new Flexity trams and their accompanying spare part supply. The first call off for 35 vehicles and 24 years of parts supply is

valued at around 190 million euro and includes options for a total of 28 additional vehicles. The state of Saxony-Anhalt is funding the

new vehicle procurement with almost 60 million euro. At 38 metres, the four-car Flexity trams are eight metres longer than the vehicles

currently in use with MVB. They impress with a unique and timeless design that was specifically developed for Magdeburg. Designed

with passenger safety and comfort in mind, each of the new trams can transport up to 241 passengers and has two multi-purpose areas

that offers ample space for strollers, bicycles, and wheelchairs. The wide, barrier-free entrance areas enable fast boarding while broad

window strips running the length of the vehicle ensure that the passenger area is filled with natural light. Inside, energy-efficient ambient

illumination always provides excellent lighting and outside, LED light strips improve the visibility of the trams as they navigate urban

traffic. The fully air-conditioned vehicles also score with high energy efficiency and noise-optimised design that keeps the interior quiet

while in operation. Magdeburg’s Flexity passengers can also look forward to enjoying free Wi-Fi access while in the trams.
65
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Customer Success Updates
CIMC (China) Raffles and Wallenius sign a contract for 2+2+2 next-generation
IT Shades
Engage & Enable
low-emission vehicle carriers

Description
CIMC Raffles and the Swedish shipping giant Wallenius Lines signed a contract for the construction of a 2+2+2 next-generation 6500
dual-fuel vehicle carrier in the form of a “cloud contract”. Wang Jianzhong, CEO and President of CIMC Raffles, and Kleberg Jonas,
Chairman and CEO of Soya Group and Wallenius Lines, respectively, signed the contract on behalf of the two companies. The
management teams and project teams of both companies witnessed the agreement. This is the second cooperation between the two
companies on the basis of the previous good cooperation, and will further enhance CIMC Raffles’ competitiveness in the international
ro-ro shipping field. The above-mentioned project will be constructed in the Longkou plant of CIMC Raffles, which has the first
intelligent production line of ro-ro ships and special ships based on laser hybrid welding equipment in China. During the construction
of the project, the CIMC Raffles project team overcame challenges such as the international epidemic, worked closely with the
Wallenius project team, and was fully recognized by Wallenius with its lean project management level and advanced design and
construction capabilities. The mutual trust between the two parties continued to deepen. It has laid a solid foundation for subsequent
in-depth cooperation.
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Customer Success Updates
Fabege (Sweden): Elgiganten chooses Glädjen at Hornsbergs strand IT Shades
Engage & Enable

Description
Fabege has signed an agreement with Elgiganten regarding moving to Franzéngatan 6 in the Glädjen district. The design and adaptation of modern
office space, training facilities and a pleasant courtyard is now underway in consultation with Elgigantent. The agreement covers nearly 2,300 sqm
and will run for seven years. The building will be ready for occupancy in September 2022. Västra Kungsholmen is an area that is continuing to
develop at a rapid pace and is one of the last major expansions of the inner city. Its location on the shores of Lake Mälaren and its immediate
proximity to Östra Kungsholmen’s Stenstaden district has contributed to its popularity for both business and residents. Fabege is in full swing with
the renovation and modernization of the property Glädjen 12 of just over 11,000 sqm. Hornsbergs villastadwas an area created at the end of the
19th century that never became a major success, despite the romantic district names such as Tillflykten (Haven), Glädjen (Joy), Lyckan
(Happiness), Kojan (Cabin), Paradiset (Paradise) and Lustgården (Garden of Eden). The roads were also named in a similar style, such as
Rosenstigen (Rose Way), Jagarstigen (Hunter’s Way), Ulvstigen (Wolf Way) and Lärkstigen (Larch Way). Thanks to the large housing project
initiated in the early 2000s, the industrial character of the entire area changed to what Hornsbergs strand is today, a popular residential area with a
waterside promenade and views that attract visitors from all over Stockholm. Fabege currently owns the properies Glädjen 12, Paradiset 23 and
Paradiset 27.
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Customer Success Updates
L3harris Technologies (USA) to Deliver Wescam Mx-Gcs Sighting IT Shades
Engage & Enable
Systems for U.S. Army M-Shorad Increment 1 Program

Description
L3Harris Technologies received a contract from Moog, Inc. to procure 33 WESCAM MX™-GCS sighting systems in

support of the U.S. Army’s Maneuver Short-Range Air Defense Increment 1 program. L3Harris will provide a

fully-digital above-armor sighting system in a single lightweight package to Moog. The sighting system will be

integrated onto Moog’s Reconfigurable Integrated-weapons Platform (RIwP®) turret providing the capabilities

required to counter unmanned aircraft systems, rotary-wing and fixed-wing threats. Deliveries to Moog will begin in

2021. L3Harris’ WESCAM MX-Series systems are active in over 80 countries. Operating across air, land and maritime

domains, these intelligence, surveillance and reconnaissance systems support more than 200 different platforms.

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Customer Success Updates
L3harris Technologies (USA) and the International Air Transport Association IT Shades
Engage & Enable
Drive Data Insight to Enhance Aviation Safety

Description
The International Air Transport Association (IATA) has awarded L3Harris Technologies a five-year agreement to extend

and develop the Flight Data eXchange (FDX) Program as part of IATA’s industry data sharing platform – Global Aviation

Database Management (GADM). The Flight Data eXchange program is a collaborative aerospace data sharing program

between IATA and airlines which allows GADM participants to, analyze and identify safety risks by comparing their own

flight data against the aggregated de-identified global FDX database. This enables operators to identify risks at new

destinations by sorting the data at a global, regional and airport level. L3Harris provides the technological expertise,

capabilities and platform to support the FDX Program technical management. The contract extension provisions for 61

million flights and will greatly enhance the capability to identify macro trends and emerging systemic safety risks at the

global level, as well as enable individual operators to compare their performance against industry standards.
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Customer Success Updates
Wizz Air Selects L3harris Technologies (USA) for Multi-Year Pilot Training IT Shades
Engage & Enable
Agreement

Description
Wizz Air, Europe’s fastest growing airline, has selected L3Harris Technologies for a new pilot training services and

framework agreement. The European airline and L3Harris have worked together since 2015 and the new agreement

extends the current airline services agreement secured in 2018. The training services will be carried out at the advanced

facilities in the L3Harris London Training Centre. This training will support Wizz Air and its A320 and A320neo-family

fleet, as the airline expects to see a significant increase in flights this summer as international travel restrictions are

expected to be eased. The airline’s network now covers more than 80 destinations from 11 U.K. airports, including three

quarantine-free countries on the U.K. government’s green list.

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Customer Success Updates
Obayashi (Japan) Corporation selected as equity partner for Hydrogen Refuelling Station Project
IT Shades
by Ports of Auckland Limited, undertaking its 2nd hydrogen project in New Zealand Engage & Enable

Description
Obayashi Corporation has been selected as the equity partner for the Hydrogen Refuelling Station Project being developed by the Ports

of Auckland Limited. POAL is the largest import port in New Zealand and is wholly owned by Auckland Council, the local government

council for the Auckland Region. In 2020, the New Zealand government announced an ambitious goal of 100 percent renewable

electricity generation by 2030, from the current level of around 80%. The government is also actively promoting a wider use of hydrogen

and set out "A vision for Hydrogen in New Zealand" that discusses how hydrogen could fit into New Zealand's wider energy and transport

system. Against this backdrop, POAL, the operator of a seaport in New Zealand's largest commercial city Auckland and inland ports in

Auckland and Waikato, has committed to becoming a "zero-emissions entity" by 2040. As part of this commitment, POAL has been

planning to develop a low emissions green hydrogen production facility and refuelling station at the POAL site located in the busy city

centre. POAL aims to replace its existing heavy port equipment with hydrogen powered alternatives. In undertaking this forward-looking

project, Obayashi, known for its state-of-the-art technologies and hydrogen project experience, has been selected as POAL's project

equity partner.
71
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Customer Success Updates
ThyssenKrupp (Germany) Marine Systems receives largest order in its IT Shades
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history

Description
ThyssenKrupp Marine Systems has officially been commissioned to build six identical Type 212CD submarines. The procurement organizations of Norway

and Germany signed the corresponding contracts. Due to the pandemic situation, the ceremony took place on a small scale and virtually the customers were

connected via video conference in Kiel. Norway and Germany had already entered into a cooperation in 2017 that goes beyond the construction of six new

HDW Type 212CD submarines, as a new generation of the Type 212A. The design of the Type 212A submarine, which has proven itself in service with the

German and Italian navies, will be further developed with the integration of advanced technologies to expand the U212 family in Europe. This project is

another important step towards deepening and expanding European cooperation in the field of defense. Construction of the first boat will begin in 2023.

Delivery of the first submarine for the Norwegian Navy is expected for 2029, while delivery of the two boats for the German Navy is scheduled for 2032 and

2034. In preparation for the order, thyssenkrupp has already initiated investments of around €250 million in 2019. The aim is to further develop thyssenkrupp

Marine Systems at the Kiel location into an international center of competence for the construction of conventional submarines. Construction of a new

shipbuilding hall has already begun, and progress is clearly visible at the shipyard site. With the order now placed in the Norwegian-German strategic

cooperation project U212CD, thyssenkrupp Marine Systems will consolidate its partnership with Kongsberg Defense & Aerospace (KDA), which has

already existed since 2017, and expand its value-adding industrial partnerships in Norway and Germany.

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Customer Success Updates
Textron (USA) Aviation Announces Order For Up To 150 Cessna Grand Caravan Ex
IT Shades
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Aircraft to Aid Surf Air Mobility in Accelerating Electrified Commercial Travel

Description
Textron Aviation announced Surf Air Mobility Inc., has signed a purchase agreement for up to 150 Cessna Grand Caravan EX
single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. The order, which is subject to
Surf Air Mobility obtaining fina ncing, is part of an exclusive relationship between the two companies supporting Surf Air Mobility’s
development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft powered
by Surf Air Mobility’s proprietary powertrain technology. The Cessna Grand Caravan EX is designed and manufactured by Textron
Aviation Inc., a Textron Inc. (NYSE:TXT) company. Textron Aviation’s initial deliveries of the Cessna Grand Caravan EX aircraft to
Surf Air Mobility, a company accelerating the adoption of electric regional air travel, are expected to begin in Q2 2022. Surf Air
anticipates that its hybrid electric system for the Grand Caravan, upon certification, will power a 9-seat variant of the iconic
single-engine turboprop. The hybrid electric Cessna Grand Caravan aircraft is anticipated to be utilized by Surf Air Mobility across
its own network, connecting more airports with short-haul direct service across the U.S. on a path to creating a regional mass transport
platform to sustainably connect communities.
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 IT Shades
Engage & Enable

Partner Ecosystem
Updates Manufacturing Industry

For any queries, Please write to [email protected]

Partner Ecosystem Updates
ABB (Switzerland) and Axpo partner on project aimed at making green IT Shades
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hydrogen more accessible and affordable
Description
ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, that aim at creating an optimum
operating model to produce affordable, green hydrogen. The two companies will apply their complementary skills to achieve their joint vision of
more affordable green hydrogen, with ABB harnessing its automation, electrification, and digital leadership in industrial operations and Axpo’s
experience as an established energy provider. Initial work will include feasibility studies that explore ways to reduce operating costs and ensure a
low carbon footprint, with the aim of identifying synergies that will support the standardization, modularization, efficient and flexible production
of green hydrogen. This project reflects a wider initiative from ABB which is joining forces with customers and partners to explore opportunities
and technologies, to build a resilient hydrogen ecosystem for a low carbon future. In addition to the collaboration with Axpo, ABB is working with
Lhyfe, to install control solutions to automate production of its first green hydrogen project in France. In the Asia–Pacific region, ABB is
supporting the Hydrogen Energy Supply Chain (HESC) project which aims to produce hydrogen safely and efficiently in Australia and then
transport it to Japan, in one of the world’s first efforts to commercialize hydrogen liquefication and transportation. The company is also working
with Hydrogen Optimized to develop an integrated solution that supports the use of high current water electrolysis technology in large scale green
hydrogen production systems for application across chemical, utility and transportation sectors.
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Partner Ecosystem Updates
Air Liquide (France) becomes main partner of Energy Observer IT Shades
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Description
Air Liquide steps up its support to Energy Observer by becoming main partner for the next 4 years. Energy Observer – the first hydrogen vessel
around the world – and Air Liquide – a pioneer in the international development of the hydrogen sector – have been working together since the
launch of this laboratory ship which aims to demonstrate the key role of hydrogen in the energy transition. This new stage in their collaboration,
featuring a technological support component, is fully in line with the sustainable development objectives of the Air Liquide Group, including its
commitments to renewable hydrogen in particular. As the first ship autonomous in energy, and a French ambassador for the Sustainable
Development Goals, Energy Observer explores concrete solutions and develops technologies to accelerate ecological transition. Since its launch
in April 2017 in Saint-Malo, and even before its departure for a zero-emission world tour, Air Liquide has been supporting this scientific and
technological project by becoming an official supporter. Hydrogen is the cornerstone of the Energy Observer energy chain. Indeed, the key
characteristic of Energy Observer is its energy mix, including three sources of renewable energies as well as a complete hydrogen production chain
on board the ship using sea water electrolysis. The green hydrogen produced can store a large amount of energy, and does not release any CO2 or
fine-particle emissions. Its use, combined with short-term battery storage, has enabled the ship to sail fully autonomously for 4 years over 75,000
km in extreme conditions, through the Mediterranean, then the Arctic and the Atlantic, and now the Pacific.
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Partner Ecosystem Updates
Air Liquide (France), Borealis, Esso, TotalEnergies and Yara collaborate to IT Shades
Engage & Enable
help decarbonize the industrial basin of Normandy in France
Description
Air Liquide, Borealis, Esso S.A.F., TotalEnergies and Yara International ASA have signed a Memorandum of Understanding to explore the
development of a CO2 infrastructure including capture and storage, to help decarbonize the industrial basin located in the Normandy region,
France. With the objective to reduce CO2 emissions by up to 3 million tons per year by 2030, which is equivalent to the emissions of more than 1
million passenger cars, the first phase will consist in studying the technical and economic feasibility of this project. This partnership, which will
seek funding from European, French and Regional schemes, is open to other industrial parties. The ability of industrial players to reduce their CO2
emissions in the medium and long term is a key issue for the sustainability of industrial activities and ecosystems in the area of Axe
Seine/Normandy. The companies involved in the MoU have agreed to collaborate to assess the technical and economic feasibility of implementing
an industrial CO2 capture and storage (CCS) chain, from their industrial facilities to ultimate storage in the North Sea. Air Liquide is pleased to
contribute to this project its unique expertise in CO2 capture and liquefaction technologies. Since 2015 Air Liquide has successfully implemented
CryocapTM in its plant in Port Jérôme, Normandy, an innovative proprietary CO2 capture and liquefaction technology, which allows to capture
up to 90 % of CO2 emissions. This wider initiative illustrates how industrial players can mobilize to decarbonize key industrial basins and
contribute to the fight against global warming. It is in line with Air Liquide’s Climate Objectives, which target carbon neutrality by 2050.
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Partner Ecosystem Updates
Sanofi and Asahi Kasei (Japan) Pharma execute a marketing license agreement to transfer
IT Shades
Engage & Enable
sales right in Japan for Plaquenil® Tablets 200 mg, an immunomodulator

Description
Sanofi K.K. and Asahi Kasei Pharma Corporation announced that both companies have entered into a license agreement for marketing in Japan of

Plaquenil® Tablets 200 mg for the treatment of cutaneous lupus erythematosus (CLE) and systemic lupus erythematosus (SLE) in Japan. In correlation

with this agreement, the marketing business of Plaquenil® will be transferred from Sanofi to Asahi Kasei Pharma on October 1, 2021. Sanofi will

remain as the marketing authorization holder of Plaquenil® in Japan and continue manufacturing the product. Plaquenil® is a 4-aminoquinoline

derivative that possesses anti-inflammatory, immunomodulatory, and antimalarial properties. It has a mechanism of action and chemical structure that

are similar to chloroquine, a drug that had been commercially available in Japan as a treatment for malaria and other conditions but has a lower affinity

for tissues than chloroquine. It has been reported that the incidence of retinal disorders, one of the major adverse drug reactions to chloroquine, among

patients receiving hydroxychloroquine is relatively low. Plaquenil® is now approved in more than 70 countries worldwide and is positioned as a

standard therapy for patients with cutaneous lupus erythematosus (CLE) and systemic lupus erythematosus (SLE) in many countries. The Ministry of

Health, Labour and Welfare (MHLW) evaluated this drug at its Study Group on Unapproved and Off-label Drugs of High Medical Need and positioned

it as a drug with an important medical need. Sanofi started the development of Plaquenil® in Japan according to a request from the MHLW in December

2010, obtained approval of the drug for the treatment of CLE and SLE in July 2015, and launched it in September 2015.
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Partner Ecosystem Updates
Asahi Kasei (Japan) joins PINFA and strengthens the activities for safe and IT Shades
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more sustainable flame retardant polymers
Description
Asahi Kasei joined Pinfa – the Phosphorus, Inorganic and Nitrogen Flame Retardants Association – as the first Japanese polymer manufacturer.
This membership is the company’s next step of strengthening its activities in Europe in regard to safe and more sustainable flame-retardant
polymers. As part of the European Chemical Industry Council (CEFIC), Pinfa represents the manufacturers and users of non-halogenated
phosphorus, inorganic and nitrogen flame retardants (PIN FRs). With 31 producers of non-halogen flame retardant materials and polymers from
various countries, this association is contributing to continuously improve the environmental and health profile of flame retardant products. Asahi
Kasei has a broad portfolio in the field of halogen-free and flame retardant polymers, including the modified polyphenylene ether (mPPE) XYRON
™ and the polyamide 6.6 LEONA™. Leveraging its expertise in this area even further, the company has developed the mPPE-based particle beads
foam SunForce™, the first foam of its kind certified with an UL94 V-0 flame retardance. These materials are especially suitable for applications
in the fields of automotive and E&E (electrical engineering and electronics). With the establishment of Asahi Kasei Europe in April 2016, the
company has been continuously strengthening its sales and marketing activities as well as the technical service for engineering plastics in Europe.
This development culminated in the consolidation of sales, marketing, logistics, R&D and technical service at the new location at Düsseldorf
harbor in March 2021.
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Partner Ecosystem Updates
BASF (Germany) signs MoU with JS Power to develop Agrivoltaics power IT Shades
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generation projects in Korea
Description
BASF, together with JS Power Co., Ltd., (JS Power), a company specializing in project development of renewable energy and

photovoltaic application, have entered a strategic Memorandum of Understanding (MoU) agreement to jointly promote the usage of

BASF BoldurTM Poles for the facility structure of Agrivoltaics power generation projects in Korea. Agrivoltaics is where solar panels

and arable farming are co-developed on the same land. Under the agreement, both companies will cooperate in developing 100 megawatts

of Agrivoltaics projects in Korea within three years and enhance the cooperation in technology, commerce, marketing, and business

models. JS Power will actively promote Boldur for the design of their Agrivoltaics projects, while BASF will provide all required material

solutions, coupled with full technical and commercial support. Made of Elastolit® polyurethane and enabled by our unique filament

winding technology, Boldur poles have a breaking strength that is ten times greater than their weight. This enables the poles to stand firm

in strong winds and resist cascades while traditional concrete poles could fall like dominoes during natural disasters, causing solar panels

to topple and destroy agricultural crops. In addition, they are ultra-light at approximately one-fourth the weight of concrete poles and

require less manpower and lifting equipment to install.

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Partner Ecosystem Updates
BASF (Germany) and Harvest sign Joint Development Agreement for the use IT Shades
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of Elastopor® Cryo in prefabricated insulation pipes
Description
BASF and Shanghai Harvest Insulation Engineering Co., Ltd (Harvest) have signed a Joint Development Agreement (JDA) to develop

prefabricated cryogenic pipes made with BASF’s polyurethane rigid foam system, Elastopor® Cryo. The signing ceremony took place in the

companies‘joint exhibition booth located at the 7th China LNG & Gas International Exhibition & Summit in Shanghai. According to the

agreement, BASF will conduct product development and testing in its laboratories and technical services. Harvest will undertake responsibility for

the design and production of the prefabricated pipes. Apart from insulating pipes, Elastopor Cryo can also be used as a core insulation material for

cryogenic containment systems, providing robust, maintenance-free, and outstanding thermal insulation for the transportation of liquefied gases at

extremely low temperatures, ranging from minus 60°C to minus 163°C. To help customers across Asia enhance the durability and longevity of their

cryogenic and shipping equipment, BASF has also developed a Elastocoat Cryo solution for use as protective coatings. The custom-formulated

solution contains zero Volatile Organic Compounds (VOC) and exceptional adhesion to various substrates, including concrete and metal, ensuring

carriers and on-shore structures are protected from corrosion, abrasion, and harsh weather conditions. Thanks to Elastospray Cryo, a spray-applied

foam insulation system, cryogenic pipes, and storage or fuel tanks can have excellent temperature stability and insulation performance.

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Partner Ecosystem Updates
Boeing (USA): United Airlines Orders 200 More Boeing 737 MAX Jets IT Shades
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Description
Boeing and United Airlines announced the carrier will expand its 737 order book by purchasing an additional 200 737 MAX jets, including 150 for the largest

member of the family, the 737-10, and 50 for the airplane that serves the heart of the single-aisle market, the 737-8. The new purchase positions United's fleet for

growth and accelerating demand for air travel. The purchase increases United's order book for the fuel-efficient, single-aisle family to 380 airplanes, excluding 30

that have been delivered. As the launch customer for the 737-10, United placed its first order in 2017 by converting 100 737-9 orders to the larger 737-10 variant.

Today's agreement also includes the purchase of Boeing 737 MAX training simulator data packages to support United's pilot training programs. Designed and built

in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14%

compared to the airplanes it replaces. The 737-8 seats up to 189 passengers and can fly 3,550 nautical miles – about 600 miles farther than its predecessor –

allowing airlines to offer new and more direct routes for passengers. The largest model in the family, the 737-10 seats up to 230 passengers in a single-class

configuration and can fly up to 3,300 miles. The fuel-efficient jet can cover 99% of single-aisle routes, including routes served by 757s. As a leading global

aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150

countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community

impact. Boeing's diverse team is committed to innovating for the future and living the company's core values of safety, quality and integrity.

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Boeing (USA) and SkyNRG Partner to Scale Sustainable Aviation Fuels Globally IT Shades
Engage & Enable

Description
Boeing SkyNRG and SkyNRG Americas announced a partnership focused on scaling the availability and use of sustainable aviation fuels (SAF)

globally. Boeing will also invest in SkyNRG Americas' SAF production project, for which Alaska Airlines is a previously announced partner.

Boeing, SkyNRG and SkyNRG Americas will work together to accelerate SAF development globally, focusing on scaling production capacity,

building awareness and engaging stakeholders throughout the value chain, including airlines, governments and environmental organizations. As a

leader in the SAF industry, SkyNRG sources and supplies SAF, develops production capacity, advises on policy decisions, manages corporate SAF

programs and takes the high road on sustainability. SkyNRG Americas is a new company focused on growing SAF production in North America.

Its first dedicated U.S. production facility for SAF will supply airports and airlines on the West Coast. Boeing's investment in the project includes

the advance purchase of SAF from this facility for use in company flight tests and other operations. The partnership builds on Boeing's long-term

industry leadership and investment in SAF. The company began SAF test flights in 2008 and helped gain approval for commercial use in 2011.

The Boeing ecoDemonstrator uses SAF for all flight test programs and completed the world's first commercial airplane flight using 100% SAF in

2018. Earlier this year, Boeing committed that its commercial airplanes will be capable and certified to fly on 100% SAF by 2030.

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Partner Ecosystem Updates
Boeing (USA), ESG and Lufthansa Technik Partner for Potential German IT Shades
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P-8A Poseidon Fleet Support
Description
Boeing agreements with ESG Elektroniksystem- und Logistik-GmbH and Lufthansa Technik that outline joint efforts to explore potential areas of collaboration in

systems integration, training, support and sustainment work. The signed memorandum of understanding may lead to more definitive agreements should Germany

select the P-8A Poseidon as its next maritime surveillance aircraft. Boeing, ESG and Lufthansa Technik have identified opportunities to collaborate in a number of

areas and will explore these in more detail, including training and simulation, cyber security, systems integration, certification, environmental compliance,

communications systems, electronic attack and electronic protect systems, aircraft and engine sustainment, component support services, predictive maintenance

analysis and logistics services. Lufthansa Technik has a long history in technical support of Boeing airplanes around the world. In addition, under Boeing’s

Performance-Based Logistics program, Lufthansa Technik also provides hardware support to the Italian fleet of Boeing KC-767A tankers and has facilitated

outstanding aircraft availability for the Italian Air Force. The P-8A Poseidon offers unique multimission aircraft capability and is the only aircraft in service and in

production able to meet the full range of maritime challenges faced by European nations. With the P-8A, Germany will be able to leverage full integration and

interoperability with NATO nations in the region. Additionally, the P-8A offers significant capability to meet Germany’s collective defense obligations as part of

Germany’s NATO membership and commitment to EU defense and security, including the maritime domain. Other German companies that already supply

components to the P-8A Poseidon include Aljo Aluminium-Bau Jonuscheit GmbH and Nord-Micro GmbH.
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Partner Ecosystem Updates
Chevron and Cummins (USA) Announce Strategic Collaboration on Hydrogen IT Shades
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Description
Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc. a global power

and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance

to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU

provides the framework for Chevron and Cummins to initially collaborate on four main objectives: advancing public

policy that promotes hydrogen as a decarbonizing solution for transportation and industry building market demand for

commercial vehicles and industrial applications powered by hydrogen developing infrastructure to support the use of

hydrogen for industry and fuel cell vehicles and exploring opportunities to leverage Cummins electrolyzer and fuel cell

technologies at one or more of Chevron’s domestic refineries.

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Johnson Matthey (UK): New UK collaboration ICE-Batt to optimise battery IT Shades
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technology
Description
Johnson Matthey (JM), a global leader in sustainable technologies, has teamed up with CPI, an independent technology innovation centre and Thomas Swan, one

of the UK’s leading independent chemical manufacturers, to explore how to best optimise battery technology. The ICE-Batt project receives funding support from

the Faraday Battery Challenge, managed by Innovate UK – the UK’s innovation agency – to enable the investigation of how innovative carbon nanotubes (CNTs)

and graphene nanoplatelets (GNPs) can improve battery performance. Ultimately this could lead to improvements in energy density, power density and low

temperature performance of lithium-ion and beyond lithium-ion technologies. In addition, the project will explore how to improve the green credentials of battery

processing. ICE-Batt will combine Thomas Swan’s innovative GNP technology and CPI’s formulation expertise to explore how together they can help realise the

full potential from JM’s high performance battery materials. The battery market was revolutionised by the advent of lithium-ion technology in 1991. However,

today’s electrification of the automotive powertrain, driven by our need for improved global air quality, requires constant innovation to meet the public’s

expectations on range, power and lifetime cost. The ICE-Batt project aims to overcome limitations of lithium-ion batteries, including energy density, power density

and low temperature performance through the application of innovative carbons. ICE-Batt will fine tune these novel carbon structures produced at an industrial

scale by Thomas Swan and demonstrate how they can be best applied to enhance the overall performance of traditional lithium-ion and next generation batteries

such as JM’s family of nickel-rich advanced cathode materials eLNO® and LIFE POWER® LFP.

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Partner Ecosystem Updates
Komatsu (Japan) begins PoC with AgJunction of the United States to achieve IT Shades
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automated operation of dump trucks at construction workplaces
Description
Komatsu Ltd. announced that Komatsu and AgJunction Inc. of the United States have begun a joint proof of concept (PoC) to achieve automated operation of

multiple dump trucks on construction workplaces. By combining information of different work processes surrounding dump trucks in operation through full use

of Digital Transformation SMARTCONSTRUCTION the two parties will achieve automated operation of multiple dump trucks, responding flexibly to different

work conditions. They are working to introduce this service to Japan in 2022 or 2023. Construction workplaces are known for high variability accompanied by

work progress, as represented by frequent changes of loading and dumping areas as well as hauling routes of dump trucks. They will also need to travel by avoiding

movement of workers, carrying in/out of materials, and other construction equipment. To introduce automated operation of dump trucks to such construction

workplaces, the two parties will combine the general-purpose automation kit, developed by AgJunction, which enables real-time obstacle detection and avoidance

for the dump trucks, and automation-compatible dump trucks to be developed by Komatsu. They will also take full technological advantage of operating instruction

of dump trucks to respond to position information and construction plans of DX SMARTCONSTRUCTION, thereby ensuring advanced recognition and sharing

of information concerning the surrounding environs and flexible control of multiple vehicles, according to onsite conditions, and enabling automated operation of

multiple dump trucks which travel between loading and dumping areas. Furthermore, they expect to cut down fuel consumption and CO2 emissions by controlling

optimal vehicle deployment and haul routes.

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Partner Ecosystem Updates
Honda and Komatsu (Japan) Announce the Start of Joint Development of IT Shades
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Micro Electric Excavators Powered by Honda Mobile Power Pack Batteries
Description
Komatsu Ltd. and Honda Motor Co., Ltd. announced that they have reached a basic joint-development agreement to electrify Komatsu’s micro excavators*1,

which use the swappable Honda Mobile Power Pack (MPP) and establish a battery-sharing system, which uses the Honda MPP and enables mutual use of MPPs

among different construction equipment and other equipment for the civil engineering and construction industries. Both Honda and Komatsu have led the

respective industries, developing products that contribute to mitigating environmental impact. Honda has been expanding the range of products which are powered

by the Honda MPP. Komatsu achieved the world’s first market introduction of hybrid hydraulic excavators in 2008 and the launch of the PC30E-5 mini electric

excavator (hydraulic drive) for rental use in Japan in April, 2020. Under the concerned joint-development agreement, the two parties will electrify Komatsu’s PC01

micro excavator by equipping it with Honda MPPs and an electrified power unit because it is typically used very close to people, trees and flowers for pipe-laying

work, gardening, agriculture, livestock and the like. Komatsu is working to launch the PC01 micro electric excavator by the end of FY2021. Thanks to

electrification of the micro excavator, noise and exhaust heat will be dynamically reduced, and the PC01 will be environmentally friendly with no exhaust gas and

will enable a comfortable level of work at different work sites, either indoor or outdoor. Furthermore, the swappable Honda MPP offers an innate advantage of

continuous use of electric machines without recharging the battery. Equipped with the Honda MPP, the PC01 will simplify the power supply and improve

convenience for customers. After launching the PC01, Honda and Komatsu will conduct verification tests to improve the convenience of electric construction

equipment by supplying Honda MPPs to civil engineering and construction sites and offering aftersales services, including a battery swapping system.
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Partner Ecosystem Updates
SelectImmune Collaborates with Lonza Group (Switzerland) to Develop an IT Shades
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Immunotherapeutic Drug Candidate
Description
SelectImmune Pharma, a pharmaceutical company developing novel immunotherapeutics and alternatives to antibiotics, and Lonza, a global
CDMO partner to the biotech and biopharma industry, have announced a collaboration to develop processes for NlpD, a novel immunotherapy
protein. Antibiotic resistance represents a major threat to public health. The existing pool of antibiotics and our ability to protect patients from
bacterial infections is threatened by the rise of antibiotic resistance. Instead of targeting the pathogenic bacteria, the patient’s immune system can
be boosted to balance the immune response and enhance the beneficial gene expression. This new concept shifts the balance in favor of beneficial
symbiotic bacteria and away from pathogenic infections. NlpD is a protein originating in beneficial bacteria present in the human microbiome and
has been found to inhibit infection and inflammation in animal models. This RNA polymerase II inhibitor can be purified in large quantities.
Advancing a drug candidate from late-stage discovery into the clinic represents one of the most critical development steps. Process de-risking and
assessing developability and manufacturability early on helps maximize the chances of success further down the development and manufacturing
pathway. Under the terms of the agreement, SelectImmune will leverage Lonza’s early development services, which include non-GMP expression
and laboratory-scale process development, to lay the groundwork for future pre-clinical studies of NlpD. The early development activities will be
carried out at Lonza’s Cambridge (UK) site.
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CellPoint and Lonza Group (Switzerland) to Leverage the Cocoon Platform IT Shades
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for T-Cell Therapeutics Manufactured at the Point-of-Care
Description
CellPoint, a private, clinical-stage biopharmaceutical company developing novel platforms for gene-modified T-cells to treat cancers, and

Lonza, a leading cell and gene therapy manufacturer, announced that the companies have a cell therapy manufacturing agreement in

place. This collaboration, aimed at developing CellPoint’s T-cell therapies for treating various cancers, will leverage Lonza’s expertise in

process development and its proprietary Cocoon® Platform. This automated and closed patient-scale cell therapy manufacturing platform

offers flexibility to execute a wide variety of protocols within a single system, which is enabled through a single-use, highly customizable

cassette and custom programming. Cell-based immunotherapies have been shown to be potent drugs that can treat multiple forms of

incurable cancers. CellPoint has acquired various assets to develop CAR-T immunotherapies targeting hematological tumors and is

intending to target solid tumors as well. One of the key hurdles in making these therapies more accessible to larger patient populations is

the difficulty in manufacturing these therapies at scale, robustly, and close to patients. CellPoint will utilize the Cocoon® Platform to

manufacture cell therapies at the point-of-care, thereby lowering manufacturing costs, decreasing turnaround times to treatment, and

minimizing complex logistics.

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Pinteon Extends Collaboration with Lonza Group (Switzerland) for Manufacturing PNT001,
IT Shades
a Novel Tau Antibody Targeting Alzheimer's disease and Traumatic Brain Injury Engage & Enable

Description
Pinteon Therapeutics, a biotechnology company focused on protecting neuronal health by targeting neurotoxic forms of the tau protein, and Lonza announced

that the companies have expanded their manufacturing agreement to enable future clinical production of Pinteon's lead candidate, PNT001, which showed

promising results in Phase 1 clinical study. This collaboration extension follows a successful multi-year manufacturing relationship established in Lonza's

Slough (UK) site in 2018, providing drug substance (DS) manufacturing for Phase 1 clinical supply. Starting in Q4 2021, PNT001 cGMP DS will be

manufactured in Lonza's brand new, state-of-the-art cGMP mammalian facility in Guangzhou (CN) and will enable Pinteon to conduct clinical trials in the

US with potential future expansion into Europe. PNT001 is a monoclonal antibody targeting an epitope on a highly neurotoxic conformation of the tau

protein called cis-pT231 tau. This conformation of tau is acutely neurotoxic and also contributes to the initiation and spread of tau pathology in

neurodegenerative tauopathies, such as traumatic brain injury, chronic traumatic encephalopathy, Alzheimer's disease and progressive supranuclear palsy.

PNT001 is currently being studied in a Phase 1 trial of patients with acute traumatic brain injury. Pinteon expects to initiate a Phase 1b/Phase 2 study of

PNT001 in patients with Alzheimer's disease by the end of 2021. Pinteon will leverage Lonza's global manufacturing network, regulatory competence,

extensive expertise in manufacturing monoclonal antibodies, and experience in supporting accelerated manufacturing while laying a foundation for potential

commercial manufacturing in the future.

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Lonza Group (Switzerland) Extends Collaboration with Major Biopharmaceutical Partner
IT Shades
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for Large-Scale Monoclonal Antibody Commercial Supply

Description
Lonza, a CDMO partner to the biopharma industry announced the extension of its collaboration with a major biopharmaceutical partner for the

commercial-scale manufacture of monoclonal antibodies, under a long-term agreement. At scale, and following product approval, the agreement will

absorb a significant proportion of the capacity of the large-scale mammalian asset under construction in Visp, which will accommodate six 20,000L

bioreactors. Together with other customers, approximately 75% of the facility’s available capacity is now reserved. The announcement marks the

significant development of an existing customer relationship where Lonza already provides highly potent payload, drug-linker and conjugation services.

The large-scale supply of monoclonal antibodies reflects further supply chain simplification and the commercialization of a process already established

within the Lonza network. ADCs are bioconjugates and represent an innovative therapeutic modality that is growing rapidly and providing effective

therapies to patients with reduced side effects. ADCs usually combine an antibody with a highly-potent payload (via a linker molecule) to target cancer

cells. The antibody serves as the delivery method to target the toxic drug precisely to cancer cells, limiting toxicity to healthy cells. Lonza has developed

the expertise and technology to de-risk the development and manufacturing of bioconjugates and supports the majority of commercially approved

ADCs. Lonza offers all elements of the complex supply chain, including the production of biomolecule, synthetic payload, linker and subsequent

conjugation at its Visp (CH) site.

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Lonza Group (Switzerland) and CN Bio Announce Distribution Agreement Providing
IT Shades
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Prevalidated Hepatocytes for Use on Innovative Organ-on-a-chip Range

Description
Lonza and CN Bio have entered into a distribution agreement whereby Lonza will supply a selection of hepatic cells to be prequalified by CN Bio for use in

their PhysioMimixTM Single-and Multi-Organ MPS to transform the way human-relevant pre-clinical data is generated. With prequalified cells, customers

can avoid having to trial numerous cell types in order to be assured of finding ones that will grow and behave functionally in 3D culture and fast-track their

route to generating reliable and robust data. The use of physiologically relevant in vitro models plays an important role in driving down attrition rates and

boosting the efficiency and success of drug discovery programs. It is increasingly clear that standard 2D cell culture fails to accurately reflect the complex

interactions that take place in the living body, while animal models are slow, expensive and do not always correlate to the same interactions in humans.

Innovative models, such as OOC, offer the way forward and this agreement is a critical step in realizing that vision to bring more physiologically relevant

models to the industry. The PhysioMimixTM Single and Multi-Organ MPS allow researchers to recreate an environment that more accurately represents the

human body in the laboratory to generate translationally relevant pre-clinical data. Until now, the widespread adoption of OOC technologies has been

hampered by a lack of quality control and performance criteria for consistent use of the devices and reproducibility of results between experimental sites.

These have posed significant limitations for translational experiments using OOC technology in contexts of use in drug development. To address this, the

FDA has worked with CN Bio to demonstrate the robustness and reliability of their technology for drug metabolism and safety toxicity applications.
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Mitsubishi Chemical (Japan) Enters into a License Agreement for Chemical Recycling
IT Shades
Engage & Enable
Process with Mura Technology

Description
Mitsubishi Chemical has entered into a license agreement with Mura Technology Limited pertaining to a process for manufacturing raw

materials for chemical products from plastic wastes. MCC is continuing to consider the conversion of raw materials to non-fossil based

materials and the development of technologies for chemical recycling of plastic waste in order to realize a circular economy. Based on this

license agreement with Mura, MCC is planning to introduce HydroPRS™ to accelerate detailed studies toward the commercialization of

chemical recycling of plastic wastes. HydroPRS™ is an innovative process for converting plastics into regenerated chemicals and oils

utilizing high-temperature and high-pressure supercritical water. Compared with the conventional direct pyrolysis technology, it is possible to

obtain regenerated oils with a high yield and of the same quality as petroleum-derived raw materials (which can be put into existing facilities

without pretreatment). With this process, we believe that plastic wastes that were previously incinerated or landfilled can be chemically

recycled and enable significant reduction of CO2 emissions and fossil fuel consumption throughout the plastic life cycle, which will greatly

contribute to the realization of a circular economy. In addition, Mura is aiming for the commercialization of large-scale chemical recycling of

plastic wastes, and HydroPRS™ is one of the many chemical recycling technologies that are being developed at an accelerating pace.
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 IT Shades
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Environment & Social Updates

Manufacturing Industry

For any queries, Please write to [email protected]

Environment & Social Updates
Ayala Group’s (Philippines): Medical frontliners receive support from Globe IT Shades
and partners Engage & Enable

Description
UP-Philippine General Hospital National Children’s Hospital (NCH), and Tondo Medical Center (TMC) will each receive 50 Globe MyFi devices

with free 9 GB valid for 7 days for its medical frontliners. In addition, the hospitals will receive a cash donation of P500, 000.00 from Ayala

Corporation through Ayala Foundation, plus funds rose through Globe Rewards and GCash. The hospitals will also receive smart TVs with Globe

Home Prepaid WiFi with 10 GB data valid for 7 days to be installed in COVID and cancer wards and other patient areas such as the Emergency

Room and Out-Patient Department. Globe Business customers have also contributed to this worthy advocacy by providing gift packs to the

medical frontliners. Meanwhile, Generika provided 500 immunity booster packages for PGH frontliners. Century Pacific Food Inc. shared 500

nutrient-rich food packages for NCH staff and patients. PureGo provided 500 PureGo discount vouchers worth P200 to TMC employees. GCash

likewise provided GInsure package with Covid and Dengue coverage for 3 months for 500 frontliners of TMC. When the pandemic started, Globe

supported PGH Medical Foundation Inc. and nine (9) other hospital beneficiaries through Globe Rewards by raising P41M through the help of its

customers. Fundraising for PGH has continued to date. Globe Rewards provided a digital avenue for concerned Filipinos to quickly donate funds

to these hospitals. PGH alone has received over P22 million worth of essential COVID and pediatric cancer supplies since 2020.
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Environment & Social Updates
BrigadangAyala: First tranche of Ayala Group’s (Philippines) 1 million IT Shades
COVID-19 vaccines arrives employees get their first dose Engage & Enable

Description
Employees from Ayala’s business units have received their first dose of the COVID-19 vaccine on Monday. The vaccines are part of the first tranche of the

1 million doses secured by the group via tripartite agreements with the government. On July 5, the group officially launched the Ayala Vaccination and

Immunization Program (AVIP) at Makati Stock Exchange and UP-Ayala Land Technohub simultaneously. This will be followed by other ceremonial

vaccinations on July 8 at Ayala Malls Manila Bay and BGC Parkade. Ayala aims to inoculate 3,500 individuals this week, including employees and their

dependents who belong to the A1 and A2 categories. As early as March 2021, Ayala employees have been vaccinated against COVID-19. Doctors and

healthcare workers of QualiMed Hospital Sta. Rosa were the first medical frontliners outside of Metro Manila to receive vaccines from the IATF and DOH.

Through partnerships with LGUs led by AC Health, Ayala employees who belong to the economic frontliner (A4) category have been receiving COVID-19

vaccines since June 14. The group has since established A4 vaccination sites in Quezon City, Taguig, Parañaque, Makati, and Sta. Rosa, Laguna out of a total

of 24 sites nationwide. To date, about 6,000 Ayala employees have been vaccinated through local government partnerships. In addition, AVIP also allows

registered participants to have one-year access to unlimited medical consultation as well as health monitoring in AC Health’s network of Healthway clinics

and Qualimed hospitals nationwide. As of May 2021, the Ayala Group has allocated over P16 billion in different COVID-response initiatives. P1 billion was

allotted for the pre-ordered vaccines. AVIP is being implemented under #BrigadangAyala.
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Environment & Social Updates
Insulated panels for COVID-19 vaccine storage facilities made with BASF IT Shades
(Germany) Elastopir® now produced by United Panel-System Engage & Enable

Description
United Panel-System M Sdn. Bhd, (UR), Malaysia’s leading insulated panel, commercial and industrial refrigeration

systems producer, now manufactures COVID-19 vaccine logistics facilities made with BASF’s Elastopir® PH

1132/509/0, a high-quality polyurethane rigid foam insulation solution. Sustainability is also an important benefit of

BASF’s Elastopir solutions. Elastopir PH 1132/509/0 is a n-pentane-blown foam, with a low global warming and ozone

depletion potential. Additionally, the solution aids lower energy consumption, increasing the facilities’ energy efficiency,

an important consideration in many parts of Asia where electricity supply is hard to come by. Elastopir has superior fire

performance, which enhances the protection of these facilities against fires. It was also recently used to produce mobile

medical Intensive Care Unit (ICU) facilities by Rinac India Limited to support India’s urgent need for more hospital beds

during the pandemic.

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Environment & Social Updates
BASF (Germany) to build new battery recycling prototype plant in IT Shades
Schwarzheide, Germany Engage & Enable

Description
BASF will build a battery recycling prototype plant in Schwarzheide, Germany, at the site of its cathode active materials (CAM) plant. The prototype recycling

plant will allow for the development of operational procedures and optimization of technology to deliver superior returns of lithium, nickel, cobalt and manganese

from end-of-life lithium-ion batteries as well as off spec material from cell producers and battery material producers. With the expected rapid growth of the electric

vehicle market, recycling provides competitive and sustainable access to relevant metals for cathode active materials. The extracted metals will be used to produce

new cathode active materials and will enable a circular economy for the battery value chain. This investment will create about 35 new production jobs, with startup

planned for early 2023. Battery recycling is an important long-term market requirement in the electric vehicle market to reduce its CO2 footprint, as well as to meet

stricter policy measures, expected under the proposed EU Battery Regulation, including recycling efficiencies and material recovery targets for nickel, cobalt and

lithium. The Schwarzheide production site is based in Eastern Germany in the federal state of Brandenburg. The investment in Schwarzheide reinforces BASF’s

support of the European Commission’s agenda towards a European battery production value chain and is part of the “Important Project of Common European

Interest (IPCEI)” approved by the European Commission on December 9, 2019, under the European Union State aid rules. The launch of innovative battery

materials from the Schwarzheide plant and research to develop next-generation battery materials and process development, including battery recycling, is funded

by the Federal Ministry of Economics and Energy on the basis of a resolution of the German Bundestag and by the Ministry of Economics, Labor and Energy of

the State of Brandenburg on the basis of a resolution of the Brandenburg State Parliament as part of the IPCEI for Batteries: Funding codes 16BZF101A/B.
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Environment & Social Updates
Cummins (USA): New global community program expands Cummins’ focus IT Shades
on the global water crisis Engage & Enable

Description
Cummins Inc. announced a new global community program called Cummins Water Works, which addresses the global water crisis by partnering with leading

water experts and investing and engaging in sustainable, large-scale, high-impact water projects around the world. This new community program is supported

initially by $8 million in Cummins grants focusing on five of the most water-stressed countries: Mexico, Brazil, India, South Africa and the U.S. By 2025,

Cummins Water Works will bring fresh water to 20 million people who would not otherwise have access to it, while striving to produce net water benefits

that exceed Cummins’ annual water use in all Cummins regions by 2030 and in all Cummins communities by 2050. 785 million people – one in nine – lack

access to safe water. And, by 2050, at least one in four people will likely live in a country affected by chronic or recurring water shortages. Joining the Water

Resilience Coalition connects Cummins with water-related non-profit organizations and more than a dozen major global companies focused collectively on

analyzing, prioritizing, implementing, and managing high-impact water projects in major water-stressed regions around the world. Cummins is launching its

new community program through partnerships with two global nonprofit organizations, The Nature Conservancy and Water.org. Initial and projected projects

include working with The Nature Conservancy to help plan and engage in projects in Brazil, the U.S. and India that are primarily focused upstream on

improving, repairing, and strengthening primary water sources on which communities are dependent. Working with Water.org, Cummins will help plan and

engage in projects in Mexico, Brazil, and India that are primarily focused downstream, on improving water cost, quality, and availability in communities.

98
For any queries, Please write to [email protected]
Environment & Social Updates
Indorama Ventures (Thailand): New Karawang facility to recycle 2 billion IT Shades
PET plastic bottles annually Engage & Enable

Description
Thailand-based Indorama Ventures Public Company Limited (IVL), the world’s largest producer of recycled PET for beverage bottles, announced it will

build a facility in Karawang, West Java, to recycle almost 2 billion plastic bottles a year in support of the government’s plan to reduce ocean debris. The

facility, which is planned to launch in 2023, will recycle 1.92 billion PET (polyethylene terephthalate) plastic bottles annually and create 217 new jobs. It is

part of IVL’s global commitment to divert post-consumer PET bottles away from waste and back into the circular economy, supporting the Government of

Indonesia’s National Plan of Action on Marine Plastic Debris. The recycling plant will provide the washed and shredded post-consumer bottles as PET flake

feedstock to produce recycled resin that is suitable for food contact use. As the largest archipelagic state in the world, Indonesia is endowed with great

biodiversity, rich natural resources as well as strategic and economic value that have all created blessings and challenges for Indonesians. Against this

backdrop, Indonesia will by the end 2025 reduce 70% of its plastic debris from 2017. PET plastic, commonly used in bottles, is 100% recyclable and the most

collected and recycled plastic packaging in the world. Indorama Ventures has six Indonesian sites across Purwakarta, Cilegon, Tangerang and Karawang.

With this new recycling facility, IVL brings a circular business model to support our Indonesian operations. In 2019 Indorama Ventures announced it aims to

recycle a minimum of 750,000 metric tons of PET globally by 2025, investing up to US$1.5 billion to achieve this goal. IVL’s new plant in Karawang, along

with its other recycling facilities in Southeast Asia, will work with existing PET flake production facilities in Indonesia.

99
For any queries, Please write to [email protected]
Environment & Social Updates
KION Group (Germany) donates €1 million in emergency aid to the German IT Shades
Red Cross following rain storms Engage & Enable

Description
The KION Group is supporting relief workers in their tireless efforts to cope with the heavy storm damage in North

Rhine-Westphalia, Rhineland-Palatinate, and Bavaria. The intralogistics company is donating €1 million in emergency aid to

the German Red Cross. The national relief organization has been actively assisting in the rescue, care, and shelter of those in

need in the areas. The German Red Cross is a recognized umbrella organization of the non-governmental welfare sector,

providing facilities, programs, and services through both volunteers and full-time workers. In Germany, the organization is

also involved in civil defense and disaster response. In the event of a disaster, the German Red Cross is committed to using

all available helpers and all available resources to rescue people and help them in their time of need. Currently, more than

3,500 German Red Cross helpers are in round-the-clock operation in the flood-hit areas. The financial support that the KION

Group is providing to the German Red Cross is distributed to the respective regional and local organizations by the national

headquarters in Berlin. This ensures that emergency aid is sent where it is needed most urgently.
100

For any queries, Please write to [email protected]

Environment & Social Updates
Legrand Group (France) India organizes a vaccination camp at Haridwar IT Shades
Engage & Enable

Description
A camp was organised for the age group of 18 to 45 on June 25th, 2021 along with Sambhav Foundation who are locally supporting the

Legrand team. The Legrand team was successful in getting 272 localites vaccinated within one day which was administered by local PHC and

doctors. The ongoing pandemic has made things challenging for countless people across the country and this has indeed tremendously

disrupted the socio-economic circumstances globally. Even post the government extending lockdowns has not resolved the situation and the

only weapon that can prevent the spread of the virus is vaccination. In efforts to boost the vaccination process in India, Legrand Group India

aims to step up its pace to help citizens to battle COVID-19. Legrand team provided the required infrastructure, which included space for

registration kiosk, waiting areas and observation areas. The camp was organised to support the local government to facilitate vaccination to

weaker communities of the society as a part of Legrand’s CSR initiative. The company aims to set up similar camps at its Telemedicine center

to cover maximum villagers in Aneki & nearby villages in Haridwar. During the course of past recent months Legrand Group India has been

working hard and has initiated various activities like providing PPE Kits, Masks, Sanitizers, Medical Infrastructure, Formation of Isolation

Wards and Quarantine Centres in Tamil Nadu, Kerala, Delhi, Maharashtra, Uttarakhand and Haryana in fight against COVID-19.
101

For any queries, Please write to [email protected]

Environment & Social Updates
Linde (Ireland) Starts Up New Liquid Hydrogen Plant in Texas IT Shades
Engage & Enable

Description
Linde announced it has started up its fifth liquid hydrogen plant in the U.S., reinforcing the company's robust supply network of

plants in California, Alabama, Indiana and New York. The new plant in La Porte, Texas, will supply over 30 tons per day of

high-purity liquid hydrogen to meet growing demand from Linde's customers. The liquefier takes hydrogen from Linde's

approximately 600-kilometer U.S. Gulf Coast pipeline, which has over 15 independent hydrogen production sources, giving it the

most reliable feed supply of any hydrogen liquefier in the U.S. Linde will purify and liquefy the hydrogen before supplying it to end

markets including material handling, mobility, aerospace, manufacturing, metals, energy and electronics. Linde is a global leader in

the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system

in the world. The company also operates the world's first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline

network of approximately 1,000 kilometers globally to reliably supply its customers. Linde is at the forefront in the transition to clean

hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide.
102

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 IT Shades
Engage & Enable

Miscellaneous
Updates Manufacturing Industry

For any queries, Please write to [email protected]

Miscellaneous Updates
ABB (Switzerland) to supply chargers for sustainable parcel delivery by Austria’s IT Shades
Engage & Enable
postal service

Description
Austrian full-service provider eww Anlagentechnik and ABB have supplied Austria’s national postal service, Österreichische Post, with 2,000

AC-charging stations to electrify its fleet and support the expansion of sustainable parcel delivery throughout the Alpine republic.

Österreichische Post is fully committed to e-mobility and wants to achieve emission-free deliveries by 2030. Some 2,000 Terra AC wallbox

charging points will be installed at more than 100 locations. The regional full-service provider eww Anlagentechnik, in cooperation with ABB

as a global leader in electric vehicle charging, will provide the innovative solution for the AC charging requirements of the delivery fleet.

Electric cars have been in use at Österreichische Post since 2011. In 2019, the group decided to convert the entire delivery fleet to e-drives or

other alternative forms by 2030 with the aim to achieve CO2-free delivery for the so-called “last mile” – the journeys of letters and parcels

from the delivery base to the addressees. Österreichische Post operates the largest fleet of e-vehicles in Austria, with 2,100 vehicles. In order

to be able to charge the steadily growing fleet of electric vehicles in a future-proof manner, it is important to create reliable and optimum

charging conditions at their locations. The Terra AC-Wallbox impresses with its outstanding quality, future-proof flexibility and high security.

Space-saving and easy to install, it is characterized above all by its user-friendliness.

103

For any queries, Please write to [email protected]

Miscellaneous Updates
Lowe’s teams up with DuPont (USA) to support companies making PPE IT Shades
Engage & Enable

Description
The supply of personal protective equipment (PPE) continues to be stressed. In response, Lowe’s and DuPont teamed up to support

businesses that are transforming their operations to help supply healthcare organizations with needed PPE. As part of the

#TyvekTogether program, DuPont and Lowe’s donated rolls of Tyvek® 1222A to businesses across the United States, including

Merrow Manufacturing, Thermaxx and Studio Displays. These companies transitioned to manufacture gowns out of the rolls of fabric

and donated them to first responders and healthcare professionals. From this collaboration, Merrow Manufacturing, who swiftly

became one of the largest producers of US-sourced PPE, is now able to create 60,000 additional gowns to be donated to schools,

EMS, assisted living facilities and frontline medical workers in July. The partnership is also helping local businesses fill some gaps.

Studio Displays in Pineville, North Carolina, a trade show display company, is one of many small businesses already feeling the

financial crunch from COVID-19. The downturn in business was especially hard because the company was expecting 2020 to be a

strong year. The company is now using the donated material to keep the company running while helping their healthcare community.

The gowns will be donated to Charlotte area hospitals.

104

For any queries, Please write to [email protected]

 IT Shades
Engage & Enable

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