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Top related persons:
Aymeric Grange - 1 Grange - 1 Anne Lamp - 1 compostable - 1 Traceless - 1 Joanna Baare - 1 Baare - 1 Hamburger Sparkasse - 1
Top related locs:
Paris Lombard France Hamburg Antarctica Wolfsburg Germany SHANGHAI
Top related orgs:
Lombard Odier - 1 White Star Capital - 1 Business - 1 Grange - 1 Lombard - 1 UB Forest Industry - 1 Growth - 1 SWEN Capital Partners - 1

Search resuls for: "Swen"


7 mentions found


☆ 900.care wants to make refillable consumer products the norm. Check out the 16-slide deck it used to raise $22.7 million.
  + stars: | 2024-03-26 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +2 min
Currently, many personal-use products in supermarkets, such as body wash, conditioners, and other hygiene products, use a lot of single-use plastics. "It creates so much plastic waste, and shipping water for these products also creates a lot of CO2 emissions," Grange told Business Insider. This reduces water waste, which would otherwise be required to manufacture and transport these products. Amid a tougher funding environment for D2C startups in the past two years, Grange told BI that 900.care's "growth economics and product-market fit" helped them to secure funding. Check out the 16-slide pitch deck used to secure the fresh funding.
Persons: Aymeric Grange, Grange Organizations: Lombard Odier, White Star Capital, Business, Grange, Lombard Locations: Paris, Lombard, France
☆ Biomaterials startup Traceless wants to help tackle plastic pollution. It just raised $39 million in debt and equity with this 15-slide pitch deck.
  + stars: | 2023-09-25 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
A German startup hoping to help put an end to plastic pollution has just raised 36.6 million euro (around $38.9 million) in a mixture of equity and debt. Hamburg-based Traceless, founded in 2020, has developed a plant-based biomaterial using agricultural waste to replace plastics. The startup material uses the existing natural polymers that are in its raw material, which requires up to 80% less energy to process compared to conventional plastics, Lamp said. Traceless produces its material as small pellets to provide to product manufacturers, which then mould it to their needs. The startup hopes to have replaced 1 million tonnes of plastic by 2030.
Persons: Anne Lamp, compostable, Traceless, Joanna Baare, Baare, Hamburger Sparkasse Organizations: UB Forest Industry, Growth, SWEN Capital Partners, GLS Bank, Planet A Ventures, Tech Locations: Hamburg, Antarctica
☆ VW's China joint venture transforms Shanghai plant for EV production
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +1 min
Swen Pfoertner/Pool via REUTERS/File PhotoSHANGHAI, June 6 (Reuters) - Volkswagen 's Chinese joint venture with SAIC Motor (600104.SS) has transformed one of its plants in Shanghai for production, research and development of electric vehicles (EV), the German automaker said on Tuesday. Production of internal combustion engine models at the main plant of SAIC Volkswagen in Anting of Shanghai will be relocated to other plants, Volkswagen said in an emailed statement to Reuters, which came after comments on social media saying Volkswagen was shutting a plant in Shanghai. The change will not affect the production capacity for individual models, it added. The move underscores Volkswagen's efforts to accelerate its shift to electrification as it has been losing shares in its biggest market where it lags behind Chinese rivals in launching new EV models. Volkswagen-branded cars have been outsold by electrified vehicle maker BYD since November last year, according to data from industrial associations.
Persons: Swen, Zhang Yan, Brenda Goh, Emelia Sithole Organizations: Volkswagen, SAIC, SAIC Volkswagen, Reuters, Thomson Locations: Wolfsburg, Germany, SHANGHAI, Shanghai, Anting
☆ Prosecutors in Alec Baldwin 'Rust' shooting case are getting heat over apparent missteps
  + stars: | 2023-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +9 min
The charges stem from the October 2021 shooting death of cinematographer Halyna Hutchins during the filming of independent film "Rust." She won the race in November but stayed on the "Rust" case. In September, Torraco donated $250 to Reeb's campaign, assuming that if Reeb won the legislative race, she would automatically recuse herself frocrat, andm the "Rust" case. Media circusThe case has received significant media attention, which has persisted due to Baldwin and the prosecutors' press communication. Beyond that, Heather Brewer, the DA's spokesperson specifically hired for the "Rust" case, has made several heated statements about Baldwin and his attorneys on behalf of the DA's office.
☆ German exports to Russia plunge to lowest in two decades
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +1 min
German exports to Russia slumped by 45% year-on-year to 14.6 billion euros ($15.9 billion) in 2022, according to preliminary data from the German Committee on Eastern European Economic Relations. Imports from Russia, however, grew by 11% to about 37 billion euros due to high oil and gas prices, the group said in its report. Germany's trade deficit with Russia climbed to a record level of around 22 billion euros as a result, the group's executive director Michael Harms said. The plunge in exports to Russia was most visible in motor vehicles and automotive parts, as well as electrical engineering products, Harms added, while pharmaceutical products and agricultural machinery, sectors which have been excluded from European Union sanctions, remained the top exports. "The outlook for export business with Russia remains bleak," Harms said, adding that goods exports to Russia were likely to settle at a low level in 2023.
☆ Euro zone downturn deepens, points to winter recession
  + stars: | 2022-11-04 | by ( Jonathan Cable | ) www.reuters.com   time to read: +4 min
A closely-watched survey showed euro zone October business activity contracted at the fastest pace since late 2020. "The final euro zone PMIs for October paint a clear picture of falling activity and sky-high inflation," said Jack Allen-Reynolds at Capital Economics. Asked what type of recession the euro zone would endure, 22 of 46 respondents in an October Reuters poll said it would be short and shallow while 15 said it would be long and shallow. In the euro zone, high operating expenses due to energy, wage and transport costs pushed services firms to raise charges sharply again. With no end in sight to the Russia-Ukraine conflict, nearly 65% of 34 respondents in the October Reuters poll said the cost of living in the euro zone would worsen or worsen significantly.
☆ German producer prices post surprise record jump in August
  + stars: | 2022-09-20 | by ( Reuters Staff | ) www.reuters.com   time to read: +1 min
Swen Pfoertner/Pool via REUTERS/File PhotoBERLIN (Reuters) -German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, according to data released on Tuesday. Producer prices of industrial products increased by 45.8% on the same month last year, the Federal Statistical Office reported. Compared to July 2022, prices rose 7.9%, it added. Excluding energy, the year-on-year rise in producer prices came in at 14% in August. Producer prices for intermediate goods also rose significantly, up 17.5% on the year, driven mainly by a 19.9% surge in the price of metals.
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