Technology

Creating a Future of “All-Sustainable”

Published

2 months ago

October 28, 2024

HO CHI MINH CITY, Vietnam, Oct. 27, 2024 /PRNewswire/ — Building its brand as a world-leading manufacturer of life-changing composites and experiences, Michelin, with its strong innovation DNA, not only aims to improve the quality of human mobility but also has a clear plan to achieve its ambition of being “All sustainable”.

Michelin currently holds over 11.910 active patents worldwide and has been recognized by Clarivate™ as one of the “Top 100 Global Innovators.” (1)Michelin’s larger global goal by 2030 is to reduce CO2 emissions by 50% compared to 2010 levels, aiming to achieve 0% by 2050. Additionally, Michelin aims for over 40% of the raw materials used to produce tires to be renewable or recycled materials by 2030. Currently, the company has produced tires that use over 60% recycled materials.(2)

Contribute innovative technologies that change the quality of life

Michelin holds over 11.190 active patents worldwide and has been recognized by Clarivate ™ as one of the Top 100 Global Innovators. The group has made decisive technological contributions, positively impacting human progress in many fields.

A prime example is the MaxTouch technology, which extends tire life by optimizing the contact patch, reducing fuel consumption, and minimizing environmental impact. For users, tires equipped with MaxTouch technology last longer than conventional tires, saving on replacement costs and minimizing waste, contributing to environmental protection. The good grip and low rolling resistance enhance vehicle control, acceleration, and braking, providing a safer driving experience.

The WISAMO sail is also recognized as a notable initiative in maritime transport, contributing to a 50% reduction in greenhouse gas emissions (3). The system autonomously controls the sails using wind sensors and intelligent algorithms, optimizing performance in all weather conditions.

Expanding beyond space, Michelin is also involved in the ambitious MiLAW project – a part of NASA’s Artemis program, which researches and develops tires for autonomous lunar exploration vehicles. The MiLAW wheel is designed to minimize rolling resistance on lunar regolith (lunar soil), enabling exploration vehicles to travel efficiently with greater range, conserving both energy and resources.(4)

These show that Michelin is actively shaping the future. By improving current products and pioneering the exploration and development of new technologies, the company is driving toward a greener, safer, and more efficient future in mobility for everyone.

Vision 2050: Creating a Sustainable Green Future with Net Zero Carbon Emissions

In 2023, Michelin achieved an impressive milestone in Vietnam when it reduced CO2 emissions by 56% compared to the previous year through two projects: changing tire transportation from road to sea and eliminating plastic wrapping for motorcycle tires.(5) These developments highlight Michelin’s dedication to environmental sustainability and encourage greater community involvement.

Globally, Michelin Group achieved a 6% reduction in global CO2 emissions and a 10% decrease in production water consumption in 2023, compared to 2022. These achievements lay the foundation for Michelin’s global environmental goals by 2030: reducing carbon emissions by 50% compared to 2010 and reaching net-zero emissions by 2050.(6)

Additionally, Michelin aims to source over 40% of raw materials for tire production from recycled materials by 2030.(7)

These advancements promise an all-sustainable future, achieving a harmonious balance between humanity, the environment, and the economy.

About Michelin

Drawing on its deep know-how in polymer composites, Michelin constantly innovates to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare.

www.michelin.vn

Source:

(1): https://www.michelin.com/en/expertise/innovation/research-developpement

(2): https://youtu.be/zjZBd6DhcLo?si=Cd_QP_YaG8gHf0lD

(3): https://wisamo.michelin.com

(4): https://news.michelin.co.uk/articles/michelin-s-lunar-wheel-prototype-at-the-2024-le-mans-24-hours

(5), (6), (7): https://youtu.be/zjZBd6DhcLo?si=Cd_QP_YaG8gHf0lD, https://www.michelin.com/en/group/michelin-in-motion-strategy ,

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/creating-a-future-of-all-sustainable-302288077.html

SOURCE Michelin Vietnam

Technology

Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

Published

2 hours ago

December 27, 2024

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170 shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691

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

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

View original content:https://www.prnewswire.com/news-releases/stora-enso-oyj-notification-of-change-in-holdings-according-to-chapter-9-section-10-of-the-finnish-securities-markets-act-25-december-2024-302339535.html

SOURCE Stora Enso Oyj

Technology

Truecaller continues strong growth, surpasses 400 million Android users

Published

2 hours ago

December 27, 2024

STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.

“Truecaller’s strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We’re thrilled at achieving this milestone and we look forward to serving the next 400 million Android users,” says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.

The growth in India continues to be strong with a growth of approximately 37 million users in but the relative growth in other parts of the world is stronger with a growth of 20 million users during 2024.

Truecaller will continue to report the average number of monthly and daily users on a quarterly basis in connection with interim reports.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 433 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

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

https://news.cision.com/truecaller-ab/r/truecaller-continues-strong-growth–surpasses-400-million-android-users,c4086573

The following files are available for download:

https://mb.cision.com/Main/20429/4086573/3189667.pdf

400m MAU Android 241227

View original content:https://www.prnewswire.com/news-releases/truecaller-continues-strong-growth-surpasses-400-million-android-users-302339536.html

SOURCE Truecaller AB

Technology

Xinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang

Published

2 hours ago

December 27, 2024

BEIJING, Dec. 27, 2024 /PRNewswire/ — The 2nd Northeast Asia Finance Conference and 2024 “Revitalizing Liaoning with Finance” Excellent Cases Release kicked off on Tuesday in Shenyang, capital of northeast China’s Liaoning Province, aiming to further deepen financial openness and cooperation in the Northeast Asian region and advance construction of a regional financial center.

The main forum held a series of activities, including an opening ceremony, two round-table dialogues on “finance + biomedical industry” and “finance + cultural industry”, a symposium for foreign financial institutions, a seminar on innovative development of financial clusters, a forum on development of technology and finance, a forum on industrial low-carbon transformation and financial innovation, as well as an enterprise project roadshow and industry-finance matchmaking event.

During the conference themed on “accelerating the construction of a regional financial center in Northeast Asia and creating a new highland for opening up”, excellent cases of revitalizing Liaoning through finance in 2024 were unveiled and the index for core areas of regional financial centers in northeast China was released.

The conference also held an unveiling ceremony for the upgrading of the Shenyang finance and trade development zone to a national-level development zone, and a launch ceremony of a platform for Shenyang industrial insights and decision analysis.

The conference was co-hosted by China Economic Information Service, Liaoning Branch of Xinhua News Agency, Shenhe District People’s Government, Shenyang local financial administration under guidance of Shenyang Municipal People’s Government and Liaoning local financial supervision and administration bureau.

Original link: https://en.imsilkroad.com/p/343777.html

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/xinhua-silk-road-conference-on-deepening-financial-openness-and-co-op-in-northeast-asia-held-in-ne-chinas-shenyang-302339540.html

SOURCE Xinhua Silk Road