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X @Forbes
Forbes· 2025-10-13 19:10
AERA is a new kind of sustainable superyacht that uses an easy-to-operate fixed wing to provide significant sustainable propulsion. https://t.co/joSGLbyrAs (Photo: Royal Huisman) https://t.co/hfNFZp28nU ...
LW Expands Global Footprint With New Argentina Production Facility
ZACKS· 2025-10-08 15:35
Core Insights - Lamb Weston Holdings, Inc. is advancing its international expansion strategy with a new manufacturing facility in Mar del Plata, Argentina, aimed at meeting the growing demand for frozen potato products in Latin America, especially Brazil and other export-driven markets [1][4] Group 1: Facility Details - The new facility spans 40,000 square meters and has the capacity to process up to 200 million pounds of potatoes annually, producing over 100 varieties of frozen potato products [2] - Approximately 80% of the facility's output is expected to serve export markets, utilizing Mar del Plata's port for efficient distribution [2][8] - The investment is anticipated to create new employment opportunities and contribute to regional development through Lamb Weston's supply network [2] Group 2: Sustainability and Local Partnerships - The facility will collaborate with local suppliers to secure high-quality raw materials and incorporates modern, energy-efficient technology to minimize waste and reduce environmental impact [3] - This project aligns with the company's broader sustainability objectives [3] Group 3: Strategic Implications - The Argentina project reinforces Lamb Weston's strategy to localize operations in high-growth markets while maintaining its leadership in the global frozen potato category [4] - The expansion is expected to enhance regional logistics, improve profitability through cost efficiencies, and strengthen the company's competitive position in Latin America's foodservice sector [4] Group 4: Growth Strategy - Lamb Weston is implementing its Focus to Win strategy to drive profitable growth and deliver long-term shareholder value, emphasizing customer partnerships, executional excellence, innovation, and prioritizing key global markets [5] - The company aims to achieve at least $250 million in annualized run rate savings by the end of fiscal 2028 through a Cost Savings Program [5] Group 5: Market Performance - In the first quarter of fiscal 2026, Lamb Weston experienced a 6% increase in volume, driven by customer wins in North America and Asia, indicating continued market momentum [6] - The stock has risen 10.8% in the past month, contrasting with a 2% decline in the industry [9]
Cabot Corporation Strengthens Manufacturing Capabilities in North America for Circular Reinforcing Carbons Powered by its EVOLVE® Sustainable Solutions Technology Platform
Globenewswire· 2025-10-07 13:00
Core Insights - Cabot Corporation has enhanced its manufacturing capabilities in North America for circular reinforcing carbons, joining its sites in Brazil and the Czech Republic as certified production locations [1][3] - The company has expanded its global network of ISCC PLUS certified sites to 14, supporting its commitment to sustainable solutions and a circular economy [1][3] Company Developments - The new manufacturing site in Ville Platte, Louisiana, utilizes tire pyrolysis oil (TPO) from end-of-life tires, employing an ISCC PLUS mass balance approach [1][2] - Cabot's circular reinforcing carbons serve as a drop-in replacement for traditional carbon black, allowing tire manufacturers to increase sustainable material usage without sacrificing performance [2][3] Industry Context - Tire manufacturers globally aim for 40% sustainable material usage by 2030 and 100% by 2050, driving demand for circular solutions like Cabot's TPO-based products [2] - Cabot's "make-in-region, sell-in-region" strategy enhances supply chain efficiency and reduces transportation-related emissions, aligning with industry sustainability goals [2][3] Certification and Sustainability - The ISCC certification system ensures compliance with ecological and social requirements, greenhouse gas emissions savings, and traceability, facilitating the use of recycled materials [4] - Cabot's commitment to circularity and traceability is reflected in its expansion of ISCC PLUS certified sites, which now include 12 supporting its reinforcing carbon portfolio across multiple regions [3][4]
X @Bloomberg
Bloomberg· 2025-10-03 16:03
RT Bloomberg Live (@BloombergLive)In the 10 years since the Paris Agreement, and the breakthroughs and setbacks it has faced, the time for action is now. On 11/4, @BloombergLive gathers global leaders in São Paulo to unpack the critical discussions at #COP30 and what they mean for the future of sustainability.🌎 https://t.co/Vz5KSv79nI ...
AI worries have climbed but demand is off the charts, says Bernstein's Rasgon
CNBC Television· 2025-10-02 17:53
Joining us now, Stacy Rasin, managing director and senior US semiconductors analyst at Bernstein. Stacy, great to have you. Broadcom and Nvidia.Uh, you know, sky's is the limit here. I mean, at what point do you start getting worried. Yeah, you know, the the worry that people would have on all these is that the music stops.like the numbers have gotten so big so quickly that I I mean you worry about sustainability and that that's always been the big concern but I think a lot of the things that we've seen ove ...
X @Forbes
Forbes· 2025-10-01 19:47
Remembering Dr. Jane Goodall, DBEAt the #ForbesSustainabilityLeaders Summit last week, Forbes' Maggie McGrath spoke to Dr. Jane Goodall, DBE and the legendary founder of the Jane Goodall Institute, about why she said that biodiversity and climate resilience should be at the center of all economic conversations and her advice to the world’s founders and CEOs who wish to make climate protection part of their work but feel stymied by their board, their shareholders, or the political climate. https://t.co/zFmbs ...
X @Forbes
Forbes· 2025-10-01 19:35
The Swedish carmaker isn’t a giant by sales, but Chief Sustainability Officer Vanessa Butani wants it to be a circular business leader with aggressive reuse of metals, batteries and other materials and climate-neutral auto-assembly plants.Read more: https://t.co/b6T808fPRp https://t.co/J4Luz4UWqe ...
X @Bloomberg
Bloomberg· 2025-10-01 08:18
"There is definitely a roll back, there is definitely a push back in terms of focusing on sustainability and ESG and also diversity and inclusion within the boardroom and across organizations."Professor Miranda Brawn, President and CEO of the Miranda Brawn Diversity Leadership Foundation and portfolio Board Member at Schroders and Cazenove Capital speaking to Bloomberg Radio ahead of today's Women, Money, Power conference in London.#BBGWomenMoneyPower ...
X @Forbes
Forbes· 2025-09-29 17:02
“A lot of the time things that are sustainable are more efficient or optimized.”Katherine Sizov, Strella founder and CEO, spoke about why sustainability is a good business model at the 2025 Forbes #Under30Summit in Ohio.Read more: https://t.co/VdQ1pJgG95 https://t.co/2kYgm3Ud69 ...
Artistic Milliners Acquires Cone Denim
Yahoo Finance· 2025-09-18 13:31
Core Insights - Artistic Milliners, a Pakistan-based denim manufacturer, has acquired a majority stake in Cone Denim, a U.S.-based denim mill, from Elevate Textiles, creating a multinational company under the Cone Denim name [1][2] - The acquisition is expected to close in the first quarter of 2026, with Cone Denim continuing to operate its existing facilities in Mexico and China independently [1][4] Group 1 - The new organization will leverage the combined infrastructure and expertise of both companies to enhance customer service and supply chain flexibility [2][7] - Cone Denim will provide fully vertical, end-to-end solutions, from premium denim fabric to finished garments, operating a global platform [3][5] - The leadership of Cone Denim will remain intact, with Steve Maggard continuing as president and reporting to a new Board of Directors [6] Group 2 - The collaboration aims to enhance Cone Denim's competitive strengths while preserving its unique identity and legacy of over 130 years [5][7] - Both companies share a commitment to innovation, traceability, and sustainability, positioning them as responsible and ethical manufacturers in the global market [7]