Sustainable operations
Search documents
An oat campus: Oatly invests $16 million in its Swedish production plant to support growing global demand
Globenewswire· 2026-03-05 12:00
Core Viewpoint - Oatly Group AB is investing in its Landskrona production facility to enhance production capacity by over 33% in response to rising global demand for plant-based drinks [1][3]. Company Overview - Oatly is the world's first and largest oat drink company, focusing exclusively on oat-based products for over 30 years [9]. - The company operates the Landskrona plant, which currently employs over 300 people and has a production capacity of 150 million liters per year, set to increase to 200 million liters [3][4]. Investment and Expansion - The multi-year investment aims to upgrade the Landskrona facility, with construction expected to begin in March 2026 and complete by March 2027 [8]. - The investment is part of Oatly's expected capital expenditures for 2026, following profitable growth reported in the fourth quarter and full year of 2025 [7][8]. Market Demand and Performance - European demand for plant-based drinks has increased by 6% over the last 12 months, with Oatly experiencing double-digit growth in the same period [4]. - The Out-of-Home and food service channels have surged more than 20%, driven by Oatly's innovative product offerings [4]. Sustainability and Sourcing - The Landskrona facility will source more oats from Swedish farmers post-refurbishment, with exports currently accounting for 70% of the facility's production volume [6]. - The project is expected to reduce the company's total corporate climate impact in 2026 and 2027, leveraging 100% renewable energy and improved efficiencies [3][6].
TEN Ltd. Featured in TIME Magazine Europe
Globenewswire· 2026-01-09 15:00
Core Insights - TEN Ltd. is recognized in TIME Magazine Europe for its role in the shipping industry's transition towards sustainable operations through AI and technology [1] Company Overview - TEN Ltd. was founded in 1993 and has been a public company for 32 years, making it one of the first and most established public shipping companies globally [3] - The company operates a diversified energy fleet consisting of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, and two scrubber-fitted MR product tankers, with five scrubber-fitted LR1 tankers under construction, totaling approximately 11 million deadweight tonnage (dwt) [3] Operational Focus - The company emphasizes operational discipline, modernization, and efficiency improvements, alongside a commitment to environmental performance [2] - TEN Ltd. invests in seamanship and maritime training, including a naval academy and crew development initiatives [2]
TEN Ltd. Featured in TIME Magazine Europe
Globenewswire· 2026-01-09 15:00
Core Insights - TEN Ltd. is highlighted in TIME Magazine Europe for its role in the shipping industry's transition towards sustainable operations through AI and technology [1] Company Overview - TEN Ltd. was founded in 1993 and has been a public company for 32 years, making it one of the first and most established public shipping companies globally [3] - The company operates a diversified energy fleet consisting of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, and two scrubber-fitted MR product tankers, with five scrubber-fitted LR1 tankers under construction, totaling approximately 11 million deadweight tonnage (dwt) [3] Operational Focus - The company emphasizes operational discipline, modernization, and efficiency improvements, alongside a commitment to environmental performance [2] - TEN places significant importance on seamanship and maritime training, which includes its naval academy and investments in crew development [2]