Şişecam’s latest product development for the "CareforNext" sustainability strategy is Turkey's lightest mineral water bottle. The environmentally friendly bottle is specially designed to be lightweight compared to other bottles on the market. Production of this innovative product requires less energy and raw materials while reducing carbon dioxide emissions related to manufacturing and transportation.

The 110g water bottle creates 15% less production-based carbon dioxide compared to a 130g standard mineral water bottle. Cost-benefits are gained by reducing the number of trucks needed for transport, an approximate 14% decrease is projected in carbon emissions per kilometre.

Brij Mohan Labroo, Chairman of Asahi India Glass Ltd (AIS), sadly passed away on 7 Nov 2022.

Mr Labroo was the founder promoter of AIS and had been on the board of the company since 1985. He was 92 years old and recently faced some age-related health issues.

AIS is India’s leading integrated glass and windows solutions company and a dominant player both in the automotive and the building and construction segments.

The All India Glass Manufacturers' Federation has expressed sincere condolences to the Labroo family and employees of AIS for this irreplaceable loss and has invited members to send condolences to: sanjay.labroo@aisglass.com 

www.aisglass.com

Ardagh and Absolut Vodka’s latest collaboration will enable the global spirits brand to become the first to move to a partly hydrogen-fired glass furnace for large-scale production, in a significant step to reduce the CO2 emissions from making its iconic bottles. The hydrogen initiative is an important milestone for Absolut in becoming completely CO2 neutral by 2030.

The Limmared glass production facility in Sweden has been a partner with Absolut for 40 years and currently uses a combination of natural gas and electricity to power its furnaces. From the second half of 2023, Ardagh will launch a pilot blending 20% in green hydrogen to manufacture all of Absolut's bottles across its portfolio. The hydrogen will be produced onsite by using renewably sourced electricity.

Israeli climate-tech company Airovation Technologies has signed a Memorandum of Understanding with Phoenicia to transform the Israeli company’s glass production process into a carbon-friendly operation.

Shaped over a decade of research at the Hebrew University of Jerusalem, Airovation Technologies’ core innovation is the in-situ generation of Superoxide Radical, the most powerful oxidiser in nature. In the carbon capture, utilisation and storage (CCUS) sector, the patented chemical invention is able to transform carbon dioxide emissions into valuable minerals and products that can be used in the food, feed, glass and fertiliser industries.

O-I Glass has named Meena Dafesh Vice President and Global Treasurer for the company, managing the company’s worldwide financial assets. She will be responsible for O-I’s global treasury function which includes planning and executing capital market transactions, managing liquidity for the company’s global operations, developing and maintaining global banking and bondholder relationships, managing foreign currency and interest rate risk, establishing capital allocation priorities, and more.

Şişecam has used a new syndicated loan of €240 million to refinance the €175 million loan the Company used in 2019. The three year new syndicated loan is used from nine banks under the leadership of Bank of America and BNP Paribas. The debt rollover ratio of the new syndicated loan is 137 percent. The transaction once again revealed the trust of international financial institutions towards Şişecam at a time when global fluctuations are quite high.

Corning is collaborating with Wesco International and Nokia to help accelerate and simplify last-mile broadband deployment in rural and regional networks. Wesco will be the first distributor to launch a new fibre-to-the-home kit featuring Corning's award-winning FlexNAP components.

The Corning solution, with its passive optical components, complements the active components in Nokia's Network in a Box solution, announced in June and distributed through Wesco. By stocking both, Wesco now offers components, software and services for last-mile networks reaching up to 1,000 homes.

Stone wool insulation manufacturing processes use natural gas to input and maintain heat in combustion systems and curing ovens. Rockwool UK is to investigate the design and costs associated with conversion of up to 7MW of natural gas heaters to be fuelled with green hydrogen, including electrolytic hydrogen production from local wind and solar renewable power in Bridgend, to support demonstration of end to end industrial fuel switching to hydrogen. The insulation giant is joining forces with Marubeni Europower and Mott MacDonald to develop a potential end-to-end hydrogen solution at its South Wales plant in Bridgend.

Pierre-Henri Desportes has been appointed Chairman of Verallia France. In this capacity, he becomes a member of the Executive Committee and reports directly to Patrice Lucas, the Group’s CEO.

“I am delighted to welcome Pierre-Henri as Chairman of Verallia France. His industrial expertise, his commitment, his passion for our businesses and for operational excellence will enable us to pursue the ambitious roadmap that the Group has set for itself in France. I wish him every success in his new position,” said Patrice Lucas, CEO of Verallia Group.