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Tag: norways
Cargill to acquire Norways fish-feed producer EWOS for 1.35bn
2015-08-18 01:00:00| Food Processing Technology
US-based agricultural and industrial conglomerate Cargill will acquire Norwegian fish-feed producer EWOS for 1.35bn.
Tags: producer
acquire
cargill
norways
Norway's plan to divest massive $900B fund from coal could hit US companies
2015-06-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: Directors of the Norwegian sovereign wealth fund, an investment pool worth more than $900 billion, will sell many of its coal industry holdings, officials said last week. Norway's Parliament voted Friday to ratify the decision, made a week before by the body's finance committee. Parliament ordered the fund to sell stakes in mining and power companies that directly, or indirectly, base 30 percent or more of their revenue or their regular activities on coal. The new screening method will go into...
Norways pension fund to divest from coal
2015-06-08 11:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Norways sovereign wealth fund, the largest in the world, has confirmed it will divest from coal. The move comes after the fund faced increasing pressure from the fossil fuel divestment movement. The $900 billion (590bn) government fund will sell off stocks in companies that generate more than 30% of their output or revenue from coal. Companies with coal projects in development that would see them cross the 30% threshold will also be included in the divestment process. The stakes in the companies...
Tags: fund
pension
coal
divest
Norways Brevik receives initial approval from ABS for gas containment system
2015-06-05 01:00:00| Ship Technology
Norwegian designer Brevik Technology has received approval in principle (AIP) from classification services provider American Bureau of Shipping (ABS) for its new gas containment system concept.
Tags: system
initial
gas
approval
Norway's $900bn sovereign wealth fund told to reduce coal assets
2015-05-28 08:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Norways $900bn sovereign wealth fund, the worlds largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3% of all listed companies globally, should sell stakes in firms that generate more than 30% of their output or revenues from coal-related activities. Already under pressure from Norways political...
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