November 5, 2020
DAILY BRIEF: Creative education, bioeconomy, maritime, cargo handling and digital city planning
Arkki teaches creative skills to children and youth through architecture.
All the daily Finnish business news that works: RETEX Panels, Neste, Wärtsilä, Kalmar, Arkki International and the City of Helsinki make headlines.
RETEX Panels launches in Finland, Neste continues to scale its renewables business, Wärtsilä is involved in several maritime projects, Arkki is recognised for its creative education, and Helsinki wins an urban development award.
RETEX Panels, a specialist in recycled textile waste innovation, is launching operations and building a factory in Hyvinkää, Finland. The company looks to disrupt the construction industry and building materials market with new technologies that turn textile waste into value-added products, such as ecological panels and paving tiles. It also intends to build a larger circular economy ecosystem around the factory that would include large-scale textile waste collection, waste management and R&D. The Estonian founder of RETEX, Toomas Allikas, decided to establish the company in Finland after close collaboration with Helsinki Business Hub, Business Finland and VTT Technical Research Centre of Finland.
Riku Pihlanto / Helsinki Business Hub
Neste and LG Chem, South Korea’s largest petrochemicals company, are building a strategic partnership that will see the latter start replacing fossil feedstock in polymers and chemicals manufacturing with Neste’s renewable hydrocarbons in the coming months. The collaboration will enable LG Chem to offer biopolymers and biochemicals to clients such as manufacturers of packaging, hygiene products and electronics. Neste is also acquiring Bunge Loders Croklaan’s refinery plant in Rotterdam, the Netherlands, for 258 million euros. The plant is located next to Neste’s existing biorefinery and will increase the Finnish company’s raw material pretreatment capacity for the production of renewable products.
Finnish technology group Wärtsilä has provided pioneering liquefied petroleum gas (LPG) supply systems to BW Gemini, the world’s first very large gas carrier (VLGC) vessel to run on alternative LPG fuel. The sea sea trials are currently underway. Wärtsilä has also been awarded a five-year optimised maintenance agreement for the main engines of two ultra-modern LNG carriers managed by Greece-based Thenamaris LNG. Finally, Wärtsilä is continuing its close collaboration with Fincantieri by supplying a broad range of solutions to be installed in a number of cruise ships currently being built by the Italian shipbuilder.
Kalmar, part of Cargotec, will supply 10 fully automated straddle carriers to Patrick Terminals, Australia’s leading container terminal operator. The company operates some of Australia’s most technologically advanced terminals at four ports in Brisbane, Sydney, Melbourne and Perth. The new carriers are part of Patrick Terminals’ fleet renewal programme and will join its existing fleet of 130 Kalmar straddle carriers at the terminals.
Finland-based Arkki International has received two recognitions for its creative education and its innovative approach and impact in education. Creative Education by Arkki International was selected by The LEGO Foundation and global non-profit HundrED as one of the 20 leading innovations fostering creativity in education, as part of the The Spotlight on Creativity research project. Creative Education for Future Innovators by Arkki International was also chosen for HundrED’s annual Global Collection, which highlights 100 of the most impactful innovations in K-12 education from around the world.
The City of Helsinki has been awarded for its use of a digital city model in urban development at the Year in Infrastructure 2020 conference. Read more about the award and the emerging digital twin concept in our article by clicking the headline.
City of Helsinki
Good News from Finland is published by Finnfacts, which is part of Business Finland.
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