Mes: febrero 2021

Use the Nutrition Facts Label to Make Heart-Healthy Food Choices

SILVER SPRING, Md., Feb. 16, 2021 /PRNewswire/ — Did you know that February is American Heart Month? According to the Centers for Disease Control and Prevention (CDC), heart disease is the leading cause of death in the United States. The U.S. Food…

SILVER SPRING, Md., Feb. 16, 2021 /PRNewswire/ — Did you know that February is American Heart Month? According to the Centers for Disease Control and Prevention (CDC), heart disease is the leading cause of death in the United States. The U.S. Food and Drug Administration’s updated Nutrition Facts label is a tool that can help you make heart-healthy food choices.

  • Servings Per Container shows the total number of servings in the entire food package or container. It is common for one package of food to contain more than one serving.
  • Serving Size is based on the amount of food that is customarily eaten at one time and is not a recommendation of how much to eat.
  • Calories refers to the total number of calories in a serving of the food.
  • % Daily Value (%DV) shows how much of a nutrient in a serving of the food contributes to a total daily diet.
  • Nutrients: the Nutrition Facts label can help you learn about, compare, and monitor the nutrients in many foods in your diet.
    • Nutrients to get less of: saturated fat, sodium, and added sugars.
    • Nutrients to get more of: dietary fiber, vitamin D, calcium, iron, and potassium.

Here’s how you can use the Nutrition Facts label to help you make healthy food choices, and reduce your risk of developing high blood pressure and heart disease:

  • Check the serving size and the number of servings you eat or drink to determine how much of a nutrient you are consuming.
  • Know your calorie needs. 2,000 calories a day is used as a general guide for nutrition advice. Learn your number at https://www.myplate.gov/myplate-plan.
  • Use %DV to determine if a serving of the food is high or low in an individual nutrient and to compare food products (remember to make sure the serving size is the same). As a general guide:
    • 5% DV or less of a nutrient per serving is considered low.
    • 20% DV or more of a nutrient per serving is considered high.
  • Limit sodium in your diet to less than 2,300 mg per day.
  • Limit saturated fat in your diet to less than 10% of calories per day (e.g. 20 grams per day based on a 2,000 calorie daily diet).
  • Limit calories from added sugars to less than 10% of total calories per day (e.g. 200 calories or 50 grams per day of added sugars based on a 2,000 calorie daily diet).
  • Consume a diet rich in dietary fiber and vitamins and minerals, especially vitamin D, calcium, iron, and potassium, by choosing a variety of foods that are good sources of these nutrients since many people do not get the recommended amounts.

Visit the Nutrition Facts label Online for an interactive way to learn about the label: https://www.accessdata.fda.gov/scripts/InteractiveNutritionFactsLabel/

For more information on how to use the Nutrition Facts label to make informed food choices, visit www.fda.gov/nutritioneducation

Contact: Media: 1-301-796-4540 Consumers: 1-888-SAFEFOOD (toll-free)

 

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SOURCE U.S. Food and Drug Administration

Heritage Sustainability Investments, LLC Purchases Stake in ClimeCo

BOYERTOWN, Pa., Feb. 16, 2021 /PRNewswire/ — ClimeCo LLC (ClimeCo) is pleased to announce that Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group (collectively, Heritage), has purchased a minority stake in ClimeCo. This alliance allows ClimeCo to expand its staffing and project investments…

BOYERTOWN, Pa., Feb. 16, 2021 /PRNewswire/ — ClimeCo LLC (ClimeCo) is pleased to announce that Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group (collectively, Heritage), has purchased a minority stake in ClimeCo. This alliance allows ClimeCo to expand its staffing and project investments to assist companies focused on implementing solutions that meet their sustainability goals. With its comprehensive resources, ClimeCo is firmly positioned to handle market challenges, including rapid changes to climate policy, the formation of new carbon markets and exchanges around the world, and increasing pressure for organizations to improve ESG disclosure transparency.

ClimeCo is a leader in the management and development of environmental commodities. We combine unrivaled commodity market expertise with engineering and environmental assessment, permitting and transaction structuring to help clients maximize their environmental assets and minimize their regulatory costs. (PRNewsfoto/ClimeCo)

«The synergies are endless,» said Bill Flederbach, President & CEO of ClimeCo. «It is clear that our two firms can create incremental value together.  I am proud to have Heritage as an investor in ClimeCo! This alliance allows us to enter 2021 with a great partner, a strong balance sheet, and fresh investment capital as we continue to lead in sustainability and the low carbon economy.»

ClimeCo’s relationship with Heritage began in 2015, as part of a California Compliance Offset project to destroy refrigerants and generate carbon offsets that qualify under the California Assembly Bill 32 cap-and-trade program.  Over the years, this working partnership between ClimeCo and Heritage has evolved into an alliance focused on new greenhouse gas opportunities (GHG) and sustainability markets. 

«We have been engaged with the ClimeCo team for years, and when an opportunity was presented to support further growth, we were excited to invest in Bill and his team,» said Chad Peterson, President of Heritage Sustainability Investments. «We believe this investment will not only help grow Climeco but also provide a unique opportunity to service Heritage customers who are focused on improving their overall carbon-related goals.»

Heritage’s investment in ClimeCo supports its commitment to be a leader in environmental sustainability, a core tenant to Heritage’s environmental service offering.  Heritage recognizes that combining its leadership in holistic waste management and beneficial reuse with ClimeCo’s expertise in climate change policy, sustainability program development, and emission reduction project implementation, provides a unique, turnkey service offering to the market.   

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, voluntary markets, sustainability, and project development and financing of GHG abatement and mitigation systems. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, info@climeco.com, or through our website, climeco.com.

About The Heritage Group

Founded in 1930, The Heritage Group (THG) is a fourth-generation family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. With more than 5,000 employees and 30 operating companies worldwide, THG aims to create a safer, more enriching and sustainable world by harnessing the power of family. 

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SOURCE ClimeCo LLC

Fill it Forward Selected as a Winner of Innovation-Driven Beyond the Bag Challenge

GUELPH, ON, Feb. 16, 2021 /PRNewswire/ — Fill it Forward (FiF), a company inspiring the world to reuse through its interactive technologies, global giving initiatives, and sustainable products, is thrilled to announce that they have been selected as a winner of the Beyond the Bag Challenge. This open competition led by the Consortium to Reinvent the Retail Bag, a collaboration convened by the Center for the Circular Economy at Closed Loop Partners in partnership with leading retailers in <span…

GUELPH, ON, Feb. 16, 2021 /PRNewswire/ — Fill it Forward (FiF), a company inspiring the world to reuse through its interactive technologies, global giving initiatives, and sustainable products, is thrilled to announce that they have been selected as a winner of the Beyond the Bag Challenge. This open competition led by the Consortium to Reinvent the Retail Bag, a collaboration convened by the Center for the Circular Economy at Closed Loop Partners in partnership with leading retailers in the United States, global design firm IDEO and others, focused on innovations to reduce or eliminate the single-use plastic retail bag.

«We at Fill it Forward are incredibly proud and excited to be chosen as a winner of the Beyond the Bag Challenge,» said Matt Wittek, CEO and Founder of the Fill it Forward Company. «This acknowledgment and collaborative opportunity with all involved provides a unique platform to drive positive and innovation-driven sustainable practices. We’re honored to be involved and have the opportunity to bring our solutions to this widespread effort.»

The Center for the Circular Economy at Closed Loop Partners convenes competitors to solve material challenges and advance the circular economy. In August 2020, this organization launched the Beyond the Bag Challenge in partnership with IDEO. Companies from across the globe were invited to submit their ideas to reinvent the retail bag. After a period of review and selection with participating Consortium Partners, 455 submissions were narrowed down to 58 shortlisted ideas. During the Final Review Phase, a cohort of Judges, the Consortium Founding Partners, Sector Lead Partners, Environmental Advisory Partners, and Closed Loop Partners conducted a final evaluation of these 58 concepts and ultimately selected a group of nine winning submissions, one being Fill it Forward.

Consistent with existing company efforts and products, Fill it Forward’s winning submission drives engagement and usability of bags already in circulation. The app-based technology will allow shoppers to scan a Fill it Forward tag attached to their reusable bag to track their environmental impact, earn rewards, and give back by contributing to meaningful charitable projects. As part of the win, Fill it Forward has also been accepted into the Circular Accelerator program to receive further assistance in scaling their solutions.

For more information on Fill it Forward, their app-based tracking and giving model, or their Beyond the Bag Initiative participation, please visit www.fillitforward.com.

About the Fill it Forward Company

The Fill it Forward Company is inspiring people to reuse. Through interactive technologies, global giving initiatives, and reusable products, it educates and empowers people to make environmentally and socially responsible choices. We are amplifying the impact of reuse to help people and the planet.

About the Center for the Circular Economy at Closed Loop Partners 

The Center for the Circular Economy at Closed Loop Partners convenes competitors to solve material challenges and advance the circular economy. Its first initiative, the NextGen Consortium, united leading food and beverage companies to identify and commercialize a widely recyclable, compostable and/or reusable cup. Twelve winning cup solutions were selected and the Consortium is supporting the testing and piloting of these new solutions to accelerate their path to scale. Now, in partnership with leading retailers in the United States, the focus is on the single-use plastic retail bag, a challenge and opportunity that is top-of-mind for communities and consumers concerned about the impact of single-use plastics on our environment. Learn more about the Center’s work here.

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SOURCE Fill it Forward

Porsche Design presents chronograph exclusively available for 911 GT3 owners

STUTTGART, Germany, Feb. 16, 2021 /PRNewswire/ — The Porsche 911 GT3 stands for everything that defines a genuine sports car:
the hunt to shave hundredths of a second off lap times, the fight to cut one gram of weight, the sensation of pure adrenaline. Porsche Design has transferred the thrill of high-performance racing into a distinctive chronograph exclusively available to buyers of the new 911 GT3: the Porsche Design Chronograph 911 GT3.

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STUTTGART, Germany, Feb. 16, 2021 /PRNewswire/ — The Porsche 911 GT3 stands for everything that defines a genuine sports car:
the hunt to shave hundredths of a second off lap times, the fight to cut one gram of weight, the sensation of pure adrenaline. Porsche Design has transferred the thrill of high-performance racing into a distinctive chronograph exclusively available to buyers of the new 911 GT3: the Porsche Design Chronograph 911 GT3.

Racing design, right down to the smallest detail
Like its motorized role model, the new Porsche Design Chronograph 911 GT3 exudes inspiration with its ornate design, consistent performance, and exquisite craftsmanship. The close connection between timepiece and sports car is unmistakable at first glance. The principal design features, material selection, and performance characteristics of the 911 GT3 have shaped both the conceptualization and the making of the chronograph. The high-tech titanium used for the case of the timepiece is derived from the lightweight principle in engine design, while the color and material choices were inspired by the vehicle’s equipment options. 

The Porsche Design Chronograph 911 GT3 is available in two versions: a sporty version with an applied dial color ring in eye-catching Shark Blue, and a purist version with a color ring in black. As usual for Porsche Design timepieces, both of these models stand out due to their superb readability: just like in the cockpit, the hands and numbers in white and yellow on a black background immediately catch the eye. The strap of the chronograph is made of genuine Porsche vehicle leather with «GT3» debossing and includes stitching in contrasting colors – Shark Blue or GT Silver, depending on the version. Thanks to Porsche Design’s innovative quick-change system, the strap – which comes in sizes medium and large – can be replaced easily and conveniently without the need for additional tools.

Precision meets performance
While not immediately evident, the timepiece’s movement is likewise derived from motorsport. The Porsche Design caliber WERK 01.200 with flyback function combines starting, stopping, and zeroing in a single operation, making the 911 GT3 Chronograph the perfect racetrack companion. It is COSC-certified – a distinction awarded only to the most accurate of watches. The movement is powered by a custom winding rotor recreated from the design of the Porsche 911 GT3 wheels. The GT3 wheel rotor is available in six colors analogous to those available for the vehicle configuration, exclusively for this chronograph and only for 911 GT3 owners. Each rotor is completed with a sporty miniaturized center lock featuring a silver GT3 logo. The casing is also directly linked to high-performance motorsport and is made of highly resistant, lightweight, and hypoallergenic titanium – just like the connecting rods in the Porsche 911 GT3 engine. High-tech components like these are usually only used in the most advanced racing motors. 

Inspired by the 911 GT3, customized by the driver
A Porsche 911 GT3 is as individual as the person driving it. That’s why even more customization options are offered in the markets where the new Porsche Design custom-built Timepieces Program is currently available – Germany, the United Kingdom, and the United States. With the Porsche Design timepiece configurator, owners of the 911 GT3 can personalize and adapt additional details on the watch to perfectly match their dream sports car.

There are two color options for the case – natural titanium or black-coated titanium – as well as bezels featuring a sporty tachometer or classic minute scale. The dial ring can be customized within the GT3 color spectrum. The black Porsche sports car leather strap features «GT3» debossing and is adorned with contrasting stitches made from Porsche vehicle thread in four colors. For the first time, the all-new color Shark Blue is also available. Alternatively, the band is available without embossing, in various colors of leather as well as in titanium. All of the options selected, and the price for the respective configuration, are displayed in real time. Upon completion of the configuration, the customer receives an individual code that can be used to order the personalized timepiece at their local authorized Porsche dealer.

The Porsche Design Chronograph 911 GT3 will be available for owners of the new Porsche 911 GT3 in spring 2021 starting at $8,050 (RRP), and delivery takes eight to twelve weeks. More information about the Porsche Design Chronograph 911 GT3 and the ordering process can be found at www.porsche-design.com/911GT3

About Porsche Design:
In 1963, Professor Ferdinand Alexander Porsche created one of the most iconic design objects in contemporary history: the Porsche 911. Following his vision to take the principles and myth of Porsche beyond the automotive world, he created the exclusive lifestyle brand Porsche Design in 1972.  His philosophy and design language can still be seen in all Porsche Design products today. Every Porsche Design product stands for extraordinary precision and perfection, boasts a high level of technological innovation, and seamlessly combines intelligent functionality and puristic design. Created by Studio F. A. Porsche in Austria, our products are sold worldwide in over 130 Porsche Design stores, high-end department stores, exclusive specialist retailers and online at www.porsche-design.com.

Further information available at www.porsche-design.com

Follow us on:

Facebook:www.facebook.com/PorscheDesign
Instagram:www.instagram.com/PorscheDesign
Twitter: www.twitter.com/PorscheDesign

Press contact:
Porsche Design of America
Vicky Van Guyse
Marketing & PR Specialist
Tel.:  404-731-5677
E-Mail: victoria.vanguyse@porsche-design.us

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SOURCE Porsche Design

EW GROUP announces the acquisition of Hygiena from Warburg Pincus to form a leading food safety, veterinary and environmental diagnostic solutions company

VISBEK, Germany and CAMARILLO, Calif., Feb. 16, 2021 /PRNewswire/ — EW GROUP, a German strategic holding company in the field of animal breeding, health, nutrition and diagnostics, announced today the acquisition of Hygiena, a leader in food safety and environmental testing solutions. The terms of the transaction have not been disclosed. The transaction is expected to close in March 2021.

Hygiena, headquartered in <span…

VISBEK, Germany and CAMARILLO, Calif., Feb. 16, 2021 /PRNewswire/ — EW GROUP, a German strategic holding company in the field of animal breeding, health, nutrition and diagnostics, announced today the acquisition of Hygiena, a leader in food safety and environmental testing solutions. The terms of the transaction have not been disclosed. The transaction is expected to close in March 2021.

Hygiena, headquartered in Camarillo, California, USA, with 9 locations around the world, develops, manufactures and distributes food safety and environmental diagnostic solutions. The products are sold in over 100 countries to more than 10,000 customers. For two decades, Hygiena has been committed to providing accurate and easy-to-use-diagnostic tests, supported by the most knowledgeable technical service teams in the industry.

«We have always been committed to providing the best-in-class diagnostics and customer support around the world. This new partnership with EW GROUP will accelerate our growth, enhance our global capabilities, and expand our portfolio of products for our customers,» said Steven Nason, CEO of Hygiena. «I couldn’t have imagined a better outcome for Hygiena and our Hygiena team. We are so excited to continue our mission within EW GROUP and look forward to joining forces with the BioChek and Biotecon teams. Warburg Pincus has been an amazing partner in our journey over the past four and a half years. I would like to thank them for their close partnership, invaluable contribution and strategic insight.»

The newly formed group of companies, under the Hygiena umbrella, will include BioChek, a global veterinary diagnostic company, as well as Biotecon, an innovator in PCR, GMO, ID and environmental diagnostics. Both companies are subsidiaries of the EW GROUP, expanding Hygiena’s food safety portfolio with attractive molecular diagnostic capabilities, sample preparation as well as the veterinary diagnostic field.

«We are extremely excited about welcoming Hygiena to EW GROUP. Due to the outstanding leadership of Steve Nason and his team, Hygiena has become a leading player in the food and environmental testing space,» commented Jan and Dirk Wesjohann, both Managing Directors at EW GROUP. «We are convinced that the combination of Hygiena with our existing diagnostic activities will create a basis for substantial future growth.»

Thomas Struckmeyer, CEO of BioChek and Biotecon, is also enthusiastic: «With this acquisition and through the synergetic combination with our existing diagnostics businesses, we will create a leading player in food and veterinary diagnostics, providing a true ‘One Health’ approach from ‘Farm to Fork’ to the benefit of our global customer base.»

As part of the partnership, EW GROUP and Hygiena are committed, based on the EW GROUP principles, to invest in new technologies, R&D and international structures. Technical expertise will be leveraged amongst the companies to develop new products in diagnostics, accelerate development and further improve data interpretation and management software capabilities.

«We are excited for Hygiena’s next chapter of growth and know that they will continue to thrive in combination with EW GROUP, a partner that shares the same values, ensures a positive future for the entire Hygiena team and lays the foundation for an excellent outlook for future business development,» adds Stephanie Geveda, Managing Director, Head of Business Services, Warburg Pincus.

Houlihan Lokey and Citi served as financial advisors and Cleary Gottlieb Steen & Hamilton LLP served as legal advisor to Hygiena. Sidley Austin LLP and Moulton | Moore | Stella LLP acted as legal counsel for EW GROUP.

About Hygiena
Hygiena is a leader in rapid diagnostic solutions in the food & beverage, healthcare, pharmaceutical, water and other hygiene-focused end-markets. Our mission is focused on protecting people and products by delivering technologies that promote hygiene, sanitation and product safety. For more information, please visit hygiena.com.

About EW GROUP
EW GROUP is a strategic holding company based in Germany. The activities of EW GROUP are comprised of the business areas of poultry and aqua breeding, as well as animal health, nutrition and diagnostics (BioChek & Biotecon). EW GROUP operates 165 subsidiaries in 45 countries worldwide, employing over 15,000 team members. For more information about EW GROUP’s diagnostic business, please visit biochek.com and bc-diagnostics.com.

About Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $58 billion in private equity assets under management. The firm’s active portfolio of more than 195 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $89 billion in over 920 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com.

Contact
Richard Williams, Hygiena
rwilliams@hygiena.com

 

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SOURCE Hygiena

Multiple Trump Hotels Properties Recognized by Forbes Travel Guide for Genuine Service and Health Security

NEW YORK, Feb. 16, 2021 /PRNewswire/ — Trump Hotels is proud to announce that seven of its properties are among the first hotels and resorts in the world to become Sharecare Health Security VERIFIED® with Forbes Travel Guide, while the Forbes Travel Guide’s 2021 Star Awards reflect that all Trump hotels and spas will retain their 2020 ratings.

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NEW YORK, Feb. 16, 2021 /PRNewswire/ — Trump Hotels is proud to announce that seven of its properties are among the first hotels and resorts in the world to become Sharecare Health Security VERIFIED® with Forbes Travel Guide, while the Forbes Travel Guide’s 2021 Star Awards reflect that all Trump hotels and spas will retain their 2020 ratings.

The new verification ensures that guests and travel planners can book with confidence at properties with expert-validated best practices in place that minimize the risk and impact of COVID-19 and potential future public health events. The following hotels and resorts have earned the distinction, which recognizes just under 200 hotels globally:

  • Trump International Hotel & Tower® Chicago
  • Trump International Hotel & Tower® New York
  • Trump® International Hotel Waikiki
  • Trump® International Hotel Washington, D.C.
  • Trump® National Doral Miami
  • Trump International Golf Links® & Hotel Doonbeg Ireland
  • Trump Turnberry®, A Luxury Collection Resort Scotland

«During this unprecedented time, we are incredibly proud to be among the first in the world recognized for the exacting standards and outstanding health and safety measures our teams have implemented at these properties,» said Eric Danziger, CEO of Trump Hotels. «It is invaluable to us as a top luxury hotel brand that our guests feel comfortable and confident when then choose to stay with us.»

Forbes Travel Guide’s 2021 Star Awards were also announced on Feb. 16, recognizing eight Trump properties and spas, including:

  • Trump International Hotel & Tower® New York (5 Star)
  • Trump® International Hotel Waikiki (5 Star)
  • Trump® International Hotel Washington, D.C. (5 Star)
  • Trump International Hotel & Tower® Chicago (4 Star)
  • Trump® National Doral Miami (4 Star)
  • The Spa at Trump at Trump International Hotel & Tower® Chicago (4 Star)
  • The Spa by Ivanka Trump™ at Trump® International Hotel Washington D.C. (4 Star)
  • The Trump Spa® at Trump International Hotel & Tower® New York

 «These 2021 award winners are a testament to the resiliency of the hospitality industry,» said Filip Boyen, CEO of Forbes Travel Guide. «These top properties adapted to numerous adversities all while maintaining high service levels and ensuring the health security of their guests and staff.»

Properties were inspected prior to the pandemic and when regional restrictions allowed for the safe return of guests. All 2021 Star Awards recipients can be found at ForbesTravelGuide.com.

For a complete list of hotels and resorts that currently are Sharecare Health Security VERIFIED® with Forbes Travel Guide, visit www.forbestravelguide.com/verified.

One of the world’s most recognized luxury hotel brands, Trump Hotels offers notable signature programs designed for the ultimate comfort of all guests – including Trump Attaché®, Trump Card® Privileges, Trump® Kids, and Trump® Pets.

To experience the best in class amenities and service of Trump Hotels, visit trumphotels.com.

About TRUMP HOTELS™
Trump Hotels™ is a brand of five-star luxury hotels and resorts with a mission of providing extraordinary customer experiences and luxury accommodations.  Its exceptionally designed hotels in iconic locations put guests at the heart of each destination. Each property provides a variety of offerings including signature programs designed with the guest in mind, and every hotel has a distinct design that is culturally-relevant, with iconic architecture that is contextual to the destination. The brand’s «Never Settle» philosophy permeates its everyday work culture, with dedicated leaders and talented associates priding themselves on impacting the guest experience with exacting standards and keen attention to detail. Reservations can be made at www.trumphotels.com.

Contact:      

Michelle Kelly

Bright Red

mkelly@brightredagency.com

850.668.6824

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SOURCE Trump Hotels

Autoliv Announces New Inflator Manufacturing Plant in India

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its…

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its corporate office, Engineering Centre, and Airbag facilities in Bangalore.  The new inflator plant will be built close to Chennai and will serve Indian demand. The localization of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. The new inflator plant will further encourage sustainable market growth in India from global and local OEMs.

Autoliv entered the Indian market in 1994 and has since become the clear leader, with six facilities, in this dynamic market.

«The establishment of the new inflator plant is another milestone of Autoliv’s development in India, demonstrating our strong commitment to customers and to the Indian market,» said Mr. Joydeep Roy, Autoliv India President and Managing Director. «We are optimistic about the business prospect here. We will continue our dedicated work of leading the way to Saving More Lives in India and being a trusted supplier and partner to our customers,» he added.

  
Inquiries:
Gabriella Ekelund,  Tel +46 (70) 612 64 24
Catherine Fu, Communications Director, Tel +86-21-69925406

About Autoliv

Autoliv, Inc. is the worldwide leader in vehicle safety systems, and through our subsidiaries we develop, manufacture and market protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. In 2020, our products save over 33,000 lives each year and prevented ten times as many severe injuries.

Our more than 68,000 associates in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We have 14 technical centers, with 20 test tracks. Sales in 2020 amounted to US $ 7,447 million. The shares are listed on the New York Stock Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information go to www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. 

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Autoliv Announces New Inflator Manufacturing Plant in India

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its…

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its corporate office, Engineering Centre, and Airbag facilities in Bangalore.  The new inflator plant will be built close to Chennai and will serve Indian demand. The localization of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. The new inflator plant will further encourage sustainable market growth in India from global and local OEMs.

Autoliv entered the Indian market in 1994 and has since become the clear leader, with six facilities, in this dynamic market.

«The establishment of the new inflator plant is another milestone of Autoliv’s development in India, demonstrating our strong commitment to customers and to the Indian market,» said Mr. Joydeep Roy, Autoliv India President and Managing Director. «We are optimistic about the business prospect here. We will continue our dedicated work of leading the way to Saving More Lives in India and being a trusted supplier and partner to our customers,» he added.

  
Inquiries:
Gabriella Ekelund,  Tel +46 (70) 612 64 24
Catherine Fu, Communications Director, Tel +86-21-69925406

About Autoliv

Autoliv, Inc. is the worldwide leader in vehicle safety systems, and through our subsidiaries we develop, manufacture and market protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. In 2020, our products save over 33,000 lives each year and prevented ten times as many severe injuries.

Our more than 68,000 associates in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We have 14 technical centers, with 20 test tracks. Sales in 2020 amounted to US $ 7,447 million. The shares are listed on the New York Stock Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information go to www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. 

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Aker Solutions to Deliver Electrification of Equinor’s Troll B & C Platforms

OSLO, Norway, Feb. 16, 2021 /PRNewswire/ — Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions. These modifications will include installation of equipment for receiving electrical power from shore via cable. This will replace power generation from gas turbines at the platforms, and thus reduce climate footprint. The award is estimated to be very…

OSLO, Norway, Feb. 16, 2021 /PRNewswire/ — Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions. These modifications will include installation of equipment for receiving electrical power from shore via cable. This will replace power generation from gas turbines at the platforms, and thus reduce climate footprint. The award is estimated to be very large1.

Aker Solutions’ work will include engineering, procurement, construction and prefabrication of systems, and installation at the platforms offshore. The engineering and construction will be performed at Aker Solutions’ offices in Bergen, and at its yard in Egersund respectively. The award follows completion of the front-end engineering and design (FEED) work that Aker Solutions was awarded in January 2020. 

The work will start immediately and is scheduled for completion at the end of 2025. The scope will include approximately 1,000 man-years for own employees, of which about 500 for engineering, 200 for construction and 300 for the work offshore. Including ripple effects, the scope is expected to involve a total of 4,000 people, including employees working with suppliers, services providers etc. 

«Reduction of climate footprint is high on the agenda for our customers in the oil and gas industry. Electrification of production platforms is one of the ways to reduce emissions from such operations. Aker Solutions has extensive experience from delivering such low-carbon solutions, and we aim to be a leading contractor in this market. We are excited to collaborate with Equinor on the Troll electrification,» said Kjetel Digre, chief executive officer of Aker Solutions. 

The Troll field lies about 65 kilometers west of Bergen on Norway’s west coast. The electrical power cable will be connected to shore at Kollsnes outside Bergen.

The contract award is subject to a final investment decision and a regulatory approval.

The award will be booked as order intake in the first quarter of 2021 in the Electrification, Maintenance and Modifications (EMM) segment.

1 Aker Solutions defines a very large contract as being between NOK 2.0 billion and NOK 3.0 billion.

ENDS

CONTACT:

Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com

Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com

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SOURCE Aker Solutions ASA

Autoliv Announces New Inflator Manufacturing Plant in India

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its…

BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through its world class life-saving solutions for mobility and society.

Autoliv India has its corporate office, Engineering Centre, and Airbag facilities in Bangalore.  The new inflator plant will be built close to Chennai and will serve Indian demand. The localization of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. The new inflator plant will further encourage sustainable market growth in India from global and local OEMs.

Autoliv entered the Indian market in 1994 and has since become the clear leader, with six facilities, in this dynamic market.

«The establishment of the new inflator plant is another milestone of Autoliv’s development in India, demonstrating our strong commitment to customers and to the Indian market,» said Mr. Joydeep Roy, Autoliv India President and Managing Director. «We are optimistic about the business prospect here. We will continue our dedicated work of leading the way to Saving More Lives in India and being a trusted supplier and partner to our customers,» he added.

  
Inquiries:
Gabriella Ekelund,  Tel +46 (70) 612 64 24
Catherine Fu, Communications Director, Tel +86-21-69925406

About Autoliv

Autoliv, Inc. is the worldwide leader in vehicle safety systems, and through our subsidiaries we develop, manufacture and market protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. In 2020, our products save over 33,000 lives each year and prevented ten times as many severe injuries.

Our more than 68,000 associates in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We have 14 technical centers, with 20 test tracks. Sales in 2020 amounted to US $ 7,447 million. The shares are listed on the New York Stock Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information go to www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-announces-new-inflator-manufacturing-plant-in-india,c3288003

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SOURCE Autoliv