Month: August 2024

Mercedes-Benz High-Power Charging and Starbucks Team Up to Launch an Elevated EV Charging Experience Across America

Stuart Mitchell

Mercedes-Benz High-Power Charging and Starbucks announced a strategic collaboration to electrify over 100 Starbucks stores across the country. The vision for the first phase of the program will be to co-locate industry-leading 400 kW electric vehicle (EV) chargers at Starbucks stores located along Interstate 5 (I-5) – a critical west coast travel corridor spanning from Canada to Mexico. The two companies share an ambition to identify additional opportunities in key markets, including core urban areas, charging deserts, and other critical travel corridors. “The collaboration between two leading brands like Mercedes-Benz…

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IFC Investment to Promote Green Construction and Job Creation in the Middle East and Africa

Stuart Mitchell

IFC, a member of the World Bank Group, is providing a $15 million loan to MAN Enterprise Group, an engineering, procurement, and construction Group headquartered in Luxembourg and operating in MENA and Europe, through its subsidiaries MAN Holding Limited and MAN Holding sal. The loan will help the group grow its operations across the Middle East and Africa, supporting private sector development and job creation. It will also help the group undertake new projects to establish its presence in different countries, build its internal capacity for climate-friendly technologies, and improve…

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UK marketing budget growth hits decade high as economic conditions improve

Stuart Mitchell

UK companies upwardly revised their marketing budgets at the strongest rate in over a decade, and to the second highest level in almost a quarter of a century, according to the Q2 2024 IPA Bellwether Report. Rising from +9.4% in Q1 to +15.9% in Q2, the net balance of UK businesses that expanded their total marketing budgets was at its highest level since the first quarter of 2014 (when it measured +20.4%), This also marks the second highest upward revision in the survey’s almost 25-year history. Additionally, the net balance…

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IPA, APA and ISBA unite to improve production pitch process

Stuart Mitchell

The IPA, APA and ISBA have launched a new Production Pitch Process Initiative to help improve the production pitching experience for all sides. The Pitch Process Initiative features a number of principles and associated key actions for all parties to agree upon. They have been developed in acknowledgment of the increasing pressures on all parties, with the document stating that: From a production company perspective, the level of investment currently required is not sustainable. For agencies, project-based versus retained working, more nontraditional deliverables and smaller time and budget parameters have…

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Berry’s New, World-Class Recycling Facility Named ‘Plastics Recycling Business of the Year’

Stuart Mitchell

Berry Global Group, Inc.‘s new, world-class ‘Berry Circular Polymers’ recycling facility in Leamington Spa, UK has been named the Plastics Recycling Business of the Year by letsrecycle.com at the 2024 Awards for Excellence in Recycling and Waste Management. Recognising innovation, dedication, and success among the recycling and waste industry, local authorities, and the wider sector, this award underscores Berry’s commitment to advancing a circular, net-zero economy using its proprietary, closed-loop CleanStream technology. “As one of the global sustainable packaging leaders, we’re invested in lowering our carbon footprint and increasing the…

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