Teesside

IFF Announces the Sale of Flavor Specialty Ingredients Business to Exponent

Retrieved on: 
Thursday, February 16, 2023
Food, Beverage, Manufacturing, Cosmetics, Retail, Chemicals, Plastics, Registered trademark symbol, Science, Centerview Partners, FSI, International Flavors & Fragrances, NYSE, Sale, Health, Growth, Drug Quality and Security Act, Creativity, Tax, All rights reserved, Perfume, IFF, Teesside, Exponentiation

IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, for $220 million in cash proceeds.

Key Points: 
  • IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, for $220 million in cash proceeds.
  • “Aligned with our strategy, we’re continuously evaluating our portfolio to identify opportunities to strengthen our financial profile,” said IFF CEO Frank Clyburn.
  • “The sale of FSI will improve our capital structure while allowing us to focus on our core businesses to enhance growth and returns.
  • IFF and Exponent expect to close the transaction by the end of Q3 2023, subject to customary closing conditions.

Jacobs and Morrison Energy Services Secure National Grid Projects

Retrieved on: 
Thursday, May 12, 2022
People, Zero, Digital, Kerala Infrastructure Investment Fund Board, GIS, RWE, TenneT, Conversation, City, U.S. Securities and Exchange Commission, Bramley, Financial condition report, Result, Contract, Government, Private sector, COVID-19, National Grid, Dogger Bank, Securities Act of 1933, Securities Exchange Act of 1934, National Grid plc, Instagram, Forward-looking statement, Management, Energy Independence and Security Act of 2007, Network Rail, Maintenance, Security (finance), LinkedIn, Twitter, Pembroke Power Station, Water, NYSE, Risk, Analysis, Annual report, Electric power industry, Renewable energy, Facebook, Teesside, Lackenby

DALLAS, May 12, 2022 /PRNewswire/ -- Jacobs (NYSE:J)/Morrison Energy Services Joint Venture – J1M – was awarded three contracts to support Pembroke, Lackenby and Bramley substation projects under energy utility National Grid's six-year Substations Engineering Procurement Construction Framework in the U.K.

Key Points: 
  • DALLAS, May 12, 2022 /PRNewswire/ -- Jacobs (NYSE:J)/ Morrison Energy Services Joint Venture J1M was awarded three contracts to supportPembroke, Lackenby and Bramley substation projects under energy utility National Grid 's six-year Substations Engineering Procurement Construction Framework in the U.K.
    As principal designer and contractor, the Jacobs/Morrison Energy Services Joint Venture is progressing detailed design and early works on the Pembroke substation project in Wales, to connect it to Ireland's Greenlink interconnector , one of Europe's most important energy infrastructure projects.
  • "With the U.K.'s ambition to quadruple energy from offshore wind by 2030, these projects play an essential role in expanding transmission capacity to the grid," said Jacobs People & Places Solutions Senior Vice President Europe and Digital Strategies Donald Morrison.
  • "This is a great opportunity for Morrison Energy Services, as an established energy networks service provider, to help drive forward the U.K.'s essential transition to the sustainable energy systems of the future," said Morrison Energy Services Managing Director Peter Carolan.
  • Morrison Energy Services is a part of M Group Services.

FUJIFILM Diosynth Biotechnologies Breaks Ground On A New BioCampus At Its Billingham, UK Location

Retrieved on: 
Thursday, March 12, 2020
Diosynth, Oss, Geography of England, Fujifilm, Teesside, Contract manufacturing organization, Optics

The up to 14.5M development is partly supported by the Tees Valley Mayor and Combined Authority (TVCA) through grant funding.

Key Points: 
  • The up to 14.5M development is partly supported by the Tees Valley Mayor and Combined Authority (TVCA) through grant funding.
  • "FUJIFILM Diosynth Biotechnologies is doing fantastic work in our hugely important bioscience sector and creating the skilled jobs we need.
  • FUJIFILM Diosynth Biotechnologies an industry-leading Biologics Contract Development and Manufacturing Organization (CDMO) with locations in Teesside, UK, RTP, North Carolina, College Station, Texas and Hillerod, Denmark.
  • FUJIFILM Diosynth Biotechnologies is a partnership between FUJIFILM Corporation and Mitsubishi Corporation.

FUJIFILM Diosynth Biotechnologies Breaks Ground On A New BioCampus At Its Billingham, UK Location

Retrieved on: 
Thursday, March 12, 2020
Diosynth, Oss, Geography of England, Fujifilm, Teesside, Contract manufacturing organization, Optics

The up to 14.5M development is partly supported by the Tees Valley Mayor and Combined Authority (TVCA) through grant funding.

Key Points: 
  • The up to 14.5M development is partly supported by the Tees Valley Mayor and Combined Authority (TVCA) through grant funding.
  • "FUJIFILM Diosynth Biotechnologies is doing fantastic work in our hugely important bioscience sector and creating the skilled jobs we need.
  • FUJIFILM Diosynth Biotechnologies an industry-leading Biologics Contract Development and Manufacturing Organization (CDMO) with locations in Teesside, UK, RTP, North Carolina, College Station, Texas and Hillerod, Denmark.
  • FUJIFILM Diosynth Biotechnologies is a partnership between FUJIFILM Corporation and Mitsubishi Corporation.