Category: Manufacturing

Loop Industries signs LOI with On AG to secure volumes from planned Infinite Loop(TM) manufacturing facility in Ulsan, South Korea

Loop’s breakthrough technology enables fiber-to-fiber recycling, offering the textile industry a closed-loop supply chain solution

Loop Industries, Inc. (Nasdaq: LOOP), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and polyester fiber, and On AG, a sportswear brand and subsidiary of On Holding AG, today announced a Letter of Intent (LOI) signed by On to secure volumes of 100% recycled virgin quality Loop(TM) PET resin from the upcoming Asian Infinite Loop(TM) manufacturing facility in Ulsan, South Korea, which Loop is planning with its strategic partner SK Geo Centric. The Ulsan manufacturing facility is anticipated to break ground by end of this year.

The signed LOI follows a two-year period of collaboration between Loop and On, throughout which time a technical due diligence was completed validating Loop’s technology, while Loop(TM) PET resin was tested in On’s products. This partnership will provide On the ability to produce sustainable footwear and apparel using recycled materials, without the need for polyester fiber created from fossil fuels, which helps to reduce PET waste and the manufacturing footprint for On.

“Circularity is a main pillar in On’s sustainability process. We are happy to see that Loop is bringing their technology to commercial scale,” said Ilmarin Heitz, Head of Innovation at On. “This marks another huge step towards closing the fiber-to-fiber loop within the textile industry.”

“Loop’s technology enables fiber-to-fiber recycling, providing brands like On with a closed-loop solution to their supply chain,” said Giovanni Catino, Vice President of Sales and Business Development. “We anticipate that 60% of the feedstock utilized at our planned commercial manufacturing facility in Ulsan to come from polyester fibers which presents a significant opportunity for circularity for this material.”

Loop Industries is leading the way in sustainable and circular solutions for PET waste, allowing materials to be infinitely recycled without loss of quality or performance. Loop’s breakthrough technology enables low value PET waste to be upcycled into 100% recycled virgin-quality Loop(TM) PET resin which can be used in plastic products and food-grade packaging as well as polyester fiber applications. In addition to low value PET plastic waste, Loop also utilizes polyester fiber waste as feedstock in its process. By upcycling these materials, Loop’s technology helps supply brands with sustainable, recycled polyester fabric and offers a closed loop solution to the textile industry. This unique fiber to fiber recycling process is achieved through Loop’s patented depolymerization technology.

By leveraging Loop’s technology and securing volume at the upcoming Ulsan, South Korea manufacturing facility, On is implementing a bold and sustainable footwear strategy in the industry, taking a giant step forward in circularity. The partnership between Loop Industries and On showcases how brands can transition to a sustainable, environmentally friendly solution where materials can be recycled infinitely.

About On
On was born in the Swiss Alps with one goal: to revolutionize the sensation of running by empowering all to run on clouds. Thirteen years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. Fueled by customer-recommendation, On’s award-winning CloudTec(R) innovation, purposeful design and groundbreaking strides in sportswear’s circular economy have attracted a fast-growing global fanbase – inspiring humans to explore, discover and dream on. On is present in more than 60 countries globally and engages with a digital community on www.on.com.

About Loop Industries
Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop(TM) branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop(TM) PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol “LOOP.” For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries.

Investor Relations:
Kevin C. O’Dowd, kodowd@loopindustries.com
Vice-President Communications & Investor Relations, Loop Industries, Inc.

Media Inquiries:
Andrea Kostiuk, akostiuk@loopindustries.com
VP Marketing & Communications, Loop Industries, Inc.

SOURCE: Loop Industries, Inc., Quebec, Canada.

Hannover Messe 2023 Brings a Positive Impact to Indonesia

Deutsche Messe AG (DMAG) held a closing press conference at the Industrial Transformation Conference Stage, Hannover Messe Fairgrounds, following the closing of Hannover Messe 2023 on Friday (21/04). Eko SA Cahyanto, Director General of Industrial Resilience, Regions and International Access (KPAII), Indonesian Ministry of Industry, together with Dr. Jochen Kockler, Chief Executive Officer (CEO) of DMAG, and Dr. Gunther Kegel, President of the German Industrial Association, Verband der Electro-und Digitalindustrie (ZVEI), participated in the press conference.

(Photo: Doc. Ministry of Industry)

Eko SA Cahyanto said that as a partner country, Indonesia was pleased to be part of the world’s largest industrial exhibition, and this had a positive impact on Indonesia. Visitors to the exhibition had reacted positively to the Indonesia program as Hannover Messe 2023 Partner Country. The program included art performances during the opening ceremony, the opening of the Indonesia Pavilion, country night, business summits and several conferences. Exhibition-goers visiting the Indonesia Pavilion and the 157 co-exhibitors reflected Indonesia’s success as a partner country.

Dr. Gunther Kegel, President of ZVEI, noted that even though there were protests taking place simultaneously in various German cities, the five days of Hannover Messe 2023 drew hundreds of thousands of visitors. And in addition to business people, Hannover Messe also attracted political delegations from 50 countries. By comparison with other industrial exhibitions, said Dr Kegel, the Hannover Messe still outperforms among industrial exhibitions.

Dr. Jochen Kockler, the CEO of DMAG, said that the 130,000 visitors to the Hannover Messe would have the same goal in mind, fostering industry that was more resilient to climate change and more competitive. Additionally, countries including China, Korea, the Netherlands and America accounted for 43% of the visitors to Hannover Messe 2023. Furthermore, the Indonesia Pavilion at the Hannover Messe Fairgrounds had attracted around 75% of the large number of overall visitors to this years Messe.

In line with an improving Indonesian industrial sector following the pandemic, its role as partner country for the third time was also positive. Through closing of Hannover Messe 2023, Indonesia had signed one Government/Government agreement, four Government/Business agreements, and twenty-five Business/Business agreements, expected to create jobs for approximately 80,000 people in the country.

Hannover Messe 2023 | Partner Country Indonesia
As Partner Country to Hannover Messe 2023, Indonesia presents more than 150 exhibiting organizations that range from large industrial companies, small and medium-sized enterprises and startups to industrial estates, industrial associations and government ministries and institutions. Indonesia invites you to discover its potential – join the Partner Country’s infinite journey at Hannover Messe. Visit https://indonesiahannovermesse.id.

The Ministry of Industry (Kemenperin)
Public Relations Bureau, Jakarta
E: humaskemenperin@gmail.com

The Executive Talk by ShareInvestor: Shrinkflex (Thailand) PCL (SET: SFT)

  • Shrinkflex on the move to be ASEAN’s leading Shrink Sleeve Label and Flexible Packaging manufacturer with sustainable products.

Mr. Sung Cheong Tsoi, Chief Executive Officer, Shrinkflex (Thailand) PCL (SET: SFT), revealed the company’s vision and commitment to being the ASEAN leading Shrink Sleeve Label and Flexible Packaging manufacturer and building sustainable growth through product innovation and the ESG movement.

1. How is the overall growth of Shrinkflex since listing on the Stock Exchange of Thailand, and what are the growth prospects for 2023?
Shrinkflex (Thailand) Public Company Limited (SFT) was listed on the Stock Exchange of Thailand in 2020 during the COVID-19 pandemic. Despite the situation, we continued to grow according to the target. Regarding our business plan, which was informed to the market and investors previously, we brought funds to invest in building the second factory, purchasing machinery, and producing a new product line: flexible packaging.

Emphasizing our position as a leader in the Shrink Sleeve Label production industry, we have continued developing and introducing innovations to customers, including environmental-friendly products. In addition, as part of our sustainability policy and commitment to preserving the environment, we provide customers with a higher value, contributing to overall satisfying growth from 2020-2022.

2. What is the strength of Shrinkflex that keeps you above the competitors in the industry?
First, we have teams of specialists working here. Second, we consistently create innovations for our customers and always continue improving ourselves. For example, we can design and build our own molds, and we are the first manufacturer in Southeast Asian region to do commercialize in the Digital Shrink Sleeve Label. Lastly, another vital point is that our business partners vary in different industries, allowing us to produce shrink sleeve labels for many product categories, from food and beverages, cosmetics, drugs, and medical supplies, to household consumer goods – each requires expertise in different types of printing.

Therefore, all these factors create a significant advantage for Shrinkflex and empower us to grow alongside partners, quickly respond to environmental-friendly innovations, and stay above other suppliers.

3. What is the growth strategy for the next 3-5 years?
As I mentioned, since we entered the market, we have brought capital to expand the business by focusing on developing new product lines, such as flexible packaging, and finding innovations to meet environmental needs. In the next 3-5 years, we aim to capture around the two digits growth and become one of the leading Labeling and Packaging Solutions providers in Thailand and ASEAN.

4. Due to the movement and regulation pressure on the consumption and production of plastic these days, how has Shrinkflex prepared for changes?
Plastic may be difficult to disappear from our daily lives. So, how can we make it environmental-friendly? Whether recycling or reusing, these two solutions are the future of the shrink sleep label industry. At Shrinkflex, our shrink sleeve labels, with plastic bottles, can be processed and crushed into the recycling system. This innovation was certified by the American Plastics Recycling Association (APR), and we received the GreenShrink trademark last year. The qualification has proved another step toward success. In addition, we also offer flexible packaging that uses mono-material, which can be 100% recycled as well.

5. How has Shrinkflex established the ESG strategy? (ESG: Environment, Social, and Corporate Governance)
For many years before being listed on the stock market, Shrinkflex had been committed to driving the development of environmentally friendly products and sustainability schemes. Today, as a public company, our policy has been more functional and covers all departments.

For the Environment part, Shrinkflex provides concrete measures to reduce Carbon Footprint, such as oil and wastewater treatment systems, as well as solar panels installation in the factory. While the solar panels at our first plant help produce 450 kW of clean energy, the new set at our second factory will have the capability of up to 600 kilowatts.

For the social aspect, covering internal operations, business partners and nearby communities, Shrinkflex has demonstrated tangible actions reflecting our commitment to social responsibility. Especially for the employees, we emphasize personnel development and provide favorable welfare to improve their well-being.

For the corporate governance part, Shrinkflex has been rated 4-star corporate governance, known as the “Very Good” CG Scoring, by the assessment under the Corporate Governance Report of Thai Listed Company (CGR) project, powered by the Thai Institute of Directors Association (IOD). This award guarantees our excellent performance.

Finally, even before or after being listed in the market, I want to emphasize our consistent commitment to building a sustainable business. Whether by expanding strategic partners or adding value to our products and customers with various innovations, investors can trust Shrinkflex and grow sustainably with us.

Watch Executive Talk by ShareInvestor on YouTube ShareInvestor Thailand: https://youtu.be/Ic1NLZPAWGk

About The Executive Q&A Series
The Executive Q&A Series is presented by ShareInvestor, Asia’s leading financial internet media and technology company and the largest investor relations network in the region. For more information, email admin.th@shareinvestor.com, and visit our Website: www.ShareInvestorThailand.com.

Hannover Messe 2023: Indonesian Businesses Open Opportunities for Development of Industrial Waste Treatment Technology and the Circular Economy

The Hannover Messe 2023 exhibition is a great opportunity for Indonesia to achieve its goal of being among the top 10 strongest economies in the world by 2030. It is hoped that Indonesia’s participation as Hannover Messe 2023 Official Partner Country will broaden and open up new cooperation prospects for the co-exhibitors, according to Minister of Industry Agus Gumiwang Kartasasmita.

Hannover Messe 2023: The Indonesian Food and Beverage Producers Association (GAPMMI), a co-exhibitor, with MARS-ENVOTEC (SG/DE) agreeing to support the circular economy by developing industrial technology for the recycling process. MARS-ENVOTEC will also join Ministry of Industry’s PIDI 4.0 (Center for Digital Industry 4.0) as expert on renewable energy & waste management.

Regarding these prospects, there is currently a fast-growing trend worldwide for waste and food segregation solutions for the food and beverage industry as well as other industries. Hannover Messe 2023 is intended to foster breakthrough in the form of digital transformation and climate-neutrality with the participation of company representatives from the sustainable technology sector. Therefore, Indonesia’s economic potential to be able to compete worldwide will be significantly boosted by the synergy between digitization and environmental sustainability.

MARS-ENVOTEC, a technology firm with offices in Singapore and Germany, expressed interest in working with the Indonesian Food & Beverage Industry Association (GAPMMI), one of the co-exhibitors at the Hannover Messe 2023. In a business meeting, Monday (17/4) Hannover time, MARS-ENVOTEC agreed to support the circular economy industry by developing technology and knowledge related to the recycling process.

MARS-ENVOTEC offers innovative and holistic solutions for widespread application of advanced waste transformation technologies such that waste materials can be converted back into clean and renewable energy. MARS-ENVOTEC CEO Sven Ische said the company plans to apply waste management solutions from upstream to downstream to make synthetic fuels and other green energy products from municipal waste, plastics and organics in Indonesia. “With the establishment of this collaboration with GAPMMI, Indonesia will be the first country in Asia to have the opportunity to use recycling equipment and green energy from MARS-ENVOTEC,” he said.

Asia Pacific MARS-ENVOTEC Managing Director, Bambang Indrawan said, the first zero-emission factories in Indonesia have been constructed in Pekanbaru and Lombok. Additionally, MARS-ENVOTEC will collaborate with the Ministry of Industry’s PIDI 4.0 (Center for Digital Industry 4.0) as an expert in the fields of renewable energy and waste management.

Eko S.A. Cahyanto, Director General of Industrial Resilience, Regions and International Access, stated on this occasion that the Ministry of Industry will keep encouraging the advancement of industrial technology and those who support it. Moreover, organizing this recycling industry cooperation can be Indonesia’s first step in meeting the needs of a circular economy and net zero carbon emissions.

Hannover Messe 2023 | Partner Country Indonesia
As Partner Country to Hannover Messe 2023, Indonesia presents more than 150 exhibiting organizations that range from large industrial companies, small and medium-sized enterprises and startups to industrial estates, industrial associations and government ministries and institutions. Indonesia invites you to discover its potential – join the Partner Country’s infinite journey at Hannover Messe. Visit https://indonesiahannovermesse.id.

The Ministry of Industry (Kemenperin)
Public Relations Bureau, Jakarta
E: humaskemenperin@gmail.com

Indonesian President and German Chancellor Attend Hannover Messe 2023 Opening Ceremony

Inaugural opening ceremonies for Hannover Messe 2023 took place on Monday night (16/4) local time in Hannover. Indonesia was once again given the golden opportunity to take on the role of an official partner country during this year’s event. Previously, during the Covid-19 epidemic, Indonesia had become a partner country in Hannover Messe 2021: Digital Edition. The opening ceremony of the largest industrial exhibition event was held on Sunday, April 16, 2023, at 18:00 local time.

Indonesian President Joko Widodo delivering his remarks at the opening of the Hannover Messe 2023 in Hannover, Germany, on Sunday evening (April 16, 2023) local time. (ANTARA/HO Biro Setpres)

Joko Widodo, the President of the Republic of Indonesia, and Olaf Scholz, the Chancellor of Germany, were present for the opening ceremony of Hannover Messe 2023, which was held at the Hannover Congress Centrum in Hannover. The inauguration by the two leaders of both countries marked the start of the annual exhibition, which has been running for more than 74 years.

At Hannover Messe 2023, Indonesia presented the theme “Making Indonesia 4.0.” The President stated that the theme is extremely relevant for Indonesia, which is undergoing economic transformation through innovation and technology. “Indonesia is currently implementing two big strategies, namely downstream industry and green economy,” said President Joko Widodo.

Moreover, the abundance of natural resources, the enormous demographic and market benefits, and a robust economy are factors that support the downstream industry policy. Therefore, Indonesia aims to lead the electric vehicle (EV) market with these encouraging factors. “Indonesia is very open to foreign investment and collaborative efforts to develop Indonesia’s downstream industries. Moreover, 21 commodities are predicted to achieve an investment value of USD 545.3 billion by 2040, according to the downstream industry roadmap,” the President added.

Indonesia has a strong commitment to preserving environmental sustainability in the green economy. Furthermore, in 2023, it is targeted that up to 23% of energy will come from new and renewable sources (EBT), and all coal-burning plants will be shut down by 2025. Indonesia must, however, ensure that the energy transition can provide the population with a reasonable price. “Of course, this effort will require financial support; it will cost at least USD 1 trillion until 2060. Therefore, to develop a green economy, Indonesia invites German investors. Again, Indonesia is very open to partnerships and investments,” said the President.

As stated by the President of the Republic of Indonesia, the Chancellor of Germany said that Indonesia will soon become a member of the “cooperative climate club” due to its goal of completely decarbonizing the electrical sector by 2025. “Additionally, Germany will encourage investments totaling EUR 10 billion in Indonesia from the G7 countries. I invite all of you, German companies, to take this opportunity to ensure that this goal’s spirit is appreciated,” said Chancellor Olaf Scholz.

Following the event, Bettina Stark-Watzinger, the Federal Minister of Education and Research, presented the Hermes Award winner during the series of opening ceremony events, which were organized by Deutsche Messe AG (DMAG). All companies registered as exhibitors at the Hannover Messe 2023 events are eligible to participate in the Hermes prize event, which is the worldwide technological prize presented by Hannover Messe. The winner of the Hermes Award at the Hannover Messe 2023 is Bosch Rexroth, which is considered to meet the requirements for technological innovation, industrial benefit, environment, and society.

The Hannover Fairground will host the Hannover Messe 2023 during the next five days, ending on April 21, 2023. In this event, Indonesia collaborated with 157 co-exhibitors from industrial firms, including industrial startups, associations, industrial estates, Special Economic Zones, and educational institutions, as well as the National Capital of the Archipelago (IKN).

Partner Country 2023 – Indonesia

As Partner Country to Hannover Messe 2023, Indonesia presents more than 150 exhibiting organizations that range from large industrial companies, small and medium-sized enterprises and startups to industrial estates, industrial associations and government ministries and institutions. Indonesia invites you to discover its potential – join the Partner Country’s infinite journey at Hannover Messe. Visit https://indonesiahannovermesse.id.

The Ministry of Industry (Kemenperin)
Public Relations Bureau, Jakarta
E: humaskemenperin@gmail.com

Optimas Appoints Industry Veteran Phil Battaglia as Chief Financial Officer

Seasoned Executive Brings 25+ Years of Financial and Operational Management to CFO Position

Optimas Solutions, a global industrial manufacturer/distributor and service provider, announced today the appointment of Phil Battaglia as Chief Financial Officer. Battaglia possesses over 25 years of financial management and reporting expertise, most recently leadership experience at Caterpillar Inc.

Phil Battaglia, CFO of Optimas Solutions. Phil Battaglia comes from Caterpillar to become Optimas Solutions’ new CFO.

“We are delighted to have Phil on board in such an important role for us,” said Daniel Harms and Mike Tuffy, Optimas’ dual CEOs. “As we continue to elevate our business, we needed someone in our CFO position with the financial acumen and customer-oriented thinking that Phil brings to us. We believe Phil will be essential to strengthening Optimas’ solid financial foundation and partner with us to ultimately enhance how we serve our customers.”

“Optimas is well positioned for a successful future driven by our customers’ needs,” Battaglia said. “I think I can bring that customer perspective to Optimas given my experience at Caterpillar. While I was there, I worked with suppliers such as Optimas and understand what OEMs want and need. I’m excited about the long-term impact of the Optimas team, its products and processes, not only for us, but more importantly for our customers.”

Battaglia comes to Optimas from Caterpillar, where he held various positions including Vice President of Financial Planning & Analysis, CFO of Caterpillar’s Product Support & Logistics Division, and Assistant Corporate Treasurer. Prior to Caterpillar, he was an investment banker at Citi where he advised customers in the industrials and mining sectors on M&A and financing transactions. Battaglia holds a BA degree in economics from Northwestern University and is certified by The Institute of Management Accountants.

About Optimas Solutions
Optimas is the leading global industrial distributor and service provider specializing in fastening and supply chain solutions for manufacturers seeking to improve efficiency and profitability. We take care of the details so customers can focus on manufacturing cutting-edge products – giving them an unparalleled competitive edge. Visit optimas.com and follow us on LinkedIn www.linkedin.com/company/optimas-solutions/ and Twitter @Optimas_S.

Contact Information
Meghan Lane
Senior Marketing Manager
meghan.lane@optimas.com
+1 (630) 716-3416

Tom Bryan
Marketing Manager
tom.bryan@optimas.com
44 (0)7725 109294

SOURCE: Optimas Solutions

Indonesia Invites Investment and Collaboration – Hannover Messe 2023

Indonesia is keen to exhibit its openness to investment and collaboration with all countries to achieve common prosperity, and this month, Indonesia has been named the official partner country for the Hannover Messe 2023 in Germany. “Indonesia is open to cooperation and investment, and let us collaborate to achieve common prosperity,” President Joko Widodo said during the Hannover Congress Centrum, Germany, on Sunday local time.

Indonesia is the official partner country for the Hannover Messe 2023, one of the world’s largest trade and industrial fairs. The country is also open to investment and cooperation in developing the downstream process and green economy.

With its abundant natural resources, demographic bonus, huge markets, and maintained economy, Indonesia has the capital to be a major player in global industries. “The Making Indonesia 4.0 theme is highly relevant for Indonesia, which is now striving to transform its economy through innovation and technology,” President said.

Indonesia aims to secure investment worth Rp30 trillion through its participation as the Official Partner Country at Hannover Messe 2023

According to the Coordinating Minister for Economic Affairs, Airlangga Hartarto, Indonesia expects a number of investment sectors, including the manufacturing sector, especially renewable energy, as well as in industrial areas or special economic zones, and technological innovations, such as neonatal respiratory system medical devices, automotive components, and fertilizer maintenance instruments.

To date, a total of 19 new cooperation agreements have been signed between Indonesia and other countries during the Hannover Messe 2023 event. The 19 cooperation agreements comprise three government-to-business (G2B) agreements and 13 business-to-business (B2B) agreements including cooperation in semiconductors, solar power, medical devices, waste management, chemical industry, development of CNC milling, Internet of Things, digital industry, electric vehicle charging, and battery systems, industrial parks, energy sustainability, and transition, human resources, as well as start-ups and innovation.

The Hannover Messe, based in the German state of Lower Saxony, is the world’s leading trade fair for the industry, featuring four thousand companies from various fields that showcase their technologies and solutions for a connected and climate-neutral industry.

President Jokowi officially opened the Indonesian National Pavilion during the Hannover Messe located in Hall 2 of the exhibition venue. The exhibition will run from April 17 to 21, 2023. Indonesia established a 3,000-square-meter pavilion, and 1,500 square meters of it are allocated to hundreds of participating national co-exhibiting institutions and companies.

The Indonesian government involves 157 co-exhibitors to promote their products at the pavilion, including business entities, associations, industrial areas, special economic zones, state-owned enterprises (SOEs), lending agencies, ministries, and public institutions.

A series of seminars, conferences, and business summits will be conducted in the pavilion, involving various business actors, industry players, investors, and economic associations.

The government chose the theme “Infinite Journey” for the exhibition this year to describe Indonesia’s journey towards a limitless future with a spirit of optimism and broad future potential.

Partner Country 2023 – Indonesia
As Partner Country to Hannover Messe 2023, Indonesia presents more than 150 exhibiting organizations that range from large industrial companies, small and medium-sized enterprises and startups to industrial estates, industrial associations and government ministries and institutions. Indonesia invites you to discover its potential – join the Partner Country’s infinite journey at Hannover Messe. Visit https://https://indonesiahannovermesse.id.

The Ministry of Industry (Kemenperin)
Public Relations Bureau, Jakarta
E: humaskemenperin@gmail.com

Inflight Entertainment Features Indonesia as a Partner Country for Hannover Messe 2023

Within a few days, Hannover Messe 2023, the largest industrial technology exhibition in the world, will take place. The Government of Indonesia has made various preparations in an effort to succeed in participating as the Official Partner Country Hannover Messe 2023, which will take place from April 17-21, 2023, at the Hannover Fairground in Germany.

To publicize Indonesia Partner Country Hannover Messe 2023 to the public domestically and internationally. Emirates Airlines’ display of in-flight entertainment movies, the application of stickers to three city buses serving Hannover, and the placement of banner ads in the form of standing towers -2 sided boards in front of the Hannover Central Station area are the examples of international promotions.

“We are making the most of campaigns across a variety of media to raise public awareness of Indonesia’s benefits and opportunities at the Hannover Messe 2023. We hope for the broadest support for the success of this event so that it can provide the maximum benefits for Indonesia,” said Expert Staff to the Minister of Industry for the Field of Business and Investment Climate, Andi Rizaldi in Jakarta, Saturday (15/4).

Emirates was chosen based on an annual report demonstrating that the airline flies to 152 locations in 79 countries, carrying 19 million passengers overall. According to Skytrax, for 17 consecutive years from 2005-2022, Emirates also has the best inflight entertainment in the world. “The selection of promotional media is considered effective in increasing the number of visitors to the Indonesian Pavilion,” said Andi, who is also designated as the Coordinator of Promotion and Publication for Indonesia Partner Country Hannover Messe 2023.

Effective promotional initiatives and support from 157 reputable co-exhibitors, who will highlight technological and product advantages, are expected to expand possibilities and project opportunities for economic and investment cooperation in Indonesia in various strategic areas such as the energy transition, industry 4.0, and digitalization in Indonesia. One of the co-exhibitors, for instance, Oil Palm Plantation Fund Management Agency (BPDPKS), is directly tied to the sustainability and energy issue. As one of the strategic commodities for Indonesia, BPDPSK contributes to the growth of a sustainable palm oil processing industry.

Indonesian Manufacturing Sector Branding Event at Hannover Messe 2023

The performance of the Indonesian manufacturing sector continues to perform well. This is demonstrated by the fact that, the industrial sector is still the largest contributor to GDP in 2022, namely 16.48%. Additionally, the industrial sector makes a significant contribution to national tax revenues, for 28.7%. The same thing is illustrated by the release of the Industrial Confidence Index (IKI), which until March 2023 still showed an expansion value of 51.87. The increase in IKI value from November 2022 to March 2023 was 1.93% with an average increase since the release of the first IKI, November 2022 to March 2023 of 0.48%.

In line with the improvement in the condition of the Indonesian industrial sector following the Covid-19 pandemic, Indonesia is taking the golden opportunity to become the first ASEAN country that become a partner country for the third time at the Hannover Messe 2023 international industry exhibition. This prestigious event will take place in Hannover, Germany, from April 17?21, 2023.

“Indonesia’s participation as the Official Partner Country (Indonesia Partner Country-IPC) is in line with the strategic initiative ‘Making Indonesia 4.0’ to address the issues of the 4th industrial revolution. This will also result in more inclusive sustainability, startup business and technology development, as well as support a circular economy,” said the Ambassador of the Republic of Indonesia to the Federal Republic of Germany, Arif Havas Oegroseno at the Kick Off Press Conference event in Hannover, Germany, Wednesday (12 /04) local time.

The ambassador for the Republic of Indonesia highlighted that through Hannover Messe 2023, Indonesia will display a variety of Industry 4.0 technologies and provide investment opportunities in Industrial sector from 157 co-exhibitors. Indonesia will also host a number of events, including the opening of Indonesian Pavillion at Hannover Messe Fairground with an area of 3000 m2, business summits, Indonesia country night, and some conferences with an industry-related theme.

Prior to holding the exhibition, the Indonesian government has also conducted publications and promotion events both domestically and overseas to increase public knowledge of the Hannover Messe 2023 event. The four primary goals of Indonesian participation at Hannover Messe 2023 are anticipated to be accomplished through those events, namely: 1) introducing Indonesia’s vision of the Making Indonesia 4.0 road map; 2) promoting industrial cooperation; 3) promoting investment and export; and 4) strengthening the bilateral cooperation relationship with Germany as well as participating in the global supply chain network.

The Ministry of Industry (Kemenperin)
Public Relation Bureau, Jakarta
E: humaskemenperin@gmail.com

Former President of Worldwide Operations of Walt Disney Parks and Resorts Al Weiss Has Joined SKYX as a Senior Business Development Advisor

While serving as President of Worldwide Operations of Walt Disney Parks and Resorts, he oversaw Disney’s worldwide amusement parks, hotels-resorts, cruise lines, as well as products and experiences

SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a Sky Technologies) SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that Al Weiss, former President of Worldwide Operations of Walt Disney Parks and Resorts, has joined SKYX as a senior business development advisor. Mr. Weiss will assist the company with strategic business introductions, partnerships, and engagements in the U.S. and globally.

Prior to joining SKXY, Mr. Weiss had a distinguished 39-year career at The Walt Disney Company. Starting as an 18-year old cast member, he climbed the ranks holding several senior positions including President of Walt Disney World Resorts from 1994 – 2005, at which point he was appointed Disney’s Worldwide President of Operations. While serving as President of Worldwide Operations of Walt Disney Parks and Resorts, he oversaw Disney’s worldwide amusement parks, hotels-resorts, cruise lines, as well as products and experiences. Beyond Disney, Weiss has held various leadership positions, including Chairman of the Metro Orlando Economic Development Commission, Trustee at the University of Central Florida as well as Stetson University, and serving on the founding Board of Directors for Travel Promotion. In 2018, he launched Global Blockchain Ventures, a $100 million fund to invest in blockchain technology, where he serves as Chairman and General Partner.

Mr. Weiss said: “I am truly excited to join Rani, the SKYX team and their ‘movement’, as I strongly believe that the safety aspects and smart features of SKYX’s smart platform technologies are game changing and will become a new standard for safe and smart homes, buildings, hotels and even cruise ships.”

“We are happy and proud to announce that such a prominent business leader is joining the SKYX ‘movement’,” said Rani Kohen, Founder and Executive Chairman of SKYX Platforms. “In his new role, Mr. Weiss will assist the Company with strategic introductions, partnerships, and other engagements both in the U.S. and globally. I look forward to working closely with him to open new doors for SKYX in the quarters ahead.”

About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard.

SKYX Platforms Corp. (NASDAQ:SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://SKYXPlatforms.com or follow us on LinkedIn.

Forward-Looking Statements
Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. Such forward-looking statements include statements such as that the safety aspects and smart features of SKYX’s smart platform technologies are game changing and will become a new standard for safe and smart homes, buildings, hotels and even cruise ships. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company’s efforts and ability to drive the adoption of Sky’s Smart Platforms into homes, buildings, cruise ships and communities and adoption by hotels, builders and architects, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, risks arising from mergers and acquisitions, and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Media Relations Contacts:
Britney Ouzts/Barbara Goldberg
O’Connell & Goldberg, Inc.
(754) 204-7074/ (954) 294-4677
bouzts@oandgpr.com / bgoldberg@oandgpr.com

Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

SOURCE: SKYX Platforms Corp. dba Sky Technologies