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Sopra Steria establishes itself in Canada
PARIS, April 12, 2024 /PRNewswire/ — Sopra Steria, a major player in the tech industry, announces its establishment in Canada. Sopra Steria aims to better support the needs of its aerospace clients already established there by expanding the presence of its Aeroline vertical teams.
“The establishment of a Sopra Steria subsidiary in Canada marks a significant milestone in the development of our Aeroline vertical. Already a market leader in Europe, we support globally renowned industrial players. To be closer to their operations, we are now establishing ourselves in Canada,” comments Youssoupha Diop, head of Sopra Steria’s Aeroline activities in Canada.
Sopra Steria’s presence through its Aeroline vertical is organised around two locations in Montreal and Toronto. This is complemented by the presence of CS Group, a Sopra Steria subsidiary specialised in critical systems management including aerospace, located in Ville Saint-Laurent in Canada and East Hartford in the United States.
The Canadian Aeroline teams are already collaborating with CS Group Canada and Sopra Steria’s Infrastructures & Security Services (I2S) vertical teams. They can also leverage the company’s capabilities in Europe and India.
Sopra Steria – a recognised expertise in aerospace
Sopra Steria’s Aeroline vertical, dedicated to aerospace clients, is a well-known player in the sector. Already firmly established in Europe and India, it offers the aerospace ecosystem a comprehensive range of digital services to support the digitalisation needs of engineering, manufacturing, service and maintenance activities, and air traffic management.
More than 180 experts are dedicated to the challenges of the North American aerospace industry. Within 5 years, Sopra Steria aims to have a workforce of 500 employees in Canada.
“We were eager to begin this new phase of our journey. This expansion into Canada directly meets the proximity needs of our clients and our strategy. As this territory is key in aerospace, it was essential for us to be represented here,” comments Xavier Pecquet, Member of the Executive Committee and head of Sopra Steria’s Aeroline vertical.
Contact: Aurélien Flaugnatti, [email protected]
Logo – https://mma.prnewswire.com/media/1861938/Sopra_Steria_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/sopra-steria-establishes-itself-in-canada-302115363.html
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GC congratulates NatureWorks and Krungthai Bank on closing a significant financing deal for NatureWorks’ Ingeo PLA Manufacturing Expansion worth 12.6 billion baht, Supporting Thailand’s Ambitious Bio-Circular-Green (BCG) Strategy
BANGKOK, May 17, 2024 /PRNewswire/ — Mr. Narongsak Jivakanun (Second from left), CEO of PTT Global Chemical Public Company Limited (GC) presided over the signing ceremony and extended his congratulations to Krungthai Bank and NatureWorks – a joint venture of GC and a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources. This is the historic financial support from Krungthai Bank PCL, Thailand’s third largest bank, to optimize the capital structure for the new fully-integrated Ingeo™️ PLA manufacturing facility in Thailand. The financing amounting to $350M USD (12,600M Baht Equivalent), is one of the singular largest loans in the bank’s decades-long history to supporting loans for Green Field project in the Green/Bio businesses. It reinforces GC’s core mission of operating sustainable business practices aligned with the Bio-Circular-Green Economy (BCG) Model for Thailand’s sustainable development.
The funding will not only support the construction of the plant and its ongoing operations but also enables NatureWorks to be competitive in the biomaterials market, pioneering new frontiers for bioplastic applications and advancing biobased solutions with sufficient capacity to capture packaging and fiber customers across the Asia-Pacific region and the rapidly growing global market.
The NatureWorks plant, currently under construction, is the first bio-complex in Thailand, established in line with the government’s BCG economic development strategy, located in Nakhon Sawan province. The project is progressing according to plan, with full-scale production expected to commence in 2025. The plant will have a PLA production capacity of 75,000 tons per year under the Ingeo™️ brand, using locally sourced sugarcane as the primary raw material from local farmers.
For more details, please visit https://www.pttgcgroup.com/en/newsroom/news/1359/
Photo – https://mma.prnewswire.com/media/2415664/Picture_of_Signing_Ceremony.jpg
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