Member News

Piaggio Group reveals decarbonization plan starting in 2030

Piaggio Group has revealed its Decarbonization plan, a comprehensive initiative aimed at environmental sustainability. The program, extending to its Indonesian factory, underscores the company's commitment to reducing its ecological footprint. Over the years, Piaggio has made substantial strides in energy efficiency and emission reduction, evident in the Ponteder factory where…

Tenaris completes purchase of Mattr’s Pipe Coating business unit

Tenaris S.A. has successfully completed the acquisition of Mattr’s tubing coating business unit for a total of USD$182.6 million, including estimated working capital and USD$16.9 million in cash. The acquisition involves nine plants located in various countries, including Canada, Mexico, Norway, Indonesia, the United Arab Emirates, and the United States,…

Vespa 946 Special Edition 1 Decade for Sale in Indonesia, Only 1,000 Units Worldwide

PT Piaggio Indonesia has unveiled the Vespa 946 10° Anniversario in celebration of the iconic scooter's first decade. Limited to 1,000 units worldwide, this Vespa 946 is designed to commemorate the Year of the Rabbit, symbolizing peace, prosperity, and appreciation for the past. Positioned as the inaugural collection for the…

Eni secures additional volumes of LNG from Indonesia

Eni, the Italian energy giant, has entered a sales and purchase agreement with Indonesia's Merakes Liquefied Natural Gas (LNG) Sellers, securing an additional 0.8 billion cubic meters (bcm) of LNG annually. Effective from January 2024 for three years, this deal enhances Eni's flexibility and diversifies its LNG supplies, strengthening its…
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