AGP Executive Report
Last update: 10 hours agoCircular Plastics & Industry: DePoly inaugurated its first industrial showcase plant in Monthey, turning used PET bottles and polyester textiles into virgin-quality materials—aiming to boost circularity beyond the limits of mechanical recycling. Space & Manufacturing: Swiss space firm SWISSto12 raised $70m in Series C funding to scale multi-orbit satellite components built with 3D printing, targeting faster production and growing European demand. Energy & Water Security: Swiss reservoirs sit at 46% capacity (about 16.4 points below the 20-year average) after a poor winter and very dry spring; officials say supply is not yet threatened, but the outlook depends on coming rainfall. Transport & Ports: Cameroon and Swiss terminal operator TIL are exploring options for the Limbe Deep Seaport to strengthen industrial activity and logistics in the South-West. Luxury Demand: Richemont (Cartier, Van Cleef & Arpels) reported “stratospheric” jewellery sales growth, with strong consumer spending lifting group results. Tech & Aviation: RED and Helix unveiled a hybrid-electric generator for aircraft/APUs to cut fuel burn and emissions while meeting airport ground-power constraints. Food Industry: Nestlé sale talks in Trinidad and Tobago move to the next phase, with Swiss-linked dairy supply concerns raised by workers’ unions. Heritage & Archaeology: A medieval shipwreck in Lake Constance revealed older wooden remains than expected, adding new detail to regional underwater history.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.