Group press release 2023-10-30 ABB appoints Mathias Gaertner as General Counsel and Company Secretary ABB announced today that Mathias Gaertner has been appointed General Counsel and Company Secretary and a Member of the Executive Committee. He will join ABB in 2024 and succeed Natalia Shehadeh, who has held the position of General Counsel and Company Secretary ad interim since June 1, 2023, and who in the future will focus on her role as Chief Integrity Officer of ABB. Natalia will remain in her
Group press release 2023-10-24 ABB contributes to new report showing how industry can reduce global carbon emissions by 11% by 2030 while saving $437 billion annually As industry is facing the unprecedented challenge to meet global decarbonization targets while addressing growing demand, a new report from the Energy Efficiency Movement (EEM) demonstrates how businesses can start acting immediately. The EEM is a global forum founded by ABB, and now consisting of more than 400 organizations, that shares ideas, best practices and commitments to create a more
Press release 2023-10-18 ABB factory celebrates 50 years at the forefront of sustainable analytical technologies ABB is marking the 50th anniversary of its Quebec Measurement & Analytics factory which today manufactures market-leading products for industrial analytical measurement and is one of the largest suppliers of optical sensors for detecting greenhouse gas emissions from space. What began as a local enterprise, Bomem Inc., founded in 1973 by visionaries Dr. Henry Buijs, Garry Vail and Jean-Noel
Press release 2023-10-15 ABB to push boundaries of methane emissions monitoring with funding from U.S. Department of Energy ABB has received significant funding from the U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to design an Integrated Methane Monitoring Platform that will advance the development of new and innovative methane measurement, monitoring and mitigation technologies in the United States. The total value of the project is
Press release 2023-10-13 ABB survey reveals unplanned downtime costs 242,000 CAD per hour According to the new “Value of Reliability” survey from ABB, 68% of industrial businesses experience unplanned outages at least once a month, compared to 69 percent globally. This costs the typical Canadian business* close to 242,000 CAD per hour, compared to 170,000 CAD globally. Despite this, 19% percent of Canadian businesses surveyed still rely on run-to-fail maintenance. The survey, conducted
Group press release 2023-09-27 ABB and Export Development Canada agree on global partnership for financing clean tech projects ABB and Export Development Canada (EDC), Canada’s export credit agency, have signed a global partnership to promote investments in sustainable technologies and projects in Canada and around the world. The support provided by EDC, with a total limit of up to US$ 2.9 billion, will provide ABB’s customers with financing and insurance solutions to strategic electrification and automation projects in
Press release 2023-09-21 ABB Breaks ground on a Canadian Installation Products Division facility As a next step to the previously announced $16 million investment, ABB in Canada breaks ground for the expansion of its Installation Products plant in Pointe-Claire, Quebec. The facility will expand by 30,000 square feet to 65,000 square feet and once completed in 2024 will create 40+ new jobs. Increased production capacity will better meet Canada’s growing demand for safe, smart and sustainable
Press release 2023-09-19 ABB and Porsche Consulting driving the future of analyzer manufacturing ABB has partnered with Porsche Consulting, a leading management consultancy and a subsidiary of the sports car manufacturer, to reshape the landscape of analyzer manufacturing, solidifying ABB’s position at the forefront of the analyzer market. The collaboration drives the deployment of a mixed-model production line for ABB’s process and laboratory analyzers manufactured in Canada, leveraging best
Group press release 2023-09-08 ABB invests in strategic partnership with clean energy start-up to offer end-to-end wind energy portfolio ABB Motion and WindESCo, have signed a strategic partnership, where ABB has acquired a minority stake in the company through its venture capital unit, ABB Technology Ventures (ATV). US-based WindESCo is the leading analytics software provider for improving the performance and reliability of wind turbines. Leveraging WindESCo’ solutions, the investment will strengthen ABB’s position as a key
Group press release 2023-08-22 ABB invests in edge-to-cloud platform innovator Pratexo ABB is investing in a strategic partnership with Pratexo, an edge-to-cloud acceleration platform company. The partnership involves a minority investment in Pratexo through ABB’s venture capital unit, ABB Technology Ventures (ATV). Financial details of the investment were not disclosed. Pratexo’s technology platform supports IoT and artificial intelligence initiatives which demand compute power at
Article 2020-09-17 Formula E tech crosses over from racetrack to road In the documentary , engineers present a prototype battery to Alejandro Agag, founder and chief executive of Formula E Holdings. “The dream will be if this can weigh two kilos instead of 300,” says Mr Agag. Charging a car should be as easy as charging a mobile phone, he adds, only half-joking.
Story 2020-09-11 Taking an important step to strengthen inclusive culture ABB does not discriminate on any grounds: gender, ethnic, sexual orientation, cultural, social, religious or other. The company is moving into a new era of Diversity and Inclusion where it will extend its diversity dimensions to include LGBTQ+.
Group internal article 2020-06-08 Around the world in three minutes On World Environment Day, we take a tour of some of the ways our technology supports organizations, cities and communities in being more environmentally friendly
CEO message 2020-03-27 How ABB is helping to tackle the coronavirus crisis Having led several industrial companies over the course of my career, I can truly say that the job of running a business has changed almost beyond recognition in recent weeks. Since I took over as CEO of ABB on March 1, COVID-19 has become a global pandemic, affecting the lives of billions of people, and challenging the way we do business, work and live. Globally, COVID-19 is also severely
Important Update 2020-03-23 Webpage country information ABB is constantly monitoring the development of the situation around the pandemic of the novel coronavirus disease (COVID-19) and is following applicable national health services regulations and WHO guidance to contain the spread of the novel coronavirus.
Story 2020-03-16 How ABB technology is supporting a sustainable future for Arctic shipping High in the Arctic Circle lies the Northern Sea Route, one of the planet’s vital shipping arteries. Despite passing through waters which are mostly frozen, the route connects east and west, allowing cargo to be transferred from northern Europe to north-east Asia via the Bering Strait.
Story 2020-01-22 On course for a sustainable future with artificial intelligence Many people view artificial intelligence as something unknown, intangible or even unsettling, although hardly any area of life is exempt today. We spoke to Dalith Steiger, a leading expert in AI, about the latest developments in the field and how this technology will change mobility and other aspects of life.
Group release 2020-01-21 ABB and Ericsson pave the way for digital transformation of industries ABB and Ericsson, together with Swisscom, showcase for the first time, how easily and effectively robots can be controlled over wide distances utilizing the real-time communication capabilities of 5G. During WEF 2020, world leaders will witness the potential of no-latency communication enabled by 5G. At the Congress Center in Davos, Switzerland, an ABB YuMi® collaborative robot will carve a
Press release 2019-12-04 ABB Canada appoints Eric Deschenes as Country Managing Director and Head of Electrification business ABB Canada has appointed Eric Deschenes as Country Managing Director and Head of the Electrification business, effective January 1, 2020. Prior to joining ABB in 2017 as Executive Vice President of the Electrification business, Deschenes was most recently North American Vice President of Mining, Minerals & Metals Segment at Schneider Electric. Having spent 15 years at Schneider Electric, he held
Thought Leadership 2017-02-13 What could be better than a bus for moving lots of people around the streets of North America’s cities? It’s not a new discovery that mass transit is better for the environment than driving everywhere in your own car. And in busy urban centers, it hasn’t escaped anyone’s notice that a well-designed transit system can get you where you’re going faster than a car stuck in a traffic jam. But buses have been around for a while, and hopping on a bus isn’t usually thought of as an exciting trip to the