At the start of the day, Economy Minister Franz Fayot gave the opening speech at the conference organized by the Luxembourg Private Equity Association (LPEA), which aimed, on the one hand, to promote Luxembourg as a central leading financial institution in the area of investment funds and, on the other hand, to highlight the many opportunities for companies to raise funds in Luxembourg. The event brought together around 70 participants.
At the end of the event organized by LPEA, the delegation went to Luxembourg House, where the offices of the Luxembourg Trade and Investment Office in New York are located, where Michel Franck, president of the Luxembourg American Chamber was waiting for them. Commerce (LACC) and Toni Dudsak, CEO of LACC. They were awarded an honorary award by HRH the Hereditary Grand Duke and the Minister of Economy, respectively, for their many years of dedication to promoting the Grand Duchy in the United States and strengthening relations between the two countries.
At the same time, the Minister of Health Paulette Lenert visited the world leader in the care of patients of all ages, research and educational programs, Memorial Sloan Kettering. Founded in 1884, the center is at the forefront of the fight against cancer and recognized as one of the most respected centers in the world.
A health delegation was also hosted by the New York Genome Center, an independent, non-profit academic research institution that serves as a multi-institutional center for collaborative genome research.
At the end of the day, HRH the Hereditary Grand Duke, the Minister of Health Paulette Lenert and the Minister of Economy Franz Fayot attended the 10th Luxembourg-American Business Award ceremony during a gala evening in New York, organized by the Luxembourg-American Chamber of Commerce and the Luxembourg Trade & Investment Office in New York.
For this 2022 edition, the award was given to the DuPont group, which has been present in Luxembourg since 1962 and which recently invested in its site in Contern in order to expand its production line for Tyvek, this material with insulating properties that especially used in protective clothing for healthcare workers developed by DuPont.
Organized by the Luxembourg American Chamber of Commerce (LAC), Business Award Every two years, it rewards American companies established in the Grand Duchy for their important role and their lasting contribution to the Luxembourg economy. Past winners include Amazon, Goodyear Rubber & Tire Company, Guardian Industries, Avery Dennison Corporation, Husky Injection Molding Systems, Delphi Corp, Airtech Advanced Materials Group and Ampacet Corporation. DuPont is awarded this award for the second time after an interval of exactly 20 years.
During the award ceremony, HRH the Hereditary Grand Duke said: “DuPont is the perfect example of long-term cooperation and friendship between Luxembourg and the United States, between Europe and America. With this award, we honor the trust that DuPont has shown in Luxembourg by contributing to the diversification and prosperity in our economy and to the friendship between the United States and Luxembourg 20 years After winning this award for the first time, DuPont maintains its long-standing commitment to the Grand Duchy, excellence and innovation.My sincere gratitude and appreciation goes to the CEO and the entire Dupont team. “
The Minister of Economy added: “DuPont is one of the flagships of Luxembourg industry, of which we are very proud in Luxembourg. DuPont’s strategy is fully in line with our vision for the future of the economy and Luxembourg society: it is focused on sustainability. development and the includes efforts in relation to the circular economy and reduction of greenhouse gas emissions.As Minister of the Economy, I would like to thank the entire DuPont Group, its managers and its staff, both in Luxembourg and in the United States, for their many years of commitment to Luxembourg. Congratulations on this 10. Luxembourg -American Business Award.”
Communicated by the Ministry of Economy and the Ministry of Health