Business Wire News

600 V 12 A diodes can replace SiC parts in automotive applications

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced its 600 V 12 A Qspeed diode, delivering the industry’s lowest reverse recovery charge (Qrr) for a silicon diode. With a Qrr of just 14 nC at 25 °C, it improves efficiency of the PFC stage of on-board chargers and significantly reduces the thermals of the PFC MOSFETs. The AEC-Q101-qualified QH12TZ600Q offers the same low-switching loss performance of a silicon carbide (SiC) device without the disadvantages of moving to more expensive technology.



Edward Ong, senior product marketing manager at Power Integrations said: “The Qrr of these new Qspeed diodes is half that of the next best ultra-fast silicon diodes, resulting in very high system efficiency. This is particularly important for automotive on-board charger applications that require higher switching frequency to reduce volume and weight, and enables the Qspeed diodes to replace SiC devices.”

The QH12TZ600Q uses merged PiN and Schottky diode technology to achieve high performance. Its smooth reverse recovery current transition characteristics not only increase efficiency, but also reduce EMI and peak reverse voltage stress, eliminating the need for snubbers when used as output rectifiers in on-board chargers. Devices are available in the compact, 2.5 kV isolated TO-220 package which enables direct mounting to metal heat sinking, facilitating excellent thermal performance.

Availability & Resources

The new 600 V 12 A Qspeed diodes are priced at $1.17 in 10,000-piece quantities. For further inquiries contact a Power Integrations sales representative or one of the company’s authorized worldwide distributors: Digikey, Farnell, Mouser, and RS Components.

About Power Integrations

Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information, please visit www.power.com.


Contacts

Media Contact
Diane Vanasse
Power Integrations
(408) 242-0027
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Press Agency Contact
Nick Foot
BWW Communications
+44-1491-636 393
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DUBLIN--(BUSINESS WIRE)--The "LATAM Oilfield Chemicals Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.


The market for LATAM Oilfield Chemicals is expected to witness a moderate growth, registering a CAGR of 1.95% during the forecast period. The major factors driving the growth of the market studied are the increasing offshore activities in Brazil, Mexico, and Argentina.

Companies Mentioned

  • Ashland
  • Baker Hughes, a GE company
  • BASF SE
  • Clariant
  • Croda International PLC
  • Dow
  • Ecolab Inc.
  • Exxon Mobil Corporation
  • Halliburton
  • Huntsman International LLC
  • Petrolab Industrial E Comercial Ltda
  • Schlumberger Limited
  • Solvay
  • Weatherford International Plc

Key Market Trends

Increasing Demand from the Drilling and Cementing Segment

  • In the drilling segment, oilfield chemicals are used to stabilize temperature and prevent contaminated products from entering the drilling fluid system.
  • They are also added as additives to the drilling fluids used to maintain the hydrostatic pressure and clear the wellbore from cuttings. The rise in the deep-water drilling activities is expected to drive the oilfield chemicals market in the future.
  • The rise in the deep-water drilling activities is expected to drive the oilfield chemicals market in the future. Moreover, the strong demand for drilling segment in the Latin American market, as well as the new joint ventures and mergers among the existing big players in the market, are expected to engender huge opportunities in the LATAM oilfield chemicals market.
  • Latin America is expected to have a significant share in the oilfield chemicals market, due to the increasing exploration and production activities in Brazil, Mexico, Guyana, and Argentina. The companies operating in the region are taking additional steps in technology and performance for cost-effective operations, due to tight investment budgets.
  • Argentina has a vast shale formation, which is considered to one of the biggest in the world to offer tempting projects for the major oil companies. Loma Campana Field Development project in Argentina is still in the drilling and appraisal stage. It is expected that YPF, Argentina's national integrated company will soon step-up drilling efforts to achieve full production and reach a target of 100,000 boe/d by 2024. This factor provides a huge opportunity for the drilling and cementing activities in Latin America. In this market, the conventional drilling motors are challenged, and the rotary steerable systems are needed to drill the longer wells.
  • The increased exploration activities in Guyana, Brazil, Colombia, and Falkland Islands are expected to increase the drilling and the production of chemicals, resulting in higher demand for cementing chemicals. The demand for technologically advanced in cementing chemicals is expected to boost the growth of the market.

Brazil to Dominate the Market

  • The oil and gas sector in Brazil continue to improve, despite weakness in the external environment. The country's oil and gas sector has been going through the greatest transformation since the foundation of Petrobras in 1953. For the first time ever, the National Energy Policy Council (CNPE) approved a multi-year bid round calendar from 2017.
  • Recently, the Brazilian government raised around USD 2.4 billion in signature bonus, under the country's 15th round of bids for oil and gas blocks. The national oil regulator, National Agency of Petroleum, Natural Gas, and Bio-fuels (ANP), awarded 22 maritime blocks from the 47 offered.
  • In 2016, the Brazilian government passed an offshore oil bill that allows greater private and foreign investments in the development of Brazil's offshore oil blocks.
  • In addition, some of the projects that are lined for the completion of the well-development phase in 2024 include Itapu (Surplus), Libra Phase 4, and lara Entorno (Surplus). All these upcoming projects are expected to drive the demand oilfield chemicals in the country.
  • These reserves, coupled with advancements in offshore drilling technologies are expected to increase the domestic and foreign investment during the forecast period. In addition, the recent political on goings due to the Petrobras corruption scandal are expected to lead to changes in the regulatory policies of the oil and gas industry, paving way for more private investments in the sector. This is expected to add up to the demand for oilfield chemicals in the country.

Key Topics Covered:

1 Introduction

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Increasing Offshore activities in Brazil, Mexico & Argentina

4.2 Restraints

4.2.1 Downfall of Venezuela Economy

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

4.4.1 Bargaining Power of Suppliers

4.4.2 Bargaining Power of Consumers

4.4.3 Threat of New Entrants

4.4.4 Threat of Substitute Products and Services

4.4.5 Degree of Competition

5 MARKET SEGMENTATION

5.1 Chemical Type

5.2 Application

5.3 Geography

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Discovery of Potential Oil and Gas Reserves in the Region

For more information about this report visit https://www.researchandmarkets.com/r/c4qevu


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Loop Energy (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell-based solutions, announces the order of the company’s S300 fuel cell module to Slovakia-based company, Mobility & Innovation a.s. (M&I), to fuel the electric powertrain of their new 8-meter transit bus as part of the company’s M&I composite platform. This order is the first under the commercial agreement signed between the parties, which anticipates over $1.9 million USD in fuel cell shipments from Loop Energy over the next two and a half years.


“This marks the start of a new era in Slovakian bus manufacturing,” said János Onódi, Chief Executive Officer and Co-Owner of Mobility & Innovation a.s. “Combining our best-in-class lightweight composite body truck and our technology with Loop Energy, one of the best fuel cell platforms in the world, is a natural and exciting next step for us.”

M&I is the developer of a lightweight and zero-emission city bus platform, known for its zero emissions powertrain and industry leading GVWR (Gross Vehicle Weight Rating) for a zero-emission transit bus vehicle. Manufactured with laminate composite materials, M&I buses are lighter than comparable steel vehicles. The low-curb weight enables greater passenger capacity, while still meeting even the most stringent of axel load requirements.

To further meet the need for both power density and fuel-efficient energy, M&I has selected Loop Energy to provide their proprietary fuel cell modules. Loop can deliver power and enable a smaller fuel storage system without compromising the weight or range of the bus. The fuel cell system will also aid in improved total cost of ownership for M&I’s customers.

“Mobility & Innovation’s M&I family of vehicles offers a great fit with both municipal and private bus fleet operators’ requirements. We are very excited about being a part of the upcoming launch of the hydrogen electric model of the M&I bus,” said George Rubin, Chief Commercial Officer of Loop Energy. “Municipal transit is a great example of a vertical market with a very strong business case for hydrogen electric vehicles and as a result, we maintain a strong focus on establishing strategic partnerships with bus OEMs across the key geographic markets.”

About Mobility & Innovation a.s.

Mobility & Innovation a.s. is a Slovakia-based company responsible for the development of composite lightweight, zero-emission city bus platform. M&I’s platform is known for its hydrogen electric powertrain and industry leading GVWR (Gross Vehicle Weight Rating) for a zero-emission transit bus vehicle, while its low curb weight enables greater passenger capacity while still meeting even the most stringent axel load requirements. For more information, please visit http://mobility-inovation.sk/hu.html.

About Loop Energy Inc.

Loop Energy is a leading designer of fuel cell systems targeted for the electrification of commercial vehicles, including, light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow™ technology in the fuel cell stack’s bipolar plates. eFlow™ was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management’s current expectations regarding future events. Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under “Risk Factors” in the final long-form prospectus of the Company dated February 18, 2021. Loop disclaims any obligation to update these forward-looking statements.


Contacts

Loop Energy Media Contact: Ashley Eisner | Tel: +1.212.697.2600 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Loop Energy Business Contact: George Rubin | Tel: +1.604.828.8185 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Loop Energy EMEA Contact: Luigi Fusi | +39.028457.3048 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Energy Services Companies are Poised for Growth as Demand for Clean Energy, Resiliency, and Outsourced Energy Management Solutions Rises


MONTREAL--(BUSINESS WIRE)--#decarbonization--A new report from Atlas Energy Intelligence analyzes the North American energy service company (ESCO) market to provide insights into the role that the ESCO model will play in the broader energy transition.

Since the 1970s, ESCOs across North America have provided a wide range of public and private sector customers with comprehensive, self-funding energy efficiency retrofit solutions, particularly in the federal and MUSH (municipalities, universities, schools, and healthcare) sectors. Today, these customers are driven by other priorities as well, such as carbon neutrality and resiliency, which ESCOs have responded to with solutions that integrate distributed energy technologies such as solar PV, energy storage batteries, and microgrids.

“While ESCOs have been operating in North America for decades, they are finding new applications in the current energy landscape given the adaptability of the ESPC model to new innovations in distributed energy,” said Eric Bloom, Managing Director, Atlas Energy Intelligence. “As the U.S. and Canada look to emerge from the COVID-19 pandemic by building cleaner and more resilient infrastructure, the ESCO model is well-positioned for growth.”

According to the report, The North American Energy Service Company (ESCO) Market, ESCO revenues will grow from $4.9 billion in 2021 to $6.5 billion in 2027 at a combined annual growth rate of 4.8%. The market forecasts provide detailed information on growth across all customer verticals (federal, local/state/provincial government, K-12 schools, higher education, healthcare, public housing, and commercial), and segments the market by service type (ESPC, design-build, and O&M services), with individual forecasts for the United States and Canada. An executive summary and table of contents for the report can be downloaded at the Atlas Energy Intelligence website.

About Atlas Energy Intelligence

Atlas Energy Intelligence is a market research and strategy consulting firm that helps all types of organizations - manufacturers, project developers and integrators, utilities, government agencies, and others - navigate the rapidly changing clean energy landscape. The company’s deep expertise in analyzing market developments for renewable energy, energy efficiency, intelligent grid technologies, smart cities, and other segments of the clean energy sector helps position customers for success in the ongoing energy transition.


Contacts

Eric Bloom, This email address is being protected from spambots. You need JavaScript enabled to view it., +1 (438) 797-5036

EagleClaw Midstream Intends To Reach Net Zero GHG Emissions By No Later Than 2050

HOUSTON--(BUSINESS WIRE)--EagleClaw Midstream today announced it has issued its first ESG report and identified bold steps in its plan to achieve net zero greenhouse gas emissions by 2050. This plan will position EagleClaw Midstream to be an industry leader in sustainability and the ongoing energy evolution.


“We are delighted to share news of our sustainability progress in our inaugural ESG report,” said Jamie Welch, President and CEO of EagleClaw Midstream. “We are grateful to have incredibly talented and committed employees, suppliers and customers who all share our vision of working together to collectively stem the impacts of climate change for future generations.”

Company Charts Course to Improve ESG Performance

Although EagleClaw Midstream began reporting ESG results in 2020, efforts were put in place years prior to build robust data gathering, analysis and reporting capabilities to be able to publish this year. Welch noted the Company will continue to pursue innovative and creative ideas that meaningfully improve its short- and long-term performance in addition to creating additional metrics to track performance.

The Company has worked with employees across the organization to develop its roadmap to improve its ESG performance. To achieve its carbon neutrality and methane intensity goals, the Company intends to amongst others:

  • Migrate a significant portion of its company vehicle fleet to electric vehicles over the next several years;
  • Invest further in emissions monitoring, control and reduction equipment;
  • Expand use of electric compression across its system where feasible; and,
  • Explore potential application for a grant from the Department of Energy to evaluate carbon capture technologies to utilize and eventually deploy to achieve net zero carbon emissions.

Beyond these investments in its operations, EagleClaw Midstream pays market competitive salaries and bonuses. In addition, EagleClaw Midstream will implement in 2022 a new performance bonus structure for all its employees, tying 20% of bonuses to the achievement of ESG goals.

EagleClaw Midstream recently formed a Carbon Reduction Task Force to identify solutions to further reduce the company’s carbon footprint toward its long-term goal of net zero GHG emissions by 2050. Welch said the team includes experts in tax, safety and environmental compliance, finance, commercial, accounting, legal, operations, engineering and sustainability, thus bringing a multi-disciplinary approach to this complex challenge.

EagleClaw Midstream expects to achieve single-digit reductions in its carbon emission level by 2025 compared to its 2020 base year. Lowering its carbon output will result from new technology and operational practices to be put in place.

The Company also plans to develop and enact a policy on its commitment to diversity, inclusion and equity, adding to its already comprehensive program that includes required training on diversity and inclusion topics, special events to celebrate cultural heritage of its employees, and guest speakers on D&I topics.

EagleClaw Midstream also will participate in the ONE Future report for 2021, adding even greater transparency as to its progress in reducing methane emissions.

“I am excited to undertake this ESG journey with each and every employee at EagleClaw Midstream. Through our collective efforts, we will achieve our goals and ultimately, our commitment to the environment, safety and well-being of our employees and our commitment to our communities” added Welch.

New 2020 ESG Report Highlights Emissions Reduction, COVID-19 Response

The Company’s 2020 methane intensity rate was .057%, which is approximately 40% below the 2025 ONE Future target of 0.08%. That is a significant achievement in and of itself. EagleClaw Midstream is a member of ONE Future and joined in 2020.

In addition, two critical measures of its safety performance on which there has been significant recent emphasis and focus, Total Reportable Injury Rate (TRIR) and Motor Vehicle Incident Rate (MVIR), have also started to exhibit meaningful improvement, Welch explained.

EagleClaw Midstream also shared details of its recent support to employees and communities in need due to the challenges posed by COVID-19 and the related human health, education and economic consequences on the communities in which the Company operates.

The Company also highlighted its efforts to improve diversity and inclusion:

  • Adding its first Independent Director to the Board thereby increasing its female Board membership to two;
  • Increasing the number of Board Members under 50 to seven; and,
  • Joining ALLY and expanding training efforts to build a more inclusive, diverse, and transparent work culture.

EagleClaw Midstream also shared that it had executed an agreement to source 100% of the electricity used in operations from renewable energy sources beginning in April of 2021. The Company said it is the first major gathering and processing company in the Permian Basin to procure 100% of its power for operations from renewable energy sources.

Blackstone Senior Managing Director & Global Head of Blackstone Energy Partners, David Foley, and Adil Rahmathulla, Managing Partner of I Squared Capital, added, “We have seen EagleClaw Midstream create and execute an impressive ESG program. We are excited as to the future for EagleClaw Midstream and look forward to seeing even more progress.”

The Company’s ESG report aligns with reporting frameworks established by the Sustainable Accounting Standards Board (SASB), Global Reporting Initiative (GRI) and the Energy Infrastructure Council/Gas Processing Association’s recently released reporting framework.

About EagleClaw Midstream

EagleClaw Midstream is a fully integrated, private midstream company that safely, responsibly, and sustainably operates in the heart of the Delaware Basin with over 650,000 acres under long-term dedication. EagleClaw Midstream is headquartered in Midland and has a significant presence in Houston. EagleClaw Midstream provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The Company is the largest private gas processor in the Delaware Basin, with 1,320 MMcf/day of capacity and more than 1,400 miles of operated pipelines. EagleClaw Midstream has long-term dedications for gas, crude, and water midstream services from approximately 30 successful and active producers in the Delaware Basin. EagleClaw Midstream is also a partner on the Permian Highway Pipeline project.

For more information, please visit our website at www.eagleclawmidstream.com.

To see EagleClaw Midstream’s inaugural ESG report, click here: https://www.eagleclawmidstream.com/wp-content/uploads/2021/06/EagleClaw_Midstream_2020_ESG_Report.pdf


Contacts

Jim Schwartz
Senior Director, Corporate Communications & Sustainability
832-571-7457 (mobile) or This email address is being protected from spambots. You need JavaScript enabled to view it.

BOSTON--(BUSINESS WIRE)--#Empowered--Schneider Electric CEO and Chairman Jean-Pascal Tricoire has been named a Glassdoor Top CEO for his ongoing commitment to building an inclusive and empowering employee culture that drives innovation and sustainability.


Glassdoor, the worldwide leader in insights about jobs and companies, released its annual Employee Choice Award recognizing the top CEOs in countries throughout North America and parts of Europe. Tricoire ranked second in France and eighth in Canada based on anonymous and voluntary employee feedback throughout the past year. Globally, he holds a 97% approval rating from employees, 24 points higher than the Glassdoor CEO average.

“Great People make Schneider Electric a Great company,” says Charise Le, Chief Human Resources Officer at Schneider Electric. “I am delighted that our employees recognize we collectively drive a meaningful purpose to enable progress and sustainability for all. At the same time, we are committed to providing equal opportunities to everyone, everywhere so that our employees are empowered to innovate and manage their unique life and work.”

Since being named CEO in 2006, Tricoire’s leadership has helped transform Schneider into a global group, extending the scope of the company's activities from a vendor of electrical products to a supplier of digital systems. Tricoire’s commitment to sustainability, founded within the purpose of “empowering all to make the most of our energy and resources”, led to Schneider being recognized as the 2021 Most Sustainable Corporation in the World by Corporate Knights.

Earlier this year, Tricoire’s tenure on the United Nations Global Compact Board was extended for an additional three years as he wraps up his five-year stint as one of the 10 corporate U.N. #HeForShe IMPACT champions. Over the past six years he has led the company in achieving three commitments to advance gender equality, including bringing worldwide pay equity to 99.6% of the global workforce, above the initial goal of 95%.

When employees submit reviews about their employer on Glassdoor, they are asked to rate several factors tied to their employment experience. These include rating sentiment around their CEO’s leadership as well as senior management, among others. Specifically, when rating their CEO on Glassdoor, employees are asked to report whether they approve, disapprove or have no opinion about their CEO’s performance. Across the 1.5 million employers reviewed on Glassdoor, the average CEO approval rating is 73%.

About Glassdoor Top CEO

Employees’ Choice Award winners for the 2021 Top CEOs are determined using Glassdoor’s proprietary algorithm, taking into account the quantity, quality and consistency of Glassdoor-approved company reviews shared by France and Canada-based employees between 2nd May, 2020 and 1st May, 2021. To be eligible for the 25 Top CEOs - France, employers must have received at least 25 ratings across the two leadership attributes from France-based employees and have at least 1,000 employees at the end of the eligibility time frame. To be eligible for the 25 Top CEOs - Canada, employers must have received at least 25 ratings across the two leadership attributes from Canadian-based employees and have at least 1,000 employees at the end of the eligibility time frame. For reporting simplicity, CEO approval ratings are displayed as whole numbers, though calculations extend beyond the thousandth decimal place to determine final rank order. Complete award methodology can be found and downloaded here: https://www.glassdoor.co.uk/Award/index.htm

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Discover Life Is On

Follow us on:
https://www.twitter.com/SchneiderNA
https://www.facebook.com/SchneiderElectricUS/
https://www.linkedin.com/company/schneider-electric
https://www.youtube.com/user/SchneiderCorporate
https://www.instagram.com/schneiderelectric/
http://blog.se.com/

Hashtags: #LifeIsOn: #OurImpact #SEGreatPeople #Meaningful #Inclusive #Empowered


Contacts

Schneider Electric Media Relations – Thomas Eck This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

MIDLAND, Texas--(BUSINESS WIRE)--Colgate Energy Partners III, LLC (“Colgate”) announced today that, subject to market conditions, it intends to offer for sale in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $400 million in aggregate principal amount of senior unsecured notes due 2029. Colgate intends to use the net proceeds from this offering to fund a portion of the acquisition of certain assets of Occidental in Reeves and Ward Counties (the “Occidental Acquisition”).

The securities to be offered have not been registered under the Securities Act, or any state securities laws, and unless so registered, the securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Colgate plans to offer and sell the notes only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to persons outside the United States pursuant to Regulation S under the Securities Act.

This communication shall not constitute an offer to sell, or the solicitation of an offer to buy, any of these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This communication includes statements regarding this private placement that may contain forward-looking statements within the meaning of federal securities laws. Colgate believes that its expectations and forecasts are based on reasonable assumptions; however, no assurance can be given that such expectations and forecasts will prove to be correct. A number of factors could cause actual results to differ materially from the expectations and forecasts, anticipated results or other forward-looking information expressed in this communication, including risks and uncertainties regarding future results, Colgate’s ability to complete the Occidental Acquisition, the sources of funding for any remaining portion of the purchase price for the Occidental Acquisition, capital expenditures, liquidity and financial market conditions, sufficiency of cash from operations, adverse market conditions, governmental regulations, the future actions of foreign oil producers such as Saudi Arabia and Russia and the effects of such actions on the supply of oil, and the impact of world health events such as the COVID-19 pandemic.


Contacts

Michael Poynter
432-695-4222
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HAZEL CREST, Ill.--(BUSINESS WIRE)--#LancoGroup--Lanco International, Inc., parent company of Mi-Jack Products, Inc. of Hazel Crest, Illinois, today announced the sale of its Technical Services International (TSI), Hubert Line and Hubert Rail companies to Remprex, LLC, effective as of the close of business May 31, 2021. Terms of the sale are confidential. Frank Calomino – Executive Vice President of Lanco International, Inc. said, “We recognized early on that Remprex would represent an optimal path forward from a perspective of increased growth and innovation as one of our existing trusted partners and we are excited for both companies.”


Remprex, LLC is a high-growth, technology-enabled company that has expanded rapidly in the last decade into many areas of the transportation ecosystem, including lift operations, engineering, equipment management, IT services and remote operations, all with a view towards leveraging the integration of technology into these services. Remy Diebes, President & CEO of Remprex, said, “We are looking forward to building on the foundation of this great business. We continue to expand our line of services in the rail & port facility space and see unlimited growth opportunities ahead of us.”

Mi-Jack Products will continue to concentrate on building its manufacturing portfolio with expanded product lines in rail, port, and industrial markets. In addition, its efforts to provide parts and service support to its customers will be enhanced with state-of-the-art processes to deliver the best support for all its industries.

Lastly, it continues its commitment to provide industry-leading technical training via the John J. Lanigan Sr. Training Academy (JJLST). Its total immersion approach and multitude of certification paths empower customers’ technicians to develop more independence, become more productive and versatile, as well as reduce risk, all while becoming experts at supporting Mi-Jack equipment.


Contacts

Frank Calomino
Executive Vice President, Lanco International
(708) 589-7514
This email address is being protected from spambots. You need JavaScript enabled to view it.

Remy Diebes
President, Remprex, LLC
(630) 743-7087
This email address is being protected from spambots. You need JavaScript enabled to view it.

The solution’s SAP-certified integration with SAP S/4HANA® offers more than 80 productized and certified services

LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#IEE--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today that the interface software ISAIM 2.0 for the product Itron Enterprise Edition™ (IEE) Meter Data Management System (MDMS) version 10.0 has again achieved SAP certification as integrated with SAP S/4HANA®. The integration helps utilities reduce total cost of ownership and lower project implementation costs, with access to more than 80 productized and SAP-certified services through IEE MDMS.


“For more than 15 years, Itron has partnered with SAP with a commitment to product integration,” said Don Reeves, senior vice president of Outcomes at Itron. “This latest certification demonstrates that commitment to ensure integration of the interface software ISAIM 2.0 for the product IEE MDMS version 10.0 with SAP S/4HANA. The long-term collaboration between Itron and SAP means that our customers’ investments in the integration are well preserved. We will adapt to and evolve with new services and functionality as business needs change.”

As utilities undergo digital transformation, it is critical that meter data management (MDM) solutions support rapidly expanding use cases with an increasing volume of data and analytics – at scale. IEE MDMS helps utilities evolve and leverage their data management vision and strategy through a flexible, extensible solution. With this certification, utilities will have access to a wide range of SAP and IEE MDMS-integrated use cases, such as meter configuration, export of interval data, two-way controls like connect/disconnect, billing request and response and more. Utilities have the option to use all 80 services, or a subset, depending on the business needs and requirements.

The SAP® Integration and Certification Center (SAP ICC) has certified that the interface software ISAIM 2.0 for the product Itron Enterprise Edition™ (IEE) Meter Data Management System (MDMS) 10.0 integrates with SAP S/4HANA using standard integration technologies. SAP S/4HANA is a future-ready ERP system, with built-in intelligent technologies, that transforms business processes with intelligent automation and runs on SAP HANA – a market-leading in-memory database that offers real-time processing speeds and a dramatically simplified data model.

“Itron has more than a dozen customers who have implemented integrations with SAP S/4HANA via Itron’s solution, representing more than 25 million endpoints,” added Reeves. “More than half of these customers have been in production for more than 10 years. The integration of the interface software for IEE MDMS with SAP S/4HANA continues to become more robust due to the extensive experience with these customers.”

Itron Enterprise Edition (IEE) Meter Data Management System (MDMS) is an industry-leading data management solution for residential gas, water and electric meters, C&I meters and IoT sensors. The ever-evolving platform provides utilities and cities with the flexibility, value and functionality needed regardless of deployment size. IEE MDMS is one of the most globally deployed meter data management system in the world. The installed base comprises over 100 customers across six continents with more than 45 million meters in production.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

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Contacts

Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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DUBLIN--(BUSINESS WIRE)--The "Needle Coke Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.


The premium type of petroleum coke and coal tar based coke is needle coke. Coke is a byproduct of oil refining and coal gasification process and is used as a fuel to manufacture iron, steel and anodes for aluminum smelters. Higher quality ultra-high power (UHP) graphite electrodes and cathode electrodes to melt the scrap metal for recycling steel in the electric arc furnace (EAF) are manufactured from needle coke. For the production, of needle coke the separation of heavy fraction of aromatic feedstock is required to be done in fractionation unit. The thick fraction is then fed to coker unit to attain coking temperatures (3000ºC). The furnace operation is critical since it has to 'delay' the feed to attain desired temperature. This minimizes the coke formation in the furnace. Thus, the effective extraction of needle coke is done in this step which is similar to delayed coking.

Based on the type of needle coke, the market is segmented into oil & gas and coal tar pitch derived. Needle coke is the major heating elements used in an electric arc furnace (EAF) for steel making. Scrap from old cars or appliances are melted to form steel. The EAF steel furnace requires high quality coke for graphite electrode manufacturing. The demand from steel industry for specialty cokes is increasing for UHP (Ultra High Power) EAF to produce steel. The developed economies have huge demand of steel and aluminum due to its high consumption in automobiles, heavy equipment and machineries, aircraft amongst others. Graphitized cathodes are used in aluminum production and graphite electrodes are used in steel production. Thus, for graphitization of electrodes in metal production has led to high demand for needle coke globally.

In terms of grade, the needle coke is bifurcated into base premium, intermediate premium and super premium needle coke. The base premium needle coke has the highest coefficient of thermal expansion (CTE) that is less than 0.65 (10-6/ºC). The sulfur content is less than 0.6% and hydrogen content is in the range of 0.035-0.055%. The intermediate premium coke has the CTE less than 0.5 (10-6/ºC). The xylene content is 2.12 g/cm3 and hydrogen content is similar to base premium type. The super-premium needle coke has sulfur content less than 0.4%. The coefficient of thermal expansion is less than 0.4 (10-6/ºC) Max. World's biggest manufacturers of needle coke also have super premium needle cokes with CTE as low as 0.1 (10-6/ºC) Max. On the basis of end-user, the market is segmented into steel industry, aluminum industry, nuclear power plants and others (lithium batteries, aerospace, etc.)

U.S., China and Japan are the world's top manufacturers of needle coke. India, Russia, Germany and the U.K are the other major countries where needle coke and graphite electrode manufacturing is based. The world's largest manufacturer of needle coke is Conoco Phillips (Phillips 66). There are only 2 companies in the world which derive needle coke from coal tar pitch. Both the companies are Japan based. As of 2021, the global EAF based steel production is expected to witness high growth rate. This has led to similar rise in demand of the graphite electrodes. Eventually, the rise in graphite electrode demand is expected to trigger the demand for needle coke.

Companies Mentioned

  • Indian Oil Corporation (IOC)
  • Phillips 66
  • Mitsubishi Chemicals Corporation
  • Royal Dutch Shell Plc
  • SeaDrift Coke LP
  • C-Chem Co. Ltd.
  • Boatailong New Co. Ltd.
  • Graphite India Ltd.
  • HEG Ltd.
  • Petroleum Coke Industries Co. Ltd.
  • Tokai Carbon
  • Nippon Carbon
  • Sinopec Shanghai Petrochemical Ltd..
  • JXTG Holdings

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Overview

3.1 Introduction

3.2 Market Dynamics

3.2.1 Market Drivers

3.2.2 Market Restraints

3.2.3 Opportunities

3.3 Impact Analysis of Drivers, Challenges and Opportunities During the Forecast Period

3.4 Attractive Investment Proposition, by Geography, 2020

Chapter 4 Global Needle Coke Market, by Grade

Chapter 5 Global Needle Coke Market, By Type

Chapter 6 Global Needle Coke Market, by End-User

Chapter 7 Global Needle Coke Market, by Geography

Chapter 8 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/s269ts


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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  • Strategic alliance to support stronger national electrical infrastructure and customers’ Environmental, Social, and Corporate Governance (ESG) goals
  • Collaboration focuses primarily to increase access to sustainable, dependable energy sources for communities often left behind
  • Partnership aims to provide systems that increase energy infrastructure resiliency and lower electricity costs

BOSTON--(BUSINESS WIRE)--#AccessToEnergy--Schneider Electric, the global leader in the digital transformation of energy management and automation, and Citizens Energy Corporation, a Boston-based non-profit energy company, announced a strategic alliance forged to serve local communities in the Northeast in need of access to sustainable energy sources, as well as to align with initiatives set forth in President Biden’s infrastructure plan.


Advancing green power access for all

Citizens Energy Corporation and Schneider Electric’s partnership is designed to support municipalities across New England and will expand to meet additional needs nationwide. Both public and private partnerships are in place to build projects aiding communities in crisis, while combating climate or other disaster-related outages.

“Schneider Electric is thrilled to solidify our relationship with Citizens Energy through this new strategic alliance,” said Donald Wingate, Vice President, Utility & Microgrid Solutions for Schneider Electric. “Their mission to ensure all people have access to clean energy resources for their basic needs is aligned with Schneider’s values and Sustainability Impact Goals to bring smarter, greener infrastructure to life that contributes to economic growth and climate action.”

Through this innovative partnership, Schneider Electric will support Citizens Energy’s existing storage and microgrid projects across the entire Northeast region, as well as drive new projects on an ongoing basis to benefit local and regional non-profit organizations and municipalities.

“Our partnership with Schneider Electric comes at a time when more communities than ever struggle to access affordable power that mitigates the effects of climate change,” said Citizens Energy’s Founder and Chairman Joseph P. Kennedy II. “As a result of severe weather that has caused widespread power outages, this partnership is designed to protect vulnerable communities. We’re proud to work with Schneider to make the green energy revolution accessible for all.”

Aligning with President Biden’s infrastructure plans

In the wake of President Biden’s recent unveiling of his infrastructure plan, which includes significant investments to reenergize America’s power infrastructure, the partnership arrives at an opportune moment to further invest in the technology that will provide communities with resilient energy sources.

This new partnership presents a valuable opportunity for municipalities to secure funding for energy infrastructure development ahead of any federal spending. The first project to result from this partnership was launched in Spring of this year on behalf of the Daughters of Mary of the Immaculate Conception, a social services institution in Connecticut. Citizens Energy Corporation is funding the microgrid using the Energy-as-a-Service (EaaS) business model allowing construction to be completed without any up-front costs to the Daughters of Mary. Additional projects will aid critical community structures like schools, hospitals, and emergency response centers with microgrid and energy resilience solutions.

Citizens Energy also partners with the Vineyard Wind project, the first large-scale offshore wind project in North America. Citizens Energy is responsible for managing the Resiliency and Affordability Program (RAP) for some of the projects’ host communities. The RAP could result in EaaS projects that benefit low-income residents of communities affected by the offshore wind project.

For more information about Schneider Electric's microgrid solutions, please visit http://www.schneider-electric.us/microgrid. For more information about Citizens Energy Corporation’s renewable energy projects and programs, please visit www.citizensenergy.com/.

About Citizens Energy Corporation

Citizens Energy Corporation is a Boston-based non-profit founded in 1979 by former U.S. Congressman Joseph P. Kennedy II.

Under his leadership as Chairman, Citizens Energy has compiled a 40+ year history of channelling revenues from successful energy ventures in oil, natural gas, electricity trading, energy efficiency and conservation, transmission, wind power, solar arrays as well as energy storage and microgrids to programs that help the underprivileged.

Citizens Energy owns and operates the largest low-income community shared solar project in the country, located in Imperial Valley, California, as well as the largest program of its kind in Massachusetts, in keeping with its goal to make the renewable energy revolution accessible for all. www.citizensenergy.com

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com

Discover Life Is On

Follow us on:
https://www.twitter.com/SchneiderNA
https://www.facebook.com/SchneiderElectricUS/
https://www.linkedin.com/company/schneider-electric
https://www.youtube.com/user/SchneiderCorporate
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Hashtags: #Microgrid #LifeIsOn #AccessToEnergy #SchneiderElectric


Contacts

Schneider Electric Media Relations – Vicki True; 774-613-1158; This email address is being protected from spambots. You need JavaScript enabled to view it.
Citizens Energy Media Relations – Brian O’Connor; 617-951-0461; This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--#completecommunities--Hess Corporation (NYSE: HES) today announced a $9 million financial commitment over the next three years as part of its Learning for Life Partnership to fund educational programs and support services for children in three economically disadvantaged communities in Houston that are part of Mayor Sylvester Turner’s Complete Communities Initiative. Hess employees will also volunteer time and expertise to support these programs.


The Hess Learning for Life Partnership will benefit approximately 22 schools and more than 13,000 children from pre-K through elementary, middle, and high school in Houston’s Third Ward, Magnolia Park-Manchester, and Second Ward Complete Communities neighborhoods. The partnership expands the scope and reach of Hess’ LEAP (Learn, Engage, Advance, Persevere) educational program, a $7.4 million investment over the last eight years to support students in the Magnolia Park and Second Ward neighborhoods.

Hess Learning for Life grants are being made through the Greater Houston Community Foundation to various nonprofit organizations to address needs identified by Mayor Turner’s Complete Communities initiative, helping ensure that all Houstonians have equal access to quality services and amenities.

“Our company has a proud history of social investment programs that make a positive and lasting impact on the communities where we operate,” said John B. Hess, Chief Executive Officer. “In partnership with Mayor Turner’s initiative, we are delighted to expand our commitment to provide children in the neighborhoods adjacent to Hess Tower in downtown Houston with the academic and social resources they need to reach their full potential.”

“All children deserve an opportunity to pursue their dreams,” said Greg Hill, Hess President, and Chief Operating Officer. “With this partnership, we are supporting the needs of underserved children at every level of their development.”

“Philanthropic support to local nonprofits and volunteerism from corporations, such as Hess, keep Houston’s workforce competitive and youth equipped with the tools they need to succeed. Local schools also need support and corporate stewardship to improves student achievement, reduce absenteeism, and develop strong school-community partnerships,” stated Mayor Turner.

The Hess Learning for Life Partnership will fund STEM equipment and curricula, teacher training, computer equipment, mentorship programs, accreditation initiatives, career life guidance counseling, and other support. It also will provide full scholarships for nine high school seniors each year to pursue a college degree or vocational certification and support work-study programs at the University of Houston and Texas Southern University in the Third Ward.

Nonprofit organizations to receive funding include The Barbara Bush Houston Literacy Foundation’s My Home Library; Big Brothers Big Sisters’ Beyond School Walls mentorship program; Genesys Works’ high school internship program; Communities In Schools’ on-campus student support; Children’s Museum Houston’s science workshop summer camp; Collaborative for Children’s Center of Excellence’s early childhood education programming; Comp-u-Dopt’s computer education series and hardware distribution; Edgenuity’s credit recovery program; C-STEM’s Robotics Prototype toolkits and teacher training; and Alliance Financial Ministries’ student workshops and after-school programs

Schools benefitting from the investment are Briscoe, Blackshear, Carrillo, DeZavala, Foster, Franklin, Gallegos, Hartsfield, KIPP Explore, Lockhart, Peck, Thompson, Tijerina, and Whidby elementary schools; Cullen, Edison, and Ryan (Baylor College of Medicine) middle schools; Austin, Energy Institute and Yates high schools; Texas Southern University and the University of Houston.

About Hess

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information about Hess Corporation is available at http://www.hess.com.

About Houston Complete Communities

Complete Communities is a signature initiative of City of Houston Mayor Sylvester Turner. Its mission is to ensure that all Houstonians have equal access to quality services and amenities that improve their lives. By developing public-private partnerships that tap into the strengths of Houston’s residents, nonprofits, businesses, and philanthropic partners, together, we can build a stronger, more resilient city and make transformational change where it’s needed most. To learn more about the Complete Communities initiative and read the Action Plans created by residents and approved by City Council for the first five Complete Communities, visit the website www.houstontx.gov/completecommunities.


Contacts

Media Contact:
Lorrie Hecker
(212) 536-8250

Companies agree to a two-year extension to enhance Sunrun’s sales and installation channel

MESA, Ariz.--(BUSINESS WIRE)--Titan Solar Power today announced an extension of its existing partnership with Sunrun, the nation’s leading home solar, battery storage, and energy services provider. Titan has selected Sunrun as its exclusive power purchase agreement provider for the next two years as part of the partnership. Titan will leverage Sunrun’s well-known and trusted brand with consumers, as well as its industry-leading home solar and battery offering at no-money-down and a low monthly cost, making clean, and reliable energy affordable and accessible to more American homes across the country.

As part of the partnership, Titan will have access to Sunrun’s technology and sales tools, making it easier than ever for partnered sales representatives to sell Sunrun products and deliver an excellent customer experience.

We pride ourselves on providing our partnered sales dealers with only the best products and tools in the solar industry,” said David Williamson, Titan Solar Power’s CEO and Co-Founder. “This new chapter between Sunrun and Titan will allow our partners’ sales teams to strategically strengthen our footprint in existing markets and fuel our expansion into new states. We are excited for what the future holds with Sunrun.”

Sharing the same mission to help create a planet run by the sun, Titan and Sunrun will help transition Americans away from their dependency on fossil fuels and increase the production of clean, solar energy. Titan has been a Sunrun partner since 2016 and currently installs in 18 states. The company has 35 office locations in its footprint and continues to expand into new markets across the country.

About Titan Solar Power

Titan Solar Power partners with like-minded solar sales companies to deliver world-class installations with industry-leading customer experience. Titan handles all aspects of a solar module installation. “We take pride in our work and know that it will stand the test of time. Solar is what we do and what we excel at.” As a Titan partner, you can rest assured we are just as committed to ensuring every one of your customers are elated with their decision to go solar. https://titansolarpower.com


Contacts

Titan Solar Power:
Samantha Jones
Director of Public Relations and Marketing
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Enviva is recognized for its philanthropic outreach, investments in community development, and its continuous commitment to manufacturing excellence

BETHESDA, Md.--(BUSINESS WIRE)--#BioEnergy--Enviva, a leading renewable energy company specializing in sustainable wood bioenergy, today announced it was the recipient of the Northampton County Chamber of Commerce’s “Corporate Business of the Year” award. The Northampton County Chamber of Commerce was established to advance the general welfare and prosperity of the county as well as to promote economic, civic, commercial, cultural, industrial, and educational interests to enhance the well-being of local citizens. Enviva was selected as a recipient of this year’s award for its commitment to manufacturing excellence, its outstanding community outreach, along with its support of several existing educational and non-profit partnerships within the region.


“We are both honored and humbled to be the recipient of this year’s Northampton County Chamber of Commerce’s ‘Corporate Business of the Year’ award,” said Chris Brown, Senior Community Relations Manager of the Mid-Atlantic at Enviva. “This award further underscores our commitment to leaving a positive impact on the communities we are grateful to serve, and we look forward to strengthening our relationship with the Northampton community for years to come.”

Enviva’s Involvement in Northampton County

Over the last year, Enviva has sponsored and supported several county initiatives including the new Northampton Career and Technical Academy of Innovation, which is slated to open later this fall; the Halifax Community College’s Foundation, which supports student scholarships; and the construction of Northampton County’s new walking trail and playground in Rich Square, which will provide local residents an inclusive community place to enjoy and recreate outdoors.

“Enviva has been a staple of this community since they began their operations here in 2013 and we are honored to present them with this award,” said Judy Collier, Executive Director of the Northampton, North Carolina Chamber of Commerce. “As an active member of this community, Enviva has continuously supported, donated, and invested their time and talents into local organizations and causes. We are very lucky to have Enviva as part of our community as they continue to bring more business and more support to Northampton County. We look forward to working and partnering with Enviva more in the future.”

In an effort to empower and recruit top talent within the community, Enviva actively supports the Halifax Community College’s RAMP East Program — a 96-hour curriculum that helps prepare undergraduate students for a job in the manufacturing industry. Enviva associates provide invaluable input to the training program curriculum and interview graduating program members for positions that may be available at the company’s Northampton and Ahoskie, NC facilities. Several program graduates are now successfully employed by Enviva in those plants, with more currently in the pipeline.

Yet another example of the company’s community engagement is the partnership that started in 2015 with the Roanoke Electric Cooperative and the Sustainable Forestry and Land Retention Project (SFLR), to assist forest landowners in obtaining access to technical assistance, cost-share funds, and certification programs. Enviva also partners with the local organizations, such as the Northampton County NAACP, on several events from back-to-school drives in August to holiday food distributions around Thanksgiving and Christmas.

Enviva’s total economic impact in North Carolina is forecasted to be close to $1 billion annually. In Northampton County alone, Enviva employs 97 full-time workers and on average offers compensation close to 40% higher than the average wage in the county. To-date, Enviva has invested close to $200 million in the Northampton plant.

About Enviva Holdings, LP

Enviva Holdings, LP is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source used to generate electricity and heat. Through its subsidiaries, Enviva Holdings, LP owns and operates wood pellet processing plants and deep-water export terminals in the U.S. Southeast. We export our pellets to power plants in the United Kingdom, Europe, and Japan that previously were fueled by coal, enabling them to reduce their lifecycle carbon footprint by more than 85 percent. We make our pellets using sustainable practices that protect Southern forests and employ about 1,200 people and support many other businesses in the U.S. Southeast. Enviva Holdings, LP conducts its activities primarily through two entities: Enviva Partners, LP, a publicly traded master limited partnership (NYSE: EVA), and Enviva Development Holdings, LLC, a wholly owned private company. To learn more about Enviva Holdings, LP, please visit our website at www.envivabiomass.com.


Contacts

MEDIA CONTACT:
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+1 301-657-5560

Madagascar-based terminal enhances operations to better service customers in key global markets

OAKLAND, Calif.--(BUSINESS WIRE)--Navis, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Madagascar International Container Terminal Limited (MICTSL), operated by ICTSI Group, has gone live with the latest version of its flagship TOS, Navis N4 3.8. MICTSL has been running on N4 since 2013, and is one of the first ICTSI operated locations to upgrade to the newest version of the TOS.


Strategically located on the eastern coast of Madagascar, MICTSL is a key facility in the Indian Ocean connecting African and Asian trade. MICTSL is considered the leading operating terminal within the Indian Ocean Islands and is among the top performers in sub-Saharan Africa. Operating at 250,000 TEU annually, MICTSL is the gateway of Madagascar with over 90% of the country's containerized cargo handled by the terminal, and as a result of the heavy traffic, they needed a reliable TOS to keep up and scale with their business for better operations.

“We pride ourselves in delivering the best possible service to our customers and upgrading our operations to a more modern TOS is important to help our terminals achieve our goals and to remain competitive in the industry,” said Guido Heremans, CEO of MICTSL. “As a long-time Navis customer, we are looking forward to seeing the business impact at MICTSL from the N4 upgrade, and hope to strengthen and streamline our processes for all of our stakeholders with the more modern solution.”

“As global trade is more critical than ever, it is important that we are able to provide solutions to our customers to keep cargo flowing around the world,” said Jacques Marchetti, General Manager, EMEA at Navis. “ICTSI Group has been a great partner over the years and we are excited to assist MICTSL in reaching their operational and business goals with the latest version of N4. We look forward to continuing our partnership and hope to upgrade our TOS in the other terminals they operate in the near future.”

To learn more, visit www.navis.com.

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed United Nations Global Compact’s Business Ambition for 1.5°C. The company’s sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,500 people. www.cargotec.com

About International Container Terminal Services, Inc. (ICTSI)

Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations. ICTSI’s portfolio of terminals and projects are located in developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. Independent with no shipping or consignee-related interests, ICTSI works and transacts transparently with all stakeholders of the supply chain. ICTSI continues to receive global acclaim for its public-private partnerships, which are focused on sustainable development, and supported by corporate social responsibility initiatives. (www.ictsi.com)


Contacts

Jennifer Grinold
Navis, LLC
T+1 510 499 7621
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Geena Pickering
Gregory FCA
T+1 212 398 9680
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The Studio will engage entrepreneurs and corporate partners to realize a future powered by renewable energy.

NEW YORK--(BUSINESS WIRE)--Newlab, a community of experts and innovators applying transformative technology to solve the world’s biggest challenges, and Ørsted, the global leader in offshore wind development, announced the launch of the Blue Energy Studio, a collaborative initiative designed to drive innovation towards a future powered by renewable energy. The Blue Energy Studio will engage entrepreneurs, engineers, inventors, and corporate partners, beginning with Ørsted, to test and iterate innovative solutions to critical challenges across the renewable energy value chain.


With an eye towards the United States’ goal of reaching 100% carbon pollution-free electricity by 2035, the Studio aims to advance solutions to challenges across the renewable energy value chain. During its initial phase, the Studio will focus on offshore wind innovation, and will recruit technology companies focused on streamlining the investigation and installation of new sites for offshore wind development; improving efficiency in site operations and maintenance; and optimizing power distribution to energy grids. With the addition of other industry partners, the Studio will expand its purview to include the geothermal, hydroelectric, and solar categories.

“We are excited to partner with Newlab and deliver on our shared goal to grow the Blue Energy Studio into a world-class program for innovation in renewable energy. We will engage the world’s leading minds to help address one of the most significant challenges facing humanity today—climate change,” said Neil Hamel, Head of U.S. Innovation & Venture at Ørsted. “The Studio is possible through a combination of Ørsted’s deep expertise in renewable energy and Newlab’s extraordinary capacity for driving world-changing innovation, and is primed to support critical solutions that have the potential to greatly advance the renewable energy sector, starting with offshore wind.”

“At Newlab, we are committed to leveraging our community of over 800 entrepreneurs, engineers, inventors, investors, and advisors to tackle significant, real-world challenges across industries,” said Shaun Stewart, CEO of Newlab. “Solving key bottlenecks in the renewable energy sector will be essential to ensuring the health and wellbeing of our planet for decades to come. We welcome the opportunity to work with Ørsted, along with entrepreneurs utilizing transformative technologies, to enable powerful solutions that will drive the sector forward.”

This partnership is the first of its kind for Ørsted’s Innovation Hub, based in Providence, Rhode Island, which works to identify, foster, and, where appropriate, finance enterprises related to offshore wind, focusing on next-generation technology and related innovation in the offshore wind energy field.

About Ørsted

The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks as the world’s most sustainable energy company in Corporate Knights' 2021 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,311 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2020, the group's revenue was DKK 52.6 billion (EUR 7.1 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter.

About Newlab

Newlab is a community of experts and innovators applying transformative technology to solve the world's biggest challenges. Newlab membership and studios bring together entrepreneurs, engineers, inventors and industry leaders to create sustainable solutions and enterprises. Newlab employs technologies including robotics, AI and material science to transform what matters most—health, environment, media, cities, and infrastructure.


Contacts

Angelina Mah
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Once constructed, Grizzly Ridge solar installation will help serve increasing demand for renewable energy in Texas


OVERLAND PARK, Kan.--(BUSINESS WIRE)--To help address growing demand for solar energy generation in the southwestern U.S., Diode Ventures (Diode), a Black & Veatch company that develops global infrastructure projects, announced today that has reached financial close on the Grizzly Ridge Solar Project, a nearly 140-megawatt (MW) utility-scale solar field located in Hamilton County, Texas. The project was co-developed with RKB Energy, LLC (RKB).

In Texas, favorable economics, regulatory support and a streamlined permitting process are driving significant growth in solar energy development; analysts estimate that installed capacity will reach 1.6 gigawatts (GW) of solar across the state by 2022. Once complete, Grizzly Ridge, a utility-scale solar field located outside Fort Worth, Texas, will provide 137.7 MW dc/100 MW ac to the ERCOT North Zone, a growing economy and power market where there is high demand for all forms of electricity.

“Grizzly Ridge is one of the first utility-scale solar projects that Diode developed from the ground up, marking a significant milestone for the company when it comes to pure greenfield development projects,” said Brad Hardin, president of Diode. “In Texas, we are seeing more resilient infrastructure development on the horizon to support large-scale energy generation from both renewable and non-renewable sources.”

Diode partnered with RKB – a greenfield, utility-scale solar development company that currently focuses on the West and Southwestern regions of the U.S. – to assist with co-development activities of the project, from origination to sale.

“Diode Ventures has been an excellent partner in the Grizzly Ridge Solar project,” said Robert Schleider, president of RKB. “We are excited to see this project enter the build phase of its life cycle and believe it is a great project for Hamilton County and the State of Texas.”

The project is construction-ready, with an executed interconnection agreement with Brazos Electric Cooperative, the transmission service provider. The area will also undergo an upgrade from 69 kilovolts (kV) to 138 kV, reflecting this significant growth in demand. Diode is currently in discussions to add an on-site battery energy storage system to the project, reinforcing its reliability and resilience.

“The Grizzly Ridge Solar Project is an exciting development in a region of the country that continues to see significant demand growth,” said Paul Ksiazek, senior project director with Diode. “The environmental, economic and local tax benefits are noteworthy, and the project will benefit the ERCOT energy portfolio.”

Editor’s Notes:

  • In September 2020, Diode announced that it had sold a 240-MW ac/315 MW dc solar PV project under development in Fort Bend County, Texas, to renewable energy leader ACCIONA.
  • The company recently announced that it was partnering with JLC Infrastructure (JLC), an infrastructure investor and asset management firm, to advance the development of a new dark fiber network in northern Virginia.

About Diode Ventures

Diode Ventures is a developer of energy and data infrastructure, serving the commercial, industrial and technology sectors. With our partners, we offer our clients development services including site selection, capital assembly, project financing, EPC and O&M. Diode Ventures is a wholly owned subsidiary of Black & Veatch with a global presence in more than 100 countries. To learn more, visit www.diodeventures.com.

About Black & Veatch

Black & Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2020 exceeded US$3.0 billion. Follow us on www.bv.com and on social media.


Contacts

MELINA VISSAT | +1 303-256-4065 P | +1 617-595-8009 M | This email address is being protected from spambots. You need JavaScript enabled to view it.
24-HOUR MEDIA HOTLINE | +1 866-496-9149

The state-of-the-art operation specializes in fresh produce, proteins, and other perishables

TAMPA BAY, Fla.--(BUSINESS WIRE)--PLRS Powered by Titan Cold welcomes Dole Fresh Fruit to its state-of-the art, 135,000-square-foot facility situated in Port Tampa Bay at Hooker’s Point. Dole Fresh Fruit will include the Port Tampa Bay location in a new containerized service operating between Central America and the U.S. Gulf, beginning in mid-July of this year.

The new venture, as part of their Gulf Express Service, will deliver fresh fruit and other cargo, including automobiles, from Honduras and Guatemala to Port Tampa Bay and the cities of Gulfport, Miss. and Freeport, Texas.

PLRS Titan Cold will provide warehousing, terminal, stevedoring, and distribution services to Dole Fresh Fruit. The temperature-controlled warehouse includes refrigerated and frozen rooms, an onsite customs office, and specializes in handling large volumes of fresh produce, proteins, and other perishable food and beverage commodities. The facility also provides 148 reefer plugs, fumigation services, ripening rooms, and stevedoring services with the use of two high-speed Gottwald cranes. It is one of the only facilities with a Radiation Portal Monitor (RPM) onsite.

According to Titan Cold Vice President Carel Els, “We offer Dole – and all of our customers – the most modern processes for safely handling and efficiently delivering perishable goods to key U.S. markets. Our Tampa facility provides a critical link in serving central Florida and the entire Southeast.”

Two ships built in 2021, the MV Dole Maya and MV Dole Aztec, will service the route, and have been constructed to meet strict environmental mandates and substantially reduce greenhouse gases and other emissions.


Contacts

Nadene Gallagher
This email address is being protected from spambots. You need JavaScript enabled to view it.
310.991.0230

LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances (GEA), a Haier company, was selected by Supply & Demand Chain Executive as a recipient of the Top Supply Chain Projects Award for 2021 for the transformation of its inbound transportation strategy and the creation of its new Southern Logistics Center (SLC) in Crandall, Georgia that opened on March 9, 2020.

GE Appliances was the first company to create a parts distribution center in northwest Georgia near the Appalachian Regional Port – connected by an inland rail spur to the Port of Savannah – where off-loaded shipping containers are quickly distributed to GEA’s nearby plants. Opening a week before U.S. COVID-19 pandemic shutdowns occurred, the new Southern Logistics Center has been integral to enabling GE Appliances to provide materials and components needed to produce essential appliances at its nine U.S. manufacturing plants, even during widespread supply chain shortages affecting other companies.



The success of our Southern Logistics Center has been a homerun for our supply chain,” said Harry Chase, director for advanced manufacturing-strategic materials for GE Appliances. “It’s one of those investments that just keeps delivering wins: reducing 3 million miles of trucking and helping the environment, avoiding the congestion of west coast ports, improving our responsiveness to customers, creating good jobs in an area that needed them, and helping keep production parts flowing over the last 16 months as the pandemic just kept throwing one curveball after another. We are extremely thankful for the support and continued partnership from the state of Georgia, the Georgia Port Authority and the Georgia Department of Economic Development.”

The Top Supply Chain Projects (formerly known as SDCE 100) spotlights successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across a range of supply chain functions. These projects show how supply chain solution and service providers help their customers and clients achieve supply chain excellence and prepare their supply chains for success.

The supply chain industry has been challenged with a host of supply chain disruptions over the last year. Yet, the winners on this list continued to re-tool and innovate,” says Marina Mayer, editor for Supply & Demand Chain Executive and Food Logistics. “Whether it be moving a customer to a cloud-based solution or implementing a more sustainable shipping option, these top supply chain projects reflect the supply chain industry’s strength and resilience to overcome disruptions and work better, smarter and more efficiently in the years ahead.”

GE Appliances builds more than 2,500 appliances per hour in nine U.S. plants, which requires the purchase, storage and distribution of more than two billion parts and components. With the opening of the $32 million Southern Logistics Center, the fulfillment of those parts became easier. The 504,000 square foot center is the largest investment and first fulfillment and distribution warehouse at the Appalachian Regional Port (ARP), located in Murray County, an inland extension of the Port of Savannah.

Comprehensive Logistics Co., Inc. (CLI), a third-party logistics company, operates the Southern Logistics Center under an agreement with and on behalf of GE Appliances. CLI is an innovator of material flow visibility technologies and warehouse management processes.

Go to www.SDCExec.com to view the full list of all 2021 Top Supply Chain Projects winners.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Go to www.SDCExec.com.

About GE Appliances

GE Appliances strives to make the world a better place, and its team is committed to leading in the communities where employees live and work. A purpose-rooted and passion-driven organization, GE Appliances believes there is always a better way. It sells products under the Monogram®, Café™, GE Profile™, GE® Appliances, Haier and Hotpoint brands. Products include refrigerators, freezers, cooking products, dishwashers, washers, dryers, air conditioners, water filtration systems, water heaters and small appliances. For more information, visit www.geappliancesco.com.


Contacts

Julie Wood, GE Appliances, a Haier company
(502) 741-1557 or This email address is being protected from spambots. You need JavaScript enabled to view it.

DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--#clevels--In June, Vision Solar, which is one of the leaders in Residential Solar Panel Installations, announced Stephanie Provost as Chief Marketing Officer and the newest member of their executive team.



Stephanie possesses a unique skill set focused on building and developing brands with a Business to Consumer (B2C) focus driving a more consumer-centric approach. Stephanie will be heading our company-wide marketings and client service teams. She will leverage her prior experience building and growing brands across numerous Fortune 500 companies which include Unilever, Kraft, Pepsi, Aramark, and others.

Stephanie Provost has over 20 years of professional experience within the CPG (Consumer Product Goods) and Retail Food Industries. Prior to joining Vision Solar, Stephanie served as the VP of Marketing (Brand Development & Innovation) at Aramark. It was here that she led the development of their retail brand portfolio that deployed out to numerous sectors across thousands of locations. She holds a B.S. in Finance from Rutgers College - School of Business.

“As the CMO of Vision Solar, my goal will be to keep the consumer experience at the cornerstone of everything the organization does. This mission will help drive brand transformation and enable us to drive rapid growth across markets, while also providing a competitive edge that differentiates us within the renewables space,” Provost enthusiastically stated.

For any inquiries regarding this press release, please feel free to contact John Czelusniak at This email address is being protected from spambots. You need JavaScript enabled to view it.

About Vision Solar:

Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth to produce 1000+ high-quality Green Jobs by 2022. To learn more, visit: https://www.visionsolar.com


Contacts

John Czelusniak
This email address is being protected from spambots. You need JavaScript enabled to view it.

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