HOUSTON--(BUSINESS WIRE)--Eleox LLC (“Eleox”), a consortium of leading global energy companies, is pleased to announce the addition of Vincent Annunziata and Robert Palatnick to its newly-formed Advisory Board. Vinnie and Rob join the Eleox team as it prepares to launch its distributed ledger technology (“DLT”) software solutions for physical natural gas post-trade processes.
“The significant breadth of experience in digital transformation and DLT innovation both Rob and Vinnie bring to Eleox will be key to our product development and deployment in 2023,” said Eleox CEO, Matthew Almy.
Rob is the Global Head of Technology Research and Innovation at The Depository Trust & Clearing Corporation (“DTCC”), the premier post-trade market infrastructure for the global financial services industry. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly $2.4 quadrillion. Its depository provides custody and asset servicing for securities valued at $87.1 trillion. During his nearly 30-year career in senior technology leadership roles for DTCC, Rob spearheaded many technology innovation initiatives, including cloud, automation, big data analytics, and DLT. Additionally, Rob helped found and continues to be involved with Hyperledger Foundation, where he serves as a Governing Board member.
Vinnie is an accomplished energy industry executive with a proven keen vision for innovation and digital transformation. He holds numerous patents and industry awards while founding three firms, each with successful exits over the past two decades. His most recent company was sold to Xpansiv, the leading market-infrastructure platform for environmental commodities. His prior technology firm, TradeCapture OTC, was sold to the Intercontinental Exchange where his signature product, Tap and Trade, was rebranded ICE Mobile. Vinnie has been named “Entrepreneur of the Year” by Ernst & Young and “Top 50 People in Energy” by Energy Risk Magazine for his pioneering work in ETRM technology, electronic trading, and risk management.
Eleox is a joint venture established by bp, Castleton Commodities International (CCI), Koch Energy Services, Macquarie, Mercuria Energy America, and Shell Energy North America (US), L.P. for the purpose of designing and building a DLT platform to solve operational inefficiencies in natural gas post-trade processes.
To learn more, visit Eleox.com.
Matthew Almy, CEO
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GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2022 earnings after the market closes on Wednesday, February 8, 2023 and hold a conference call to discuss those results on the following day, Thursday, February 9, 2023 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (877) 226-8189, Access Code: 8042513. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.
About Forward Air Corporation
Forward Air is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload (‘LTL”) services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer final mile services, including delivery of heavy-bulky freight, truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardaircorp.com.
This press release may contain statements that might be considered forward-looking statements or predictions of future operations. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission. We assume no duty to update these statements as of any future date.
Forward Air Corporation
Brandon Hammer, 423-636-7173
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DUBLIN--(BUSINESS WIRE)--The "Transparent Solar Panels Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.
The report on the global transparent solar panels market provides qualitative and quantitative analysis for the period from 2020 to 2028.
The report predicts the global transparent solar panels market to grow with a significant CAGR over the forecast period from 2022-2028. The study on the transparent solar panels market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.
The report on the transparent solar panels market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global transparent solar panels market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market, and opportunities for the new entrants in the global transparent solar panels market over the period of 2020 to 2028.
Further, IGR- Growth Matrix gave in the report brings insight into the investment areas that existing or new market players can consider.
What does this Report Deliver?
Report Findings
Drivers
Restraints
Opportunities
Company Profiles
Segments Covered
The global transparent solar panels market is segmented on the basis of type, panel type, and applications.
The Global Transparent Solar Panels Market by Type
The Global Transparent Solar Panels Market by Panel Type
The Global Transparent Solar Panels Market by Applications
For more information about this report visit https://www.researchandmarkets.com/r/kpc7gk
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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TOULOUSE, France & SEOUL, South Korea--(BUSINESS WIRE)--#UAV--H3 Dynamics and Hylium Industries have joined forces to boost the performance of zero emission hydrogen-electric flight, by combining the strengths of Hylium’s liquid hydrogen storage and liquification solutions, and H3 Dynamics’ distributed hydrogen-electric propulsion nacelles, ultra-light fuel cells, and new hydrogen drone refueling stations.
Moving to liquid hydrogen represents a significant capability leap for small electric-powered unmanned systems. Cryogenic (liquid) hydrogen stores 3 times more energy as compressed gas in the same given volume. This means delivery drones will be able to fly further, mapping and ISR missions could be done on a much bigger scale.
To illustrate the jump in performance, the same 25kg hydrogen-electric propulsion UAV demonstrated by H3 Dynamics last July in France, will be able to fly over 900km with a single fill. With pressurized hydrogen, that range reduces to 400km, which is still 3 times more than a battery-powered equivalent.
“When combined, our global best-in-class solutions achieve the global performance limit for low-altitude electric powered flight” says Taras Wankewycz, CEO H3 Dynamics. “We are proud to be working with Hylium to move hydrogen-electric flight propulsion to the next level”
Now all the various forms of hydogen drones and UAVs powered by H3 Dynamics including hydrogen airships, multi-rotors, vertical take-off and landing (VTOL), have a way to further boost flight durations by another factor of 3 over pressurized hydrogen systems, or a factor of 10 compared to batteries.
H3 Dynamics also recently announced a first hydrogen production, and automated hydrogen refueling mobile station for hydrogen UAV operations. Named H2FIELD the mobile station produces hydrogen from water and delivers compressed hydrogen gas tanks to the operator with little human intervention and no required hydrogen expertise. H3 Dynamics and Hylium’s partnership will upgrade the station so that it can fill liquid hydrogen tanks.
Developed in South Korea, Hylium’s breakthrough technology provides one of the most advanced solutions and has already been proven in a number of applications. South Korea is also leading the development for LH2 standardisation. One local proposal was accepted as a draft standard by a global ISO committee.
Hylium and H3 Dynamics technologies are currently being integrated to attempt a 3,300km crossing of the South Atlantic, in a program led by ISAE SUPAERO Toulouse, one of the world’s leading aerospace engineering schools. H3 Dynamics’ team developed a special fuselage design that can store a small LH2 tank and manage the thermal behavior of all the propulsion sub-systems.
LH2 technology will also be a next step in H3 Dynamics’ hydrogen-electric propulsor nacelles roadmap. A first twin engine cargo drone powered by these self-contained nacelles took off in the sky of Paris during the summer 2022, using 2 compressed hydrogen tanks – one in each nacelle. The goal now will be to switch them out for liquid hydrogen tanks with a lighter construction and a higher fuel capacity.
About H3 Dynamics www.h3dynamics.com
H3 Dynamics is on a mission to decarbonize aviation with a unique technology solution around distributed hydrogen-electric propulsion, as well as hydrogen refueling and airport power solutions. The company has created a unique pathway to de-risk long term hydrogen aviation developments by starting commercially now with small, scalable solutions. H3 Dynamics employs 93 team members from its 3 regional headquarters in Toulouse, Austin and Singapore. It is a member of the Alliance for Zero Emission Aviation under the European Commission, Sustainable Aero Lab, the Lufthansa Cleantech Hub, the Paris Advanced Air Mobility Alliance, and Aerospace Valley in Toulouse.
About Hylium Industries: http://hylium-industries.com/
HYLIUM INDUSTRIES, INC. was established in 2014 as a Korea Institute of Science and Technology (KIST) venture company. Since then Hylium have been developing the Korea’s first cryogenic liquid hydrogen manufacturing and storage technologies with R&D support from the Korean Government.
Hylium has developed various technologies related to the hydrogen liquefaction system and owns over 20 patents and intellectual property rights, with more patents pending. In 2015 Hylium Industries’ technologies were acknowledged by the Cryogenic Engineering Conference with a Russel B. Scott Memorial Award for the Best Application in Small-Capacity Hydrogen Liquefaction Technology.
Taras Wankewycz
CEO, H3 Dynamics
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www.h3dynamics.com
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--President His Highness Sheikh Mohamed bin Zayed, President of the UAE, presented awards to the 10 winners of the 2023 Zayed Sustainability Prize today.
The Prize’s Awards Ceremony coincided with the beginning of the 2023 Abu Dhabi Sustainability Week (ADSW).
The ceremony was also attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court; H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Ministry of Presidential Court; Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence; along with a number of Sheikhs and senior officials.
Also, present were various heads of state, ministers, and other senior-level dignitaries from the UAE and abroad, in addition to past winners, and the 2023 finalists.
His Highness Sheikh Mohamed bin Zayed congratulated winners across the five categories, reasserting the Prize’s role as a global catalyst for sustainability and humanitarian action.
In his remarks on the Awards Ceremony, His Highness Sheikh Mohamed bin Zayed, said: “The UAE continues to lead on important global initiatives at the heart of our mission to create a better future for all, both within the UAE and beyond our nation’s borders. The bold ambition of the Zayed Sustainability Prize remains at the forefront of these efforts. It creates a pathway for delivering life-changing humanitarian aid and solutions to communities around the world.”
Sheikh Mohamed bin Zayed Al Nahyan underscored how this year, which marks 15 years of the Prize, will also be a historic year for the UAE as it prepares to host the 28th session of the Conference of Parties (COP 28) to the UNFCCC (United Nations Framework Convention on Climate Change). Against this backdrop, this year’s awards serve as an important reminder of the need for greater international collaboration to mobilise climate action and create sustainable economic and social development opportunities across all nations, including the global south.
His Highness continued: “Over the last 15 years, the Zayed Sustainability Prize has successfully built upon the legacy of the UAE’s Founding Father, Sheikh Zayed, and carried forward his bold humanitarian vision, ensuring that the resources of our great nation are fully used to the benefit of all people. Today, the Zayed Sustainability Prize stands an internationally recognised award that mobilises innovators, social entrepreneurs and young people to accelerate positive change for our planet and all people.”
The US$3 million Prize is the UAE’s pioneering global award in sustainability that recognises and rewards small and medium-sized enterprises, nonprofit organisations and high schools around the world that are delivering impactful, innovative and inspiring solutions in health, food, energy and water.
Through its 96 former winners, the Prize has transformed the lives of more than 378 million people around the world since 2008, including in Vietnam, Nepal, Sudan, Ethiopia, Maldives and Tuvalu. In the Health, Food, Energy, and Water categories, each winner receives US$600,000, while the Global High Schools category has six winners, representing six world regions, with each winner receiving up to US$100,000.
His Highness also emphasised the need to develop bright young people into the critical thinkers and sustainability leaders of tomorrow, and praised the Prize’s Global High Schools category, which empowers youth to play an active role in supporting their communities’ socio-economic development.
In the Health category, Brazil’s Associação Expedicionários da Saúde (EDS) was awarded the Prize for its Mobile Hospital Complex, which provides specialised medical and surgical care for indigenous communities geographically isolated within the Amazon. The objective of the Mobile Hospital Complex is to reach the most difficult areas in the Amazon, guaranteeing the safety and comfort of patients and excellence in the quality of services provided. Over the course of six expeditions from 2015 - 2022, the nonprofit organisation performed more than 1,900 surgeries that improved health outcomes, including improved vision after cataract surgery.
Ÿnsect from France was the Food category winner for its important work in insect-based protein and natural fertilisers. The SME produces insect protein and natural insect fertilisers at Europe’s first-of-its-kind insect factory equipped with innovative vertical farming and integrated biorefining setup. Ÿnsect processes two insect species (molitor and buffalo mealworms) into high-end, high-value ingredients for the entire food chain—plants, fish, farmed animals, pets, and humans. Ÿnsect is currently building a new factory in France and operates two other sites in France and the Netherlands. By 2025, Ÿnsect will be able to produce more than 1,500 tonnes of protein per month.
In the past five years, Ÿnsect has improved the lives of 30 million people by delivering sustainable, natural, premium nutrition products for fish farming (as an alternative fish feed to meet aquaculture’s food supply needs) and human nutrition. The demo plant currently operated by the company produces 30 tonnes of protein production per month.
In the Energy category, the Jordan-based NeuroTech developed Al-based algorithms with a blockchain-based transaction system to bring reliable energy access to refugee camps. The SME employs the concept of energy sharing by separating electrical loads into low- and high-priority streams. Thus, beneficiaries are guaranteed to receive their lifesaving energy, and extra energy goes to low-priority feeders, according to energy availability. Sophisticated energy management and control reduces electricity stress and increases consumer awareness about electricity.
During its pilot phase, NeuroTech helped deliver electrical power to more than 10,000 Syrian refugees in Azraq. By optimising energy usage and distribution, NeuroTech has helped reduce the pressure on the camp’s main hospital respiratory section by making electricity available 24/7. Patients now can use a personal nebulizer, a medical device used during the COVID-19 pandemic, and for people with a chronic breathing illness.
LEDARS (Local Environment Development and Agricultural Research Society), an NPO from Bangladesh, secured the Water category win for its integrated water resource management model that solves water scarcity issues in disaster-prone areas. Their combination of technologies help transforms communities in Bangladesh so people can have access to safe drinking water and climate smart livelihoods.
With the support of LEDARS, 5,250 bio-sands-filters, 65 pond-sand-filters, 185 rainwater harvesting systems, and 69 protective ponds were installed in communities in Bangladesh, supporting cultivation of paddies and vegetables throughout the year on lands that were previously barren. LEDARS initiatives created access to safe drinking water for at least 15,881 families. As a result of this solution, more than 12 million gallons of water have been saved.
The Chair of the Jury and former President of the Republic of Iceland, Ólafur Ragnar Grímsson, said: “This year’s winners have demonstrated a new level of creativity and ambition in their solutions to tackle pressing global challenges. We are confident that these winners will provide meaningful and scalable impact in communities across the world, and in turn accelerate important climate action goals to help secure a sustainable future for all.”
H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Director General of the Zayed Sustainability Prize, said: “Since our nation’s wise leadership established the Zayed Sustainability Prize 15 years ago, the Prize has become a key supporter of the UAE's vision to drive inclusive climate action and international sustainable development. By providing real-world solutions in sustainability to vulnerable communities around the world, the Prize honours Sheikh Zayed’s contribution towards social good, and elevates humanity on a global scale.
“Our 106 winners are driving action to solve the world’s most pressing challenges. Through their commitment to championing positive action, millions of people who were living without access to energy, water, healthcare, or food in the developing world, now have sustainable economic and social development opportunities, including access to quality education, decent work, economic growth and improved livelihoods.”
H.E. Al Jaber added: “As the UAE prepares to host COP28 later this year, the Zayed Sustainability Prize stands as a critical reminder of the UAE’s commitment to accelerating practical solutions needed to help societies mitigate and adapt to climate change.”
Since 2013, the Prize has awarded 46 high schools under its Global High Schools category from countries around the world. Students at these schools won for their self-led project proposals that have since been implemented by the youth. Collectively, they have generated 7.2 million kWh of electricity, saved 5,700 tons of CO2 and positively impacted 427,408 people in their communities.
The recipients of the 2023 Global High School awards are Fundacion Bios Terrae - ICAM Ubate (Colombia), representing The Americas; Romain-Rolland-Gymnasium (Germany), representing Europe & Central Asia; Gifted Students School (Iraq), representing the Middle East & North Africa region; UWC East Africa - Arusha Campus (Tanzania), representing Sub-Saharan Africa; Dhaka Residential Model College (Bangladesh), representing South Asia, and finally, Kamil Muslim College (Fiji) from the East Asia & Pacific region.
The winners were selected from a pool 4,538 – a record number of submissions – chosen by a panel of more than 40 experts. The Jury members include H.E. Olafur Ragnar Grimsson, Former President of the Republic of Iceland, UAE ministers, Sir Richard Branson, Founder of Virgin Group, Dr. Andreas Jacobs, Chairman of INSEAD, Jacobs Family Council, among others.
*Source: AETOSWire
Reem Diab
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New business is the next evolution of providing optimal solutions for customers
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide manufacturer of innovative filtration products and solutions, introduces Managed Filtration Services, an industry-leading consultative, comprehensive and connected solution for industrial filtration customers.
Managed Filtration Services combines Donaldson’s proprietary iCue™ connected technology, decades of OEM equipment expertise, and a comprehensive service network to provide condition-based maintenance and repair services needed to keep industrial filtration equipment operating.
“With Donaldson iCue Managed Filtration Services, we monitor the equipment with smart technology, help ensure it is performing optimally, and provide busy customers with the services and maintenance they need,” said Mauricio Goes, vice president, Industrial Solutions Aftermarket and Service at Donaldson. “It’s the next evolution in our goal to provide best-in-class equipment and aftermarket support for industrial customers”
In 2019, Donaldson offered the subscription-based iCue Connected Filtration Service that provided dust collector insights via a web-based dashboard. The information helps customers reduce downtime, support maintenance and operations, and capture compliance data.
In 2022, Donaldson rolled out its iCue Monitor Service to customers who want their equipment monitored by Donaldson specialists; the specialist team monitors and reviews alerts and helps troubleshoot filtration issues with customers.
Now, with the introduction of Managed Filtration Services, Donaldson provides complete and customizable service plans for industrial filtration equipment. Plans range from condition-based maintenance plans that leverage iCue technology, to traditional time-based maintenance and repair services needed to keep critical industrial equipment in compliance and online.
About Donaldson Company, Inc.
Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Our diverse, skilled employees at over 140 locations on six continents partner with customers—from small business owners to the world’s biggest OEM brands—to solve complex filtration challenges. Discover how Donaldson is Advancing Filtration for a Cleaner World at www.Donaldson.com.
Wade Wessels (952) 887 3078
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Innovative project is a significant milestone in acceleration of hydrogen technology development in India
DELHI, India--(BUSINESS WIRE)--Fluitron LLC, an established developer and manufacturer of industrial-grade gas compression systems, has successfully completed the manufacturing, testing, installation and PESO (Petroleum and Explosives Safety Organization) approval for the first domestically-built hydrogen dispenser in India. This project and its successful introduction is a significant milestone in acceleration of hydrogen technology development in India.
This dispenser, which is capable of filling tanks at 350 bar pressure, features two nozzles for light and heavy-duty vehicles and a third nozzle for the future addition of 700 bar hydrogen dispensing. It also integrates a cascading system and pre-cooling protocols specified through international codes and standards.
India currently relies heavily on coal and other fossil fuels for electricity generation. Combined with the fact that India is expected to be the world’s most populous country by 2030 (1), an energy crisis is looming. Hydrogen offers several advantages over traditional fuels when it comes to addressing the issue. It produces fewer emissions than fossil fuels while still providing a reliable source of power on demand. It is also relatively inexpensive when compared to other fuel sources like natural gas or nuclear power plants. In addition, it can be easily transported over long distances due to its low weight and high energy density. This makes it ideal for areas with limited infrastructure or access to energy sources.
“Hydrogen has the potential to revolutionize how India meets its growing energy needs while simultaneously promoting sustainability and reducing emissions,” said Tom Joseph, Vice President of Business Development at Fluitron LLC. “For more than a decade, Fluitron has provided customers with engineered, customized hydrogen technology solutions for energy storage and use in diverse markets. This investment in hydrogen technology helps ensure that India’s economy continues to grow while improving environmental quality and public health.”
About Fluitron
Fluitron is a global leader in precision technology for clean energy. With over 45 years of experience, Fluitron has grown to become a trusted partner for industrial gas compression technologies. Setting the bar in creating equipment that safely handles hydrogen and other specialized gases, Fluitron has the expertise to deliver the technology critical to your mission. For more information, www.fluitron.com.
Wilson Craig
Mindshare PR
408-516-6182
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DUBLIN--(BUSINESS WIRE)--The "HAZMAT Suits Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
The HAZMAT suits market is estimated to boost at a CAGR of 7.33% from a market size of US$6.901 billion in 2020 to achieve a market size of US$11.320 billion by 2027.
HAZMAT suit is an abbreviated form of hazardous material suit, which is considered a whole-body garment to protect the user or wearer against potentially harmful chemical or biological substances. The increasing demand for protection against hazardous chemical and biological wastes is providing an opportunity for the market to flourish in the forecast period.
The market for HAZMAT suits is predicted to increase during the forecast period, along with the growing patient population at the global level, along with an increasing number of several diseases, including heart-related disorders, infectious diseases, and many more. The growing demand for applications of HAZMAT suits in many end-user industry verticals is burgeoning the market growth in the forecast period.
The current prevalence of novel coronavirus infections has surged the market demand, leading to a rise in sales of HAZMAT suits in the current year. Furthermore, the previous incidences of an epidemic like an Ebola virus outbreak have led to fuel the market growth in the forecast period.
The prevalence of regulations regarding the safety of industry personnel is further accelerating the market demand in the forecast period. Additionally, the HAZMAT suits are one of the kinds of personal protective equipment, PPE utilized by healthcare workers and healthcare professionals to treat patients suffering from deadly infections.
Hence, the growing demand for personal protective equipment will surge the market demand for HAZMAT suits over the next five years. These are used with other PPE, including protective goggles, face shields, and gloves. Several healthcare organizations differ in protocols and procedures for using PPE and HAZMAT suits, coupled with differences in their operation in contaminated areas.
On the basis of geography, the North American region is projected to hold a significant market share due to the advanced medical facilities and high rate of coronavirus infection cases in the United States.
Also, the stringent regulations by certain regulatory bodies like OSHA for protection against dangerous chemicals in an industry further provide strong growth prospects for the market to thrive in the forecast period. On the other hand, the Asia Pacific region is projected to show significantly high growth due to significant investments inefficient waste management in healthcare facilities, further fueling the market demand during the forecast period.
The presence of companies offering HAZMAT garments is propagating market growth during the course of the forecast period.
It is widely observed that industrial workers work every day in a harmful work environment with toxic and flammable gases and chemicals. Hence, companies are manufacturing protective suits in the form of protective apparel to protect these workers against such harmful chemical liquids and gases. DuPont supplies a range of HAZMAT garments offering protection to industry personnel globally.
These garments are durable and comfortable, in addition to providing protection. The company's Tychem range helps provide chemical protection against various dangers, even in pressurized chemicals. The DuPont Tyvek range can arrange resistance to a wide array of pressurized chemicals, water-based low-concentration chemicals, and particles less than 1 micron in size.
For individuals encountering hazardous materials daily, the company developed HAZMAT garments and biohazard suits to administer protection and safety against biological and chemical hazards on an industrial site. These garments protect against a light liquid splash to heavy exposure of chemicals in industry and warfare agents. The products include Tyvek 600, Tychem 2000, Tychem 5000, Tychem 9000, and Tychem 10000.
According to recent news, due to the current novel coronavirus pandemic, DuPont is speeding up the production of its Tyvek HAZMAT suits for healthcare workers in the United States. This initiative would further enhance the sales of the HAZMAT suits of the company, leading to an increase in revenues in 2020. The doctors further stated that the Tyvek and other similar protective suits are the most pressing need, which would offer the best protection for medical personnel against contracting the novel coronavirus.
The growing initiatives towards the adoption of industrial safety are further propelling the market growth in the forecast period.
Industrial safety is referred to the managing of all the events and operations within an industry to protect its employees and machinery by reducing the hazards, risks, and/or near misses. This is being supervised by federal, state, and local laws and regulations, which cover various aspects considering the safety of the industry personnel and equipment.
All industries are required to comply with these rules and regulations in order to carry out safe operations and provide a safe working environment for the workers. OSHA is a primary regulatory body in the United States from the North American region and is responsible for maintaining safety within an industrial environment.
Impact of the COVID-19 pandemic
The COVID-19 pandemic led to the closure of major industrial processes and production, leading to a decrease in revenue and income from a lot of sectors. The HAZMAT suit market also suffered due to the suspension of activities such as mining, drilling, and construction to control infection spread.
Moreover, the usage of automation technologies also negatively affected sectors like mining and extraction. However, the market saw an increase in demand for HAZMAT suits from the healthcare sector, due to the increase in healthcare research and medical procedures. Moreover, with the lifting of COVID-19 regulations and protocols, the market is expected to increase significantly in the forecasted period.
Competitive Landscape
Segmentation:
By HAZMAT Protection Level
By End-User Industry
By Geography
For more information about this report visit https://www.researchandmarkets.com/r/83u74i
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Innovative project is a significant milestone in acceleration of hydrogen technology development in India
NEW YORK--(BUSINESS WIRE)--Fluitron LLC, an established developer and manufacturer of industrial-grade gas compression systems, has successfully completed the manufacturing, testing, installation and PESO (Petroleum and Explosives Safety Organization) approval for the first domestically-built hydrogen dispenser in India. This project and its successful introduction is a significant milestone in acceleration of hydrogen technology development in India.
This dispenser, which is capable of filling tanks at 350 bar pressure, features two nozzles for light and heavy-duty vehicles and a third nozzle for the future addition of 700 bar hydrogen dispensing. It also integrates a cascading system and pre-cooling protocols specified through international codes and standards.
India currently relies heavily on coal and other fossil fuels for electricity generation. Combined with the fact that India is expected to be the world’s most populous country by 2030 (1), an energy crisis is looming. Hydrogen offers several advantages over traditional fuels when it comes to addressing the issue. It produces fewer emissions than fossil fuels while still providing a reliable source of power on demand. It is also relatively inexpensive when compared to other fuel sources like natural gas or nuclear power plants. In addition, it can be easily transported over long distances due to its low weight and high energy density. This makes it ideal for areas with limited infrastructure or access to energy sources.
“Hydrogen has the potential to revolutionize how India meets its growing energy needs while simultaneously promoting sustainability and reducing emissions,” said Tom Joseph, Vice President of Business Development at Fluitron LLC. “For more than a decade, Fluitron has provided customers with engineered, customized hydrogen technology solutions for energy storage and use in diverse markets. This investment in hydrogen technology helps ensure that India’s economy continues to grow while improving environmental quality and public health.”
About Fluitron
Fluitron is a global leader in precision technology for clean energy. With over 45 years of experience, Fluitron has grown to become a trusted partner for industrial gas compression technologies. Setting the bar in creating equipment that safely handles hydrogen and other specialized gases, Fluitron has the expertise to deliver the technology critical to your mission. For more information, www.fluitron.com.
Wilson Craig
Mindshare PR
408-516-6182
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Energy Efficient Motor Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global energy efficient motor market is expected to grow at a CAGR of 6.52% during 2022-2027. Motors are the major energy-consuming equipment across end-user industries, resulting in high energy costs for companies.
Owing to the high energy cost associated with motors, several players in end-user industries are focusing on incorporating energy-efficient techniques such as installing energy-efficient motors in their operations. Further, the global energy efficient motor market is highly fragmented, with numerous multinationals and local vendors.
Sales of energy-efficient motors in the APAC area are predicted to develop steadily, owing to increased infrastructure spending and industrial production.
Many APAC nations, including China and India, will likely expand and contribute to the energy efficient motor market growth over the forecast period, with significant infrastructure development in the industrial sector and engineering companies. Because of its robust process manufacturing businesses and oil and gas sectors, North America will continue as one of the prominent energy efficient motor markets.
However, APAC and Europe remained the top two areas with tremendous potential for demand for energy-efficient motors in different industries, particularly manufacturing.
The fact that motor buyers frequently have inaccurate perceptions of the expenses associated with vehicle ownership and so do not appropriately account for these expenditures presents a substantial economic hurdle in promoting high- and premium-efficiency motors in the energy efficient motor market.
Operating the motor, which accounts for 97-98% of total expenditures, is the most expensive part of motor ownership. The initial cost of acquisition only accounts for about 2-3%. Premium-efficiency motors are more costly than regular motors by 15-25%, or USD 8 - 40 more per horsepower, but they pay for themselves rapidly in operational cost savings.
The payback period for premium motors is usually within the range of 7 months to 4 years on average. However, several variables, including yearly hours of usage, energy expenses, installation and downtime costs, and utility rebates' availability, affect the payback period's precise duration.
Although costs play a significant role - including those associated with the purchase, operation, installation, and maintenance, these costs must also be weighed against other aspects like reliability, secondary advantages like less equipment wear or operating noise, and secondary drawbacks like frequency disruptions and declines in mechanical power that can be put to use.
Key Questions Answered
1. How big is the energy efficient motor market?
2. What is the growth rate of the global energy efficient motor market?
3. Who are the key players in the global energy efficient motor market?
4. What are the rising trends in the energy efficient motor market?
5. What segments are covered in the energy efficient motor market?
6. Which regions hold the most significant energy efficient motor market share globally?
Market Dynamics
Opportunities & Trends
Growth Enablers
Growth Restraints
Market Segmentation
by Efficiency
by Application
by End-Users
by Geography
Key Vendors
Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/r/jcfsd3
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEW YORK--(BUSINESS WIRE)--OUPES, the clean generator expert providing people with innovative and eco-friendly power solutions, will soon launch its latest product Mega 5 on 16th February on Indiegogo. With 5.04kWh and 4000 watts, OUPES Mega 5 could be the most powerful mobile power station ever and it applies to both home use and commercial use. Its main features can be tracked now on its Indiegogo teaser page .
What Outstanding Features It Includes:
OUPES Mega 5 is positioned as a home power backup. It is a unit about the size of a piece of rolling luggage and features a huge capacity and wheels so that users can easily move it from place to place.
The OUPES Mega 5 solar generator will be launched on 16th February with the product prize disclosed. The biggest discount will be for those who order early. The best way users can get the best discount is to sign up on its Indiegogo teaser page to receive the latest updates and news from the campaign.
OUPES:
Official website of OUPES: https://oupes.com/
Contact Person: Cheney Green
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NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that it will participate in Capital Link’s Corporate Presentation Series.
On Tuesday, January 17, 2023, at 10:00 am ET its senior management team, Lois Zabrocky – CEO and Jeffrey Pribor – CFO, will go through a presentation on the company's current operations, business development, growth prospects and outlook of the tanker sector.
You can register for the webinar below:
Date: Tuesday, January 17, 2023
Time: 10:00 am ET
Register: https://webinars.capitallink.com/2023/company_presentation/
On the registration page, please register for the presentation slated for January 17, 2023, at 10 am ET.
An email confirmation will be sent back and will include the link to the Company presentation.
LIVE Q&A SESSION - Submitting Questions
Participants can submit their questions either during the webinar through the online platform or can email our team at This email address is being protected from spambots. You need JavaScript enabled to view it..
1x1 MEETINGS WITH COMPANY MANAGEMENT
Institutional Investors can request follow up meeting(s) with INSW’s management through the 1x1 Meetings Section on the Registration Page or by emailing This email address is being protected from spambots. You need JavaScript enabled to view it..
ABOUT INTERNATIONAL SEAWAYS, INC.
International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets. International Seaways owns and operates a fleet of 77 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 38 MR tankers. International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. International Seaways is headquartered in New York City, NY. Additional information is available at https://www.intlseas.com.
Forward-Looking Statements
This release contains forward-looking statements. In addition, the Company may make or approve certain statements in future filings with the U.S. Securities and Exchange Commission (SEC), in press releases, or in oral or written presentations by representatives of the Company. All statements other than statements of historical facts should be considered forward-looking statements. These matters or statements may relate to the consequences of the Company’s merger with Diamond S and plans to issue dividends, its prospects, including statements regarding vessel acquisitions, expected synergies, trends in the tanker markets, and possibilities of strategic alliances and investments. Forward-looking statements are based on the Company’s current plans, estimates and projections, and are subject to change based on a number of factors. Investors should carefully consider the risk factors outlined in more detail in the Annual Report on Form 10-K for 2021 for the Company, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, the Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, the Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, and in similar sections of other filings made by the Company with the SEC from time to time. The Company assumes no obligation to update or revise any forward-looking statements. Forward-looking statements and written and oral forward-looking statements attributable to the Company or its representatives after the date of this release are qualified in their entirety by the cautionary statements contained in this paragraph and in other reports previously or hereafter filed by the Company with the SEC.
Investor Relations & Media:
Tom Trovato, International Seaways, Inc.
(212) 578-1602
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MONTRÉAL--(BUSINESS WIRE)--#Agriculture--Sollum Technologies (“Sollum“) has closed a $30 million financing round, including $25 million from Idealist Capital, a private equity manager that supports entrepreneurs at the heart of the energy transition and decarbonization, and $5 million from Fondaction, a partner of innovative Québec SMEs, and more specifically those with added social, environmental and economic value.
Sollum® offers greenhouse growers a technology that has become the standard for fully dynamic smart LED lighting. As the only 100% programmable technology, it can replicate the Sun's natural light cycle with unparalleled accuracy for cultivating any produce, regardless of its native climate and the location of the greenhouse. To this end, the technology has been the source of significant breakthroughs such as the large-scale production of peppers in winter and strawberries, and continues to be researched to expand the availability of fresh, local produce year-round in collaboration with leading producers.
In 2022, the company launched a line of lighting fixtures to meet the diverse needs and business models of greenhouse growers, whether they are large-scale growers looking for a solution that combines cost, productivity and sustainability, or grow specialty products that require ultimate light spectrum flexibility. Whatever their choice, greenhouse growers benefit from the Sun as a Service® cloud platform, powered by artificial intelligence and the dedicated support of a team of experienced engineers, technicians and agronomists.
President and CEO of Sollum Louis Brun stated that: "In a short period of time, Sollum has demonstrated that the unparalleled precision of light generated by its smart LED grow light solution optimizes crop productivity and quality while maximizing energy efficiency. Our technological approach allows us to be competitive and deploy our solution in large-scale greenhouses. This capital contribution will allow us to accelerate our penetration of a growing market by enhancing the competitiveness of our solution, and its flexibility through the addition of a multitude of spectral recipes.”
For Pierre Larochelle, Co-Managing Partner at Idealist Capital: "We trust Sollum's team and high-performance technology, which increases the energy efficiency of greenhouse operations and positively impacts crops throughout their growth cycle. We are excited to support the Sollum team for the next phase of its growth in Canada and internationally."
"We are pleased to proceed with a second investment in Sollum," said Claire Bisson, Deputy Chief Investment Officer at Fondaction. "The goal of Fondaction's contribution last year was to accelerate the commercialization of a smart light supporting the fight against climate change and the development of a safe and sustainable agri-food sector. The response from growers has been very positive, and we are convinced that this smart lighting solution, which reduces energy consumption and makes it possible to produce fresh, local food all year-round, will have an even greater impact, benefiting growers and the planet."
About Sollum Technologies
Sollum Technologies designed the only 100% dynamic LED lighting solution that modulates the full spectrum of the Sun’s natural light to illuminate closed environments such as greenhouses, research centers and laboratories. Sollum's award-winning, turnkey solution consists of internet of things, AI-powered light fixtures that are controlled by Sollum's proprietary SUN as a Service® cloud platform. Sollum's distinctive proposition is a fully scalable cleantech solution that evolves with business needs and multi-zone light management, with each zone benefiting from automatic dimming of an unlimited number of light recipes. This is why it provides unparalleled value in terms of energy savings and, additionally for greenhouse growers, increased productivity and superior produce quality.
Founded in 2015, the company is based in Montréal (Québec, Canada), where its design, development, and manufacturing activities are concentrated. For more information, visit sollum.tech.
About Idealist Capital
Idealist Capital is an investment firm focused on accelerating the energy transition by providing growth capital to entrepreneurs across North America, with a primary focus on the Canadian market. Idealist Capital supports businesses whose activities enable positive climate impact across one of three themes – (i) the decarbonization of power supply, (ii) the electrification of transportation, and (iii) the decarbonization of industrials and circular economy. The Firm has a dual mandate to achieve excellent risk-adjusted returns while scaling solutions which are beneficial to the climate. Idealist Capital underwrites its carbon impact and integrates critical non-financial KPIs in its asset management process to build sustainable platforms. To learn more about Idealist Capital, visit idealist.capital.
About Fondaction
A forerunner in sustainable finance for more than 25 years, Fondaction brings together individuals and companies that are mobilizing for the positive transformation of society, taking action to make Québec’s economy more equitable, inclusive, green and successful. As a labour-sponsored fund, Fondaction represents tens of thousands of savers and hundreds of companies committed to helping Québec progress. It manages a total of $3.25 billion in net assets invested in several hundred companies and in financial markets, prioritizing investments that generate positive economic, social and environmental impacts in addition to a financial return. Fondaction helps create and maintain quality jobs, reduce inequalities and fight climate change. For more information, visit fondaction.com or our LinkedIn page.
©2023 Sollum Technologies. All rights reserved. SUN as a Service, LED by nature, SF-ONE, SF-MAX, SF-PRO and the Sollum logo are registered or trademarks of Sollum Technologies
VP of Marketing
Jenny Zammit
+1.514.975.7308
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Media Contact
Valérie Gonzalo
+1.514.923.1549
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HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will distribute to unitholders a cash distribution totaling $621,894 for the quarter ended December 31, 2022.
Unitholders of record on January 31, 2023 will receive a cash distribution of $0.002702 per unit payable on February 10, 2023.
Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended December 31, 2022 are set forth in the table below:
Natural gas (Mcf) sales volumes (a) |
|
101,420 |
|
|
Natural gas (per Mcf) average sales price |
$ |
7.45 |
|
|
Gross proceeds |
$ |
755,206 |
|
|
Post-production costs and specified taxes |
|
(50,081 |
) |
|
Royalty income |
|
705,125 |
|
|
Interest and dividend income |
|
6,589 |
|
|
Administrative expenses |
|
(81,070 |
) |
|
Income in excess of administrative expenses |
|
630,644 |
|
|
Increase to minimum cash reserve (b) |
|
(8,750 |
) |
|
Cash proceeds available for distribution |
$ |
621,894 |
|
(a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial production.
(b) The Trust is withholding, and in the future intends to withhold, $8,750 from the funds otherwise available for distribution each quarter to gradually build a cash reserve of approximately $350,000. This cash is reserved for the payment of future known, anticipated or contingent expenses or liabilities of the Trust. The Trustee may increase or decrease the targeted cash reserve amount at any time, and may increase or decrease the rate at which it is withholding funds to build the cash reserve at any time, without advance notice to the unitholders. Cash held in reserve will be invested as required by the royalty trust agreement. Any cash reserved in excess of the amount necessary to pay or provide for the payment of future known, anticipated or contingent expenses or liabilities eventually will be distributed to unitholders, together with interest earned on the funds.
About Gulf Coast Ultra Deep Royalty Trust. The Trust is a Delaware statutory trust created to hold a 5% gross overriding royalty interest in future production from specified Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana that existed as of December 5, 2012, which are collectively referred to as subject interests. The subject interests and the Trust’s overriding royalty interests are described in the Trust’s filings with the Securities and Exchange Commission (SEC). As described in the Trust’s SEC filings, future distributions are not guaranteed and will depend on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, post-production costs and specified taxes, and the amount and timing of the Trust’s administrative expenses, among other factors. For additional information on the Trust, please visit http://gultu.q4web.com/home/default.aspx.
Cautionary Statement Regarding Forward-Looking Information. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are all statements other than statements of historical facts, such as any statements regarding the build-up of the Trust's cash reserves and any statements regarding the amount and date of quarterly distributions to unitholders. Forward-looking statements are not guarantees or assurances of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that may cause actual results to differ materially from those anticipated by the forward-looking statements include, but are not limited to, the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to a record date for a quarterly cash distribution. Any differences in actual cash receipts by the Trust could affect the amount of quarterly cash distributions. Other important factors that may cause actual results to differ materially include risks inherent in production of oil and gas properties, the ability of commodity purchasers to make payment, the economic effects of the COVID-19 pandemic and federal, state and local governmental actions in response to the pandemic, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC. The Trust's annual, quarterly and other filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov. Statements made in this press release are qualified by the cautionary statements made in this press release. The Trust cautions investors that it does not intend, and assumes no obligation, to update any of the statements included in this press release.
The Bank of New York Mellon Trust Company, N.A. serves as trustee of the Trust. If you have any questions related to the Trust, please see below for contact information:
Gulf Coast Ultra Deep Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell
(512) 236-6555
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its fourth quarter 2022 financial results before the market opens on Monday, January 30, 2023. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.
To participate in the conference call, dial (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the “investor relations” section of ARLP’s website at http://www.arlp.com.
An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial U.S. Toll Free (844) 512-2921; International Toll (412) 317-6671 and request to be connected to replay using access code 13735338.
About Alliance Resource Partners, L.P.
ARLP is a diversified energy company that is currently the second largest coal producer in the eastern United States. ARLP also generates operating and royalty income from mineral interests it owns in strategic coal and oil & gas producing regions in the United States. In addition, ARLP is positioning itself as an energy provider for the future by leveraging its core technology and operating competencies to make strategic investments in the fast-growing energy and infrastructure transition.
News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission ("SEC"), are available at http://www.arlp.com. For more information, contact the investor relations department of ARLP at (918) 295-7674 or via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
Brian L. Cantrell
Alliance Resource Partners, L.P.
(918) 295-7673
Benson Hill’s world-class scientists discover new mechanism for CRISPR technology that detects RNA
ST. LOUIS--(BUSINESS WIRE)--$BHIL #BHIL--A groundbreaking research study by a team that included scientists from Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), has been published this month in Nature, the world’s leading multidisciplinary journal, highlighting a new mechanism for Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) technology. The research paper, titled “Cas12a2 elicits abortive infection via RNA-triggered destruction of dsDNA,” discusses the discovery of a new enzymatic capability for CRISPR systems, opening the possibility of using CRISPR in new applications beyond gene editing – including cancer therapeutics, programmable shaping of microbial communities, and counterselection to enhance gene editing.
As part of its work to unlock the genetic diversity of plants, Benson Hill’s team collaborated with members of its Scientific Advisory Board, including university scientists from the U.S. and Germany, to uncover insights and solve a complex biological problem for how CRISPR enzymes work. In doing so, they discovered the underlying biology and a new mechanism for how CRISPR nucleases, specifically Cas12a2, can function. The study concludes that Cas12a2 holds substantial potential for CRISPR technologies as a biotechnological tool.
In a proof-of-principle demonstration, the research team showed that a specific amino acid sequence (SuCas12a2) can be repurposed for RNA detection and potentially expand and enhance the CRISPR-based toolkit. More specifically, the study notes that RNA targeted CRISPR activity could enable programmable killing of multiple cell types.
“At Benson Hill we recognize that it will take an entire community of innovators to solve the challenges of today. This is a great example of us partnering with the broader scientific community to better understand CRISPR technologies,” said Gina Neumann, Senior Scientific Manager, Research and Development at Benson Hill. “It truly takes a diversity of thought and approaches to unlock biology. I’m glad we could partner with fantastic academic collaborators to characterize this new enzymatic capability and lay a foundation for future innovative applications.”
From the early days of Benson Hill, the company has taken a bold approach to learning how genetic diversity can solve problems and create new technologies.
In November 2022 Benson Hill formally endorsed the Framework for Responsible Use of Gene Editing in Agriculture. For Benson Hill, the precision of advanced breeding techniques like gene editing unlocks the opportunity to improve diverse crops and focus on benefits like taste, nutrition, and sustainability to leverage the full power of plants and deliver better food choices to consumers.
The full study can be found online on Nature.com and in the Jan. 4 issue. Please refer to the Nature portfolio for the full study: https://www.nature.com/articles/s41586-022-05559-3.
About Benson Hill
Benson Hill moves food forward with the CropOS® platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating nutritious, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.
Benson Hill
Christi Dixon
636.359.0797
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Media Kit
WILSONVILLE, Ore.--(BUSINESS WIRE)--On January 12, ESS Inc. (NYSE: GWH), a leading manufacturer of long-duration energy storage solutions, was notified of the filing of class action litigation alleging violations of Federal securities laws. This meritless lawsuit, which ESS intends to vigorously defend, is based upon a report by Grizzly Research, a self-described short seller, which was issued in December. The report alleges that ESS is a related party of Energy Storage Industries Asia Pacific, our customer in Australia. That assertion is false. The report contains numerous errors, unsupported speculation, and draws misleading and flawed conclusions. ESS was not contacted during the development of the report nor given the opportunity to provide factual information that would have easily refuted the incorrect claims made throughout the report.
ESS is committed to deploying long-duration energy storage solutions using iron flow battery technology to meet growing global demand. We are proud to partner with major U.S. and international utilities, developers and service providers to deploy the storage solutions needed to enable renewable energy deployment and deep decarbonization of the grid.
About ESS Inc.
At ESS (NYSE: GWH), our mission is to accelerate global decarbonization by providing safe, sustainable, long-duration energy storage that powers people, communities and businesses with clean, renewable energy anytime and anywhere it’s needed. As more renewable energy is added to the grid, long-duration energy storage is essential to providing the reliability and resiliency we need when the sun is not shining and the wind is not blowing.
Our technology uses earth-abundant iron, salt and water to deliver environmentally safe solutions capable of providing up to 12 hours of flexible energy capacity for commercial and utility-scale energy storage applications. Established in 2011, ESS Inc. enables project developers, independent power producers, utilities and other large energy users to deploy reliable, sustainable long-duration energy storage solutions. For more information visit www.essinc.com.
Investors:
Erik Bylin
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Media:
Morgan Pitts
503.568.0755
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LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that on January 9, 2023, the Compensation Committee of Energy Vault’s Board of Directors granted restricted stock unit awards covering an aggregate of 614,600 shares of its common stock to 29 new, non-executive employees under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the “Inducement Award Plan”). The restricted stock units were granted as inducements material to the employees entering into employment with Energy Vault in accordance with New York Stock Exchange Listing Rule 303A.08.
The Inducement Award Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Energy Vault, or following a bona fide period of non-employment, as an inducement material to such individuals’ entering into employment with Energy Vault, pursuant to New York Stock Exchange Listing Rule 303A.08.
The restricted stock units will vest with respect to the underlying shares as to 25% of the restricted stock units, on the first anniversary of the vesting commencement date and 6.25% of the restricted stock units, upon the employee’s completion of each three-month period of continuous service thereafter, subject to the employee’s continued employment with Energy Vault on such vesting dates. The restricted stock units are subject to the terms and conditions of the Inducement Award Plan and the terms of the restricted stock unit award agreement covering the grant.
In addition, awards of 250,000 and 450,000 restricted stock units have been made to Jan Kees Van Gaalen and Edmund Brown Jensen, respectively, which vest as to 25% of the restricted stock units, on the first anniversary of the vesting commencement date and 6.25% of the restricted stock units, in 12 quarterly installments thereafter, subject to the employee’s continued employment with Energy Vault on such vesting dates. Jan Kees Van Gaalen received an additional award of 350,000 restricted stock units that vest based upon the achievement of certain trading price levels, subject to continued service. These restricted stock units are subject to the terms and conditions of the Inducement Award Plan and the terms of the restricted stock unit award agreement covering the grant. These awards were each negotiated in connection with the commencement of Mr. Van Gaalen and Mr. Jensen’s employment with Energy Vault.
About Energy Vault
Energy Vault develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage. The company's comprehensive offerings include proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies. Each storage solution is supported by the company’s hardware technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial reuse, Energy Vault’s EVx™ gravity-based energy storage technology is facilitating the shift to a circular economy while accelerating the global clean energy transition for its customers. Please visit www.energyvault.com for more information.
Investors:
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Media:
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Korea Environmental Preservation Association (KEPA) hosts ENVEX 2023 at COEX Hall A, Seoul from June 7 to June 9, 2023.
SEOUL, South Korea--(BUSINESS WIRE)--#COEX--The 44th International Exhibition on Environmental Technology and Green Energy (ENVEX 2023) will be held from June 7 to 9, 2023 at COEX Hall A, Seoul, South Korea, celebrating its 44th host.
The exhibition hosted by Korea Environmental Preservation Association (KEPA) is Korea’s representative environmental and carbon-neutral trade show. The exhibition drew 267 companies from 17 countries with 31,291 domestic and overseas buyers in 2022.
The main exhibits of the 44th ENVEX include environmental products and technologies such as water treatment, air pollution control, measurement & analysis, and recycling. Also, the carbon-neutral products and technologies that cover CCUS will be exhibited, as well as the hydrogen power utilization and rechargeable battery.
To participate in the 44th ENVEX, please visit the official website and register online. www.envex.or.kr
Korea Environmental Preservation Association (KEPA)
International Cooperation & Exhibition
Jane Park
+82-2-3407-1542
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A prestigious recognition of the company’s strategic adoption of Fourth Industrial Revolution technologies to successfully raise productivity and shorten customers’ time-to-market.
KAOHSIUNG, Taiwan--(BUSINESS WIRE)--Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Co., Ltd. TAIEX: 3711, NYSE: ASX), announced today that its bumping factory in Kaohsiung has been inducted into the World Economic Forum’s Global Lighthouse Network (GLN), a community of manufacturing sites and value chains that are leaders in the adoption of Fourth Industrial Revolution (4IR) cutting edge technologies. ASE’s bumping factory in Kaohsiung is amongst the 18 GLN sites announced by the WEF on January 13th, joining the ranks of 132 leading manufacturers.
The increasing complexity of semiconductor chip manufacturing processes characterized by market disruptions in supply and demand, had caused unprecedented challenges for ASE Kaohsiung’s bumping factory. In the bumping operation, there are more than 100 process steps compared with traditional IC packaging operations. To streamline the manufacturing processes and optimize production, ASE strategically planned and deployed 4IR technologies across its operations. In particular, AI enabled processes helped ASE to improve manufacturing yields and accuracy, resulting in an increase in output by 67% and a reduction of order leadtime by 39%.
“By integrating 4IR technologies into their operations, Lighthouse companies are achieving double-digit impact on throughput, costs, and lead times,” said Francisco Betti, Head of Shaping the Future of Advanced Manufacturing and Value Chains, World Economic Forum. “In this next chapter of the Fourth Industrial Revolution, they are setting the pace across industries. Lighthouses are demonstrating how to scale advanced technologies across entire manufacturing networks and beyond towards suppliers and customers or new functions, such as procurement, logistics, and research and development,” he continued.
“We are extremely excited to join the ranks of 132 leading companies in the Global Lighthouse Network. At ASE, advancing our competitiveness and seizing new opportunities across diverse disciplines are central to our quest for manufacturing excellence,” said Sung-Fei Wang, Senior Vice President, ASE Inc, Kaohsiung. “As a premier semiconductor industry player, we are taking the lead to craft a smart manufacturing blueprint that optimizes technologies in the Fourth Industrial Revolution. We hope to inspire more industry players to contribute to building a resilient global smart manufacturing ecosystem and accelerate digital transformation,” he continued.
About ASE
Advanced Semiconductor Engineering, Inc. (a member of ASE Technology Holding Co., Ltd. TAIEX: 3711, NYSE: ASX) is the leading global provider of semiconductor manufacturing services in assembly and test. Alongside a broad portfolio of established assembly and test technologies, ASE is also delivering innovative advanced packaging and system-in-package solutions to meet growth momentum across a broad range of end markets, including 5G, Automotive, High Performance Computing and more. To learn about our advances in SiP, Fanout, MEMS & Sensor, Flip Chip, and, 2.5D, 3D & TSV technologies, all ultimately geared towards applications to improve lifestyle and efficiency, please visit: www.aseglobal.com or follow us on Twitter and LinkedIn @aseglobal.
About the Global Lighthouse Network
The Global Lighthouse Network is a community of production sites and value chains that are world leaders in the adoption and integration of the cutting-edge technologies of the Fourth Industrial Revolution (4IR). Lighthouses apply 4IR technologies such as artificial intelligence, 3D-printing and big data analytics to maximize efficiency and competitiveness at scale, transform business models and drive economic growth, while augmenting the workforce, protecting the environment and contributing to a learning journey for all-sized manufacturers across all geographies and industries. The Global Lighthouse Network is a World Economic Forum project in collaboration with McKinsey & Co, factories and value chains that join the Network are designated by an independent panel of experts.
ASE Media Contact:
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