SHELTON, Conn.--(BUSINESS WIRE)--#celonis--TranSigma Consulting, an agile business transformation consulting firm, is leveraging Celonis to deliver accelerated value for their clients.
“Through our partnership with Celonis, we have enabled our clients to maximize value realization by facilitating tool adoption supported by process improvement, program management and change acceleration methodologies” President, TranSigma
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USE CASE BACKGROUND
IMPACT & OUTCOMES
“With the support of the Celonis tool we were able to proactively quantify, prioritize, and update any term mismatches in our systems that did not properly reflect current vendor master terms. Moving forward the tool will continue to help me capture any future unnecessary cash leakage in regards to term disconnect and action prior to payment.” Director Global Procurement, Fortune 500 CPG
“We are an organization specializing in helping companies reveal and fix inefficiencies they can’t see, enabling them to perform at unprecedented levels. Celonis provides our firm with the ability to identify further opportunities for our clients to be leaner and more efficient,” said Ryan Metz, TranSigma President. “By leveraging our partnership with Celonis and their industry-leading technology, TranSigma can deliver real-time automation and process visualizations across wide and diverse technology ecosystems to provide an understanding of how organizations truly function. These insights effectively expose the root cause of process deficiencies, enabling rapid optimization and value realization.”
TranSigma has a history of helping companies greatly enhance processes thanks to data-driven insights, process excellence, and change facilitation with clients and partners. Getting to know and understand a business is the best way to identify opportunities and realize value. With this partnership, TranSigma is committing to furthering the promise of process improvement to customers who are ready to incorporate this groundbreaking technology into their world.
About TranSigma
Digital process transformation is TranSigma’s mission. The firm’s unique data-driven approach utilizes agile, change management, and lean process reengineering to lead your transformational strategies to success. Specialized in-house skills such as IT, finance, cybersecurity, regulatory compliance, banking, and enterprise data management are fully integrated into its service delivery teams. For more information, please visit www.transigma.com.
TranSigma
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DUBLIN--(BUSINESS WIRE)--The "Global Ship Hull Inspection Services Market Report and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global ship hull inspection services market attained a value of around USD 12457 Million in 2021. Aided by the growing demand for new ships and operations, the market is projected to grow at a CAGR of 2.5% between 2022 and 2027 to reach nearly USD 14531 Million by 2027.
Ship hull inspection services assess the damage and corrosion in the ship's hull for the ship's operators and owners and other agencies, like insurance companies and government agencies. The rising ship repair and maintenance supply chains, growing demand for new ships and operations, expanding sea routes as a result of recent economic booms, and increased vessel construction are contributing to the market's expansion.
During the forecast period, the demand for ship repair and maintenance is expected to continue to climb. Industry service providers are offering non-destructive testing in order to obtain connections from ship owners or operations, which is assisting the market's expansion. Also, the regions in shipping and maritime applications are continuing to rise as the number of key players has increased significantly, thus propelling the industry's expansion.
Ship owners, customers, government agencies, and insurance companies benefit from the advancement in ship hull inspection services, which now include fully automated ultrasonic scanning examination. This has increased the demand for ship hull inspection services and reduced the future spending on costly repairs.
Drones have recently been tried for shipping hull inspection savvies in Japan, which is a current trend. Unmanned vehicles for ship hull inspection and vessel maintenance have been developed by leading Japanese companies. The use of such equipment minimises the number of divers needed for hull surveys and repairs. In addition to that, software providers offer solutions for monitoring the condition of a ship's hull and other machinery. This has further supported in the growth of the global ship hull inspection services market.
The market report analyses the market based on segmentations such as inspection types, applications, and major regions.
Market Breakup by Inspection Type
Market Breakup by Application
Market Breakup by Region
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
Key Topics Covered:
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ship Hull Inspection Services Market Analysis
8.1 Key Industry Highlights
8.2 Global Ship Hull Inspection Services Historical Market (2017-2021)
8.3 Global Ship Hull Inspection Services Market Forecast (2022-2027)
8.4 Global Ship Hull Inspection Services Market by Inspection Type
8.4.1 General Corrosion / Pitting and Grooving / Coating Condition
8.4.2 Deformation / Fractures
8.4.3 Cleanliness
8.5 Global Ship Hull Inspection Services Market by Application
8.5.1 Cruise Ships
8.5.2 Commercial Vessels
8.5.3 Container Ships
8.5.4 Naval Ships / Military Vessels
8.5.5 Offshore Oil and Gas Ships
8.6 Global Ship Hull Inspection Services Market by Region
9 Regional Analysis
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter's Five Forces Analysis
11 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/srttah
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.
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ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, today announced the appointment of Kimberly Harriman as Senior Vice President, State Government Affairs & Corporate Communications. She will assume the role immediately and will join the executive leadership team.
“Kim has a well-established track record of achievement both here at AVANGRID and throughout her career,” said Pedro Azagra, CEO of AVANGRID. “This is an exciting time in AVANGRID’s history as we continue to build one of our industry’s most diverse executive leadership teams. I’m pleased to welcome Kim into our executive team and expect her leadership to further drive our strategic communications and state government affairs efforts across our businesses.”
Ignacio Galán, Chairman of AVANGRID, said, “Kim’s appointment leverages her strong government relations skills and strategic communications experience to enable AVANGRID to effectively advocate for state policies that support our clean energy vision.”
As Senior Vice President, State Government Affairs & Corporate Communications, Harriman will lead internal and external communications for the company. She will also maintain oversight of State Government Relations and Public Affairs, where she has served as Vice President since the end of 2020, responsible for coordinating state government relations and public affairs for the electric and gas utility subsidiaries in New York, Connecticut, Massachusetts and Maine and renewable onshore and offshore energy projects across 22 states.
Prior to joining AVANGRID in 2021, Harriman worked for New York Power Authority (NYPA), the New York State Department of Public Service, the New York State Office of the Governor, and NY’s Moreland Commission – Utility Storm Preparation and Response.
“I’m honored to join AVANGRID’s executive leadership team as Senior Vice President of State Government Affairs & Corporate Communications,” said Harriman. “AVANGRID is in an incredible position to accelerate the transformation to a clean energy future. I look forward to collaborating with our key state-level stakeholders and sharing our clean energy vision through relevant, impactful and strategic communications both within AVANGRID and externally across broader channels.”
Harriman graduated from Albany Law School of Union. She holds a bachelor’s degree in political science with a minor in economics from Siena College, where she graduated cum laude. She will report to Azagra.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.
MEDIA CONTACT:
Sarah Warren
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585-794-9253
HANGZHOU, China--(BUSINESS WIRE)--Alipay Ant Forest, a green initiative in the Alipay app that encourages users to make low-carbon lifestyle choices, introduced a new option for users to contribute to the restoration of coastal ecosystems.
“By introducing this new option, we are confident that Alipay Ant Forest can play its role as a green platform to encourage more users to participate in not only reforestation and biodiversity conservation, but also marine conservation efforts,” said Cheng Jiang, head of Alipay Ant Forest.
Previously, when users made low-carbon lifestyle choices either through the Alipay app or products or services provided by Alipay Ant Forest’s brand partners, they earned virtual “green energy points“ that could be used to support tree-planting or biodiversity conservation projects operated by Alipay Ant Forest’s environmental partners. Ant Group provides funding for these user-made donations. The low-carbon lifestyle choices include paying utility bills online instead of requesting paper invoices, ordering food delivery with the “no disposable cutlery” and “no plastic packaging” options checked, and purchasing energy efficient home appliances from partner brands.
With this new additional option, users can convert their “green energy points” to grow virtual aquatic plants such as seaweed and eelgrass. Alipay Ant Forest matches these efforts by making donations to support coastal ecosystem restoration projects operated by environmental organizations.
As of August 2021, Alipay Ant Forest worked with over 100 brands and helped over 600 million users plant more than 326 million trees in some of China’s most arid regions, and joined hands with various environmental NGOs to provide shelter for over 1,500 species in 18 protected areas across the country.
In 2019, Alipay Ant Forest won the “UN Champions of the Earth” award – the United Nation’s highest environmental honor – for leveraging digital technology to inspire hundreds of millions of people to take greener actions in their daily lives. Alipay Ant Forest also won the 2019 UN Global Climate Action Award for using digital technologies to scale up climate action.
About Alipay
Alipay is the leading digital platform in China, serving hundreds of millions of users, and connecting them with merchants and partner financial institutions that offer inclusive financial services and digital daily life services such as food delivery, transport, entertainment, and healthcare.
Media Inquiries
Le Shen
Ant Group
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HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) will hold a conference call to discuss its second quarter 2022 results on Thursday, July 28, 2022, at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Wednesday, July 27, 2022. The call will be webcast live on www.nov.com/investors.
About NOV
NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.
Visit www.nov.com for more information.
Blake McCarthy
Vice President, Corporate Development and Investor Relations
(713) 815-3535
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Anaergia projects helped avoid ~41 times more emissions than what the Company’s operations produced
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today it has released its 2021 Sustainability (ESG) Report. The Company completed its initial public offering in June of last year. The report highlights Anaergia’s ESG achievements for 2021, including a net total of 465,000 tonnes (CO2e) of greenhouse gas emissions that Anaergia projects helped avoid, which is about 41 times more than what the Company’s operations produced. The analysis includes estimated emissions avoided at facilities under Anaergia’s operational control, as well as third-party facilities commissioned since 2010 that operate using Anaergia’s technologies at design specification. The report also includes an overview of Anaergia’s social and governance practices.
“Our inaugural report is focused on the ‘E’ in ESG, naturally, because our Company was created to address the climate crisis,” said Andrew Benedek, Chairman and CEO of Anaergia. “This report quantifies the effects of Anaergia’s technologies and projects, which address a leading cause of climate change – the problem of methane emissions from waste. We are turning this methane emissions problem on its head. Instead of allowing waste to cause climate change, we are using it to create a much-needed carbon-negative renewable fuel. Doing so can address about two-thirds of all point-source methane emissions.”
Other highlights from the report include:
Note: These capacities include Anaergia Build-Own-Operate (BOO) facilities that are in operation and in execution, as well as third-party facilities commissioned since 2010 that use Anaergia’s technology solutions at design specification
The report can be viewed and downloaded from the Company’s website via https://investors.anaergia.com/sustainability/.
About Anaergia
Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.
Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events, including statements relating the ability of our technologies and project to address about two-thirds of all point source methane emissions and our business plans, growth strategies and ESG initiatives. 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. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form dated March 28, 2022 for the fiscal year ended December 31, 2021. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.
For further information please see: www.anaergia.com
Source: Anaergia Inc.
For media relations please contact: Melissa Bailey, Director, Marketing & Corporate Communications, This email address is being protected from spambots. You need JavaScript enabled to view it.
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EWING, N.J.--(BUSINESS WIRE)--$OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2022 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00am Eastern Time on Thursday, June 23, 2022.
To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 1, 2022, will need to visit www.virtualshareholdermeeting.com/OLED2022 and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability. Guests may attend the 2022 Annual Meeting in a listen-only mode. Online access and check-in will begin at 9:45am Eastern Time on June 23rd. Participants should allow plenty of time to log in prior to the start of the Annual Meeting. An archive of the meeting will be available for replay within 24 hours after its conclusion on the events page of the Company's Investor Relations website at ir.oled.com.
About Universal Display Corporation
Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.
Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.
All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company’s technologies, and the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2021. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.
Follow Universal Display Corporation
(OLED-C)
Universal Display Contact:
Darice Liu
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+1 609-964-5123
BitNile subsidiary, Digital Power Lending, agrees to purchase $12 million in Ecoark preferred stock
Ecoark subsidiary, Agora Digital, expects to deploy power capacity up to 78MW to power BitNile crypto miners
Ecoark to deploy significant capital to its subsidiary, White River, for oil drilling projects
LAS VEGAS--(BUSINESS WIRE)--$AGH #Agora_Digital--BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today announced a strategic partnership and investment into Ecoark Holdings, Inc. (“Ecoark”) (NASDAQ: ZEST). BitNile’s subsidiary, Digital Power Lending, LLC (“DP Lending”) has agreed to purchase $12,000,000 of a new series of convertible preferred stock of Ecoark, which will be paid no later than June 29, 2022. Pursuant to a mutually agreed upon use of proceeds, Ecoark intends to deploy significant proceeds via its subsidiary White River Holdings Corp. (“White River”) towards an oil drilling program across its cumulative 30,000 acres of active mineral leases at both shallow, intermediate, and deep levels. Ecoark will also deploy additional proceeds via its subsidiary Agora Digital Holdings, Inc. (“Agora Digital”) to provide BitNile with up to 78 megawatts (“MW”) of power within the State of Texas for digital asset mining capacity, subject to BitNile proceeding with this facility after having conducted the requisite due diligence. The Agora Digital power capacity would, if the project proceeds as presently anticipated, expedite BitNile’s recently announced plans to significantly expand its Bitcoin mining production capacity, including growing its number of deployed Bitcoin miners to 20,600, representing an expected mining production capacity of approximately 2.24 exahashes per second. Further details and transaction documents will be provided via regulatory filings at a later date in accordance with Securities and Exchange Commission rules.
The Company’s Founder and Executive Chairman, Milton “Todd” Ault, III stated, “I’m very pleased to be partnering with Ecoark on this transaction and future business endeavors. I feel that the allocation of this $12,000,000 in capital to Ecoark will create significant shareholder value for both BitNile and Ecoark shareholders as White River attempts to extract its significant oil reserves from its mineral leased properties at historically high energy prices.” The Company’s Vice Chairman and CEO, William Horne, stated, “I feel that there are significant synergies between BitNile and Agora Digital where our cache of digital asset miners and Agora’s power capacity at extremely low power rates can expedite both businesses’ expansion and market share in the digital asset sector.”
Ecoark’s Founder, Chairman and CEO, Randy May, stated, “I am grateful to have met Todd Ault recently and to have worked so closely the last few weeks structuring this mutually beneficial transaction. I feel that there is a lot of untapped value within Ecoark across all of our subsidiaries that is not being currently realized by the market, and the BitNile investment and strategic partnership will greatly expedite the unlocking of that shareholder value.” Agora Digital’s CEO, Brad Hoagland, stated, “We are excited to be partnering with BitNile to further establish our company as the only power-centric digital asset company in the public market.”
About BitNile Holdings, Inc.
BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.com.
About Ecoark Holdings, Inc.
Founded in 2011, Ecoark is a diversified holding company. The company has three wholly owned principal subsidiaries: Zest Labs, Inc. (“Zest Labs”), Banner Midstream Corp (“Banner Midstream”) and Agora Digital Holdings Inc. (“Agora”). Zest Labs, offers the Zest Fresh™ solution, a breakthrough approach to quality management of fresh food, is specifically designed to help substantially reduce the $161 billion amount of food loss the U.S. experiences each year. Banner Midstream is engaged in oil and gas exploration, production and drilling operations on over 30,000 cumulative acres of active mineral leases in Texas, Louisiana and Mississippi. Banner Midstream also provides transportation and logistics services and procures and finances equipment to oilfield transportation services contractors. Agora was formed to acquire its new cryptocurrency mining subsidiary, Bitstream Mining LLC. ZEST FRESH™ and Zest Labs™ are trademarks of Zest Labs, Inc.
Forward-Looking Statements
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, including statements regarding Ecoark’s planned use of proceeds, acceleration and expansion of the businesses of both Ecoark and BitNile, the ability to Ecoark to capitalize on oil reserves, and the expectation of enhancing shareholder value of each company. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and neither BitNile nor Ecoark undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the continuation of high oil prices and state regulation of bitcoin mining, investors should review risk factors, that could affect either or both of the BitNile’s and Ecoark’s respective businesses and financial results which are included in BitNile’s and Ecoark’s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the companies’ websites at www.BitNile.com and www.ecoarkusa.com, respectively.
BitNile Holdings Investor Contact:
This email address is being protected from spambots. You need JavaScript enabled to view it. or 1-888-753-2235
Ecoark Holdings Investor Contact:
This email address is being protected from spambots. You need JavaScript enabled to view it. or 1-800-762-7293
EVS will define opportunities for success across the electric vehicle ecosystem
BOSTON--(BUSINESS WIRE)--Strategy Analytics today announced the launch of its new Electric Vehicles Service (EVS), as part of the Global Automotive Practice (GAP). Leveraging Strategy Analytics’ 30 years plus of automotive electronics forecasting expertise, EVS offers the industry’s deepest and most insightful market information on this complex emerging market to help define opportunities for success across the whole electric vehicle ecosystem. The service will deliver a holistic view of the market for clients tracking global and regional developments across battery technologies, charging infrastructure, systems, semiconductor, and sensors, we well as providing the keenest insights into regulatory and policy dynamics, OEM and Tier 1 strategies, emerging technologies, and economies.
Commented Asif Anwar, Executive Director for GAP, “We are excited to bring this new service to clients of the Global Automotive Practice. EVS will help identify the critical success factors and provide insight and guidance needed to succeed across the whole electric vehicle ecosystem. Building on our in-depth modeling, EVS will provide forecasts and analyses covering battery technology, xEV powertrain systems and associated power electronics, including associated segmentation looking at the dynamics of silicon versus wide bandgap silicon carbide and gallium nitride technologies, as well as looking at the associated charging infrastructure and battery swapping dynamics that will shape the market for electric vehicles.”
Added Ian Riches, Vice President for the Global Automotive Practice, “From the outset, EVS will be able to offer global and regional historical data as well as ten-year unit and revenue forecasts spanning the systems demand, e.g., battery management systems, main inverters, DC-DC converters etc., and the associated semiconductor and sensor demand from electric vehicle platforms (mild hybrid, full hybrid, plug-in hybrid, battery electric). Our suite of databases includes a comprehensive battery technology database, and the service will continue to evolve in coverage and scope to look at new technologies and issues including the development of global and regional charging infrastructures. As always, GAP clients subscribing to EVS will continue to guide our research content. We’re absolutely thrilled to be able to be expanding the GAP suite of services with EVS.”
Source: Strategy Analytics, Inc.
#SA_Automotive
About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT (Internet Of Things), strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.
For more information about Strategy Analytics
Electric Vehicles Service: Click here
Report contacts:
European Contact: Asif Anwar, +44 (0)1908 423 635, This email address is being protected from spambots. You need JavaScript enabled to view it.
US Contact: Mark Fitzgerald, +1 617 614 0741, This email address is being protected from spambots. You need JavaScript enabled to view it.
China Contact: Julia An, +86 10 8975 5246, This email address is being protected from spambots. You need JavaScript enabled to view it.
AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) has been named one of America’s Most Trustworthy Companies by Newsweek.
“For more than 155 years, Babcock & Wilcox has been known as a global leader in advanced technology, world-class engineering and for the reliability of our products and services,” said B&W Chairman and Chief Executive Officer, Kenny Young. “B&W is trusted and relied upon by customers in a broad range of industries – including utilities, clean energy providers, manufacturers and other industrial companies – and we are extremely proud of our reputation and the trust placed in us by our customers.”
“Our company and our employees have cultivated that reputation through the innovation of cutting-edge technologies for power generation, renewable energy, environmental controls, carbon capture and other applications, as well as with our commitment to safety, integrity and ethics in everything we do,” Young said. “It’s an honor to have earned a spot alongside a number of our top U.S. customers on Newsweek’s list of highly respected and trusted companies, and we’re excited about continuing to serve these customers with advanced solutions to meet the energy generation, environmental and decarbonization needs of their businesses.”
Newsweek’s 2022 list of America’s Most Trustworthy Companies is based on surveys of 50,000 U.S. residents and their opinions of publicly traded U.S. corporations with $500 million or more in annual revenues. According to Newsweek and its survey partner Statista, survey participants were asked for their opinions about whether “individual companies treated their customers fairly, treated their employees fairly and would be good long-term investments.” Companies were then ranked based on survey results.
About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.
Investor Contact:
Investor Relations
Babcock & Wilcox Enterprises, Inc.
704.625.4944 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | This email address is being protected from spambots. You need JavaScript enabled to view it.
WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) announced the results of its 2022 Annual Meeting of Stockholders, which was held today, as follows:
Lisa Harris Jones was re-elected as an Independent Director. The final tabulation of the percentage of stockholders’ votes cast for this Independent Director is as follows:
Independent Director |
Percentage of Shares Voted For |
||||
Lisa Harris Jones |
59.0% |
Rajan C. Penkar was re-elected as an Independent Director. The final tabulation of the percentage of stockholders’ votes cast for this Independent Director is as follows:
Independent Director |
Percentage of Shares Voted For |
||||
Rajan C. Penkar |
72.4% |
Stockholders ratified the appointment of Deloitte & Touche LLP as TA’s independent auditors to serve for the 2022 fiscal year. The final tabulation of the percentage of stockholders’ votes cast for this proposal is as follows:
Proposal |
Percentage of Shares Voted For |
||||
Ratification of Independent Auditors |
99.8% |
About TravelCenters of America Inc.:
TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 18,000 team members serve guests in over 276 locations in 44 states, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.
Kristin Brown, Director, Investor Relations
(617) 796-8251
www.ta-petro.com
U.S. Department of Defense Strategic Capabilities Office Selects BWXT to Manufacture and Deliver Project Pele Prototype Reactor to Idaho National Laboratory in 2024
LYNCHBURG, Va.--(BUSINESS WIRE)--$BWXT--BWX Technologies, Inc. (NYSE: BWXT) will build the first advanced nuclear microreactor in the United States under a contract awarded by the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO). The Project Pele full-scale transportable microreactor prototype will be completed and delivered in 2024 for testing at the Idaho National Laboratory.
SCO has partnered with the U.S. Department of Energy to develop, prototype and demonstrate a transportable microreactor that can provide a resilient power source to the DoD for a variety of operational needs that have historically relied on fossil fuel deliveries and extensive supply lines. Transportable microreactors deliver clean, zero-carbon energy where and when it is needed in a variety of austere conditions for not only the DoD, but also potential commercial applications for disaster response and recovery, power generation at remote locations, and deep decarbonization initiatives.
The prototype will be built under a cost-type contract valued at approximately $300 million, depending on options selected, by BWXT Advanced Technologies LLC in facilities in Lynchburg, Virginia and Euclid, Ohio. Over the next two years, BWXT expects that approximately 120 employees will work on the project, including roughly 40 skilled trades, engineers and other positions that will be hired to support this effort and other projects.
“We are on a mission to design, build and test new nuclear technology to protect the environment while providing power, and we are thrilled with this competitively bid award after years of hard work by our design and engineering team,” said Joe Miller, BWXT Advanced Technologies LLC president. “The entire nuclear industry recognizes that advanced reactors are an important step forward to support growing power needs and significant carbon reduction imperatives.”
Safe Design
The high-temperature gas-cooled reactor (HTGR) will operate at a power level between 1 and 5 MWe and will be transportable in commercially available shipping containers. It will be powered by TRISO fuel, a specific design of high-assay low-enriched uranium (HALEU) fuel that can withstand extreme heat and has very low environmental risks.
The transportable reactor core and associated control system is designed to maintain safety under all conditions, including transitional conditions throughout transport. The fuel has been tested and verified to temperatures far exceeding the operating conditions of the reactor.
The transportable design consists of multiple modules that contain the microreactor’s components in 20-foot long, ISO-compliant CONEX shipping containers. The reactor is designed to be safely and rapidly moved by road, rail, sea or air. The entire reactor system is designed to be assembled on-site and operational within 72 hours. Shut down, cool down, disconnection and removal for transport is designed to occur in less than seven days.
Team Members
A diverse team of experienced companies are joining BWXT to support delivery and successful operation of the Project Pele prototype. BWXT is the prime contract and integration lead, and is responsible for reactor module manufacture. Among the other companies playing key roles on the team are:
Testing and Licensing
The reactor and fuel will be safely shipped separately, with fueling to occur at the test site. Once fueled, the system will undergo up to three years of testing at Idaho National Laboratory to confirm performance and operability. The test program will demonstrate that the reactor can produce reliable off-grid electric power. Power generated by the reactor will be transferred to load banks that accurately mimic the operational load that a power source would see in actual application. In addition, the system will be disassembled and re-assembled to prove transportability.
Consistent with the non-commercial nature of the project, testing and operation of this prototype reactor will proceed under authorization by the Department of Energy. The Nuclear Regulatory Commission, consistent with its role as an independent safety and security regulator, is participating in this project to provide SCO with accurate, current information on applicable regulations and licensing processes.
Forward Looking Statement
BWXT cautions that this release contains forward-looking statements, including statements relating to the performance, timing, impact and value, to the extent contract value can be viewed as an indicator of future revenues, of the SCO contract, future work with SCO, or the exercise of any contract options. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the contract, funding of current or future work, and delays in and proving the technology. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended Dec. 31, 2021 and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.
About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental remediation, nuclear medicine and space exploration. With approximately 6,700 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at more than a dozen U.S. Department of Energy and NASA facilities. Follow us on Twitter at @BWXT and learn more at www.bwxt.com.
Media Contact
Jud Simmons
Director, Media & Public Relations
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Investor Contact
Mark Kratz
Vice President, Investor Relations
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DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that one of its wholly-owned subsidiaries has entered into a definitive agreement with a wholly-owned subsidiary of Summit Midstream Partners, LP (“Summit”) to acquire Summit’s Lane Gathering and Processing System (the “Lane G&P System”) in Eddy and Lea Counties, New Mexico for $75 million, subject to customary transaction adjustments. In connection with the transaction, the Company will assume certain takeaway capacity on the Double E Pipeline, a FERC-regulated natural gas pipeline operated by Summit. The acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2022. A map of the Lane G&P System is included as Annex A to this press release.
Joseph Wm. Foran, Matador’s Founder, Chairman and Chief Executive Officer, said, “We are excited to announce this strategic acquisition of the Lane G&P System, which includes a 60 million cubic feet per day cryogenic natural gas processing plant, three compressor stations and approximately 45 miles of natural gas gathering pipelines. This acquisition is a further extension of our strategy to control our midstream operations and to use our midstream assets to further enhance and assist our operations. To accomplish this, we expect to expand the Lane G&P System to support our environmental, safety, exploration and production efforts in northern Eddy and Lea Counties, New Mexico. We are also pleased to acquire additional takeaway capacity from the Delaware Basin to ensure our and our third-party customers’ natural gas is transported to market. We thank both the Summit and Matador teams for their diligence in negotiating this transaction and look forward to closing later this month.”
About Matador Resources Company
Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.
For more information, visit Matador Resources Company at www.matadorresources.com.
Forward-Looking Statements
This press release includes “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 statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “could,” “believe,” “would,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “should,” “continue,” “plan,” “predict,” “potential,” “project,” “hypothetical,” “forecasted” and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements include, but are not limited to, statements about guidance, projected or forecasted financial and operating results, future liquidity, the payment of dividends, results in certain basins, objectives, project timing, expectations and intentions, regulatory and governmental actions and other statements that are not historical facts. Actual results and future events could differ materially from those anticipated in such statements, and such forward-looking statements may not prove to be accurate. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, the following risks related to financial and operational performance: general economic conditions; the Company’s ability to execute its business plan, including whether its drilling program is successful; changes in oil, natural gas and natural gas liquids prices and the demand for oil, natural gas and natural gas liquids; its ability to replace reserves and efficiently develop current reserves; costs of operations; delays and other difficulties related to producing oil, natural gas and natural gas liquids; delays and other difficulties related to regulatory and governmental approvals and restrictions; impact on the Company’s operations due to seismic events; availability of sufficient capital to execute its business plan, available borrowing capacity under its revolving credit facilities and otherwise; its ability to make acquisitions on economically acceptable terms; its ability to integrate acquisitions; weather and environmental conditions; the impact of the worldwide spread of the novel coronavirus, or COVID-19, on oil and natural gas demand, oil and natural gas prices and its business; the operating results of the Company’s midstream joint venture’s oil, natural gas and water gathering and transportation systems, pipelines and facilities, the acquiring of third-party business and the drilling of any additional salt water disposal wells; and the other factors which could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. For further discussions of risks and uncertainties, you should refer to Matador’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of Matador’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Matador undertakes no obligation to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Mac Schmitz
Vice President – Investor Relations
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(972) 371-5225
DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by the Greater Toronto Airports Authority (GTAA) to develop a long-term environmental master plan for Toronto Pearson International Airport. The plan will focus on six key areas in support of GTAA’s environmental policy – climate change, carbon neutrality and emissions, strategic energy use, water management, natural environment, and waste management. In this role, AECOM will suggest high level capital projects and operational changes to assist GTAA in meeting its environmental goals.
“GTAA is at the forefront of aviation sustainability, and we are honored to be part of its next chapter as it continues to demonstrate leadership in environmental policies and strategies,” said Frank Sweet, chief executive of AECOM’s global Environment business. “AECOM’s global team of subject matter experts share GTAA’s commitment to environmental stewardship, with extensive experience supporting the sustainability efforts of internationally recognized airports. As we advance our Sustainable Legacies strategy, we are excited to partner with clients like GTAA to deliver a lasting impact for generations to come.”
Under its project scope, AECOM will develop strategic plans for each GTAA environmental focus area that will together form an environmental master plan for Toronto Pearson International Airport. The firm will provide services such as conducting baseline assessments for the focus areas; overseeing peer review and analysis of current strategies; identifying priority areas and related goals; preparing cost/benefit analysis for programs and targets; and recommending systems to monitor performance and communicate key metrics.
“We have partnered with GTAA for decades and look forward to applying this firsthand knowledge of local conditions, design standards, and airline needs to produce a high-quality, high-value product,” said Marc Devlin, chief executive of AECOM’s Canada region. “Our structured project management approach combined with our technical depth, focus on quality, and familiarity of Toronto Pearson’s dynamic operations will allow us to help define environmental and sustainability practices that will help pave the path towards GTAA achieving its ambitious and innovative best-in-class goals.”
AECOM project consultants include the International Aviation Waste Management Association, which is collaborating on the waste management plan, and GeoProcess Research Associates, which is collaborating on the natural environment management plan. These partners bring considerable experience in the aviation field and specific knowledge of GTAA's operational requirements.
GTAA manages and operates Toronto Pearson International Airport, Canada’s largest airport in terms of total passenger traffic and North America’s second largest in terms of international traffic, pre-pandemic. AECOM’s previous work at Toronto Pearson includes the redevelopment of Terminal 1, where it served as prime consultant responsible for groundside infrastructure; the original Terminal 3; and various roads and transit, water modelling, and critical infrastructure projects.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, coronavirus impacts, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and inadequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital’s real estate development; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of various dispositions such as the sale of our Management Services, self-perform at-risk civil infrastructure, power construction, and oil and gas construction businesses, including the risk that purchase price adjustments, if any, from those transactions could be unfavorable and any future proceeds owed to us as part of those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
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Investor Contact:
Will Gabrielski
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WEX’s Esso Card™ is now available to public sector organisations that fall under the framework for the first time
LONDON--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform specialising in simplifying the business of running a business and well-known provider of fuel cards, has announced that it has been accepted onto the UK’s Crown Commercial Service (CCS) framework for the first time.
The inclusion on the CCS RM6186 (Fuel Cards and Associated Services VI) framework means WEX’s Esso Card™ — which allows payment for fuel at Esso, Shell and BP branded service stations — is now available to the public sector organisations that fall under the framework.
Additionally, a supplementary card is also available which offers access to more fuel stations including Texaco and Jet as well as supermarket fuel stations, like Morrisons, Tesco and Sainsburys. This means that the combined WEX offering provides access to more than 6,300 branded fuel stations across the UK, covering 75% of the petrol stations in the UK.
“This is a significant moment for our business to engage in this sector and one that is integral to our growth strategy. Bringing this offering to the public sector will place WEX alongside some of the biggest businesses in the UK, to bring a best-in-industry offering to people within national and local government and the nation’s critical emergency services. They can expect a lot from us moving forward,” said Eamonn Tierney, Managing Director of WEX in Europe.
“We are looking forward to cementing our public sector expertise from across Europe adjacent to our private sector fuel services where we have managed some of the largest fleet organisations in Europe, from the U.K. We offer a highly competitive product — one that meets the needs of UK organisations. Our aim is to simplify the process of running a business and there are a great many exciting developments on the horizon,” Aaron Townson, Business Development Manager at WEX, who worked on WEX’s application to be named as a supplier on Crown Commercial Service’s Fuel Cards and Associated Services VI framework, said.
The CCS supports the public sector to achieve maximum commercial value when procuring common goods and services. In 2020/21, the CCS helped the public sector to achieve commercial benefits equal to £2.04bn — supporting world-class public services that offer best value for taxpayers. It also increases savings for taxpayers by centralising buying requirements for common goods and services and bringing together smaller projects.
For more information about WEX in the UK, please visit www.wexeuropeservices.com.
About WEX:
WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalised solutions for its customers around the world. Through its rich data and specialised expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.
This press release was issued on behalf of WEX by Hallam.
WEX Media:
Tom Bestwick
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TORONTO--(BUSINESS WIRE)--Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) is pleased to announce its participation in Oppenheimer’s 22nd Annual Consumer Conference on June 15, 2022. The event will be held virtually.
Nicholas Reichenbach, Flow’s founder and Chief Executive Officer, will be making a presentation at the conference at 9AM ET on June 15, 2022. The live webcast of Mr. Reichenbach’s presentation can be accessed here.
About Flow
Flow is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow’s mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a sustainable, 100% recyclable and up to 75% renewable, plant-based pack. Today, the brand is B-Corp Certified with a best-in-class score of 126.5, offering a diversified line of health and wellness-oriented beverage products: original naturally alkaline spring water, award-winning organic flavours, and collagen-infused flavours in sizes ranging from 330-ml to 1-litre. All products contain naturally occurring electrolytes and essential minerals and support Flow’s overarching purpose to “bring wellness to the world through the positive power of water.” Flow beverage products are available online at flowhydration.com and are sold at over 30,500 stores across North America.
For more information on Flow, please visit Flow’s investor relations site at: investors.flowhydration.com.
Cautionary Statement
This press release may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Such forward-looking statements include, but are not limited to, information with respect to our objectives and the strategies for achieving those objectives, as well as information with respect to our beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking statements are typically identified by the use of words such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, or “continue”, although not all forward-looking statements contain these words. Forward-looking statements are provided for the purposes of assisting the reader in understanding Flow and its business, operations, prospects, and risks at a point in time in the context of historical and possible future developments, and the reader is therefore cautioned that such information may not be appropriate for other purposes. Forward-looking statements are based on assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. Those risks and uncertainties include the following: impact and spread of COVID-19; ability to achieve and manage growth; failure to expand sales capabilities; changes in consumer preferences; criticism of packaged water; maintain brand image and product quality; constrained or unavailable spring water sources; inability to package products; increased competition; accurately estimating demand; maintaining relationships with distributors and vendors; changing retail landscape; incorrect product design or development; product information misrepresentation; revenues derived entirely from packaged beverages; increases in costs or shortages of materials; fluctuation of quarterly operating results; no assurance of profitability; fluctuations in foreign currency; changes in government regulation; contamination or recalls of ingredients or end products; loss of intellectual property rights; litigation; future tax rates; catastrophic events; climate change; seasonal business; dependence on key information systems and third-party service providers; ability to securely maintain confidential information; maintaining and upgrading information technology systems; conflict of interest; dual class share structure; potential volatility of share price; no assurance of active market for shares; lack of dividends; global financial condition; publication of inaccurate or unfavourable research and reports; operating history; and management and conflict of interests. Consequently, all of the forward-looking statements contained herein are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and we do not undertake to update or amend such forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable law.
Devan Pennell, Chief Financial Officer
1-844-356-9426
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US investors:
Lynne Collier
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Canadian investors:
Marc Charbin
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Media:
Natasha Koifman
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SANTA CLARA, Calif.--(BUSINESS WIRE)--In the process of finding the best technologies for solving the Renewable Energy issue, the CTO of Boly Media Holdings Co., Dr. Xiaoping Hu, has discovered hidden, but fatal errors in Special Relativity. Dr. Hu has studied and pondered Einstein's Relativity Theory since high school. Two logical errors have been found in the derivation process of Lorentz Transform which is critical in Special Relativity, and two basic assumptions are also invalid, including the assumption about light speed constancy. Almost all past experimental and observational supports to Relativity Theory have also been examined and errors and deficiencies have been found in them. Dr. Hu’s findings have been scrutinized by many top scientists and Ph.D.’s, including Nobel Laureate’s groups, in Physics and Mathematics academy for more than three months, and nobody can fix the errors yet. As such, Dr. Hu is publishing a complete and rigorous proof here, wishing the whole academic community can resolve the errors, or the foundation of Modern Physics is at a serious crisis.
Critical proofs contain only 6 pages, starting from Page 35. Now that the whole modern Physics is built on Relativity Theory, Dr. Hu calls for physics and mathematics professionals in the whole world to cross-examine these errors, so that they can be properly addressed. Physics can hardly make any further progress without fixing fundamental errors in Special Relativity.
About Boly©: Boly Media Holdings Co. Ltd. is a hightech company focusing on imaging and solar energy products.
Boly, Inc.
Daniel Guo, +86-755-2685 4933
Director of Marketing
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NEWTON, Mass.--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that Chief Executive Officer Jonathan Pertchik and Chief Financial Officer Peter Crage will be presenting at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference at 12:00 p.m. Eastern Time on Wednesday, June 15, 2022. TA management will also be hosting virtual meetings with investors. For additional information or to schedule a virtual one-on-one meeting with TA management, please contact your Oppenheimer representative.
A live audio webcast of the presentation will be available in a listen-only mode on events page of the company’s website. Participants wanting to access the webcast should visit the company’s website about 15 minutes before the start of the presentation.
About TravelCenters of America Inc.
TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 18,000 team members serve guests in over 276 locations in 44 states, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.
Kristin Brown, Director, Investor Relations
(617) 796-8251
DUBLIN--(BUSINESS WIRE)--The "Oil & Gas Downstream Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The global oil & gas downstream market is expected to grow at a CAGR of more than 4% during the forecast period.
Factors such as increasing refining capacity across Asia-Pacific and the Middle-East, and rising industrialization in developing countries, are expected to drive the oil & gas downstream market during the forecast period. However, the growing share of fuel-efficient vehicles and increasing penetration of electric vehicles in both developed and emerging economies are expected to hinder the market growth during the forecast period.
Key Highlights
Key Market Trends
Refineries to Dominate the Market
Asia-Pacific to Dominate the Market
Key Topics Covered:
1 INTRODUCTION
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Refining Capacity and Forecast in million barrels per day, till 2025
4.3 Oil & Gas Production Scenario (2010-2025)
4.4 Oil & Gas Consumption Scenario (2010-2025)
4.5 Refinery Throughput Capacity (2010-2025)
4.6 Key Projects Information
4.6.1 Existing Projects
4.6.2 Projects in Pipeline
4.6.3 Upcoming Projects
4.7 Crude Oil Price Trend Analysis (2010-2019)
4.8 Recent Trends and Developments
4.9 Government Policies and Regulations
4.10 Market Dynamics
4.10.1 Drivers
4.10.2 Restraints
4.11 Supply Chain Analysis
4.12 Porter's Five Forces Analysis
4.12.1 Bargaining Power of Suppliers
4.12.2 Bargaining Power of Consumers
4.12.3 Threat of New Entrants
4.12.4 Threat of Substitutes Products and Services
4.12.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Refineries
5.1.2 Petrochemical Plants
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Reliance Industries Ltd.
6.3.2 Royal Dutch Shell PLC
6.3.3 The Dow Chemical Company
6.3.4 BP PLC
6.3.5 Saudi Aramco
6.3.6 Indian Oil Corporation Limited
6.3.7 China National Petroleum Corporation
6.3.8 Total SA
6.3.9 Chevron Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/yl0xks
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Equinor ASA (“Equinor”).
Under the SPA, Equinor has agreed to purchase approximately 1.75 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 15 years. The deliveries under the SPA will start in the second half of 2026 and reach the full 1.75 mtpa in the second half of 2027. Half of the volume, or approximately 0.9 mtpa, is subject to Cheniere making a positive final investment decision (“FID”) to construct additional liquefaction capacity at the Corpus Christi LNG Terminal beyond the seven-train Corpus Christi Stage III Project.
“Equinor is one of Europe’s premier energy companies, and we are excited to form a long-term relationship with another strategic customer that shares our ambitions for a sustainable future,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “This SPA further reinforces Cheniere’s leadership in providing the flexible, reliable and cleaner burning long-term LNG supply sought by our customers across the globe focused on energy security and environmental priorities. The SPA also reflects the urgency in demand for investment in additional LNG capacity, not only for the Corpus Christi Stage III Project, which is nearing FID, but also for capacity beyond the project’s initial seven trains.”
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 mtpa of LNG in operation. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission.
About Equinor
Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s purpose is to turn natural resources into energy for people and progress for society. Equinor’s portfolio of projects encompass oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Equinor is the second largest exporter of pipeline gas to Europe and operator of Europe’s only large-scale LNG plant at Hammerfest, Norway. Headquartered in Stavanger (Norway), Equinor is the leading operator on the Norwegian continental shelf, present in around 30 countries worldwide.
Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, and share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.
Cheniere Energy, Inc.
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