MONTREAL--(BUSINESS WIRE)--Innovators of a cost efficient and sustainable lithium-ion battery recycling technology, Lithion Recycling, Inc., and Call2Recycle, a North American leader in battery collection and recycling, are pleased to announce a signed memorandum of understanding (MOU) to collaborate on providing a turnkey full-service management solution for safe and efficient recycling of Electric Vehicle (EV) batteries.
The combination of Lithion’s patented and innovative hydrometallurgical battery recycling process and Call2Recycle’s existing North American collection, transportation and logistics network will make this an ideal comprehensive, whole industry solution. Various clients within the EV sector, whether at the dealer level, manufacturing or dismantling, will benefit tremendously from this arrangement. In addition to transportation and recycling, the full-service solution explores safety and compliance, training, container arrangement, tracking and storage capability services.
“We have heard from vehicle and EV battery manufacturers that a combination of battery recycling innovation and the logistics expertise of managing the flow of these end of service batteries and the scrap material from the manufacturing process is the ultimate win. That is why we are proud to expand our relationship with Call2Recycle. Together, our organizations will be able to provide a best-in-class, full-service solution and fill an important need for the industry, ultimately making it easier to contribute to the circular economy.” – Benoit Couture, President and CEO of Lithion Recycling, Inc.
“Our organization has a solid track-record of managing the end-of-life logistics process and recycling of household and e-Mobility batteries in a regulatory compliant manner, and we are excited to augment our full-service management capabilities to the EV sector. This industry is growing at a tremendous pace and by collaborating with Lithion we feel our mutual expertise is stronger together.” - Joe Zenobio, Call2Recycle Canada’s President.
“The rapid adoption of EVs across North America creates new challenges and opportunities to encourage safe and responsible end-of-life management of those batteries. The agreement with Lithion will set the formal foundation for Call2Recycle’s expansion into electric vehicle battery logistics.” – Leo Raudys, Call2Recycle U.S. CEO and President.
During the coming year, the two organizations will explore opportunities for efficient integration for their respective services to collect, transport and recycle batteries from the EV industry across North America.
About Lithion Recycling, Inc.:
Lithion Recycling has developed an efficient and cost-effective process to recover strategic materials from end-of life and production waste of lithium-ion batteries. Lithion’s process allows up to 95% of battery components to be recovered and treated so that they can be reused by battery manufacturers, enabling to close the lifecycle in batteries. This technology accelerates the transition to green energy and helps meet decarbonization targets by reducing pressure on natural resource extraction. In 2023, Lithion is set to launch its first commercial recycling plant, drawing on data from a highly successful Quebec industrial-scale pilot plant created in 2019. Its goal is worldwide deployment, through licensing agreements, with a target of 20 recycling plants.
About Call2Recycle
Call2Recycle is North America’s premier battery stewardship, logistics, and recycling program operating with a commitment to safety and environmental excellence. After 25 years and nearly 100 million kilograms of batteries safely and responsibly recycled across North America, Call2Recycle offers partners – from rechargeable and primary consumer batteries to electric transport and electric vehicles – an effective and efficient way to address the battery management needs while ensuring compliance with provincial, state and national regulations. Call2Recycle Canada, Inc. operates out of its Toronto, Canada headquarters and Call2Recycle, Inc. out of its U.S. headquarters in Atlanta, Georgia.
Media Contact:
Jean-Christophe Lambert, Business Development Manager, This email address is being protected from spambots. You need JavaScript enabled to view it.
Media:
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United States: Linda Gabor, Executive Vice President, External Relations, Marketing and Customer Service, This email address is being protected from spambots. You need JavaScript enabled to view it.
OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) will file third quarter 2021 results before market hours Monday, Nov. 1. In addition to the Form 10-Q filing, the partnership plans to issue a press release before market hours that day detailing the quarter’s results and recent business highlights.
ABOUT ENABLE MIDSTREAM PARTNERS
Enable owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Enable’s assets include approximately 14,000 miles of natural gas, crude oil, condensate and produced water gathering pipelines, approximately 2.6 Bcf/d of natural gas processing capacity, approximately 7,800 miles of interstate pipelines (including Southeast Supply Header, LLC of which Enable owns 50%), approximately 2,200 miles of intrastate pipelines and seven natural gas storage facilities comprising 84.5 billion cubic feet of storage capacity. For more information, visit https://enablemidstream.com.
Media and Investor
Matt Beasley
(405) 558-4600
MALVERN, Pa.--(BUSINESS WIRE)--Saint-Gobain, through its building products subsidiary CertainTeed LLC, today announced the company has completed the installation of water recycling technology at its Kansas City insulation plant, which will reduce the plant’s consumption of water by 227 million gallons per year. The ambitious project comes only weeks after the company announced its new global Grow and Impact strategy, which includes reducing its consumption of natural resources at its production sites.
The CertainTeed plant in Kansas City is the largest insulation manufacturing site in the world and began operations in 1951. The plant uses water to help cool equipment and molten glass, which is eventually fiberized into fiberglass-based insulation material.
The technology installed this month will allow the plant to capture and reuse the vast majority of water used on its K11 and K12 production lines. Previously, this water would otherwise travel into the plant’s sewer drains. A team of 15 engineering, production and design professionals at CertainTeed worked over the past seven years to conceptualize and implement this $4.3 million project.
“Our water recycling project in Kansas City is a massive step forward in our company’s broader mission of maximizing our positive impact, for our customers and the communities where we do business, while minimizing our environmental footprint,” said Andrew Goldberg, Vice President and General Manager of CertainTeed Insulation Product Group. “We know that part of being a good business means being a good neighbor, and we strive to lead our industry toward a more sustainable future.”
CertainTeed’s water recycling efforts in Kansas City follow several other major investments this year towards improving CertainTeed’s environmental sustainability:
For more details on Saint-Gobain, visit www.saint-gobain.com and follow us on Twitter @saintgobain.
About CertainTeed
Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Founded in 1904 as General Roofing Manufacturing Company, the firm’s slogan “Quality Made Certain, Satisfaction Guaranteed,” inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. www.certainteed.com.
About Saint-Gobain
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change.
This strategy of responsible growth is guided by the Saint-Gobain purpose, “MAKING THE WORLD A BETTER HOME,” which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.
€38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
David Rosen
Saint-Gobain Corporate Communications
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News:
TechnipFMC (NYSE: FTI) (PARIS: FTI) and Talos Energy Inc. (NYSE: TALO) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and sub-surface expertise with TechnipFMC’s extended history in subsea engineering, system integration and automation and control.
Cultivated through a shared vision to responsibly deliver CCS solutions that will help to reduce the global carbon footprint, this innovative partnership will accelerate offshore CCS adoption with reliable, specialized CCS systems.
Under the alliance, the companies will collaborate to progress CCS opportunities through the full lifecycle of storage site characterization, front-end engineering and design (FEED), and first injection through life of field operations. This further advances the companies’ leadership in the emerging Gulf Coast CCS market, building on Talos’s recent successful award as the operator of the only major offshore carbon sequestration hub in the United States.
Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are pleased to partner with Talos to deliver offshore CCS solutions that will help reduce CO2 emissions during the energy transition. This alliance capitalizes on our collective expertise and TechnipFMC’s position as a system integrator and architect to deliver a reliable industrial-scale solution for CCS.”
Bob Abendschein, Executive Vice President and Head of Operations at Talos, commented: “We are excited to announce this strategic alliance with TechnipFMC and to work collaboratively as we continue to execute on our strategy to scale our CCS business. Combining the technical expertise of both companies solidifies our market leadership in delivering integrated CCS solutions to lower industrial carbon emissions and create a positive impact in the communities where we work and live.”
Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
ABOUT TALOS ENERGY
Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico’s largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and storage collaborative arrangement along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.
Category: UK regulatory
Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
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James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
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Media relations
Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
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Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
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Talos Energy Investor Relations Contact
Sergio Maiworm
+1.713.328.3008
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BELOIT, Wis.--(BUSINESS WIRE)--#missioncriticalperformance--Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, announced that Robert Starr is joining the executive team as Chief Financial Officer (CFO). In this role, he will lead the corporate finance team and oversee all financial reporting for the company.
“Rob’s background working with commercial and military customers makes him a great fit for the Fairbanks Morse Defense team,” said George Whittier, CEO of FMD. “His ability to manage the finances of large companies as they go through periods of robust growth and transformation will be critical to our future success as he offers unique insight into the challenges and opportunities associated with expanding FMD’s capabilities and geographic presence. We know he will be a valuable asset to our team.”
Before joining FMD, Starr spent more than a decade as part of the leadership team for Kaman Corporation, a leading provider to commercial and military aerospace customers. He served in the roles of Executive Vice President and CFO, as well as Vice President and Treasurer. Starr has also served in numerous finance-adjacent roles throughout his career, including Assistant Treasurer at Crane Co. of Stamford, Connecticut; Managing Director of Corporate Finance at Aetna, Inc. of Hartford, Connecticut; and Director of Capital Markets and Risk Management at Fisher Scientific International, Inc. of Hampton, New Hampshire.
Starr earned a Bachelor of Business Administration from the University of Michigan and a Master of Business Administration from the University of Chicago.
About Fairbanks Morse Defense
Fairbanks Morse Defense (FMD) is the leading provider of the highest value equipment for naval defense customers. For more than 100 years, FMD has been a principal supplier of reliable power systems, parts, and aftermarket services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and the Canadian Coast Guard. Through its six strategically located service centers and a robust aftermarket team, FMD is able to provide round-the-clock field service and parts support. Additionally, its suite of full lifecycle solutions extends asset life and enables it to run more efficiently. With a growing portfolio of companies under the FMD brand, the company continues to integrate these mission-critical products and innovative service solutions to power marine defense. FMD, a portfolio company of Arcline Investment Management, is based in Beloit, Wisconsin.
Learn more about FMD by visiting www.FairbanksMorseDefense.com.
Media Contact:
Mercom Capital Group
Michelle Hargis
1.512.215.4452
www.mercomcapital.com
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) and Talos Energy Inc. (NYSE: TALO) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and sub-surface expertise with TechnipFMC’s extended history in subsea engineering, system integration and automation and control.
Cultivated through a shared vision to responsibly deliver CCS solutions that will help to reduce the global carbon footprint, this innovative partnership will accelerate offshore CCS adoption with reliable, specialized CCS systems.
Under the alliance, the companies will collaborate to progress CCS opportunities through the full lifecycle of storage site characterization, front-end engineering and design (FEED), and first injection through life of field operations. This further advances the companies’ leadership in the emerging Gulf Coast CCS market, building on Talos’s recent successful award as the operator of the only major offshore carbon sequestration hub in the United States.
Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are pleased to partner with Talos to deliver offshore CCS solutions that will help reduce CO2 emissions during the energy transition. This alliance capitalizes on our collective expertise and TechnipFMC’s position as a system integrator and architect to deliver a reliable industrial-scale solution for CCS.”
Bob Abendschein, Executive Vice President and Head of Operations at Talos, commented: “We are excited to announce this strategic alliance with TechnipFMC and to work collaboratively as we continue to execute on our strategy to scale our CCS business. Combining the technical expertise of both companies solidifies our market leadership in delivering integrated CCS solutions to lower industrial carbon emissions and create a positive impact in the communities where we work and live.”
Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
ABOUT TALOS ENERGY
Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico’s largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and storage collaborative arrangement along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.
Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Media relations
Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Talos Energy Investor Relations Contact
Sergio Maiworm
+1.713.328.3008
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303 Battery, the world’s first net zero energy high-rise apartment building, will also supply affordable housing for Seattle community
SEATTLE--(BUSINESS WIRE)--Today Sustainable Living Innovations (SLI) announced that it has begun installing the high-performance building panels that will make up the 15-story building under construction in Seattle’s Belltown neighborhood. SLI broke ground on 303 Battery in June. When complete, 27 of the 112 total apartments will be designated as affordable.
SLI’s patent-protected technology platform is a new way to build, using wall and floor panels that are manufactured with electrical wiring, plumbing, mechanical, fire safety and network systems equipment pre-installed. By designing and manufacturing buildings like cars and airplanes, SLI’s high-rise buildings go up faster and are more energy-efficient than conventional buildings.
“This is an important milestone for sustainability, for our company, our employees, our investors and so many others who have supported us,” said Arlan Collins, CEO of SLI. “The manufacture and installation of panels is the culmination of many hard years of effort.”
303 Battery will be the world’s first multifamily tower to meet the stringent net zero energy requirements set by the International Living Future Institute’s Living Building Challenge program, the same organization that certified Seattle’s Bullitt Center. Features include solar on the building’s roof, exterior walls and balconies in each unit, greywater and waste heat recovery systems, ultra-efficient hydronic heating and cooling systems, regenerative elevator motors, distributed DC power systems, and SLI’s advanced network systems and data management platform to ensure optimal building operations.
With 303 Battery’s sub-basement and foundation complete, the building’s approximately 900 panels that were manufactured in SLI’s Tacoma facility are being assembled on site. Ten primary panel types will be used in the construction of 303 Battery, with panels for walls, floors and ceilings of each room - living room, kitchen, bedroom, bathroom -- and specialized elevator panels.
303 Battery will be complete in summer 2022 and has been pre-sold to Equity Residential (NYSE: EQR). Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets.
About Sustainable Living Innovations
Sustainable Living Innovations (SLI) is a building technology and product development company that is disrupting the world’s largest addressable market by reimagining how buildings are designed, built, and operated. The company is revolutionizing the built environment by producing technology-enabled finished buildings that exceed the world’s most stringent sustainability standards and also help solve the affordable housing crisis. SLI designs, develops, and manufactures complete technology-enabled buildings using proprietary, high-performance building panels complete with integrated mechanical, electrical, plumbing, fire safety and network systems infrastructure. SLI’s finished buildings are more sustainable, as well as faster to design and complete versus conventional buildings. The company employs more than 80 people with offices in Seattle and Denver and operates a showroom in Seattle and a manufacturing facility in Tacoma, Washington.
Suzette Riley, This email address is being protected from spambots. You need JavaScript enabled to view it.; 206-409-1960
FORT WORTH, Texas--(BUSINESS WIRE)--Mustang Extreme Environmental Services, a leader in environmental containment, water treatment, ground protection, and remote site access has acquired the assets of RW Products, LLC.
“We’re delighted to further expand our support for the key American oil and gas industry with the acquisition of RW Products,” said Chris Thomas, CEO of Mustang Extreme. “Adding the RW Products team and resources to our best-in-class service offering in the Appalachian basins will provide our customers and operators with a customer experience unrivaled in the industry. The acquisition will allow us to continue to expand our service offerings to meet the changing market dynamics and address important ESG initiatives. Customers keep returning to Mustang Extreme thanks to the quality of our products, our breadth of products, and our impeccable service and safety record. The RW Products acquisition will further enhance this value proposition.”
“Patrick Justice and his team will continue to support the RW Products customers using our resources to enhance the experience where necessary. I look forward to working with Patrick,” continued Mr. Thomas. “With one of the most experienced crews in the oil and gas space, Mustang Extreme can meet the market needs and the RW Products team will further increase our ability to service the market.”
About Mustang Extreme Environmental Services
Mustang Extreme was formed in 2018 with the merger of Extreme Plastics Plus (founded in 2007), Mustang Energy Services (founded in 2011), the acquisition of Aria Rose Oilfield Solutions in 2019 and the acquisition of RW Products, LLC in 2021. The combined company is a leader in environmental containment, water treatment, ground protection and remote accessibility, with significant scale and a diversified suite of products and services. Mustang is the only containment company servicing all major oil & gas basins in the United States. Mustang Extreme is part of the Blue Wolf Capital Partners portfolio. For more information, visit www.mustangextreme.com.
Becky Byrd | 713-818-6162
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BEIT YANAI, Israel--(BUSINESS WIRE)--ElectReon (TASE: ELWS.TA), the leading provider of in-road wireless electric vehicle charging technology for commercial, public service, and passenger vehicles, announced today the successful launch of the first fully operational bus utilizing the company’s wireless charging infrastructure in the city of Visby in Gotland, Sweden. Implemented by a consortium of partners, the Smartroad Gotland project began operations in early 2020 and is one of four Electric Road demonstration projects currently being funded by the Swedish Transport Administration, Trafikverket.
Having supported Electric Road Systems (“ERS”) R&D programs for over a decade, Sweden is a pioneer in pursuing multiple ERS demonstration projects in preparation for large-scale fully commercial pilots with the goal of decreasing emissions, utilizing existing infrastructure and enabling cooperation between public authorities, industry, universities and politics in a cost-effective manner. As a great supporter of innovation, Gotland has proven to become an ideal testing ground for these innovative charging infrastructure systems due to the ease of collaboration between key project stakeholders as well as testing in real-world conditions and harsh wintery as ice and snow.
After implementing the first stretch of the wireless infrastructure in November 2019, the original deployment of this project was completed in the fall of 2020. Since then, the fully electric, 40-ton truck and trailer have successfully conducted tests on 1.6 km of road between the airport and city center of Visby, reached speeds up to 80 km/h, and as a result, received an average power of 70 kW from the electrified roadway.
“As one of ElectReon’s first deployments on public roads, it is exciting to see the Smartroad Gotland project meeting critical milestones,” said Oren Ezer, CEO of ElectReon. “By highlighting how a bus can successfully charge while en route in real-world environments, such as Gotland, it is clear that wireless charging solutions can provide cities a more convenient, cost-efficient and sustainable way to shift towards an electric future. We look forward to continuing this momentum towards large-scale implementation of our technology on Sweden’s roads.”
As a pre-commercial demonstration project, the Smartroad Gotland project will end in spring of 2022 but marks a critical step change for Sweden as it works to commercialize large-scale electric road systems throughout the country. By doing so, Sweden will be on track to reach its national target of installing 2,000 km of electric highways by 2030 and achieve net zero emissions by 2045.
“We are very happy to be a part of this world-unique investment in fossil-free solutions", says Martin Yang, Sales Director of HIGER in the European market. "Electreon's wireless technology works excellently with our electric vehicles and we are now ready to mass produce vehicles with the new technology. We look forward to participating in the development of future charging, static and dynamic."
About ElectReon
ElectReon is the leading provider of wireless charging solutions for electric vehicles (EVs), providing end-to-end charging infrastructure and services to meet the needs and efficiency demands of shared, public and commercial fleet operators and consumers. The company’s proprietary inductive technology dynamically (while in motion) and statically (while stopped) charges EVs quickly and safely, eliminating range anxiety, lowering total costs of EV ownership, and reducing battery capacity needs—making it one of the most environmentally sustainable, scalable, and compelling charging solutions available today. ElectReon works with cities and fleet operators on a charging as a service (CaaS) platform that enables cost-effective electrification of public, commercial, and autonomous fleets for smooth and continuous operation. For more information, visit electreon.com.
Media Contact
Katelyn Davis
On behalf of ElectReon
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HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2021 earnings conference call for Thursday, October 28, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the quarter, which will be released before the market opens on Thursday, October 28, 2021.
By Phone:
Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call at least 10 minutes prior to the start time.
A replay will be available through November 4th by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13724492#.
By Webcast:
Connect to the webcast via the Events and Presentations page of Civeo's Investor Relations website at www.civeo.com.
Please log in at least 10 minutes in advance to register and download any necessary software.
A webcast replay will be available after the call.
ABOUT CIVEO
Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 28 lodges and villages in Canada, Australia and the U.S., with an aggregate of approximately 30,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo's website at www.civeo.com.
Regan Nielsen
Civeo Corporation
Senior Director, Corporate Development & Investor Relations
713-510-2400
DUBLIN--(BUSINESS WIRE)--The "Terminal Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global terminal automation market reached a value of US$ 4.2 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of around 6% during 2021-2026.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Terminal automation refers to the process of automating various control functions of equipment or machinery in a warehouse or manufacturing unit. A terminal is a storage facility for oil, gas, chemicals and other products that need to be transported to the point of sale (POS). Terminal automation systems (TAS) consist of various mechanical, hydraulic, pneumatic, electronic and computerized systems to control equipment and processes. They offer centralized and systematic control over the entire product handling process, which involves bulk loading, receiving, reconciling, storing and distributing products. They provide various other benefits, such as reduced operational and maintenance costs, improved productivity and enhanced security of assets and human resources.
Significant growth in the oil and gas industry, along with increasing industrial automation, is one of the key factors creating a positive impact on the market. Terminal operators are utilizing automated systems that improve the productivity and efficiency of the terminal by handling larger vessels with greater holding capacities. In line with this, widespread adoption of terminals for blending, storing and handling biofuels is stimulating the market growth. Additionally, the development of technologically advanced automation solutions and the integration of the Industrial Internet of Things (IIoT) and cloud-computing, are acting as other growth-inducing factors. These solutions offer improved support and monitoring of remote sites, cloud-based tracking, smart event processing and administration of unmanned operations. Other factors, including the increasing investments to upgrade existing terminals, especially in developing countries, along with the growing adoption of wireless technologies, are anticipated to drive the market further.
Key Questions Answered in This Report
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Terminal Automation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Offering
7 Market Breakup by Project Type
8 Market Breakup by Vertical
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/yqanot
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Gary Cresswell to Become Chairman of the Board
CALGARY, Canada--(BUSINESS WIRE)--Intelligent Wellhead Systems Inc. (IWS) is pleased to announce that its board of directors has appointed William Standifird as Chief Executive Officer. Also, effective October 5, Gary Cresswell, a current non-executive director, will become independent non-executive Chairman of the Board.
William Standifird’s 24-year international career includes operational and leadership positions in drilling, completions, and production technologies with startup and major oilfield service companies including Schlumberger and Halliburton.
Gary Cresswell is a 30-year global industry veteran with a proven ability to lead strategic, technical, and operational teams. He has held several board positions and currently serves as a non-executive director for two oilfield technology companies and as Executive Chairman of Probe Technology Holdings.
“I am thrilled to lead the IWS team as we advance our portfolio of digital completion technologies. Our inVision™ Technology Platform is unmatched in helping oil and gas operators improve completions performance,” said Standifird. “Developing and implementing a safer, more reliable, and effective digital infrastructure for hydraulic fracturing and wireline operations promise to create significant value for our customers and shareholders.”
Cresswell commented, “William is a strong addition to the executive team, and his leadership skills will help the IWS management team accelerate growth of our innovative approach to helping operators deliver safe and efficient completions.”
About Intelligent Wellhead Systems
Intelligent Wellhead Systems designs, tests, manufactures, and deploys proprietary and unique digital safety and efficiency workflow technologies for oil and gas well completion operations. The company’s inVision™ Technology Platform helps oil/gas and oilfield service companies reduce operating risk, lower the total cost of operations, and improve uptime. IWS is a privately owned technology and services company that is backed by Pason Systems Inc. ("Pason") (TSX: PSI).
Steve Sinclair-Smith
Chief Operating Officer
Intelligent Wellhead Systems Inc.
+1-587-323-7100
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intelligentwellheadsystems.com
NEW YORK--(BUSINESS WIRE)--GS Acquisition Holdings Corp II (“GSAH”) (NYSE: GSAH) today announced that its stockholders approved the proposals that were conditions to closing of the previously announced business combination with Mirion Technologies, Inc. (“Mirion” or the “Company”) at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission.
The closing of the Business Combination is expected to occur on or about October 20, 2021, subject to the satisfaction or waiver of all closing conditions. Following closing, the combined company will be known as Mirion Technologies, Inc. and its Class A common stock and warrants are expected to trade on the New York Stock Exchange under the new ticker symbols “MIR” and “MIRW”, respectively.
The deadline for GSAH stockholders to withdraw any election to have their shares redeemed in connection with the Business Combination will be 5:00 p.m. Eastern Time on Tuesday, October 19, 2021. Stockholders who wish to withdraw a redemption request should contact GSAH’s transfer agent, Continental Stock Transfer & Trust Company, by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
About Mirion
Mirion Technologies is a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets. The organization aims to harness its unrivaled knowledge of ionizing radiation for the greater good of humanity. Many of the company's end markets are characterized by the need to meet rigorous regulatory standards, design qualifications and operating requirements. Headquartered in Atlanta (GA – USA), Mirion employs around 2,500 people and operates in 13 countries. For more information, and for the latest news and content from Mirion, visit Mirion.com. Mirion is currently a portfolio company of Charterhouse Capital Partners, LLP.
About GSAH
GS Acquisition Holdings Corp II (NYSE: GSAH) is a special purpose acquisition company formed for the purpose of effecting merger, stock purchase or similar business combination with one or more businesses. The company is sponsored by an affiliate of The Goldman Sachs Group, Inc. In June 2020, GSAH completed its initial public offering, raising $750 million from investors.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the closing of the business combination and the listing of Mirion’s securities on the New York Stock Exchange. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “pro forma,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When GSAH or Mirion discusses its strategies or plans, including as they relate to the potential transaction, it is making projections, forecasts and forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, GSAH’s or Mirion’s management.
These forward-looking statements involve significant risk and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside GSAH’s and Mirion’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) GSAH’s ability to complete the potential transaction or, if GSAH does not complete the potential transaction, any other initial business combination; (2) satisfaction or waiver (if applicable) of the conditions to the potential transaction, including with respect to the approval of the stockholders of GSAH; (3) the ability to maintain the listing of the combined company’s securities on the New York Stock Exchange; (4) the inability to complete the private placement; (5) the risk that the proposed transaction disrupts current plans and operations of GSAH or Mirion as a result of the announcement and consummation of the transaction described herein; (6) the ability to recognize the anticipated benefits of the proposed transaction, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (7) costs related to the proposed transaction; (8) changes in applicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the potential transaction; (9) the possibility that GSAH and Mirion may be adversely affected by other economic, business, and/or competitive factors; (10) the outcome of any legal proceedings that may be instituted against GSAH, Mirion or any of their respective directors or officers, following the announcement of the potential transaction; (11) the failure to realize anticipated pro forma results or projections and underlying assumptions, including with respect to estimated stockholder redemptions, purchase price and other adjustments; (12) future global, regional or local political, market and social conditions, including due to the COVID-19 pandemic; and (13) other risks and uncertainties indicated from time to time in the definitive proxy statement/prospectus of GSAH, including those under “Risk Factors” therein, and other documents filed or to be filed with the Securities and Exchange Commission (“SEC”) by GSAH.
Forward-looking statements included in this release speak only as of the date of this release. Neither GSAH nor Mirion undertakes any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GSAH’s reports filed with the SEC and available at the SEC’s website at http://www.sec.gov.
Disclaimer
This press release relates to the proposed business combination. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
For investor inquiries, please contact:
GS Acquisition Holdings Corp II
Please email: This email address is being protected from spambots. You need JavaScript enabled to view it.
For media inquiries, please contact:
Phil Denning / Nora Flaherty
E This email address is being protected from spambots. You need JavaScript enabled to view it.
Patrick Scanlan
Goldman Sachs & Co. LLC
T +1 212-902-5400
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Baird 2021 Global Industrial Virtual Conference on Thursday, November 11, 2021.
The fireside chat is scheduled for 1:00 p.m. Central Time (2:00 p.m. Eastern Time) that same day and will only be available to Baird clients. The presentation will be posted to the Company’s Investor Relations section of its website, www.primoriscorp.com.
About Primoris
Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.
Brook Wootton
Vice President, Investor Relations
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today Emera (TSX: EMA) announced that it will release its Q3 2021 results on Wednesday, November 10, 2021, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.
Analysts and other interested parties in North America are invited to participate by dialing 1-866-521-4909. International parties are invited to participate by dialing 1-647-427-2311. Participants should dial in at least 10 minutes prior to the start of the call. No pass code is required.
A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com. A replay of the teleconference will be available two hours after the conclusion of the call by dialing 1-800-585-8367 or 1-416-621-4642 and entering pass code 1897285.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $31 billion in assets and 2020 revenues of more than $5.5 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.
Emera Inc.
Investor Relations:
Dave Bezanson, VP, Investor Relations & Pensions
902-474-2126
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Media:
902-222-2683
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TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) fiscal fourth quarter 2021 earnings release, you are invited to listen to its conference call on Thursday, November 18, 2021, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
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Helmerich & Payne, Inc.’s Fiscal Fourth Quarter 2021 Earnings Release. Other material developments may also be discussed. |
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11:00 a.m. ET (10:00 a.m. CT), Thursday, November 18, 2021 |
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Via Phone: |
Domestic: 800-895-3361 |
Access Code: Helmerich |
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International: 785-424-1062 |
Access Code: Helmerich |
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Via Internet: |
Visit http://www.helmerichpayne.com then click on “Investors” and then click on “News & Events – Event & Presentations” to find the link to the webcast. |
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Dave Wilson, This email address is being protected from spambots. You need JavaScript enabled to view it., 918-588-5190 |
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If you are unable to listen during the live webcast, the call will be archived for 365 days on Helmerich & Payne, Inc.’s website, http://www.helmerichpayne.com, under “News & Events – Event & Presentations”, which can be accessed through the “Investors” section of the website.
About Helmerich & Payne, Inc.
Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. For more information, visit www.helmerichpayne.com.
Helmerich & Payne uses its website as a channel of distribution for material company information. Such information is routinely posted and accessible on its investor relations website at www.helmerichpayne.com.
Dave Wilson, This email address is being protected from spambots. You need JavaScript enabled to view it., 918-588-5190
TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) announced today that it expects to release its 2021 third quarter financial results on Thursday, November 11, 2021 after the close of North American markets.
Earnings Conference Call & Webcast Details
A conference call and webcast to discuss the 2021 third quarter financial results will be held at 10:30 AM EDT on Friday, November 12, 2021. To participate in the conference call, dial: 1-844-389-8661. Internet users can listen to the call live at: https://edge.media-server.com/mmc/p/c9795pya or as an archived call, on Superior's website at: www.superiorplus.com under the Events section.
About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.
For further information about Superior, please visit Superior’s website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).
Beth Summers, Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran, Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: 1-866-490-PLUS (7587).
CANONSBURG, Pa.--(BUSINESS WIRE)--#ETRN--Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2021. The dividends will be paid on November 12, 2021 to all applicable ETRN shareholders of record at the close of business on November 2, 2021.
About Equitrans Midstream Corporation:
Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.
For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.
Source: Equitrans Midstream Corporation
Analyst inquiries:
Nate Tetlow – Vice President, Corporate Development and Investor Relations
412.553.5834
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Media inquiries:
Natalie A. Cox – Communications and Corporate Affairs
412.395.3941
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HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.027000 per unit, payable on November 15, 2021 to unitholders of record on October 29, 2021. The net profits interest calculation represents reported oil production for the month of July 2021 and reported natural gas production during June 2021. The calculation includes accrued costs incurred in August 2021.
The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.
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Current Month |
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37,384 |
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1,206 |
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306,555 |
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10,219 |
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70.27 |
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2.92 |
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38,925 |
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1,298 |
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288,656 |
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9,311 |
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71.35 |
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2.83 |
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Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $2.6 million for the current month on realized wellhead prices of $70.27/Bbl, down $0.1 million from the prior month distribution period.
Recorded natural gas cash receipts from the Underlying Properties totaled $0.9 million for the current month on realized wellhead prices of $2.92/Mcf, up $0.1 million the prior month distribution period.
Total accrued operating expenses for the period were $2.2 million, a $0.1 million decrease month-over-month from the prior period. Capital expenditures decreased $0.1 million from the prior period to $0.2 million.
About Permianville Royalty Trust
Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.
Forward-Looking Statements and Cautionary Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, expected expenses, including capital expenditures. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from COERT Holdings 1 LLC (the “Sponsor”) with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have experienced significant fluctuation since the beginning of 2020 in response to the economic effects of the COVID-19 pandemic and the actions taken by Russia and the members of the Organization of Petroleum Exporting Countries regarding production levels. Low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 23, 2021. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.
Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555
Securing Japan’s ports in Kobe and Tokyo with high-performance contraband detection
TOKYO--(BUSINESS WIRE)--Smiths Detection, a global leader in threat detection and security inspection technologies, has secured a contract with Japan Customs to provide two Hi Energy 9 MeV, interlaced, dual view HCVS high-performance cargo inspection systems for screening trucks and cargo containers to Tokyo Customs at Jyonanjima and Kobe Customs at Mizushima. Installations will start in April 2022.
This improved HCVS X-ray stationary screening system utilizes a new upgraded conveyor mechanism which optimises security checks by scanning whole trucks (cabin included), containers, and vehicles for threats and contraband. With the ability to discriminate between organic and inorganic materials, the HCVS reduces the need for manual inspection while producing rapid and reliable results. It is already deployed at various ports across Japan and at international ports such as Belgium’s Port of Antwerp and Israel’s Haifa Port.
Japan is the world’s fourth largest importer and exporter of goods, making trade essential for its economy. In August 2021, imports and exports rose by over 20 percent year on year as Japan’s economy continues to recover from the impact of the pandemic1.
“As the volume of goods and trade increases globally, being technologically innovative is vital for establishing trust between stakeholders and maintaining the flow of goods through our local and global markets,” said Kevin Davies, Smiths Detection, Global Director Ports and Borders. “Smiths Detection is proud to support Tokyo and Kobe Customs in creating the safest port environments possible. With state-of-the-art technology and our global team, we look forward to strengthening the region’s ease of trade and securing movements of cargo around the world.”
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About Smiths Detection
Smiths Detection, part of Smiths Group, is a global leader in threat detection and screening technologies for aviation, ports and borders, defence and urban security. Our experience and history across more than 40 years at the frontline, enables us to deliver the solutions needed to protect society from the threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals and narcotics.
Our goal is simple – to provide security, peace of mind and freedom of movement upon which the world depends.
For more information visit www.smithsdetection.com.
Terri Teo
Edelman on behalf of Smiths Detection
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Sophie Mills
Global Communications Manager
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