BlocPower Workforce Trainees to Operate Aclima Mobile Air Sensor Network Block by Block
NEW YORK--(BUSINESS WIRE)--#PBC--During a Climate Week NYC event, Aclima co-founder and CEO Davida Herzl and BlocPower founder and CEO Donnel Baird announced a partnership to scale up their commitment to creating good green jobs in the communities that need them most, while also delivering the technology needed to guide emissions reductions, clean up the air, and protect communities.
BlocPower, a New York-based climate tech startup that is rapidly greening American inner cities, will work with Aclima and its community and government partners to train and staff workforce trainees to operate Aclima’s mobile environmental sensor network — the world’s largest. Through the partnership, BlocPower will provide recruitment and workforce development support to Aclima, sourcing talent from impacted communities.
“Aclima and BlocPower are launching a partnership to bring green jobs, street-level transparency into air pollution and greenhouse gas emissions, and healthy buildings to New York City and beyond,” said Baird. “Aclima is a gamechanger — bringing the world’s largest mobile environmental sensor network to cities so people can breathe better, block by block.”
Aclima, a Public Benefit Corporation that measures and analyzes air pollution and greenhouse gases block by block will work with BlocPower and its community and government partners to identify pollution hotspots, target interventions, accelerate emissions reductions, and track progress over time. Aclima will create employment opportunities for talent to run the sensor network, generating block-level air pollution and greenhouse gas data.
“Together with BlocPower we can draw down emissions, and lift people up,” said Herzl. “Using this new data and transparency, we’re turning the climate crisis into an opportunity to green our cities, transform our economy, and create a more just future for all.”
The data will then be used by BlocPower to target building retrofits and will be made publicly available to identify the greatest opportunities for emissions reductions that support the health of the community.
Through this partnership, Aclima and BlocPower are demonstrating a blueprint for implementation of the Build Back Better plan, delivering good green jobs and a healthier environment through bold, data-driven climate action in the communities that need them most, in partnership with local residents.
About Aclima
Aclima is a Public Benefit Corporation that has pioneered an entirely new way to measure and analyze air pollution and greenhouse gases, block by block and around the world. The Aclima hardware and software technology platform translates billions of scientific measurements from its network of stationary and roving sensors into environmental intelligence for governments, businesses, and communities. Aclima is dedicated to catalyzing bold action to protect public health, reduce climate-changing emissions, and support environmental justice. For more information please visit https://aclima.io.
About BlocPower
BlocPower is a Brooklyn-based climate technology startup that is making American cities greener, smarter and healthier. Since its founding in 2014, the company has retrofitted more than 1,100 buildings in disadvantaged communities in New York City, with projects underway in 26 cities. BlocPower uses proprietary software for analysis, leasing, project management, and monitoring of clean energy projects that save customers between 20-70 percent on annual energy costs. For more information please visit https://blocpower.io.
BlocPower PR Contact:
Eric Sokolsky
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(908) 288-7201
Aclima PR Contact:
Jeannie Entin
(646) 460-9470
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WALTHAM, Mass.--(BUSINESS WIRE)--#california--Opinion Dynamics is pleased to announce we have been selected to lead the evaluation for two of the largest decarbonization pilot programs in the United States: the Building Initiative for Low-Emissions Development (BUILD) Program and the Technology and Equipment for Clean Heating (TECH) Initiative.
The BUILD and TECH Initiatives are intended to put California on a path to carbon-free homes by 2045. These programs—designed to address and reduce market barriers to accelerate the longer-term adoption of decarbonization technologies, and ultimately transform the market over time—also strive for equity, cost-effectiveness, regulatory simplicity, and market transformation.
“We are thrilled to be selected to lead two groundbreaking decarbonization efforts in the country and play a pivotal role in accelerating the shift to a clean energy future in California,” expressed Brad Kates, Opinion Dynamics’ CEO. He continued, “We are excited to pioneer state-of-the-art methods for evaluating decarbonization efforts through this work.”
Opinion Dynamics has garnered a reputation for tackling robust, multi-faceted projects. This opportunity is a culmination of our exceptional level of project management and technical expertise. We have assembled an impressive team of diverse and highly qualified research and evaluation professionals for this unprecedented effort and are excited to bring this diverse skillset and team to define the state of the art for evaluations of this type.
About Opinion Dynamics – Opinion Dynamics works to advance knowledge to address emerging energy and social issues through sound and insightful research. It is the largest independently owned company that focuses on energy efficiency, transportation electrification, beneficial electrification, and flexible load. It is headquartered in Massachusetts with offices in Northern and Southern California, and Portland, OR, as well as satellite offices throughout the country. For more information, please visit www.opiniondynamics.com.
Media:
Keri Bailey, Communications Manager
PH: 617-492-1400 x4645
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Central European energy group to implement OneStream’s Intelligent Finance platform
BIRMINGHAM, Mich.--(BUSINESS WIRE)--Energetický a průmyslový holding (EPH), a leading Central European energy group, has selected corporate performance management (CPM) vendor OneStream Software to unify the company’s finance operations. EPH will utilize the OneStream platform to streamline their financial close, consolidation, planning and reporting processes for over 400 users across the enterprise.
EPH owns and operates assets in the Czech Republic, the Slovak Republic, Germany, Italy, Ireland, the UK, France and Switzerland. The company manages over €18 billion in assets, with €8.5 billion in revenue in 2020. The company needed a flexible platform that could accommodate the complexity of EPH’s assets, as well as manage the company’s continued growth and ever-changing business environment. After a detailed evaluation process, OneStream was selected for the platform’s modern approach to CPM.
“OneStream brings a new and fresh concept based on predefined process and best practices in financial management,” said Martina Matouskova, Business Performance Director at EPH. “The platform is flexible to support our complex business environment as well as rapid changes in our Group structure. Partnering with OneStream will help with future automatization of our finance processes and will play a key role in improving our user experience.”
“Just as EPH seeks to achieve excellence in all aspects of its operations, our mission at OneStream is to drive 100% customer success,” said Craig Colby, President at OneStream. “We are thrilled to partner with EPH to evolve their financial processes and to support their growth by providing key insights into business performance, flexibility for users and a unified approach to the office of finance, from financial close and consolidation to reporting, planning and analytics.”
About EPH
Energetický a průmyslový holding (EPH) is a leading Central European energy group that owns and operates assets in the Czech Republic, the Slovak Republic, Germany, Italy, Ireland, the UK, France and Switzerland.
EPH is a vertically integrated energy utility covering the complete value chain ranging from highly efficient cogeneration, power and heat generation, natural gas transmission, gas storage, as well as gas, heat and electricity distribution and supply. The scope includes also trading and logistics platforms, gas infrastructure management, and real estate development. For more information, visit www.epholding.cz.
About OneStream Software
OneStream Software provides a market-leading intelligent finance platform that reduces the complexity of financial operations. OneStream unleashes the power of finance by unifying corporate performance management (CPM) processes such as planning, financial close and consolidation, reporting and analytics through a single, extensible solution. We empower the enterprise with financial and operational insights to support faster and more informed decision-making. All in a cloud platform designed to continually evolve and scale with your organization.
OneStream is an independent software company backed by private equity investors KKR, D1 Capital Partners, Tiger Global and IGSB. With over 750 customers, 200 implementation partners and 900 employees, our primary mission is to deliver 100% customer success. To learn more visit www.onestreamsoftware.com.
OneStream Software
PAN Communications
Kristen Hyle
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Laura Kuri Benavides named new Director of Sustainability to lead IBC’s sustainability initiatives
CRESSON, Texas--(BUSINESS WIRE)--Integrity Bio-Chemicals, LLC (IBC), a technology-driven company developing next-generation biopolymers, announced the appointment of Laura Kuri Benavides as its first Director of Sustainability. Benavides will lead IBC’s sustainability initiatives and help advance the company’s stewardship toward more sustainable solutions. This inaugural position reflects customer demand for more environmentally friendly products and practices.
As Director of Sustainability, Benavides will implement and document IBC’s sustainable processes; publish environmental, social and governance (ESG) reports; draft environmental policy; and act as a liaison between IBC’s departments to highlight their sustainable practices. Additionally, Benavides will provide guidance on emerging technological advances in sustainability.
“The creation of Laura’s role shows our current and prospective customers, business partners and the industry how serious we are about prioritizing sustainability in all we do,” said Jimmy Jett, CEO of IBC. “With her experience and knowledge, Laura is highly qualified to be IBC’s first-ever Director of Sustainability. As the voice of our company’s sustainability mission, Laura will share our groundbreaking, environmentally friendly and affordable products with the world.”
The Director of Sustainability role was created with Benavides’ expertise in mind, allowing her to harness her proficiency in technology, field work, research and development to actively promote sustainability. Before joining IBC, Benavides served as Technical Sales Manager at IBC, Sales Representative for Latin America at Halliburton, and Quality Control and Laboratory Manager at Cebo Holland B.V. in the Netherlands.
“My international experiences across a wide range of industries helped me understand what the world values and why it’s so important to take care of our planet,” said Benavides. “I firmly believe IBC’s biopolymer technology has the power to revolutionize the energy, mining, industrial, and household and personal care markets, and I couldn’t be more passionate about how our products help bring sustainable science to the whole world.”
In addition to the Director of Sustainability role, Benavides is maintaining her current position as the Vice President of Technology for Integrity Mining and Industrial (IMI), where she is responsible for product development, project management and customer interface. Benavides has a bachelor’s degree in biochemistry from the University of Texas at Austin.
To learn more about IBC’s sustainability initiatives, please visit www.integritybiochem.com/sustainability.
About Integrity Bio-Chemicals
Founded in 2017, Integrity Bio-Chemicals, LLC (IBC) is a technology-driven company with a deep bench of industry experts producing next-generation modified biopolymers for the energy, mining, industrial, and household and personal care markets using renewable and sustainable practices. IBC is first to market with a new category of patent-pending, high-performance surfactants, created with natural sources and capable of faster production cycles at larger scales and lower costs. Our commitment to transparency and innovation brings world-class service to our customers worldwide.
Chad Hall
Vice President, Production Enhancement
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VALLEY FORGE, Pa.--(BUSINESS WIRE)--#fortune500--UGI Corporation (NYSE: UGI) is expanding a unique partnership with the Human Library Organization (HLO), a Danish-based nonprofit that works internationally to help organizations with their diversity, equity, and inclusion efforts.
UGI has committed to a sponsorship role with the Human Library for the creation of a digital learning platform that will expand the reach of the Human Library’s diversity experiences across the globe. UGI began working with the Human Library in 2020 for diversity and inclusion education for its leadership development, supervisor training and new hire onboarding programs. Nearly 500 employees participated in the Human Library “reader sessions” over the past year and UGI expects that more than 500 additional employees will participate in the coming year.
The Human Library offers diversity training for companies that want to raise social and cultural awareness in their workforce to promote better partnerships with customers and the communities they serve. The learning platform addresses cultural, religious, social and ethnic differences by offering direct conversations with people experiencing stigma, discrimination or prejudice and challenges stereotypes.
Roger Perreault, President and Chief Executive Officer of UGI Corporation, said, “We are excited to announce this strategic partnership with the Human Library and help to promote this mission globally. We launched our Belonging, Diversity, Inclusion, and Equity (BIDE) initiative in 2020 to promote greater diversity of thought, inclusive leadership, and equitable treatment of our employees, customers, and the communities we serve. We think our partnership with the Human Library will help us along our journey to become an even more innovative and inclusive company.”
Before COVID-19, individuals participated in Human Library experiences at a local library, university, or their workplace. In the past year, these live sessions became virtual, allowing an organization’s employees to meet people with diverse identities from around the world, ask questions about difficult issues, and promote more inclusive communities.
Ronnie Abergel, Chief Executive Officer and Founder of The Human Library, said, “With this important support from UGI, we will soon be able to offer our safe space online and publish people as ‘open books’ to help us better understand our diversity. The app and community we are building together will be a home for curious and courageous conversations with people everywhere.”
About UGI Corporation
UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, natural gas utilities in West Virginia, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas in the Mid-Atlantic region of the United States, California, and the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.
Investor Relations
Tameka Morris, 610-456-6297
Arnab Mukherjee, 610-768-7498
Shelly Oates, 610-337-1000 ext. 3202
Human Library
Copenhagen, Denmark
+45 4292 1217
Emma Arne Skidmore
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DUBLIN--(BUSINESS WIRE)--The "North America Smart Fleet Management Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The smart fleet management market in North America is estimated to develop with 7.73% of CAGR in the projected years 2021-2028. The United States and Canada together comprise the market in this region.
Additionally, there has been a significant rise in the workers being employed in this sector. The development of the construction sector is also set to raise the adoption of fleet vehicles to complete construction tasks, which will boost the adoption of smart fleet management solutions.
Companies based here are launching new products. For instance, ID Systems Inc introduced PowerFleet Essence, a new category of telematics platforms for industrial trucks, used in small- and medium-sized fleets for logistics, distribution, manufacturing, and retail.
Another company, AT&T Inc, launched a fleet management solution to cater to the growing requirements of small businesses, enterprises, and government organizations. It has integrated the fleet tracking platform provided by Geotab with its own IoT platform to launch a comprehensive solution.
This is expected to boost productivity, improve safety, control costs, and manage compliance for the company's customers. These developments indicate that the smart fleet management market in the United States will witness substantial growth in the forecast period.
Some of the prime players in the smart fleet management market include ID Systems Inc (PowerFleet Inc), Denso Corporation, Robert Bosch GmbH, International Business Machines Corporation, Tech Mahindra Limited, and Sierra Wireless Inc.
Key Topics Covered:
1. North America Smart Fleet Management Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on the Smart Fleet Management Industry
2.2. Key Insights
2.2.1. Growing Interest Towards Cloud-Based Smart Fleet Management Solutions
2.2.2. Emergence of Intelligent Transportation Systems
2.2.3. Fuel Management & Vehicle Monitoring
2.3. Porter's Five Forces Analysis
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Key Market Strategies
2.8. Market Drivers
2.8.1. Demand for Streamlining Fleet Operations
2.8.2. Rapid Development in Network Infrastructure and Declining Hardware Costs
2.8.3. Proactive Initiatives Towards Vehicle Safety and Emission
2.9. Market Challenges
2.9.1. High Costs & Security Concerns
2.10. Market Opportunities
2.10.1. Introduction of Connected Technologies in Vehicles
2.10.2. Incorporation of Real-Time Fleet Monitoring Systems in Automobiles
3. North America Smart Fleet Management Market Outlook - by Connectivity
3.1. Short Range
3.2. Long Range
3.3. Cloud
4. North America Smart Fleet Management Market Outlook - by Transport Type
4.1. Roadways
4.2. Marine
4.3. Airways
4.4. Railways
5. North America Smart Fleet Management Market Outlook - by Application
5.1. ADAS
5.2. Tracking
5.3. Optimization
5.4. Fuel Cards
5.5. Automatic Vehicle Identification
6. North America Smart Fleet Management Market - Regional Outlook
6.1. United States
6.2. Canada
7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/dnk2kd
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BELOIT, Wis.--(BUSINESS WIRE)--#OEM--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, expanded its leadership team with two new executives: Crystal Brent and Chancelor Wyatt.
Crystal Brent joins the company as Vice President of Marketing. She will leverage more than a decade of marine-related marketing experience to direct and guide marketing strategies for Fairbanks Morse Defense and each of its divisions. Previously, Brent served in various marketing roles with Rolls-Royce Marine Services and most recently served as Chief Marketing Officer for the hospital ship healthcare charity, Mercy Ships Canada. Brent will be working remotely from Toronto, Canada.
Chancelor Wyatt joins FMD as Vice President and General Manager of Ward Leonard and will oversee daily operations of the division from Thomaston, Conn. Wyatt brings more than 20 years of experience as a strategic business executive for the industrial and commercial markets. Before joining the Ward Leonard division, Wyatt served as a business unit leader for ITW/Miller Electric, an arc welding and cutting equipment manufacturing company. He also served as the Portfolio Head of Marketing and Business Development at Ansell, a leading manufacturing firm in Iselin, NJ.
“There has never been a more dynamic time to be part of the Fairbanks Morse Defense team as we rapidly expand our capabilities and solidify our position as a leading single-supplier for marine defense,” said FMD CEO George Whittier. “Crystal’s background in marine marketing and Chancelor’s expertise in managing operations for the industrial and commercial sectors are exactly the skills we need to guide us through the next phase of growth. We welcome both of these seasoned executives to Fairbanks Morse Defense.”
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.
Mercom Capital Group
Michelle Hargis
1.512.215.4452
www.mercomcapital.com
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PG&E Urges Customers to Prepare an Emergency Kit and Go Bag in Advance of a Disaster
SAN FRANCISCO--(BUSINESS WIRE)--The fall season begins tomorrow, and bone-dry drought conditions have made the western United States a tinderbox prime for wildfires. That, combined with the threat of earthquakes, floods and landslides, makes it essential for Californians to be prepared for disasters. Pacific Gas and Electric Company (PG&E) reminds its customers that the best time to prepare for an emergency or natural disaster is before it happens. That’s what National Preparedness Month is all about.
Start by gathering supplies and creating an emergency kit that will last for several days after a disaster for everyone living in your home. Be sure to include flashlights, fresh batteries, first aid supplies and cash. If you already have a kit, make sure it’s up to date. Customers can get updates on power outages in their neighborhood using PG&E’s outage information line at 1-800-743-5002 and PG&E’s Electric Outage Map online at pge.com.
Don’t forget to pack a go-bag, a bag of essential items ready for use in case you need to evacuate your home. Consider the unique needs of everyone in your family, including elderly, children and pets.
It can be hard to imagine what an evacuation might feel like and what you would grab first, if you had the chance. In a recent video on PG&E’s Safety Action Center website, you can watch a Sierra foothills family put through a simulated wildfire evacuation to demonstrate how being prepared can help bring calm to the chaos.
Emergency Preparation Tips
Electric Safety Tips
If your vehicle comes in contact with a downed power line:
If there is a fire and you have to exit a vehicle that has come in contact with downed power lines:
Gas Safety Tips
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.
MEDIA RELATIONS:
415-973-5930
HOUSTON--(BUSINESS WIRE)--Hoover CS is proud to announce a multi-year agreement with Advanced Refining Technologies LLC (ART), the joint venture of US specialty chemicals and materials company W. R. Grace & Co. (NYSE:GRA) and US energy company Chevron (NYSE:CVX), in partnership with Bahrain Petroleum Company (Bapco). Under the terms of the agreement, Hoover CS will provide ART with circular catalyst packaging and logistics solutions in support of the largest catalyst management agreement signed in Bapco’s history.
On August 11th, 2021, Hoover CS executive leadership attended the signing ceremony with Bapco’s Chairman and Chief Executive Dr. Dawood Nassif, along with senior management and executives from Bapco, ART, and Chevron Lummus Global (CLG).
“It’s very exciting to be part of the single largest catalyst management agreement in Bapco’s history,” says Arash Hassanian, Hoover CS Senior Vice President. “We look forward to working closely with ART in providing sustainable packaging solutions and managing key aspects of the logistics across the supply chain.”
Jag Reddy, Managing Director of ART, said, “Hoover CS plays a critical role in helping us align with Bapco’s sustainability initiatives. Their industry-leading circular catalyst packaging and logistics solutions enable us to deliver a convenient, and sustainable solution for our client.”
Hoover CS will play a critical role in the transportation of fresh and spent catalyst to and from the United States, the Kingdom of Bahrain, and South Korea, along with specialized logistics and services, such as handling and repackaging, truck loading, and fleet management through its proprietary FleetAI technology.
In addition, Hoover CS will identify opportunities to improve circularity within ART’s supply chain, ensuring sustainability goals and net zero objectives are at the forefront of their strategy.
About Hoover CS
Hoover CS is paving the way for customers across the chemical, refining and general industrial-end markets to move away from single-use containers. Through its large rental fleet of reusable liquid and dry IBCs and ISO tanks, combined with integrity management and fleet management services, Hoover CS’s sustainable packaging solutions facilitate circularity across the supply chain, yielding an optimized environmental footprint through reduced plastic, water conservation, and lower greenhouse gas emissions. For more information, please visit hooversolutions.com.
About ART Hydroprocessing
ART, a joint venture between Grace and Chevron, is a leading supplier of hydroprocessing catalysts that produce cleaner fuels. ART Hydroprocessing™ represents a complete portfolio of resid hydrotreating, hydrocracking, and lubes hydroprocessing, and distillate hydrotreating catalyst technologies through a global manufacturing network. ART Hydroprocessing combines Chevron’s extensive expertise in refining operations, catalyst technology and development, process design leadership, and licensing with Grace’s materials science, specialty chemical manufacturing, and global sales and technical service strengths, to improve refiners’ profitability through catalytic solutions that improve the quality and yields of fuels refined from a wide variety of feedstocks. The ART team works seamlessly with CLG, itself a joint venture between Chevron U.S.A. Inc. and Lummus Technology, which is a leading process technology licensor for refining hydroprocessing technologies and alternative source fuels. More information is available at ART Hydroprocessing.com.
Lana Belmokadem,
Vice President of Marketing, Hoover CS
+1-281-870-8402 x 1075
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Regular Monthly Hybrid Meeting Scheduled Sept. 28 – Open to the Public
HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority will conduct its Regular Monthly Meeting on September 28, 2021 at 9:15 a.m. as a hybrid meeting. The Commissioners, executive leadership, and legal counsel will be present in the boardroom of the Port Authority Executive Office Building, located at 111 East Loop North, Houston, TX 77029.
The meeting is open to the public. However, the meeting can also be accessed virtually via WebEx webinar.
The Pension and Benefits Committee will meet on Tuesday, September 21st at 10:00 a.m.
The agenda and the instructions to access these meetings are available at https://porthouston.com/leadership/public-meetings/.
Sign up for public comment is available up to an hour before the Port Commission Regular Monthly, Committee and Advisory Council meetings by contacting Erik Eriksson at This email address is being protected from spambots. You need JavaScript enabled to view it. or Liana Christian at This email address is being protected from spambots. You need JavaScript enabled to view it..
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel – the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. nation. The more than 200 private and eight public terminals along the federal waterway supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6% of Texas’ total gross domestic product (GDP) – and a total of $801.9 billion in economic impact across the nation. For more information, visit the website: https://porthouston.com/
Lisa Ashley, Director, Media Relations, Port Houston
Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Lafarge Canada and LafargeHolcim in the US support low carbon cement solution across North America
CALGARY, Alberta--(BUSINESS WIRE)--In response to ever-increasing pressure on the cement and concrete industry for products with a lower carbon footprint, Lafarge in Canada and LafargeHolcim in the United States have partnered to launch a North America-wide campaign to raise awareness that environmentally-friendly cement products are a reality.
Across North America, market demand for and adoption of low-CO2 cements remains inconsistent despite the availability of environmentally friendly cement products. The decisions around material selection are generally left up to local specifiers, who set the construction standards, and customers, who have deep experience with limited product mixes.
The cement industry - traditionally carbon intensive - is now seeing a significant change in how specifiers, architects and customers are looking at building materials through the lens of environmental impact. The OneWay Forward campaign highlights five leaders in the engineering and building industry who are advocating for the use of environmentally friendly materials, specifically OneCem, across a variety of built applications. (https://onecemcement.com/)
“Concrete is the most widely-consumed material after water, and so we consider it our responsibility to do everything we can to lower the carbon footprint of the cement we produce,” said Rene Thibault, Head of North America. “Our goal is to educate and encourage architects, engineers, contractors and ready-mix producers to adopt more sustainable products in order to lower the industry’s carbon footprint.”
“The built environment plays a central role in the transition to a low carbon economy. The most cost-effective CO2 reduction will be achieved by improving the carbon efficiency of buildings - and we can do that with OneCem,” explained Travis Butler, President and CEO of Butler Concrete in Victoria, BC.
Standard cement, also called ordinary Portland cement (OPC), typically comprises 90-90% clinker, which is the component that is made when limestone is superheated. Because it is the process of superheating limestone that causes CO2 emissions, the companies’ focus has been to find ways to lower the percentage of clinker per ton, thereby lowering the CO2 footprint and global greenhouse gas emissions.
Portland limestone cement, (OneCem®) is a blended cement manufactured with up to fifteen percent per ton of finely ground high quality limestone. OneCem is an engineered product that has been rigorously tested and proven to be a durable, high-performance product.
The “Heroes” featured in this campaign share their motivation for choosing lower carbon solutions, as well as their experiences using OneCem. They include ready mix concrete producers, structural engineers, and precast concrete materials producers.
From ultra low carbon cements such as EcoPlanet, through to continual validation with external parties via EPDs, the organization has made sustainability their guiding principle.
“This is how we build now,” said Thibault. “We owe it to ourselves, future generations, and the communities where we live to maximize the use of low carbon cement wherever we can.”
About Lafarge Canada Inc.
Lafarge is Canada’s largest provider of sustainable construction materials and a member of the global group, LafargeHolcim. With 6,000 employees and 350 sites across Canada, our mission is to provide construction solutions that build better cities and communities. The cities where Canadians live, work and raise their families along with the community’s infrastructure benefit from the solutions provided by Lafarge consisting of aggregates, asphalt and paving, cement, precast concrete, ready-mix concrete, and road construction. www.lafarge.ca
Jill Truscott
Manager, Communications - Western Canada
Lafarge Canada Inc.
300, 115 Quarry Park Rd SE
Calgary, AB T2C 5G9
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Mobile 403.354.5063
Private E&P utilizes advanced production optimization solution for better well economics
HOUSTON--(BUSINESS WIRE)--#artificialintelligence--Ambyint, the leader in well lifecycle production optimization, today announced Bowline Energy LLC has lowered workover costs and deferred production with 28 percent longer runtimes on its rod lift wells using Ambyint InfinityRL™. Ambyint’s margin-improving technology was deployed in 2019 across the entirety of Bowline’s Williston basin asset. Bowline Energy is a private oil and gas company headquartered in Denver, Colorado.
“Our leadership team understands the role that technology can play in improving production outcomes,” says Tony Hale, vice president of operations at Bowline Energy. “After a thorough vetting process, we chose Ambyint to give us scaled production optimization across our asset base. Their technology provides our operations team a wider span of control significantly reducing failure rates, lowering LOE, and increasing production.”
Ambyint solutions optimize oil & gas wells by automating anomaly detection, controller setpoint recommendations, setpoint changes, and production versus plan analytics to enable real-time production optimization. The company employs advanced physics-based models, deep subject matter expertise, and artificial intelligence to deliver highly scalable and proven applications. Ambyint solutions improve production volumes and workforce efficiencies while reducing operating expenses, emissions, and failure rates for mid- to large-sized operators across every major North American basin.
“We are excited to partner with Bowline to help them achieve significant production optimization results,” says Chris Robart, chief commercial officer at Ambyint. “Bowline's strong operational practices coupled with our technology have added to the company’s bottom line and serve as a proof point for the value our solution delivers over traditional, legacy optimization approaches.”
About Ambyint
Ambyint, a market leader in well lifecycle production optimization for the oil & gas industry, delivers step-change improvements to E&P production outcomes and margins by combining advanced physics and expertise with artificial intelligence to automate operations and production optimization workflows across all well types and artificial lift systems. www.ambyint.com.
About Bowline Energy LLC
Bowline Energy is a private exploration and production company focused on value creation through the safe, efficient acquisition and development of oil and gas assets within the Williston Basin. www.bowlineenergy.com.
Ginger Shelfer, senior marketing manager
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Greater efficiency thanks to workflow-driven complaint management
LINZ, Austria--(BUSINESS WIRE)--Siemens Energy is using Fabasoft Approve as the process-driven quality management solution for its Power Transformer segment. The global rollout of Fabasoft Approve is scheduled for upwards of 3,000 users following the successful completion of pilot projects at the two largest transformer plants in Weiz (Austria) and Nuremberg (Germany).
The challenge for Siemens Energy was to implement a cross-plant quality management tool in one network with 14 locations in eight countries and to digitally map its existing processes. Thanks to its wide range of customization options and high degree of usability, Fabasoft Approve made a convincing case in the multi-stage selection process and stood out as the high-performance platform of choice for computer-aided quality (CAQ) processes. The cloud-based solution offers comprehensive complaint management that can even be handled from a smartphone or tablet – for both in-house use and remote use at the customer’s site. Allocating the necessary immediate, corrective, and preventive actions is a workflow-driven process that can be tracked at any time.
You can find further information in the case study “Achieving predictive quality with Fabasoft Approve cross-plant quality management software”
“The overarching goal of our collaboration with Fabasoft is to achieve data-based prediction for product and process-related quality. Our new cross-plant quality management software affords us the transparency to make the right decisions and proactively avoid potential errors in the future. This way, we can be certain that we’re optimizing both our error costs and the level of customer satisfaction,” explains Stefan Klaassen, Head of Power Transformers, Siemens Energy.
“As a cross-plant quality management solution, Fabasoft Approve supplies all of the relevant product and process data. Thanks to its powerful analysis capabilities, any user can conduct analyses on quality issues with just a few mouse clicks. We are thrilled to be able to play a significant role in data-driven forecasting with Fabasoft Approve," adds Andreas Dangl, Business Unit Executive for Cloud Services at Fabasoft.
About Fabasoft Approve
Fabasoft Approve is a cloud-based off-the-shelf product for managing technical data and documents in an industrial setting. The standard solution integrates all project partners on a secure, scalable, and highly customizable platform. Creating and editing documents, as well as review, release, and approval processes are achieved efficiently and traceably with significantly less manual effort.
About Siemens Energy
With some 91,000 employees, Siemens Energy operates globally along the entire energy value chain. Its products include gas turbines, steam turbines, generators, transformers, and compressors. The company’s Power Transformer segment manufactures the largest transformers for substations located throughout the world.
About Fabasoft
Fabasoft is among the leading software product companies and cloud service providers in Europe for digital document management as well as electronic document, process, and records management.
Press
Fabasoft
Ulrike Kogler
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Project to deliver 1,250 MW of clean power to New York City, displacing fossil fuel generation
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that its wholly-owned portfolio company Transmission Developers Inc. (TDI), was selected by the New York State Energy Research and Development Authority (NYSERDA), as part of an extensive RFP process, to deliver clean, renewable power to New York City.
Over the past decade, TDI and Hydro-Quebec have worked in partnership to develop Champlain Hudson Power Express (CHPE), a fully permitted, underground electric transmission line spanning approximately 339 miles between Canada and New York City. The project will deliver 1,250 MW of clean power to New York City. Currently, New York City is estimated to be over 85% reliant on fossil fuel based electricity. CHPE will reduce this reliance significantly, leading to materially decreased carbon emissions in New York City. CHPE is expected to create 1,400 jobs, with a commitment to use union labor, and includes a $40 million new Green Economy Fund that will provide job training for clean energy jobs.
Jon Gray, President and Chief Operating Officer of Blackstone said: “We love being a part of New York City’s move to a cleaner energy future. Our long term capital allows us to invest in sustainable projects and see them through to completion. We’ve backed this innovative project for more than a decade while also committing to nearly $11 billion of energy transition initiatives globally, just in the last three years.”
David Foley, Global Head of Blackstone Energy Partners said: “CHPE is the most recent in a series of significant investments that we have made as part of our strategy to create value through accelerating the energy transition by funding the buildout of critical energy infrastructure and services needed to provide cleaner, more reliable and affordable energy for America.”
Bilal Khan, Senior Managing Director of Blackstone Energy Partners said: “We have spent more than 10 years working closely with communities, labor organizations, environmental stewards and New York municipalities to thoughtfully develop this project and are thrilled to play a critical role in helping New York State achieve its ambitious climate goals.”
Doreen M. Harris, President and CEO, NYSERDA said, “The Champlain Hudson Power Express is a major green infrastructure project that will help transform New York’s power grid and help create good-paying jobs in delivering clean renewable energy from Upstate to New York City. This project will provide significant community and public health benefits to the state’s most underserved communities as part of the Climate Leadership and Community Protection Act and we look forward to working with our Champlain Hudson Power Express partners on its advancement.”
CHPE was selected for contract negotiation as part of the award under New York State Energy Research and Development Authority’s (NYSERDA) Tier 4 renewable energy solicitation issued in January 2021. Once finalized, NYSERDA will submit the negotiated contract for the awarded project to New York’s Public Service Commission for consideration and approval. If the Tier 4 contract is approved, NYSERDA payments will not commence until the project has obtained all required permits and local approvals, is constructed and delivers power to New York City, which is expected to begin in 2025.
About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $684 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
Kate Holderness
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646-482-8774
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTC Pink: UNTC) (Company) announced today that it has closed on the sale of its corporate headquarters building and land. The closing price for the building was $35 million, before transaction costs. Unit has entered into a multi-year lease for a portion of the building.
Philip B. Smith, the Company’s Chairman and Chief Executive Officer, commented, “The sale of the headquarters building further strengthens our financial position, as we have now paid off Unit’s debt balance and have additional liquidity to deploy for high return opportunities.”
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Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiaries in oil and gas production, contract drilling, and natural gas gathering and processing. For more information about Unit Corporation, visit its website at https://unitcorp.com/.
Linda Baugher
Investor Relations
(918) 493-7700
www.unitcorp.com
110 MW energy facility in Defiance County, OH to bolster local community, begins construction in Q4 2022
MARK TOWNSHIP, Ohio--(BUSINESS WIRE)--Candela Renewables today announced that the Ohio Power Siting Board has approved their application to construct and operate the Mark Center Solar Project in Defiance County, OH.
The Mark Center Solar Project is a 110 MW facility that will provide job opportunities, tax revenue and more to the local community in addition to renewable energy, and is slated to begin construction in the fourth quarter of 2022.
For more information about the project, please visit: https://www.candelarenewables.com/news-blog/markcentersolarproject-ohio-approval
About Candela Renewables
Founded by former First Solar executives, Candela Renewables has one of the most accomplished teams developing utility-scale solar power projects in the United States. Since it was founded in 2018, it has assembled a portfolio of more than 3.6 GW of utility-scale solar projects and 2.2 GW of co-located energy storage showcasing their ability to deliver high-quality, well-developed projects.
In 2021, Candela entered into a partnership with Naturgy Energy Group, a multinational energy company based in Spain. Candela and Naturgy formed a new joint entity that owns Candela’s development pipeline. The companies also executed a five-year Development Services Agreement for the U.S. market.
Candela has in-house expertise across all stages of the development lifecycle and can efficiently bring projects to either NTP or COD through their focused, proven and differentiated development strategy.
For more information, visit https://www.candelarenewables.com/
Erin Hall
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LEMONT, Ill.--(BUSINESS WIRE)--A forward-thinking white paper by the Argonne Collaborative Center for Energy Storage Science (ACCESS) outlines battery requirements and research and development (R&D) needs to accelerate the commercialization of electric air propulsion—from air taxis in the near-term to 737 class aircraft in the long-term.
The white paper is the result of a meeting with nearly 100 experts from aircraft, car, materials and battery companies as well as component makers and academic and national lab researchers at the U.S. Department of Energy’s (DOE) Argonne National Laboratory. It was convened by DOE’s Vehicle Technologies Office (VTO) and the National Aeronautics and Space Administration (NASA) Glenn Research Center.
Estimates suggest that a new mode of aviation services called Urban Air Mobility, or sometimes Advanced Air Mobility, will be a $9 billion market by 2030 and could be an $80 billion market by 2041. The paper explores four electric aircraft concepts: air taxis, 20-passenger commuter aircrafts, 50-passenger regional jets and 150-passenger 737 class aircraft. For the air taxi and commuter aircraft, the paper calls for evaluating next-generation lithium-ion chemistries for aviation and examining failure modes and safety. For regional jets, the paper recommends augmenting R&D in solid-state batteries to explore new designs, manufacturing approaches and high-temperature operation. For 737 class aircraft, the paper suggests studying high-energy systems, including sulfur-based batteries and hydrogen carriers.
In addition, numerous startups focus on innovations around electric aviation. This includes Uber Elevate that aims to provide affordable shared flights by 2023. Also, automotive companies, including Daimler, Toyota, Hyundai and Porsche are getting involved in aviation startups.
“The gains in cost, performance and safety found in today’s Li-ion batteries used for electric vehicles are due in a major way to DOE’s R&D directed research over the last ten years,” said Dave Howell, acting director of VTO. “Considering the maturity, diversity and innovativeness of that research, DOE has every expectation that similar success will occur for the energy storage needs of electrified aircraft.”
Argonne remains committed to driving the electrification of aviation and has encouraged industry leaders to share ideas that would help them reach shared goals. Argonne has a storied history of battery and energy storage innovations. The lab has helped revolutionize the lithium-ion battery, which became a game changer for the auto industry, noted Argonne Associate Lab Director Suresh Sunderrajan.
Read the full release here.
Christopher J. Kramer
Head of Media Relations
Argonne National Laboratory
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Office: 630.252.5580
Finalists Also Announced for the Student Future Infrastructure Star Challenge
EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company, today announced the finalists for the 2021 Going Digital Awards in Infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world. Sixteen independent jury panels selected the 57 finalists from nearly 300 nominations submitted by more than 230 organizations from 45 countries encompassing 19 categories.
Winners of the student Future Infrastructure Star Challenge will also be announced. This challenge provided students from around the world a platform to develop a concept or an idea of how they can change the world with infrastructure. Five independent jury panels of Bentley experts selected the Top 10 finalists from 144 project submissions from 61 countries representing different infrastructure domains. Winners will be selected by a panel of Bentley and external expert judges. View the Future Infrastructure Star Challenge finalists.
New this year, all winners will be revealed during keynote presentations on December 2, 2021, as part of the Year in Infrastructure. This series of virtual event runs from November 1 through December 2, 2021; see below for highlights.
To watch the Going Digital Awards in Infrastructure finalists present their projects in their category on November 1, 8, 15, and 22, visit yii.bentley.com. Hear from the people behind these extraordinary infrastructure projects as they tell their stories of leveraging digital advancements to achieve unprecedented outcomes.
To register, visit yii.bentley.com.
The finalists in the 2021 Going Digital Awards in Infrastructure are:
Bridges
Buildings and Campuses
Digital Cities
Digital Construction
Geotechnical Engineering
Land Site and Development
Manufacturing
Mining and Offshore Engineering
Power Generation
Project Delivery Information Management
Rail and Transit
Reality Modeling
Road and Rail Asset Performance
Roads and Highways
Structural Engineering
Utilities and Communications
Utilities and Industrial Asset Performance
Water and Wastewater Treatment Plants
Water, Wastewater and Stormwater Networks
For more information about the finalists, visit yii.bentley.com.
Chris Bradshaw, Bentley’s chief marketing officer, said, “We decided to keep the event virtual this year for everyone’s safety due to the ongoing pandemic. Our users continue to demonstrate their resilience through the quality of the nearly 300 nominations for the Going Digital in Infrastructure Awards program. We are excited to honor our users’ extraordinary work from around the world. We hope you will join us for the Year in Infrastructure virtual event that includes important insights and perspectives from key industry executives and thought leaders sharing with attendees the latest on infrastructure trends, sustainability goals, and digital advancements.”
Going Digital Awards in Infrastructure finalists’ presentations on November 1, 8, 15, and 22, 2021:
Keynote and Going Digital awards presentations on December 1 and 2 include:
To register, visit yii.bentley.com.
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About Bentley Systems
Bentley Systems (Nasdaq:BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geosciences software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, OpenFlows, OpenFlows WaterGEMS, ProjectWise, Seequent, and SUPERLOAD are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress”) and The Government of the Democratic Socialist Republic of Sri Lanka (“GOSL”) jointly announced today that they have executed a definitive agreement for New Fortress’ investment in West Coast Power Limited (“WCP”), the owner of the 310 MW Yugadanavi Power Plant based in Colombo, along with the rights to develop a new LNG Terminal off the coast of Colombo, the capital city. As part of the transaction, New Fortress will have gas supply rights to the Kerawalapitya Power Complex, where 310 MW of power is operational today and an additional 700 MW scheduled to be built, of which 350 MW is scheduled to be operational by 2023.
New Fortress will acquire a 40% ownership stake in WCP and plans to build an offshore liquified natural gas (LNG) receiving, storage and regasification terminal located off the coast of Colombo. New Fortress will initially provide the equivalent of an estimated 1.2 million gallons of LNG (~35,000 MMBtu) per day to the GOSL, with the expectation of significant growth as new power plants become operational.
The 310 MW Yugadanavi Power Plant currently has a long-term power purchase agreement to provide electricity to the national grid that extends through 2035. This power plant consists of General Electric turbines and is configured to run on natural gas in combined cycle.
“This is a significant milestone for Sri Lanka’s transition to cleaner fuels and more reliable, affordable power,” said Wes Edens, Chairman and CEO of New Fortress Energy. “We are pleased to partner with Sri Lanka by investing in modern energy infrastructure that will support sustainable economic development and environmental gains.”
The Kerawalapitya Power Complex is the foundation of the baseload power that serves the country’s population of 22 million people. Delivering cleaner and cheaper fuels to Sri Lanka will support the country’s growth for years to come.
The Terminal is expected to begin operations in 2023.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
Cautionary Language Regarding Forward-Looking Statements
This communication contains forward-looking statements. All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “intends,” “expects,” “subject to,” “plans” or “anticipates” or the negative of these terms or other comparable terminology. Forward looking statements include: our construction of the offshore LNG terminal; the location of the terminal off the coast of Colombo; the expected growth of the Kerawalapitya Power Complex to over 1 GW of power; we will supply the equivalent of 1.2 million gallons of LNG (or ~35,000 MMBtu) of LNG to the Government; our purchase of the Government’s 40% stake in the company that owns the 310 MW Yugadanavi Power Plant; modern energy infrastructure will support sustainable economic development and environmental gains; and the terminal is expected to begin operation in 2023. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors.
Specific factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: the development, construction or commissioning schedule may be longer than we expect; the funding of the project may not be possible on the terms we expect; we will be unable to operationalize our plans for the rights and key permits to develop the LNG terminal; and that we will not be able to provide electricity and natural gas to customers as we currently expect. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE’s forward-looking statements. Other known or unpredictable factors could also have material adverse effects on future results.
We undertake no duty to update these forward-looking statements, even though our situation may change in the future. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in New Fortress Energy Inc.’s annual and quarterly reports filed with the Securities and Exchange Commission, which could cause its actual results to differ materially from those contained in any forward-looking statement.
IR:
Joshua Kane
(516) 268-7455
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Jake Suski
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HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today that there will be no distribution paid for the month of September 2021 to holders of record as of the close of business on September 30, 2021, as costs, charges and expenses attributable to the Trust’s royalty properties, and applicable reserves, exceeded the revenue received from the sale of oil, natural gas and other hydrocarbons produced from such properties, as reported by the working interest owners.
The Trust was formed to own an overriding royalty interest of the net proceeds attributable to certain producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's public filings, the amount of the monthly distributions is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil and natural gas prices and the amount of the Trust’s administrative expenses, among other factors. In addition, as further described in the Trust’s most recent filing on Form 10-Q, unitholders may not receive any material distributions during the remainder of 2021 and beyond, because the Trust expects to increase cash reserves to provide added liquidity.
Proceeds reported by the working interest owners for any month are not generally representative of net proceeds that will be received by the Trust in future periods. As further described in the Trust’s Form 10-K and Form 10-Q filings, production and development costs for the royalty interest have resulted in substantial accumulated excess production costs, which will decrease Trust distributions, and in some periods may result in no Trust distributions. The amount of proceeds, if any, received or expected to be received by the Trust (and its ability to pay distributions to unitholders) has been and will continue to be directly affected, among other things, by volatility in the industry and revenues and expenses reported to the Trust by working interest owners. Any additional expenses and adjustments, among other things, will reduce proceeds to the Trust, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders.
This press release contains forward-looking statements. No assurances can be given that the expectations contained in this press release will prove to be correct. The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments or expenses accrued by the working interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, declines in commodity pricing, and other factors described in the Trust’s Form 10-K for the year ended December 31, 2020 under “Part I, Item 1A. Risk Factors.” Statements made in this press release are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release. Each unitholder should consult its own tax advisor with respect to its particular circumstances.
Mesa Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020
http://mtr.q4web.com/home/default.aspx
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