Inaugural awards will recognize 2022 ‘EV Charging Heroes’ for their leadership and achievement in supporting EV charging infrastructure deployment
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the awardees of its first annual National EV Charging Recognition Program, presented by Connect the Watts™. This recognition program recognizes ‘EV Charging Heroes’ across different sectors within the EV charging ecosystem based on an evaluation of their commitment to, and results in, achieving widespread public EV fast charger deployment. The leaders being recognized as EV Charging Heroes will be celebrated at a virtual event for the Connect the Watts™ community on Thursday, January 19 at 11 a.m. PT.
The 2022 inaugural awardees of the National EV Charging Recognition Program include leading site hosts, utilities and contractors. These organizations submitted their nominations, provided links to online guidelines, and shared safety data and employee counts, as well as public commitments to fast charger installation and results to date. All EV Charging Heroes awardees receive a digital certificate to share with their networks and a physical trophy to memorialize their accomplishments. This year’s awardees, separated by sector, include:
Site hosts:
Utilities:
Contractors:
“As EV adoption increases, so does the demand for convenient public charging. EVgo believes it’s important to spotlight just how much collaboration, partnership and coordination goes into successfully deploying fast charging infrastructure,” said Cathy Zoi, CEO at EVgo. “Celebrating our ‘EV Charging Heroes’ helps recognize those that are leading the way and creating a template for other stakeholders in the EV charging ecosystem. These ‘EV Charging Heroes’ have more than a commitment to enabling EV adoption, they are walking the walk on getting EV charging infrastructure into the ground. We congratulate this year’s awardees and look forward to working together to accelerate fast charger deployment across the country.”
EVgo’s National EV Charging Recognition Program recognizes ‘EV Charging Heroes’ across the different sectors working alongside EV charging companies to get charging infrastructure in the ground including site hosts, utilities, local and state governments, engineers, contractors, and equipment manufacturers. Going forward, EVgo plans to publicize recognition criteria for each sector in advance of each program cycle, accept submissions through an open form, and distribute awards. The Company expects to share information on the second iteration of the program later this year.
EVgo’s Connect the Watts initiative unites hundreds of stakeholders who are vital to accelerating the deployment of reliable EV charging infrastructure across the U.S. With their input, Connect the Watts has produced best practices guides for utilities, local permitting, public funding, and the National Electric Vehicle Infrastructure (NEVI) Formula Program, all in service of helping organizations in the EV charging ecosystem streamline the process of charger deployment – from site identification, design, permitting, installation, to utility interconnection.
For more information about Connect the Watts™, visit www.evgo.com/connect-the-watts/.
To learn more about the National EV Charging Recognition Program, visit www.evgo.com/connect-the-watts/recognition.
About EVgo
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since its founding in 2010, EVgo has led the way to a cleaner transportation future and its network has been powered by 100% renewable energy since 2019 through renewable energy certificates. As one of the nation’s largest public fast charging networks, EVgo’s owned and operated charging network features over 850 fast charging locations – currently serving over 60 metropolitan areas across more than 30 states – and continues to add more DC fast charging locations through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables world-class charging experience where drivers live, work, travel and play.
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SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced Adam Haughton has been named Chief Investment Officer of Bridge Renewable Energy, effective December 12, 2022.
Bridge Renewable Energy is a partnership between Bridge and Lumen Energy Inc. (“Lumen”) that seeks to create value through the production of clean energy. Launched in July 2022, Bridge Renewable Energy is focused on building and operating renewable energy infrastructure on existing commercial properties to meet the growing demand for green energy.
Mr. Haughton brings over 15 years of solar investment management, finance and engineering experience to Bridge. Most recently, he served as Chief Investment Officer of New Energy Solar Manager (NESM), where he managed the origination, structuring and execution of new investments for the firm’s two public investment funds.
“As Bridge continues to diversify its platform, Bridge Renewable Energy is capitalizing on an exciting opportunity, offering best-in-class design, procurement, construction and operation of solar projects on properties owned by Bridge-managed funds and third-party assets,” said Robert Morse, Executive Chairman of Bridge. “We look forward to benefiting from Adam’s deep experience and believe Bridge Renewable Energy is well positioned to deliver on our goals and generate positive results for investors and tenants while reducing the carbon footprint of commercial properties across the United States.”
“We are pleased to welcome Adam to Bridge Renewable Energy,” said Jonathan Slager, Chief Executive Officer of Bridge. “Adam brings an impressive background in solar investment management, and we are confident that he is the right person to help advance Bridge Renewable Energy’s strategy to meet the growing demand for green energy while at the same time providing owners and tenants with a discount to market energy prices.”
“I am honored to join such a talented team and to represent Bridge Renewable Energy as a catalyst for positive change, and help move the energy transition forward,” said Mr. Haughton. “I look forward to leveraging Bridge Renewable Energy’s data analytics and local expertise to deploy renewable energy infrastructure at scale. I believe in Bridge Renewable Energy’s mission and I am confident that our work will benefit Bridge’s investors, tenants and other stakeholders, as well as our planet.”
About Adam Haughton
Mr. Haughton brings over 15 years of solar investment management, finance and engineering experience to Bridge. Most recently, Mr. Haughton served as Chief Investment Officer of New Energy Solar (NESM) where he managed the origination, structuring and execution of new investments for the firm’s two public investment funds. Before that, he served as an Investments Director for NESM. Prior to joining NESM in 2018, Mr. Haughton worked in the investment banking groups of Greentech Capital Advisors and Bank of America Merrill Lynch where he advised on a range of public and private M&A and capital market transactions across the sustainable infrastructure and global industrials verticals.
Earlier in his career, Mr. Haughton was a Development Engineer at SunEdison, responsible for the development and design of utility-scale and commercial and industrial solar installations in the U.S. Mr. Haughton holds an MBA from the University of Texas at Austin, McCombs School of Business and a BS in Materials Engineering from the University of Maryland, A. James Clark School of Engineering.
About Bridge Investment Group
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $43.8 billion of assets under management as of September 30, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease, real estate-backed credit, renewable energy, and proptech.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. All statements other than statements of historical facts may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “outlook,” “could,” “believes,” “expects,” “potential,” “opportunity,” “continues,” “may,” “will,” “should,” “over time,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “foresees” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. Accordingly, we caution you that any such forward-looking statements are based on our beliefs, assumptions and expectations as of the date made, taking into account all information available to us at that time. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. Actual results may differ materially from those express or implied in the forward-looking statements as a result of a number of factors, including but not limited to those risks described from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. Bridge undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Bridge or any investment fund managed by Bridge or its affiliates.
Shareholder Relations:
Bonni Rosen
Bridge Investment Group Holdings Inc.
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Media:
Charlotte Morse
Bridge Investment Group Holdings Inc.
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(877) 866-4540
Jon Keehner / Kara Brickman / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.42 (forty two cents) per common share, which is a 5% increase over the previous quarterly dividend. The dividend is payable to stockholders of record on February 10, 2023 and will be paid on February 24, 2023.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., a Fortune 500 and S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.
Brad Delco
Senior Vice President - Finance
(479) 820-2723
OMAHA, Neb.--(BUSINESS WIRE)--Green Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.455 per unit on all of its outstanding common units for the fourth quarter of 2022, or $1.82 per unit on an annualized basis. The distribution is payable on February 10, 2023, to unitholders of record at the close of business on February 3, 2023.
This release serves as a qualified notice to nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Green Plains Partners’ distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of the partnership’s distributions to foreign investors are subject to U.S. federal income tax withholding at the highest effective tax rate.
About Green Plains Partners LP
Green Plains Partners LP (NASDAQ:GPP) is a fee-based Delaware limited partnership formed by Green Plains Inc. to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage terminals, transportation assets and other related assets and businesses. For more information about Green Plains Partners, visit www.greenplainspartners.com.
Green Plains Inc. Contacts
Investors: Phil Boggs | Executive Vice President, Investor Relations | 402.884.8700 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Media: Lisa Gibson | Communications Manager | 402.952.4971 | This email address is being protected from spambots. You need JavaScript enabled to view it.
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) today announced it will release its fourth quarter 2022 financial results on February 9, 2023 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.
Q4 2022 Conference Call and Webcast
Date: February 9, 2023
Time: 2 p.m. PT/ 5 p.m. ET
Duration: 60 minutes
Live Dial in: Domestic (844) 200-6205 | International +1 (929) 526-1599
Participant Passcode: 531331
Live webcast: https://investor.bloomenergy.com/
A telephonic replay of the conference call will be accessible for one week following the call at:
Dial in: Domestic (866) 813-9403 | International + 44 204-525-0658
Passcode: 527751
The Investors section of the Bloom Energy website will also host a replay for one year following the webcast at https://investor.bloomenergy.com/.
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.
Investor Relations:
Ed Vallejo
+1 (267) 370-9717
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Media Relations:
Virginia Citrano
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PLANO, Texas--(BUSINESS WIRE)--#blueoil--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced it will release its financial and operational results for the fourth quarter of fiscal year 2022, before market open on Thursday, February 23, 2023. In addition, Denbury will provide its initial outlook for 2023, including projections for oil & gas production and costs, as well as capital expectations for both its oil & gas and CCUS operations. Denbury will host a webcast to review these matters on the same day as noted below.
What: Denbury Inc. Fourth Quarter 2022 Results and 2023 Outlook Webcast
When: Thursday, February 23rd at 11:00 a.m. CST / 12:00 p.m. EST
Webcast & Supplemental Data: investors.denbury.com
A webcast replay will be accessible on the same website shortly after the live event.
ABOUT DENBURY
Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2012 has also been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over four million tons of captured industrial-sourced CO2 annually, with an objective to fully offset its Scope 1, 2, and 3 CO2 emissions by 2030, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.
Follow Denbury on Twitter and LinkedIn.
DENBURY CONTACTS:
Brad Whitmarsh, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
Beth Bierhaus, 972.673.2554, This email address is being protected from spambots. You need JavaScript enabled to view it.
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage solutions, announced today that it will hold a conference call on Wednesday, March 1, 2023 at 5:00 p.m. EST to discuss financial results for its fourth quarter and full year 2022 ended December 31, 2022.
The news release announcing the fourth quarter and full year 2022 financial results will be disseminated on March 1, 2023 after the market closes.
Interested parties may join the conference call beginning at 5:00 p.m. EST on Wednesday, March 1, 2023 via telephone by calling (833) 927-1758 in the U.S., or for international callers, by calling +1 (929) 526-1599 and entering conference ID 710604. A telephone replay will be available until March 8, 2023, by dialing (866) 813-9403 in the U.S., or for international callers, +44 (204) 525-0658 with conference ID 778697. A live webcast of the conference call will be available on ESS’ Investor Relations website at http://investors.essinc.com/.
A replay of the call will be available via the web at http://investors.essinc.com/.
About ESS, Inc.
At ESS (NYSE: GWH), our mission is to accelerate global decarbonization by providing safe, sustainable, long-duration energy storage that powers people, communities and businesses with clean, renewable energy anytime and anywhere it’s needed. As more renewable energy is added to the grid, long-duration energy storage is essential to providing the reliability and resiliency we need when the sun is not shining and the wind is not blowing.
Our technology uses earth-abundant iron, salt and water to deliver environmentally safe solutions capable of providing up to 12 hours of flexible energy capacity for commercial and utility-scale energy storage applications. Established in 2011, ESS Inc. enables project developers, independent power producers, utilities and other large energy users to deploy reliable, sustainable long-duration energy storage solutions. For more information, visit www.essinc.com.
Investors:
Erik Bylin
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Media:
Morgan Pitts
503.568.0755
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OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) today named John Reinhart President, Chief Executive Officer and Director, effective January 24, 2023. Tim Cutt, who has served as Chief Executive Officer and Chairman since 2021, will retain his position of Chairman of the Board of Directors.
“I am pleased to welcome John to Gulfport,” Cutt said. “John has a proven track record of instilling a culture anchored on driving operational excellence, accountability, transparency and safety and he will bring strong leadership during this time of great opportunity for our Company. The Board and I look forward to working with John and the management team to build on the momentum we have created and continue establishing Gulfport as an attractive investment opportunity in our sector.”
“I am excited to join the Gulfport team,” Reinhart said. “The Company is at a pivotal stage in its evolution and I look forward to working alongside our teams in optimizing corporate, financial and operational achievements that will build on the solid foundation that has been established.”
“Gulfport and our shareholders greatly benefited from Tim’s steady leadership during such a critical time for our Company,” Lead Independent Director David Wolf added. “Tim helped transform Gulfport, building a team and culture which has positioned Gulfport for continued sustainable success. We thank him for his service and are grateful he will continue to lead our Board as we welcome John to our company.”
Reinhart joins Gulfport with over two decades of oil and gas industry leadership experience. Most recently, he served as President and Chief Executive Officer of Montage Resources Corporation where he led actions that positioned Montage as an attractive strategic partner with sufficient scale, low debt profile and achievement of top-quartile operational and financial metrics. Reinhart previously served as President and Chief Executive Officer of Blue Ridge Mountain Resources and as Chief Operating Officer at Ascent Resources. He started his oil and gas career at SLB before joining Chesapeake Energy Corporation, where he held operations roles with increasing responsibility. Reinhart began his career in the United States Army, serving tours in Panama and Iraq.
About Gulfport
Gulfport is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica formation and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.
Investor Contact
Jessica Antle – Director, Investor Relations
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405-252-4550
RIDGELAND, Miss.--(BUSINESS WIRE)--$CALM--Cal-Maine Foods, Inc. (NASDAQ: CALM, or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a partnership with Entegrity Energy Partners (“Entegrity”), an energy services, sustainability, and solar development provider. Given the expanding opportunities for solar investments, Cal-Maine Foods has engaged Entegrity to install a 4.15 megawatt, direct-current solar array at the Company’s egg production and processing operation in Searcy, Arkansas. The 28-acre solar array is projected to offset approximately 91% of the facility’s current electrical usage and expected to enhance the Company’s energy self-sufficiency and lessen the Searcy location’s reliance on the electrical grid and reduce greenhouse gas emissions.
Pending approval from the Arkansas Public Service Commission, Entegrity is expected to begin construction during the second quarter of 2023.
Tim Thompson, vice president, operations of Cal-Maine Foods, said, “We are proud of our mission to be the most sustainable producer and reliable supplier of high-quality fresh shell eggs and egg products in the United States, demonstrating a 'Culture of Sustainability' in everything we do. The team at Searcy is excited to support this project, and to be a part of the forward-looking operational story at Cal-Maine Foods. We believe that this solar investment helps augment the Searcy farm’s commitment to sustainability and helps us become more resilient in our ability to meet customers’ needs.”
Michael Parker, president of Entegrity, commented, “We have recently seen an increased drive for solar solutions in Arkansas given the constructive regulatory environment, attractive potential returns on investments and enhanced commitment to sustainability goals. For more than 15 years, and through nearly 350 projects, we have strived to partner with companies that share our vision of a sustainable future. With Cal-Maine Foods, we can deliver our energy expertise to help prepare the company for a more sustainable future. Their enthusiasm for this project speaks to their values and who they are as a company.”
About Cal-Maine Foods
Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing, marketing and distribution of fresh shell eggs, including conventional, cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs. The Company, which is headquartered in Ridgeland, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.
About Entegrity
Entegrity is an energy services, sustainability and solar development company. Our comprehensive service package includes energy savings performance contracting, commissioning, energy modeling, building testing, lighting solutions, renewable energy, water conservation, and sustainability consulting.
Cal-Maine Foods
Max P. Bowman, Vice President and Chief Financial Officer
(601) 948-6813
Entegrity Energy Partners
Elisabeth Bates, Manager of Asset Development
(501) 366-0979
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for 2022 before the stock markets open on Thursday, Feb. 16, 2023.
Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M. Owen, and Senior Vice President and Chief Financial Officer Steven W. Morris will present an overview of results and other factors related to performance, and discuss 2023 earnings guidance during a conference call beginning at 10 a.m. Eastern time. Interested parties may participate in the conference call live by registering at www.allete.com/earningscall, or by accessing the listen-only webcast on ALLETE’s website, www.allete.com.
The webcast will be accessible for one year at www.allete.com.
ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity, headquartered in Annapolis, Maryland; and has an 8% equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com.
ALE-CORP
Vince Meyer
218-723-3952
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LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today that it will release financial results for the fourth quarter and full year ended Dec. 31, 2022 before the opening of market on Monday, Feb. 27, 2023. The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on Feb. 27, 2023 at 8:30 a.m. EST followed by the management conference call at 10 a.m. EST to discuss the results.
Interested parties may listen to the conference call on a live webcast. The webcast, along with a supplemental presentation, may be accessed from the company’s website at https://investors.itron.com/events.cfm. Participants should access the webcast 10 minutes prior to the start of the call to install and test any necessary audio software. Participants can also pre-register for the webcast at any time using the link above.
A webcast replay of the conference call will be available through Mar. 4, 2023 and may be accessed on the company’s website at https://investors.itron.com/events.cfm.
About Itron
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
Itron, Inc.
David Means
Director, Investor Relations
(737) 242-8448
AMSTERDAM--(BUSINESS WIRE)--Leading supply chain visibility company FourKites today announces it has strengthened its executive team with the appointment of a Chief Strategy Officer and a Vice President of Global Customer Success. FourKites’ leadership position, rapid growth and momentum in the supply chain visibility market continue to make it a destination for top talent in the industry.
Fabrizio (Fab) Brasca has been promoted to FourKites Chief Strategy Officer. Brasca joined FourKites last year as EVP, Industry and Market Strategy. As Chief Strategy Officer, he will continue to lead the company’s Industry teams and take on expanded responsibilities including the strategy for FourKites’ Global Alliances division and leadership of the customer value engineering and pre-sales functions.
Additionally, Rebecca Nerad joined FourKites as Vice President of Global Customer Success. Nerad has over 20 years of experience in the supply chain industry, holding customer success roles for companies such as i2 Technologies, JDA Software and Bristlecone. Most recently, she served as Vice President of Customer Success at e2open, maximising solution adoption, expansion and retention. Nerad and her team will remain focused on building strong relationships and driving value with customers as FourKites expands.
“Fab has played a pivotal role in establishing FourKites’ industry team and building a vertical go-to-market strategy. His industry knowledge and partnership with customers will serve him well as he helps FourKites develop and execute its strategy more broadly,” says FourKites founder and CEO Mathew Elenjickal. “And Rebecca is a remarkable talent and a great fit for our culture, where we pride ourselves on true partnership with our customers. I look forward to working with both of them, as we continue toward our goal of helping customers achieve 100% visibility everywhere.”
FourKites continues to attract top-level talent from the industry as it gains recognition as a great place to work and a pioneering innovator in the real-time visibility market. This month, FourKites was named to Built In’s list of Best Places to Work in Chicago for the third consecutive year, and it has been named a Great Place to Work in India by the Great Places Institute for five consecutive years. The company has been recognised for its ability to solve the complex pain points of enterprise customers, having been named a Leader in Gartner’s Magic Quadrant for Real-time Transportation Visibility Platforms for its ability to execute, and with the highest completeness of vision. FourKites also scored the highest for Fortune 500 businesses with complex needs, according to Gartner’s Critical Capabilities for Real-Time Transportation Visibility Platforms report. Other accolades include Inc. Magazine’s Best in Business list in the Logistics & Transportation category, AI Trailblazer by Everest Group, the 2022 Top Food Chain Technology providers, Top Green Provider, and BlueYonder's GTM Partner of the Year in 2022.
About FourKites
Leading supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 3 million shipments daily across road, rail, ocean, air, parcel and last mile, and reaching over 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,200 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.
Scott Johnston
European PR Director, FourKites
+31 62 147 8442
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DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE). These cash distributions will be paid on February 15, 2023 to Series C, Series D and Series E unitholders of record as of the close of business on February 1, 2023.
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.
Forward Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic, and we cannot predict the length and ultimate impact of those risks. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
Qualified Notice
This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of Energy Transfer LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.
The information contained in this press release is available on our website at www.energytransfer.com.
Investor Relations:
Bill Baerg
Brent Ratliff
Lyndsay Hannah
214-981-0795
Media Relations:
Vicki Granado
214-840-5820
DUBLIN--(BUSINESS WIRE)--The "Biomass Power Generation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The latest study collated and published analyzes the historical and present-day scenario of the global biomass power generation market in order to accurately gauge its future growth.
The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the growth of the so as to identify growth opportunities for market stakeholders. The report also provides insightful information about how global biomass power generation market would expand during the forecast period of 2021 to 2031.
The report offers intricate dynamics about different aspects of the, which aids companies operating in the market in making strategic development decisions.
This study also elaborates on significant changes that are highly anticipated to configure growth of the global biomass power generation market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of the global biomass power generation market and estimates statistics related to growth of the market in terms of volume (MW) and value (US$ Bn).
This study covers a detailed segmentation of global biomass power generation market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global biomass power generation market, wherein various development, expansion, and winning strategies practiced and implemented by leading players have been presented in detail.
Companies Mentioned
Key Questions Answered in this Report on Biomass Power Generation Market
The report provides detailed information about the global biomass power generation market on the basis of a comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global biomass power generation market so as to help them design successful strategies and make target-driven decisions.
Key Topics Covered:
1. Preface
2. Executive Summary
3. Biomass Power Generation Market - Industry Analysis
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Dynamics
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunity
3.7. Porter's Five Forces Analysis
3.8. Market Attractiveness Analysis
3.9. Company Market Share Analysis
4. Global Biomass Power Generation Market - Feedstock Segment Analysis
4.1. Global Biomass Power Generation Market: Feedstock Segment Overview
4.2. Woody Biomass
4.3. Agriculture & Forest Residues
4.4. Biogas & Energy Crops
4.5. Urban Residues
4.6. Landfill Gas Feedstock
5. Global Biomass Power Generation Market - Technology Segment Analysis
5.1. Global Biomass Power Generation Market: Technology Segment Overview
5.2. Anaerobic Digestion
5.3. Combustion
5.4. Gasification
5.5. Co-firing & CHP
5.6. Landfill Gas (LFG)
6. Global Biomass Power Generation Market - Regional Segment Analysis
6.1. Global Biomass Power Generation Market: Regional Segment Overview
6.2. North America
6.3. Europe
6.4. Asia Pacific
6.5. Middle East & Africa (MEA)
6.6. Latin America
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/vj41xz
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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EWING, N.J.--(BUSINESS WIRE)--$OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the fourth quarter and full year, ended December 31, 2022, will be released on Thursday, February 23, 2023 after market close. At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/.
In conjunction with this release, Universal Display will host a conference call on Thursday, February 23, 2023 at 5:00 p.m. Eastern Time. The live webcast of the conference call can be accessed under the events page of the Company's Investor Relations website at ir.oled.com. Those wishing to participate in the live call should dial 1-877-524-8416 (toll-free) or 1-412-902-1028. Please dial in 5-10 minutes prior to the scheduled conference call time. An online archive of the webcast will be available within two hours of the conclusion of the call.
About Universal Display Corporation
Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.
Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.
All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company’s technologies, and the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2021. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.
Follow Universal Display Corporation
(OLED-C)
Universal Display:
Darice Liu
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DUBLIN--(BUSINESS WIRE)--The "Research Report on China's Liquefied Natural Gas (LNG) Import 2023-2032" report has been added to ResearchAndMarkets.com's offering.
Liquefied Natural Gas (LNG) is recognized as one of the cleanest fossil energy sources on the planet, with a volume of about one six hundredth of its gaseous form.
With the global economy gradually moving towards low-carbon and environmental protection, the LNG market size has grown rapidly in recent years. China has insufficient local LNG reserves and therefore needs to import a large amount of LNG every year.
In 2021, China's LNG imports reached 78,789,500 tons, up 18.13% year-on-year, with an import value of US$44.075 billion, up 89.64% year-on-year. According to the publisher's analysis, from January to October 2022, China imported 50,505,300 tons of LNG, down 21.60% year-on-year, and imported US$40.817 billion, up 34.28% year-on-year, due to the COVID-19 outbreak.
The publisher's analysis, from 2018-2022, the average price of China's LNG imports generally shows a decreasing trend followed by an increasing trend. From 2018-2020, the average price of China's LNG imports decreases continuously, from US$499.09 per ton in 2018 to US$348.47 per ton in 2020.
From 2020-2022, the average price of China's LNG imports increases continuously. In 2021, the average price of China's LNG imports is US$559.41 per ton, an increase of 60.53% y-o-y. In January-October 2022, the average price of China's LNG imports is US$808.17 per ton, an increase of 71.26% y-o-y.
In 2021, China imports LNG from a total of 27 countries. The publisher's analysis shows that by import volume, Australia, Qatar, the US, Malaysia and Indonesia are the main sources of LNG imports into China.
Australia is the largest Chinese LNG importer, and in 2021, China imports 31,102,400 tons of LNG, accounting for 39.48% of total LNG imports in that year, with an import value of US$16,301 million, or 36.98% of total imports.
With China's investment in clean energy on the rise and limited room for growth in domestic LNG production, The publisher expects China's LNG imports to continue to rise over the 2023-2032 period.
Topics covered:
Key Topics Covered:
1. 2018-2022 China's LNG Import Analysis
1.1. China's LNG Import Scale
1.1.1. China's LNG Import Volume
1.1.2. China's LNG Import Value
1.1.3. China LNG Import Price
1.1.4. China's Apparent LNG Consumption
1.1.5. China's LNG Import Dependence
1.2. China's Main Sources of LNG Imports
1.2.1. By Import Volume
1.2.2. By Import Value
2. 2018-2022 China LNG Import Analysis by LTA
2.1. Import Volume
2.2 Import Value
2.3. Import Price
2.4. Import Sources
2.4.1. By Import Volume
2.4.2. By Import Value
3. 2018-2022 China Short Contract/Spot LNG Import Analysis
3.1. Import Volume
3.2. Import Value
3.3. Import Price
3.4 Import Sources
3.4.1. By Import Volume
3.4.2. By Import Value
4. 2018-2022 China's Main Import Sources Analysis
4.1. Australia
4.2. Qatar
4.3. United States
4.4. Malaysia
4.5. Indonesia
4.6. Other Import Sources
5. China's LNG Import Outlook 2023-2032
5.1 Factors Affecting China's LNG Imports
5.1.1 Favorable Factors
5.1.2. Unfavorable Factors
5.2. China's LNG Import Forecast, 2023-2032
5.2.1 Import Volume Forecast
5.2.2. Forecast of Major Import Sources
For more information about this report visit https://www.researchandmarkets.com/r/ul4zbh
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) today announced that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended December 31, 2022, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on February 14, 2023, to unitholders of record as of February 7, 2023.
Crestwood plans to report financial results for the fourth quarter 2022 and provide full-year 2023 financial guidance on Tuesday, February 21, 2023, before the New York Stock Exchange opens for trading. Following the announcement, management will host a conference call for investors and analysts at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) that day to discuss the operating and financial results. Crestwood will provide an update on its operations and financial strategy at that time. The call will be broadcast live over the internet via audio webcast. Investors will be able to connect to the webcast via the “Investors” page of Crestwood’s website at www.crestwoodlp.com. Please log in at least ten minutes in advance to register and download any necessary software. A replay will be available shortly after the call for 90 days.
Forward Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.
Tax Notice to Foreign Investors
Concurrent with this announcement we are providing qualified notice to brokers and nominees that hold Crestwood units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one hundred percent (100.0%) of Crestwood’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distribution as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, Crestwood’s distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). Nominees, and not Crestwood, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.
About Crestwood Equity Partners LP
Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling, and marketing of NGLs; gathering, storage, terminalling and marketing of crude oil; and gathering and disposal of produced water. For more information, visit Crestwood Equity Partners LP at www.crestwoodlp.com; and to learn more about Crestwood’s sustainability efforts, please visit https://esg.crestwoodlp.com.
Crestwood Equity Partners LP
Investor Contacts
Andrew Thorington, 713-380-3028
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Vice President, Finance and Investor Relations
Rhianna Disch, 713-380-3006
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Director, Investor Relations
Sustainability and Media Contact
Joanne Howard, 832-519-2211
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Senior Vice President, Sustainability and Corporate Communications
DUBLIN--(BUSINESS WIRE)--The "Global Marine Electronics Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The marine electronics market and is forecast to grow by $1765.93 mn during 2022-2027, accelerating at a CAGR of 5.64% during the forecast period. The publisher's report on the marine electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the adoption of GPS systems, a growing focus on improving marine transportation safety, and a rise in seaborne trade.
The publisher's marine electronics market is segmented as below
By Component
By Product
By Geographical Landscape
This study identifies the increasing deployment of UUVs as one of the prime reasons driving the marine electronics market growth during the next few years. Also, the growing use of passive radars and developments in SAS technology will lead to sizable demand in the market.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The publisher's report on the marine electronics market covers the following areas:
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine electronics market vendors that include Adrie Marine Electronics Solutions Pvt. Ltd., Elcome International LLC, Furuno Electric Co. Ltd., Garmin Ltd, Icom America Inc., Japan Radio Co. Ltd., Johnson Outdoors Inc., Kongsberg Gruppen ASA, Kraken Robotics Inc., Marine Electronics, Navico, Neptune Sonar Ltd., Northrop Grumman Corp., R2SONIC Inc., Raytheon Technologies Corp., Sound Metrics Corp., SRT Marine Systems Plc, Teledyne Technologies Inc., thyssenkrupp AG, and Ultra Electronics Holdings Plc. Also, the marine electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Executive Summary:
The publisher recognizes the following companies as the key players in the global marine electronics market: Adrie Marine Electronics Solutions Pvt. Ltd., Elcome International LLC, Furuno Electric Co. Ltd., Garmin Ltd, Icom America Inc., Japan Radio Co. Ltd., Johnson Outdoors Inc., Kongsberg Gruppen ASA, Kraken Robotics Inc., Marine Electronics, Navico, Neptune Sonar Ltd., Northrop Grumman Corp., R2SONIC Inc., Raytheon Technologies Corp., Sound Metrics Corp., SRT Marine Systems Plc, Teledyne Technologies Inc., thyssenkrupp AG, and Ultra Electronics Holdings Plc.
Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is increasing deployment of UUVs.'
According to the report, one of the major drivers for this market is the increase in the adoption of GPS systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/awtxao
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its fourth quarter 2022 earnings conference call on Thursday, February 23, 2023, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time).
The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/fvwo63r8.
An archived version will be available on the website following the webcast.
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 utilizes 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.
Investor relations
Matt Seinsheimer
Senior Vice President, Investor Relations and Corporate Development
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: +1 281 591 5405
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DUBLIN--(BUSINESS WIRE)--The "Research Report on Southeast Asia Shipbuilding Industry 2023-2032" report has been added to ResearchAndMarkets.com's offering.
The development of shipbuilding industry in Southeast Asian countries varies greatly. According to the publisher's analysis, the shipbuilding industries in the Philippines and Vietnam are developing fast and have taken shape.
The Philippine shipbuilding industry has grown rapidly in recent years and is among the world's fourth largest shipbuilding countries. As the scale and number of shipyards in the Philippines increase in the future, its shipbuilding capacity will continue to improve. Indonesia, Malaysia, Thailand, Cambodia and Myanmar are still relatively weak in shipbuilding, as the tonnage of ships manufactured in these countries is relatively small.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021.
The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021.
The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.
Overall, the market size of the shipbuilding industry in Southeast Asian countries has shown an upward trend in recent years, especially in Vietnam and the Philippines, where sustained economic growth, industrial and supporting industrial chain development have promoted the development of their shipbuilding industry.
According to the publisher's forecast, the shipbuilding industry in Southeast Asia will maintain growth from 2022-2032. On the one hand, the lower labor costs in Southeast Asian countries will prompt global shipbuilders to shift production capacity to these regions.
On the other hand, the transportation demand brought by the economic development of Southeast Asia will also prompt global shipbuilders to increase their exports or investments to these countries.
Topics covered:
Industry Outlook 2023-2032
Analysis of the Southeast Asia Shipbuilding Industry
Countries Covered
For more information about this report visit https://www.researchandmarkets.com/r/n6lh4z
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
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