NÜRTINGEN, Germany--(BUSINESS WIRE)--ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, will host its mid-year earnings call on Monday, September 12, at 10 a.m. EST. The agenda will include a review of company progress for the first half of 2022, projections for the rest of the calendar year and an update on the business.
To register for the call, please use the following link: http://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=9112979&linkSecurityString=a602149ee
Once registered, you will immediately receive your dial-in instructions.
On September 12th, the day of the call, please follow the instructions provided to you upon registration. Please allow 15 minutes before the scheduled start time to connect to the teleconference.
A recording will be archived later on the ADS-TEC Energy website and will be available for replay by phone from Noon EST on September 12, 2022, until Noon EST on September 19, 2022.
About ADS-TEC Energy
ADS-TEC Energy Inc. is a US subsidiary of ADS-TEC Energy GmbH. ADS-TEC Energy GmbH is a subsidiary of ADS-TEC Energy, a publicly listed company in Ireland and on NASDAQ. ADS-TEC Energy is drawing on more than ten years of experience with lithium-ion technologies, storage solutions and fast charging systems, including the corresponding energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs, utility companies, and charge-operators.
More information on www.adstec-energy.com
ADS-Tec Investor Relations –
Cary Segall
ADS-TEC Energy
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(845) 224-8180
Media – United States:
Scott Gamm
Strategy Voice Associates
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+1 917-626-9515
Media - Europe:
Burkhard Leschke Brand Relations GmbH
Burkhard Leschke
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+49 16093803331
TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” or the “Partnership”) announced today that its 2021 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/ngl.
A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.
NGL Energy Partners, LP does not plan to mail Schedule K-3s to investors. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (877) 222-3208.
About NGL Energy Partners LP
NGL Energy Partners LP, a Delaware limited partnership, is a diversified midstream energy company that transports, stores, markets and provides other logistics services for crude oil, natural gas liquids and other products and transports, treats and disposes of produced water generated as part of the oil and natural gas production process. For further information, visit the Partnership’s website at www.nglenergypartners.com.
NGL Energy Partners LP
Investor Relations
918 481 1119
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Or
Linda Bridges
Chief Financial Officer
NGL Energy Partners LP
918 481 1119
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DUBLIN--(BUSINESS WIRE)--The "Innovations in Concentrated Solar Power, Nuclear Fusion Reactors, Thermal Energy Storage & Energy Management Systems" report has been added to ResearchAndMarkets.com's offering.
This edition of the Energy & Power Systems (EPS) report features information about concentrated solar power coupled with thermal energy storage, significantly minimizing the intermittency challenges in renewable energy generation.
The report covers innovations based on the use of string batteries with cell swapping stations enabling rapid fast charging capabilities for electric vehicles.
The report additionally provides insights on the novel developments within smart electrical panels to optimize home energy management in a cost efficient manner.
The report provides latest innovations in the use of rapid diagnostics for the real time monitoring of battery's state of health and the latest insights on the use of blockchain technology for optimizing energy management.
Finally, the report also provides insights about the use of hydrogen-boron; lithium fluoride and lead coolant based nuclear fusion reactors for power generation.
Innovations in Concentrated Solar Power, Nuclear Fusion Reactors, & Energy Management Systems
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/7k6fpl
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
HOUSTON--(BUSINESS WIRE)--Natural Resource Partners L.P. (NYSE: NRP) announced today that its 2021 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/naturalresource.
A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.
To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at 888-334-7102.
Company Profile
Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a diversified natural resource company that owns, manages and leases a diversified portfolio of properties in the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities. NRP also owns an equity investment in Sisecam Wyoming LLC, one of the world’s lowest-cost producers of soda ash.
Further information about NRP is available on the partnership’s website at http://www.nrplp.com.
NRP Contact
Tiffany Sammis, Investor Relations, 713.751.7515, This email address is being protected from spambots. You need JavaScript enabled to view it.
More than 7,000 solar installers around the world depend on Aurora every day to deliver a new energy experience
SAN FRANCISCO--(BUSINESS WIRE)--#SaaS--Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, today announced 10 million solar sites have been designed within its platform. These projects deliver a combined savings of nearly 60 million metric tons of carbon dioxide emissions, which is equivalent to the total emissions produced by more than 16 coal-fired power plants over the course of a year. Reaching this milestone is a testament to the hard work and dedication of the solar installer community, the growing demand for sustainable energy, and the rapid maturation of the solar industry as it delivers new energy experiences.
“This month, the Aurora community of solar installers officially surpassed 10 million projects designed in the platform,” said Chris Hopper, co-founder and CEO, Aurora Solar. “We are so thankful to our customers for pushing the solar industry forward and making the switch to the future. With every solar installation, we’re moving toward a cleaner world and a brighter future.”
The Rapid Growth of Aurora and the Solar Industry
Powered by proprietary computer vision and machine learning algorithms, Aurora's platform streamlines the solar project lifecycle to radically accelerate revenue and lower the soft costs of delivering solar, helping installers keep pace with the market’s unprecedented demand. In the last decade, solar experienced an average annual growth rate of 33 percent1. Aurora’s 10 million project milestone is a significant step in its mission to create a future of solar energy for all.
10 Million Projects: a Thank You to Aurora’s Solar Community
Aurora’s 10 million solar project milestone was made possible due to the Aurora customer community helping drive solar adoption and empowering homeowners with sustainable energy. “We couldn't have achieved this milestone without the hard-working and growing group of installers who are in the field every day turning the promise of solar into reality. These individuals directly empower their communities with the freedom and sustainability of solar energy and should be applauded,” said Sam Adeyemo, co-founder and CRO, Aurora Solar.
“Solar Holler is a benefit corporation, which means we are not focusing on profits; we focus on savings for the homeowner,'' said Justin Kline, lead residential solar designer at Solar Holler and Aurora customer. “At the same time, the industry is growing faster than ever; we have to be quick on our feet in order to grow and scale as rapidly as the industry is changing. We've barely reached the cusp of what the possibilities are here, but we're well on our way and we're moving quickly, thanks to Aurora.”
To hear more from Aurora customers Solar Holler, Semper Solaris, and Solar Union, watch this video celebrating Aurora’s solar installer community. To learn more about Aurora Solar, meet us at RE+ (booth #2464) from September 19-22, 2022.
About Aurora Solar
Aurora is creating a future of solar for all. The company is putting the power of data and technology into the hands of every solar professional to make solar adoption simple and predictable. The cloud-based platform uses data, automation, and AI to streamline workflows and grow solar businesses faster. More than 7,000 of the industry's top organizations rely on Aurora and over 10 million solar projects have been designed with the platform globally. The San Francisco-based company was the only climate tech business named to the 2022 Forbes AI 50 and was voted the best solar software by Solar Power World in 2021. For more information, visit www.aurorasolar.com and follow on Twitter @AuroraSolarInc.
1 SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight Q2 2022
Karen DeVincent-Reinbold
PR & communications director
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OSAKA, Japan--(BUSINESS WIRE)--Panasonic Corporation today announced that it would invest about 20 billion yen (approx. 145 million euros) in its Czech Plant by the Fiscal Year ending in March 2026 to strengthen the production of air-to-water heat pumps (A2W), which have been experiencing growing demand in Europe.
Air-to-water heat pumps, which collect and use heat from the air, emit less CO2 than conventional combustion heaters that use fossil fuels. Demand for these eco-friendly heating systems is growing in the European market.
Panasonic started the production of A2W indoor units at its plant in Plzen, Czech Republic (Panasonic AVC Networks Czech [PAVCCZ]) in 2018. Since then, it has been quickly responding to the European market needs while saving further emissions by local production for local markets in Europe.
Currently, a shift in energy sources reducing gas and other fossil fuels while enabling for more electrification is rapidly taking place in Europe. Due to the rising environmental awareness and the recent circumstances surrounding energy supply, there has been a pressing need for Panasonic to establish a production capacity to meet such growing demand.
The investment will enable PAVCCZ to start the production of outdoor units in the next fiscal year, in addition to indoor units already being manufactured. The company aims to increase its annual production capacity to 500,000 units by the Fiscal Year ending in March 2026.
Panasonic A2W heat pump system features a unique technology that allows heaters to maintain their heating capacity even at low outdoor temperatures. The company also launched an IoT-based maintenance business in Denmark in the last fiscal year, and has continued to expand its business through an enlarged sales structure in each country. Panasonic will strive to achieve further growth in the heating, cooling and ventilation business, which is one of its key businesses, while contributing to the global environment.
Czech Plant Overview
Name |
Panasonic AVC Networks Czech, s.r.o. (PAVCCZ) |
Location |
U Panasoniku 1, 320 84 Plzen, CZECH REPUBLIC |
Date of establishment |
March 13, 1996 |
Activities |
Manufacture of air-to-water heat pumps and Blu-ray players/recorders |
Media Contact:
Wildwood PR
Lorraine Nugent
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Molly Barnes
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PARIS--(BUSINESS WIRE)--Regulatory News:
Technip Energies (PARIS:TE) (ISIN:NL0014559478) announced today that Arnaud Pieton, Chief Executive Officer, will address attendees on Tuesday, September 06, at 3:45 p.m. CDT at the following event:
Barclays CEO Energy-Power Conference
Sheraton New York Times Square, 811 Seventh Avenue, New York NY 10019
Tuesday, September 06, 2022 - Thursday, September 08, 2022
Location: Virtual Conference
The live webcast will be available at the time of the event and can be accessed on our Investor Relations website.
There will be no presentation materials associated with the event.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over-the-counter. For further information: www.technipenergies.com.
Investor relations
Phil Lindsay
Vice-President Investor Relations
Tel: +44 (0) 20 7585 5051
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Media relations
Stella Fumey
Director Press Relations & Digital Communications
Tel: +33 1 85 67 40 95
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement:
International Seaways is singularly focused on delivering value to our shareholders, and the record earnings we recently announced are evidence that our strategy is yielding results. We engage regularly with our shareholders and, since Famatown disclosed its interest in International Seaways, we have been seeking to work with Famatown constructively.
We remain firmly committed to acting in the best interests of International Seaways and all of our shareholders and building on our strong momentum.
ABOUT INTERNATIONAL SEAWAYS, INC.
International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets. International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers. International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. International Seaways is headquartered in New York City, NY. Additional information is available at https://www.intlseas.com.
Forward-Looking Statements
This release contains forward-looking statements. In addition, the Company may make or approve certain statements in future filings with the U.S. Securities and Exchange Commission (SEC), in press releases, or in oral or written presentations by representatives of the Company. All statements other than statements of historical facts should be considered forward-looking statements. These matters or statements may relate to the consequences of the Company’s merger with Diamond S and plans to issue dividends, its prospects, including statements regarding vessel acquisitions, expected synergies, trends in the tanker markets, and possibilities of strategic alliances and investments. Forward-looking statements are based on the Company’s current plans, estimates and projections, and are subject to change based on a number of factors. Investors should carefully consider the risk factors outlined in more detail in the Annual Report on Form 10-K for 2021 for the Company, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, the Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, and in similar sections of other filings made by the Company with the SEC from time to time. The Company assumes no obligation to update or revise any forward-looking statements. Forward-looking statements and written and oral forward-looking statements attributable to the Company or its representatives after the date of this release are qualified in their entirety by the cautionary statements contained in this paragraph and in other reports previously or hereafter filed by the Company with the SEC.
Important Additional Information In Connection with Any Proxy Solicitation
In connection with any solicitation of stockholders in connection with the matters referred to herein, International Seaways, Inc. (the “Company”) would intend to file a proxy statement and WHITE proxy card (the “Proxy Statement”) with the SEC in connection with the solicitation of proxies at a meeting of stockholders or otherwise. The Company, its directors and certain of its executive officers would be participants in the solicitation of proxies from stockholders. Information regarding the names of the Company’s directors and executive officers and their respective interests in the Company by security holdings or otherwise is set forth in the Company’s proxy statement for the 2022 Annual Meeting of stockholders, filed with the SEC on April 21, 2022 (the “2022 Proxy Statement”). To the extent holdings of such participants in the Company’s securities have changed since the amounts described in the 2022 Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Additional information can also be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 2, 2022. Details concerning the Company’s nominees for election at any meeting in connection with the matters referred to herein will be included in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING ANY DEFINITIVE PROXY STATEMENT AND ANY AMENDMENTS AND SUPPLEMENTS THERETO BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. These documents, including the definitive Proxy Statement (and any amendments or supplements thereto) and other documents filed by the Company with the SEC, are available for no charge at the SEC’s website at http://www.sec.gov and at the Company’s investor relations website at https://www.intlseas.com/investor-relations/overview/default.aspx.
Tom Trovato, International Seaways, Inc.
(212) 578-1602
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Matt Sherman / Aaron Palash / Haley Salas
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
HOUSTON & DUSSELDORF, Germany--(BUSINESS WIRE)--JERA & Uniper are collaborating to facilitate the development of the initial production of 2 MTPA of clean ammonia with expansion potential up to 8 MTPA, to greatly accelerate the production and supply of zero-carbon fuels from the US for use in the US, Europe, Japan, and greater Asia. The proposed facility on the US Gulf Coast, developed by JERA Americas and ConocoPhillips, aims to produce hydrogen and convert it into clean ammonia to be supplied to JERA and Uniper under long-term sale and purchase agreements, with Europe as the primary initial export market, with Uniper targeting about 1 MTPA of green ammonia from all sources by the end of the decade.
A project engineering study will be completed by year end to develop the first phase of this landmark project which will assess green and blue hydrogen opportunities. It is expected to reach commercial operation in the late 2020s including a complete certified CCS program.
Both companies are working jointly to optimize their LNG portfolio. As a result, Uniper will be able to supply additional LNG to Germany and JERA to Japan and beyond.
Steven Winn, Chief Executive Officer of JERA Americas Inc. based in Houston said, “JERA is committed to providing cutting edge solutions to the world’s energy issues and is actively working to establish both the ammonia and hydrogen value chains. The combination of a skilled workforce, plentiful natural gas, abundant renewable resources, deep-water ports, and ideal CCS geology make the US Gulf Coast uniquely advantaged to produce the low carbon fuel to enable the Atlantic and Pacific energy markets transition. JERA and ConocoPhillips will be a low-cost ammonia supplier to domestic and international markets. We believe this project offers a unique opportunity to support Germany’s decarbonization efforts while advancing ammonia technology development for hydrogen distribution and industrial decarbonization.”
Yukio Kani, JERA Corporate Vice President, Managing Executive Officer of JERA Inc. headquartered in Tokyo, added, “JERA is working in markets around the world with our business partners to deliver cleaner energy supply and power generation solutions. JERA’s advanced technologies to meet its commitments as a low carbon fuel supplier and end user, together with ConocoPhillips’ low carbon innovation and Uniper’s proven low carbon technologies would support the energy evolution in the US, Europe, Japan and Asia. We also see this collaboration as a positive step to help Europe, Germany and other users during this time of crisis with new low carbon energy supplies coming from the US.”
Niek Den Hollander, Uniper SE, Chief Commercial Officer said, “We are very excited to partner with JERA on this landmark and timely initiative. Our collective goal is to jointly develop and deliver material LNG supply in the very near term and US sourced green and blue hydrogen to Europe to support our longer-term values and goals. Uniper’s key role in meeting the urgent need for alternative gas and clean fuel supply is complemented by JERA and Uniper’s combined global clean energy expertise and technical development capabilities, allowing collaboration between two of the world’s leading energy security and transition companies to accelerate the meeting of Europe’s needs and goals.”
Marc Merrill, President and CEO of Uniper North America added, “I do not think we can underscore enough the importance of continued strong global relationships, particularly at this extraordinary time for both energy security and the energy transition. Uniper North America highly values this opportunity to work closely with JERA Americas on core US infrastructure projects delivering both LNG and hydrogen.”
About JERA
Established in 2015, JERA is an equal joint venture of two major Japanese electric companies, TEPCO Fuel & Power Incorporated and Chubu Electric Power Company and produces about 30% of all electricity in Japan. JERA is an energy company with global reach that has strength in the entire energy supply chain, from participation in LNG upstream projects and fuel procurement, through fuel transportation to power generation. JERA, which stands for Japan’s Energy for a New Era, is committed to achieving net zero CO2 emissions from its domestic and overseas businesses by 2050 and is supporting an energy transition in an environmentally and socially responsible manner. For more details: https://www.jera.co.jp/english/
About Uniper
Uniper is a leading international energy company, has around 11,500 employees, and operates in more than 40 countries. The company plans for its power generation business in Europe to be carbon-neutral by 2035. Uniper’s roughly 33 GW of installed generation capacity make it one of the world's largest electricity producers. The company's core activities include power generation in Europe and Russia as well as global energy trading and a broad gas portfolio, which makes Uniper one of Europe’s leading gas companies. In addition, Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.
The company is based in Düsseldorf. Together with its main shareholder Fortum, Uniper is also Europe’s third-largest producer of zero-carbon energy.
Uniper SE
Georg Oppermann
Senior Vice President External Communication & Sustainability
T +49 178 4394847 This email address is being protected from spambots. You need JavaScript enabled to view it.
JERA Americas Contacts:
Media Inquiries: This email address is being protected from spambots. You need JavaScript enabled to view it.
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SOL GLOBAL REDUCES PRINCIPAL AMOUNT OF CREDIT FACILITY FROM $50 MILLION TO $5.518 MILLION AND CONTINUES REPAYMENT ON A REGULAR BASIS
TORONTO--(BUSINESS WIRE)--SOL Global Investments Corp. (the “Company” or “SOL Global”) (CSE: SOL) (OTCQ SOLCF) (Frankfurt: 9SB) is pleased to announce that it has repaid an additional $1.100 million toward its $50 million credit facility with an arm’s length lender (the “Credit Facility”), reducing the principal amount of the Credit Facility to $5.518 million. SOL Global intends to continue making principal payments towards the Credit Facility on a regular basis and will provide further updates of material changes respecting the Credit Facility, including any additional payments.
Cautionary Statements
This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. Forward-looking information is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management’s perceptions of historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While we consider these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct.
By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release. There is no assurance that SOL Global will be able to continue to make payments or servicing other obligations under the Credit Facility, or its other current or future debt, on the expected timeline, in the manner described or at all. Additional risk factors respecting SOL Global can also be found in SOL Global’s current Management’s Discussion & Analysis, which has been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information.
The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. SOL Global undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
SOL Global Investments Corp.
Paul Kania, CFO
Phone: (212) 729-9208
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
For media inquiries, please contact:
Angela Trostle Gorman
AMW PR
P: 212.542.3146
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
PARIS--(BUSINESS WIRE)--Regulatory News:
This replaces the announcement made at 7:30 AM CET on September 5 due to the following corrections: Technip Energies presentation to the Barclays CEO Energy Power conference timing update.
Technip Energies to Address Attendees at the Barclays CEO Energy-Power Conference
Technip Energies (PARIS:TE) (ISIN:NL0014559478) announced today that Arnaud Pieton, Chief Executive Officer, will address attendees on Tuesday, September 06, at 3:35 p.m. EST (09:35 p.m. CET) at the following event:
Barclays CEO Energy-Power Conference
Sheraton New York Times Square, 811 Seventh Avenue, New York NY 10019
Tuesday, September 06, 2022 - Thursday, September 08, 2022
The live webcast will be available at the time of the event and can be accessed on our Investor Relations website.
There will be no presentation materials associated with the event.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over-the-counter. For further information: www.technipenergies.com.
Investor relations
Phil Lindsay
Vice-President Investor Relations
Tel: +44 (0) 20 7585 5051
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Media relations
Stella Fumey
Director Press Relations & Digital Communications
Tel: +33 1 85 67 40 95
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will give a presentation and host investor one-on-one meetings at the Barclays CEO Energy–Power Conference on Tuesday, September 6, and Wednesday, September 7, 2022 in New York City. The presentation is scheduled for 1:15 p.m. ET, Tuesday, with the accompanying slides accessible via Enterprise’s website at www.enterpriseproducts.com (under the Investors tab). The latest investor deck of slides, which may be used to facilitate investor meetings, will also be accessible on the Enterprise website.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key United States inland and intracoastal waterway systems. The partnership’s assets include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 Bcf of natural gas storage capacity.
Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
Rick Rainey, Media Relations, (713) 381-3635, This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Distribution Transformers-Market Outlook + Database - in Utility, Generation and Industry" report has been added to ResearchAndMarkets.com's offering.
Distribution Transformers market is highly competitive with local players within countries winning majority of the business, especially with the utilities and industry.
Yet, due to their global presence, manufacturers like Hitachi Energy, Schneider Electric and Siemens Energy etc. are able to be the top players on the regional and global levels.
Companies Mentioned
Key Topics Covered:
1. Executive Summary
2. Region Overview
I. Market Setting and Customers
II. Equipment Standards
3. Market Sizing
I. Oil Type Distribution Transformers
II. Dry type Distribution Transformers
4. Competitive Analysis
I. Market Shares
a. Europe
b. Germany
c. France
d. UK
II. Supplier Profiles
5. Market Trends
For more information about this report visit https://www.researchandmarkets.com/r/4myq52
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
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SIOUX FALLS, S.D.--(BUSINESS WIRE)--#Agriculture--Midwest Ag Future is a new organization bringing people together to support agriculture, farmers, and Main Street America, guaranteeing they remain key to our lives and our economy for generations to come. Ethanol with carbon capture ensures that bright future.
“Midwest Ag Future is a volunteer organization of businesses and individuals whose families, communities and livelihoods depend on a healthy agricultural sector. It was originally founded by Midwest members of the Energy Equipment and Infrastructure Alliance to support agriculture and related equipment and infrastructure industries, all vital to our sectors and to the broader economy,” said Brad Gruhot, the Marshall, Minn. Area Chamber of Commerce President and Midwest Ag Future business advisor.
Ethanol is a key part of agriculture. It must remain an essential fuel now and into the future for agriculture to thrive. Efforts like the proposed Summit Carbon Capture project will capture and permanently store carbon dioxide from the production of ethanol making it a net-zero fuel and ensuring its future as a fuel across the country.
“Expanding beyond our initial base, we are supported by businesses, organizations and individuals from many sectors of the economy who understand the importance of actively supporting agriculture with their collective voice and resources. Sharing information, advocating for projects, and countering wrong or misleading information are some of the important ways we work together to support agriculture,” Gruhot added.
About Midwest Ag Future
Midwest Ag Future brings people together to support agriculture, farmers, and Main Street America; guaranteeing they remain key to our lives and our economy for generations to come. Ethanol with carbon capture ensures that bright future. To learn more please visit MidwestAgFuture.com.
Mike Zipko
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CHICAGO--(BUSINESS WIRE)--LanzaTech NZ, Inc. (“LanzaTech”), an innovative Carbon Capture and Transformation (“CCT”) company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging and other products that people use in their daily lives, today announced that management will present and meet with investors at the following investor conferences:
As part of the Cowen Global Transportation & Sustainable Mobility Conference, LanzaTech will be participating in a fireside chat which will be webcast live to investors from 11:20AM EDT – 11:50AM EDT on Wednesday September 7, 2022. Interested parties may register for and view the event live at https://wsw.com/webcast/cowen123/lanz/2021754.
A link to the live webcast event will also be posted to the LanzaTech investors website at https://lanzatech.com/investor-relations/ following the event.
About LanzaTech
LanzaTech harnesses the power of biology and big data to create climate-safe materials and fuels. With expertise in synthetic biology, bioinformatics, artificial intelligence and machine learning coupled with engineering, LanzaTech has created a platform that converts waste carbon into new everyday products that would otherwise come from virgin fossil resources. LanzaTech’s first two commercial scale gas fermentation plants have produced over 30 million gallons of ethanol, which is the equivalent of offsetting the release of 150,000 metric tons of CO2 into the atmosphere. Additional plants are under construction globally. LanzaTech is based in Illinois, USA.
As announced on March 8th, 2022, LanzaTech has entered into a merger agreement with AMCI Acquisition Corp. II (Nasdaq: AMCI). Upon closing of the transaction, the combined company will be renamed LanzaTech Global, Inc. and its common stock is expected to be listed on Nasdaq under the ticker symbol “LNZA.”
Media - LanzaTech
Freya Burton, Chief Sustainability Officer
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Investor Relations - LanzaTech
Omar El-Sharkawy
Director, Corporate Development
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Grid Operator Calling for Third Straight Day of Voluntary Energy Conservation Today
OAKLAND, Calif.--(BUSINESS WIRE)--The state’s grid operator, the California Independent System Operator (CAISO), credits conservation efforts over the past two days for maintaining grid stability and has encouraged customers to answer the call once again today.
CAISO issued a Flex Alert for the third consecutive day to be in effect today (Friday, Sept. 2) from 4 p.m. to 9 p.m., due to high temperatures pushing up energy demand across the West, primarily from air conditioning use. CAISO warned that more Flex Alerts are likely through the Labor Day weekend.
Every simple action matters. Here are easy ways for Pacific Gas and Electric Company (PG&E) customers to reduce the strain on the power supply:
Today, before 4 p.m.:
Today, during the Flex Alert from 4 p.m. to 9 p.m.:
New this summer, customers can be rewarded for saving energy when the state’s grid operator calls for conservation. PG&E’s Power Saver Rewards Program is a free, voluntary program financially rewarding participants for temporarily reducing electricity use when demand is high. By conserving energy during Power Saver Rewards events coinciding with Flex Alerts, customers earn $2 for each kilowatt-hour (kWh) of energy saved. More than 1.5 million PG&E customers are enrolled.
Enrolled customers who reduce energy use between 4 p.m. and 9 p.m. will receive a credit on their bill at the end of the season. There is no cost or penalty for not reducing energy. Visit powersaver.pge.com to easily enroll and learn more about the program.
Customers can also help reduce the amount of power on the grid during a Flex Alert by enrolling in PG&E’s SmartAC program, which cycles the air conditioner on and off every 15 minutes for up to six hours on event days. This year, new participants will receive $75 for existing thermostats or $120 off a new purchase of a thermostat with enrollment. Customers cannot be enrolled in both the SmartAC and Power Saver Rewards Programs.
Eligible customers with a Tesla Powerwall battery energy storage system can participate in the PG&E + Telsa virtual power plant. Through this collaboration, Tesla is participating in PG&E’s Emergency Load Reduction Program (ELRP) Demand Response pilot by enrolling and combining residential Powerwall home battery systems into a virtual power plant to discharge power back to the grid during times of high demand. Participating customers will receive compensation for the energy their Powerwalls discharge.
Also, extreme hot weather can overload electric equipment causing heat-related power outages. PG&E has a plan and encourages customers to prepare as well. Have a flashlight, radios, and fresh batteries ready.
PG&E does not project a need for a Public Safety Power Shutoff due to this weather, but the company’s meteorology team continues to monitor conditions.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.
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DUBLIN--(BUSINESS WIRE)--The "Level Gauge Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Gauge Type, Technology, and End-User" report has been added to ResearchAndMarkets.com's offering.
The Level Gauge market is projected to reach US$ 2,013.69 million by 2028 from US$ 1,391.31 million in 2021; it is expected to grow at a CAGR of 5.6% from 2022 to 2028.
The oil & gas industry is one of the key end users of level gauges. The widespread usage of these instruments for monitoring storage units and downstream processing plants has kept level gauges in high demand in the industry. With the rise in crude oil production in some countries, such as the US, the level gauge market is gaining momentum.
In contrast, the International Energy Agency reports that Asia Pacific is the largest importer and consumer of natural gas. China was responsible for two-thirds of world natural gas demand in 2021. Transportation is vulnerable to leaks as a high-pressure pipeline does not serve the region. As a result, regular monitoring is required throughout the shipment.
According to British Petroleum's 2018 Statistical Review of World Energy, Asia Pacific houses more than 33% of world refining capacity. China, India, Japan, and South Korea have the most active oil and downstream gas sectors in Asia Pacific, accounting for more than 78% of the region's oil refining capacity. This points to a potential possibility in the development of a new end-user.
Furthermore, the demand for measurement equipment from the midstream and downstream industries is likely to rise, which would propel the level gauge market growth.
Fluid sensing is critical in the oil & gas industry. Water, chemical fluids, and oils are essential throughout a well's lifecycle, even more so with the increased use of drilling techniques such as hydraulic fracturing.
The demand for monitoring a wide range of chemicals and processing flow back and created wastewater has grown due to new procedures and regulations. The above mentioned factors are augmenting the demand for level gauge in the oil & gas industry, driving the level gauge market growth.
Impact of COVID-19 Pandemic on Level Gauge Market
In North America, the US is the largest military spender, followed by Canada and Mexico. However, due to the effects of COVID-19 pandemic, these countries are decreasing their investments in developing and acquiring new military technologies in the region. There was a complete halt in the production, manufacturing, and supply of military and defense equipment due to restricted social activities in different countries.
The pandemic and related containment measures obstructed the supply chain of the North American level gauge industry in the initial month. A decline in customer orders was also observed. This resulted in the huge backlog of orders among key market players, thereby negatively impacting the level gauge market growth.
Automatic tank gauge systems, often known as ATGs, are a great addition to any fleet's maintenance program. An ATG is an electronic gauge type installed within an above- or below-ground tank. It monitors the fuel volume or lubricant over time to determine if the tank is leaking liquids.
Automatic tank monitoring systems are useful for assessing fluid levels, utilization based on volume, and tank temperature and can alert operators when tank contents are too high or have hit a critical low and monitor for leaks. Other features of an automatic tank gauge technology include measuring any gaps in the connections between tanks, pipes, and hose lines and monitoring technology pressurization. Modern ATGs are sophisticated monitoring systems that can be either wired or remotely accessed via a wireless modem.
ATG ensures product integrity while also reducing costly inventory loss and environmental expenses associated with a leak by continuously monitoring tank contents and temperature. ATGs are sophisticated monitoring systems that can detect changes in tank contents and inform operators when a minor or major leak occurs. Temperature measurements check the integrity of fluids, such as gasoline, which expands and contracts in reaction to temperature changes.
As certain liquids expand and contract, ATG testing necessitates a period after delivery to allow temperature stability within the tank. Another significant advantage of implementing an autonomous tank gauge technology is the guarantee that there will always be enough fuel on hand to meet inventory requirements.
It notifies when to reorder and refill with an ATG technology. Deliveries can also be automated, allowing facility managers and warehouse operators to focus on other activities. The rising use of ATGs is driving the level gauge market.
Key Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Future Trends
Company Profiles
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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Sullivan Environmental Technologies, Inc. (“Sullivan”).
Sullivan is a leading distributor and manufacturers representative of pumps, valves, controls, and process equipment focused on serving the municipal and industrial water and wastewater industry in the states of Ohio, Kentucky, and Indiana. Financial terms of the transaction were not disclosed. Signing of the definitive agreement occurred on September 1, 2022. Sales and adjusted EBITDA for the last twelve months ending July 31, 2022, were approximately $4.4 million and $1.6 million, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, depreciation and amortization, plus non-recurring items that will not continue after the acquisition.
David R. Little, Chairman and CEO commented, “We are pleased to welcome the Sullivan employees to the DXP team. Sullivan is a unique, well-run business focused on providing equipment and services to customers in the municipal and industrial water and wastewater market. We have had a successful year in scaling our water and wastewater efforts via acquisition and we look forward to Sullivan adding to an already growing and successful end market for DXP. Sullivan as well as DXP, continue to perform in today’s dynamic market and we look forward to their contribution in DXP’s third quarter. Sullivan provides DXP with exceptional sales expertise that will enhance our efforts and our ability to collaborate and serve our customers. Sullivan is another great addition that will enhance DXP’s end market mix, margins, and cash flow profile.”
This is the fourth acquisition in 2022 for DXP Enterprises and the eleventh acquisition since the fourth quarter of 2020, as DXP continues to expand its offering within the water and wastewater markets.
Kent Yee, CFO, added, “We have executed on our strategic priorities to transform and diversify DXP via acquisitions into markets and business models where we can continue to enhance DXP. Today, DXP’s oil & gas exposure is less than twenty-eight percent and that is because we have started to scale different end markets like water and wastewater. We are having a successful year rebounding and growing through acquisition. Sullivan is another example of DXP adding experienced, technical sales teams that complements previous acquisitions. The Sullivan team is another great addition to DXP and our water and wastewater portfolio. Sullivan has a talented team that shares our passion for providing quality products, exceptional service, and superior value to our customers. We continue to see strength at Sullivan and across DXP and look forward to expounding more during our third quarter earnings call.”
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada and Dubai. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services that emphasize and utilize DXP’s vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for our customers. DXP’s business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. For more information, go to www.dxpe.com.
The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. These forward-looking statements include without limitation those about the Company’s expectations regarding the impact of low commodity prices of oil and gas; the Company's expectations regarding the filing of the Form 10-Q; the description of the anticipated changes in the Company's consolidated balance sheet and the results of operations and the Company's assessment of the impact of such anticipated changes; the Company’s business, the Company’s future profitability, cash flow, liquidity, and growth. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; decreases in oil and natural gas prices; decreases in oil and natural gas industry expenditure levels, which may result from decreased oil and natural gas prices or other factors; inability of the Company or its independent auditors to complete the work necessary in order to file the Form 10-Q, in the expected time frame; unanticipated changes to the Company's operating results in the Form 10-Q as filed or in relation to prior periods, including as compared to the anticipated changes stated here; unanticipated impact of such changes and its materiality; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, economic risks related to the impact of COVID-19, ability to manage changes and the continued health or availability of management personnel and changes in customer preferences and attitudes. In some cases, you can identify forward-looking statements by terminology such as, but not limited to, “may,” “will,” “should,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “goal,” or “continue” or the negative of such terms or other comparable terminology. For more information, review the Company’s filings with the Securities and Exchange Commission. More information on these risks and other potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Kent Yee (713) 996-4700
Senior Vice President, CFO
www.dxpe.com
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced that Richard Catalano has been appointed as Chief Financial Officer, effective August 30, 2022.
Mr. Catalano brings more than 35 years of experience as an accomplished financial professional working across multiple industries.
In 1982, Mr. Catalano began his career at KPMG LLP and became an audit partner in 1993. Throughout his 37 years as an audit professional at KPMG LLP, Mr. Catalano has advised a diverse array of clients through private equity financed transactions, M&A related accounting, and filings with the U.S. Securities and Exchange Commission. Towards the later part of his tenure, Mr. Catalano served as the leader of KPMG LLP’s Metro New York Healthcare and Life Sciences Practice and then co-led KPMG’s Global Audit Methodology Group. Mr. Catalano is a Certified Public Accountant licensed to practice in the State of New York.
Emmanuel Lakios, President and Chief Executive Officer of CVD Equipment Corporation welcomed Mr. Catalano to the Company, stating, “We are pleased that Richard has joined our executive team, he is a seasoned professional with vast accounting and finance experience working with public companies. His solid background makes him a natural choice to lead our finance team as CFO.”
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. This equipment is used by its customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, battery nanomaterials, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS, and other applications. Through its application laboratory, the Company provides process development support and process startup assistance with the focus on enabling tomorrow's technologies™. It’s wholly owned subsidiary CVD Materials Corporation provides advanced materials and metal surface treatments and coatings to serve demanding applications in the electronic, biomedical, petroleum, pharmaceutical, and many other industrial markets.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as “forward-looking statements, “as such term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, market and business conditions, the COVID-19 pandemic, the success of CVD Equipment Corporation’s growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of, or failure to receive orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements, and other risks and uncertainties that are described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and the Company’s other filings with the Securities and Exchange Commission. For forward-looking statements in this release, the Company claims the protection of the safe harbor of the Private Securities Litigation Reform Act of 1995. The Company assumes no obligations to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Past performance is not a guarantee of future results.
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WORCESTER, Mass.--(BUSINESS WIRE)--#STEM--With gas prices soaring and food costs pinching family budgets, an interdisciplinary team of researchers at WPI is looking at ways to use food waste to make a renewable and more affordable fuel replacement for oil-based diesel. The work, led by Chemical Engineering Professor Michael Timko, is detailed in a new paper in the journal iScience.
“By creating a biodiesel through this method, we’ve shown that we can bring the price of gas down to $1.10 per gallon, and potentially even lower,” said Timko.
The Environmental Protection Agency estimates that, in 2018 in the United States, about 81% of household food—about 20 tons—ended up in landfills or combustion facilities. Food waste is also a major contributor to climate change: once it’s placed in landfills, it emits methane, a greenhouse gas.
Timko said, “Converting food waste to diesel also has the potential to offset up to 15.3 million tons of CO2 every year, lowering greenhouse gas emissions in the United States by 2.6%.”
The work is part of a multi-year project funded by the Department of Energy, the National Science Foundation, and the Massachusetts Clean Energy Center, and it builds on and refines research previously published in 2018. Timko and his team have now focused on finding a way to make the conversion process easier to scale and bring to the commercial market.
To make the fuel, the researchers employed a process called hydrothermal liquefaction, which uses heat and water to break down the food waste into a liquid. It’s a method that has been used widely in converting other materials into biofuel, including algae. However, using food waste removes the need to grow and cultivate algae—an expensive and time-consuming process—while also leading to similar results for the amount of fuel that is extracted. The team also used a catalyst made of a naturally occurring mineral found in bones to get as much as 30% more energy out of the food waste.
Assistant Professor Andrew Teixeira and PhD student Heather LeClerc played key roles in the research as well. LeClerc has spent the past year conducting research in Denmark, as part of a Fulbright scholarship, and is in the middle of a three-year NSF graduate research fellowship.
For this latest work on food waste and biofuel, LeClerc also worked with the Woods Hole Oceanographic Institute on Cape Cod to gain a better understanding of the biocrudes the WPI team was producing, using equipment the Woods Hole researchers normally use to determine how an oil spill is affecting the ocean environment and changing it over time.
The researchers will continue their efforts to refine the fuel even further, and develop ways to use the process to make home heating oil and marine diesel to power ships.
About Worcester Polytechnic Institute
WPI, a global leader in project-based learning, is a distinctive, top-tier technological university founded in 1865 on the principle that students learn most effectively by applying the theory learned in the classroom to the practice of solving real-world problems. Recognized by the National Academy of Engineering with the 2016 Bernard M. Gordon Prize for Innovation in Engineering and Technology Education, WPI’s pioneering project-based curriculum engages undergraduates in solving important scientific, technological, and societal problems throughout their education and at more than 50 project centers around the world. WPI offers more than 70 bachelor’s, master’s, and doctoral degree programs across 18 academic departments in science, engineering, technology, business, the social sciences, and the humanities and arts. Its faculty and students pursue groundbreaking research to meet ongoing challenges in health and biotechnology; robotics and the internet of things; advanced materials and manufacturing; cyber, data, and security systems; learning science; and more. www.wpi.edu
Jack Levy
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