DUBLIN--(BUSINESS WIRE)--The "Global Hydrogen Fuelling Station Market Report Size, Trends & Growth Opportunity, By Product Type, By End User, By Region And Forecast to 2027." report has been added to ResearchAndMarkets.com's offering.
Global Hydrogen Fueling Station Market
Global Hydrogen Fuelling Station was valued at US$ 2620.5 million in 2021, estimated to reach US$ 3320.2 million in 2027, with a CAGR 4.0% from 2022-2027.
A clean energy fuel is referred as Hydrogen. To fuel cars, heavy duty trucks, Vans, Buses, scooters, Hydrogen Fueling Station are used.
Market Drivers
Major driving factors for the growth of the Hydrogen Fueling Station Market are increasing Investment in Development of Advanced Components and major Companies Investing in R&D Activities to Brighten Their Market Prospects.
Increased emphasis on decarbonizing energy and expansion in the expatriate community are also one of the main driving factors for the market growth.
In addition, the increasing adoption of low carbon technologies, growing demand for hydrogen-powered automobiles, and government regulation also boost the market growth.
Market Restraints
Key restraining factors that hamper the Hydrogen Fueling Station Market growth are High costs of production, the lack of an existing value chain, and the need for international standards.
Market Segmentation
Hydrogen Fueling Station Market is segmented into major 4 categories. Based on Product, the market is divided into Retail vs. Non-Retail Stations, Mobile Hydrogen Stations. Based on End User, the market is segmented into Hydrogen Tube Trailers, Tanker Trucks, Pipeline Delivery, Railcars and Barges. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Asia-Pacific hold the largest share of the market in 2020 and is expected to hold the same during the forecast period owing to the large-scale deployment of hydrogen fuel cell vehicles in countries like China and South Korea.
The market in Europe is anticipated to witness substantial growth in the forthcoming years because of the favorable carbon reduction policies implemented by the European Union which will enhance the demand for advanced hydrogen fueling stations in the region.
Market Key Players
Some of the key players operating in Global Hydrogen Fueling Station Market are Air Products and Chemicals Inc., Ballard Power Systems Inc., BP Plc, Cummins Inc., FirstElement Fuel Inc., FuelCell Energy Inc., ITM Power plc, Linde Plc, Nel ASA, Shell plc.
Industry development
In February 2021, Linde announced that it has partnered with Hyosung Corporation (Hyosung), one of South Korea's largest industrial conglomerates, to build, own and operate extensive new liquid hydrogen infrastructure in South Korea.
In February 2021, Howden, the U.K.-based engineering company, announced its plan to deliver advanced H2 compressor solutions to Everfuel, a leading Denmark-based company.
In July 2021 Air Products (a world leading supplier of hydrogen and hydrogen for mobility solutions), announced its first hydrogen fueling station project for the 2022 Winter Olympics has been commissioned in Zhangjiakou in China's Hebei Province, one of the host cities.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Global Hydrogen Fueling Station Market Outlook
5 Global Hydrogen Fueling Station Market, By Product
6 Global Hydrogen Fueling Station Market, By End User
7 Global Hydrogen Fueling Station Market, By Region
8 North America Global Hydrogen Fueling Station Market Analysis and Forecast (2022 - 2027)
9 Europe Global Hydrogen Fueling Station Market Analysis and Forecast (2022 - 2027)
10 Asia Pacific Global Hydrogen Fueling Station Market Analysis and Forecast (2022 - 2027)
11 Latin America Global Hydrogen Fueling Station Market Analysis and Forecast (2022 - 2027)
12 Middle East Global Hydrogen Fueling Station Market Analysis and Forecast (2022 - 2027)
13 Competitive Analysis
14 Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/g8at1g
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DUBLIN--(BUSINESS WIRE)--#KBRA--KBRA Europe (KBRA) releases research on the impact of natural gas and electricity prices in Europe. With the ongoing impact of the events in Ukraine, Russia, and Europe on wholesale markets, energy prices have been steadily increasing. KBRA notes that natural gas security and supply challenges will likely cause Europe’s energy prices to remain elevated for some time, and this could have severe consequences for industries, households, and the public sector.
In the report, KBRA assesses the immediate impact of the energy price rises in Europe, as well as the credit implications of potential policy measures, both financial and regulatory. Amid this rapidly shifting policy environment, the degree to which these policy measures may help or hinder the sovereign, corporate, infrastructure, and project finance sectors will develop rapidly. As such, the report also outlines some of KBRA’s current expectations.
Key Takeaways
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About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
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OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that its Executive Vice President & CFO, Cheryl Maguire, will participate in the Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference at the Four Seasons Hotel in Boston, MA, on Wednesday, November 9th.
Ms. Maguire will be available for one-on-one meetings all day beginning at 8:45 am ET. The meetings are by appointment only. To schedule a meeting please contact your Morgan Stanley institutional sales representative or Fred Buonocore at This email address is being protected from spambots. You need JavaScript enabled to view it..
LSB will provide access to the presentation that management will be referring to on the “Investors” page of its website, www.lsbindustries.com.
About LSB Industries, Inc.
LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers primarily throughout the United States. Committed to improving the world by setting goals that will reduce our environmental impact on the planet and improve the quality of life for all its people, the Company is well positioned to play a key role in the reduction of global carbon emissions through its planned carbon capture and sequestration, and zero carbon ammonia strategies. Additional information about LSB can be found on its website at www.lsbindustries.com.
Investor Contacts:
Fred Buonocore, CFA, Vice President of Investor Relations
(405) 510-3550
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Media Contact:
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Fire Prevention Week Is An Excellent Time To Prepare for Emergencies
OAKLAND, Calif.--(BUSINESS WIRE)--As part of National Fire Preparedness Week, PG&E is partnering with CAL FIRE and the National Fire Protection Association to provide Californians with important information to keep themselves safe. Taking the steps to make sure you and your family are prepared for fire is extremely important as California enters what is traditionally the peak of wildfire season. You may only have minutes to evacuate if a fire breaks out in or around your home, so it is important to have a plan in place beforehand. Every emergency plan should include:
The Safety Action Center (safetyactioncenter.pge.com), PG&E’s online preparedness resource provides information to empower customers to keep their families, homes, and businesses safe during fires, natural disasters and other emergencies. On that site, you will find tips for building your own personalized emergency plan, how to prepare for an evacuation, and the Do’s and Don’ts of Home Fire Safety - among other valuable information. You will also find 7 Saturdays to a More Fire-Resistant Home, our digital video series of how-to videos led by David Hawks, Senior Safety Specialist at PG&E and the former CAL FIRE Chief of the Butte County unit.
To learn more about how to keep your home safe from fires and other important safety tips, please visit safetyactioncenter.pge.com.
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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Plant Using Westinghouse AP1000® Technology Advances Toward Operation
Vogtle Unit 3 Will Generate Reliable, Affordable Carbon-Free Power for Georgia
CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Westinghouse Electric Company congratulates Georgia Power, Southern Nuclear, and other Vogtle expansion project partners on fuel load for the new Plant Vogtle Unit 3 AP1000® reactor near Waynesboro, GA. The advanced nuclear fuel was manufactured at Westinghouse’s Columbia Fuel Fabrication Facility in South Carolina.
“This is an exciting and important milestone to bring our proven AP1000 reactor to the very last stage before starting to generate clean, affordable and reliable power in America,” said Patrick Fragman, Westinghouse President and Chief Executive Officer. “The AP1000, the most advanced, next-generation nuclear reactor available in the world, will help advance the nation’s climate change and energy security goals.”
Following completion of the fuel load, Southern Nuclear, which will operate the new unit on behalf of Georgia Power and the other co-owners, will begin the startup sequence to ready the reactor for commercial operation in the first quarter of 2023. Once online, Vogtle Unit 3 will power hundreds of thousands of homes and businesses around the clock for the next 60 to 80 years and avoid about 10 million tons of CO2 being released in the atmosphere.
The AP1000 unit is the only operating Generation III+ reactor with fully passive safety systems, modular construction design and has the smallest footprint per MWe on the market. In addition to the two AP1000 units being prepared for start-up at the Vogtle site in the United States, four AP1000 units are currently setting operational performance records in China with four additional units under construction and two more units recently approved for construction. Westinghouse’s AP1000 technology also has been selected for nine units in Ukraine and is under consideration at multiple sites in Central and Eastern Europe, the United Kingdom and in the United States.
Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and Twitter.
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ABS Chairman, President and CEO Highlights Critical Role of Public Private Partnerships in Realizing Net Zero by 2050
STAMFORD, Conn.--(BUSINESS WIRE)--The decisive role of public-private partnerships in delivering net zero for shipping by 2050 was spotlighted by Christopher J. Wiernicki, ABS Chairman, President and CEO in his keynote address at the 2022 SHIPPINGInsight conference.
“We are clearly in the early innings of a decade of change. For shipping the challenge and opportunity lies in two stories: shipping for shipping, which is the decarbonization of our industry and shipping for the world, highlighting shipping’s pivotal role as an enabler of the global green energy transition. Green shipping corridors and clean energy marine hubs unite these two great shipping stories and offer us a clear pathway to 2050. However, we need regulatory clarity and consistency. It is not just about the tank to wake vs well to wake issue. It is also very much about the port to ship issue since port inefficiency will directly impact ship efficiency in terms of CO2 emissions,” said Wiernicki.
“To understand shipping’s role in the transition, we need to appreciate – and we need governments to appreciate – how shipping will be the enabler and transport vehicle to bring the next generation of clean fuels to market. An excellent example of this in action is the emerging liquid CO2 carrier market. By connecting producers to consumers, shipping will be the cornerstone on which all related supply chains will be built. In fact, shipping for the world really gets highlighted when you stretch the green corridors and connect them with the clean energy marine hubs. Shipping now becomes part of the solution,” he added.
His address followed publication of ABS’ industry-leading Green Shipping Corridors -Leveraging Synergies document, an in-depth exploration of green corridors and insights into their critical contribution to the landscape of maritime decarbonization while highlighting the connection with energy hubs. The document sets out how green shipping corridors will help the industry determine the right balance between managing risks and achieving business success.
"In order to make Green Corridors a reality there needs to be a playbook that provides structure around critical success factors. This is what ABS has done,” said Wiernicki. “Green shipping corridors and clean energy marine hubs are interconnectors. They bring all of the pieces of the decarbonization puzzle together, including point to point trading and spot trading, and address the challenges of a diverse, disaggregated and globally regulated industry with carefully calibrated ecosystems designed to deliver success at scale and pace. They are excellent examples of the public private partnerships we will need in order to move up the steep gradient to get to net zero by 2050.”
Green Shipping Corridors -Leveraging Synergies is available for download here.
About ABS
ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.
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DUBLIN--(BUSINESS WIRE)--The "Global Offshore Supply Vessel Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The offshore supply vessel market is poised to grow by $5.14 bn during 2022-2026, accelerating at a CAGR of 4.11% during the forecast period. The report on the offshore supply vessel 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapidly increasing demand for offshore supply vessels used in E&P and well development.
The offshore supply vessel market analysis includes type segment and geographic landscape.
The offshore supply vessel market is segmented as below: By Type
By Geographical Landscape
This study identifies the increasing demand for high-capacity and LNG-fueled OSVs as one of the prime reasons driving the offshore supply vessel market growth during the next few years. Also, a drop in CAPEX and deepwater activities and an increase in global offshore oil and gas exploration activities will lead to sizable demand in the market.
The report on the offshore supply vessel market covers the following areas:
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/qcjjp3
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GREENVILLE, S.C.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
Please replace the graphic with the accompanying corrected graphic.
The updated release reads:
CURRENT HAS CHOSEN SMART LIGHTING SOLUTIONS TO REPRESENT THE CURRENT HLI BRANDS PORTFOLIO
Current™ selects Smart Lighting Solutions as its new representative in Georgia for its HLI Brands Portfolio. Smart Lighting Solutions will help Current drive specification of its advanced lighting and connected controls portfolio known for reliability and quality and delighting customers with responsive service and the product solutions they expect.
Established in 2014, Smart Lighting Solutions rapidly evolved into the market-leading agency with two locations servicing North and South Georgia. They are committed to forwarding a blend of expertise, service, and care for lighting and controls systems to generate results customers can celebrate.
“We are extremely excited to be partnering with Smart Lighting Solutions and have their organization represent Current. They’re a well-respected agency with a knowledgeable staff that has strong expertise,” said Chip Taylor, Current’s Chief Commercial Officer. “Current will also be announcing new representation in the Northern Florida market in the coming weeks, stay tuned.”
Geoff Marlow, Principal Smart Lighting Solutions said, “We’re excited to be working with Current who brings well over a century of lighting and controls experience to the table. Their HLI brand portfolio and commitment to quality and service will really delight our customers and we look forward to the partnership.”
About Current
At Current, we are Always On and working to improve lives with the industry’s most expansive portfolio of sustainable advanced lighting and intelligent controls that reliably meet our customers’ needs. Learn more at CurrentLighting.com
About Smart Lighting Solutions
Smart Lighting Solutions commits to blending expertise, service, and passion for lighting and controls systems generating results our customers can celebrate. Learn more at https://smartltg.com/.
Jim Benson, Vice President Enterprise Marketing & Communications
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(216) 534-4155
DUBLIN--(BUSINESS WIRE)--The "Bioethanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global bioethanol market reached a value of US$ 8.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 8.12% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Bioethanol is a clear, colorless liquid produced from biomass by hydrolysis and sugar fermentation or using the chemical process of reacting ethylene with steam. It is biodegradable, less toxic, and does not cause environmental pollution as compared to conventional fuels.
Consequently, it is gaining traction as a petrol substitute for road transport vehicles around the world. It is blended with petrol without modifying engine designs, which results in reduced greenhouse gas (GHG) emissions and air pollution. Presently, the ongoing research and development activities to produce bioethanol fuel using municipal solid waste are escalating the demand for bioethanol worldwide.
The suburbanization trend and boosting sales of passenger vehicles across the globe on account of inflating disposable incomes represent one of the key factors influencing the market positively. Moreover, the growing environmental concerns among individuals are driving the demand for bioethanol as an alternative to fossil fuels.
Apart from this, improving road transport networks are resulting in the increasing use of commercial vehicles. As these vehicles contribute disproportionately to air pollution and congestion, government bodies of numerous countries are implementing stringent regulations to minimize pollutant emissions and encourage the adoption of bioethanol. In addition, bioethanol finds application in existing engines to reduce the amount of carbon monoxide, thereby assisting in improving the overall air quality.
Furthermore, as it is skin-friendly and harmless for the health and environment, bioethanol is widely used as a carrier and solvent in cosmetics and personal care products across the globe. It is also employed in the pharmaceutical industry as a major ingredient for formulating drugs, cough syrups, medicinal capsules, and disinfectants. Moreover, it is gaining traction in the food and beverage (F&B) industry as a flavor enhancer.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global bioethanol market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, fuel blend, generation and end use industry.
Breakup by Type:
Breakup by Fuel Blend:
Breakup by Generation:
Breakup by End Use Industry:
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Key Questions Answered in This Report:
For more information about this report visit https://www.researchandmarkets.com/r/e1u2q
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Blue Hour 3: The Warehouse, AltaSea’s annual fundraiser and art show, also featured art from David LaChapelle and Taiji Terasaki in collaboration with Parley for the Oceans.
LOS ANGELES--(BUSINESS WIRE)--AltaSea at the Port of Los Angeles presented awards to Sylvia Earle, the famed oceanographer who was the first person to walk the ocean floor solo, and Barbara Stanton’s Entrepreneur Educational Center, Inc. (EECI), a Watts-based nonprofit that focuses on providing at-risk youth with access to good, sustainable jobs. AltaSea President & CEO Terry Tamminen and Founding Executive Director Jenny Krusoe presented the awards at AltaSea’s third annual Blue Hour, an event that connects science, culture, and community by combining art and technology to tell the story of the emerging blue economy.
Often called “Her Deepness” for the record number of hours she spent exploring underwater, Sylvia Earle’s career has pioneered research on marine ecosystems through her exploration and the development of technologies for accessing the deep sea and other remote environments. Earle is a former chief scientist for the National Oceanic and Atmospheric Administration, the first female to hold that position. Earle’s accomplishments include being named Time Magazine’s inaugural “Hero for the Planet,” a Library of Congress Living Legend, and a National Women’s Hall of Fame inductee.
“Sylvia’s impressive career has inspired many and paved the way for generations to explore the ocean,” said Tamminen. “We’re honored to have been able to celebrate her lifetime of dedication to the ocean at the Blue Hour.”
EECI, a nonprofit based in Watts, received the NextGen Award for their work in building a workforce development pipeline. Since 1984, EECI has led an effort to assist, educate, train, and mentor multicultural entrepreneurs and at-risk youth. Earlier this year, AltaSea and EECI launched a collaboration that will open the doors to new career pathways for residents in Los Angeles County’s 2nd and 4th Districts, including a free series of business seminars called “Ride the Wave: Building Blue and Green Communities … One Small Business at a Time.” Barbara Stanton, Executive Director of EECI, accepted the award on EECI’s behalf.
“We are so proud at AltaSea to partner with EECI, because we want the emerging Blue Economy to be champions of inclusion. Our partnership will establish employment opportunities in the many industries of the Blue Economy,” said Krusoe. “Barbara and her team are an integral part of the future of not only AltaSea, but of Los Angeles.”
Pacific6, a company that invests in important initiatives that can positively impact communities, received the Innovation Award for their work to promote and advance sustainable marine aquaculture in North America. During the event, Pacific6 Founding Partner John Molina announced that the first-ever commercial aquaculture vessel will launch from AltaSea’s wharf later this year.
Also receiving awards were Sandy Bradley and Kathy Walsh, who both won the Cornerstone Award for their instrumental roles in AltaSea’s growth since its founding.
Blue Hour 3: The Warehouse was AltaSea’s third visual experience fundraiser, with various art installations created by established and emerging local artists. Curated by AltaSea Board Member Cynthia Hirschhorn and artist Annie Sperling, the art exhibits reflected on humankind’s relationship with the ocean and its critical role in combating climate change. A large-scale immersive installation by artist Taiji Terasaki in collaboration with the environmental organization, Parley for the Oceans, debuted during Blue Hour and will be available for viewing until December at AltaSea, launching Terasaki’s 6-month residency at AltaSea.
The curated art also featured prominent guest artist David LaChapelle, along with a dozen local artists and organizations, including AltaSea community partner Angels Gate Cultural Center and Otis College of Art and Design. The local artists include Taylor Griffith, Sylvia Earle’s grandson. Artists Emma Akmakdjian, Maru Garcia, Ryan Graeff, Blue McRight, Mason Rothschild, Debra Scacco, Jesse Small, and Annie Sperling rounded out the exhibits.
AltaSea – a unique public-private ocean institute that convenes and nurtures the best and brightest pioneers and organizations in science, business, and education – hosted the first-ever Blue Hour in 2020, a drive-in experience that included a first-of-its-kind art installation projected onto the USS Iowa, a retired battleship-turned-museum moored on the San Pedro waterfront. Their 2021 fundraiser, Blue Hour 2: Ocean of Inclusion, was held at the Korean Friendship Bell in Angel’s Gate Park.
Media Assets
Photos from the event can be found here.
Photo Credits:
(Dima Otvertchenko // AltaSea)
(June Yip // AltaSea)
About AltaSea at the Port of Los Angeles
AltaSea at the Port of Los Angeles, located on 35 acres at North America’s leading seaport by both container volume and cargo value, is dedicated to accelerating scientific collaboration, advancing an emerging blue economy through business innovation and job creation, and inspiring the next generation, all for a more sustainable, just, and equitable world.
For more information on AltaSea, please see our website: https://altasea.org.
Jacob Scott
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412-445-7719
DUBLIN--(BUSINESS WIRE)--The "North America Methanol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The North America methanol market size reached 8.8 Million Tons in 2021. Looking forward, the publisher expects the market to reach 13.2 Million Tons by 2027, exhibiting a CAGR of 6.99% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Methanol, also known as wood alcohol, is a colorless, water-soluble liquid with a mild alcoholic odor. It presents an excellent way to store and transport energy conveniently and safely. Methanol is used in fuel cells as a direct reagent or indirectly as a source of hydrogen. In the chemical industry, methanol is used mainly for manufacturing formaldehyde, acetic acid, dimethyl terephthalate (DMT) and other solvents. Similarly, in the energy industry, it is employed in the manufacturing of methyl tertiary butyl ether (MTBE), tertiary amyl methyl ether (TAME), dimethyl ether (DME) and biodiesel.
The North America methanol market is currently being driven by various factors. Methanol offers long term possibilities for reducing greenhouse gas emissions. Therefore, the rising environmental concerns among the consumers have stimulated the usage of methanol as a safer fuel owing to its low rate of evaporation and low radiant heat energy.
In addition to this, it biodegrades easily and can be a safer replacement of products such as crude oil, gasoline and diesel fuel. Apart from this, methanol can be manufactured from a variety of carbon-based feedstock such as natural gas, coal and biomass. These raw materials are readily available in the market and thus driving the production of methanol in the region.
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Physical and Chemical Properties
4.3 Key Industry Trends
5 Global Methanol Market
5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Region
5.4 Market Forecast
6 North America Methanol Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Methanol Market: Breakup by Application
7.1 Formaldehyde
7.2 Dimethyl Ether
7.3 Gasoline
7.4 Chloromethane
7.5 MTBE/TAME
7.6 Acetic Acid
7.7 Others
8 North America Methanol Market: Imports and Exports
8.1 Imports
8.2 Exports
9 North America Methanol Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Application
9.1.3 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Application
9.2.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Raw Material Mining and Extraction
11.3 Manufacturing
11.4 Distribution
11.5 Export
11.6 End-Use
12 Porter's Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/3kqlv4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ANNAPOLIS, Md.--(BUSINESS WIRE)--$HASI--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong") (NYSE: HASI), a leading investor in climate solutions, today announced the appointment of Lizabeth “Beth” Ardisana to its Board of Directors, effective October 10, 2022.
With the addition of Ms. Ardisana as an independent member, the Board of Directors will consist of nine members, eight of whom are independent members. Ms. Ardisana was appointed by the Board to serve as a member of the Audit Committee.
“We are delighted to welcome Lizabeth Ardisana to our Board of Directors. Her connectivity to the automotive, renewable fuel, and agriculture industries broadens our Board competencies in these climate solutions markets,” said Jeffrey W. Eckel, Hannon Armstrong Chairman and CEO. “As an entrepreneur and senior executive, she will provide additional perspective on our growth prospects in new markets.”
Lizabeth Ardisana is the CEO and principal owner of ASG Renaissance LLC. Founded by Ms. Ardisana in 1987, ASG Renaissance is a technical and communication services firm that provides services to a wide range of clients in the automotive, environmental, defense, construction, healthcare, banking, and education sectors. Ms. Ardisana is also CEO of Performance Driven Workforce LLC, a scheduling and staffing firm that was founded in 2015 and has since expanded into five states. Prior to founding ASG Renaissance, Ms. Ardisana worked at Ford Motor Company for 14 years, holding various management positions in vehicle development, product planning and marketing.
As a Hispanic and female business owner, Ms. Ardisana is an active business and civic leader in Michigan. She has served on the boards of publicly held Clean Energy Fuels Corp. since 2019 and Huntington Bancshares Inc. since 2016. She also serves on the board of the privately held U.S. Sugar Corporation. She was a member of the board of Citizens Republic Bancorp Inc. from 2004 to 2013, and a member of the board of FirstMerit Corporation from 2013 to 2016.
Ms. Ardisana also has held numerous leadership positions in a variety of nonprofit organizations, including The Skillman Foundation, Charles Stewart Mott Foundation, Kettering University, Metropolitan Affairs Coalition, Focus: HOPE, and NextEnergy. Ms. Ardisana was appointed by the governor of Michigan to the executive board of the Michigan Economic Development Corporation and chairs its finance committee. She is the vice chair of Wayne Health, where she serves on the audit committee and compensation committee.
Ms. Ardisana holds a Bachelor of Science degree in mathematics and computer science from the University of Texas, a Master of Science degree in mechanical engineering from the University of Michigan, and a Master of Business Administration degree from the University of Detroit.
About Hannon Armstrong
Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to assets developed by leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $9 billion in managed assets, our core purpose is to make climate positive investments with superior risk-adjusted returns. For more information, please visit hannonarmstrong.com or follow us on Twitter and LinkedIn.
Forward-Looking Statements
Some of the information contained in this press release is forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are subject to risks and uncertainties. For these statements, we claim the protections of the safe harbor for forward-looking statements contained in such Sections. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions, we intend to identify forward-looking statements.
Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption “Risk Factors” included in our most recent Annual Report on Form 10-K as well as in other periodic reports that we file with the U.S. Securities and Exchange Commission
Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. We disclaim any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release.
Media:
Gil Jenkins
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443-321-5753
Investors:
Neha Gaddam
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410-571-6189
PARIS--(BUSINESS WIRE)--Technip Energies (Paris:TE) (ISIN:NL0014559478) and Shell Catalysts & Technologies are building on their successful track record of collaboration by strengthening their strategic alliance, which aims to drive cost-effective, large-scale carbon capture and storage (CCS) projects by providing a combination of state-of-the-art technology and project management excellence.
The strategic alliance consists of an integrated collaboration for the joint promotion, marketing, licensing and execution of projects using Shell’s CANSOLV(1) CO2 capture system technology, resulting in lower Capex and Opex for clients.
The two organizations, which have been working together since 2012, share a common objective of contributing to the acceleration of the energy transition. By enhancing their collaboration, they have the ambition to efficiently address the rapidly growing CCS market and the strong need for affordable and proven solutions.
In addition to its CANSOLV technology, Shell Catalysts & Technologies brings to the alliance substantial CCS experience gained from supporting Shell’s projects. Technip Energies, which also has a significant CCS track record, brings end-to-end project delivery experience in front-end-engineering design (FEED), engineering, procurement and construction (EPC), commissioning and start-up, and life-of-asset services. As an example of this collaboration, Technip Energies was recently awarded an EPC contract by Hafslund Oslo Celsio for a world-first CCS project at waste to energy plant located in Oslo, Norway, leveraging Shell’s CANSOLV(1) CO2 capture system technology.
Arnaud Pieton, CEO of Technip Energies, stated: “Both organizations are recognized global energy leaders, bringing complementary skills for CCS and sharing a similar, bold energy transition vision. Strengthening our collaboration will help to drive CCS affordability by developing industrial-scale solutions. This will support the growing demand for CCS across industries and geographies and will help us to make a significant contribution to a sustainable future.”
Yuri Sebregts, Executive Vice President of technology of Shell, said: “Our current cooperation has already unlocked several highly significant improvements. For example, we were able to find ways to make the CANSOLV technology less energy intensive and developed opportunities to modularise and standardise solutions. Consequently, we are able to offer lower capital and operating costs to our customers.”
In June 2022, Technip Energies joined Shell’s Energy Transition Campus Amsterdam (ETCA) to form a joint, co-located delivery team. This followed Shell’s move to transform the site, previously known as Shell Technology Centre Amsterdam, into an open innovation campus and to invite external parties to co-locate there and work together on solutions for cleaner energy. Over the next few years, the joint team stationed at ETCA will continue to work towards achieving strong improvements in cost reduction through joint value delivery and improvement programs.
(1) CANSOLV is a Shell trademark.
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 is listed on Euronext Paris with American depositary receipts (“ADRs”) trading over-the-counter in the United States.
For further information: www.technipenergies.com.
About Shell Catalysts & Technologies
Shell Catalysts & Technologies, part of Shell, is a leading technology licensor and brings owner–operator–innovator–capabilities to the market. It has more than 1,200 references for gas processing technologies at gas plants and refineries worldwide.
It supports Shell and non-Shell businesses by working with them to cocreate integrated, customised solutions comprising licensed technologies, refining and petrochemical catalysts, and technical services.
It was formed by combining Shell Global Solutions, a technology licensor with a track record of delivering pioneering process schemes and innovative configurations; Criterion Catalysts & Technologies, the world’s largest hydroprocessing catalyst supplier; and CRI Catalyst Company, a pioneer in the petrochemical catalyst sector.
It operates across the energy value chain: from upstream, gas processing and liquefied natural gas through to downstream refining and petrochemicals.
For more information, visit www.shell.com/ct.
Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects of Technip Energies’ operations or operating results. Forward-looking statements are often identified by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook,” and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ filings with the U.S. Securities and Exchange Commission, which include amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Technip Energies
Investor relations
Phil Lindsay
Vice-President Investor Relations
Tel: +44 20 7585 5051
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Media relations
Stella Fumey
Director Press Relations & Digital Communications
Tel: +33 (1) 85 67 40 95
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Jason Hyonne
Press Relations & Social Media Lead
Tel: +33 1 47 78 22 89
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Shell Catalysts & Technologies
Laura van Lingen
Shell Catalysts & Technologies
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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 quarter ended Sep. 30, 2022 before the opening of market on Thursday, Nov. 3, 2022. The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on Nov. 3, 2022 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT 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 telephone replay of the conference call will be available through Nov. 8, 2022. To access the telephone replay, dial 888-203-1112 or 719-457-0820 and enter passcode 6390616.
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.
Kenneth P. Gianella
Vice President, Investor Relations
(669) 770-4643
David Means
Director, Investor Relations
(737) 242-8448
Grants Help Fund 10 Projects in 8 Counties
OAKLAND, Calif.--(BUSINESS WIRE)--The work of local California Fire Safe Councils (FSCs) is critical to strengthening the safety and preparedness of local communities in areas of extreme fire risk. That’s why Pacific Gas and Electric Company (PG&E) is supporting eight FSCs with a total of $250,000 for projects aimed at reducing the threat of wildfires.
“We are working every day with our customers and communities to manage trees and other vegetation located near powerlines and equipment that could cause a wildfire or power outage. But we can’t do it alone,” said Peter Kenny, PG&E Senior Vice President of Vegetation Management and System Inspections. “That’s why our long-standing partnership with local Fire Safe Councils, and our shared goal of keeping our communities safe, is essential.”
Grants from PG&E will go toward ten projects in eight counties that are to be completed by the end of the year. PG&E has provided more than $17 million in funding to support local FSCs in their efforts to improve fire safety since 2014.
“The California Fire Safe Council appreciates the empowerment the grants from PG&E have provided our groups to help them create safer and more resilient communities,” said Interim Executive Director, Bruce Martin, of the California Fire Safe Council.
Typical FSC projects include reducing fuel, creating fuel breaks, and improving fire evacuation routes and emergency access roads.
“With funding from PG&E, Napa County, and donations from local fundraisers, we’re able to create roadside fuel breaks where powerlines run overhead on Conn Valley Road,” said Mike Wilson, Vegetation Program Manager for Napa Communities Firewise Foundation, a nonprofit which received a total of $50,000 from PG&E this year. “Working with a local contractor, we’re also clearing the roadside at an intersection known as the Four Corners, near Angwin, to make the area safer for the public and first responders in the event of an evacuation.”
California, Oregon, and Washington, along with several other western states, continue to experience an increase in wildfire risk and a longer wildfire season. Nearly one-third of the electric lines that provide PG&E customers with power are now in High Fire-Threat District (HFTD) areas, as designated by the California Public Utilities Commission (CPUC).
For the many ways PG&E works with customers and communities to manage trees and other vegetation located near powerlines, visit www.pge.com/trees.
Local Fire Safe Councils and 501(c)(3) Organizations Receiving PG&E Funding for Projects
Organization |
County |
Amador Fire Safe Council |
Amador |
Auburn Lake Trails Fire Safety and Improvement Council |
El Dorado |
Calaveras Foothills Fire Safe Council |
Calaveras |
Highway 168 Fire Safe Council |
Fresno |
Iowa Hill Community Club |
Placer |
Napa Communities Firewise Foundation |
Napa |
San Luis Obispo County Fire Safe Council |
San Luis Obispo |
Trinity County Resource Conservation District |
Trinity |
For tips and checklists on preparing for an emergency and wildfire season, visit the PG&E Safety Action Center at www.safetyactioncenter.pge.com.
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.
MEDIA RELATIONS:
415-973-5930
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) today announced it will release its third quarter 2022 financial results on November 3, 2022 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.
Q3 2022 Conference Call and Webcast
Date: November 3, 2022
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: 450417
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: 242063
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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DUBLIN--(BUSINESS WIRE)--The "Gas Utilities Market Summary, Competitive Analysis and Forecast, 2017-2026" report has been added to ResearchAndMarkets.com's offering.
This industry profile provides top-line qualitative and quantitative summary information including: market share, industry size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Companies Mentioned
Key Highlights
Scope
Reasons to Buy
Key Topics Covered:
1 EXECUTIVE SUMMARY
2 Introduction
3 Global Gas Utilities
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Gas Utilities in Asia-Pacific
6 Gas Utilities in Europe
7 Macroeconomic Indicators
8 Gas Utilities in Japan
9 Macroeconomic Indicators
10 Gas Utilities in The United Kingdom
11 Macroeconomic Indicators
12 Gas Utilities in The United States
13 Macroeconomic Indicators
14 Gas Utilities in France
15 Macroeconomic Indicators
16 Gas Utilities in Germany
17 Macroeconomic Indicators
18 Company Profiles
19 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/gvo4b5
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”) announced today that it will host a conference call to discuss its third quarter 2022 results on Tuesday, November 1, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its third quarter 2022 earnings release after the market closes on October 31, 2022.
To join the third quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investor Relations section of the Company’s website, www.solarisoilfield.com.
An audio replay of the conference call will be available shortly after the conclusion of the call and will remain available for approximately seven days. It can be accessed by dialing (877) 344-7529 within the United States or (412) 317-0088 outside of the United States. The conference call replay access code is 2240232. The replay will also be available in the Investor Relations section of the Company’s website shortly after the conclusion of the call and will remain available for approximately seven days.
About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented equipment and systems are deployed across oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.
Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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VANCOUVER, British Columbia--(BUSINESS WIRE)--#marineshipping--A joint research project between the University of British Columbia (UBC), the Clear Seas Centre for Responsible Marine Shipping (Clear Seas) and the National Research Council of Canada’s (NRC) Ocean, Coastal and River Engineering Research Centre aims to play a key role in reducing the environmental footprint of shipping, which accounts for nearly three per cent of global human-caused carbon emissions.
Funded by the National Research Council of Canada’s Ocean program and Mitac’s Accelerate Program, this multi-year project is led by Dr. Amanda Giang, Assistant Professor at UBC’s Institute for Resources, Environment, and Sustainability (IRES) and Department of Mechanical Engineering, and by Dr. Terre Satterfield, a Professor also from IRES.
“This research will see the development of a framework to assess and rank technological solutions to help reduce the overall environmental impact of marine shipping,” says Paul Blomerus, Executive Director, Clear Seas.
The study will highlight research and development efforts, support policy decisions, and recommend technologies that can be used to retrofit existing ships, and which can be incorporated into new ship designs, he says.
“This is an exciting opportunity to explore integrated planning that takes a more holistic perspective on environmental impact. With Clear Seas’ reach, we will be able to engage a wider range of marine stakeholders and rightsholders in this discussion,” says Giang.
When it comes to improving the environmental footprint of shipping, ship owners and marine architects are faced with a myriad of choices that they should consider. This includes options such as artificial intelligence and autonomous systems, alternative fuels, state-of-the-art materials for hulls, and what type of propulsion systems to use, ranging from next generation designs of propellers to assistance from wind-powered rotors. “We hope that the evaluation framework developed as part of this project can be a tool to support structured conversations around the trade-offs and opportunities that different technologies provide,” adds Giang.
Although marine shipping remains the most energy-efficient way to transport freight globally, as vessel traffic increases, there are increased concerns about its environmental impact, which extends beyond greenhouse gas emissions. Indeed, commercial ships must work to reduce and eliminate all forms of air pollution, discharges of waste into the water, releases of microplastics, underwater noise, and the transfer of invasive species, while preventing spills and accidents.
This collaborative research project between UBC, Clear Seas, and the NRC will allow for the development of an evaluation framework that aims to better account for a wider range of environmental effect of shipping and the extent different technologies may contribute to reducing all impacts including greenhouse gases (GHGs). Once completed, this framework will be publicly available and help identify and prioritize solutions that have the potential to reduce impacts across the full suite of environmental performance areas. More on the project here.
About UBC IRES
The Institute for Resources, Environment and Sustainability is a problem-focused and curiosity-driven interdisciplinary research institute and graduate program at UBC. The unit’s faculty hold interest and expertise in a wide range of topics under the realm of environment and sustainability.
About Clear Seas
Clear Seas is a Canadian not-for-profit and independent research centre that provides impartial information on marine shipping to policy makers and the public. The organization’s research agenda is defined internally in response to current issues, reviewed by a research advisory committee, and approved by a board of directors. All publications are at clearseas.org
Media:
Edward Downing
Director of Communications
Tel.: (778) 730-1359 or cell (604) 817-3058
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ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)
Distribution
The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2022, of $0.52 per unit.
This corresponds to $2.08 per outstanding unit on an annualized basis.
This cash distribution will be paid on November 9, 2022 to all unitholders of record as of the close of business on October 27, 2022.
About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for U.S. federal income tax purposes, and thus issues a Form 1099 to its unitholders, rather than a Form K-1. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP”.
Forward looking statements
This press release includes statements that may constitute forward-looking statements. 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. Factors that can affect future results are discussed in the Annual Report on Form 20-F filed by the Partnership with SEC. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
KNOT Offshore Partners LP
Gary Chapman
Chief Executive Officer and Chief Financial Officer
Tel: +44 1224 618 420
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Source: KNOT Offshore Partners LP
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