ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets supporting government and commercial markets, today announced that it will issue third quarter 2022 results after market close on Wednesday, October 26, 2022. A conference call will be held Thursday, October 27, 2022 at 8:30 A.M. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session.

A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of VSE’s website at https://ir.vsecorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

To participate in the live teleconference on October 27, 2022:
Domestic Live: (877) 407-0789
International Live: (201) 689-8562
Web link: Click Here

To listen to a replay of the teleconference through November 10, 2022:
Domestic Replay: (844) 512-2921
International Replay: (412) 317-6671
Replay PIN Number: 13733403

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s services and products, visit us at www.vsecorp.com.

FORWARD LOOKING STATEMENTS

This release contains statements that, to the extent they are not recitations of historical fact, constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward-looking statements in this news release, see VSE’s public filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and VSE specifically disclaims any obligation to update these statements in the future.

INVESTOR RELATIONS CONTACT: Noel Ryan | Phone: 720.778.2415 | This email address is being protected from spambots. You need JavaScript enabled to view it.

MIAMI--(BUSINESS WIRE)--#RyderEverbetter--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its top carrier selections for the 25^th Annual Ryder Carrier Quality Awards. The award program recognizes United States and Canada carriers for service quality and operational excellence based on a variety of metrics, including on-time performance, customer service, economic value, claims handling, and commitment to innovation.

“Technology and innovation have never been more important in the transportation and logistics industry. In fact, they’ve become critical drivers of performance, value, and service,” says Dave Belter, vice president and general manager of transportation management for Ryder. “That’s why our leading carriers have adopted RyderShare™ – the ultimate digital platform for visibility, collaboration, and exception management. It’s the gold standard for our transportation management partners, and those who have adopted the one-of-a-kind technology are reaping the benefits of streamlined communications, improved productivity, increased cost savings, and unrivaled customer service.”

Ryder manages a network of thousands of carriers to help move more than $7 billion in freight purchased and/or executed on behalf of its customers annually. The recipients of this year’s Ryder Carrier Quality Awards are:

"Cowan Systems is proud to be recognized as Ryder's Most Innovative Carrier of the Year," says Chris Hichew, director of IT business solutions for Cowan. "Driven by our entrepreneurial spirit, we continue to make substantial investments in our internal technical teams and capabilities in support of our company vision to be the carrier of choice for both our customers and our drivers. We look forward to our continued partnership with Ryder as we work together to further embrace technology and innovation in the pursuit of delivering the quality of service and value that our mutual customers have come to expect."

“It’s a great honor to be recognized as a National LTL Carrier of the Year by Ryder,” says Rob Estes, president and CEO of Estes. “As North America’s largest privately held freight carrier, going the extra mile for our customers is our top priority. That’s why we are so grateful for our relationship with Ryder and the way they have supported us in our mission to keep America’s freight moving and take care of the people we serve.”

Ryder’s carrier network is vital to ensuring quality service for its customers. From planning, procurement, and execution to management of transportation networks, Ryder helps improve service levels and reduce transportation costs.

To learn more about Ryder’s transportation management solutions, click here.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements, including our expectations with respect to the performance of RyderShare, are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

ryder-ar
ryder-dts

Anne Hendricks
(305) 500-4547
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Amy Federman
(305) 500-4989
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AUSTIN, Texas--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the third quarter of 2022. The distribution will be paid on November 4, 2022 to unitholders of record as of the close of business on October 24, 2022.

Third Quarter 2022 Earnings Conference Call

In addition, USA Compression will release its third quarter 2022 results prior to the opening of U.S. financial markets on Tuesday, November 1. Management will conduct an investor conference call the same day starting at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss financial and operating results. The call will be broadcast live over the internet. Investors may participate by audio webcast, or if located in the U.S. or Canada, by phone.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas and crude oil. USA Compression focuses on providing natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities and transportation applications. More information is available at usacompression.com.

NON-U.S. WITHHOLDING INFORMATION

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of USA Compression’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, USA Compression’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

FORWARD-LOOKING STATEMENTS

Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of USA Compression, and a variety of risks that could cause results to differ materially from those expected by management of USA Compression. USA Compression undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

Mike Pearl / 832-823-7306
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DUBLIN--(BUSINESS WIRE)--The "Seamless Pipes Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global seamless pipes market is expected to grow from $217.42 billion in 2021 to $227.21 billion in 2022 at a compound annual growth rate (CAGR) of 4.5%. The seamless pipes market is expected to grow to $272.73 billion in 2026 at a compound annual growth rate (CAGR) of 4.6%.

North America was the largest region in the seamless pipes market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seamless pipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The installation of new transmission pipelines is expected to propel the growth of the seamless pipes market going forward. Transmission pipelines refer to large-diameter steel pipes, used to transport crude oil from their respective gathering systems to refining, processing, or storage facilities. The rapid growth in the installation of new transmission pipelines is expected to boost the utilization of seamless pipes, as they are used as the primary component in these pipelines.

For instance, in November 2021, according to the U.S. Energy Information Administration, a principal agency of the U.S. federal statistical system, new transmission pipelines were constructed that have about 3 million miles of mainline and other pipelines are also being built that link natural gas production areas and storage facilities with consumers. Further, in 2020, this natural gas transportation network delivered about 27.7 trillion cubic feet of natural gas to approximately 77.3 million customers. Therefore, installing new transmission pipelines across the globe is expected to boost the demand for seamless pipes during the forecast period.

Technological advancements are a key trend gaining popularity in the seamless pipes market. Major players operating in the seamless pipes market are focusing on developing innovative products for various industries such as oil and gas, hydrogen energy, and others to strengthen their position in the market.

For instance, in July 2021, TMK Company, a Russia-based manufacturer of seamless pipes developed smart pipes for trunk gas pipelines with Gazprom, a state-owned multinational energy corporation based in Russia. The new technical solution was developed to monitor and diagnose pipeline infrastructure integrity. The pipes have uniquely built-in sensors, which provide updates on gas pipeline stress-strain behaviour in real-time and assess its remaining service life to prevent emergencies.

In April 2020, Maruichi Steel Tube Ltd, a Japan-based producer of seamless pipes, welded steel pipes, structural tubes, and conduit tubes acquired Kobelco Steel Tube. Co. Ltd for the deal amount of $100 million. The acquisition is expected to strengthen Maruichi's businesses by expanding manufacturing plants in USA and Asia to grow and support decreasing domestic demands for structural steel pipes both in domestic and international markets. Kobelco Steel Tube. Co. Ltd is a Japan-based manufacturer, specializing in seamless stainless steel pipes and tubes.

Scope

Markets Covered:

1) By Type: Hot Finished Seamless Pipes; Cold Finished Seamless Pipes

2) By Materials: Steel and Alloys; Copper and Alloys; Nickel and Alloys; Magnesium Alloys; Other Materials

3) By Production Process: Continuous Mandrel Rolling; Multi-Stand Plug Mill; Cross Roll Piercing; Pilger Rolling

4) By Application: Oil and Gas; Building and Construction; Power Generation; Automotive; Aviation; Other Applications

Key Topics Covered:

1. Executive Summary

2. Seamless Pipes Market Characteristics

3. Seamless Pipes Market Trends And Strategies

4. Impact Of COVID-19 On Seamless Pipes

5. Seamless Pipes Market Size And Growth

6. Seamless Pipes Market Segmentation

7. Seamless Pipes Market Regional And Country Analysis

8. Asia-Pacific Seamless Pipes Market

9. China Seamless Pipes Market

10. India Seamless Pipes Market

11. Japan Seamless Pipes Market

12. Australia Seamless Pipes Market

13. Indonesia Seamless Pipes Market

14. South Korea Seamless Pipes Market

15. Western Europe Seamless Pipes Market

16. UK Seamless Pipes Market

17. Germany Seamless Pipes Market

18. France Seamless Pipes Market

19. Eastern Europe Seamless Pipes Market

20. Russia Seamless Pipes Market

21. North America Seamless Pipes Market

22. USA Seamless Pipes Market

23. South America Seamless Pipes Market

24. Brazil Seamless Pipes Market

25. Middle East Seamless Pipes Market

26. Africa Seamless Pipes Market

27. Seamless Pipes Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Seamless Pipes Market

29. Seamless Pipes Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned

• Zaffertec S.L.
• Alco SAS
• Nippon Steel Corporation
• ArcelorMittal SA
• JFE Steel Corporation

For more information about this report visit https://www.researchandmarkets.com/r/l1d256

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PORTLAND, Ore.--(BUSINESS WIRE)--The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has increased the quarterly dividend to 48.5 cents per share on the Company's common stock.

The dividend will be paid on Nov. 15, 2022 to shareholders of record on Oct. 31, 2022. The Company's indicated annual dividend rate is $1.94 per share.

About NW Natural Holdings

Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), is headquartered in Portland, Oregon and has been doing business for more than 160 years. It owns Northwest Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), NW Natural Renewables Holdings (NW Natural Renewables), and other business interests.

NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people in more than 140 communities through more than 790,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. NW Natural owns and operates 21 Bcf of underground gas storage capacity in Oregon.

NW Natural Water currently provides water distribution and wastewater services to 150,000 people through approximately 60,000 connections for communities throughout the Pacific Northwest, Texas and Arizona. Learn more about our water business at nwnaturalwater.com.

Additional information is available at nwnaturalholdings.com.

Investor Contact: Nikki Sparley
Phone: 503-721-2530
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The real estate leader brings deep real estate investment expertise to the growing investment platform focused on producing and scaling profitable climate solutions

SAN FRANCISCO--(BUSINESS WIRE)--Joseph Sumberg has joined Galvanize Climate Solutions (“Galvanize”) and its team of finance and climate leaders, where he will be responsible for launching its sustainable real estate investment platform. Joseph will be based out of Galvanize’s New York office.

Joseph comes to Galvanize from Goldman Sachs, where he was a Managing Director and spent 15 years in the organization as a real estate investor and lender. Joseph was Investment Committee Chair, Chief Investment Officer, and Portfolio Manager for all funds and accounts previously managed by GSAM Private Real Estate, a US real estate investment platform that he co-founded in 2011. He joined Goldman Sachs in 2007 and became a Managing Director in 2016.

At Galvanize, Joseph will be a vital member of the team as the platform grows and tackles decarbonization across asset classes and strategies. He brings to the platform vast experience in real estate investing, risk management, and fund management as well as a passion for incorporating sustainable investing practices into the built-environment.

“Joe’s experience in managing real estate portfolios, and his on-the-ground knowledge of decarbonization, will be a real asset for Galvanize and our partners,” said Katie Hall, Co-Executive Chair of Galvanize. “His expertise will help us address a critical piece of the climate crisis.”

Founded by noted investors Katie Hall and Tom Steyer, Galvanize is a mission-driven investment platform, bringing together the ingenuity of the public and private sectors to support companies and leaders building climate solutions for a healthier and safer world.

“We cannot tackle the climate crisis without strategizing for our built environment,” said Tom Steyer, Co-Executive Chair of Galvanize. “Joe’s real estate management experience – and passion for decarbonization – will help Galvanize expand and deliver the urgent climate solutions we need in this area.”

“I believe climate change will be one of the most consequential secular trends in the US real estate market for decades to come,” said Joseph Sumberg, Managing Partner and Head of Galvanize Sustainable Real Estate. “I’m thrilled to partner with the Galvanize team with the aim of generating compelling risk adjusted returns for our investors, while simultaneously decarbonizing an asset class that has historically been a significant contributor to climate change.”

ABOUT GALVANIZE CLIMATE SOLUTIONS

Galvanize Climate Solutions, launched in September 2021 by Tom Steyer and Katie Hall, is a mission-driven investment platform that will provide capital, expertise and partnerships necessary to produce and scale urgent climate solutions.

Galvanize aims to combine investment, technical, policy and communications expertise under one roof. Despite the progress that has already been made surrounding the climate crisis, there is still a significant gap between where we are headed and what the natural world needs to secure a livable future. Galvanize will help to close that gap by driving innovation, leadership and significant private sector investment to climate-focused companies and innovations.

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NEW YORK--(BUSINESS WIRE)--OceanTech Acquisitions I Corp. (“OceanTech” or the “Company”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that its previously announced agreement and plan of merger (the “Business Combination Agreement”) with Captura Biopharma, Inc. (“Captura”) has been terminated by mutual agreement of all relevant parties. As a result, OceanTech will seek an alternative business combination.

About OceanTech Acquisitions I Corp.

OceanTech Acquisitions I Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. OceanTech is sponsored by OceanTech Acquisitions I Sponsors LLC, an affiliate of investor and entrepreneur Joseph Adir.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Relations
Lena Cati
The Equity Group, Inc.
(212) 836-9611
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COLUMBUS, Ind.--(BUSINESS WIRE)--#cummins--Cummins Inc. (NYSE: CMI) will soon begin building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain, reaffirming the company’s commitment to expanding the green hydrogen economy in Europe and globally.

Last year, Cummins announced it had selected Spain as the site of a new proton exchange membrane (PEM) electrolyzer plant. Earlier this year, the company purchased more than 530,000 sq. ft. (50,000 sq. m.) of land in the industrial area of Guadalajara, Castilla-La Mancha, where it is now preparing to begin construction.

“We’re excited to be a part of Guadalajara and put down our roots in Spain. The growing hydrogen economy here continues to be an attractive environment for Cummins to increase its global electrolyzer manufacturing footprint,” said Amy Davis, Vice President and President of New Power at Cummins. “With the support of the Spanish government and European Union, Spain’s hydrogen market has great potential. This facility will poise Cummins to help European customers transition their energy supply and meet ambitious sustainability goals. This plant is also another step toward achieving Cummins’ own carbon neutrality targets.”

Construction of the new PEM electrolyzer plant is anticipated to be complete at the end of 2023. It will initially create approximately 150 high-skill jobs, with the potential to add another 200 jobs as production grows. The more than 200,000 sq. ft. (20,000 sq. m.) facility will house system assembly and testing and have the capacity to produce 500MW of electrolyzers per year, scalable to more than 1GW per year.

Cummins’ investment in Spain adds to the company’s global efforts to scale development and manufacturing of zero-emissions technologies and ultimately reduce carbon emissions. The company also recently announced the expansion of PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1GW.

“Green” hydrogen – produced through water electrolysis using renewable electricity – is a key enabler to economy-wide decarbonization. Once produced, hydrogen can be stored as a liquid or a gas and transported. As an alternative to fossil fuels, hydrogen is a viable zero-emissions solution for some of the world’s most energy intensive and hardest-to-abate sectors, such as heavy-duty commercial transportation, manufacturing, industrial processes and chemical production.

“By increasing our ability to meet demand for hydrogen generation technology, this facility will help accelerate the global clean energy transition and the role of hydrogen as a viable alternative energy source in Europe,” said Alexey Ustinov, Vice President of Electrolyzers at Cummins. “Cummins is committed to helping the European Union produce more hydrogen domestically, reducing dependence on fossil fuels and securing a sustainable future.”

Cummins has a long history of advanced technology and engineering capabilities and innovates across a broad portfolio of market-leading renewable hydrogen technologies. It has been part of many of the world’s hydrogen “firsts,” including powering the world’s largest PEM electrolyzer in operation at 20MW in Bécancour, Canada; the world’s first megawatt-scale demonstration plant for storing wind energy in the natural gas grid in Windgas Falkenhagen, Germany; the world’s first 100% hydrogen-powered passenger train fleet in Lower Saxony, Germany; and the world’s first hydrogen refueling station for ships, cars, trucks and industrial customers in Antwerp, Belgium.

About Cummins

Cummins Inc., a global power technology leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from internal combustion, electric and hybrid integrated power solutions and components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, microgrid controls, batteries, electrolyzers and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24 billion in 2021.

Cummins Inc.
Jon Mills – Director External Communications
001 317-658-4540
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HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (NYSE:OII) announces that its Subsea Robotics segment won multiple contracts during the third quarter of 2022, with anticipated aggregate revenue of $300 million. These contracts are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and vessels for subsea equipment support, subsea intervention and construction. Also included among the contracted work scopes are ROV tooling, survey, positioning and autonomous underwater vehicle (AUV) services.

These service contracts are with international energy operators and marine construction companies, and range in duration from several months to five years. Additionally, some contracts contain option periods that, if exercised, would increase both the duration and overall value of the contracts. The contracts cover globally diverse regions and reflect significant contract wins in South America, the North Sea and West Africa.

Rod Larson, President and Chief Executive Officer, stated, “This volume of orders reinforces our outlook for strong offshore demand over the next several years. Offshore’s resurgence indicates the global significance and operators’ awareness of energy security issues and the need for dependable forms of energy during the lengthy energy-transition process. We continue to maintain our position as a market leader in the provision of global subsea services as our offshore robotics resources, coupled with an increasing capacity to work remotely with less on-site intervention, enhance job safety, reduce environmental impacts and bring cost efficiencies to our customers.”

Statements in this press release that express a belief, expectation or intention, as well as those that are not historical fact, are forward-looking. The forward-looking statements in this press release include the statements concerning Oceaneering’s: anticipated aggregate revenue; duration and potential value of its contracts; outlook for offshore demand; characterization of its position as a market leader in the provision of global subsea services; and characterization of potential benefits from its offshore robotics resources, coupled with an increasing capacity to work remotely with less on-site intervention. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on current information and expectations of Oceaneering that involve a number of risks, uncertainties, and assumptions, including risks and uncertainties related to counterparty performance under contracts and market conditions and other economic factors affecting Oceaneering’s business. Should one or more of these risks or uncertainties materialize or should the assumptions underlying the forward-looking statements prove incorrect, actual outcomes could vary materially from those indicated. These and other risks are more fully described in Oceaneering’s latest annual report on Form 10-K and its other periodic filings with the Securities and Exchange Commission.

Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. Through the use of its applied technology expertise, Oceaneering also serves the defense, aerospace, entertainment, and mobile robotics industries.

For more information on Oceaneering, please visit www.oceaneering.com.

Mark Peterson
Vice President, Corporate Development and Investor Relations
Oceaneering International, Inc.
713-329-4507
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Leading Electric Utilities Use GIS Technology to Map Future Infrastructure

REDLANDS, Calif.--(BUSINESS WIRE)--As the US prepares to dramatically expand its network of charging stations for electric vehicles (EVs) and update power grids to meet growing demand, planners in many jurisdictions are drafting strategies to capture some of the $5 billion slated to help states pay for charging stations under President Joseph Biden's Infrastructure Investment and Jobs Act.

To support this effort, Esri, the global leader in location intelligence, is cosponsoring an EV road trip with Zpryme, an energy utility research company. The trip, taking place October 17–21 and spanning more than 400 miles across the state of California, is intended to call attention to the need to modernize America's power grids and build more charging stations in order to reduce reliance on fossil fuels that contribute to climate change.

Along the route from Sacramento to Esri's Redlands headquarters, Zpryme's researchers will visit some of California's leading power companies. During those stops, the researchers will learn about plans being developed to increase power grid capacity to produce more electricity for EVs.

Many power companies already rely on Esri's geographic information system (GIS) software to create dynamic, data-driven interactive maps and dashboards for planning and forecasting, design, and collaboration.

"Geospatial technology is already a fundamental part of how many utility companies operate, so it will be a critical tool in scaling up the nation's EV infrastructure," said Matt Piper, Esri's global director for industry solutions. "GIS can integrate data about a community's demographics, traffic counts, and existing charging stations—this information can be linked to a location and overlaid on a digital map that can be updated and shared as plans change and evolve."

EV owners often have range anxiety, the fear of not finding enough charging stations to complete a journey. This can be a concern for many consumers and slow their transition to the technology. Utilities and planners can use GIS to identify and address gaps in a municipal network of charging stations, predict future demand, and address concerns about equity in station distribution.

"Utility companies are navigating an environment of regulatory shifts and changing consumer behavior and, as a result, are making decisions about the evolution of their business models," said Jason Rodriguez, CEO of Zpryme. "Modernization is necessary to meet these future expectations and to become more resilient in this era where we must find solutions to address the effects of climate change."

All 50 US states, the District of Columbia, and Puerto Rico have submitted EV infrastructure deployment plans, as required under the National Electric Vehicle Infrastructure (NEVI) Formula Program. These plans are required in order to receive support from the first round of $5 billion funding expected over the next five years.

States must ensure that their networks are user-friendly, reliable, and accessible to all Americans and comply with Federal Highway Administration (FHA) standards. GIS technology provides cutting-edge capabilities for collecting and analyzing data to meet these FHA standards, as well as an equity index tool for identifying priority populations and gaps in service.

Learn more about how utilities can use GIS to map future EV charging infrastructure.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.

Copyright © 2022 Esri. All rights reserved. Esri, the Esri globe logo, ArcGIS, The Science of Where, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.

Jo Ann Pruchniewski
Public Relations, Esri
Mobile: 301-693-2643
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MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) invites you to participate in a conference call with its management team on Thursday, October 27, 2022 at 5:00PM Eastern Time to discuss the Company’s third quarter results, as well as certain forward-looking information. The Company plans to release its third quarter results after the market closes on the same date.

To listen to the conference call by phone, participants must pre-register at the Company's website at: https://ir.wfscorp.com/events. All registrants will receive dial-in information and a PIN allowing access to the live conference call.

The conference call will also be available via live webcast. The live webcast may be accessed by visiting the Company’s website at https://ir.wfscorp.com/events. An archive of the webcast will be available on the Company’s website two hours after the completion of the live call and will remain available until November 10, 2022.

About World Fuel Services Corporation

Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services also offers natural gas and electricity, as well as energy advisory services, including programs for sustainability solutions and renewable energy alternatives. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.

For more information, visit www.wfscorp.com.

Ira M. Birns
Executive Vice President & Chief Financial Officer
or
Glenn Klevitz, Vice President, Treasurer & Investor Relations
(305) 428-8000
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Presentation on Tuesday, October 25 at 10:30 a.m. PT

LOS ANGELES--(BUSINESS WIRE)--$CGRN #Biogas--Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, will be presenting at the 15^th annual LD Micro Invitational on Tuesday, October 25 at 10:30 a.m. PT (1:30 p.m. ET) at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Darren Jamison, President and Chief Executive Officer will be giving the presentation.

"15 years ago, we set out to create an event that could benefit our entire industry. It wasn't fast or easy, but we were honorable in our dealings, and worked our tails off to ensure a wonderful time for everyone involved. Today, our community could not be larger, stronger, and more united, as we go through these difficult and turbulent times together. The Main Event is about learning, connecting, and enjoying each other, and it is a hell of a lot more fun than sitting next to your computer," stated Chris Lahiji, Founder of LD Micro.

“Capstone’s growing Energy as a Service business is a story investors need to know. We are seeing interest and orders across industries from new and repeat customers. Coupled with the anticipated opportunities created by the new U.S. Inflation Reduction Act (IRA), it’s a great time for investors to learn more about Capstone,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “We enjoy participating in LD Micro Main Events each year, not just because it’s held in our backyard here in Los Angeles, but because it’s a well-coordinated and well-attended event. I look forward to presenting as well as having the opportunity to sit down with interested investors to discuss Capstone Green Energy’s business.”

Event: LD Micro Main Event XV

Date: Tuesday, October 25

Time: 10:30 a.m. PT in TRACK1

Register to watch the virtual presentation here.

Darren Jamison, Capstone’s President & Chief Executive Officer, and Scott Robinson, Capstone’s Interim Chief Financial Officer, will be conducting one-on-one meetings with qualified professional investors throughout the conference day on October 25. To register and schedule a time with management, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

Supporting presentation materials will be available on the conference day by visiting the Investor Relations section of the company’s website at www.capstonegreenenergy.com.

Summary of LD Micro Main Event XV

The 2022 LD Micro Main Event XV will be held at the Luxe Sunset Boulevard Hotel in Los Angeles from October 25 to 27.

The festivities will run from 7:30 a.m. PT - 5:30 p.m. PT on the 25th and 26th, with a half day on Thursday the 27^th.

This three-day, investor conference is expected to feature around 200+ companies, presenting in half-hour increments, as well as private meetings.

For more info, please contact Mr. Dean "The Dream" Summers. This email address is being protected from spambots. You need JavaScript enabled to view it.

About LD Micro (NASDAQ: SRAX)

LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events on an annual basis, LD's sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. http://www.ldmicro.com

About Capstone Green Energy

Capstone Green Energy (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

To date, Capstone has shipped over 10,000 units to 83 countries and estimates that in FY22, it saved customers over $213 million in annual energy costs and approximately 388,000 tons of carbon. Total savings over the last four years are estimated to be approximately $911 million in energy savings and approximately 1,503,100 tons of carbon savings.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: This email address is being protected from spambots. You need JavaScript enabled to view it..

For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
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Flaring and venting solutions recognized for supporting transition to net zero

HOUSTON--(BUSINESS WIRE)--$XPRO #XPRO--Expro (NYSE: XPRO) has been awarded funding for two carbon-reduction projects as part of an innovation program to accelerate clean energy production and close the gap in net zero technologies.

The Aberdeen-based Net Zero Technology Centre (NZTC) has awarded a total of £8 million to fund net zero technologies as part of their 2022 Open Innovation Program. The 20 winning technologies were selected from 154 qualified entries and fall into seven focus areas. The technologies faced a rigorous selection process, ensuring each supports the transition towards net zero, with an obligation of trialing and deploying the technology within the UK Continental Shelf.

Expro secured both projects awarded in the Venting and Flaring category.

Expro’s two winning projects focus on:

• real-time flare emissions measurement and control
• a unique technological solution to enable well testing to be conducted without the need for flaring

These showcase Expro’s commitment to continuously evolve its portfolio of technologies and services to drive the shift to net zero. Both projects build on the company’s existing capabilities to promote more measured and efficient means of flaring, and to offer alternatives to traditional flaring, in support of operators’ carbon-reducing commitments.

The NZTC believes the 20 successful technology projects will deliver £7.8bn Gross Value Added along with an impact of 3.1Mt CO₂e annually.

Expro’s Chief Technology Officer Steve Russell said: “We are delighted to receive the recognition and funding in this program to help further develop these technological solutions that will play a part in accelerating the industry’s journey to net zero.

“Technology is a critical component in energy transition progression, as are collaboration and partnership to achieve our collective goals. We are committed to addressing our own and the industry’s effects on the planet, and this includes working with clients around the world to develop and implement solutions to reduce emissions from non-essential flaring.”

Recent case studies demonstrating this approach include:

• Expro recently supported a customer in the Middle East to reduce gas flaring and optimize production at 10 production sites. Expro undertook a detailed study to find an economic alternative to flaring. The solution was to use gas to power compressors, which were delivered, installed, and commissioned within 32 weeks. The fast-track project was estimated to reduce greenhouse gas (GHG) emissions by up to 10,000 tonnes of CO₂e per day. Using the compressors also reduced operational expenditure while optimizing production and extending field life.

• In Asia Pacific, Expro supported a client by executing a two-well clean up with zero flaring of hydrocarbons. The campaign was part of a greater objective to reduce GHGs and wasteful flaring during well operations. Expro designed and delivered a well test process that saved an estimated 4,000 tonnes of CO₂e emissions during clean-up operations.

Discover more at Sustainable Energy Solutions (expro.com)

NOTES TO EDITORS:

About Expro

Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company believes to be best-in-class safety and service quality. The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.

With roots dating to 1938, Expro has approximately 7,200 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in approximately 60 countries.

For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the Company’s environmental, social and governance goals, targets and initiatives, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise.

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AMHERST, N.Y.--(BUSINESS WIRE)--#AI--Amidst a global move towards renewable energy sources, decarbonization and net zero emissions, EtaPRO LLC, a Toshiba Group Company, has installed its asset condition and monitoring solution at Indonesia’s PT Geo Dipa Energi (Persero) (GDE) geothermal power plant*1 through a contract with Toshiba Asia Pacific Indonesia.*2 EtaPRO uses IoT and AI technologies, including predictive failure diagnosis and performance monitoring, to optimize GDE’s plant performance.

This service represents a commercial version of what has been implemented as a NEDO (New Energy and Industrial Technology Development Organization) demonstration project for this power plant in October 2019.*3 The demonstration project verified the effectiveness of the company's EtaPRO® IoT-based predictive failure diagnosis technology.

The EtaPRO business was acquired by Toshiba America Energy Systems Corporation^*4 last year to enhance its global servicing and maintenance solutions for turbines and equipment with EtaPRO’s digital asset performance management technology. This combination of steam turbine equipment and digital technology has borne significant results with GDE. Toshiba has delivered more than 60 geothermal turbines in 25 countries since 1966. Geothermal power generation is considered a key approach to achieving carbon neutrality.

EtaPRO’s asset performance and condition monitoring software has revolutionized the power generation industry by detecting small changes in equipment performance and vibration—early warning signs of larger problems. EtaPRO allows operators to fix issues before they become equipment failures, reducing downtime and outages. Additionally, EtaPRO’s solutions allow users to optimize plant performance. Installed in thermal, wind, solar, gas, and geothermal plants around the world, EtaPRO detects anomalies in:

• Thermal performance and efficiency
• Equipment condition
• Vibration system monitoring

EtaPRO also helps energy providers with a mix of generation types and as they transition from one energy source to another. The same software that monitors coal-fired plants also monitors solar, wind, and other renewable energy types, providing unparalleled, standardized, and customized capabilities across the world’s energy systems. EtaPRO is used in over 60 countries on assets producing 700 GW of power.

The system served to GDE is distinguished technologically by its use of EtaPRO’s AI to analyze real-time power plant operation data obtained from various sensors and detect signs of anomalies that may cause problems during normal operation. In doing so, it reduces the number and duration of power plant shutdowns. A demonstration project conducted by NEDO showed that it was able to reduce the rate at which problems occurred by over 20%. Another significant feature is the ability to detect signs of anomalies under conditions specific to geothermal power plants such as the unstable condition of the steam flowing into the turbine.

In Indonesia, the total installed power generating capacity was approximately 62 GW as of 2020, with coal-fired power generation accounting for about half of this total. Meanwhile, in accordance with the Paris Agreement, the Indonesian government has pledged to reduce greenhouse gas emissions by 29% by 2030. Electricity Business Plan (RUPTL) says geothermal power generation will account for about 3.4 GW (about 8%) of the 40.6 GW of power generation capacity to be added by 2030.*5 Toshiba Energy Systems & Solutions Corporation, (Toshiba ESS), has delivered equipment to several geothermal power plants in Indonesia. It will be proactive in proposing the IoT solutions that enable optimal operation that will help to solve issues faced by individual current and future customers.

By deploying this service worldwide, Toshiba supports the global move to more renewable forms of energy by enabling optimal efficiency at plants of every type and energy mix. With EtaPRO, plant operators can reduce the customer’s cost of power generation by helping improve power plants’ utilization rates, thereby promoting the spread of geothermal power generation and helping to achieve carbon neutrality.

*1: A group of geothermal power plants operated and managed by GDE, Indonesia’s state-owned geothermal power company. The project began operation in 2014, and has a rated output of 60,000 kW.

*2: Toshiba Asia Pacific Indonesia is an Indonesian subsidiary of Toshiba Energy Systems & Solutions Corporation (Toshiba ESS).

*3: NEDO (New Energy and industrial Technology Development Organization’s) technology development project for advanced application of geothermal energy.

https://www.global.toshiba/ww/news/energy/2019/10/news-20191023-01.html
https://www.nedo.go.jp/english/introducing/introducing_index.html
https://www.nedo.go.jp/activities/ZZJP_100066.html (Only in Japanese)

* 4: Toshiba America Energy Systems Corporation is an affiliate of Toshiba ESS.

* 5: From the Electricity Business Plan (RUPTL) for 2021–2030

https://www.oecd.org/environment/cc/cefim/indonesia/RUPTL-2021-30-PLN-steps-up-ambitions-to-accelerate-clean-energy-investments-in-Indonesia.pdf

Media contact:
Laura Baumann
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Gecko Robotics and Siemens Energy’s ultrasonic technology-based robotic inspections will transform the future of infrastructure inspections and maintenance.

ROTTERDAM, Netherlands & PITTSBURGH--(BUSINESS WIRE)--#AdvancedRobotics--Gecko Robotics, a leader in using advanced robotics and enterprise software to help ensure the availability, reliability and sustainability of critical infrastructure, today announced a three-year collaboration with Siemens Energy’s European Field Service organization to market and perform advanced ultrasonic robotic inspections services across Europe.

These advanced robotic inspections are poised to strengthen critical infrastructure and transform how installed equipment is inspected and maintained. Together, the two companies will develop new technologies and services to better serve customers across several industries, including pulp & paper, power generation (conventional and renewable) and oil & gas.

"Over the past year, we've worked closely with experts from Siemens Energy to understand the value and impact that the collaboration of our companies can create for the European energy market,” noted Ryan Herman, Gecko’s Managing Director, Europe. “It’s become clear that by coming together to serve these customers we can unlock new data insights and help achieve reliability and efficiency not previously possible.”

Ultrasonic Robots Will Bring Unparalleled Advantages to European Customers

Siemens Energy’s European Field Service organization and Gecko Robotics have already completed inspections across Europe in Poland (pulp/paper), Belgium (waste to energy), the Netherlands (food processing) and the UK (power generation). In support of the collaboration, Siemens Energy has established a new Product Competence Center in the Netherlands, with expansion plans underway.

"The collaboration between Gecko Robotics and Siemens Energy brings the best of both worlds together to deliver end-to-end value for our customers. With one of the industry’s largest installed fleets of rotating equipment, Siemens Energy will provide unparalleled customer access to bring proven robotics technology to its wide customer base,” according to Herman Smit, Manager Robotic Inspections at Siemens Energy. “The robotic inspection system will not only ensure safe and reliable operations of customer assets but also provide rich multi-modal data to make condition-based maintenance of static equipment much more feasible."

Gecko Robotics’ robots are remote controlled and equipped with ultrasonic transducers, localization sensors, lasers and HD cameras. They climb vertically and horizontally, adhering magnetically to an extensive range of equipment types to scan for changes in thickness, cracks, corrosion, blistering and other forms of degradation. The robots also include localization technology to pinpoint exact locations on an asset, allowing for truly accurate inspections that enable inspectors to examine corrosion trends over time, predict when failures will occur and estimate when repairs will be necessary.

Data captured by Gecko’s robots and its software platform can then produce a validated report within 24 hours, allowing inspectors to quickly assess and make informed decisions about ongoing maintenance or repairs. This process and quick turnaround also enable inspectors to reduce asset downtime and lost production, while ensuring critical repairs are conducted with high confidence.

By aligning with Siemens Energy’s European Field Service organization, Gecko gains a local presence across Europe, access to local technical talent and the opportunity to work with customers in the region. Siemens Energy will be responsible for hiring and training local technicians and customer service personnel across Europe, allowing Gecko Robotics to efficiently deliver state-of-the-art technology, while adhering to all local safety and labor regulations.

About Gecko Robotics:

Gecko builds wall-climbing robots and enterprise software to protect the infrastructure of daily life. At a time of massive disruptions and surging demand, Gecko’s technology is helping to maximize the productivity, reliability and longevity of the assets that underpin essential industries including power generation, oil & gas refining, heavy manufacturing, transportation and more. Gecko’s robots capture data at orders of magnitude greater scale and fidelity than traditional, manual inspection methods. Combined with Gecko’s software, this data magnifies the contributions of human experts while eliminating the need to enter dangerous areas themselves. This results in optimized maintenance, greater uptime, informed CAPEX investment, significant cost savings, lower environmental footprints and fewer workplace injuries. www.geckorobotics.com

Carmen Mantalas
GMK Communications for Gecko Robotics
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Seventh-annual “State of the Cannabis Lighting Market” report produced by Cannabis Business Times highlights domination of LEDs in cannabis grows

AUSTIN, Texas--(BUSINESS WIRE)--Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, today announced the release of the seventh-annual “State of the Cannabis Lighting Market” report produced by Cannabis Business Times, a national publication dedicated to the ongoing advancement of legal cannabis cultivators.

Results from the 2022 report demonstrate the increasing usage of LED lighting technology across all growth stages of cannabis cultivation. For the first time ever, at least 70% of study participants from commercial indoor or greenhouse operations with supplemental lighting used LEDs in cannabis propagation, vegetation and/or flowering stages. The report also demonstrates an increase in LED usage by more than 50 percentage points since the study’s first year in 2016.

These impressive findings emerge against the background of the industry facing a complex set of headwinds, including supply chain shortages, a rise in capital improvement costs, a cannabis surplus in North America and increasing inflation rates.

“The pioneering spirit and relentless pursuit of excellence that cannabis growers have always brought to the industry has never been more apparent,” said David Cohen, CEO of Fluence. “This year’s report combined with Fluence’s own industry-leading research continue to affirm the important role of LED lighting in achieving even more efficient and productive economies of scale.”

The report provides a holistic view into the connection between lighting solutions and plant growth across all stages—propagation, vegetation and flowering. Key findings from the report, which helps accelerate the success of plant-touching companies in the legal cannabis industry with actionable intelligence in all aspects of the business, include:

• 83% of participants list energy efficiency as the top benefit of using LED lighting.
• 46% of participants considering implementing or retrofitting with LEDs cite lower power usage as the top purchasing driver.
• 53% of participants named “light intensity” the top factor driving their light purchasing decisions for flowering—up 13 percentage points from last year.
• 47% of growers cite the importance of fixture-dimming capabilities and allowing for greater lighting flexibility, up from 36% in 2021.
• Among study participants representing non-LED-powered operations, 30% plan to add LEDs for flowering within the next 12 months.
• 51% of growers are interested in exploring side, intercanopy, subcanopy or other lighting in addition to top lighting.

“In 2016, when Cannabis Business Times first launched the ‘State of the Cannabis Lighting Market’ report in partnership with Fluence, eight states had legalized cannabis for adult-use consumption,” said Michelle Simakis, editor-in-chief of Cannabis Business Times. “Seven years later, there are 19 states that have legalized adult-use cannabis, and more states with medical programs than without. The industry has evolved greatly during that short time. The ‘State of the Cannabis Lighting Market’ report, using independent, third-party research, has captured how cultivation lighting strategies have changed to meet growing and new markets, and offers comparative data and insights into key studies with a window into not only what’s happening in growing facilities now but what’s next in lighting.”

The 2022 “State of the Cannabis Lighting Market” study was conducted by Readex Research. Participants included North American cannabis cultivators. View the full report on Fluence’s website or in Cannabis Business Times’ October issue.

For more information on Fluence, visit www.fluence.science.

About Fluence

Fluence Bioengineering, Inc. (Fluence) creates powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market and is committed to enabling more efficient crop production with the world’s top vertical farms and greenhouse produce growers. Fluence global headquarters are in Austin, Texas, with its EMEA headquarters in Rotterdam, Netherlands. Fluence operates as a business unit within Signify’s Digital Solutions division. For more information about Fluence, visit www.fluence.science.

Nichole Hazard
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512-960-7656

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2022 operational and financial results after the close of trading on Tuesday, October 25, 2022. Management will also host a live conference call on Wednesday, October 26, 2022 at 9:00 a.m. Central Time to review third quarter 2022 financial results and operational highlights.

To access the live conference call by phone, you can use the following link https://register.vevent.com/register/BIfe50f2205466458585c54e9b056b55c3 and you will be provided with dial in details. To avoid delays, it is recommended that participants dial into the conference call fifteen minutes ahead of the scheduled start time.

The live conference call will also be available through the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab for one year.

About Matador Resources Company

Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.

For more information, visit Matador Resources Company at www.matadorresources.com.

Mac Schmitz
Vice President – Investor Relations
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(972) 371-5225

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) today announced the implementation of the Halliburton Digital Well Program^® and Digital Well Operation DecisionSpace® 365 cloud solutions as the foundation for PETRONAS enterprise digital Well Integrated Operation (WIO). The selection marks the culmination of a two-year technology assessment with multiple technology providers.

The Halliburton Digital Well Program empowers drilling teams to generate technically and economically feasible notional drilling programs in a matter of hours. The first part of WIO will focus on integrating the front-end engineering workflows, which will address the current working challenges and increase process cycle efficiency. It provides engineers with a web-based, interactive, standardized, and automated solution that integrates all relevant information on a single platform to ensure optimal well design without compromising any existing technical assurance processes.

The Halliburton Digital Well Program and Digital Well Operation solutions enables a comprehensive overview from project inception of well planning and development to well delivery. These solutions encompass well program tasks for each stage, in which the result is a unified environment across all types of engineering and operational workflows that enables the business to implement engineering policies and procedures across the technical organization. Any amendments made at any stage of the processes will be reflected across the organization automatically.

“Digital Well Program, Digital Well Operations and other innovative technologies enable a single pre-integrated platform for drilling engineers to optimize well delivery as well as planning and drilling operation execution,” said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions and Consulting.

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 45,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Halliburton
For Investors:
David Coleman
Investor Relations
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281-871-2688

For News Media:
Andrew Knotts
External Affairs
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281-871-2601

Li-Cycle’s fourth Spoke recycling facility in North America has capacity to process up to 10,000 tonnes of manufacturing scrap and end-of-life batteries per year

The Spoke can recycle the equivalent of batteries required for approximately 20,000 EVs per year and has the ability to directly process full EV battery packs

TORONTO--(BUSINESS WIRE)--Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that its Alabama Spoke located in Tuscaloosa, Alabama has started commercial operations.

The Alabama Spoke utilizes Li-Cycle’s patented and environmentally friendly technology to recycle and directly process full EV battery packs without any dismantling through a submerged shredding process that produces no wastewater. Additionally, Li-Cycle’s full pack processing capability improves efficiency and is fit to process the growing variety of EV battery architectures, including cell-to-pack formats that have limited options for dismantling, which further differentiates the Company’s value proposition.

The Alabama Spoke is strategically located to support the recycling needs of the Company’s growing battery supply customer base in the southeastern U.S. region. The development of the EV supply chain in the region continues to accelerate as battery and automotive manufacturers establish operations. This growth is expected to continue to produce a significant amount of battery production scrap and end-of life batteries that will require recycling.

"Li-Cycle's new battery recycling facility in Tuscaloosa adds a dynamic new dimension to Alabama's evolving auto industry," Alabama Governor Kay Ivey said. "This facility will play an important role in the lifecycle of batteries powering electric vehicles by contributing an innovative sustainability solution."

“We are excited to announce that our Alabama Spoke has commenced operations,” said Ajay Kochhar, co-founder and CEO of Li-Cycle. “This facility enhances our ability to support the recycling needs of our diverse and growing customer base in North America to ensure lithium-ion battery material is recycled in an environmentally friendly and safe manner. Li-Cycle is creating an essential domestic supply of recycled material to support EV production and assist automakers in meeting their domestic production content requirements.”

Li-Cycle’s Alabama Spoke is more than 100,000 square feet in size, with an additional approximately 120,000 square feet in warehousing capacity. The facility is of the same design as the Company’s Spoke in Arizona, which opened earlier this year and is currently operating near target throughput. The Alabama Spoke has created approximately 45 new jobs and will leverage the key process improvements and optimization projects implemented in Arizona to benefit operations. The Alabama Spoke has a total input processing capacity of 10,000 tonnes of lithium-ion battery materials per year, and has the flexibility to expand processing capacity in the future.

Across its four operating Spokes in North America, Li-Cycle now has a total input processing capacity of 30,000 tonnes per year, or the equivalent of batteries from approximately 60,000 EVs. The four operating Spokes, which are located in Kingston, Ontario; Rochester, New York; Gilbert, Arizona; and Tuscaloosa, Alabama, ensure the Company has an established footprint in key strategic regions to maintain its first-mover advantage in the industry.

By the end of 2023, the Company expects to have a total of 65,000 tonnes per year of lithium-ion battery material processing capacity across its Spoke network in North America and Europe.

The primary output product of Li-Cycle’s Spokes is black mass, consisting of highly valuable critical metals, including lithium, cobalt and nickel, which the Company will convert into battery-grade materials at its first commercial North American Hub facility. The Hub facility is under construction in Rochester, NY and Li-Cycle expects that it will be capable of processing 35,000 tonnes of black mass annually, with battery materials equivalent to approximately 225,000 EVs. Li-Cycle is targeting to commence commissioning the Rochester Hub in calendar 2023. The Rochester Hub is expected to be the first commercial hydrometallurgical battery resource recovery facility and the first source of recycled battery-grade lithium carbonate production in North America. The Rochester Hub is expected to position the Company as a leading domestic supplier of battery-grade materials.

About Li-Cycle Holdings Corp.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries, and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.

Forward-Looking Statements
Certain statements contained in this press release may be considered “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as “believe”, “may”, “will”, “continue”, “anticipate”, “intend”, “expect”, “should”, “would”, “could”, “plan”, “potential”, “future”, “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include but are not limited to statements about: the expected performance of the Alabama Spoke; the growth of the Company’s battery supply customer base and the accelerating development of the EV supply chain in the southeastern United States; the expectation that battery production scrap and end-of-life batteries will continue to be produced in that region and require recycling; the Alabama Spoke’s expected role in the lifecycle of batteries powering EVs and its contribution as a sustainability solution; the ability of the Alabama facility to leverage and benefit from process improvements and optimization projects implemented at the Arizona Spoke; the expectation that the Company can maintain its first mover advantage in the industry; the expected total processing capacity of the Company’s North American and European Spoke facilities by the end of 2023; the expected future conversion of black mass into battery-grade materials at the Company’s Hub facility under construction in Rochester, NY; the expected annual black mass processing capacity at the Rochester Hub; the expected timing of the Rochester Hub’s commissioning; expectations that the Hub will be the first commercial hydrometallurgical battery resource recovery facility and the first source of recycled battery-grade lithium carbonate production in North America; and the Company’s expectation that the Rochester Hub will position the Company as a leading domestic supplier of battery-grade materials. These statements are based on various assumptions, whether or not identified in this communication, made by Li-Cycle management, including but not limited to assumptions regarding the timing, scope and cost of Li-Cycle’s projects; the processing capacity and production of Li-Cycle’s facilities; Li-Cycle’s ability to source feedstock and manage supply chain risk; Li-Cycle’s ability to increase recycling capacity and efficiency; Li-Cycle’s ability to obtain financing on acceptable terms; Li-Cycle’s ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners; general economic conditions; currency exchange and interest rates; compensation costs; and inflation. There can be no assurance that such assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Li-Cycle and are not guarantees of future performance. Li-Cycle believes that these risks and uncertainties include, but are not limited to, the following: Li-Cycle’s inability to economically and efficiently source, recover and recycle lithium-ion batteries and lithium-ion battery manufacturing scrap, as well as third party black mass, and to meet the market demand for an environmentally sound, closed-loop solution for manufacturing waste and end-of-life lithium-ion batteries; Li-Cycle’s inability to successfully implement its global growth strategy, on a timely basis or at all; Li-Cycle’s inability to manage future global growth effectively; Li-Cycle’s inability to develop the Rochester Hub, Arizona Spoke, Alabama Spoke and other future projects including its Ohio, Norway and Germany Spoke projects in a timely manner or on budget or that those projects will not meet expectations with respect to their productivity or the specifications of their end products; Li-Cycle’s failure to materially increase recycling capacity and efficiency; Li-Cycle may engage in strategic transactions, including acquisitions, that could disrupt its business, cause dilution to its shareholders, reduce its financial resources, result in incurrence of debt, or prove not to be successful; one or more of Li-Cycle’s current or future facilities becoming inoperative, capacity constrained or if its operations are disrupted; additional funds required to meet Li-Cycle’s capital requirements in the future not being available to Li-Cycle on commercially reasonable terms or at all when it needs them; Li-Cycle expects to incur significant expenses and may not achieve or sustain profitability; problems with the handling of lithium-ion battery cells that result in less usage of lithium-ion batteries or affect Li-Cycle’s operations; Li-Cycle’s inability to maintain and increase feedstock supply commitments as well as securing new customers and off-take agreements; a decline in the adoption rate of EVs, or a decline in the support by governments for “green” energy technologies; decreases in benchmark prices for the metals contained in Li-Cycle’s products; changes in the volume or composition of feedstock materials processed at Li-Cycle’s facilities; the development of an alternative chemical make-up of lithium-ion batteries or battery alternatives; Li-Cycle’s revenues for the Rochester Hub are derived significantly from a single customer; Li-Cycle’s insurance may not cover all liabilities and damages; Li-Cycle’s heavy reliance on the experience and expertise of its management; Li-Cycle’s reliance on third-party consultants for its regulatory compliance; Li-Cycle’s inability to complete its recycling processes as quickly as customers may require; Li-Cycle’s inability to compete successfully; increases in income tax rates, changes in income tax laws or disagreements with tax authorities; significant variance in Li-Cycle’s operating and financial results from period to period due to fluctuations in its operating costs and other factors; fluctuations in foreign currency exchange rates which could result in declines in reported sales and net earnings; unfavourable economic conditions, such as consequences of the global COVID-19 pandemic; natural disasters, unusually adverse weather, epidemic or pandemic outbreaks, cyber incidents, boycotts and geo-political events; failure to protect or enforce Li-Cycle’s intellectual property; Li-Cycle may be subject to intellectual property rights claims by third parties; Li-Cycle’s failure to effectively remediate the material weaknesses in its internal control over financial reporting that it has identified or if it fails to develop and maintain a proper and effective internal control over financial reporting.

These and other risks and uncertainties related to Li-Cycle’s business and the assumptions on which the forward-looking information is based are described in greater detail in the sections entitled "Risk Factors" and “Key Factors Affecting Li-Cycle’s Performance” in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission and the Ontario Securities Commission in Canada on January 31, 2022.

Li-Cycle assumes no obligation to update or revise any forward-looking statements, except as required by applicable laws. These forward-looking statements should not be relied upon as representing Li-Cycle’s assessments as of any date subsequent to the date of this press release.

Investor Relations
Nahla A. Azmy
Sheldon D’souza
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This free virtual event will be presented live online, featuring keynotes from Ari Matusiak, CEO of Rewiring America as well as Bill Parsons, VP for Federal and State Affairs at American Clean Power

Empower is where the solar community gathers to get inspired by innovations, ideas, and technologies, moving the industry into the digital future. All 15-minute sessions will be available on-demand and qualify attendees for up to four NABCEP CEU credits

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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.

Karen DeVincent-Reinbold
PR & communications director
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