HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) announced today that it will redeem the entire outstanding principal amount of its 3.25% Senior Notes due 2021 (the “Notes”). The redemption date for the Notes is August 15, 2021. The aggregate principal amount of the Notes outstanding is $500 million. The redemption price for the Notes will consist of 100% of the principal amount of the Notes outstanding, plus accrued and unpaid interest on the Notes, if any, up to, but excluding, the redemption date. Halliburton plans to use cash on hand to fund the redemption of the Notes.
A notice of redemption is being sent to all currently registered holders of the Notes by the Trustee, The Bank of New York Mellon Trust Company, N.A.
This press release is not an offer to sell or a solicitation of an offer to buy any securities.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements that involve risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements in this press release are discussed in our Annual Report on Form 10-K for the year ended December 31, 2020. Halliburton undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
ABOUT HALLIBURTON
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 40,000 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.
For Investors:
Abu Zeya
Investor Relations
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281-871-2688
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External Affairs
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281-871-2601
Arcimoto will debut the first production Roadster, showcase advanced technology demonstrations, and host test drives on the historic raceway.
The Summer Showcase is open to Arcimoto shareholders, media, analysts, owners, enthusiasts, planet-lovers, and pre-order customers by request.
EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, today reminded investors they are invited to attend the 2021 FUV and Friends Summer Showcase at the Portland International Raceway on July 26. The Summer Showcase will be open to Arcimoto shareholders, media, analysts, owners, and pre-order customers by request. To request a ticket, send an email to This email address is being protected from spambots. You need JavaScript enabled to view it..
“This is a red alert for not only our investors, but for all life on earth: the climate is in trouble, and it’s up to all of us to come together to solve the existential threat of our time,” said Mark Frohnmayer, Arcimoto Founder and CEO. “We welcome you to join us at PIR to experience our EVs on Oregon’s iconic raceway, and to learn more about a shared vision for the future of equitable, ubiquitous, rightsized transportation. We have huge problems to solve, but no one ever said solving them shouldn’t be incredibly fun.”
Arcimoto plans to debut the Roadster, designed to be the ultimate electric on-road fun machine, and the newest EV to be built on the modular Arcimoto Platform. The company will also outline its vision for shared, rightsized electric vehicles, followed by live technology demonstrations. FUVs and Tilting Motor Works trikes will be available to ride on the historic raceway.
For the latest company updates, follow Arcimoto on YouTube, Facebook, Instagram, Twitter, and LinkedIn. A replay of the Company’s latest quarterly earnings webinar can be viewed here. For more information, visit Arcimoto.com.
About Arcimoto, Inc.
Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world shift to a sustainable transportation system. Now available to preorder customers in California, Oregon, Washington, and Florida, the Arcimoto FUV® is purpose-built for everyday driving, transforming ordinary trips into pure-electric joyrides. Available for preorder, the Deliverator® and Rapid Responder™ provide last-mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Two additional concept prototypes built on the versatile Arcimoto platform are currently in development: the Cameo™, aimed at the film and influencer industry; and the Roadster, designed to be the ultimate on-road fun machine. Every Arcimoto vehicle is built at the Arcimoto Manufacturing Plant in Eugene, Oregon. For more information, please visit Arcimoto.com.
Safe Harbor / Forward-Looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict and include, without limitation, our expectations as to vehicle deliveries, the establishment of our service and delivery network and our expected rate of production. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.
Public Relations Contact:
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(651) 785-3212
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LAHTI, Finland--(BUSINESS WIRE)--#AnttiKemppi--Kemppi Group Oy, the owner of Kempower Oy, acquires a business property managed by S-Bank Properties, including 10 300 m2 of factory space. The new facility will enable Kempower to scale up production by approximately 500% compared to its current capacity. Kempower will gradually ramp up production in 2021-2022.
Kempower, a leading e-mobility charging technology provider in the Nordics, responds to the rapidly growing e-mobility market demand by scaling up production gradually by the end of 2022. Kemppi Group Oy, the owner of Kempower Oy, acquires a business property including 10 300 m2 of factory space. The business property includes extensive unused building right to further expand production in the future. The seller in the transaction is the insurance group Fennia, for which S-Bank's subsidiary S-Bank Properties Ltd provides real estate portfolio management and administration services.
The factory, originally built in 2007 and expanded in 2020, is located in Rälssinkatu 1, Lahti, Finland, with excellent transport connections. Kemppi Group will lease the factory to Kempower. The new facility will enable Kempower to expand its production by approximately 500% compared to the current capacity. Kempower’s production will be scaled up for the second time in a short time: at the beginning of 2021, Kempower increased its production by five times from the 2020 level.
“As Kempower’s owners, we are very committed to the company. Kempower has a lot of growth potential and the international EV charging market has reacted positively to Kempower’s DC charging offering. With this investment, we want to ensure Kempower’s ability to respond to the market demand”, states Antti Kemppi, Chairman of the Board of Kemppi Group & Kempower.
”We are particularly pleased to be able to continue the life of this valuable business property and to provide new jobs in the Lahti region”, Antti Kemppi adds.
“It’s great that this well-kept property found a new home. I believe that the site's modern production facilities offer a great platform to develop business in the future” says Harri Oravainen, Real Estate Investment Director, S-Bank Properties.
“Our aim is to be the preferred partner in the world in developing emission-free business. Our ultimate goal is to create an EV charging infrastructure so extensive and reliable, that the electric vehicles can and will be the new reality. With the new facility, we are able to support our customers in developing emission-free business even faster than before”, states Tomi Ristimäki, CEO, Kempower.
“In the new facility, Kempower will have all the essential functions in one location, including production, R&D, laboratory, testing and offices. The new facility will allow us to be efficient and agile as all the teams will be working seamlessly under one roof”, says Tomi Ristimäki, CEO, Kempower.
The preparations for Kempower’s new facility will start immediately. To ensure customer deliveries, Kempower will gradually ramp up production in 2021-2022. All company functions will be moved to the new location by the end of 2022.
Catella Asset Management acted as Kemppi Groups’ buyside advisor and HPP Attorneys as legal advisors on the transaction.
Kempower designs and manufactures DC fast charging solutions for electric vehicles and machines operating in the most demanding conditions. We are a largescale charging system supplier, aiming for a smoothly running electric mobility infrastructure. With 70 years of experience in perfecting power sources, we set the bar high in engineering and user-experience design. Over 90% of our materials & components are sourced from Finland. Kempower DC charging solutions are designed and manufactured in Lahti, Finland, and available globally. www.kempower.com
For more information, please contact:
Tomi Ristimäki
CEO
Kempower Oy
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+358 44 289 9815
Kempower media contacts
Paula Savonen
Marketing & Communications manager
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+358 400 343 851
TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced it has completed its acquisition of Sequent Energy Management, L.P. and Sequent Energy Canada, Corp. from Southern Company Gas. The acquisition, announced in May, accelerates Williams’ natural gas pipeline and storage optimization and marketing growth and increases Williams’ gas pipeline marketing footprint to over 8 Bcf/d, with expansions into new markets to reach incremental gas-fired power generation, liquified natural gas (LNG) exports and future renewable natural gas (RNG) and other emerging opportunities.
“The addition of Sequent Energy Management, including its talented workforce and industry leading platform, complements the current geographic footprint of our core pipeline transportation and storage business,” said Alan Armstrong, president and chief executive officer of Williams. “As we continue to take a leadership role towards a clean energy future, Williams sees significant opportunity to better source and deliver responsibly produced, low carbon supplies to domestic natural gas and international LNG customers. Sequent’s operational footprint in the U.S. and Canada provides Williams with an enhanced North American perspective of natural gas markets, in turn bolstering the company’s natural gas focused strategy, and I’m excited to welcome the Sequent employees to the Williams family.”
Sequent moves gas to markets through transportation and storage agreements on strategically positioned assets, including along Williams’ Transco system. The company focuses on asset management and the wholesale marketing, trading, storage and transportation of natural gas for a diverse set of natural gas utilities and producers.
About Williams
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. www.williams.com
Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company’s annual and quarterly reports filed with the Securities and Exchange Commission.
MEDIA:
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(800) 945-8723
INVESTOR CONTACTS:
Danilo Juvane
(918) 573-4614
Grace Scott
(918) 573-1092
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") plans to announce its financial results for the second quarter 2021 prior to 8:00 A.M. Eastern Time on Thursday, August 5, 2021. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com.
In addition, management will host a conference call on Thursday, August 5, 2021 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Second Quarter 2021 Earnings Call."
A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.
A replay of the conference call will be available after 11:00 AM Eastern Time on Thursday, August 5, 2021 through 11:00 AM Eastern Time on Thursday August 12, 2021 at (855) 859-2056 (from within the U.S.) or (404) 537-3406 (from outside of the U.S.), Passcode: 8769417.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
IR:
Joshua Kane
(516) 268-7455
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Media:
Jake Suski
(516) 268-7403
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Previously announced divestiture of Quality Carriers business completed
TAMPA, Fla.--(BUSINESS WIRE)--Boasso Global, Inc. (formerly Quality Distribution, Inc.), a privately held global ISO tank container services and logistics provider, today announced that it had completed its rebranding from Quality Distribution, Inc. and closed on the previously announced sale of its Quality Carriers bulk liquid chemical truck transportation business to CSX Corp. Financial terms of the transaction were not disclosed.
“We are tremendously excited about the future of Boasso Global and our ability to focus all of our efforts on continuing to expand our global footprint to better provide our customers with the market-leading services they have come to expect from Boasso Global,” said Joe Troy, Chief Executive Officer of Boasso Global. “At the same time we wish continued success to our friends at Quality Carriers as they transition to CSX.”
Funds advised by Apax Partners, which acquired the then-Quality Distribution in 2015, continue as the predominant shareholder of Boasso Global. “We are extremely excited for the future of Boasso Global as a standalone entity that carries with it an established record of excellence,” said Ashish Karandikar of Apax Partners. “We believe the experienced team we have in place is well positioned to drive this business to even greater heights of success.”
Quality Distribution and Apax Partners were advised by Kirkland & Ellis, LLP as legal counsel and J.P. Morgan Securities, LLC as lead financial advisor, while Morgan Stanley & Co. LLC also provided financial advice.
About Boasso Global
Headquartered in Tampa, Florida, Boasso Global is a leading international provider of depot and transportation services to a fast-growing, global ISO Tank Container industry. Boasso offers a multitude of mission-critical services through a network of international depots, including 15 in North America, 8 in the United Kingdom, and 6 in Continental Europe. Boasso is an American Chemistry Council “Partner Member.” For more information, visit www.boassoglobal.com.
About Apax Partners
Apax Partners LLP ("Apax") is a leading global private equity advisory firm. For nearly 50 years, Apax has worked to inspire growth and ideas that transform businesses. The firm has raised and advised funds with aggregate commitments of more than $60 billion. The Apax Funds invest in companies across four global sectors of Healthcare, Tech, Services and Internet/Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. For further information about Apax, please visit www.apax.com. Apax is authorized and regulated by the Financial Conduct Authority in the UK.
Media Contact:
Kyle Parks
B2 Communications
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727-895-5030, ext. 101 (office)
813-352-1325 (cell)
PLANO, Texas--(BUSINESS WIRE)--Vine Energy Inc. (NYSE: VEI) announced that its subsidiary, Vine Energy Holdings LLC, has amended its second lien term loan agreement to effectively reduce the amount of future natural gas production that is required to be subject to hedging. Specifically, for the 24-month period following the original closing date, and for the 24-month period following the delivery of either an annual or mid-year reserve report, 70% of expected production from proved developed producing reserves is now required to be hedged. Previously, 70% of total expected production was required to be hedged.
Commenting on the amendment to the Company’s second lien term loan agreement, Chairman, President & CEO Eric Marsh stated, “This amendment meaningfully reduces the required hedging under our credit agreements and aligns the requirements of our reserve-based lending facility with our second lien term loan. While the use of derivatives to manage commodity price exposure will remain an important part of our strategy, we now have greater flexibility to manage our business in better alignment with our improved capital structure post our initial public offering this past March. We would like to thank our second lien term loan lenders for working with us on this amendment.”
About Vine Energy Inc.
Vine Energy Inc., based in Plano, Texas, is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. The Company is listed on the New York Stock Exchange under the symbol “VEI”.
David Erdman
(469) 605-2480
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Commitment to deliver fixed fee, predictable cost and reliable energy were key to selection following competitive RFP
DENVER & RATON, N.M.--(BUSINESS WIRE)--Today, Guzman Energy announced it will become the wholesale energy supply partner for the City of Raton, N.M. providing the City with 48,000 MWh of electricity a year. The announcement follows a competitive review of service provider proposals. With this agreement, the City of Raton will gain greater control and predictability of energy costs, and expects the partnership will provide significant savings and benefits.
The Guzman Energy team brings extensive experience in developing customized energy solutions. For the City of Raton, the agreement includes a fixed-price structure that will eliminate energy price volatility. The full-requirements power agreement covers a 10-year term between Guzman Energy and the City of Raton and begins July 1, 2021. Other benefits of the agreement include:
“The City of Raton is a special place, and they are to be commended for making changes to their energy supplies that will positively impact their community,” said Jeffrey Heit, principal, managing director at Guzman Energy. “Guzman Energy is committed to working alongside our customers like Raton to deliver optimal power supply and better economic solutions while also being a true community partner.”
“The City of Raton is pleased to enter into partnership with Guzman Energy to meet the community’s electrical energy needs for the future,” said Scott Berry, city manager of the City of Raton. “I am confident that this partnership will support the City’s efforts to revitalize and grow Raton’s economic base and transition to sustainable energy sources.”
About Guzman Energy
Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward. To learn more, visit https://guzmanenergy.com.
About Raton, New Mexico
Located at the base of the Raton Pass, the highest point along the historic Santa Fe Trail, Raton is a small town tucked away in the Rocky Mountains. The city is also located about 6.5 miles south of the New Mexico–Colorado border and 85 miles west of Texas. With four seasons, clean air and crystal-clear waters, Raton's public lands and state parks call outdoor enthusiasts from near and far. To learn more, visit https://ratonnm.gov/.
Megan Schaefer, Ogilvy
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(303) 527-4622
David W Piancino
General Manager, Raton Public Service
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(575) 445-9861
Collaboration on strategy, design, digital engineering, IT and cloud supports fight against climate change
ZURICH--(BUSINESS WIRE)--Accenture (NYSE: ACN) has developed a digital plant solution for Climeworks that supports the company in removing carbon dioxide (CO2) from the air more efficiently. The digital plant solution is part of a multi-service collaboration between Accenture and Climeworks and spans strategy, design, digital engineering, technology and cloud.
Climeworks, a global leader in direct air capture, offers carbon dioxide removal as a service to companies and individuals. Its newest plant in Iceland, called “Orca,” will capture 4,000 tons of carbon dioxide per year, making it the world's largest climate-positive facility to date. The CO2 is put into underground storage provided by Carbfix, where it will turn into stone in less than two years.
Accenture and Climeworks began working together after leaders of the two companies met on a panel discussion at the World Economic Forum in 2018. By then, Climeworks was well on its way to scaling its technology. Accenture offered to collaborate with the company on the next stages of its growth. A team of Accenture volunteers was formed to help Climeworks, later becoming part of the Accenture Development Partnerships program, which supports organizations working for good to positively impact the world.
“Our vision is to inspire one billion people to remove carbon dioxide from the air,” said Daniel Egger, chief commercial officer, Climeworks. “To bring it to life, we keep strengthening our offering for consumers and corporate clients – and Accenture has been playing a key role.”
Stéphane Piqué, who leads Accenture’s work for Climeworks and Accenture Industry X in Switzerland, said, “We began collaborating with Climeworks because we believe in their mission. It quickly became clear that Accenture could provide value in key areas of this exceptional company. The work we’ve done is a testament to making sustainability our greatest responsibility, and helping clients infuse it across their businesses. We’re looking forward to continuing to contribute to Climeworks’ success – for the next generation and ourselves.”
Accenture is supporting Climeworks’ fight against climate change across the following areas:
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
About Climeworks
Climeworks empowers people to reverse climate change by permanently removing carbon dioxide from the air.
One of two things happens to the Climeworks air-captured carbon dioxide: either it is returned to earth, stored safely and permanently away for millions of years, or it is upcycled into climate-friendly products such as carbon-neutral fuels and materials. The Climeworks direct air capture technology runs exclusively on clean energy, and the modular CO2 collectors can be stacked to build machines of any size.
Founded by engineers Christoph Gebald and Jan Wurzbacher, Climeworks strives to inspire 1 billion people to act now and remove carbon dioxide from the air.
Together we can build a climate-positive world. Join us!
Web: https://www.climeworks.com
Twitter: https://twitter.com/Climeworks
Facebook: https://www.facebook.com/climeworks
Instagram: https://www.instagram.com/climeworks_official
LinkedIn: https://www.linkedin.com/company/climeworks
Copyright © 2021 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.
This document is produced by consultants at Accenture as general guidance. It is not intended to provide specific advice on your circumstances. If you require advice or further details on any matters referred to, please contact your Accenture representative.
This document makes descriptive reference to trademarks that may be owned by others. The use of such trademarks herein is not an assertion of ownership of such trademarks by Accenture and is not intended to represent or imply the existence of an association between Accenture and the lawful owners of such trademarks. No sponsorship, endorsement, or approval of this content by the owners of such trademarks is intended, expressed, or implied.
Accenture provides the information on an “as-is” basis without representation or warranty and accepts no liability for any action or failure to act taken in response to the information contained or referenced in this publication.
Jens R. Derksen
Accenture Industry X
+49 175 5761393
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Climeworks
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DUBLIN--(BUSINESS WIRE)--The "DRC Power Oil & Gas Conference and Exhibition" conference has been added to ResearchAndMarkets.com's offering.
WHAT IS DRC POWER, OIL & GAS CONFERENCE AND EXHIBITION (DPOG)?
Organised under the high patronage of His Excellency Felix Antoine Tshisekedi Tshilombo, President of the Democratic Republic of Congo, and represented by the Principal Advisor to the Head of State at the College of Hydrocarbons, Professor Adalbert Jules Makutu Ma Ngwayaya, DRC Power, Oil & Gas Conference and Exhibition (DPOG) is the country's only official oil & gas, power, and renewables international exhibition & conference.
DPOG 2021 focuses on investments in hydrocarbons resources, particularly in the three main basins, power generation, and technology to lead the future economic development in the country and satisfy the growing demand for energy.
It's a gathering of top energy executives, representatives of regional executive authorities, investors, banks, industry associations, service companies, and equipment producers for two days of networking, knowledge-sharing, and business matching.
WHO WILL BE THERE?
Speakers
H.E. Felix Tshisekedi
President
Government of Democratic Republic of Congo
DRC
Anthony Nkinzo Kamole
Managing Director
National Investment Promotion Agency (ANAPI)
DRC
For more information about this conference visit https://www.researchandmarkets.com/r/ju6hkk
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
~Acquires Minnesota Based Nisswa Marine~
~Further Strengthens Storage and Service Offerings~
CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of Nisswa Marine (Nisswa), a full-service Midwest dealer located in Nisswa, Minnesota. Nisswa generated revenue of over $35 million in 2020. The acquisition is expected to be accretive in its first full year.
Founded in the 1930’s, Nisswa Marine is one of the oldest dealers in the country. Lead by Brent, Jeremy and Steve Wiczek, Nisswa Marine offers premium brands, including Mastercraft, Supra, Moomba, Chris Craft and Premier Pontoons. Providing storage for almost 1,000 boats annually, the business has built an exceptional reputation for its extensive service and storage operations. The Nisswa leadership team will continue to operate the business.
W. Brett McGill, Chief Executive Officer and President of MarineMax stated, "We have had a great relationship with the Wiczek Family and Nisswa Marine for many years. Our cultures share similar core values and passion for our customers and the boating lifestyle. This strategic acquisition further enhances our ability to serve the Minnesota area, while expanding our margins through their expansive storage operation. We are excited that the Wiczek family and their management team will continue to lead Nisswa’s future growth.”
Brent J. Wiczek, President of Nisswa Marine, stated, “We have worked closely with MarineMax for many years. This combination will be beneficial for our mutual customers in Minnesota and the Nisswa Team. We are excited about continuing to drive the expansion of our business with the extensive resources of MarineMax.”
About MarineMax
MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 77 retail dealership locations, including 30 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, it is also the largest super-yacht services provider, operating locations across the globe. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). For more information, please visit www.marinemax.com.
Forward Looking Statement
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include Nisswa Marine's shareholders remaining as operators after the closing; this acquisition enhancing the Company's ability to serve its customers in the Minnesota area, while expanding its gross margins; the future growth of Nisswa; the benefits of this transaction to customers and the Nisswa team; and the expansion of Nisswa's business. These statements are based on current expectations, forecasts, risks, uncertainties and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts (direct and indirect) of COVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as those within our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2020 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael H. McLamb
Chief Financial Officer
727-531-1700
Media:
Abbey Heimensen
MarineMax, Inc.
Investors:
Brad Cohen or Dawn Francfort
ICR, LLC
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Kang speaks with IHS Markit Vice Chairman Daniel Yergin for a new edition of CERAWeek Conversations – available at https://ondemand.ceraweek.com/cwc
WASHINGTON--(BUSINESS WIRE)--In the latest episode of the new CERAWeek Conversations series for 2021, Joe Kang, president of the International Gas Union (IGU), whose members represent more than 95% of the global gas market, discusses why “gas supply is a catalyst for the energy transition;” how LNG’s flexibility allowed for “tremendous performance in this dire situation” during the pandemic-induced market shocks of 2020; and looking ahead to the 2022 World Gas Congress being “a living laboratory for testing new technologies.”
In a conversation with Daniel Yergin, vice chairman, IHS Markit (NYSE: INFO), Kang talks about how energy transition is “inherently, characteristically diverse and complex.” Reacting to the IEA’s May 2021 report on pathways to net-zero emissions by 2050, Kang says the IEA scenario—which envisions the global power mix being 90% renewables and 10% nuclear—“is too ambitious and impractical.”
“Given that the present global energy mix is 30% oil, 27% coal, 26% natural gas and less than 10% renewable, the energy transition is a time-consuming, expensive, step-by-step process. How can you change the whole landscape in less than 30 years?,” he says.
Speaking of the varying challenges that developed, developing and underdeveloped countries face in meeting net-zero goals, Kang says that “different patients with different diseases should have a different prescription. We don’t have a panacea in the energy issue. There is no yellow brick road in energy issues.”
The complete video is available at: https://ondemand.ceraweek.com/cwc
Podcast version available: CERAWeek Conversations is also available via audio podcast on Apple Podcasts, Google Podcasts, Soundcloud, Spotify and Stitcher.
Selected excerpts:
Interview Recorded Tuesday, June 22, 2021
(Edited slightly for brevity only)
Watch the complete video at: https://ondemand.ceraweek.com/cwc
New CERAWeek Conversations segments also include:
About CERAWeek Conversations:
CERAWeek Conversations features original interviews and discussion with energy industry leaders, government officials and policymakers, leaders from the technology, financial and industrial communities—and energy technology innovators.
The series is produced by the team responsible for the world’s preeminent energy conference, CERAWeek by IHS Markit.
The complete episode library is available at https://ondemand.ceraweek.com/cwc.
CERAWeek Conversations is also available via audio podcast on Apple Podcasts, Google Podcasts, Soundcloud, Spotify and Stitcher.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2021 IHS Markit Ltd. All rights reserved.
Jeff Marn
IHS Markit
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Press Team
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SHEFFIELD, England--(BUSINESS WIRE)--#cbm--Every year 40 billion litres of lubrication oil is used to keep most machines running efficiently and reliably - from manufacturing, ships, planes and cranes to robots, generators, wind-turbines, trucks and cars - even electric cars. However, a new study shows that most lubrication oil is changed when it still has 30% life left, which means 12 billion litres of oil are needlessly consumed and discarded every year.
This is a huge hidden cost – both an environmental cost equivalent to 35.7 million tons of CO2 (or the equivalent of removing 1.5 million cars from the road) and a financial cost of $120 billion just in oil every year. New technology in the form of a small sensor enables oil quality to be accurately analysed in real-time and the perfect change point identified, thus enabling an instant and easy 30% reduction in use and waste.
New long-life oils are contributing towards reducing annual use, however, unless they are used to the full extent of their life, 30% of these oils are still wasted due to fixed time scheduled maintenance, rather than a schedule based upon actual need. Until now the only reliable way to know the real condition of oil in machinery was expensive sampling and lab analysis, as such 99.9% of equipment has oil changed based upon time schedules, resulting in 30% waste.
A new oil analysis sensor technology from Tan Delta Systems in the UK enables a tiny, low cost, sensor to be fitted to any equipment to analyse oil quality in real-time and tell the user exactly when the oil needs changing, thus enabling the full life of oil to be used without any risk to equipment, realising significant reductions in CO2 and cost.
The sensors can be deployed on anything: cars, robots, trucks, wind turbines, ships, planes, generators – even on the pumps and drilling rigs used by the oil industry itself to realise massive carbon reductions. This innovation shows how technology can help make meaningful steps to achieving global and corporate ESG objectives.
Contact Rhianne Prenton (Marketing Manager) at Tan Delta Systems, UK for further information:
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Tel: +44 (0) 845 094 8710
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host a conference call webcast on Tuesday, Aug. 3, 2021, at 12:00 p.m. Eastern time to discuss second-quarter 2021 financial and operating results. The company’s financial and operating results will be released before the market opens on Aug. 3.
To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day. A transcript will be available on the Investor Relations site.
About ConocoPhillips
Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 15 countries, $84 billion of total assets, and approximately 10,300 employees at March 31, 2021. Production excluding Libya averaged 1,488 MBOED for the three months ended March 31, 2021, and proved reserves were 4.5 BBOE as of Dec. 31, 2020. For more information, go to www.conocophillips.com.
CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements as defined under the federal securities laws. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. Words and phrases such as “anticipate," “estimate,” “believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict," “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and other similar words can be used to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond our control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements. Factors that could cause actual results or events to differ materially from what is presented include the impact of public health crises, including pandemics (such as COVID-19) and epidemics and any related company or government policies or actions; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including changes resulting from a public health crisis or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by OPEC and other producing countries and the resulting company or third-party actions in response to such changes; changes in commodity prices, including a prolonged decline in these prices relative to historical or future expected levels; changes in expected levels of oil and gas reserves or production; potential failures or delays in achieving expected reserve or production levels from existing and future oil and gas developments, including due to operating hazards, drilling risks or unsuccessful exploratory activities; unexpected cost increases or technical difficulties in constructing, maintaining or modifying company facilities; legislative and regulatory initiatives addressing global climate change or other environmental concerns; investment in and development of competing or alternative energy sources; disruptions or interruptions impacting the transportation for our oil and gas production; international monetary conditions and exchange rate fluctuations; changes in international trade relationships, including the imposition of trade restrictions or tariffs on any materials or products (such as aluminum and steel) used in the operation of our business; our ability to collect payments when due under our settlement agreement with PDVSA; our ability to collect payments from the government of Venezuela as ordered by the ICSID; our ability to liquidate the common stock issued to us by Cenovus Energy Inc. at prices we deem acceptable, or at all; our ability to complete our announced or any future dispositions or acquisitions on time, if at all; the possibility that regulatory approvals for our announced or any future dispositions or acquisitions will not be received on a timely basis, if at all, or that such approvals may require modification to the terms of the transactions or our remaining business; business disruptions during or following our announced or any future dispositions or acquisitions, including the diversion of management time and attention; the ability to deploy net proceeds from our announced or any future dispositions in the manner and timeframe we anticipate, if at all; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation, including litigation related to our transaction with Concho Resources Inc. (Concho); the impact of competition and consolidation in the oil and gas industry; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; general domestic and international economic and political conditions; the ability to successfully integrate the operations of Concho with our operations and achieve the anticipated benefits from the transaction; unanticipated difficulties or expenditures relating to the Concho transaction; changes in fiscal regime or tax, environmental and other laws applicable to our business; and disruptions resulting from extraordinary weather events, civil unrest, war, terrorism or a cyber attack; and other economic, business, competitive and/or regulatory factors affecting our business generally as set forth in our filings with the Securities and Exchange Commission. Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Dennis Nuss (media)
281-293-1149
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Upgrade was part of modernization effort to develop and maintain state-of-the-art terminals
OAKLAND, Calif.--(BUSINESS WIRE)--Navis, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Sri Lanka Port Authority (SLPA) has gone live with Navis N4 at its Colombo Port as part of its modernizations efforts to remain competitive in the industry and optimize operations for efficiency at the port.
SLPA’s Colombo Port is a growing shipping hub in the South Asia Region, acting as a gateway for cargo to Europe, East and South Asia, the Persian Gulf, and East Africa. The transshipment port operates at 2.5 million TEU annually, and was developed to accommodate deep water berths and the latest mainline vessels. As its business was growing, SLPA’s Colombo Port needed an advanced TOS to update its offerings and aid in its business goals of modernizing the facility to ensure enhanced safety, efficiency and productivity at its location.
The Steering Committee at SLPA noted, “Working with Navis on the implementation of N4 at Colombo Port has been a collaborative effort from Access International, Navis & SLPA teams. When COVID hit last year, the organizations showed dedication to execute the project from start to finish despite the challenges brought on by the pandemic. We are thrilled to be running with N4 so we can provide the best possible service to our customers through new and automated processes which will help optimize our operations at the port.”
“One of our goals at Navis is to keep cargo flowing for our customers, and we are glad to have worked with SLPA to ensure that their team was able to implement N4 successfully during a challenging time for the industry,” said Charles Gerard, VP & General Manager, Asia-Pacific at Navis. “We are looking forward to helping them reach their business goals through our innovative solutions and hope to be an asset to them as their business scales.”
To learn more about Navis visit, www.navis.com.
About Navis, LLC
Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com
About Cargotec Corporation
Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed United Nations Global Compact’s Business Ambition for 1.5°C. The company’s sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,500 people. www.cargotec.com
Jennifer Grinold
Navis, LLC
T+1 510 499 7621
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Geena Pickering
Gregory FCA
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HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that a subsidiary of Enterprise has acquired a wholly owned subsidiary of NOVA Chemicals, which operates an ethylene storage business and trading hub in Mont Belvieu, Texas. NOVA Chemicals, one of the largest merchant ethylene producers and marketers on the U.S. Gulf Coast, will be a long-term storage customer in the Enterprise system.
“The acquisition, which gives Enterprise ownership of the largest ethylene market hub in Texas since it was established in 2001, will complement Enterprise’s own growing ethylene network in the region,” said Chris D’Anna, senior vice president, Petrochemicals of Enterprise’s general partner. “The combined system offers multiple benefits for producers, consumers and traders, such as increased physical connectivity, greater market liquidity and pricing transparency, as well as improved access to Enterprise’s ethylene midstream services, including our export terminal and growing Gulf Coast pipeline system.”
“This transaction provides the best long-term solution for the Mont Belvieu ethylene storage business and trading hub, allowing NOVA to focus on our core business of ethylene and polyethylene production, including the safe and successful completion of our world-class Advanced SCLAIRTECH technology facility in Ontario that will deliver recycle ready resins for sustainable packaging solutions,” stated John Thayer, senior vice president sales and marketing for NOVA Chemicals.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 Bcf of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information.
NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life healthier, easier and safer. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to Sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly owned ultimately by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates. Visit NOVA Chemicals on the Internet at www.novachem.com.
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise their respective forward-looking statements, whether as a result of new information, future events or otherwise.
The NOVA Chemicals logo is a registered trademark of NOVA Brands Ltd.; authorized use.
Responsible Care is a registered trademark of the Chemistry Industry Association of Canada.
Enterprise Contacts
Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
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NOVA Contacts
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“Quantifying the Invisible” - Accelerating the Commercial Adoption of Accurate Greenhouse Gas Emissions Detection and Quantification.
AUSTIN, Texas--(BUSINESS WIRE)--SeekOps Inc., a Texas-based technology company, announced the closing of its Series B funding. SeekOps provides best-in-class sensors and actionable analytics to support both traditional and renewable energy sectors in their decarbonization efforts, delivering reliable, timely and accurate methane Leak Detection and Quantification (LDAQTM), facilitating increased ESG reporting transparency, and enabling verification for Responsibly Sourced Gas certification standards.
The funding round was led by Schlumberger, with the support of existing investors Equinor Ventures and OGCI Climate Investments (OGCI CI), and new investor Caterpillar Venture Capital Inc. (CVCI).
Iain Cooper, SeekOps CEO said, “The funding and strategic alignment with our new investors, Schlumberger and CVCI, and the continued backing of our initial investors, Equinor and OGCI CI, enables us to not only assist our investors in their decarbonization initiatives, but with their support, scale our services onshore and offshore directly with customers via our global drone service partners, and enable the energy industry to cost-effectively assess its progress to net-zero.”
“Reducing greenhouse gas emissions, and methane in particular, is an imperative for our industry. It demands solutions that deliver more precise methods of emissions detection and measurement,” said Kahina Abdeli-Galinier, Emissions Management Business Director, Schlumberger. “Our participation in SeekOps will accelerate the deployment of sensitive and accurate measurement techniques.”
“We are pleased to support SeekOps’ unique offering that can measure emissions from both onshore and offshore operations,” said Pratima Rangarajan, CEO of OGCI Climate Investments. “The transparency created by accurate methods for detection, localisation, and quantification is essential to reducing emissions.”
Equinor, a member company of OGCI CI, has been an early adopter of SeekOps technology since 2017. “Equinor is excited about the company’s expansion and continues to support its growth. We have been very pleased by their recent offshore quantification surveys for us in the North Sea,” said Gareth Burns, Vice President of Equinor Ventures.
About SeekOps
SeekOps globally deploys its industry-leading sensor technology with enterprise-grade drones to provide field-proven measurement systems for methane Leak Detection and Quantification (LDAQTM), through repeatable, consistent and cost-effective automated workflows. For more information, please visit www.seekops.com
About Schlumberger
Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.
About Caterpillar Ventures
Caterpillar Venture Capital Inc. assists entrepreneurs around the world to grow and scale their businesses to build today for a better tomorrow by leveraging Caterpillar's industry expertise, supply base and independent dealer network. Caterpillar Venture Capital’s focus areas of investment include robotics, energy, advanced materials, and digital solutions that help its customers be successful. Caterpillar Venture Capital is a wholly owned subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For more information, visit https://www.caterpillar.com/ventures.
About OGCI Climate Investments
OGCI Climate Investments LLP is a $1+ billion fund investing in technologies and business models which lower the carbon footprint of the energy and industrial sectors and their value chains. The Fund was created by the CEOs of the Oil and Gas Climate Initiative to take practical action on climate change. We invest in innovative companies that are ready to be commercialized. We collaborate with global co-investors and industrials to achieve speed and scale. For more information, please visit: www.oilandgasclimateinitiative.com
About Equinor Ventures
Equinor Ventures supports small and medium enterprises (SMEs) with exciting new technologies in oil and energy – and in turn, helping Equinor be the world’s most carbon-efficient oil and gas producer with a developing renewable business. For more information, please visit: https://www.equinor.com/en/what-we-do/equinor-ventures.html
SeekOps Inc.
Paul Khuri
VP Business Development
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Phone: +1 713.962.6146
www.seekops.com
Company to Combine All TMS Customer Facing Activity under CRO
VIENNA--(BUSINESS WIRE)--Alpega Group, a leading global provider of SaaS cloud-based transportation software, announced today that Anton Hofmeier has joined Alpega as part of a strategic build out of their TMS (Transportation Management Software) sales and customer organizations.
Mr. Hofmeier comes to Alpega after the successful sale of his prior company, Thinkproject, to private equity buyer EQT in December 2020. During the 3,5 years Anton ran sales for Thinkproject he doubled their top line revenue, with overpropotional increase of the SaaS revenue, established a true enterprise sales organization and developed entirely a robust partner/reseller program.
‘We were looking to augment our sales leadership with a proven leader who has seen success in the Private Equity environment in Europe while scaling a SaaS software business. Anton is a perfect fit for us’ said Todd DeLaughter, Group CEO for Alpega.
‘The TMS SaaS software category continues to grow at double digits even through the pandemic. If anything, supply chain managers and the systems they acquire to manage the flow of material and finished goods got a boost of visibility during the pandemic. People understand in painful ways the impact of supply chain disruptions. Alpega is perfectly positioned to take advantage of this new wave of investments to digitally transform supply chains. Anton is the perfect guy to help us show the supply chain world how we can help them’ continued DeLaughter.
‘I’m happy to be joining the already strong team at Alpega and continue the journey with them. TMS is a vibrant and high growth market with substantial upside. We not only help companies save hundreds of millions of euros in transport costs, Alpega makes sustainability actionable. Advanced planning and smart routing functionality enables companies to reduce their carbon footprint by ensuring full trucks on return as well as outbound trips and by reducing the wait times of idling trucks to load/unload at warehouse docks’ said Anton Hofmeier, new TMS CRO for Alpega Group.
About Alpega
Alpega is a global provider of cloud-based Transportation Management Systems (TMS) and freight exchanges. Alpega enables shippers, logistics service providers and carriers to collaboratively manage end-to-end transportation activities for increased visibility, capacity and reduced freight spend.
By streamlining transportation sourcing, planning, execution, settlement and analytics, Alpega's TMS solutions transform local and global supply chains into collaborative ecosystems - bringing transparency and efficiency to all partners involved. Alpega’s user community of 80.000+ carriers and shippers and 200,000+ members are present in 80 countries.
For more information, visit www.alpegagroup.com
Alpega s.a./n.v.
Verónica Rodriguez
Head of Brand
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DUBLIN--(BUSINESS WIRE)--The "Industrial Electric Detonators Global Market Insights 2021, Analysis and Forecast to 2026, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering.
This report describes the global market size of Industrial Electric Detonators from 2016 to 2020 and its CAGR from 2016 to 2020, and also forecasts its market size to the end of 2026 and its CAGR from 2021 to 2026.
For the geography segment, regional supply, demand, major players, price is presented from 2016 to 2026.
This report covers the following regions:
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil, etc.
For the competitor segment, the report includes global key players of Industrial Electric Detonators as well as some small players.
The information for each competitor includes:
Applications Segment:
Companies Covered:
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End-users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Industrial Electric Detonators Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End-users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Industrial Electric Detonators by Region
8.2 Import of Industrial Electric Detonators by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Industrial Electric Detonators Market in North America (2016-2026)
Chapter 10 Historical and Forecast Industrial Electric Detonators Market in South America (2016-2026)
Chapter 11 Historical and Forecast Industrial Electric Detonators Market in Asia & Pacific (2016-2026)
Chapter 12 Historical and Forecast Industrial Electric Detonators Market in Europe (2016-2026)
Chapter 13 Historical and Forecast Industrial Electric Detonators Market in MEA (2016-2026)
Chapter 14 Summary for Global Industrial Electric Detonators Market (2016-2021)
14.1 Industrial Electric Detonators Market Size
14.2 Industrial Electric Detonators Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Industrial Electric Detonators Market Forecast (2021-2026)
15.1 Industrial Electric Detonators Market Size Forecast
15.2 Industrial Electric Detonators Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
For more information about this report visit https://www.researchandmarkets.com/r/uc7vk8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Alumina Energy, Ionada, Parasanti, and SurgePower Materials join the industrial scaling program
HOUSTON--(BUSINESS WIRE)--Halliburton Labs today announced its second cohort, which joins four companies already participating in its collaborative environment to advance and scale cleaner, affordable energy. Alumina Energy, Ionada, Parasanti, and SurgePower Materials will receive access to a broad range of industrial capabilities, technical expertise, and mentorship to scale their respective businesses.
“We are excited to support and collaborate with this group of early-stage, clean energy companies as they continue their commercialization journey,” said Dale Winger, managing director of Halliburton Labs. “Each has demonstrated a commitment to accelerating their technologies, and we are eager to help them innovate, develop and scale each company.”
Alumina Energy is designing and developing zero-carbon heat and power solutions to address greenhouse gas emissions. The company’s patented packed bed thermal energy storage technology is designed to turn intermittent renewable energy resources into a reliable and cost-competitive source of heat and power with a process that does not add carbon emissions from its operation. “We are very excited to join Halliburton Labs’ cleantech accelerator program and collaborate with their experienced team to advance cleaner, affordable energy,” said Sasha Braun Diamont, founder and CEO of Alumina Energy.
Ionada offers a patented membrane contactor carbon management system for small to mid-sized industrial emitters of up to 200,000 tons per year. Its containerized modular carbon capture system provides a compact and cost-effective solution for the energy and marine markets. "We are receiving tremendous interest from industrial emitters around the world for modular carbon capture systems. Halliburton Labs’ engineering, supply chain expertise and global network provide the ideal launching platform for us to scale our business to meet demand," said Edoardo Panziera, CEO of Ionada.
Parasanti delivers a fully integrated solution to meet data analytic challenges through edge computing hardware and software in no and low bandwidth environments. "Parasanti could not be more honored to be a part of the Halliburton Labs accelerator. With the domain expertise and wealth of knowledge that Halliburton Labs possesses, this accelerator will position Parasanti to leverage our edge hardware and software technologies to enable new artificial intelligence and machine learning solutions in the energy space," said Parasanti co-founders James Hancock and Joshua Seagroves.
Using its patented manufacturing process, SurgePower Materials produces high-purity graphene from an abundant renewable raw material. Scalable graphene production is a platform technology with numerous industrial applications, including concrete, electronics, renewable energy, and batteries with longer life, faster charging and reduced size and weight. “Our goal is to make SurgePower Materials the key enabler of the forthcoming graphene age with plant-based graphene as an essential component of many new technologies. Our strategic collaboration with Halliburton Labs allows us to leverage their world-class engineering expertise to rapidly scale our production and accelerate the adoption of new graphene-based solutions,” said Dr. Michael Opoku, CEO of SurgePower Materials.
In addition to these companies joining our accelerator program, Halliburton Labs today announced that it is accepting applications for its third cohort via its website, with applications due by September 3, 2021.
ABOUT HALLIBURTON LABS
Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and industrial labs join to advance cleaner, affordable energy. Located at Halliburton Company’s headquarters in Houston, Texas, Halliburton Labs provides access to world-class facilities, operational expertise, practical mentorship, and financing opportunities in a single location to help participants scale their business. Visit the company’s website at www.halliburtonlabs.com. Connect with Halliburton Labs on Twitter, LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company (NYSE: HAL).
For Investors:
Abu Zeya
Investor Relations
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281-871-2688
For News Media:
William Fitzgerald
External Affairs
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