KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) reported revenues of $706.0 million, a decrease of 4% from first quarter 2020. Overall, carload volumes were down 1% compared to prior year.

First Quarter 2021

First quarter revenues were $706.0 million, a decrease of 4% primarily resulting from lower volumes, lower fuel surcharge, and fluctuations in foreign currency.

First quarter operating expenses were $453.0 million. Operating income was $253.0 million and the reported operating ratio was 64.2%. First quarter net income was $153.4 million, or $1.68 per diluted share. Adjusted first quarter operating income, net income and diluted earnings per share were as follows:

"Although our first quarter performance was impacted by several unique and challenging events, including the Polar Vortex, and lingering network congestion, our operating team is focused on improving operating metrics and customer service through PSR phase III,” stated president and chief executive officer, Patrick J. Ottensmeyer. “Based on an outlook for improvement in volume growth and operational trends, we can confidently confirm our 2021 guidance.”

“During the first quarter, we also announced an exciting and historic combination with Canadian Pacific, creating the first rail network connecting the U.S., Mexico, and Canada. This combination is expected to provide an enhanced competitive alternative to existing rail service providers, resulting in improved service to customers of all sizes. This transaction represents an exciting opportunity for KCS and CP stakeholders, and we look forward to delivering the benefits to our customers, employees, investors, and communities. For more information on the transaction and the benefits it is expected to bring to the full range of stakeholders, visit FutureForFreight.com.”

Statement Regarding Non-GAAP Financial Measures

In addition to disclosing financial results in accordance with U.S. GAAP, the accompanying first quarter 2021 earnings release contains non-GAAP financial measures. KCS management believes that certain non-GAAP financial measures used to review and in certain cases manage the Company's business fall within the meaning of Regulation G (Disclosure of non-GAAP financial measures) and may provide its users of the financial information with additional meaningful comparison when reviewing the Company's results. KCS management uses non-GAAP information in its planning and forecasting processes and to further analyze its own financial trends and operational performance, as well as making financial comparisons to prior periods presented on a similar basis. Management believes investors and users of the Company's financial information should consider all of the above factors when evaluating KCS's results.

These non-GAAP measures should be viewed as a supplement and not considered a substitute for GAAP measures. Some of KCS's non-GAAP measures may differ from similar measures used by other companies, even if similar terms are used to identify such measures.

Investor Conference Call and Webcast

KCS will also hold its first quarter 2021 earnings conference call on Friday, April 16, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.

A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canada or (412) 317-0088 from all other countries and entering conference ID 10152592. The webcast replay and presentation materials will be archived on the company’s website.

About Kansas City Southern

Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com

Forward-Looking Information

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. In addition, management may make forward-looking statements orally or in other writing, including, but not limited to, in press releases, quarterly earnings calls, executive presentations, in the annual report to stockholders and in other filings with the Securities and Exchange Commission. Readers can usually identify these forward-looking statements by the use of such words as "may," "will," "should," "likely," "plans," "projects," "expects," "anticipates," "believes" or similar words. These statements involve a number of risks and uncertainties. Actual results could materially differ from those anticipated by such forward-looking statements as a result of a number of factors or combination of factors including, but not limited: the merger with Canadian Pacific Railway Limited ("CP") is subject to various closing conditions and there can be no assurances as to whether and when it may be completed; failure to complete the Company’s merger with CP could negatively impact the Company’s stock price and future business and financial results; Company’s stockholders cannot be sure of the value of the merger consideration they will receive from CP in the merger; lawsuits may be filed against the Company and/or CP challenging the transactions contemplated by the merger between, among others, the Company and CP; the shares of CP common stock to be received by the Company’s stockholders upon completion of the merger will have different rights from shares of the Company’s common stock; after completion of the merger, CP may fail to realize the projected benefits and cost savings of the merger; public health threats or outbreaks of communicable diseases, such as the ongoing COVID-19 pandemic and its impact on KCS’s business, suppliers, consumers, customers, employees and supply chains; rail accidents or other incidents or accidents on KCS’s rail network or at KCS’s facilities or customer facilities involving the release of hazardous materials, including toxic inhalation hazards; legislative and regulatory developments and disputes, including environmental regulations; loss of the rail concession of Kansas City Southern’s subsidiary, Kansas City Southern de México, S.A. de C.V.; domestic and international economic, political and social conditions; disruptions to the Company’s technology infrastructure, including its computer systems; increased demand and traffic congestion; the level of trade between the United States and Asia or Mexico; fluctuations in the peso-dollar exchange rate; natural events such as severe weather, hurricanes and floods; the outcome of claims and litigation involving the Company or its subsidiaries; competition and consolidation within the transportation industry; the business environment in industries that produce and use items shipped by rail; the termination of, or failure to renew, agreements with customers, other railroads and third parties; fluctuation in prices or availability of key materials, in particular diesel fuel; access to capital; climate change and the market and regulatory responses to climate change; dependency on certain key suppliers of core rail equipment; changes in securities and capital markets; unavailability of qualified personnel; labor difficulties, including strikes and work stoppages; acts of terrorism or risk of terrorist activities, war or other acts of violence; and other factors affecting the operation of the business; and other risks identified in this news release, in KCS's Annual Report on Form 10-K for the year ended December 31, 2020, and in other reports filed by KCS with the Securities and Exchange Commission.

Forward-looking statements reflect the information only as of the date on which they are made. KCS does not undertake any obligation to update any forward-looking statements to reflect future events, developments, or other information.

KCS: Ashley Thorne, 816-983-1530, This email address is being protected from spambots. You need JavaScript enabled to view it.

The platform reaffirms the Wrangler brand’s commitment to sustainability and coincides with the launch of a new eco-friendly green jean offering

GREENSBORO, N.C.--(BUSINESS WIRE)--#wecarewrangler--Wrangler^®, a global icon in jeanswear and casual apparel, today announced the launch of its WeCare Wrangler™ sustainability platform, building off the brand’s long-standing commitment to protecting the planet and the people that call it home. WeCare Wrangler unites the brand’s legacy of sustainability with measurable goals designed to bring consumers the apparel they know and love while reducing the brand’s environmental impacts.

Coinciding with the launch of the WeCare Wrangler platform, the brand has launched the new Retro® Green Jean assortment which improves on favorite Wrangler styles with a variety of natural fibers, recycled hardware and eco-friendly materials from the hem to the waistband and everything in-between.

“It matters to Wrangler what’s in our clothing. Our process for creating apparel that consumers are passionate about starts with respect for both for the planet and the people who call it home,” said Tom Waldron, EVP, global brand president of Wrangler. “The WeCare Wrangler sustainability platform will act as our roadmap as we help lead the industry toward meaningful change that creates more positive environmental and social impacts.”

Sustainable Innovation Guided by Three Areas of Focus:

The WeCare Wrangler platform is guided by three key focus areas:

1. Planet: The iconic Wrangler denim starts as cotton, and the brand is committed to protecting the land from which it grows. From protecting the soil, to saving water, to reducing waste and energy use, Wrangler is dedicated to challenging itself to leave less of an impact on the planet.
2. Product: Wrangler understands that the planet’s resources are limited and is constantly re-thinking how its products are made and what they’re made of – finding more ways to use less.
3. People: Wrangler is committed to doing right by all people with the products it makes. That means treating workers throughout its worldwide supply chain fairly and with respect. It also means upholding the brand’s commitment to find more ways to have less environmental impact on the planet.

Responsibility Driven by Accountability

As part of WeCare Wrangler, Wrangler is building off the steps the brand has already taken toward a more sustainable future and has set ambitious goals as they are important. These include:

• 100 percent preferred chemistry in throughout its supply chain by 2023
• 100 percent renewable energy powering all owned and operated facilities by 2025
• 100 percent sustainable cotton by 2025
• 50 percent reduction in water usage by 2030

Driving Sustainable Apparel Through Innovation and Industry Collaboration

Wrangler further drives sustainability in the supply chain with strategic alliances that propel apparel development forward. In addition to signing onto the Ellen MacArthur Foundation’s Jeans Redesign guidelines last year, the brand also joined its Make Fashion Circular initiative, which drives collaboration between apparel industry leaders to ensure clothes are made from safe and renewable materials, new business models increase their use, and old clothes are turned into new.

“We’re continuously looking for opportunities to work with our partners and suppliers to minimize impact on the planet,” said Jeff Frye, vice president of product development and direct procurement at Kontoor Brands. “When we all work together, we can create apparel that not only looks good, but conserves the land it’s created from.”

To learn more about the brand’s commitment, goals and resources, visit wrangler.com/sustainability.

About Wrangler

Wrangler^® has been an icon in authentic American style around the world for more than 70 years. With a rich legacy rooted in the American west, Wrangler commits to offering unmatched quality and timeless design. Its collections for men, women and children look and feel great, inspiring those who wear them to be strong and ready for life, every day. Wrangler is available in retail stores worldwide, including brand flagship stores in Denver and Dallas, department stores, mass-market retailers, specialty shops, western outfitters, and online. For more information, visit Wrangler.com.

Media Contact:
Morgan Lang
Wrangler
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919-277-1144

• Tuscan Holdings Corp. stockholders of record as of March 17, 2021 should submit their vote by April 28, 2021 at the Tuscan Annual Meeting – for more information please visit https://www.cstproxy.com/tuscanholdingscorp/2021/ or contact Advantage Proxy, Inc. toll free at 1-877-870-8565, collect at 1-206-870-8565 or by email to This email address is being protected from spambots. You need JavaScript enabled to view it..
• Investors are advised that Tuscan Holdings Corp. and Microvast officers and directors are unable to purchase shares from investors and vote them to support the extension amendment.

HOUSTON--(BUSINESS WIRE)--Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a proposed business combination with Tuscan Holdings Corp. (Nasdaq: THCB), is releasing a webcast Monday, April 19, 2021, at 11:00 a.m. ET for investors to learn more about Microvast’s cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs.

The webcast will be available on Microvast’s investor website, http://microvast.com/index.php/about/investors, and will remain on the page for future viewings.

Microvast remains on track to complete its previously announced business combination in the second quarter of 2021. The business combination is expected to provide $822 million of gross proceeds to Microvast. PIPE anchor investors include strategic partner Oshkosh Corporation as well as funds and accounts managed by BlackRock, Koch Strategic Platforms and InterPrivate. Upon the closing of the business combination, the combined company will be named Microvast Holdings, Inc. and is expected to be listed on the Nasdaq Stock Market under the new ticker symbol “MVST.”

About Microvast

Microvast, Inc. is a technology innovator that designs, develops and manufactures lithium-ion battery solutions. Founded in 2006 and headquartered in Houston, TX, Microvast is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications. More information can be found on the corporate website: www.microvast.com.

About Tuscan

Tuscan Holdings Corp. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Tuscan’s management team is led by Stephen Vogel, Chairman and Chief Executive Officer. Tuscan is listed on Nasdaq under the ticker symbol "THCB."

About InterPrivate

InterPrivate Capital is a private investment firm that invests on behalf of a consortium of family offices. The firm’s unique independent co-sponsor structure provides its investors with the deep sector expertise and transaction execution capabilities of veteran deal-makers from the world’s leading private equity and venture capital firms. Affiliates of InterPrivate Capital act as sponsors, co-sponsors and advisors of SPACs, and manage a number of investment vehicles on behalf of its family office co-investors that participate in private and public opportunities, including PIPE investments in support of the firm’s sponsored business combinations. For more information regarding InterPrivate Capital, please visit www.interprivate.com. For more information regarding InterPrivate’s SPAC strategy, please visit www.ipvspac.com.

Additional Information and Where to Find It

In connection with the annual meeting of stockholders, Tuscan Holdings Corp., a Delaware corporation (“Tuscan”) filed a definitive proxy statement with the SEC on March 24, 2021 (“Annual Meeting Proxy Statement“). Additionally, in connection with the proposed transaction (the “Proposed Transaction”) involving Tuscan and Microvast, Inc. a Delaware corporation (“Microvast”), Tuscan intends to file relevant materials with the SEC, including a proxy statement. On February 16, 2021 Tuscan filed a preliminary proxy statement with the SEC relating to the Proposed Transaction (collectively, “Merger Proxy Statement“). This document is not a substitute for the Annual Meeting Proxy Statement or the Merger Proxy Statement. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE ANNUAL MEETING PROXY STATEMENT FOR MORE INFORMATION ABOUT THE PROPOSALS TO BE BROUGHT BEFORE THE ANNUAL MEETING, TO READ THE MERGER PROXY STATEMENT FOR MORE INFORMATION ABOUT THE PROPOSED TRANSACTION WITH MICROVAST, AND TO READ ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE. The Annual Meeting Proxy Statement and Merger Proxy Statement and other documents that may be filed with the SEC (when they are available) can be obtained free of charge from the SEC’s website at www.sec.gov. These documents (when they are available) can also be obtained free of charge from Tuscan upon written request to Tuscan at Tuscan Holdings Corp., 135 E. 57th St., 17th Floor, New York, NY 10022.

No Offer or Solicitation

This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the Proposed Transaction and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Participants in Solicitation

This communication is not a solicitation of a proxy from any investor or securityholder. However, Tuscan and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the annual meeting of stockholders and Tuscan, Microvast, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the Proposed Transaction under the rules of the SEC. Information about Tuscan’s directors and executive officers and their ownership of Tuscan’s securities is set forth in Tuscan’s filings with the SEC, including Tuscan’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 25, 2021. To the extent that holdings of Tuscan’s securities have changed since the amounts included in Tuscan’s Annual Report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Additional information regarding the participants is also included in the preliminary proxy statement filed on February 16, 2021 and will be included in the definitive proxy statement, when it becomes available. When available, these documents can be obtained free of charge from the sources indicated above. Additional informaiton is also included in the definitive proxy statement which was filed with the SEC on March 24, 2021 and mailed to Tuscan’s stockholders on or about March 25, 2021.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding Microvast’s industry and market sizes, future opportunities for Tuscan, Microvast and the combined company, Tuscan’s and Microvast’s estimated future results and the Proposed Transaction, including the implied equity value, the expected transaction and ownership structure and the likelihood and ability of the parties to successfully consummate the Proposed Transaction. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

In addition to factors previously disclosed in Tuscan’s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) failure of Tuscan’s stockholders to approve the extension amendment proposal; (2) the inability to complete the Proposed Transaction or, if Tuscan does not complete the Proposed Transaction, any other business combination; (3) the inability to complete the Proposed Transaction due to the failure to meet the closing conditions to the Proposed Transaction, including the inability to obtain approval of Tuscan’s stockholders, the inability to consummate the contemplated PIPE financing, the failure to achieve the minimum amount of cash available following any redemptions by Tuscan stockholders, the failure to meet the Nasdaq listing standards in connection with the consummation of the Proposed Transaction, or the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement; (4) costs related to the Proposed Transaction; (5) a delay or failure to realize the expected benefits from the Proposed Transaction; (6) risks related to disruption of management time from ongoing business operations due to the Proposed Transaction; (7) the impact of the ongoing COVID-19 pandemic; (8) changes in the highly competitive market in which Microvast competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (9) changes in the markets that Microvast targets; (10) risk that Microvast may not be able to execute its growth strategies or achieve profitability; (11) the risk that Microvast is unable to secure or protect its intellectual property; (12) the risk that Microvast’s customers or third-party suppliers are unable to meet their obligations fully or in a timely manner; (13) the risk that Microvast’s customers will adjust, cancel, or suspend their orders for Microvast’s products; (14) the risk that Microvast will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (15) the risk of product liability or regulatory lawsuits or proceedings relating to Microvast’s products or services; (16) the risk that Microvast may not be able to develop and maintain effective internal controls; (17) the outcome of any legal proceedings that may be instituted against Tuscan, Microvast or any of their respective directors or officers following the announcement of the Proposed Combination; (18) risks of operations in the People’s Republic of China; and (19) the failure to realize anticipated pro forma results and underlying assumptions, including with respect to estimated stockholder redemptions and purchase price and other adjustments.

Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Tuscan and Microvast or the date of such information in the case of information from persons other than Tuscan or Microvast, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding Microvast’s industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.

Microvast Investor Relations
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(346) 309-2562

Microvast Public Relations
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Tuscan Holdings Corp.
Investor Relations, ICR
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InterPrivate Capital
Charlotte Luer
Investor Relations
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--#cleanenergy--Ubiquitous Energy, the leader in transparent solar technology, is pleased to announce that it has been awarded another $3 million grant from the California Energy Commission. This new award is in addition to the previously received grant award from 2018 and is coming through the Realizing Accelerated Manufacturing and Production for Clean Energy Technologies (RAMP) program. This award will accelerate the manufacturing and production of the company’s UE Power™ windows, which are transparent renewable energy generating windows.

“We are thrilled that the California Energy Commission selected Ubiquitous Energy to award with another grant. This award is a recognition of the incredible progress our team has made in advancing our UE Power™ transparent solar technology towards commercialization and production,” said Ubiquitous Energy CEO Susan Stone.

Applied directly to glass using standard glass coating equipment, UE Power™ is a highly transparent, color neutral coating. This novel and patent protected technology enables windows that look exactly like traditional windows all while creating clean, renewable energy to further enable smart homes, zero net energy buildings and beyond.

About Ubiquitous Energy

Ubiquitous Energy is the world leader in transparent photovoltaics. Its award-winning UE Power™ technology is the world’s only truly transparent solar product. UE Power™ harvests solar energy and serves as an invisible, onboard source of electricity for a variety of end use products. The thin coating can be applied to the surface of window glass to provide electricity generation and energy efficiency while remaining visibly indistinguishable from the fully transparent standard windows on the market today. Originally spun out of MIT, Ubiquitous Energy is now producing its highly transparent, efficient solar cells and windows in its production facility in Silicon Valley.

For more information, visit www.ubiquitous.energy or contact us as This email address is being protected from spambots. You need JavaScript enabled to view it..

Veeral Hardev
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DALLAS--(BUSINESS WIRE)--Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Great Lakes Renewable Energy, Inc. to Lignetics, Inc. (a holding of Taglich Private Equity, LLC). The acquisition closed March 31, 2021.

Located in Hayward, Wisconsin, Great Lakes Renewable Energy (GLRE) is a wood pellet manufacturer specializing in BBQ wood pellets, primarily under the Lumber Jack Grilling Pellets brand. The Company is the only round log pellet mill in the world that has devoted its future capacity to producing this product, and it is the only mill making a 5.5mm size pellet. GLRE serves over 1,200 recurring customers in various BBQ sub sectors across the globe including seasoning, sporting goods, leisure, and professional meat smoking companies.

Lignetics, headquartered in Louisville, Colorado, is the largest residential wood pellet manufacturing company in the U.S. with a production capacity of over 1.2 million tons of wood pellets per year. The company now operates seventeen manufacturing plants across the U.S. including in the states of Maine, Oregon (2), Idaho, West Virginia, Virginia (2), Wisconsin (4), New Hampshire, New York (2), and Pennsylvania (2) and Quebec Province in Canada.

Founded in 1983, Lignetics is a market leader in turning wood waste into a range of premium eco-friendly 100% natural products across several consumer categories. Consumer categories include residential heating, home grilling, and most recently the pet products category. Consisting of a family of brands, Lignetics is dedicated to bringing innovative products to its consumers under various brands including the Lignetics (residential heating), Lumber Jack Grilling Pellets (through the GLRE acquisition), Bear Mountain BBQ (home grilling) and Catalyst Pet (pet products) brands.

The Company’s innovative eco-friendly offering includes premium wood pellets for super-efficient heating, BBQ pellets that naturally seal in perfect wood-fired flavor, and a superior all-natural high-performance cat litter. Lignetics delivers these innovative all-natural products through national retail partners and directly to consumers via the only national network of wood pellet manufacturing plants spread across the US and Canada with 17 different plant locations. For more information on Lignetics and all its products, visit https://lignetics.com/.

Taglich Private Equity (TPE) is a New York-based, value-oriented financial sponsor that is focused on investing in the lower middle-market. They specialize in recapitalizations, management buyouts, and majority equity investments, targeting manufacturing, business services and consumer products companies. TPE concentrates on finding sound investment opportunities, leveraging a business’s strengths, identifying new market opportunities and providing strategic support to capable management teams.

Since inception in 2001, the Firm has invested more than $650 million in the lower middle market. They look to partner with management teams that can take advantage of their expertise and background in order to optimize their company's growth potential and create long term value. For more information on TPE, visit https://taglichpe.com/.

Generational Capital Markets’ Senior Managing Director of Mergers & Acquisitions, Phil Pizzurro, successfully closed the deal. Senior Managing Director, Rick Buchoz established the initial relationship with GLRE.

“It was an honor working on behalf of the GLRE shareholders and a great pleasure furthering our relationship with Taglich,” said Pizzurro. “GLRE, Lignetics, and TPE all operate with the utmost integrity, which is evident in the loyalty of their employees and satisfaction of their customers. This resulted in the cultural alignment that helped distinguish the group from others.”

Pizzurro added, “Additionally, the strategic fit and synergies that will be realized in this transaction was incomparable. I have full confidence that this partnership will result in sustained future growth for GLRE and offer its employees, customers, and suppliers substantial advancement and expansion opportunities.”

About Generational Capital, LLC

Generational Capital, LLC, is a Dallas, Texas-based merger and acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at https://www.gencm.com/.

Generational Capital and Generational Capital Markets are part of the Generational Group and are affiliated with Generational Equity, LLC, which The M&A Advisor named Investment Banking Firm of the Year in 2016, 2017, and 2018 and Valuation Firm of the Year in 2020.

GCM's most recent awards include The M&A Advisor's 2020 Information Technology Deal of the Year ($10MM-$25MM) and 2020 Private Equity Deal of the Year ($25MM-$50MM).

Carl Doerksen
972-232-1125
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Techstars collaborating with Challenge Partners including Shopify and AWS Startups to seek innovators whose technology solutions can accelerate commerce’s path to Net Zero

BOULDER, Colo.--(BUSINESS WIRE)--Techstars, the worldwide network that helps entrepreneurs succeed, is now accepting entries for the Techstars Sustainability Challenge: Net Zero. The equity-free challenge is looking for startups focused on carbon accounting and measurement, quality carbon offsets and industrial carbon reduction solutions. Judges will select up to ten winners to showcase their solutions at the second Techstars Sustainability Summit in September. At least one winner will receive the opportunity to run a pilot with a Challenge Program Partner such as: AWS Startups, Shopify, Carbon Direct, Equinor, The Heritage Group, Cargill, The Nature Conservancy, Drawdown Labs, Stanley X, My Climate Journey and XPRIZE.

The Techstars challenge will identify technology entrepreneurs and startups who are developing solutions to enable enterprises to achieve their Net Zero objectives, and forge meaningful collaborations to help founders get their innovative solutions to market faster.

The global business community wants to accelerate their climate objectives and is looking to put more financial investment behind them; however, the gap between intention and technology transformation remains wide. The Net Zero Challenge is the second equity-free challenge Techstars will hold in 2021. The first annual Sustainability Challenge in April received more than 300 entries from entrepreneurs and innovators around the world.

“The first Techstars Sustainability Challenge presented an invaluable opportunity for our organization whose sole mission is to tackle problems driven by the environment,” said Tom Rump, founder of mesur.io. The experience provided an unprecedented level of collaboration with corporations throughout the submission process, which has set us up for engagements which will accelerate our growth.”

Submissions will be judged by a panel of carbon reduction and carbon removal experts representing Challenge Partners and Techstars leaders. The submissions will be judged based on (1) problem solution fit, (2) scale of the solutions potential impact, and (3) ability to implement a pilot with an enterprise organization.

“There is a lot of confusion about what Net Zero means and the path to get there,” said Cody Simms, senior vice president of climate and sustainability at Techstars. “Establishing this new challenge will provide startup founders and corporations a clearer path for information gathering, deepen market insights and solutions diligence to feasibly achieve Net Zero goals.”

Entry Categories:

Innovators will submit their entries to one of three categories:

• Carbon Accounting and Measurement - Effective technologies are needed to measure and account for carbon. Combining carbon reduction and carbon removal is a balance and priority on the path to net zero, and these solutions will help companies make progress on that pathway.
• Quality Carbon Offsets - Navigating the ins and outs of offsets is complicated, quality is a serious challenge, and offsets are often assumed to be in great supply. Solutions can include verification technology and leading nature-based options.
• Industrial Carbon Reduction - Reducing carbon supplemented by technology solutions is a primary goal and such solutions are available today. Those that are scalable and can help corporations in the immediate future will be strongly considered.

Timeline:

• April 15, 2021: Applications Open
• Aug. 2, 2021: Applications Close
• Sept 8, 2021: Pilot Workshop - Finalists will participate in a private workshop with Challenge Partners to showcase solutions and to identify opportunities to work together with the intention of identifying opportunities for pilots.
• Sept. 15, 2021: Techstars’ Second Sustainability Summit - Finalists will be invited to pitch to the entire Techstars sustainability network, including corporations and investors. At least one—and potentially more—of the winning proposals will have an opportunity to run a pilot with one of the Challenge Partners.

Follow this Link to enter the Techstars Sustainability Challenge: Net Zero

About Techstars

The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 2,200 companies that today have a combined market cap valuation of $29 Billion. www.techstars.com

Kate Adorno
Actual Agency
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+1 (201) 259-4948

WILLISTON, Vt.--(BUSINESS WIRE)--$ISUN--iSun, Inc. (NASDAQ: ISUN) (“iSun” or the “Company”), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, today announced the completion of the redemption of all of its outstanding public warrants (the “Public Warrants”). On March 9, 2021, the Company issued a press release stating that it would redeem all of its outstanding Public Warrants to purchase shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated March 2, 2016, as amended (the “Warrant Agreement”), by and between the Company (formerly Jensyn Acquisition Corp. and formerly The Peck Company Holdings, Inc.) and Continental Stock Transfer & Trust Company, as Warrant Agent (the “Warrant Agent”), as part of the Units sold in the Company’s initial public offering (the “IPO”) that remained outstanding at 6:30 p.m. New York City time on April 12, 2021 (the “Redemption Date”) for a redemption price of $0.01 per Public Warrant (the “Redemption Price”). Warrants to purchase shares of Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO and that are still held by the initial holders thereof of their permitted transferees were not subject to this redemption.

Of the 4,149,500 Public Warrants that were outstanding as of the date of the Company’s combination with Jensyn Acquisition Corp. in June 2019 and that could be exercised, 3,671,236 were exercised in aggregate, representing approximately 89% of the exercisable warrants. This includes 1,042,116 warrants that were excised since the Company’s redemption notice on March 9, 2021. Accordingly, iSun redeemed the 453,764 unexercised warrants. Total cash proceeds generated from warrant exercises were $21.1 million. Total shares of Common Stock outstanding as of April 12, 2021 were 9,082,659. As of this date, no Public Warrants remain outstanding.

ABOUT iSUN
Headquartered in Williston, VT, iSun, Inc. (NASDAQ: ISUN) is a business rooted in values that align people, purpose, innovation, and sustainability. Ranked by Solar Power World as one of the leading commercial solar contractors in the United States, iSun provides solar energy and clean mobility infrastructure to customers for projects from smart solar mobile phone and electric vehicle charging, up to multi-megawatt renewable energy solutions for commercial, industrial, and utility customers. iSun’s innovations were recognized this year by the Solar Impulse Foundation of Bertrand Piccard as one the globe’s Top 1000 Sustainability Solutions. As a winner, this award will result in the iSun solution being presented to hundreds of government entities around the world, including various municipal, state, and federal agencies in the United States. Since entering the renewable energy market in 2012, iSun has installed over 650 megawatts of rooftop, ground- mount and EV-carport solar systems (equal to power required for 123,500 homes). We continue to focus on profitable growth opportunities. For more information, visit www.isunenergy.com

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about (i) iSun’s plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts; and (ii) other statements identified by words such as “expects” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “targets,” “projects,” or words of similar meaning generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the respective management of iSun and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of iSun. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.

INVESTOR CONTACT
Chase Jacobson
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802-264-2040

LYNCHBURG, Va.--(BUSINESS WIRE)--$BWXT #earnings--BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will webcast a discussion of its first quarter 2021 results on Tuesday, May 4, 2021, at 9:00 a.m. EDT. The company will issue a press release detailing the results after market close on Monday, May 3.

Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 844-850-0542 and (International) 412-317-6014. All participants should ask to be joined into the BWX Technologies (BWXT) call. A replay of the call will remain available on the BWXT website for a limited time.

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Va., BWXT provides safe and effective nuclear solutions for global security, clean energy, environmental remediation, nuclear medicine and space exploration. With approximately 6,700 employees, BWXT has 12 major operating sites in the U.S. and Canada. In addition, BWXT joint ventures provide management and operations at more than a dozen U.S. Department of Energy and NASA facilities. Follow us on Twitter at @BWXTech and learn more at www.bwxt.com

Media Contact
Jud Simmons
Director, Media and Public Relations
434.522.6462
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Investor Contact
Mark Kratz
Vice President, Investor Relations
980.365.4300
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DUBLIN--(BUSINESS WIRE)--The "Outlook 2021: Energy Markets and Politics in the Year Ahead" book has been added to ResearchAndMarkets.com's offering.

Drawing on expert commentary and forecasts from across the industry, and including contributions from chief executives, Wall Street analysts, oil ministers and thought-leaders, Outlook 2021 will offer you the definitive global view of energy markets, economics and politics in 2021.

A forward-looking book which annually informs investors and decision-makers and sets the industry's agenda for the year ahead.

Expert contributors include:

• Randolph Bell
• Anthony Froggatt Kurt
• Abraham Bill Barnes
• Andy Brogan
• Jeroen van Hoof
• Aurelie Nasse
• Sam Gommersal
• Sara Vakhsouri
• Charlotte Wolf-Bye
• Andy Lane
• Michal Meidan

An essential resource for decision-makers

Supported by detailed analysis, data and maps from experts, this impressive new book makes vital reading in preparation for 2021 for leaders and strategists throughout the evolving global energy sector:

• Oil & gas companies - inform and focus your 2021 plans to maximise profits
• Ministries - ensure national energy interests and supply are protected
• Financiers - know the risks and opportunities of current and possible investments
• Consultants - draw on the most timely and authoritative analysis and viewpoints available

Key Topics Covered:

2020 in review

• What happened, when
• Year in quotes
• Year in pictures

Geopolitics

• Blocking Biden's green push - Randolph Bell
• Venezuela stuck on repeat - Eileen Gavin
• US-China rivalry intensifies - Michal Meidan
• Pushing the Saudi reset button - Kristian Coates Ulrichsen
• Brexit trial by fire - Anthony Froggatt
• Putin prepares for White House shift - Kate Mallinson
• Cause for quiet optimism in the East Med- Asma Muttawa and Michael Polkinghorne
• Iranian nuclear talks back on - Sara Vakhshouri

Oil Firms and Oil Markets

• Standing still is not an option for oil firms - Duane Dickson
• Relatively bright future for the North Sea - Daniel Slater
• Southeast Asia evolves into an NOC universe - Prateek Pandey and Eugene Chiam
• In hope of greater certainty - Mike Wittner
• Environment emerges as pandemic winner - Chris Midgley
• Iran, the UAE and Libya to pose Opec+ headaches - Reid L'anson
• US exports shrug off downturn - Daniel Brusstar
• Opec should bear in mind its history - Adi Imsirovic
• China set to take refining top spot - Florian Thaler and Juan Carlos Rodriguez Arguelles
• The costs of competition in China's oil market - Tom Reed
• Refining faces extended Covid effect - Serena Huang
• More change ahead for the shipping sector - John Lowell

Transition

• Silver linings and silver bullets - Andy Brogan
• Five sustainable energy trends to watch - Charlotte Wolff-Bye
• Transforming the transition - David Hemmings
• Funding the transition to net zero - Michael Watson and Sandra Rafferty
• Collaborative approach key to UK CCUS - Andy Lane
• Cautionary tales of climate change - Charles Daly
• Streamlining finance key to African transition - Joel Sam
• The future of energy is being pulled forward - Jeroen van Hoof
• LNG market under increasing pressure - Chris Goncalves, Alayna Tria and Tristan Van Kote

Hydrogen

• Hydrogen pathways depend on local circumstances - Drew Powell
• Hydrogen investment case solidifies - Jigar Shah
• Hydrogen will be the new normal - Sam Gomersall
• Could hydrogen become a viable marine fuel - Sotirios Mamalis
• Hydrogen kaleidoscope comes into focus - Tom Burke and Lisa Fisher
• Green Hydrogen on the horizon - Aurelie Nasse
• Accelerating the hydrogen timeline - Christian Parker and Jorg Aarnes

For more information about this book visit https://www.researchandmarkets.com/r/7blmbe

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Appoints Todd Robinson as Deputy Chief Financial Officer

AMES, Iowa--(BUSINESS WIRE)--$REGI #REG--Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that the company has hired R. Craig Bealmear as Chief Financial Officer, effective April 19, 2021.

Bealmear brings extensive experience from the oil and gas industry, having spent more than 28 years in a variety of finance, strategy and commercial leadership roles across the U.S. and U.K. His most recent role was Chief Financial Officer, North America Fuels at BP.

“We are delighted to have Craig join REG; his extensive background in oil and gas and the downstream fuel industry is a natural fit with our business activities and strategy,” said REG President & CEO Cynthia ‘CJ’ Warner. “Craig will come into REG to lead our finance function at a very important time for REG, as we continue to seek to expand our global footprint through a number of significant growth opportunities.”

As a member of the senior leadership team, Bealmear will lead all financial activities, including Accounting, Financial Planning, IT, Tax, Compliance, Internal Audit, Treasury and Investor Relations.

“I am excited for the opportunity to join the REG team and be part of our mission to bring high quality, low carbon fuels to our customers and value to our investors,” said Bealmear.

Bealmear holds an MBA degree in Finance from The Wharton School: University of Pennsylvania and an undergraduate degree in Business Administration from Bellarmine University (Louisville, KY). Craig serves on the board of the Bellarmine University Rubel School of Business Executive Committee and served on the Limitless Task Force for the Chicago Museum of Science and Industry.

Todd Robinson, currently Interim Chief Financial Officer, is appointed Deputy CFO effective April 19, 2021, and will retain his Treasurer and Vice President, Investor Relations roles. Robinson has made significant contributions in his brief tenure as Interim CFO, including leading our recent successful equity raise.

“Todd’s considerable experience and strength in this critical area of REG’s business is a tremendous asset to the company, and I look forward to his ongoing contributions in this elevated role,” said Warner.

About Renewable Energy Group

Renewable Energy Group, Inc. (NASDAQ: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. REG is North America’s largest producer of biodiesel and an industry leading producer of renewable diesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. REG utilizes a global integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, REG produced 519 million gallons of cleaner fuel delivering over 4.2 million metric tons of carbon reduction. REG is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to Mr. Bealmear’s fit with REG’s business activities and strategy, expansion of REG’s global footprint through significant growth opportunities, bringing high quality, low carbon fuels to REG customers and value to REG investors, and Mr. Robinson’s ongoing contributions in his new position. These forward-looking statements are based on current expectations and assumptions, are subject to change, and actual results may differ materially. Factors that could cause actual results to differ materially include Messrs. Bealmear and Robinson’s ongoing employment with the Company, REG’s ability to execute on its strategic plans and other risks described in REG’s annual report on Form 10-K for the year ended December 31, 2020 and from time to time in the REG’s other periodic filings with the SEC. All forward-looking statements are made as of the date of this press release and REG does not undertake to update any forward-looking statements based on new developments or changes in its expectations.

Katie Stanley
Renewable Energy Group
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(515) 239-8184

DUBLIN--(BUSINESS WIRE)--The "World Gas Map, 2021 Edition" map has been added to ResearchAndMarkets.com's offering.

The World Gas Map explores the international gas markets and associated infrastructure.

Mapping content:

• Major gasfields
• Major gas pipelines (including those under construction and planned)
• LNG import terminals and export plants (including those under construction)
• GTL projects

Tables:

• World gas production by region
• World gas consumption by region
• LNG trade movements, detailing exports and imports by country in Bn cm
• Primary natural gas demand forecast by region
• Timeline for 2020 detailing major developments in gas exploration, production, and discovery, by month

Inset maps:

• Trinidad and Tobago
• Deepwater Gulf of Mexico (United States)
• East Africa
• Northwest Shelf (Australia)
• Indonesia (Makassar Strait)
• Japan (LNG import terminals)
• Permian Basin (United States)
• East Mediterranean

Technical specs:

• Size: 1,260mm x 891mm
• Style: Landscape
• Scale: 1, 23,000,000

For more information about this map visit https://www.researchandmarkets.com/r/5q98f7

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Ms. Cepak replaces Mark A. (Mac) McFarland as the Chair following his appointment as the permanent President and Chief Executive Officer of the Company on March 22, 2021. Mr. McFarland will continue to serve as a director the Company.

Mr. McFarland, President and Chief Executive Officer, said, “With 26 years of experience in the energy industry, we look forward to Ms. Cepak’s leadership of our board. TJ brings tremendous expertise to the role, and her appointment as Chair separates the role of Chair from that of President and Chief Executive Officer and demonstrates our Board’s commitment to strong corporate governance practices.”

Ms. Cepak, Chair of the Board of Directors, said, “Mr. McFarland’s service as Chair of the Board has been critical in guiding the Company following its emergence from bankruptcy. I look forward to his continuing input as a director, and his ongoing leadership as the Company’s President and Chief Executive Officer.”

Ms. Cepak has served as a director of Patterson-UTI since August 2014 and as a director of Penn Virginia Corporation since September 2019. Ms. Cepak served as the Chief Financial Officer of Energy XXI Gulf Coast Inc. from August 2017 to October 2018 and as the Chief Financial Officer of KLR Energy (and, subsequent to its business combination, Rosehill Resources Inc.) from January 2015 to June 2017. She served as a director of Yates Petroleum Corporation, a privately owned, independent oil and gas exploration and production company, from October 2015 to October 2016. Ms. Cepak served four years as the Chief Financial Officer of EPL Oil & Gas, Inc., and was further appointed Executive Vice President in January 2014, and she served in those roles until June 2014, when EPL was sold. Prior to joining EPL in 2000, she was a Senior Reservoir Engineer with Exxon Production Company and ExxonMobil Company with operational roles including reservoir engineering and subsurface completion engineering for numerous offshore Gulf of Mexico properties. Ms. Cepak holds a B.S. in Engineering from the University of Illinois and an M.B.A. in Management with a concentration in Finance from Tulane University.

About California Resources Corporation (CRC)

California Resources Corporation (CRC) is an independent oil and natural gas exploration and production company, applying complementary and integrated infrastructure to gather, process and market its production. Using advanced technology, CRC focuses on safely and responsibly supplying affordable energy.

Joanna Park (Investor Relations)
818-661-3731
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Richard Venn (Media)
818-661-6014
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR’s financial and operational performance for the second quarter of fiscal 2021.

A few minutes prior to the webcast, go to njresources.com and select “Investor Relations.” Scroll down and click the link to the conference call under “Latest Events” on the right side of the page and click on the webcast link.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

• New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean, Morris, Middlesex and Burlington counties.
• NJR Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 357 megawatts, providing residential and commercial customers with low-carbon solutions.
• NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
• Storage & Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline Project, as well as our 50 percent equity ownership in the Steckman Ridge natural gas storage facility, and our 20 percent equity interest in the PennEast Pipeline Project.
• NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its nearly 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®. For more information about NJR: www.njresources.com.

Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.

NJR-E

Media Contact:
Michael Kinney
732-938-1031
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Investor Contact:
Dennis Puma
732-938-1229
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #esg--Bloom Energy Corp. (NYSE: BE) today announced the release of its inaugural Sustainability Report.

Sustainability is a priority for Bloom Energy; with the issuance of this report, it memorializes the company’s past efforts while charting its commitment to a sustainable future. The report is aligned with both the Sustainability Accounting Standards Board (SASB) and Taskforce on Climate-Related Financial Disclosure (TCFD) reporting frameworks. It outlines the evolution of the company’s sustainability related management framework and the technical innovations driving its strategic growth levers, both of which are key to keeping Bloom at the forefront of a rapidly evolving energy sector.

The report also addresses the:

• Topics acknowledged as materially important by the company’s stakeholders;
• Impact of Bloom’s flexible and modular solutions, including emerging biogas, carbon capture utilization and storage (CCUS), hydrogen, and marine applications;
• Alignment of Bloom’s business and technology strategy with a 2050 net-zero scenario and;
• Impact of the proceeds allocated to date from the company’s issued green notes

“We are excited to share our first-ever Sustainability Report. As I look back at 2020 – a year that impacted society and the planet in ways previously unimaginable – I firmly believe that yesterday’s tragedies forced us to take stock of the world around us and recognize what is essential to the continued functioning of society,” said KR Sridhar, founder, chairman and chief executive officer of Bloom Energy. “2020 forced all of us to reflect on our operations and best practices. And, while we are proud of the strong corporate citizenship and resiliency we exhibited during the year, we know we can do even more. We demonstrated collective resilience in the face of crisis, which enabled us to both persevere and envision a better tomorrow. Our mission at Bloom is to make clean, reliable, energy affordable for everyone in the world. 2020 certainly pushed us one step closer to that goal.”

For more information and to read the full report, please visit Bloom Energy’s sustainability website at: bloomenergy.com/sustainability.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The Company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

Investor Relations:
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Media:
Jennifer Duffourg
Bloom Energy
+1 (480) 341-5464
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DUBLIN--(BUSINESS WIRE)--The "Former Soviet Union Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects" report has been added to ResearchAndMarkets.com's offering.

The total number of oil and gas projects in the Former Soviet Union expected to start operations from 2021 to 2025 are 536. Of these, upstream projects would be 73, midstream at 124 projects, refineries at 112, and petrochemicals would be the highest with 227 projects.

Scope

• Updated information on oil and gas, planned and announced projects in the Former Soviet Union with start years up to 2025
• Provides projects breakdown by sector, project type, and project stage at regional and country level
• Provides key details such as project development stage, capacity, and project cost for planned and announced projects in the Former Soviet Union, wherever available
• Provides EPC contractor, design/FEED contractor, and other contractor details for oil and gas projects, wherever available

Reasons to Buy

• Obtain the most up to date information available on planned and announced projects in the Former Soviet Union across the oil and gas value chain
• Identify growth segments and opportunities in the Former Soviet Union oil and gas industry
• Facilitate decision making based on strong oil and gas projects data
• Assess key projects data of your competitors and peers

Key Topics Covered:

1. Introduction

1.1 What is this Report About?

1.2 Market Definition

2. Oil and Gas Projects Outlook in Former Soviet Union

2.1 Oil and Gas Projects in Former Soviet Union, Overview of Projects Data

2.2 Oil and Gas Projects in Former Soviet Union, Projects by Sector

2.3 Oil and Gas Projects in Former Soviet Union, Projects by Type

2.4 Oil and Gas Projects in Former Soviet Union, Projects by Stage

2.5 Oil and Gas Projects in Former Soviet Union, Projects by Key Countries

3. Oil and Gas Projects Outlook in Russia

3.1 Oil and Gas Projects in Russia, Overview of Projects Data

3.2 Oil and Gas Projects in Russia, Projects by Sector

3.3 Oil and Gas Projects in Russia, Projects by Type

3.4 Oil and Gas Projects in Russia, Projects by Stage

3.5 Oil and Gas Projects in Russia, Projects Development Stage, Capacity, Project Cost, and Contractor Details

4. Oil and Gas Projects Outlook in Kazakhstan

4.1 Oil and Gas Projects in Kazakhstan, Overview of Projects Data

4.2 Oil and Gas Projects in Kazakhstan, Projects by Sector

4.3 Oil and Gas Projects in Kazakhstan, Projects by Type

4.4 Oil & Gas Projects in Kazakhstan, Projects by Stage

4.5 Oil and Gas Projects in Kazakhstan, Projects Development Stage, Capacity, Project Cost, and Contractor Details

5. Oil and Gas Projects Outlook in Uzbekistan

5.1 Oil and Gas Projects in Uzbekistan, Overview of Projects Data

5.2 Oil and Gas Projects in Uzbekistan, Projects by Sector

5.3 Oil and Gas Projects in Uzbekistan, Projects by Type

5.4 Oil & Gas Projects in Uzbekistan, Projects by Stage

5.5 Oil and Gas Projects in Uzbekistan, Projects Development Stage, Capacity, Project Cost, and Contractor Details

6. Oil and Gas Projects Outlook in Azerbaijan

6.1 Oil and Gas Projects in Azerbaijan, Overview of Projects Data

6.2 Oil and Gas Projects in Azerbaijan, Projects by Sector

6.3 Oil and Gas Projects in Azerbaijan, Projects by Type

6.4 Oil & Gas Projects in Azerbaijan, Projects by Stage

6.5 Oil and Gas Projects in Azerbaijan, Projects Development Stage, Capacity, Project Cost, and Contractor Details

7. Oil and Gas Projects Outlook in Turkmenistan

8. Oil and Gas Projects Outlook in Belarus

9. Oil and Gas Projects Outlook in Ukraine

10. Oil and Gas Projects Outlook in Lithuania

11. Oil and Gas Projects Outlook in Georgia

12. Oil and Gas Projects Outlook in Estonia

13. Oil and Gas Projects Outlook in Latvia

14. Oil and Gas Projects Outlook in Tajikistan

15. Oil and Gas Projects Outlook in Armenia

16. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/y82qm

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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• Net sales of $21.3 million for the quarter and $84.7 million for the year
• Net loss of $2.5 million for the quarter and $7.6 million for the year
• Backlog of $52.6 million at January 31, 2021

NILES, Ill.--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2020 fiscal year ended January 31, 2021.

"Revenue for the fourth quarter was $21.3 million, $11.0 million below the same quarter last year, and net loss was $2.5 million compared to a net income of $1.5 million in the same quarter of 2019. For the year ended January 31, 2021, revenues of $84.7 million were $42.9 million below the prior year. The resulting net loss of $7.6 million compares to a prior year net income of $3.6 million,” noted President and CEO David Mansfield.

"The negative impact on the Company’s results due to the impact of the COVID-19 pandemic and the reduction in capital spending in the oil and gas industry continued into the fourth quarter. This past year has been an extremely challenging one, presenting many obstacles that were never anticipated. Most of the adverse conditions for the Company arose as a result of delays to clients’ construction schedules, which has resulted in the postponement of project executions into 2021. The effect of the pandemic on our markets has continued longer than we had hoped and it has been significant. Our revenues reduced by over 30% versus 2019. This required us to reconfigure our fixed cost base, which we did successfully, allowing us to retain our capabilities to be available for the expected recovery.

"The development and rapid distribution of vaccines is considered to indicate a major step in a ‘return to normal’. Indeed, the indications of a recovery appear to be reflected recently in an increased level of business development activity and an increase in our backlog. Numerous projects that have been delayed are now moving forward, and it is our expectation that we are commencing a period when we can finally resume execution on projects and begin recovering the position that has been lost. Our backlog currently stands at $52.6 million, which reflects an increase of $5.8 million from the backlog at January 31, 2020. The fourth quarter saw an increase in backlog of almost $8 million, including some large project awards in the UAE, India and Saudi Arabia,” Mr. Mansfield continued.

“Until our levels of activity fully resumes, we will continue to carefully manage costs and capital expenditures, while balancing the ability to be able to take advantage of the market opportunities we foresee,” concluded Mr. Mansfield.

Fourth Quarter Fiscal 2020 Results

Net sales decreased 34% to $21.3 million in the fourth quarter from $32.3 million in the prior year quarter. This decrease was a result of lower sales volumes driven by the impact of lower oil prices, combined with project delays arising as a result of the COVID-19 pandemic. The Company expects these delayed projects to commence in 2021.

Gross profit decreased to 11% of net sales, or $2.4 million in the fourth quarter, from 22% of net sales, or $7.0 million, in the prior year quarter. This decrease was driven primarily by lower sales volumes.

General and administrative expenses decreased to $3.9 million in the fourth quarter, compared to $5.0 million in the prior year quarter. This 22% decrease was due primarily to cost cutting measures enacted as a result of the COVID-19 pandemic.

Selling expenses were flat at $1.2 million in both the fourth quarter and prior year's quarter.

Net interest expense decreased to income of less than $0.1 million in the fourth quarter, compared to expense of $0.3 million in the prior year quarter. This decrease was primarily the result of lower interest rates and income recognized for gains on our pension plan assets.

Net income/(loss) decreased to a loss of $2.5 million in the fourth quarter from income of $1.5 million in the prior year quarter. This decrease was a result of lower sales volumes driven by the impact of lower oil prices, combined with project delays arising as a result of the COVID-19 pandemic. The Company expects these delayed projects to commence in 2021.

2020 Results

Net sales were $84.7 million in fiscal 2020, a decrease of $42.9 million, or 33.7%, from $127.7 million in fiscal 2019. This decrease was a result of lower sales volumes driven by the impact of lower oil prices, combined with project delays arising as a result of the COVID-19 pandemic. The Company expects these delayed projects to commence in 2021.

Gross profit decreased to $11.2 million, or 13.2% of net sales, in fiscal 2020, a decrease of $17.8 million, or 61.5%, from $29.0 million, or 22.8% of net sales, in fiscal 2019. This decrease was primarily driven by lower sales volumes.

General and administrative expenses were $17.2 million in fiscal 2020 compared to $18.9 million in fiscal 2019, a decrease of $1.7 million, or 9.0%. This decrease was driven primarily by cost cutting measures enacted as a result of the COVID-19 pandemic.

Selling expenses increased by $0.1 million, from $5.2 million in 2019 to $5.3 million in 2020. This increase was primarily due the addition of new sales employees and severance for terminated employees in the current year, partially offset by lower overall personnel costs.

Interest expense decreased to $0.4 million in fiscal 2020 from $0.9 million in fiscal 2019 due to lower net borrowings during 2020.

Income tax expense decreased to a benefit of $0.1 million in fiscal 2020 compared to expense of $1.5 million in fiscal 2019. The decrease of $1.6 million was due primarily to changes to the mix of income in various jurisdictions.

The resulting net loss of $7.6 million in 2020 was an $11.2 million decrease from the net income of $3.6 million in 2019. This decrease was a result of lower sales volumes driven by the impact of lower oil prices, combined with project delays arising as a result of the COVID-19 pandemic. The Company expects these delayed projects to commence in 2021.

Percentages set forth above in this press release have been rounded to the nearest percentage point, and may not exactly correspond to the comparative data presented.

Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings is a global leader in pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, Perma-Pipe has operations at seven locations in five countries.

Forward-Looking Statements

Certain statements and other information contained in this press release that can be identified by the use of forward-looking terminology constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby, including, without limitation, statements regarding the expected future performance and operations of the Company. These statements should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, the following: (i) the impact of the coronavirus ("COVID-19") on the Company's results of operations, financial condition and cash flows; (ii) fluctuations in the price of oil and natural gas and its impact on the customer order volume for the Company's products; (iii) the Company's ability to comply with all covenants in its credit facilities; (iv) the Company’s ability to repay its debt and renew expiring international credit facilities; (v) the Company's ability to obtain forgiveness of its loan under the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP"); (vi) the Company’s ability to effectively execute its strategic plan and achieve profitability and positive cash flows; (vii) the impact of global economic weakness and volatility; (viii) fluctuations in steel prices and the Company’s ability to offset increases in steel prices through price increases in its products; (ix) the timing of order receipt, execution, delivery and acceptance for the Company’s products; (x) decreases in government spending on projects using the Company’s products, and challenges to the Company’s non-government customers’ liquidity and access to capital funds; (xi) the Company’s ability to successfully negotiate progress-billing arrangements for its large contracts; (xii) aggressive pricing by existing competitors and the entrance of new competitors in the markets in which the Company operates; (xiii) the Company’s ability to purchase raw materials at favorable prices and to maintain beneficial relationships with its suppliers; (xiv) the Company’s ability to manufacture products free of latent defects and to recover from suppliers who may provide defective materials to the Company; (xv) reductions or cancellations of orders included in the Company’s backlog; (xvi) the Company's ability to collect an account receivable related to a project in the Middle East; (xvii) risks and uncertainties related to the Company's international business operations; (xviii) the Company’s ability to attract and retain senior management and key personnel; (xix) the Company’s ability to achieve the expected benefits of its growth initiatives; (xx) the Company’s ability to interpret changes in tax regulations and legislation; (xxi) the Company's ability to use its net operating loss carryforwards; (xxii) reversals of previously recorded revenue and profits resulting from inaccurate estimates made in connection with the Company’s percentage-of-completion revenue recognition; (xxiii) the Company’s failure to establish and maintain effective internal control over financial reporting; and (xiv) the impact of cybersecurity threats on the Company’s information technology systems. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at https://www.sec.gov and under the Investor Center section of our website (http://investors.permapipe.com.)

Perma-Pipe’s Form 10-K for the 2020 fiscal year ended January 31, 2021 will be accessible at www.sec.gov and www.permapipe.com. For more information, visit the Company's website.

David Mansfield, President and CEO
Perma-Pipe Investor Relations
(847) 929-1200
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BEIJING--(BUSINESS WIRE)--Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species.

Under this circumstance, Chinese President Xi Jinping, French President Emmanuel Macron, and German Chancellor Angela Merkel held a virtual meeting Friday on climate change, ahead of the Leaders' Climate Summit on Earth Day convened by the U.S., scheduled next week.

Emphasizing that he always advocates building a community with a shared future for mankind, the Chinese president voiced his willingness to strengthen cooperation with France and Germany on climate change.

"Tackling climate change is a common cause for all mankind and it should not become a geopolitical bargaining chip, a target for attacking other countries, or an excuse for trade barriers," he added.

China's inspiring pledge

President Xi on Friday's meeting reiterated China's ambitious climate target to bring the country's carbon dioxide emissions peak before 2030 and achieve carbon neutrality before 2060.

"This means that China, the world's largest developing country, will complete the world's highest reduction in carbon intensity and move from carbon peak to carbon neutral in the world's shortest time."

The 14th Five-Year Plan unveiled that China's energy consumption per unit of GDP and carbon dioxide emissions per unit of GDP will be reduced by 13.5 percent and 18 percent, respectively, between 2021 and 2025. It also aims to increase the share of non-fossil energy in total energy consumption to around 20 percent.

According to Climate Action Tracker (CAT), if China's goal of carbon neutrality before 2060 is achieved, it will alone lower global warming projections by around 0.2 to 0.3 degrees Celsius, the biggest single reduction ever estimated by CAT.

Meanwhile, China's commitment goes beyond the 2065-2070 global carbon neutrality schedule under the Paris Agreement 2 degrees Celsius scenario, which could move global carbon neutrality ahead by 5-10 years.

Walking the talk

"The Chinese side honors our promises with concrete actions," President Xi told Macron and Merkel, adding that China has incorporated peaking carbon emissions and achieving carbon neutrality into overall layout of building an ecological civilization and endeavored to build a green and low-carbon circular economy.

China, with its economic progress over the past decades largely powered by coal, is now among the world's biggest investors in renewable energy, owning 30 percent of the world's installed capacity of renewable energy.

The share of clean energy consumption in the country has risen from 19.1 percent in 2016 to 24.3 percent in 2020, data from the National Bureau of Statistics showed.

A 2019 study using data from NASA satellites shows that global green leaf area has increased by five percent since the early 2000s, with at least 25 percent of that gain coming in China.

China's forest coverage rate has risen from 12 percent in the early 1980s to 23.04 percent in 2020.

As President Xi also mentioned at the summit, China has been actively working with other countries to cope with climate change especially under the South-South cooperation framework.

According to the Ministry of Ecology and Environment, China has so far signed 38 cooperation agreements on climate change with 35 countries and helped train 2,000 officials and technical personnel from 120 developing countries.

https://news.cgtn.com/news/2021-04-16/Xi-attends-China-France-Germany-leaders-climate-summit-via-video-link-ZvGSANIQQE/index.html

Media:
Jiang Simin
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+86 18826553286

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended March 31, 2021, which is flat quarter over quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on May 14, 2021, to unitholders of record as of May 7, 2021.

Crestwood plans to report financial results for the first quarter 2021 on Tuesday, April 27, 2021, before the New York Stock Exchange opens for trading. Following the announcement, management will host a conference call for investors and analysts at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) that day to discuss the operating and financial results. Crestwood will provide an update on its operations and financial strategy at that time. The call will be broadcast live over the internet via audio webcast. Investors will be able to connect to the webcast via the “Investors” page of Crestwood’s website at www.crestwoodlp.com. Please log in at least ten minutes in advance to register and download any necessary software. A replay will be available shortly after the call for 90 days.

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling, and marketing of NGLs; gathering, storage, terminalling and marketing of crude oil; and gathering and disposal of produced water. Visit Crestwood Equity Partners LP at www.crestwoodlp.com; and to learn more about Crestwood’s sustainability efforts, please visit https://esg.crestwoodlp.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.

Tax Notice to Foreign Investors

This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note that 100% of Crestwood’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Crestwood’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not Crestwood, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.

Crestwood Equity Partners LP
Investor Contacts

Josh Wannarka, 713-380-3081
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Senior Vice President, Investor Relations, ESG & Corporate Communications

Rhianna Disch, 713-380-3006
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Director, Investor Relations

Sustainability and Media Contact

Joanne Howard, 832-519-2211
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Vice President, Sustainability and Corporate Communications

DUBLIN--(BUSINESS WIRE)--The "Inertial Systems Market in Energy and Infrastructure - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The inertial systems market in energy and infrastructure was valued at USD 1.13 billion in 2020, and it is expected to reach USD 2.33 billion by 2026 and grow at a CAGR of 12.9% over the forecast period (2021-2026).

Companies Mentioned

• Analog Devices Inc.
• Bosch Sensortec GmbH
• ST Microelectronics NV
• Honeywell International Inc.
• Invensense Inc.
• Northrop Grumman Corporation
• Safran Group (SAGEM)
• Silicon Sensing Systems Ltd
• Vector NAV Technologies
• Thales Group

MEMs to Hold Significant Market Growth in the Oil and Gas Sector

• In the oil and gas industry, exploration and survey are one of the most important tasks. Computers, with the help of MEMs and other supplementing equipment, aid the exploration activity in the ocean. In deep oceans, getting real-time measurements of various parameters is critical and important for a company to decide to go ahead or drop the activity.
• In recent years, microelectromechanical system (MEMS) sensors have been extensively used in navigation fields due to their small size, rigidity, and low-cost consumption. Thus, MEMS-based MWD technology has gained much attention and can potentially be applied in very small diameter well drilling activities in the oil and gas sector with satisfactory precision.
• Stand-alone MEMS-based SINS (strap-down inertial navigation system) provides a short-term accurate navigation solution. Therefore, the following aiding information is also used as updates for the MEMS-based SINS in the drilling procedure. This system provides benefits in the growth of the MEMs for intertial system.
• The new GyroSphere MEMS gyro service from Schlumberger, the United States, delivers all three benefits to operators. Unlike any other gyro-surveying-while-drilling offer in the oilfield at present, the service delivers more transparent gyro-surveying data that increases drilling operation efficiency and tool reliability while improving access to small-target reservoirs.
• The oil and gas industry in the United Kingdom make 1.42 million BOE (barrel of oil equivalent) per day. Also, about 98% of production comes from offshore fields and the services industry in Aberdeen has been a leader in developing technology for hydrocarbon extraction offshore. Due to its increasing market value in the future for oil and gas construction, the demand for MMEs will increase highly for inertial system.

North America Witness Significant Market Share

• North America accounted for the maximum share in the market, with the United States contributing the most significantly. The foremost demand for inertial systems in the region comes from the maritime sector, owing to the renewed emphasis on oil exploration activities. The exploration activities of oil rigs require high-performance gyroscopes, IMUs, and accelerometers to provide a right self-contained sensing system and highly accurate solutions for platform stabilization.
• The region is witnessing a growth in the development of new high-performance accelerometers as companies in this region are investing in introducing advanced and innovative accelerometers. The increased spending by the energy sector is the major factor driving the growth of accelerometers in the region.
• Investment in surface and lease equipment necessary for onshore wells and production platforms in the Gulf of Mexico may lead to the growth of the inertial systems market in this region.
• Increase in the number of applications and technological advancements, across the region, provides lucrative opportunities to the inertial systems. Overall, competitive rivalry among the existing competitors is high. Hence, the vendors are keen on increasing their spending on R&D and product portfolio enhancement, in order to increase their market shares.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Industry Value Chain Analysis

4.3 Industry Attractiveness - Porter's Five Force Analysis

4.4 Market Drivers

4.4.1 Emergence of MEMS Technology

4.4.2 Increasing Applications Based on Motion Sensing

4.5 Market Restraints

4.5.1 Integration Drift Error

5 MARKET SEGMENTATION

5.1 Component

5.1.1 Standalone (Accelerometers Gyroscope)

5.1.2 Integrated (IMUs and Attitude Heading and Reference Systems)

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia-Pacific

5.2.4 Latin America

5.2.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Analog Devices Inc.

6.1.2 Bosch Sensortec GmbH

6.1.3 ST Microelectronics NV

6.1.4 Honeywell International Inc.

6.1.5 Invensense Inc.

6.1.6 Northrop Grumman Corporation

6.1.7 Safran Group (SAGEM)

6.1.8 Silicon Sensing Systems Ltd

6.1.9 Vector NAV Technologies

6.1.10 Thales Group

6.2 Investment Analysis

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/mfae17

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HAMILTON, Bermuda--(BUSINESS WIRE)--April 15, 2021 - Triton International Limited (NYSE:TRTN) will host its first quarter 2021 earnings conference call on April 29, 2021 at 8:30 a.m. Eastern Time. The earnings announcement and presentation will be released by 7:00 a.m. that morning and will be available on www.trtn.com.

The conference call will be Webcast, and an archive of the Webcast will be available one hour after the live call. To access the live Webcast or archive, please visit the Company’s website at www.trtn.com. Please allow extra time prior to the call to visit the site and download any necessary software that may be needed to listen to the Webcast.

To listen by phone, please dial in approximately 15 minutes prior to the start time and reference the Triton International Limited conference call.

Live Teleconference Dial-In:
Domestic: 1-877-418-5277
International: 1-412-717-9592

Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of over 6.2 million twenty-foot equivalent units ("TEU"), Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.

Triton International Limited
Andrew Greenberg, 914-697-2900
Senior Vice President
Business Development & Investor Relations