KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (TOKYO: 6971) today announced its consolidated third-quarter financial results for the fiscal year ending March 31, 2021. Results are summarized below, both as an aggregation of Kyocera’s first three fiscal quarters (the “period,” i.e., nine months), and as the third quarter alone (the “quarter,” i.e., three months) ended Dec. 31, 2020. Complete details are available at: https://global.kyocera.com/ir/library/f_results.html

Consolidated Financial Highlights: Nine Months Ended December 31, 2020

Summary

While economic impact from the COVID-19 pandemic has been improving gradually, sales revenue and profit decreased in both the Components Business and the Equipment & Systems Business compared to the prior-year period.

In the Components Business, sales revenue was driven by rising production of 5G smartphone handsets globally, plus increased demand for fine ceramic components used in semiconductor processing equipment; however, sales of automotive and industrial components decreased compared to the prior-year period. In the Equipment & Systems Business, sales revenue declined due mainly to decreased demand for document printers, multi-function peripherals (MFPs), and consumables in the Document Solutions Group. As a result, sales revenue for the combined three fiscal quarters decreased by 8.1%, to JPY1,100,534 (USD10,582) million, compared to the prior-year period.

Profit decreased compared to the prior-year period due to lower sales revenue and the recording of an impairment loss in the amount of JPY11,518 (USD111) million in the Smart Energy Business. Operating profit decreased by 54.7%, to JPY42,983 (USD413) million; profit before income taxes decreased by 38.4%, to JPY87,216 (USD839) million; and profit attributable to owners of the parent decreased by 36.9%, to JPY63,931 (USD615) million, compared to the prior-year period.

Average exchange rates for the period show the Japanese yen strengthened by 2.8% against the U.S. dollar, to JPY106, and weakened by 0.8% against euro, to JPY122. As a result, sales revenue and profit before income taxes were reduced by approximately JPY 10 billion (USD96 million) and JPY 1 billion (USD10 million), respectively, as compared to the prior-year period.

Consolidated Financial Highlights: Third Quarter

Guidance for the Fiscal Year Ending March 31, 2021

The Company’s consolidated full-year sales and profit forecast remains unchanged from that announced in April 2020. Although sales revenue and profit for the first three fiscal quarters decreased compared to the corresponding prior-year period, operating results have regained an upward trend from this year’s first-quarter low. The three months ending March 31, 2021 are not without COVID-19-related risk; however, we expect sustained demand for component products supporting the continuing 5G conversion and semiconductor technology evolution. In addition, revenue in the Equipment & Systems Business is also expected to increase due to the launching of new products. The company will continue to reduce costs and increase productivity thoroughly in our aim to achieve the original forecasts.

Consolidated Forecast: Year Ending March 31, 2021

Forward‐Looking Statements

Please refer to https://global.kyocera.com/ir/disclaimer.html

About KYOCERA

Kyocera Corporation (TOKYO:6971, https://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2020, the company’s consolidated sales revenue totaled 1.6 trillion yen (approx. US$14.7 billion). Kyocera is ranked #549 on Forbes magazine’s 2020 “Global 2000” list of the world’s largest publicly traded companies.

KYOCERA Corporation (Japan)
Corporate Communications
Kenichi Hara
Tel: +81-(0)75-604-3416
Fax:+81-(0)75-604-3516
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Website: https://global.kyocera.com/

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that Frances M. Vallejo has been appointed to serve on the Board of Directors of its general partner.

Ms. Vallejo brings more than 30 years of experience in energy and finance. From 1987 to 2016, Ms. Vallejo held numerous leadership positions at ConocoPhillips (NYSE:COP), one of the world’s largest independent exploration and production companies, including vice president of corporate planning and development, and vice president and treasurer. She also held other geophysical, commercial and finance roles during this period. She served as a member of the Board of Trustees of Colorado School of Mines from 2010 until 2016 and is currently a member of the Colorado School of Mines Foundation Board of Governors. Ms. Vallejo holds a Bachelor of Science in mineral engineering mathematics from Colorado School of Mines and a Masters of Business Administration from Rice University, where she was named a Jones Scholar. Ms. Vallejo also serves on the board of directors of Cimarex Energy Co. (NYSE:XEC) where she is a member of the Audit Committee, the Nominating and Corporate Governance Committee and provides board oversight of the company’s approach to sustainability.

“We are very pleased that Frances Vallejo has agreed to join the board of Crestwood and add her considerable industry experience to help drive Crestwood’s long-term financial and sustainability strategies,” said Robert G. Phillips, Chairman, President and Chief Executive Officer of Crestwood’s general partner. “She’s an exceptional leader whose breadth of knowledge in the finance and energy markets will be invaluable to Crestwood as we look to expand our midstream business portfolio and enhance our commitment to being a leader in ESG/Sustainability. Frances will also serve as an excellent mentor for Crestwood employees who value her business acumen, diverse outlook and leadership style.”

With the appointment of Ms. Vallejo, the Crestwood Board of Directors consists of nine members, six of whom are independent. Ms. Vallejo will serve on the Audit, Finance and Sustainability Committees.

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 Equity 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.

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

TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported improved financial and operating performance for the quarter ended December 31, 2020 (the “2020 Quarter”) compared to the quarter ended September 30, 2020 (the “Sequential Quarter”). Increased coal sales and oil & gas royalty revenues drove total consolidated revenues higher by 3.1% to $366.5 million compared to the Sequential Quarter. Higher revenues led to increased net income and EBITDA, which rose 28.8% to $35.0 million and 2.1% to $121.4 million, respectively, each compared to the Sequential Quarter. (Unless otherwise noted, all references in the text of this release to “net income (loss)” refer to “net income (loss) attributable to ARLP.” For a definition of EBITDA and related reconciliation to the comparable GAAP financial measure, please see the end of this release.)

Total revenues in the 2020 Quarter were 19.2% lower compared to the quarter ended December 31, 2019 (the “2019 Quarter”), reflecting the impacts of reduced global energy demand resulting from the COVID-19 pandemic. Lower revenues were more than offset by ARLP’s expense reduction initiatives implemented during 2020 in response to the pandemic, leading to a 35.6% increase in net income for the 2020 Quarter compared to the 2019 Quarter. EBITDA declined by 3.8% compared to the 2019 Quarter due to lower oil & gas volumes and prices in the 2020 Quarter.

ARLP’s performance and results for the year ended December 31, 2020 (the “2020 Year”) were also impacted by the effects of pandemic-related disruptions. Compared to the year ended December 31, 2019 (the “2019 Year”), total revenues for the 2020 Year decreased 32.3% to $1.33 billion. Lower revenues and a non-cash goodwill impairment charge of $132.0 million, partially offset by lower operating expenses, resulted in a net loss of $129.2 million. This compares to net income of $399.4 million for the 2019 Year, which included a non-cash net gain of $170.0 million related to the AllDale Acquisition. Excluding the impact of non-cash items, Adjusted net income and Adjusted EBITDA for the 2020 Year decreased to $27.8 million and $386.7 million, respectively, compared to $244.6 million and $599.0 million, respectively, for the 2019 Year. (For definitions of Adjusted net income and Adjusted EBITDA and related reconciliations to comparable GAAP financial measures, please see the end of this release.)

“I am extremely proud of ARLP’s performance and accomplishments during the unprecedented turmoil we experienced in 2020,” said Joseph W. Craft III, Chairman, President and Chief Executive Officer. “Amid the uncertainties created by the COVID-19 pandemic, ARLP’s operating teams performed heroically to ensure that our essential coal production remained available to our customers to protect the reliability of the life-sustaining, critical infrastructure of the electric grid supporting the communities we serve. Our coal operations demonstrated their flexibility and resiliency by adjusting production in response to rapidly changing circumstances, all while implementing enhanced health and safety protocols designed to mitigate the impact of the virus. Despite the disruptions encountered during the year, through their decisive actions our coal mining operations delivered the best safety results in ARLP’s history.”

Mr. Craft added, “Throughout the year, the entire Alliance organization remained laser-focused on protecting our financial position and liquidity by optimizing cash flow, reducing debt and working capital and controlling capital expenditures and expenses, which yielded impressive results. During 2020, ARLP –

• Reduced capital expenditures by 60.4% or $184.8 million
• Reduced operating expenses by 27.2% or $322.4 million
• Reduced G&A expense by 18.1% or $13.2 million
• Reduced total debt and finance lease obligations by 24.9% or $197.1 million
• Reduced working capital by 23.0% or $31.6 million
• Generated $279.5 million of free cash flow, an increase of 33.7%
• Increased liquidity by 80.7% or $219.9 million

The sacrifices and tireless efforts of our employees kept ARLP strong during the uncertainties of 2020 and have us well positioned entering 2021.” (For a definition of free cash flow and related reconciliation to the comparable GAAP financial measure, please see the end of this release.)

Financial and Liquidity Update

Our ongoing efforts to optimize cash flows, reduce working capital requirements and strictly control capital expenditures and expenses continue to yield positive benefits. During the 2020 Quarter, ARLP generated free cash flow of $90.6 million, reduced debt and finance lease obligations by $67.8 million and increased liquidity by $70.2 million. We ended 2020 with total leverage of 1.53 times, a 9.5% improvement from the Sequential Quarter, keeping ARLP comfortably in compliance with all debt covenants, including its total leverage covenant of 2.5 times.

As previously announced, the Board of Directors of ARLP's general partner (the “Board") suspended the cash distribution to unitholders for the 2020 Quarter. The Board intends to reassess its distribution policy at its meeting following the quarter ending March 31, 2021. Future unitholder distributions will be subject to ongoing board review of a number of factors including business and market conditions, ARLP’s future financial and operating performance outlook and other capital allocation priorities.

ARLP’s coal sales volumes increased in both the Illinois Basin and Appalachian regions compared to the Sequential Quarter, leading total coal sales volumes in the 2020 Quarter higher by 4.8% to 8.1 million tons. Illinois Basin coal sales volumes increased 5.2% on higher volumes at our Hamilton and Warrior mines compared to the Sequential Quarter. In Appalachia, coal sales volumes increased 4.1% compared to the Sequential Quarter primarily due to higher sales from our MC Mining operation which completed development of its new mine mid-way through the Sequential Quarter. Compared to the 2019 Quarter, total coal sales volumes decreased 14.4% in the 2020 Quarter primarily due to the impacts of the COVID-19 pandemic and reduced export shipments. ARLP’s focus on reducing coal inventories and matching production to meet customer requirements resulted in total coal inventory falling to 0.6 million tons at the end of the 2020 Quarter, compared to 1.8 million tons and 1.2 million tons at the end of the 2019 and Sequential Quarters, respectively.

Total coal sales price per ton in the 2020 Quarter fell 1.8% compared to the Sequential Quarter due to a 3.5% reduction in Appalachia as a result of lower price realizations at our Tunnel Ridge operation. Total coal sales price per ton was relatively unchanged in the 2020 Quarter compared to the 2019 Quarter. In the Illinois Basin, coal sales price per ton in the 2020 Quarter increased by 3.8% compared to the 2019 Quarter due to improved price realizations at our Hamilton mine. In Appalachia, price realizations decreased by 8.4% compared to the 2019 Quarter primarily due to weak market conditions and the absence of high-priced metallurgical sales volumes in the 2020 Quarter.

Ongoing expense control initiatives at all operations drove total Segment Adjusted EBITDA Expense per ton in the 2020 Quarter lower compared to both the Sequential and 2019 Quarters, falling by 2.3% and 11.4%, respectively. In Appalachia, Segment Adjusted EBITDA Expense per ton decreased 11.5% compared to the Sequential Quarter due to higher production volumes from our Tunnel Ridge mine, reduced longwall move days and increased recoveries from our MC Mining operation in the 2020 Quarter offset in part by higher inventory cost in the 2020 Quarter. Segment Adjusted EBITDA Expense per ton in the Illinois Basin increased 4.1% compared to the Sequential Quarter as a result of reduced production volumes in the 2020 Quarter reflecting seasonal differences. Compared to the 2019 Quarter, reduced expenses per ton in both the Illinois Basin and Appalachian regions drove total Segment Adjusted EBITDA Expense per ton lower by 11.4% in the 2020 Quarter. In the Illinois Basin, Segment Adjusted EBITDA Expense per ton decreased 5.8% compared to the 2019 Quarter primarily as a result of reduced maintenance expenses per ton, favorable inventory costs, lower materials and supplies expenses per ton, improved recoveries at several mines and the absence of higher cost Gibson North sales in the 2020 Quarter, partially offset by reduced total coal production volumes from the region and higher excise and severance taxes. In Appalachia, Segment Adjusted EBITDA Expense per ton decreased 23.7% compared to the 2019 Quarter as a result of strong production at our Tunnel Ridge mine, lower maintenance expenses across the region, reduced materials and supplies expenses per ton, lower labor and benefit expenses and the absence of higher cost purchased tons sold.

Continued strengthening of oil & gas prices during the 2020 Quarter led Segment Adjusted EBITDA for our Minerals segment higher by 15.1% to $10.2 million compared to the Sequential Quarter. Compared to the 2019 Quarter, Segment Adjusted EBITDA declined by 29.7% due to lower sales price realizations per BOE and reduced volumes amid the COVID-19 pandemic.

Outlook

“Entering 2021, we are encouraged by hopes for gradually improving economic recovery as the roll out of vaccines continues,” said Mr. Craft. “Increased economic activity in the U.S. is expected to result in improved energy demand and both our coal and minerals segments should benefit if this occurs. Increased power generation and a favorable natural gas price curve has coal consumption poised for a potential rebound. As global economies gradually continue to recover, international coal market conditions are also beginning to improve which could create additional opportunities for U.S. producers. As we mentioned last quarter, several domestic utilities were recently in the market seeking significant coal supply commitments for multi-year terms. Our marketing team successfully booked commitments for the delivery of approximately 9.9 million tons through 2025. ARLP currently has contract commitments for approximately 24.1 million tons in 2021 and we are continuing to target total coal sales volumes this year approximately 10.0% above 2020 levels.”

Mr. Craft continued, “Higher commodity prices have led to increased permitting, drilling and completion activity across the regions where our oil & gas minerals are located. It will take time, however, for production from new development to overcome the aggregate decline curve on ARLP’s existing mineral interests created by the dramatic reduction in drilling and completion rates experienced last year. Assuming recent strength in oil, natural gas and natural gas liquids pricing is sustained, we currently expect higher year-over-year price realizations in 2021 and a modest increase in the EBITDA contribution from our Minerals segment this year.”

In conclusion, Mr. Craft said, “Creating long-term unitholder value is core to ARLP’s business objectives. A balanced approach to maximize cash flows from existing assets, pursue external growth opportunities, protect our balance sheet and return cash to unitholders are all key to achieving our objective. ARLP is actively evaluating various strategies which we believe have the potential to generate attractive long-term returns and sustainable cash flow growth and we look forward to sharing more details as our plans continue to develop over the next few quarters.”

ARLP is providing the following initial guidance for selected items in 2021:

A conference call regarding ARLP's 2020 Quarter and Year financial results and 2021 outlook is scheduled for today at 10:00 a.m. Eastern. To participate in the conference call, dial (877) 506-1589 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. Canadian callers should dial (855) 669-9657 and all other international callers should dial (412) 317-5240 and request to be connected to the same call. Investors may also listen to the call via the "investor information" section of ARLP's website at http://www.arlp.com.

An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial US Toll Free (877) 344-7529; International Toll (412) 317-0088; Canada Toll Free (855) 669-9658 and request to be connected to replay access code 10151585.

About Alliance Resource Partners, L.P.

ARLP is a diversified natural resource company that generates income from coal production and oil & gas mineral interests located in strategic producing regions across the United States.

ARLP operates seven coal mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. ARLP also operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana. ARLP markets its coal production to major domestic and international utilities and industrial users and is currently the second largest coal producer in the eastern United States.

ARLP generates royalty income from mineral interests it owns in premier oil & gas producing regions in the United States, primarily the Permian, Anadarko and Williston basins.

In addition, ARLP also generates income from a variety of other sources.

News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission (“SEC”), are available at http://www.arlp.com. For more information, contact the investor relations department of ARLP at (918) 295-7674 or via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..

The statements and projections used throughout this release are based on current expectations. These statements and projections are forward-looking, and actual results may differ materially. These projections do not include the potential impact of any mergers, acquisitions or other business combinations that may occur after the date of this release. We have included more information below regarding business risks that could affect our results.

FORWARD-LOOKING STATEMENTS: With the exception of historical matters, any matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projected results. Those forward-looking statements include expectations with respect to coal and oil & gas consumption and expected future prices, optimizing cash flows, reducing operating and capital expenditures, preserving liquidity and maintaining financial flexibility, among others. These risks to our ability to achieve these outcomes include, but are not limited to, the following: the impact of COVID-19 both to the execution of our day to day operations including potential closures, as well as to the pandemic's broader impact on demand for coal, oil and natural gas, the financial condition of our customers and suppliers, available liquidity and credit sources and broader economic disruption that is evolving. In addition, the actions of the major oil producing countries with respect to oil production and prices may have direct and indirect impacts over the near and long term to our Minerals segment. These risks compound the ongoing risks to our business, including decline in the coal industry's share of electricity generation, including as a result of environmental concerns related to coal mining and combustion and the cost and perceived benefits of other sources of electricity and fuels, such as oil & gas, nuclear energy, and renewable fuels; changing global economic conditions or in industries in which our customers operate; changes in coal prices and/or oil & gas prices, demand and availability which could affect our operating results and cash flows; changes in competition in domestic and international coal markets and our ability to respond to such changes; potential shut-ins of production by operators of the properties in which we hold mineral interests due to lack of downstream demand or storage capacity; risks associated with the expansion of our operations and properties; our ability to identify and complete acquisitions; dependence on significant customer contracts, including renewing existing contracts upon expiration; adjustments made in price, volume, or terms to existing coal supply agreements; recent action and the possibility of future action on trade made by United States and foreign governments; the effect of new tariffs and other trade measures; legislation, regulations, and court decisions and interpretations thereof, both domestic and foreign, including those relating to the environment and the release of greenhouse gases, mining, miner health and safety, hydraulic fracturing, and health care; deregulation of the electric utility industry or the effects of any adverse change in the coal industry, electric utility industry, or general economic conditions; liquidity constraints, including those resulting from any future unavailability of financing; customer bankruptcies, cancellations or breaches to existing contracts, or other failures to perform; customer delays, failure to take coal under contracts or defaults in making payments; our productivity levels and margins earned on our coal sales; disruptions to oil & gas exploration and production operations at the properties in which we hold mineral interests; changes in raw material costs; changes in the availability of skilled labor; our ability to maintain satisfactory relations with our employees; increases in labor costs including costs of health insurance and taxes resulting from the Affordable Care Act, adverse changes in work rules, or cash payments or projections associated with workers' compensation claims; increases in transportation costs and risk of transportation delays or interruptions; operational interruptions due to geologic, permitting, labor, weather-related or other factors; risks associated with major mine-related accidents, mine fires, mine floods or other interruptions; results of litigation, including claims not yet asserted; foreign currency fluctuations that could adversely affect the competitiveness of our coal abroad; difficulty maintaining our surety bonds for mine reclamation as well as workers' compensation and black lung benefits; difficulty in making accurate assumptions and projections regarding post-mine reclamation as well as pension, black lung benefits, and other post-retirement benefit liabilities; uncertainties in estimating and replacing our coal reserves; uncertainties in estimating and replacing our oil & gas reserves; uncertainties in the amount of oil & gas production due to the level of drilling and completion activity by the operators of our oil & gas properties; the impact of current and potential changes to federal or state tax rules and regulations, including a loss or reduction of benefits from certain tax deductions and credits; difficulty obtaining commercial property insurance, and risks associated with our participation in the commercial insurance property program; evolving cybersecurity risks, such as those involving unauthorized access, denial-of-service attacks, malicious software, data privacy breaches by employees, insiders or others with authorized access, cyber or phishing-attacks, ransomware, malware, social engineering, physical breaches or other actions; and difficulty in making accurate assumptions and projections regarding future revenues and costs associated with equity investments in companies we do not control.

Brian L. Cantrell
Alliance Resource Partners, L.P.
(918) 295-7673

Newly debuted New Flyer Xcelsior AV™ bus currently in operation at Robotic Research headquarters in Maryland.

CLARKSBURG, Md.--(BUSINESS WIRE)--#ABRT--Robotic Research, LLC (rr.ai), a global leader in autonomous driving technology and solutions, and New Flyer of America Inc. (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), one of the world’s leading independent global bus manufacturers, announced today the successful development of the Xcelsior AV™ – North America’s first fully operational automated heavy-duty transit bus.

“Welcome to the future of mass transit,” said, Alberto Lacaze, president of Robotic Research. “Automated transit buses, like the Xcelsior AV, are not just safer and greener, but more efficient. By optimizing rider capacity, improving traffic flow, and reducing stop-and-go accordion delays, these vehicles have the potential to not only increase the efficiency of travel for those on board, but for all vehicles on the road. Our partnership with New Flyer has resulted in a new mode of transit that brings together the latest technologies, ultimately helping to enable a safer, cleaner, more efficient, and more accessible transportation solution for the public.”

With the addition of Robotic Research’s autonomous AutoDrive® technology, the Xcelsior AV™ can visualize its environment, allowing it to avoid collisions with vehicles, pedestrians, and other hazards. Its automated precision docking capabilities precisely maneuver the bus within inches of the level boarding platforms, providing easy access to passengers with disabilities in accordance with ADA rules. Vehicle-to-vehicle (V2V) communications can also enable “platooning,” where multiple buses are linked and dispatched together to accommodate more passengers at peak transit times. Vehicle-to-infrastructure (V2I) communications also provide links to traffic lights and crosswalk signals to smooth traffic flow.

“Our Xcelsior AV represents the anticipated future of safety in public transit and the latest leap forward for New Flyer. The technology is real and it’s here,” said Chris Stoddart, President, New Flyer and MCI. “In the future, we expect fleets of automated buses to improve road safety and with the potential to shorten commute times, increase energy efficiency, and reduce congestion. As standards and regulations are developed and implemented and automated buses are deployed across North America, we expect our Xcelsior AV to enable meaningful improvements in the public transit user experience, which will hopefully lead to increased ridership. Together with Robotic Research, we are leading clean, accessible, reliable mobility that’s safer for all.”

The new Xcelsior AV™ bus is equipped with Robotic Research’s AutoDrive® automated driving system, the eyes and brain of the AV bus, and AutoDrive ByWire® drive-by-wire system, which enables automated throttle, brake, and steering. The AutoDrive® technology is already operating in first-mile/last-mile transit applications across four continents on both mixed traffic, public roadways and corporate and academic campuses.

The Connecticut Department of Transportation (CTDOT) has already announced that it will deploy New Flyer’s Xcelsior AV™ buses to serve on its CTfastrak bus rapid transit (BRT) route between New Britain and Hartford, anticipated to commence early 2023¹. The CTDOT project is funded by the Federal Transit Administration (FTA) as part of its Integrated Mobility Innovation (“IMI”) initiative. It also is the first scheduled public automated bus application and will operate within the dedicated CTfastrak BRT guideway.

“We have amassed quite a team for this project,” said Dennis Solensky, Transit Administrator, CTDOT. “CTfastrak is a one-of-a-kind asset to test new technology on, and we are thrilled to put it to its best use and roll out the first automated full-sized buses in North America!”

For more information, read our white paper, Automated Bus Rapid Transit: A Mode of High Quality, High-Capacity Transit Corridors.

About Robotic Research

Robotic Research, LLC, is an award-winning, leading provider of autonomy and robotic technology driving the transformation of commercial and government autonomous operations through innovative and intelligent systems. Whether providing autonomous vehicles to the military to keep the warfighter safe; delivering unmanned, transformable robots to extend the reach of Special Forces units; or making commercial transportation safer and more efficient, Robotic Research is leading this dynamic revolution in technology.

To learn more about Robotic Research, visit www.rr.ai, and on Twitter and LinkedIn.

¹ APTA

Taylor Smith
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HOUSTON--(BUSINESS WIRE)--Hengyi Industries Sdn. Bhd., has selected Univation Technologies’ UNIPOL™ PE Process for its world-scale 600,000 TPY polyethylene (PE) plant to be located in Palau Muara Besar, Brunei. The new PE plant will be integrated into a larger refinery and petrochemicals project centered on a 14-million metric tons/year (280,000 b/d) crude oil refinery that will include 11.2 million metric tons/year (MMt/y) of downstream capacity producing ethylene, benzene, para-xylene, ethylene glycol (EG), purified terephthalic acid (PTA), polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET, polyester). The project will also include capacity to produce 6.33 MMt/y of fuels.

Hengyi Industries elected to take advantage of the flexible product capability of the UNIPOL™ PE Technology with a full-density plant design to produce a broad range of HDPE and LLDPE products to satisfy large-volume product demand for flexible packaging films and various polyethylene molded articles. With this versatile manufacturing capability, Hengyi’s plans to implement an export-centric strategy focused on serving growing PE demand opportunities in southeast Asia as well as China.

Hengyi has also selected Univation’s advanced software platforms for both process control capability and virtual process training. Hengyi will deploy Univation’s most current generation of advanced process control capability: PREMIER™ Advanced Process Control 3.0. This process control platform provides Hengyi’s UNIPOL™ PE Plant with state-of-the-art process control capability designed to maximize production rates, ensure efficient plant operations and enhance overall operational reliability of the UNIPOL™ PE Process. Furthermore, Hengyi will employ UNIPOL™ PE Virtual Plant Simulator (UVPS) Software which is Univation’s latest process simulator training tool. This virtual training system provides Hengyi’s operating staff with a highly realistic and interactive training experience by simulating real-time process operations for the UNIPOL™ PE Process.

“The Palau Muara Besar refinery and petrochemicals project represents a significant investment within Brunei, and Univation is proud that Hengyi Industries has selected UNIPOL™ PE Technology for this strategic and multi-faceted project,” commented Dr. Steven Stanley, President of Univation Technologies. Dr. Stanley continued, “For Hengyi’s project, UNIPOL™ PE Technology delivers multi-decade experience in large capacity designs for world-class PE plants while also providing excellent economic value including the initial CAPEX investment as well as highly competitive OPEX for the resulting products. Hengyi will also be able to take advantage of the highly flexible production capability delivered by the UNIPOL™ PE Process, which covers a wide range of competitive HDPE and LLDPE products that are readily recognized and accepted by the market. Our Univation teams are already highly engaged in collaborating with Hengyi as we look forward to a safe start-up of this new world-scale facility.”

Mr. Chen Lian Cai, CEO of Hengyi Industries, included his comments, “This Hengyi Industry project represents Brunei’s first-ever world-class oil refinery and petrochemical complex and also marks an important milestone as our company’s second significant capital investment for the Palau Muara Besar site. Once completed, this complex will deliver a wide range of high-value downstream derivative products as well as adding new fuels capacity to satisfy growing demand within the energy market.” Mr. Chen continued his comments, “Tapping into experienced global technology solution providers was a critical factor for a successful project – and we are pleased to have selected Univation’s UNIPOL™ PE Technology as an essential investment to provide Hengyi with a highly flexible polyethylene manufacturing platform for our complex. We rely upon both Univation’s technical expertise and extensive experience within the polyethylene technology field to provide close support to our Hengyi project teams during the design, commissioning and safe start-up of this key asset.”

About Univation Technologies, LLC

Univation Technologies is the global leader in licensed polyethylene technology. Univation has a proven track record of delivering process, product and catalyst technologies as well as related technical services to the global polyethylene industry for more than 50 years. More than one-third of all HDPE and LLDPE resins produced globally is supplied by the industry-leading UNIPOL™ PE Process. Univation is also the world's leading manufacturer and supplier of conventional and advanced polyethylene polymerization catalysts designed specifically for the UNIPOL™ PE Process. For more information, visit www.univation.com.

UNIVATION, PREMIER, stylized “Univation Technologies”, and the stylized "U" are registered trademarks (Reg. U.S. Pat. and Tm. Off. and other countries) of Univation Technologies. UNIPOL is a trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow, licensed for use to Univation Technologies.

Univation Technologies, LLC
Duane Thompson
+1-713-892-3668
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TROY, Mich.--(BUSINESS WIRE)--In the 2020 Year-End Review Marine Market Insights, analysts from J.D. Power Specialty Valuation Services say that used marine values saw a significant increase in Q2 through Q4 due to the high demand. Many dealers say they had their best year, but it was difficult to get new or used inventory.

“Stern Drives brought 6.1% more revenue year over year, with our average value for the most recent 10 model years cresting the six-figure mark in the second half of the year,” said Lenny Sims, vice president business development and strategy at J.D. Power Specialty Valuation Services. “Inboard values really took off in 2020, finishing the year 13.5% higher than 2019. Personal watercraft increased 6.0% in value in 2020 compared with 2019.”

Major findings in the free quarterly report note:

• Marine used values continued to increase throughout winter months unlike past years
• Inboard boats saw a significant price increase in November through December 2020
• Surge in marine traffic views in May 2020

Download the free 2020 Year-End Review Marine Market Insights.

J.D. Power Specialty Valuation Services (formerly NADAguides) is a leading provider of specialty vehicle valuation products and services to businesses. The team collects and analyzes tens of thousands wholesale and retail transactions per month, and delivers a range of guidebooks, web service data, analysis and digital data solutions.

J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.

J.D. Power is headquartered in Troy, Mich., and has offices in North America, Europe and Asia Pacific. To learn more about the company’s business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.

About J.D. Power and Advertising/Promotional Rules www.jdpower.com/business/about-us/press-release-info

Media Relations
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• First technology to decarbonize LNG compression trains globally
• Companies will work together to retrofit existing turbines to run on hydrogen blends
• Hydrogen-natural gas blend to replace methane-only fuel supply in LNG trains

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NYSE: BKR) and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production. The two companies will cooperate on the development and implementation of innovative compression and power generation technology solutions from Baker Hughes for NOVATEK’s LNG projects, supporting NOVATEK's emissions reduction, raising efficiency and supporting long-term sustainability.

The agreement will begin with a pilot program to introduce hydrogen blends into the main process for natural gas liquefaction to reduce carbon dioxide emissions from LNG facilities, including NOVATEK’s Yamal LNG complex. Baker Hughes will provide world-class engineering and turbomachinery equipment to convert existing natural gas liquefaction trains at Yamal LNG to run on hydrogen blends rather than solely run with methane from feed gas.

“Baker Hughes is one of the main equipment suppliers to our Yamal LNG and Arctic LNG 2 projects,” said Leonid Mikhelson, NOVATEK’s Chairman of the Management Board. “We are expanding our cooperation with them to develop efficient and economically viable solutions to mitigate the impact of climate change on our projects – one of the essential topics for NOVATEK and the entire oil and gas industry. Hydrogen technologies have great prospects to reduce the level of global greenhouse gas emissions, and further work is required to develop and adapt these technologies for operations in Arctic climatic conditions.”

“We are working with NOVATEK to introduce the first solution for decarbonizing the core of the LNG production – the turbines driving the liquefaction process,” said Lorenzo Simonelli, Chairman and CEO, Baker Hughes. “The combination of our world-class expertise in LNG engineering and deep experience with hydrogen compression technology positions us to further lead in reducing emissions from LNG operations and further support the energy transition.”

NOVATEK is Russia’s largest independent natural gas producer, producing more than 77 billion cubic meters per year (bcm/yr) with about 9 bcm/yr of LNG sold in international markets. The three-train Yamal LNG project, located on the Siberian Arctic coast, shipped its first LNG cargo in 2017 and reached full capacity under its current design in 2018. Its liquefaction trains currently employ the Frame 7/1EA single-shaft gas turbine provided for this project by Baker Hughes, which can be retrofitted to operate with hydrogen blends and is a preferred turbine for LNG plants globally. Hydrogen blends present significant opportunities for the natural gas sector to cut emissions for LNG turbomachinery equipment, the main mechanical driver of the liquefaction process.

Baker Hughes has a long history of collaboration with NOVATEK. Baker Hughes is supplying LM9000 aeroderivative gas turbines for NOVATEK’s Arctic LNG 2 project and completed the First Engine to Test (FETT) milestone in mid-2020 followed subsequently by all three string tests for power generation and mechanical drive in Q4 2020. The LM9000 is the world’s most efficient simple cycle aeroderivative gas turbine with best-in-class availability, efficiency and lowest NOx emissions, making it ideal for LNG operators to reduce their total cost of ownership and overall carbon footprint.

About Baker Hughes:

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com

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LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy, LP announced today that it received the 2021 Top Workplaces USA Award, marking the seventh consecutive year the company has been recognized by the Top Workplaces program. This is the inaugural year for Top Workplaces USA, which is built on the program's 14-year history surveying more than 20 million employees across 54 markets for the regional Top Workplaces awards.

“Tallgrass’ people drive its culture, and I believe we have some of the best people out there,” said Tallgrass Energy CEO William R. Moler. “This belief was validated in 2020 as I watched our team overcome a variety of challenges associated with an industry downturn and a global pandemic and collectively demonstrate what success in a challenging environment looks like. It’s with great pride that I salute the entire Tallgrass team.”

In its inaugural year, more than 1,100 organizations from across the country participated in the Top Workplaces USA survey. Winners of the Top Workplaces USA list are chosen based solely on employee feedback gathered through an employee engagement survey issued by Energage.

"During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."

About Energage

Making the world a better place to work together.™ Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 14 years of culture research and the results from 22 million employees surveyed across more than 66,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information, visit energage.com or topworkplaces.com.

About Tallgrass Energy, LP

Tallgrass Energy, LP is a privately held growth-oriented midstream energy infrastructure company operating across 11 states with transportation, storage, terminal, water, gathering and processing assets that serve some of the nation's most prolific crude oil and natural gas basins.

To learn more, please visit tallgrassenergy.com.

Media and Trade Inquiries  
Phyllis Hammond, 303-763-3568  
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CLEVELAND--(BUSINESS WIRE)--Power management company Eaton has been named one of the World’s Most Admired Companies by FORTUNE magazine.

“It’s a privilege to be named among this year’s World’s Most Admired Companies,” said Craig Arnold, Eaton chairman and chief executive officer. “This past year was an incredibly challenging time for our company and the entire world, but our colleagues continued to live by our values, placing our customers, shareholders and communities at the center of all we do. This award honors their remarkable commitment to our stakeholders and to our mission.”

FORTUNE’s list of the World’s Most Admired Companies is based on company surveys and peer ratings from top executives, directors and members of the financial community. They rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries. We have approximately 92,000 employees.

Ann Marie Halal, +1 440-523-4418
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DUBLIN--(BUSINESS WIRE)--The "Barite Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

The market for barite is expected to register a CAGR of over 4% during the forecast period.

Companies Mentioned

• APMDC
• CIMBAR PERFORMANCE MINERALS
• DESKU GROUP INC
• Excalibar Minerals LLC
• International Earth Products
• Kaomin Industries LLP
• Milwhite Inc.
• New Riverside Ochre
• Sachtleben Minerals GmbH & Co. KG
• The Cary Company

Key Market Trends

High demand from Oil & Gas Industry

Barite has huge demand in oil and gas drilling operations as a weighing agent in the drilling mud. It prevents the explosive release of oil and gas during drilling and it has unique physical and chemical properties such as high specific gravity, chemical and physical inertness, low solubility, and magnetic neutrality.

• The properties like non-corrosiveness, non-abrasiveness, insolubility in water, inertness, and high specific gravity enable barite's application as a weighting agent in drilling operations to remove the cutting from the bits, transport cutting to the surface to reduce the friction in the drilling string, control pressure, prevent blow-out and at the same time to provide lubrication.
• The prospectus for the future growth of the petroleum industry suggests that petroleum exploration will continue to grow and simultaneously the consumption of barite. Furthermore, more drilling must be done per unit of oil as hydrocarbon discoveries become less productive with time.
• Daily global demand for crude oil (including biofuels) is on the rise and is projected to cross 100 million barrels per day mark by the end of 2020.
• Hence, the rising demand for barite from oil & gas industry globally is expected to drive market growth during the forecast period.

Middle-East Region to Dominate the Market

Middle-East has the largest market share in the barite market owing to its dominance of over 30% in global oil production. This is due to the presence of some of the leading oil-producing nations of the world in this region, like Saudi Arabia, Iran, Iraq, Kuwait, and UAE.

• It was estimated that among OPEC's total oil reserves, the majority was held by Middle-East nations. The proven oil reserves of this region were evaluated at about 113.2 billion metric tons.
• As of 2019, Saudi Arabia produces roughly 12 million barrels of oil per day which accounts for 15% of the global output, making it the largest oil producer in the world.
• In fact, Middle-East produces one-third of the world's total oil production, which was estimated to be roughly around 32 million barrels per day in the year 2019.
• Global oil demand in 2019 is estimated to be around 99 million barrels per day. This will fuel the production from the oil & gas industries of Middle-East countries, which in turn will increase the consumption of barite in this region.
• Hence, with the rising demand from various industries, the demand for barite is expected to grow considerably in Middle-East & Africa region over the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Rapidly Increasing Demand from the Oil and Gas Industry

4.1.2 Growing Use in the Plastic Industry

4.2 Restraints

4.2.1 Availability of Close Substitutes

4.2.2 Other Restraints

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Vein

5.1.2 Residual

5.1.3 Bedded

5.1.4 Other Types

5.2 End-user Industry

5.2.1 Oil and Gas

5.2.2 Chemical

5.2.3 Rubber

5.2.4 Other End-user Industries

5.3 Geography

5.3.1 Asia-Pacific

5.3.2 North America

5.3.3 Europe

5.3.4 South America

5.3.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share Analysis**

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/wy34jo

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DUBLIN--(BUSINESS WIRE)--The "VHF Radio Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Handheld, Fixed-Mount); Application (Marine, Aviation, Land)" report has been added to ResearchAndMarkets.com's offering.

According to this report the global VHF radio market was valued at US$ 3177.37 million in 2019 and is projected to reach US$ 6218.05 million by 2027; it is expected to grow at a CAGR of 8.9% from 2020 to 2027.

In 2019, North America led the global VHF Radio market with decent revenue share, followed by Europe. North America constitutes developed economies, such as the US, Canada, and Mexico. North America includes developed economies, such as the US and Canada, as well as emerging economies, such as Mexico. Technological developments make North America a highly competitive market for various companies. The companies in this region are continuously developing overall business processes to meet end users' demands for high-quality products. At present, the US boasts of strong port infrastructure and maritime sector due to its substantial reliance on imported goods and notable outsourcing of manufacturing and production facilities over Asian economies. Thus, the country presently relies on numerous maritime industry-related products for seamless operations, maintenance, and industry growth.

Recreational boats are increasingly cruising to new horizons due to the rising tourism industry in the region, increasing economic development, and surging participation in boating activities. The region represents a huge market for recreational boats due to the growing interest of individuals in recreational boating. Individuals use these boats for pleasure and fun activities amid trip with family and companions. The huge adoption of recreational boating in the region opens new possibilities for VHF radio equipment since boaters must use the finest channel when communicating on VHF radio.

As per FCC regulations, boaters having VHF radios must maintain a watch on either channel nine or channel 16 whenever the radio is turned on and not communicating with another station. The FCC announced the VHF-FM channel nine as a supplementary calling channel for recreational boaters at the request of the US Coast Guard. Several companies in the region are designing various types of VHF radios for the marine industry. For instance, Garmin Ltd. provides fixed-mount VHF 210 AIS radio displays with 25 W transmit power, optimizing communication, situational awareness, and collision avoidance. The product includes frequency bands for all US and Canadian marine channels.

Increase in air traffic has made it essential for airports in the region to opt for VHF radio communication equipment to ensure the efficiency of airlines. Increasing trend of wireless communication has led to noteworthy developments in VHF radio systems. The focus of component manufacturers in designing next-gen systems is propelling the market in the region.

Impact of COVID-19 on VHF Radio market

The huge increase in the number of confirmed cases and rising reported deaths in the country affects both manufacturing and sales of VHF Radio components used. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the VHF radio market. North America is home to many manufacturing and technology companies, and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US will impact the VHF radio market growth of North America negatively for the next few quarters.

Reasons to Buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global VHF radio market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global VHF radio market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Market Dynamics

• Increasing Demand for VHF Radio Systems in Emergency Communications and Situational Awareness
• Growing Demand for VHF Radio in Marine Applications

• Limited Range of VHF Radio

• Increasing Recreational Boating Activities in Developing Countries of APAC

• Rising Demand for Wireless Technologies

Companies Mentioned

• Jotron
• Icom Inc.
• RAYMARINE (FLIR SYSTEMS)
• SAILOR (SATCOM GLOBAL)
• UNIDEN AMERICA CORPORATION
• YAESU USA
• Cedar Electronics
• JVC Kenwood Holdings Inc
• NAVICO
• Entel UK Limited

For more information about this report visit https://www.researchandmarkets.com/r/zhel2d

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Minneapolis-based utility recognized for innovation, social responsibility and financial soundness

MINNEAPOLIS--(BUSINESS WIRE)--#MostAdmiredCos--For the eighth year in a row Xcel Energy has been honored as one of the World’s Most Admired Companies by Fortune Magazine. The Minneapolis-based utility ranked second among the most admired gas and electric companies in the country.

The ranking is based on nine criteria including innovation, social responsibility, financial soundness, long term investment value and quality of management.

“We are honored to make Fortune magazine’s list of the World’s Most Admired Companies for the eighth year in a row,” said Ben Fowke, chairman and CEO of Xcel Energy. “It’s gratifying to be recognized by our stakeholders and peers as leaders in the clean energy transition, while keeping service reliable and customer bills low.”

Xcel Energy is the first major U.S. utility to announce a commitment to reducing carbon emissions by 80% (from 2005 levels) by 2030, with a vision of delivering 100% carbon-free electricity by 2050. The company is more than halfway to that interim goal.

Fortune magazine partnered with Korn Ferry to conduct the survey on corporate reputation, focusing on large companies with revenue of $10 billion or more. The complete list can be found at www.Fortune.com.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.

Xcel Energy Media Relations
(612) 215-5300
www.xcelenergy.com

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE: KSU) executives will address the following conferences via webcasts:

• President and Chief Executive Officer, Patrick J. Ottensmeyer, will address the Stifel 2021 Virtual Transportation & Logistics Conference on February 9, 2021 at 12:00 p.m. eastern time

• Executive Vice President and Chief Financial Officer, Michael W. Upchurch, will address Citi’s 2021 Global Industrials Virtual Conference on February 16, 2021 at 10:30 a.m. eastern time

• Executive Vice President and Chief Financial Officer, Michael W. Upchurch, will address the Barclays Industrial Select Conference on February 17, 2021 at 10:10 a.m. eastern time

Interested investors may access the webcasts on KCS’ website at investors.kcsouthern.com. A link to the replay will be available following the event.

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 are primary components of a railway network, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.

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

DUBLIN--(BUSINESS WIRE)--The "Biogas Upgrading Market Research Report by Type, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Biogas Upgrading Market is expected to grow from $1,246.70 Million in 2020 to $2,173.69 Million by the end of 2025.

This research report categorizes the Biogas Upgrading to forecast the revenues and analyze the trends in each of the following sub-markets:

The Multistage is projected to witness the highest growth during the forecast period

Based on Type, the Biogas Upgrading Market is examined across Multistage and Single Stage. The Multistage commanded the largest size in the Biogas Upgrading Market in 2020, and it is expected to grow at the fastest CAGR during the forecast period.

The Pressure Swing Adsorption Systems is projected to witness the highest growth during the forecast period

Based on Technology, the Biogas Upgrading Market is examined across Chemical Absorption Units, Membrane Systems, Physical Absorption, Pressure Swing Adsorption Systems, Units Based on Cryogenic Technology, and Water Scrubbers. The Membrane Systems commanded the largest size in the Biogas Upgrading Market in 2020. On the other hand, the Pressure Swing Adsorption Systems is expected to grow at the fastest CAGR during the forecast period.

The Agricultural Wastes is projected to witness the highest growth during the forecast period

Based on Application, the Biogas Upgrading Market is examined across Agricultural Wastes, Energy Crops Biogas Project, Food waste, Garbage, Industrial Wastewater, and Municipal and Domestic Sewage. The Municipal and Domestic Sewage commanded the largest size in the Biogas Upgrading Market in 2020. On the other hand, the Agricultural Wastes is expected to grow at the fastest CAGR during the forecast period.

The Asia-Pacific is projected to witness the highest growth during the forecast period

Based on Geography, the Biogas Upgrading Market is examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa regions surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa regions commanded the largest size in the Biogas Upgrading Market in 2020.

Companies Mentioned

• 2G Energy
• AAT Abwasser- und Abfalltechnik GmbH
• AB HOLDING SPA
• Air Liquide S.A.
• Air Science, LLC
• Atmos Power Pvt. Ltd.
• Bio Energy (Shanghai) Co., Ltd.
• Bright Biomethane
• CarboTech AC GmbH
• DMT International
• Ennox Biogas Technology GmbH
• EnviTec Biogas AG
• Greenlane Renewables
• GTS Snc
• Hitachi Zosen Inova AG
• IBBK Biogas
• Malmberg Borrning AB
• NeoZeo AB
• Newterra Ltd.
• Pentair PLC
• QED Environmental Systems Ltd.
• Suomen Biovoima Oy
• Xebec Adsorption Inc.

The report answers questions such as:

1. What is the market size and forecast of the Global Biogas Upgrading Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Biogas Upgrading Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Biogas Upgrading Market?
4. What is the competitive strategic window for opportunities in the Global Biogas Upgrading Market?
5. What are the technology trends and regulatory frameworks in the Global Biogas Upgrading Market?
6. What are the modes and strategic moves considered suitable for entering the Global Biogas Upgrading Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Cumulative Impact of COVID-19

4.3. Geographic Growth Opportunities

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Need to reduce greenhouse gas emissions worldwide

5.1.1.2. Demand for waste treatment and steady transition to renewable energy

5.1.1.3. Growing realization of biogas that benefits the population with rising industrialization and urbanization

5.1.2. Restraints

5.1.2.1. Relatively high cost of investment

5.1.3. Opportunities

5.1.3.1. Innovative technologies for biogas upgrading and availability to consumers at a reasonable price

5.1.3.2. Introduction of biogas upgrading to natural gas grids with the support from government policies

5.1.4. Challenges

5.1.4.1. Lack of awareness and paucity of design expertise, installation, and maintenance of biomethane plants

5.2. Porters Five Forces Analysis

6. Global Biogas Upgrading Market, By Type

6.1. Introduction

6.2. Multistage

6.3. Single Stage

7. Global Biogas Upgrading Market, By Technology

7.1. Introduction

7.2. Chemical Absorption Units

7.3. Membrane Systems

7.4. Physical Absorption

7.5. Pressure Swing Adsorption Systems

7.6. Units Based on Cryogenic Technology

7.7. Water Scrubbers

8. Global Biogas Upgrading Market, By Application

8.1. Introduction

8.2. Agricultural Wastes

8.3. Energy Crops Biogas Project

8.4. Food waste

8.5. Garbage

8.6. Industrial Wastewater

8.7. Municipal and Domestic Sewage

9. Americas Biogas Upgrading Market

10. Asia-Pacific Biogas Upgrading Market

11. Europe, Middle East & Africa Biogas Upgrading Market

12. Competitive Landscape

13. Company Usability Profiles

14. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/of6rs8

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• SPIC Brasil acquires 33% of GNA I and GNA II 3GW LNG-to-power projects
• Agrees to participate in potential future expansion projects, GNA III and GNA IV

RIO DE JANEIRO--(BUSINESS WIRE)--Prumo, a private Brazilian company controlled by EIG Global Energy Partners, bp, Siemens and SPIC Brasil (“SPIC”) today announced the completion of the previously announced transaction by which SPIC acquired 33% of GNA I and GNA II LNG-to-power projects located in Port of Açu, Rio de Janeiro. SPIC has also closed on the previously announced agreement to participate in potential future expansion projects, GNA III and GNA IV, which are expected to be fueled by a combination of LNG and domestic gas from Brazil’s vast pre-salt reserves.

Together, GNA I and GNA II comprise the largest gas-to-power project in Latin America, with 3 GW of installed capacity — enough to supply energy for up to 14 million households. The complex also includes an LNG terminal with a total capacity of 21 million m³/day and pipelines capable of connecting offshore pre-salt gas and LNG to Brazil’s gas transportation network.

GNA I, which has an installed capacity of 1.3 GW, will commence operations in the first half of 2021. The first LNG cargo, supplied by bp, was successfully transferred to the BW Magna floating storage and regasification unit (FSRU) on December 27, 2020.

GNA II secured a $737 million financing agreement with the Brazilian Development Bank (BNDES). With 1.7GW of installed capacity, GNA II is expected to create up to 5,000 jobs during construction and an additional 500 jobs when it begins operations.

The successful close of this transaction during the COVID-19 pandemic reinforces GNA’s position as a key player in Brazil’s rapidly growing natural gas and power markets and a catalyst for the global energy transition. This agreement strengthens Brazil's position as a fertile environment for attracting new investments and helps lay the groundwork for the GNA III and GNA IV expansion projects and the domestic gas hub strategy and renewables projects. The estimated total planned investment in the GNA gas and power complex is approximately $5 billion.

SPIC’s contribution to this partnership is centered on its expertise in operation and project management strategy in Brazil. Siemens Financial Services – the financing arm of Siemens AG - plans to contribute capital, innovative technology and its expertise managing similar projects. Siemens Energy will be responsible for the power plant construction and will also provide long-term operation and maintenance (O&M) service for the power plant.

bp will contribute its global portfolio of LNG acting as a key integrated and innovative gas supplier. And Prumo will contribute the entire port infrastructure and operations to the partnership while steering project development and integration. The partnership facilitates the expansion of a range of projects and demonstrates the parties’ commitment to completing the significant investments under development.

BofA Securities and Lakeshore Partners acted as financial advisors to GNA and its sponsors. Itaú BBA acted as exclusive financial advisor to SPIC.

Siemens Financial Services (SFS) – the financing arm of Siemens – provides business-to-business financial solutions. A unique combination of financial expertise, risk management and industry know-how enable SFS to create tailored innovative financial solutions. With these, SFS facilitates growth, creates value, enhances competitiveness and helps customers access new technologies. SFS supports investments with equipment and technology financing and leasing, corporate lending, equity investments and project and structured financing. Trade and receivable financing solutions complete the SFS portfolio. With an international network, SFS is well adapted to country-specific legal requirements and able to provide financial solutions globally. Within Siemens, SFS is an expert adviser for financial risks. Siemens Financial Services has its global headquarters in Munich, Germany, and has almost 3,000 employees worldwide. www.siemens.com/finance.

Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020. www.siemens-energy.com.

bp is an integrated energy business with operations in Europe, North and South America, Australasia, Asia and Africa. We operate in 79 countries. With over 100 years of experience steeped in the world of energy, we understand energy markets deeply, and have developed unique capabilities in trading, marketing, technology and innovation. bp’s new purpose is reimagining energy for people and our planet– for bp to become a net zero company by 2050 or sooner, and to help the world get to net zero. www.bp.com

SPIC Brasil, owned subsidiary of State Power Investment Corporation (SPIC), a global energy generator and related projects company. In Brazil, this is translated into the union between the expertise and financial strength of a large Chinese group and the Australian pioneering over 20 years of experience in renewable energy. Currently, SPIC Brasil operates the São Simão Hydroelectric Power Plant, on the border between the states of Minas Gerais and Goiás, the Millennium Wind Farm and the Vale dos Ventos Wind Farm in Paraíba State. In Brazil, the company has about 160 employees, located in São Paulo (SP), Natal (RN), São Simão (GO) and Mataraca (PB). SPIC Global has a total installed capacity of 151 GW. It has over 130,000 employees in the 64 countries in which it operates.

Prumo is the multi-business economic group responsible for the strategic development of the Port of Açu. We are controlled by EIG Global Energy Partners, a US-based fund focused on energy and infrastructure, and by Mubadala Investment Company, an active and innovative investor that allocates capital in a variety of segments. Through the Group’s 6 companies (Porto do Açu Operações, Ferroport, Açu Petróleo, GNA, Dome and BP Prumo) and our clients and partners, the Port of Açu serves the oil & gas, port logistics and mining segments. Its infrastructure has unique potential to support new businesses and several industrial niches. Guided by Prumo’s strategic perspective, Açu is now one of the largest and most promising enterprises in Brazil. With operational safety and efficiency combined with the strength of the Group’s long-term vision and the proximity to the main oil exploration basins, Açu is consolidating into the best solution for the most challenging demands.

EIG Global Energy Partners (“EIG”) is a leading institutional investor to the global energy sector with $22.0 billion under management as of December 31, 2020. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 39-year history, EIG has committed over $34.9 billion to the energy sector through more than 365 projects or companies in 36 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.

bp
Cleide Rodrigues: +55 11 3323 1581 – This email address is being protected from spambots. You need JavaScript enabled to view it.

Siemens Financial Services
Jillian Lukach: +1 (732) 512-7550 - This email address is being protected from spambots. You need JavaScript enabled to view it.

Siemens Energy Brazil
Priscilla Garcez: +55 11 98996-2610 - This email address is being protected from spambots. You need JavaScript enabled to view it.

Prumo
Thaina Halac: +55 21 3114-0779 - This email address is being protected from spambots. You need JavaScript enabled to view it.

SPIC
PUBLICIS CONSULTANTS
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EIG Global Energy Partners
Sard Verbinnen& Co.
Kelly Kimberly/Brandon Messina: +1 212 687 8080 – This email address is being protected from spambots. You need JavaScript enabled to view it.

GREEN BAY, Wis.--(BUSINESS WIRE)--For more than 85 years, Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, has been guided by core values, which include respect for all. These values led Schneider to create its Diversity, Equality and Inclusion Grant Program.

Over the next year, Schneider will provide grants to nonprofit organizations around the country and Mexico working to promote diversity, equality and inclusion in the communities where company associates live, work and volunteer.

“We are honored to commit grant dollars to diversity, equality and inclusion work, because it is vital to the future success of our communities,” said LuEllen Oskey, director of the Schneider Foundation. “We know it will make a difference and generate positive change.”

Beginning November 2020, Schneider provided Diversity, Equality and Inclusion Program grants to 11 organizations totaling more than $75,000. The selected organizations include:

• Boys and Girls Club of Greater Northwest Indiana
• Atlanta Pride Committee
• Shaping Tomorrows Stars - Atlanta
• Glenwood Academy – Chicago
• Crowned Scholars – Dallas
• CollegeReady – Green Bay
• YWCA of Greater Green Bay
• Group Scholars Program – Indianapolis
• A Step Ahead Foundation – West Memphis
• Agape Child and Family Services, Inc. – West Memphis
• Entrale - Mexico

Grantees were nominated by Schneider associates like LaDarius Campbell who nominated Crowned Scholars, located in Dallas, Texas.

“The work Crowned Scholars is doing is truly priceless,” said Campbell. “They are giving young black men not only math, science, leadership and life skills, but they are also giving them hope. When I look at the young men this organization is impacting, I see myself in them. I come from very humble beginnings. Anything is possible for these young men.”

Grants from Schneider are helping organizations make strides in creating healthy dialogue and taking concrete actions to bring about change. “The YWCA Greater Green Bay’s mission is to eliminate racism, empower women, and promote peace, justice, freedom, and dignity for all,” said Leslie Asare, Director of Development at YWCA of Greater Green Bay. “Our diversity and inclusion projects are key to this community. The YWCA creates safe spaces for hard conversations to compel change, and with wonderful grants like the one from Schneider, we can continue this work.”

Schneider has long supported nonprofits through financial contributions, in-kind delivery donations and associate volunteerism. As a supporter of the communities in which its associates and customers live, the Schneider Foundation donated more than $2 million in grants to more than 400 organizations in 2020.

Learn more about Schneider’s proud history of corporate social responsibility.

About Schneider

Schneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

With nearly $5 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 80 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on LinkedIn and Twitter: @WeAreSchneider.

Source: Schneider SNDR

Kara Leiterman, Media Relations Manager
M 920-370-7188

ST. CROIX, U.S. Virgin Islands--(BUSINESS WIRE)--Limetree Bay Ventures, LLC (“Limetree” or “the Company”), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (“EIG”), today announced that Limetree Bay Refining (“the Refinery”) has successfully resumed operations and begun production and commercial sales of refined products.

The Refinery is capable of processing over 200,000 barrels of crude oil and other feedstocks per day and will help transition the maritime fuel sector toward new international standards. Further, it is well situated to process the growing supply of Latin American sour crudes to fulfill consumer demand in growing end markets in the Caribbean, Central and South America, and the US East Coast. With the completion of the refinery restart and, together with the Company’s integrated terminal and marine infrastructure, Limetree Bay has reemerged as a world-class energy hub and logistics center serving the region and international markets from its advantaged central location in St. Croix.

Jeffrey Rinker, Chief Executive Officer of Limetree, commented, “We are thrilled to commence operations and begin producing quality fuels for our customers. As we move into Limetree’s next chapter of commercial operations, I believe we are well positioned to succeed. In these difficult economic times, we are thankful to be able to support growth in the local economy and be a source of significant local employment for many years to come.”

Mr. Rinker continued, “The restart of a refinery is a complicated endeavor, requiring a first-class team of employees and contractors and a collaborative partnership between business and government. We have been able to restart operations due to the continued perseverance and efforts of our business partners, employees, investors and local government officials, overcoming challenges including Hurricane Maria and the COVID-19 pandemic. Industry leading safety performance was maintained throughout the restart project and I want to thank our employees and all key stakeholders for their tremendous work and continued commitment toward making today a reality.”

U.S. Virgin Islands Governor Albert Bryan Jr. said, “This restart of the Limetree Bay Refinery is the culmination of years of hard work and is a big victory for St. Croix and the USVI. In these difficult economic times, I am very pleased that the Refinery is creating hundreds of well-paying, quality jobs for USVI workers. Limetree – thanks to its leading, global investors and business partners – has delivered on its promise to create world-class facilities that are well-situated to meet growing demands in the region and deliver local economic development to the USVI. We welcome and applaud them today for their commitment to the island and look forward to the successful continuation of our public-private partnership.”

About Limetree Bay Ventures

Limetree Bay Ventures, LLC is a large-scale energy complex strategically located in St. Croix, U.S. Virgin Islands. The complex consists of Limetree Bay Refining, a refinery with peak processing capacity of over 200,000 barrels of petroleum feedstock per day, and Limetree Bay Terminal, a 34-million-barrel crude and petroleum products storage and marine terminal facility serving the refinery and third-party customers.

About EIG

EIG is a leading institutional investor to the global energy sector with $22.0 billion under management as of December 31, 2020. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 39-year history, EIG has committed over $34.9 billion to the energy sector through more than 365 projects or companies in 36 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.

Sard Verbinnen & Co.
Kelly Kimberly / Brandon Messina
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(212) 687-8080

IRVING, Texas--(BUSINESS WIRE)--The Exxon Mobil Corporation (NYSE:XOM) board of directors has elected Len M. Fox as vice president and controller for the company, effective March 1, 2021. Fox will replace David Rosenthal, who is anticipated to retire on or about July 1, 2021.

Fox has worked for ExxonMobil since 1988, starting as an analyst in Exxon Coal and Minerals controllers organization in Houston, Texas. He has held increasingly senior roles and management positions, including in financial services in Exxon Chemical Company and Exxon Company U.S.A., planning in ExxonMobil Production Company, as chief financial officer for the Aera joint venture, and as general auditor for ExxonMobil’s upstream companies.

More recently, Fox served as treasurer for ExxonMobil Chemical Company, and the assistant controller and assistant treasurer for Exxon Mobil Corporation. He holds a bachelor’s degree in economics and a master’s degree in business administration, both from Cornell University.

Rosenthal has been vice president and controller since 2014. He began his career with Exxon in 1979 as a financial analyst at Exxon Chemical Americas in Houston. After holding a variety of financial and management positions of increasing responsibility in Exxon Chemical Americas and Exxon Company U.S.A., Rosenthal was appointed finance and administration manager of Exxon’s copper mining subsidiary in Santiago, Chile in 1994. He became financial reporting manager for Exxon Corporation in 1997 and the following year was made finance and administration manager for Exxon Exploration Company.

Rosenthal became controller of ExxonMobil Production Company in 2002 and was assistant controller for Exxon Mobil Corporation for two years prior to being elected vice president of investor relations and board secretary in 2008. He holds a bachelor’s degree and master’s degree in business administration from the University of Georgia.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.

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SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS, or "QuantumScape"), a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles (EVs), today filed a registration statement on Form S-8 with the SEC.

The purpose of the Form S-8 is to register shares under the QuantumScape 2010 Equity Incentive Plan (the “2010 Plan”), the 2020 Employee Stock Purchase Plan (the “2020 ESPP”) and the 2020 Equity Incentive Plan (the “2020 Plan”). The number of shares issued or issuable under these plans was disclosed in the Company’s Registration Statement on Form S-1 filed on December 17, 2020.

The shares being registered on the Form S-8 include shares issued under the 2010 Plan or the 2020 Plan. Approximately 95% of these shares are currently locked-up pursuant to the lock-up agreements that the Company and equity holders entered into in connection with the Business Combination or are subject to trading restrictions under the Company’s insider trading policy that prevents them from being sold at this time. The shares registered on the Form S-8 also include shares that may be issued in the future under the 2020 Plan. Such shares would be subject to the approval of QuantumScape’s Board and the vesting terms determined by the Board.

The Company has not yet implemented an employee stock purchase plan, and no shares have been issued under the 2020 ESPP.

About QuantumScape Corporation

QuantumScape is a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles. The company's mission is to revolutionize energy storage to enable a sustainable future.

For additional information, please visit www.quantumscape.com.

For Investors
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DUBLIN--(BUSINESS WIRE)--The "World - Products Based On Bitumen - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.

This report provides an in-depth analysis of supply and demand for products based on bitumen on the global market. It will help you to find actionable insights and make data-driven decisions for growing your business. This report contains the latest data on market trends and opportunities, consumption, production, imports, exports and price developments. The forecast reveals the market perspectives through to 2025.

Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

This report is designed for manufacturers, distributors, importers, and wholesalers of products based on bitumen, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Key Topics Covered:

1. Introduction

• Making Data-Driven Decisions To Grow Your Business

1.1 Report Description

1.2 Research Methodology And Ai Platform

1.3 Data-Driven Decisions For Your Business

1.4 Glossary And Specific Terms

2. Executive Summary

• A Quick Overview Of Market Performance

2.1 Key Findings

2.2 Market Trends

3. Market Overview

• Understanding The Current State Of The Market And Its Prospects

3.1 Market Size

3.2 Consumption By Country

3.3 Market Forecast To 2025

4. Global Marketplace

• Finding New Products To Diversify Your Business

4.1 Top Products To Diversify Your Business

4.2 Best-Selling Products Worldwide

4.3 Most Consumed Products Worldwide

4.4 Most Traded Products

4.5 Most Profitable Products For Export

5. Most Promising Supplying Countries

• Choosing The Best Countries To Establish Your Sustainable Supply Chain

5.1 Top Countries To Source Your Product

5.2 Top Producing Countries

5.3 Top Exporting Countries

5.4 Low-Cost Exporting Countries

6. Most Promising Overseas Markets

• Choosing The Best Countries To Boost Your Exports

6.1 Top Overseas Markets For Exporting Your Product

6.2 Top Consuming Markets

6.3 Unsaturated Markets

6.4 Top Importing Markets

6.5 Most Profitable Markets

7. Global Production

• The Latest Trends And Insights Into The Industry

7.1 Production Volume And Value

7.2 Production By Country

8. Global Imports

• The Largest Importers On The Market And How They Succeed

8.1 Imports From 2007-2017

8.2 Imports By Country

8.3 Import Prices By Country

9. Global Exports

• The Largest Exporters On The Market And How They Succeed

9.1 Exports From 2007-2017

9.2 Exports By Country

9.3 Export Prices By Country

10. Profiles Of Major Producers

• The Largest Producers On The Market And Their Profiles

11. Country Profiles

• The Largest Markets And Their Profiles

For more information about this report visit https://www.researchandmarkets.com/r/61mcat

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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