HWASEONG, South Korea--(BUSINESS WIRE)--#CarbonPurification--Please replace the release dated January 14, 2021 with the following corrected version due to multiple revisions.
The updated release reads:
THERMVAC MOVES INTO JAPAN'S SPECIAL VACUUM FURNACE MARKET
ThermVac Inc., Korea's specialty manufacturer for vacuum furnaces, said that the carbon purification vacuum furnace which has been installed in the plant of a Korean unit of a Japanese carbon company, is currently working successfully.
This equipment is a special vacuum furnace purifying the carbon products to be used in semiconductor, photovoltaic and fiber optics industries, and thereby reducing the content of impurities to several ppm or less.
ThermVac was able to secure elemental technologies of fabricating purification equipment through the localization project of carbon purification furnace for two years, which had been supported by Korean government's technology development program. After that project, ThermVac has continuously researched the carbon purifying process with an in-house equipment, accumulating process technology and building equipment application capabilities. Based on this effort, it now becomes possible to overcome the limitations of narrow domestic market and boldly challenge the large markets of materials and parts such as Japan and China.
Recently, ThermVac has developed and completed a two-chamber type carbon purification furnace with the structure that separates the heating chamber and the cooling chamber and is now verifying its durability. Upon commercializing the two-chamber model, ThermVac expects to shorten the cycle of the carbon purification process that used to take more than 30 hours to 6 to 9 hours so that it will contribute to the expansion of the global market for high-purity carbon, which is explosively increasing in demand for secondary batteries, semiconductors and photovoltaic applications.
ThermVac
In-Seok Choi
+ 82-31-351-4490
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Shape strategic responses through the phases of industry recovery
Canadian Solar Inc., Dynamic Lifecycle Innovations, and EIKI SHOJI Co. Ltd. will emerge as major solar panel recycling market participants during 2020-2024
LONDON--(BUSINESS WIRE)--#GlobalSolarPanelRecyclingMarket--The solar panel recycling market is expected to grow by USD 238.30 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the solar panel recycling market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The solar panel recycling market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.
This post-pandemic business planning research will aid clients to:
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
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Global Single Axis Solar PV Tracker Market- The single axis solar PV tracker market is segmented by application (utility and distributed generation) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
Global Building Integrated Photovoltaics Market- The building integrated photovoltaics market is segmented by end-user (commercial, residential, and industrial), panel type (crystalline panel and thin-film panel), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
Major Three Solar Panel Recycling Market Participants:
Canadian Solar Inc.
Canadian Solar Inc. operates the business through various segments such as MSS and Energy. The company offers services related to solar panel recycling which helps to reduce the environmental footprint of solar panels.
Dynamic Lifecycle Innovations
Dynamic Lifecycle Innovations operates the business through various segments such as Solar Panel Management, Legislative Recycling, and Product Management, Electronic Recycling, IT Asset Disposition, Logistics, Consumer Return & Reverse Logistics, and Mobility Management. The company offers Solar panel recycling. The company effectively collect, inventory, inspect, reuse, and/or properly recycle solar panels.
EIKI SHOJI Co. Ltd.
EIKI SHOJI Co. Ltd. operates the business through various segments such as Renewable Energy, OA Equipment, and Semiconductor. The company provides recycling services for solar panels.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/solar-panel-recycling-market-industry-analysis
Solar Panel Recycling Market 2020-2024: Segmentation
Solar panel recycling market is segmented as below:
The solar panel recycling market is driven by growth in solar PV panel installation. In addition, other factors such as growth in solar panel recycling R&D activities are expected to trigger the solar panel recycling market toward witnessing a CAGR of over 28% during the forecast period.
Get more insights about the global trends impacting the future of the solar panel recycling market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45391
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for 2020 before the stock markets open on Wednesday, Feb. 17, 2021.
Following the release, ALLETE President and Chief Executive Officer Bethany M. Owen, Senior Vice President and Chief Financial Officer Robert J. Adams, and Vice President, Controller and Chief Accounting Officer Steven W. Morris will present an overview of results and discuss 2021 earnings guidance and other factors affecting performance during a conference call beginning at 10 a.m. Eastern time. Interested parties may listen to the conference live by calling (877) 303-5852 using passcode 9387381, or by accessing the webcast on ALLETE’s website, www.allete.com.
A replay of the call will be available through Feb. 24, 2021, by dialing (855) 859-2056, conference identification number 9387381. The webcast will be accessible for one year at www.allete.com.
ALLETE is an energy company headquartered in Duluth, Minn. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth, BNI Energy in Bismarck, N.D., and has an eight percent equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com. ALE-CORP
Investor Contact:
Vince Meyer
218-723-3952
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DUBLIN--(BUSINESS WIRE)--The "Mergers and Acquisitions in Oil and Gas (2017-Q1 2020) - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
In 2019, M&A activity reached $224.4bn in deal value, reflecting growth of 29% and 159% compared to 2018 and 2017 respectively.
The main themes that drove M&A activity across the oil and gas industry in 2019 were shale, emerging economies, China impact, industrial regulation, market liberalization, strategic partnerships, extraction technology, subsea, IoT, cloud, and renewable energy. The growing importance of sustainability, combined with volatile oil prices, diminishing resources has also resulted in M&A for diversification.
In the short term, COVID-19 is likely to reduce deal activity in the oil and gas sector. M&A deal count and total deal value has been trending down for the last three consecutive quarters, when measured on the basis of announced deals and deal value. In Q1 2020, a total of 14 M&A deals with a transaction value of $50m or more, were announced in the global oil and gas space.
Scope
Reasons to Buy
Key Topics Covered:
Executive Summary
Part 1: Thematic Drivers of M&A Strategy
Part 2: Covid-19 Impact on the M&A Market
Part 3: M&A Activity in the Oil and Gas Sector Over the Last Three Years
Part 4: Future M&A Targets in Oil and Gas Sector
Part 5: Deal Selection Methodology
Part 6: Glossary
Part 7: Thematic Methodology
For more information about this report visit https://www.researchandmarkets.com/r/wwr7z4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its fourth quarter 2020 financial results before the market opens on Monday, February 1, 2021. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.
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 U.S. 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 and gas mineral interests located in strategic producing regions across the United States.
ARLP currently produces coal from seven mining complexes it operates 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 and gas producing regions in the US, primarily the Permian, Anadarko, Williston and Appalachian 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..
Brian L. Cantrell
Alliance Resource Partners, L.P.
(918) 295-7673
DUBLIN--(BUSINESS WIRE)--The "Global Oil and Gas Industry Contracts Review, Q3 2020 - JGC secures EPC work for multiple units of Basra refinery upgrade project in Iraq" report has been added to ResearchAndMarkets.com's offering.
"Global Oil and Gas Industry Contracts Review, Q3 2020 - JGC secures EPC work for multiple units of Basra refinery upgrade project in Iraq", report is an essential source of data on the awarded contracts in the oil and gas industry.
The report portrays detailed comparative data on the number of contracts and their value in the quarter, subdivided by region, sector and geographies during the quarter, Additionally, the report provides information on the top contractors and issuers based on the worth of contracts executed in the oil and gas industry during the quarter by geographies and over the year.
Scope
Reasons to Buy
Key Topics Covered:
Quarterly Global Oil & Gas Contracts Overview
Upstream Sector Review
Midstream Sector Review
Downstream/Petrochemical Sector Review
Appendix
For more information about this report visit https://www.researchandmarkets.com/r/lrcipr
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Circuit Breaker Market by Insulation Type (Vacuum, Air, Gas, & Oil), Voltage (Medium, High), Installation (Indoor, Outdoor), End User (Transmission & Distribution Utilities, Power Generation, Renewables, & Railways) and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global circuit breaker market size is projected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9% from 2020 to 2025.
The key drivers for the circuit breaker market include growing investments in power generation, specifically from renewable energy sources; rising demand for reliable and secure power supply worldwide; increasing capacity additions and enhancements for T&D networks; and accelerating investments in railways sectors.
The gas circuit breaker segment is expected to hold the largest share of the circuit breaker market, by insulation type, during the forecast period.
The gas circuit breakers segment is estimated to lead the circuit breaker market during the forecast period. The market for a gas circuit breaker is driven by high dielectric property and less space requirement. The Asia Pacific is estimated to hold the largest share of the gas circuit breakers market, followed by Europe because of increasing investments in renewable energy resulting in the demand for the upgrades of the existing substations or the installation of new ones are expected to drive the market for SF6-based gas-insulated switchgear.
Asia Pacific: The fastest-growing market for circuit breaker.
The Asia Pacific is the fastest-growing market for circuit breakers, followed by Europe, and North America. The growth of this region is driven by increasing T&D network expansion and industrialization projects in countries such as China, Japan, and South Korea. For instance, The State Grid Corporation of China (SGCC) plans to invest USD 250 billion in electric power infrastructure upgrade, out of which USD 45 billion are planned to be invested in smart grids between 2018 and 2020. Korea Electric Power Corp. (KEPCO) of South Korea also plans to invest USD 7.18 billion for nationwide smart grid infrastructure, which is to be completed by 2030. All these investments are likely to create demand for circuit breakers in the region.
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/980axs
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Hazardous winds could cause widespread damage, leading to outages throughout service area, with targeted PSPS to reduce risk of catastrophic wildfire
An estimated 6,100 customers in Fresno, Kern, Madera, Mariposa, and Tulare counties who might be affected by the Public Safety Power Shutoff are receiving the initial notifications today, one day ahead of the potential event
Approximately 15,000 customers and four counties removed from PSPS scope
No expected PSPS events in Bay Area
Wind with associated offshore weather system may cause flying debris and vegetation, leading to downed lines and outages
SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to monitor and prepare for a powerful, offshore weather event expected to bring the risk of potential widespread wind-driven damage and related outages throughout the company’s service area. PG&E’s Emergency Operations Center (EOC) is open and the company’s meteorologists are monitoring conditions.
In locations still enduring extremely dry winter conditions, PG&E has notified a targeted number of customers (6,100) in small portions of Fresno, Kern, Madera, Mariposa and Tulare counties about a potential Public Safety Power Shutoff (PSPS) Monday night. Approximately 15,000 customers and four counties were removed from a potential PSPS scope overnight. Those customers who will no longer be impacted by a PSPS are being notified about their updated status.
Due to recent rains, relatively high humidity levels and the lack of any Red Flag Warnings in the Bay Area and some other parts of PG&E’s service area, the company does not anticipate the need for a PSPS in any Bay Area counties during this weather event.
In addition, PG&E’s network of 340 weather cameras across the service area, as well as visual checks by crews in the field, helps the company determine where vegetation has greened up to levels that help make PSPS events unnecessary.
Potential effects associated with the system will vary across PG&E’s service territory and could include:
Forecasts show high-risk conditions arriving Monday evening in the southern portion of PG&E’s service area, with high winds expected to subside by Wednesday morning. Before any PSPS restoration begins, PG&E will inspect de-energized lines to ensure they were not damaged by high winds. PG&E will restore power safely and as quickly as possible once the weather all-clear is given.
There is still uncertainty regarding the strength and timing of this wind event, which PG&E is carefully monitoring. Weather conditions can change quickly. We remind our customers to have an emergency plan and make sure we have up-to-date contact information.
Potential for Wind Damage Across PG&E’s Service Area
The offshore weather event is expected to produce damaging winds across much of California beginning today and extending into early next week. While there may not be a PSPS due to recent rainfall in many parts of PG&E’s service area, there could be wires down and outages due to flying debris and vegetation.
If your vehicle comes in contact with a downed power line:
Potential for Small, Targeted Public Safety Power Shutoff: What People Should Know
The potential PSPS event is still one day away. PG&E in-house meteorologists as well as staff in its Wildfire Safety Operations Center and Emergency Operations Center continue to monitor conditions. PG&E will send additional customer notifications as we move closer to the potential event.
Customer notifications—via text, email and automated phone call—began Saturday afternoon, two days prior to the potential shutoff. When possible, PG&E employees will knock on the doors of customers enrolled in the company’s Medical Baseline program who do not verify that they have received these important safety messages. Those visits will focus on customers who rely on electricity for critical life-sustaining equipment.
Customers by county who could potentially be affected by this PSPS event
PSPS Not Likely for Bay Area Counties
Due to recent rains, relatively high humidity levels and the lack of any Red Flag Warnings in the Bay Area, PG&E does not anticipate the need for a Public Safety Power Shutoff in any Bay Area counties during this weather event.
Why PG&E Calls a PSPS Event
Due to forecasted extreme weather conditions, PG&E is considering proactively turning off power for safety. Windy conditions, like those being forecast, increase the potential for damage and hazards to the electric infrastructure, which could cause sparks if lines are energized. These conditions also increase the potential for rapid fire spread.
State officials classify more than half of PG&E’s 70,000-square-mile service area in Northern and Central California as having a high fire threat, given dry grasses and the high volume of dead and dying trees. The state’s high-risk areas have tripled in size in seven years.
No single factor drives a PSPS, as each situation is unique. PG&E carefully reviews a combination of many criteria when determining if power should be turned off for safety. These factors generally include, but are not limited to:
Here’s Where to Go to Learn More
Community Resource Centers Reflect COVID-Safety Protocols
PG&E will open Community Resource Centers (CRCs) to support any affected customers.
The sole purpose of a PSPS is to reduce the risk of major wildfires during severe weather. While a PSPS is an important wildfire safety tool, PG&E understands that losing power disrupts lives, especially for customers sheltering-at-home in response to COVID-19. These temporary CRCs will be open to customers when power is out at their homes and will provide ADA-accessible restrooms and hand-washing stations; medical-equipment charging; Wi-Fi; bottled water; and non-perishable snacks.
In response to the COVID-19 pandemic, all CRCs will follow important health and safety protocols including:
How Customers Can Prepare for a PSPS
As part of PSPS preparedness efforts, PG&E suggests customers:
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
MEDIA RELATIONS:
415-973-5930
PDI’s payments platform powers EG Group’s SmartPay Rewards app that will be rolled out to thousands of sites
ATLANTA--(BUSINESS WIRE)--#EGGroup--PDI (www.pdisoftware.com), a global provider of enterprise software solutions to convenience retailers and petroleum wholesalers, announced it has reached an agreement with EG Group to expand the use of PDI Payments to nearly 1,700 sites across North America.
PDI added payments capabilities to its Marketing Cloud Solutions offering last year after acquiring ZipLine, the industry leader for ACH payment and provider of mobile payment technology. The PDI Payments platform currently powers EG Group’s SmartPay Rewards. The rewards program originated with Cumberland Farms—one of several U.S.-based convenience store brands EG Group acquired in recent years—and will soon be rolled out to EG Group’s remaining stores across North America.
Customers can download the free app and enjoy a contactless payment experience, whether making purchases in the store or at the pump. PDI will provide the technology to support customer enrollment in SmartPay and deliver ongoing customer service for reward members. The program also allows members to save 10 cents on every gallon of gas they buy as well as earn other rewards.
“We’ve seen significant consumer adoption at the locations where we’ve implemented our SmartPay program,” said Mohsin Issa, Founder and co-CEO at EG Group. “We’re excited to extend our partnership with PDI so we can quickly offer this valuable service to an even larger segment of our loyal customer base.”
Today’s news is the latest example of EG Group and PDI’s growing business relationship. PDI previously announced that the UK-based convenience retailer would implement its ERP, Fuel Pricing, and Logistics solutions to thousands of sites across Europe, North America and Australia.
“We’re proud to be a trusted partner in EG Group’s ongoing growth and development strategy,” said Jimmy Frangis, CEO at PDI. “Payments are such an integral part of creating a convenient, digital-first customer journey. We’re pleased to support a respected global brand like EG Group as they provide differentiated customer experiences at the pump and in the store.”
About PDI
Professional Datasolutions, Inc. (PDI) helps convenience retailers and petroleum wholesalers thrive through digital transformation and enterprise software that enables them to grow topline revenue, optimize operations and unify their business across the entire value chain. Over 1,500 customers in more than 200,000 locations worldwide count on our leading ERP, logistics, fuel pricing and marketing cloud solutions to provide insights that increase volume, margin and customer loyalty. PDI owns and operates the Fuel Rewards® loyalty program that is consistently ranked as a top-performing fuel savings program year after year. For more than 35 years, our comprehensive suite of solutions and unmatched expertise have helped customers of any size reimagine their enterprise and deliver exceptional customer experiences. For more information about PDI, visit www.pdisoftware.com.
Cederick Johnson, PDI
+1 254.410.7600 I This email address is being protected from spambots. You need JavaScript enabled to view it.
For more flexible trading environments and expanded use of surplus electricity from renewable energy
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) and Tokyo Institute of Technology (Tokyo Tech) announced today their joint development of an original blockchain technology that can optimize peer-to-peer (P2P) energy trading. The technology is expected to contribute to more effective use of surplus electricity from renewable energy by creating trading environments that flexibly respond to shared trading needs, particularly to maximize the amount of surplus electricity available in the market at any given time. Beginning in April, the P2P energy trading system’s performance will be evaluated to further optimize the algorithm as required, aiming at the earliest possible commercialization.
In the collaboration, Mitsubishi Electric has taken charge of designing the P2P energy trading system and its clearing (transaction-completion) functions while Tokyo Tech has handled blockchain technology R&D and the design of an optimal clearing algorithm.
For the full text, please visit: www.MitsubishiElectric.com/news/
Media Inquiries
Takumi Yurusa
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-6758
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www.MitsubishiElectric.com/news/
DUBLIN--(BUSINESS WIRE)--The "Ultra High Purity Silicon Carbide Market Size, Share & Trends Analysis Report by Application (Semiconductor, LEDs), by Region (North America, Europe, APAC, CSA, MEA), and Segment Forecasts, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global ultra high purity silicon carbide market size is expected to reach USD 79.0 million by 2027. It is expected to expand at a CAGR of 14.8% from 2020 to 2027.
The rising penetration of electric vehicles and the growth of the renewable energy sector are projected to provide growth opportunities to market vendors.
Power supplies and photovoltaic inverters are among the significant application areas of silicon carbide (SiC) semiconductors. Moreover, SiC power electronics are adopted in electric vehicle charging products, wind energy infrastructure, and industrial motor drives. Thus, the demand for electric vehicles is expected to boost the growth of ultra-high purity silicon carbide semiconductors. The growing utilization of renewable sources of energy for power generation around the globe is anticipated to drive the market for SiC power semiconductors.
The development of emerging technologies, such as quantum computing, artificial intelligence, and 5G technology, is also anticipated to provide new opportunities for market vendors. Increasing penetration of these technologies, particularly in the U.S., is likely to remain a key factor contributing to the market growth.
Companies in the U.S. have invested large sums in these technologies, thereby positively impacting the development of semiconductors required for artificial intelligence, supercomputers, and data centers. For instance, R&D investments in the U.S. semiconductor industry have increased at a CAGR of 6.6% from 1999 to 2019. In the U.S., R&D investments for 2019 amounted to USD 39.8 billion, which was around 17% of its sales, the highest among all the countries.
The increasing demand for light-emitting diodes (LEDs) is another key factor projected to fuel market growth over the coming years. Ultra-high purity silicon carbide is used to remove the impurities in LEDs. The LED lighting market is anticipated to register a growth rate of 13.4% from 2020 to 2027 owing to the decline in prices, stringent regulations related to lighting technologies, and efforts taken by various governments in the direction of sustainable development.
Companies in South Korea are involved in the development of silicon carbide technology, which is projected to remain a key driving factor in the long term. For instance, POSCO, one of the leading steel manufacturers in the globe, invested 10 years in the development of SiC single-crystal. In this project, POSCO is working on the development of 150-mm and 100-mm SiC substrate technology, which is close to commercialization. Another manufacturer SK Corporation (SKC) is likely to commercialize 150-mm SiC wafers.
Ultra High Purity Silicon Carbide Market Report Highlights
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Ultra High Purity Silicon Carbide Market Variables, Trends & Scope
3.1. Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Manufacturing trends & technology overview
3.3.2. Sales Channel Analysis
3.4. Technology Overview
3.5. Regularity Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market challenges
3.7. Business Environment Analysis: Ultra High Purity Silicon Carbide market
3.7.1. Industry Analysis - Porter's
3.7.2. PESTEL Analysis
Chapter 4. Ultra High Purity Silicon Carbide Market: Application Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Application Movement Analysis & Market Share, 2019 & 2027
4.3. Market size & forecasts and trend analysis, 2016 to 2027
4.3.1. Semiconductor
4.3.2. LEDs
4.3.3. Others
Chapter 5. Ultra High Purity Silicon Carbide Market: Regional Estimates & Trend Analysis
5.1. Regional Market Snapshot
5.2. Definition & Scope
Chapter 6. Ultra High Purity Silicon Carbide Market - Competitive Analysis
6.1. Key global players & recent developments & their impact on the industry
6.2. Vendor Landscape
6.2.1. List of potential end-users
6.3. Company market positioning
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/vitpgi
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
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An estimated 21,000 customers in Calaveras, Fresno, Kern, Madera, Mariposa, San Luis Obispo, Santa Barbara, Tulare and Tuolumne counties who might be affected by the Public Safety Power Shutoff are receiving the initial notifications today, two days ahead of the potential event
No Expected PSPS Impact in Bay Area
Wind with Associated Offshore Weather System May Cause Flying Debris and Vegetation Leading to Downed Lined and Outages as Well
SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has notified a targeted number of customers in small portions of Calaveras, Fresno, Kern, Madera, Mariposa, San Luis Obispo, Santa Barbara, Tulare and Tuolumne counties about a potential Public Safety Power Shutoff (PSPS) Monday night. Dry conditions combined with high wind gusts pose an increased risk for damage to the electric system that could ignite fires in areas with dry vegetation.
PG&E Emergency Operations Center (EOC) is open and the company’s meteorologists are monitoring the situation. In addition to the potential for a PSPS event in parts of PG&E service area, strong and gusty winds may cause flying debris and vegetation which can impact power lines and cause additional outages.
Forecasts show high fire-risk conditions arriving Monday evening in the southern portion of PG&E’s service area, with high winds expected to subside by Wednesday morning. Before any restoration begins, PG&E will inspect de-energized lines to ensure they were not damaged by high winds. PG&E will restore power safely and as quickly as possible once the weather all-clear is given.
There is still uncertainty regarding the strength and timing of this weather wind event, which PG&E is carefully monitoring.
Potential for Small, Targeted Public Safety Power Shutoff: What People Should Know
The potential PSPS event is still two days away. PG&E in-house meteorologists as well as staff in its Wildfire Safety Operations Center and Emergency Operations Center continue to monitor conditions. PG&E will send additional customer notifications as we move closer to the potential event.
Customer notifications—via text, email and automated phone call—began this afternoon, two days prior to the potential shutoff. When possible, PG&E employees will knock on the doors of customers enrolled in the company’s Medical Baseline program who do not verify that they have received these important safety messages. Those visits will focus on customers who rely on electricity for critical life-sustaining equipment.
Customers by county who could potentially be affected by this PSPS event
PSPS Not Likely for Bay Area Counties
Due to recent rains, relatively high humidity levels and the lack of any Red Flag Warnings in the Bay Area, PG&E does not anticipate the need for a Public Safety Power Shutoff in any Bay Area counties during this weather event.
Potential for Wind Damage Across PG&E’s Service Area
The offshore weather event is expected to produce damage-producing winds across much of California beginning Sunday and extending into early next week. While there may not be a PSPS in many areas due to recent rainfall in the northern parts of PG&E’s service area, there could be wires down and outages due to flying debris and vegetation.
If you see a downed power line, assume it is energized and extremely dangerous. Do not touch or try to move it—and keep children and animals away. Report downed power lines immediately by calling 911 and by calling PG&E at 1-800-743-5002.
Why PG&E Calls a PSPS Event
Due to forecasted extreme weather conditions, PG&E is considering proactively turning off power for safety. Windy conditions, like those being forecast, increase the potential for damage and hazards to the electric infrastructure, which could cause sparks if lines are energized. These conditions also increase the potential for rapid fire spread.
State officials classify more than half of PG&E’s 70,000-square-mile service area in Northern and Central California as having a high fire threat, given dry grasses and the high volume of dead and dying trees. The state’s high-risk areas have tripled in size in seven years.
No single factor drives a PSPS, as each situation is unique. PG&E carefully reviews a combination of many criteria when determining if power should be turned off for safety. These factors generally include, but are not limited to:
Here’s Where to Go to Learn More
Community Resource Centers Reflect COVID-Safety Protocols
PG&E will open Community Resource Centers (CRCs) to support any affected customers.
The sole purpose of a PSPS is to reduce the risk of major wildfires during severe weather. While a PSPS is an important wildfire safety tool, PG&E understands that losing power disrupts lives, especially for customers sheltering-at-home in response to COVID-19. These temporary CRCs will be open to customers when power is out at their homes and will provide ADA-accessible restrooms and hand-washing stations; medical-equipment charging; Wi-Fi; bottled water; and non-perishable snacks.
In response to the COVID-19 pandemic, all CRCs will follow important health and safety protocols including:
How Customers Can Prepare for a PSPS
As part of PSPS preparedness efforts, PG&E suggests customers:
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
MEDIA RELATIONS:
415-973-5930
HOUSTON--(BUSINESS WIRE)--#healthcareworkersrock--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black with a facility in Belpre, Ohio, today announced that it has donated $10,000 to the Memorial Health Foundation to support the fight against COVID-19 in a region that includes southeastern Ohio and northwestern West Virginia.
"This donation exemplifies our support of front-line community health care workers in the fight against COVID-19. We are proud that we can do our part to help provide much needed equipment and technology in the fight against the pandemic," said Corning Painter, chief executive officer of Orion Engineered Carbons.
In commenting on the funding Jarrett Stull, Executive Director Memorial Health Foundation said, “In three short weeks, our community has come together to raise more than $530,000 to help our local health care system continue the fight against COVID-19 and prepare for a vaccination clinic that will be significant in moving the Mid-Ohio Valley through this virus. Orion’s gift demonstrates the thoughtful leadership this company has to ensure the health and safety of our community.”
The donation is a continuation of Orion’s commitment to supporting the global communities that the company serves as a responsible corporate citizen working towards a sustainable future for all of its stakeholders.
About Orion Engineered Carbons S.A.
Orion is a worldwide supplier of carbon black. We produce a broad range of carbon blacks that include high-performance specialty gas blacks, acetylene blacks, furnace blacks, lamp blacks, thermal blacks and other carbon blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion operates 14 global production sites and has approximately 1,425 employees worldwide. For more information, please visit our website www.orioncarbons.com.
About Memorial Health System
Memorial Health System is a not-for-profit integrated health system lead by a volunteer board of community members committed to providing comprehensive care services that meet the needs of our region. We are comprised of a network of locations and specialties provided by over 3,000 employees that include three hospitals (Marietta Memorial Hospital, Selby General Hospital and Sistersville General Hospital), outpatient service sites, and provider clinics. Memorial Health System strives to deliver quality care and service with an additional focus on medical education and community service. We invest in the most advanced technologies and treatments today, giving our patients the care that they need, so they can stay close to home.
Orion Engineered Carbons S.A.
Wendy Wilson, Investor Relations +1 281-974-0155
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Memorial Health System
Jennifer Offenberger, Associate Vice President of Service Excellence +1 740-374-1797
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LONDON--(BUSINESS WIRE)--#marketintelligence--The oil industry is extremely challenging, and industry players often face significant logistic and supply chain challenges. Recently, industry leaders are shifting from geocentric models to globally centralized functional models. While the aim is to improve performance, more often than not, the inability to deliver efficiently causes major setbacks for industry players. Therefore, oil industry players are now leveraging market intelligence solutions to make data-driven strategic decisions, improve operational efficiency, and successfully establish a broad-based frontline mobilization.
To leverage Infiniti’s market intelligence solutions, re-invent your business models, gain a strategic edge, and stay a step ahead in the oil industry, request a free proposal.
“The COVID-19 outbreak has caused a significant threat to the global oil industry. Our business continuity support solutions can help oil companies combat the business impact of COVID-19, maintain business continuity, and prepare for the new normal,” says an oil and gas industry expert at Infiniti Research.
Business Challenge:
The client, a leading oil company based out of the United States, sought to improve performance by developing a centralized functional model instead of the current geocentric model. However, decentralizing became ineffectual and difficult to manage. The oil industry client sought to improve capital efficiency, allocate scarce capabilities better, and address workforce challenges. Therefore, they chose to leverage Infiniti’s expertise in offering market intelligence solutions. During the seven-week engagement, the client also wanted to enhance their operational expertise, improve safety standards, and adopt industry best practices.
Our Approach:
To assist the oil industry client, Infiniti’s market intelligence experts developed a comprehensive approach, which included the following:
Business Outcome:
Leveraging Infiniti’s market intelligence solutions helped the oil industry client implement the new organization across their units while avoiding disruption and before the deadline. This enabled defining process maps and decisions for particular key processes and document responsibilities for key roles. Additionally, they established a broad-based frontline mobilization, built a strong operational infrastructure that supports loyalty initiatives and effective communication strategies. The oil industry client repositioned itself as a competitor, offered more flexible pricing and offerings. Lastly, the market intelligence solution helped the client achieve a 6x return on invested capital.
Speak to industry experts to understand the value and benefits of market intelligence solutions in the vast and dynamic oil industry.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to analyze competitive activity, see beyond market disruptions and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us
Press Contact
Infiniti Research
Anirban Choudhury
Marketing Manager
US: +1 844 778 0600
UK: +44 203 893 3400
https://www.infinitiresearch.com/contact-us
Swell Energy is partnering with local developers to deploy solar+storage assets on Oahu, Maui and Hawaii islands and generate savings for solar customers
LOS ANGELES--(BUSINESS WIRE)--Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated “virtual power plant” (VPP) on three islands. Swell Energy, a California-based energy and smart grid solutions provider, will deploy behind-the-meter solar-powered home batteries to approximately 6,000 residential customers to create a comprehensive VPP on Oahu, Maui and Hawaii islands.
Swell’s VPPs are based on an aggregated network of distributed energy resources that provide a variety of benefits to utilities and their customers. This large-scale commercial VPP in Hawaii represents an important advance in battery technology and capability.
The Hawaii program will deliver more than 25 megawatts of solar power paired with over 80 megawatts of batteries and 100 megawatt hours of stored energy, delivering capacity and frequency response to the three island grids while also reducing bills for participating customers.
The contract was awarded in response to Hawaiian Electric’s request for dispatchable energy storage and renewable generation through distributed energy resources along with capacity and ancillary services to ensure adequate supply and power system reliability across the Hawaiian Electric service territory.
Swell Energy will augment Hawaiian Electric’s energy supply by relieving the grids of excess renewable energy as production spikes and absorbing excess wind energy when needed, thereby reducing peak demand and providing 24/7 fast frequency response to balance the grids. The renewable energy storage systems will collectively respond to grid needs dynamically, moment-to-moment.
“An agreement of this scale and scope was required to support Hawaiian Electric’s clean energy goals across the three islands. Providing this level of capacity and ancillary services establishes a new standard for virtual power plants and builds on Swell Energy’s deployments across the mainland United States. This fleet of dispatchable energy resources benefits the utility and allows customers to save money and come together to form a more resilient grid,” said Suleman Khan, CEO of Swell Energy.
The program is available to Oahu, Maui and Hawaii Island customers who are seeking solar energy with a home battery for back-up capability, as well as those who already have solar systems with storage installed. This is one of several VPPs that Swell Energy is launching with other investor-owned utilities and community-choice aggregation programs in the U.S. These VPPs offer a variety of customized grid services determined by the needs of the communities and utilities they serve. Notably, the Hawaii program will form Swell Energy’s largest VPP to date.
“Our islands have small, stand-alone grids with a high-level renewable generation, which makes them sensitive to supply and demand imbalances,” said Yoh Kawanami, Hawaiian Electric customer energy resources co-director. “This project is an important opportunity for Hawaiian Electric and Swell Energy to develop an innovative portfolio of customer-sited resources that meet a variety of grid requirements, while providing additional choices and benefits for our customers.”
Swell is launching the first phase of its VPP program in partnership with RevoluSun, the leading residential solar company in Hawaii. Homeowners interested in adopting solar + storage solutions and enrolling in the Hawaii program can sign up for announcements on the Swell Energy website at https://www.swellenergy.com/nalu.
About Swell Energy, Inc.
Swell Energy is creating a greater grid for the greater good. The energy management and smart grid solutions provider is accelerating the mass adoption of distributed clean energy technologies by making it easy for consumers to take control of their energy use, achieve energy security and save costs. The company provides homeowners and businesses with financing and educational resources and partners with trusted local solar and solar+storage companies for seamless, high-quality product installations. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering resilient virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system. Learn more at www.swellenergy.com.
About Hawaiian Electric
Since 1891, Hawaiian Electric has provided the energy that has fueled Hawaii’s development from a Polynesian kingdom to a modern American state. Hawaiian Electric serves 95 percent of the state’s 1.4 million residents on Oahu, Maui, Hawaii Island, Lanai and Molokai. Hawaiian Electric is committed to empowering its customers and communities with affordable, reliable, clean energy and achieving a 100 percent renewable energy future for Hawaii.
In 2020, close to 35 percent of the energy used by Hawaiian Electric customers came from a diverse mix of renewable sources including waste-to-energy, biomass, geothermal, hydro, wind, biofuels and solar, both utility-scale and customer-sited rooftop systems. Hawaiian Electric is a leading employer with more than 2,700 team members across its five-island service territory. It is owned by parent company Hawaiian Electric Industries (NYSE: HE). For more information, visit: www.hawaiianelectric.com.
Camille Cater
Antenna Group for Swell Energy
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551-225-1478
DUBLIN--(BUSINESS WIRE)--The "World - Diesel Engines (Other Than For Motor Vehicles And Aircraft) - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.
This report has been designed to provide an in-depth survey of the global diesel engine market. It covers the most recent data sets of quantitative medium-term projections, as well as developments in production, trade, consumption and prices. The report also indicates a comparative analysis of the biggest consuming countries, revealing opportunities opened for producers and exporters across the globe. The outlook outlines market perspectives 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.
Data coverage:
The report will help you:
This report is designed for manufacturers, distributors, importers, and wholesalers, 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, the author combines the accumulated expertise of the analysts and the capabilities of artificial intelligence. The AI-based platform, developed by 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. Most Promising Products
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 Product Worldwide
4.4 Most Traded Product
4.5 Most Profitable Product 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/ff02k4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today Emera (TSX: EMA) announced that it will release its Q4 2020 results on Tuesday, February 16, 2021, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.
Analysts and other interested parties in North America are invited to participate by dialing 1-866-521-4909. International parties are invited to participate by dialing 1-647-427-2311. Participants should dial in at least 10 minutes prior to the start of the call. No pass code is required.
A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com. A replay of the teleconference will be available two hours after the conclusion of the call by dialing 1-800-585-8367 and entering pass code 1242559.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.
Emera Inc.
Investor Relations:
Erin Power, 902-428-6760
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Media:
902-222-2683
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MADISON, Wis.--(BUSINESS WIRE)--The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today declared the regular quarterly dividend of $0.37 per share on the outstanding shares of the company's common stock, payable March 15, 2021, to shareholders of record at the close of business March 1, 2021.
MGE Energy has increased its dividend annually for the past 45 years and has paid cash dividends for more than 110 years.
About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 155,000 customers in Dane County, Wis., and purchases and distributes natural gas to 163,000 customers in seven south-central and western Wisconsin counties.
Steve Schultz
Corporate Communications Manager
608-252-7219 | This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON, NEW YORK & SINGAPORE--(BUSINESS WIRE)--Commonwealth LNG, in association with Gunvor Group (“Gunvor”), announced today the launch of a formal process to solicit bids to reserve offtake from its planned 8.4 million tons per annum (MTPA) LNG facility in Cameron, Louisiana. It is the first ever tender process in which prospective LNG customers can secure future term supply at volumes, pricing and durations of their choosing through competitive bidding. LNG will be made available under tolling, free on board (FOB) or delivered at place (DAP) offtake agreements to match customer preferences. Commonwealth officials say that a different approach is warranted following changes in the energy market resulting from the global pandemic.
Commonwealth Founder and CEO Paul Varello said the innovative approach to selling LNG benefits the project as well as potential buyers. “We believe this process offers a mutually advantageous, low-risk solution for buyers to address their long-term needs while allowing Commonwealth to advance our project expeditiously to meet market demand.”
Commonwealth’s tender is supported by Gunvor Group, Ltd., the leading independent global trader of LNG. Gunvor and Commonwealth LNG have a strategic agreement under which Gunvor supports Commonwealth in securing binding LNG offtake and gas supply agreements for the facility. Gunvor has committed to take up to 3 MTPA of LNG offtake from the project. In addition, as part of the tender, Gunvor will enable the offering of DAP basis to customers desiring this option. Furthermore, the utilization of Gunvor’s LNG portfolio will allow the offering to provide firm LNG supply obligations, which will mitigate greenfield project supply risk and/or allow deliveries of LNG prior to the start-up of the Commonwealth LNG project to buyers who require earlier supplies.
“The tender process further builds on the momentum generated between Commonwealth and Gunvor under the Strategic Agreement executed in 2019,” said Kalpesh Patel, Gunvor Co-Head of LNG Trading. “The flexibility Gunvor can offer both in terms of early bridging volumes and firm DES/DAP contracts differentiates Commonwealth from other developing LNG projects.”
Commonwealth has retained Poten & Partners, Inc. to manage the tender process. Poten is widely recognized as the leading LNG advisory firm in the world. The tender process is being launched January 18. It calls for confirmations of interest by mid-February and submission of bids by early April 2021. Commonwealth will evaluate each bid based on the bidder’s requested volume, price, contract tenor and credit. Contracts are due to be awarded by June of this year.
The project should achieve FID in the first quarter of 2022, with the first cargo expected in Q2 of 2025. Commonwealth is implementing an accelerated construction schedule that will allow the project to be built in three years using a predominantly modular approach with major components being fabricated offsite, enabling the project to offer one of the most competitive LNG sales prices from the United States.
About Commonwealth LNG
Commonwealth LNG is an 8.4 MTPA liquefied natural gas (LNG) export terminal project located on the Calcasieu River at the Gulf of Mexico near Cameron, Louisiana. The project’s leadership team is committed to building a world-class LNG facility by staying relentlessly focused on managing risk and lowering capital cost. www.CommonwealthLNG.com
About Gunvor Group Ltd
Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. The company is the leading independent global trader of Liquefied National Gas (LNG). www.GunvorGroup.com
About Poten & Partners, Inc.
Poten & Partners is a wholly owned subsidiary of BGC Partners. For over 80 years. Poten has provided clients with valuable insight into the international oil, gas and shipping markets. Its team of experienced commercial advisors has supported existing and developing LNG projects worldwide. www.Poten.com
Media Inquiries:
Commonwealth LNG
Lyle Hanna
Director of Communications
Office: 346-352-4436
Cell: 281-794-9606
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Middle-East Completion Equipment and Services Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The Middle-East completion equipment and services market is expected to grow at a CAGR of more than 1% over the period of 2020-2025.
Factors such as increasing production from conventional and unconventional resources and reducing maintenance costs of the well are expected to drive the market. However, volatility in crude oil and natural gas prices, leading to a decrease in exploration and production activities, may restrain the growth of the market.
Companies Mentioned
Key Market Trends
Offshore to be a Significant Segment in the Market
In the offshore segment, the well intervention is expensive and high-risk, well completions equipment and services have proven their value in managing production from multilateral wells, horizontal wells with multiple zones, wells in heterogeneous reservoirs, and mature reservoirs.
Saudi Arabia to Dominate the Market
Saudi Arabia possesses around 18% of the world's proven petroleum reserves. The country is among the largest of users of well completion equipment and services and is expected to dominate in the forecast period.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast, in USD Billion till, 2025
4.3 Crude Oil Production and Forecast, in million barrels per day, till 2025
4.4 Natural Gas Production and Forecast, in billion cubic feet, till 2025
4.5 Recent Trends and Developments
4.6 Government Policies and Regulations
4.7 Market Dynamics
4.7.1 Drivers
4.7.2 Restraints
4.8 Supply Chain Analysis
4.9 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Location of Deployment
5.1.1 Onshore
5.1.2 Offshore
5.2 Geography
5.2.1 Saudi Arabia
5.2.2 United Arab Emirates
5.2.3 Qatar
5.2.4 Iraq
5.2.5 Rest of Middle-East
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Weatherford International plc
6.3.2 National-Oilwell Varco Inc.
6.3.3 Baker Hughes Company
6.3.4 Superior Energy Services, Inc.
6.3.5 Weir Group PLC
6.3.6 Schlumberger Limited
6.3.7 Halliburton Company
6.3.8 Schoeller-Bleckmann Oilfield Equipment AG
6.3.9 Trican Well Services
6.3.10 Welltec A/S
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/oz2dxa
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.