Shape strategic responses through the phases of industry recovery
Advanced Drainage Systems Inc., Aliaxis Group SA, and Astral Poly Technik Ltd. will emerge as major polymer pipes market participants during 2020-2024
LONDON--(BUSINESS WIRE)--#GlobalPolymerPipesMarket--The polymer pipes market is expected to grow by USD 13.15 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the polymer pipes market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19
The polymer pipes market will witness a neutral 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 in 2020 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.
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Major Three Polymer Pipes Market Participants:
Advanced Drainage Systems Inc.
Advanced Drainage Systems Inc. operates its business through segments such as Pipe, Infiltrator Water Technologies, International, and Allied Products & Other. The company offers a line of products such as HP Storm - Dual Wall - PP Pipe, N-12 Dual Wall - HDPE Pipe, and SaniTite HP - HP- PP Pipe among others.
Aliaxis Group SA
Aliaxis Group SA operates its business through the Unified segment. The company offers a line of plastic piping solutions for use in building, infrastructure, industrial and agricultural applications.
Astral Poly Technik Ltd.
Astral Poly Technik Ltd. operates its business through segments such as Plastic and Adhesives. The company offers PE, PP, and PVC drainage piping systems for various sewerage and drainage needs through its product lines Farmcore, D-Rex, and Drainmaster among others.
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/polymer-pipes-market-industry-analysis
Polymer Pipes Market 2020-2024: Segmentation
Polymer pipes market is segmented as below:
The polymer pipes market is driven by the rapidly growing construction industry. In addition, other factors such as the growing use of polymer pipes in deepwater drilling is expected to trigger the polymer pipes market toward witnessing a CAGR of over about 6% during the forecast period.
Get more insights about the global trends impacting the future of the polymer pipes market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45651
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Global Copper Pipes and Tubes Market - Global copper pipes and tubes market is segmented by end-user (HVAC, industrial heat exchange, plumbing, and others) and geography (APAC, Europe, North America, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
Global Pipe Coating Market - Global pipe coating market is segmented by type (Thermoplastic coatings, Metal coatings, Fusion-bonded epoxy coatings, Concrete weight coatings, and others), geography (North America, Europe, APAC, MEA, and South America), and application (Oil and gas, Industrial and chemical processing, Municipal water supply, and Others). Click Here to Get an Exclusive Free Sample Report
Market Drivers
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Market Trends
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SAN FRANCISCO--(BUSINESS WIRE)--Holiday lights and decorations are already popping up around many communities in Northern and Central California—offering a dash of much-needed cheer in 2020. As those lights go up indoors or outside, Pacific Gas and Electric Company (PG&E) reminds customers to use energy efficient bulbs, which are the safest option and can help save money.
“Holidays are a great time to remind our customers about how to practice holiday lighting safety. First and foremost, be aware of your surroundings to avoid electric hazards,” said Aaron August, PG&E Vice President of Business Development & Customer Engagement. “Second, LED lights are a great way to save energy and money on your bill this time of year.”
Life-Saving Holiday Lighting Safety Tips
LED Lights are Safe, Efficient and Long-lasting
When not used properly, decorations—particularly lights—can create safety hazards or cause fires. By taking the proper precautions both inside and outside of the home, customers can prevent hazards and focus on friends and family during the holidays.
More Ways to Save Energy and Money
PG&E also reminds customers to periodically check lights and decorations throughout the season to ensure they continue to operate safely. For more PG&E holiday safety and energy efficiency tips, visit www.pge.com.
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 nearly 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
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LONDON--(BUSINESS WIRE)--#apac--The Propane Market is poised to experience spend growth of more than USD 22 billion between 2020-2024 at a CAGR of over 2.92%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages
Read the 120-page research report with TOC and LOE on "Propane Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."
SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Propane Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.
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Insights into strategies that will help buyers optimize their category management practices. The report answers the following questions:
Some of the top Propane Market suppliers enlisted in this report
This Propane Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us.
Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG) announces that it has closed on a $49,150,000 loan for a term of 7 years. OSG’s subsidiaries, OSG 205 LLC and OSG Courageous II LLC, obtained the loan to finance one new 204,000 barrel U.S. Flag oil and chemical ATB barge, the OSG 205, and to refinance the tug to which the barge is being paired, the OSG Courageous. The barge is being built by the Greenbriar Marine shipyard and is set to be delivered in the next few weeks. As part of the financing, the lender received a collateral assignment of the vessel construction contract for the barge and, upon delivery of the barge, the lender will hold a perfected first priority security interest and preferred ship mortgage. The lender also holds a perfected first priority security interest and preferred ship mortgage against the tug. The loan is guaranteed by OSG.
Dick Trueblood, OSG’s Vice President and Chief Financial Officer stated, “We are very pleased to have completed the financing of the OSG 205 and the tug OSG Courageous, and particularly for the incredibly smooth and efficient execution of the transaction during a continued period of market volatility.”
Sam Norton, President and CEO of OSG commented, “The transaction marks an important milestone in completing the construction and delivery of the second of two barges built for OSG at Greenbriar Marine shipyard. All complex projects require the contribution of multiple partners to achieve success, and we are pleased to have teamed up with our financing partner and Greenbriar in providing the necessary resources to bring this project to fruition. With delivery of the barge imminent, we look forward to commencing service under a one year time charter early next month and to continuing our focus on providing safe, reliable and environmentally responsible transportation services to our customers.”
About Overseas Shipholding Group, Inc.
Overseas Shipholding Group, Inc. (NYSE: OSG) is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator of tankers and ATBs in the Jones Act industry. OSG’s 21 vessel U.S. Flag fleet consists of three crude oil tankers doing business in Alaska, one conventional ATBs, two lightering ATBs, three shuttle tankers, ten MR tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program. OSG also currently owns and operates two Marshall Islands flagged MR tankers which trade internationally.
OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in Tampa, FL. More information is available at www.osg.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, the Company may make or approve certain forward-looking statements in future filings with the Securities and Exchange Commission (SEC), in press releases, or in oral or written presentations by representatives of the Company. All statements other than statements of historical facts should be considered forward-looking statements. These matters or statements may relate to our prospects, supply and demand for vessels in the markets in which we operate and the impact on market rates and vessel earnings, the expected delivery schedule of our new barge under construction and its expected participation in the Jones Act trade, the continued stability of our niche businesses, and the impact of our time charter contracts on our future financial performance. Forward-looking statements are based on our current plans, estimates and projections, and are subject to change based on a number of factors. Investors should carefully consider the risk factors outlined in more detail in our Annual Report on Form 10-K and in similar sections of other filings we make with the SEC from time to time. We do not assume any obligation to update or revise any forward-looking statements except as may be required by applicable law. Forward-looking statements and written and oral forward-looking statements attributable to us or our representatives after the date of this press release are qualified in their entirety by the cautionary statements contained in this paragraph and in other reports previously or hereafter filed by us with the SEC.
OSG Investor Relations & Media Contact:
Susan Allan, Overseas Shipholding Group, Inc.
(813) 209-0620
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RALEIGH, N.C.--(BUSINESS WIRE)--#cyberdefense--Siemens Energy and Traverse City Light and Power (TCL&P) have installed the first circuit switcher that utilizes clean dry air in place of traditional sulfur hexafluoride (SF6) insulating gas.
Built at the Siemens Energy plant in Richland, Mississippi, and commissioned at TCL&P in October 2020, the Blue Clean Air 72.5 kV CPV2V Circuit Switcher is the first in the U.S. to provide reliable short-circuit interruption without emitting harmful gases into the atmosphere. By contrast, SF6, the insulating gas typically used in gas insulated equipment (GIE) has a global warming potential of 23,500x that of CO2.
Siemens Energy is focused on creating environmentally friendly products like this carbon neutral technology that are sustainable and help drive the energy transition. The Blue line of Clean Air vacuum technology for Circuit Breakers and Switchers is capable of reliable short-circuit interruption at voltage levels above 69 kV with no Global Warning Potential (GWP) emissions over the lifetime of the equipment.
TCL&P is a community-owned municipal utility serving over 12,700 customers in Traverse City, Michigan, as well as parts of East Bay, Elmwood, Garfield and Peninsula townships. It has adopted renewable generation sourcing goals of 40% by 2020, and 100% by 2040. Known for its focus on environmental stewardship, TCL&P has implemented many programs and standards to reduce its carbon footprint. Tony Chartrand, system engineer at TCL&P, says the utility chose to upgrade to the Blue Clean Air technology to “Provide more reliability to our customers and save maintenance costs along with being more environmentally friendly.”
The Blue Clean Air Circuit Switcher is designed to reliably operate in conditions as low as -50° C, making it ideal for cold weather climates by eliminating the need for external heaters. The design and reliability of the components make it maintenance free over the lifetime of the circuit switcher.
Additionally, the circuit switcher is easily filled with clean dry air as needed, eliminating the need for costly fluorinated gas storage and use of complex gas carts to handle SF6 gas. Replacing an existing circuit switcher with the Blue Clean Air model is simple because it shares a similar footprint. Clean air vacuum technology offers estimated life cycle cost advantages up to 40% over SF6 circuit switchers.
“By investing in reliable and ecologically responsible products, like our Blue Clean Air technologies, our customers increase their production cost competitiveness while also helping to protect the environment,” says Wade Lauer, senior vice president, Transmission Products and Systems North America for Siemens Energy.
This press release is available at www.siemens-energy.com/press
Follow us on Twitter at: www.twitter.com/siemens_energy
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 91,000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal year 2019. www.siemens-energy.com.
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LOS ALTOS, Calif. & NOVATO, Calif.--(BUSINESS WIRE)--PowerFlex-an EDF Renewables Company completed the installation of 49 electric vehicle (EV) charging stations for the Buck Institute for Research on Aging. The EV chargers provide Buck employees with a reliable way to secure a fully charged battery during the workday with a sustainable source of energy from the onsite solar system.
The EV charging system uses PowerFlex’s Adaptive Load Management (ALM) technology. This patented technology, developed out of Caltech, maximizes the delivery of power to electric vehicles while reducing or eliminating the need for costly utility upgrades by managing charging dependent upon driver’s demand, building load, and onsite generation. The PowerFlex ALM enables the site to more than double the number of charging ports compared to a typical circuit-sharing method.
The smart EV charging platform is designed to flatten charging consumption and shift the consumption into the middle of the day to align with solar production. The integrated system is tailored to the facility’s energy characteristics, turning the solar carport and EV charging stations into a sustainable clean energy asset that reduces operational energy costs with no up-front capital costs.
According to Max Wilcox, Business Development Manager for PowerFlex, “It takes an innovative client like the Buck to push the boundaries of scalability and power management to build for the future of electric vehicles. We are pleased to build upon our relationship to help Buck meet their energy and EV charging needs in a sustainable way.”
“As a scientist who is fully invested in promoting and utilizing electric vehicles whenever and wherever possible, it’s really rewarding to have this EV charging system fully operational on our campus,” said Buck professor Simon Melov, PhD. “Doing our part to address climate change and support a healthier environment definitely supports the Buck’s efforts to help people live better longer. Kudos to PowerFlex for bringing their cutting-edge technology to our campus.”
In 2016, EDFR built a 1.11 MWp solar carport system on a 4-acre upper parking lot at the Buck whereby the energy generated is delivered to MCE customers including the Buck Institute. The project marked the largest solar PV facility in Marin County at the time allowing Buck to forge a partnership with EDFR and be part of the solution to reducing energy-related greenhouse gas emissions.
PowerFlex is a part of EDF Renewables North America, a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Distributed Solutions group offers on-site clean energy for office buildings, load serving entities, corporates and industrials. The company delivers solar, storage and electric vehicle charging stations as separate products or combined as a full microgrid offering.
Buck Institute EV Charger System Video: https://youtu.be/cCr4MPbGz64
About PowerFlex:
Founded in 2007, PowerFlex delivers turn-key solutions for workplace electric vehicle charging solutions, from startups and high schools to Fortune Global 500 companies. The company has deployed over 2,000 charging stations across California providing customers with large-scale EV charging at lower cost. PowerFlex Systems’ Adaptive Load Management (ALM), a software algorithm that optimizes power consumption across a large network of charging stations, optimizes each station’s output to meet user demand while only using a fraction of the aggregate power traditionally required. This allows businesses to shave as much as 60% off the cost of electrical system upgrades and peak demand charges, paving the way to larger and more affordable charging networks that ultimately meet or exceed the adoption pace of electric vehicles. PowerFlex Systems was acquired by EDF Renewables North America in 2019.
EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar, solar+storage, EV charging and energy management; and asset optimization: technical, operational, and commercial skills to maximize performance of generating projects. EDF Renewables’ North American portfolio consists of 16 GW of developed projects and 11 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.
About the Buck Institute for Research on Aging:
At the Buck, we aim to end the threat of age-related diseases for this and future generations. We bring together the most capable and passionate scientists from a broad range of disciplines to study mechanisms of aging and to identify therapeutics that slow down aging. Our goal is to increase human health span, or the healthy years of life. Located just north of San Francisco, we are globally recognized as the pioneer and leader in efforts to target aging, the number one risk factor for serious diseases including Alzheimer’s, Parkinson’s, cancer, macular degeneration, heart disease, and diabetes. The Buck wants to help people live better longer. Our success will ultimately change healthcare. Learn more at: https://buckinstitute.org
EDF Renewables Contact:
Sandi Briner, +1 858-521-3525
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Buck Contact:
Kris Rebillot, +1 415-209-2080
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LONDON--(BUSINESS WIRE)--#GlobalUnmannedSurfaceVehicleMarket--The new unmanned surface vehicle market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
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"One of the primary growth drivers for this market is the increased research and investment on USVs,” says a senior analyst for the Industrials industry at Technavio. As the markets recover, Technavio expects the unmanned surface vehicle market size to grow by $ 1.15 billion during the period 2020-2024.
Unmanned Surface Vehicle Market Segment Highlights for 2020
Regional Analysis
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Global UAV Flight Training and Simulation Market - Global UAV flight training and simulation market segmentation by type (HALE UAVs, MALE UAVs, and SUAVs), application (defense and commercial), and geography (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report
Global Counter Unmanned Aerial Vehicle (UAV) Defense System Market - Global counter unmanned aerial vehicle defense system market segmentation by type (detection systems and detection and disruption systems) and geography (North America, APAC, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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LOS ANGELES--(BUSINESS WIRE)--Faraday Future (FF), a California-based global shared intelligent mobility ecosystem company, today announced that it has joined a coalition made up of 30 companies to launch the Zero Emission Transportation Association (ZETA), an organization dedicated to achieving 100% electric vehicle (EV) sales in the United States by 2030. Founding members are industry leaders in the EV space including Tesla, Uber and EVgo whose values and strategic interests support ZETA’s principles of EV adoption and growth in the US.
ZETA is the first coalition of its kind advocating for 100% EV sales by 2030, which will create hundreds of thousands of new jobs, secure American global EV manufacturing leadership, dramatically improve public health and significantly reduce carbon pollution.
Specifically, ZETA will focus on five key policy pillars that can, in the aggregate, put the US on the pathway to full EV sales by 2030:
1. Outcome-driven consumer EV incentives;
2. Emissions/performance standards;
3. Infrastructure investments;
4. Domestic manufacturing, including job creation and economic activity across the entire EV supply chain and lifecycle, from critical materials to vehicles;
5. Federal leadership and cooperation with sub-national entities.
“We are delighted to have the opportunity to be a founding partner in this extraordinary coalition of EV industry pioneers,” said Carsten Breitfeld, Global CEO of FF.
“At FF, we truly believe that EVs are the future and along with the fundamental principles that ZETA will advocate for, we can reach our goals for increased EV adoption and secure the path to future electric mobility.”
ABOUT FARADAY FUTURE
Established in May 2014, Faraday Future (FF) is a California-based global shared intelligent mobility ecosystem company, headquartered in Los Angeles. FF's vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe, and live freely. FF aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the internet and new usership models. With the FF 91, FF has envisioned a vehicle that redefines transportation, mobility, and connectivity, creating a true “third internet living space,” complementing users’ home and smartphone internet experience.
FOLLOW FARADAY FUTURE:
https://www.ff.com/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture
ABOUT ZETA
ZETA brings together those who support meeting the goal of 100% electric vehicle sales by 2030. This diverse non-partisan group coordinates public education efforts and federal policy development to promote EV adoption with the goal of creating American electric vehicle manufacturing jobs, better serving consumers, improving air quality and public health, and significantly reducing carbon pollution.
FORWARD LOOKING STATEMENTS
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, words such as “address,” “anticipate,” “believe,” “consider,” “continue,” “develop,” “estimate,” “expect,” “further,” “goal,” “intend,” “may,” “plan,” “potential,” “project,” “seek,” “should,” “target,” “will,” and variations of such words and similar expressions as they relate to FF or the proposed transactions are often used to identify such statements as “forward-looking statements.” Such statements reflect the current views of FF and its management with respect to future events, including the proposed transactions, and are subject to certain risks and uncertainties that may cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements.
For More Information About Faraday Future, Contact:
John Schilling
Director, Public Relations
310-956-6488
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For More Information About ZETA, Contact:
Joe Britton
Executive Director
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Washington, DC
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LONDON--(BUSINESS WIRE)--#ElectricWinchMarket--The new electric winch market research report from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the electric winch market.
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"One of the primary growth drivers for this market is the increasing demand for winches for use in LCVs”, says a senior analyst for the Industrials industry at Technavio. As the markets recover, Technavio expects the electric winch market size to grow by USD 4.14 billion during the period 2020-2024.
Electric Winch MarketSegment Highlights for 2020
Regional Analysis
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” the “Company,” “we,” “us” or “our”) is pleased to announce the closing of a multi-faceted debt refinancing with First International Bank and Trust based in Watford City, ND. Nuverra executed a $10.0 million real estate loan, a $13.0 million equipment financing under the Main Street Priority Lending program, a $5.0 million undrawn working capital revolver and a $4.839 million letter of credit facility. Proceeds from the real estate loan and the equipment financing repaid all outstanding obligations owed to Ares under our first lien facility and revolver (which included the outstanding letters of credit) and all outstanding obligations under our second lien term loan held by affiliates of Gates Capital and Ascribe, our two largest shareholders.
“This is a very important refinancing for Nuverra. We are excited to be working with First International who designed a thoughtful refinancing structure. They know our industry and bring a level of experience that is refreshing, but not surprising given the bank’s 110 year history. With this refinancing, we have extended our maturities, lowered our borrowing rates, simplified our covenant structure and reduced our annual amortization. Nuverra is in a much better position to address the challenges still facing our industry,” said Charlie Thompson, Chief Executive Officer.
About Nuverra
Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. Our services include the delivery, collection, and disposal of solid and liquid materials that are used in and generated by the drilling, completion, and ongoing production of shale oil and natural gas. We provide a suite of solutions to customers who demand safety, environmental compliance and accountability from their service providers. Find additional information about Nuverra in documents filed with the U.S. Securities and Exchange Commission (“SEC”) at http://www.sec.gov.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. You can identify these and other forward-looking statements by the use of words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “might,” “will,” “should,” “would,” “could,” “potential,” “future,” “continue,” “ongoing,” “forecast,” “project,” “target” or similar expressions, and variations or negatives of these words.
These statements relate to our expectations for future events and time periods. All statements other than statements of historical fact are statements that could be deemed to be forward-looking statements, and any forward-looking statements contained herein are based on information available to us as of the date of this press release and our current expectations, forecasts and assumptions, and involve a number of risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date. Future performance cannot be ensured, and actual results may differ materially from those in the forward-looking statements. Some factors that could cause actual results to differ include, among others: the severity, magnitude and duration of the coronavirus disease 2019 ("COVID-19") pandemic and commodity market disruptions; changes in commodity prices or general market conditions; fluctuations in consumer trends, pricing pressures, transportation costs, changes in raw material or labor prices or rates related to our business and changing regulations or political developments in the markets in which we operate; risks associated with our indebtedness, including changes to interest rates, decreases in our borrowing availability, our ability to manage our liquidity needs and to comply with covenants under our credit facilities, including as a result of COVID-19 and oil price declines; the loss of one or more of our larger customers; delays in customer payment of outstanding receivables and customer bankruptcies; natural disasters, such as hurricanes, earthquakes and floods, pandemics (including COVID-19) or acts of terrorism, or extreme weather conditions, that may impact our business locations, assets, including wells or pipelines, distribution channels, or which otherwise disrupt our or our customers' operations or the markets we serve; disruptions impacting crude oil and natural gas transportation, processing, refining, and export systems, including litigation regarding the Dakota Access Pipeline; our ability to attract and retain key executives and qualified employees in strategic areas of our business; our ability to attract and retain a sufficient number of qualified truck drivers; the unfavorable change to credit and payment terms due to changes in industry condition or our financial condition, which could constrain our liquidity and reduce availability under our revolving credit facility; higher than forecasted capital expenditures to maintain and repair our fleet of trucks, tanks, pipeline, equipment and disposal wells; control of costs and expenses; changes in customer drilling, completion and production activities, operating methods and capital expenditure plans, including impacts due to low oil and/or natural gas prices, shut-in production, decline in operating drilling rigs, closures or pending closures of third-party pipelines or the economic or regulatory environment; risks associated with the limited trading volume of our common stock on the NYSE American Stock Exchange, including potential fluctuation in the trading prices of our common stock; risks and uncertainties associated with the outcome of an appeal of the order confirming our previously completed plan of reorganization; risks associated with the reliance on third-party analyst and expert market projections and data for the markets in which we operate that is utilized in our strategy; present and possible future claims, litigation or enforcement actions or investigations; risks associated with changes in industry practices and operational technologies; risks associated with the operation, construction, development and closure of salt water disposal wells, solids and liquids transportation assets, landfills and pipelines, including access to additional locations and rights-of-way, permitting and licensing, environmental remediation obligations, unscheduled delays or inefficiencies and reductions in volume due to micro- and macro-economic factors or the availability of less expensive alternatives; the effects of competition in the markets in which we operate, including the adverse impact of competitive product announcements or new entrants into our markets and transfers of resources by competitors into our markets; changes in economic conditions in the markets in which we operate or in the world generally, including as a result of political uncertainty; reduced demand for our services due to regulatory or other influences related to extraction methods such as hydraulic fracturing, shifts in production among shale areas in which we operate or into shale areas in which we do not currently have operations, and shifts to reuse of water in completion activities; the unknown future impact of changes in laws and regulation on waste management and disposal activities, including those impacting the delivery, storage, collection, transportation, and disposal of waste products, as well as the use or reuse of recycled or treated products or byproducts; and risks involving developments in environmental or other governmental laws and regulations in the markets in which we operate and our ability to effectively respond to those developments including laws and regulations relating to oil and natural gas extraction businesses, particularly relating to water usage, and the disposal and transportation of liquid and solid wastes.
The forward-looking statements contained, or incorporated by reference, herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s views as of the date of this press release. The Company undertakes no obligation to update any such forward-looking statements, whether as a result of new information, future events, changes in expectations or otherwise. Additional risks and uncertainties are disclosed from time to time in the Company’s filings with the SEC, including our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
Nuverra Environmental Solutions, Inc.
Investor Relations
602-903-7802
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LONDON--(BUSINESS WIRE)--#apac--SpendEdge forecast the global Directional Drilling market is expected to grow by USD 3 billion as we reach 2024. This is due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 5.92%.
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Directional Drilling 2020-2024: Scope
SpendEdge presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The Directional Drilling market report covers the following areas:
Directional Drilling Market Geographic Landscape Outlook
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Directional Drilling Market 2020-2024: Key Highlights
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
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Anirban Choudhury
Marketing Manager
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SIMI VALLEY, Calif.--(BUSINESS WIRE)--$AVAV--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it will issue financial results for the Company's second quarter ended October 31, 2020 after the market closes on Tuesday, December 8, 2020. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.
Hosting the call to review results for the fiscal second quarter will be Wahid Nawabi, president and chief executive officer, Kevin P. McDonnell, senior vice president and chief financial officer, and Steven A. Gitlin, chief marketing officer and vice president of investor relations.
Conference Call Event Summary
Date: December 8, 2020
Time: 1:30 PM PT (2:30 PM MT, 3:30 PM CT, 4:30 PM ET)
Toll-free: (877) 561-2749
International: (678) 809-1029
Conference ID: 4045199
Investors with Internet access may listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.
Audio Replay Options
An audio replay of the event will be archived on the Investor Relations section of the Company's website at http://investor.avinc.com. The audio replay will also be available via telephone from Tuesday, December 8, 2020, at approximately 7:30 p.m. Pacific Time through Tuesday, December 15, 2020 at 7:30 p.m. Pacific Time. Dial (855) 859-2056 and enter the passcode 4045199. International callers should dial (404) 537-3406 and enter the same conference ID number to access the audio replay.
About AeroVironment, Inc.
AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can proceed with certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.
AeroVironment, Inc.
Makayla Thomas
+1 (805) 520-8350
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LONDON--(BUSINESS WIRE)--#GlobalSubmersiblePumpMarket--The new submersible pump market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.
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"One of the primary growth drivers for this market is the rapid growth in the construction sector”, says a senior analyst for the Industrials industry at Technavio. As the markets recover, Technavio expects the submersible pump market size to grow by USD 2.77 billion during the period 2020-2024.
Submersible Pump Market Segment Highlights for 2020
Regional Analysis
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Global Industrial Heat Pumps Market - Global industrial heat pumps market is segmented by end-user (paper and pulp, food and beverage, chemical, automotive, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
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SAN ANTONIO--(BUSINESS WIRE)--Heading into 2021, Massive Minerals Management announces six predictions that energy sector participants as well as mineral and royalty owners in particular, should consider as they prepare for potential outcomes and ramifications of the Covid-19 pandemic extending well into 2021. In sum, we will likely see artificially depressed energy demand, stagnating prices, depressed drilling activity, less production and cash flow leading to diminishing returns to investors, ultimately leading to the acceleration of capital flight and consolidation among industry participants.
“To be certain, Covid-19 has not single-handedly destroyed oil and gas prices. For a number of reasons, commodity prices were facing headwinds throughout 2019 and into 2020. The emergence of the coronavirus and its knock-on effects, however, converted these headwinds into a collective hurricane,” says attorney, Ben Holliday, founder of Massive Minerals Management.
Six predictions for energy industry participants – particularly mineral and royalty owners – to consider if the pandemic extends through 2021 and economic recovery materializes later than expected:
Additionally, if these predictions ensue, the potential beneficiaries will be those companies well positioned to acquire low-cost operators and core acreage positions. Ideally, these are stock deals for less than 10% premiums. For mineral and royalty owners, now is the perfect time to prepare for an upswing. A good start would be to focus on the three most common issues that could be missed or glossed over during periods of highly active oil and gas development: the operator’s ability to hold acreage, confirming payment in full on all production from their minerals, and ensuring that any concerns about surface operations are properly addressed.
In a time of exponential change in both the global economy and the oil and gas industry, it is imperative that mineral owners have a complete understanding of their mineral asset portfolio and its full value profile both today and tomorrow. Therefore, for this audience specifically, Massive Minerals Management wrote an insider’s guide entitled “Top 12 questions mineral owners should ask” which can be found online here.
“If the Covid-19 pandemic continues through 2021, the oil industry and mineral owners should note that: drilling may slow, operator turnover will be high, royalty cash flow may decrease, and mineral acquisition offers may increase,” adds Holliday. “It’s paramount that mineral owners remain vigilant in these times and continue to monitor and compare production volumes, production payments, and lease compliance to ensure that any discrepancies are timely caught and addressed.”
Kat Ladner
561-706-7863
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DUBLIN--(BUSINESS WIRE)--The "OPEC Countries: Caprolactam Market" report has been added to ResearchAndMarkets.com's offering.
This report presents a strategic analysis of the caprolactam market in the OPEC countries and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc. This is the most detailed and comprehensive report about the caprolactam market in the OPEC countries currently available!
The purpose of the report is to describe the state of the caprolactam market in the OPEC countries, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, growth and demand drivers of the market and all other factors, influencing its development. It also focuses on the overall installed production capacities in each country within the region along with the main producers on the market, the technologies each of them uses and the average utilization rates.
This research report has been prepared using a unique methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews.
This report will allow you to:
Key Topics Covered:
1. Introduction
2. Executive summary
3. Characteristics of caprolactam
4. Characteristics and analysis of the raw materials base
5. State of the economy of the OPEC countries
6. Overview and analysis of the caprolactam market in the OPEC countries
7. Overview and analysis of the domestic production of caprolactam in the OPEC countries
8. Characteristics and analysis of the prices of caprolactam in the OPEC countries
8.1. Value chain analysis
8.2. Structure of price formation
8.3. Characteristics of the producer prices of caprolactam in the OPEC countries in 2014-2018
8.4. Characteristics of other prices of caprolactam
9. Trade balance of the foreign trade operations of caprolactam in the OPEC countries
9.1. Trade balance of the foreign trade operations of caprolactam in the OPEC countries in 2014-2018
10. Overview and analysis of the imports of caprolactam to the OPEC market
10.1. Volume, value and dynamics of the imports of caprolactam to the OPEC countries in 2014-2018
10.2. Major trade inflows of caprolactam imports to the OPEC countries in 2014-2018
10.3. Structure of the imports of caprolactam in 2014-2018 by importing countries
10.4. Average prices of the caprolactam, imported to the OPEC countries in 2014-2018
11. Overview and analysis of the OPEC exports of caprolactam
11.1. Volume, value and dynamics of the OPEC exports of caprolactam in 2014-2018
11.2. Major trade outflows of caprolactam exports from the OPEC countries in 2014-2018
11.3. Structure of the OPEC exports of caprolactam in 2014-2018 by exporting countries
11.4. Average prices of the OPEC exports of caprolactam in 2014-2018
12. Characteristics of the consumption of caprolactam in the OPEC countries
13. Forecast for development of the caprolactam market in the OPEC countries in 2019-2024
13.1. Factors, influencing the development of the caprolactam market in the OPEC countries in the medium term
13.2. Forecast for market development in the medium term under three possible scenarios
For more information about this report visit https://www.researchandmarkets.com/r/f4iz67
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, January 19, 2021, to discuss its fourth quarter 2020 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
The Company will issue a press release regarding the fourth quarter 2020 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com.
Please visit the website to listen to the call via live webcast. You may also participate in the call by dialing (844) 358-9181 within North America or +1 (478) 219-0188 outside of North America. A passcode is not required. Attendees should log in to the webcast or dial in approximately 15 minutes prior to the start of the call.
A replay of the conference call will be available on Halliburton’s website until January 26, 2021. Also, a replay may be accessed by telephone at (855) 859-2056 within North America or +1 (404) 537-3406 outside of North America, using the passcode 2597409.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 140 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
For Investors:
Abu Zeya
Halliburton, Investor Relations
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281-871-2688
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Emily Mir
Halliburton, Public Relations
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281-871-2601
LONDON--(BUSINESS WIRE)--#GlobalNavigationLightingMarket--The navigation lighting market is expected to grow by USD 1.90 million, progressing at a CAGR of almost 2% during the forecast period.
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The introduction of energy-efficient lighting technologies is one of the major factors propelling the market growth. However, factors such as delays in aircraft delivery might hamper market growth.
More details: https://www.technavio.com/report/navigation-lighting-market-industry-analysis
Navigation Lighting Market: End-user Landscape
Based on the end-users, the market saw maximum demand for navigation lighting from the marine industry in 2019. The increased procurement of new vessels that comply with new stringent emission norms has driven the demand for navigation lighting in the marine industry. The market growth in the segment will be significant during the forecast period.
Navigation Lighting Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 60% of the market’s overall growth is expected to originate from APAC. The thriving aerospace industry is one of the key factors driving market growth in APAC. China and Japan are the key markets for navigation lighting in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced today Christopher Franklin, chairman and CEO of Essential Utilities, has been appointed to the Allegheny Conference on Community Development’s Board of Directors.
In March 2020, Essential Utilities purchased Peoples, the largest natural gas distribution company in Pennsylvania, headquartered in Pittsburgh Pa.
“Peoples has a strong history in the Pittsburgh region as a high quality utility service provider, employer and community partner,” said Christopher Franklin, chairman and CEO of Essential Utilities. “Peoples will continue to be a leader in driving beneficial change for our customers and communities. I’m proud to join the Allegheny Conference on Community Development board of directors to support the important work of the Conference’s team. I’m eager to work with them to continue to improve the region and to share the benefits of living and working in southwestern Pennsylvania.”
“Chris is a great addition to our board,” said Stefani Pashman, chief executive officer of the Allegheny Conference on Community Development. “Improving our region’s infrastructure is going to be front and center as we emerge from the COVID-19 pandemic and Chris brings with him a deep understanding of the investment required to make sure all communities across our region are able to move forward.”
The Allegheny Conference on Community Development is a nonprofit, private sector leadership organization dedicated to economic development in the 10-county region composing southwestern Pennsylvania.
About Essential
Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.
About Peoples
Peoples is an energy provider serving approximately 740,000 homes and business in Western Pennsylvania, West Virginia and Kentucky. The company’s mission is to improve the lives of its customers and to help build long-term economic growth for the regions it serves. For more information about Peoples, visit www.peoples-gas.com and follow Peoples on social media @peoplesnatgas.
WTRGG
Barry Kukovich
O: 412.430.3187
DUBLIN--(BUSINESS WIRE)--The "United States Liner Hanger System Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The liner hanger system (LHS) market in the United States is expected to grow at a CAGR of more than 6.5% in the forecast period of 2020-2025.
Increasing upstream activities in the Permian basin in the United States is one of the major driving factors for the liner hanger market. On the other hand, the global price decline in crude oil prices in 2020 has led to a halt or delay in various oil and gas projects. Also, a declining number of offshore wells in the United States is expected to restrain the market growth.
With 990 active onshore rigs in the United States and increasing production from the Permian basin, the onshore sector is expected to dominate the liner hanger market.
The United States has one of the largest technically recoverable shale gas reserves and the second-largest tight oil reserves in the world. Moreover, the technological development in hydraulic fracturing is expected to create ample opportunities for the liner hanger system.
Most of the oil and gas projects in the United States are onshore, deploying conventional liner hangers. In the forecast period also, conventional LHS is expected to dominate the market.
Key Market Trends
Onshore Sector to Dominate the Market
A liner hanger system consists of a liner hanger assembly, releasing tool, cementing head, packer, etc. The liner hanger system is a part of well completion and can be mechanical or hydraulic, premium or standard, rotating or non-rotating, conventional or expandable, and pocket slip.
Conventional Liner Hanger System to Dominate the Market
Mechanical LHS is designed for vertical, onshore, and low-deviation wells, whereas the hydraulic liner hangers are mostly used in offshore wells and horizontal, deep, and HP/HT onshore wells.
Competitive Landscape
The United States liner hanger system market is moderately consolidated. Some of the major companies include National-Oilwell Varco, Inc., Halliburton Company, Weatherford International plc, Baker Hughes Company, Schlumberger Limited Ltd.
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 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Conventional
5.1.2 Expandable
5.2 Location of Deployment
5.2.1 Offshore
5.2.2 Onshore
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 Halliburton Company
6.3.2 Weatherford International plc
6.3.3 National Oilwell Varco Inc.
6.3.4 Baker Hughes Company
6.3.5 National-Oilwell Varco, Inc
6.3.6 Well Innovation AS
6.3.7 NCS Multistage LLC
6.3.8 Schlumberger Limited
6.3.9 Drill-Quip Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/dj6la0
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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LONDON--(BUSINESS WIRE)--#FuelOilMarket--The global fuel oil market size is expected to reduce by USD 84.77 billion while decelerating at a CAGR of about 13% during 2020-2024. Technavio's report indicates a negative growth in the short term due to the spread of the COVID-19 pandemic. The imposition of lockdowns worldwide led to the complete closure of manufacturing facilities, which affected the supply and demand for fuel oil. However, the market is expected to gain traction and witness steady growth over the forecast period due to the rising demand for oil in developing countries such as China and India.
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"One of the primary growth drivers for this market is the rise in world energy demand,” says a senior analyst for the Energy industry at Technavio. The global demand for energy has been increasing continuously due to the strong growth in economic activities worldwide. Besides, the growth of the transportation, residential, and commercial sectors, especially in emerging economies such as China and India has significantly increased the global demand for fuel oil.
Fuel Oil Market Segment Highlights for 2020
Regional Analysis
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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