Recycling

Natuzzi S.p.A.: Second Quarter 2021 Highlights

Friday, September 24, 2021 - 10:34pm

The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ) (we, Natuzzi or the Company and, together with its subsidiaries, the Group) approved today the Companys consolidated financial results for its second quarter and half year ended June 30, 2021.

Key Points: 
  • The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ) (we, Natuzzi or the Company and, together with its subsidiaries, the Group) approved today the Companys consolidated financial results for its second quarter and half year ended June 30, 2021.
  • In 2Q 2021, Natuzzi Italia invoiced sales amounted to 40.0 million, an increase of 96.0% compared to 2Q 2020 and of 26.4% compared to 2Q 2019.
  • In 2Q 2021, Natuzzi Editions invoiced sales amounted to 51.4 million, an increase of 61.5% compared to 2Q 2020 and of 29.9% compared to 2Q 2019.
  • As of June 30, 2021, the Group sold its branded collections also through 562 Natuzzi galleries.

Spring Valley Provides Update on Business Combination with AeroFarms

Friday, September 24, 2021 - 9:05pm

Spring Valley Acquisition Corp. (Spring Valley) (Nasdaq: SV, SVSVW, SVSVU) and Dream Holdings, Inc. (AeroFarms) today provided an update on the closing process and related timeline for their previously announced business combination, which was approved by shareholders on August 30, 2021.

Key Points: 
  • Spring Valley Acquisition Corp. (Spring Valley) (Nasdaq: SV, SVSVW, SVSVU) and Dream Holdings, Inc. (AeroFarms) today provided an update on the closing process and related timeline for their previously announced business combination, which was approved by shareholders on August 30, 2021.
  • On March 26, 2021, AeroFarms announced a definitive business combination agreement with Spring Valley Acquisition Corp. (Nasdaq: SV).
  • Spring Valley and AeroFarms anticipate that subsequent events and developments will cause Spring Valleys and AeroFarms assessments to change.
  • However, while Spring Valley and AeroFarms may elect to update these forward-looking statements at some point in the future, Spring Valley and AeroFarms specifically disclaim any obligation to do so.

New Owner, NLC Energy, Settles Complaint with State of Nebraska and U.S. EPA for Environmental Violations of Past Operator of Dakota City Facility

Friday, September 24, 2021 - 8:58pm

A new owner and operator, NLC Energy LLC, has taken over Big Ox Energy properties including the Dakota City, Nebraska renewable biomethane plant.

Key Points: 
  • A new owner and operator, NLC Energy LLC, has taken over Big Ox Energy properties including the Dakota City, Nebraska renewable biomethane plant.
  • NLC Energy has started refurbishing and reopening other Big Ox facilities and has a proven track record of safe operations and full compliance with all environmental requirements.
  • NLC Energy has worked with the State of Nebraska, the U.S. Environmental Protection Agency and the U.S. Department of Justice to resolve all environmental issues attributable to operation of this facility prior to NLC Energy assuming control.
  • NLC Energy expects to make further announcements regarding its plans for the Dakota City facility.

ZenWTR Alkaline Water Adds Phil Mickelson and Bryson DeChambeau to Roster of Athlete Investors

Friday, September 24, 2021 - 2:00pm

LOS ANGELES, Sept. 24, 2021 /PRNewswire/ -- ZenWTR , the premium alkaline water and world's first and only beverage in a bottle made from 100% recycled, certified ocean-bound plastic, today announced that professional golfers, Phil Mickelson and Bryson DeChambeau, have joined its roster of athlete investors.

Key Points: 
  • LOS ANGELES, Sept. 24, 2021 /PRNewswire/ -- ZenWTR , the premium alkaline water and world's first and only beverage in a bottle made from 100% recycled, certified ocean-bound plastic, today announced that professional golfers, Phil Mickelson and Bryson DeChambeau, have joined its roster of athlete investors.
  • "It's important for us to take action now and support companies that will allow our environment to thrive into the future," said Phil Mickelson, ZenWTR investor and World Golf Hall of Famer.
  • "I'm passionate about ZenWTR's dedication to ocean conservation and I'm a huge fan of their amazing water so I couldn't be more excited to announce my support for ZenWTR as an investor."
  • "Ocean pollution is a growing problem that has devastating effects on our environment," said Bryson DeChambeau, ZenWTR investor and 'The Scientist' of golf.

Generational Equity Advises Green Wave Computer Recycling in its Sale to QGistix

Friday, September 24, 2021 - 1:15pm

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Green Wave Computer Recycling to QGistix, LLC.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Green Wave Computer Recycling to QGistix, LLC.
  • Green Wave Computer Recycling (GWCR), located in Indianapolis, Indiana, helps organizations properly recycle their e-waste and destroy data-containing items to ensure security.
  • Mark Sherman, CEO of QGistix, said, "Since inception, both QGistix and Green Wave Computer Recycling have been dedicated to a zero-waste business model and have focused on the 100% reuse or recycle of electronics.
  • The merger of Green Wave Computer Recycling and QGistix is an absolute perfect match.

Businesses in Rigid Packaging Market Lean on Constant Innovations Boosting Sustainability; Global Market Valuation to Reach US$ 755 Bn by 2024: TMR Study

Friday, September 24, 2021 - 12:30pm

The global rigid packaging market is projected to attain valuation of US$ 755 Bn by 2024.

Key Points: 
  • The global rigid packaging market is projected to attain valuation of US$ 755 Bn by 2024.
  • This stridently has extended the horizon for packaging companies, notes the TMR study on the rigid packaging market.
  • Nonetheless, there exists an inadequate recycling infrastructure for flexible packaging materials, which has benefitted players in the rigid packaging market.
  • Asia Pacific rigid packaging market is replete with opportunities, with a big impetus from rise in uptake of rigid packaging in food & beverages and pharmaceutical industries.

Businesses in Rigid Packaging Market Lean on Constant Innovations Boosting Sustainability; Global Market Valuation to Reach US$ 755 Bn by 2024: TMR Study

Friday, September 24, 2021 - 12:30pm

ALBANY, N.Y., Sept. 24, 2021 /PRNewswire/ -- Sustainability has become a key quotient for assessing the benefits of packaging among end-use industries, and the incessant focus on adopting eco-friendly packaging materials has propelled the prospects of the rigid packaging market. Rigid packaging solutions, notably plastics, are viewed as a robust packaging for meeting a wide range of needs in food and beverages (F&B), pharmaceutical, chemical, and healthcare industries.

Key Points: 
  • The global rigid packaging market is projected to attain valuation of US$ 755 Bn by 2024.
  • This stridently has extended the horizon for packaging companies, notes the TMR study on the rigid packaging market.
  • Nonetheless, there exists an inadequate recycling infrastructure for flexible packaging materials, which has benefitted players in the rigid packaging market.
  • Asia Pacific rigid packaging market is replete with opportunities, with a big impetus from rise in uptake of rigid packaging in food & beverages and pharmaceutical industries.

Hudson Technologies Reports the EPA’s Issuance of the Final Rule on HFC Allowances as Mandated by the American Innovation and Manufacturing (“AIM”) Act

Friday, September 24, 2021 - 12:00pm

The EPA is responsible for the administration of the HFC phase down enacted by Congress under the American Innovation and Manufacturing Act of 2020 (the AIM Act).

Key Points: 
  • The EPA is responsible for the administration of the HFC phase down enacted by Congress under the American Innovation and Manufacturing Act of 2020 (the AIM Act).
  • Congress also required that EPA shall consider ways to promote reclamation in all phases of its implementation of the AIM Act.
  • The final rule, announced yesterday, introduces a stepdown of 10% from baseline levels.
  • The actual number of allowances per allowance holder will be issued by October 1, 2021, and these allowances will apply for the 2022 year.

DGAP-News: Aurubis AG: Aurubis Supervisory Board extends CEO Roland Harings' mandate by five years

Friday, September 24, 2021 - 10:36am

- CEO's contract now runs until June 30, 2027

Key Points: 
  • - CEO's contract now runs until June 30, 2027
    - Supervisory Board Chairman Prof. Dr. Fritz Vahrenholt: "The company's management is in good hands with Mr. Harings"
    Hamburg, September 24, 2021 - In its meeting yesterday, the Aurubis AG Supervisory Board extended CEO Roland Harings' mandate by five years; as a result, Harings is now appointed until June 30, 2027.
  • "In light of Aurubis AG's successful development in the past two years, I'm pleased that the Supervisory Board has now extended the Executive Board contract by an additional five years," remarks Supervisory Board Chairman Prof. Dr. Fritz Vahrenholt.
  • Beginning October 1, 2021, the Aurubis AG Executive Board will consist of three members: CEO Roland Harings, CFO Rainer Verhoeven (52), and COO Dr. Heiko Arnold (55).
  • The Supervisory Board and Executive Board expressly thank Thomas Bnger for his many years of dedicated work at Aurubis and wish him all the best for his professional and personal life.

Betolar and JA-KO Betoni to develop a low-carbon solution for Keliber's lithium mine side streams

Friday, September 24, 2021 - 8:23am

The Geoprime solution developed by Betolar will replace cement used as a binder in concrete production with blast furnace slag produced through a steel industry side stream in Raahe, Finland.

Key Points: 
  • The Geoprime solution developed by Betolar will replace cement used as a binder in concrete production with blast furnace slag produced through a steel industry side stream in Raahe, Finland.
  • Firstly, replacing cement with materials refined from industrial side streams will drastically cut CO2emissions from the raw material, to as much as one-fifth of current levels.
  • "We wanted to ensure well in advance that the environmental impact of our lithium mines will be as low as possible.
  • Together with Betolar, we are developing several products in which cement is replaced with binders that are considerably less burdensome for the environment.