Downstream

aTyr Pharma Announces Fourth Quarter and Full Year 2023 Results and Provides Corporate Update

Retrieved on: 
Thursday, March 14, 2024
PDT, Research, Conference, Interest, ATS, Biologics license application, Patient, SAN, Howard University, Knowledge, EAP, ATyr Pharma, EDT, NRP2, American Thoracic Society, Downstream, Investment, Clinical trial, Small RNA, Neuropilin, Myelocyte, Safety, Sarcoidosis, Immune system, FGF2, FGFR4, BLA, Pharmaceutical industry

SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- aTyr Pharma, Inc. (Nasdaq: LIFE) (“aTyr” or the “Company”), a clinical stage biotechnology company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase platform, today announced fourth quarter and full year 2023 results and provided a corporate update.

Key Points: 
  • SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- aTyr Pharma, Inc. (Nasdaq: LIFE) (“aTyr” or the “Company”), a clinical stage biotechnology company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase platform, today announced fourth quarter and full year 2023 results and provided a corporate update.
  • Based on current enrollment projections, the Company anticipates completing enrollment in the study in the second quarter of 2024.
  • Interested parties may access the call by registering here in order to obtain a dial in, personalized passcode and webcast information.
  • Links to a live audio webcast and replay may be accessed on the aTyr website Events page at: http://investors.atyrpharma.com/events-and-webcasts .

Global Metallocene Polyolefin (mPO) Strategic Business Report 2024: Market to Reach $31 Billion by 2030 - Growing Focus on Light Weight Models Drive Strong Business Case - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024
Packaging, Chemicals, Plastics, Manufacturing, Downstream, Plastic pollution, Plastic, Envelope (music), Bed sheet, Demand patterns

A Major Application Area for Metallocene Polyethylene, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing

Key Points: 
  • A Major Application Area for Metallocene Polyethylene, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing
    Breakdown of Automotive Material Mix: 2022E
    Unabated & Unrelenting Use of Plastics Across Industries, Despite the Growing Urgency of Plastic Pollution, to Sustain Demand for Polyolefins Films and Sheets

MISTRAS Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024
Senior, Project Phoenix, Aerospace, PIN, Process, Growth, Defense, Oil, Adjustment, Electricity generation, Interim, Gas, Public expenditure, Downstream, Knowledge, Video game

PRINCETON JUNCTION, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • “I am pleased to report strong top and bottom-line growth in the fourth quarter of 2023.
  • Despite headwinds faced earlier in the year, we saw positive momentum in the second half of 2023 and our fourth quarter results are a tangible example of the momentum we have built heading into 2024.
  • For the fourth quarter of 2023, consolidated revenue was $182.1 million, an increase of 8.2% from the fourth quarter of 2022.
  • Fourth quarter 2023 gross profit increased 5.3%, although gross profit margin was down compared to the year ago period.

Mark Ross to Retire as President of Chevron Shipping Company, Succeeded by Barbara Pickering

Retrieved on: 
Wednesday, January 24, 2024
Maritime, Transport, Logistics, Supply Chain Management, Oil, Gas, Energy, Other Transport, Seamanship, OCIMF, Dragon Oil, University of Liverpool, Multimedia, Chemical engineering, Champaign–Urbana metropolitan area, Business administration, Terminal, University, Ship, Downstream, Petroleum

After 33 years of distinguished service, Mark Ross, President of Chevron Shipping Company, has elected to retire effective May 1, 2024.

Key Points: 
  • After 33 years of distinguished service, Mark Ross, President of Chevron Shipping Company, has elected to retire effective May 1, 2024.
  • Barbara Pickering, currently Vice President of Operations, Chevron Shipping Company, will succeed Mark as President.
  • View the full release here: https://www.businesswire.com/news/home/20240124396325/en/
    Mark has led Chevron Shipping Company since 2015.
  • “Under Mark’s leadership, Chevron Shipping Company has delivered exceptional safety and environmental performance and has greatly expanded its marine capabilities,” said Colin Parfitt, President Midstream.

Abdulaziz Al-Gudaimi, Aramco Veteran, Joins EIG as Senior Advisor and Chairman of MENA Operations

Retrieved on: 
Friday, December 1, 2023
Finance, Oil, Gas, Energy, Professional Services, Asset Management, Petro, Downstream, Corporation, Saudi Aramco, Petroleum engineering, Petro Rabigh, Multimedia, EIG, Motiva Enterprises, Business administration, Senior advisor, Partnership, Corporate development, Growth, IBM Power Systems, MENA, Master of Business Administration, Management, Renewable energy

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations.

Key Points: 
  • EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations.
  • View the full release here: https://www.businesswire.com/news/home/20231201817393/en/
    “We are thrilled to welcome Abdulaziz to the firm,” said R. Blair Thomas, EIG Chairman and CEO.
  • In this role, he helped Aramco secure greater access to growth markets and technologies through portfolio optimization and strategic alignment.
  • Mr. Al-Gudaimi previously held several other leadership positions at Aramco, including Senior Vice President of Downstream and Vice President of Power Systems.

Effectv Taps Former Snap Exec Chris Vail to Head Political Sales

Retrieved on: 
Wednesday, November 1, 2023
TV and Radio, Technology, State, Local, Marketing, Advertising, Entertainment, Communications, Telecommunications, Software, Elections, Campaigns, Public Policy, Government, Omni, University, EVP, Mentorship, Campaign advertising, Science, Downstream, Family, News, The arts, History, GM, Comcast, Xfinity, Omnichannel, Amazon, AR, Management, Sinagoga, Ampersand, Snap

Effectv , the ad sales division of Comcast Cable, today announced two key talent appointments in its political sales sector, one of the company’s major verticals.

Key Points: 
  • Effectv , the ad sales division of Comcast Cable, today announced two key talent appointments in its political sales sector, one of the company’s major verticals.
  • Chris Vail, who was most recently Head of Government, Political and Omni-channel Advertising at Snap, is joining the company as VP, Political Sales.
  • Vail joins Effectv this month and brings more than 16 years of experience building, growing, mentoring and inspiring high-performing political ad sales teams at both start-ups and global brands such as Amazon and, most recently, Snap.
  • Before Snap, Vail served as the VP of sales for Downstream, an early-stage ad tech company.

Strategic Biofuels Receives Air Permit Approval to Advance its Louisiana Green Fuels Project

Retrieved on: 
Thursday, September 21, 2023
Environment, Engineering, Oil, Gas, Alternative Energy, Manufacturing, Energy, Mining, Minerals, Forest Products, Agriculture, Natural Resources, Well, Project, LGF, Senior, National Ambient Air Quality Standards, Biorefinery, Louisiana Department of Transportation and Development, Environmental quality, Carbon, Louisiana Department of Environmental Quality, Downstream, SBF, EPA, Forestry, DEQ, SLB, Renewable energy, Hatch

Strategic Biofuels , the leader in developing negative carbon footprint biofuels plants, announced today that its Louisiana Green Fuels (LGF) project has been issued an Air Permit from the Louisiana Department of Environmental Quality (DEQ).

Key Points: 
  • Strategic Biofuels , the leader in developing negative carbon footprint biofuels plants, announced today that its Louisiana Green Fuels (LGF) project has been issued an Air Permit from the Louisiana Department of Environmental Quality (DEQ).
  • “Securing the Air Permit for the integrated facility is a significant development for our project,” said Paul Oesterreich, Senior Vice President of Project Development, Strategic Biofuels.
  • “The permit application for our facility is the first of its kind in Louisiana to be reviewed by the DEQ.
  • We are proud to have had the opportunity to work with Strategic Biofuels and DEQ on clearing an essential regulatory hurdle.

Eisai to Present the Latest Alzheimer's Disease Pipeline and Research

Retrieved on: 
Wednesday, July 12, 2023
Washington University in St. Louis, Senior, Disease, Amyloid beta, Alzheimer's Disease Neuroimaging Initiative, Pharmacokinetics, Research, Biomarker, MCI, Lecanemab, Downstream, AAIC, Patient, Clinical research, AIC, Poster, AD, Conference, Safety, Pharmaceutical industry, Alzheimer's disease, Domination, Eisai

The conference will be held in Amsterdam, the Netherlands and virtually from July 16 to 20, 2023.

Key Points: 
  • The conference will be held in Amsterdam, the Netherlands and virtually from July 16 to 20, 2023.
  • Eisai will present data and research in eight oral and 19 poster presentations at the meeting.
  • Two of the AAIC oral presentations will be presented as posters at the Alzheimer's Disease Imaging Consortium (AIC), which will be held at the same venue as AAIC on July 15.
  • "At AAIC 2023 Eisai will present the latest data on lecanemab, an anti-Aβ protofibril antibody, that recently received traditional approval in the U.S. for patients with mild cognitive impairment (MCI) due to AD and mild AD.

MRC Global Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 7, 2023
Permian, International, SG, Utility, Debt, GAAP, Central Time, MRC, Landfill gas utilization, Downstream, Gas, Internet, Production, Webcast, Growth, Haynesville, NYSE, Video game, Bookkeeping, Retail, Arms industry, Bank, DIET, PTI

HOUSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced second quarter 2023 results.

Key Points: 
  • HOUSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced second quarter 2023 results.
  • MRC Global’s second quarter 2023 gross profit was $175 million, or 20.1% of sales, as compared to the second quarter 2022 gross profit of $151 million, or 17.8% of sales.
  • Second Quarter 2023 Financial Highlights:
    Adjusted Gross Profit, as a percentage of sales, of 21.5%, an increase of 30 basis points compared to the first quarter of 2023
    Adjusted EBITDA of $63 million, or 7.2% of sales and our 5th consecutive quarter above 7%
    Rob Saltiel, MRC Global’s President and CEO stated, “Our second quarter results delivered revenue growth over last year, better-than-expected cash flow generation and strong adjusted gross profit margins.
  • We expanded our revenue backlog in the quarter, aided by gains in our International segment and our DIET sector.

MISTRAS Announces Second Quarter and First Half 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
Project Phoenix, Electricity generation, Capital expenditure, International, SG, Defense, ILI, GAAP, History, Downstream, Public expenditure, NYSE, Gas, EBITDA, PIN, MG, FX, Investment, Workload, Century, Growth, Free cash flow, Bookkeeping, Commercial property, Cryptocurrency, Video game, Rare-earth element, Pharmaceutical industry, OnStream, Aerospace, Adjustment

PRINCETON JUNCTION, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its second quarter and six months ended June 30, 2023.

Key Points: 
  • Second quarter 2023 gross profit decreased 7.2% with gross profit margin declining 170 basis points, as compared to the year ago period.
  • Selling, general and administrative expenses (“SG&A”) in the second quarter of 2023 were $41.5 million, up from $40.9 million in the second quarter of 2022, in part due to aforementioned unfavorable FX exchange.
  • Second quarter SG&A was down sequentially from the first quarter of 2023, as a result of on-going budgeted cost controls.
  • Gross profit margin was 27.3% for the second quarter of 2023, a 140 basis point decline from 28.7% in the second quarter of the prior year.