Carbon

Wordans Launches New Eco-Friendly Apparel Line for Sustainable Business Solutions

Retrieved on: 
Friday, March 29, 2024

This initiative represents a significant leap towards reducing the environmental impact of the apparel industry and underscores Wordans' commitment to leading with innovative, eco-conscious solutions for your business .

Key Points: 
  • This initiative represents a significant leap towards reducing the environmental impact of the apparel industry and underscores Wordans' commitment to leading with innovative, eco-conscious solutions for your business .
  • The newly introduced product line is a cornerstone of Wordans' comprehensive strategy to embed sustainability in all facets of its operations.
  • Wordans' launch of its eco-friendly apparel line is not just a significant milestone in the company's journey towards sustainability; it's a testament to Wordans' role as a catalyst for positive change in the apparel industry.
  • Businesses looking to align with sustainable practices now have a reliable partner in Wordans, ready to meet their needs with eco-friendly, high-quality apparel solutions.

Bracewell Expands Energy Practice With Addition of Parker Lee in New York

Retrieved on: 
Friday, March 22, 2024

New York, New York--(Newsfile Corp. - March 22, 2024) - Bracewell LLP announced today that Parker A. Lee, an accomplished energy transactional lawyer, has joined the firm as a partner in the New York office.

Key Points: 
  • New York, New York--(Newsfile Corp. - March 22, 2024) - Bracewell LLP announced today that Parker A. Lee, an accomplished energy transactional lawyer, has joined the firm as a partner in the New York office.
  • "He is a wonderful addition to our market-leading energy practice, and I'm thrilled to welcome him to the firm."
  • Lee advises strategic companies and private equity and infrastructure funds on M&A, project development and joint venture transactions in the energy and infrastructure industries.
  • He joins Bracewell from McDermott Will & Emery LLP, where he was an energy and projects partner in the New York office.

Key Carbon & Cartesian Enter into $18 Million Carbon Financing

Retrieved on: 
Thursday, March 21, 2024

(All dollar amounts are in United States dollars)

Key Points: 
  • The deal comprises new funding through Key Carbon as well as the partial sale of an earlier Key Carbon investment.
  • Key Carbon creates strategic partnerships with high-quality project developers and provides them with direct financing and operational support.
  • Luke Leslie, Co-Founder and CEO of Key Carbon, said: "Key Carbon continues to attract institutional investors and corporations into the VCM through creating appealing investable products.
  • This latest transaction with Cartesian further endorses Key Carbon as a preferred route for investors to finance impactful decarbonization projects and access high quality carbon credits."

Cerilon and Chevron Enter into Technology Licensing Agreements for the Production of Superior-Quality Group III+ Base Oils and Ultra-Low Sulphur Diesel at its Gas-To-Liquids (GTL) Facility in Williams County, North Dakota

Retrieved on: 
Wednesday, March 13, 2024

This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.

Key Points: 
  • This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.
  • "We're impressed by Chevron's technical capabilities, particularly this technology suite, which has been proven in GTL projects around the globe," said Nico Duursema, CEO of Cerilon.
  • Cerilon's innovative GTL facility will transform natural gas into unique, high-performance synthetic products, including ultra-low sulphur diesel, naphtha and industry-leading Group III+ base oils, top tier products with superior qualities and uses.
  • Cerilon is establishing global, industry-leading partnerships to deliver this pioneering GTL facility, which will be followed by replicated GTL facilities.

China Bluechem's Profit Achieves Record High in 2023, Up 45.0% Year-on-Yearly to RMB 2.382 Billion

Retrieved on: 
Sunday, March 24, 2024

Net profit attributable to owners of the Company grew 45.0% year-on-yearly to RMB 2.382 billion, which was the best performance since the establishment of the Company.

Key Points: 
  • Net profit attributable to owners of the Company grew 45.0% year-on-yearly to RMB 2.382 billion, which was the best performance since the establishment of the Company.
  • The Board has recommended the payment of a final dividend of RMB0.207 per share (tax inclusive) for 2023, hitting record high and representing a payout ratio of 40%.
  • As a result, China BlueChem's brand value has been enhancing continuously and reached RMB5.404 billion in 2023, up by RMB1.433 billion as compared with the previous year, which was a record-high increment.
  • Furthermore, the Company will intensify research on the resource utilization of carbon-rich natural gas and CO2 to champion carbon reduction.

SuperMeat's Forward-Facing LCA Highlights 50% Decrease in Carbon Footprint of Chicken, the Most Efficient Animal Protein

Retrieved on: 
Wednesday, March 20, 2024

The assessment provides a detailed comparative analysis between SuperMeat's 100% cultivated chicken and the most sustainably produced traditional chicken aspired for the outset of the 2030s.

Key Points: 
  • The assessment provides a detailed comparative analysis between SuperMeat's 100% cultivated chicken and the most sustainably produced traditional chicken aspired for the outset of the 2030s.
  • SuperMeat's cultivated chicken is projected to achieve a carbon footprint approximately 50% lower than the ambitious benchmarks set for conventional chicken production, when integrating renewable energy sources and sustainable production practices in both conventional and cultivated production methods.
  • Even under the reliance on standard grid electricity, a 27% reduction in the carbon footprint of SuperMeat's chicken is achieved, in comparison to the ambitious conventional chicken benchmark.
  • A Highly Efficient Production Process Fuels SuperMeat's Sustainability Milestones:
    SuperMeat's continuous production process will be instrumental in achieving the expected sustainability outcomes for its cultivated chicken.

Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non- GMO “Cold-Processing” Vegetable Oil, Expands Australian Operations to the United States

Retrieved on: 
Tuesday, April 9, 2024

New York, NY and Sydney, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (Nasdaq: COOT), a Cayman Islands exempted company “Australian Oilseeds” or “AOI”) is pleased to announce that it will be expanding its Australian operations to the United States effective July 2024. A pioneer in regenerative farming methods, AOI will, through its subsidiary company, Good Earth Oils, distribute Australian cold pressed NON-GMO canola oil and olive oil to retail and wholesalers in the United States.

Key Points: 
  • A pioneer in regenerative farming methods, AOI will, through its subsidiary company, Good Earth Oils , distribute Australian cold pressed NON-GMO canola oil and olive oil to retail and wholesalers in the United States.
  • AOI and Good Earth Oils purchase its NON-GMO canola seeds and olive oil from farmers who are reducing their use of chemicals in their farming systems.
  • Moreover they have an unwavering commitment to sustainability, investing in renewable energy (i.e., solar & biodiesel), and low impact packaging initiatives.
  • See more information at Australian Oilseeds website: www.australianoilseeds.au .

Carbon Revolution Announces Record Revenue Results for First Half 2024

Retrieved on: 
Tuesday, April 9, 2024

GEELONG, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced fiscal first half 2024 results for the period ending December 31, 2023 (unaudited). First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year. Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.

Key Points: 
  • First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year.
  • Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.
  • Carbon Revolution is an early-stage growth company that is reliant on new capital until it reaches profitability and positive free cashflow.
  • “Carbon Revolution reported half year revenue in the fiscal first half of 2024, up 107% year-over-year to US$26.1 million, driven by increased demand from the Corvette Z06 program, and the launches of the Range Rover Sport SV and Ford Mustang Dark Horse programs” said Jake Dingle, CEO of Carbon Revolution.

Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects

Retrieved on: 
Tuesday, April 9, 2024

The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.

Key Points: 
  • The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.
  • In October 2023, Aemetis completed the sale of $63 million of IRA tax credits to a single buyer and received $55 million in funding.
  • Aemetis was awarded the $10.5 million allocation of transferable tax credits to support the Mechanical Vapor Recompression (MVR) energy efficiency project and other energy efficiency projects at the Aemetis Keyes ethanol production facility in California.
  • The Section 48C tax credits are transferable from project developers to entities with income tax liabilities in order to provide funding to projects.

Bilibili Publishes 2023 Environmental, Social and Governance Report

Retrieved on: 
Tuesday, April 9, 2024

“With the mission to enrich the everyday life of young generations in China, Bilibili actively shoulders social responsibility,” said Mr. Rui Chen, chairman and chief executive officer of Bilibili.

Key Points: 
  • “With the mission to enrich the everyday life of young generations in China, Bilibili actively shoulders social responsibility,” said Mr. Rui Chen, chairman and chief executive officer of Bilibili.
  • Highlights of Bilibili’s 2023 ESG achievements:
    Bilibili fosters an ever-growing content ecosystem where all users can enjoy the fulfilling content they love.
  • In 2023, Bilibili:
    Enabled over 3 million content creators to earn income on Bilibili, an increase of 30% from the previous year.
  • Engaged over 200 million users to study on Bilibili and over 2 million content creators to submit pan-knowledge content on Bilibili.