Alloy

TANAKA Succeeds in Developing World's First High-Entropy Alloy Powder Composed Only of Precious Metals

Retrieved on: 
Wednesday, October 25, 2023

(Head office: Chiyoda-ku, Tokyo; CEO: Koichiro Tanaka), which develops industrial precious metals products as one of the core companies of TANAKA Precious Metals, announced that it has succeeded in creating a high-entropy alloy powder composed of precious metals with a fine particle size of 10um or less high crystallinity and excellent composition uniformity.

Key Points: 
  • (Head office: Chiyoda-ku, Tokyo; CEO: Koichiro Tanaka), which develops industrial precious metals products as one of the core companies of TANAKA Precious Metals, announced that it has succeeded in creating a high-entropy alloy powder composed of precious metals with a fine particle size of 10um or less high crystallinity and excellent composition uniformity.
  • This product is the world's first high-entropy alloy powder composed of only five precious metals: platinum (Pt), palladium (Pd), iridium (Ir), ruthenium (Ru), and rhodium (Rh).
  • TANAKA has already established a mass production process for this product and plans to begin providing samples in October.
  • The precious metal alloy powders in this product are alloys composed only of five or more precious metal elements that maintain the corrosion resistance, electrical conductivity, and other excellent properties of precious metals.

Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023

FRANKLIN, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced third quarter 2023 results.

Key Points: 
  • Adjusted EBITDA of $48 million in the third quarter 2023 increased $19 million compared to the prior year period and decreased $16 million compared to the second quarter 2023.
  • Adjusted EBITDA as a percentage of conversion revenue was 13.3% in the third quarter 2023 compared to 8.9% in the prior year period and 16.8% in the second quarter 2023.
  • As a result, consolidated adjusted EBITDA in the fourth quarter 2023 is expected to be in line to slightly higher as compared to its adjusted fourth quarter 2022 results.
  • Kaiser Aluminum Corporation will host a conference call on Thursday, October 26, 2023, at 10:00 am (Eastern Time); 9:00 am (Central Time); 7:00 am (Pacific Time), to discuss its third quarter results.

MRC Global A Key Valve Provider for Preem’s Lysekil Refinery Biofuel Project

Retrieved on: 
Thursday, October 19, 2023

HOUSTON, Oct. 19, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it served as a key valve supplier for the Preem Lysekil Refinery biofuel project located in Lysekil, Sweden.

Key Points: 
  • HOUSTON, Oct. 19, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it served as a key valve supplier for the Preem Lysekil Refinery biofuel project located in Lysekil, Sweden.
  • Preem, working with Wood, one of the world’s leading consulting and engineering companies, collaborated to modify the Synsat unit at Preem’s Lysekil Refinery.
  • “We appreciate the value that Preem places on MRC Global’s supply chain and product expertise,” said Rob Saltiel, MRC Global President and CEO.
  • “Our customer service and strong supplier relationships were the differentiators that made MRC Global successful on this project.

Lincoln Electric Elects Marc A. Howze to Its Board of Directors

Retrieved on: 
Wednesday, October 18, 2023

CLEVELAND, Oct. 18, 2023 (GLOBE NEWSWIRE) --  Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Marc A. Howze, Senior Advisor, Office of the Chairman, at Deere & Company, has been elected to Lincoln Electric's Board of Directors, effective October 17, 2023. He will serve as a member of the Compensation and Executive Development Committee and the Finance Committee. Mr. Howze’s appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent.

Key Points: 
  • CLEVELAND, Oct. 18, 2023 (GLOBE NEWSWIRE) --  Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Marc A. Howze, Senior Advisor, Office of the Chairman, at Deere & Company, has been elected to Lincoln Electric's Board of Directors, effective October 17, 2023.
  • Mr. Howze’s appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent.
  • “We are pleased to welcome Marc to the Board and value his extensive operational, governance, and organizational leadership experience,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

Pharmaceutical and Construction Industries Drive Growth in Non-Sparking Tools Market - ResearchAndMarkets.com

Retrieved on: 
Monday, October 23, 2023

Developing Pharmaceutical Sector: The pharmaceutical industry's role in human well-being is expanding, necessitating safe environments for the production of medicines.

Key Points: 
  • Developing Pharmaceutical Sector: The pharmaceutical industry's role in human well-being is expanding, necessitating safe environments for the production of medicines.
  • Non-sparking tools are crucial in pharmaceutical manufacturing, particularly for the development of vaccines and medicines, enhancing market growth.
  • Rising Usage of Industrial Tools in Manufacturing Industries: Non-sparking tools are essential in various industries, including general machinery, automobiles, aviation, energy, medical, rail transit, and oil & gas.
  • The construction industry's advancements, driven by technological transformation, population growth, and increased demand for public construction activities, will drive the non-sparking tools market.

TodayPay Launches Innovative Payment Solution

Retrieved on: 
Monday, October 23, 2023

LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- TodayPay Inc. emerged from stealth mode today at Money 20/20 in Las Vegas, to unveil the world's first faster payment technology solution helping merchants offer their customers instant refunds in multiple payment choices. TodayPay is a technology company pioneering a new category in payments called Refunds as a Service™ – an entire suite of alternative refund solutions for merchants to Refund Now Pay Later™ and offer Better Refund™ choices for consumers. 

Key Points: 
  • LAS VEGAS, Oct. 23, 2023 /PRNewswire/ -- TodayPay Inc. emerged from stealth mode today at Money 20/20 in Las Vegas, to unveil the world's first faster payment technology solution helping merchants offer their customers instant refunds in multiple payment choices.
  • "I built TodayPay because I've seen firsthand how the speed of a payment can change somebody's life," said Balkin.
  • TodayPay decouples the refund, which is a payment solution, from the return, which is a logistics problem.
  • – Matias Lancewicki, Founder & CEO Ezri
    "TodayPay is revolutionizing the refunds industry and GrailPay is honored to power the bank payment and financing infrastructure for TodayPay.

Alloy expands credit underwriting offering to help banks and fintechs make more efficient, inclusive credit decisions

Retrieved on: 
Wednesday, October 18, 2023

Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk.

Key Points: 
  • Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk.
  • Alloy allows lenders to automate their credit decisions using identity data gathered during onboarding, credit bureau data, and alternative underwriting data.
  • Lenders can make credit decisions using custom models, building anything from basic workflows to complex matrix models right within Alloy.
  • Alloy's updated credit offering builds upon these existing capabilities to offer a comprehensive and proactive approach to credit management beyond origination, enabling banks and fintechs to monitor for credit risk throughout the customer lifecycle.

Alloy expands credit underwriting offering to help banks and fintechs make more efficient, inclusive credit decisions

Retrieved on: 
Wednesday, October 18, 2023

Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk.

Key Points: 
  • Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk.
  • Alloy allows lenders to automate their credit decisions using identity data gathered during onboarding, credit bureau data, and alternative underwriting data.
  • Lenders can make credit decisions using custom models, building anything from basic workflows to complex matrix models right within Alloy.
  • Alloy's updated credit offering builds upon these existing capabilities to offer a comprehensive and proactive approach to credit management beyond origination, enabling banks and fintechs to monitor for credit risk throughout the customer lifecycle.

Global Rare Earth Magnet Market Research Report 2023-2028 Featuring Industry Players - Proterial, Shin-Etsu Chemical, Arnold Magnetic Technologies, Bunting Magnetics, & Electron Energy - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 11, 2023

The "Global Rare Earth Magnet Market Report and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Rare Earth Magnet Market Report and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Rare earth magnets, renowned for their exceptional magnetic properties, are formidable permanent magnets crafted from rare earth element alloys.
  • The ongoing research efforts focused on recycling and reclaiming rare earth metals from electronic waste represent a promising trend that augments the rare earth magnet market size.
  • It sheds light on the pivotal developments within the leading companies operating in the rare earth magnet market.

6K Additive Announces Appointment of Nicholas Pflugh as Chief Commercial Officer and Jonathan Wolak as Chief Financial Officer

Retrieved on: 
Wednesday, October 11, 2023

PITTSBURGH, Oct. 11, 2023 /PRNewswire/ -- 6K Additive, a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing, today announced the strategic appointments of Nicholas Pflugh as Chief Commercial Officer (CCO) and Jonathan Wolak as Chief Financial Officer (CFO). These experienced executives join the 6K Additive leadership team during a pivotal period of expansion and strengthens the company's position as the dominant US producer of titanium, nickel and refractory metals serving the aerospace, medical and defense markets for alloys and AM powder. These appointments align with the company's commitment to innovation, growth, and delivering domestic production of critical materials to the additive manufacturing market and the metal alloying industry.

Key Points: 
  • New appointments strengthen commercial leadership, go-to-market strategy, and financial functions for 6K Additive.
  • PITTSBURGH, Oct. 11, 2023 /PRNewswire/ -- 6K Additive , a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing, today announced the strategic appointments of Nicholas Pflugh as Chief Commercial Officer (CCO) and Jonathan Wolak as Chief Financial Officer (CFO).
  • "I am delighted to welcome Nick and Jonathan to our executive team at 6K Additive.
  • Their contributions will be instrumental in accelerating our mission to deliver unparalleled value, innovation, and quality to our clients world-wide."