U.S. Steel

Former CEOs of JetBlue, Maersk Drilling, and Public Service Enterprise Group (PSEG) join Avina Clean Hydrogen’s distinguished advisory board

Retrieved on: 
Wednesday, April 3, 2024
Hydrogen, Physics, Maersk Drilling, University, AP, BP, Advisory board, U.S. Steel, Electronic, Steel, Independent, Copenhagen Business School, Bachelor of Science, Aviation, Columbia University, Public Service Enterprise Group, Risk intelligence, Robin, MBA, Doctor of Philosophy, JetBlue, CSR, Former, Electrical engineering, Maersk, Engineering, Management

SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.

Key Points: 
  • SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.
  • Ltd., and Ralph Izzo, Former Chairman and CEO of Public Service Enterprise Group (PSEG), join the existing distinguished panel of advisory board members, bringing valuable expertise and insight to the company's projects in the clean fuels sector.
  • "We are thrilled to welcome our new Advisory Board members," said Vishal Shah, Founder & CEO of Avina Clean Hydrogen.
  • Their expertise will complement our existing prestigious Advisory Board members, enabling us to collaborate effectively in building a world-class company that delivers compelling clean fuel solutions to the market,” said Steven Berkenfeld, Board Member of Avina.

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills

Retrieved on: 
Wednesday, April 3, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Steel, Atmosphere, U.S. Steel, Paint, Carbon accounting, Partnership, Calcium carbonate, History, Carbon footprint, Transport, Carbon, Senior, Plastic, Fluor Corporation, Multimedia, Skycycle, Gary Works, Paper, Boilermaker

United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.

Key Points: 
  • United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.
  • Photo Credit: Fluor Corporation
    U. S. Steel’s involvement aligns with its goal of reducing greenhouse gas emissions intensity 20% by 2030 and achieving net-zero emissions by 2050.
  • In addition, the initial SkyCycle project responds to the increasing demand for low emissions products, such as verdeX™ advanced sustainable steel, from customers.
  • “At CarbonFree, we are pioneering profitable carbon capture utilization through disruptive specialty chemical manufacturing using waste carbon dioxide as a primary feedstock.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend U. S. Steel Shareholders Vote “FOR” the Pending Transaction with Nippon Steel Corporation (NSC)

Retrieved on: 
Friday, March 29, 2024
Steel, Manufacturing, Institutional Shareholder Services, U.S. Steel, Glass Lewis, Goldman Sachs, CLF, USS, Proxy, Risk, Nippon Steel, Evercore, Cleveland-Cliffs, ISS, NSC, Barclays

S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel shareholders vote “FOR” the pending transaction with Nippon Steel Corporation (“NSC”) (TSE: 5401) at the upcoming special meeting on April 12, 2024.

Key Points: 
  • S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel shareholders vote “FOR” the pending transaction with Nippon Steel Corporation (“NSC”) (TSE: 5401) at the upcoming special meeting on April 12, 2024.
  • “There is no doubt that the offer represents a meaningful premium for shareholders resulting from a thorough and competitive sales process.
  • Importantly, U. S. Steel will retain its headquarters in Pittsburgh, Pennsylvania and together with NSC will bolster and grow U. S. Steel in the U.S. market in a way that prioritizes our talented employees and union members.
  • Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors.

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

Retrieved on: 
Tuesday, March 26, 2024
Environment, Manufacturing, Environmental Issues, Green Technology, Environmental Health, Steel, Allegheny County, Pennsylvania, Consent, Letter, U.S. Steel, U.S. EPA, Public, Consent decree, Edgar Thomson Steel Works, DOJ, Plant, Clairton, Pennsylvania, Coke, Monongahela River, United States district court, Hydrogen, Safety, Economic development, Iron

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).

Key Points: 
  • United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
  • The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.

UNITED STATES STEEL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United States Steel Corporation - X

Retrieved on: 
Thursday, March 21, 2024
Legal, Professional Services, KSF, Nippon Steel, U.S. Steel, Sale, Steel

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of United States Steel Corporation (“US Steel”) (NYSE: X) to Nippon Steel Corporation.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of United States Steel Corporation (“US Steel”) (NYSE: X) to Nippon Steel Corporation.
  • Under the terms of the proposed transaction, shareholders of US Steel will receive $55.00 in cash for each share of US Steel that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

United States Steel Honors Employees for Community Service with Donations to Charitable Organizations

Retrieved on: 
Wednesday, March 20, 2024
Steel, Professional Services, Philanthropy, Manufacturing, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Fund Raising, Environmental, Social and Governance (ESG), Other Philanthropy, Natural Resources, Volunteer of the Year, Organization, Culture, U.S. Steel, Volunteering, Veteran, Environment, Edgar Thomson Steel Works, Athlete, Student, Service, Safety, Firefighter, EMS, Gary Works, Fire department, Multimedia, Iron

S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative.

Key Points: 
  • S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative.
  • To honor the winners, U. S. Steel is donating to the charitable organization of each employee’s choice.
  • Tyrell Anderson, an operational excellence engineer at U. S. Steel Gary Works in Gary, Indiana, was named the United by Service 2023 Volunteer of the Year.
  • U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.

United States Steel Corporation Provides First Quarter 2024 Guidance

Retrieved on: 
Monday, March 18, 2024
Construction & Property, Steel, Engineering, Automotive Manufacturing, Oil, Gas, Manufacturing, Building Systems, Energy, Other Construction & Property, Health, ANY, U.S. Steel, WHEN, Communication, Grant Street, Risk, Nippon Steel, Attention, Nature, Carbon, American depositary receipt, Suite, Accident, CO2, Investment, Annual report, Proxy, Depreciation, Safety, Iron, VEBA, NSC, Corporation, Mergers and acquisitions, Person, Bookkeeping

Management of the Company or NSC, as applicable, believes that these forward-looking statements are reasonable as of the time made.

Key Points: 
  • Management of the Company or NSC, as applicable, believes that these forward-looking statements are reasonable as of the time made.
  • This communication relates to the proposed transaction between the United States Steel Corporation (the “Company”) and Nippon Steel Corporation (“NSC”).
  • Founded in 1901, United States Steel Corporation is a leading steel producer.
  • U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.

U. S. Steel Makes Strategic Investment in Pittsburgh-Based Autonomous Warehousing Pioneer -- Freespace Robotics

Retrieved on: 
Monday, March 11, 2024
Other Manufacturing, Technology, Steel, Packaging, Transport, Manufacturing, Robotics, Logistics, Supply Chain Management, Artificial Intelligence, Automation, U.S. Steel, AI, NREC, Strategy, Workforce, Public sector, Multimedia, Corporate development, Carnegie Mellon University, Management

S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide.

Key Points: 
  • S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide.
  • This investment will help Freespace hire and retain local talent as well as recruit others into the region.
  • View the full release here: https://www.businesswire.com/news/home/20240310404334/en/
    "Investing in Freespace Robotics is another way we’re promoting innovation while supporting the regional economy and its workforce,” said Christian Gianni, U. S. Steel Senior Vice President & Chief Technology Officer.
  • As part of this investment, U. S. Steel’s Director of Strategy & Corporate Development, Jim Cook, will join the Freespace Robotics Board of Directors.

INSTITUTE FOR SUPPLY MANAGEMENT® HONORS 30 UNDER 30 RISING SUPPLY CHAIN STARS

Retrieved on: 
Wednesday, March 20, 2024
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Now in its tenth year, the ISM program honors individuals who are 30 or younger and demonstrate leadership, innovation, collaboration, and other outstanding attributes--at work and through their professional associations. Intended to help bridge the talent gap in procurement and supply management for younger generations, the program highlights role models for aspiring supply chain practitioners and students.

Key Points: 
  • TEMPE, Ariz., March 20, 2024 /PRNewswire/ -- The Institute for Supply Management® (ISM®) announced the winners of the 2023-2024 30 Under 30 Rising Supply Chain Stars Recognition Program to honor global emerging leaders across various industries and supply management disciplines.
  • The top nominee or "megawatt" winner from the 30 Under 30 is Zain Rauf, a supply chain lead for renewable fuels at Shell Oil Company.
  • Intended to help bridge the talent gap in procurement and supply management for younger generations, the program highlights role models for aspiring supply chain practitioners and students.
  • "The latest 30 Under 30 winners exemplify the new generation of supply chain leadership and demonstrate how high performers can make an impact on the profession," said Derry.

Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for Third Consecutive Year

Retrieved on: 
Monday, March 4, 2024
Automotive Manufacturing, Manufacturing, Professional Services, Environmental, Social and Governance (ESG), DEI (Diversity, Equity and Inclusion), Other Manufacturing, Steel, Packaging, Environment, Human Resources, Sustainability, Senior, Multimedia, Ethics, U.S. Steel, Culture, ESG, General counsel, Organization, Ethisphere Institute

S. Steel”) today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in defining the standards of ethical business practices.

Key Points: 
  • S. Steel”) today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in defining the standards of ethical business practices.
  • This marks the third consecutive year that U. S. Steel has received this widely sought-after recognition, a testament to the company’s differentiated ethics and compliance programs and its ongoing dedication to its Best for All® strategy.
  • “Being recognized by Ethisphere as one of the 2024 World’s Most Ethical Companies® demonstrates how we align our S.T.E.E.L.
  • This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.