Turkish Engine Center

DGAP-News: IBU-tec advanced materials AG enters into LOI with innovative cathode manufacturer Blackstone Technology for supplies with own LFP material

Retrieved on: 
Tuesday, August 3, 2021

Weimar, 02 August 2021 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has signed with Blackstone Technology, an innovative German cathode manufacturer, a letter of intent ("LOI") for supplies with own LFP battery material, which is produced at IBU-tec.

Key Points: 
  • Weimar, 02 August 2021 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has signed with Blackstone Technology, an innovative German cathode manufacturer, a letter of intent ("LOI") for supplies with own LFP battery material, which is produced at IBU-tec.
  • With the potential new customer, IBU-tec wants to further strengthen its position on the battery material growth market.
  • Dr. Arndt Schlosser, CSO, IBU-tec advanced materials AG: "As a result of the planned partnership, we can further push our market penetration in the battery sector.
  • We supply the material produced by us, which Blackstone Technology will use for the cathode manufacturing of the battery cell.

TEC Announces Alliance with the City of Seymour

Retrieved on: 
Friday, July 16, 2021

AUSTIN, Texas, July 16, 2021 /PRNewswire/ --Texas Electric Cooperatives (TEC) leadership has announced a new sole source alliance with the City of Seymour.

Key Points: 
  • AUSTIN, Texas, July 16, 2021 /PRNewswire/ --Texas Electric Cooperatives (TEC) leadership has announced a new sole source alliance with the City of Seymour.
  • "The City of Seymour is excited about this partnership as we work together to make our community the very best that it can become," said Dr. Jeff Brasher for the City of Seymour.
  • "This is an important alliance for TEC," said Johnny Andrews, chief operating officer of TEC Manufacturing & Distribution Services.
  • About the City of Seymour Electric Department: The City of Seymour has owned and operated its electrical distribution system since 1985-86.

Pratt & Whitney CSA Partners With Next Level Aviation

Retrieved on: 
Tuesday, June 8, 2021

Pratt & Whitney CSA, the serviceable materials business unit of Pratt & Whitney, and Next Level Aviation , a leader in the global distribution of used serviceable materials (USM), have signed an agreement regarding the sale of USM for aircraft engines.

Key Points: 
  • Pratt & Whitney CSA, the serviceable materials business unit of Pratt & Whitney, and Next Level Aviation , a leader in the global distribution of used serviceable materials (USM), have signed an agreement regarding the sale of USM for aircraft engines.
  • This agreement between Pratt & Whitney CSA and Next Level Aviation pairs the resources and technical expertise of Pratt & Whitney CSA with the sales, marketing and delivery expertise of Next Level Aviation.
  • Pratt & Whitney CSA will consign used serviceable material to NLA to meet customer requirements.
  • Next Level Chairman & CEO, Jack Gordon stated, We are excited to announce this partnership on used serviceable engine accessories with Pratt & Whitney CSA.

TEC Named One of Asia’s Fastest Growing Companies by the Financial Times

Retrieved on: 
Tuesday, April 20, 2021

In the last five years, we have doubled our footprint from 76 Centres to 150+ across Asia Pacific and the Middle East and our EBITDA has grown 43% from US$32.3 million in 2016 to US$46.1 million in 2019 across our key markets,\xe2\x80\x9d said Paul Salnikow, TEC Founder and CEO.

Key Points: 
  • In the last five years, we have doubled our footprint from 76 Centres to 150+ across Asia Pacific and the Middle East and our EBITDA has grown 43% from US$32.3 million in 2016 to US$46.1 million in 2019 across our key markets,\xe2\x80\x9d said Paul Salnikow, TEC Founder and CEO.
  • \xe2\x80\x9cWe have witnessed steady demand throughout the last year as the pandemic has led companies to preserve costs and seek more flexibility from their partners.
  • TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster.
  • Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members.

Tecogen Sells Chiller to Connecticut High School

Retrieved on: 
Wednesday, March 24, 2021

"The original Tecochill system for this school was commissioned in 1992," noted Jeffrey Glick, Vice President of East Coast Sales at Tecogen.

Key Points: 
  • "The original Tecochill system for this school was commissioned in 1992," noted Jeffrey Glick, Vice President of East Coast Sales at Tecogen.
  • The school is located in southwestern Connecticut, which has some of the highest electric rates in the Northeast due to grid congestion in the area.
  • This school has been a longstanding customer of Tecogen, and therefore understands the tremendous energy savings of the Tecochill product," stated Benjamin Locke, Tecogen CEO.
  • "The new chiller will have updated refrigerants and emissions controls, as well as additional heat recovery to maximize the savings for the school.

DGAP-News: IBU-tec advanced materials AG: IBU-tec expects a highly profitable growth in sales to between EUR 80 and more than EUR 100 million by 2025/ Own battery product and focus on global greentech markets as growth drivers

Retrieved on: 
Monday, January 25, 2021

Weimar, January 25, 20201 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) presents its "IBU 2025" strategy.

Key Points: 
  • Weimar, January 25, 20201 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) presents its "IBU 2025" strategy.
  • In the core segment of battery materials, the Group even expects to increase its sales by more than tenfold compared to 2020.
  • Thus, in 2025, 25 to 30 percent of the Group's total sales are expected to be generated in this segment.
  • IBU-tec is thus in a long-term position to respond to global megatrends, especially in the fields of climate and environmental protection.

EK Launches QuantumX Delta TEC Water Block Featuring Intel Cryo Cooling Technology

Retrieved on: 
Tuesday, November 10, 2020

SAN ANTONIO, Nov. 10, 2020 /PRNewswire-PRWeb/ -- EK, the leading premium liquid cooling solutions manufacturer, announces the release of their EK-QuantumX Delta TEC water block.

Key Points: 
  • SAN ANTONIO, Nov. 10, 2020 /PRNewswire-PRWeb/ -- EK, the leading premium liquid cooling solutions manufacturer, announces the release of their EK-QuantumX Delta TEC water block.
  • The EK-QuantumX Delta TEC is exclusively powered by Intel Cryo Cooling Technology, a unique combination of hardware, software, and firmware designed to help unleash elite performance for gamers and overclockers.
  • "We are proud to have worked closely with Intel to bring the EK-QuantumX Delta TEC to market," said Kat Silberstein, CEO Americas, EK.
  • EK-QuantumX Delta TEC is built using a purpose-designed large surface flow-through cooling engine together with Intel Cryo Cooling Technology, bridging aesthetic uniformity and near-silent operations with technological advancements in thermal solutions.

TEC Takes 10G Pole Position Across Tennessee, Alabama and Mississippi

Retrieved on: 
Tuesday, August 11, 2020

Throughout the years, TEC has deployed a wide array of ADTRANs solutions to help improve the range and reach of its network.

Key Points: 
  • Throughout the years, TEC has deployed a wide array of ADTRANs solutions to help improve the range and reach of its network.
  • Today, we are excited to introduce 10G XGS-PON to TEC service areas.
  • It allows TEC to serve fiber-based broadband services to residential homes and businesses at speeds up to 10G.
  • TEC has provided telecom services to rural America for nearly a century throughout Mississippi, Alabama and Tennessee.

Pratt & Whitney and JetBlue sign long-term service agreement for 230 V2500® engines

Retrieved on: 
Thursday, July 30, 2020

"The V2500 engine has been the workhorse of the JetBlue fleet since the airline's inception," said Steve Priest, Chief Financial Officer at JetBlue.

Key Points: 
  • "The V2500 engine has been the workhorse of the JetBlue fleet since the airline's inception," said Steve Priest, Chief Financial Officer at JetBlue.
  • The highly reliable and fuel efficient V2500 engine is offered through IAE, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
  • "We truly appreciate our long-standing and successful relationship with JetBlue," said Rick Deurloo, chief commercial officer at Pratt & Whitney.
  • Pratt & Whitney, a unit of Raytheon Technologies (NYSE:RTX) is a world leader in the design, manufacture and service of aircraft and helicopter engines, and auxiliary power units.

DGAP-News: Correction of a release from 08/06/2020, 09:45 CET/CEST - IBU-tec advanced materials AG: Unscheduled extension of the collaboration of IBU-tec and a global player in the pharma industry

Retrieved on: 
Monday, June 8, 2020

Correction of a release from 08/06/2020, 09:45 CET/CEST - IBU-tec advanced materials AG: Unscheduled extension of the collaboration of IBU-tec and a global player in the pharma industry

Key Points: 
  • Correction of a release from 08/06/2020, 09:45 CET/CEST - IBU-tec advanced materials AG: Unscheduled extension of the collaboration of IBU-tec and a global player in the pharma industry
    The issuer is solely responsible for the content of this announcement.
  • As a result, IBU-tec is now expected to supply this customer with a chemical catalyst until at least the end of 2021.
  • Originally, deliveries were only planned until the end of the third quarter of the current year.
  • The unscheduled continuation of the collaboration helps us to cushion fluctuations in some other areas of business development.