OEC

Orion S.A. Breaks Ground on Battery Materials Plant in Texas

Retrieved on: 
Tuesday, April 9, 2024
Technology, Batteries, Chemicals, Plastics, Manufacturing, Electricity, OEC, LyondellBasell, Wind, Carbon, Orion, LYB, Acetylene

The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.

Key Points: 
  • The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
  • “Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony.
  • “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”
    Every battery requires conductive additives.
  • The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers.

GE HealthCare to Feature Latest Technologies in Interventional Radiology Focused on Precision Care at SIR 2024

Retrieved on: 
Friday, March 22, 2024
Software, Radiology, Surgery, General Health, Health, Artificial Intelligence, Medical Devices, Technology, PAE, Interventional radiology, Automation, 2D, ASSIST, Vascular disease, Drainage, Prostatic artery embolization, Allia, OEC, Patient, Artificial intelligence, Society of Interventional Radiology, 3D, Prostate, AI, Quality of life, Artery, Woman, Workflow, GE HealthCare, 3D CT, Embo, E10, Injection, Therapy, BPH, SIR, Medical imaging

GE HealthCare (Nasdaq: GEHC) will showcase its latest technologies in image guiding solutions, surgery, ultrasound and CT-navigation at the upcoming 2024 Society of Interventional Radiology (SIR) Annual Scientific Meeting taking place March 23-28 in Salt Lake City, UT.

Key Points: 
  • GE HealthCare (Nasdaq: GEHC) will showcase its latest technologies in image guiding solutions, surgery, ultrasound and CT-navigation at the upcoming 2024 Society of Interventional Radiology (SIR) Annual Scientific Meeting taking place March 23-28 in Salt Lake City, UT.
  • The multi-modality showcase will feature innovations focused on precision care delivery for a wide range of vascular diseases and health conditions.
  • As GE HealthCare continues to advance the Allia IGS platform and interventional innovation, Embo ASSIST AI is the latest addition to the company's ASSIST imaging software.
  • “Interventional CT: CT guidance assisted by electromagnetic navigation for percutaneous interventions” with Dr. Francois Cornelis10 on Monday, March 25 from 2:30 - 3:00pm.

GE HealthCare and Hartford HealthCare Renew and Evolve 7-Year Collaboration to Advance Patient Care and Access in Connecticut

Retrieved on: 
Thursday, March 14, 2024
Technology, Hospitals, Health Technology, Other Health, Radiology, Health, Pharmaceutical, Data Management, Artificial Intelligence, Diagnosis, Deep learning, PET/CT, Head, Experiential learning, Algorithm, Longevity, MRI, X-ray, HHC, Anesthesia, OEC, Patient, Artificial intelligence, Acquisition, Mammography, Software, Critical care, GE HealthCare, Artifact, Multimedia, Nuclear medicine

The Care Alliance strives to assist Hartford HealthCare in increasing access to innovation while decreasing the total cost of care for patients.

Key Points: 
  • The Care Alliance strives to assist Hartford HealthCare in increasing access to innovation while decreasing the total cost of care for patients.
  • The collaboration will increase patients’ access to GE HealthCare’s most current imaging technology, and may provide shorter scan times, reduced waiting times for care, and enable clinicians to have greater accuracy in diagnostic assessments.
  • The agreement also includes GE HealthCare patient monitoring, anesthesia, maternal infant care and diagnostic cardiology technologies.
  • GE HealthCare and Hartford HealthCare will also execute build-in-place upgrades with some existing MRI, CT, PET/CT, and X-rays to refresh older systems with fewer construction costs and while minimizing waste, equipment downtime, and disruption to patient care.

Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe

Retrieved on: 
Monday, March 4, 2024
EDF, Quality of life, Ormat Technologies, OEC, PPA, Carbon, Renewable energy

The new plant development will be added to Ormat’s existing 15MW Bouillante geothermal power plant.

Key Points: 
  • The new plant development will be added to Ormat’s existing 15MW Bouillante geothermal power plant.
  • The project’s field development is completed with resource secured and is expected to be operational by the end of 2025.
  • The new power plant will be a sea water-cooled binary system using state-of-the-art Ormat Energy Converters (OEC).
  • With the addition of the new Bouillante power plant in Guadeloupe and the recent signing of the new 10MW power plant to be built in Dominica, our total geothermal capacity in the Caribbean region will be 35 MW by the end of 2025.

Orion S.A. Maintains Gold Sustainability Rating by EcoVadis

Retrieved on: 
Thursday, March 7, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Climate Change, Other Manufacturing, Orion, Plant, OEC, Ethics, Gold, Renewable energy

Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.

Key Points: 
  • Orion S.A. (NYSE: OEC), a global specialty chemicals company, announced today it has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.
  • Orion improved its score from the previous year, moving up from 77% to 78% by making significant gains in the areas of sustainable procurement and ethics, according to EcoVadis, one of the world’s largest providers of business sustainability ratings.
  • “The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company,” Orion CEO Corning Painter said.
  • Over the past year, Orion has achieved several sustainability milestones.

Orion S.A. Declares Interim Quarterly Dividend

Retrieved on: 
Thursday, February 29, 2024
Coal, Mining, Minerals, Batteries, Energy, Technology, Automotive, Natural Resources, Other Manufacturing, Chemicals, Plastics, Automotive Manufacturing, Tires & Rubber, Manufacturing, OEC

Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the second quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.

Key Points: 
  • Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the second quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
  • The interim dividend will be paid on April 4, 2024, to holders of record as of the close of business on March 13, 2024.
  • Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.

Orion S.A. Announces its 2024 Annual General Meeting Date and Record Date

Retrieved on: 
Thursday, February 29, 2024
Chemicals, Plastics, Other Manufacturing, Manufacturing, OEC, Exercise, Municipality, Communication, Central European Time

Orion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will hold its 2024 annual general meeting of shareholders on Thursday, June 20, 2024, at 2:00 pm Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg.

Key Points: 
  • Orion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will hold its 2024 annual general meeting of shareholders on Thursday, June 20, 2024, at 2:00 pm Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg.
  • The company also set its record date for the admission of the company’s shareholders to its annual general meeting to April 26, 2024, at 11:59 pm Central European Time.
  • The company will make it possible to attend its annual general meeting virtually and to exercise shareholder rights in advance of the meeting by means of remote communication.

H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024
Commercial Building & Real Estate, Construction & Property, Building Systems, Machine Tools, Metalworking & Metallurgy, Urban Planning, REIT, Manufacturing, Residential Building & Real Estate, Acquisition, Total, OEC, Adobe Acrobat, Growth, Renting, Sale, FINANCIAL, Net income, H&E, Komatsu, GAAP, Tax, Eastern Time Zone, Security (finance), Depreciation, Video game

Gross profit increased 16.9% in the fourth quarter of 2023 to $186.3 million compared to $159.4 million in the fourth quarter of 2022.

Key Points: 
  • Gross profit increased 16.9% in the fourth quarter of 2023 to $186.3 million compared to $159.4 million in the fourth quarter of 2022.
  • On average, rental rates in the fourth quarter of 2023 were 3.8% better than rates in the fourth quarter of 2022.
  • Dollar utilization for the fourth quarter of 2023 was 40.3% compared to 41.9% in the fourth quarter of 2022.
  • Interest expense was $16.3 million for the fourth quarter of 2023 compared to $13.5 million in fourth quarter of 2022.

Orion S.A. Announces Financial Results For The Full Year Ended December 31, 2023

Retrieved on: 
Wednesday, February 14, 2024
Oil, Gas, Chemicals, Plastics, Coal, Automotive Manufacturing, Construction & Property, Energy, Manufacturing, Technology, EV, Electric Vehicles, Tires & Rubber, Batteries, General Automotive, Other Manufacturing, Automotive, Other Energy, Other Construction & Property, Corning, OEC, Growth, Plant, Communication, Carbon, GAAP, EPS, Table tennis rubber

Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the full year of 2023.

Key Points: 
  • Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the full year of 2023.
  • Diluted EPS of $1.73 for the years ended December 31, 2023 and 2022.
  • “The Orion team achieved record fourth quarter and full year results, in-line with our communication last month, yet we are not satisfied.
  • Our results could have even beaten our original guidance if demand had not cooled over the course of 2023.

United Rentals Announces Record Fourth Quarter and Full-Year1 2023 Results, Introduces 2024 Outlook and Enhanced Capital Allocation Strategy, Including a Reduced Leverage Target, $1.5 Billion of Share Repurchases and 10% Increase to Dividend

Retrieved on: 
Wednesday, January 24, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Income tax, Table, Bank statement, Regulation S-K, Analysis, OEC, Share repurchase, Public expenditure, Tax, GAAP, Acquisition, EPS, Regulation, Depreciation, Renting, Item, Bookkeeping

Net income for the quarter increased 6.3% year-over-year to $679 million, while net income margin decreased 120 basis points to 18.2%.

Key Points: 
  • Net income for the quarter increased 6.3% year-over-year to $679 million, while net income margin decreased 120 basis points to 18.2%.
  • Free cash flow excludes merger and restructuring related payments, which cannot be reasonably predicted for the 2024 outlook.
  • Adjusted EBITDA for the quarter increased 9.8% year-over-year to a fourth quarter record of $1.809 billion, while adjusted EBITDA margin decreased 150 basis points to 48.5%.
  • General rentals segment rental revenue increased 13.1% year-over-year, including the impact of the Ahern Rentals acquisition, to a fourth quarter record of $2.289 billion.