GWP

Deloitte TMT 2022 Predictions: Chip Shortage Continues; AI Regulation Increases; Industry Pushes for Sustainable Smartphones; More Entertainment Choices Equals More Churn

Wednesday, December 1, 2021 - 10:01am

"In 2022, we foresee these behaviors continuing to grow, but amid a backdrop of challenges.

Key Points: 
  • "In 2022, we foresee these behaviors continuing to grow, but amid a backdrop of challenges.
  • The continuation of the chip shortage and its staying power boils down to a significant surge in demand, driven by digital transformation and accelerated by the pandemic.
  • Unsurprisingly, venture capital investment in semiconductors is taking off to fill that demand for new kinds of chips.
  • Deloitte predicts that venture capital (VC) firms globally will invest more than US$6 billion in semiconductor startup companies in 2022.

MHI Thermal Systems Receives '2021 Minister of the Environment Award for Climate Action' for 'Q-ton Circulation' Air-to-Water Heat Pump

Thursday, November 25, 2021 - 8:04am

The award ceremony will take place on December 8 at the Tokyo Big Sight exhibition hall.

Key Points: 
  • The award ceremony will take place on December 8 at the Tokyo Big Sight exhibition hall.
  • The Ministry of the Environment accolade marks the fourth award bestowed on the Q-ton Circulation.
  • In 2019, the new heat pump received the 47th Technology Award from the Japan Society of Refrigerating and Air Conditioning Engineers (JSRAE).
  • The 2021 award is MHI Thermal Systems' second to date: in 2019, the company received an Environment Minister's Award for Global Warming Prevention Activity for its centrifugal chiller ETI-Z Series that adopt a low-GWP refrigerant.

DGAP-News: Greencells GmbH: Value of photovoltaic projects in European target markets increased significantly according to new market value expert opinion

Monday, November 22, 2021 - 7:13pm

As part of a new independent market value expert opinion by Apricum GmbH, Berlin, the project valuations of one of the company's European pipelines were reviewed using current market data.

Key Points: 
  • As part of a new independent market value expert opinion by Apricum GmbH, Berlin, the project valuations of one of the company's European pipelines were reviewed using current market data.
  • As a result, the project values showed significant double-digit growth rates compared to the November 2020 expert opinion, in particular due to increased market prices for ready-to-build PV project rights.
  • The new independent market value expert opinion can be viewed on the website of Greencells GmbH in the "Investor Relations" section ( www.greencells.com/ir ) under "Documents".
  • This is made clear not least by the significant market price increases attested by the new independent expert report.

AM Best Affirms Credit Ratings of UnipolRe Designated Activity Company

Thursday, November 18, 2021 - 5:05pm

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of UnipolRe Designated Activity Company (UnipolRe) (Ireland).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of UnipolRe Designated Activity Company (UnipolRe) (Ireland).
  • UnipolRe reported a profit of EUR 7.9 million in 2020 and had a combined ratio of 100.1%, as calculated by AM Best.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Assigns Credit Ratings to Compagnie Algérienne des Assurances

Thursday, November 18, 2021 - 3:36pm

AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of bb+ (Fair) to Compagnie Algrienne des Assurances (CAAT) (Algeria).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of bb+ (Fair) to Compagnie Algrienne des Assurances (CAAT) (Algeria).
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Honeywell Expands Baton Rouge Facility To Drive Growth Of Low-Global-Warming Technologies

Wednesday, November 17, 2021 - 12:00pm

"Honeywell is at the forefront for the development and introduction of next-generation technology, with the commercialization of Solstice more than a decade ago, and we continue to invest today to ensure there is ample supply to meet our customer needs for the market conversion to low-GWP solutions," said Laura Reinhard, vice president and general manager, Honeywell Foam and Industrial Products. "The expansion of our Baton Rouge facility—and doubling the capacity of Solstice ze-- will allow us to bring additional supply to market and continue to deliver low-GWP products that reduce carbon footprint and meet regulatory needs."

Key Points: 
  • MORRIS PLAINS, N.J., Nov. 17, 2021 /PRNewswire/ -- Honeywell (Nasdaq: HON) announced today the expansion of its facility in Baton Rouge, La.
  • Honeywell will invest significant capital in the facility for the growth of Solstice ze, which is part of the company's Solstice line of products based on hydrofluoroolefin (HFO) technology that helps customers lower their carbon footprint without sacrificing end-product performance.
  • The demand for low-GWP solutions continues to grow, and this new capacity will help meet the needs.
  • Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

Modine Names Mario Signorini as General Manager, Global Refrigeration & Industrial Coolers

Monday, November 15, 2021 - 3:15pm

RACINE, Wis., Nov. 15, 2021 /PRNewswire/ --Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Mario Signorini has been appointed General Manager, Global Refrigeration & Industrial Coolers.

Key Points: 
  • RACINE, Wis., Nov. 15, 2021 /PRNewswire/ --Modine Manufacturing Company (NYSE: MOD or the "Company"), a diversified global leader in thermal management technology and solutions, today announced that Mario Signorini has been appointed General Manager, Global Refrigeration & Industrial Coolers.
  • In this role, Mr. Signorini will lead the Company's Coolers business and will report to Adrian I.
  • Modine produces evaporator unit coolers, remote condensers, gas coolers, and dry and brine coolers for the commercial and industrial refrigeration market under the ECO brand name and industrial heat transfer products such as transformer oil coolers, air unit heaters and motor and generator coolers under the COILTECH brand name.
  • "Modine has a strong position in the commercial and industrial refrigeration market in Europe, and a growing presence in North America.

German Property and Casualty Insurance Market Growth Trends and Forecasts 2021-2026: Growing Fintech Start-ups - ResearchAndMarkets.com

Monday, November 15, 2021 - 10:25am

The "Property and Casualty Insurance Market in Germany - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Property and Casualty Insurance Market in Germany - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • The property and casualty insurance market in Germany is estimated to grow at a CAGR of approximately 3%, during the forecast period.
  • Property and casualty insurance GWP (gross written premium) increased by 3.4% compared to the previous year.
  • The report covers the major players operating in the property and casualty insurance market in Germany.

Chemours Begins Production of Opteon™ 1150 to Meet Escalating Demand for Low Global Warming Potential, High-Performance Solutions

Wednesday, November 10, 2021 - 9:30pm

With the startup of the facility, Chemours is now accepting orders for Opteon 1150 from customers globally.

Key Points: 
  • With the startup of the facility, Chemours is now accepting orders for Opteon 1150 from customers globally.
  • "This technology will be critical across multiple industries to comply with global regulations to transition to low GWP technology while maintaining the high performance our customers are accustomed to from Chemours.
  • The addition of Opteon 1150 also referred to as HFO-1336mzzE, into our Foam Blowing Agents portfolio gives our customers more options and more control of their formulations."
  • Opteon 1150 joins Opteon 1100 in the Chemours portfolio of non-flammable foam blowing agents made with HFO technology offering high performance in foam blowing applicationsas well as zero ozone depletion potential (ODP), and low GWP.

DuPont™ Delrin® Renewable Attributed Named Winner of 2021 R&D 100 Award

Wednesday, November 3, 2021 - 6:00pm

WILMINGTON, Del., Nov. 3, 2021 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) Mobility & Materials is proud to announce that it has been named a 2021 R&D 100 Award winner in the Mechanical/Materials category.

Key Points: 
  • WILMINGTON, Del., Nov. 3, 2021 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) Mobility & Materials is proud to announce that it has been named a 2021 R&D 100 Award winner in the Mechanical/Materials category.
  • DuPont is being recognized for its Delrin Renewable Attributed RA511CPE, the first commercial acetal homopolymer with a world-class environmental impact profile.
  • Delrin Renewable Attributed products demonstrate up to 75 percent reduction in Global Warming Potential (GWP) compared to fossil-based Delrin.
  • "By adopting Delrin Renewable Attributed, our customers can design parts that are lightweight, durable, reliable, and made with renewable materials.