RS

ITE Management L.P. Affiliate Agrees to Acquire SMBC Rail Services

Retrieved on: 
Tuesday, November 7, 2023

Sumitomo Mitsui Financial Group (collectively, SMBC Group, President and Group CEO Jun Ohta) and ITE Management L.P. (ITE), an investment firm specializing in industrial transportation assets and infrastructure, announced today that an affiliate of ITE has agreed to acquire SMBC Rail Services LLC (SMBC RS) from SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group.

Key Points: 
  • Sumitomo Mitsui Financial Group (collectively, SMBC Group, President and Group CEO Jun Ohta) and ITE Management L.P. (ITE), an investment firm specializing in industrial transportation assets and infrastructure, announced today that an affiliate of ITE has agreed to acquire SMBC Rail Services LLC (SMBC RS) from SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group.
  • AITX is a railcar services solution provider and SMBC RS is a premier, full-service lessor of rolling stock, offering comprehensive rail leasing solutions in North America.
  • Over the past ten years, SMBC Group has transformed SMBC RS through ongoing fleet reinvestment, repositioning, organic growth, and acquisition.
  • With a decade of continuous investment by SMBC, SMBC RS has maintained its competitiveness in the railcar business.

RS Offers Solutions Engineered to Modernize and Safeguard Energy and Utilities Applications

Retrieved on: 
Tuesday, November 7, 2023

FORT WORTH, Texas, Nov. 7, 2023 /PRNewswire/ -- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, is a trusted partner for navigating the complexities of the energy and utilities industry and offers a comprehensive suite of solutions designed to address the industry's modernization and safety challenges.

Key Points: 
  • RS offers a comprehensive suite of solutions engineered to help customers in the energy and utilities industry navigate challenges related to market growth, including products designed to improve safety, efficiency, uptime, sustainability, and maintenance.
  • RS is a trusted partner for navigating the complexities of the energy and utilities industry.
  • Power supplies are an essential component of all electronic systems, including energy and utilities applications.
  • Liquid-level sensors also contribute to the safety of energy and utilities applications, including storage tanks, open basins, pump shafts, and canal systems in remote and hazardous locations.

RS BioTherapeutics Promotes Michelle L. Shuffett, MD to Chief Medical Officer

Retrieved on: 
Tuesday, October 31, 2023

CUMBERLAND, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- RS BioTherapeutics, whose mission is to develop life-changing medicines for the millions of people suffering from diseases characterized by pulmonary inflammation, is pleased to announce that it has appointed Michelle L. Shuffett, MD as its Chief Medical Officer.

Key Points: 
  • CUMBERLAND, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- RS BioTherapeutics, whose mission is to develop life-changing medicines for the millions of people suffering from diseases characterized by pulmonary inflammation, is pleased to announce that it has appointed Michelle L. Shuffett, MD as its Chief Medical Officer.
  • Commenting on the promotion of Dr. Shuffett to Chief Medical Officer, Dean Hart, Chief Executive Officer of RS BioTherapeutics said, “Michelle has been a tremendous addition to our leadership team.
  • Michelle will Chair the TEC and that group will help guide the development of RSBT-001.”
    Commenting on her appointment, Dr. Shuffett said, “I’m thrilled to continue working with the incredible leadership team at RS BioTherapeutics in this new role.
  • Dr. Shuffett has also served in senior roles at several organizations including Synapse Medical Communications, Everyday Health, Columbia Care, and Radicle Science.

Power Integrations Releases Ground-Breaking 1250-Volt GaN Switcher IC

Retrieved on: 
Monday, October 30, 2023

ECCE 2023 – Power Integrations (NASDAQ: POWI ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today released the world’s highest-voltage, single-switch gallium-nitride (GaN) power supply IC, featuring a 1250-volt PowiGaN™ switch.

Key Points: 
  • ECCE 2023 – Power Integrations (NASDAQ: POWI ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today released the world’s highest-voltage, single-switch gallium-nitride (GaN) power supply IC, featuring a 1250-volt PowiGaN™ switch.
  • View the full release here: https://www.businesswire.com/news/home/20231030976083/en/
    Power Integrations releases ground-breaking 1250 V InnoSwitch3-EP PowiGaN switcher IC (Photo: Business Wire)
    The switching losses for Power Integrations’ proprietary 1250 V PowiGaN technology are less than a third of that seen in equivalent silicon devices at the same voltage.
  • Radu Barsan, vice president of technology at Power Integrations, said: "Power Integrations continues to advance the state of the art in high-voltage GaN technology development and commercial deployment, rendering even the best high-voltage silicon MOSFETs obsolete along the way.
  • For further information, contact a Power Integrations sales representative or one of the company’s authorized worldwide distributors: DigiKey , Newark , Mouser and RS Components , or visit power.com .

1 HOTELS LAUNCHES LONDON'S FIRST NATURE-DRIVEN HOTEL EXPERIENCE

Retrieved on: 
Monday, November 6, 2023

LONDON, Nov. 6, 2023 /PRNewswire/ -- 1 Hotels, the nature-inspired mission-driven hotel brand founded by hospitality visionary Barry Sternlicht, announces the official opening of 1 Hotel Mayfair, its UK flagship and first European destination, developed in collaboration with Crosstree Real Estate Partners. Located on a fashionable corner of historic Mayfair overlooking the mature trees of Green Park, 1 Hotel Mayfair brings the beauty of nature to central London through vertical landscapes, sustainable design, farm-to-table food, and nature-inspired immersive experiences.

Key Points: 
  • "At 1 Hotel Mayfair, we have meticulously curated a sustainable destination, drawing inspiration from the innate beauty of the natural world that surrounds us.
  • Our brand's purpose-driven ethos seamlessly harmonizes with the vibrant tapestry of London and the illustrious Mayfair district," says SH Hotels & Resorts Chief Executive Officer Raul Leal.
  • "We are delighted to bring 1 Hotels' industry-leading sustainability focus to London as an alternative vision of modern luxury compared to the traditional hotels that dominate Mayfair.
  • With 1 Hotels' signature biophilic design combined with its deep-rooted passion and authenticity around environmental responsibility, 1 Hotel Mayfair is a fresh addition to London's hotel scene," said Sean Arnold & Nick Lyle, Founders, Crosstree Real Estate Partners.

1 HOTELS LAUNCHES LONDON'S FIRST NATURE-DRIVEN HOTEL EXPERIENCE

Retrieved on: 
Monday, November 6, 2023

LONDON, Nov. 6, 2023 /PRNewswire/ -- 1 Hotels, the nature-inspired mission-driven hotel brand founded by hospitality visionary Barry Sternlicht, announces the official opening of 1 Hotel Mayfair, its UK flagship and first European destination, developed in collaboration with Crosstree Real Estate Partners. Located on a fashionable corner of historic Mayfair overlooking the mature trees of Green Park, 1 Hotel Mayfair brings the beauty of nature to central London through vertical landscapes, sustainable design, farm-to-table food, and nature-inspired immersive experiences.

Key Points: 
  • "At 1 Hotel Mayfair, we have meticulously curated a sustainable destination, drawing inspiration from the innate beauty of the natural world that surrounds us.
  • Our brand's purpose-driven ethos seamlessly harmonizes with the vibrant tapestry of London and the illustrious Mayfair district," says SH Hotels & Resorts Chief Executive Officer Raul Leal.
  • "We are delighted to bring 1 Hotels' industry-leading sustainability focus to London as an alternative vision of modern luxury compared to the traditional hotels that dominate Mayfair.
  • With 1 Hotels' signature biophilic design combined with its deep-rooted passion and authenticity around environmental responsibility, 1 Hotel Mayfair is a fresh addition to London's hotel scene," said Sean Arnold & Nick Lyle, Founders, Crosstree Real Estate Partners.

CRISIL Appoints Two Key Executives to Lead Global Expansion

Retrieved on: 
Thursday, November 2, 2023

MUMBAI, India and STAMFORD, Conn., Nov. 2, 2023 /PRNewswire/ -- CRISIL Limited, the leading global analytics company, has appointed two senior executives, Jan Larsen and Duncan McCredie, to lead its expansion into global markets.

Key Points: 
  • Jan Larsen to Head CRISIL GR&RS, Duncan McCredie to Head Coalition Greenwich
    MUMBAI, India and STAMFORD, Conn., Nov. 2, 2023 /PRNewswire/ -- CRISIL Limited, the leading global analytics company, has appointed two senior executives, Jan Larsen and Duncan McCredie, to lead its expansion into global markets.
  • "We are thrilled to welcome Jan and Duncan, two global leaders who have created impact in the financial services industry through transformational work cutting across banking, strategy and digital solutions.
  • Based in New York, Jan will lead the CRISIL Global Research & Risk Solutions (GR&RS) business by helping financial institutions navigate investment management, financial and non-financial risk, new technology implementation, research, sustainability and other strategic areas.
  • "I am excited to lead a team that sets the standard for strategic benchmarking in financial services," says Duncan.

CRISIL Appoints Two Key Executives to Lead Global Expansion

Retrieved on: 
Thursday, November 2, 2023

MUMBAI, India and STAMFORD, Conn., Nov. 2, 2023 /PRNewswire/ -- CRISIL Limited, the leading global analytics company, has appointed two senior executives, Jan Larsen and Duncan McCredie, to lead its expansion into global markets.

Key Points: 
  • Jan Larsen to Head CRISIL GR&RS, Duncan McCredie to Head Coalition Greenwich
    MUMBAI, India and STAMFORD, Conn., Nov. 2, 2023 /PRNewswire/ -- CRISIL Limited, the leading global analytics company, has appointed two senior executives, Jan Larsen and Duncan McCredie, to lead its expansion into global markets.
  • "We are thrilled to welcome Jan and Duncan, two global leaders who have created impact in the financial services industry through transformational work cutting across banking, strategy and digital solutions.
  • Based in New York, Jan will lead the CRISIL Global Research & Risk Solutions (GR&RS) business by helping financial institutions navigate investment management, financial and non-financial risk, new technology implementation, research, sustainability and other strategic areas.
  • "I am excited to lead a team that sets the standard for strategic benchmarking in financial services," says Duncan.

Haldia Selects Multiple Lummus Technologies for India's First On-Purpose Propylene Plant and Largest Cumene and Phenol Plant

Retrieved on: 
Wednesday, November 1, 2023

HOUSTON, Nov. 1, 2023 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Haldia Petrochemicals Ltd. (HPL) will license its olefins conversion technology (OCT) and the Lummus/Versalis cumene and phenol technologies for a new plant in West Bengal, India.

Key Points: 
  • Once HPL's plant is complete, it will be India's largest cumene and phenol plant and the nation's first on-purpose propylene plant.
  • The integration of OCT will strengthen India's petrochemical market by allowing production of more phenol products locally rather than by importing them.
  • Lummus' scope includes the technology license for OCT and cumene and phenol technologies, basic design engineering, site services, advisory services and training.
  • In addition, Lummus and Versalis have partnered to license phenol and cumene technologies since 2007.

Enterprises See Technology, Workplace Services Critical for Success, ISG Study Says

Retrieved on: 
Thursday, October 26, 2023

They are looking to workplace services solutions to bridge the gap.

Key Points: 
  • They are looking to workplace services solutions to bridge the gap.
  • The event will feature speakers from Marsh, Citigroup, Walgreens, Northwestern Mutual, Orange Business, RS Eden, United Bank, Polysleep and more.
  • “Enterprises need to enable secure, seamless delivery and customer experience to succeed,” said Iain Fisher, global Future of Work lead for ISG and co-host of the ISG Digital Business Summit.
  • “Enterprises know they need practical information and a plan for cutting-edge technologies,” said Anay Nawathe, ISG cloud delivery lead and co-host of the ISG Digital Business Summit.