PDH

BAYEGAN Selects Lummus for Integrated PDH and PP Complex

Retrieved on: 
Tuesday, February 20, 2024

HOUSTON, Feb. 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from BAYEGAN. BAYEGAN will license Lummus' CATOFIN® technology for a new 450 KTA propane dehydrogenation (PDH) unit and Lummus' Novolen® technology for a new 450 KTA polypropylene (PP) unit. The units will be located at BAYEGAN's complex in the Hatay Province of Türkiye, and will be Lummus' first integrated PDH and PP complex in the country. 

Key Points: 
  • HOUSTON, Feb. 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from BAYEGAN.
  • BAYEGAN will license Lummus' CATOFIN® technology for a new 450 KTA propane dehydrogenation (PDH) unit and Lummus' Novolen® technology for a new 450 KTA polypropylene (PP) unit.
  • The units will be located at BAYEGAN's complex in the Hatay Province of Türkiye, and will be Lummus' first integrated PDH and PP complex in the country.
  • Lummus' scope includes the technology license for the PDH and PP technologies, basic design engineering, advisory services and training.

Premier Diversified Holdings Inc. Announces Cease Trade Order and Provides Update on the Proposed Acquisition of AJA Health and Wellness Ltd., Assured Diagnosis Inc., and AJA Therapeutics Inc.

Retrieved on: 
Monday, February 5, 2024

VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Premier Diversified Holdings Inc. ("PDH" or the "Company") (TSXV:PDH) announces that further to the press release dated January 18, 2024, whereby the Company announced the filing of an application seeking a management cease trade order (“MCTO”) from the British Columbia Securities Commission (“BCSC”) due to its inability to file its annual financial statements for the year ending September 30, 2023 including the related management’s discussion and analysis and certifications from the CEO and CFO (the “Annual Filings”), the BCSC will issue a cease trade order against PDH (the “CTO”).

Key Points: 
  • The Corporation continues to pursue the acquisitions of AJA Health and Wellness Ltd. ("AJA Health"), AJA Therapeutics Inc. ("ATI"), and Assured Diagnosis Inc. ("ADI", and together with PDH, AJA Health, and ATI, the "Parties").
  • The Acquisition, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of PDH.
  • There can be no assurance that the Acquisition will be completed as proposed or at all.
  • AJA Health and ADI are diligently working on having audits completed on their financial statements.

PREMIER DIVERSIFIED HOLDINGS INC. Reports on Delay in Filing of Annual Filings

Retrieved on: 
Thursday, January 18, 2024

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Premier Diversified Holdings Inc. ("PDH" or the "Company") (TSXV: PDH) is announcing that it has completed the filing of an application seeking a management cease trade order (the “MCTO”) under National Policy 12-203, from the British Columbia Securities Commission (“BCSC”).

Key Points: 
  • The delay in filing the Annual Filings is largely related to the impending and previously announced acquisition, by way of reverse takeover, of AJA Health and Wellness Inc. (the “Target”) by the Issuer (the “RTO Transaction”) and the special procedure audit required as part of the financial disclosure.
  • However, trading of the shares of the Issuer is currently halted as a result of the RTO transaction.
  • The MCTO will be in effect until the Annuals Filings are filed.
  • Until the Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders.

LYB Enters into Agreement to Acquire 35% of Saudi Arabia-based NATPET; Expands Core PP Business

Retrieved on: 
Tuesday, January 16, 2024

Enabled by its Spheripol polypropylene (PP) technology, the joint venture positions LYB to grow and upgrade its core PP business through access to advantaged feedstocks, plus additional product marketing capacity, in a strategic region.

Key Points: 
  • Enabled by its Spheripol polypropylene (PP) technology, the joint venture positions LYB to grow and upgrade its core PP business through access to advantaged feedstocks, plus additional product marketing capacity, in a strategic region.
  • Alujain and LYB are also assessing together potential construction of a new propylene via propane dehydrogenation (PDH) and PP facility at the NATPET site, subject to a final investment decision.
  • The project is being studied with a shared goal to implement solutions that align with the Kingdom of Saudi Arabia's 2060 carbon reduction strategy.
  • "This investment in NATPET reflects our strategy of growing and upgrading our core around assets and businesses with lasting advantages," said LYB CEO Peter Vanacker.

LYB Enters into Agreement to Acquire 35% of Saudi Arabia-based NATPET; Expands Core PP Business

Retrieved on: 
Tuesday, January 16, 2024

Enabled by its Spheripol polypropylene (PP) technology, the joint venture positions LYB to grow and upgrade its core PP business through access to advantaged feedstocks, plus additional product marketing capacity, in a strategic region.

Key Points: 
  • Enabled by its Spheripol polypropylene (PP) technology, the joint venture positions LYB to grow and upgrade its core PP business through access to advantaged feedstocks, plus additional product marketing capacity, in a strategic region.
  • Alujain and LYB are also assessing together potential construction of a new propylene via propane dehydrogenation (PDH) and PP facility at the NATPET site, subject to a final investment decision.
  • The project is being studied with a shared goal to implement solutions that align with the Kingdom of Saudi Arabia's 2060 carbon reduction strategy.
  • "This investment in NATPET reflects our strategy of growing and upgrading our core around assets and businesses with lasting advantages," said LYB CEO Peter Vanacker.

T3 E3 Signal Analyzer for Channelized and Unchannelized Applications

Retrieved on: 
Wednesday, October 18, 2023

GL's T3 E3 Analyzer is a versatile tool that handles signaling, voice, and data in full T3 (DS3) or E3 data streams.

Key Points: 
  • GL's T3 E3 Analyzer is a versatile tool that handles signaling, voice, and data in full T3 (DS3) or E3 data streams.
  • This analyzer is equipped for both Unchannelized (Unstructured) and Channelized (Structured) T3 E3 Traffic,” said Vijay Kulkarni, CEO of GL Communications.
  • GL also offers T3 E3 probe and rack-mount variants, combining the USB-based T3 E3 Analyzer hardware unit with a Single Board Computer pre-installed with all software and licenses.
  • The T3 E3 hardware platform with associated T1 E1 Send Receive Server and Channelized T3 analyzer software can transmit T1 E1 frames over T3 E3 lines and capture, record, and monitor multiple T1 or E1 channels over Channelized T3 or E3 links.

Premier Diversified Holdings Inc. Announces Letter of Intent for Acquisition of AJA Health and Wellness Ltd., Assured Diagnosis Inc., and AJA Therapeutics Inc.

Retrieved on: 
Thursday, September 21, 2023

VANCOUVER, British Columbia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Premier Diversified Holdings Inc. ("PDH" or the "Company") (TSXV: PDH) is pleased to announce it has entered into a non-binding letter of intent (the "LOI") among AJA Health and Wellness Ltd. ("AJA Health"), AJA Therapeutics Inc. ("ATI"), Assured Diagnosis Inc. ("ADI"), James Viccars, Elizabeth Bryant Viccars and Deluxe Holdings Inc. ("DHI"), dated September 20, 2023, 2023 (the "Letter of Intent"), pursuant to which, subject to regulatory approval including that of the TSX Venture Exchange (the "Exchange"), PDH intends to acquire (the “AJA Health Acquisition”) all of the issued and outstanding class A common shares (“AJA Class A Shares”) and series 2 preferred shares of AJA Health (“AJA Preferred Shares” and together with the AJA Class A Shares, the “AJA Shares”) and the issued and outstanding shares (the “ADI Shares”) of ADI (the “ADI Acquisition”) by way of share exchange, three-cornered amalgamation or other similar form of transaction, and to acquire all of the shares held by James Viccars, Elizabeth Bryant Viccars and DHI in the capital of ATI in exchange for shares of PDH (the “ATI Share Purchase” and together with the AJA Health Acquisition and the ADI Acquisition, the "Acquisition"). The final structure of the Acquisition is subject to receipt of tax, corporate and securities law advice.

Key Points: 
  • AJA Health and Wellness Ltd.
    AJA Health was incorporated on February 18, 2015 in Alberta under the name MyCare MedTech Inc.
  • AJA Health anticipates completing a private placement of up to 12,500,000 AJA Class A Shares prior to closing of the Acquisition.
  • PDH currently owns 6,015,382 AJA Preferred Shares and 5,144,000 AJA Class A Shares for a total of 11,159,382 AJA Shares and will have 11,278,180 AJA Shares upon the debt settlement with AJA Health which will occur prior to closing of the Acquisition.
  • AJA Health owns 25,000,000 ATI Shares and Each of Jim Viccars, Elizabeth Bryant Viccars and DHI own 500,000 ATI Shares.

Eagle Eye University Granted Approval as Provider of IEEE CEU/PDH Certificates

Retrieved on: 
Wednesday, August 23, 2023

MEQUON, Wis., Aug. 23, 2023 /PRNewswire/ -- Eagle Eye University (EEU), a leading institution in professional battery education and division of Eagle Eye Power Solutions, has been officially recognized as an approved provider of Continuing Education Units (CEUs) and Professional Development Hours (PDHs) by the standard setting Institute of Electrical and Electronics Engineers (IEEE). The IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. 

Key Points: 
  • MEQUON, Wis., Aug. 23, 2023 /PRNewswire/ -- Eagle Eye University (EEU), a leading institution in professional battery education and division of Eagle Eye Power Solutions , has been officially recognized as an approved provider of Continuing Education Units (CEUs) and Professional Development Hours (PDHs) by the standard setting Institute of Electrical and Electronics Engineers (IEEE) .
  • The IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity.
  • "We are excited to have EEU recognized by a reputable organization like IEEE to be an approved provider of CEU and PDH certificates," said Ryan Sberna, CEO and President of Eagle Eye Power Solutions.
  • Here's a list of courses currently offered by EEU that will also allow students to receive IEEE certificates (and CEUs and PDHs) once completed:

Tulane Business Forum explores Louisiana’s next generation economy

Retrieved on: 
Tuesday, August 22, 2023

Presented by the Tulane Association of Business Alumni (TABA), the 44th annual forum will look across industries to determine winning strategies for the future.

Key Points: 
  • Presented by the Tulane Association of Business Alumni (TABA), the 44th annual forum will look across industries to determine winning strategies for the future.
  • For the 44th annual Tulane Business Forum, a distinguished panel of executives and experts will discuss the state’s emerging economy and what they’re doing now to position themselves for future success.
  • Presented by the Tulane Association of Business Alumni (TABA), which represents more than 25,000 graduates of Tulane University’s A.
  • B. Freeman School of Business , the forum is the association’s signature event and one of the region’s largest annual conference dedicated to local and national business topics.

Enterprise Begins Service at PDH 2 Plant

Retrieved on: 
Tuesday, August 1, 2023

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of service at its second propane dehydrogenation (“PDH”) plant (“PDH 2”) in Chambers County, Texas.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of service at its second propane dehydrogenation (“PDH”) plant (“PDH 2”) in Chambers County, Texas.
  • Underwritten by long-term, fee-based contracts, PDH 2 has the capacity to consume 35,000 barrels per day (“BPD”) of propane to produce 1.65 billion pounds of polymer grade propylene (“PGP”) per year.
  • Combined with Enterprise’s existing PDH 1 plant, the company can consume 70,000 BPD of propane to produce 3.3 billion pounds per year of PGP at its Chambers County complex.
  • Our newest PDH plant is among $3.8 billion of major growth projects that we announced would begin service and generate new sources of cash flow by the end of 2023.”
    Companywide, Enterprise now has the capacity to produce 11 billion pounds of propylene per year.