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Change in Stora Enso's Group Leadership Team

Retrieved on: 
Tuesday, October 24, 2023

HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.

Key Points: 
  • HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.
  • From 2012, Ad was the CEO of De Jong Packaging Group, which Stora Enso acquired in January 2023.
  • "I'm delighted to welcome Ad Smit to Stora Enso's leadership team.
  • "On behalf of Stora Enso and the Group Leadership Team, I sincerely thank David Ekberg for his leadership and achievements during the past years.

Holcim US Flagship Cement Plant to Accelerate Decarbonization and Support Growing Markets

Retrieved on: 
Thursday, October 19, 2023

Genevieve Cement Plant— the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world.

Key Points: 
  • Genevieve Cement Plant— the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world.
  • The expansion will increase production capacity by more than 600,000 metric tons of cement while reducing net CO2 emissions, increasing circularity and accelerating decarbonization across the built environment.
  • Genevieve plant is the flagship of the Holcim US cement system.
  • Genevieve Cement Plant begins construction in 2024 and will be completed in late 2025.

1,000 Dreams Fund and HARMAN Celebrate the Year 7 Launch of their 'New Face of Tech' Scholarship Program for Women in Tech

Retrieved on: 
Wednesday, October 18, 2023

WASHINGTON, Oct. 18, 2023 /PRNewswire/ -- Today, HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., announced the seventh-year return of their partnership with 1,000 Dreams Fund, a national nonprofit serving talented women in need, on the New Face of Tech Scholarship Program (#NewFaceofTech). The New Face of Tech Scholarship Program seeks to spotlight and financially support the new face of tech -- those incredible young women pursuing big dreams in the world of technology and innovation. Interested students are encouraged to take the New Face of Tech Challenge by applying at this link: https://1000dreamsfund.org/newfaceoftech-2023challenge/.

Key Points: 
  • The New Face of Tech Scholarship Program seeks to spotlight and financially support the new face of tech -- those incredible young women pursuing big dreams in the world of technology and innovation.
  • Interested students are encouraged to take the New Face of Tech Challenge by applying at this link: https://1000dreamsfund.org/newfaceoftech-2023challenge/ .
  • "We are so proud of our New Face of Tech Scholarship program with our incredible partner HARMAN.
  • To learn more about 1,000 Dreams Fund's New Face of Tech Scholarship Program, visit 1,000 Dreams Fund's website .

Invitation to Stora Enso's Q3 2023 results webcast on 24 October 2023

Retrieved on: 
Tuesday, October 10, 2023

The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.

Key Points: 
  • The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.
  • The webcast link will also be available on Stora Enso's website: storaenso.com/investors .
  • During the webcast presentation, analysts and investors will also have the possibility to ask questions.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV) (STERV) and Nasdaq Stockholm AB (STE A) (STE R).

Invitation to Stora Enso's Q3 2023 results webcast on 24 October 2023

Retrieved on: 
Tuesday, October 10, 2023

The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.

Key Points: 
  • The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi.
  • The webcast link will also be available on Stora Enso's website: storaenso.com/investors .
  • During the webcast presentation, analysts and investors will also have the possibility to ask questions.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV) (STERV) and Nasdaq Stockholm AB (STE A) (STE R).

Global Work Lights Market Set to Illuminate a $48.7 Billion Future by 2032, Fueled by Safety and Efficiency Demands - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 4, 2023

The global work lights market, valued at $32.4 billion in 2022 is set to reach $48.7 billion by 2032, with a projected CAGR of 4.2% from 2023 to 2032.

Key Points: 
  • The global work lights market, valued at $32.4 billion in 2022 is set to reach $48.7 billion by 2032, with a projected CAGR of 4.2% from 2023 to 2032.
  • The work lights market offers a diverse range of lighting solutions tailored for specific work environments, including portable handheld lights, floodlights, task lights, spotlights, headlamps, and work area lighting systems.
  • Enhanced Visibility and Safety: The need for improved visibility and safety in work environments fuels market growth.
  • The work lights market caters to diverse sectors, including construction, manufacturing, automotive, oil and gas, utilities, emergency services, and entertainment.

Deep Analytics Announces SBIR Contract Wins with U.S. Army and DHS for Artificial Intelligence Solutions

Retrieved on: 
Tuesday, October 3, 2023

MONTPELIER, Vt., Oct. 3, 2023 /PRNewswire/ -- Deep Analytics LLC, a leading developer of artificial intelligence (AI) solutions for the Defense Community, has been awarded two Small Business Innovation Research (SBIR) contracts for development of AI systems.

Key Points: 
  • MONTPELIER, Vt., Oct. 3, 2023 /PRNewswire/ -- Deep Analytics LLC, a leading developer of artificial intelligence (AI) solutions for the Defense Community, has been awarded two Small Business Innovation Research (SBIR) contracts for development of AI systems.
  • The U.S. Army Program Executive Office (PEO), Simulation, Training and Instrumentation (STRI) group in Orlando, Fla., has contracted Deep Analytics to develop an AI-Enabled Vehicle Recorder (AIEVR) for training evaluation.
  • AI algorithms developed by Deep Analytics will automate evaluation of training exercises to quickly generate after-action reports (AARs).
  • "This project leverages Deep Analytics' core strengths of rapid hardware prototyping integrated with AI algorithms on the edge for real-time data analysis," said Greg Hewitt, Co-Founder of Deep Analytics.

Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc Steelmaking

Retrieved on: 
Monday, October 2, 2023

MARIE, Ontario, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U.

Key Points: 
  • MARIE, Ontario, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with United States Steel Corporation (“U.
  • S. Steel”) (NYSE: X), with an option to further extend for a third year solely at Algoma’s discretion.
  • The extended purchase contract is anticipated to cover the expected volumes of iron ore required to complete Algoma’s transition from blast furnace to electric arc furnace (“EAF”) steelmaking.
  • The extension with U. S. Steel represents another strategic milestone for Algoma as it continues on its transformative journey toward sustainable steel production through electric arc steelmaking.

From Construction to Emergency Response: Global Work Lights Market Shines Across Diverse Sectors

Retrieved on: 
Friday, September 29, 2023

Work lights, designed specifically for work environments, are indispensable tools across various industries, including construction, manufacturing, automotive repair, maintenance, emergency response, and outdoor events.

Key Points: 
  • Work lights, designed specifically for work environments, are indispensable tools across various industries, including construction, manufacturing, automotive repair, maintenance, emergency response, and outdoor events.
  • The work lights market offers a diverse range of lighting solutions tailored for specific work environments, including portable handheld lights, floodlights, task lights, spotlights, headlamps, and work area lighting systems.
  • The work lights market caters to diverse sectors, including construction, manufacturing, automotive, oil and gas, utilities, emergency services, and entertainment.
  • The work lights market is characterized by a diverse range of manufacturers, suppliers, and distributors operating locally, regionally, and internationally.

Algoma Steel Provides Fiscal Second Quarter 2024 Guidance

Retrieved on: 
Thursday, September 28, 2023

MARIE, Ontario, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter ending September 30, 2023.

Key Points: 
  • MARIE, Ontario, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter ending September 30, 2023.
  • Fiscal 2024 second quarter total steel shipments are expected to be in the range of 540,000 to 550,000 tons and Adjusted EBITDA is expected to be in the range of $75 million to $85 million.
  • Michael Garcia, Algoma’s Chief Executive Officer commented, “Our operations have run in line with our expectations in the fiscal second quarter.
  • In the meantime, we expect to perform our normal annual steel making vessel reline, along with other planned seasonal maintenance during the fiscal third quarter.