PP

Symphony hails US Environmental Protection Agency report on pro-oxidants

Retrieved on: 
Monday, March 11, 2024

LONDON, March 11, 2024 /PRNewswire/ -- Symphony Environmental Technologies Plc. have commented on this important statement from the US Environmental Protection Agency (EPA). 

Key Points: 
  • Blending plastics with pro-oxidants could be a promising solution, as they accelerate photooxidation to obtain degradable materials whose final ecological and physical footprint are much smaller."
  • "In this study, two pro-oxidants, iron stearate (FeSt3) and cobalt stearate (CoSt2), were melt-blended with polypropylene (PP) at concentrations of 1 and 2 wt%.
  • After 500 h of aging plastics plates showed significant reduction in melting and re-crystallization points - indicating polymer-chain breaking, rapid depolymerization."
  • The study offers a successful approach where benign filler could significantly reduce the persistence of plastic pollution without creating undesired by-products."

Monomoy CRE, LLC Hires Experienced Engineering Professional Brian Fischbach, P.E. as Senior Manager, Civil Engineering

Retrieved on: 
Thursday, February 29, 2024

CHARLESTON, S.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Monomoy CRE, LLC (“we,” “us,” “our,” or “Monomoy,”) announced today the hiring of Brian Fischbach, P.E., as Senior Manager, Civil Engineering.

Key Points: 
  • CHARLESTON, S.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Monomoy CRE, LLC (“we,” “us,” “our,” or “Monomoy,”) announced today the hiring of Brian Fischbach, P.E., as Senior Manager, Civil Engineering.
  • Mr. Fischbach is an accomplished industry veteran with over 30 years of civil engineering, land development and permitting experience in all sectors of real estate development.
  • He is licensed as a Professional Engineer in Pennsylvania, Virginia, South Carolina, and Maryland and is a LEED 2.0 Accredited Professional.
  • "Brian’s substantial engineering and land planning experience will further reinforce Monomoy’s ability to provide innovative solutions to tenants’ real estate needs."

Enerflex Ltd. Reports Fourth Quarter 2023 Financial and Operational Results

Retrieved on: 
Wednesday, February 28, 2024

CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months and year ended December 31, 2023. All amounts are presented in Canadian dollars unless otherwise stated.

Key Points: 
  • These adjustments and Enerflex's bank-adjusted net debt to EBITDA ratio are calculated in accordance with, and derived from, the Company's financing agreements.
  • Gross margin before depreciation and amortization is a non-IFRS measure defined as gross margin excluding the impact of depreciation and amortization.
  • The outlook is based on the same assumptions and risk factors set forth above and is based on the Company's historical results of operations.
  • The prospective financial information set forth in this news release should not be relied on as necessarily indicative of future results.

Hewlett Packard Enterprise Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, February 29, 2024

Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the first quarter ended January 31, 2024.

Key Points: 
  • Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the first quarter ended January 31, 2024.
  • Fiscal 2024 second quarter non-GAAP diluted net EPS estimates exclude net after-tax adjustments of approximately $0.16 per diluted share, primarily related to stock-based compensation expense and amortization of intangible assets.
  • Hewlett Packard Enterprise provides certain guidance on a non-GAAP basis.
  • These elements could have a material impact on the Company’s reported GAAP results for the guidance period.

Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, February 29, 2024

Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.
  • Net loss was $10.4 million for the fourth quarter compared to net income of $16.0 million in the prior-year period.
  • Adjusted EBITDA loss was $11.0 million for the fourth quarter compared to $9.2 million in the prior-year period.
  • Company management will host a webcast and conference call on February 29, 2024, at 5:00 p.m. Eastern Time, to discuss the Company's financial results.

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Thursday, February 22, 2024

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

Global Industrial Sacks Market Outlook & Forecast 2024-2029 - Growing Demand for Lightweight Products and Increased Focus on Sustainable Packaging - ResearchAndMarkets.com

Retrieved on: 
Monday, February 19, 2024

Innovation has been and continues to be a key growth driver in the global industrial sacks market.

Key Points: 
  • Innovation has been and continues to be a key growth driver in the global industrial sacks market.
  • Major global industrial sacks market vendors, such as Mondi PLC and BillerudKorsnas, made significant innovative contributions through their creative sack products.
  • The global industrial sacks market by sack types is segmented into WPP non-laminated, paper sacks, WPP laminated, FFS sacks, and other plastic sacks.
  • The demand for industrial sacks packaging in the food and industrial secondary/tertiary packaging is expected to fuel market growth during the forecast period.

Global Advanced Chemical Recycling 2024-2040, with 160+ Company Profiles Including Agilyx, Aquafil, Carbios, Extracthive, Garbo, Ioniqa, Licella, Plastogaz, Polystyvert, Pyrowave, Synova and SABIC - ResearchAndMarkets.com

Retrieved on: 
Monday, February 19, 2024

Advanced chemical recycling technologies are now being developed by more than 150 companies worldwide, and capacities are increasing.

Key Points: 
  • Advanced chemical recycling technologies are now being developed by more than 150 companies worldwide, and capacities are increasing.
  • Companies including ExxonMobil, New Hope Energy, Nexus Circular, Eastman, Encina are planning to build large plastics recycling plants.
  • The Global Market for Advanced Chemical Recycling 2024-2040 provides a comprehensive analysis of the global advanced chemical recycling technologies market.
  • Advanced chemical recycling industry news, funding and developments 2020-2023
    Global demand by recycling process, 2018-2040, million metric tons
    Advanced chemical recycling technologies covered include:

Eye-Catching Packaging: KSA In-Mold Label Market Booms at 7.2% CAGR, Driven by Branding, Sustainability, and Technological Advancements: Ken Research

Retrieved on: 
Monday, February 26, 2024

Ken Research's insightful report, KSA In-Mold Label Market Outlook to 2028: Embracing Innovation for Visual Appeal, delves into this dynamic landscape, projecting a remarkable 7.2% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA In-Mold Label Market Outlook to 2028: Embracing Innovation for Visual Appeal, delves into this dynamic landscape, projecting a remarkable 7.2% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for manufacturers, packaging companies, and stakeholders seeking to leverage this flourishing market.
  • Several key factors are driving the KSA in-mold label market towards a bright future:
    Branding and Aesthetics: Consumers are increasingly drawn to visually appealing packaging that reflects brand identity and product quality.
  • The KSA in-mold label market features a diverse mix of players:
    International Giants: Avery Dennison, CCL Industries, and Multi-Color Corporation offer global expertise and advanced printing technologies.

Eye-Catching Packaging: KSA In-Mold Label Market Booms at 7.2% CAGR, Driven by Branding, Sustainability, and Technological Advancements: Ken Research

Retrieved on: 
Monday, February 26, 2024

Ken Research's insightful report, KSA In-Mold Label Market Outlook to 2028: Embracing Innovation for Visual Appeal, delves into this dynamic landscape, projecting a remarkable 7.2% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA In-Mold Label Market Outlook to 2028: Embracing Innovation for Visual Appeal, delves into this dynamic landscape, projecting a remarkable 7.2% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for manufacturers, packaging companies, and stakeholders seeking to leverage this flourishing market.
  • Several key factors are driving the KSA in-mold label market towards a bright future:
    Branding and Aesthetics: Consumers are increasingly drawn to visually appealing packaging that reflects brand identity and product quality.
  • The KSA in-mold label market features a diverse mix of players:
    International Giants: Avery Dennison, CCL Industries, and Multi-Color Corporation offer global expertise and advanced printing technologies.