Tier 4

Trican Announces Build of Second Low Emissions Fracturing Fleet

Monday, September 13, 2021 - 11:00pm

Calgary, Alberta--(Newsfile Corp. - September 13, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it will expand its fleet of next generation, low emissions fracturing equipment by upgrading a second set of existing pumping equipment ("the fleet") with CAT Tier 4 dynamic gas blending ("DGB") engines.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - September 13, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce that it will expand its fleet of next generation, low emissions fracturing equipment by upgrading a second set of existing pumping equipment ("the fleet") with CAT Tier 4 dynamic gas blending ("DGB") engines.
  • The Tier 4 DGB engine displaces 85% of diesel with clean burning natural gas, reducing CO2 and particulate matter emissions.
  • Combined with Trican's idle reduction technology, the fleet will lower overall fuel consumption and emissions, key components in Trican's commitment to Environmental, Social and Governance ("ESG") initiatives.
  • The cost of the upgrade for the second low emissions fleet is expected to be approximately $28 million with $18 million in capital to be spent in 2021.

China HGS Announces First Nine Months of Fiscal 2021 Financial Results

Monday, August 16, 2021 - 9:45pm

HANZHONG, China, Aug. 16, 2021 /PRNewswire/ --China HGS Real Estate Inc. (NASDAQ: HGSH) ("China HGS" or the "Company"), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, announced its interim financial results for the first nine months of fiscal 2021 ended June 30, 2021.

Key Points: 
  • HANZHONG, China, Aug. 16, 2021 /PRNewswire/ --China HGS Real Estate Inc. (NASDAQ: HGSH) ("China HGS" or the "Company"), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, announced its interim financial results for the first nine months of fiscal 2021 ended June 30, 2021.
  • Net income for the third quarter of fiscal 2021 totaled approximately $3.6 million, significantly increased from net loss of approximately $2.6 million in the same period of last year.
  • Total revenues for the first nine months of fiscal 2021 were approximately $52.9 million, representing an increase of 630.0% from approximately $7.2 million in the same period of fiscal 2020.
  • Net income for the first nine months of fiscal 2021 totaled approximately $6.1 million, significantly increased from net loss of approximately $3.5 million in the same period of last year.

Global Data Center Blade Server Market to Reach $24.1 Billion by 2026

Thursday, August 5, 2021 - 3:40pm

SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Data Center Blade Server - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Data Center Blade Server - Global Market Trajectory & Analytics" .
  • Blade server in data centers are server computers deployed to ensure optimize use of physical space as well as power.
  • Amid the COVID-19 crisis, the global market for Data Center Blade Server estimated at US$15.2 Billion in the year 2020, is projected to reach a revised size of US$24.1 Billion by 2026, growing at a CAGR of 7.9% over the analysis period.
  • The U.S. Market is Estimated at $5.5 Billion in 2021, While China is Forecast to Reach $2.4 Billion by 2026
    The Data Center Blade Server market in the U.S. is estimated at US$5.5 Billion in the year 2021.