LANXESS

EQS-News: CTS EVENTIM celebrates 18th record year since its IPO

Retrieved on: 
Wednesday, April 10, 2024
EUR, Annual report, Growth, Supervisory board, AG, Partnership, Sale, IPO, LANXESS, Creativity, INC, Exhibition, Live, CTS Eventim, Artisan Entertainment, Government, CTS

EQS-News: CTS Eventim AG & Co. KGaA

Key Points: 
  • EQS-News: CTS Eventim AG & Co. KGaA
    The issuer is solely responsible for the content of this announcement.
  • Annual revenue surpasses the EUR 2 billion mark for the first time and rises to EUR 2.359 billion (+22%), the 18th record figure since the IPO in 2000.
  • Klaus-Peter Schulenberg, CEO of CTS EVENTIM: ”Live entertainment is once again driving the arts and creative sectors.
  • Klaus-Peter Schulenberg, CEO of CTS EVENTIM: ”These excellent results are proof that live entertainment is once again driving the arts and creative sectors.

EQS-News: IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Retrieved on: 
Wednesday, April 10, 2024
EUR, Growth, AG, Recycling, MBTC, HGB, LFP, Glass, Investment, CO2, LANXESS, Annual report, Lithium

EUR 3.0 million

Key Points: 
  • EUR 3.0 million
    Important milestones achieved in the battery sector at the beginning of 2024: Cooperation with LANXESS and launch of the new product IBUvolt® LFP 402
    Weimar, March 21, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) publishes its audited key financial figures for the 2023 financial year in accordance with HGB accounting.
  • Accordingly, revenue in the most recently expected range was EUR 48.2 million, compared to EUR 53.9 million in the 2022 financial year (see ad hoc announcement dated December 21, 2023).
  • EBITDA amounted to around EUR 3.0 million, compared to EUR 6.7 million in the same period of the previous year.
  • Accordingly, the EBITDA margin is expected to be around 7% in the 2024 financial year.

Standard Lithium Installs Commercial DLE Column at Demonstration Plant

Retrieved on: 
Wednesday, March 13, 2024
Lithium, Dorado, FEED, LSS, Boron, Potassium, Arkansas Project, Knowledge, Calcium, FRA, News, Sodium, DFS, Plant, Magnesium, Demonstration, Demonstration plant, DLE, LANXESS, SLI, KTS, Standard

EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.
  • The column has been installed and integrated with the Company’s existing Demonstration Plant to test and derisk the design for commercial applications of the LiPRO™ LSS technology.
  • Standard Lithium’s Director, President & COO, Dr. Andy Robinson commented, “this is an important derisking milestone for Standard Lithium and our partners.
  • With the commercial-scale LSS column, we can continuously test real brine from the Smackover at a commercial level.”
    Figure 1 – Commercial-scale DLE column installed at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas.

Asahi Kasei Plastics North America Announces Retirement of Todd Glogovsky, President and Chief Operating Officer, and Welcomes Phani Nagaraj as Successor

Retrieved on: 
Wednesday, February 14, 2024
Engineering, LANXESS, Phani, Marketing, Nagaraj, 3D, Growth, Plastic, APNA, Management

FOWLERVILLE, Mich., Feb. 14, 2024 /PRNewswire/ -- Asahi Kasei Plastics North America (APNA) is pleased to announce that Todd Glogovsky, President and Chief Operating Officer, will retire after a distinguished career in the plastics industry on April 1, 2024.

Key Points: 
  • FOWLERVILLE, Mich., Feb. 14, 2024 /PRNewswire/ -- Asahi Kasei Plastics North America (APNA) is pleased to announce that Todd Glogovsky, President and Chief Operating Officer, will retire after a distinguished career in the plastics industry on April 1, 2024.
  • Phani Nagaraj, Vice President of Commercial Sales, will succeed Todd Glogovsky as President.
  • This diversified portfolio comes after the merger between Asahi Kasei Plastics North America and Asahi Kasei Asaclean America s in April of 2023 and the announcement of selling 3D printing filaments in November of 2023.
  • APNA extends its gratitude to Todd Glogovsky for his exceptional leadership and welcomes Phani Nagaraj as the new President, ushering in a promising future for the company.

Standard Lithium Reports Fiscal Second Quarter 2024 Results, Schedules Investor Update Call

Retrieved on: 
Thursday, February 8, 2024
Lithium, Dorado, SandRidge Energy, DFS, FEED, Policy, Boron, LANXESS, SWA, SLI, FRA, Conference, EDGAR, ATM, Growth, Bromine, GMP, EST, Bank statement, ULC, Arkansas Project, Webcast, Environment, Potassium, LSS, TSX Venture Exchange, Pressure

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal second quarter ended December 31, 2023.
  • Salah Gamoudi, Chief Financial Officer of Standard Lithium added: “Despite a challenging commodity price environment, we expect to sustain our current operations through fiscal year 2024 with our cash available on-hand and the strategic use of our ATM program in place.
  • Subsequent to the fiscal second quarter-end, the Company selected Ausenco Engineering Canada ULC to lead the FEED and DFS studies for the project.
  • The Company will hold a conference call and webcast to discuss its second quarter fiscal results on Monday, February 12 at 11:00 a.m. EST.

EQS-News: IBU-tec enters into cooperation agreement with LANXESS / Development of a European iron oxide product for LFP battery material

Retrieved on: 
Tuesday, January 30, 2024
CO2, LFP, Partnership, AG, LANXESS

Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.

Key Points: 
  • Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.
  • The two companies will collaborate to develop an innovative European iron oxide product, which will serve as a crucial component in the production of enhanced LFP battery materials.
  • The agreement between IBU-tec and LANXESS also marks the beginning of additional joint activities to develop innovative European battery materials.
  • The innovative iron oxide product from IBU-tec and LANXESS is specifically manufactured for LFP production in Europe.

Increasing Production of EV Manufacturing Globally Positively Influencing Growth of Lithium Market

Retrieved on: 
Thursday, January 18, 2024
Lithium, Well, Dorado, Technische Universität Darmstadt, Ministry of home affairs, EVS, Government, LANXESS, Alberta Innovates, Carbon, Growth, Sand, Mining, SLI, DLE, Transport, PALM, Citigroup, ICE, Gold, Investment, Acquisition, Porosity, OTCQX, Update, Partnership, Electronics, Salar del Hombre Muerto, OTCQB, News, BNP Paribas, USD, PEA, Tablet

Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.

Key Points: 
  • Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.
  • The Grand View Research report added: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.
  • The lithium market is at a high stage of growth, with an accelerated pace.

Flourishing Lithium-Ion Batteries Demand Propelling Continued Growth of Billion Dollar Lithium Mining Sector

Retrieved on: 
Tuesday, January 16, 2024
Dorado, NPV, Party, Government, LANXESS, Carbon, Denison Mines, Growth, Agreement, Option, IRR, Mining, SLI, DLE, GLC, PALM, GRD, Citigroup, Outline, TSX, KLP, OTCQX, Exercise, DNN, Professional, Partnership, Long-Term Capital Management, Contract management, OTCQB, USD, EV, LCE, PEA, Miner, EMP, News, Lithium

Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.

Key Points: 
  • Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.
  • With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
  • The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
  • Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.

Chase Plastics is authorized distributor for newly formed Envalior

Retrieved on: 
Tuesday, January 16, 2024
Alloy, Partnership, LANXESS, DSM, Plastic, PBT, Engineering

CLARKSTON, Mich., Jan. 16, 2024 /PRNewswire-PRWeb/ -- Chase Plastics announced today that they are an authorized distributor for the new global engineering materials entity, Envalior. Formed last year, Envalior brings together two established global material players − DSM Engineering Materials and LANXESS High Performance Materials − and a combined heritage of over 100 years.

Key Points: 
  • Chase Plastics announced today that they are an authorized distributor for the new global engineering materials entity.
  • CLARKSTON, Mich., Jan. 16, 2024 /PRNewswire-PRWeb/ -- Chase Plastics announced today that they are an authorized distributor for the new global engineering materials entity, Envalior.
  • "Chase Plastics is a great fit for Envalior, and we are proud to have them as a distribution partner," said Grace Showalter, Envalior Regional Commercial Director - Americas.
  • Chase Plastics is authorized to distribute Envalior's full line of products, including STANYL®: PA46, POCAN®: PBT, PBT alloys, and AKULON®: PA6 & 66.

Standard Lithium Provides Update on Phase 1A Commercialization Progress, Announces Engagement of Citi for Strategic Financing and Partnerships

Retrieved on: 
Monday, December 4, 2023
Lithium, Dorado, DFS, BNP Paribas, DLE, Partnership, Department of the Treasury, LCE, LANXESS, CapeNature, FRA, Citigroup, Act, SLI, Smackover Formation, EV

The Company has engaged Citi to facilitate strategic financing and partnership options for the Phase 1A Project, as well as for advancing the broader South West Arkansas project and the Company’s initiatives in East Texas.

Key Points: 
  • The Company has engaged Citi to facilitate strategic financing and partnership options for the Phase 1A Project, as well as for advancing the broader South West Arkansas project and the Company’s initiatives in East Texas.
  • In line with its strategic focus on core operations, LANXESS Corporation (“LANXESS”) has communicated its plans to commercialize its role in the Phase 1A Project alongside Standard Lithium.
  • These agreements will form the basis of the operational framework for the Phase 1A Project.
  • With the Phase 1A Project’s ownership and operational structure now clearly defined, Standard Lithium is well-placed to optimize project partnerships and structure off-take agreements that capture the full potential value of the project.