JX

Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners

Retrieved on: 
Tuesday, April 9, 2024

COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company's flagship Louisiana Green Fuels (LGF) project, an ultra-low carbon negative SAF plant located in Caldwell Parish, Louisiana.

Key Points: 
  • COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels , a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX).
  • "It's an honor to work with Strategic Biofuels and SCOA, who possess remarkable technical, project management, business, and financing expertise and leadership to help us achieve our goals."
  • We continue to support creating strategic partnership with Japanese strategic investors through M-SEP"
    In February, SCOA announced a major investment commitment to Strategic Biofuels' LGF project, revealing that it will help the project reach a Financial Investment Decision and commencement of construction in early 2025.
  • At the same time, Strategic Biofuels announced that it would be shifting its primary renewable fuel product to SAF.

Chevron and JX Sign MOU for Collaboration on Development of CCS Value Chain

Retrieved on: 
Tuesday, March 19, 2024

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • (Photo: Business Wire)
    The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO₂ emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.
  • The collaboration will also explore the opportunity to develop suitable transboundary policies and the potential development of CO₂ storage sites in other countries in the Asia Pacific region.
  • JX will contribute to the realization of a carbon-neutral society by leveraging the knowledge we have accumulated through our various CCS/CCUS-related businesses,” Yamada added.

Universal Technical Institute and Peterbilt Celebrate 1000th Graduate Joining Skilled Trades Workforce

Retrieved on: 
Wednesday, September 13, 2023

PHOENIX, Sept. 13, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), a division of Universal Technical Institute, Inc. and a leading workforce solutions provider of transportation, skilled trades and energy education programs, along with industry partner Peterbilt, is celebrating several milestones for the Peterbilt Technician Institute (PTI). The 1000th graduate has completed the program, which is offered by UTI's Lisle, Ill. and Dallas, Texas campuses to help meet Peterbilt's ongoing demand for diesel technicians. The recognition comes as Peterbilt and UTI celebrate the program's 10th year.

Key Points: 
  • Peterbilt Technician Institute announces milestone, continues work to meet demand for diesel technicians
    PHOENIX, Sept. 13, 2023 /PRNewswire/ -- Universal Technical Institute (UTI) , a division of Universal Technical Institute, Inc. and a leading workforce solutions provider of transportation, skilled trades and energy education programs, along with industry partner Peterbilt , is celebrating several milestones for the Peterbilt Technician Institute (PTI).
  • Graduate Jason Neumann, who has the honor of becoming the program's 1000th graduate, came to the program as a recent graduate of UTI's diesel technician training program at UTI-Lisle.
  • Instructor Tony Spadafina, who's been training technicians for the Peterbilt Technician Institute since 2015, is also celebrating his 20th anniversary with UTI.
  • "We are proud and honored to have a great relationship with Peterbilt Motors and Universal Technical Institute for the PTI program," said Hannah Freeman, director of continuous improvement at JX Enterprises .

Kingsoft Announces 2023 First Quarter Results

Retrieved on: 
Tuesday, May 23, 2023

HONG KONG, May 23, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2023 ("period under review").

Key Points: 
  • HONG KONG, May 23, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2023 ("period under review").
  • Mr. Jun LEI, Chairman of Kingsoft, commented, "We had a good start in the first quarter of 2023.
  • For the first quarter of 2023, revenue from the office software and services business increased 21% year on-year to RMB1,051.7 million.
  • Revenue from the online games and others business for the first quarter of 2023 decreased 6% year-on-year to RMB918.7 million.

Juvare Announces Launch of Juvare Unified Command Platform™ for Federal and Defense Clients

Retrieved on: 
Tuesday, July 11, 2023

Juvare® , the leader in situational awareness and critical incident preparedness and response technology, today announced the launch of the Juvare Unified Command Platform™ (UCP), part of its new Juvare Federal & Defense (JFD) business unit.

Key Points: 
  • Juvare® , the leader in situational awareness and critical incident preparedness and response technology, today announced the launch of the Juvare Unified Command Platform™ (UCP), part of its new Juvare Federal & Defense (JFD) business unit.
  • The platform enables federal and defense agencies to improve real-time situational awareness, facilitate secure interagency collaboration, and digitize workflows as part of public sector digital modernization efforts.
  • The FedRAMP® High authorized version of UCP is available on the FedRAMP marketplace through Juvare Federal Cloud.
  • “UCP is much more than just a workflow and visualization application,” said Patrick Macfarlane, Chief Operating Officer of Juvare Federal & Defense.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Inmarsat’s Fastest Ever Inflight Broadband Plans Are Now Available for Business Aviation Customers

Retrieved on: 
Tuesday, May 23, 2023

Satcom Direct’s Plane Simple Ka-band system has commenced flight testing and is expected to enter service later this year.

Key Points: 
  • Satcom Direct’s Plane Simple Ka-band system has commenced flight testing and is expected to enter service later this year.
  • All three next-generation terminals use innovative technology and lightweight designs to optimise performance, reduce costs, and simplify installation and maintenance.
  • The new Jet ConneX service plans are available through Inmarsat’s global business aviation distribution network, which consists of Satcom Direct, Collins Aerospace and Honeywell.
  • “These service plans have been specifically designed to deliver even greater value and performance based on unique insights into usage of our inflight broadband service.

TPC Group Appoints New Chief Financial Officer, General Counsel and Additional Members of Senior Leadership Team

Retrieved on: 
Thursday, March 23, 2023

Mr. Valenzuela has held leadership positions at TPC Group for more than 10 years and most recently served as Vice President, Financial Planning & Analysis and Corporate Development.

Key Points: 
  • Mr. Valenzuela has held leadership positions at TPC Group for more than 10 years and most recently served as Vice President, Financial Planning & Analysis and Corporate Development.
  • He will serve on the Senior Leadership Team and oversee the finance, accounting, treasury and investor relations functions, in addition to the internal audit function.
  • As Vice President and General Counsel, he will serve on the Senior Leadership Team and oversee legal, compliance and corporate governance functions.
  • Ms. Burke will serve on the Senior Leadership Team and oversee procurement, planning and optimization, logistics, and supply chain services.

Kingsoft Announces 2022 Annual and Fourth Quarter Results

Retrieved on: 
Tuesday, March 21, 2023

HONG KONG, Mar 22, 2023 - (ACN Newswire) - On 21 March 2023, Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2022 annual results and fourth quarter results for the period ended 31 December 2022.

Key Points: 
  • HONG KONG, Mar 22, 2023 - (ACN Newswire) - On 21 March 2023, Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2022 annual results and fourth quarter results for the period ended 31 December 2022.
  • For the fourth quarter of 2022, the Company's revenue increased 16% year-on-year and 15% quarter-on-quarter to RMB2,112.4 million.
  • Revenue from the office software and services and online games and others represented 52% and 48%, respectively, of the Company's total revenue for the fourth quarter of 2022.
  • Gross profit for the fourth quarter of 2022 increased 20% year-on-year and 19% quarter-on-quarter to RMB1,740.8 million, while operating profit amounted to RMB618.7 million.