CARBON

EQS-News: Stable in a challenging market environment through growth in core business and successful sales

Retrieved on: 
Tuesday, November 7, 2023
Deutsche Wohnen, Renting, Sale, SPI, Housing, Tax, Apollo, Government, EBITDA, Face, Motivation, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Maintenance, LTV, FFO, Development, Environment, Growth, Buch, CBRE, Partnership, HR, Completion, CFO, EPRA, Investment, CHRO, Security (finance), Environmental remediation, Fine chemical, Renewable energy, Commercial property, Retail, Cryptocurrency, Beauty salon, Vonovia

7% growth in rental business – Full occupancy - Almost no rent losses – Completion of 1,800 newly built rental units.

Key Points: 
  • 7% growth in rental business – Full occupancy - Almost no rent losses – Completion of 1,800 newly built rental units.
  • Our successful sales and joint venture agreements demonstrate the attractiveness of our portfolio and support our debt reduction,” says Rolf Buch, CEO of Vonovia SE.
  • Sales in all sales categories – New construction projects sold to CBRE for €357 million – Second venture partner agreed.
  • Overall, Vonovia has already generated around €3.7 billion sales revenue for debt reduction through sales and joint venture capital, including €1.7 billion since August.

EQS-News: SGL Carbon's business performance after nine months confirms the announced stabilization and investment year

Retrieved on: 
Tuesday, November 7, 2023
SGL Carbon, EBITDA, Wind, CS, EBIT, LED, Growth, Income tax, GS, PT, I3, Depreciation, Meyn Food Processing Technology, Investment, CF, Advanced Composites Solutions, Silicon, Carbon fibers, Security (finance), Cryptocurrency, Bookkeeping

Accordingly, the adjusted EBITDA of the Group also decreased only slightly by 4.5% to €130.0 million (9M 2022: €136.1 million).

Key Points: 
  • Accordingly, the adjusted EBITDA of the Group also decreased only slightly by 4.5% to €130.0 million (9M 2022: €136.1 million).
  • Overall, sales in the Semiconductor and LED market segment rose by 38.5% to €189.0 million in the first nine months of 2023.
  • Taking into account depreciation and amortisation of €43.3 million, adjusted EBIT (EBITpre) after nine months amounted to €86.7 million (9M 2022:€92.2 million).
  • Further details on business development and outlook can be found in the Group interim statement on the first nine months of 2023.

Olympic Steel Reports Third-Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Machine Tools, Metalworking & Metallurgy, Manufacturing, Steel, ZEUS, EBITDA, Olympic Steel, GAAP, Acquisition, Van Leeuwen Pipe and Tube Group, Watford Central tube station, Automation, CARES Act, Video game, Bank

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
  • EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022.
  • Third-quarter 2023 results include $2.0 million of LIFO pretax income and $4.0 million of pretax income from the Employee Retention Credit (under the CARES Act), compared with $1.5 million of LIFO pretax expense in the same period a year ago.
  • “Olympic Steel’s performance in a challenging third-quarter market demonstrates the benefits of our actions to deliver more consistent results in all environments,” said Richard T. Marabito, Chief Executive Officer.

Innovative Hybrid Direct Air Capture Technology Pilot Launches as Carbon Management Solutions Scale Up Across the U.S.

Retrieved on: 
Monday, November 6, 2023
PNNL, Southern California Gas Company, Water, U.S. Department of Energy, Office of Inspector General, DAC, Atmosphere, California Air Resources Board, Electricity, Climate change, Direct air capture, Nongovernmental International Panel on Climate Change, LOS, HDAC, CO2, Pacific Northwest National Laboratory, Economic development, DOE, U.S. Department of Defense Strategy for Operating in Cyberspace, Natural gas, Renewable energy

LOS ANGELES, Nov. 6, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that after nearly two years of development, an innovative carbon removal technology called Hybrid Direct Air Capture (HDAC) is being brought online in Bakersfield, CA. This technology is being developed by Los Angeles based startup Avnos, Inc., with a pilot project to demonstrate how the technology removes carbon dioxide from the air and generates water using only electricity. SoCalGas is also partnering with Avnos, Inc. on a larger pilot project designed to demonstrate how this technology could be scaled up 1,000% from its current iteration.

Key Points: 
  • LOS ANGELES, Nov. 6, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that after nearly two years of development, an innovative carbon removal technology called Hybrid Direct Air Capture (HDAC) is being brought online in Bakersfield, CA.
  • This technology is being developed by Los Angeles based startup Avnos, Inc., with a pilot project to demonstrate how the technology removes carbon dioxide from the air and generates water using only electricity.
  • "Carbon management, if developed at scale, could help reduce carbon emissions, improve air quality, and represents a tremendous opportunity for economic development and the creation of high-quality jobs."
  • The technology was conceived at Pacific Northwest National Laboratory (PNNL) and is a hybrid form of Direct Air Capture (DAC) technology designed to simultaneously capture CO2 and water from the air.

Spiral Wound Modules Gain Traction: Key Contributor to the Global Gas Separation Membrane Market's Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, October 30, 2023
Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Other Manufacturing, Machinery, Hydrogen, Carbon dioxide, Membrane, Region, Polyimide, Private law, UOP, Nitrogen generator, Nitrogen, Atomic mass, Food packaging, Oxygen, Electronics, USD, High Temperature Proton Exchange Membrane fuel cell, Natural gas, Solubility, Coal, Lithium, Sewage treatment, Renewable energy, Palladium, Polysulfone

The global gas separation membrane market size is projected to reach USD 1.4 billion by 2028 from USD 1.0 billion in 2023, at a CAGR of 7.1% during the forecast period.

Key Points: 
  • The global gas separation membrane market size is projected to reach USD 1.4 billion by 2028 from USD 1.0 billion in 2023, at a CAGR of 7.1% during the forecast period.
  • The demand for gas separation membranes is increasing due to the need for clean energy.
  • Spiral wound is the second largest in terms of value amongst other modules in the gas separation membranes market, in 2022
    Spiral wound gas separation membranes consist of a sandwich-like structure where a selective membrane material is wrapped around a permeate tube, and this assembly is then spirally wound around a central core.
  • The feed gas mixture flows into the space between the membrane layers, and gases selectively permeate through the membrane while others are blocked.

Birla Carbon Enhances Sales & Operations Planning Efficiency With Blue Yonder's Supply Chain Solution

Retrieved on: 
Monday, October 30, 2023
Software, Internet, Data Management, Chemicals, Plastics, Technology, Supply Chain Management, Manufacturing, Retail, KPI, OP, Plant, Blue Yonder, Ernst & Young, Safety, Forecasting, Renewable energy

The Blue Yonder solution was deployed at Birla Carbon through 2023, revolutionizing key S&OP processes, including demand and supply planning in a dynamic world.

Key Points: 
  • The Blue Yonder solution was deployed at Birla Carbon through 2023, revolutionizing key S&OP processes, including demand and supply planning in a dynamic world.
  • Birla Carbon engaged Ernst & Young, India (EY) as a transformation partner for Blue Yonder’s solution implementation.
  • Blue Yonder, a world leader in digital supply chain transformations and omni-channel commerce fulfillment, provides Birla Carbon with a robust platform that integrates demand forecasting seamlessly into operations planning.
  • John Loudermilk, President and Chief Executive Officer, Birla Carbon says, "The successful implementation of Blue Yonder's S&OP solution marks a significant milestone for Birla Carbon.

1PointFive and TD Announce One of the Finance Industry's Largest Purchases of Direct Air Capture Carbon Removal Credits

Retrieved on: 
Wednesday, November 1, 2023
Insurance, Sustainability, TD Securities, SVP, DAC, Organization, Toronto-Dominion Bank, Direct air capture, TD, CO2, Carbon Engineering, ESG Solutions, Investment, CDR, Corporate social responsibility, Payment card, Renewable energy

HOUSTON and TORONTO, Nov. 1, 2023 /PRNewswire/ - 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive's first Direct Air Capture (DAC) plant currently under construction in Texas.

Key Points: 
  • HOUSTON and TORONTO, Nov. 1, 2023 /PRNewswire/ - 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive's first Direct Air Capture (DAC) plant currently under construction in Texas.
  • This represents one of the largest purchases of DAC CDR credits by a financial institution and demonstrates TD's continuing strategic focus on energy transition.
  • 1PointFive is progressing the development of Carbon Engineering's Direct Air Capture technology, alongside other decarbonization solutions, at an industrial scale to help organizations achieve their net-zero goals.
  • "Carbon removal credits from Direct Air Capture will be measurable, transparent and durable, with the goal of providing a solution for organizations to address their emissions."

Carbon Introduces a New High-Performance Rigid Material in EPX 150

Retrieved on: 
Tuesday, October 31, 2023
SVP, Investment, Water, Temperature, Economics, EPX, Printed circuit board, 3D printing

REDWOOD CITY, Calif., Oct. 31, 2023 /PRNewswire/ -- Carbon, a leading product development and manufacturing technology company, today announced the release of EPX 150 — a new, high-performance rigid material that will be uniquely available on Carbon's idea-to-production platform. It enables new capabilities in applications requiring high temperature and chemical resistance such as electrical connectors, spray nozzles and autoclavable medical devices. EPX 150 is now available in Europe and North America.

Key Points: 
  • EPX 150 becomes Carbon's fastest-printing, chemically resistant high-temperature resin, purpose-built to print complex parts and features
    REDWOOD CITY, Calif., Oct. 31, 2023 /PRNewswire/ -- Carbon , a leading product development and manufacturing technology company, today announced the release of EPX 150 — a new, high-performance rigid material that will be uniquely available on Carbon's idea-to-production platform.
  • EPX 150 offers better temperature and chemical resistance than EPX 82, and better toughness and overall usability than CE 221.
  • Benefits of EPX 150 include:
    Thermal Performance: Heat deflection temperature (0.455MPa) of 155°C and the capability of extended use at 125°C.
  • For more information on EPX 150 and Carbon's other market-leading materials and idea-to-production platform, please visit Carbon3d.com.

Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts

Retrieved on: 
Thursday, October 26, 2023
Social media, Sport, RecordTV, Pro Tools, HDX, Life, News, Organization, Audio, AVID, DSP, Senior, Android, Avid Technology, Music, Acceleration, Video game, Record

Headquartered in Sao Paulo, Record TV also upgraded eight production studios with Pro Tools | Carbon ® to ensure they capture performances with the highest sound quality.

Key Points: 
  • Headquartered in Sao Paulo, Record TV also upgraded eight production studios with Pro Tools | Carbon ® to ensure they capture performances with the highest sound quality.
  • Upgrading these studios with Pro Tools | Carbon, HDX and MTRX Studio will provide Record TV the most flexible, integrated audio systems to address all of its audio post workflows across its facilities.
  • Record TV post-production teams use the Carbon audio interface to record every detail of programming sound with the utmost clarity and precision.
  • The combination of Avid’s audio hardware solutions and services allows Record TV to deliver an unmatched entertainment experience for viewers in Brazil and throughout Latin America.”
    Learn more about Avid’s audio hardware solutions this week at AES New York 2023 booth 503 (Oct. 25-27), or visit Avid Audio Hardware solutions .

Gas Separation Membrane Market Set to Reach $1.4 Billion by 2028, Fueled by Demand for Clean Energy Solutions

Retrieved on: 
Tuesday, October 24, 2023
Hydrogen, Carbon dioxide, Membrane, Region, Polyimide, Private law, UOP, Nitrogen generator, Nitrogen, Atomic mass, Food packaging, Oxygen, Electronics, USD, Gas, High Temperature Proton Exchange Membrane fuel cell, Natural gas, Solubility, Coal, Industrial gas, Lithium, Sewage treatment, Renewable energy, Palladium, Polysulfone

The global gas separation membrane market size is projected to reach USD 1.4 billion by 2028 from USD 1.0 billion in 2023, at a CAGR of 7.1% during the forecast period.

Key Points: 
  • The global gas separation membrane market size is projected to reach USD 1.4 billion by 2028 from USD 1.0 billion in 2023, at a CAGR of 7.1% during the forecast period.
  • The demand for gas separation membranes is increasing due to the need for clean energy.
  • The feed gas mixture flows into the space between the membrane layers, and gases selectively permeate through the membrane while others are blocked.
  • Gas separation membranes play a crucial role in South America's energy landscape by enabling the efficient separation of gases, particularly in the region's burgeoning natural gas and petrochemical industries.