Coal

Babcock & Wilcox Thermal to Supply Superheater Components to U.S. Power Customer

Thursday, September 17, 2020 - 11:30pm

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment will design, manufacture and supply new superheater components for a B&W Universal Pressure supercritical (highly efficient) boiler at Luminants Oak Grove Power Plant near Franklin, Texas.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment will design, manufacture and supply new superheater components for a B&W Universal Pressure supercritical (highly efficient) boiler at Luminants Oak Grove Power Plant near Franklin, Texas.
  • Engineering is underway for the contract, which was awarded to B&Ws subsidiary, The Babcock & Wilcox Company.
  • B&W Thermal serves an essential role in maintaining the global power plant fleet, said B&W Chief Operating Officer Jimmy Morgan.
  • Babcock & Wilcox Thermal designs, manufactures and erects steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil & gas, and industrial sectors.

Hall of Fame Resort & Entertainment Company to Break Ground on the Constellation Center for Excellence on September 17, 2020

Thursday, September 17, 2020 - 1:00pm

To commemorate the event, the Company will host a virtual ceremony, which can be viewed by using the link below.

Key Points: 
  • To commemorate the event, the Company will host a virtual ceremony, which can be viewed by using the link below.
  • The Constellation Center for Excellence will be a 75,000-square-foot, mixed-use facility that will include a variety of sports-centric research and programming, office space and retail pads.
  • Constellation, an Exelon company and a leading competitive energy supplier, plans to utilize the Center to host regional energy conferences and other customer-focused events.
  • The Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame.

Murray Energy Successfully Consummates Going-Concern Sale Transaction

Thursday, September 17, 2020 - 1:08am

Murray Energy Holdings Co. and its subsidiaries (collectively, Murray) announced today that its chapter 11 plan (the Plan) became effective as of September 16, 2020, and that it has successfully completed a sale of substantially all its assets to a privately held company owned by a group of its former creditors.

Key Points: 
  • Murray Energy Holdings Co. and its subsidiaries (collectively, Murray) announced today that its chapter 11 plan (the Plan) became effective as of September 16, 2020, and that it has successfully completed a sale of substantially all its assets to a privately held company owned by a group of its former creditors.
  • The United States Bankruptcy Court for the Southern District of Ohio (Western Division) (the Court) approved the Plan on August 31, 2020.
  • Through the restructuring process, Murray effectuated the sale of substantially all of their assets to American Consolidated Natural Resources, Inc. (ACNR), a new entity formed at the direction of an ad hoc group of Murrays superpriority term loan lenders.
  • In addition, ACNR will manage and operate the Foresight Energy mines and the Murray Metallurgical mines through two separate management services agreements.

GARP Announces 2021 Transition to Computer-Based Testing for FRM Exam

Wednesday, September 16, 2020 - 6:40pm

GARP will offer an early and standard registration window for each exam date.

Key Points: 
  • GARP will offer an early and standard registration window for each exam date.
  • While some organizations are changing the foundation of their tests, this transition to CBT will not affect the FRM programs high standards.
  • GARP commits to unequivocally maintaining the rigor of the FRM Certification program, said William May, global head of certifications and educational programs at GARP.
  • Through the GARP Benchmarking Initiative and GARP Risk Institute, GARP sponsors research in risk management and promotes collaboration among practitioners, academics and regulators.

Global Coal Tar Market- Featuring ArcelorMittal, British Steel Ltd., Nippon Steel Corp., and PJSC AVDIIVKA COKE Among Others | Technavio

Wednesday, September 16, 2020 - 5:00pm

The coal tar market is poised to grow by USD 1.17 billion during 2020-2024 progressing at a CAGR of almost 2% during the forecast period.

Key Points: 
  • The coal tar market is poised to grow by USD 1.17 billion during 2020-2024 progressing at a CAGR of almost 2% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20200916005614/en/
    Technavio has announced its latest market research report titled Global Coal Tar Market 2020-2024 (Graphic: Business Wire)
    The report on the coal tar market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
  • Download Free Sample Report on COVID-19 Recovery Analysis
    The coal tar market analysis include application segment and geographic landscapes.

Columbus McKinnon to Webcast Fireside Chat at D.A. Davidson Diversified Industrials & Services Conference

Tuesday, September 15, 2020 - 1:30pm

Davidson Diversified Industrials & Services Conference on Tuesday, September 22, 2020 at 11:00 a.m. Eastern Time.

Key Points: 
  • Davidson Diversified Industrials & Services Conference on Tuesday, September 22, 2020 at 11:00 a.m. Eastern Time.
  • A live audio webcast of the event with accompanying slides will be available at www.columbusmckinnon.com .
  • Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of motion control products, technologies and automated systems and services that efficiently and ergonomically move, lift, position and secure materials.
  • Key products include hoists, crane components, actuators, rigging tools, light rail work stations, and digital power and motion control systems.

AECOM secures backbone infrastructure design role for Saudi Arabia’s visionary NEOM region

Tuesday, September 15, 2020 - 11:55am

AECOM (NYSE:ACM), the worlds premier infrastructure consulting firm, has been appointed to design transport and utilities backbone infrastructure for NEOM, a new model for urbanization and sustainability located in the northwest region of Saudi Arabia.

Key Points: 
  • AECOM (NYSE:ACM), the worlds premier infrastructure consulting firm, has been appointed to design transport and utilities backbone infrastructure for NEOM, a new model for urbanization and sustainability located in the northwest region of Saudi Arabia.
  • As the centerpiece of Saudi Vision 2030, NEOM will become one of the worlds leading destinations to attract talent and investment and drive economic change in the Kingdom.
  • We are pleased to have one of the worlds leaders in AECOM helping to create the primary and base infrastructure to support our ambitious vision.
  • AECOM (NYSE:ACM) is the worlds premier infrastructure consulting firm, delivering professional services throughout the project lifecycle from planning, design and engineering to program and construction management.

Global Power Rental Accessories Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABM Investama Tbk and Aggreko Plc | Technavio

Tuesday, September 15, 2020 - 4:00am

The global power rental accessories market size is expected to grow by USD 10.60 million as per Technavio.

Key Points: 
  • The global power rental accessories market size is expected to grow by USD 10.60 million as per Technavio.
  • In addition, the presence of mandates on load bank testing is anticipated to boost the growth of the Power Rental Accessories Market.
  • Therefore, the development of infrastructure in several countries will drive the growth of the global power rental accessories market during the forecast period.
  • Major Five Power Rental Accessories Companies:
    ABM Investama Tbk has business operations under three segments: mining contractor and coal mining, services, and fabrication.

Flowserve Corporation Announces Commencement of Tender Offer for Its 1.250% Senior Notes Due 2022

Monday, September 14, 2020 - 2:30pm

The Offer of Notes for repurchase by the Offeror pursuant to the Offer may only be made by the submission of a valid Tender Instruction.

Key Points: 
  • The Offer of Notes for repurchase by the Offeror pursuant to the Offer may only be made by the submission of a valid Tender Instruction.
  • The Offeror is not under any obligation to accept for purchase any Notes tendered pursuant to the Offer.
  • Noteholders are advised to read carefully the Tender Offer Memorandum for full details of and information on the procedures for participating in the Offer.
  • This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer.

Flowserve to Present at Morgan Stanley Virtual 8th Annual Laguna Conference

Friday, September 11, 2020 - 9:00pm

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a virtual fireside chat during the Morgan Stanley Virtual 8th Annual Laguna Conference on Thursday, September 17 at 9:00 a.m. EDT.

Key Points: 
  • Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a virtual fireside chat during the Morgan Stanley Virtual 8th Annual Laguna Conference on Thursday, September 17 at 9:00 a.m. EDT.
  • A webcast of Mr. Rowes discussion will be available for shareholders and other interested parties at www.flowserve.com under the Investor Relations section.
  • The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions.
  • Management also uses these non-GAAP financial measures in making financial, operating, planning and compensation decisions and in evaluating the Company's performance.