Coal

SunCoke Energy, Inc. Issues 2023 Sustainability Report

Retrieved on: 
Thursday, March 28, 2024

SunCoke Energy, Inc. (NYSE: SXC), the largest independent producer of high-quality coke in the Americas, has published its 2023 Sustainability Report.

Key Points: 
  • SunCoke Energy, Inc. (NYSE: SXC), the largest independent producer of high-quality coke in the Americas, has published its 2023 Sustainability Report.
  • As such, SunCoke forms an essential part of the supply chains that depend on steel to build sustainable energy infrastructure and solutions.
  • This year’s Sustainability Report showcases our culture of innovation and continuous improvement across our Sustainability Foundations.
  • I want to thank the SunCoke team for their effort and dedication throughout the year,” said Katherine Gates, President of SunCoke.

Global Industrial Gearbox Industry Outlook & Forecast Report 2024-2028: Emerging Wind Power Industry, Increasing Fertilizer Production, and Advances in Technology Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The "Global Industrial Gearbox Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Industrial Gearbox Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global industrial gearbox market is experiencing gradual growth due to the increasing emphasis on replacing conventional energy sources with renewable alternatives, particularly in the wind power sector.
  • The helical industrial gearbox segment dominated the global industrial gearbox market share in 2022.
  • Furthermore, the planetary industrial gearbox segment is the fastest-growing segment of the global industry during the forecast period.

Project Cypress DAC Hub Team Awarded Funding from U.S. Department of Energy

Retrieved on: 
Wednesday, March 27, 2024

Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.

Key Points: 
  • Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.
  • Project Cypress is eligible for up to $600 million in matched federal investment under this funding opportunity.
  • Leaders of Project Cypress are determining final siting and storage options in Louisiana, with selected sites including privately owned land in Calcasieu Parish.
  • The CEC will serve as an advisory body for Project Cypress, ensuring that the community has a voice in development decisions about the DAC Hub.

SLB Announces First-Quarter 2024 Results Conference Call

Retrieved on: 
Wednesday, March 27, 2024

SLB (NYSE:SLB) will hold a conference call on April 19, 2024 to discuss the results for the first quarter ending March 31, 2024.

Key Points: 
  • SLB (NYSE:SLB) will hold a conference call on April 19, 2024 to discuss the results for the first quarter ending March 31, 2024.
  • The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
  • To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.
  • A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis.

ZeoDAC Launches Innovative Carbon Capture Technology

Retrieved on: 
Tuesday, March 26, 2024

ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.

Key Points: 
  • ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.
  • ZeoDAC’s mission to Capture Carbon Dioxide from Air to Create a Better Tomorrow employs advantaged solid materials (best in class zeolites) to capture carbon in a process that enables rapid scale up for efficient, direct air carbon capture (DAC) with a diverse end-product strategy.
  • ZeoDAC, Inc. launches with an international group of investment partners that include: Wilson Hill Ventures, Caltech, Coca-Cola Europacific Partners, Freeflow Ventures and Global Brain.
  • By combining these innovations and expertise, ZeoDAC aims to provide a compelling economic advantage for large-scale, commercial carbon capture and use.

Cyber Readiness Institute and Cybersecurity Manufacturing Innovation Institute Launch Free Cyber Readiness Program for Small and Medium-Sized Manufacturers

Retrieved on: 
Wednesday, March 27, 2024

The Cyber Readiness Institute (CRI) and Cybersecurity Manufacturing Innovation Institute (CyManII) at The University of Texas at San Antonio have launched a pilot program aimed at elevating cyber readiness and security within the energy manufacturing sector.

Key Points: 
  • The Cyber Readiness Institute (CRI) and Cybersecurity Manufacturing Innovation Institute (CyManII) at The University of Texas at San Antonio have launched a pilot program aimed at elevating cyber readiness and security within the energy manufacturing sector.
  • Through this partnership, CyManII will provide up to 200 U.S. manufacturers in the energy sector with access to CRI’s free Cyber Readiness Program.
  • Focused on human behavior, the Cyber Readiness Program delivers cyber best practices and guides organizations through the development of key business continuity measures.
  • “This pilot program is an important first step in strengthening the cyber readiness of small and medium manufacturers,” noted Karen S. Evans, CRI Managing Director.

Portabull® announces new technology to improve protection for hot-environment workers

Retrieved on: 
Monday, March 25, 2024

Custom-created to provide relief from extreme heat, these 40-foot-long enclosures feature windows, fold-down benches, easy-access doors, and simple push-button controls.

Key Points: 
  • Custom-created to provide relief from extreme heat, these 40-foot-long enclosures feature windows, fold-down benches, easy-access doors, and simple push-button controls.
  • “Athletic teams and construction workers struggle along with open-air cooling tents, while heavy manufacturing employees might be forced to use subpar misters.
  • “If employees regularly work in hot conditions, keeping them cool is a huge part of keeping them healthy.
  • Portabull cooler rooms provide a straightforward and effective protective solution that not only improves life for employees, but also strengthens employers.”

NRG Announces Changes in Leadership

Retrieved on: 
Tuesday, March 26, 2024

NRG Energy Inc. (NYSE: NRG) today announced that Elizabeth Killinger has elected to retire from her role as Executive Vice President, NRG Home.

Key Points: 
  • NRG Energy Inc. (NYSE: NRG) today announced that Elizabeth Killinger has elected to retire from her role as Executive Vice President, NRG Home.
  • Rasesh Patel has been named President, NRG Consumer, and will oversee the two separate business segments of Smart Home and Home Energy, effective immediately.
  • “I want to thank Elizabeth for her leadership, service, and dedication to NRG for over 20 years.
  • On behalf of the Board and the entire NRG team, we want to acknowledge her strong commitment to meeting the needs of our customers and employees, while positioning NRG for growth well into the future,” said Larry Coben, NRG Chair, Interim President and CEO.

Everen Declares $350 Million Dividend and Announces Retirement of Chief Executive Officer in 2025

Retrieved on: 
Monday, March 25, 2024

Everen Limited (Everen) convened its March 2024 Board Meeting on Tuesday, March 19th followed by its Annual General Meeting (AGM) on Thursday, March 21st.

Key Points: 
  • Everen Limited (Everen) convened its March 2024 Board Meeting on Tuesday, March 19th followed by its Annual General Meeting (AGM) on Thursday, March 21st.
  • During the Board Meeting, the directors approved Everen’s 2023 financial statements and discussed the ongoing execution of the 5-year Strategic Plan.
  • Additionally, the Board declared a dividend of $350 million, affirming Everen’s commitment to delivering value to its shareholders.
  • This dividend is payable on or before September 30, 2024 to shareholders of record on March 19, 2024.

ESAB Corporation Announces Upsizing and Pricing of its 6.25% Senior Notes due 2029

Retrieved on: 
Monday, March 25, 2024

ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today the pricing of its previously announced offering of $700 million aggregate principal amount of 6.25% Senior Notes due 2029 (the “Notes”).

Key Points: 
  • ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today the pricing of its previously announced offering of $700 million aggregate principal amount of 6.25% Senior Notes due 2029 (the “Notes”).
  • The aggregate principal amount of Notes to be issued in the offering was increased to $700 million from the previously announced amount of $600 million.
  • ESAB intends to use the net proceeds from the sale of the Notes to repay the outstanding borrowings under its senior term loan A-3 facility, with the remainder to be used for general corporate purposes.
  • The Notes will be guaranteed (the “Guarantees”) by certain of ESAB’s domestic subsidiaries.