Coal

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

Retrieved on: 
Monday, March 25, 2024
Professional Services, Utilities, Oil, Gas, Coal, Insurance, Energy, Growth, Chairperson, AGM, Senior, Bank statement, Retirement, Marketing, Limited

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
Other Energy, Other Manufacturing, Other Transport, Utilities, Trucking, Oil, Gas, Steel, Coal, Maritime, Alternative Energy, Engineering, Energy, Chemicals, Plastics, Transport, Automotive Manufacturing, Aerospace, Manufacturing, ESAB, Debt-to-GDP ratio, Person, Regulation, Sale, Security (finance)

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.

ESAB Corporation Announces Offering of Senior Notes

Retrieved on: 
Monday, March 25, 2024
Engineering, Chemicals, Plastics, Automotive Manufacturing, Other Retail, Aerospace, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Energy, Retail, Coal, Alternative Energy, Energy, Machinery, Machine Tools, Metalworking & Metallurgy, Trucking, Maritime, Air, Transport, Other Manufacturing, Steel, ESAB, Person, Regulation, Sale

ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it intends to offer senior notes in an aggregate principal amount of $600 million maturing in 2029 (the “Notes”), subject to market conditions.

Key Points: 
  • ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it intends to offer senior notes in an aggregate principal amount of $600 million maturing in 2029 (the “Notes”), subject to market conditions.
  • 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.
  • This press release contains information about the pending offering of the Notes, and there can be no assurance that the offering will be completed.

Ascend Analytics Announces Strategic Growth Investment

Retrieved on: 
Thursday, March 21, 2024
Technology, Professional Services, Data Analytics, Other Energy, Utilities, Oil, Gas, Climate Change, Coal, Alternative Energy, Energy, Nuclear, Software, Sustainability, Environment, Finance, Consulting, Fintech, Electricity, Friends, Galvanization, Innovation, Veteran, Intelligence, Partnership, Climate, Rubicon, Silversmith Capital Partners, Renewable energy

Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, has secured a strategic growth investment led by Rubicon Technology Partners ("Rubicon"), a private equity firm which is focused exclusively on investing in and growing software companies.

Key Points: 
  • Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, has secured a strategic growth investment led by Rubicon Technology Partners ("Rubicon"), a private equity firm which is focused exclusively on investing in and growing software companies.
  • Rubicon is joined by climate investment firm Galvanize Climate Solutions , which invests in companies and solutions advancing the energy transition, and Silversmith Capital Partners , a technology focused growth equity firm.
  • The investment will accelerate Ascend's product innovation and the expansion of its suite of analytics solutions, enhancing the company's ability to serve energy market stakeholders navigating an increasingly complex power grid.
  • “The energy market turns to Ascend for its most complex problems, given its highly differentiated suite of software and services.

Slack Wax Market Report 2024: Global Trends, Forecast and Competitive Analysis to 2030 Featuring Panama Petrochem, Persol, American Refining Group, BP, and ExxonMobil - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024
Chemicals, Plastics, Other Energy, Oil, Gas, Manufacturing, Coal, Energy, Growth, Porter's five forces analysis, Investment, M&A, Beauty salon

The "Slack Wax Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Slack Wax Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global slack wax market is expected to reach an estimated $4.1 billion by 2030 with a CAGR of 1.6% from 2024 to 2030.
  • The future of the global slack wax market looks promising with opportunities in the emulsion, candle, polish, and rust protection markets.
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Fast-Weigh Bulk Material Accounting Software Announces New Silo Loadout Module

Retrieved on: 
Wednesday, March 20, 2024
Urban Planning, Technology, Mining, Minerals, Other Construction & Property, Residential Building & Real Estate, Natural Resources, Commercial Building & Real Estate, Other Transport, Construction & Property, Trucking, Coal, Energy, Transport, Logistics, Supply Chain Management, Software, Networks, Data Management, Suite, Loadout

TAC Insight, a leading provider of cloud solutions for aggregates, asphalt, waste, and logistics, announces seamless integration with silo loadout systems.

Key Points: 
  • TAC Insight, a leading provider of cloud solutions for aggregates, asphalt, waste, and logistics, announces seamless integration with silo loadout systems.
  • TAC Insight’s Fast-Weigh software has released direct integration between its Scale Ticketing application and overhead silo loadout systems.
  • Fast-Weigh users can now initiate asphalt, aggregate, and bulk material silo drops from within their existing scale software client, condensing the complexity of operating disparate systems into one simple interface.
  • Founded in 1988, Fast-Weigh has established itself as the leading cloud-based bulk material ticketing, sales, and logistics software.

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Retrieved on: 
Wednesday, March 20, 2024
Other Energy, Utilities, Manufacturing, Oil, Gas, Coal, Nuclear, Environmental Health, Alternative Energy, Energy, Machinery, Environment, Sustainability, Other Manufacturing, Green Technology, Senior, Babcock & Wilcox, Hydrogen

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.
  • “B&W plays a pivotal role in bolstering the reliability and security of energy infrastructure globally, as we deploy our cutting-edge technologies, equipment and services,” said Chris Riker, Senior Vice President, B&W Thermal.
  • We look forward to delivering reliable, durable and efficient industrial boilers to meet our customers’ needs.”
    B&W’s industrial boilers feature robust designs and fuel flexibility – with the capability to use oil, gas, hydrogen and a variety of other fuels – and are suitable for a wide array of industrial applications.
  • B&W’s growing Middle East, Africa and Central Asia presence includes offices in Saudi Arabia, Egypt, South Africa and a regional headquarters in Dubai, United Arab Emirates.

Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology

Retrieved on: 
Wednesday, March 20, 2024
Mining, Minerals, Forest Products, Automotive, Natural Resources, Textiles, Steel, Utilities, Packaging, Oil, Gas, Batteries, Engineering, Coal, Chemicals, Plastics, Alternative Energy, Automotive Manufacturing, Energy, Aerospace, Manufacturing, Logistics, Supply Chain Management, Other Defense, Nuclear, Trucking, Rail, Defense, Transport, Other Construction & Property, General Automotive, Commercial Building & Real Estate, Construction & Property, Electronic Design Automation, Technology, Building Systems, Machine Tools, Metalworking & Metallurgy, Lifting, Peter Hancock (professor), Intelligence, Summer, Sale, Marketing, Safety, Battery, Orientation, Fatigue, Warehouse

Combining Columbus McKinnon’s industry-leading hoist design with Milwaukee Tool’s expertise in lithium-ion battery and brushless motor technology, the innovative BatteryStar™ hoist provides the lifting strength and speed of an electric chain hoist and the portability of a manual hoist without the need for time-consuming manual operation or access to a power source.

Key Points: 
  • Combining Columbus McKinnon’s industry-leading hoist design with Milwaukee Tool’s expertise in lithium-ion battery and brushless motor technology, the innovative BatteryStar™ hoist provides the lifting strength and speed of an electric chain hoist and the portability of a manual hoist without the need for time-consuming manual operation or access to a power source.
  • Designed to reduce downtime, the BatteryStar allows an operator to replace the battery quickly and easily for minimal operation interruption.
  • with the standard 20 feet of chain, this hoist can be transported and installed anywhere it is needed.
  • The hoist will be available for sale from Columbus McKinnon beginning in the Summer of 2024.

Fast-Weigh Releases Remote Control Driver Kiosk for Bulk Material Ticketing

Retrieved on: 
Tuesday, March 19, 2024
Software, Networks, Coal, Mining, Minerals, Data Management, Energy, Technology, Other Construction & Property, Natural Resources, Construction & Property, Other Transport, Transport, Other Technology, Suite, Heat, Recycling

Along with a new kiosk design with optional build specifications for cooling, heating, cellular, and a built-in printer, TAC Insight introduces new remote-managed kiosk features built directly into the Fast-Weigh software.

Key Points: 
  • Along with a new kiosk design with optional build specifications for cooling, heating, cellular, and a built-in printer, TAC Insight introduces new remote-managed kiosk features built directly into the Fast-Weigh software.
  • Fast-Weigh’s unique Kiosk Monitor feature allows remote offices or scale houses to monitor and take control of any Fast-Weigh driver kiosk without requiring additional remote-control software.
  • In addition, operators can communicate with drivers and take control of the kiosk at any time.
  • Founded in 1988, Fast-Weigh has established itself as the leading cloud-based bulk material ticketing, sales, and logistics software.

Bidgely Named a Top 10 Applied AI Company on Fast Company’s 2024 List of the World's Most Innovative Companies

Retrieved on: 
Tuesday, March 19, 2024
Automotive, Data Management, Technology, Mobile, Wireless, Nuclear, Climate Change, Environment, Publishing, Other Energy, Utilities, Oil, Gas, Communications, Coal, Alternative Energy, Energy, Other Technology, Artificial Intelligence, Software, EV, Electric Vehicles, Internet, Editorial, Culture, Organization, MIC, AESP, AI, Hope, Carbon, ITunes, CO2, Most, Weak artificial intelligence, Multimedia, Electric power

Bidgely has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, ranking 7th in the Applied AI category .

Key Points: 
  • Bidgely has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, ranking 7th in the Applied AI category .
  • View the full release here: https://www.businesswire.com/news/home/20240319221828/en/
    Fast Company recognizes Bidgely as one of the world's Most Innovative Companies of 2024 for helping utility companies enhance grid management through AI.
  • The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year.
  • Fast Company’s Most Innovative Companies package is available online , as well as in-app form via iTunes, and on newsstands beginning March 26.