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Heidelberger and Solenis develop barrier coating process for paper packaging
Yahoo Finance· 2025-09-15 09:27
Core Viewpoint - Heidelberger Druckmaschinen and Solenis have developed a new process for barrier coatings on flexible paper packaging, aimed at replacing plastic packaging with recyclable or compostable alternatives [1][3]. Company Developments - The new inline process allows for precise application of barrier coatings during production, making the technology more accessible to packaging producers [2]. - Heidelberger's integration of Solenis' technology into its Bordmaster flexographic web printing process enhances its capabilities in producing coated paper packaging [1][2]. Market Trends - The flexible paper packaging market is projected to grow at an annual rate of 4.5% until the end of the decade, driven by increasing demand for environmentally friendly packaging alternatives [4]. - The shift towards flexible paper packaging is characterized as a profound change influenced by legal requirements, environmental awareness, and evolving consumer behavior [5]. Industry Challenges - Achieving the necessary barrier properties for paper packaging while adhering to circular economy principles has been a longstanding challenge in the industry [4].
Creative Global Technology Holdings Limited Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-09-12 14:00
Core Viewpoint - Creative Global Technology Holdings Limited is currently not in compliance with Nasdaq's minimum bid price requirement due to its Class A ordinary shares trading below $1.00 for 30 consecutive business days [1][2] Group 1: Compliance Notification - The company received a Notification Letter from Nasdaq on September 10, 2025, regarding non-compliance with the minimum bid price requirement [1] - The closing bid price of the company's Ordinary Shares was below $1.00 from July 28, 2025, to September 9, 2025 [1] Group 2: Compliance Period - The company has a compliance period of 180 calendar days, until March 9, 2026, to regain compliance with Nasdaq's minimum bid price requirement [3] - If the closing bid price reaches at least $1.00 for a minimum of 10 consecutive business days during this period, Nasdaq will confirm compliance [3] Group 3: Potential Actions - If compliance is not regained by March 9, 2026, the company may be eligible for an additional grace period, provided it meets other listing requirements [4] - The company may need to consider actions such as a reverse stock split to cure the deficiency [4] Group 4: Company Overview - Creative Global Technology Holdings Limited operates through CGTHK, focusing on sourcing and reselling recycled consumer electronic devices, embodying the circular economy concept [5]
Northstar Enables Global Market Access for Reprocessed Liquid Asphalt Through Successful Pelletization of End-of-life, Tear-off Shingles
Prnewswire· 2025-09-10 11:00
Core Insights - Northstar Clean Technologies Inc. has successfully produced its first liquid asphalt from end-of-life tear-off shingles at its Empower Calgary Facility, marking a significant milestone in its operations [1][5] - The facility has also converted the recovered liquid asphalt into solid pellets, enhancing market access through optimized logistics [1][5] Production Milestones - The production of liquid asphalt from manufacturing waste shingles was previously achieved on July 10, 2025, indicating the company's capability to process different types of feedstock [3][4] - Northstar's proprietary technology has been validated for recovering high-quality liquid asphalt from both manufacturing waste and tear-off shingles [4][5] Market Potential - Tear-off shingles constitute the largest portion of the shingle waste stream, and the successful production of liquid asphalt from this material is crucial for establishing Northstar's product as a global commodity [5] - Independent third-party lab results have confirmed high-quality specifications for the asphalt produced, reinforcing the company's value proposition for customers and shareholders [5] Company Overview - Northstar is focused on sustainable recovery and reprocessing of asphalt shingles, aiming to divert waste from landfills and contribute to the circular economy [6] - The company plans to reprocess used or defective asphalt shingle waste into three primary components for reuse or resale, with its first commercial-scale facility located in Calgary, Alberta [6]
Liquidity Services Announces Participation in 16th Annual IDEAS Conference
Globenewswire· 2025-08-26 19:26
Company Overview - Liquidity Services (NASDAQ:LQDT) is a leading global commerce company that operates the world's largest B2B e-commerce marketplace platform for surplus assets, with over $15 billion in completed transactions [2] - The company has more than five million qualified buyers and 15,000 corporate and government sellers worldwide [2] - Liquidity Services supports sustainability efforts by helping clients extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce landfill contributions [2] Event Participation - Bill Angrick, Co-Founder, Chairman, and CEO of Liquidity Services, will present at the Midwest IDEAS conference on August 27, 2025, in Chicago, IL [1] - The conference will feature leaders and innovators engaging in one-on-one meetings to discuss emerging trends influencing the future [1]
Recon Hits Milestone: Chemical Recycling Plant Construction Finished as Project Nears Production Launch
Prnewswire· 2025-08-25 12:30
Core Insights - Recon Technology Ltd. has successfully topped out the main manufacturing plant for its 40,000-ton-per-year waste plastic chemical recycling project, marking a significant milestone in the project's construction [1] - The project is expected to be fully completed by November 2025, with trial operations commencing in December 2025 [1] - The project will produce 30,000 tons of plastic pyrolysis oil and 6,000 tons of carbon residue annually, generating an estimated $30 million in annual returns [2] Project Details - The Recon Plastic Chemical Recycling Project covers approximately 50 acres and includes six pyrolysis units, two distillation units, and environmental protection facilities [2] - The project utilizes a dual-process approach combining catalytic pyrolysis and catalytic reforming, addressing technical challenges in traditional processes [4] - The primary raw material for the project is membrane film-type waste plastic, which is difficult to process using physical recycling methods [4] Strategic Partnerships - Recon is engaged in discussions with multinational chemical giants and leading domestic chemical companies, having signed product purchase intent and strategic cooperation agreements [3] Management Vision - The CEO of Recon emphasized the importance of the project in advancing the industrialization of the plastic chemical recycling industry and aims to transform the Shandong plant into a globally leading benchmark facility [5] - The company is focused on ensuring smooth commissioning and stable production of products that meet stringent standards during 2025 [5] Technological Advancements - The project implements full-process digital management to build a low-carbon smart factory, improving operational efficiency and environmental performance [6] - The project aims to effectively utilize various low-value waste plastics, contributing to solutions for "white pollution" and promoting a circular economy [6]
The RealReal Strengthens Capital Structure and Reduces Total Debt Through Add-on Debt Exchange Transactions
Globenewswire· 2025-08-21 13:00
Core Insights - The RealReal has entered into strategic debt exchange transactions, converting a portion of its 1.00% Convertible Senior Notes due 2028 into 4.00% Convertible Senior Notes due 2031, reducing total indebtedness by over $6 million and extending maturities to 2031 [1][3] - Following the exchange, approximately $49.5 million of the 2028 Notes will remain outstanding, with the total amount of 4.00% Convertible Senior Notes due 2031 now at $190,079,000 [2] - The company has successfully reduced its total indebtedness by over $86 million since the beginning of 2024, enhancing its balance sheet and flexibility to manage remaining convertible debt [3] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting over 40 million members and a rigorous authentication process [4] - The company supports the circular economy by providing a platform for buying and selling luxury items across various categories, including fashion, jewelry, and art [4] - The RealReal offers services such as free virtual appointments, in-home pickups, and direct shipping, streamlining the selling process for consignors [4]
Bion’s Organic Nitrogen Fertilizer Demonstrates Strong Performance in Growth Trials
Globenewswire· 2025-08-19 12:30
Core Viewpoint - Bion Environmental Technologies, Inc. has announced promising results from growth trials of its innovative organic nitrogen fertilizer, Liquid AB, which is derived from organic waste and has shown potential to enhance crop yields and profitability for organic growers [1][8]. Company Overview - Bion Environmental Technologies specializes in producing advanced organic nitrogen fertilizers from organic and manure waste, utilizing a patented process that captures ammonia and CO₂ released during biogas generation [1][8]. - The company's product, Liquid AB, is ammonium carbonate/bicarbonate, recognized by the Organic Materials Review Institute (OMRI) as suitable for organic farming [2]. Growth Trials - Initial trials of Liquid AB have been conducted in three categories: cannabis, tomatoes, and milo (sorghum) [3][4][5]. - **Cannabis**: Trials at Southern Illinois University indicated that plants treated with ammonium bicarbonate exhibited superior growth, including increased height and chlorophyll content [3]. - **Tomatoes**: Outdoor trials showed that tomato plants fertilized with ammonium bicarbonate matched the vigor and production levels of those treated with conventional fertilizers [4]. - **Milo (Sorghum)**: A trial combining Liquid AB with an algae bio-stimulant resulted in outstanding growth performance, leading to further evaluation in Phase 2 [5]. Stakeholder Engagement - Bion has distributed Liquid AB samples to various stakeholders in the organic agriculture and consumer products sectors for testing, including a global chemical processor and a major supplier in the U.S. lawn and garden market [6]. Market Implications - The availability of readily accessible nitrogen for organic growers is expected to boost yields and productivity, leading to increased profitability for producers and lower prices for consumers [8]. - Bion's approach aligns with global trends towards circular economy models and sustainable agricultural practices, addressing environmental concerns related to ammonia emissions [8].
Martela Corporation’s Half Year Report 1 January – 30 June
Globenewswire· 2025-08-13 05:00
Core Viewpoint - Martela Corporation reported improved revenue and operating results for the first half of 2025, with a profitable operating result in the second quarter, indicating a positive trend in customer demand and operational efficiency [1][12][13]. Financial Performance - Revenue for April-June 2025 was EUR 24.6 million, a 17.0% increase from EUR 21.0 million in the same period last year [5][11]. - Revenue for January-June 2025 reached EUR 50.2 million, representing a 21.8% increase compared to EUR 41.2 million in the previous year [5][11]. - The operating result for April-June 2025 was EUR 0.1 million, recovering from a loss of EUR -1.6 million in the same quarter last year [5][12]. - The operating result for January-June 2025 was a loss of EUR -1.4 million, an improvement from EUR -3.8 million in the previous year [5][12]. - The result for the period in April-June 2025 was EUR -0.4 million, compared to EUR -2.1 million in the same period last year [5][9]. - Earnings per share for January-June 2025 were EUR -0.54, improving from EUR -1.04 in the previous year [5][9]. Market Demand and Orders - Customer demand strengthened in the first half of 2025, with total new orders increasing by approximately 8% compared to the same period last year [10]. - The order backlog at the end of the review period was approximately 20% higher than the same time last year, indicating a healthy demand outlook [10]. Operational Efficiency - The improvement in operating results was attributed to higher revenue and a decrease in administrative and fixed costs due to efficiency measures [12]. - The company expects to continue improving average profit margins for upcoming projects and products in the second half of 2025 [13][14]. Future Outlook - Martela anticipates revenue growth for the full year 2025 compared to the previous year, with a focus on improving profitability and cash flow [4][14]. - The company plans to invest in customer engagement and enhance its service channels while maintaining a focus on sustainability [15]. - The market situation is expected to improve slightly in the second half of 2025, driven by evolving work methods and accumulated needs for office space changes [17].
Tarkett - Information on the total number of voting rights and shares in Tarkett’s share capital as of July 31st, 2025
Globenewswire· 2025-08-04 13:10
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history spanning over 140 years [2] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [2] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [2] Voting Rights and Shares - As of July 31, 2025, Tarkett's total number of shares in the share capital is 65,550,281 [1] - The total number of theoretical voting rights is 123,569,728, while the number of exercisable voting rights is 123,551,169 after deducting treasury shares without voting rights [1]
PR_Tarkett - 2025 Half year Financial report available
Globenewswire· 2025-07-31 08:17
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history spanning over 140 years [3] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [3] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [3] Financial Report - The financial report for the first half of Fiscal 2025 is now available online and has been filed with the Autorité des marchés financiers (AMF) [1] - The report includes condensed consolidated financial statements, a first half activity report, a statement of responsibility, and the auditors' report on the limited review of the financial statements [2] Investor Relations - Investors can access the financial report on Tarkett's website under the "Investors" section [2] - Contact information for investor relations and media inquiries is provided, including emails and phone numbers for relevant contacts [2]