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Northstar Calgary Facility Produces First Liquid Asphalt - Releases Construction & Commissioning Video #6
Prnewswire· 2025-07-10 11:00
Core Insights - Northstar Clean Technologies Inc. has successfully produced its first liquid asphalt at its Empower Calgary Facility, marking a significant milestone in the commissioning of the facility [1][2][4] - The facility has fully commissioned both the front-end and back-end processing units, with plans to ramp up production to meet the Emission Reduction Alberta (ERA) Commissioning Milestone 3 target of 80 tonnes per day [2][4] - Preliminary tests indicate that the quality of the produced asphalt is significantly better than previous products, meeting the requirements of several commercial agreements [3][4] Company Overview - Northstar is focused on sustainable recovery and reprocessing of asphalt shingles, utilizing a proprietary design process to extract liquid asphalt and other materials from discarded shingles [6] - The company aims to lead the recovery and reprocessing of asphalt shingles in North America, addressing environmental concerns related to landfill waste [6] Incentive Compensation - The company plans to grant a total of 2,422,766 stock options to various stakeholders at an exercise price of $0.335, along with additional restricted and performance share units [5]
HyOrc, Expands European Green Methanol Strategy with New Porto Deal
Globenewswire· 2025-07-08 14:04
Group 1 - HyOrc Corporation has signed a Memorandum of Understanding (MOU) with Start Lda to develop a 25,000 ton per annum green methanol production facility in Porto, with projected lifetime revenues of $390 million [1][2] - This agreement complements a previous MOU with Acetech Metals for a 13,000 ton per annum RDF-to-methanol facility in Scunthorpe, UK, forming a strategy for a European supply network for low-carbon marine fuels [2][5] - The combined annual output from both facilities will exceed 38,000 tons of renewable methanol, with plans for future expansion to meet rising demand from the shipping sector [6] Group 2 - The Porto and Scunthorpe facilities are strategically located near major shipping lanes and logistics hubs, enhancing delivery efficiency to maritime operators and industrial users [6] - Both projects will utilize HyOrc's proprietary RDF gasification and methanol synthesis systems, converting waste-derived feedstocks into high-purity methanol with lower lifecycle emissions [6] - The plants will contribute to regional job creation, energy security, and compliance with EU decarbonization targets by transforming local waste streams into clean fuel [6] Group 3 - HyOrc Corporation focuses on developing advanced waste-to-methanol systems and hydrogen combustion engines for various sectors, aiming to decarbonize hard-to-abate industries without relying on subsidies [7] - The company has a growing patent portfolio and ISO-certified operations, with 728.19 million shares issued and outstanding [7]
Infortar's subsidiary completed the acquisition of shares in Estonia Farmid OÜ
Globenewswire· 2025-07-07 11:30
Group 1 - OÜ Infortar Agro has acquired a 96.6% shareholding in Estonia Farmid OÜ after receiving approval from Estonian and Latvian Competition Authorities [1][2] - The acquisition is part of Infortar's strategy to enhance its position in the dairy industry, which is a significant sector in Estonia known for high-quality milk production [3] - Infortar Agro cultivates 13,100 hectares of land, accounting for 1.33% of Estonia's arable land, and operates dairy farms with a total of 8,200 dairy cows, producing 160 tons of milk daily, representing 6.5% of Estonia's total milk output [5] Group 2 - The company aims to integrate the dairy industry with circular economy principles and renewable energy, proposing the establishment of biomethane plants to produce fuel alongside high-quality milk [4] - Infortar operates across seven countries with diverse activities including maritime transport, energy, and real estate, employing a total of 6,296 people [8] - The transaction is not considered significant under NASDAQ Tallinn Stock Exchange rules and does not impact Aktsiaselts Infortar's overall activities [6]
Petrobras Bets Big on Rio's Refining Commitment With Major Projects
ZACKS· 2025-07-04 13:41
Investment Overview - Petrobras is investing R$33 billion ($6 billion) to enhance Brazil's downstream sector, focusing on refining, petrochemicals, and renewable fuels in Rio de Janeiro [1][11][14] - The investment aims to increase domestic fuel supply, support energy transition goals, and stimulate industrial synergy across the value chain [1] Key Projects - The Boaventura Energy Complex and Duque de Caxias Refinery (Reduc) represent a combined investment of R$26 billion, enhancing S-10 diesel output by 76,000 barrels per day (bpd) and increasing jet fuel production by 20,000 bpd [2][11] - Boaventura will feature a biojet fuel facility producing 19,000 bpd of sustainable fuels, alongside two gas-fired thermoelectric plants [3][11] Sustainability Initiatives - Reduc is exploring a lubricant oil re-refining unit with a capacity of 30,000 m (6,300 bpd) to align with circular economy practices [4] - A pilot project blending 1.2% corn oil into jet fuel has been completed, paving the way for 10,000 bpd commercial-scale production of renewable diesel [5] Infrastructure Modernization - Petrobras plans to invest R$860 million in modernizing on-site power infrastructure and R$2.4 billion on maintenance shutdowns from 2025 to 2029 [6] Petrochemical Expansion - Studies are underway for local production of acetic acid and monoethylene glycol at Boaventura, reducing Brazil's reliance on imports [7] - Braskem, a Petrobras affiliate, is expected to invest R$4 billion to expand its polyethylene plant, adding 230,000 tons per year of production capacity [8][11] Gas Supply Strategy - Petrobras is focusing on boosting domestic gas availability by reactivating shut-in gas wells and integrating with Argentina and Bolivia to lower prices and meet rising demand [12] Future Investments - Beyond Rio de Janeiro, Petrobras plans to invest R$8 billion in a second refining train at RNEST in Pernambuco and R$6 billion to resume fertilizer production [13]
ESG年报解读|爱回收首设2030碳减排目标,投诉完成率不足三成显服务瑕疵
Sou Hu Cai Jing· 2025-07-04 09:22
Core Viewpoint - The company, Wanwu Xingsheng (Aihuishou), has released its 2024 Environmental, Social, and Governance (ESG) report, setting a carbon reduction target for 2030, aiming for a 35% reduction in Scope 1 and 2 emissions and a 50% reduction in Scope 3 emissions compared to 2024 levels [2][4]. Environmental Initiatives - Wanwu Xingsheng has detailed its greenhouse gas emissions, reporting 0 tons for Scope 1, 5,004.18 tons for Scope 2, and 40,422.18 tons for Scope 3 emissions in 2024 [3][4]. - The company has achieved a total of 35.3 million transactions in second-hand goods in 2024 and disposed of 137,000 electronic products, reducing electronic waste by 21.92 tons [4]. - Innovations in green operations include a smart inventory management system that improved space efficiency by over 30% and increased storage capacity by 20% [4]. Social Responsibility - The company has expanded its offline stores to 1,861 and increased multi-category business capabilities to 673 stores, a year-on-year increase of 167% [5]. - A partnership with JD.com has been established to enhance the mobile trade-in experience for consumers [5]. Consumer Rights Issues - Wanwu Xingsheng has faced significant consumer complaints, with a completion rate of less than 30% for resolved issues despite a high response rate [6][15]. - Complaints include discrepancies between estimated and actual trade-in values, with differences ranging from 500 to 2,000 yuan [9]. - The company has introduced a quality inspection tool called "Ji Daxia" to improve the inspection process and enhance customer satisfaction [11][13]. Customer Service Improvements - The company has initiated a "one-time resolution rate improvement project" to enhance customer service response times and satisfaction [13]. - Despite high complaint handling rates of 99.9%, the actual resolution rates remain low, indicating a gap between reported performance and customer experience [15][18].
Cielo Announces AGM Results and Extension of Unit Offering
Globenewswire· 2025-06-30 11:00
Core Points - Cielo Waste Solutions Corp. held its annual general and special meeting of shareholders on June 24, 2025, where all proposed business items were approved [2][3] - The company is continuing a private placement offering of up to 60,000,000 units at a price of $0.05 per unit, aiming for gross proceeds of up to C$3,000,000, with closing anticipated around July 18, 2025 [3] Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into high-value products, addressing global waste challenges and contributing to the circular economy while reducing carbon emissions [5] - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and economically sustainable technologies [5]
ATRenew Releases 2024 ESG Report: Painting a New Picture of Sustainable Development
Prnewswire· 2025-06-30 08:00
Core Viewpoint - ATRenew Inc. has released its 2024 Environmental, Social and Governance (ESG) Report, showcasing its commitment to green recycling, low-carbon transition, corporate governance, and technological innovation, aligning with China's "Dual Carbon" goals and global ESG best practices [1] Group 1: Environmental Initiatives - ATRenew made significant progress in advancing the circular economy, facilitating the sale of over 35.3 million pre-owned products, which extended product lifecycles and reduced resource consumption [4] - The company disposed of 137,000 units of e-waste in an eco-friendly manner, reducing e-waste pollution by 21.92 tons [4] - ATRenew renewed its ISO 14001 environmental management system certification and set ambitious emissions reduction goals, aiming to cut Scope 1 & 2 emission intensity by 35% and Scope 3 emission intensity by 50% by 2030, using 2024 as the baseline [4] Group 2: Social Responsibility and Employee Engagement - The "Listener" Program achieved a 96% problem resolution rate, enhancing employee rights to information and participation, with overall employee satisfaction rising from 4.64 in 2023 to 4.71 in 2024 [5] - The proportion of female senior managers increased from 28.13% to 33.33%, indicating progress in gender diversity [5] - ATRenew supported 68 schools and delivered 3,132 classes through its digital education aid program, benefiting 12,970 rural students [5] Group 3: Governance and Risk Management - ATRenew established a three-tier ESG governance framework, ensuring ESG principles are embedded in strategic planning and operations, with the Risk Management Committee convening seven times to address 24 risk issues [3][4] - The company achieved a 100% rectification rate for SOX internal control deficiencies, demonstrating strong management rigor and accountability [6] Group 4: Technological Innovation - ATRenew increased R&D investment, exploring large-scale AI models and developing intelligent terminal devices, which enhanced the quality inspection system and operational performance [9] - The company launched Standard Quality Inspection 2.0, optimizing the grading system and improving transparency and consistency in product evaluations [9] - ATRenew established best practices for trade-in programs in partnership with JD.com, expanding its offline presence to 1,861 stores across 283 cities, with 62% being next-generation user touchpoints [9]
The natural beauty of wooden skyscrapers | Pablo van der Lugt | TEDxVUAmsterdam
TEDx Talks· 2025-06-25 16:15
What if our homes could actually fight climate change? Building scientist Pablo van der Lugt reveals how modern timber construction, a material that literally grows back, is transforming buildings into massive carbon sinks, not sources of pollution. Debunking common myths, he shows how skyscrapers can be built from wood, storing tons of CO2 and offering surprising health benefits. Learn how this biobased building revolution, already unfolding in cities like Amsterdam, could contribute 25% of our global clim ...
Bion Issues Update and Outlook; Announces Shareholder Call
Globenewswire· 2025-06-24 14:20
Core Viewpoint - Bion Environmental Technologies, Inc. is a leader in advanced treatment and resource recovery technology for livestock and organic waste, and has announced an update and outlook along with a shareholder call scheduled for July 1, 2025 [1] Company Overview - Bion's patented Ammonia Recovery System (ARS) converts ammonia from biogas generated from animal manure and organic waste into organic and low-carbon nitrogen fertilizers, contributing to environmental sustainability by preventing pollution and improving economic viability for livestock and biogas operations [3] Shareholder Call Details - The shareholder call is set for 7:00 PM ET on July 1, 2025, and will be accessible via Zoom, with pre-submitted questions being accepted [2] Industry Trends - Bion's platform supports global trends towards circular economy models and the development of low-carbon and low-impact fuels and agriculture [3]
TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration
Globenewswire· 2025-06-18 10:00
Core Insights - TMD Energy Limited (TMDEL) has entered into a Memorandum of Agreement (MOA) with Double Corporate Sdn Bhd to explore strategic collaboration in the bioenergy sector for the EU and Asia markets [1][2] - This partnership aims to expand TMDEL's presence in sustainable and alternative fuel energy sectors, focusing on bioenergy sustainable fuel solutions [2][4] - Double Corporate specializes in waste-based bioenergy, converting waste into sustainable fuels and lubricants using ISCC-EU-approved technology, with expertise in sustainable aviation fuel (SAF) and sustainable marine fuel (SMF) [3][5] Agreement Details - The MOA establishes a one-year exclusivity period for negotiations, which can be extended by mutual consent, with both parties prioritizing the finalization of definitive agreements within this window [4] - The collaboration aligns with TMDEL's vision for sustainable business and fuel innovation, emphasizing a circular-economy approach [4] Company Profiles - TMD Energy Limited operates in marine fuel bunkering services, supplying various types of marine fuel oil and providing ship management and chartering services, with operations in 19 ports across Malaysia and a fleet of 15 bunkering vessels [6] - Double Corporate is a certified Malaysian bioenergy leader focused on converting waste into sustainable fuels, with a high-yield refining process that minimizes waste and energy consumption [5]