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Elis announces the acquisition of Bugadería Neutral in Spain
Globenewswire· 2025-06-03 06:00
Elis announces the acquisition of Bugadería Neutralin Spain Saint-Cloud, June 3, 2025 – Elis, the global leader in circular services at work, today announces the acquisition of 100% of Bugadería Neutral in Spain. Located in Catalonia, in the south of Barcelona, Bugadería Neutral operates a laundry which mainly services Hospitality customers. The company currently employs 145 people; the management team will remain in place to develop the company’s growth potential in the region. In 2024, Bugadería Neutral ...
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY
Globenewswire· 2025-06-03 05:00
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be ...
Liquidity Services to Present at the 15th Annual East Coast IDEAS Investor Conference
Globenewswire· 2025-06-02 20:30
Company Overview - Liquidity Services (NASDAQ: LQDT) is a leading global e-commerce company focused on the circular economy, operating the world's largest B2B e-commerce marketplace platform for surplus assets [3] - The company has completed over $10 billion in transactions, serving more than five million qualified buyers and 15,000 corporate and government sellers worldwide [3] Upcoming Events - Liquidity Services will present at the East Coast IDEAS Investor Conference on June 11, 2025, at 10:00 AM ET in New York, NY [1] - The presentation will be available as a webcast on the East Coast IDEAS conference page and the Liquidity Services Investor Relations page [2] Sustainability Efforts - The company supports clients' sustainability initiatives by extending the life of assets, preventing waste and carbon emissions, and reducing landfill contributions [3]
Mondelēz International Expands Sustainable Futures Portfolio Aiming to Accelerate Scalable Climate and Community Initiatives
Globenewswire· 2025-05-29 20:05
Core Viewpoint - Mondelēz International, Inc. is launching a new wave of impact-first investments through its Sustainable Futures Impact Investment platform, focusing on scalable solutions that address climate, community, and circularity, aligning with its sustainability strategy and Vision 2030 ambitions [1][4]. Investment Approach - The company employs a three-pronged investment strategy consisting of direct investments, fund investments, and technical assistance to scale promising solutions that generate measurable impact [2][4]. Direct Investments - New additions to the Sustainable Futures portfolio include investments in regenerative agriculture, inclusive financing, and circular packaging through innovative technology [4]. Fund Investments - Mondelēz International supports impact funds that align with its goal of catalyzing positive change across various geographies [3][4]. Technical Assistance - The company provides capacity-building support to early-stage ventures, helping validate their technologies through larger-scale pilots and scientific approaches [3][4]. Specific Investments - eAgronom is an ag-tech company aiding farmers in improving soil health and reducing carbon emissions, with over 1 million hectares under sustainable practices [5]. - ZIRO is a fintech startup providing affordable inventory financing to small merchants, aiming to reach approximately 100,000 merchants in three years [5]. - Pack2Earth is focused on replacing 60,000 metric tons of plastic packaging with compostable materials by 2028, part of a coalition supporting the Circulate Capital's Ocean Fund [5]. Impact Metrics - In 2024, investments in the Circulate Capital Ocean Fund contributed to circulating or avoiding over 7,600 tonnes of plastic, reducing more than 10,700 tonnes of GHG emissions, and creating over 34,900 tonnes in recycling infrastructure capacity across Southeast Asia and India [5]. Strategic Importance - Sustainability is a key pillar of Mondelēz International's growth strategy, with investments aimed at addressing challenges and creating long-term business resilience [6].
AeroFlexx's Innovative Liquid Packaging Receives Critical Guidance Recognition from Association of Plastic Recyclers
GlobeNewswire News Room· 2025-05-29 13:15
WEST CHESTER, Ohio, May 29, 2025 (GLOBE NEWSWIRE) -- AeroFlexx, a leader in sustainable packaging, has received Critical Guidance Recognition for recyclability from the Association of Plastic Recyclers (APR) for its proprietary mono-material AeroFlexx Pak. APR's Critical Guidance Recognition is one of the most widely accepted benchmarks for evaluating plastic packaging and provides independent validation and credibility that the AeroFlexx Pak is designed for recyclability. Under the APR Design® Recognition ...
Euro Manganese Closes C$11.2 million (A$12.3 million) Financing
Newsfile· 2025-05-28 23:07
Core Viewpoint - Euro Manganese Inc. has successfully closed a financing package totaling approximately C$11.3 million (A$12.3 million) to support the development of the Chvaletice Manganese Project following shareholder approval at the Annual General and Special Meeting [2][3][6] Financing Details - The financing package includes a private placement of common shares and CHESS Depositary Interests amounting to C$9.8 million (A$10.8 million) and a Share Purchase Plan raising A$1.5 million (C$1.4 million) [2][5][10] - The Placement involved the issuance of 54,578,350 New Securities, including 39,671,662 New Shares at C$0.18 each and 14,906,688 New CDIs at A$0.195 each [5][10] - The Share Purchase Plan consisted of 7,692,307 New CDIs at A$0.195 each, generating gross proceeds of A$1.5 million [10][11] Key Investors - Significant participation from the European Bank for Reconstruction and Development (EBRD) and Eric Sprott, with EBRD acquiring 21,400,000 units for C$3,852,000, increasing its ownership to 17.48% [18][19] - Eric Sprott acquired 16,666,666 units for C$3,000,000, representing approximately 11.7% of the outstanding shares on a non-diluted basis [21][22] Use of Proceeds - The net proceeds from the financing will be allocated to the ongoing development of the Chvaletice Manganese Project, including customer engagements, operation of the demonstration plant, and advancing permitting [3][6] Option Grant - The company granted stock options to directors, officers, employees, and consultants to purchase up to 7,020,000 common shares at an exercise price of CAD$0.19, with vesting schedules outlined [24][25] Company Overview - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, advancing the Chvaletice Manganese Project in the Czech Republic, and exploring opportunities in Bécancour, Québec [27][28]
LKQ Publishes 2024 Global Sustainability Report
GlobeNewswire News Room· 2025-05-28 12:35
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going ...
Tarkett_Conditions for availability or consultation of information relating to the Combined Shareholders’ Meeting of 19 June 2025
Globenewswire· 2025-05-28 10:17
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [4] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [4] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [4] - The company is committed to circular economy and sustainability through its Tarkett Human-Conscious Design® approach [4] Shareholders' Meeting Information - The Combined Shareholders' Meeting is scheduled for 19 June 2025 at 9:30 a.m. at the Company's head office in Paris La Défense [1] - A preliminary notice of the meeting, including the agenda and draft resolutions, was published in the French Bulletin des Annonces Légales Obligatoires (BALO) on 14 May 2025 [2] - Additional information on attending and voting at the Shareholders' Meeting will be available in the notices and on the Company's website [2][3] Regulatory Compliance - Information related to the Shareholders' Meeting can be consulted on the Company's website under the Investors/Shareholders/Shareholders' Meeting 2025 section [3] - The company ensures that documents and information regarding the Shareholders' Meeting are made available to shareholders in accordance with applicable regulations [3]
BASF and trinamiX to Present Textile Circularity Solutions
ZACKS· 2025-05-27 14:05
Group 1: Company Initiatives - BASF SE (BASFY) will showcase its textile sorting and circularity solutions in collaboration with trinamiX GmbH at an event in Brussels, Belgium, from June 4 to June 5 [1] - The demonstration will include the recycled polyamide 6 product, loopamid, which is made entirely from textile waste and allows for textile-to-textile recycling [2] - BASF has recently launched the world's first commercial loopamid facility in Shanghai, China, utilizing industrial textile waste and post-consumer waste for production [2] Group 2: Technology and Solutions - trinamiX will exhibit its Mobile Near-Infrared (NIR) Spectroscopy Solution, which enables fast and reliable identification of various textiles and blends [3] - The system includes a portable NIR spectrometer and an app for cloud-based data analysis, enhancing the management of results and data export [3] - trinamiX will also present the latest generation of its handheld spectrometer, trinamiX PAL Two, designed for convenient single-handed operation [3] Group 3: Market Performance - BASFY stock has decreased by 6.9% over the past year, while the industry has seen a decline of 27.1% [5] - BASFY currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook compared to other stocks in the Basic Materials sector [6] - Other better-ranked stocks in the sector include Akzo Nobel N.V. (Rank 1), Newmont Corporation (Rank 1), and Balchem Corporation (Rank 2) [6]
Bion Announces First Offtake Commitments for its Organic Nitrogen Fertilizer
Globenewswire· 2025-05-27 12:20
Billings, MT, May 27, 2025 (GLOBE NEWSWIRE) -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock and organic waste treatment and resource recovery technology, announced it has received the first Letters of Interest (LOI) for its OMRI (Organic Materials Research Institute) Listed nitrogen fertilizer, from two of the largest distributors of organic fertilizers on the West Coast. Perfect Blend has executed an LOI for 50,000 gallons at $7.00 per pound, FOB (Freight on Board) a ...