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Orion S.A. to Increase Prices, Introduce a Variable Surcharge for Specialty Carbon Black
Businesswire· 2026-03-13 12:30
Core Viewpoint - Orion S.A. is increasing prices by up to 25% and introducing a variable surcharge for its Specialty segment customers due to rising costs, supply chain disruptions, and feedstock cost volatility primarily linked to the ongoing conflict in the Middle East [1] Company Overview - Orion S.A. is a global specialty chemicals company and a leading supplier of carbon black, which is utilized in various applications such as tires, coatings, inks, batteries, and plastics [1] - The company operates 15 production plants worldwide and has four innovation centers, offering a diverse range of production processes in the industry [1] - Orion has a corporate lineage of over 160 years, originating from Germany, where it operates the world's longest-running carbon black plant [1] Price Increase and Surcharge - The price increase of up to 25% and the introduction of a variable surcharge will take effect immediately or as contracts allow [1] - This decision is driven by the need to address the financial pressures resulting from increased costs and supply chain issues [1] Sustainability Rating - Orion S.A. has earned a Platinum rating from EcoVadis for its 2025 performance, placing it in the top 1% of companies evaluated globally [1] - The EcoVadis assessment evaluates performance across four areas: environment, ethics, sustainable procurement, and labor and human rights [1]
Sodexo celebrates its 60th anniversary
Globenewswire· 2026-03-09 07:30
Core Insights - Sodexo is celebrating its 60th anniversary, having been founded in 1966 by Pierre Bellon in Marseille, and has become a global leader in food and services [1][5] - The company operates in 43 countries and employs nearly 430,000 people, focusing on being a trusted long-term partner for clients while integrating sustainable solutions [2][7] - Thierry Delaporte, CEO of Sodexo, emphasizes the company's commitment to addressing clients' real needs and challenges in a transforming world, guided by the legacy of Pierre Bellon [3] Company Overview - Sodexo is recognized for its independence, family shareholding, and responsible business model, aiming to improve the quality of life for employees and consumers while contributing to social and environmental progress [5] - The company serves 80 million consumers daily and is the second-largest private employer in France [7] - As of January 7, 2026, Sodexo has a market capitalization of €6.5 billion and projected consolidated revenues of €24.1 billion for fiscal 2025 [7]
Winter Storm Alert: Stock Up on Propane, But Remember Safety First
Businesswire· 2026-01-23 23:58
Core Insights - The upcoming winter storm is expected to drive demand for propane as a primary or backup heating source across much of the U.S. [1][2] - Propane is highlighted as an affordable and clean-burning energy option, with a strong emphasis on safety when using propane heaters and generators [1][4] Propane Supply and Safety - The U.S. is the world's largest refiner of propane, ensuring ample supply for consumers [4] - Safety guidelines are crucial for users of propane heaters and generators, particularly regarding indoor use [3][2] U-Haul's Role in Propane Distribution - U-Haul is the largest retailer of propane in the U.S., operating over 1,500 refill and tank exchange locations [4][7] - Despite potential disruptions from winter storms, propane remains available at U-Haul locations, although some supplier deliveries may be delayed [5] Sustainable Practices - U-Haul promotes sustainability through various initiatives, including offering clean-burning propane and implementing recycling programs [6]
X @Forbes
Forbes· 2025-12-12 09:00
A bad apple really can spoil the whole supply chain.Strella uses AI & food-sniffing sensors to monitor ripening hormones, telling vendors the exact best time to sell.Results are massive:- Analyzed 1.5 billion pounds of apples.- Saved over 40 million pounds of food from waste.The founder says, "Sustainable solutions are profitable." Read more: https://t.co/S18Mkf7Jrk #ForbesUnder30 (Photo: Sebastian Nevols for Forbes) ...
X @Forbes
Forbes· 2025-12-04 13:50
A bad apple really can spoil the whole supply chain.Strella uses AI & food-sniffing sensors to monitor ripening hormones, telling vendors the exact best time to sell.Results are massive:- Analyzed 1.5 billion pounds of apples.- Saved over 40 million pounds of food from waste.The founder says, "Sustainable solutions are profitable." Read more: https://t.co/S18Mkf7Jrk #ForbesUnder30 (Photo: Sebastian Nevols for Forbes) ...
Orion Announces $4.7M in LED Lighting Engagements for Two Major Enterprise Customers; One Scope of Work Marks the Start of a Multi-Year Initiative
Globenewswire· 2025-10-28 12:28
Core Insights - Orion Energy Systems, Inc. announced LED lighting and Electrical Infrastructure engagements worth over $4.7 million for two major enterprise customers [1] - The larger engagement is valued at $3.6 million, involving installations and upgrades for a large enterprise with 18,000 employees [2] - The second engagement, worth $1 million, is part of a multi-year initiative and includes work at five facilities across four U.S. states [3] Engagement Details - The $3.6 million engagement focuses on installations and upgrades of Electrical Infrastructure and LED lighting at a large enterprise's facilities [2] - The $1 million engagement is expected to be completed in FY 2026 and marks the beginning of a multi-year upgrade initiative [3] - Orion anticipates being assigned more work by the customer on a frequent basis due to the scale of the enterprise's needs [3] Company Positioning - Orion's CEO highlighted the increasing frequency and scope of assignments from large enterprises, indicating a growing reliance on Orion's services [4] - The COO emphasized Orion's capability to scale operations in line with the needs of extended enterprises [4] - Orion specializes in energy efficiency and clean tech solutions, including LED lighting and EV charging solutions, aimed at helping customers achieve business and environmental goals [5]
Braskem Reinforces Its Leadership in Sustainable Solutions at K Fair 2025
Businesswire· 2025-10-08 08:00
Core Insights - Braskem is participating in K 2025, the largest international plastics and rubber industry trade fair, showcasing its commitment to sustainable solutions [1] - The event is taking place in Germany from October 8 to 15, highlighting Braskem's leadership in biopolymers production [1] - The company is promoting the transition to carbon-neutral solutions, reinforcing its role in the sustainable chemical and plastic industry [1]
PyroGenesis Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-01 11:00
Company Overview - PyroGenesis Inc. is a high-tech company specializing in advanced all-electric plasma processes and sustainable solutions aimed at supporting heavy industry in energy transition, emission reduction, commodity security, and waste remediation [3] - The company has developed proprietary and patented plasma technologies that are being adopted by major industry leaders in four key markets: iron ore pelletization, aluminum, waste management, and additive manufacturing [3] - PyroGenesis operates out of Montreal with manufacturing facilities of 3,800 m² and 2,940 m², and maintains ISO 9001:2015 and AS9100D certifications [3] Upcoming Events - The company will host a conference call on August 7, 2025, at 12:00 PM Eastern Time to discuss its financial results for the second quarter of 2025, which ended on June 30, 2025, and to provide updates on its progress and developments [1] - Access to the conference call will be available via telephone and a live webcast, with details provided through pre-registration [2]
PHOTOCAT has today applied for a transfer of its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market.
Globenewswire· 2025-07-18 15:00
Core Viewpoint - Photocat is applying to transfer its trading venue from Nasdaq First North Growth Market to Spotlight Stock Market to optimize its listing environment and enhance shareholder value [1][3]. Group 1: Strategic Decision - The transfer to Spotlight Stock Market is a strategic move aimed at providing financial benefits and a more tailored platform for Photocat's growth trajectory [1][2]. - The Board of Directors has thoroughly evaluated the decision and believes that Spotlight is the ideal platform for the company's next growth phase [3]. Group 2: Financial Advantages - Listing on Spotlight Stock Market is part of a cost-saving program to strengthen the company's financial position [4]. - Spotlight Stock Market offers enhanced liquidity potential and dedicated support for growth companies, which is attractive for Photocat [2][4]. Group 3: Company Background - Photocat is a leader in sustainable solutions, focusing on photocatalysis to improve air quality [5]. - The company's shares are currently listed on Nasdaq Stockholm, First North, under the ticker symbol PCAT [5].
ReGen III Closes $1.75 Million Private Placement
Newsfile· 2025-07-14 04:01
Core Points - ReGen III Corp. has successfully closed a non-brokered private placement, issuing 8,750,000 Units at a price of $0.20 per Unit, resulting in gross proceeds of $1,750,000 [1][2] Group 1: Private Placement Details - Each Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at an exercise price of $0.45 for two years [2] - Insiders purchased 3,380,000 Units, representing 38.63% of the total Units issued, which translates to approximately 2.51% of the issued common shares post-placement [4] - The net proceeds from the offering are intended for general corporate purposes and working capital, with the offering subject to final approval from the Exchange [3] Group 2: Debt Settlement and Corporate Strategy - The Company has received approval to settle certain debts by issuing 221,972 common shares at a deemed price of $0.2034 per share, with a hold period until November 12, 2025 [10] - The CEO expressed gratitude to shareholders and highlighted the strong insider participation as a sign of confidence in the Company's technology and market potential [6] Group 3: Company Overview and Future Plans - ReGen III specializes in upcycling used motor oil into high-value Group III base oils, aiming to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [11] - The Company has completed FEL2 and value engineering for its Texas recycling facility, positioning itself to become the largest producer of sustainable re-refined Group III base oil [12] - ReGen III has engaged Couloir Capital Ltd. for investor-focused equity research coverage, paying a one-time fee of $45,000 for three reports [7]