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KBR's Methanol Technology Selected by Fikrat Al-Tadweer for the First Biomethanol Plant in Saudi Arabia
Globenewswire· 2025-12-16 11:00
HOUSTON, Dec. 16, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has been awarded a contract for its PureMSM green methanol technology by Fikrat Al-Tadweer for a pioneering biomethanol plant in Saudi Arabia for transforming landfill-gas into clean fuels. KBR’s PureM solution is designed for commercial-scale deployment with a low cost of renewable methanol production. The technology can utilize a wide range of feedstocks, including biogas, gasification-derived syngas, hydrogen, and pure CO₂ ...
MDWerks Issues Third Quarter 2025 Shareholder Update
Globenewswire· 2025-11-14 16:34
Core Insights - MDWerks, Inc. reported a significant revenue increase of 85% sequentially from $421,000 in Q2 2025 to $780,000 in Q3 2025, primarily driven by Whiskey-as-a-Service (WaaS) revenue at Two Trees Beverage Company and increased product revenue at RF Specialties, LLC [2][3] - The company is focused on long-term sustainable growth and profitability, with positive year-over-year revenue comparisons when excluding non-recurring service revenue from the previous year [3] Two Trees Beverage Company - Two Trees' revenue increased by 92% sequentially from $250,000 in Q2 2025 to $480,000 in Q3 2025, attributed to new customer contracts for white-label aging services [4] - The company anticipates continued growth as it builds and deploys Spirits Rapid Aging Systems (SRAS) for new customers, including a major U.S. distillery, which is expected to enhance recurring revenue [5][6] - Two Trees is actively pursuing additional SRAS deployments with major U.S. distilleries and exploring international markets, highlighting the efficiency and sustainability of its proprietary aging technology [6] - A new larger SRAS unit is set to increase production capacity fivefold, expected to be operational by December 2025, further expanding white-label aging services [7] - Two Trees has received multiple industry awards, including a Gold Medal at the 2025 New York World Spirits Competition, enhancing its brand recognition [8] RF Specialties, LLC - RF Specialties' revenue increased by 75% sequentially from $171,000 in Q2 2025 to $300,000 in Q3 2025, driven by the installation of a Molecular Sawdust Drying System for a leading lumber company [11] - The company expects follow-on orders as the customer expands the system's throughput, indicating potential for growth in the lumber market [12] - RF Specialties anticipates a smoother revenue stream as initial systems lead to additional orders, reflecting the scalability of its technology [13] Technology and Innovation - MDWerks positions itself as a technology company, leveraging patented molecular targeting technology to enhance traditional processes and promote sustainability [14] - The company aims to explore new applications of its technology across various industries, indicating a commitment to innovation and growth [14] Future Outlook - MDWerks is optimistic about its growth trajectory in 2026, with a strong foundation being built for future opportunities [15]
MDWerks' Two Trees Beverage Subsidiary Awarded Gold Badge in Best of Asheville 2025
Globenewswire· 2025-09-30 20:30
Core Insights - MDWerks, Inc. announced that its subsidiary, Two Trees Beverage Company, won a Gold Badge in the Best of Asheville 2025 contest, marking the third consecutive year of this recognition [1][3] - Two Trees Beverage Company has also received multiple awards, including a Gold Medal at the 2025 New York World Spirits Competition and three 2025 SIP Awards, showcasing the effectiveness of its sustainable aging method [2] Company Overview - MDWerks, Inc. is focused on sustainable technology and energy wave technologies, aiming to provide innovative solutions that help businesses reduce costs and enhance value [4] - Two Trees Beverage Company specializes in creating fine spirits using a Sustainably Matured™ aging method, which reduces wood consumption and carbon footprint while maintaining high-quality taste [2][5] - RF Specialties, LLC, another subsidiary of MDWerks, implements automated radio frequency technology systems to address industry challenges sustainably [6]
KBR Just Approved A Major Breakup Plan
Yahoo Finance· 2025-09-24 13:23
Core Viewpoint - KBR, Inc. plans to spin off its Mission Technology Solutions business, creating two independent public companies, with the transaction expected to be tax-free and completed by mid-to-late 2026 [1] Group 1: New KBR - New KBR will focus on sustainable technology, housing the Sustainable Technology Solutions segment, which offers over 85 process technologies across energy transition, chemicals, refining, and circular economy markets [2] - The unit anticipates growth through low-capital operations and strong cash conversion [2] Group 2: SpinCo - SpinCo will cater to global government customers in defense and space, benefiting from long-term contracts and a history of acquisitions that have enhanced its capabilities [3] - The capital-light model and predictable revenue of SpinCo are expected to drive growth in areas supported by increasing budgets [3] Group 3: Leadership and Management - Current Chair and CEO Stuart Bradi will remain at New KBR, while Mark Sopp will oversee the spin-off process before transitioning to a new role [4] - Shad Evans will succeed Sopp as chief financial officer in January 2026 and will continue in that position post-separation [4] - A search is currently underway for SpinCo's leadership team [4] Group 4: Legal and Financial Outlook - The restructuring occurs amid a securities class action lawsuit related to the termination of a Transcom contract, with investors alleging potential violations of securities law [5] - KBR has reaffirmed its 2025 financial outlook and plans to hold investor days ahead of the separation [5] - Following the announcement, KBR shares increased by 8.70% to $52.00 in premarket trading [5]
MDWerks’ Two Trees Beverage Subsidiary Awarded Gold Medal at the 2025 New York World Spirits Competition
Globenewswire· 2025-09-23 20:30
Core Viewpoint - MDWerks, Inc. announced that its subsidiary, Two Trees Beverage Company, won a Gold Medal for its Land of the Sky straight bourbon whiskey at the 2025 New York World Spirits Competition, highlighting the company's commitment to sustainable technology and quality spirits [1][3]. Company Overview - MDWerks, Inc. is a forward-thinking company focused on sustainable technology, particularly in energy wave technologies, aimed at helping businesses reduce costs and enhance value [5]. - Two Trees Beverage Company, a wholly owned subsidiary of MDWerks, is known for creating fine spirits aged sustainably and has received multiple industry awards [6]. Awards and Recognition - Two Trees' Land of the Sky straight bourbon whiskey received a Gold Medal at the 2025 New York World Spirits Competition, which is recognized for its high-quality standards through blind evaluations by expert judges [2][3]. - In addition to the Gold Medal, Two Trees has also won three 2025 SIP Awards for its sustainably matured spirits [3]. Social Responsibility - A percentage of sales from the Land of the Sky bourbon is donated to Hurricane Helene relief efforts, reflecting the company's commitment to social responsibility [1][3].
MDWerks' Two Trees Beverage Subsidiary Announces Corporate Sponsorship of Blue Ridge Honor Flight
GlobeNewswire News Room· 2025-08-06 20:30
Core Viewpoint - MDWerks, Inc. and its subsidiary Two Trees Beverage Company are actively supporting U.S. veterans through a sponsorship with Blue Ridge Honor Flight, which facilitates free trips for veterans to visit national memorials in Washington D.C. [1][2][3] Group 1: Company Initiatives - Two Trees Beverage Company donates one dollar for each bottle sold from its tasting room to Blue Ridge Honor Flight, estimating support for two local veterans annually [2] - The sponsorship aims to honor local war veterans and assist them in overcoming financial and physical barriers to visit national memorials [3] Group 2: Company Background - MDWerks, Inc. is recognized for its commitment to sustainable technology and energy wave technologies, focusing on innovative solutions that reduce costs for businesses [4] - Two Trees Beverage Company, a subsidiary of MDWerks, specializes in creating fine spirits sustainably and has received multiple industry awards [5] - Another subsidiary, RF Specialties, LLC, implements automated radio frequency technology systems to address pressing challenges for companies, enhancing efficiency and sustainability [6]
MDWerks’ Two Trees Beverage Subsidiary to Install New Spirits Rapid Aging System
Globenewswire· 2025-07-22 20:30
Core Insights - MDWerks' subsidiary, Two Trees Beverage Company, is set to install a second Spirits Rapid Aging System (SRAS) in August 2025 to meet increasing customer demand and projected growth [1][2] - The new SRAS unit will approximately quintuple the spirits production capacity at the Two Trees facility, addressing the strong demand for aged white-label distillates and spirits [1][2] - The Whiskey-as-a-Service business model is gaining traction, with contracts for three SRAS units being built for major distilleries in the U.S. [2] Production Capacity and Demand - The existing SRAS unit has been operating at or near full capacity since May 2025, indicating a significant demand for Two Trees' products [2] - The new SRAS unit will provide five times more capacity to meet built-in demand for various white-label products, including single malts, whiskeys, rums, and bourbons [2] Technology and Sustainability - The SRAS units utilize patented molecular energy wave technology to rapidly age spirits, achieving maturity in weeks instead of years while maintaining quality and reducing environmental impact [3][6] - Benefits of the SRAS technology include approximately 90% less wood consumption, reduced storage space, lower energy consumption, and a smaller carbon footprint [6] Company Overview - MDWerks, Inc. is focused on sustainable technology and energy wave technologies, aiming to provide innovative solutions that reduce costs and enhance business value [3] - Two Trees Beverage Company, a wholly owned subsidiary of MDWerks, is recognized for its fine spirits and has received multiple industry awards [4]
MDWerks’ Two Trees Beverage Subsidiary Receives Three 2025 SIP Awards
Globenewswire· 2025-07-09 12:30
Core Insights - MDWerks, Inc. announced that its subsidiary, Two Trees Beverage Company, received three awards at the 2025 SIP Awards, including a Silver Medal and an Innovation Award for its Climax Honey Raspberry Flavored Whiskey™ and a Silver Medal for Two Trees Snarly Yow Bourbon Whiskey™ [1][5] Industry Overview - The SIP Awards is a prestigious annual event in the spirits industry, recognized for its rigorous blind-tasting methodology, providing a fair evaluation platform for spirits of all scales and origins [2][3] - This year's competition featured over 1,300 global entries judged by approximately 300 spirits enthusiasts through a double-blind tasting process, assessing aroma, taste, and finish [3] Company Achievements - The Silver Medal Award signifies spirits that received high marks from consumer judges, while the Innovation Award highlights unique taste profiles or designs in spirits [4] - The CEO of MDWerks expressed pride in the accolades, emphasizing the quality and innovative technology used in producing their spirits, which have impressed consumers in blind tastings [5]
MDWerks Announces First Shipment of Wood Chip By-Product to Global Health and Beauty Company
Globenewswire· 2025-07-03 17:00
Core Insights - MDWerks, Inc. announced an initial shipment of wood chip by-product from its subsidiary, Two Trees Beverage Company, to a global health and beauty company in Switzerland for use in developing new fragrances [1][2] - The CEO of MDWerks highlighted the potential for a sustainable revenue stream from this customer and mentioned other uses for the wood chip by-product, including sales to a specialty vendor for barbecue grilling gift box sets [2] Company Overview - MDWerks, Inc. is a company focused on sustainable technology and energy wave technologies, aiming to provide innovative solutions that help businesses reduce costs and enhance value [3] - Two Trees Beverage Company, a wholly owned subsidiary of MDWerks, is known for creating fine spirits sustainably and has received multiple industry awards for its brands [4] - Another subsidiary, RF Specialties, LLC, implements automated radio frequency technology systems to address companies' challenges while reducing costs and increasing speed to market [5]
MDWerks’ Two Trees Beverage Subsidiary Launches Uplifting Spirits, a New Product Line Focused on Supporting Community and Charitable Causes
Globenewswire· 2025-05-12 12:30
Core Insights - MDWerks, Inc. has launched a new product line called Uplifting Spirits, debuting with a limited-edition bourbon whiskey named Land of the Sky, aimed at supporting Hurricane Helene relief efforts [1][3] - A portion of the profits from the sales of Land of the Sky will be donated to aid the recovery from Hurricane Helene, which caused significant damage in Western North Carolina [2][3] Company Overview - MDWerks, Inc. is a forward-thinking company focused on sustainable technology and energy wave technologies, committed to innovative solutions that reduce costs for businesses [4] - Two Trees Beverage Company, a subsidiary of MDWerks, is based in the Appalachian region and specializes in creating fine spirits, having received multiple industry awards [5] Product Details - Land of the Sky bourbon whiskey is crafted from a mash bill of corn, wheat, and malted barley, and is finished with white oak from a tree that fell during Hurricane Helene [2] - The product aims to encapsulate the spirit of the local community and provide resources to those in need through its sales [3]