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CDT Environmental Technology Announces Receipt of Notification Letter from Nasdaq
Globenewswire· 2025-06-20 20:30
SHENZHEN, China, June 20, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) (“CDT” or the “Company”), a leading provider of waste treatment systems and services throughout China, today announced that it received a notification letter, dated June 18, 2025 (the “Notification Letter”), from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”) indicating that the Company is no longer in compliance with the minimum bid price requirement se ...
Bion’s Technology-Optimization Report Details Success of Ammonia Recovery System
Globenewswire· 2025-06-12 13:25
Core Insights - Bion Environmental Technologies, Inc. has completed the Technology-Optimization Report for its Ammonia Recovery System (ARS) at Fair Oaks, IN, demonstrating significant advancements in technology and operational efficiency [1][2]. Group 1: Technology and Operations - The optimized ARS is stable, reliable, and scalable, achieving ammonia reduction targets while evaporating one-third less water than previously anticipated, leading to improved economics and lower fertilizer production costs [2][4]. - The report details over a decade of ARS development, highlighting the collaboration with Buflovak, an engineering firm specializing in evaporation and separation processes, during the optimization phase [3][4]. Group 2: Economic Impact - Operational improvements from the Fair Oaks optimization indicate that operating costs for a full-scale commercial system will be approximately 25% lower than previously modeled, which will also significantly reduce fertilizer production costs [4]. - Modeled capital costs are expected to decrease substantially, enhancing the overall economic viability of the ARS [4]. Group 3: Future Prospects - The company is evaluating over two dozen potential projects to identify the best fit for initial fertilizer offtake agreements, aiming to supply organic nitrogen fertilizer to growers during the 2026 growing season [5][6]. - Bion's ARS aligns with global trends towards circular economy models and low-carbon agriculture, addressing environmental concerns related to ammonia emissions from organic waste [6].
374Water (SCWO) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:32
374Water (SCWO) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Christopher Tyson - Executive Vice President & PartnerChris Gannon - CEO & PresidentRussell Kline - CFO Conference Call Participants Michael Mathison - Analyst Operator Greetings. Thank you for standing by, and welcome to the three seventy four Water First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the forma ...
CDT Environmental Technology Files Annual Report on Form 20-F
Globenewswire· 2025-05-15 11:15
Core Viewpoint - CDT Environmental Technology Investment Holdings Limited reported a revenue of $29.8 million and a net income of $1.4 million for the fiscal year ended December 31, 2024, reflecting a decrease due to reduced project activity amid a slowdown in the PRC economy [1][6][8]. Financial Performance - Total revenues decreased by approximately $4.4 million, or 13.0%, to approximately $29.8 million for the year ended December 31, 2024, compared to approximately $34.2 million for the same period in 2023 [6]. - Gross profit decreased by approximately $0.1 million, or 1.2%, to approximately $11.2 million for the year ended December 31, 2024, from approximately $11.4 million for the year ended December 31, 2023 [6]. - The overall gross profit margin improved to 37.4% in 2024 from 33.0% in 2023, attributed to enhanced operational efficiency [6]. - Total operating expenses increased by approximately $6.5 million, or 233.5%, to approximately $9.2 million for the year ended December 31, 2024, primarily due to increased stock-based compensation and provisions for credit losses [6]. - Net income decreased by approximately $5.6 million, or 80.0%, to $1.4 million for the year ended December 31, 2024, from approximately $7.0 million for the same period in 2023 [6]. Project Backlog and Future Opportunities - As of March 31, 2025, the company had two projects in backlog, the Xinjiang Project and Sichuan Anya Project, with a total tentative contracted amount of approximately $15.4 million [4]. - The company is in the process of acquiring three additional projects for its sewage treatment systems, expected to be signed and commenced by the third quarter of 2025 [5]. - CDT is actively pursuing new energy opportunities to diversify revenue streams and support sustainability goals, focusing on waste-to-energy initiatives [7]. Management Commentary - The CEO of CDT highlighted the economic challenges in China and project delays, which contributed to the revenue decline, but noted a significant margin expansion due to cost-saving efforts [8]. - The company is committed to identifying innovative opportunities to create new revenue streams while enhancing its core business [8]. - CDT's management expressed confidence in navigating economic cycles and positioning the company for future growth opportunities [9].
Perma-Fix Environmental Services(PESI) - 2025 Q1 - Earnings Call Transcript
2025-05-08 15:02
Perma-Fix Environmental Services (PESI) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants David Waldman - President & CEOMark Duff - President & CEOBen Naccarato - EVP & CFO Conference Call Participants Howard Brous - AnalystAaron Spychalla - Research AnalystAaron Warwick - Co-Founder & Stock AnalystNone - Analyst Operator Good morning, everyone, and welcome to the Perma Fix Fiscal First Quarter twenty twenty five Earnings Please note this conference is being recorded. I will now turn the ...
374Water Applauds EPA Announcement of Major Actions to Combat PFAS Contamination
GlobeNewswire News Room· 2025-05-06 12:31
Core Viewpoint - 374Water Inc. supports the EPA's actions to combat PFAS contamination, which is expected to create demand for its AirSCWO technology designed to destroy organic wastes, including PFAS [1][3][4] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, focusing on municipal, federal, and industrial markets [1][6] - The company's AirSCWO technology efficiently destroys a wide range of organic wastes, producing safe dischargeable water, mineral effluent, and recoverable heat energy [6] Industry Context - The EPA's strategy aims to prevent PFAS from entering drinking water systems and hold polluters accountable, emphasizing the federal government's commitment to public health [2][5] - The planned actions by the EPA include implementing a PFAS testing strategy, providing annual updates to PFAS destruction guidance, and establishing a "polluter pays" framework [8]
Bion CEO Issues Shareholder Letter
Globenewswire· 2025-05-02 17:02
Billings, Montana, May 02, 2025 (GLOBE NEWSWIRE) -- The CEO of Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock and organic waste treatment and resource recovery technology, issued the following letter to shareholders: Dear Shareholders (and other followers), Apologies for the lack of recent communication. We continue to face headwinds. But despite what our share price decline might suggest, we have no intention of abandoning ship. The feedback we have received recently, ...
374Water Appoints James Pawloski as an Advisor to the Company
Globenewswire· 2025-04-30 12:31
Former President & CEO of Regeneration and Recovery Solutions at Veolia North America Nominated as Independent Director at Upcoming Annual Meeting Annual Meeting of Stockholders to be Held at 10:00 a.m., Eastern Time, on June 11, 2025 DURHAM, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water") (the "Company"), a global leader in waste destruction technology for the municipal, federal, and industrial markets, today announced the appointment of James Pawloski as an advisor to th ...