Will the Bears QB throw an interception in his matchup vs. the Titans?
Will the Bears QB throw an interception in his matchup vs. the Titans?
Installation of Better Billy Bunker™ Liner System and New Sand to Greatly Improve the Golf ExperienceEDMOND, Okla., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Oak Tree Country Club, a member of the ClubCorp family of clubs, announces a two-phase renovation project of completely rebuilding the greenside bunkers on the club’s two courses using the Better Billy Bunker™ method, the latest trend in golf course design and construction. The West Course, phase one of the renovation project, is now complete and will be followed by the East Course, slated to be complete in early 2021, resulting in more consistent playability and aesthetically pleasing appeal that will improve the member and guest golf experience. The Better Billy Bunker method, a five-step process for each bunker, eliminates geotextile liners and instead uses a two-inch layer of local pea gravel treated with polymer – essentially creating a gravel blanket that allows water to pass through – which is then covered with USGA specifications for bunker sand. The system provides maximum drainage, resulting in less sand contamination over time and easier maintenance after inclement weather.“Oak Tree members take great pride in the club and this renovation of modernizing the bunker will create better golf experiences that allow playing much deeper into the life of the bunker, plus let our golf course maintenance team focus on other areas of the courses,” said Kevin Williams, Oak Tree Country Club general manager.The East Course and West Course, meticulously designed by legendary golf course architect Pete Dye, are renowned for their splendor and challenging play. The East Course annually serves as the site of the Oklahoma Open.Located in Edmond, approximately 15 miles north of Oklahoma City, Oak Tree Country Club is the only private country club in the metro area to offer 36 holes of golf. Oak Tree also features a wood and stone 65,000-square-foot tri-level clubhouse with grille and lounge where members can dine in-style, a bar and media area perfect for catching up on the latest news or sporting events and covered outdoor patio with a firepit. Additional amenities include a swimming pool, children’s splash pad and a 75,000-square-foot sports facility with six indoor tennis courts, six outdoor tennis courts, an indoor jogging track, fitness center, aerobics studio, racquetball court, basketball court, and additional locker rooms decked with saunas and whirlpools.As a member of the ClubCorp family, Oak Tree members also can enjoy worldwide benefits, including complimentary green fees and complimentary dining at more than 200 private clubs and special offerings at more than 700 hotels, resorts and entertainment venues.About ClubCorp Since its founding in 1957, Dallas-based ClubCorp has operated with the central purpose of Building Relationships and Enriching Lives®. The leading owner-operator of private golf and country clubs, city and stadium clubs in North America, ClubCorp is relentless in its pursuit of providing extraordinary experiences, meaningful connections, shared passions and memorable moments for its more than 430,000 members. With approximately 20,000 peak-season employees and a portfolio of over 200 owned or operated golf and country clubs, city clubs, sports clubs, and stadium clubs in 27 states, the District of Columbia and two foreign countries, ClubCorp creates communities and a lifestyle through its championship golf courses, work spaces, handcrafted cuisine, resort-style pools, tennis facilities, golf lounges, fitness centers and robust programming.ClubCorp properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); and The Metropolitan in Chicago. You can find ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at @ClubCorp.Mike Dzura Senior Marketing Manager ClubCorp | BigShots Golf P: 972.406.7821 | M: 817.308.8533
The acquirer will apparently pay a premium for the corporate communications software provider's shares.
Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell offered mirror images of the state of the US economy as it navigates the Covid-19 downturn in testimony released Monday ahead of appearances before Congress.
CHANDLER, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Microchip Technology Inc. (NASDAQ:MCHP), please note that, in paragraph one, the time of the company's presentation at the 2020 Wells Fargo TMT Summit should be 2:00 p.m. (Eastern Time). The corrected release follows:(NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 2020 Wells Fargo TMT Summit on Wednesday, December 2, 2020, at 2:00 p.m. (Eastern Time). Presenting for the Company will be Mr. Steve Sanghi, Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Wells, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website (www.sec.gov) or from commercial document retrieval services.Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.INVESTOR RELATIONS CONTACT:Deborah Wussler ……… (480) 792-7373
CAMBRIDGE, Mass., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, granted equity awards on November 30, 2020 that were previously approved by the Compensation Committee of its Board of Directors under Sarepta’s 2014 Employment Commencement Incentive Plan, as a material inducement to employment to 28 individuals hired by Sarepta in November 2020. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).The employees received, in the aggregate, options to purchase 35,770 shares of Sarepta's common stock, and in the aggregate, 15,000 restricted stock units (“RSUs”). The options have an exercise price of $140.86 per share, which is equal to the closing price of Sarepta's common stock on November 30, 2020 (the “Grant Date”). One-fourth of the shares underlying each employee’s option will vest on the one-year anniversary of the Grant Date and thereafter 1/48th of the shares underlying each employee’s option will vest monthly, such that the shares underlying the option granted to each employee will be fully vested on the fourth anniversary of the Grant Date, in each case, subject to each such employee’s continued employment with Sarepta on such vesting dates.One-fourth of the RSUs will vest yearly on each anniversary of the Grant Date, such that the RSUs granted to each employee will be fully vested on the fourth anniversary of the Grant Date, in each case, subject to each such employee’s continued employment with Sarepta on such vesting date.About Sarepta Therapeutics At Sarepta, we are leading a revolution in precision genetic medicine and every day is an opportunity to change the lives of people living with rare disease. The Company has built an impressive position in Duchenne muscular dystrophy (DMD) and in gene therapies for limb-girdle muscular dystrophies (LGMDs), mucopolysaccharidosis type IIIA, Charcot-Marie-Tooth (CMT), and other CNS-related disorders, with more than 40 programs in various stages of development. The Company’s programs and research focus span several therapeutic modalities, including RNA, gene therapy and gene editing. For more information, please visit www.sarepta.com or follow us on Twitter, LinkedIn, Instagram and Facebook. Internet Posting of Information We routinely post information that may be important to investors in the 'For Investors' section of our website at www.sarepta.com. We encourage investors and potential investors to consult our website regularly for important information about us. Source: Sarepta Therapeutics, Inc.Sarepta Therapeutics, Inc. Investors: Ian Estepan, 617-274-4052 email@example.comMedia: Tracy Sorrentino, 617-301-8566 firstname.lastname@example.org
The federal government's agriculture forecaster has predicted Australia will record its second biggest grain harvest of all-time.
Houston Texans wide receiver Will Fuller said Monday he will miss the remainder of the NFL season on a six-game suspension after testing positive for a banned performance-enhancing substance.
Jason Saab has broken down in a gut-wrenching interview about the death of school mate, Keith Titmuss.
UNITED STATES DISTRICT COURT DISTRICT OF ARIZONAIn re Taronis Technologies, Inc. Shareholder Derivative LitigationCase No. CV-19-04547-PHX-GMS LEAD CASE Consolidated with Case No. CV-19-05233-PHX-GMS NOTICE OF SHAREHOLDER DERIVATIVE ACTION, PROPOSED SETTLEMENT AND SETTLEMENT HEARING Judge: G. Murray Snow Courtroom: Room 601 TO: ALL PERSONS WHO OWNED TARONIS TECHNOLOGIES, INC., NOW KNOWN AS BBHC, INC. (“BBHC”), COMMON STOCK AS OF OCTOBER 5, 2020. PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. IT CONTAINS IMPORTANT INFORMATION ABOUT YOUR LEGAL RIGHTS. THIS NOTICE RELATES TO A PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE ACTIONS AND CLAIMS ASSERTED ON BEHALF OF BBHC (THE “ACTIONS”).IF THE COURT APPROVES THE SETTLEMENT AND DISMISSAL OF THE ACTIONS, SHAREHOLDERS OF BBHC AND BBHC WILL BE FOREVER BARRED FROM CONTESTING THE APPROVAL OF THE PROPOSED SETTLEMENT AND FROM PURSUING THE RELEASED CLAIMS.THESE ACTIONS ARE NOT “CLASS ACTIONS.” THUS, THERE IS NO COMMON FUND UPON WHICH YOU CAN MAKE A CLAIM FOR A MONETARY PAYMENT.Phoenix, AZ, Nov. 30, 2020 (GLOBE NEWSWIRE) -- On October 5, 2020, BBHC, Inc., formerly known as Taronis Technologies, Inc. (“BBHC”), in its capacity as a nominal defendant, entered into a Stipulation of Settlement (the “Stipulation”) in the above-captioned shareholder derivative actions1 filed in the U.S. District Court for the District of Arizona, styled In re Taronis Technologies, Inc. Shareholder Derivative Litigation, Case No. CV-19-04547-PHX-GMS (D. Ariz.) (“Derivative Actions”), against certain current and former directors and officers of BBHC, and against BBHC as a nominal defendant. The Stipulation executed by counsel for the Settling Parties on October 5, 2020 and the1 A derivative claim is a claim brought by a shareholder on behalf of a company, rather than on behalf of himself or herself or the other shareholders of the company. The recovery sought in a derivative action is for the benefit of the company rather than directly for individual shareholders. settlement contemplated therein (the “Settlement”), including dismissal of all claims with prejudice in the Derivative Actions, is subject to approval by the U.S. District Court for the District of Arizona (the “Court”). The proposed Settlement requires BBHC to adopt certain additional corporate governance reforms, as outlined in Exhibit A to the Stipulation, and provides for a Fee and Expense Award to Plaintiffs’ Counsel in the amount of $350,000, subject to Court approval.This notice is a summary of the Settlement only and does not describe all of the details of the Stipulation. For full details of the matters discussed in this notice, please see the full Stipulation by visiting BBHC’s website at http://www.taronistech.com, or contact Plaintiffs’ Counsel at the address listed below. All capitalized terms used in this notice, unless otherwise defined herein, are defined as set forth in the Stipulation.SummaryThe Derivative Actions alleged that the Defendants willfully or recklessly made and/or caused the Company to make false or misleading representations to the effect that the Company had entered into a contract with the City of San Diego for the sale of the Company’s metal cutting fuel. As a result of the foregoing, the Plaintiffs alleged that Defendants had breached their fiduciary duties to the Company and to its shareholders. Defendants deny each and every claim and contention alleged by Plaintiffs and also expressly deny all charges of wrongdoing or liability arising out of the allegations in the ActionsOnce the Derivative Actions were consolidated on April 13, 2020, the Parties thereafter engaged in preliminary settlement negotiations presided over telephonically by Michelle Yoshida, Esq. of Phillips ADR. Prior to the scheduled August 5, 2020 Zoom mediation date, the Parties were able to reach agreement on the substantive terms of the settlement of the Derivative Actions. The Parties memorialized their agreement as to the substantive terms of the proposed settlement in a Settlement Term Sheet on July 24, 2020. Thereafter, the Parties commenced negotiations as to a proposed Fee and Expense Award to Plaintiffs’ Counsel under the auspices of Mediator Yoshida. These fee and expense negotiations broke down at the Zoom mediation held on August 5, 2020, but continued thereafter telephonically. Eventually, the Mediator made a double-blind proposal to both Parties in an effort to break the impasse. Both Parties agreed to the Mediator’s proposal on August 26, 2020 and settled upon a proposed Fee and Expense Award of $350,000. The Stipulation was thereafter prepared by the Parties and executed by them on October 5, 2020.On November 20, 2020, the Court entered an order preliminarily approving the Stipulation and the Settlement contemplated therein and providing for notice of the Settlement (the “Preliminary Approval Order”). The Preliminary Approval Order further provides that the Court will hold a hearing (“Final Hearing”), on March 5, 2021 at 9:30 a.m. before the Honorable G. Murray Snow in Courtroom 601 of the United States District Court for the District of Arizona, Sandra Day O’Connor United States Courthouse, 401 West Washington Street, Phoenix, AZ 85003, pursuant to Federal Rule of Civil Procedure 23.1, to among other things: (i) determine whether the proposed Settlement is fair, reasonable and adequate and in the best interests of BBHC and its shareholders; (ii) consider any objections to the Settlement submitted in accordance with the Notice; (iii) determine whether a Final Judgment substantially in the form attached as Exhibit C to the Stipulation should be entered dismissing all claims in the Derivative Actions with prejudice and releasing the Released Claims against the Released Persons; (iv) consider the payment to Plaintiffs’ Counsel of attorneys’ fees and for the reimbursement of expenses as requested in the Fee and Expense Award; (v) consider the payment to Plaintiffs of Service Awards in an amount not to exceed $2,000 each, which will be funded from the Fee and Expense Award; and (vi) consider any other matters that may properly be brought before the Court in connection with the Settlement.The Court may, in its discretion, change the date and/or time of the Final Hearing without further notice to you. The Court also has reserved the right to hold the Final Hearing telephonically without further notice to you. If you intend to attend the Final Hearing, please consult the Court’s calendar and/or BBHC’s website at http://www.taronistech.com for any change in date, time or format of the Final Hearing.Any BBHC Shareholder who wishes to object to the fairness, reasonableness, or adequacy of the Settlement as set forth in the attached Stipulation, or to the proposed Fee and Expense Award and Service Awards, may file an objection. An objector must file with the Court a written statement of his, her or its objection(s): (a) clearly indicating that objector’s name, mailing address, daytime telephone number, and e-mail address (if any); (b) stating that the objector is objecting to the proposed Settlement and/or proposed Fee and Expense Award and Service Awards; (c) specifying the reason(s), if any, for each such objection made, including any legal support and/or evidence that such objector wishes to bring to the Court’s attention or introduce in support of such objection; and (d) identifying and supplying documentation showing how many shares of BBHC common stock the objector owned as of October 5, 2020, when the objector purchased or otherwise acquired such shares, and proof that the objector still owns such BBHC shares.The objector must file such objections and supporting documentation with the Clerk of the Court, U.S. District Court, District of Arizona, Sandra Day O’Connor United States Courthouse, 401 West Washington Street, Phoenix, AZ 85003, not later than twenty-one (21) days prior to the Final Hearing, and, by the same date, copies of all such papers must also be received by each of the following persons:Counsel for Plaintiff Falcone:Thomas J. McKenna GAINEY McKENNA & EGLESTON 501 Fifth Avenue, 19th Floor New York, NY 10017Counsel for Plaintiff Manley:Timothy Brown THE BROWN LAW FIRM, P.C. 240 Townsend Square Oyster Bay, New York 11771Counsel for Defendants and BBHC:Lisa Bugni KING & SPALDING LLP 50 California Street, Suite 3300 San Francisco, California 94111An objector may file an objection on his, her or its own or through an attorney hired at his, her or its own expense. If an objector hires an attorney to represent him, her or it for the purposes of making such objection pursuant to this paragraph, the attorney must effect service of a notice of appearance on the counsel listed above and file such notice with the Court no later than twenty-one (21) days before the Final Hearing. Any BBHC Shareholder who does not timely file and serve a written objection complying with the terms of this paragraph shall be deemed to have waived, and shall be foreclosed from raising, any objection to the Settlement, and any untimely objection shall be barred. Any submissions by the Parties in opposition to objections or in reply shall be filed with the Court no later than seven (7) days before the Final Hearing.Any objector who files and serves a timely, written objection in accordance with the instructions above and herein, may appear at the Final Hearing either in person or through counsel retained at the objector’s expense. Objectors need not attend the Final Hearing, however, in order to have their objections considered by the Court. Timely objectors or their attorneys intending to appear at the Final Hearing are required to indicate in their written objection (or in a separate writing submitted to the counsel listed in the preceding paragraph no later than twenty- one (21) days prior to the Final Hearing) that they intend to appear at the Final Hearing and identify any witnesses they may call to testify and exhibits they intend to introduce into evidence at the Final Hearing. Objectors or their attorneys intending to appear at the Final Hearing must also, no later than twenty-one (21) days prior to the Final Hearing, file with the Court, and serve upon counsel listed above, a notice of intention to appear, setting forth the name and address of anyone intending to appear. Any objector who does not timely file and serve a notice of intent to appear in accordance with this paragraph shall not be permitted to appear at the Final Hearing, except for good cause shown.If you are a current holder of BBHC common stock and do not take steps to appear in this action and object to the proposed Settlement, you will be bound by the Final Judgment of the Court and will forever be barred from raising an objection to such settlement in this or any other action or proceeding, and from pursuing any of the Released Claims.If you held BBHC common stock as of October 5, 2020 and continue to hold such stock, you may have certain rights in connection with the proposed Settlement. You may obtain further information by contacting Plaintiffs’ Counsel at: Thomas J. McKenna, Esq., Gainey McKenna & Egleston, 501 Fifth Avenue, 19th Floor, New York, NY 10017, Telephone: (212) 983-1300, email@example.com; or Timothy Brown, The Brown Law Firm, P.C., 240 Townsend Square, Oyster Bay, New York 11771, Telephone: (516) 922-5427, firstname.lastname@example.orgPLEASE DO NOT CALL THE COURT OR BBHC REGARDING THIS NOTICE.FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.Investor Contacts: Michael Khorassani IR@TaronisTech.com
The U.S. Environmental Protection Agency was set to miss a deadline on Monday to announce how much renewable fuel the nation's refiners must blend into their fuel mix next year, raising uncertainty in the fuel market and prompting one biofuel association to threaten to take the agency to court. Under federal law, the EPA must finalize its decision on the annual biofuel blending volume requirements it imposes on the refining industry for the next year by Nov. 30. "At this point, it likely makes more sense to let the new administration handle the 2021 RVO (Renewable Volume Obligations) rulemaking process entirely," said Geoff Cooper, the president of the Renewable Fuels Association, one of the nation's biggest biofuel industry groups.
At this time, I would like to welcome everyone to OrganiGram Holding Inc.'s fourth-quarter full-year 2020 earnings conference call. Joining me today are OrganiGram's chief executive officer, Greg Engel; chief financial officer, Derrick West; and our chief strategy officer, Paolo De Luca.
DEERFIELD, Ill., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (Nasdaq: SRGA), a leading global pure-play spine company focused on advancing spine surgery and improving patient outcomes, today announced that the management team will participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference on Thursday, December 3, 2020. A recording of the conference presentation will be available online through the investor relations page of the Company’s website at surgalign.com/investors/. The replay of the webcast will be archived on the website for approximately 90 days.About Surgalign Holdings, Inc.Surgalign Holdings, Inc. is a global medical technology company advancing the science of spine care, focused on delivering innovative solutions that drive superior clinical and economic outcomes. The company is building off a legacy of high quality and differentiated products and continues to invest in clinically validated innovation to deliver better surgical outcomes and improve patient’s lives. Surgalign markets products throughout the United States and in more than 50 countries worldwide through an expanding network of top independent distributors. Surgalign, a member of AdvaMed, is headquartered in Deerfield, IL, with commercial, innovation and design centers in San Diego, CA, Marquette, MI, and Wurmlingen, Germany. Learn more at www.surgalign.com and connect on LinkedIn and Twitter.Forward Looking StatementThis communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations, estimates and projections about our industry, our management's beliefs and certain assumptions made by our management. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties, including the risks described in public filings with the U.S. Securities and Exchange Commission (SEC). Our actual results may differ materially from the anticipated results reflected in these forward-looking statements. Copies of the company's SEC filings may be obtained by contacting the company or by visiting Surgalign's website at www.surgalign.com or the SEC's website at www.sec.govJonathon Singer Investor and Media Contact email@example.com +1 224 303 4651
Growing demand for phosphate rock as an animal feed additive is a significant factor driving the Phosphate Rock market demand.New York, Nov. 30, 2020 (GLOBE NEWSWIRE) -- The global phosphate rock market size is forecast to reach USD 43.82 Billion by 2027, according to a new report by Reports and Data. Phosphate rock find wide application in fertilizers, feed additives and chemical industries. The expansion of these industries and the demand for high crop yield would be driving factors for the phosphate rock market. Population across the globe is presently growing at a rate of about 1.05% per year. The existing average increase in population is anticipated to be 81 million people each year. The global population has increased from 3 billion in 1959 to 6 billion in 1999. It is projected that it will take another approximately 40 years to grow by another 50% to reach 9 billion by the year 2037. This trend indicates a growing demand for food products worldwide. Food demand is likely to increase in the range of 59.0% to 98.0% by 2050. One of the ways this demand could be met by improving productivity on existing agricultural lands by use of phosphate-based fertilizers and fungicides.Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/3695The COVID-19 impact:The COVID-19 pandemic is having a significant impact on the phosphate rock industry. Demand for phosphate rock is suffering as various end-use markets and global supply chains have been upended, and the competitive order of manufacturers has witnessed a change. The shortage of demand has pushed the global chemical sector into an oversupply situation. Hindrance to free movement of the labor force required for the application of fertilizers in the agricultural fields has deterred the growth of the market during the COVID-19 pandemic. Movement restrictions are immediately affecting the industry, and once the compulsory social distancing ends, it is hoped that things would get back to normal conditions.Further key findings from the report suggest * Large amounts of igneous phosphate rocks are produced from the deposits mined in Russia, Finland, Brazil, the Republic of South Africa, and Zimbabwe. Igneous phosphate rocks are generally low in grade with less than 5.0% phosphorous oxide but can be upgraded to around 35.0% to more than 40.0% phosphorous oxide. * By distribution channel, the online distribution channel is projected to grow at a faster rate in the period 2020-2027, as this mode of distribution has the advantage of providing a broader exposure to the product produced by the manufacturers, especially with the proliferation of smart devices and internet connectivity. * Phosphorus in phosphate fertilizers are absorbed primarily during the vegetative growth and, subsequently, is re-translocated into seeds and fruits during reproductive stages. Phosphorous deficient plants & crops display hindered growth and often a dark green and reddish coloration. * The demand for phosphate rock in the North American region may be primarily attributed to the surging demand in the production of phosphate-based fertilizers. As per the Food and Agriculture Organization, the consumption of the phosphate-based fertilizer in the U.S. in the year 2012 was 40 million tons, and it grew to 42.5 million tons in the year 2016. * Key participants include Nutrien Limited, Hubei Xingfa Chemicals Group Co. Ltd., PhosAgro, Itafos, OCP Group, Yunnan Phosphate Haikou Co. Ltd. (YPH), The Mosaic Company, Fertoz, SC Phosphate Resources Limited, and Misr Phosphate, among others.BUY NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/3695For the purpose of this report, Reports and Data has segmented into the global phosphate rock market on the basis of deposits, distribution channel, application, and region: * Deposits Outlook (Revenue, USD Billion; 2017-2027) * Sedimentary Marine * Igneous * Metamorphic * Biogenic * Others * Distribution Channel Outlook (Revenue, USD Billion; 2017-2027) * Online * Offline * Application Outlook (Revenue, USD Billion; 2017-2027) * Fertilizers * Animal Feed * Water Treatment * OthersTo identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/phosphate-rock-market * Regional Outlook (Revenue, USD Billion; 2017-2027) * North America 1. U.S. 2. Canada * Europe 1. Germany 2. UK 3. France 4. BENELUX 5. Rest of Europe * Asia Pacific 1. China 2. Japan 3. South Korea 4. Rest of APAC * MEA 1. Saudi Arabia 2. UAE 3. Rest of MEA * Latin America 1. Brazil 2. Rest of LATAMTake a Look at our Related Reports:Agricultural Biostimulants Market Analysis By Type (Acid-based, Extract-based, Others), By Application (Soil, Foliar, Seed and Others) And Segment Forecasts, 2017-2026Potash Fertilizers Market Share, Size & Analysis, By Product Type (Potassium Chloride, Potassium Nitrate, Sulfate of Potash), By Mode of Application (Foliar, Broadcasting, Fertigation), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), 2017-2027Seed Treatment Market Size, Share & Demand, By Type (Chemical Seed Treatment, Biological Seed Treatment), By Crop Type, By Application Technique, By Function And By Region, Forecasts To 2027Biopesticides Market Size, Share & Analysis, By Product Type (Bioherbicides, Bioinsecticides, Bionematicides), By Crop Type, By Mode of Application, By Source, By Formulation, And By Region, Forecasts To 2027Phosphate Fertilizer Market Demand, Share & Outlook, By Product Type (Superphosphate, Monoammonium Phosphate, Diammonium Phosphate), By Application, By Distribution Channel And By Region, Forecasts To 2027About Reports and DataReports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.Contact Us:John WHead of Business DevelopmentReports And Data | Web: www.reportsanddata.comDirect Line: +1-212-710-1370E-mail: firstname.lastname@example.orgLinkdIn | Twitter | BlogsLinkdIn | Twitter | BlogsRead full Press Release: https://www.reportsanddata.com/press-release/global-phosphate-rock-market CONTACT: Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: email@example.com LinkdIn | Twitter | BlogsLinkdIn | Twitter | Blogs
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, NEW ZEALAND, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE MAY BE UNLAWFUL, WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES Press ReleaseStockholm, 30 November 2020Sinch announces the completion of a directed new share issue of 3,187,736 shares, raising approx. SEK 3.3 billion, and larger shareholders’ sale of existing shares to a fund managed by SB ManagementStockholm, Sweden – Sinch AB (publ) – XSTO: SINCHSinch AB (publ) (“Sinch” or the “Company”) has, in accordance with the Company’s press release earlier today on 30 November 2020 and based on the authorization granted by the annual general meeting on 15 May 2020, resolved on a directed issue of 3,187,736 new shares at a subscription price of SEK 1,050 per share (the “Share Issue”), corresponding to (i) a discount of approximately 5 percent in relation to the volume weighted average share price for the Company’s share on Nasdaq Stockholm on 30 November 2020, and (ii) a premium of approximately 1 percent in relation to the closing price for the Company’s share on Nasdaq Stockholm on 27 November 2020. The proceeds from the Share Issue amounts to approximately SEK 3.3 billion before issue costs. The subscription price has been determined through an accelerated bookbuilding process performed by the joint bookrunners Carnegie and Handelsbanken Capital Markets (the “Joint Bookrunners”). The Share Issue was significantly oversubscribed and a large number of Swedish and international institutional investors participated in the Share Issue. In addition, a fund managed by SB Management, a 100 percent owned direct subsidiary of SoftBank Group Corp, (“SB Management”), has, in accordance with its previous commitment, subscribed for 1,200,000 shares in the Share Issue. In connection with the Share Issue, and due to strong demand, certain larger shareholders, including several co-founders (the “Selling Shareholders”), have sold 5,200,000 existing shares in the Company to SB Management (the “Sell-down”), meaning that SB Management will hold in total 6,400,000 shares, corresponding to approximately 10.1 percent of the shares and votes in the Company following the Share Issue and the Sell-down. The Company will not receive any proceeds from the Sell-down.Share IssueThe board of directors of the Company has, based on the authorization granted by the annual general meeting on 15 May 2020, and in accordance with the Company’s press release earlier today on 30 November 2020, resolved on the Share Issue.The Share Issue comprises a total of 3,187,736 new shares. The subscription price in the Share Issue was set at SEK 1,050 per share, corresponding to (i) a discount of approximately 5 percent in relation to the volume weighted average share price for the Company’s share on Nasdaq Stockholm on 30 November 2020, and (ii) a premium of approximately 1 percent in relation to the closing price for the Company’s share on Nasdaq Stockholm on 27 November 2020, and was determined on the basis of an accelerated book building process led by the Joint Bookrunners.SB Management has, in accordance with its previous commitment, subscribed for 1,200,000 shares in the Share Issue. The Share Issue generated a large interest and has been subscribed for by selected Swedish and international institutional investors.Through the Share Issue, the Company will raise approximately SEK 3.3 billion before issue costs. The Company intends to mainly use the proceeds from the Share Issue to increase the Company’s financial flexibility for new acquisitions. Sinch is continuously evaluating potential acquisitions. The increased financial flexibility that the Share Issue entails further strengthens the Company’s position as a relevant and competitive buyer. The Company will not receive any proceeds from the Sell-down.The Company’s board of directors’ assessment, based on the accelerated book building process executed by the Joint Bookrunners, is that the Share Issue was carried out on market terms. The reason for deviating from the shareholders’ preferential rights in the Share Issue is to, in a timely and cost efficient manner, enable the raising of capital to finance further value creating acquisitions and to broaden the Company’s shareholder base.Through the Share Issue, the number of shares and votes in the Company will increase by 3,187,736, from 59,985,934 to 63,173,670 shares and votes. The share capital will increase with SEK 318,773.60 from SEK 5,998,593.40 to SEK 6,317,367.00. The Share Issue entails a dilutive effect for existing shareholders of approximately 5 percent based on the total number of shares in the Company after the Share Issue.Sell-down and consolidation of ownershipIn connection with the Share Issue, and in order to meet the demand, the Selling Shareholders have sold a total of 5,200,000 shares to SB Management at a price of SEK 900 per share. In total, SB Management has subscribed for and acquired 6,400,000 shares in the Company, corresponding to an ownership of approximately 10.1 percent of Sinch after the Share Issue and the Sell-down. SB Management is supportive of Sinch’s future growth including through M&A. In connection with the Sell-down, SB Management has undertaken to follow the recommendations from the board of directors or the board of directors’ independent bid committee, in the event of a public takeover offer by a third party to the shareholders of Sinch.The Selling Shareholders in the Sell-down are Cantaloupe AB (owned by co-founders Robert Gerstmann, Henrik Sandell, Kristian Männik, and Björn Zethraeus); Salvis Investment Limited (owned by co-founder Johan Hedberg); Erik Fröberg; as well as Neqst D1 AB.In connection with the Sell-down, Cantaloupe AB’s and Neqst D1 AB’s ownership will be consolidated in Neqst D2 AB, which, following such consolidation, will hold approximately 17 percent of the shares and votes in the Company and become the largest shareholding entity of Sinch after the Share Issue and the Sell-down. This enables a long-term ownership in Sinch.Lock-upIn connection with the Share Issue, the Company has entered into a lock-up undertaking, with customary exceptions, regarding future share issues for a period of 90 calendar days as from today. In addition, Cantaloupe AB, Neqst D1 AB (together in the newly formed Neqst D2 AB) and Salvis Investment Limited, who after the Share Issue and Sell-down hold approximately 19 percent of the shares and votes in the Company have undertaken, with customary exceptions, not to sell any shares in the Company for a period of 90 calendar days as from today. AdvisersCarnegie and Handelsbanken Capital Markets have acted as Joint Bookrunners in connection with the Share Issue and the Sell-down. Gernandt & Danielsson has been legal advisor to the Company. Baker McKenzie has been legal advisor to the Joint Bookrunners. For further information, please contactThomas Heath Chief Strategy Officer and Head of Investor Relations Sinch AB (publ) Mobile: +46-722-45 50 55 E-mail: firstname.lastname@example.orgAbout SinchSinch brings businesses and people closer with tools enabling personal engagement. Its leading cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many of the world’s largest companies. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 30 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.This information is information that Sinch AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the above mentioned contact person, at 23:55 CET on 30 November 2020.Important informationThis press release is not and does not form a part of any offer for sale of securities in any jurisdiction, neither from the Company, the Selling Shareholders nor someone else. Copies of this communication may not be made in, and may not be distributed or sent into, the United States, Australia, Canada, Japan, South Africa, New Zealand, Hong Kong, Singapore or any other jurisdiction in which distribution of this press release would be unlawful or would require registration or other measures. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any state or other jurisdiction of the United States and, accordingly, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable state securities law. The Company or any other person does not intend to register any part of the Share Issue in the United States or to conduct a public offering of shares in the United States.The securities referred to herein have not been and will not be registered under the applicable securities laws of Canada, Japan, Australia, South Africa, New Zealand, Hong Kong or Singapore and, subject to certain exemptions, may not be offered or sold in or into or for the account or benefit of any person having a registered address in, or located or resident in, Canada, Japan, Australia, South Africa, New Zealand, Hong Kong or Singapore. There will be no public offering of the securities described herein in Canada, Japan, Australia, South Africa, New Zealand, Hong Kong or Singapore.This press release is not a prospectus for purposes of Prospectus Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 and its delegated and implemented regulations (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. The Company has not authorized any offer to the public of securities in any EEA Member State and no prospectus has been or will be prepared in connection with the Share Issue. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation.In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.Any investment decision in connection with the Share Issue and the Sell-down must be made on the basis of all publicly available information relating to the Company and the issued shares and sold existing shares. Such information has not been independently verified by the Joint Bookrunners. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not purport to identify or suggest the risks (direct or indirect) which may be associated with an investment in the Company or the new shares. The Joint Bookrunners are acting for the Company and the Selling Shareholders in connection with the transaction and no one else and will not be responsible to anyone other than the Company and Selling Shareholders for providing the protections afforded to its clients nor for giving advice in relation to the transaction or any other matter referred to hereinNone of the Company, the Joint Bookrunners, the Selling Shareholders or any of their respective affiliates directors, officers, employees, agents, affiliates or advisers is under any obligation to update, complete, revise or keep current the information contained in this press release to which it relates or to provide the recipient of with access to any additional information that may arise in connection with it, unless it is not required by law or Nasdaq Stockholm’s rule book for issuers.Forward-looking statementsThis press release contains forward-looking statements that reflect the Company's intentions, beliefs, or current expectations about and targets for the Company's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurances that they will materialize or prove to be correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this press release are free from errors and readers of this press release should not place undue reliance on the forward-looking statements in this press release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of its date and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless it is not required by law or Nasdaq Stockholm’s rule book for issuers.Information to distributors Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares in Sinch have been subject to a product approval process, which has determined that such shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, Distributors should note that: the price of the shares in Sinch may decline and investors could lose all or part of their investment; the shares in Sinch offer no guaranteed income and no capital protection; and an investment in the shares in Sinch is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Share Issue and the Sell-down. Furthermore, it is noted that, notwithstanding the Target Market Assessment, the Joint Bookrunners will only procure investors who meet the criteria of professional clients and eligible counterparties. For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares in Sinch.Each distributor is responsible for undertaking its own target market assessment in respect of the shares in Sinch and determining appropriate distribution channels.Every care has been taken into consideration when translating this press release into English. In the event of differences between the English version and the Swedish original, the Swedish version shall apply. Attachment * 20201130_Sinch_issue_complete_ENG
NEW YORK, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Collector’s Universe, Inc. (NASDAQ: CLCT) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by an investor group led by Nat Turner, D1 Capital Partners, L.P., and Cohen Private Ventures, LLC (the “Investor Group”). Click here to learn more and participate in the action.On November 30, 2020, Collector’s Universe announced that it had signed an agreement to be acquired by the Investor Group for approximately $700 million. Pursuant to the merger agreement, Collector’s Universe stockholders will receive $75.25 in cash for each share of Collector’s Universe common stock owned. The deal is scheduled to close in the first quarter of 2021.Bragar Eagel & Squire is concerned that Collector’s Universe’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Collector’s Universe’s stockholders.If you own shares of Collector’s Universe and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at email@example.com or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.Contact Information: Bragar Eagel & Squire, P.C. Melissa Fortunato, Esq. Alexandra Raymond, Esq. firstname.lastname@example.org www.bespc.com
Changing Perspectives is a 501(c)3 non profit organization, founded on the idea that school doesn’t merely serve as a typical education place Sam Drazin Speaking Social-Emotional Awareness with Changing Perspectives by Sam Drazin Essex, Vermont, Nov. 30, 2020 (GLOBE NEWSWIRE) -- It’s no secret that schools have not always been the kindest place historically for kids of all ages. Between the pressure of making friends and keeping up with trends, it’s hard to learn to fit in, and over the past decade, schools have worked tirelessly to try and create friendlier and safer environments for young kids and teens alike. With anti-drug and anti-bullying campaigns, schools have made strides at becoming warmer for kids of all shapes and sizes, but now they need to take it a step further, and Changing Perspectives has just the way to do it.Changing Perspectives is a 501(c)3 non profit organziation, founded on the idea that school doesn’t merely serve as a typical education place. Of course, basic knowledge is a staple of learning in school, but something else is learned in school, vital social-emotional concepts that help create more well-rounded youths. Empathy, inclusion, acceptance are all things that must be taught to young kids rather than being expected to know it already. While yes, home life must support this growth, schools are not and should not be exempt from teaching children how to be educated and intelligent, but kind and empathetic.There are countless differences between children in schools, and every student is different with varying needs. Founder, Sam Drazin understands the importance of knowing and understanding these differences, but not merely that. He also emphasizes that schools should actively participate in the education process regarding emotional intelligence and being inclusive. Students with disabilities especially are prone to feeling left out inadvertently, and Changing Perspectives aims to mitigate those feelings by establishing more inclusive programs at schools to help break down divides that create that disconnect. With schools being completely remote, this disconnect is severely crippling students’ ability to gain that social-emotional understanding that they would otherwise get from being in a classroom.These disconnects lead to an unfortunate isolated feeling in these students, which only stunts potential growth further. Changing Perspectives aims to eliminate and mitigate these problems by introducing programs that promote inclusivity and social education in schools. The organization offers consultations and guidance on this prospect. It boasts many successes with other schools thanks to a competent board of directors and dedicated partners, all working together and setting an example. The organization primarily focuses on ensuring that students can get that social-emotional learning experience they’ve otherwise been robbed of due to school experience restrictions due to COVID.Changing Perspectives has worked with countless schools and partner organizations to create widespread awareness and trends of highly developed programs within schools to encourage students to be more inclusive of their peers and promote a growth in the education of social-emotional elements that would otherwise be lost. These are all critical elements to their process and how they help better the schools they work with. Thanks to a dedicated team of professionals in the educational field working together to help develop these programs, Changing Perspectives not only assists schools in establishing and maintaining their programs but helps guide both faculty and students through the process. They also assist in a variety of areas such as students and parents and educators themselves and how they play a role in the process. Media Contact: Sam Drazin +1 802-356-3291 This news has been published for the above source. Changing Perspectives [ID=15517]Disclaimer: The pr is provided "as is", without warranty of any kind, express or implied: The content publisher provides the information without warranty of any kind. We also do not accept any responsibility or liability for the legal facts, content accuracy, photos, videos. if you have any complaints or copyright issues related to this article, kindly contact the provider above. Attachment * Sam Drazin Speaking
A second mysterious monolith has appeared – this time in Europe – and authorities are investigating where it came from.
Waterfront Shipping renews fleet with 8 new methanol dual-fuel vessels M/T Mari Couva Methanol Dual Fuel Vessel Launched in August 2019 and now in service as part of Waterfront Shipping’s fleetVANCOUVER, British Columbia, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Waterfront Shipping Company Ltd. (WFS), a wholly-owned subsidiary of Methanex Corporation, is pleased to announce the addition of eight new methanol dual-fuel vessels to its fleet. These vessels are part of the company’s fleet renewal program which continually replaces older vessels with newer more efficient ones strengthening its commitment to safe, responsible and reliable transport of cargo. In partnership with Marinvest/Skagerack Invest (Marinvest), Nippon Yusen Kaisha (NYK), Meiji Shipping Co., Ltd. (Meiji Shipping), KSS Line Ltd. and Mitsui O.S.K. Lines, Ltd. (MOL), these vessels will add to WFS’s existing fleet of 11 methanol-fuelled ships, which have been recognized by the marine industry for their use of clean-burning methanol as a lower emission fuel. Having surpassed more than 90,000 combined operating hours, the vessels have proven methanol as a viable marine fuel solution; it’s compliant with the most stringent emissions regulations without the need for exhaust gas after-treatment and meets IMO Tier III NOx emissions standards. As a marine fuel, methanol also reduces in-sector CO2 emissions by up to 15% when compared to conventional marine fuels.“We are proud that approximately 60 percent of our 30-ship fleet will be powered by lower emission, methanol-fuel technology upon delivery of this latest order,” said Paul Hexter, President, Waterfront Shipping Ltd. “Having operated methanol-fuelled vessels for over four years now, we know that methanol is a practical, cost-competitive and safe marine fuel for the commercial shipping industry in the post-IMO 2020 marketplace. We are excited to be expanding our methanol-fuelled fleet with these new vessels that benefit from the latest technological advances to optimize engine efficiency and performance.”The eight, 49,999 deadweight tonne vessels will be built in South Korea at Hyundai Mipo Dockyard and delivered to WFS between 2021 and 2023. Designed with the MAN second-generation B&W ME-LGIM two-stroke dual-fuel engines, the vessels can run on methanol or traditional marine fuels allowing for fuel flexibility. In addition, methanol can be produced from renewable sources offering a pathway to meet the IMO’s decarbonization goals without further investment or compatability issues with the current dual-fuel engine technology.Marinvest’s Chairman, Patrik Mossberg added, “Our first two methanol-powered ships were delivered in 2016, with an additional two delivered in 2019. We’ve had exceptional performance from the vessels during their time in operation—both in reliability and efficiency when running on methanol. As ship owners, it is important that we, at Marinvest, spread awareness across the industry of the success of methanol as a simple to adopt, cost-competitive, future-proofed marine fuel.” Methanol is one of the world’s most widely traded chemicals and is readily available at almost 90 of the top 100 ports worldwide. As a liquid fuel, established bunkering infrastructure for traditional marine fuels can easily be converted to use methanol. According to the IMO, “methanol is estimated as the fourth most significant marine fuel used and is growing.” Waterfront Shipping’s addition of new methanol-fuelled vessels will support this growing global demand.“MAN developed the ME-LGI engine concept in response to interest from the shipping world to operate on alternatives to heavy fuel oil,” said Thomas S Hansen, Head of Two-Stroke Promotion & Customer Support at MAN Energy Solutions. “The ME-LGIM dual-fuel engine operates on methanol, heavy fuel oil (HFO), marine diesel oil (MDO) or marine gas oil (MGO). When operating on methanol, the engine uses HFO, MDO or MGO as a pilot fuel, significantly reducing emissions of NOx , SOx, CO2 and PM. Any operational switch between methanol and other fuels is seamless.”About Waterfront Shipping Waterfront Shipping, a wholly-owned subsidiary of Methanex Corporation, is a global marine transportation company specializing in the safe, responsible and reliable transport of bulk chemicals and clean petroleum products to major international markets in North America, Asia Pacific, Europe and Latin America. Waterfront Shipping operates the world's largest methanol ocean tanker fleet with its fleet comprising vessels from 3,000 to 50,000 deadweight tonnes. Its fleet of 30 modern, deep sea tankers forms a seamless transportation network dedicated to keeping an uninterrupted flow of methanol moving to storage terminals and customers' plant sites around the world. For more information, please visit www.wfs-cl.com/. About Methanex Corporation Methanex is a Vancouver-based, publicly-traded company and is the world's largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Market in the United States under the trading symbol "MEOH”. Methanex can be visited online at www.methanex.com.About MAN Energy Solutions MAN Energy Solutions enables its customers to achieve sustainable value creation in the transition towards a carbon-neutral future. Addressing tomorrow’s challenges within the marine, energy and industrial sectors, we improve efficiency and performance at a systemic level. Leading the way in advanced engineering for more than 250 years, we provide a unique portfolio of technologies. Headquartered in Germany, MAN Energy Solutions employs some 14,000 people at over 120 sites globally. www.man-es.comAbout Marinvest/Skagerack Invest Marinvest is a private shipping and investment group, part owners and managers of product and chemical tankers. Holdings include investments in tankers of about 80,000 dwt, chemical tankers between 20,000 to 50,000 dwt, a developing coastal shipping company and real estate. For more information, please visit www.marinvest.se. About Nippon Yusen Kaisha (NYK) Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of the world's leading transportation companies. At the end of March 2020, the NYK Group was operating 784 major ocean vessels, as well as fleets of planes and trucks. The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York / New Jersey, Singapore, and Shanghai. In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green”, the company is promoting digitalization and green initiatives in an effort to optimize the overall supply chain and create new value in the environmental field while working to strengthen the group’s ability to ensure stable revenue and withstand business downturns — thus realizing the company’s basic philosophy of “Bringing value to life” and contributing to the betterment of societies.For more information, please visit www.nyk.com/english/group.About Meiji Shipping Co. Ltd. Meiji Shipping Co., Ltd. and its group companies are one of the largest pure tonnage providers in Japan, founded in 1911. The companies own more than 60 vessels to cover a lot of ground such as VLCC, Aframax, LR/MR, Chemical Tanker, mega-container ships, PCTC, VLGC, LNGC and various size of bulk carriers with all of them are technically managed by its in-house ship manager “MMS” and locate offices not only in Japan, but also in Singapore, the Netherlands, India and Philippines to provide successive service to customers. For more information please visit www.meiji-group.comAbout Mitsui O.S.K. Lines, Ltd. Mitsui O.S.K. Lines, Ltd., founded in 1884, is one of the top shipping companies headquartered in Tokyo, Japan. The company operates more than 900 vessels, from containerships to tramp vessels and specialized carriers for cargoes including automobiles, iron ore, coal, wood chips, crude oil, liquefied natural gas (LNG) and chemicals. For more information, please visit www.mol.co.jp/enAbout KSS Line Ltd. KSS Line Ltd. is a Korea-based shipping company founded in 1969. The Company mainly transports petrochemical products, gas and chemical cargoes, including liquefied petroleum gas (LPG), liquefied natural gas (LNG), ammonia gas, methanol, naphtha, BTX, base oil and others. For more information, please visit www.kssline.comFor further information, contact:Investor Inquiries Kim Campbell, Director, Investor Relations +1-604 661 2600 or Toll Free: 1 800 661 8851 Media InquiriesNina Ng, Manager, Global Communications +1-604 661 2600 or Toll Free: 1 800 661 8851A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c1cabe21-54e2-4ea3-a9b3-a902beaa07ae
The stock market had an amazingly strong November, and even a down day for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) wasn't enough to stop the market from enjoying great returns for the month. FuelCell Energy (NASDAQ: FCEL) saw its stock reach a new milestone, while Aurora Cannabis (NYSE: ACB) enjoyed a strong gain as investors start to look forward to 2021. FuelCell Energy finished higher by 5% on Monday.
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. "Facebook, Google to Face New Antitrust Suits in U.S." Founded in 2015, Kustomer is a customer relationship management platform that specializes in "omni-channel" relations and chatbots.