Notice: third quarter results of fiscal year ending March 31, 2021

TOKYO, Feb. 15, 2021 /PRNewswire/ — Prospect Co., Ltd., (the «Company») has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020. 

Sales improved over the same period of the previous year as a result of Glo-bels Co., Ltd. becoming a consolidated subsidiary and being added to the real estate busines in the second quarter, along with the strong performance of the renewable energy business, mainly…

TOKYO, Feb. 15, 2021 /PRNewswire/ — Prospect Co., Ltd., (the «Company») has announced third quarter results of fiscal year ending March 31, 2021 on November 11, 2020. 

Sales improved over the same period of the previous year as a result of Glo-bels Co., Ltd. becoming a consolidated subsidiary and being added to the real estate busines in the second quarter, along with the strong performance of the renewable energy business, mainly solar power generation. The Group as a whole recorded 5,855 million yen in sales, an increase of 2,738 million yen from the previous fiscal year.

Regarding net income attributable to owners of the parent company, a valuation loss of 1,952 million yen was recorded in the first quarter due to the price decline of a listed Canadian security held by the Company. A net loss of 2,407 million yen was recorded, which is lower than the same period of the previous year.

The Group has reviewed the organizational structure of the Group under the new management system after July 1, 2020. As a result, the reporting segments were reclassified from the second quarter.

The reports and announcements can be downloaded from the below link
https://www.prospectjapan.co.jp/english/5284/

Media Contact:
Chief of General Affairs
Jiro Taketani
(TEL: +81-03-3470-8411)

 

 

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SOURCE Prospect Co., Ltd

Crypto Finance Group: Why Every Bank Will Need a Crypto Asset Strategy

ZURICH, Feb. 15, 2021 /PRNewswire/ —

We live in an age of digital disruption that has accelerated over the last year. Central banks are unleashing record levels of monetary stimulus, while technology continues to rapidly reshape our global economy. It has shown us that conventional thinking will not bring the answers for what lies ahead. In the midst of this change, crypto assets are emerging as a ‘safe-haven’ asset for institutional investors looking for alternative stores of value for…

ZURICH, Feb. 15, 2021 /PRNewswire/ —

We live in an age of digital disruption that has accelerated over the last year. Central banks are unleashing record levels of monetary stimulus, while technology continues to rapidly reshape our global economy. It has shown us that conventional thinking will not bring the answers for what lies ahead. In the midst of this change, crypto assets are emerging as a ‘safe-haven’ asset for institutional investors looking for alternative stores of value for their investment portfolios.

This comes as the Crypto Finance brokerage has received the securities house licence from Swiss regulator FINMA. The timing couldn’t be better. CEO Rupertus Rothenhäuser explains why.

A new asset class is emerging – crypto assets. It is an asset class designed for the new digital age we are now entering. Bitcoin and other crypto assets have attracted retail investors and now the attention of institutional investors, who are drawn to the independence these assets enjoy from the policies of central banks and governments, and the blockchain technology shaping the future of finance.

Every bank will need a crypto asset strategy

Banks will need to both create the infrastructure for crypto assets and respond as trusted advisors to clients who are interested in investing in this asset class. This creates a challenging duality: the current financial system remains, and this new digital asset finance sector emerges. Securing the expertise of a specialised partner for trading and investing in crypto assets, and developing a digital asset strategy, is an efficient way to meet this need for innovation, in incremental steps.

Increasing regulatory clarity on crypto assets

With a new DLT law addressing crypto assets effective in February 2021, Switzerland is one of the few countries with this regulatory clarity. The securities house licence granted by FINMA to Crypto Broker AG – the brokerage firm of Crypto Finance Group – is one more step in making secure, reliable access to crypto assets possible for the finance sector.

Rupertus Rothenhäuser, CEO of the brokerage comments, «It’s now possible for banks to shape a crypto asset strategy within the regulated finance sector,» based on the full suite of crypto asset financial services the Crypto Finance Group provides professional investors. Read more: https://www.cryptofinance.ch/en/why-every-bank-will-need-a-digital-asset-strategy/  

Rupertus Rothenhaeuser, CEO, Crypto Broker AG, part of the Crypto Finance Group.

 

www.cryptofinance.ch

Photo – https://mma.prnewswire.com/media/1436704/Crypto_Finance_CEO.jpg
Logo – https://mma.prnewswire.com/media/1429543/Crypto_Finance_Logo.jpg

Press requests: Yara Ainsworth, T +41 41 552 45 31, press@cryptofinance.ch 

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SOURCE Crypto Finance AG

Maylyn & Co.’s Plant-Based Sleepwear is Comfortable, Durable and Sustainable

Canadian sleepwear brand Maylyn & Co. introduces their innovative, vegan, and luxury sleepwear that is ultra kind on the skin.

TORONTO, Feb. 14, 2021 /PRNewswire/ — Canadian sleepwear brand Maylyn & Co. is offering the ideal solution for those seeking luxury sleepwear that is not only sustainable, but durable, comfortable, and soft on the skin. Maylyn & Co. maintains a strong stance on achieving high ethical social standards that are echoed throughout the business model….

Canadian sleepwear brand Maylyn & Co. introduces their innovative, vegan, and luxury sleepwear that is ultra kind on the skin.

TORONTO, Feb. 14, 2021 /PRNewswire/ — Canadian sleepwear brand Maylyn & Co. is offering the ideal solution for those seeking luxury sleepwear that is not only sustainable, but durable, comfortable, and soft on the skin. Maylyn & Co. maintains a strong stance on achieving high ethical social standards that are echoed throughout the business model. The Vegan silk alternative, Persian Lotus silk , takes an innovative and alternative approach to animal-sourced silk that’s breathable and helps reduce sweating at night.

The company was founded in response to skin sensitivity due to synthetic materials used in clothes. These synthetic materials can be harsh on the skin, and their production involves toxic materials and waste that has significant implications for the environment.

«Let’s face it: we all die for comfy and luxe sleepwear. Knowing that the materials are plant-derived and long-lasting makes it even more pleasing for us,» says May Deldari, Founder of Maylyn & Co. «As a woman who was diagnosed with severe skin sensitivity to certain materials from a young age, I was always looking for great clothing alternatives that are not skin irritating. My biggest struggle has always been with finding breathable nightwears; because sweating at night made my condition worse.»

Starting an organic clothing line was the ideal way to inspire change that would encourage other businesses to treat employees fairly and ethically while also treating the environment with care.

Maylyn & Co. works closely with international partners and retains 100% control over every step of the production process, ensuring the highest standards of quality and attention to detail. Products are manufactured in smaller quantities to assure higher quality products, and eco-friendly solutions throughout the supply chain like plant-based fabrics and biodegradable packaging ensure Maylyn & Co. maintains a low-waste strategy in the production of all of its garments.

About Maylyn & Co.

Maylyn & Co. is a Canadian lingerie and loungewear brand offering a range of beautiful pieces that are crafted with the finest cruelty-free, green materials. The Toronto-based brand takes pride in its innovative approach in introducing an alternative to traditional animal-derived silk. Their Vegan silk ™ alternative, Persian Lotus silk ™ has a high moisture control feature that helps you reduce sweating at night and ultimately elevates your sleep quality. Being kind to Mother Nature and Quality Excellence are amongst the core values of the brand.

For press and interview opportunities please contact: press@maylynandco.com

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SOURCE Maylyn & Co.

Ellomay Capital Ltd. Announces Fulfillment of Conditions Precedent under the Conditional License of the Manara Project, including Financial Closing and Execution of EPC and O&M Agreements

TEL-AVIV, Israel, Feb. 14, 2021 /PRNewswire/ — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) Ellomay» or the «Company«), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced all conditions precedent were met under the conditional license issued to the pumped storage hydro project to be constructed in the Manara…

TEL-AVIV, Israel, Feb. 14, 2021 /PRNewswire/ — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) Ellomay» or the «Company«), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced all conditions precedent were met under the conditional license issued to the pumped storage hydro project to be constructed in the Manara Cliff, Israel (the «Manara Project«). The Company indirectly owns 83.333% of Ellomay Pumped Storage (2014) Ltd. (the «SPC«), which owns the Manara Project.

The Manara Project is projected to cost approximately NIS 1.53 billion (approximately $472 million). Amongst the conditions fulfilled is the financial closing of the long-term project finance facilities for the Manara Project (the «Project Finance«), the execution of an engineering, procurement and construction agreement (the «EPC Agreement«) and the execution of an operation and maintenance agreement (the «O&M Agreement«) for the Manara Project.

The Project Finance will be provided by a consortium of Israeli banks and institutional investors, arranged and led by Mizrahi-Tefahot Bank Ltd. The Project Finance is in the aggregate amount of NIS 1.18 billion (approximately $364 million), and includes: (i) a senior secured tranche at a fixed rate of interest (with base interest rate equal to the yield to maturity of Israeli treasury bonds with like duration of the loan), linked to the Israeli Consumer Price Index and to be repaid over a period of 19.5 years from the commercial operation date; and (ii) a subordinated secured tranche at a floating rate of interest (Bank of Israel rate plus  spread) with a slightly shorter maturity. The weighted average annual interest rate spread of the Project Finance is approximately 3.3% during the construction phase and approximately 2.5% during the commercial operation phase. The Project Finance includes customary terms in connection with early prepayment, acceleration of payments upon certain breaches and limitations on distributions. The Project Finance also includes ancillary facilities such as Standby, VAT, Guarantees and Debt Service Reserve facilities in an aggregate amount of approximately NIS 146 million (approximately $45 million). The ADSCR for default is 1.05:1.00.

75% of the SPC is owned by Ellomay Water Plants Holdings (2014) Ltd. («Ellomay Water«) and the remaining 25% are owned by Sheva Mizrakot Ltd. («Sheva«). 66.667% of Sheva is owned by Ampa Investments Ltd. («Ampa«) and the remaining 33.333% are owned by Ellomay Water. Accordingly, the Company holds (through its direct holdings in the SPC and through its holdings in Sheva) 83.333% of the Manara Project, and the remaining 16.667% of the Manara Project are held by Ampa through its holdings in Sheva. Sheva and Ellomay Water undertook to provide aggregate financing of approximately NIS 353 million (approximately $ 108.7 million), pro rata to their holdings in the Manara Project.

The Project Finance includes mandatory cash sweeps upon certain cover ratio and other events, cash sweep payments in connection with the subordinated loans and other lender protection mechanisms. In addition, the Project Finance agreement permits the shareholders of the Manara Project to withdraw a developers’ fee at the Actual Completion Date (as such term is defined in the Project Finance agreement) of the Manara Project, subject to availability of funding, provided certain cover ratios are met.

The Company and Ampa provided certain sponsor support undertakings towards the lenders commensurate with the size and complexity of the project and the length of the construction period.

In addition, the Company undertook in connection with the Project Finance to maintain control over the Manara Project and to provide customary pledges on the assets of and rights in the project. The shareholders of the SPC provided pledges over their shares, the shareholders’ loans and the shareholders’ Mezzanine loan.

The EPC Agreement was executed under a «turnkey» contract with Electra Infrastructure Ltd. («Electra Infrastructure«), one of Israel’s largest construction companies. The aggregate consideration payable to Electra Infrastructure under the EPC Agreement is expected to be approximately NIS 1.1 billion (approximately $338 million). In accordance with the EPC Agreement Voith Hydro, the world’s leading manufacturer of hydroelectric turbines («Voith Hydro«) was nominated as the subcontractor that will be providing the electro-mechanical equipment to the Manara Project. 

The O&M Agreement was executed with Mekorot Israel National Water Co., the Israeli national water company («Mekorot«), fully owned by the Israeli Government, Voith Hydro and Verbund Hydro, one of the largest hydroelectric companies in Europe with extensive expertise in the operation of hydroelectric power plants. The O&M Agreement provides that the O&M contractors will be involved in the construction process through a mobilization period and that O&M services will be provided for a twenty year period, during which Mekorot, Voith Hydro and Verbund will provide O&M services for the initial three years, with Mekorot providing O&M services exclusively for the remaining 17 years.  

The Manara Project also received the tariff approval from the Israeli Electricity Authority as well as a building permit. The construction period of the Manara Project is expected to be 62.5 months. The construction is expected to commence following receipt of the Israeli Electricity Authority’s approval that the conditions precedent were met, which is expected to be obtained in the coming weeks.

Ran Fridrich, CEO and a board member of Ellomay commented: «Ellomay Capital is pleased to report the financial closing of the Manara Project. After a long and complicated period, and under very challenging timeframes, the financing, EPC and O&M agreements were executed. The Company views this project as a substantial component of the energy storage portion of its portfolio of assets and estimates that the demand for energy storage will increase. Pumped storage is the most proven, efficient and green storage technology in existence. In addition, pumped storage represents the lowest land footprint compared to its storage abilities. The project is expected to have a long operating period with low operating costs. The Company would like to thank all of the individuals involved with the project, mostly the Company’s employees and advisors who have worked tirelessly in a very challenging period and assisted the Company in reaching this achievement.»

About Ellomay Capital Ltd.

Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol «ELLO». Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe and Israel.

To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy and Spain, including:

  • Approximately 7.9MW of photovoltaic power plants in Spain and a photovoltaic power plant of approximately 9 MW in Israel;
  • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 860MW, representing about 6%-8% of Israel’s total current electricity consumption;
  • 51% of Talasol, which is involved in a project to construct a photovoltaic plant with a peak capacity of 300MW in the municipality of Talaván, Cáceres, Spain;
  • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million (with a license to produce 7.5 million) Nm3 per year, respectively;
  • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel.

For more information about Ellomay, visit http://www.ellomay.com.

Information Relating to Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements.  The use of certain words, including the words «estimate,» «project,» «intend,» «expect,» «believe» and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including all of the risks relating to projects under development and the impact of the Covid-19 pandemic on the Company’s operations and projects, including in connection with steps taken by authorities in countries in which the Company operates, changes in the market price of electricity and in demand, regulatory changes, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, and technical and other disruptions in the operations or construction of the power plants owned by the Company. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Kalia Weintraub
CFO
Tel: +972 (3) 797-1111
Email: hilai@ellomay.com

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SOURCE Ellomay Capital Ltd.

Roving Blue Announces its Second Production Run of the GO3™ Water Bottle, the World’s First Self-cleaning Water Bottle

LENA, Wis., Feb. 13, 2021 /PRNewswire-PRWeb/ — Roving Blue® is announcing its second production run of the GO3™ water bottle, the world’s first self-cleaning water bottle. It uses the Power of EO3™, dissolved ozone, which is the strongest oxidant that can safely be used in…

LENA, Wis., Feb. 13, 2021 /PRNewswire-PRWeb/ — Roving Blue® is announcing its second production run of the GO3™ water bottle, the world’s first self-cleaning water bottle. It uses the Power of EO3™, dissolved ozone, which is the strongest oxidant that can safely be used in water purification*. This pod makes all suspect water safer to drink and has been proven in independent laboratory tests to be highly effective against viruses and bacteria like salmonella, and E. Coli – it even destructs chlorine. Ozone is more powerful than chlorine, yet reverts quickly to oxygen. Buyers of the next 50 units can expect their 3D manufactured product within four weeks with a limited time retail pricing of $199.

Sneak Peek Video

Produced in Wisconsin, the GO3™ Water Bottle pod is the popular Nalgene® 32 oz/1 liter water bottle.

«This is absolutely ground-breaking technology, what UV light was ten years ago,» says CEO Marianna «Yana» DeMyer, and the pod can purify up to 60 liters of water before recharging the internal battery is needed.

*Water Quality Association, «Ozone for POU, POE and Small Water System Water Treatment Applications,» Lisle, IL 1999

About Roving Blue:

Roving Blue® is proud to be building advanced, portable water purification systems that harness «The Power of EO3™», electrolytic ozone, for use around the world. EO3 is the most advanced way to make aqueous ozone, a disinfectant that is more powerful than chlorine, yet quickly reverts to oxygen. Roving Blue®, based in Wisconsin, USA, has been building and selling these devices since 2014.

Media Contact

Meli Lussier, Roving Blue, Inc., 8432590010, meli@rovingblue.com

Twitter, Facebook

 

SOURCE Roving Blue, Inc.

Key House Committee Approves Direct Fiscal Assistance for American Cities

WASHINGTON, Feb. 12, 2021 /PRNewswire/ — Today the House Committee on Oversight and Reform approved a package of funding that includes $350 billion in direct fiscal assistance to states, local governments, territories and tribes. The legislation is the Committee’s contribution to the larger Biden COVID rescue plan, which has made helping American cities a priority. Securing these critical resources for cities has also been the top priority for the U.S. Conference of…

WASHINGTON, Feb. 12, 2021 /PRNewswire/ — Today the House Committee on Oversight and Reform approved a package of funding that includes $350 billion in direct fiscal assistance to states, local governments, territories and tribes. The legislation is the Committee’s contribution to the larger Biden COVID rescue plan, which has made helping American cities a priority. Securing these critical resources for cities has also been the top priority for the U.S. Conference of Mayors (USCM).

All across America, in cities big and small, mayors are confronting enormous budget deficits as a direct result of the coronavirus pandemic. To date, most cities have received no direct funding to help mitigate the increased costs and falling revenue stemming from the crisis. As a result, cities have been forced to make layoffs, furlough workers, and cut essential services. The funding approved by the committee today will be critical to helping cities, residents, and the American economy recover.

This legislation will now be combined with other pieces of the Biden plan at the House Budget Committee before the entire package is voted on by the full House of Representatives. Celebrating this important step, USCM President Louisville Mayor Greg Fischer released the following statement:

«Mayors everywhere thank Chairwoman Maloney and members of the committee for recognizing the tremendous challenge facing American cities. From the start of this crisis, local leaders have been fighting on the frontlines to defeat this virus, but the cost has been enormous. The severe budget crunch created by this pandemic has contributed to more than one million state and local jobs being lost, including police, firefighters, and teachers. To build back better we must have strong cities that can drive our recovery. No city could have been prepared for the costs of this pandemic, and we are grateful to President Biden for supporting the local governments that have been supporting relief efforts on the ground. We still have a long way to go, and I urge Chairman Yarmuth and the Budget Committee to act quickly on the next legislative stage, but this was an important step to bringing relief for cities and the people who call them home.»

About the United States Conference of Mayors — The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are more than 1,400 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook or follow us on Twitter.

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SOURCE U.S. Conference of Mayors

Georgia Power reminds customers to be vigilant, follow simple tips to avoid common scams

ATLANTA, Feb. 12, 2021 /PRNewswire/ — With a recent increase in reports regarding scams and fraud by criminals posing as Georgia Power employees, the company is reminding customers to be aware and follow simple tips to avoid being a target.

ATLANTA, Feb. 12, 2021 /PRNewswire/ — With a recent increase in reports regarding scams and fraud by criminals posing as Georgia Power employees, the company is reminding customers to be aware and follow simple tips to avoid being a target.

Georgia Power urges customers to be cautious when contacted by an unverified person claiming to be a Georgia Power representative. Customers should beware of deceptive caller-ID displays, official-sounding automated calls and in-person calls demanding immediate payment over the phone to avoid disconnection.

The company will never ask a customer to provide a credit card or pre-paid debit card number over the phone or request customers to pay using alternate methods like BitCoin. Additionally, the company will never send employees into the field to collect payment in person or ask a customer to pay anywhere other than an Authorized Payment Location (APL).

Additional Scam Awareness & Safety Guidance
Georgia Power also provides the following guidance to customers:

  • If an account becomes past due, Georgia Power will contact the customer via a pre-recorded message to the primary account telephone number or by letter requesting that the customer call to discuss the account.
  • If a customer receives a suspicious call from someone claiming to be from Georgia Power and demanding payment to avoid disconnection, the customer should hang up and contact the company’s official customer service line at 888-660-5890. As scammers have tried to promote the use of fraudulent 800 numbers, customers should always check to make sure they are calling the correct Georgia Power customer service line at 888-660-5890, which can be verified at www.GeorgiaPower.com/ContactUs.
  • Delete all emails that demand immediate payment or personal information or that are not from Georgia Power.
  • If an employee needs to visit a customer’s home or business for a service-related issue, they will be in uniform and present a badge with a photo, their name and Georgia Power logo. They will also be in a vehicle marked with the company’s logo.

Georgia Power continues to work with law enforcement agencies throughout the state to identify and prosecute criminals who pose as Georgia Power employees to defraud customers. Additional information about frequent scams and how the company works to protect customers is available at www.GeorgiaPower.com/Scams.

To learn more about how you can defend yourself against scammers and avoid falling victim to common mistakes, watch the company’s latest public service announcements (PSA) on the company’s YouTube channel.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America’s premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company’s promise to 2.6 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit GeorgiaPower.com and connect with the company on Facebook, Twitter and Instagram.

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SOURCE Georgia Power

El totalmente nuevo Kia K5 recibe el premio «Drivers’ Choice 2021» de MotorWeek

IRVINE, California, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — El Kia K5 fue uno de los ganadores de los premios Drivers’ Choice de MotorWeek para 2021, recibiendo el galardón en la categoría Mejor Sedán Familiar. MotorWeek, el programa automotriz de televisión con el mayor tiempo al aire, califica los mejores automóviles y camiones nuevos del año. Los editores evalúan vehículos basados en una serie de factores, teniendo en cuenta tendencias e innovaciones, valor y confiabilidad, entre…

IRVINE, California, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — El Kia K5 fue uno de los ganadores de los premios Drivers’ Choice de MotorWeek para 2021, recibiendo el galardón en la categoría Mejor Sedán Familiar. MotorWeek, el programa automotriz de televisión con el mayor tiempo al aire, califica los mejores automóviles y camiones nuevos del año. Los editores evalúan vehículos basados en una serie de factores, teniendo en cuenta tendencias e innovaciones, valor y confiabilidad, entre otros.

«Desarrollamos el nuevo K5 2021 con el objetivo de que fuera el mejor en su categoría, razón por la cual lo lanzamos con elementos exclusivos en su segmento como la caja de cambios de doble embrague húmedo», afirmó Sean Yoon, presidente y director ejecutivo de Kia Motors America y Kia Motors North America. «Es increíblemente satisfactorio saber que los respetados expertos en automóviles de MotorWeek disfruten el K5. Esto nos habla de que estamos sobre la senda correcta y nos motiva a seguir superando las expectativas».

El totalmente renovado modelo K5 del 2021 es el sedán mediano más poderoso de la marca, con motores turboalimentados en toda la línea, tracción integral disponible y un interior premium repleto de tecnología que no se aleja mucho de lo que encontraría al interior de un vehículo de lujo mucho más costoso.

«En MotorWeek elegimos el K5 como nuestro Mejor Sedán Familar para 2021 porque Kia tomó el legado de su ya excelente sedán familiar, el Optima, que durante mucho tiempo ha sido uno de los favoritos de nuestro personal para los desplazamientos rutinarios, y llevó su rendimiento total a un nuevo nivel para su categoría», comentó John Davis, creador y presentador de MotorWeek. «Para nosotros, el K5 no es solo el rediseño de un automóvil de gama media sino la reconceptualización del segmento de sedanes económicos, ya que ahora incluye un catálogo completo de lo último en tecnología personal y de seguridad, trenes motores modernos que son tanto potentes como eficientes, además de la opción de tracción en todas las ruedas, todo esto albergado en un estilo exterior e interior que trasciende su categoría de precio».

Acerca de Kia Motors America
Kia Motors America, cuya sede se encuentra en Irvine, California, sigue encabezando las encuestas de calidad y es reconocida como una de las 100 mejores marcas mundiales. Kia es el «Socio automotor oficial» de la NBA y ofrece una gama completa de vehículos que se venden a través de una red de más de 750 concesionarios en los Estados Unidos, entre los que se incluyen automóviles y SUV orgullosamente construidos en West Point, Georgia.*

Para obtener información de prensa, incluyendo fotografías, visite www.kiamedia.com. Para recibir avisos personalizados por correo electrónico sobre comunicados de prensa al momento de su publicación, suscríbase en www.kiamedia.com/us/en/newsalert.

*Los modelos Telluride, Sorento y K5 se ensamblan en los Estados Unidos con partes de los Estados Unidos y de otros países.

Fotografía: https://mma.prnewswire.com/media/1437285/Kia_K5.jpg
Logotipo: https://mma.prnewswire.com/media/812837/Kia_Motors_America_Logo.jpg

FUENTE Kia Motors America

El sedán mediano K5 y el SUV Sorento de Kia son elegidos entre los «Mejores automóviles nuevos para 2021» por Autotrader

IRVINE, California, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Dos de los modelos más recientes y populares de Kia, el sedán mediano K5 y el SUV Sorento, fueron elegidos entre los «Mejores automóviles nuevos para 2021» por Autotrader. Estos son los más recientes reconocimientos de la industria para la línea de modelos de clase mundial de Kia.

<a href="https://mma.prnewswire.com/media/1437670/K5_GT_Line_AWD.html" target="_blank"…

IRVINE, California, 12 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Dos de los modelos más recientes y populares de Kia, el sedán mediano K5 y el SUV Sorento, fueron elegidos entre los «Mejores automóviles nuevos para 2021» por Autotrader. Estos son los más recientes reconocimientos de la industria para la línea de modelos de clase mundial de Kia.

El sedán mediano K5 y el SUV Sorento de Kia son elegidos entre los "Mejores automóviles nuevos para 2021" por Autotrader

«El hecho de que dos modelos totalmente renovados, el sedán mediano K5 y el SUV Sorento, estén incluidos entre los «Mejores automóviles nuevos para 2021″ de Autotrader, es evidencia del  compromiso que tiene Kia con el diseño, la calidad y la experiencia de los propietarios», expresó Sean Yoon, presidente de Kia Motors North America y Kia Motors America. «Este último reconocimiento para la marca Kia demuestra que nuestra filosofía arraigada de fabricar sedanes deportivos y SUV potentes resuena entre los clientes y entre los expertos de Autotrader».

Autotrader elogió al K5 por su exterior llamativo y su interior espacioso y de alta tecnología. Además, las opciones de acabados de alto nivel del K5, su maniobrabilidad precisa y el nuevo aspecto renovado se destacaron como razones por las cuales el sedán mediano deportivo les resultó tan atractivo. Autotrader también resaltó que su diseño llamativo, en especial el de la versión GT, competía con el de algunos fabricantes de sedanes deportivos alemanes.

El Sorento 2021 se destacó por su capacidad de pasar de ser un SUV de presupuesto cómodo a un SUV casi de lujo al agregar solo unas cuantas opciones, y fue elogiado por sus características de maniobrabilidad, en especial en la robusta versión X-Line. Al comparar el Sorento totalmente nuevo con el galardonado Telluride, Autotrader reconoció que Kia logró capturar la esencia de su tan popular SUV en un paquete más pequeño y ágil.   

El premio a los Mejores automóviles nuevos de Autotrader busca beneficiar a un amplio número de compradores al destacar un diverso grupo de 12 vehículos. Cada vehículo en el listado de este año se seleccionó por unanimidad por todo el equipo editorial y de datos de Autotrader. Para que un vehículo sea tenido en cuenta, debe ser del año modelo actual o del siguiente y estar disponible para la venta en el momento en que se anuncian los ganadores. Los editores establecieron el precio base máximo de los vehículos a considerar en $75,000, lo que significa que cada contendor ofrece gran valor por su precio. Y no solo el valor es la máxima prioridad, los vehículos también se evalúan con base en su tecnología disponible y la experiencia de conducción gratificante o dinámica. Para ser elegido Mejor automóvil nuevo para 2021 de Autotrader, cada vehículo ganador debe obtener un puntaje de 4.0 o mayor en la tabla de 5 puntos de los editores.  

Acerca de Kia Motors America
Kia Motors America, cuya sede se encuentra en Irvine, California, sigue encabezando las encuestas de calidad y es reconocida como una de las 100 mejores marcas mundiales. Kia es el «Socio automotor oficial» de la NBA y ofrece una gama completa de vehículos que se venden a través de una red de más de 750 concesionarios en los Estados Unidos, entre los que se incluyen automóviles y SUV orgullosamente construidos en West Point, Georgia.*

Para obtener información de prensa, incluyendo fotografías, visite www.kiamedia.com. Para recibir avisos personalizados por correo electrónico sobre comunicados de prensa al momento de su publicación, suscríbase en www.kiamedia.com/us/en/newsalert.

*Los modelos Telluride, Sorento y K5 se ensamblan en los Estados Unidos con partes de los Estados Unidos y de otros países.

Kia Motors America Logo (PRNewsfoto/Kia Motors America)

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FUENTE Kia Motors America

Polyhydroxyalkanoate (PHA) Market by Type, Production Method, Application, and Region – Global Forecast to 2025

DUBLIN, Feb. 12, 2021 /PRNewswire/ — The «Global Polyhydroxyalkanoate (PHA) Market by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region – Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

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The global polyhydroxyalkanoate (PHA) market is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, growing at a CAGR of 14.2% between 2020 and 2025.

Factors such as stringent environmental laws and customer awareness will drive the polyhydroxyalkanoate (PHA) market. The major restraints for the market will be higher price of PHA as compared to the conventional polymers and performance issues related to its properties. However, the increasing scope in end-use segments and emergence of new raw materials will act as an opportunity for the market.

Short chain length is the largest type for polyhydroxyalkanoate (PHA) in 2019

Monomers can form various crystalline structures, such as short chain length monomers and medium chain length monomers .Short chain length PHA monomers consist of not more than four to ten carbon atoms. Some of the short chain length PHA monomers include Polyhydroxybutyrate (PHB), Poly-3-hydroxybutyrate (P3HB), and Polyhydroxyvalerate (PHV). The structure determines the thermal and mechanical properties of the monomers, making them suitable for the use in diversified applications, for instance, environmental-friendly plastics, for packaging and biomedical. PHA monomers can also be used to produce biofuels. The applications best suited for short chain length PHAs, such as packaging materials and carry bags.

Sugar fermentation is estimated to be the largest production method in polyhydroxyalkanoate (PHA) market between 2020 and 2025

Based on the production method, the polyhydroxyalkanoate (PHA) market has been segmented into as vegetable oil fermentation, sugar fermentation, and methane fermentation. The demand for polyhydroxyalkanoate (PHA) in this segment is mainly driven by the abundance of sugar source found in sugarcane, beet, molasses, and bagasse which can be easily consumed and converted by bacteria to produce PHA. The market in sugar fermentation is projected to witness a higher CAGR in the forecasted year because of its abundance in sugar sources.

Packaging and food services industry is projected to account for the largest share of the polyhydroxyalkanoate (PHA) market between 2020 and 2025

The packaging & food services segment is the biggest source of plastic waste in the world. Through the ecosystem the petroleum based plastic gets into the food chain which causes toxicity in the environment. It takes around thousands and thousands years to degrade. Therefore to curb this problem biodegradable plastics comes to the rescue. These biodegradable plastics degrade within 180 days in the soil. These are used in many industries such as packaging and food services, biomedical, agricultures and others. PHA plays a key role in the packaging and food services industry. The demand for PHA in this segment is expected to increase because of its increasing use in several articles, including cups, lids, food containers, and other food service products. The rising environmental concerns, along with waste management issues are the key drivers of this segment.

Europe is expected to be the largest polyhydroxyalkanoate (PHA) market during the forecast period, in terms of value and volume

Europe is projected to be the largest market for the polyhydroxyalkanoate (PHA) during the forecast period. Europe is the most promising market for bioplastics and related industries, including PHA. The European market is mostly driven by government regulations and a change in consumer behavior. The Europe market is segmented into Germany, France, Italy, UK and Rest of Europe. The Rest of Europe includes, Spain, Poland, the Czech Republic, Romania, the Benelux countries, and the Scandinavian countries.

The strict governmental law against single use plastic and increasing concerns over human health and safety are the key driving factors responsible for the market growth in the European region. The need for environment-friendly products is driving innovation in the bioplastics industry in this region. The packaging and food services industry demands single use plastics and sustainable packaging. This increases the need for bioplastics, which in turn drives the market for polyhydroxyalkanoate (PHA). Moreover there are a large number of PHA manufacturers in European region which has a huge domestic market in the region, giving this the largest market share.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in PHA Market
4.2 Europe PHA Market, by Application and Country
4.3 PHA Market, by Production Method
4.4 PHA Market, by Region
4.5 PHA Market, Region Vs Application
4.6 PHA Market Attractiveness

5 Market Overview
5.1 Introduction
5.1.1 Evolution of PHA
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Governments’ Green Procurement Policies
5.2.1.2 Vast Availability of Renewable and Cost-Effective Raw Materials
5.2.1.3 Biodegradability Driving the Consumption
5.2.1.4 Increasing Concerns for Human Health and Safety
5.2.2 Restraints
5.2.2.1 High Price Compared to Conventional Polymers
5.2.2.2 Performance Issues
5.2.3 Opportunities
5.2.3.1 Increasing Scope in End-use Segments
5.2.3.2 Emergence of New Raw Materials
5.2.3.3 Potential for Cost Reduction Through Economy of Scale
5.2.3.4 Potential for Cost Reduction by Using Cyanobacteria
5.2.3.5 Growth Opportunities in APAC
5.2.4 Challenges
5.2.4.1 Manufacturing Technology Still in Initial Phase
5.2.4.2 Under-Utilization of PHA Manufacturing Plants
5.2.4.3 Expensive and Complex Production Process
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Supply Chain Analysis
5.5 Technology Analysis
5.6 Shift in Revenue Streams due to Megatrends in End-use Industries
5.7 Connected Markets: Ecosystem
5.8 Case Studies
5.9 PHA Market: Realistic, Pessimistic, Optimistic, and Non-COVID-19 Scenarios
5.10 Average Selling Price Trend
5.11 Patent Analysis
5.12 Regulatory Landscape
5.12.1 Regulations Related to PHA Market
5.13 Trade Data Statistics
5.13.1 Import of PHA
5.13.2 Export of PHA
5.14 COVID-19 Impact
5.14.1 Introduction
5.14.2 COVID-19 Health Assessment
5.14.3 COVID-19 Economic Assessment
5.14.3.1 COVID-19 Impact on Economy – Scenario Assessment
5.15 Macroeconomic Overview and Key Trends
5.15.1 GDP Trends and Forecast
5.15.1.1 COVID-19 Impact on PHA Market

6 Sources and Processes of PHA Production
6.1 General Production Process
6.2 Sugar Substrate or Carbohydrates from Plants
6.3 Triacylglycerols
6.4 Hydrocarbons
6.5 Strain Selection
6.6 Bio-Process and Downstream Process
6.6.1 Fermentation Process
6.6.1.1 Discontinuous Process
6.6.1.1.1 Batch Process
6.6.1.1.2 Fed-Batch Process
6.6.1.1.3 Fed-Batch Process with Cell Recycling Process
6.6.1.1.4 Repeated Fed-Batch
6.6.1.2 Continuous Process
6.6.1.2.1 Continuous Fed-Batch Process
6.6.1.2.2 One-Stage Chemostat
6.6.1.2.3 Two-Stage Chemostat
6.6.1.2.4 Multi-Stage Chemostat
6.6.2 Extraction Process

7 Production Capacity Analysis

8 PHA Market, by Type
8.1 Introduction
8.2.1 Polyhydroxyvalerate (PHV)
8.2.1.1 PHV Polymers Can Form Single Crystals with Lamellar
8.2.2 P (4HB-CO-3HB)
8.2.2.1 Ratio of 4Hb and 3Hb Decides Properties of Co-Polymers
8.2.3 P (3HB-CO-3HV)
8.2.3.1 High Amount of HV Fraction Can Make Polymers More Elastic
8.2.4 Others
8.3 Medium Chain Length
8.3.1 P (Hydroxybutyrate-Co-Hydroxyoctanoate)
8.3.1.1 Nodax is the Most Common PHA
8.3.2 P (3HB-CO-3HV-CO-4HB)
8.3.2.1 Higher Mechanical Strength Making It Suitable for Medical Applications
8.3.3 Others

9 PHA Market, by Production Method
9.1 Introduction

10 PHA Market, by Application
10.1 Introduction
10.2 Packaging & Food Services
10.2.1 Packaging
10.2.1.1 Rigid Packaging
10.2.1.1.1 Rigid Packaging Segment to be Highly Impacted by PHA
10.2.1.2 Flexible Packaging
10.2.1.2.1 PHA to Replace Petroleum-Based Plastics in Flexible Packaging
10.2.1.3 Others
10.2.1.3.1 Loose-Fill
10.2.1.3.2 Compost Bags
10.2.2 Food Services
10.2.2.1 Cups
10.2.2.1.1 Biodegradable Disposable Cups Made of PHA Can Help Reduce Plastic Wastes
10.2.2.2 Trays
10.2.2.2.1 Sustainable Plastic Trays Can be Made from PHA-Based Plastics
10.2.2.3 Others
10.2.2.3.1 Containers
10.2.2.3.2 Jars
10.3 Biomedical
10.3.1 Sutures
10.3.1.1 Biodegradable Sutures with High Tensile Strength Can be Manufactured from PHA
10.3.2 Drug Release
10.3.2.1 Biocompatibility of PHA-Based Plastics is Suitable for Drug Carrier Applications
10.3.3 Others
10.4 Agriculture
10.4.1 Mulch Films
10.4.1.1 PHA-Based Mulch Films Allow Farmers to Directly Plow Fields
10.4.2 Plant Pots
10.4.2.1 Plant Pots Made of PHA Can Help Plant Growth in Initial Stages
10.4.3 Others
10.4.3.1 Bins
10.4.3.2 Chutes
10.4.3.3 Hoppers
10.5 Others
10.5.1 Wastewater Treatment
10.5.2 Cosmetics
10.5.3 Chemical Additives
10.5.4 3D Printing

11 PHA Market, by Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia-Pacific (APAC)
11.5 Rest of the World (RoW)

12 Competitive Landscape
12.1 Overview
12.2 Market Evaluation Framework
12.3 Market Share of Major Players
12.3.1 Danimer Scientific
12.3.2 Shenzhen Ecomann Biotechnology Co. Ltd
12.3.3 Kaneka Corporation
12.3.4 RWDC Industries
12.4 Ranking of Key Market Players, 2019
12.5 Competitive Benchmarking
12.6 Company Evaluation Matrix, 2019
12.6.1 Stars
12.6.2 Emerging Leaders
12.6.3 Participants
12.7 Strength of Product Portfolio
12.8 Business Strategy Excellence
12.9 Startup and Small and Medium-Sized Enterprises (SMEs) Evaluation Matrix
12.9.1 Responsive Companies
12.9.2 Dynamic Companies
12.9.3 Starting Blocks
12.10 Strength of Product Portfolio
12.11 Business Strategy Excellence
12.12 Other Key Market Players
12.12.1 CJ Cheiljedang Corp.
12.12.2 Yeild10 Bioscience
12.12.3 Earthbi
12.12.4 Biomatera Inc.
12.13 Revenue Analysis of Major Players, 2015-2019
12.14 Competitive Scenario
12.14.1 New Product Launches
12.14.2 Expansions
12.14.3 Agreements

13 Company Profiles
13.1 Danimer Scientific
13.2 Shenzhen Ecomann Biotechnology Co. Ltd.
13.3 Newlight Technologies, LLC
13.4 Kaneka Corporation
13.5 Tianan Biologic Materials Co. Ltd.
13.6 Bio-On
13.7 RWDC Industries
13.8 Bochemie
13.9 Biomer
13.10 Polyferm Canada, Inc.
13.11 Other Players
13.11.1 Tepha Inc.
13.11.2 Bluepha Co. Ltd.
13.11.3 Full Cycle Bioplastics
13.11.4 Genecis Bioindustries Inc.
13.11.5 Terraverdae Bioworks Inc.
13.11.6 Mango Materials
13.11.7 Cardia Bioplastics
13.11.8 Phabio
13.11.9 Kerhea
13.11.10 Redpod (China) Co. Ltd.
13.11.11 Tianjin Greenbio Materials Co. Ltd.

14 Adjacent & Related Markets
14.1 Introduction
14.2 Limitation
14.3 Bioplastics & Biopolymers Market
14.3.1 Market Definition
14.3.2 Market Overview
14.4 Bioplastics & Biopolymers Market, by Region
14.4.1 APAC
14.4.1.1 By Country
14.4.1.2 By End-use Industry
14.4.2 Europe
14.4.2.1 By Country
14.4.2.2 By End-use Industry
14.4.3 North America
14.4.3.1 By Country
14.4.3.2 By End-use Industry
14.4.4 Rest of the World
14.4.4.1 By Country
14.4.4.2 By End-use Industry

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal
15.3 Available Customizations

For more information about this report visit https://www.researchandmarkets.com/r/yc7uhw

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