Categoría: Geovanny Vicente

Coupa Business Spend Index Reveals that Business Spend Sentiment is Gradually Improving for Third Consecutive Quarter

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below…

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below trend.

Specifically, the Coupa BSI Q1 2021 Outlook shows gradual improvement in business spend sentiment for the third consecutive quarter. This data suggests that the recovery of business spend sentiment is underway following the sharp decline noted in the Coupa BSI Q2 2020 Outlook that aligned to the start of the COVID-19 pandemic. However, businesses remain cautious about the global economic outlook and all industry sectors, with the exception of high tech, remain below trend.

Data from the past quarter shows the following year-over-year changes in business spending:

  • 96 percent decrease in business spending on air travel
  • 25 percent decrease in business spending on office supplies
  • 11.5 percent increase in business spending on technology, including hardware, software, and services
  • 22.8 percent increase in contingent workforce spend
  • 12.3 percent increase in business spending for shipping and freight

«While the Coupa BSI Q1 2021 Outlook shows modest improvement overall, a return to trend is unlikely until the number of new COVID cases reported daily has been significantly reduced,» said Jeff Collins, chief economist at Coupa. «Although government action to combat the economic consequences of the pandemic has likely mitigated the depth of the downturn, we do not expect the U.S. economy to return to ‘normal’ levels of output or employment in the next three to six months.»

Spend Sentiment by Vertical Industry:

  • Financial Services: Although below trend for the last four quarters, the sector is improving bolstered by refinancing activity, stimulative fiscal policy, and continued accommodative monetary policy by the Federal Reserve. Improved spend sentiment for Financial Services implies the sector is expected to contribute more positively to U.S. GDP growth for the next three to six months.
  • Health and Life Sciences: Spend sentiment for Health and Life Sciences declined sharply from the previous quarter. The sector has been hard hit by the resurgence of COVID-19 cases and is expected to remain below trend for the next three to six months.
  • High Tech: Confidence in the tech sector, which has remained high throughout the pandemic, is now returning to trend. Companies in this sector are expected to benefit long-term from changes brought about by the pandemic and continue to contribute positively to U.S. GDP growth for the next three to six months.
  • Manufacturing: Spend sentiment for Manufacturing rebounded but is still well below the trend line. Demand is expected to increase as vaccinations and warmer weather reduce the negative impact of the pandemic on the sector.
  • Retail: The Retail sector continues to improve but is still below trend, as uncertainty caused by layoffs and business shutdowns persist. However, stimulus checks and low interest rates are expected to mitigate the impact of the pandemic in the months to come.

To view the Coupa BSI Q1 2021 Outlook in its entirety, visit www.spendindex.com.

Disclaimer: The findings of the BSI are not necessarily indicative of trends happening with Coupa’s business.

The Coupa BSI Methodology
The Coupa BSI is an early indicator of potential economic growth based on current business spending decisions of hundreds of U.S. companies. It analyzes billions of dollars of anonymized transactions from the Coupa BSM Platform, which has cumulatively processed over $2 trillion in business spend, to measure confidence around U.S. economic growth at an aggregate level, as well as an industry level within financial services, health and life sciences, high tech, manufacturing, and retail. The index is based on three key measurements related to business spend: (1) spend volume, (2) average time to approve spend decisions, and (3) average rate of spend approval/rejection.

The Coupa BSI is normalized to a baseline value of 100, which represents the weighted composite value of the three components in the baseline reference period (July 2016). The weighting methodology is periodically updated based on recalibration of the model. This was most recently done for Q4 2020.

About Coupa Software
Coupa empowers companies around the world with the visibility and control they need to spend smarter and safer. To learn more about how Coupa can help you spend smarter, visit www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.

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SOURCE Coupa Software

ForeFront Power Announced Commercial Operation on the Largest Solar Energy Project in Kane County, Illinois

SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ — ForeFront Power, a leading developer of distributed solar and energy storage projects in the U.S., today announced commercial operation of the largest solar project in Kane County, Ill. With 7,384 panels, the 2.8-megawatt project delivers power…

SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ — ForeFront Power, a leading developer of distributed solar and energy storage projects in the U.S., today announced commercial operation of the largest solar project in Kane County, Ill. With 7,384 panels, the 2.8-megawatt project delivers power to the Mooseheart Child City and School (Mooseheart), a non-profit residential childcare facility for children and teens in need. The project created more than 44 jobs during the construction and operation phases.

The Mooseheart solar project received incentives through the state’s Adjustable Block Program (ABP), which was established by the Future Energy Jobs Act to support the development of new photovoltaic distributed generation and community solar projects in Illinois. While the program has been successful in helping generate new clean electricity in the state, the funding for the program has been exhausted and must be renewed for the state to see uninterrupted growth in the sector.

«Industries that create jobs in Illinois should stay in Illinois,» said Rep. Keith Wheeler of Illinois’ 50th district. «The Mooseheart solar project is a testament to the job creation engine that solar energy has become in our state over the past few years as a result of the Future Energy Jobs Act. The Mooseheart organization is a treasure in the Fox Valley for a long list of reasons, and their leadership of building one of the largest solar projects in our local area is just the latest example of why.»

«Since we are a non-profit organization funded through the generosity of donors, every dollar counts. We are very pleased to partner with ForeFront Power in this opportunity to demonstrate strong fiscal stewardship, and with the money saved over the next 25 years of the solar project’s life, we’ll be able to reinvest those dollars into other programs in order to better serve our youth,» said executive director of Mooseheart, Gary Urwiler. «We understand that clean air and a healthy environment are linked to a child’s potential for success, so it aligns squarely within our mission to offset 114 million pounds of carbon emissions with this energy project, directly contributing to cleaner air and a better overall environment for the young children and teens we serve every day.»

«Mooseheart Child City & School is an organization with an inspiring mission to care for and educate youth in need,» said Chris Wall, director of construction for ForeFront Power. «The ForeFront Power team was honored to build this project to help Mooseheart save money and demonstrate energy leadership.»

Mooseheart’s solar project is a single ground-mounted project sited on a 1,000-acre campus located 38 miles west of Chicago. Progressive Energy Group of Aurora, Ill., helped Mooseheart Child City and School source this clean electricity deal and oversaw the endeavor from inception to completion. SolAmerica served as ForeFront Power’s engineering, procurement, and construction (EPC) partner on the Mooseheart project.

About ForeFront Power

ForeFront Power is a leader in the United States for solar and energy storage solutions. The ForeFront Power team holds more than a decade of experience working together across nearly one gigawatt-DC (GW) of renewable electricity, spanning more than 1,300 distributed generation and community solar projects. Serving business, the public sector, and community solar customers in the U.S. and Mexico, ForeFront Power is headquartered in San Francisco, with offices in New York City and Mexico City. ForeFront Power is a wholly owned subsidiary of Mitsui & Co. Ltd., a global energy infrastructure and investment leader with a robust balance sheet and an «A» credit rating from Standard & Poor’s. For more information, visit forefrontpower.com.

About Mooseheart Child City & School

Mooseheart is a residential childcare facility, located on a 1,000-acre campus 38 miles west of Chicago. The Child City is a home for children and teens in need, from infancy through high school. Dedicated in July 1913 by the Moose fraternal organization, Mooseheart cares for youth whose families are unable, for a wide variety of reasons, to care for them. Some have lost one or both parents; others are living in environments that are simply not conducive to healthy growth and development. Whatever the reason, the men and women of the Moose, through unparalleled generosity and volunteerism, furnish the resources necessary to care for children in need. The Moose fraternity provides children with a wholesome home-like environment and the best possible training and education.

About Progressive Energy Group

Progressive Energy Group is the premier provider of energy auditing services to reduce operating costs without upfront capital spend. Our team has over 75 years of utility and energy supplier expertise leveraging proprietary methodologies to lower operating costs immediately.

 

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SOURCE ForeFront Power

American Cancer Society Announces New Diversity in Cancer Research Program – Made Permanent By a $5 Million Grant from the Elizabeth and Phill Gross Family

The fund will create a permanent umbrella to develop initiatives to support researchers of color and increase diversity in cancer research and patient care 

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The American Cancer Society today announced the Diversity in Cancer Research program, a permanent umbrella that will support the American Cancer Society’s effort to foster a more diverse scientific workforce community. This has been made possible through a generous…

The fund will create a permanent umbrella to develop initiatives to support researchers of color and increase diversity in cancer research and patient care 

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The American Cancer Society today announced the Diversity in Cancer Research program, a permanent umbrella that will support the American Cancer Society’s effort to foster a more diverse scientific workforce community. This has been made possible through a generous endowment contribution from Elizabeth and Phill Gross and their family.

American Cancer Society Logo

The initial investment will be made to launch Diversity in Cancer Research internships, which will offer biomedical cancer research internships for undergraduate students from racial and ethnic backgrounds that are underrepresented in the scientific community.   

«The American Cancer Society’s goal is to decrease the U.S. cancer death rate by an additional 40% by 2035,» said American Cancer Society Chief Executive Officer Gary Reedy. «To accomplish this ambitious plan, we must tackle the racial health disparities that exist in cancer. This includes addressing the critical need for diversity and inclusion in the scientific workforce by increasing the proportion of researchers and clinicians of color. We are so grateful to Elizabeth and Phill Gross for their generous funding of this game-changing initiative.»   

According to data from the National Institute of Health, the number of grant applications from Black and Latino scientists are very low, just 2 percent and 4 percent, respectively. This inevitably translates to fewer people of color entering career stages in cancer research. The Diversity in Cancer Research program will build on the American Cancer Society’s existing research career development grant programs by promoting the training of undergraduate students underrepresented in biomedical cancer research and encouraging the pursuit of careers that will increase diversity in cancer research.  A more diverse scientific workforce is critical to invigorating problem-solving, driving innovation, and ultimately better equipping the scientific community to address inequities that exist in cancer prevention, treatment, and care.  

«In the fight against cancer, advancements in research provide the best hope for saving millions more lives,» said Elizabeth Gross. «Phill and I believe that creating opportunities for a more diverse community of cancer researchers will not only spur innovation and ingenuity, but it will help eradicate health disparities, build trust across these various communities and advance cancer care for everyone. It is our joy to assist in this important work alongside the American Cancer Society.»

To begin, 40 internships per year for 10 years will be granted under the «American Cancer Society/Gross Family Diversity in Research Internship» name.  

In addition, an advisory committee has been formed to focus on the implementation of the internship program and lead the development of new programs under the umbrella. New programs will  include additional targeted initiatives for underrepresented students, faculty and clinicians – all aimed at increasing the diversity of the workforce in cancer research and patient care.   

Anticipated concepts that could qualify for funding under the Diversity in Cancer Research Program umbrella include specialized institutional research grants for HBCU’s and other minority-serving institutions; physician scientist clinician grants made available to people whose racial or ethnic backgrounds are underrepresented in the scientific community; and career development assistance after completion of Diversity in Research internships.  

About the American Cancer Society 
The American Cancer Society is a global grassroots force of 1.5 million volunteers dedicated to saving lives, celebrating lives, and leading the fight for a world without cancer. From breakthrough research, to free lodging near treatment, a 24/7/365 live helpline, free rides to treatment, and convening powerful activists to create awareness and impact, the Society is attacking cancer from every angle. For more information go to www.cancer.org 

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SOURCE American Cancer Society

The Home Depot to Host Fourth Quarter & Fiscal 2020 Earnings Conference Call on February 23

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

<img id="prnejpg3a4fleft" title="The Home Depot logo." border="0" alt="The Home…

ATLANTA, Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

The Home Depot logo.

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on February 23.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,296 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

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SOURCE The Home Depot

The Home Depot to Host Fourth Quarter & Fiscal 2020 Earnings Conference Call on February 23

ATLANTA, Feb. 9, 2021 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

<a…

ATLANTA, Feb. 9, 2021 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2020 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET.

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on February 23.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,296 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

 

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SOURCE The Home Depot

Surety One, Inc. and CEO Challenge Hunger in Mississippi

SAN JUAN, Puerto Rico, Feb. 9, 2021 /PRNewswire/ — According to national statistics collected in January of the present year, twenty-nine million families have reported that they have not had enough food to eat within the last seven days (Household Pulse Survey). The figure represents almost five times the reported food instability percentage reported by the U.S. Department of Agriculture prior to the pandemic. Adults in households with children were many times more likely to report lack of…

SAN JUAN, Puerto Rico, Feb. 9, 2021 /PRNewswire/ — According to national statistics collected in January of the present year, twenty-nine million families have reported that they have not had enough food to eat within the last seven days (Household Pulse Survey). The figure represents almost five times the reported food instability percentage reported by the U.S. Department of Agriculture prior to the pandemic. Adults in households with children were many times more likely to report lack of sufficient food. Per population, Mississippi is the most affected state in the United States. With the exception of the District of Columbia, Mississippi suffers the highest rate of nourishment insecure children…by far.

On the 26th of January, Surety One, Inc. delivered a monetary gift to the Mississippi Food Network to combat hunger and food insecurity affecting Mississippi families. Pursuant to Surety One, Inc.’s agreement with the Poindexter Surety charitable alliance, chief executive officer Constantin Poindexter doubled the corporate donation with his personal funds. In effort to draw attention to the current suffering of local families, Poindexter contacted the chief executives of Mississippi’s ten largest privately held businesses and urged them to consider doing the same.

Said Poindexter, «It’s unbelievable that in the most prosperous nation in the world that we have hungry kids. Nearly 75% of Mississippi children are eligible for free or reduced cost lunches which many can’t obtain as a result of COVID-related school closures. Other than terminal illnesses it’s hard to imagine many things more heartbreaking that kids going to bed hungry. It really is disgraceful. This food insecurity thing is going to be a pet project of our charitable work going forward.»

Operating since 1984, the Mississippi Food Network distributes over 1.5. million pounds of food per month. It is one of the most efficient charitable delivery vehicles of its kind, boasting a delivery of ninety-five cents of each dollar donated, to food programs.

As a member of the communities that it serves, Surety One, Inc. contributes to the relief of the sick, disabled, and less fortunate members of society. Surety One, Inc. is a supporter of the No Kid Hungry Foundation and the Feeding America initiative, and urges everyone to consider a donation to the cause of defeating food insecurity.

Surety One, Inc. is an international insurance intermediary specializing in surety bonds, domiciled in Puerto Rico and doing business in all fifty states, U.S. Virgin Islands, Canada and the Dominican Republic.  For more information call (800) 373-2804 or email 291121@email4pr.com.

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SOURCE Surety One, Inc.

Global Industrial Emission Control Systems Markets, 2021-2025 with Profiles of Leading Players | General Electric Co, Mitsubishi Heavy Industries, Johnson Matthey, Babcock & Wilcox Enterprises

DUBLIN, Feb. 9, 2021 /PRNewswire/ — The «Global…

DUBLIN, Feb. 9, 2021 /PRNewswire/ — The «Global Industrial Emission Control Systems Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)» report has been added to ResearchAndMarkets.com’s offering.

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Growing Industrial Activities, Rising Construction Activities, Escalating Infrastructure Investments

The global industrial emission control systems market has increased significantly during the years 2018-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025, tremendously.

The industrial emission control systems market is expected to increase due to growing industrial activities, rising construction activities, increase in usage of coal for power generation, increasing level of air pollution, stringent environment regulations, etc. Yet the market faces some challenges such as economic slowdown, high cost involved, etc.

The major reasons to use industrial emission control systems is to protect the human health; to prevent economic wastes; to increase worker productivity; to help in preventing climate change; and to reduce mortality levels.

The report also assesses key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global industrial emission control systems market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global industrial emission control systems market is fragmented with many major market players operating worldwide. The manufacturers of emission control systems produce different types of products to cater to the needs of various sectors.

The key players of the industrial emission control systems market are General Electric Company, Mitsubishi Heavy Industries, Ltd. (Mitsubishi Power), Johnson Matthey, and Babcock & Wilcox Enterprises, Inc. are also profiled with their financial information and respective business strategies.

Key Topics Covered:

1. Executive Summary

2. Introduction
2.1 Industrial Emission: An Overview
2.2 Industrial Emission Control Systems: An Overview
2.2.1 Benefits of Industrial Emission Control Systems
2.3 Industrial Emission Control Systems Segmentation: An Overview
2.3.1 Industrial Emission Control Systems Segmentation by Product Type
2.3.2 Industrial Emission Control Systems Segmentation by Application

3. Global Market Analysis
3.1 Global Industrial Emission Control Systems Market: An Analysis
3.1.1 Global Industrial Emission Control Systems Market by Value
3.1.2 Global Industrial Emission Control Systems Market by Product Type (Electrostatic Precipitators, Catalytic Systems, Fabric Filters, Scrubbers, Cyclone Separators, and Others)
3.1.3 Global Industrial Emission Control Systems Market by Region (Asia-Pacific, North America, Europe Latin America, and Middle East & Africa)
3.2 Global Industrial Emission Control Systems Market: Product Type Analysis
3.2.1 Global Electrostatic Precipitators Industrial Emission Control Systems Market by Value
3.2.2 Global Catalytic Industrial Emission Control Systems Market by Value
3.2.3 Global Fabric Filters Industrial Emission Control Systems Market by Value
3.2.4 Global Scrubbers Industrial Emission Control Systems Market by Value
3.2.5 Global Cyclone Separators Industrial Emission Control Systems Market by Value
3.2.6 Global Others Industrial Emission Control Systems Market by Value

4. Regional Market Analysis
4.1 Asia-Pacific Industrial Emission Control Systems Market: An Analysis
4.1.1 Asia-Pacific Industrial Emission Control Systems Market by Value
4.1.2 Asia-Pacific Industrial Emission Control Systems Market by Region (China and Rest of Asia-Pacific)
4.1.3 China Industrial Emission Control Systems Market by Value
4.1.4 Rest of Asia-Pacific Industrial Emission Control Systems Market by Value
4.2 North America Industrial Emission Control Systems Market: An Analysis
4.2.1 North America Industrial Emission Control Systems Market by Value
4.2.2 North America Industrial Emission Control Systems Market by Region (The US and Rest of North America)
4.2.3 The US Industrial Emission Control Systems Market by Value
4.2.4 Rest of North America Industrial Emission Control Systems Market by Value
4.3 Europe Industrial Emission Control Systems Market: An Analysis
4.3.1 Europe Industrial Emission Control Systems Market by Value
4.3.2 Europe Industrial Emission Control Systems Market by Region (Germany, France and Rest of Europe)
4.3.3 Germany Industrial Emission Control Systems Market by Value
4.3.4 France Industrial Emission Control Systems Market by Value
4.3.5 Rest of Europe Industrial Emission Control Systems Market by Value
4.4 Latin America Industrial Emission Control Systems Market: An Analysis
4.4.1 Latin America Industrial Emission Control Systems Market by Value
4.5 Middle East & Africa Industrial Emission Control Systems Market: An Analysis
4.5.1 Middle East & Africa Industrial Emission Control Systems Market by Value

5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Air Quality
5.1.2 Impact of COVID-19 on Industrial Emission Control Systems Industry

6. Market Dynamics
6.1 Growth Driver
6.1.1 Growing Industrial Activities
6.1.2 Rising Construction Activities
6.1.3 Increase in Usage of Coal for Power Generation
6.1.4 Increasing Level of Air Pollution
6.1.5 Stringent Environment Regulations
6.2 Challenges
6.2.1 Economic Slowdown
6.2.2 High Cost Involved
6.3 Market Trends
6.3.1 Escalating Infrastructure Investments
6.3.2 Technological Advancements

7. Competitive Landscape
7.1 Global Industrial Emission Control Systems Market Players: A Financial Comparison
7.2 Global Industrial Emission Control Systems Market Players by Research & Development (R&D) Expenses

8. Company Profiles
8.1 General Electric Company
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Mitsubishi Heavy Industries, Ltd. (Mitsubishi Power)
8.3 Johnson Matthey
8.4 Babcock & Wilcox Enterprises, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/27nuyj

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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SOURCE Research and Markets

Sasol reuses wax from spent catalysts as part of commitment to responsible production and consumption

JOHANNESBURG, Feb. 9, 2021 /PRNewswire/ — In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts.

Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax, thereby reducing waste volumes by as much as 50 percent. The creation of 30 new jobs associated with the process has added a…

JOHANNESBURG, Feb. 9, 2021 /PRNewswire/ — In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts.

Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax, thereby reducing waste volumes by as much as 50 percent. The creation of 30 new jobs associated with the process has added a social benefit to the environmental and economic advantages.

«We are gaining environmental and economic benefits from the reduction in landfill volumes and recovery of saleable product,» said Steve Radley, Sasol Vice President: Wax and Solvents, Energy Operations.

«We are also supporting the development of small and medium-sized enterprises (SMEs) through established government funding institutions, which aim to promote economic growth and industrial development in the surrounding community.»

Founder of GrnCat Holdings, Dr. Jan Reynhardt, added: «Since the start-up of our wax recovery plant three years ago, we have been constantly optimising our processes. We have been able to increase our capacity by 60 per cent to 400 tons per month of clean wax.»

Radley said Sasol has prioritised four relevant SDGs, including SDG12 which is responsible production and consumption, to ensure that the business is environmentally, socially and economically sustainable.

«The collaboration with GrnCat is a pleasing success story for Sasol, GrnCat, the surrounding community and the environment. It also demonstrates our commitment to continuous improvement and to making sustainability a reality,» he added.

Issued by:
Sasol Media Relations

In South Africa:
Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256 
Mobile: +27 (0) 82 773 9457
matebello.motloung@sasol.com

Alex Anderson, Senior Manager: Group External Communication
Direct telephone: +27 (0) 10 344 6509 
Mobile: +27 (0) 71 600 9605
alex.anderson@sasol.com

In Germany:
Torsten Titze
Manager Digital Communications
Sasol Chemicals
torsten.titze@de.sasol.com

About Sasol:

Sasol is a global integrated chemicals and energy company spanning 30 countries. Through our talented people, we use selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally.

About Sasol’s Information Privacy Policy:

We wish to inform you about the processing of your Personal Information by Sasol South Africa Limited and your rights under applicable data protection law, as interpreted and included in Sasol Information Privacy Policy.

Within our company, only Sasol Group Media Relations will receive your Personal Information to fulfil the purpose of maintaining the relationship with the receiver in his/her capacity as a member of the media. You have the right to request for the correction or deletion of your Personal Information stored by us at address: Sasol Place, 50 Katherine Street, Sandton in Johannesburg. You also have a right to restrict the processing of your Information. To exercise your privacy rights or find out more about Information Privacy Policy, kindly contact our Privacy Office on: privacy@sasol.com.

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SOURCE Sasol Limited

Playa Hotels & Resorts N.V. Announces Dates for Fourth Quarter 2020 Earnings Release and Conference Call

FAIRFAX, Va., Feb. 9, 2021 /PRNewswire/ — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the «Company») today announced that it plans to release its fourth quarter 2020 financial results after the market closes on Monday, March 1, 2021, with a conference call planned for Tuesday, March 2, 2021, at 10:00 a.m. Eastern Daylight Time, to discuss the results.

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FAIRFAX, Va., Feb. 9, 2021 /PRNewswire/ — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the «Company») today announced that it plans to release its fourth quarter 2020 financial results after the market closes on Monday, March 1, 2021, with a conference call planned for Tuesday, March 2, 2021, at 10:00 a.m. Eastern Daylight Time, to discuss the results.

The conference call can be accessed by dialing (888) 317-6003 for domestic participants and (412) 317-6061 for international participants.

The conference ID number is 0510922.

Additionally, interested parties may listen to a taped replay of the entire conference call commencing two hours after the call’s completion on March 2, 2021. This replay will run through March 9, 2021. The access number for a taped replay of the conference call is (877) 344-7529 or (412) 317-0088 using the following conference ID number: 10152410. There will also be a webcast of the conference call accessible on the Company’s investor relations website at investors.playaresorts.com.

About Playa Hotels & Resorts N.V.

Playa Hotels & Resorts N.V. is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations in Mexico and the Caribbean. Playa owns and/or manages a total portfolio consisting of 20 resorts (7,867 rooms) located in Mexico, Jamaica and the Dominican Republic. In Mexico, Playa owns and manages Hyatt Zilara Cancun, Hyatt Ziva Cancun, Panama Jack Resorts Cancun, Panama Jack Resorts Playa del Carmen, Hilton Playa del Carmen, Hyatt Ziva Puerto Vallarta, Hyatt Ziva Los Cabos and Capri Resort. In Jamaica, Playa owns and manages Hyatt Zilara Rose Hall, Hyatt Ziva Rose Hall, Hilton Rose Hall Resort & Spa, Jewel Grande Montego Bay Resort & Spa and Jewel Paradise Cove Beach Resort & Spa. In the Dominican Republic, Playa owns and manages the Hilton La Romana, Hyatt Ziva Cap Cana and Hyatt Zilara Cap Cana. Playa also owns two resorts in the Dominican Republic that are managed by a third party and Playa manages the Sanctuary Cap Cana, in the Dominican Republic. 

For additional information visit investors.playaresorts.com.

 

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SOURCE Playa Hotels & Resorts N.V.

Cement Industry Builds a Strong Case for Global Tyre-derived Fuel Market, Says Fairfield Market Research

LONDON, Feb. 9, 2021 /PRNewswire/ –Fairfield Market Research’s latest report studies the global tyre-derived fuel market as the world looks at turning waste to energy. The report estimates that one billion scrap tyres are generated and another four billion are added to the stockpile each year. According to the report, the global tyre-derived fuel (TDF) market was worth <span…

LONDON, Feb. 9, 2021 /PRNewswire/ –Fairfield Market Research’s latest report studies the global tyre-derived fuel market as the world looks at turning waste to energy. The report estimates that one billion scrap tyres are generated and another four billion are added to the stockpile each year. According to the report, the global tyre-derived fuel (TDF) market was worth US$365.1 Mn in 2019 and is expected to reach US$430.3 Mn by 2025. The growing sentiment towards utilizing greener energies is creating the demand for tyre-derived fuel, predict analysts.

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Economical and Affordable Characteristics to Fuel Market Growth

Tyre-derived fuel is less expensive than conventional fuel. The sheer size of the tyre waste generated on a daily basis is incentive enough for major players in this market not only to invest in the scalability but also to satiate the increasing usage in the coming years. No prerequisite of exploration makes tyre-derived fuel far more cost-effective option, state the analysts.

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@  https://www.fairfieldmarketresearch.com/report/tyre-derived-fuel-tdf-market/ 

Expanding Applications as Supplemental Fuel Improves Opportunities for Tyre-derived Fuel Market

Energy generated by tyre-derived fuel is the same as oil and about 25% more than what coal can produce. In the coming years, TDF is expected to bridge the gap between shortage of energy and increasing demand across industries. TDF serves as an excellent supplement to conventional fuels, such as wood and coal, as initiatives to turn solid waste into energy to help prevent landfilling and subsequent pollution gain prominence. Industries such as cement, paper and pulp, electric utilities and industrial boilers are using tyre-derived fuel to fulfil their energy needs while keeping carbon emissions in check.

Tyre-derived fuel serves as a suitable answer to reducing carbon emission as ash residues from TDF contain fewer metals. Thus, it supports EPA’s waste management hierarchy of reduce, reuse and recyle. As industries expand global activity and with economies getting back to normalcy, analysts anticipate that the global tyre-derived market will benefit too.

Cement Industry Sets Precedent others as It Leads with High TDF Usage

Fairfield Market Research states that the cement industry is expected to be the key end-user industry during the forecast period. Presently, the cement industry holds 50% of the global TDF market. TDF is being used to supplement primary fuel for firing cement kilns. As growing number of cement manufacturers realise tyre scraps to be as efficient as coal and less polluting, analysts anticipate the scrap tire usage, thereby demand to gain momentum. As spending on infrastructure grows, especially in the developing parts of the world, cement will be used in mammoth quantities, propelling TDF market.

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Booming Automotive Industry in Asia Pacific to Boost Regional Market

The report states that Asia Pacific tyre-derived fuel market is likely to dominate as the region routinely witnesses end-of-life tyres in landfills. Instead of burning or allowing stockpiles to grow, countries are looking at an excellent opportunity of turning scrap tyres into a sustainable fuel source. Moreover, tyre stockpiles can also be fire hazards if left unaddressed. Thus, there is an imperative need to look at tyre stockpiles with renewed perspective.

Some of the key players operating in the global tyre-derived fuel market are Tyre Disposal & Recycling, Liberty Tyre Recycling, Ragn-Sells Group, ResourceCo Pty Ltd., Reliable Tyre Disposal, Renelux Cyprus Ltd, L & S Tyre Company, Probio Energy International, Scandinavian Enviro Systems AB, Front Range Tyre Recycle, Inc., and ETR Group, Emanuel Tyre, LLC.

About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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SOURCE Fairfield Market Research