Kiwi Energy Contributes to Hope for Haiti

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Kiwi Energy made its first contribution of 2021 to a non-profit organization working to reduce poverty in Haiti, <a target="_blank"…

NEW YORK, Feb. 9, 2021 /PRNewswire/ — Kiwi Energy made its first contribution of 2021 to a non-profit organization working to reduce poverty in Haiti, Hope for Haiti, in its continued support of this organization. Kiwi Energy is a New York and Ohio energy supply company that has established a private fund, the Ecogold Environmental Fund, which allows them to support non-profit organizations working on different sustainability and/or environmental initiatives. A contribution is allocated to the fund each time a new customer joins Kiwi Energy.

Haiti has seen high levels of deforestation over the past couple of years. This can primarily be attributed to human activity and natural disasters (including hurricanes and earthquakes), and it poses a significant threat, not just to wildlife and the environment but to the people of Haiti as well. Fruit-bearing trees have started vanishing, which has lead to food insecurity, soil erosion, and a lack of biodiversity.

Hope for Haiti’s reforestation projects include a seasoned agriculture team who works in direct alignment with communities to organize school gardens, develop nurseries for fruit-bearing tree seedlings, and plant trees to support household development. Additionally, Hope for Haiti’s school gardens have become platforms for teaching students and parents about critical cultivation techniques and best planting practices to ensure successful crops.

Kiwi Energy’s contribution will support Hope for Haiti’s pilot program – Carbon Storage Committees. The focus of the program is to help develop community infrastructure, enhanced nutrition, gardening, and reforestation. The Carbon Storage Committee will educate students, parents, and community members on proper soil conservation to improve and reforest the community and is intended to increase community participation and knowledge of agriculture and improved agricultural techniques.

«Kiwi Energy is incredibly pleased to support Hope for Haiti in their Carbon Committees initiative. We believe that education and environmental awareness are critical in creating a more sustainable future for our planet. By cultivating trained and educated local leaders who are able to share their knowledge with the greater Haitian community, Hope for Haiti will help increase environmental education and refine agriculture techniques. We’re confident the program will have a positive impact for the Haitian community.» – Nichola Clark, VP Creative Director, Kiwi Energy.

About Kiwi Energy

Kiwi Energy is an energy retailer offering innovative energy solutions for electricity and natural gas. Please visit https://kiwienergy.us/ for more information.

About Hope for Haiti

With experience running poverty alleviation programs in Haiti since 1989, Hope for Haiti has emerged as one of the most trusted non-profit organizations working to improve the quality of life for the Haitian people, particularly children, in southern Haiti. The organization’s team and network of partners provide people with better access to education, healthcare, water, and economic opportunities. Hope for Haiti is a 4-star rated charity by Charity Navigator and is a participant at the Platinum Level through the GuideStar Exchange, two leading independent evaluators recognizing the organization’s transparency and careful stewardship of donor resources. To learn more: www.hopeforhaiti.com

Media Contact
Nichola Clark
nikkiclark@rrhenergy.us

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SOURCE Kiwi Energy

One in Four Government Agencies Reported Accidental Cloud Data Leakage in 2020

IRVINE, Calif., Feb. 9, 2021 /PRNewswire/ — Netwrix, a cybersecurity vendor that makes data security easy, today announced government industry findings from its global 2021 Netwrix Cloud Data Security Report which found that detecting and resolving data…

IRVINE, Calif., Feb. 9, 2021 /PRNewswire/ — Netwrix, a cybersecurity vendor that makes data security easy, today announced government industry findings from its global 2021 Netwrix Cloud Data Security Report which found that detecting and resolving data leakage is a top security challenge for public sector organizations.

The survey found that in 2020, the most common incidents that government agencies experienced in the cloud were phishing (reported by 39% of organizations), accidental data leakage (24%) and targeted attacks on the infrastructure (22%). Data leakage was the hardest of the three to detect; 27% of organizations required days to flag it, while phishing and targeted attacks were spotted in hours or less by almost 100% of organizations. Resolving data leakage also took longer than other incidents, requiring days (32%), weeks (11%) or months (23%).

The top consequences of cloud breaches in the public sector were unplanned expenses to fix security gaps (28%), customer churn and/or loss of credibility (13%) and change in senior leadership (11%).

Most government agencies attribute their cloud security challenges to lack of IT/security staff (65%), employee negligence (59%) and lack of budget (53%). Indeed, only 24% of public organizations received extra budget for cybersecurity even though in our 2019 survey, 45% expected their budget to grow in 2020. On average, public sector organizations allocate only 14% of their cybersecurity budget to cloud security, which is the lowest result for any sector.

Other survey findings include:

  • Despite government initiatives encouraging cloud adoption and the recent increase in remote work, half of public sector organizations do not store any data in the cloud.
  • In response to the pandemic, 47% had to change their IT priorities but stick to their existing budget.
  • The top security measures government agencies are taking in response to cloud security challenges are auditing of user activity (65%), data classification (56%) and privilege attestation (53%).

«Cloud technologies may raise security concerns that make the public sector wary of leveraging the cloud to improve the services they provide. To adopt cloud technologies more confidently and with fewer risks, government agencies need solutions that deliver visibility into data, activity and risks across the cloud or hybrid environment. That way, these organizations will be able to quickly detect, prioritize and respond to threats across the IT estate,» said Ilia Sotnikov, VP of Product Management at Netwrix.

The 2021 Netwrix Cloud Data Security Report is based on feedback from 937 IT professionals worldwide who use private and public cloud services to store their data. To get the complete findings, please visit www.netwrix.com/2021_cloud_data_security_report.html.

About Netwrix

Netwrix makes data security easy, thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides. More than 10,000 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.

Founded in 2006, Netwrix has earned more than 150 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S.

For more information, visit www.netwrix.com.

CONTACT:

Erin Jones
Avista PR for Netwrix
P: 704.664.2170
E: pr@netwrix.com

 

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SOURCE Netwrix

Marriott International Expects To More Than Double All-Inclusive Portfolio In An Agreement With Sunwing Travel Group

BETHESDA, Md., Feb. 9, 2021 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is expected to propel…

BETHESDA, Md., Feb. 9, 2021 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is expected to propel Marriott into the list of top 10 global all-inclusive players by adding 19 franchised resorts totaling nearly 7,000 rooms across six destinations and more than doubling the company’s presence in the all-inclusive segment to 33 properties by 2025. The majority of the properties are expected to be converted into Marriott’s Autograph Collection by mid 2021.

«We are thrilled to work with Sunwing Travel Group and expand into two new leisure destinations – St. Lucia and Antigua,» said Tony Capuano, Group President, Global Development, Design and Operations Services, Marriott International. «Blue Diamond’s expertise in the all-inclusive segment and high-quality resorts will help ensure that these properties serve as excellent additions to the Marriott portfolio. Today’s signing is a testament to Marriott International’s scale and loyalty platform, and we look forward to providing travelers seeking an all-inclusive experience with more choices in the Caribbean and Latin America

Marriott International launched its multi-brand all-inclusive portfolio platform in August 2019 and has 9 open hotels across Costa Rica, Barbados and Mexico with an additional 5 hotels in the pipeline in Mexico, Curacao, Dominican Republic, Jamaica and Brazil. With today’s agreement, another 19 are expected to join the portfolio. The platform will provide the company’s 145 million Marriott Bonvoy members the option to earn and redeem points for the convenient, pay-one-price concept.

«We are excited to enter into this agreement with Marriott International, and introduce Blue Diamond Resorts’ portfolio of hotels to their Autograph Collection brand,» said Stephen Hunter, CEO, Sunwing Travel Group. «Our luxurious, award-winning hotels will benefit from Marriott’s world-renowned reputation and esteemed travel program, all while bolstering our mission to bring unparalleled vacation experiences to customers.»

The following resorts are anticipated to convert to the Autograph Collection:

Mexico

  • 840-room Royalton Riviera Cancun Resort & Spa
  • 343-room Hideaway at Royalton Riviera Cancun
  • 566-room Planet Hollywood Beach Resort Cancun
  • 332-room Planet Hollywood Adults Scene Cancun
  • 457-room Royalton CHIC Suites Cancun Resort & Spa

Dominican Republic

  • 730-room Royalton Bavaro Resort & Spa
  • 320-room Royalton CHIC Punta Cana Resort & Spa
  • 525-room Royalton Splash Punta Cana Resort & Spa
  • 317-room Royalton Punta Cana Resort & Casino
  • 168-room Hideaway at Royalton Punta Cana

Jamaica

  • 352-room Royalton White Sands Montego Bay
  • 228-room Royalton Blue Waters Montego Bay
  • 140-room Hideaway at Royalton Negril
  • 407-room Royalton Negril Resort & Spa

St. Lucia

  • 290-room Royalton Saint Lucia Resort & Spa
  • 166-room Hideaway at Royalton Saint Lucia

Antigua 

  • 294-room Royalton Antigua Resort & Spa

Costa Rica

  • 294-room Planet Hollywood Beach Resort Costa Rica

Multi-Brand All-Inclusive Portfolio
Given growing demand for premium and luxury all-inclusive stays, Marriott International previously announced it would leverage eight of its 30 global iconic brands in the all-inclusive category: The Ritz-Carlton, The Luxury Collection, Marriott Hotels, Westin Hotels, W Hotels, Autograph Collection, Tribute Portfolio and Delta Hotels by Marriott. Today’s agreement reflects the addition of 19 resorts into Marriott International’s Autograph Collection, a curated collection of remarkably independent hotels hand-selected for their inherent craft and distinct perspectives on design and hospitality. Guests will revel in an elevated all-inclusive leisure vacation experience with a unique design aesthetic, enriching programs and redesigned dynamic dining options, along with enhanced spa and wellness offerings.

Marriott Commitment to Clean Protocols
Hotels in the Marriott portfolio are following Marriott International’s Commitment to Clean protocols created together with leading experts in food and water safety, hygiene and infection prevention and hotel operations. These protocols include mandated mask-wearing for all associates within the hotel, and the use of electrostatic sprayers and disinfectants recommended by the Centers for Disease Control and Prevention and World Health Organization to sanitize surfaces in the hotels. In addition, the company has modified its food and beverage operational practices creating a newly designed approach to buffets and in-room dining. Measures include but are not limited to contactless and low-touch service, digital menus, pre-plated mini buffet options and a hybrid buffet with elements of self-guided service around individually plated or packaged selections. 

Note on forward-looking statements: This press release contains «forward-looking statements» within the meaning of U.S. federal securities laws, including expected additions to Marriott’s system, hotel renovations and brand conversions, our growth pipeline, demand trends for certain product types and in certain markets, and similar statements concerning possible future events or expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Quarterly Report on Form 10-Q. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19, including the location and extent of resurgences of the virus and the availability of effective treatments or vaccines; its short and longer-term impact on the demand for travel, transient and group business, and levels of consumer confidence; actions governments, businesses and individuals have taken or may take in response to the pandemic, including limiting or banning travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies, travel, and economic activity, including the duration and magnitude of COVID-19’s impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides or effective treatments or vaccines become available; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; competitive conditions in the lodging industry; relationships with clients and property owners; and the availability of capital to finance growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

IRPR#1

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,500 properties under 30 leading brands spanning 132 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

About Sunwing Travel Group
The largest integrated travel company in North America, Sunwing Travel Group is comprised of Sunwing Vacations and Vacation Express, two of the leading leisure tour operators in North America; Sunwing Airlines, Canada’s premier leisure airline; SunwingJets, a luxury private jet charter service; SellOffVacations.com and Luxe Destination Weddings, two leading travel retail businesses; NexusTours, a full-service destination management company; and Blue Diamond Resorts, the Group’s hotel management company, an innovative organization that operates popular resort brands across the Caribbean and Mexico. Since its inception in 2011, Blue Diamond Resorts has curated an impressive portfolio encompassing 45 properties, exceeding 15,000 rooms in ten countries, including the award-winning All-In Luxury® Royalton Luxury Resorts, adults-only brands Hideaway at Royalton and Royalton CHIC, Planet Hollywood Hotels and Resorts, and Mystique by Royalton. For more information on Sunwing Travel Group, please visit www.sunwingtravelgroup.com.

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SOURCE Marriott International, Inc.

MEC Investments over $18 B Projected over Next Five Years According to Dell’Oro Group

REDWOOD CITY, Calif., Feb. 9, 2021 /PRNewswire/ — According to a newly published forecast report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, Multi-Access Edge Computing (MEC) investments over $18 B in Servers and Packet Core User Plane Functions are projected over the next five years. 5G service providers (SPs) need to be cultivating the emerging enterprise market.

«The…

REDWOOD CITY, Calif., Feb. 9, 2021 /PRNewswire/ — According to a newly published forecast report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, Multi-Access Edge Computing (MEC) investments over $18 B in Servers and Packet Core User Plane Functions are projected over the next five years. 5G service providers (SPs) need to be cultivating the emerging enterprise market.

«The five-year compounded annual growth rate (CAGR) for MEC is expected to be 141 percent,» stated David Bolan, Research Director at Dell’Oro Group. «In 2020, we saw the first 5G Standalone network deployed with Public MEC and Private MEC at China Mobile. We expected more in 2020, but we are projecting a pick up in 2021 and 2022, albeit, at a slower pace than what we thought in our previous forecast.»

«The enterprise market opportunity for low-latency networks will greatly accelerate in the later years of the forecast. 5G SPs need to be cultivating the emerging opportunity or miss out on growing their revenues beyond mobile broadband,» commented Bolan. «Public Cloud SPs are expected to play a role in some fashion, and the extent of that role is dependent on the Public Cloud SPs meeting certain challenges,» added Bolan.

About the Report
Dell’Oro Group’s Multi-Access Edge Computing Advanced Research Report offers a complete overview of the market opportunity for the Infrastructure Edge to reduce latency. MEC is a new networking technology designed to capitalize on the opportunity. The market is segmented by Public MEC and Private MEC, and offers a worldwide view of the total available market in revenue and units.

The MEC Report includes Definition and Scope, Market Drivers, Use Cases, System Architecture, Vendor Ecosystem, US MEC System Deployment Model, and a 5-year MEC Revenues and Shipments Forecast for Servers and the packet core User Plane Functions.

To purchase this report, please contact us at dgsales@delloro.com.

About Dell’Oro Group
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets.  Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions.  For more information, contact Dell’Oro Group at +1.650.622.9400 or visit www.delloro.com

 

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SOURCE Dell’Oro Group

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

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

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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.

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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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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.

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