Spanish Broadcasting System, Inc. Announces Launch Of $310 Million Senior Secured Notes Offering

MIAMI, Feb. 5, 2021 /PRNewswire/ — Spanish Broadcasting System, Inc. (the «Company», «we», «us», or «SBS») announced today that it has launched an offering of $310 million in aggregate principal amount of senior secured notes due 2026 (the «Notes»). The Notes will be guaranteed on a senior secured basis by certain of the Company’s subsidiaries, and secured, subject to certain exceptions, on a first-priority basis by the Notes collateral.

The Company expects to…

MIAMI, Feb. 5, 2021 /PRNewswire/ — Spanish Broadcasting System, Inc. (the «Company», «we», «us», or «SBS») announced today that it has launched an offering of $310 million in aggregate principal amount of senior secured notes due 2026 (the «Notes»). The Notes will be guaranteed on a senior secured basis by certain of the Company’s subsidiaries, and secured, subject to certain exceptions, on a first-priority basis by the Notes collateral.

The Company expects to use the net proceeds of this offering along with cash on hand (i) to repay its 12.5% senior secured notes due 2017, (ii) along with certain other consideration, to repurchase and/or redeem all of its outstanding 10 3/4% Series B cumulative exchangeable redeemable preferred stock, $0.01 par value (the «Series B Preferred Stock») and (iii) to pay related fees and expenses.

The Notes and the related guarantees are being offered in the United States to persons reasonably believed to be «qualified institutional buyers» pursuant to Rule 144A under the Securities Act of 1933, as amended (the «Securities Act»), and to persons outside of the United States in compliance with Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

This press release is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. This press release does not constitute a redemption notice for the Series B Preferred Stock and is not an offer to purchase or a solicitation of an offer to sell the Series B Preferred Stock.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 290 affiliated stations reaching 95% of the U.S. Hispanic audience. SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico, produces a nationwide roster of live concerts and events, and owns a stable of digital properties, including La Musica, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at www.spanishbroadcasting.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. In some cases, you can identify forward-looking statements by the words «anticipate,» «believe,» «continue,» «could,» «estimate,» «expect,» «intend,» «may,» «might,» «objective,» «ongoing,» «plan,» «predict,» «project,» «potential,» «should,» «will,» or «would,» and/or the negative of these terms, or other comparable terminology intended to identify statements about the future. They appear in this press release and include statements regarding our intentions, beliefs or current expectations. These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, our substantial indebtedness and high leverage, our highly competitive industry, our ongoing response to the COVID-19 pandemic, our dependency on revenue and operating income from a limited number of markets, unpredictability of sales in the advertising industry, our ability to attract listeners, viewers and advertisers to our broadcast radio and television operations, the popularity and appeal of our content, our ability to maintain and renew distribution agreements, impact from tax reform and any new tax legislation, our ability to respond to rapid changes in technology, content creation, services and standards, our ability to protect our business from cybersecurity risks, performance of key employees, on-air talent and program hosts, reputational damage to our brands and legal or governmental proceedings and regulatory and other legislative compliance, including compliance with the Federal Communications Commission. All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. We do not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

Contact:
Analysts and Investors
José I. Molina
Chief Financial Officer
(305) 441-6901

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SOURCE Spanish Broadcasting System, Inc.

Worldwide Industry for Bioplastics and Natural Fibers to 2030 – Key Market Trends and Drivers

DUBLIN, Feb. 5, 2021 /PRNewswire/ — The «The Global Market for Bioplastics and Natural Fibers to 2030» report has been added to…

DUBLIN, Feb. 5, 2021 /PRNewswire/ — The «The Global Market for Bioplastics and Natural Fibers to 2030» report has been added to ResearchAndMarkets.com’s offering.

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Government legislation, consumer trends and environmental concerns are compelling the development of bioplastics and natural fibers in markets including food packaging, automotive, building/construction, textiles, agriculture, sports & leisure and consumer goods.

Biocomposites based on these materials offer significant advantages over incumbent synthetic materials including lightweighting, sustainability and reduced carbon footprint. Natural fibers are also abundant and low-cost. The bioplastics and natural fibers market will witness good growth through to 2030, with excellent opportunities for large producers and start ups.

The report provides an in-depth analysis of the bioplastics and natural fibers market by applications and bioplastic and natural fiber type.

Report contents include:

  • Market trends and drivers in the bioplastics and natural fibers market.
  • Production estimates by bioplastics and natural fibers producers, types, market and regions.
  • Impact of COVID-19.
  • Challenges for the bioplastics and natural fibers market.
  • Advantages and disadvantages of the bioplastics and natural fibers over synthetic plastics.
  • Analysis of synthetic biopolymers market including Polylactic acid (Bio-PLA), Polyethylene terephthalate (Bio-PET), Polytrimethylene terephthalate (Bio-PTT), Polyethylene furanoate (Bio-PEF), Polyamides (Bio-PA), Poly(butylene adipate-co-terephthalate) (Bio-PBAT), Polybutylene succinate (PBS) and copolymers, Polyethylene (Bio-PE), Polypropylene (Bio-PP)
  • Analysis of naturally produced bio-based polymers including Polyhydroxyalkanoates (PHA), Polysaccharides, Microfibrillated cellulose (MFC), Cellulose nanocrystals, Cellulose nanofibers, Protein-based bioplastics, Algal and fungal.
  • Analysis of natural fibers including seed fibers (cotton, luffa), bast fibers(jute, hemp, flax, ramie, kenaf), leaf fibers (sisal, abaca). fruit fibers (banana, pineapple, coir), stalk fibers, bamboo, sugarcane, animal proteins (alternative wool, leather, silk and down).
  • Profiles of over 250 companies. Companies profiled include Ananas Anam, BASF, Bast Fiber Technologies Inc., Kelheim Fibres GmbH, BComp, Circular Systems, Evrnu, Natural Fiber Welding, Icytos, NatureWorks, Total Corbion, Danimer Scientific, Novamont, Mitsubishi Chemicals, Indorama, Braskem, Avantium, Borealis, Cathay, Dupont, Arkema, DuPont, AMSilk GmbH, Notpla, Loliware, Bolt Threads, Ecovative, Kraig Biocraft Laboratories, Spiber and many more.

Key Topics Covered:

1 AIMS AND OBJECTIVES OF THE STUDY

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY
3.1 BIOPLASTICS
3.1.1 What are bioplastics?
3.1.2 Market trends
3.1.3 Global production to 2030
3.1.4 Main producers and global production capacities
3.1.4.1 Producers
3.1.4.2 By bioplastic type
3.1.4.3 By region
3.1.5 Global demand for bioplastics 2020, by market
3.1.6 Impact of COVID-19 pandemic on the bioplastics market and future demand
3.1.7 Challenges for the biobased and sustainable plastics market
3.2 NATURAL FIBERS
3.2.1 What are natural fibers?
3.2.2 Benefits of natural fibers over synthetic
3.2.3 Markets and applications for natural fibers
3.2.4 Market drivers for natural fibers
3.2.5 Global revenues for natural fibers 2020-2030
3.2.5.1 By fiber type
3.2.5.2 By market
3.2.5.3 By region
3.2.6 Technology challenges
3.2.7 Future trends
3.2.8 COVID-19 impact

4 THE GLOBAL PLASTICS MARKET
4.1 Global production
4.2 The importance of plastic
4.3 Issues with plastics use

5 THE BIOPLASTICS MARKET
5.1 Drop-in bio-based plastics
5.2 Novel bio-based plastics
5.3 Advantages and disadvantages compared to traditional plastics
5.4 Types of Bio-based and/or Biodegradable Plastics
5.5 BIODEGRADABLE AND COMPOSTABLE PLASTICS
5.5.1 Biodegradability
5.5.2 Compostability
5.6 SYNTHETIC BIO-BASED POLYMERS
5.6.1 Polylactic acid (Bio-PLA)
5.6.1.1 Market analysis
5.6.1.2 Producers
5.6.2 Polyethylene terephthalate (Bio-PET)
5.6.2.1 Market analysis
5.6.2.2 Producers
5.6.3 Polytrimethylene terephthalate (Bio-PTT)
5.6.3.1 Market analysis
5.6.3.2 Producers
5.6.4 Polyethylene furanoate (Bio-PEF)
5.6.4.1 Market analysis
5.6.4.2 Comparative properties to PET
5.6.4.3 Producers
5.6.5 Polyamides (Bio-PA)
5.6.5.1 Market analysis
5.6.5.2 Producers
5.6.6 Poly(butylene adipate-co-terephthalate) (Bio-PBAT)
5.6.6.1 Market analysis
5.6.6.2 Producers
5.6.7 Polybutylene succinate (PBS) and copolymers
5.6.7.1 Market analysis
5.6.7.2 Producers
5.6.8 Polyethylene (Bio-PE)
5.6.8.1 Market analysis
5.6.8.2 Producers
5.6.9 Polypropylene (Bio-PP)
5.6.9.1 Market analysis
5.6.9.2 Producers
5.7 NATURAL BIO-BASED POLYMERS
5.7.1 Polyhydroxyalkanoates (PHA)
5.7.1.1 Market analysis
5.7.1.2 Commercially available PHAs
5.7.1.3 Producers
5.7.2 Polysaccharides
5.7.2.1 Microfibrillated cellulose (MFC)
5.7.2.2 Cellulose nanocrystals
5.7.2.3 Cellulose nanofibers
5.8 MARKETS FOR BIOPLASTICS
5.8.1 Packaging
5.8.2 Consumer products
5.8.3 Automotive
5.8.4 Building & construction
5.8.5 Textiles
5.8.6 Electronics
5.8.9 Agriculture and horticulture

6 THE NATURAL FIBERS MARKET
6.1 NATURAL FIBER TYPES
6.1.1 Manufacturing method, matrix materials and applications of natural fibers
6.1.2 Advantages of natural fibers
6.1.3 Plants (cellulose, lignocellulose)
6.1.3.1 Seed fibers
6.1.3.2 Bast fibers
6.1.3.3 Leaf fibers
6.1.3.4 Fruit fibers
6.1.3.5 Stalk fibers from agricultural residues
6.1.3.6 Soft and hardwoods
6.1.3.7 Cane, grasses and reed
6.1.3.8 Fresh grass (green biorefinery)
6.1.3.9 Modified natural polymers
6.1.4 Animal (fibrous protein)
6.1.4.1 Wool
6.1.4.2 Silk fiber
6.1.4.3 Leather
6.1.4.4 Down
6.2 MARKETS FOR NATURAL FIBERS
6.2.1 Composites
6.2.1.1 Market overview
6.2.1.2 Natural fiber injection moulding compounds
6.2.1.3 Non-woven natural fiber mat composites
6.2.1.4 Aligned natural fiber-reinforced composites
6.2.1.5 Natural fiber biobased polymer compounds
6.2.1.6 Natural fiber biobased polymer non-woven mats
6.2.1.7 Natural fiber biobased polymer composites
6.2.1.8 Natural fiber thermoset bioresin composites
6.2.2 Aerospace
6.2.2.1 Market overview
6.2.3 Automotive
6.2.3.1 Market overview
6.2.3.2 Applications of natural fibers
6.2.4 Building/construction
6.2.4.1 Market overview
6.2.4.2 Applications of natural fibers
6.2.5 Sports and leisure
6.2.5.1 Market overview
6.2.5.2 Composites
6.2.5.3 Sportswear
6.2.6 Textiles
6.2.6.1 Market overview
6.2.6.2 Consumer apparel
6.2.6.3 Geotextiles
6.2.6.4 Alternative leather
6.2.7 Packaging
6.2.7.1 Market overview
6.2.7.2 Food packaging
6.2.7.3 Beverage packaging
6.3 GLOBAL NATURAL FIBERS MARKET VOLUMES
6.3.1 Overall global fibers market
6.3.2 Plant-based fiber production
6.3.3 Animal-based natural fiber production

7 BIOPLASTICS COMPANY PROFILES

8 NATURAL FIBER PRODUCERS AND PRODUCT DEVELOPER PROFILES

9 REFERENCES

For more information about this report visit https://www.researchandmarkets.com/r/5lri4i

Media Contact:

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

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SOURCE Research and Markets

Club Med Ushers In 2021 By Embracing A New Era Of Travel

MIAMI, Feb. 5, 2021 /PRNewswire/ — An unprecedented 2020 was challenging for the travel industry, and also provided valuable insight into travel trends for the year ahead and beyond. Club Med, the pioneer of the all-inclusive resort concept, lends its expertise by sharing insights from the previous year and predictions for travel…

MIAMI, Feb. 5, 2021 /PRNewswire/ — An unprecedented 2020 was challenging for the travel industry, and also provided valuable insight into travel trends for the year ahead and beyond. Club Med, the pioneer of the all-inclusive resort concept, lends its expertise by sharing insights from the previous year and predictions for travel trends in 2021.

«As the leader in all-inclusive vacations, Club Med continues to innovate through this challenging time by offering our guests the best in flexibility and safety,» says Carolyne Doyon, CEO and President of Club Med North America. «We’re utilizing our thoughtful and strategic analysis of 2020 learnings and 2021 market trends to deliver on travelers’ evolving wants and needs.»

A projected return to travel
Americans have started seeing the «light at the end of the tunnel» when it comes to travel. A recent Skift Research study reported that beginning in September 2020, for the first time during the pandemic, more Americans planned to increase their travel spend over the next 12 months. The most popular destinations include beaches and coastal drive-to markets.

While domestic travel continues to be preferred by the majority of travelers, a recent study conducted by Club Med found that 56% of travelers are looking to travel by Spring/Summer 2021 with most looking forward to returning to Turks and Caicos (47%) and Mexico (31%). Club Med has also seen significant interest in travelers who are booking for the 2021 holiday season. Considered «revenge bookings,» the trend indicates a strong interest in families getting together after canceled plans this last holiday season, with advance bookings for holidays at a 17% increase versus 2019.

As Club Med anticipates seeing a return to travel to the Caribbean islands and Mexico, resorts such as Club Med Cancún, Club Med Punta Cana, Club Med Michès Playa Esmeralda and the adults-exclusive Club Med Turkoise are poised to provide travelers, whether families, couples or singles, a restorative and safe experience to escape to in 2021. Domestically, Club Med Sandpiper Bay remains the brand’s top-selling resort for those looking for an escape closer to home.

Increased interest in international travel
The pandemic spurred increased domestic travel with Americans looking for shorter escapes closer to home. Through data compiled from recent sales, Club Med Sandpiper Bay in Florida saw a substantial increase in bookings in 2020 from travelers in drive-market regions. From June to December 2020, the resort reported 40% of travelers were from Florida.

However, according to The New York Times, while interest in domestic travel is likely to continue through 2021, interest in international travel has increased since the news of the vaccine. Club Med is well equipped to meet this demand for years to come through the consistent growth of their international portfolio, marking three to five new resort openings or renovations per year, including a new Alpine ski resort annually. Each resort is constructed with a low-density layout – which is defined by low-rise buildings that are spread out across 50+ acres and respectfully integrated in their surrounding natural environments – leaving plenty of space for guests to roam freely and comfortably.

Exemplifying their eco-friendly positioning, Club Med is set to open their eco-certified Seychelles (Indian Ocean) resort in March 2021. This will be its newest Exclusive Collection luxury resort, respectfully integrated along a preserved Marine National Park. In harmony with nature, the resort will offer nature conservation experiences, like marine conservation and turtle nesting. Club Med Québec Charlevoix is also opening in December 2021, with bookings already well underway. Located just outside Québec City in Le Massif de Charlevoix region, the all-inclusive resort is Club Med’s first four-season mountain property with unparalleled waterfront views of the Saint Lawrence River, amazing year-round outdoor activity options, full ski-in/ski-out access, and spacious accommodations. Club Med anticipates seeing a high level of bookings from Americans, as the resort is easy for them to get to and more cost-effective than a do-it-yourself ski vacation – for example, a 7-night do-it-yourself ski vacation for a family of 4 to Whistler would cost approx. $9,900; while at Club Med Québec Charlevoix, a similar vacation would cost $4,500.

Working remotely with extended stays
Travelers have shown an appetite for escaping the pandemic restrictions at home and extending their stays at all-inclusive resorts where they can work or study remotely while also relaxing. In June 2020 Club Med Sandpiper Bay in Florida reported a 9% increase in bookings for «short week» getaways – meaning a 4 to 5-night reservation during the week rather than the traditional long weekend getaway. According to the Skift Megatrends report, the pandemic and the rise of remote work will likely further blur the lines between business and leisure travel. A significant hike in the length of stay in vacation rentals highlights how travelers have been looking at other places to stay and work during the pandemic. Club Med is adapting to this trend by setting up Workation, a hybrid stay between working remotely and a vacation with the all-inclusive service à la Club Med. This remote work and learn option has been available at Club Med Sandpiper Bay since October 2020, delivering adults and children the tools they need to work remotely, including: premium wi-fi, dedicated workspaces (or free to roam and setup beachside!) and printer access. Club Med is looking to launch the concept in additional resorts soon.

Low-density resorts with safety protocols
Travelers will continue taking increased precautions to protect themselves from COVID-19 and expect the travel industry to provide them with peace of mind by offering increased safety precautions. Worldwide, Club Med’s Safe Together program has established a range of enhanced health and safety protocols that include protective face coverings for staff, hand sanitizer available throughout the resort, deep cleaning and frequent sanitizing of surfaces and facilities, social distancing, capped resort capacity, increased amount of already-existent single plated foods in main dining area buffets, and temperature checks on arrival and periodically during the stay. All Club Med properties in Florida, the Caribbean, and Mexico are POSI-Check certified, receiving recognition from Cristal for the Prevention of the Spread of Infection.

Travelers will also continue seeking destinations surrounded by nature, offering a variety of safe outdoor experiences. All of Club Med’s global resorts, including those in Florida, the Caribbean, and Mexico, meet this demand as they are low in density, spread across 50 acres of land and wide stretches of beaches, creating a sense of privacy and freedom. Each resort features multiple low-rise buildings that are only three stories high, sitting just below the treetops. To further accommodate social distancing practices, dining tables and lounge chairs throughout the resorts are more spaced out with an increased amount of outdoor seating, and activities and entertainment are also predominantly outdoors.

Contactless technology
Travel in 2021 will be more touchless than ever. A recent Booking.com study showed 64% of travelers agree that technology will be important in controlling health risks when traveling and 63% say that accommodations will need to use the latest technologies to make travelers feel safe. Club Med’s Easy Arrival contactless check-in/check-out prepares guests to fully enjoy vacations immediately. From signing up children for childcare services to booking ski equipment ahead of time at Club Med’s ski properties, everything will be ready for guests as soon as they arrive at the resort. The My Club Med app also allows guests to enjoy a seamless experience from the start of their trip to the end, with options to create a personalized itinerary, preview the daily activity schedules and, at select resorts, guests can book spa appointments and order room service. Coming soon, in order to abide by the CDC’s new requirements for entry into the United States, travelers will also be able to schedule their PCR/Antigen testing.

Wellness seekers
Skift predicts travelers will continue seeking outdoor and wellness-centric destinations. An unspoiled paradise hidden in the heart of a Dominican palm grove, Club Med Michès Playa Esmeralda is the first and only resort in Michès, offering guests a sense of intimacy and personalization. Set upon 93 acres with a 2,000-foot stretch of untouched beach, the resort’s architecture seamlessly and respectfully blends into its surroundings, featuring four boutique villages with distinct concepts designed to deliver tailored experiences for various segments. This ‘resort within a resort’ concept includes: 

  • Explorer Cove, a dedicated section designed for families with activities and kids clubs nearby
  • Caribbean Paradise, the alluring heart of the resort surrounded by lush tropical gardens and colorful décor designed for both families, couples and singles alike
  • Emerald Jungle, designed for wellness seekers with a natural Zen pool, spa, wellness bar and treetop wellness canopy
  • Archipelago, created exclusively for adults featuring floor-level oceanfront suites with private pools, outdoor showers and infinite views of the ocean just steps away

Sustainability
The pandemic has made many people aware of impacts on the environment and local communities. A Booking.com study found that more than 69% of travelers expect the travel industry to offer more sustainable options. Avid globetrotters are quickly getting behind the ‘go green’ initiative in tourism decisions and Club Med is proudly supporting the cause. In 2018, Club Med launched its Bye-Bye Plastics program, and is on track to ban single-use plastic products from bars, restaurants and rooms by 2021.

Tourism has a growing impact on the environment, which is why Club Med has always devoted itself to sustainable practices. Club Med’s Happy to Care program features a range of sustainable commitments based on values and practices which reflect sustainable development.

Club Med’s newest Exclusive Collection resort, Club Med Michès Playa Esmeralda, acts as the catalyst for Club Med’s environment-friendly positioning. Devoting its design, activities and elements to the surrounding region, the resort pays homage to the Dominican Republic’s ecological essence so guests who visit the resort can understand the natural beauty that first attracted many locals to the destination. The resort’s eco-chic concept is based on five core pillars: agriculture, immersion, waste management, energy and people. 

Sustainability is at the heart of the resort with special programs and initiatives, including:  

  • No single-use plastics in the resort
  • Locally sourced coffee and cacao products in the resort’s Coffee House, in partnership with local farmers
  • Employee uniforms are created out of recycled plastic bottles (currently more than 200,000+ bottles have been recycled for this initiative)
  • Programs have been implemented to provide more than 900 locals with language, vocational, and hospitality skill trainings
  • Strict eco-friendly certifications from the best in the industry: BREEAM certification for the construction process, and Green Globe certification for the operations
  • Solar panel project – an estimated 45,000 square feet of solar panels are being installed in the resort to generate renewable energy
  • Programs to stimulate the local economy are underway via various farming development projects to increase the efficiency, quality and demand for local farmers
  • In-resort plant nursery currently houses 30,000+ new plants, and more than 2,000 trees were preserved or re-planted during the construction process
  • Family environmental workshops offer interactive, fun and educational sessions for parents and children to learn about the environment together and participate in hands-on gardening activities

Flexible travel options
According to the United States Tour Operators Association, the most frequently asked question by travelers who made new bookings this fall was regarding cancellation or refund policies. Flexible booking policies are anticipated to continue into 2021 and beyond. To ensure added flexibility and peace of mind for travelers, Club Med offers:

  • Free Cancellation Policy: For new bookings made on or after May 18, 2020, guests can receive a full refund should they need to cancel their stay (up to 15 days prior to the anticipated travel date) for stays on or prior to December 16, 2021.
  • Emergency Assistance Program: All guests traveling before December 31, 2022 will receive coverage for emergency medical expenses during their stay, including those related to COVID-19.
  • PCR + Rapid Antigen Testing: As required for re-entry into the United States from international destinations, Club Med offers complimentary Rapid Antigen COVID-19 tests either on-site or off-site (dependent on the resort). PCR testing is also available at an additional cost.

Full details on the above policies can be found here. For resort images, please visit this link.

About Club Med 
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, offering approximately 70 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children’s programs, gourmet dining, and warm and friendly service by its world-renown staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds. 

Club Med operates in more than 30 countries and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new Alpine ski resort annually. 

For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on FacebookTwitterInstagram and YouTube

MEDIA CONTACT
QUINN PR
clubmed@quinn.pr

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SOURCE Club Med

IPL announces agreement to acquire solar project in Clinton County

INDIANAPOLIS, Feb. 5, 2021 /PRNewswire/ — Indianapolis Power & Light Company (IPL), a subsidiary of the AES Corporation (NYSE: AES), today announced an agreement to acquire a 195 megawatt solar project. Expected to be completed in 2023, the solar project will be located in Clinton County, Ind., and

INDIANAPOLIS, Feb. 5, 2021 /PRNewswire/ — Indianapolis Power & Light Company (IPL), a subsidiary of the AES Corporation (NYSE: AES), today announced an agreement to acquire a 195 megawatt solar project. Expected to be completed in 2023, the solar project will be located in Clinton County, Ind., and Invenergy will develop the project and manage construction. Once operating, the solar facility will generate enough electricity to power more than 30,000 homes. The acquisition agreement is subject to approval from the Indiana Utility Regulatory Commission.

«IPL has a long history of providing safe, reliable and affordable electric service to our customers,» said Kristina Lund, IPL President and CEO. «Our investment in solar energy allows us to diversify our electric generation portfolio, while still reliably serving our customers.»

Through its recent Integrated Resource Plan, IPL identified a need for new generation resources to serve our customers’ needs. An extensive process which included an all-source request for proposals led IPL to Chicago-based Invenergy, a leading global developer and operator of sustainable energy solutions with extensive experience in solar generation.

In addition to providing affordable, renewable energy and diversifying IPL’s portfolio, the solar project will create 200 temporary construction jobs and provide landowners in the area lasting economic benefits.

«The recent advancements in digital technologies and renewable energy give our customers a wide variety of options when it comes to how they power their homes and businesses,» said Lund. «Gone are the days when customers had to choose between reliability, affordability and sustainability. Now they can have all three, and this solar project is a great example of how IPL can help our customers achieve their most important personal and business objectives.» 

Construction on the project is expected to begin in the fall of 2021 and reach commercial operation in 2023.

About Indianapolis Power & Light Company (IPL)
Indianapolis Power & Light Company (IPL), an AES Company, provides retail electric service to more than 490,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County. During its long history, IPL has supplied its customers with some of the lowest-cost, most reliable power in the country. For more information about the company, please visit IPLpower.com  or connect at twitter.com/IPLpowerfacebook.com/IPLpower or linkedin.com/company/IPLpower.

About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com.

About Invenergy
We are innovators building a sustainable world. Invenergy and its affiliated companies develop, own, and operate large-scale sustainable energy generation and storage facilities in the Americas, Europe and Asia. Invenergy’s home office is located in Chicago, and it has regional development offices in the United States, Canada, Mexico, Colombia, Japan, Poland and Scotland. Invenergy has successfully developed more than 25,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, natural gas power generation facilities, and advanced energy storage projects as well as transmission infrastructure. For more information, please visit www.invenergy.com.

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SOURCE AES CORP.

Milliman analysis: Corporate pension funded ratio climbs to 89.8% in January

SEATTLE, Feb. 5, 2021 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.

In January, corporate pension funding improved by $39 billion thanks to a 16-point increase in the monthly discount rate, from December’s 2.46% to 2.62% as of January 31. As a result, the funded…

SEATTLE, Feb. 5, 2021 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.

In January, corporate pension funding improved by $39 billion thanks to a 16-point increase in the monthly discount rate, from December’s 2.46% to 2.62% as of January 31. As a result, the funded status deficit dropped to $196 billion at month’s end, the first time it has dipped below $200 billion in over a year. Meanwhile, the market value of assets dropped by $7 billion for the month, the result of a -0.21% investment loss. Overall the funded ratio for the Milliman PFI plans climbed from 88.1% at the end of December 2020 to 89.8% as of January 31.

«Over the past four months, we’ve seen the funded ratio for these plans climb steadily upward,» said Zorast Wadia, author of the Milliman 100 PFI. «January’s discount rate bump was good news for corporate pensions, especially coming on the heels of last quarter’s $70 billion funded status improvement.»

Looking forward, under an optimistic forecast with rising interest rates (reaching 3.17% by the end of 2021 and 3.77% by the end of 2022) and asset gains (10.5% annual returns), the funded ratio would climb to 104% by the end of 2021 and 123% by the end of 2022.  Under a pessimistic forecast (2.07% discount rate at the end of 2021 and 1.47% by the end of 2022 and 2.5% annual returns), the funded ratio would decline to 84% by the end of 2021 and 77% by the end of 2022.

To view the complete Pension Funding Index, go to www.milliman.com/pfi. To see the 2020 Milliman Pension Funding Study, go to www.milliman.com/pfs. To receive regular updates of Milliman’s pension funding analysis, contact us at pensionfunding@milliman.com.

About Milliman
Milliman is among the world’s largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.  For further information, visit milliman.com.

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SOURCE Milliman, Inc.

Decentralized Neutrino Energy is the Key to Human Freedom

BERLIN, Feb. 5, 2021 /PRNewswire/ — Steady access to electrical energy is necessary to maintain our modern technological lifestyles. Going off the grid has traditionally been synonymous with «roughing it,» but the Neutrino Energy Group hopes to make off-grid living unprecedentedly luxurious with new, decentralized…

BERLIN, Feb. 5, 2021 /PRNewswire/ — Steady access to electrical energy is necessary to maintain our modern technological lifestyles. Going off the grid has traditionally been synonymous with «roughing it,» but the Neutrino Energy Group hopes to make off-grid living unprecedentedly luxurious with new, decentralized energy technologies.

The Contemporary Energy Grid Keeps Us Enslaved

Like a vast, insidious spiderweb, the fossil-fuel energy grid has snaked its tendrils into every aspect of modern life. Disconnecting yourself from the grid entails countless hardships, but staying connected passively supports the rapacious worldwide progress of petroleum-fueled ecological, social, and economic destruction.

Existing decentralized energy technologies simply aren’t up to the task of supporting modern, high-tech lifestyles. With greater access to decentralized energy human beings could live free of the grid without giving up their 21st-century amenities.

Decentralized Neutrino Energy Will Enable Unprecedented Freedom

Neutrinovoltaic devices will soon be capable of generating enough electricity to supplement energy derived from propane, photovoltaic cells, and other forms of off-grid energy sources. Since neutrino energy devices deliver a steady flow of electricity regardless of the time of day or environmental conditions, they can keep batteries topped off at night and pick up the slack from solar panels on cloudy days.

As neutrinovoltaic devices increase in capacity, they will be able to provide ever-greater portions of the electricity required for high-tech, off-grid living. Less cumbersome and finicky than photovoltaic cells, neutrino energy devices are easy to transport and set up in new locations, making nomadic off-grid lifestyles more feasible.

In the not-so-distant future, it will be possible to take a modular home kit deep into the mountains, set up a neutrino energy generator, and generate enough electricity to support an entire family without propane, solar cells, or other conventional forms of off-grid energy technologies. This advancement in off-grid living conditions will incentivize more and more people to leave the conventional electrical grid behind, reducing population density in cities and minimizing fossil-fuel energy generation.

The Neutrino Energy Group Is Putting Power in the Hands of the People

The Neutrino Energy Group has definitively demonstrated that it’s possible to derive electrical energy by converting the kinetic energy of passing neutrinos. It’s only a matter of time until neutrinovoltaic devices become capable of providing enough electricity to partially, and eventually fully, sustain off-grid lifestyles.

It has always been humanity’s dream to live freely. Burdened by the weight of society and crippled by our reliance on fossil fuels, we’ve traded many of our freedoms for the comforts of modern life. With neutrino energy and other decentralized energy technologies, the human race can return to its roots without giving up the contemporary amenities that have vastly improved the quality of our lives.

Author: Morten Skaar

Neutrino Deutschland GmbH
10117,Berlin
Tel.:+49 30 20924013
Email: office@neutrino-energy.com

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Decentralized Neutrino Energy is the Key to Human Freedom
Decentralized Neutrino Energy is the Key to Human Freedom

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SOURCE Neutrino Energy

Job Creation: Weak in the Winter, but Stronger in the Spring

NEW YORK, Feb. 5, 2021 /PRNewswire/ — After a decline in December, in January the number of jobs increased by just 49,000, undershooting economists’ expectations. The employment level is still nearly 9 million jobs lower relative to pre-pandemic levels. The published unemployment rate significantly dropped from 6.7 to 6.3 percent, and the true rate, after adjusting for the misclassification error, is 6.9 percent. The labor force participation rate slightly declined to 61.4 percent, and unlike the…

NEW YORK, Feb. 5, 2021 /PRNewswire/ — After a decline in December, in January the number of jobs increased by just 49,000, undershooting economists’ expectations. The employment level is still nearly 9 million jobs lower relative to pre-pandemic levels. The published unemployment rate significantly dropped from 6.7 to 6.3 percent, and the true rate, after adjusting for the misclassification error, is 6.9 percent. The labor force participation rate slightly declined to 61.4 percent, and unlike the unemployment rate it is not showing signs of improvement in recent months.

In January, the number of jobs in the leisure and hospitality sector continued to decline, but much less rapidly than in December. Sectors that had been doing well, such as manufacturing, warehousing, and retail, were weak in January. On the positive side, the most notable increase, 80,900, was in the temporary help industry, one of the most reliable leading indicators of employment, suggesting that job growth may improve in the coming months.

The number of new infections in the US peaked in early January, after which it has been sharply declining. However, the labor market continues to be at risk of job losses. Over the next couple of months, there will be two competing forces that will determine how the labor market will expand: new strains of the coronarvirus, which may spread more rapidly, and the distribution of vaccines.

By late spring, however, we expect that the number of new cases will be significantly lower due to the rollout of vaccinations, and the economy could start adding jobs again at an accelerated pace. Between now and the end of the year, around 4 million jobs could be gained, and the unemployment rate could drop to about 5 percent. Larger-than-expected government stimulus could lead to even larger job gains.

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SOURCE The Conference Board

2021 Job Growth Off to a Slow Start in U.S.

DALLAS, Feb. 5, 2021 /PRNewswire/ — ThinkWhy, a SaaS company helping businesses navigate the labor market, released its national jobs report following an announcement from the Bureau of Labor Statistics that the economy added 49,000 jobs in January, with the unemployment rate falling to 6.3 percent. 

<a…

DALLAS, Feb. 5, 2021 /PRNewswire/ — ThinkWhy, a SaaS company helping businesses navigate the labor market, released its national jobs report following an announcement from the Bureau of Labor Statistics that the economy added 49,000 jobs in January, with the unemployment rate falling to 6.3 percent. 

Today’s report shows muted growth with 49,000 jobs added in January compared to the stronger recovery in the summer and early fall of 2020. The rise in COVID-19 cases and tightening restrictions during last year’s holiday season lingered into 2021, and certain at-risk industries continued to face the brunt of the challenges caused by the pandemic.

Leisure and Hospitality, which includes restaurants, hotels and entertainment, continued to shed jobs in January. While overall employment gain was 49,000 for all industries, Leisure and Hospitality lost 61,000 jobs and the rest of the job market gained 110,000.

«There is a massive divide in the amount of available talent based on the type of job – high-wage versus low-wage, white-collar versus blue-collar,» said Jay Denton, Chief Innovation Officer and SVP of Business Intelligence for ThinkWhy. «Many high-skilled roles such as architecture, engineering, and technology have unemployment rates of 3.0% or less. Service-related jobs, particularly those that rely on face-to-face interactions such as food preparation and serving, still have double-digit unemployment rates.»

The number of Americans unemployed fell to 6.3% in January, but the rate varies dramatically depending on the occupation.

  • Computer and Mathematical (2.4%)
  • Community and Social Service (2.9%)
  • Healthcare Practitioners and Technical occupations (2.0%)
  • Food Preparation and Serving Related (16.5%)
  • Personal Care and Service (14.2%)
  • Building and Grounds Cleaning and Maintenance occupations (10.4%)

Despite the current economic climate, efforts to rein in COVID-19 and increase vaccinations are expected to eventually result in positive momentum. «The second half of the year should see a significant surge in hiring in those occupations most impacted by the pandemic,» added Denton.

While virus counts are decelerating in many areas and vaccine rollouts are projected to increase in pace, more infectious strains of COVID-19 add a degree of uncertainty to how quickly we can reach a turning point.

For now, the expectation of a significant rebound in the second half of 2021 is still the best scenario. The strength of the rebound will depend on how quickly we can return closer to normal behaviors and whether businesses are able to ramp up hiring as revenue growth accelerates.

The Outlook

LaborIQ® by ThinkWhy projects a significant acceleration of job growth in the second half of 2021. The first half of the year will be marked by the rollout of the vaccine, and if projections hold, dwindling virus counts will give way to economic expansion in the second half of the year.

This week, the Congressional Budget Office announced it expects gross domestic product (GDP) to return to pre-pandemic levels by mid-2021. Increased business revenues, bundled with the potential of eased social restrictions, have the potential to lead to the largest hiring wave the U.S. has ever seen. 

The following locations are poised to be among the first to recover all lost jobs. While the overall employment totals for these markets will still take until 2022 to reach their pre-pandemic levels, some of the top-performing industries will have recovered all jobs by the end of 2021 in these cities.  

  • AtlantaSandy SpringsRoswell, GA
  • AustinRound Rock, TX
  • BirminghamHoover, AL
  • Dallas-Fort WorthArlington, TX
  • IndianapolisCarmelAnderson, IN
  • Oklahoma City, OK
  • PhoenixMesaScottsdale, AZ
  • Salt Lake City, UT

INDUSTRY RECOVERY

Though the rate of vaccination will continue to impede progress, LaborIQ forecasts a few industries will recover faster than others. Financial Activities, Construction, and Professional and Business Services have been able to gain momentum through the pandemic, while Leisure and Hospitality has sustained massive job losses and may not see recovery until 2025.

To read the full report, click here.

About LaborIQ by ThinkWhy
LaborIQ® by ThinkWhy is a breakthrough technology providing talent acquisition professionals with talent and labor market intelligence.

Our talent tech helps win candidates – and clients – with the most precise compensation and job market answers for over 20,000 job titles, across all U.S. cities and industries. LaborIQ’s employment reporting and forecasts, talent supply index and compensation toolkit deliver a competitive advantage in recruiting and hiring.

Learn more at ThinkWhy.com or follow us on Twitter and Instagram at @ThinkWhy_, on Facebook at @ThinkWhyLLC and LinkedIn at @ThinkWhy-LLC.

 

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SOURCE ThinkWhy

Global Oxygen Market Report 2020: 2015-2019, 2023F, 2025F, 2030F

DUBLIN, Feb. 5, 2021 /PRNewswire/ — The «Oxygen Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery» report has been added to…

DUBLIN, Feb. 5, 2021 /PRNewswire/ — The «Oxygen Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery» report has been added to ResearchAndMarkets.com’s offering.

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The global oxygen market reached a value of nearly $27,741.8 million in 2019, having increased at a compound annual growth rate (CAGR) of 6.1% since 2015. The market is expected to decline from $27,741.8 million in 2019 to $27,548.0 million in 2020 at a rate of -0.7%.

The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is also restrained due to uncertain demand from the industrial sector due to uncertain demand. The market is then expected to recover slightly and grow at a CAGR of 0.11% from 2021 and reach $27,482.3 million in 2023. The market is expected to reach $30,052.0 million in 2025 and $ 36,553.2 million in 2030.

Growth in the historic period resulted from emerging markets growth, increased prevalence of disease, and rising air pollution levels. Factors that negatively affected growth in the historic period were safety, and changing regulations.

Going forward, increasing demand for oxygen due to COVID-19 effect, applications of oxygen in healthcare, and increased demand for portable oxygen for homecare will drive the growth. Factors that could hinder the growth of the oxygen market in the future include a reduction in free trade and uncertain demand from industry.

The oxygen market is segmented by type into industrial oxygen, medical oxygen, and others. The industrial oxygen market was the largest segment of the oxygen market segmented by type, accounting for 77.4% of the total in 2019. Going forward, the medical oxygen segment is expected to be the fastest-growing segment in the oxygen market, at a CAGR of 5.0% during 2019-2023.

The oxygen market is segmented by application into mineral processing applications, automobiles, healthcare, cosmetics, mining, pharmaceutical, food and others. The others market was the largest segment of the oxygen market segmented by application, accounting for 27.6% of the total in 2019. Going forward, the healthcare segment is expected to be the fastest-growing segment in the oxygen market, at a CAGR of 5.0%.

The Asia Pacific was the largest region in the global oxygen management market, accounting for 40.0% of the total in 2019. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the oxygen market will be the Middle East, and Africa, where growth will be at CAGRs of 3.5% and 3.4% respectively during 2019-2023. These will be followed by Eastern Europe, and South America, where the markets are expected to grow at CAGRs of 2.2% and 1.3% respectively.

The global oxygen market is highly concentrated, with a small number of large players. The top ten competitors in the market made up to 49.8% of the total market in 2019. Major players in the market include Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products and Chemicals Inc. and Yingde Gases.

The top opportunities in the oxygen market segmented by type will arise in the medical oxygen segment, which will gain $851.6 million of global annual sales by 2023. The top opportunities in the oxygen market segmented by application will arise in the healthcare segment, which will gain $851.6 million of global annual sales by 2023. The oxygen market size will gain the most in China at $880.3 million

Market-trend-based strategies for the oxygen market include acquiring smaller companies to increase the market share, partnering with respirator product manufacturers to develop innovative products, developing customized air separation plants, and increasing the production capacities for pulp and paper industry oxygen gases. Player-adopted strategies in the oxygen market include investing in expanding manufacturing operations, improving infrastructure and in acquisitions and mergers to strengthen their service offerings.

Amidst the unprecedented outbreak of coronavirus, governments across the world are advising people to stay indoors and practice social distancing, to reduce the spread of the pandemic. This has increased the short-term potential growth opportunities for the oxygen industry.

To take advantage of the opportunities, the publisher recommends the oxygen companies to focus on customized air separation plants, invest in IoT technology, invest in pulp and paper, expand in emerging markets, increase domestic production, provide competitively priced offerings, and collaborate with government organization.

Key Topics Covered:

1. Oxygen Market Executive Summary

2. Table Of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By Application

7. Oxygen Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Type
7.2.1. Medical Oxygen
7.2.2. Industrial Oxygen
7.2.3. Others
7.3. Market Segmentation By Application
7.3.1. Cosmetics
7.3.2. Pharmaceuticals
7.3.3. Automobiles
7.3.4. Mining
7.3.5. Mineral Processing
7.3.6. Healthcare
7.3.7. Others

8. Oxygen Market, Supply Chain Analysis

9. Oxygen Market Product Analysis – Product Examples

10. Oxygen Market Customer Information
10.1. Oxygen Suppliers Ensure To Meet The Oxygen Demand
10.2. Senior Citizens To Have Low Blood Oxygen Saturation Due To COVID-19
10.3. Medical Professionals Believe COVID-19 Is An Oxygen Failure Disease
10.4. Oxygen Consumption To Increase In The USA
10.5. Excessive Weight Of Portable Oxygen Concentrators Restraining Oxygen For Homecare Market
10.6. Expanding Patient Base Driving The Oxygen Market

11. Oxygen Market Trends And Strategies
11.1. Increase In The Number Of Mergers And Acquisitions (M&A) In The Oxygen Gas Market
11.2. Customized Air Separation Plants
11.3. Oxygen Gas Applications In Pulp And Paper
11.4. Oxygen Manufacturers Adopting IoT Technology
11.5. Increasing Oxygen Production To Deal With COVID

12. Oxygen Market, COVID Impact Analysis
12.1. Impact On Global Oxygen Demand
12.2. Impact On Global Oxygen Prices
12.3. Impact On Global Regulations/Initiatives
12.4. Impact On Leading Global Oxygen Companies

13. Global Oxygen Market Size And Growth
13.1. Market Size
13.2. Historic Market Growth, 2015 – 2019, Value ($ Million)
13.2.1. Drivers Of The Market 2015-2019
13.2.2. Restraints On The Market 2015-2019
13.3. Forecast Market Growth, 2019 – 2023, 2025F, 2030F Value ($ Million)
13.3.1. Drivers Of The Market 2019-2023
13.3.2. Restraints On The Market 2019-2023

14. Global Oxygen Market Segmentation
14.1. Global Oxygen Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)
14.2. Global Oxygen Market, Segmentation By Application, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)
14.3. Global Oxygen Market, Segmentation By Form, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)
14.4. Global Industrial Oxygen Market, Segmentation By Delivery, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, Value ($ Million)

Companies Mentioned

  • Air Liquide
  • Air Products and Chemicals Inc.
  • Mitsubishi Chemical Holdings Corporation
  • The Linde Group
  • Yingde Gases

For more information about this report visit https://www.researchandmarkets.com/r/qine4m

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

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Research and Markets
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SOURCE Research and Markets

TVA To Discuss First Quarter Fiscal Year 2021 Financial Results

KNOXVILLE, Tenn., Feb. 5, 2021 /PRNewswire/ —

KNOXVILLE, Tenn., Feb. 5, 2021 /PRNewswire/ —

WHAT:

The Tennessee Valley Authority will host a conference call for the financial community and news media to discuss results for the first quarter of fiscal year 2021.

WHO:

President & CEO Jeff Lyash

Executive Vice President & CFO John Thomas

WHEN:

9:30 a.m. ET, Friday, Feb. 12, 2021

WHERE:

The event will be conducted as a webcast and as a dial-in teleconference. Participants will be able to hear the discussion and see slides via the webcast, but will need telephone access to ask questions.

 

Pre-registration through the website is encouraged. Please click here to pre-register. Participants will be emailed a dial-in number for the call and a link for the webcast once registered. Those unable to pre-register may access the call toll-free at 1-844-308-6432 in the United States, or 1-412-717-9611 outside the United States.

ADDITIONAL INFORMATION:

A replay of the conference call will be available one hour after the call ends. Call toll-free 1-877-344-7529 in the United States or 1-412-317-0088 outside the United States to access the replay. The replay access code is 10150436.

The webcast replay and transcript will be available for one year on TVA’s investor relations website at www.tva.com/investors under the call event on the «Events» page.

 

 

Investor Relations:

Tammy Wilson, Knoxville, 865-632-3366 or 888-882-4975

Josh Carlon, Knoxville, 865-632-4133 or 888-882-4975

www.tva.com/investors

Media Contact:

Jim Hopson, Knoxville, 865-632-8860

TVA Media Relations, Knoxville, 865-632-6000

https://www.tva.com/Newsroom

 

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SOURCE Tennessee Valley Authority