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

FAIRFAX, Va., Feb. 26, 2021 /PRNewswire/ — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the «Company») today announced that it has moved the time of its fourth quarter 2020 financial results conference call. The Company now plans to release its fourth quarter 2020 financial results after the market closes on Thursday, March 4, 2021, with a conference call planned for Friday, March 5, 2021, at 10:00 a.m. Eastern…

FAIRFAX, Va., Feb. 26, 2021 /PRNewswire/ — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the «Company») today announced that it has moved the time of its fourth quarter 2020 financial results conference call. The Company now plans to release its fourth quarter 2020 financial results after the market closes on Thursday, March 4, 2021, with a conference call planned for Friday, March 5, 2021, at 10:00 a.m. Eastern Standard Time (EST), to discuss the results. The call was originally scheduled for 10:00am EST on March 2, 2021.

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 5, 2021. This replay will run through March 12, 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.

If you were exposed to water from the Flint Water Treatment Plant between April 25, 2014 and November 16, 2020, your rights may be affected by a $641 million settlement

FLINT, Mich., Feb. 26, 2021 /PRNewswire-HISPANIC PR WIRE/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit <a target="_blank"…

FLINT, Mich., Feb. 26, 2021 /PRNewswire-HISPANIC PR WIRE/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit www.OfficialFlintWaterSettlement.com

This notice explains a class action settlement in the Flint Water Cases.  The notice applies to you if at any time during the period April 25, 2014 to November 16, 2020 («Exposure Period»):

(1)   you were exposed to water from the Flint Water Treatment Plant («FWTP») and you were 18 years or older at any time when you were exposed; or
(2)   you were 18 years or older at any time when you owned, rented, or lived in residential property served by the FWTP, or were legally liable for the payment for such water, during that time; or
(3)   you owned or operated a business served by the FWTP, or were legally liable for the payment for such water, during that time.

What is the lawsuit about?  The lawsuits assert that residents of Flint and others who used or were exposed to water from the FWTP between April 25, 2014 and November 16, 2020, suffered personal injury, property damage, economic loss, or any other type of damage or injury as a result of exposure to, use of, or being obligated to pay for, the contaminated water.  The lawsuits claim that when the City of Flint switched to the Flint River as the source of water in 2014, the water was not treated correctly and that it caused pipes to corrode and release lead and other contaminants into the water.  Plaintiffs allege that exposure to contaminated water received from the Flint Water Treatment Plant (located at 4500 Dort Highway, Flint, Michigan 48506), during the period April 25, 2014 to November 16, 2020, has caused a public health crisis.

Settling Defendants deny any and all alleged liability, wrongdoing, violations, and/or damages.  The Court has not decided who is right.

Who is included?  The Settlement Class includes all persons or entities who are or could be claiming personal injury, property damage, business economic loss, unjust enrichment, breach of contract, or seeking any other type of damage or relief.  Specific details on the Settlement Class and Subclasses are available at www.OfficialFlintWaterSettlement.com.

What does the Settlement provide?  The value of the entire Settlement Program is approximately $641.25 million. The Settlement Fund is allocated among different categories.  Please visit www.OfficialFlintWaterSettlement.com to see how the Settlement Fund is allocated by category.  If the settlement becomes final, Settlement Class Members who participate in the settlement or do nothing at all will release all their claims against the Settling Defendants.  They will not be allowed to bring any lawsuit against the Settling Defendants related to Flint water or the Flint Water Cases. 

What are your options?  To make a claim for money from the class action Settlement Fund, you must first submit a valid Registration Form.  You may file your Registration Form online or my mail.  The deadline to file a Registration Form online is 11:59 pm PST on March 29, 2021. The postmark deadline to file a Registration Form by mail is March 29, 2021.  Visit www.OfficialFlintWaterSettlement.com now to file your online Registration Form or print one out to file by mail.  Those that validly file a Registration Form will later be sent a Claim Form along with instructions about how to complete the Claim Form.

If you do not want to participate in this proposed class settlement and you want to keep the right to sue the Settling Defendants about the legal issues in this case, then you must take steps to get out of the settlement.  This is called «opting out» of the Settlement Class.  To opt out of the Settlement Class and not participate in the settlement, you must send a written request using the Opt Out Form provided at www.OfficialFlintWaterSettlement.com.  You must mail your completed Opt Out Form, postmarked by March 29, 2021. If you are a member of the Settlement Class and do not opt out, you give up the right to sue the Settling Defendants for any of the claims released by the settlement.  If you are a Settlement Class Member (and do not exclude yourself from the Settlement Class), you can object to any part of the Settlement.  The deadline to file an objection is March 29, 2021.  For more information on how to Opt Out or Object, please visit www.OfficialFlintWaterSettlement.com.

The Court will hold a Fairness Hearing, currently scheduled for July 12, 2021, to determine whether the Settlement Class can be certified and whether the settlement is fair, adequate, and reasonable and should be finally approved, with judgment entered accordingly. The Court will also consider the application for an award of attorneys’ fees and expense reimbursement.  You are welcome to attend the hearing at your own expense, but you are not required to attend. You may also hire your own attorney, at your own expense, to appear or speak for you at the hearing.  For more information, call 1-800-493-1754 or visit www.OfficialFlintWaterSettlement.com.

SOURCE United States District Court Eastern District of Michigan

If you were exposed to water from the Flint Water Treatment Plant between April 25, 2014 and November 16, 2020, your rights may be affected by a $641 million settlement

FLINT, Mich., Feb. 26, 2021 /PRNewswire-HISPANIC PR WIRE/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit <a target="_blank"…

FLINT, Mich., Feb. 26, 2021 /PRNewswire-HISPANIC PR WIRE/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit www.OfficialFlintWaterSettlement.com

This notice explains a class action settlement in the Flint Water Cases.  The notice applies to you if at any time during the period April 25, 2014 to November 16, 2020 («Exposure Period»):

(1)   you were exposed to water from the Flint Water Treatment Plant («FWTP») and you were 18 years or older at any time when you were exposed; or
(2)   you were 18 years or older at any time when you owned, rented, or lived in residential property served by the FWTP, or were legally liable for the payment for such water, during that time; or
(3)   you owned or operated a business served by the FWTP, or were legally liable for the payment for such water, during that time.

What is the lawsuit about?  The lawsuits assert that residents of Flint and others who used or were exposed to water from the FWTP between April 25, 2014 and November 16, 2020, suffered personal injury, property damage, economic loss, or any other type of damage or injury as a result of exposure to, use of, or being obligated to pay for, the contaminated water.  The lawsuits claim that when the City of Flint switched to the Flint River as the source of water in 2014, the water was not treated correctly and that it caused pipes to corrode and release lead and other contaminants into the water.  Plaintiffs allege that exposure to contaminated water received from the Flint Water Treatment Plant (located at 4500 Dort Highway, Flint, Michigan 48506), during the period April 25, 2014 to November 16, 2020, has caused a public health crisis.

Settling Defendants deny any and all alleged liability, wrongdoing, violations, and/or damages.  The Court has not decided who is right.

Who is included?  The Settlement Class includes all persons or entities who are or could be claiming personal injury, property damage, business economic loss, unjust enrichment, breach of contract, or seeking any other type of damage or relief.  Specific details on the Settlement Class and Subclasses are available at www.OfficialFlintWaterSettlement.com.

What does the Settlement provide?  The value of the entire Settlement Program is approximately $641.25 million. The Settlement Fund is allocated among different categories.  Please visit www.OfficialFlintWaterSettlement.com to see how the Settlement Fund is allocated by category.  If the settlement becomes final, Settlement Class Members who participate in the settlement or do nothing at all will release all their claims against the Settling Defendants.  They will not be allowed to bring any lawsuit against the Settling Defendants related to Flint water or the Flint Water Cases. 

What are your options?  To make a claim for money from the class action Settlement Fund, you must first submit a valid Registration Form.  You may file your Registration Form online or my mail.  The deadline to file a Registration Form online is 11:59 pm PST on March 29, 2021. The postmark deadline to file a Registration Form by mail is March 29, 2021.  Visit www.OfficialFlintWaterSettlement.com now to file your online Registration Form or print one out to file by mail.  Those that validly file a Registration Form will later be sent a Claim Form along with instructions about how to complete the Claim Form.

If you do not want to participate in this proposed class settlement and you want to keep the right to sue the Settling Defendants about the legal issues in this case, then you must take steps to get out of the settlement.  This is called «opting out» of the Settlement Class.  To opt out of the Settlement Class and not participate in the settlement, you must send a written request using the Opt Out Form provided at www.OfficialFlintWaterSettlement.com.  You must mail your completed Opt Out Form, postmarked by March 29, 2021. If you are a member of the Settlement Class and do not opt out, you give up the right to sue the Settling Defendants for any of the claims released by the settlement.  If you are a Settlement Class Member (and do not exclude yourself from the Settlement Class), you can object to any part of the Settlement.  The deadline to file an objection is March 29, 2021.  For more information on how to Opt Out or Object, please visit www.OfficialFlintWaterSettlement.com.

The Court will hold a Fairness Hearing, currently scheduled for July 12, 2021, to determine whether the Settlement Class can be certified and whether the settlement is fair, adequate, and reasonable and should be finally approved, with judgment entered accordingly. The Court will also consider the application for an award of attorneys’ fees and expense reimbursement.  You are welcome to attend the hearing at your own expense, but you are not required to attend. You may also hire your own attorney, at your own expense, to appear or speak for you at the hearing.  For more information, call 1-800-493-1754 or visit www.OfficialFlintWaterSettlement.com.

SOURCE United States District Court Eastern District of Michigan

Delta Air Lines Teams Up With Operation HOPE to Support Employees Managing Their Financial Health

ATLANTA, Feb. 26, 2021 /PRNewswire/ — Operation HOPE, an Atlanta-based national nonprofit focused on financial literacy and economic self-sufficiency, today announced that Delta Air Lines is expanding its partnership with a commitment to serve their workforce in Delta hubs across the U.S. This expanded partnership will give employees resources that promote financial empowerment and inclusion.

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ATLANTA, Feb. 26, 2021 /PRNewswire/ — Operation HOPE, an Atlanta-based national nonprofit focused on financial literacy and economic self-sufficiency, today announced that Delta Air Lines is expanding its partnership with a commitment to serve their workforce in Delta hubs across the U.S. This expanded partnership will give employees resources that promote financial empowerment and inclusion.

Operation HOPE’s Hope Inside the Workplace program specializes in credit and money management and will bring a number of workshops to Delta people, as well as one-on-one debt counseling and financial coaching opportunities. Operation HOPE’s virtual coaching services will be available to the entire Delta workforce of 80,000 employees in key hub cities starting with the largest base – Atlanta.

«We are excited that with this innovative collaboration, Delta will become our first-ever, national HOPE Inside the Workplace partner, offering comprehensive financial coaching as a standard workplace wellbeing practice,» said Operation HOPE Founder, Chairman and CEO John Hope Bryant. «We commend Delta as it demonstrates its commitment to all the men and women who work for the airline. Helping its workforce plan ahead in good times and deal with bad ones is in all stakeholders’ interests, as Delta continues to invest in its employees.»

«Operation HOPE is all about financial inclusion and empowerment,» said Delta’s E.V.P. and Chief People Officer, Joanne Smith. «This new partnership follows a year of economic downturn caused by the global pandemic, as well as historic disparities and injustice. Delta is committed to taking care of and investing in financial health resources for our people.»

Delta tested Operation HOPE’s services with a small group of employees in 2020, and participants saw an average credit score improvement of 30 points and average reduction in debt of more than $1,500.

In December, Delta CEO Ed Bastian hosted John Hope Bryant, Founder, Chairman, and CEO of Operation HOPE, in an employee Town Hall to share how his organization equips people with financial tools through programming and coaching.

Delta is also partnering with Operation HOPE to support its One Million Black Business and Entrepreneur Initiative (1MBB) program, to support the development of 1 million new Black business owners and entrepreneurs by 2030. 

About Operation HOPE

Operation HOPE is America’s leading nonprofit financial inclusion organization for the underserved, and «America’s Financial Coach for All». Since1992, Operation HOPE has been moving America from civil rights to «silver rights» with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Operation HOPE pioneered financial literacy in the banking sector, and inspired President George W. Bush to make financial literacy the policy of the U.S. Federal Government. 

Through our community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities—turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors.

Our programmatic approach to expanding opportunity for all aims to improve financial literacy, increase business role models and business internships for youth in underserved communities, and stabilize the American dream by boosting FICO scores. Operation HOPE recently received its seventh consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator. For more information: www.OperationHOPE.org. Follow the HOPE conversation on Twitter, Facebook and Instagram.

Media Contact
Bill Mendel
212-397-1030
bill@mendelcommunications.com

Omar Renta
646-675-8151
operationhope@sunshinesachs.com

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SOURCE Operation HOPE

If you were exposed to water from the Flint Water Treatment Plant between April 25, 2014 and November 16, 2020, your rights may be affected by a $641 million settlement

FLINT, Mich., Feb. 26, 2021 /PRNewswire/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit <a target="_blank"…

FLINT, Mich., Feb. 26, 2021 /PRNewswire/ —

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

The deadline to register for the Settlement is March 29, 2021.
To learn more, visit www.OfficialFlintWaterSettlement.com

This notice explains a class action settlement in the Flint Water Cases.  The notice applies to you if at any time during the period April 25, 2014 to November 16, 2020 («Exposure Period»):

(1)   you were exposed to water from the Flint Water Treatment Plant («FWTP») and you were 18 years or older at any time when you were exposed; or
(2)   you were 18 years or older at any time when you owned, rented, or lived in residential property served by the FWTP, or were legally liable for the payment for such water, during that time; or
(3)   you owned or operated a business served by the FWTP, or were legally liable for the payment for such water, during that time.

What is the lawsuit about?  The lawsuits assert that residents of Flint and others who used or were exposed to water from the FWTP between April 25, 2014 and November 16, 2020, suffered personal injury, property damage, economic loss, or any other type of damage or injury as a result of exposure to, use of, or being obligated to pay for, the contaminated water.  The lawsuits claim that when the City of Flint switched to the Flint River as the source of water in 2014, the water was not treated correctly and that it caused pipes to corrode and release lead and other contaminants into the water.  Plaintiffs allege that exposure to contaminated water received from the Flint Water Treatment Plant (located at 4500 Dort Highway, Flint, Michigan 48506), during the period April 25, 2014 to November 16, 2020, has caused a public health crisis.

Settling Defendants deny any and all alleged liability, wrongdoing, violations, and/or damages.  The Court has not decided who is right.

Who is included?  The Settlement Class includes all persons or entities who are or could be claiming personal injury, property damage, business economic loss, unjust enrichment, breach of contract, or seeking any other type of damage or relief.  Specific details on the Settlement Class and Subclasses are available at www.OfficialFlintWaterSettlement.com.

What does the Settlement provide?  The value of the entire Settlement Program is approximately $641.25 million. The Settlement Fund is allocated among different categories.  Please visit www.OfficialFlintWaterSettlement.com to see how the Settlement Fund is allocated by category.  If the settlement becomes final, Settlement Class Members who participate in the settlement or do nothing at all will release all their claims against the Settling Defendants.  They will not be allowed to bring any lawsuit against the Settling Defendants related to Flint water or the Flint Water Cases. 

What are your options?  To make a claim for money from the class action Settlement Fund, you must first submit a valid Registration Form.  You may file your Registration Form online or my mail.  The deadline to file a Registration Form online is 11:59 pm PST on March 29, 2021. The postmark deadline to file a Registration Form by mail is March 29, 2021.  Visit www.OfficialFlintWaterSettlement.com now to file your online Registration Form or print one out to file by mail.  Those that validly file a Registration Form will later be sent a Claim Form along with instructions about how to complete the Claim Form.

If you do not want to participate in this proposed class settlement and you want to keep the right to sue the Settling Defendants about the legal issues in this case, then you must take steps to get out of the settlement.  This is called «opting out» of the Settlement Class.  To opt out of the Settlement Class and not participate in the settlement, you must send a written request using the Opt Out Form provided at www.OfficialFlintWaterSettlement.com.  You must mail your completed Opt Out Form, postmarked by March 29, 2021. If you are a member of the Settlement Class and do not opt out, you give up the right to sue the Settling Defendants for any of the claims released by the settlement.  If you are a Settlement Class Member (and do not exclude yourself from the Settlement Class), you can object to any part of the Settlement.  The deadline to file an objection is March 29, 2021.  For more information on how to Opt Out or Object, please visit www.OfficialFlintWaterSettlement.com.

The Court will hold a Fairness Hearing, currently scheduled for July 12, 2021, to determine whether the Settlement Class can be certified and whether the settlement is fair, adequate, and reasonable and should be finally approved, with judgment entered accordingly. The Court will also consider the application for an award of attorneys’ fees and expense reimbursement.  You are welcome to attend the hearing at your own expense, but you are not required to attend. You may also hire your own attorney, at your own expense, to appear or speak for you at the hearing.  For more information, call 1-800-493-1754 or visit www.OfficialFlintWaterSettlement.com.

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SOURCE United States District Court Eastern District of Michigan

Epoxy Resin Market in Pressure Vessels for Alternative Fuels, Impacted by COVID-19, to Reach US$ 31.8 Million in 2026, Says Stratview Research

DETROIT, Feb. 26, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Epoxy Resin Market in Pressure Vessels for Alternative Fuels is Segmented by Vessel Type (Type II, Type III, and Type IV), by Application Type (CNG Vehicles, Hydrogen Vehicles, and Gas…

DETROIT, Feb. 26, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Epoxy Resin Market in Pressure Vessels for Alternative Fuels is Segmented by Vessel Type (Type II, Type III, and Type IV), by Application Type (CNG Vehicles, Hydrogen Vehicles, and Gas Transport), by Vehicle Type (Light Vehicles, Medium & Heavy Duty Commercial Vehicles, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026.

Stratview Research Logo

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s epoxy resin market used in pressure vessels for alternative fuels and future possibilities for the forecast period 2021 to 2026. The report segments and analyzes the market in the most detailed and comprehensive manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of low-hanging fruits available as well as formulate growth strategies.

Epoxy Resin Market in Pressure Vessels for Alternative Fuels: Highlights from the Report

Epoxy resin is widely used for manufacturing composite pressure vessels for alternative fuels, due to its various benefits. epoxy resin provides extremely high strength to hollow cylindrical pressure vessels. Due to its flexibility, it also provides pressure vessels the capability to absorb the strain produced due to the pressurization of vessel walls in all directions. It holds the structural fiber in its position and is compatible with other reinforcing fibers including glass fiber and aramid fiber. It also contributes to the durability and chemical resistance of the pressure vessels.

Composite pressure vessels are fabricated through the filament winding process (both dry and wet) which offers a high degree of fiber orientation with high fiber loading. The process provides high strength-to-weight ratio and excellent uniformity. Carbon fiber combined with epoxy resin matrix offers high strength and weight advantages and is one of the preferred materials of choice for developing pressure vessels.

Impact of COVID-19

The global epoxy resin market in pressure vessels for alternative fuels grew continuously from 2015 to 2019 and was estimated to maintain its upward growth trajectory in 2020 as well. However, the rapid spread of the pandemic has drastically changed the entire market dynamics. The pandemic worsened the existing challenges of the automotive industry, weakened the industry sales to its lowest figure of the decade, which, in turn, affected the demand for epoxy resins in pressure vessels for alternative fuels.

Analogous to the projected recoveries in the industrial estimates for the automotive industry, the study of market recoveries in previous downturns (The Great Recession) and primary interviews across the supply chain, Stratview Research’s estimates suggest that the market for epoxy resin in pressure vessels for alternative fuels is likely to start rebounding from 2021, followed by maintaining sequential growth till 2026, ultimately reaching the value of US$ 31.8 million by 2026.

Continuous rise in the demand for lightweight components in the automotive industry to achieve the fuel efficiency targets and growing focus of automakers towards alternative fuel options to reduce carbon footprint are the factors suggesting healthy long-term growth opportunities in the epoxy resin market in pressure vessels for alternative fuels once the aftermath of the pandemic ends.

Click Here and Run Through the TOC of the Report: https://www.stratviewresearch.com/toc/192/epoxy-resin-market-in-pressure-vessels.html

Based on the vessel type, type IV tank is likely to witness the fastest recovery in the market over the next five years, after being least hit in 2020 by the pandemic and so is the demand for epoxy resins in this vessel type. Type IV tank incorporates a greater amount of carbon epoxy composites and offers maximum weight savings as compared to other pressure vessel types. There is an increasing penetration of type IV tanks, particularly in mass transit buses and medium & heavy-duty vehicles. For medium & heavy-duty commercial vehicles, higher fuel density and lower mass of these vessels permit greater range and fuel efficiency, increased operational interval between refueling stops, and reduced maintenance cost. 

Based on the application type, CNG vehicle alone accounted for more than 80% of the epoxy resin market in the pressure vessels for alternative fuels in 2019 and is expected to remain the largest application type over the next five years as well.  Hydrogen vehicle currently generates a low demand for pressure vessels including epoxy resins, but it is plausible that there would be a spike in the production of hydrogen vehicles in the coming years as more than ten automakers have already released FCV demonstrators and test fleets.

Based on the vehicle type, light vehicle is likely to remain the most dominant segment of the market in the coming years. All the vehicle type segments are expected to log a massive decline in the rate (20%+ YoY in 2020) in the wake of the pandemic. After being severerly hit by the pandemic, the light vehicle segment is expected to rebound at the fastest pace in the coming years.  Natural gas vehicles are less pollutant than gasoline or diesel-based vehicles, so there has been an increasing trend towards the usage of light vehicles powered with alternative fuels, such as CNG to curb carbon emissions.

Enquire Here for a Free Sample of the Detailed Report: https://www.stratviewresearch.com/Request-Sample/192/epoxy-resin-market-in-pressure-vessels.html#form  

Despite being one of the worst-affected regions in 2020, Europe is projected to maintain its supremacy in the market over the next five years, driven by increased demand for alternative fuel vehicles incorporating composite pressure vessels. Major European automakers are launching new auto models with powertrains dependent on CNG to leverage the abundant shale gas resources. Majority of them are utilizing lightweight tanks to reduce vehicle’s weight to achieve European carbon emission standards.

The global epoxy resin market in pressure vessels is highly consolidated with the presence of a few major global players including Aditya Birla Chemicals Ltd., Hexion Inc, Huntsman Corporation, Nan Ya Plastics Corporation, Olin Corporation, and The 3M Company. All the major players of the market are well diversified and supplying epoxy resin for various applications. New product development and collaboration with pressure vessel manufacturers are some of the key strategies adopted by epoxy resin manufacturers to gain a competitive edge in the market. 

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

This report studies the global epoxy resin market in pressure vessels for alternative fuels and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the four ways in which the market is segmented:

Epoxy Resin Market in Pressure Vessels for Alternative Fuels, by Vessel Type

  • Type II (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Type III (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Type IV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Epoxy Resin Market in Pressure Vessels for Alternative Fuels, by Application Type

  • CNG Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Hydrogen Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Gas Transport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Epoxy Resin Market in Pressure Vessels for Alternative Fuels, by Vehicle Type

  • Light Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Medium & Heavy-Duty Commercial Vehicles (M&HCV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Epoxy Resin Market in Pressure Vessels for Alternative Fuels, By Region

  • North America (Country Analysis: The USA and Canada)
  • Europe (Country Analysis: France, Germany, Italy, Norway, the UK, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, Thailand, Korea, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Stratview Research has several high value market reports in the composites and advanced materials industry. Please refer to the following link to browse through our reports:

https://www.stratviewresearch.com/market-reports/Advanced-Materials.html 

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

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Stratview Research has launched ‘Composights’, an online portal which offers free thought leadership reports, whitepapers, market report synopsis and much more for Composites and allied industries, worth US$ 20,000 every year.

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SOURCE Stratview Research

GFL Environmental Files 2020 Annual Report

VAUGHAN, ON, Feb. 26, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that it has filed its annual report on Form 20-F, including the Company’s audited consolidated financial statements (the «Financial Statements») for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission on EDGAR (<a target="_blank"…

VAUGHAN, ON, Feb. 26, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that it has filed its annual report on Form 20-F, including the Company’s audited consolidated financial statements (the «Financial Statements») for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission on EDGAR (www.sec.gov) and with Canadian securities regulators on SEDAR (www.sedar.com). The annual report is also available on the Investors page of the Company’s website at https://investors.gflenv.com.  Shareholders may receive a hard copy of the complete Financial Statements from the Company free of charge upon request by contacting GFL Investor Relations at ir@gflenv.com.

About GFL Environmental

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the United States.  Across its organization, GFL has a workforce of more than 15,000 employees.

Investor contact:

Patrick Dovigi
Founder and CEO
905-326-0101 

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SOURCE GFL Environmental Inc.

Auditing Shows That Two-Thirds of Retailers Misreport Sales to Landlords, Reveals The Lamy Group

MANDEVILLE, La., Feb. 26, 2021 /PRNewswire-PRWeb/ — At a time when valuations of disfavored retail real estate are plummeting because of declining sales at many physical stores, almost two in three retailers have been found to make errors in reporting sales to landlords, with a majority of those errors resulting in underreporting, said Kenneth S. Lamy, founder and CEO of Mandeville, Louisiana-based <a target="_blank"…

MANDEVILLE, La., Feb. 26, 2021 /PRNewswire-PRWeb/ — At a time when valuations of disfavored retail real estate are plummeting because of declining sales at many physical stores, almost two in three retailers have been found to make errors in reporting sales to landlords, with a majority of those errors resulting in underreporting, said Kenneth S. Lamy, founder and CEO of Mandeville, Louisiana-based The Lamy Group, a financial management consultancy firm that helps landlords quantify retailer sales for rent collection purposes. The result is that, in fact, brick-and-mortar retailers are doing better than they, and their landlords, realize, even in difficult times.

The COVID-19 pandemic has resulted in a surge of landlord-initiated audits of their tenants’ sales as many sought rent relief in 2020. After completing hundreds of audits in 2020 and comparing them to previous COVID-19 audits for its landlord clients, The Lamy Group has discovered that nearly 70% of retailers misreported online sales last year that were fulfilled by a physical store in some way. The lease «gross sales» definition sets the parameters and ground rules for the retailer or restaurant merchant to follow when reporting sales.

«The situation this past year has been unprecedented, with stores temporarily closed or operating at reduced capacity, and serving as fulfillment centers for online orders,» Lamy said. «Compounded with landlord and retailer staff layoffs, others working from home and inexperienced associates assigned to sales reporting, mistakes were almost certain to happen. We found this occurred in retail centers managed by many of our clients, which range from public companies that operate malls and open-air centers to independent owners of shopping centers. Landlords need a thorough understanding of their tenants’ performance to maximize productivity of their retail real estate.»

Misreporting sales can give landlord a false picture of the state of the retailer’s — and a retail asset’s — health. Market rents are a factor of retail sales for shopping centers. In addition, most leases require retailers and restaurants to pay a percentage of their sales above a certain breakpoint in additional rent. Misreporting — and, especially, underreporting — literally costs landlords the monies they need to fulfill their own financial obligations.

The most common errors accounting for about three quarters of misreporting, not surprisingly, revolve around internet sales: items ordered offsite and picked up in store (BOPIS), or ordered online and delivered from the store to the shopper’s home or picked up curbside.

«When a physical store is involved in the transaction, it must be credited for that sale in accordance with the lease,» Lamy observed.

The second most common error, attributed to six out of 10 reports, involves the handling of online sales made in the retailer’s physical store. For example, if the store doesn’t have the requested size or color in stock, the store can place that order from the premises and either deliver it to the customer’s home, or the shopper can pick it up later when it arrives at the store. Whether these online/in-store orders are fulfilled in person at the same store later, shipped to the customer from the store or fulfilled from another store or distribution center, a nexus to the physical store is evident. As such, the sale must be reported to the landlord.

«Landlords provide a safe and clean space for retailers to connect with consumers. If the store is part of the transaction, it must be reported to retail real estate owners so they can rightfully claim their portion of the sale that often translates into additional rent needed by the landlords to pay their own mortgage, real estate taxes and other financial obligations,» Lamy said.

A third common error involves returns of merchandise purchased online but brought back to the store. Just as stores report sales to the landlord as required by lease arrangements, they can also deduct the cost of returned merchandise from those figures. When the return is an item purchased from the same store, the math is easy — the sale transaction is rightly nullified. But if an item is purchased online, the store doesn’t get to credit the sale for the merchandise; instead, it should be deducted from the original internet transaction source in conformity with the revenue recognition and matching principles in accounting. If that item is returned to a physical store not initially involved in the purchase, the retailer may not deduct those monies from total sales, according to typical lease language.

«Deducting returns from sales reports has been a challenge for landlords for years. This has become even more of an issue in the past year as so many discretionary items were purchased on the internet,» Lamy said, observing that the rate of returns nearly doubled during the pandemic compared with historic averages. This is especially important, he continued, given that more than $1.00 in every $5.00 spent on retail during Q4 2020 took place on the internet.

Prior to 2020, about 5% to 10% of in-store purchases on average were returned, while in 2020, that rate rose to between 15% to 20%, he continued. For online purchases, returns are between 15% to 40%, which further compounds the problem when shoppers return online purchases to physical stores, he said.

«Shoppers uncertain of sizes or colors bought multiple items online, then returned what didn’t fit or was unwanted to a store,» Lamy added. «The store then deducted those sales from their totals, artificially conveying a weak sales performance for the physical store.»

Lastly, retailers, and especially restaurants, often mistakenly deduct fees and other charges from their total sales, which distorts the revenue of physical stores. Credit card fees and sums paid to delivery services are a cost of doing business, Lamy observed. Unless specifically allowed (cited) in the lease, they should not be deducted from total reportable sales. But they frequently are.

Compounded, all of these errors have given a misrepresentation of the health of the retailer, a shopping center and even the shopping center industry in an already difficult year, Lamy said.

«These errors are simply that — errors and misinterpretations made by people under great stress, some of whom are relatively new to the industry, and who are operating remotely,» Lamy said. «But they can have huge financial implications for landlords. That’s why an independent audit, collecting, analyzing and verifying the data, is an important part of industry best practices and the landlord’s fiduciary responsibility now and as we begin to see the recovery and end of the pandemic. Without that, landlords could quite possibly be leaving significant sums of money on the table.»

About The Lamy Group
The Lamy Group is an international financial management consulting firm of certified public accountants, MBAs and other professionals. Founder, President and CEO Kenneth S. Lamy, CRRP, CRX is an instructor and volunteer for the International Council of Shopping Centers (ICSC) and other CRE trade associations for more than 30 years. The Lamy Group specializes in customized financial retail sales, compliance and specialty examinations (tenant sales audits/revenue share/data verification) programs, ancillary revenue audits, early terminations, utility audits, retail property and sales analytics, restaurant financial operations consulting including leasing consulting and related compliance programs for clients. Clients include owners, developers, managers, publicly-traded real estate investment trusts (REITs), realty advisors and institutional investors throughout North America, the Caribbean and Mexico.

Media Contact

Debra Hazel, DEBRA HAZEL COMMUNICATIONS LLC, +1 201-618-5247, debra@debrahazelcommunications.com

 

SOURCE The Lamy Group

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue

XUZHOU, China, Feb. 26, 2021 /PRNewswire/ — XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition of the «XCMG Cup» Green Innovation Design Competition, which is composed of two competition categories – intelligent road emergency equipment design and geological disaster rescue equipment design.

<img id="prnejpgd6daleft"…

XUZHOU, China, Feb. 26, 2021 /PRNewswire/ — XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition of the «XCMG Cup» Green Innovation Design Competition, which is composed of two competition categories – intelligent road emergency equipment design and geological disaster rescue equipment design.

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue.

Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations. Modification suggestions under the two categories are also encouraged to submit for prize winning.

«In 2020 alone, natural disasters affected approximately 138 million people in China so quickly finding solutions to bottleneck problems in disaster relief and rescue is of the utmost importance. New technologies such as 5G, modularized multi-functional emergency rescue equipment, quick disassembly/assembly of equipment as well as remote control are undoubtedly the key to further development,» said Xiaodong Xu, Deputy GM of XCMG Fire-fighting Safety Equipment.

Participants from around the world are now welcome to upload their designs online until June. In addition to financial awards and scholarships, first-prize winners will be given opportunities to carry out their project with universities or enterprises. Excellent contestants from the preliminary rounds may receive an interview invitation from XCMG, and exceptional winners may even receive offers to join the XCMG team.

X-Creator has set an industrial transformation funding pool totaling 10 million yuan (US$ 1.55 million). In addition to complete solution and equipment designs, excellent product and function optimization feedback submitted by international participants will also be considered for awards.

Launched in 2016, the XCMG Cup competition is part of XCMG’s 14 precisely positioned global public welfare projects and a major breakthrough of the traditional R&D model to promote technological innovation and encourage young talents to push forward the sustainable development of the industry.

Multiple concepts and innovative ideas from previous competitions have been applied in product design and development, including the compact low-noise, high-efficacy fan project from the first XCMG Cup, the multi-functional, green-powered small excavator design in the second year among others.

For more information about X-Creator Challenge, please visit: https://www.xcmgapprentice.com/ 

Photo – https://mma.prnewswire.com/media/1445409/X_Creator_Challenge_Opens_Global_Submissions_Centering_Intelligent_Equipment_Solutions_Emergency.jpg

 

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue

XUZHOU, China, Feb. 26, 2021 /PRNewswire/ — XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition of the «XCMG Cup» Green Innovation Design Competition, which is composed of two competition categories – intelligent road emergency equipment design and geological disaster rescue equipment design.

<img id="prnejpgd6daleft"…

XUZHOU, China, Feb. 26, 2021 /PRNewswire/ — XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition of the «XCMG Cup» Green Innovation Design Competition, which is composed of two competition categories – intelligent road emergency equipment design and geological disaster rescue equipment design.

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue.

Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations. Modification suggestions under the two categories are also encouraged to submit for prize winning.

«In 2020 alone, natural disasters affected approximately 138 million people in China so quickly finding solutions to bottleneck problems in disaster relief and rescue is of the utmost importance. New technologies such as 5G, modularized multi-functional emergency rescue equipment, quick disassembly/assembly of equipment as well as remote control are undoubtedly the key to further development,» said Xiaodong Xu, Deputy GM of XCMG Fire-fighting Safety Equipment.

Participants from around the world are now welcome to upload their designs online until June. In addition to financial awards and scholarships, first-prize winners will be given opportunities to carry out their project with universities or enterprises. Excellent contestants from the preliminary rounds may receive an interview invitation from XCMG, and exceptional winners may even receive offers to join the XCMG team.

X-Creator has set an industrial transformation funding pool totaling 10 million yuan (US$ 1.55 million). In addition to complete solution and equipment designs, excellent product and function optimization feedback submitted by international participants will also be considered for awards.

Launched in 2016, the XCMG Cup competition is part of XCMG’s 14 precisely positioned global public welfare projects and a major breakthrough of the traditional R&D model to promote technological innovation and encourage young talents to push forward the sustainable development of the industry.

Multiple concepts and innovative ideas from previous competitions have been applied in product design and development, including the compact low-noise, high-efficacy fan project from the first XCMG Cup, the multi-functional, green-powered small excavator design in the second year among others.

For more information about X-Creator Challenge, please visit: https://www.xcmgapprentice.com/ 

Photo – https://mma.prnewswire.com/media/1445409/X_Creator_Challenge_Opens_Global_Submissions_Centering_Intelligent_Equipment_Solutions_Emergency.jpg