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Month: August 2020

Westport Fuel Systems Announces Supply Contract with NAFTAL

VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced a new contract between MTM (the fully owned Italian subsidiary of Westport Fuel Systems) and NAFTAL (Algerian State Owned Agency for Distribution and Sale of Oil and Gas) to supply 30,000 liquified petroleum gas (“LPG”) systems into the growing Algerian market.The systems will be delivered in 2020 and 2021 and extends a long and successful partnership between MTM and NAFTAL that has already deployed more than 90,000 LPG systems in the last four years.  The growing market demand for LPG conversions in Algeria is supported by government efforts to reduce the import of petrol and diesel and promote LPG as a clean, abundant, and widely available national resource.According...

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Marathon Gold Provides Update Regarding Upcoming Annual and Special Meeting

TORONTO, Aug. 04, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) reminds shareholders of its scheduled Annual and Special Meeting (the “Meeting”) to be held at the Company’s office at 36 Lombard Street, 6th Floor, Toronto, Ontario, M5C 2X3 on August 10, 2020 at 11:00 a.m. Eastern Time.Due to the ongoing public health impacts related to the COVID-19 pandemic and in consideration of the health and safety of shareholders, employees and the broader community, the Company strongly recommends that shareholders cast their votes by proxy in advance of the Meeting and do not attend the Meeting in person.The Company is providing shareholders with an opportunity to listen to the Meeting as well as a general corporate update by logging in to the webcast link provided below. This is not a virtual meeting....

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Otelco Reports Second Quarter 2020 Financial and Operational Results

ONEONTA, Ala., Aug. 04, 2020 (GLOBE NEWSWIRE) — Otelco Inc. (NASDAQ: OTEL) (“Otelco” or the “Company”), a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, today announced operational and financial results for its second quarter ended June 30, 2020. Key operational and financial highlights for Otelco include:Total revenues of $15.5 million for second quarter 2020.Operating income of $2.8 million for second quarter 2020.Net income of $1.4 million for second quarter 2020.Consolidated EBITDA (as defined below) of $5.0 million for second quarter 2020.Scheduled principal payments of $1.1 million in second quarter 2020 reduced debt to $68.0 million at the end of second quarter 2020.SECOND QUARTER 2020 RESULTSThe Company continued to execute on its strategy...

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Knoll Declares Cash Dividend

EAST GREENVILLE, Pa., Aug. 04, 2020 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.06 per share payable September 30, 2020 to shareholders of record on September 15, 2020. “With our strengthened balance sheet and stabilizing performance, thanks to our increasing mix of work from home and residential offerings, we are pleased to increase our third quarter dividend by 50%, from $0.04 to $0.06 per share,” commented Knoll Chairman and CEO, Andrew Cogan.The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements...

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Playa Hotels & Resorts Debuts Work & Learn From Paradise

FORT LAUDERDALE, Fla., Aug. 04, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA, “Playa”), a leading owner and operator of all-inclusive resorts across Mexico and throughout the Caribbean, announced today a revolutionary program for consumers with the newfound flexibility of working and learning remotely during the COVID-19 pandemic.The innovative Work & Learn From Paradise program is an extended, upgraded stay with reduced rates at select Playa all-inclusive resorts from August 1 through December 22, 2020 (including all-ages Hyatt Ziva Cancun, Hyatt Ziva Cap Cana, Hyatt Ziva Rose Hall as well as adults-only Hyatt Zilara Cancun, Hyatt Zilara Cap Cana, Hyatt Zilara Rose Hall and Sanctuary Cap Cana). In addition to Playa’s renowned all-inclusive offerings, guests who stay 14+ nights as part of the Work...

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Innospec Reports Second Quarter 2020 Financial Results

Excellent results in Performance Chemicals despite market volatility with operating income up 11 percentFuel Specialties and Oilfield Services impacted by significant decline in demandOctane Additives concludes as expected; Restructuring charge takenImpairment charge in Oilfield Services Drilling businessExcellent cash generation enhances strong liquidity position; Improvement in net cash to $18.6 millionENGLEWOOD, Colo., Aug. 04, 2020 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30, 2020. Total net sales for the quarter were $244.9 million, down 32 percent from the $362.4 million reported in the corresponding quarter last year.  There was a net loss of $39.7 million, or $1.62 per share, and an EBITDA loss of $19.5 million compared to a net income of $22.3...

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Wireless Telecom Group Announces New Addition to the Executive Leadership Team With Appointment of Chief Revenue Officer

Parsippany, New Jersey, USA, Aug. 04, 2020 (GLOBE NEWSWIRE) — Wireless Telecom Group (NYSE American: WTT), a leader providing specialized software, instruments, solutions, and components enabling the development, test and deployment of wireless communications and connectivity, announced the appointment of Alfred Rodriguez as Chief Revenue Officer (CRO). Mr. Rodriguez brings more than 20 years of experience leading sales and business development teams selling deep, design-in solutions and signal processing products. He joins the company from Xilinx.“We are delighted Alfred is joining the executive leadership team” said Tim Whelan, Wireless Telecom Group’s CEO, “Alfred is a proven executive with deep experience in digital signal processing and design-in solution sales, with a track record of building successful sales organizations...

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Johnson Matthey甲醇技术获选用于世界上单体最大的甲醇装置

伦敦, Aug. 05, 2020 (GLOBE NEWSWIRE) — 拥有大型甲醇装置设计和授权专业知识的可持续技术全球领先企业Johnson Matthey(JM)很高兴地宣布了又一项成功授权许可。JM已被中国宁夏宝丰能源集团股份有限公司选定,作为其位于宁夏银川附近煤制烯烃综合设施的第三个甲醇合成装置的许可方。该甲醇装置的规划产量为7200公吨/日,建成后将是世界上最大的单体甲醇装置。根据协议,Johnson Matthey将作为相关工程、技术审查、调试协助、催化剂和设备供应的许可方和供应商。JM甲醇装置将以合成气体为加工原料,并在专利串联回路中使用JM径向蒸汽提升转换器。该装置将使用JM催化剂生产稳定化甲醇,作为下游生产烯烃所使用的产品,从而提高能源效率,同时降低运营资本、资本性支出和排放量。该装置的启用将标志着JM在中国的第8个日产量超过5500公吨的装置运营许可。这是宁夏宝丰能源授权的第三个JM甲醇项目设计。此项授权之前的两个项目分别是近期于2020年5月成功试运行的产量为6600公吨/日的宝丰甲醇合成装置,以及2014年投入试运行的原建日产4450公吨甲醇合成装置。这标志着宝丰对JM在这一关键增长市场中的技术领导地位的认可,也显示了Johnson Matthey致力于大规模甲醇生产技术的决心和投入。“我们对与宁夏宝丰能源的持续合作感到非常自豪。这项合作证明了他们对JM的工程专业技能以及成功设计和帮助交付其大型甲醇装置的能力所抱有的信心,”Johnson Matthey董事总经理John Gordon表示。“在短短六年多时间里,我们坚实的合作伙伴关系促成了两座大型装置的开工投产且产量不断增加,而第三座世界级规模的装置也将要建成,这令人非常振奋。我们非常期待这一目标宏大的新阶段旅程,并继续提升世界一流的项目交付水平。”Johnson Matthey是科学领域的全球领先企业,致力于打造更清洁、更健康的世界。我们凭借200多年对创新和技术突破的孜孜追求,为客户产品带来性能、功能和安全性的改进。我们的科学对低排放运输、制药、化学加工和最有效利用地球自然资源等领域具有全球影响力。今天,14000多名Johnson...

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Johnson Matthey 甲醇技術獲選用於全球最大的單列甲醇工廠

倫敦, Aug. 05, 2020 (GLOBE NEWSWIRE) — 可持續技術的全球領導者 Johnson Matthey (JM) 在大型甲醇工廠的設計及許可方面擁有深厚專業知識,今天欣然宣佈獲得另一個成功的許可獎項。JM 已獲中國的寧夏寶豐能源集團選為位於中國寧夏銀川附近一間煤製烯烴廠房的第三家甲醇合成工廠的許可者。該甲醇工廠的計劃產能為 7,200 mtpd,建成後將成為全球最大的單列甲醇工廠。根據協議,Johnson Matthey 將成為相關工程、技術審查、調試協助、催化劑及設備供應的許可者及供應商。JM 甲醇工廠將以合成氣為原料,並在獲得專利的 Series Loop 中採用 JM 徑向蒸汽轉化器。工廠將與 JM 催化劑生產穩定的甲醇,旨在用作下游生產烯烴的產品,而工廠將提高能源效益,同時減低 OPEX、CAPEX 及排放。啟動後,其將代表 JM 在中國的第 8 個運營許可,工廠產能超過 5,500 mtpd。這是由寧夏寶豐能源持牌的第三個 JM 甲醇設計。在此獎項之前,最近取得的成功是 2020 年 5 月成功投產 6,600 mtpd 寶峰甲醇合成產品,以及於 2014 年投產的原始 4,450 mtpd 甲醇合成產品。這表示寶豐認可 Johnson Matthey 在這個關鍵增長市場中處於技術領導地位,同時證明 JM 對大規模甲醇生產交付的承諾及奉獻精神。Johnson Matthey 董事總經理 John Gordon 表示:「我們為與寧夏寶豐能源的持續合作感到自豪。這證明了其對 JM 的工程專業知識、成功設計及幫助交付其大型甲醇產品的能力充滿信心。在六年多一點的時間內,我很興奮看到雙方合作夥伴關係日趨強健,當中兩家大型工廠的規模不斷擴展,而且第三家世界級規模的工廠也逐步開始調試。我們非常期待旅程的下一里程碑,並將繼續提高世界一流項目的交付水平。Johnson Matthey 是科學界的全球領導者,致力塑造一個更清潔及更健康的世界。憑藉...

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La technologie de production de méthanol de Johnson Matthey a été sélectionnée pour la plus grande usine mondiale de méthanol mono-flux

LONDRES, 04 août 2020 (GLOBE NEWSWIRE) — Johnson Matthey (JM), le leader mondial des technologies durables, spécialisé dans la conception et l’octroi de licences pour les usines de méthanol de grande capacité, a le plaisir d’annoncer l’attribution d’une nouvelle licence d’exploitation. JM a en effet été sélectionné par le groupe chinois Ningxia Baofeng Energy en tant que concédant de licence de sa troisième usine de synthèse de méthanol, implantée sur son complexe de transformation du charbon en oléfines près de Yinchuan, dans la province du Ningxia. Une fois les travaux achevés, cette usine de méthanol dotée d’une capacité prévue de 7 200 tmpf sera le plus important site de production de méthanol mono-flux au monde.En vertu de cet accord, Johnson Matthey agira en qualité de concédant de licence...

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