Day: September 24, 2020

Corbion and Total today announced their intention to build a new PLA bioplastics plant in Europe through their Total Corbion PLA joint venture. The plant is expected to have a capacity of 100,000 tons per annum, being the first world-scale PLA production facility in Europe. The new plant is planned to be located in Grandpuits, France and to be operational in 2024.Olivier Rigaud, CEO of Corbion is delighted with the development of the joint venture and the market for PLA: “This is excellent news for Corbion, Total, our joint venture, and for the world. Fully in line with our purpose ‘Preserving what matters’, PLA is increasingly finding its place as a bioplastic, enabling acceleration towards a circular economy. In our recently released Advance 2025 strategy one of our goals is, together with Total, to become the market leader in PLA....

Corbion en Total maken vandaag hun voornemen bekend om via hun joint venture Total Corbion PLA een nieuwe PLA-bioplastics fabriek te bouwen in Europa. Met een capaciteit van naar verwachting 100.000 ton per jaar is de fabriek de eerste PLA-productiefaciliteit op wereldschaal in Europa. De geplande locatie van de nieuwe fabriek is Grandpuits, Frankrijk, en hij zal naar verwachting in 2024 operationeel zijn.Olivier Rigaud, CEO van Corbion, is zeer te spreken over de ontwikkeling van de joint venture en de markt voor PLA: “Dit is fantastisch nieuws voor Corbion, Total, onze joint venture en voor de wereld. Geheel in lijn met onze purpose ‘Preserving what matters’ vindt PLA in toenemende mate zijn plek als bioplastic, waardoor de overgang naar een circulaire economie versneld kan worden. In onze recent bekendgemaakte strategie Advance 2025...

SAN DIEGO, Sept. 24, 2020 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed the implementation of its new global funding structure.“The completion of our new global funding structure is a pivotal event in the evolution of Encore,” said Ashish Masih, President and Chief Executive Officer. “We successfully combined the balance sheets of our two largest operating units to arrive at a simple, unified funding structure that maximizes our financial flexibility. We have also improved our maturity profile and expect a material reduction in funding costs over time. Now, after having implemented this structure, our balance sheet strength and funding diversity put us in a strong position to capitalize on attractive opportunities that arise from the...

CAMBRIDGE, United Kingdom, Sept. 24, 2020 (GLOBE NEWSWIRE) — Bango (AIM: BGO), the global platform for data-driven commerce, announces a strategic partnership with Evergent, the leading revenue and customer-lifecycle management platform. The agreement brings together two leading OTT technologies used by media companies and telcos to provide the world’s best entertainment to their customers everywhere.Evergent, based in Silicon Valley, provides sophisticated monetization solutions to leading global digital service providers worldwide. Its flexible, feature-rich platform enables customers to simplify the consumer buyer journey and accelerate time to revenue with its multi-tenant, cloud-based solutions.Through this partnership, Evergent customers can deliver a simplified consumer journey, by easily launching multiple merchants integrated...

Reference is made to the stock exchange notice on 26 May 2020 and 30 June 2020. Hofseth BioCare ASA (“HBC”) announces that the first part of its accelerated phase 2 trial of CARDIO™ soft gels for the treatment of patients with COVID-19 respiratory symptoms has been launched as a “virtual trial” in major cities across Ontario. This allows the broadening of the trial to include patients who are currently self-isolating with COVID-19. These patients will participate in the 28-day study via a virtual platform. The trial will be conducted for HBC by the clinical research organization, KGK. The platform allows KGK to interact one-on-one with each participant from the comfort and safety of their homes while adhering to public health guidelines.This Health Canada approved phase 2 clinical trial will examine the benefit of CARDIO™ soft gels /...

Unveiling of new COVID-19 personalised real-time Breath Test and Digital Health Pass PlatformCOVID-19 wastewater Microtox ready for beta testingHeads of Agreement with Avacta and Aptamer Group for commercial scale supply of SARS-CoV-2 binding agentsYORK, England, Sept. 24, 2020 (GLOBE NEWSWIRE) — Integumen today announces progress for its COVID-19 wastewater detection system, Microtox PD, in collaboration with Modern Water plc (“Modern Water”), Avacta Group plc (“Avacta”) and Aptamer Group Limited (“Aptamer”).  The Company also today announces the unveiling of a new personalised COVID-19 breath test, Microtox BT, and its complementary Digital Health Pass platform.Integumen is working with a consortium of companies collaborating to find solutions in the fight against COVID-19 pandemic.  The consortium...

It looks like tech giants has save the day which pulled up the market a bit higher after the market selloff that had ran yesterday. It even stop the concerns comes over Federal Reserve officials remark about how slow is the economic recovery going. According to Federal Reserve’s Chairman, Jerome Powell, the US economy has a long way to go before it recovers and is still greater support than the usual. Nasdaq just outperformed in today’s session led by Amazon that rose more than 5% up in its shares. Apple and Facebook also contributed after ending both higher in today’s trade. Here are the main movements in the Global Stock Market this Tuesday; Stocks – S&P 500 increased about 34.51 points or 1.05% higher to 3,315.57.– The Dow Jones Industrial Average gained 140.48 points or almost 1% to 27,288.18, taking back some of its...

It seems that the September curse will keep its pace the whole month, after major indices together with treasuries and crude slumped all at the same time in fear that the pandemic is not getting any better and uncertainty on further U.S. fiscal stimulus sum up. Investors anxiety over another wave of coronavirus cases has start after reports that UK is about to push another national lockdown to stop the further increase of affected cases in their country. Here are the main movements in the Global Stock Market this Monday; Stocks – The Dow Jones Industrial Average dipped big around 509 points or 1.8% lower to 27,147.70.– Nasdaq Composite is also down about 14.48 points or 0.13% lower to 10,778.80.– S&P 500 fell short with 38.42 loss or 1.16% lower to 3,281.05.– The Stoxx Europe 600 Index dropped about 3.2%.–...

CGG Commences Second Phase of Largest OBN Multi-Client Survey in UK CNSParis, September 24, 2020CGG announced today completion of the first phase of its multi-year program to deliver the largest OBN multi-client survey ever acquired in the UK Central North Sea (CNS) and immediate commencement of the second acquisition phase. The survey started in March 2020 and has already received significant industry interest and prefunding, with first images targeted for Q1 2021.The Central North Sea is a highly prospective region of the UK Continental Shelf. With recent discoveries, including Glengorm and Isabella, there is increasing focus on the deeper, higher risk Jurassic and Triassic plays, typically under high pressure, high temperature conditions. Furthermore, the presence of complex structural processes associated with Permian salt movement...

CGG Démarre la Deuxième Phase de la Plus Grande Etude OBN Multi-Clients de la Partie Centrale de la Mer du NordParis, France – le 24 septembre 2020CGG annonce ce jour la fin de la première phase de son programme pluriannuel destiné à livrer la plus grande étude multi-clients de données sismiques de fond de mer (OBN) jamais réalisée dans la partie centrale de la Mer du Nord (CNS) ainsi que le démarrage immédiat des opérations d’acquisition de données de la deuxième phase.Cette étude qui a démarré en mars 2020 et suscité un vif intérêt de la part de l’industrie, bénéficie d’un important préfinancement des clients. Les premières images devraient être disponibles au premier trimestre 2021.Depuis les récentes découvertes notamment de Glengorm et d’Isabella dans la partie centrale de la Mer du Nord considérée comme une région...