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Day: August 25, 2021

Solvay and Shinkong create joint venture to serve booming Taiwan semiconductor demand

Solvay and Shinkong create joint venture to serve booming Taiwan semiconductor demand  The new electronic grade hydrogen joint venture will build on Solvay’s experience in Asia, Europe and the United States. Brussels, August 25, 2021 – 07:00 CEST Solvay and Shinkong Synthetic Fibers Corporation announced today that they have agreed upon the creation of a new joint venture, Shinsol Advanced Chemicals, for the development, production and marketing of electronic grade hydrogen peroxide. The joint venture is scheduled to begin operations in the first quarter of 2023 and will be located close to the Southern Taiwan Science Park near Tainan. The company aims to serve the booming Taiwan semiconductor industry with this indispensable chemical agent for the production of integrated electronic circuits and will have an initial production capacity...

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IBA Reports Half Year 2021 Results

25% SALES GROWTH AND STRONG IMPROVEMENT IN REBIT LINKED TO INCREASED ACTIVITY AND ACCELERATED BACKLOG CONVERSION STRONG BALANCE SHEET WITH EUR 69 MILLION NET CASH B-CORP CERTIFICATION IN RECOGNITION OF STAKEHOLDER COMMITMENT Louvain-la-Neuve, Belgium, 25 August 2021 – IBA (Ion Beam Applications SA), the world leader in particle accelerator technology, today announces its consolidated results for the first half of 2021.  H1 2021​(EUR 000)​ H1 2020​(EUR 000)​ Variance​(EUR 000)​ Variance​%​Net Sales​ 137 183​ 109 733​ 27 450​ 25.0%​PT & Other Accelerators​ 110 758​ 85 541​ 25 217​ 29.5%​Dosimetry​ 26 425​ 24 192​ 2 233​ 9.2%​REBITDA​ 5 745​ -3 983​ 9 728​ ​% of Sales​ 4.2%​ -3.6%​ ​ ​REBIT​ 674​ -9 940​ 10 614​ ​% of Sales​ 0.5%​ -9.1%​ ​ ​Profit Before Tax​ -843​ -11 826​ 10 983​ ​% of Sales​ -0.6%​ -10.8%​ ​ ​NET...

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Improved results for Mowi on strong salmon demand

(Bergen, 25 August 2021) Mowi achieved an operational EBIT of EUR 137 million in the second quarter of 2021, compared with EUR 99 million in the corresponding quarter of 2020. Strong demand for salmon drove prices higher in all markets in the quarter and resulted in better earnings for Mowi. Spot prices soared by 18% in Europe and close to 50% in the Americas. Generally less restrictive Covid-19 measures have sparked foodservice demand whilst retail demand holds up at a high level. “Demand for salmon has strengthened as Covid-19 measures have become less restrictive in most countries. The demand response was impressive during the quarter with approximately 25% higher global salmon prices year-on-year despite a relatively high global supply growth of 9% including frozen inventory release from Chile,” Mowi CEO, Ivan Vindheim, said. Profits...

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Merger of Orocobre Limited and Galaxy Resources Implemented

BRISBANE, Australia, Aug. 25, 2021 (GLOBE NEWSWIRE) — Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) is pleased to advise that the scheme of arrangement (Scheme) in relation to the merger of Orocobre and Galaxy Resources (Galaxy), has been implemented today. Scheme Consideration In accordance with the Scheme, all Galaxy shares have now been transferred to Orocobre and eligible Galaxy shareholders have been issued the Scheme consideration of 0.569 Orocobre shares for each Galaxy share held on the Scheme record date. The 292,598,572 newly issued Orocobre shares are expected to commence trading on ASX on a normal settlement basis from Thursday, 26 August 2021. Orocobre has also issued the Orocobre shares otherwise payable to “Ineligible Shareholders” (as defined in the Scheme Booklet) to a nominee...

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3D Printing Gases Market worth USD 152.18 million by 2028, registering a CAGR of 14.85% – Report by Market Research Future (MRFR)

New York, Aug. 25, 2021 (GLOBE NEWSWIRE) — 3D Printing Gases Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “3D Printing Gases Market: Information by Gas (Argon, Nitrogen), Technology (Stereolithography, Laser Sintering, Poly-Jet), Function (Cooling, Insulation), End-User (Automotive, Aerospace & Defense, Consumer Products), Region – Global Forecast till 2028” the market is projected to be worth USD 152.18 million by 2028, registering a CAGR of 14.85% during the forecast period (2021 – 2028), The market was valued at USD 47.82 Million in 2020. Market Scope: The MRFR analysis profiles some of the most important companies in the global 3D Printing Gases Market, namelyBASF SE (Germany) The Linde Group (Germany) Air Liquide (France) Praxair Inc (US) Air Products and...

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Monarch Casino & Resort Announces Management Changes

Chief Operating Officer David Farahi Leaving the Company to Pursue Business InterestsOutside the Gaming and Hospitality Industry 20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver,Appointed Corporate Vice President of Operations RENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) — Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or the “Company”) announced today that Chief Operating Officer David Farahi plans to leave the Company, effective September 3, 2021, to pursue business interests outside the gaming and hospitality industry. Monarch also announced that Michelle Shriver has joined the Company as Corporate Vice President of Operations. In this role, she will have primary responsibility for the operation of the newly expanded Monarch Casino Resort Spa Black Hawk and will reside in Denver, Colorado. Michelle...

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Timberland Bancorp, Inc. Announces the Retirement of Director James A. Davis

HOQUIAM, Wash., Aug. 24, 2021 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ – TSBK) (“Timberland” or the “Company”), the holding company for Timberland Bank (the “Bank”) today announced the retirement of James A. Davis as a director of the Company and of the Bank effective August 24, 2021 having reached Timberland’s mandatory retirement age. Mr. Davis has served as a Director of the Company and of the Bank since 2017. Jon Parker, the Company’s Chairman of the Board stated, “Jim’s dedicated service and commitment to the Company and the Bank during his tenure on the Boards has been exceptional and we have expressed to him our sincere appreciation for the leadership and direction he provided to the Bank’s management team. We wish him the best during his retirement.” Mr. Davis has been appointed an Advisory Director of the Company. “Jim’s...

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