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Day: March 6, 2023

International Petroleum Corporation Announces Completion of Acquisition in Suffield Area, Alberta, Canada

TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce completion of the acquisition of oil and gas assets in the Suffield area, southern Alberta on the terms as previously announced on February 6, 2023. Mike Nicholson, IPC’s Chief Executive Officer, comments: “We are very pleased to complete the acquisition of almost 16 million barrels of oil equivalent (boe) of proved plus probable (2P) reserves adjacent to our existing Suffield area assets in Alberta. We forecast average net daily production from these assets of approximately 4,000 boe for 2023, with recent net daily production rates in excess of 5,000 boe. The 2023 Ellerslie drilling program continues both on these acquired lands and on IPC’s existing Suffield area assets....

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With 13.58% CAGR, Dairy Alternatives Market to Hit USD 61.43 Billion by 2029 | Rising Veganism & Lactose Intolerant Population to Boost Growth

Companies covered in Dairy Alternatives Market are Danone S.A. (France), Archer-Daniels-Midland Company (U.S.), Blue Diamond Growers (U.S.), SunOpta, Inc. (Canada), Vitasoy International Holdings Ltd (Hong Kong), Daiya Food, Inc. (Canada), Goya Foods, Inc. (U.S.), Living Harvest Foods, Inc. (India), Organic Valley (U.S.), Eden Foods, Inc. (U.S.), and more players profiled Pune, India, March 06, 2023 (GLOBE NEWSWIRE) — The global the dairy alternatives market size was USD 22.25 Billion in 2021. The market is projected to grow from USD 25.19 Billion in 2022 to USD 61.43 Billion by 2029 at a CAGR of 13.58% during the 2022-2029 period. Fortune Business Insights™ publishes this information in a report titled, “Dairy Alternatives Market, 2022-2029″. As per the report, the market is projected to grow during the projected...

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Aerospace Bearings Market to Worth USD 17.44 Billion | At a CAGR 7.95%

Companies covered in Aerospace Bearings Market are (The U.S.), Aurora Bearings (The U.S.), GGB Bearings Technology (The U.S.), JTEKT (Japan), Kaman Specialty Bearings (Germany), National Precision Bearings (The U.S.), New Hampshire Ball Bearings (The U.S.), August Steinmeyer GmbH & Co. KG (Germany), UMBRAGROUP (Italy), Kugel Aerospace & Defence (The U.K.) and Other Players Pune India, March 06, 2023 (GLOBE NEWSWIRE) — The global aerospace bearings market is projected to gain momentum from the rising utilization of high-load capacity bearings in aircraft. This information is published in an upcoming report by Fortune Business Insights™, titled, “Aerospace Bearings Market Size, Share & Industry Analysis, and Regional Forecast, 2021-2028.” The report further mentions that the aerospace industry is expanding rapidly...

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Unifiedpost shows significant growth in recurring digital processing achieving threshold of 1 million of customers

Focus on cash flow starts to become visible – positive EBITDA in H2 2022 La Hulpe, Belgium – March 6, 2023, 7:00 a.m. CET – [INSIDE INFORMATION] – Unifiedpost Group (Euronext: UPG) (Unifiedpost, the Group or the Company) is pleased to announce for FY2022 a significant double-digit recurring digital processing revenue growth (19,1% y-o-y). The customer base grew by a strong 34,2% in 2022, exceeding the threshold of one million customers, 2,1 million companies were YE2022 in the Unifiedpost digital network. Unifiedpost has finalised its accelerated investment phase and shifted its focus to cash flow generation and is well on the way to become cash flow positive for the period of H2 2023. HighlightsStrong growth of core recurring digital processing revenue 19,1% y-o-y FY2022 Group revenue increased by 12,0% y-o-y to €190,9 million Acceleration...

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Figures for 2022 – Schweiter Technologies holds its own in a challenging business environment

Ad hoc announcement pursuant to Art. 53 LR Figures for 2022 Schweiter Technologies holds its own in a challenging business environmentSales slightly above previous year once adjusted for currency effects (-2% at current exchange rates), supported by price increases and growth in North America EBITDA at CHF 85.5 million (previous year: CHF 151.5 million) Results impacted by significant cost increases, consequences of the economic slowdown in Europe, COVID lockdowns in China and negative currency effects Measures implemented to increase efficiency and lower costs in order to boost competitiveness; non-recurring expenses affect result Proposed conversion of bearer shares into registered shares and general revision of Articles of Incorporation Change of Chairman of Board of DirectorsSteinhausen, 6 March 2023 – In a challenging business...

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Alkaline Fuel Cell Power Announces 2023 Priorities

Figure 1 List of 2023 prioritiesFigure 2 Updated Investor Presentation – March 2023TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, announces 2023 Priorities. “With the recent launch of Jupiter 1.0 fuel cell prototype, PWWR has the opportunity to greatly reduce our burn and match fuel cell business spend to strategic pilot projects. Coupled with investments in CHP business line- PWWR Flow Streams- PWWR is focused on creating an EBITDA-positive platform within next 4-6 quarters,” stated Frank Carnevale, CEO. “Timing will be based on speed and size of accretive acquisitions and deployment of capital for...

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Service Robotics Market Size Worth USD 57.35 billion at a CAGR of 16.6% by 2029

Service Robotics Market To Reach USD 57.35 Billion by 2029; Ricoh Acquires Axon Ivy AG to Spur Growth Pune, India, March 05, 2023 (GLOBE NEWSWIRE) — The global service robotics market size was USD 16.95 billion in 2021. The market is expected to grow from USD 19.52 billion in 2022 to USD 57.35 billion by 2029, at a CAGR of 16.6 % during the 2022 to 2029 forecast period.This information is provided by Fortune Business Insights, in its report titled, “Service Robotics Market, 2022-2029. Market Driving Factors: Accessibility of Affordable Service Robots to Fuel Market Growth The cost of creating robots has decreased dramatically as a result of the quick technological developments and increase in robot production. The average cost of a robot has decreased over the past 30 years by half in real terms and significantly more when...

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White Inorganic Pigment Market is Projected to Cross USD 13.09 Billion by 2028 at a CAGR of 8.62% from 2022-2028; Increasing Demand for White Inorganic Pigment in Various End-Use Industries to Push Market Growth

SkyQuest, a renowned research firm, has recently released a comprehensive report on the white inorganic pigment market, providing trustworthy insights into the major trends and developments in the global industry. The report assesses the competitive landscape, growth opportunities, and effective strategies for achieving growth, making it an indispensable guide for businesses seeking to enter or expand in the market. Westford, USA,, March 05, 2023 (GLOBE NEWSWIRE) — The white inorganic pigment market is currently dominated by the Asia Pacific region and is expected to maintain its leading position in the coming years. The growth is driven by several factors, including the growing demand for improved aesthetics and the increasing need for these pigments in the construction industry. The construction of buildings, offices, and public...

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Adagene Appoints Professor Aurélien Marabelle to Scientific and Strategic Advisory Board

– Brings deep insight in tumor-specific Treg depletion for anti-CTLA-4 therapies delivered intratumorally to overcome dose dependent toxicities – – Expertise contributes to Adagene’s novel anti-CTLA-4 therapies delivered systemically at higher and repeated doses with compelling safety – SAN DIEGO and SUZHOU, China, March 05, 2023 (GLOBE NEWSWIRE) —  Adagene Inc. (“Adagene”) (Nasdaq: ADAG), a company transforming the discovery and development of antibody-based therapies, today announced the appointment of Professor Aurélien Marabelle, MD, PhD, to its Scientific and Strategic Advisory Board (the “SAB”). Professor Marabelle is a physician-scientist with expertise in oncology and immunology. His clinical practice is dedicated to early phase clinical trials of cancer immunotherapies with strong translational...

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