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Month: May 2023

Liquid Soap Market Size Worth USD 28.79 Billion by 2027 | Fortune Business Insights™

Companies covered in Liquid Soap Market are The 3M Company (U.S.), Johnson & Johnson Services, Inc. (U.S.), Colgate-Palmolive Co.(U.S.), Reckitt Benckiser Group plc (U.K.), Lion Corporation (Japan), Procter & Gamble Co. (U.S.), Kao Corporation (Japan), Kimberly-Clark Worldwide, Inc. (U.S.), Unilever (U.K.), Henkel AG & Co. KGaA (Germany) and Other vendors. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global liquid soap market size is projected to be worth USD 28.79 billion by the end of 2027 on account of the increasing awareness and serious adoption of health and hygiene protocols. The current pandemic of COVID-19 is also propelling the demand for hygiene maintenance among people. The increasing population and prevalence of infectious diseases have led to a rising need to maintain sanitation both on a personal...

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Ensurge Micropower ASA – Q1 2023

Key highlights Q1 2023 Turn management’s key focus towards accelerating commercialization, predominantly by working more closely with customers, preparing our technology and product offering for mass manufacturing, and planning for production.  Implement a cost reduction program, including staffing cost. As a result, Q1 2023 total operating costs were down 42% year-on-year   A six-month game plan has been established together with key management, and progress is measured against it. Top three priorities in this plan are: 1) Deliver production ready samples to our key customers and ramp production, 2) Reduce cost, including office sub-lease and financial restructuring considerations aimed at reducing monthly cash burn-rate and create a one-off cash consideration the company, and 3) Apply for grants and other government incentives that...

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Heat Transfer Fluids Market to Hit USD 5372.24 Million by 2027 | Exclusive Report by Fortune Business Insights™

Key Companies covered in the heat transfer fluids market are Element Solutions Inc (U.S.), Caldic B.V. (Netherlands), Eastman Chemical Company (U.S.), Schultz Chemicals (Canada), Arkema S.A. (France), Isel (Florida), FRAGOL AG (Germany), Clearco Products Co., Inc. (U.S.), Arteco (Belgium), Eastern Petroleum (North Carolina), Dynalene, Inc. (Pennsylvania), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), Chevron Corporation (U.S.), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.) and more players profiled. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global heat transfer fluids market size is projected to reach USD 5,372.24 million by the end of 2027. The increasing demand for concentrated solar power will aid the growth of the market in the coming years. According to a report published by Fortune...

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BW Offshore: First quarter results 2023

First quarter results 2023 HIGHLIGHTSEBITDA of USD 79.0 million Operating cashflow of USD 128.1 million Equity ratio of 32.4% and USD 521.4 million in available liquidity Dividend of USD 0.063 (NOK 0.68)1 per share for the quarter Barossa FPSO project 67% complete per end of April 2023 Divested BW Opportunity and BW Athena, releasing USD 130 million of liquidity Short-term contract extensions signed for Abo FPSO and Espoir Ivoirien Repurchased USD 14 million of Senior Unsecured Convertible Bonds as per April 2023BW Offshore continued to execute the Barossa FPSO project with overall completion at 67% per end of April, according to plan. Hull blocks have been assembled in the floating dock and preparations for float out are progressing, with major equipment arriving at the topside construction yard. The FPSO project has achieved 14.1...

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BW Energy: FIRST QUARTER 2023 RESULTS  

FIRST QUARTER 2023 RESULTS     HIGHLIGHTS Q1 EBITDA of USD 18.5 million and net loss of USD 5.0 million  Q1 gross production of 665,500 barrels with 485,000 million net to BW Energy  Completed one lifting of 750,000 barrels (net BWE) at a price of USD ~77 per barrel  Maintained strong balance sheet with cash position of USD 166.4 million  USD 100 million accordion committed by three additional banks, bringing the total Dussafu RBL facility up to USD 300 million  First oil from Hibiscus / Ruche development in early April  Agreement to defer takeover of FPSO Polvo following revision to planned first oil from Maromba     EBITDA for the first quarter of 2023 was USD 18.5 million, down from USD 21.7 million in the fourth quarter of 2022, mainly due to lower oil production. One lifting to BW Energy is scheduled in the second...

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Construction contract in Estonia (Hampton by Hilton hotel building in Tallinn)

On 23 May 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GVP Invest Estonia OÜ entered into a contract for the construction of hotel building located at Jakobsoni 2 / Tartu mnt 49, Tallinn. The contract includes construction of 6-storey hotel building, that will operate as Hampton by Hilton hotel. The contract value is approximately EUR 14.0 million, plus value added tax. The building is scheduled to be completed in December 2024. AS Merko Ehitus Eesti (merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering and residential construction and develops residential real estate. To ensure the best quality and convenience for home buyers, Merko manages all phases of the development: planning, design, construction, sales and service during the warranty...

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BioSenic and Pluristyx sign term sheet for market availability of ALLOB mesenchymal cells

INSIDE INFORMATION Potential license agreement to produce and commercialize original and transformed ALLOB cells BioSenic to potentially receive royalty rates on net sales up to 25% Mont-Saint-Guibert, Belgium, May 24th2023, 7.00am CET – BioSenic (Euronext Brussels and Paris: BIOS), the clinical stage company specializing in serious autoimmune and inflammatory diseases and cell repair, today announces the signing of a term sheet with Pluristyx, a leading provider of gene-edited iPSC and cell therapy solutions, with a view to further negotiate the terms and conditions of a potential license and collaboration agreement. This term sheet will be used as basis for the preparation of a potential wider licensing and collaboration agreement to make BioSenic’s well characterized cells with various original properties available to the market. These...

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Corning Announces Price Increase for Display Glass Products

Corning, N.Y., May 23, 2023 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) is announcing a 20% increase to its display glass substrate prices. The global price increase will impact all regions, compositions, and glass Gen sizes beginning in the third quarter of 2023. This price adjustment is intended to offset ongoing elevated costs in energy, raw materials, and other non-yen denominated operational expenses during this period of extended inflation which has impacted many global industries, including the display industry. Corning expects growth in demand for display glass in the second half of 2023, driven by the continued recovery of the display industry and typical seasonal demand patterns. Corning will continue to monitor its operating environment and make decisions on future pricing adjustments taking into consideration...

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Jourdan to Add Mining Claims to Flagship Vallée Project

Figure 1 The to be acquired block (red) in between Jourdan’s Vallée and Vallée NE concessions and the location of the North American Lithium Mine (Sayona).TORONTO, May 23, 2023 (GLOBE NEWSWIRE) — JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has entered into an asset purchase agreement dated as of May 19, 2023 with Globex Mining Enterprises Inc. (the “Agreement”) to acquire six mining claims located north of Val d’Or in Quebec (the “Claims”). The Claims are surrounded by the Company’s other mining claims in the area known as the Vallée project (see figure 1 below). Consideration for the acquisition is as follows:C$100,000; 2,040,816 common shares of the Company at a deemed price of $0.0735 per share, being the 10-day volume weighted average price of the...

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Apollo Applies to Amend Warrant Terms

VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) announces it has applied to the TSX Venture Exchange (“TSXV”) to reprice and the extend the expiry date of 35,266,667 common share purchase warrants (the “Warrants”) issued to subscribers under the Company’s private placement that closed on July 6, 2021. The Company proposes to extend the Warrant expiry date from July 8, 2023, to July 8, 2026, and reprice the Warrant exercise price for the third, fourth and fifth year of the amended Warrant term at $0.79 (the “Amended Terms”). All other terms of the Warrants will remain unchanged. The Amended Terms are subject to acceptance by the TSXV and approval of the Warrant holders by extraordinary resolution, as detailed below. The Warrants...

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