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Day: August 9, 2023

Plastic Resins Market Set to Soar Past USD 1086.71 Billion by 2030

The global Plastic Resins market size is expected to reach USD 1086.71 billion by 2030 and exhibit a CAGR of 4.5% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand from packaging and consumer goods industries, growing construction and infrastructure activities, expanding automotive and transportation sectors, favorable government regulations and initiatives, are fueling the market’s growth. Westford USA, Aug. 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Plastic Resins market, growing demand for sustainable and biodegradable plastic alternatives, increased focus on recycling and circular economy practices, rising adoption of bio-based and renewable plastic resins, advancements in plastic resin technology and material properties,...

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Canada Black Soldier Fly Market Set to Soar Past USD 1.76 Billion by 2030

The Canada Black Soldier Fly market size is expected to reach USD 1.76 billion by 2030 and exhibit a CAGR of 30.5% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing demand for sustainable protein sources, increasing adoption of insect-based feed in livestock and aquaculture industries, rising consumer awareness about the environmental benefits of black soldier fly products, and emerging research and development activities in optimizing black soldier fly production are fueling the Market’s growth. Westford USA, Aug. 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest research of the Canada Black Soldier Fly market, increased commercial-scale production of black soldier fly larvae, development of innovative insect farming technologies, rising investments in research...

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ThinkOn Acquires a Division of Probax to Expand its Data Centre Footprint in Australia and North America

TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) — ThinkOn, a Channel-First cloud solution provider (CSP) with a global data centre footprint, has purchased the client base and related assets and services from Probax. The deal divests Probax of its backup and disaster recovery-related storage, freeing it to pivot its business to focus on its innovative software offerings, while ThinkOn gains its infrastructure, partner base, and a team of specialists to help accelerate its 24/7 follow-the-sun technical support. “It was demand from long-term strategic partners that created the impetus for us to grow a larger and more established presence in Australia,” says Dan Timko, chief strategy officer at ThinkOn. “We’re a Channel-First company; therefore, we always aim to best serve our partners. With Probax, strategy, need, timing, and opportunity...

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Motion Capture System Market Analysis by Emergen Research: Revenue Projections and Growth Trends

Technological advancements for motion capture systems is a key factor driving global market revenue growth. Vancouver, Aug. 09, 2023 (GLOBE NEWSWIRE) — Emergen research is one of the pioneers in providing strategic insights for emerging and disruptive technologies which are supposed to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Procurement Analytics Market. In a rapidly evolving technological landscape, Motion Capture Systems (MCS) have emerged as a pivotal tool for industries seeking to enhance their capabilities and redefine the boundaries of creativity. Drawing insights from extensive analysis, this exploration delves into the intricacies of the Motion Capture System Market, uncovering its transformative potential across various sectors. Motion Capture...

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Propionic Acid Market to Surpass 1.42 Billion by 2030 Drives Due to Growing Need for Animal Feed

SkyQuest projects that the propionic acid market will attain a value of USD 1.42 billion by 2030, with a CAGR of 3.78% over the forecast period (2023-2030). The global population is projected to reach 9.1 billion by 2050 as per the published data from the Food and Agriculture Organization of the United States. Food production will need to increase by approximately 70% to meet the dietary needs of growing population. This increase in food production is crucial, especially in developing countries where the demand for food is expected to double by 2050 in the propionic acid market. Westford,USA, Aug. 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the demand for propionic acid market is expected to significantly boost during the forecast period with the growing need for animal feed and the increasing awareness of grain preservation...

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Coronary Stents Products Market Analysis by Emergen Research: Revenue Projections and Growth Trends

Increasing prevalence of cardiac disorders and heart failure is one of the major factors driving coronary stents products market revenue growth. Vancouver, Aug. 09, 2023 (GLOBE NEWSWIRE) — Emergen research is one of the pioneers in providing strategic insights for emerging and disruptive technologies which are supposed to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Coronary Stents Products Market. In a world where medical advancements are constantly reshaping the landscape of healthcare, a profound transformation is underway in the field of coronary care. The latest analysis by Emergen Research, delves into the intricate realm of Coronary Stents Products, unveiling insights that are poised to revolutionize cardiovascular treatments. Coronary Stents Products...

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Synthetic Lubricants Market to Worth USD 23.4 Billion by 2030 | Skyquest Technology

Synthetic lubricants market is segmented based on type, product type and end user. The market is segmented into PAO, esters, and PAG based on application. Based on product type, the synthetic lubricants market is segmented into engine oil, transmission and hydraulic fluids, metalworking fluids, general industrial oils, greases, process oils, etc. Based on application, the synthetic lubricants market is segmented into power generation, automotive and other transportation, heavy equipment, food and beverage, metallurgy and metalworking, chemical manufacturing, and other- Industry Forecast 2023-2030 Westford,USA, Aug. 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the surge in synthetic lubricants market growth can be directly attributed to the exceptional attributes exhibited by synthetic lubricants. These lubricants possess...

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Karat Packaging Declares Special Cash Dividend; Approves Quarterly Cash Dividend Policy and Declares Quarterly Cash Dividend

CHINO, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Board of Directors has declared a special cash dividend of $0.40 per share on the Company’s common stock. Additionally, the Board of Directors approved a quarterly cash dividend policy and declared a quarterly cash dividend of $0.10 per share on the Company’s common stock. The amount of future quarterly cash dividends will be at the sole discretion of the Board of Directors. Both dividends are payable on or about August 31, 2023, to shareholders of record at the close of business on August 23, 2023. “The initiation of a quarterly dividend represents a milestone for Karat, which has been a publicly traded...

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TransUnion Declares Second Quarter 2023 Dividend of $0.105 per Share

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the second quarter 2023. The dividend will be payable on September 7, 2023, to shareholders of record on August 23, 2023. About TransUnion (NYSE:TRU)  TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics....

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First Advantage Reports Second Quarter 2023 Results

Board of Directors declares one-time special dividend Second Quarter 2023 Highlights¹ Generated Revenues of $185.3 million; Constant Currency Revenues were $186.4 million Delivered Net Income of $9.8 million; Adjusted Net Income was $34.8 million Produced Adjusted EBITDA of $56.0 million; Constant Currency Adjusted EBITDA was $56.1 million Realized GAAP diluted net income per share of $0.07; Adjusted Diluted Earnings Per Share was $0.24 Achieved Cash Flows from Operations of $33.1 million First Advantage’s Board of Directors declared a one-time special dividend of $1.50 per share, which represents a greater than 10% return of capital to shareholders 2023 Full-Year Guidance Second quarter Revenues and Adjusted EBITDA results were in-line with expectations communicated during the first quarter 2023 earnings conference call. The full-year...

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