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Day: August 16, 2023

Global Zinc Oxide (ZnO) Market Size to Reach USD 7.72 Billion in 2030 | Emergen Research

Increasing use of zinc oxide nanoparticles in various applications is a major factor driving zinc oxide market revenue growth. Vancouver, Aug. 16, 2023 (GLOBE NEWSWIRE) — The global zinc oxide market achieved a substantial valuation of USD 4.92 Billion in 2021 and is anticipated to sustain a commendable revenue compound annual growth rate (CAGR) of 5.2% over the forecast period, as per the latest comprehensive analysis by Emergen Research. This robust growth trajectory is chiefly propelled by the burgeoning utilization of zinc oxide nanoparticles across diverse applications, signifying a pivotal driver underpinning market revenue expansion. Zinc Oxide (ZnO) Nanoparticles (NPs) emerge as a dynamic platform for an array of applications, particularly within the realm of biomedical research. Their remarkable attributes encompass potent...

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Gas Turbine Market Size Worth USD 27.57 Billion, Globally, by 2030 at a CAGR of 4.11%

According to Fortune Business Insights, the global Gas Turbine Market size is projected to grow from USD 19.74 Billion in 2022 to USD 27.57 Billion in 2030 at CAGR of 4.11% during forecast period. Pune, India, Aug. 16, 2023 (GLOBE NEWSWIRE) — The global gas turbine market size was valued at USD 19.74 billion in 2022. The market is projected to reach a valuation of USD 20.79 billion in 2023 and by 2030 the market size will hit USD 27.57 billion, growing at a CAGR of 4.11% during the forecast period. Fortune Business Insights™ shares this information in its report titled “Global Gas Turbine Market, 2023-2030. A gas turbine consists of a combustor, an upstream rotating gas compressor, and a downstream turbine on the same shaft as a compressor. The demand for electricity and growth in the aviation industry is set to drive the...

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Global Sulfuric Acid Market Size to Reach USD 41.11 Billion in 2032 | Emergen Research

Rising demand for sulfuric acid from fertilizer and downstream chemicals is a key factor driving sulfuric acid market revenue growth. Vancouver, Aug. 16, 2023 (GLOBE NEWSWIRE) — In 2022, the worldwide sulfuric acid market reached a value of USD 13.52 Billion, and it is projected to maintain a consistent growth trajectory with a revenue CAGR of 11.9% throughout the forecast period, as per the most recent study by Emergen Research. The primary driver of this market’s revenue expansion is the increasing demand for sulfuric acid within the fertilizer and downstream chemicals sectors. Sulfuric acid, a potent mineral acid composed of sulfur, oxygen, and hydrogen, finds widespread application in numerous industries for the production of other chemicals, explosives, and adhesive materials used in metal treatment and petroleum refining. Furthermore,...

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Prairie Operating Co. Executes Option to Acquire Remaining Exok, Inc. Assets

Core Position in Oil-Rich DJ Basin Grows to Over 37,000 Acres HOUSTON, TX, Aug. 16, 2023 (GLOBE NEWSWIRE) — Prairie Operating Co. (OTCQB: CRKR; the “Company”), is pleased to announce the execution of its option to acquire the remaining Exok, Inc. (“Exok”) assets located in Weld County, Colorado.   In conjunction with executing this option, the Company closed on a $20 million Private Investment in Public Equity (“PIPE”) offering. The Exok asset is offset by industry-leading operators and positioned within the core of Denver-Julesburg “DJ” Basin, a premier U.S. Shale Basin.  Following the closing, the Company will control a total of approximately 37,189 acres in Weld County, Colorado. The decision to exercise the option underscores the Company’s continued commitment to enhancing and expanding its market presence. “I...

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Stock Yards Bancorp Increases Quarterly Cash Dividend to $0.30 Per Common Share

LOUISVILLE, Ky., Aug. 16, 2023 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.30 per common share. The dividend will be paid on October 2, 2023, to stockholders of record as of September 18, 2023. Commenting on the announcement, James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “Solid franchise growth contributes to our ability to steadily increase dividends and to further build shareholder value. With this announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 16 times since 2012, resulting...

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Duos Railcar Inspection Portal Technology Now Operational in 13 Locations Across the North American Rail Network

Duos-Powered Artificial Intelligence Technology Performed Over 3.8 Million Scans Through the First Half of 2023Duos Railcar Inspection Portal Technology Now Operational in 13 Locations Across the North American Rail NetworkDuos Railcar Inspection Portal Technology Now Operational in 13 Locations Across the North American Rail NetworkDuos-Powered Artificial Intelligence Technology Performed Over 3.8 Million Scans Through the First Half of 2023JACKSONVILLE, Fla., Aug. 16, 2023 (GLOBE NEWSWIRE) —  Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, today announced that the Company now has 13 Railcar Inspection Portals (“rip®” or “RIP”) in operation with...

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American Shared Hospital Services Subsidiary, GK Financing LLC, Introduces a New Dedicated Online Platform Redefining Access to Gamma Knife Radiosurgery Treatment Financing

SAN FRANCISCO, CA, Aug. 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – GK Financing LLC (GKF), a subsidiary of American Shared Hospital Services (NYSE American: AMS), is excited to announce the launch of its new dedicated website, www.gkfinancingllc.com, that aims to revolutionize the way Healthcare professionals in Neuroscience and Radiosurgery access creative financing alternatives to obtain the Gamma Knife for non-invasive radiosurgery treatments. GKF specializes in providing affordable financing and turnkey solutions for critical radiosurgery procedures and is committed to breaking down financial barriers to increase patient access to the care they need without unnecessary stress, while allowing Healthcare providers to obtain advanced medical treatment technology with no capital outlay. The website has good explanations about...

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RVL Pharmaceuticals plc Announces $5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

BRIDGEWATER, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) — RVL Pharmaceuticals plc (Nasdaq: RVLP) (“RVL” or the “Company”), a specialty pharmaceutical company focused on the commercialization of UPNEEQ® (oxymetazoline hydrochloride ophthalmic solution), 0.1%, for the treatment of acquired blepharoptosis, or low-lying eyelid, in adults, today announced that it has entered into definitive agreements for the purchase and sale of 11,870,846 of its ordinary shares (or ordinary share equivalents in lieu thereof) at a purchase price of $0.4212 per ordinary share (or ordinary share equivalent in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. The Company also agreed to issue to the investors unregistered series A-1 warrants to purchase up to 11,870,846 ordinary shares and unregistered series A-2 warrants...

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Stock Yards Bancorp Promotes Shannon Budnick to Executive VP, Director of Wealth Management & Trust Group, Effective January 3, 2024

LOUISVILLE, Ky., Aug. 16, 2023 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that Kathy C. Thompson will retire from her position as Senior Executive VP, Director of Wealth Management & Trust Group, effective January 2, 2024. Effective January 3, 2024, Shannon Budnick, currently Senior VP and Managing Director of Investments, will succeed Ms. Thompson in the position of Executive VP, Director of Wealth Management & Trust Group. “Shannon’s appointment is a natural progression of our succession planning and facilitates a seamless transition as she has worked alongside Kathy for more than...

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KULR Selected by a Top-Selling Global Automaker for Next Generation EV Battery Safety and Testing Solutions

Contract to Test and Analyze High-Energy Battery Cells for Next Generation Electric Vehicles SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced it has received a contract from one of the world’s top-selling automakers (“Automaker”) for testing and analysis of high-energy battery cells for its next generation electric vehicles. The Company will implement its KULR ONE Design Solutions (“K1-DS”) platform to accelerate design readiness for the Automaker’s advanced EV roadmap. KULR’s rigorous testing protocols incorporate its extensive spaceflight expertise and proprietary KULR ONE Design Solutions to deliver what KULR believes to be the world’s most rigorous testing platform...

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