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Month: August 2023

Global Biochar Market Size to Reach USD 454.3 Million in 2030 | Emergen Research

Increasing demand for biochar in the agricultural sector is a key factor driving revenue growth of the biochar market Vancouver, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global biochar market achieved a USD 160.9 Million scale in 2021, and it is projected to exhibit a 12.1% compound annual growth rate (CAGR) in revenue over the forecast period, as analyzed by Emergen Research. The prevalent utilization of biochar in agriculture applications, along with its integration into animal feed and poultry farming within emerging economies, is anticipated to sustain the upward trajectory of market revenue. Biochar finds its application in enhancing both the physical and chemical attributes of soil for agricultural purposes. Its application contributes to heightened agricultural productivity and improved crop development, while simultaneously...

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Global Recycled Carbon Fiber Market Size to Reach USD 342.0 Million in 2030 | Emergen Research

Increasing demand for lightweight materials and products from end-users is a key factor driving recycled carbon fiber market revenue growth Vancouver, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global market for recycled carbon fiber had a total value of USD 126.0 Million in 2021, and it is anticipated to exhibit a compound annual growth rate (CAGR) of 11.7% throughout the projected timeframe, as per the latest analysis conducted by Emergen Research. A significant driving force behind the expansion of this market revenue is the growing emphasis on the advancement of alternative technologies. These technologies, exemplified by wind turbines and solar panels, harness natural resources effectively to generate power, contributing to the upward trajectory of the market. Carbon fiber, known for its versatility, finds extensive application...

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Folding Bicycle Market Set to Soar Past USD 2012.29 Million by 2030 | Skyquest Technology

Explore a range of sizes: 20, 24, and 26 inches, with drive options of Conventional and Electric. Available through Online and Offline channels, Folding Types include Vertical and Horizontal. Crafted from Aluminum, Steel, Carbon Fiber, or Titanium, these options cater to various budgets: Low, Medium, and Premium Range. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global Folding Bicycle market size is expected to reach USD 2012.29 million by 2030 and exhibit a CAGR of 8.9% in the forecast period (2023−2030), according to Skyquest’s latest research report. The urbanization and traffic congestion, emphasis on eco-friendly transportation solutions, increasing adoption of active and healthy lifestyles, compact and portable commuting options, integration of innovative folding mechanisms and designs, government incentives...

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Injection Molded Plastic Market Set to Soar Past USD 429.6 Billion by 2030 | Skyquest Technology

Delving into Injection Molded Plastics unveils its dimensions, market influence, and evolving trends. With Polystyrene, HDPE, ABS, and PP as raw materials, applications span Building, Automotive, Electronics, Packaging, and Medical sectors. This forecast envisions the industry’s path from 2023 to 2030. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global Injection Molded Plastic market size is expected to reach USD 429.6 billion by 2030 and exhibit a CAGR of 4.2% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand from automotive and electronics industries, lightweight and cost-effective manufacturing solutions, technological advancements in injection moulding techniques, growing emphasis on sustainability and recyclability, expanding packaging and consumer...

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Regarding the approved electricity and natural gas WACC for 2024

AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 August 2023 National Energy Regulatory Council (hereinafter – NERC) has approved the updated data for calculating the weighted average cost of capital (hereinafter – WACC) for electricity and natural gas sectors. Accordingly, WACC for the Group’s Networks as well as Customers & Solutions segments from 1 January 2024 will be as follows:Business segment(activity) Company WACC 2023 WACC 20241 Change Regulated asset base(RAB) 20232Networks (electricity) AB “Energijos skirstymo operatorius” (ESO) 4.17% 5.09% +0.92 pp EUR 1,183 millionNetworks (natural gas) AB “Energijos skirstymo operatorius” (ESO) 3.99% 5.03% +1.04 pp EUR 254 millionCustomers & Solutions UAB “Ignitis” 3.09% 4.36% +1.27 pp EUR 8 million31 WACC was calculated based on the updated Methodology...

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Regarding the approved electricity and natural gas WACC for 2024

AB “Ignitis grupė” (hereinafter – the Group) informs that on 17 August 2023 National Energy Regulatory Council (hereinafter – NERC) has approved the updated data for calculating the weighted average cost of capital (hereinafter – WACC) for electricity and natural gas sectors. Accordingly, WACC for the Group’s Networks as well as Customers & Solutions segments from 1 January 2024 will be as follows:Business segment(activity) Company WACC 2023 WACC 20241 Change Regulated asset base(RAB) 20232Networks (electricity) AB “Energijos skirstymo operatorius” (ESO) 4.17% 5.09% +0.92 pp EUR 1,183 millionNetworks (natural gas) AB “Energijos skirstymo operatorius” (ESO) 3.99% 5.03% +1.04 pp EUR 254 millionCustomers & Solutions UAB “Ignitis” 3.09% 4.36% +1.27 pp EUR 8 million31 WACC was calculated based on the updated Methodology...

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Aptean Expands ERP Capabilities for Manufacturers and Distributors in Germany through the Acquisition of trend SWM

Modular, Configurable ERP Solution for Mid-sized Businesses ALPHARETTA, Ga., Aug. 17, 2023 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced its acquisition of trend SWM, an enterprise resource planning (ERP) software provider to manufacturers and distributors in Germany, including manufacturers of paint, chemicals, cosmetics and plastics. trend SWM was founded in 1989 and is headquartered in Freiburg, Germany. trend SWM’s modular, flexible ERP solution includes industry-specific features such as batch management and recipe management to support process manufacturers; as well as packaging and warehouse management functionality to support wholesalers and distributors, and additional features to meet the specific requirements of automotive distributors. trend SWM’s software...

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Global Recycled Polyethylene (PE) Market Size to Reach USD 38.85 Billion in 2032 | Emergen Research

Government policies that reduce plastic waste and encourage recycling is a key factor driving Recycled Polyethylene (PE) market revenue growth Vancouver, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global market size for Recycled Polyethylene (PE) reached USD 13.43 billion in 2022. As per the latest analysis conducted by Emergen Research, it is projected that the market will experience a consistent revenue Compound Annual Growth Rate (CAGR) of 11.4% throughout the forecast period. The notable drivers of this growth include the increasing awareness regarding the environmental impacts of single-use plastics and the growing demand for recyclable PE within the construction sector. A notable strategy gaining traction involves certain businesses worldwide experimenting with an innovative approach. This approach entails the combustion of plastic...

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Hydraulic Dosing Pump Market to Surpass 8.74 Billion by 2030 Drives Due to Industrial Automation Advancements

SkyQuest projects that the hydraulic dosing pump market will attain a USD 1.23 billion value by 2030, with a CAGR of 6.5% over the forecast period (2023-2030). Hydraulic dosing pump market is experiencing growth due to its integration across manufacturing, oil and gas, and chemicals. The demand for accurate and efficient fluid dosing drives this trend. Automation technologies facilitate precise control and monitoring, improving process efficiency and reducing wastage. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, growing awareness regarding water quality and scarcity amplifies the need for hydraulic dosing pumps in water treatment applications within the hydraulic dosing pump market. These pumps ensure accurate chemical dosing, contributing to disinfection, pH regulation, and contaminant elimination, thus...

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Hamilton Thorne Reports Revenue For The Quarter And Six Months Ended June 30, 2023

Revenue of $16.4 million and Adjusted EBITDA of $2.8 million for the quarter BEVERLY, Mass. and TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported audited financial results for the quarter and six months ended June 30, 2023. Financial HighlightsSales increased 15% year over year to $16.4 million for the quarter; sales for the six-month period increased 17% to $33.1 million; sales increased 14% for the quarter and 19% for the six-month period on a constant currency basis Gross profit increased 21% to $8.5 million for the quarter; increase of 22% to $17.0 million for the six-month period Net loss was $439 thousand for the quarter...

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