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Month: August 2023

Polydex Pharmaceuticals Limited and BioSpectra Inc. Announce Business Combination

TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) — Polydex Pharmaceuticals Limited (OTC Pink: POLXF) (the “Company” or “Polydex”) announced today that it has consummated the Plan of Arrangement (the “Arrangement”) whereby BioSpectra, Inc. and BioSpectra Canada, Ltd (together, “BioSpectra”) acquired all of the outstanding common and preferred shares of the Company for total consideration of $6,940,000, of which US$6,924,980.02 was paid for 3,432,478 common shares outstanding and US$15,019.98 was paid for 899,400 Class B Preferred shares outstanding. The price per common share was US$2.017. The Arrangement was effected pursuant to a statutory plan of arrangement (the “Arrangement”) under section 182 of the Ontario Business Corporations Act (the “OBCA”). The Arrangement resulted in each issued and outstanding share of Polydex being deemed...

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Ammonium Sulphate Market to Surpass 5.23 Billion by 2030 Drives Due to Growing Population’s Needs

SkyQuest projects that the ammonium sulphate market will attain a value of USD 5.23 billion by 2030, with a CAGR of 3.4% over the forecast period (2023-2030). The ammonium sulphate market for is experiencing a significant growth, primarily propelled by the rising demand for this compound in the formulation of nitrogenous fertilizers. Nitrogenous fertilizers containing ammonium sulphate are vital in enhancing crop yields in the agricultural sector. The agricultural industry relies on these fertilizers to optimize plant growth and improve agricultural productivity as the demand for food continues to increase to meet the growing population’s needs. Westford USA, Aug. 09, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the usage of ammonium sulphate market in the industrial sector has been witnessing a significant increase owing...

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Semiconductor Manufacturing Equipment Market Analysis by Emergen Research: Key Trends and Future Outlook

Rising demand for consumer electronics is one of the major factors driving semiconductor manufacturing equipment 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 expected to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Semiconductor Manufacturing Equipment Market. Semiconductor manufacturing equipment refers to the machinery and tools used in the production of semiconductors, which are essential components in electronic devices. These equipment play a crucial role in the fabrication process, enabling the production of high-quality and high-performance semiconductors. According to a recent report by Emergen Research, the...

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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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