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Day: September 5, 2023

Global Recyclable Packaging Market Size to Reach USD 46.13 Billion in 2032 | Emergen Research

Increasing awareness about environmental safety among individuals is a key factor driving market revenue growth Vancouver, Sept. 05, 2023 (GLOBE NEWSWIRE) — The global market for recyclable packaging is projected to reach a total value of approximately USD 46.13 billion by the year 2032, maintaining a consistent annual revenue growth rate of 4.8%, as per the latest analysis conducted by Emergen Research. This upward trajectory in market value can be attributed to the increasing demand for environmentally friendly packaging solutions. Eco-friendly packaging is typically crafted from biodegradable and recycled materials. This approach minimizes the depletion of natural resources during the manufacturing process. Moreover, green packaging plays a dual role by not only reducing carbon emissions and overall environmental impact but...

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Alvotech Announces Changes to the Leadership Team

Alvotech (NASDAQ: ALVO, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today that Faysal Kalmoua has been appointed Alvotech’s Chief Operating Officer and Hafrun Fridriksdottir is stepping down following resubmission of the Biologics License Application (BLA) for AVT02, Alvotech’s proposed high-concentration interchangeable biosimilar to Humira® (adalimumab). Faysal has served as Head of Portfolio and Project Management since earlier this year and as a member of Alvotech’s Board of Directors since 2020. Previously, he held various senior management positions at Alvogen and Synthon. He has a master’s degree in Chemistry from Radboud University Nijmegen and an executive MBA from Insead.  “It is a great pleasure to welcome Faysal to the role...

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Alvotech Announces Changes to the Leadership Team

REYKJAVIK, Iceland, Sept. 05, 2023 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today that Faysal Kalmoua has been appointed Alvotech’s Chief Operating Officer and Hafrun Fridriksdottir is stepping down following resubmission of the Biologics License Application (BLA) for AVT02, Alvotech’s proposed high-concentration interchangeable biosimilar to Humira® (adalimumab). Faysal has served as Head of Portfolio and Project Management since earlier this year and as a member of Alvotech’s Board of Directors since 2020. Previously, he held various senior management positions at Alvogen and Synthon. He has a master’s degree in Chemistry from Radboud University Nijmegen and an executive MBA from...

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Global Consumer Internet of Things (IoT) Market Size to Reach USD 334.78 Billion in 2032 | Emergen Research

Increasing adoption of smart devices and growing number of internet users is a major factor driving consumer Internet of Things (IoT) market revenue growth Vancouver, Sept. 05, 2023 (GLOBE NEWSWIRE) —  The global Consumer Internet of Things (IoT) market is poised for significant growth, with an anticipated size of USD 334.78 billion by 2032. According to the latest analysis conducted by Emergen Research, the market is projected to achieve a robust revenue Compound Annual Growth Rate (CAGR) of 13.9% throughout the forecast period. This growth is primarily propelled by the increasing adoption of smart devices and the expanding user base of the internet. One of the pivotal aspects driving the upsurge in market revenue is the utilization of IoT for enhancing customer care. Organizations are harnessing the data collected from IoT devices...

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Big Screen Entertainment Group Releases Whitepaper on Secrets of High Return Independent Filmmaking

Big Screen Entertainment Group Independent Film White PaperWHAT MAKES AN INDEPENDENT FILM SUCCESSFUL FOR INVESTORS?UNVEILING THE SECRETS OF HIGH RETURN INDIE FILMMAKINGLOS ANGELES, Sept. 05, 2023 (GLOBE NEWSWIRE) — Big Screen Entertainment Group (OTC: BSEG), a pioneering production and distribution company, has released a new whitepaper that provides an in-depth look on independent films. Aimed at astute investors looking to tap into the commercial possibilities of indie movies, it draws on the experienced Big Screen team’s market driven deep understanding of the film industry to point the way towards profitability. The whitepaper, entitled “What Makes an Independent Film Successful for Investors, Unveiling the Secrets of High Return Indie Filmmaking,” includes cost-effective production techniques, identifies high ROI...

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CPS Technologies Receives $7.7 Million Award

Major Contract with Semiconductor OEM NORTON, Mass., Sept. 05, 2023 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it has received an award, valued at approximately $7.7 million, from a major, longstanding customer to provide power module components and related solutions. Deliveries will take place over a twelve-month period starting in the fourth quarter of this year, with the contract representing a 50% increase over the prior four quarters. The systems will be employed primarily in high-speed rail, wind turbines and EV/HEV applications, and the client company is a multinational semiconductor manufacturer based overseas. Additional details were not disclosed. “I am very pleased to announce this new contract to provide power module components for a longstanding client...

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Apollo to Present at Barclays Financial Services Conference

NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Barclays Financial Services Conference on Tuesday, September 12, 2023 at 9:45 am ET. A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to listen live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has...

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Jamf and Okta are first to support Apple’s Platform Single Sign-On framework for optimized authentication

With Platform Single Sign-on, Jamf and Okta now offer fast, secure and streamlined authentication during onboarding and continued work on Mac MINNEAPOLIS, Sept. 05, 2023 (GLOBE NEWSWIRE) — Today, Jamf (NASDAQ: JAMF) announced support for Platform Single Sign-On (SSO) with Okta. Since 2018, Jamf Connect has been a key solution for organizations that needed to bring cloud identity to the Mac for account provisioning. Customers of Okta and Jamf will be the first to take advantage of Platform SSO, Apple’s new identity technology that was first showcased at WWDC 2022. This first-to-market support will give end users a more seamless and secure experience during both the initial onboarding and ongoing authentication processes. Seamless onboarding for remote users Okta customers can enable Platform SSO in their environment by purchasing...

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MALACHITE INNOVATIONS ANNOUNCES CLOSING THE ACQUISITION OF ITS THIRD RECLAMATION BUSINESS IN WEST VIRGINIA

CLEVELAND, OHIO, Sept. 05, 2023 (GLOBE NEWSWIRE) — MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”) announces the closing of its acquisition of Collins Building & Contracting, Inc. (“Collins Building”), an environmental services business that primarily focuses on the reclamation of abandoned mine land (“AML”) sites in West Virginia, representing Malachite’s acquisition of its third environmental services business in West Virginia in the past 16 months. Collins Building Acquisition The acquisition was consummated on August 31, 2023 pursuant to a Stock Purchase Agreement, of the same date, entered into between Malachite and Roger Collins, Collins Building’s sole shareholder, whereby Malachite acquired 100% of the outstanding common stock of Collins Building for $5.035 million, comprised of $1.0 million of cash, a $2.0...

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Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine Families

Joint Press Release Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine FamiliesStellantis and Aramco find that 24 engine families in European vehicles produced since 2014 (Euro 6) are compatible with expected eFuels formulations Companies worked together using surrogate eFuels for the testing, according to existing fuel standards, as part of their pursuit of lower-carbon energy solutions Aramco is exploring development of low-carbon eFuels as a drop-in solution to potentially reduce carbon dioxide emissions from existing vehicles Stellantis endorses use of low-carbon eFuels and estimates it could reduce up to 400 million tons of CO2 in Europe from 2025 to 2050, if used in up to 28 million Stellantis vehiclesAMSTERDAM and DHAHRAN, Saudi Arabia, September 5, 2023 — Stellantis has concluded that...

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