SINGAPORE (AP) — Asian markets turned mixed on Wednesday as traders mulled over the impact of tariffs on corporate America, after big industrial companies admitted that they were facing rising costs. KEEPING SCORE: Japan's Nikkei 225 index rose 0.4 percent to 22,091.18 as a private survey pointed to a recovery in manufacturing in October. The Shanghai Composite index, which closed more than 2 percent lower on Tuesday, added 0.5 percent to 2,608.14. Hong Kong's Hang Seng index dropped 0.3 percent to 25,265.15 and the Kospi in South Korea gave up 0.4 percent to 2,097.58. Australia's S&P-ASX 200 lost 0.2 percent to 5,829.00. Shares were lower across the region apart from in Singapore. WALL STREET: U.S.
Reported by SeattlePI.com 2 hours ago.
Asian markets mixed on caution over costs from tariff hikes
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UPM Interim Report Q3/2018: Strong quarter sets a new benchmark for UPM's performance
UPM-Kymmene Corporation Interim Report 24 October 2018 at 09:55 EET
*UPM Interim Report Q3/2018: **Strong quarter sets a new benchmark for UPM's performance*
*Q3 2018 highlights*
· Sales grew by 6% to EUR 2,650 million (2,493 million in Q3 2017).
· Comparable EBIT increased by 20% to EUR 420 million (351 million).
· Sales prices increased in all business areas, outweighing the impact of higher input costs.
· Temporary operational issues in UPM Communication Papers and UPM Biorefining had a EUR 30 million negative impact.
· Operating cash flow was strong at EUR 434 million (486 million).
*Q1-Q3 2018 highlights*
· Comparable EBIT increased by 20% to EUR 1,109 million (926 million in Q1-Q3 2017).
· Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currency exchange rates.
· UPM paid a dividend of EUR 613 million.
· Net debt decreased to EUR 4 million (623 million).
· UPM initiated focused investments in Germany, Finland and China, to grow in the attractive release liner segments.
*Key figures* Q3/2018 Q3/2017 Q2/2018 Q1-Q3/2018 Q1-Q3/2017 Q1-Q4/2017
Sales, EURm 2,650 2,493 2,589 7,752 7,439 10,010
Comparable EBITDA, EURm 487 425 425 1,362 1,180 1,631
% of sales 18.4 17.1 16.4 17.6 15.9 16.3
Operating profit, EURm 417 379 349 1,151 960 1,259
Comparable EBIT, EURm 420 351 334 1,109 926 1,292
% of sales 15.9 14.1 12.9 14.3 12.4 12.9
Profit before tax, EURm 401 357 337 1,108 914 1,186
Comparable profit before tax, EURm 404 328 322 1,067 878 1,218
Profit for the period, EURm 328 286 269 905 730 974
Comparable profit for the period, EURm 330 267 258 875 707 1,004
Earnings per share (EPS), EUR 0.61 0.54 0.50 1.69 1.37 1.82
Comparable EPS, EUR 0.61 0.50 0.48 1.64 1.32 1.88
Return on equity (ROE), % 14.5 13.9 12.1 13.5 11.7 11.5
Comparable ROE, % 14.6 13.0 11.6 13.0 11.4 11.9
Return on capital employed (ROCE), % 16.7 14.8 14.2 15.3 12.2 12.5
Comparable ROCE, % 16.8 13.6 13.6 14.8 11.7 12.8
Operating cash flow, EURm 434 486 329 970 1,151 1,558
Operating cash flow per share, EUR 0.81 0.91 0.62 1.82 2.16 2.92
Equity per share at end of period, EUR 17.21 15.61 16.37 17.21 15.61 16.24
Capital employed at the end of period, EURm 9,942 10,098 9,691 9,942 10,098 9,777
Net debt at the end of period, EURm 4 623 401 4 623 174
Net debt to EBITDA (last 12 m.) 0.00 0.41 0.23 0.00 0.41 0.11
Personnel at the end of period 19,076 19,335 19,836 19,076 19,335 19,111
*Jussi Pesonen, President and CEO, comments on Q3 results:*
"The third quarter was excellent and sets a new benchmark for our performance. Our customer demand continued to be healthy and we were able to increase sales prices in nearly all businesses. In five of our six business areas, the price increases were sufficient to cover the impact of higher input costs. Our business model continues to deliver results.
Our sales grew by 6% and comparable EBIT increased by 20% to EUR 420 million. Our comparable EBIT margin reached 15.9% illustrating well our current performance level compared to the first half of the year. Operating cash flow was strong and our balance sheet was practically debt-free at the end of the quarter.
The biggest improver was UPM Biorefining, which achieved record quarterly earnings. Pulp, Biofuels and Timber all achieved higher prices. Biofuels reached a new level of production after the turnaround shutdown in Q2. However, our pulp deliveries were held back by temporary production issues at the Fray Bentos mill, where thunderstorms caused four production shutdowns during the quarter.
UPM Communication Papers overcame higher input costs and lower deliveries with higher pricing and reported good, stable earnings. Unfortunate turbine damage and downtime at the Plattling mill caused extra costs, particularly as electricity prices were high. UPM Energy benefitted from the higher electricity prices, and increased its earnings even though dry weather limited our hydropower generation.
UPM Raflatac and UPM Plywood performed steadily. They were able to raise sales prices and offset the cost increases. Both also encountered some headwind from unfavourable currencies.
UPM Specialty Papers experienced a negative earnings development despite solid demand. The main reason for this was the continued increase in pulp costs. In label papers we were able to raise prices, but not sufficiently to fully compensate for the increase in pulp costs. In fine papers, prices decreased due to additional market supply in China.
Our transformative prospects provide us with unique and exciting opportunities for significant long-term earnings growth. In Uruguay, preparations for the potential new world-class pulp mill are proceeding. The rail tendering process is in its final stages and the port concession tendering has started. UPM has submitted the Environmental and Social Impact Study for the mill to the authorities. Engaging in active dialogue with local stakeholders has been an important part of the process. Next we expect tangible progress in infrastructure construction and labour protocols.
Preparations are also ongoing in our attractive biomolecular businesses. In UPM Biochemicals, we are continuing the basic engineering work for the potential first industrial-scale biochemical refinery in Germany. In UPM Biofuels, we completed the Environmental Impact Assessment for a possible Kotka Biorefinery in Finland and submitted it to the authorities for their final conclusions.
Overall, UPM is in great shape and ready to grasp the limitless opportunities that bioeconomy offers for value creation and business growth. We believe that growing sustainable businesses can offer solutions to the global challenges such as resource scarcity and climate change. During the quarter, our responsible business conduct as well as our efforts to deliver responsible solutions were recognized by United Nations Global Compact and Dow Jones Sustainability Indices. Our innovations create value and business opportunities for an era when the world is no longer dependent on fossils."
*Outlook 2018*
UPM's comparable EBIT is expected to continue growing in 2018 compared with 2017. H2 2018 comparable EBIT is expected to be significantly higher compared with H1 2018.
The fundamentals for UPM businesses in 2018 are favourable. Sales price increases in 2018 are expected to outweigh the increase in variable costs, compared with 2017.
*Webcast and press conference*
UPM's President and CEO Jussi Pesonen will present the financial results in a webcast and a conference call for analysts and investors, held in English language, today at 13:15 EET.
Later in the afternoon, Jussi Pesonen will present the results in a press conference held in Finnish language at the UPM Group Head Office (The Biofore House) in Helsinki, Alvar Aallon katu 1, at 14:30 EET.
*Webcast and conference call details:*
The conference call can be participated in either by dialling a number in the list below or following the webcast online at www.upm.com or through this link.
Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online. We recommend that participants start dialling in 5-10 minutes prior to the event in order to ensure a timely start of the webcast.
The presentation is available at www.upm.com for 12 months after the call.
Conference call title: *UPM Interim Report for January - September 2018*
*International telephone numbers with a pin code 88699264#*
Australia Toll: +61 284058549
Austria Toll: +43 19287907
Belgium Toll: +32 24035814
Denmark Toll: +45 35445577
Finland Toll: +358 (0)9 817 103 10
France Toll: +33 170750711
Germany Toll: +49 6913803430
Hong Kong Toll: +852 30600225
Hungary Toll: +36 12355213
Ireland Toll: +353 14311252
Italy Toll: +39 0236013821
Japan Toll: +81 344556492
Netherlands Toll: +31 207095189
Norway Toll: +47 23500243
Singapore Toll: +65 64298349
Spain Toll: +34 935472900
Sweden Toll: +46 856642651
Switzerland Toll: +41 225809034
United Kingdom Toll: +44 3333000804
United States Toll: +1 6319131422
**
It should be noted that certain statements herein, which are not historical facts, including, without limitation, those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by "believes", "expects", "anticipates", "foresees", or similar expressions, are forward-looking statements. Since these statements are based on current plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Such factors include, but are not limited to: (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies therein including the availability and cost of production inputs, continued success of product development, acceptance of new products or services by the Group's targeted customers, success of the existing and future collaboration arrangements, changes in business strategy or development plans or targets, changes in the degree of protection created by the Group's patents and other intellectual property rights, the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the Group's products and the pricing pressures thereto, financial condition of the customers and the competitors of the Group, the potential introduction of competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group's principal geographic markets or fluctuations in exchange and interest rates. The main earnings sensitivities and the group's cost structure are presented on page 123 of the 2017 Annual Report. Risks and opportunities are discussed on pages 22-23 and risks and risk management are presented on pages 102-104 of the report.
**
UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations
*UPM, Media Relations *
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com
*UPM*
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,100 people worldwide and our annual sales are approximately EUR 10 billion. Our shares are listed on NASDAQ OMX Helsinki. UPM Biofore - Beyond fossils. www.upm.com
Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | upmbiofore.com #UPM #biofore #beyondfossils
*UPM* presents certain performance measures of performance, financial position and cash flows, which are alternative performance measures in accordance with the guidance issued by the European Securities and Markets Authority (ESMA). The definitions of alternative performance measures are presented in notes to the consolidated financial statements in UPM Annual Report.
*Attachment*
· UPM Interim Report Q3 2018.pdf Reported by GlobeNewswire 2 hours ago.
*UPM Interim Report Q3/2018: **Strong quarter sets a new benchmark for UPM's performance*
*Q3 2018 highlights*
· Sales grew by 6% to EUR 2,650 million (2,493 million in Q3 2017).
· Comparable EBIT increased by 20% to EUR 420 million (351 million).
· Sales prices increased in all business areas, outweighing the impact of higher input costs.
· Temporary operational issues in UPM Communication Papers and UPM Biorefining had a EUR 30 million negative impact.
· Operating cash flow was strong at EUR 434 million (486 million).
*Q1-Q3 2018 highlights*
· Comparable EBIT increased by 20% to EUR 1,109 million (926 million in Q1-Q3 2017).
· Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currency exchange rates.
· UPM paid a dividend of EUR 613 million.
· Net debt decreased to EUR 4 million (623 million).
· UPM initiated focused investments in Germany, Finland and China, to grow in the attractive release liner segments.
*Key figures* Q3/2018 Q3/2017 Q2/2018 Q1-Q3/2018 Q1-Q3/2017 Q1-Q4/2017
Sales, EURm 2,650 2,493 2,589 7,752 7,439 10,010
Comparable EBITDA, EURm 487 425 425 1,362 1,180 1,631
% of sales 18.4 17.1 16.4 17.6 15.9 16.3
Operating profit, EURm 417 379 349 1,151 960 1,259
Comparable EBIT, EURm 420 351 334 1,109 926 1,292
% of sales 15.9 14.1 12.9 14.3 12.4 12.9
Profit before tax, EURm 401 357 337 1,108 914 1,186
Comparable profit before tax, EURm 404 328 322 1,067 878 1,218
Profit for the period, EURm 328 286 269 905 730 974
Comparable profit for the period, EURm 330 267 258 875 707 1,004
Earnings per share (EPS), EUR 0.61 0.54 0.50 1.69 1.37 1.82
Comparable EPS, EUR 0.61 0.50 0.48 1.64 1.32 1.88
Return on equity (ROE), % 14.5 13.9 12.1 13.5 11.7 11.5
Comparable ROE, % 14.6 13.0 11.6 13.0 11.4 11.9
Return on capital employed (ROCE), % 16.7 14.8 14.2 15.3 12.2 12.5
Comparable ROCE, % 16.8 13.6 13.6 14.8 11.7 12.8
Operating cash flow, EURm 434 486 329 970 1,151 1,558
Operating cash flow per share, EUR 0.81 0.91 0.62 1.82 2.16 2.92
Equity per share at end of period, EUR 17.21 15.61 16.37 17.21 15.61 16.24
Capital employed at the end of period, EURm 9,942 10,098 9,691 9,942 10,098 9,777
Net debt at the end of period, EURm 4 623 401 4 623 174
Net debt to EBITDA (last 12 m.) 0.00 0.41 0.23 0.00 0.41 0.11
Personnel at the end of period 19,076 19,335 19,836 19,076 19,335 19,111
*Jussi Pesonen, President and CEO, comments on Q3 results:*
"The third quarter was excellent and sets a new benchmark for our performance. Our customer demand continued to be healthy and we were able to increase sales prices in nearly all businesses. In five of our six business areas, the price increases were sufficient to cover the impact of higher input costs. Our business model continues to deliver results.
Our sales grew by 6% and comparable EBIT increased by 20% to EUR 420 million. Our comparable EBIT margin reached 15.9% illustrating well our current performance level compared to the first half of the year. Operating cash flow was strong and our balance sheet was practically debt-free at the end of the quarter.
The biggest improver was UPM Biorefining, which achieved record quarterly earnings. Pulp, Biofuels and Timber all achieved higher prices. Biofuels reached a new level of production after the turnaround shutdown in Q2. However, our pulp deliveries were held back by temporary production issues at the Fray Bentos mill, where thunderstorms caused four production shutdowns during the quarter.
UPM Communication Papers overcame higher input costs and lower deliveries with higher pricing and reported good, stable earnings. Unfortunate turbine damage and downtime at the Plattling mill caused extra costs, particularly as electricity prices were high. UPM Energy benefitted from the higher electricity prices, and increased its earnings even though dry weather limited our hydropower generation.
UPM Raflatac and UPM Plywood performed steadily. They were able to raise sales prices and offset the cost increases. Both also encountered some headwind from unfavourable currencies.
UPM Specialty Papers experienced a negative earnings development despite solid demand. The main reason for this was the continued increase in pulp costs. In label papers we were able to raise prices, but not sufficiently to fully compensate for the increase in pulp costs. In fine papers, prices decreased due to additional market supply in China.
Our transformative prospects provide us with unique and exciting opportunities for significant long-term earnings growth. In Uruguay, preparations for the potential new world-class pulp mill are proceeding. The rail tendering process is in its final stages and the port concession tendering has started. UPM has submitted the Environmental and Social Impact Study for the mill to the authorities. Engaging in active dialogue with local stakeholders has been an important part of the process. Next we expect tangible progress in infrastructure construction and labour protocols.
Preparations are also ongoing in our attractive biomolecular businesses. In UPM Biochemicals, we are continuing the basic engineering work for the potential first industrial-scale biochemical refinery in Germany. In UPM Biofuels, we completed the Environmental Impact Assessment for a possible Kotka Biorefinery in Finland and submitted it to the authorities for their final conclusions.
Overall, UPM is in great shape and ready to grasp the limitless opportunities that bioeconomy offers for value creation and business growth. We believe that growing sustainable businesses can offer solutions to the global challenges such as resource scarcity and climate change. During the quarter, our responsible business conduct as well as our efforts to deliver responsible solutions were recognized by United Nations Global Compact and Dow Jones Sustainability Indices. Our innovations create value and business opportunities for an era when the world is no longer dependent on fossils."
*Outlook 2018*
UPM's comparable EBIT is expected to continue growing in 2018 compared with 2017. H2 2018 comparable EBIT is expected to be significantly higher compared with H1 2018.
The fundamentals for UPM businesses in 2018 are favourable. Sales price increases in 2018 are expected to outweigh the increase in variable costs, compared with 2017.
*Webcast and press conference*
UPM's President and CEO Jussi Pesonen will present the financial results in a webcast and a conference call for analysts and investors, held in English language, today at 13:15 EET.
Later in the afternoon, Jussi Pesonen will present the results in a press conference held in Finnish language at the UPM Group Head Office (The Biofore House) in Helsinki, Alvar Aallon katu 1, at 14:30 EET.
*Webcast and conference call details:*
The conference call can be participated in either by dialling a number in the list below or following the webcast online at www.upm.com or through this link.
Only participants who wish to ask questions in the conference call need to dial in. All participants can view the webcast presentation online. We recommend that participants start dialling in 5-10 minutes prior to the event in order to ensure a timely start of the webcast.
The presentation is available at www.upm.com for 12 months after the call.
Conference call title: *UPM Interim Report for January - September 2018*
*International telephone numbers with a pin code 88699264#*
Australia Toll: +61 284058549
Austria Toll: +43 19287907
Belgium Toll: +32 24035814
Denmark Toll: +45 35445577
Finland Toll: +358 (0)9 817 103 10
France Toll: +33 170750711
Germany Toll: +49 6913803430
Hong Kong Toll: +852 30600225
Hungary Toll: +36 12355213
Ireland Toll: +353 14311252
Italy Toll: +39 0236013821
Japan Toll: +81 344556492
Netherlands Toll: +31 207095189
Norway Toll: +47 23500243
Singapore Toll: +65 64298349
Spain Toll: +34 935472900
Sweden Toll: +46 856642651
Switzerland Toll: +41 225809034
United Kingdom Toll: +44 3333000804
United States Toll: +1 6319131422
**
It should be noted that certain statements herein, which are not historical facts, including, without limitation, those regarding expectations for market growth and developments; expectations for growth and profitability; and statements preceded by "believes", "expects", "anticipates", "foresees", or similar expressions, are forward-looking statements. Since these statements are based on current plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from those expressed in such forward-looking statements. Such factors include, but are not limited to: (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies therein including the availability and cost of production inputs, continued success of product development, acceptance of new products or services by the Group's targeted customers, success of the existing and future collaboration arrangements, changes in business strategy or development plans or targets, changes in the degree of protection created by the Group's patents and other intellectual property rights, the availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the Group's products and the pricing pressures thereto, financial condition of the customers and the competitors of the Group, the potential introduction of competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group's principal geographic markets or fluctuations in exchange and interest rates. The main earnings sensitivities and the group's cost structure are presented on page 123 of the 2017 Annual Report. Risks and opportunities are discussed on pages 22-23 and risks and risk management are presented on pages 102-104 of the report.
**
UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations
*UPM, Media Relations *
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com
*UPM*
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,100 people worldwide and our annual sales are approximately EUR 10 billion. Our shares are listed on NASDAQ OMX Helsinki. UPM Biofore - Beyond fossils. www.upm.com
Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | upmbiofore.com #UPM #biofore #beyondfossils
*UPM* presents certain performance measures of performance, financial position and cash flows, which are alternative performance measures in accordance with the guidance issued by the European Securities and Markets Authority (ESMA). The definitions of alternative performance measures are presented in notes to the consolidated financial statements in UPM Annual Report.
*Attachment*
· UPM Interim Report Q3 2018.pdf Reported by GlobeNewswire 2 hours ago.
↧
HashCash Becomes Instrumental in Water Regulation in South Africa
The blockchain company will lend its services to implement a high-tech infrastructure to monitor water usage, a pressing issue after the water crisis this year
SAN FRANCISCO (PRWEB) October 24, 2018
The severe drought that brought Cape Town - one of the biggest tourist destinations in the world and the legislative capital of South Africa - into the headlines, served as a wake-up call to the growing water crisis afflicting major urban settlements around the world. Governments and municipalities are soliciting the expertise of software development companies to devise ways to sustain their water reserves. HashCash Consultants is one of the first to be enlisted for this service.
The drought which is said to have been triggered by El Nino two years ago took a toll on agricultural production and economic growth throughout the country, but it was Cape Town's predicament that had it declared a national disaster. The severity of the crisis was evident when the water level behind the Voëlvlei Dam dropped low enough to raise alarm. The government has even been preparing for a Day Zero when all public taps would be switched off in the city as a measure to bring wastage of water under control.
Apart from global warming, the primary reasons that exacerbated this situation have been recognized as rapid urbanization, a failure to harness rainwater (a large percentage of which flows into the sea), and lack of education on water preservation in the population. Resorting to a blockchain system to plan out ways to tackle these areas of contention streamlines its execution.
HashCash Consultants is working with regulators to record the rainwater footprint on a decentralized, immutable ledger that can be accessed by all for verification and reference. The platform will take a net-positive approach to track water usage by manufacturing units, housing complexes, and agricultural lands. Currently, Cape Town has a population of 4 million, and auditing their daily water consumption is a huge challenge, and requires a computing base with unlimited storage to prevent system crashes and delayed processing of data. This requirement is also met by blockchain technology.
The team is focusing on promoting water resilience and is part of the advisory council of projects projected to build new dams. The company also plans to take on board interns during their work there to educate the populace on the application of blockchain to preserve water sources.
As Cape Town citizens continue to live under strict water regulations, the impact of global warming has reached other shores. Mexico City, Jakarta, Melbourne in Australia, certain cities in India, and some urban settlements in North and South America face threats of running out of drinking water soon. Efforts by the I.T. sector could help alleviate that plight.
In the wake of increasing scalability of blockchain, software development companies like HashCash Consultants are being sought to customize the technology to optimize the efficiency and profitability of various industries. The ones with impressive track records are often roped in as reliable technology providers to partner with to address crucial environmental issues. Reported by PRWeb 2 hours ago.
SAN FRANCISCO (PRWEB) October 24, 2018
The severe drought that brought Cape Town - one of the biggest tourist destinations in the world and the legislative capital of South Africa - into the headlines, served as a wake-up call to the growing water crisis afflicting major urban settlements around the world. Governments and municipalities are soliciting the expertise of software development companies to devise ways to sustain their water reserves. HashCash Consultants is one of the first to be enlisted for this service.
The drought which is said to have been triggered by El Nino two years ago took a toll on agricultural production and economic growth throughout the country, but it was Cape Town's predicament that had it declared a national disaster. The severity of the crisis was evident when the water level behind the Voëlvlei Dam dropped low enough to raise alarm. The government has even been preparing for a Day Zero when all public taps would be switched off in the city as a measure to bring wastage of water under control.
Apart from global warming, the primary reasons that exacerbated this situation have been recognized as rapid urbanization, a failure to harness rainwater (a large percentage of which flows into the sea), and lack of education on water preservation in the population. Resorting to a blockchain system to plan out ways to tackle these areas of contention streamlines its execution.
HashCash Consultants is working with regulators to record the rainwater footprint on a decentralized, immutable ledger that can be accessed by all for verification and reference. The platform will take a net-positive approach to track water usage by manufacturing units, housing complexes, and agricultural lands. Currently, Cape Town has a population of 4 million, and auditing their daily water consumption is a huge challenge, and requires a computing base with unlimited storage to prevent system crashes and delayed processing of data. This requirement is also met by blockchain technology.
The team is focusing on promoting water resilience and is part of the advisory council of projects projected to build new dams. The company also plans to take on board interns during their work there to educate the populace on the application of blockchain to preserve water sources.
As Cape Town citizens continue to live under strict water regulations, the impact of global warming has reached other shores. Mexico City, Jakarta, Melbourne in Australia, certain cities in India, and some urban settlements in North and South America face threats of running out of drinking water soon. Efforts by the I.T. sector could help alleviate that plight.
In the wake of increasing scalability of blockchain, software development companies like HashCash Consultants are being sought to customize the technology to optimize the efficiency and profitability of various industries. The ones with impressive track records are often roped in as reliable technology providers to partner with to address crucial environmental issues. Reported by PRWeb 2 hours ago.
↧
Dye-Sensitized Solar Cells Market to Reach $60,589.4 thousand by 2023: P&S Intelligence
*Dye-Sensitized Solar Cells Market by Application (Portable Charging, Building-Integrated Photovoltaics [BIPVs], Building-Applied Photovoltaics [BAPVs], Embedded Electronics, Outdoor Advertising, Solar Chargers, Wireless Keyboards, Emergency Power in Military, Automotive-Integrated Photovoltaics [AIPVs]), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023*NEW YORK, Oct. 24, 2018 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, dye-sensitized solar cells market is projected to reach $60,589.4 thousand by 2023.The market growth is driven by increasing integration of dye-sensitized solar cells with building-integrated photovoltaics (BIPVs) and building-applied photovoltaics (BAPVs) in commercial and residential installations.
*Request to get the sample pages:** **https://www.psmarketresearch.com/market-analysis/dye-sensitized-solar-cells-market/report-sample*
Based on application, the dye-sensitized solar cells market is categorized into portable charging, BIPVs, BAPVs, embedded electronics, outdoor advertising, solar chargers, wireless keyboards, emergency power in military, automotive-integrated photovoltaics (AIPVs), and others (light intensity meters and consumer appliances). In 2017, BIPVs accounted for the largest share in terms of value, constituting a market share of more than 20.0% in the global market.
Globally, the APAC dye-sensitized solar cells market is expected to witness the fastest growth, constituting a CAGR of 14.0%, in terms of value, during the forecast period. The increasing regulatory pressure is expected to endorse regional economies such as China, India, Thailand, and Vietnam to augment their energy generation via renewable sources such as solar energy.
The properties of dye-sensitized solar cells such as flexible in nature, high durability, low susceptibility to changes in performance with weather abnormalities, low-cost, ease of fabrication process, and high performance-to-weight ratio are expected to conceptualize the adoption of these cells in the PV modules.
Browse report overview with 139 tables and 62 figures spread through 216 pages and detailed TOC on *"Dye-Sensitized Solar Cells Market – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023"* at: *https://www.psmarketresearch.com/market-analysis/dye-sensitized-solar-cells-market*
The dye-sensitized solar cells market in China is expected to witness the fastest growth, globally. The market is expected to witness a CAGR of 16.1% in terms of value during the forecast period. The country is a major construction hub and is expected to witness large-scale construction of smart buildings. Additionally, the country has been a pioneer in innovation for dye-sensitized solar cells and has high adoption of PV modules.
The country has the highest solar power capacities in the world. It added 72.0 gigawatts of solar power capacity to its energy portfolio in 2017. The development of construction projects envisaging application of BIPVs is likely to encourage the deployment of dye-sensitized solar cells in building facades, ceilings, louvres, and rooftops, and thereby driving market growth in the country.
*Make enquiry before placing the order: **https://www.psmarketresearch.com/send-enquiry?enquiry-url=dye-sensitized-solar-cells-market*
Some of the major players operating in the global dye-sensitized solar cells market are 3GSolar Photovoltaics Ltd., Greatcell Solar Ltd., Fujikura Europe Ltd., Exeger Operations AB, Konica Minolta Inc., Merck KGaA, Peccell Technologies Inc., Solaronix SA, G24 Power Ltd., and H.Glass. Companies such as Fujikura Europe Ltd., Exeger Operations AB, Konica Minolta Inc., and Merck KGaA are some of the multinational corporations which operate in the market. Furthermore, these companies are exploring opportunities for mass commercialization of these cells.
*More Reports by P&S Intelligence*
*Solar Panel Recycling Market*
Global solar panel recycling market is projected to reach $269.8 million by 2023. Increasing support of the government toward sustainable development and growing adoption of solar power as a renewable source of energy are the major factors driving the growth of the market. Solar panel recycling is the processing of photovoltaic (PV) systems or panels to obtain their constituent parts, which can be reused in the manufacturing of other products. The average life expectancy of solar panels is 30 years.
*https://www.psmarketresearch.com/market-analysis/solar-panel-recycling-market*
*Solar Encapsulant Market*
The global solar encapsulant market is projected to reach $4,555.4 million by 2023, registering a CAGR of 28.4% during the forecast period. The market growth is mainly driven by the growing application of solar encapsulating materials in the construction, automotive, and electronics industries. Solar encapsulant is a thin-film sheet that is used as a protecting material in a solar panel or module. The sheet protects the solar panel from corrosion, dust, adverse weather conditions, and delamination.
*https://www.psmarketresearch.com/market-analysis/solar-encapsulation-market*
*About P&S Intelligence*
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
*Contact:*
P&S Intelligence
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International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
*Connect with us: *LinkedIn* | *Twitter* | *Google +* | *Facebook Reported by GlobeNewswire 2 hours ago.
*Request to get the sample pages:** **https://www.psmarketresearch.com/market-analysis/dye-sensitized-solar-cells-market/report-sample*
Based on application, the dye-sensitized solar cells market is categorized into portable charging, BIPVs, BAPVs, embedded electronics, outdoor advertising, solar chargers, wireless keyboards, emergency power in military, automotive-integrated photovoltaics (AIPVs), and others (light intensity meters and consumer appliances). In 2017, BIPVs accounted for the largest share in terms of value, constituting a market share of more than 20.0% in the global market.
Globally, the APAC dye-sensitized solar cells market is expected to witness the fastest growth, constituting a CAGR of 14.0%, in terms of value, during the forecast period. The increasing regulatory pressure is expected to endorse regional economies such as China, India, Thailand, and Vietnam to augment their energy generation via renewable sources such as solar energy.
The properties of dye-sensitized solar cells such as flexible in nature, high durability, low susceptibility to changes in performance with weather abnormalities, low-cost, ease of fabrication process, and high performance-to-weight ratio are expected to conceptualize the adoption of these cells in the PV modules.
Browse report overview with 139 tables and 62 figures spread through 216 pages and detailed TOC on *"Dye-Sensitized Solar Cells Market – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023"* at: *https://www.psmarketresearch.com/market-analysis/dye-sensitized-solar-cells-market*
The dye-sensitized solar cells market in China is expected to witness the fastest growth, globally. The market is expected to witness a CAGR of 16.1% in terms of value during the forecast period. The country is a major construction hub and is expected to witness large-scale construction of smart buildings. Additionally, the country has been a pioneer in innovation for dye-sensitized solar cells and has high adoption of PV modules.
The country has the highest solar power capacities in the world. It added 72.0 gigawatts of solar power capacity to its energy portfolio in 2017. The development of construction projects envisaging application of BIPVs is likely to encourage the deployment of dye-sensitized solar cells in building facades, ceilings, louvres, and rooftops, and thereby driving market growth in the country.
*Make enquiry before placing the order: **https://www.psmarketresearch.com/send-enquiry?enquiry-url=dye-sensitized-solar-cells-market*
Some of the major players operating in the global dye-sensitized solar cells market are 3GSolar Photovoltaics Ltd., Greatcell Solar Ltd., Fujikura Europe Ltd., Exeger Operations AB, Konica Minolta Inc., Merck KGaA, Peccell Technologies Inc., Solaronix SA, G24 Power Ltd., and H.Glass. Companies such as Fujikura Europe Ltd., Exeger Operations AB, Konica Minolta Inc., and Merck KGaA are some of the multinational corporations which operate in the market. Furthermore, these companies are exploring opportunities for mass commercialization of these cells.
*More Reports by P&S Intelligence*
*Solar Panel Recycling Market*
Global solar panel recycling market is projected to reach $269.8 million by 2023. Increasing support of the government toward sustainable development and growing adoption of solar power as a renewable source of energy are the major factors driving the growth of the market. Solar panel recycling is the processing of photovoltaic (PV) systems or panels to obtain their constituent parts, which can be reused in the manufacturing of other products. The average life expectancy of solar panels is 30 years.
*https://www.psmarketresearch.com/market-analysis/solar-panel-recycling-market*
*Solar Encapsulant Market*
The global solar encapsulant market is projected to reach $4,555.4 million by 2023, registering a CAGR of 28.4% during the forecast period. The market growth is mainly driven by the growing application of solar encapsulating materials in the construction, automotive, and electronics industries. Solar encapsulant is a thin-film sheet that is used as a protecting material in a solar panel or module. The sheet protects the solar panel from corrosion, dust, adverse weather conditions, and delamination.
*https://www.psmarketresearch.com/market-analysis/solar-encapsulation-market*
*About P&S Intelligence*
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
*Contact:*
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
*Connect with us: *LinkedIn* | *Twitter* | *Google +* | *Facebook Reported by GlobeNewswire 2 hours ago.
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The day before everything changed
At dusk on January 25 – the day before Australia Day – thousands of people are expected to gather on the harbour foreshore at Barangaroo Reserve.
Reported by Brisbane Times 2 hours ago.
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Real Energy Corporation installs production tubing in Tamarama well, gas flow testing ongoing
Real Energy Corporation Ltd (ASX:RLE) is progressing development operations at its Windorah Gas Project with a workover rig now onsite at the Tamarama wells. The rig has installed production tubing in Tamarama 2 and will start installing tubing in Tamarama 3 in the next few days. Real Energy managing director Scott Brown said: “Our operations are progressing to plan on both wells and we are very encouraged with their performance to date. “We look forward to reporting gas flows for these wells as we move this project closer to production.” READ: Real Energy Corporation agreements provide for processing and sale of Windorah gas Gas flows to surface have been observed during the initial flowback period in both wells. Once production tubing is installed, the post-frac clean-up flow and gas flow test operations will resume. Results from flow tests are expected to be announced in the next few weeks. READ: Real Energy Corporation bags $2.34 million for gas project in Queensland Real Energy is an oil and gas exploration and development company focused on the Cooper basin, Australia’s most prolific onshore petroleum-producing region. The company has 100% ownership of two large permits in Queensland, which includes the Tamarama wells.
Reported by Proactive Investors 1 hour ago.
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Controversial Howard joins Cricket Australia exodus
The national governing body is adamant team performance boss Pat Howard's departure is not linked to the twin reviews into the game to be released on Monday.
Reported by Brisbane Times 52 minutes ago.
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Hull FC's Sika Manu retires from international rugby
The forward played his final game for Tonga in the defeat to Australia last weekend.
Reported by Hull Daily Mail 1 hour ago.
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Feed Phytogenics Market revenue to exceed USD 790 million by 2024: Global Market Insights, Inc.
Feed Phytogenics Market By Products, By Livestock, Regional Outlook (U.S., Canada, Mexico, Germany, France, UK, Netherlands, Poland, Belgium, Spain, Russia, Italy, China, India, Japan, Philippines, Indonesia, South Korea, Taiwan, Thailand, Vietnam, Australia, Malaysia, Brazil, Argentina, Peru, Chile, Colombia, Nigeria, South Africa, Turkey), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024
Sellbyville, Delaware, Oct. 24, 2018 (GLOBE NEWSWIRE) --Global Feed Phytogenics Market will cross USD 790 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing preference for natural growth promoters for the production of livestock species including swine, broilers and cattle for meat may drive feed phytogenics industry growth. Rising consumer awareness about resistance development issues caused by antibiotic growth promoters (AGPs) consumption as feed additives may have a positive impact on the market. These products are derived from natural bioactive compounds found in plant-based species such as clove, black seed, rosemary, oregano, garlic, thyme & fennel which have a positive impact on animal health & growth, thus accelerating the market growth.
U.S. herbs & spices feed phytogenics market may exhibit gains of over 2.5% in the forecast period. These products help stimulate appetite & digestion, sustain optimal health and ensure animal welfare by enabling performance enhancement. Many spices and herbs have been proven to enhance pancreatic enzyme generation and bile emission in the intestine particularly in pig production. Extracts of herbs and spices exert clear antibacterial activity against food-borne pathogens and are incorporated in the poultry feed as growth promoters such as prebiotics & probiotics which may boost phytogenics feed additive industry growth.
*Request for a sample of this research report @ *https://www.gminsights.com/request-sample/detail/120
Germany market from swine application may expect gains at over 3% in the predicted timeframe. They play a key role during piglet weaning along with ensuring maximization of milk yield along with sustaining optimal body health. The market is driven by factors such as ban of in-feed antibiotics by EU, increasing importance for animal health, especially from meat industry and rising animal health awareness, which may boost product demand.
India feed phytogenics market from aquatic applications may exhibit a growth of about 4% by 2024. Fish nutritionists, feed manufacturers and fish producers constantly search for feed additives which can balance the combination of cost-effective feed ingredient and improve nutrient utilization. These compounds help in reducing feed costs, animal health concerns, food safety and antioxidant status of fish fillers which may accelerate market growth.
Browse key industry insights spread across 230 pages with 222 market data tables & 41 figures & charts from the report, *“Feed Phytogenics Market” *in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/feed-phytogenics-market
China market demand from poultry is poised to surpass USD 50 million up to 2024. Rising government initiatives ensures the collaboration of prominent international livestock financers & producers to form joint ventures, thus facilitating large scale meat production and accelerating industry growth. Rising disposable income has resulted in rising government focus regarding meat quality.
Synthite Industries, DuPont Danisco, Doterra, Delacon Biotechnik, Biolandes and Igusol are some of the prominent industry participants in the phytogenic feed additives market. Manufacturers are engaging in strategic arrangements to enlarge their supply network, acquire companies, and promote market growth.
*Make an inquiry for purchasing this report @* https://www.gminsights.com/inquiry-before-buying/120
*Browse Related Reports:*
· *Tea Polyphenols Market Size Forecast 2018 – 2024*
Tea Polyphenols Market revenue was at over USD 180 million in 2017 and industry expects consumption of above 10 kilo tons by 2024, pushed by growing awareness for healthy lifestyle owing to increasing chronic diseases including cancer, obesity, heart diseases, and diabetes.
https://www.gminsights.com/industry-analysis/tea-polyphenols-market
· *Fatty Acid Supplements Market Size Outlook 2018 – 2024*
Fatty Acid Supplements Market share is poised to grow rapidly owing to shifting consumer preference for healthy and nutritional food products. These supplements affect mental & physical performance along with improving body composition, which is likely drive product demand in the projected timeframe.
https://www.gminsights.com/industry-analysis/fatty-acid-supplements-market
*About Global Market Insights*
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
CONTACT: Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://www.l2food.com/ Reported by GlobeNewswire 1 hour ago.
Sellbyville, Delaware, Oct. 24, 2018 (GLOBE NEWSWIRE) --Global Feed Phytogenics Market will cross USD 790 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing preference for natural growth promoters for the production of livestock species including swine, broilers and cattle for meat may drive feed phytogenics industry growth. Rising consumer awareness about resistance development issues caused by antibiotic growth promoters (AGPs) consumption as feed additives may have a positive impact on the market. These products are derived from natural bioactive compounds found in plant-based species such as clove, black seed, rosemary, oregano, garlic, thyme & fennel which have a positive impact on animal health & growth, thus accelerating the market growth.
U.S. herbs & spices feed phytogenics market may exhibit gains of over 2.5% in the forecast period. These products help stimulate appetite & digestion, sustain optimal health and ensure animal welfare by enabling performance enhancement. Many spices and herbs have been proven to enhance pancreatic enzyme generation and bile emission in the intestine particularly in pig production. Extracts of herbs and spices exert clear antibacterial activity against food-borne pathogens and are incorporated in the poultry feed as growth promoters such as prebiotics & probiotics which may boost phytogenics feed additive industry growth.
*Request for a sample of this research report @ *https://www.gminsights.com/request-sample/detail/120
Germany market from swine application may expect gains at over 3% in the predicted timeframe. They play a key role during piglet weaning along with ensuring maximization of milk yield along with sustaining optimal body health. The market is driven by factors such as ban of in-feed antibiotics by EU, increasing importance for animal health, especially from meat industry and rising animal health awareness, which may boost product demand.
India feed phytogenics market from aquatic applications may exhibit a growth of about 4% by 2024. Fish nutritionists, feed manufacturers and fish producers constantly search for feed additives which can balance the combination of cost-effective feed ingredient and improve nutrient utilization. These compounds help in reducing feed costs, animal health concerns, food safety and antioxidant status of fish fillers which may accelerate market growth.
Browse key industry insights spread across 230 pages with 222 market data tables & 41 figures & charts from the report, *“Feed Phytogenics Market” *in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/feed-phytogenics-market
China market demand from poultry is poised to surpass USD 50 million up to 2024. Rising government initiatives ensures the collaboration of prominent international livestock financers & producers to form joint ventures, thus facilitating large scale meat production and accelerating industry growth. Rising disposable income has resulted in rising government focus regarding meat quality.
Synthite Industries, DuPont Danisco, Doterra, Delacon Biotechnik, Biolandes and Igusol are some of the prominent industry participants in the phytogenic feed additives market. Manufacturers are engaging in strategic arrangements to enlarge their supply network, acquire companies, and promote market growth.
*Make an inquiry for purchasing this report @* https://www.gminsights.com/inquiry-before-buying/120
*Browse Related Reports:*
· *Tea Polyphenols Market Size Forecast 2018 – 2024*
Tea Polyphenols Market revenue was at over USD 180 million in 2017 and industry expects consumption of above 10 kilo tons by 2024, pushed by growing awareness for healthy lifestyle owing to increasing chronic diseases including cancer, obesity, heart diseases, and diabetes.
https://www.gminsights.com/industry-analysis/tea-polyphenols-market
· *Fatty Acid Supplements Market Size Outlook 2018 – 2024*
Fatty Acid Supplements Market share is poised to grow rapidly owing to shifting consumer preference for healthy and nutritional food products. These supplements affect mental & physical performance along with improving body composition, which is likely drive product demand in the projected timeframe.
https://www.gminsights.com/industry-analysis/fatty-acid-supplements-market
*About Global Market Insights*
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
CONTACT: Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://www.l2food.com/ Reported by GlobeNewswire 1 hour ago.
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Matrix Service Company Sets Date to Discuss Results for the First Quarter of Fiscal 2019
TULSA, Okla., Oct. 24, 2018 (GLOBE NEWSWIRE) -- *Matrix Service Company *(Nasdaq: MTRX) will announce results for its Fiscal Year 2019 first quarter ended September 30, 2018 after the market closes on Wednesday, November 7, 2018. The release will be followed by a conference call on Thursday, November 8, 2018 at 10:30 a.m. Eastern time/09:30 a.m. Central time.*Earnings Conference Call instructions*
Matrix Service Company will host a conference call with John R. Hewitt, President and CEO and Kevin S. Cavanah, Vice President and CFO at 10:30 a.m. Eastern Time / 09:30 a.m. Central Time on November 8th. The call will be simultaneously broadcast live over the Internet, which can be accessed at the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast. The conference call will be recorded and will be available for replay within one hour of the live call and can be accessed following the same link as the live call.
*About Matrix Service Company *
Founded in 1984, Matrix Service Company is parent to a family of companies that include Matrix Service Inc., Matrix NAC, Matrix PDM Engineering and Matrix Applied Technologies. Our subsidiaries design, build and maintain infrastructure critical to North America’s energy, power and industrial markets. Matrix Service Company is headquartered in Tulsa, Oklahoma with subsidiary offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.
The Company reports its financial results based on four key operating segments: Electrical Infrastructure, Storage Solutions, Oil Gas & Chemical and Industrial. To learn more about Matrix Service Company, visit matrixservicecompany.com
This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as "anticipate,""continues,""expect,""forecast,""outlook,""believe,""estimate,""should" and "will" and words of similar effect that convey future meaning, concerning the Company's operations, economic performance and management's best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company's reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release.
*For more information, please contact:*
*Matrix Service Company* *Alpha IR Group*
Kevin S. Cavanah *Investor Relations*
Vice President and CFO Robert Winters
T: 918-838-8822 T: 929-266-6315
E: kcavanah@matrixservicecompany.com E: MTRX@alpha-ir.com Reported by GlobeNewswire 1 hour ago.
Matrix Service Company will host a conference call with John R. Hewitt, President and CEO and Kevin S. Cavanah, Vice President and CFO at 10:30 a.m. Eastern Time / 09:30 a.m. Central Time on November 8th. The call will be simultaneously broadcast live over the Internet, which can be accessed at the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast. The conference call will be recorded and will be available for replay within one hour of the live call and can be accessed following the same link as the live call.
*About Matrix Service Company *
Founded in 1984, Matrix Service Company is parent to a family of companies that include Matrix Service Inc., Matrix NAC, Matrix PDM Engineering and Matrix Applied Technologies. Our subsidiaries design, build and maintain infrastructure critical to North America’s energy, power and industrial markets. Matrix Service Company is headquartered in Tulsa, Oklahoma with subsidiary offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.
The Company reports its financial results based on four key operating segments: Electrical Infrastructure, Storage Solutions, Oil Gas & Chemical and Industrial. To learn more about Matrix Service Company, visit matrixservicecompany.com
This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as "anticipate,""continues,""expect,""forecast,""outlook,""believe,""estimate,""should" and "will" and words of similar effect that convey future meaning, concerning the Company's operations, economic performance and management's best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company's reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release.
*For more information, please contact:*
*Matrix Service Company* *Alpha IR Group*
Kevin S. Cavanah *Investor Relations*
Vice President and CFO Robert Winters
T: 918-838-8822 T: 929-266-6315
E: kcavanah@matrixservicecompany.com E: MTRX@alpha-ir.com Reported by GlobeNewswire 1 hour ago.
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Bright Innovations heads for ASX listing with investment from Mayfair 101
Bright Innovations chairman Jon Brett and CEO Rami Mirksy speak to Proactive Investors about the future of smart cities; and introduce the Israeli technology company's cloud-based Coral Reef™ platform and devices for urban streetlight networks. The technology has already been deployed in Singapore, and will be installed in Melbourne, Australia, within a month. "We already demonstrated around ten different applications. It's important to mention that the applications don't need to come from Bright; it's an open platform for third parties to run and upload their applications on the system. It's really like an app store concept, but taking it from cellphones to everywhere," says Mirksy.
Reported by Proactive Investors 55 minutes ago.
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Meghan Markle Fiji: Duchess of Sussex breaks own fashion rule as she wears bright pink in Figue maxi dress with pom poms
Meghan Markle's designer gown featured dainty pom pom detailing [Getty] Meghan Markle, the Duchess of Sussex, has been wowing fans everyday with her maternity wardrobe during her and Prince Harry’s royal tour of Australia, New Zealand, Fiji, and Tonga. But for her visit to the University of the South Pacific, the pregnant royal wore a very different ensemble to what royal fans are used to, donning a colourful ensemble over her standard navy, black, or white outfits. Wearing a ...
Reported by OK! 42 minutes ago.
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Meghan Markle reveals baby bump in beautiful silk maxi dress during royal tour of Fiji with Prince Harry as she delivers emotional speech
Prince Harry and Meghan Markle attend the University of the South Pacific in Fiji [Getty] Pregnant Prince Harry and Meghan Markle are currently on their first 16 day royal tour together with the couple currently in Fiji, following their visit to Australia. Today marked their first full day in the country, after a state dinner at the Grand Pacific Hotel the night before where Meghan stunned in a form fitting gown for the occasion. Throughout the day, the ...
Reported by OK! 22 minutes ago.
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SPI Energy Co., Ltd. Completes sales of 2.4 MW Solar Plant in Japan and Grid Connection
HONG KONG and SANTA CLARA, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, today announced that its wholly owned subsidiary, SPI Solar Japan GK (“SPI Japan”), has completed a successful grid-connection and transfer of the “Shibayama 2” solar plant in Chiba prefecture, east of Tokyo, with capacity of 2.4 MW and an estimated total capacity of 3,100,000 kWh annually. This project was planned as the 2nd half of a total 4.8 MW EPC (Engineering, Procurement and Construction) partnership with Kyocera, Japan. The project has a 20 years FIT at 36 yen/kWh supply to Tokyo Electric Power Company, one of the largest electricity suppliers in Japan.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers. SPI Energy focuses on the EPC/BT, and storage markets including the development, financing, installation, operation and sale of utility-scale and residential PV projects in Japan, Europe and North America. The company operates a B2B E-Commerce platform offering a range of PV, storage products in Australia as well as a turnkey solution (umining.io) offering global crypto-mining training, sale, hosting and repair service. The Company has its operating headquarters in Hong Kong and Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia.
For additional information, please visit: http://www.spigroups.com/investorrelations/overview
For investors and media inquiries please contact:
SPI Energy Co., Ltd.
IR Department
Email: ir@spigroups.com
Source: SPI Energy Co., Ltd.
SPI Energy Co., Ltd.
Reported by GlobeNewswire 30 minutes ago.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers. SPI Energy focuses on the EPC/BT, and storage markets including the development, financing, installation, operation and sale of utility-scale and residential PV projects in Japan, Europe and North America. The company operates a B2B E-Commerce platform offering a range of PV, storage products in Australia as well as a turnkey solution (umining.io) offering global crypto-mining training, sale, hosting and repair service. The Company has its operating headquarters in Hong Kong and Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia.
For additional information, please visit: http://www.spigroups.com/investorrelations/overview
For investors and media inquiries please contact:
SPI Energy Co., Ltd.
IR Department
Email: ir@spigroups.com
Source: SPI Energy Co., Ltd.
SPI Energy Co., Ltd.
Reported by GlobeNewswire 30 minutes ago.
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'Biscuit Trophy' For Pakistan, Australia T20 Series Has Twitter In Splits
Pakistan is about to host Australia for three-match Twenty20 World (T20I) sequence. © Twitter Pakistan is about to host Australia for three-match Twenty20 World (T20I) sequence, beginning on Wednesday on the Sheikh Zayed Stadium in Abu Dhabi. Forward of the sequence opener, the Pakistan Cricket Board (PCB) on Tuesday unveiled the trophy the groups …
Reported by The News Articles 21 minutes ago.
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Caesarean rates soar with doctors 'less prepared to take risks'
In some hospitals in Australia, close to half of births are occurring via caesarean section, well above the recommended rate.
Reported by Brisbane Times 2 hours ago.
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Australia urges release of death row mother accused of blasphemy
Foreign Affairs officials are actively lobbying for the release of a Pakistani woman on death row for offending the prophet Mohammad.
Reported by SBS 2 hours ago.
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Ocean Grown Abalone wins multi-million dollar greenlip abalone order from Hong Kong
Ocean Grown Abalone Ltd (ASX:OGA) has signed a sale agreement and an initial order for individually quick frozen (IQF) greenlip abalone meat with Hong Kong based seafood wholesaler, Wo Hing. Wo Hing’s first order is for more than 50 tonnes of harvested greenlip abalone, estimated to be valued at about US$1.95 million. A monthly delivery schedule has been agreed between OGA and Wo Hing up to the end of December 2019. OGA has developed the world's first commercial greenlip abalone sea ranching business in the pristine waters of Flinders Bay, Western Australia. Through the construction of proprietary, purpose-built artificial abalone reefs (Abitats) OGA is able to supply commercial quantities of its wild-harvested greenlip abalones at sizes not otherwise available in the market today. The demand for OGA’s abalones is increasing across the globe, particularly in Asia. The new order provides Wo Hing with a secured forward supply of greenlip abalones at predetermined prices for specified size grades. This large order reflects the importance of buyers securing supply sources to meet the increasing global demand for premium seafood.
Reported by Proactive Investors 2 hours ago.
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Top order sizzles as Australia continue domination
Chasing 196 for the win, Pakistan Women were restricted to 131/7
Reported by CricBuzz 2 hours ago.
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Australia's AMP sells life insurance arm at discount, bleeds funds
Australia's largest wealth manager AMP Ltd said on Thursday it would sell its life insurance arm at a discount and revealed its funds were haemorrhaging cash as clients pulled out their money in response to revelations of systemic wrongdoing.
Reported by Reuters India 2 hours ago.
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