Gulf Coast of the United States

BNSF Railway’s new Trinity River bridge now open

Retrieved on: 
Thursday, July 27, 2023

BNSF Railway recently marked a significant milestone in its double track project in North Texas, as the first train crossed over the newly constructed Trinity River bridge near downtown Fort Worth earlier this month.

Key Points: 
  • BNSF Railway recently marked a significant milestone in its double track project in North Texas, as the first train crossed over the newly constructed Trinity River bridge near downtown Fort Worth earlier this month.
  • View the full release here: https://www.businesswire.com/news/home/20230727886666/en/
    BNSF Railway’s new Trinity River bridge now open (Photo: Business Wire)
    The bridge, which is now open for freight and passenger trains, is the first of two planned to span the Trinity River.
  • Close coordination with the Tarrant Regional Water District (TRWD) helped move the project along while maintaining bicyclist and pedestrian access along the Trinity River.
  • “We appreciate TRWD’s cooperation in our efforts throughout design and construction and are looking forward to this new bridge supporting greater supply chain efficiency.”

ICON ANNOUNCES ROBERT HARMON AS GENERAL COUNSEL

Retrieved on: 
Thursday, July 27, 2023

AUSTIN, Texas, July 27, 2023 /PRNewswire/ -- ICON, the construction technologies company pioneering large scale 3D printing, today announced that Robert Harmon has joined the company as its General Counsel and member of the senior management team. Harmon will oversee legal affairs, regulatory compliance and policy functions of ICON's rapidly growing business across private and public sectors.

Key Points: 
  • Harmon will oversee legal affairs, regulatory compliance and policy functions of ICON's rapidly growing business across private and public sectors.
  • "Robert understands technology, innovation, real estate, construction, and policy as well as anyone I have ever met or can imagine.
  • We feel incredibly fortunate that he wants to lend his tremendous abilities, experience, and knowledge to ICON."
  • Prior to Amazon, Harmon was Deputy General Counsel and Director at Tesla, serving as the senior legal advisor for all aspects of global real estate and construction.

SunGas Renewables Announces Beaver Lake Renewable Energy, a Green Methanol Facility in Central Louisiana

Retrieved on: 
Wednesday, July 26, 2023

PINEVILLE, La., July 26, 2023 /PRNewswire/ -- SunGas Renewables Inc. ("SunGas Renewables") today announced the formation of Beaver Lake Renewable Energy, LLC ("BLRE"), which will construct a new green methanol production facility in Central Louisiana. A wholly-owned subsidiary of SunGas Renewables, BLRE is expected to generate from the facility nearly 400,000 metric tons of green methanol per year for marine fuel while creating more than 1,150 jobs during construction and more than 100 local jobs during operation.

Key Points: 
  • PINEVILLE, La., July 26, 2023 /PRNewswire/ -- SunGas Renewables Inc. ("SunGas Renewables") today announced the formation of Beaver Lake Renewable Energy, LLC (" BLRE "), which will construct a new green methanol production facility in Central Louisiana.
  • "I applaud SunGas Renewables for pursuing this massive investment that would create quality, high-paying jobs in central Louisiana for our talented workers.
  • Moller - Maersk is excited to be partnering with SunGas Renewables, which is pioneering a truly large-scale pathway to green methanol with its Beaver Lake Renewable Energy facility.
  • The BLRE project is SunGas Renewable's first facility to produce green methanol for Maersk.

Dimeta and Enerkem Collaborate on Large Scale Waste-to-DME Projects in Europe and the USA

Retrieved on: 
Tuesday, July 25, 2023

DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.

Key Points: 
  • DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.
  • In addition to its commercial demonstration scale facility in operation in Alberta, Canada, Enerkem is currently involved in the development and building of new commercial scale waste-to-methanol facilities in both Canada and Europe.
  • The projects with Enerkem are a key part of achieving Dimeta's goal of creating over 300,000 tonnes of sustainable DME production capacity by 2027.
  • "We are excited to collaborate with Enerkem to transform large volumes of non-recyclable waste into renewable & recycled carbon DME on a global scale.

Dimeta and Enerkem Collaborate on Large Scale Waste-to-DME Projects in Europe and the USA

Retrieved on: 
Tuesday, July 25, 2023

DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.

Key Points: 
  • DME is a clean-burning fuel that can support decarbonisation of the off-grid energy sector, including heating, cooking, transport and industrial applications.
  • In addition to its commercial demonstration scale facility in operation in Alberta, Canada, Enerkem is currently involved in the development and building of new commercial scale waste-to-methanol facilities in both Canada and Europe.
  • The projects with Enerkem are a key part of achieving Dimeta's goal of creating over 300,000 tonnes of sustainable DME production capacity by 2027.
  • "We are excited to collaborate with Enerkem to transform large volumes of non-recyclable waste into renewable & recycled carbon DME on a global scale.

Prestigious 'Carl Foreman Award' Finds New Home at Ringling College of Art and Design, Sarasota, FL

Retrieved on: 
Thursday, July 20, 2023

The annual Carl Foreman Award at Ringling College will be decided based upon students' senior year work.

Key Points: 
  • The annual Carl Foreman Award at Ringling College will be decided based upon students' senior year work.
  • It will include creative professionals, senior Ringling faculty, Ringling alumni, and cinema-going members of the public.
  • "We are incredibly honored to be the new host of the Carl Foreman Award," said Dr. Larry R. Thompson, president of Ringling College of Art and Design.
  • Ringling College Film students also take advantage of these spaces, resources, and have the opportunity to work with professional clients.

Genesis Energy, L.P. Sets Date for Release of Second Quarter Results and Conference Call

Retrieved on: 
Thursday, July 20, 2023

Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Second Quarter ended June 30, 2023 on August 3, 2023, before the market opens.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Second Quarter ended June 30, 2023 on August 3, 2023, before the market opens.
  • Genesis Energy, L.P.’s Second Quarter Earnings Conference Call will be held Thursday, August 3, 2023, at 8:00 a.m. Central time (9:00 a.m. Eastern time).
  • Genesis’ operations include offshore pipeline transportation, soda and sulfur services, marine transportation and onshore facilities and transportation.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Authority Brands Sees Continued Success with Innovation, Franchise Openings, and New Deals in Second Quarter of 2023

Retrieved on: 
Tuesday, July 18, 2023

COLUMBIA, Md., July 18, 2023 /PRNewswire/ -- Authority Brands announced today continued success at the halfway mark of 2023 with another strong quarter that saw the franchise group sign a total of 44 new deals and 76 new territories across their portfolio of 15 home service brands. This resilient second quarter followed a record-breaking first quarter wherein the franchise leader sold more than 70 territories and achieved a six percent increase in system-wide revenue. Year-to-date, the franchise group has completed 89 new deals and grown across 149 territories with plans for continued expansion through the end of 2023.

Key Points: 
  • This resilient second quarter followed a record-breaking first quarter wherein the franchise leader sold more than 70 territories and achieved a six percent increase in system-wide revenue.
  • Year-to-date, the franchise group has completed 89 new deals and grown across 149 territories with plans for continued expansion through the end of 2023.
  • Screenmobile completed their transition to Authority Brands in the second quarter of 2023 and are already establishing a strong development pipeline.
  • Combined, the Authority Brands franchise brands operate more than 2,000 locations with an expansive network of more than 1,000 franchise owners.

A $10K Subsidy from FHLB Dallas and The First Bank Helps Mississippian Replace Hurricane-Damaged Roof

Retrieved on: 
Tuesday, July 18, 2023

The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded nearly $10,000 through its member, The First Bank, to a D’Iberville, Mississippi, homeowner whose house was damaged when Hurricane Ida swept through town in August 2021.

Key Points: 
  • The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded nearly $10,000 through its member, The First Bank, to a D’Iberville, Mississippi, homeowner whose house was damaged when Hurricane Ida swept through town in August 2021.
  • View the full release here: https://www.businesswire.com/news/home/20230718703816/en/
    The Federal Home Loan Bank of Dallas and The First Bank provided nearly $10,000 to assist a Mississippi homeowner impacted by Hurricane Ida with replacing a roof.
  • (Photo: Business Wire)
    Dana Dronet, 75, used the funds to replace the roof of his home.
  • “The DRA is an important tool to help our communities recover and rebuild,” said Lauren Wilson, community development analyst at The First Bank.

Genesis Energy, L.P. Declares Quarterly Distribution

Retrieved on: 
Thursday, July 13, 2023

Genesis Energy, L.P. (NYSE: GEL) announced today that, on July 12, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended June 30, 2023.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) announced today that, on July 12, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended June 30, 2023.
  • Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record.
  • With respect to the preferred units, Genesis will pay a cash distribution of $0.9473 ($3.7892 on an annualized basis) for each preferred unit held of record.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.