Hydro | Jotup

EQS-News: ANDRITZ continues to increase results in the third quarter of 2023

Retrieved on:

Tuesday, November 7, 2023

International, Hydro, EBITA, Engineering, Pulp and Paper, Pulp, Total, Cryptocurrency, Beauty salon, Video game, Salt, Metal

GRAZ, NOVEMBER 2, 2023. International technology group ANDRITZ achieved strong increases in revenue, earnings, and net income in the third quarter of 2023 compared to the previous year’s reference period.

Key Points:

GRAZ, NOVEMBER 2, 2023. International technology group ANDRITZ achieved strong increases in revenue, earnings, and net income in the third quarter of 2023 compared to the previous year’s reference period.
The Metals, Hydro and Separation business areas were able to increase their order intake compared to the previous year’s reference quarter.
Net income (including non-controlling interests) increased significantly to 124.6 MEUR in the third quarter of 2023 (+26.6% compared to Q3 2022: 98.4 MEUR).
For the full business year 2023, ANDRITZ confirms the financial guidance published with the results for the first half of 2023 and, from today’s perspective, expects a significant increase in revenue and earnings as well as stable profitability (EBITA margin).

CGTN: How has BRI become a popular platform for international cooperation?

Retrieved on:

Friday, October 20, 2023

"And that is what is the two real poles in the world today," he added.

Key Points:

"And that is what is the two real poles in the world today," he added.
Over the past 10 years, the BRI has evolved from ideas into actions and from a vision into reality.
Speeding trains and trucks have become trade symbols in the new era, just like camel caravans in the past.
Hydro stations and wind plants have helped in removing the development bottleneck for developing countries.

CGTN: How has BRI become a popular platform for international cooperation?

Retrieved on:

Friday, October 20, 2023

"And that is what is the two real poles in the world today," he added.

Key Points:

"And that is what is the two real poles in the world today," he added.
Over the past 10 years, the BRI has evolved from ideas into actions and from a vision into reality.
Speeding trains and trucks have become trade symbols in the new era, just like camel caravans in the past.
Hydro stations and wind plants have helped in removing the development bottleneck for developing countries.

Stakeholders Reach Agreements and Deliverables Towards the 10th World Water Forum 2024

Retrieved on:

Thursday, October 19, 2023

BALI, Indonesia, Oct. 19, 2023 /PRNewswire/ -- The 2nd Stakeholders Consultation Meeting (SCM) of the 10th World Water Forum was successfully held in Bali, Indonesia on 12–13 October 2023.

Key Points:

BALI, Indonesia, Oct. 19, 2023 /PRNewswire/ -- The 2nd Stakeholders Consultation Meeting (SCM) of the 10th World Water Forum was successfully held in Bali, Indonesia on 12–13 October 2023.
Agreements and proposals were produced and will be finalized at the 10th World Water Forum in 2024.
In addition, cooperation agreements with regional stakeholders (Mediterranean Water Institute, Asia-Pacific Water Forum, Asia Water Council, African Minister's Council on Water) were also successfully signed, manifesting a strong commitment to embrace the regional dimensions and recognizing the different challenges and solutions in water management across the Mediterranean, Asia Pacific, Africa, and America.
"We are looking forward to a continued collaboration to ensure that the 10th World Water Forum in 2024 will produce stronger deliverables and secure political commitments for sustainable water management," he concluded.

Stakeholders Reach Agreements and Deliverables Towards the 10th World Water Forum 2024

Retrieved on:

Thursday, October 19, 2023

BALI, Indonesia, Oct. 18, 2023 /PRNewswire/ -- The 2nd Stakeholders Consultation Meeting (SCM) of the 10th World Water Forum was successfully held in Bali, Indonesia on 12–13 October 2023.

Key Points:

BALI, Indonesia, Oct. 18, 2023 /PRNewswire/ -- The 2nd Stakeholders Consultation Meeting (SCM) of the 10th World Water Forum was successfully held in Bali, Indonesia on 12–13 October 2023.
Agreements and proposals were produced and will be finalized at the 10th World Water Forum in 2024.
In addition, cooperation agreements with regional stakeholders (Mediterranean Water Institute, Asia-Pacific Water Forum, Asia Water Council, African Minister's Council on Water) were also successfully signed, manifesting a strong commitment to embrace the regional dimensions and recognizing the different challenges and solutions in water management across the Mediterranean, Asia Pacific, Africa, and America.
"We are looking forward to a continued collaboration to ensure that the 10th World Water Forum in 2024 will produce stronger deliverables and secure political commitments for sustainable water management," he concluded.

Ascend Elements and Orbia's Koura to Explore Joint Commercialization of Advanced Graphite Recycling Technology in the United States

Retrieved on:

Tuesday, October 17, 2023

Mining, Recycling, CAM, Economics, Inflation Reduction Act of 2022, Original equipment manufacturer, Orbia, EV, IRA, Hydro, Lithium, Electric battery, Growth

WESTBOROUGH, Mass., Oct. 17, 2023 /PRNewswire/ -- Ascend Elements, a U.S.-based manufacturer of sustainable battery materials, and Orbia's Fluorinated Solutions business, Koura, one of the world's largest producers of fluoroproducts and technologies, today agreed to explore joint commercialization of the patented Hydro-to-Anode® graphite recycling technology and discuss plans to build an advanced graphite recycling facility in the United States. Unveiled in February 2022, the Hydro-to-Anode® technology produces 99.9% pure graphite from end-of-life lithium-ion batteries and battery manufacturing scrap. Commercialization of the innovative technology will provide a new source of battery-grade anode materials for North America's fast-growing electric vehicle battery industry.

Key Points:

Unveiled in February 2022, the Hydro-to-Anode® technology produces 99.9% pure graphite from end-of-life lithium-ion batteries and battery manufacturing scrap.
Commercialization of the innovative technology will provide a new source of battery-grade anode materials for North America's fast-growing electric vehicle battery industry.
Commercialization of the technology provides a new source of battery-grade anode materials for the EV battery industry.
"Graphite recycling is nothing new, but traditional graphite recycling methods do not produce a battery-grade product.

Norsk Hydro: Disappointing Norwegian national budget for industry and power development

Retrieved on:

Friday, October 6, 2023

Investment, Predictability, Wind, NOK, Government, Aluminium, CO2, Employment, Norwegian Parliament's adoption of the metric system, Carbon, Industrialisation, Parliament, Hydro, Renewable energy, EU

The proposal for wind power taxation does not contribute to triggering sufficient investments to ensure an adequate supply of power for industry and the green transition.

Key Points:

The proposal for wind power taxation does not contribute to triggering sufficient investments to ensure an adequate supply of power for industry and the green transition.
Hydro is concerned about the negative signaling effect the government's constant changes have on the predictability of Norwegian industry.
The state budget will be discussed by the Norwegian Parliament during the autumn and the final budget decision is expected in December.
However, it is disappointing the government has not listened to the industry and the renewable energy sector, and addressed wind power taxation.

SK ecoplant and Ascend Elements to Build New Lithium-ion Battery Recycling Facility in Southwest Kentucky

Retrieved on:

Tuesday, September 26, 2023

Hydro, CAM, TES, EV, SK, Metal, Carbon, Lithium

WESTBOROUGH, Mass., Sept. 26, 2023 /PRNewswire/ -- U.S.-based Ascend Elements is partnering with South Korea-based SK ecoplant and its e-waste recycling subsidiary, TES, to build a $65 million lithium-ion battery recycling facility in Hopkinsville, Ky. The 100,000-square-foot EV battery recycling facility will disassemble and shred approximately 24,000 metric tons of used EV batteries and gigafactory scrap per year – or approximately 56,000 EV batteries per year. Construction is scheduled to begin in November 2023 with completion in January 2025.

Key Points:

WESTBOROUGH, Mass., Sept. 26, 2023 /PRNewswire/ -- U.S.-based Ascend Elements is partnering with South Korea-based SK ecoplant and its e-waste recycling subsidiary, TES , to build a $65 million lithium-ion battery recycling facility in Hopkinsville, Ky.
SK ecoplant will be the majority owner (64%) with Ascend Elements owning 25% and TES owning 11% of the new joint venture.
"We are honored to deepen our relationship with SK ecoplant on this new, state-of-the-art EV battery recycling facility," said Mike O'Kronley, CEO of Ascend Elements.
The black mass produced at the new SK ecoplant/Ascend Elements facility will help supply Ascend Elements' nearby Apex 1 engineered battery materials facility, which is currently under construction in Hopkinsville, Ky.

Wabash Inks Multi-Year Agreement with Rockland Flooring as New Trailer Facility Ramps Production

Retrieved on:

Monday, September 18, 2023

Hydro, Wood, Plant, WNC, Transport, NYSE

LAFAYETTE, Ind., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) , the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced a multi-year agreement with Rockland Flooring for laminated wood trailer flooring.

Key Points:

LAFAYETTE, Ind., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) , the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced a multi-year agreement with Rockland Flooring for laminated wood trailer flooring.
“We’re pleased to expand on our long-standing relationship with Rockland Flooring by executing our first long-term agreement for wood flooring for dry van trailers,” said Richard Mansilla, vice president of global procurement at Wabash.
“As our new dry van trailer manufacturing facility reaches full capacity in 2024, poised to yield an additional 10,000 units annually, this agreement will allow us to secure wood flooring above what we can produce out of Wabash’s wood flooring production facility in Harrison, Arkansas.”
Rockland Flooring has been a Wabash supplier for 15 years and is a five-time Wabash supplier award winner.
“Having worked together for many years, we are pleased to formalize our working relationship through this long-term agreement with Wabash,” said Chris Wolford, chief sales officer of Rockland Flooring.

Ascend Elements to Relocate and Expand Corporate Headquarters and R&D Tech Center to Devens, Massachusetts

Retrieved on:

Wednesday, September 20, 2023

Hydrogen, Hydro, Worcester Polytechnic Institute, King Street Station, Research, System, Fort Smith to Jackson Road-Talbert's Ferry Segments, CAM, King Street, Recycling, Commonwealth Fusion Systems, Honda, Growth, Health, Environment, Lithium, United States Department of Energy, Greater Boston

WESTBOROUGH, Mass., Sept. 20, 2023 /PRNewswire/ -- Ascend Elements today announced plans to move its corporate headquarters and research & development center from its current location in Westborough, Mass. to a 101,000 square foot facility at 39 Jackson Road in the Pathway Devens campus in Devens, Mass. The facility is owned and operated by King Street Properties in Boston. Ascend Elements has experienced over 500% headcount growth in the last 18 months and currently employs approximately 350 team members globally, including 140 people in Massachusetts. The 31-mile relocation is planned for September 2024.

Key Points:

WESTBOROUGH, Mass., Sept. 20, 2023 /PRNewswire/ -- Ascend Elements today announced plans to move its corporate headquarters and research & development center from its current location in Westborough, Mass.
Ascend Elements has experienced over 500% headcount growth in the last 18 months and currently employs approximately 350 team members globally, including 140 people in Massachusetts.
"This relocation will be a milestone for Ascend Elements as we continue our rapid growth in the engineered battery materials industry," said Mike O'Kronley, CEO of Ascend Elements.
We look forward to having space to expand and a facility that will meet our current and future needs."