Trading company

HYLA Announces Distribution Contract With Sahara Trading UAE

Retrieved on: 
Thursday, June 15, 2023

CAVE CREEK, AZ, June 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced its HYLA™ division has secured an eight country distribution agreement for Hyla “No-Nicotine” vape products in the greater “Middle East Territories”. SAHARA PACIFIC FOR ELECTRONIC CIGARETTES & ACCESSORIES TRADING Company (aka Sahara Trading) to organize and lead distribution in the territory targeting a minimum 100,000 units per month as the expansion roles out. According to “World Population Review” there are nearly 500 million people living in 17 Middle East Countries of which an average of 20% of the population smokes daily. Statistics cited by “BioMed Central” indicate that 45-51 percent of the population will utilize vape in their lifetime.  No-nicotine vape products in the Middle East offer a tremendous opportunity for Hyla products with its unique all-natural formulations and established distribution partner Sahara Trading.

Key Points: 
  • SAHARA PACIFIC FOR ELECTRONIC CIGARETTES & ACCESSORIES TRADING Company (aka Sahara Trading) to organize and lead distribution in the territory targeting a minimum 100,000 units per month as the expansion roles out.
  • No-nicotine vape products in the Middle East offer a tremendous opportunity for Hyla products with its unique all-natural formulations and established distribution partner Sahara Trading.
  • “Consolidating distribution for these eight countries with Sahara Trading as our partner allows for rapid deployment of Hyla products in the Middle East region,” said Todd Davis CEO Endexx.
  • “International expansion and distribution points into markets with mass consumer product appeal accelerates our ability to grow revenues exponentially over the coming 3-5 years,” said Davis.

Premium Audio Company, LLC Comments on Onkyo Home Entertainment Bankruptcy Filing

Retrieved on: 
Monday, May 16, 2022

INDIANAPOLIS, May 16, 2022 /PRNewswire/ -- Premium Audio Company, LLC, ("PAC") a wholly owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), today provided comments regarding Onkyo Home Entertainment Corporation's ("OHE") bankruptcy filing with the Osaka District Court. PAC's statement was made in response to misleading media reports regarding the Onkyo brand, which was acquired through a joint venture between PAC and Sharp Corporation in September 2021 and has grown considerably since.

Key Points: 
  • INDIANAPOLIS, May 16, 2022 /PRNewswire/ -- Premium Audio Company, LLC, ("PAC") a wholly owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), today provided comments regarding Onkyo Home Entertainment Corporation's ("OHE") bankruptcy filing with the Osaka District Court.
  • The Premium Audio Company, through its 11 Trading Company ("11TC") subsidiary, began as a distributor of the Onkyo, Integra, Pioneer and Pioneer Elite brands in July 2020.
  • Established in 2020, Premium Audio Company is the most innovative, complete, and premium audio solutions provider in consumer technology.
  • Premium Audio Company is comprised of three subsidiaries and includes some of the most legendary and revered brands such as Klipsch, Jamo, Mirage, ProMedia, Magnat, Heco, Mac Audio, Onkyo, Pioneer, Pioneer Elite, Integra, Teac, and Esoteric.

Cleveland-Cliffs Inc. Issues Its Comprehensive Sustainability Report for 2021

Retrieved on: 
Monday, May 2, 2022

Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2021.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2021.
  • Lourenco Goncalves, Cleveland-Cliffs Chairman, President and Chief Executive Officer said, Cleveland-Cliffs has built a strong legacy of sustainable business practices.
  • I am proud of the numerous sustainability initiatives we have in place throughout the business.
  • Cleveland-Cliffs Sustainability Report 2021 is accessible online in the Sustainability section of the Companys corporate website, www.clevelandcliffs.com , where a printable PDF version of the report is also available.

Texas Pipeline Company Max Energy Announces Purchase of Southcross Gas Pipeline

Retrieved on: 
Monday, April 4, 2022

Texas pipeline company Max Energy continues to make moves as it today announced the purchase of the Upper Gulf Coast Pipeline System from Southcross Gulf Coast Transmission, Ltd. Southcross Gas Pipeline system.

Key Points: 
  • Texas pipeline company Max Energy continues to make moves as it today announced the purchase of the Upper Gulf Coast Pipeline System from Southcross Gulf Coast Transmission, Ltd. Southcross Gas Pipeline system.
  • This purchase will add another 328 miles of existing pipeline to the impressive collection of transportation, terminaling, and loading infrastructure Max is putting together on the Texas Gulf Coast.
  • By purchasing the Southcross Gas Pipeline, Max Energy can now connect oil from all over the state to our Edna facility, said Todd Edwards, Max Chairman.
  • To see a map of the Max pipeline system, click here: Max Map
    About Max Energy: Max Energy is creating a modern and evolved Energy Asset and Trading Company.

Texas Pipeline Company Max Energy Teams With Macquarie to Offset Its Direct Emissions Under a Structure That Will Also Allow Max to Offer Carbon Services to Its Customers

Retrieved on: 
Thursday, February 24, 2022

Max Midstream Texas, LLC (Max Midstream), a Houston-based energy company and subsidiary of Max Energy Industrial Holdings US, LLC, has collaborated with Macquarie Groups Commodities and Global Markets (Macquarie) division to offset its direct greenhouse gas emissions.

Key Points: 
  • Max Midstream Texas, LLC (Max Midstream), a Houston-based energy company and subsidiary of Max Energy Industrial Holdings US, LLC, has collaborated with Macquarie Groups Commodities and Global Markets (Macquarie) division to offset its direct greenhouse gas emissions.
  • Macquarie retired the carbon offsets on behalf of Max Midstream at the Verra registry.
  • Max Midstream is entirely committed to environmental sustainability and its relevance in the energy transition, said Jon Novitsky, CEO of Max Midstream.
  • This agreement with Macquarie and our first retirement of offsets is just one of the first steps in our ESG journey.

Cleveland-Cliffs to Fully Redeem its 1.50% Convertible Senior Notes due 2025

Retrieved on: 
Wednesday, December 1, 2021

Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has instructed the trustee to provide notice of redemption for all remaining $294 million of its 1.50% Convertible Senior Notes due 2025.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has instructed the trustee to provide notice of redemption for all remaining $294 million of its 1.50% Convertible Senior Notes due 2025.
  • The redemption will take place on January 18, 2022, the earliest possible date for redemption pursuant to the Indenture governing the Notes.
  • Upon redemption or early conversion, the Company intends to pay 100 percent of the outstanding principal amount in cash.
  • This release is for informational purposes only and is neither an offer to buy nor a solicitation to sell any of the Notes.

Cleveland-Cliffs Completes Acquisition of Ferrous Processing and Trading Company

Retrieved on: 
Thursday, November 18, 2021

Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed the acquisition of Ferrous Processing and Trading Company, including certain related entities (FPT).

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed the acquisition of Ferrous Processing and Trading Company, including certain related entities (FPT).
  • FPT is now a wholly owned subsidiary of Cleveland-Cliffs Inc.
    FPT, which was recently awarded Fastmarkets 2021 Scrap Company of the Year, is a leading prime ferrous scrap processor in the United States.
  • FPT currently processes approximately three million tons of scrap per year, approximately half of which is prime grade.
  • With our closing of the FPT acquisition today, we are now immediately focused on amplifying the value of what we believe is the next precious metal.

Notice of General Meeting – Shell seeks shareholder approval to change Articles to implement a simplified structure

Retrieved on: 
Monday, November 15, 2021

Under the proposal announced today, Shell intends to change its share structure to establish a single line of shares, which is simpler for investors to understand and value.

Key Points: 
  • Under the proposal announced today, Shell intends to change its share structure to establish a single line of shares, which is simpler for investors to understand and value.
  • It was not envisaged at the time of unification that the current A/B share structure would be permanent.
  • Therefore, subject to shareholder approval of the resolution, the Board expects to change the companys name from Royal Dutch Shell plc to Shell plc.
  • In this announcement Shell is sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general.

Cleveland-Cliffs Enters the Scrap Business and Announces Acquisition

Retrieved on: 
Monday, October 11, 2021

Based in Detroit, FPT is among the largest processors and distributors of prime ferrous scrap in the United States, representing approximately 15% of the domestic merchant prime scrap market.

Key Points: 
  • Based in Detroit, FPT is among the largest processors and distributors of prime ferrous scrap in the United States, representing approximately 15% of the domestic merchant prime scrap market.
  • FPT operates 22 scrap processing facilities, with approximately 90% of revenues originating from its Midwest locations, primarily in Michigan and Ohio.
  • FPT already enjoys an outsized position in automotive and industrial scrap, which is expected to grow as part of Cleveland-Cliffs.
  • Lourenco Goncalves, Cleveland-Cliffs Chairman, President and CEO said, Cleveland-Cliffs is entering the scrap business as a major player through the acquisition of a large scrap company.

PCMS Hires SVP of Operations as Company Wins New Retail Clients

Retrieved on: 
Wednesday, May 30, 2018

Schuetz brings PCMS Retail IT leadership experience working with companies including Luxottica, hhgregg, Macy's, Lord & Taylor, May Department Stores, J.

Key Points: 
  • Schuetz brings PCMS Retail IT leadership experience working with companies including Luxottica, hhgregg, Macy's, Lord & Taylor, May Department Stores, J.
  • Crew, Hudson's Bay Trading Company, as well as working with several other retail and consumer products companies during his time at Deloitte Consulting / ICS.
  • Schuetz more than 30 years' experience comes at a time when PCMS is growing rapidly and will soon publicly announce several new retail clients.
  • "Tom's addition to PCMS is a very strategic hire, filling in the retail and operations experience we need for our expansion plans," said CEO, Andy Winans.