Suncor Energy

LANZAJET ANNOUNCES INVESTMENT FROM MICROSOFT'S CLIMATE INNOVATION FUND, SUPPORTING CONTINUED COMPANY GROWTH

Retrieved on: 
Monday, April 22, 2024
Aviation biofuel, ANA, Breakthrough Energy, Artificial intelligence, Carbon, Growth, Microsoft, Suncor Energy, All Nippon Airways, Mitsui & Co., SAF, Ethanol, Southwest Airlines, Shell, Renewable energy

CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally. In addition, LanzaJet and Microsoft intend to explore how Microsoft can supply its data and artificial intelligence (AI) capabilities to improve LanzaJet's corporate functions and ethanol to Sustainable Aviation Fuel (SAF) process technology.

Key Points: 
  • CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund.
  • This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.
  • This investment in LanzaJet follows a $50 million project finance investment from Microsoft's Climate Innovation Fund in 2022 to support the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia, the world's first ethanol to SAF production plant, which opened in January 2024.
  • "Microsoft is proud to support LanzaJet with our investment in the growth of its sustainable fuel technology business," said Brandon Middaugh, senior director, Climate Innovation Fund, Microsoft.

LANZAJET ANNOUNCES INVESTMENT FROM MICROSOFT'S CLIMATE INNOVATION FUND, SUPPORTING CONTINUED COMPANY GROWTH

Retrieved on: 
Monday, April 22, 2024
Aviation biofuel, ANA, Breakthrough Energy, Artificial intelligence, Carbon, Growth, Microsoft, Suncor Energy, All Nippon Airways, Mitsui & Co., SAF, Ethanol, Southwest Airlines, Shell, Renewable energy

CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally. In addition, LanzaJet and Microsoft intend to explore how Microsoft can supply its data and artificial intelligence (AI) capabilities to improve LanzaJet's corporate functions and ethanol to Sustainable Aviation Fuel (SAF) process technology.

Key Points: 
  • CHICAGO, April 22, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced an investment from Microsoft's Climate Innovation Fund.
  • This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.
  • This investment in LanzaJet follows a $50 million project finance investment from Microsoft's Climate Innovation Fund in 2022 to support the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia, the world's first ethanol to SAF production plant, which opened in January 2024.
  • "Microsoft is proud to support LanzaJet with our investment in the growth of its sustainable fuel technology business," said Brandon Middaugh, senior director, Climate Innovation Fund, Microsoft.

Suncor Stainless Announces the Promotion of Janelle Veiga to East Region Sales Manager

Retrieved on: 
Friday, April 12, 2024
Customer service, Government, OEM, Stainless, Suncor Energy, Safety, Growth

PLYMOUTH, Mass., April 12, 2024 /PRNewswire-PRWeb/ -- "I am extremely excited to start my new career chapter with Suncor Stainless, a company that I have worked with for over a decade. Suncor's dedication to customer satisfaction, safety, and quality are top notch, and I look forward to working with my team to meet and exceed our customers' needs."         - Janelle Veiga, East Region Sales Manager

Key Points: 
  • Suncor® Stainless Inc., is the leading manufacturer for stainless steel hardware in the industrial, marine, government, architectural, OEM and commercial industries.
  • Suncor Stainless is excited to announce that Janelle Veiga has been promoted to the position of East Region Sales Manager.
  • Janelle has been with Suncor® Stainless for 15 years, starting in Customer Service and most recently as the Southeast Regional Account Manager.
  • Suncor® Stainless, Inc. is a leading manufacturer of stainless steel hardware in the industrial, marine, government, architectural, OEM and commercial industries.

General Presidents’ Maintenance Committee for Canada & National Maintenance Council for Canada Appoints Stephane Favron as Secretary Treasurer of the Board

Retrieved on: 
Tuesday, March 26, 2024
Plumber, International, United Association, Suncor Energy, GPMC

KITCHENER, Ontario, March 26, 2024 (GLOBE NEWSWIRE) -- The General Presidents’ Maintenance Committee for Canada and the National Maintenance Council for Canada (GPMC | NMC) is pleased to announce the appointment of UA Canada International Representative Stephane Favron as the new Secretary Treasurer, effective March 21, 2024.

Key Points: 
  • KITCHENER, Ontario, March 26, 2024 (GLOBE NEWSWIRE) -- The General Presidents’ Maintenance Committee for Canada and the National Maintenance Council for Canada (GPMC | NMC) is pleased to announce the appointment of UA Canada International Representative Stephane Favron as the new Secretary Treasurer, effective March 21, 2024.
  • "We are pleased to welcome Stephane Favron as our Secretary Treasurer," said Brett McKenzie, Executive Director of the GPMC | NMC.
  • The GPMC | NMC is fortunate have an incredibly dedicated and talented contingent of International Union representatives who understand the importance of the maintenance industry.
  • In his role as Business Agent, Favron was responsible for building strong relationships with other UA locals across Canada.

FLINT Announces Fourth Quarter and 2023 Annual Financial Results

Retrieved on: 
Tuesday, March 12, 2024
Carbon, University, Indian stock exchange, Waste management, Growth, Suncor Energy, COVID-19, Engineering, Senior, Bank statement, Stella Power, Ecosystem, Water, Atmosphere, Safety, Retirement, Specification (technical standard), Analysis, Soil, Corporate development, Hand, Conversation, Security (finance)

Revenue for three months ended December 31, 2023 was $138.3 million compared to $136.2 million for the same period in 2022, representing an increase of 1.6%.

Key Points: 
  • Revenue for three months ended December 31, 2023 was $138.3 million compared to $136.2 million for the same period in 2022, representing an increase of 1.6%.
  • Gross profit margin was 9.9% for the year ended December 31, 2023 consistent with 9.8% for the same period in 2022.
  • Gross profit margin was 14.2% for the year ended December 31, 2023, compared to 15.7% for the same period in 2022.
  • Our audited consolidated financial statements for the year ended December 31, 2023 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.flintcorp.com and will be available shortly through SEDAR+ at www.sedarplus.ca .

LanzaTech Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Full Year 2024 Financial Outlook

Retrieved on: 
Wednesday, February 28, 2024
Engineering, Quarter, IPA, Research, Investment, Aviation, MEG, Work, Growth, Suncor Energy, Propylene glycol, Chairperson, Carbon, Aviation biofuel, JDA, Safety, Workforce, Fermentation, PET, Ethanol, Video game

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the fourth quarter and full year 2023.

Key Points: 
  • Fourth Quarter and Full Year 2023 Financial Results:
    In the fourth quarter of 2023, revenue totaled $20.5 million, reflecting an increase of 77% compared to $11.6 million in the fourth quarter of 2022.
  • Gross margin improved to 41% during the fourth quarter, reflecting certain engineering services work completed during the quarter which benefited from extraordinary pricing terms.
  • “However, our results for the fourth quarter and full year 2023 demonstrate we have a lot more work ahead of us.
  • Cash burn during the fourth quarter 2023 was $(15.4) million, continuing the trend over 2023 of reducing quarterly cash burn.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

Retrieved on: 
Wednesday, February 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

Retrieved on: 
Wednesday, February 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

LANZAJET CELEBRATES GRAND OPENING OF THE WORLD'S FIRST ETHANOL TO SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY

Retrieved on: 
Sunday, February 4, 2024
All Nippon Airways, Ethanol, Agriculture, Mitsui & Co., Energy, ANA, Aviation biofuel, Government, Climate change, Shell, Carbon, Breakthrough Energy, Suncor Energy, Aviation, Microsoft, Economics, SAF, Gasoline

SOPERTON, Ga., Feb. 4, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility on January 24, 2024.

Key Points: 
  • SOPERTON, Ga., Feb. 4, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility on January 24, 2024.
  • LanzaJet's ethanol-based technology is the world's first next-generation SAF technology capable of scaling production to the levels needed to decarbonize aviation.
  • LanzaJet Freedom Pines Fuels serves as a blueprint for utilizing first-of-its-kind innovation to scale SAF production and enables LanzaJet's aspiration for 1 billion gallons of SAF production by 2030.
  • "LanzaJet's facility will help accelerate the SAF industry and provide new economic opportunities for producers for a more sustainable future."

WHAT PEOPLE ARE SAYING ABOUT THE GRAND OPENING OF LANZAJET FREEDOM PINES FUELS

Retrieved on: 
Thursday, January 25, 2024
Carbon, Senior, Aviation, Government, Microsoft, Partnership, Shell, Economics, SAF, IAG, Aviation biofuel, Climate change, Suncor Energy, Ethanol, Breakthrough Energy, Organization, United Nations, Climate, Economic development, Ecology, Inflation, United, Biofuel, ATJ, Renewable energy

SOPERTON, Ga., Jan. 25, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.

Key Points: 
  • SOPERTON, Ga., Jan. 25, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.
  • "LanzaJet is serious about urgently meeting the moment to decarbonize aviation and Freedom Pines Fuels is evidence of that.
  • "The opening of LanzaJet Freedom Pines Fuels marks a pivotal moment in our journey towards a cleaner aviation future.
  • "On behalf of everyone at Zeton, we congratulate LanzaJet on this milestone achievement with their Grand Opening Ceremony of the Freedom Pines Fuels plant.