Innospec

SPARK Global Energy Ecosystem Accelerates Progress as Construction Begins at Baker Hughes Oilfield Services Regional Hub

Retrieved on: 
Tuesday, October 26, 2021

KHOBAR, Saudi Arabia, Oct. 26, 2021 /PRNewswire/ -- SPARK, the world-class ecosystem in the heart of the energy market, welcomed Baker Hughes as it broke ground on its Oilfield Services Regional Hub, the largest assembly, maintenance, and overhaul hub the global energy technology company has anywhere in the world. This is the latest in a line of firsts at the SPARK mega project since its launch in 2018 and gives added weight to the energy industrial city's commitment to contributing over $6 billion annually to the Saudi GDP and the creation of thousands of new highly skilled job opportunities.

Key Points: 
  • KHOBAR, Saudi Arabia, Oct. 26, 2021 /PRNewswire/ -- SPARK, the world-class ecosystem in the heart of the energy market, welcomed Baker Hughes as it broke ground on its Oilfield Services Regional Hub, the largest assembly, maintenance, and overhaul hub the global energy technology company has anywhere in the world.
  • SPARK's President and CEO, Saif S. Al-Qahtani, stated: "We are delighted to partner with a prominent energy player such as Baker Hughes as they commence construction of this ambitious and impressive regional hub.
  • The 300,000 sq m regional hub will support Baker Hughes' Oilfield Services operations and customers across the Middle East, adding further reassurance to SPARK investors that they are joining a world-class energy ecosystem where they will have full access to, and ease of participation in, the energy value chain in Saudi Arabia.
  • Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide.

SPARK Global Energy Ecosystem Accelerates Progress as Construction Begins at Baker Hughes Oilfield Services Regional Hub

Retrieved on: 
Tuesday, October 26, 2021

KHOBAR, Saudi Arabia, Oct. 26, 2021 /PRNewswire/ -- SPARK, the world-class ecosystem in the heart of the energy market, welcomed Baker Hughes as it broke ground on its Oilfield Services Regional Hub, the largest assembly, maintenance, and overhaul hub the global energy technology company has anywhere in the world.

Key Points: 
  • KHOBAR, Saudi Arabia, Oct. 26, 2021 /PRNewswire/ -- SPARK, the world-class ecosystem in the heart of the energy market, welcomed Baker Hughes as it broke ground on its Oilfield Services Regional Hub, the largest assembly, maintenance, and overhaul hub the global energy technology company has anywhere in the world.
  • SPARK's President and CEO, Saif S. Al-Qahtani, stated: "We are delighted to partner with a prominent energy player such as Baker Hughes as they commence construction of this ambitious and impressive regional hub.
  • The 300,000 sq m regional hub will support Baker Hughes' Oilfield Services operations and customers across the Middle East, adding further reassurance to SPARK investors that they are joining a world-class energy ecosystem where they will have full access to, and ease of participation in, the energy value chain in Saudi Arabia.
  • Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide.

A $2 Billion Global Opportunity for Distributed Acoustic Sensing (DAS) by 2026 - New Research from StrategyR

Retrieved on: 
Friday, October 8, 2021

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Distributed Acoustic Sensing (DAS) - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Distributed Acoustic Sensing (DAS) - Global Market Trajectory & Analytics" .
  • Geographies:World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Aemetis CCS Drilling Study by Baker Hughes Confirms Feasibility of Sequestering Two Million MT per Year of CO2 at California Ethanol Plant Sites

Retrieved on: 
Wednesday, August 18, 2021

CUPERTINO, Calif., Aug. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- A new study concluded that more than 2 million metric tonnes (MT) per year of CO2 can be removed from the atmosphere and injected safely into the earth at two ethanol plant sites in California. The study was commissioned by Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on below zero carbon intensity products.

Key Points: 
  • The Carbon Capture & Sequestration (CCS) geologic formation review and drilling study was completed by Aemetis Carbon Capture,a subsidiary of Aemetis, and was conducted by Baker Hughes, a global energy services company with operations in 120 countries.
  • Once complete, the Aemetis Carbon Capture CCS project is expected to capture and sequester more than 2 million MT of CO2 per year at the two Aemetis biofuels plant sites in Keyes and Riverbank, California.
  • The amount of CO2 sequestered each year is expected to be equal to the emissions from 460,000 passenger cars each year.
  • Aemetis Carbon Zero products include zero-carbon fuels that can "drop-in" to be used in airplanes, truck, and ship fleets.

Innospec Schedules Second Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Wednesday, July 7, 2021

ENGLEWOOD, Colo., July 07, 2021 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced that it will release second quarter 2021 earnings results on Tuesday, August 3, 2021, after market close.

Key Points: 
  • ENGLEWOOD, Colo., July 07, 2021 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced that it will release second quarter 2021 earnings results on Tuesday, August 3, 2021, after market close.
  • An audio webcast of the conference call will run simultaneously on the companys website at www.innospec.com .
  • A replay of the call will be available from August 4, 2021 through August 11, 2021.
  • Innospec undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Innospec Expands Mild, Natural, Sulfate-Free Performance Chemicals Manufacturing Capacity

Retrieved on: 
Tuesday, July 6, 2021

The Performance Chemicals business is fast tracking further capacity expansions at its US and European sites including additional taurate production to meet global demand.

Key Points: 
  • The Performance Chemicals business is fast tracking further capacity expansions at its US and European sites including additional taurate production to meet global demand.
  • Bruce McDonald, President of Innospec Performance Chemicals, said,
    These investments combined with the recently announced construction of our US Performance Chemicals global technology center represent a step change in our ability to support global demand.
  • Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific.
  • The Performance Chemicals business creates innovative technology-based solutions for our customers in the Personal Care, Home Care, Agrochemical, Mining and Industrial markets.

Innospec Collaborates With Unilever to Support Safe Use of Ingredients Without Animal Testing

Retrieved on: 
Wednesday, June 9, 2021

The European Chemicals Agency (ECHA) is requesting new animal tests be performed on ingredients which have been safely used in factories and consumer products for many years.

Key Points: 
  • The European Chemicals Agency (ECHA) is requesting new animal tests be performed on ingredients which have been safely used in factories and consumer products for many years.
  • Preventing unnecessary animal testing is a huge challenge and one that is only possible through close partnerships between like-minded companies such as Unilever and Innospec.
  • To assure the safety of ingredients in factories, Innospec is applying new approaches using next generation risk assessments which are more human-relevant and protective of its workers than outdated animal tests.
  • Ensuring the safety of ingredients for both consumers and workers without animal testing is another example of Innospecs commitment to responsible stewardship in the chemical industry.

Innospec Begins Construction of Performance Chemicals Technology Center to Further Accelerate Innovation and Product Development

Retrieved on: 
Wednesday, May 12, 2021

b'ENGLEWOOD, Colo., May 12, 2021 (GLOBE NEWSWIRE) -- Innospec (NASDAQ: IOSP) today announced that it has broken ground on its new Performance Chemicals technology center which will be adjacent to its existing Performance Chemicals manufacturing site in Salisbury, NC.\nThe 20,000 sq.

Key Points: 
  • b'ENGLEWOOD, Colo., May 12, 2021 (GLOBE NEWSWIRE) -- Innospec (NASDAQ: IOSP) today announced that it has broken ground on its new Performance Chemicals technology center which will be adjacent to its existing Performance Chemicals manufacturing site in Salisbury, NC.\nThe 20,000 sq.
  • This new center will extend our capabilities, across all of our Performance Chemicals end-markets both regionally and globally, to deliver the collaboration and innovation that our customers have come to rely upon.\xe2\x80\x9d\nSteve O\'Connor, Director of Technology of Innospec Performance Chemicals, said,\n\xe2\x80\x9cWe are designing this technology center to meet the needs of today and drive innovation toward the future.
  • This space will be bright, highly functional and will encourage collaboration across all our technical teams.
  • Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific.\xc2\xa0 The Fuel Specialties business specializes in manufacturing and supplying fuel additives that improve fuel efficiency, boost engine performance and reduce harmful emissions.

North America Fuel Additives Market Growth, Trends, and Forecasts Report 2021-2026: Accelerating Demand for Ultra-Low-Sulfur Diesel (ULSD) is Likely to Create Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 11, 2021

The growth in the consumption of gasoline additive largely reflects the requirements of engine design and developments in refinery operations.

Key Points: 
  • The growth in the consumption of gasoline additive largely reflects the requirements of engine design and developments in refinery operations.
  • However, new gasoline direct injection or GDI technology is becoming standard equipment on many new cars, especially in high-performance vehicles.
  • United States is one of the fastest emerging economies and has become one of the biggest production houses in the world, today.
  • The major companies include Afton Chemical, The Lubrizol Corporation, Innospec Inc., BASF SE, and LANXESS, among others.\n"

Press Speculation Regarding Possible Offer for Elementis plc (“Elementis”)

Retrieved on: 
Tuesday, April 20, 2021

b'ENGLEWOOD, Colo., April 20, 2021 (GLOBE NEWSWIRE) -- Innospec Inc. (\xe2\x80\x9cInnospec\xe2\x80\x9d), a global speciality chemicals company, notes the recent speculation with regard to a potential offer for Elementis plc.\nOn 31 March 2021, an approach was made by Innospec to the Board of Elementis.

Key Points: 
  • b'ENGLEWOOD, Colo., April 20, 2021 (GLOBE NEWSWIRE) -- Innospec Inc. (\xe2\x80\x9cInnospec\xe2\x80\x9d), a global speciality chemicals company, notes the recent speculation with regard to a potential offer for Elementis plc.\nOn 31 March 2021, an approach was made by Innospec to the Board of Elementis.
  • Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific.
  • The Fuel Specialties business specializes in manufacturing and supplying fuel additives that improve fuel efficiency, boost engine performance and reduce harmful emissions.
  • Innospec undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\n'