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Lummus and Braskem to Partner on Electrified Cracking Heater for Decarbonization

Retrieved on: 
Tuesday, April 16, 2024

HOUSTON and SAO PAULO, April 16, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Braskem, the largest bio-based polymer producer in the world, announced today the companies will carry out joint studies (the "Joint Study") related to the industrial demonstration of Lummus' SRT-e™ electric cracking heater to decarbonize one of Braskem's sites in Brazil. The Joint Study will set the basis for the eventual negotiation between Lummus and Braskem of a definitive agreement that will, among other things, establish the general guidelines by which such implementation will take place.

Key Points: 
  • "The selection of Lummus' SRT-e electric cracking heater as a means to decarbonize Braskem ethylene plants are founded on a shared commitment to develop and implement profitable sustainable technologies and solutions," said Jose de Barros, Vice President and Managing Director of Ethylene, Lummus Technology.
  • The SRT-e electric cracking heater leverages Lummus' proven Short Residence Time (SRT®) technology modified to operate using electricity and incorporates a modular unit-cell design that can be replicated for plants to accommodate any commercial capacity.
  • In addition, decoking can be carried out on a unit-cell basis so maintaining a spare heater is not required.
  • Lummus has supplied heat transfer equipment and systems to the process and power industries for more than 80 years.

Incognia CEO André Ferraz Speaks on Importance of Geolocation for Fraud Prevention and the Impact of AI on Digital Safety at the Premier Global Tech Conference in Brazil

Retrieved on: 
Monday, April 15, 2024

SAO PAULO, April 15, 2024 /PRNewswire-PRWeb/ -- As technology continues to evolve rapidly, fraudsters are becoming increasingly more sophisticated, making companies more susceptible to large-scale attacks and costing them 5% of their annual revenue, which can add up to millions of dollars for most companies. As a result, business leaders are looking for new ways to combat account takeovers and bad actors who are leveraging techniques like deepfakes and mule accounts. André Ferraz, co-founder and CEO of Incognia, the innovator in location identity solutions, is bringing his expertise on fraud prevention through next-generation digital identity to two panels at the second annual Web Summit Rio on Wednesday, April 17.

Key Points: 
  • André Ferraz , co-founder and CEO of Incognia , the innovator in location identity solutions, is bringing his expertise on fraud prevention through next-generation digital identity to two panels at the second annual Web Summit Rio on Wednesday, April 17.
  • Incognia founder and CEO André Ferraz explains how companies can best protect their users from the deluge of online scams.
  • AI has the potential to completely transform the way we use the digital world and beyond, but what risks are involved?
  • Incognia is headquartered in California with teams in Brazil and the U.S. Incognia supports companies in the gig economy, marketplace, and financial services.

Revolutionizing Sustainable Finance: CASI's Inaugural In-Person Event Spurs Collaboration and Capacity Building in Sao Paulo

Retrieved on: 
Sunday, April 7, 2024

SAO PAULO, April 7, 2024 /PRNewswire/ -- The Capacity-building Alliance of Sustainable Investment (CASI) held its inaugural in-person event in Sao Paulo, Brazil, from April 3-5, 2024.

Key Points: 
  • SAO PAULO, April 7, 2024 /PRNewswire/ -- The Capacity-building Alliance of Sustainable Investment (CASI) held its inaugural in-person event in Sao Paulo, Brazil, from April 3-5, 2024.
  • Launched amidst the momentum of COP28, CASI is dedicated to amplifying capacity for sustainable finance and investment across emerging markets and developing countries (EMDEs).
  • Bolstered by a global membership of over 50 organizations and continuously expanding, CASI galvanizes collective efforts from diverse stakeholders worldwide.
  • The event facilitated dynamic discussions and knowledge exchange among stakeholders from Brazil and Latin America's sustainable investment ecosystem.

Vantage Foundation partners Instituto Claret to uplift underprivileged in Brazil

Retrieved on: 
Wednesday, March 27, 2024

SAO PAULO, March 27, 2024 /PRNewswire/ -- Vantage Foundation is pleased to announce its partnership with Instituto Claret, a reputable charitable organisation in Brazil.

Key Points: 
  • SAO PAULO, March 27, 2024 /PRNewswire/ -- Vantage Foundation is pleased to announce its partnership with Instituto Claret, a reputable charitable organisation in Brazil.
  • Instituto Claret offers a range of programmes including support for children, families, violence prevention, homeless assistance, food security, and vocational training.
  • This initiative with Instituto Claret is part of a series of programmes run by Vantage Foundation , underscoring the organisation's ongoing commitment to making a positive impact worldwide.
  • "Vantage Foundation remains steadfast in our commitment to creating positive change in meaningful ways around the world," expressed Steven Xie, Executive Director of Vantage Foundation.

Vantage Foundation partners Instituto Claret to uplift underprivileged in Brazil

Retrieved on: 
Wednesday, March 27, 2024

SAO PAULO, March 27, 2024 /PRNewswire/ -- Vantage Foundation is pleased to announce its partnership with Instituto Claret, a reputable charitable organisation in Brazil.

Key Points: 
  • SAO PAULO, March 27, 2024 /PRNewswire/ -- Vantage Foundation is pleased to announce its partnership with Instituto Claret, a reputable charitable organisation in Brazil.
  • Instituto Claret offers a range of programmes including support for children, families, violence prevention, homeless assistance, food security, and vocational training.
  • This initiative with Instituto Claret is part of a series of programmes run by Vantage Foundation , underscoring the organisation's ongoing commitment to making a positive impact worldwide.
  • "Vantage Foundation remains steadfast in our commitment to creating positive change in meaningful ways around the world," expressed Steven Xie, Executive Director of Vantage Foundation.

The 33rd edition of the Ernesto Illy Award for Sustainable Quality for Espresso Coffee reconfirms the region of Minas Gerais on the podium

Retrieved on: 
Friday, March 22, 2024

The three winners are Décio Bruxel (Cerrado of Minas), Matheus Lopes Sanglard (Matas of Minas), and Flávio da Costa Figueredo (South of Minas), all from the state of Minas Gerais.

Key Points: 
  • The three winners are Décio Bruxel (Cerrado of Minas), Matheus Lopes Sanglard (Matas of Minas), and Flávio da Costa Figueredo (South of Minas), all from the state of Minas Gerais.
  • They were selected by a panel of judges composed of national and international illycaffè specialists, among more than 670 coffee samples submitted by the best Arabica coffee regions across Brazil.
  • The 3 winners will represent Brazil at the 9th Ernesto Illy International Coffee Awards and will compete for the coveted "Best of the Best" award.
  • Additionally, the ceremony unveiled the recipients of the Classifier of the Year Award, acknowledging the dedication and contributions of classifiers in ensuring the continuous pursuit of sustainable quality coffee.

Elea Digital Data Centers Appoints Fernanda Belchior as New Marketing Director

Retrieved on: 
Friday, March 8, 2024

SAO PAULO, March 8, 2024 /PRNewswire/ -- Elea Digital Data Centers, a data center infrastructure and colocation platform serving Tier 1 and Tier 2 markets in Brazil, has appointed Fernanda Belchior as its new Marketing Director.

Key Points: 
  • The digital infrastructure platform provides sustainable, scalable solutions from the edge to the hyperscale
    SAO PAULO, March 8, 2024 /PRNewswire/ -- Elea Digital Data Centers , a data center infrastructure and colocation platform serving Tier 1 and Tier 2 markets in Brazil, has appointed Fernanda Belchior as its new Marketing Director.
  • Fernanda Belchior joins the company with over 20 years of marketing and communications experience and a decade of experience in the data center industry, with previous marketing roles at Scala Data Centers and Equinix.
  • "We're excited to welcome Fernanda Belchior to our executive team at Elea," said Alessandro Lombardi, Elea Digital Data Centers Chairman.
  • Reporting to Tito Costa, the company's CRO, Fernanda Belchior will be pivotal in amplifying Elea Digital's mission to deliver secure, sustainable data center infrastructure, enabling Brazil's booming digital economy.

Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch

Retrieved on: 
Thursday, March 7, 2024

Amidst a challenging macro environment for startups, the Brazilian unicorn reported a net income of $22.3 million, with its revenue run rate approaching $400 million.

Key Points: 
  • Amidst a challenging macro environment for startups, the Brazilian unicorn reported a net income of $22.3 million, with its revenue run rate approaching $400 million.
  • "As the first Brazilian company to offer tap-to-pay on both iOS and Android devices, we quickly became the market leader.
  • "In 2023, our clients saved over $150 million without needing to purchase a POS machine for card payments."
  • Furthermore, CloudWalk has plans to launch the same solution in the South East Asia and Middle East markets.

Ebury and Nium Expand Partnership to Power Cross-border Payments in Brazil

Retrieved on: 
Thursday, February 22, 2024

The institution is known as Ebury Bank in Brazil, reflecting the local FX banking license held in the country.

Key Points: 
  • The institution is known as Ebury Bank in Brazil, reflecting the local FX banking license held in the country.
  • Together, Nium and Ebury will enable businesses to send or receive fast, reliable, and affordable cross-border payments to and from Brazil.
  • This builds on the duo's existing partnership in Europe, in which London-based fintech Ebury leverages Nium's global payments infrastructure to send international supplier and payroll payments around the world.
  • Nium's agreement with Ebury is its first bank partnership in Brazil.

Ebury and Nium Expand Partnership to Power Cross-border Payments in Brazil

Retrieved on: 
Thursday, February 22, 2024

The institution is known as Ebury Bank in Brazil, reflecting the local FX banking license held in the country.

Key Points: 
  • The institution is known as Ebury Bank in Brazil, reflecting the local FX banking license held in the country.
  • Together, Nium and Ebury will enable businesses to send or receive fast, reliable, and affordable cross-border payments to and from Brazil.
  • This builds on the duo's existing partnership in Europe, in which London-based fintech Ebury leverages Nium's global payments infrastructure to send international supplier and payroll payments around the world.
  • Nium's agreement with Ebury is its first bank partnership in Brazil.