MOF

AM Best Assigns Credit Ratings to Mongolian National Reinsurance JSC

Retrieved on: 
Friday, December 1, 2023
Insurance, Professional Services, Ministry, Return on equity, World Bank, ROE, ERM, MOF, MNT, Risk, Credit, Mortality, Weather, GWP, AM Best, Communication, Aviation, News, ALL, Livestock, Risk management, Reinsurance

AM Best has assigned the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) to Mongolian National Reinsurance JSC (Mongolian Re) (Mongolia).

Key Points: 
  • AM Best has assigned the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) to Mongolian National Reinsurance JSC (Mongolian Re) (Mongolia).
  • Mongolian Re broadened its business scope in 2018 to include additional reinsurance lines of business such as property, motor, aviation, liability and personal accident.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Global Times: China rebukes Moody's credit outlook cut, saying concerns over growth prospects 'unnecessary'

Retrieved on: 
Wednesday, December 6, 2023
Moody's Investors Service, Policy, Fitch Ratings, Central Economic Work Conference, GDP, IMF, Conference, Credit, Real-time, Growth, Global Times, MOF, Renewable energy, Security (finance), Cryptocurrency, Rare-earth element

China's economy is expected to continue to recover in the fourth quarter and will remain an important engine for global growth.

Key Points: 
  • China's economy is expected to continue to recover in the fourth quarter and will remain an important engine for global growth.
  • Moody's concerns about China's economic growth prospects and fiscal sustainability are unnecessary," the official said.
  • In fact, from another perspective, the move reflects that international institutions are still expecting high-speed growth from China, Tian told the Global Times on Tuesday.
  • Also on Tuesday, China Chengxin Credit Rating Group said that it has maintained China's sovereign credit rating AA+g, with stable rating outlook.

Montana Technologies to Nominate Paul Dabbar to Board of Directors of Post-Combination Entity with Power & Digital Infrastructure Acquisition II Corp.

Retrieved on: 
Tuesday, November 28, 2023
Research, Climate change, J. P. Morgan, JPMorgan Chase, United, History, Green Zone, Weather, MBA, Metal–organic framework, Montana Technological University, Hearing, Columbia University, HVAC, MOF, Environment, United States national laboratories, COP, Management, Science

RONAN, Mont., Nov. 28, 2023 /PRNewswire/ -- Montana Technologies LLC ("MT"), the inventor of AirJoule™, a transformational renewable energy and cooling technology, today announced that in connection with the proposed business combination between MT and Power & Digital Infrastructure Acquisition II Corp. ("XPDB") (NASDAQ: XPDB), Paul Dabbar, the former Under Secretary for Science at the U.S. Department of Energy, will be nominated for election to the board of directors of the combined company (the "Company"). The proposed business combination is expected to close by the end of the first quarter of 2024. Mr. Dabbar's election to the board of directors of the Company is subject to approval by XPDB's stockholders.

Key Points: 
  • Mr. Dabbar's election to the board of directors of the Company is subject to approval by XPDB's stockholders.
  • "Paul brings a wealth of experience from diverse roles within the energy sector," said Matt Jore, Chief Executive Officer of Montana Technologies.
  • Mr. Dabbar served on the board of directors of Power & Digital Infrastructure Acquisition Corp. from February 2021 until the completion of its merger with Core Scientific in January 2022.
  • Montana Technologies will be showcasing its new AirJoule solution in the Green Zone during this year's COP 28 conference.

DOE and Montana Technologies Announce Breakthrough in HVAC and Water Harvesting Technology

Retrieved on: 
Wednesday, November 15, 2023
Pacific Northwest National Laboratory, Ventilation, Antiproton, Waterkeeper Alliance, Organization, Primary energy, Air conditioning, Private sector, SPP, Office of Science, BASF, Partnership, Atmosphere, Water, FORDA-MOF, DOE, Montana Technological University, Original equipment manufacturer, Electricity, HVAC, PNNL, MOF, Technological transitions, Renewable energy, Science

AirJoule™ is a novel clean technology to assist HVAC original equipment manufacturers (OEMs) in providing efficient and sustainable air conditioning as well as pure water from the air.

Key Points: 
  • AirJoule™ is a novel clean technology to assist HVAC original equipment manufacturers (OEMs) in providing efficient and sustainable air conditioning as well as pure water from the air.
  • AirJoule™ technology offers the lowest energy consumption per liter of water removed from the air when compared with any competing technology that has been developed to date.
  • Through a joint development agreement with BASF, Montana Technologies has demonstrated scale-up and production of MOFs in volumes at a commercially viable cost.
  • Montana Technologies announced on June 5, 2023, that it will combine with Power & Digital Infrastructure Acquisition II Corp and list on the NASDAQ.

Numat Building World’s First Industrial Scale Metal-Organic Framework (MOF) Manufacturing Campus To Meet Increasing Demand

Retrieved on: 
Wednesday, November 8, 2023
Technology, Nanotechnology, Engineering, Chemicals, Plastics, Manufacturing, Oil, Gas, Energy, Other Science, Environment, Research, Science, Semiconductor, Green Technology, Steel, MOF, Multimedia, Partnership, Safety, Investment, ISO, Perkins and Will, Video game, FORDA-MOF

Numat Technologies, Inc. (“Numat”), a global leader in MOFs, announces the construction of the world’s first industrial scale MOF manufacturing campus.

Key Points: 
  • Numat Technologies, Inc. (“Numat”), a global leader in MOFs, announces the construction of the world’s first industrial scale MOF manufacturing campus.
  • Located in Chicago, Numat’s integrated campus will be home to an ISO 9001:2015 certified MOF manufacturing facility co-located with the industry’s first technology-enabled material design and application development center.
  • With plans to be fully operational in Spring 2024, the new campus will leverage digital technologies to accelerate the development of MOF-based solutions, rapidly bringing new MOF products from the development stage to high-volume manufacturing.
  • "We are excited about the construction of the world's first industrial scale manufacturing campus dedicated to MOFs," stated Ben Hernandez, Chief Executive Officer and Founder of Numat.

THINKWARE Launches BLUE VENT MUMU, World’s First AI-Powered Smart Food Composter with Cutting Edge Metal Organic Framework (MOF)

Retrieved on: 
Wednesday, November 1, 2023
Technology, Retail, Consumer, Home Goods, Online Retail, Artificial Intelligence, Environment, Other Technology, Sustainability, Other Consumer, Hardware, Green Technology, Food, Beverage, Consumer Electronics, Framework, BLUE, Amazon (company), Holiday, Walmart, MOF, Fungus, Rest, City, EBay, Amazon, Compost, Online shopping, Recycling, Newegg

THINKWARE, a leading provider of innovative tech products, is launching a composter through its home and lifestyle brand, BLUE VENT.

Key Points: 
  • THINKWARE, a leading provider of innovative tech products, is launching a composter through its home and lifestyle brand, BLUE VENT.
  • The BLUE VENT MUMU is the world’s first AI-powered smart food composter with cutting edge Metal Organic Framework (MOF), which blocks and inhibits the propagation of fungi to ensure clean and harmless use.
  • BLUE VENT MUMU uses smart technology to take the guesswork out of composting.
  • Pre-order BLUE VENT MUMU now at major online retailers including Amazon, Walmart, eBay, Newegg and at the THINKWARE Store.

Numat Announces Rebrand, Reinforcing Its Commitment to Driving Industrial Efficiency Through Innovations in Chemistry

Retrieved on: 
Wednesday, November 1, 2023
Technology, Manufacturing, Semiconductor, Other Science, Oil, Gas, Nanotechnology, Steel, Environment, Energy, Science, Chemicals, Plastics, Growth, Framework, Research, MOF, Management

Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (MOFs), announces a rebrand that includes a new logo, refreshed brand identity and website.

Key Points: 
  • Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (MOFs), announces a rebrand that includes a new logo, refreshed brand identity and website.
  • As the company celebrates its tenth anniversary in 2023, this rebrand reflects Numat’s focus on accelerated growth in key business lines while strengthening the company’s ongoing commitment to driving industrial efficiency.
  • “While our mission, values, and innovative spirit remain the same, our new brand is a modern, focused evolution that reflects the transformative solutions we deliver and the industries we serve,” said Ben Hernandez, Chief Executive Officer and Founder.
  • “This rebrand signals a new chapter in our story, building on our heritage as a leader in MOFs and our ambition to solve the biggest challenges at the smallest possible level through innovations in chemistry.”
    Numat's new customer-focused website ( www.numat.com ) builds upon the legacy of research and innovation while celebrating a shift to the commercialization of industrially-validated, MOF-based solutions for broad application.

Svante Secures Commercial Supply of MOF Advanced Sorbent Materials with BASF for Carbon Capture Market

Retrieved on: 
Tuesday, October 10, 2023
Chemicals, Plastics, Environment, Oil, Gas, Manufacturing, Green Technology, Energy, Other Manufacturing, Paper, Multimedia, BASF, Nitrogen, Aluminium, CO2, Carbon, Carbon dioxide, Steel, Steam, MOF, Hydrogen, Bed, Research, CCS, Water, Coal, Svante, Science

Svante announced today that it has entered into an arm’s length Commercial Supply Agreement with BASF to scale up its proprietary sorbent material, Calgary Framework 20 (CALF-20), used in Svante’s carbon capture process.

Key Points: 
  • Svante announced today that it has entered into an arm’s length Commercial Supply Agreement with BASF to scale up its proprietary sorbent material, Calgary Framework 20 (CALF-20), used in Svante’s carbon capture process.
  • View the full release here: https://www.businesswire.com/news/home/20231010178949/en/
    Svante's metal-organic framework (MOF), CALF-28, used for the company's novel carbon capture filter technology, is to be manufactured by BASF at commercial scale.
  • This commercial supply agreement with BASF will unlock the next phase of Svante’s growth, scaling carbon capture filter manufacturing up to multi-million-tonne capacity and implementing hundreds of large-scale carbon capture and storage (CCS) facilities by 2030.
  • “This MOF material, combined with our proprietary structured adsorption filters, is a game-changer for the carbon capture and removal industry.

Global Quantum Dots Market Industry Research Report 2023: A New Era in Nanoscience - Quantum Dots and Nanomaterial Synergy - Market Forecasts to 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, October 6, 2023
Technology, Nanotechnology, Semiconductor, Graphene quantum dot, COVID-19, Quantum, MOF, Q-D-Š, Carbon, Electricity, Cancer, Framework, Quantum dot, Conditional sentence, Research, Beauty salon, Television, Electronics, Growth

The "Quantum Dots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Quantum Dots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global quantum dots market size reached US$ 6.5 Billion in 2022.
  • What is the breakup of the global quantum dots market based on the end-use industry?
  • What are the key regions in the global quantum dots market?

Genesis Hospitality Pastry Chef Invited to Attend Prestigious Culinary Master Class in Switzerland

Retrieved on: 
Thursday, August 3, 2023
Hospitality, Cake Wars, Food Network, Philadelphia Style, The Restaurant School at Walnut Hill College, The Next Food Network Star (season 5), Master Class, Creativity, Peacock Inn (Princeton, New Jersey), Marie-Christine Boutonnet, Meilleur Ouvrier de France, Publication, MOF, Restaurant, Master, Oprah's Master Class, Baking

HAMILTON, N.J., Aug. 3, 2023 /PRNewswire/ -- Genesis Hospitality is pleased to announce that Van E. French Jr., Corporate Pastry Chef, was invited to attend a prestigious Master Class for highly skilled pastry chefs offered by famous chocolate manufacturer Felchlin.

Key Points: 
  • HAMILTON, N.J., Aug. 3, 2023 /PRNewswire/ -- Genesis Hospitality is pleased to announce that Van E. French Jr., Corporate Pastry Chef, was invited to attend a prestigious Master Class for highly skilled pastry chefs offered by famous chocolate manufacturer Felchlin.
  • The Master Class will be a two-day, hands-on modern pastry class led by an award-winning pastry chef Julien Boutonnet.
  • Felchlin offers the course at their Condirama training center in Schwyz, Switzerland, the industry's first training center for pastry chefs and confectioners.
  • Chef Van, Corporate Pastry Chef for Genesis Hospitality, is responsible for overseeing and developing exceptional pastries in a modern way.