News Article | April 24, 2017
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today announced that the Mobility Division of global engineering and technology solutions leader, Siemens, is pioneering the use of Stratasys FDM 3D printing technology by producing customized final production parts for German transport services provider, Stadtwerke Ulm/Neu Ulm (SWU) Verkehr GmbH. Using a Stratasys Fortus 900mc Production 3D Printer, Siemens Mobility is able to overcome the barriers of traditional low-volume production by 3D printing final tram parts in a matter of days compared to weeks with traditional methods, while also eradicating the need for costly tooling. Located in Erlangen, Krefeld, Berlin and Munich, Germany, Siemens Mobility develops technology for vehicles and infrastructure for transport machines. Prior to its 3D printing production capability, Siemens Mobility faced a challenge in being able to meet increasing customer demands for one-off customized parts. For the rail industry, if a replacement part is not in stock, Siemens would need to purchase the machinery or tools to manufacture it. This is not only a lengthy process, but from a cost-perspective, Siemens was limited to only taking orders above 10 parts, with lower volumes unable to justify the production cost. “Our production services for end-use parts have become much more flexible and tailored to our customers’ needs since we introduced the Stratasys Fortus 900mc Production 3D Printer into our manufacturing process,” explains Tina Eufinger, Business Development, Siemens Mobility Division. “Before we integrated 3D printing into production, we were forced to produce higher quantities of parts in order to make the project cost-effective. For small volume part demands from customers, we would store excess parts until they were used, discarded or became too outdated to use. With the Fortus 900mc, we can now create a design that is 100 percent customized to specific requirements and optimized several times before it is 3D printed. This takes our production time down from weeks to a matter of days, and makes it now cost-effective enough to extend our customer service offering to one-off part production.” This cost-effective low volume manufacturing is being exemplified by Siemens’ work for SWU Verkehr GmbH, which offers transport services across 10 rail networks in the inner city of Ulm. 3D printed parts include customized armrests for the driver seat and housing covers for the ‘coupler’ (the cover of the link between two tram carriages). In order to meet the German rail industry’s criteria for production parts, Siemens is using a flame, smoke and toxicity (FST) compliant synthetic thermoplastic 3D printing material from Stratasys to align with necessary fire protection requirements. This enables Siemens to employ the 3D printed parts – which serve as lightweight and durable transport parts – directly into the trams in Ulm. Andreas Düvel, Siemens Mobility Sales Representative Customer Service, explains: “Customers such as SWU Verkehr GmbH see ‘availability’ as the most important asset to their business – trams and services need to be available and run constantly throughout the day in order for the transport company to be profitable. We at Siemens are regularly faced with this challenge, however the ability to quickly and cost-effectively 3D print customized parts specific to customer requirements enables clients such as SWU Verkehr GmbH to be closely involved in the design and production of its own parts. “Through customized additive manufacturing we are achieving maximum customer satisfaction, as the client is actively participating in the creation and optimization of its parts. This would simply not be possible with mass production,” he adds. Beyond offering 3D printed production parts for customers in the transport industry, Siemens Mobility division has expanded its business branch online, with customers able to order customized 3D printed parts. Customers who require replacement parts or who need to make changes to existing ones can go online and request the desired part, which is subsequently 3D printed and delivered to them. This has given birth to an on-demand production business model, whereby customers can have part requirements met how and when they need them. “Siemens is a prime example of how 3D printing can make customized low volume production profitable for businesses – not just for the manufacturer in this case, but also for the end-use customer, the rail industry,” explains Andy Middleton, President, Stratasys EMEA. “With the ability to localize manufacturing and 3D print on-demand, entire supply chains can be redefined with large stocks of obsolete parts no longer required. For the rail industry, the likes of SWU Verkehr GmbH can now work closely with manufacturers to design and optimize 3D printed parts when they need them, ensuring trams are operational and that there is minimal disruption to public services.” Video: Learn how Siemens Mobility is overcoming time and cost barriers of traditional low volume production with Stratasys 3D printing For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing – shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company’s solutions provide customers with unmatched design freedom and manufacturing flexibility – reducing time-to-market and lowering development costs, while improving designs and communications. Stratasys subsidiaries include MakerBot and Solidscape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs. With more than 2,700 employees and 1,200 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. Visit us online at: www.stratasys.com or http://blog.stratasys.com/, and follow us on LinkedIn. Stratasys, Stratasys signet logo, Connex and PolyJet are trademarks or registered trademarks of Stratasys Ltd. and/or its subsidiaries or affiliates. Autodesk and Fusion 360 are trademarks of Autodesk Inc. and/or its subsidiaries and/or affiliates. Attention Editors, if you publish reader-contact information, please use:
News Article | April 21, 2017
Diab has signed a long term contract with Diehl Aircabin to supply its Divinycell F foam core for cabin applications. The company says that Divinycell F can minimize the need for labor intensive and putty, sanding, and sweeping steps. Featuring closed cells and minimal water absorption, Divinycell F also eliminates the need for edge fill. Many honeycomb panel designs now incorporate Divinycell F as an edge close-out. Divinycell F can also withstand high temperatures and exceeds requirements for aircraft interiors with regards to fire, smoke, toxicity (FST), and OSU heat release. Divinycell is used in aircrft seats, as lavatory interiors, galleys, luggage bins, cabin air distribution and window frames for the Airbus 350 XWB and other aircrafts. ‘It has been a pleasure to work with Diehl, and we are very proud of being a supplier and partner with Diehl Aircabin,’ said Lennart Thalin, Diab Executive Group vice president sales & segments. This story uses material from DIAB, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
News Article | April 25, 2017
WiseGuyReports.Com Publish a New Market Research Report On – “Global Perishable Goods Transportation Market 2017 Share,Trend,Segmentation and Forecast to 2022”.Pune, India - April 25, 2017 /MarketersMedia/ — This report studies the Perishable Goods Transportation market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Perishable Goods Transportation market by product type and applications/end industries. The global Perishable Goods Transportation market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Get a Sample Report @ https://www.wiseguyreports.com/sample-request/1220245-2017-2022-perishable-goods-transportation-report-on-global-and-united-states For more information or any query mail at email@example.com The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Perishable Goods Transportation. United States plays an important role in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX. Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Perishable Goods Transportation in these regions, from 2012 to 2022 (forecast), covering United States North America Europe Asia-Pacific South America Middle East and Africa The major players in global and United States Perishable Goods Transportation market, including C.H. Robinson, Ingersoll-Rand, Maersk Line, Swift Transportation, Africa Express Line, APL, Bay & Bay, China Shipping Container Lines, Compa?ía Sud Americana de Vapores, CRST International, Frost Sales, FST Logistics, Geest Line, Green Reefers Group, Hamburg Süd, Hanson Logistics, Hapag-Lloyd, Klinge, Kyowa Shipping, Maestro Reefers, MCT Transportation, Mitsui O.S.K. Lines, STAR Reefers, UNITED ARAB SHIPPING COMPANY, Weber Logistics, Witte Bros.Exchange, Inc., YANG MING The On the basis of product, the Perishable Goods Transportation market is primarily split into Rail Transportation Air Transportation Marine Transportation Road Transportation On the basis on the end users/applications, this report covers Food Medical Fresh Others Complete Report Details @ https://www.wiseguyreports.com/reports/1220245-2017-2022-perishable-goods-transportation-report-on-global-and-united-states Table Of Contents – Major Key Points 1 Methodology and Data Source 1.1 Methodology/Research Approach 1.1.1 Research Programs/Design 1.1.2 Market Size Estimation 1.1.3 Market Breakdown and Data Triangulation 1.2 Data Source 2.1.1 Secondary Sources 2.1.2 Primary Sources 1.3 Disclaimer 2 Perishable Goods Transportation Market Overview 2.1 Perishable Goods Transportation Product Overview 2.2 Perishable Goods Transportation Market Segment by Type 2.2.1 Rail Transportation 2.2.2 Air Transportation 2.2.3 Marine Transportation 2.2.4 Road Transportation 2.3 Global Perishable Goods Transportation Product Segment by Type 2.3.1 Global Perishable Goods Transportation Sales (K Ton) and Growth (%) by Types (2012, 2016 and 2022) 2.3.2 Global Perishable Goods Transportation Sales (K Ton) and Market Share (%) by Types (2012-2017) 2.3.3 Global Perishable Goods Transportation Revenue (Million USD) and Market Share (%) by Types (2012-2017) 2.3.4 Global Perishable Goods Transportation Price (USD/Ton) by Type (2012-2017) 2.4 United States Perishable Goods Transportation Product Segment by Type 2.4.1 United States Perishable Goods Transportation Sales (K Ton) and Growth by Types (2012, 2016 and 2022) 2.4.2 United States Perishable Goods Transportation Sales (K Ton) and Market Share by Types (2012-2017) 2.4.3 United States Perishable Goods Transportation Revenue (Million USD) and Market Share by Types (2012-2017) 2.4.4 United States Perishable Goods Transportation Price (USD/Ton) by Type (2012-2017) 3 Perishable Goods Transportation Application/End Users 3.1 Perishable Goods Transportation Segment by Application/End Users 3.1.1 Food 3.1.2 Medical 3.1.3 Fresh 3.1.4 Others 3.2 Global Perishable Goods Transportation Product Segment by Application 3.2.1 Global Perishable Goods Transportation Sales (K Ton) and CGAR (%) by Applications (2012, 2016 and 2022) 3.2.2 Global Perishable Goods Transportation Sales (K Ton) and Market Share (%) by Applications (2012-2017) 3.3 United States Perishable Goods Transportation Product Segment by Application 3.3.1 United States Perishable Goods Transportation Sales (K Ton) and CGAR (%) by Applications (2012, 2016 and 2022) 3.3.2 United States Perishable Goods Transportation Sales (K Ton) and Market Share (%) by Applications (2012-2017) 4 Perishable Goods Transportation Market Status and Outlook by Regions 4.1 Global Market Status and Outlook by Regions 4.1.1 Global Perishable Goods Transportation Market Size and CAGR by Regions (2012, 2016 and 2022) 4.1.2 North America 4.1.3 Asia-Pacific 4.1.4 Europe 4.1.5 South America 4.1.6 Middle East and Africa 4.1.7 United States 4.2 Global Perishable Goods Transportation Sales and Revenue by Regions 4.2.1 Global Perishable Goods Transportation Sales (K Ton) and Market Share (%) by Regions (2012-2017) 4.2.2 Global Perishable Goods Transportation Revenue (Million USD) and Market Share (%) by Regions (2012-2017) 4.2.3 Global Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (%) (2012-2017) 4.2.4 North America Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (%) (2012-2017) 4.2.5 Europe Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (%) (2012-2017) 4.2.6 Asia-Pacific Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (%) (2012-2017) 4.2.7 South America Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (2012-2017) 4.2.8 Middle East and Africa Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (%) (2012-2017) 4.2.9 United States Perishable Goods Transportation Sales (K Ton), Revenue (Million USD), Price (USD/Ton) and Gross Margin (2012-2017) 5 Global Perishable Goods Transportation Market Competition by Players/Manufacturers 5.1 Global Perishable Goods Transportation Sales (K Ton) and Market Share by Players (2012-2017) 5.2 Global Perishable Goods Transportation Revenue (Million USD) and Share by Players (2012-2017) 5.3 Global Perishable Goods Transportation Average Price (USD/Ton) by Players (2012-2017) 5.4 Players Perishable Goods Transportation Manufacturing Base Distribution, Sales Area, Product Types 5.5 Perishable Goods Transportation Market Competitive Situation and Trends 5.5.1 Perishable Goods Transportation Market Concentration Rate 5.5.2 Global Perishable Goods Transportation Market Share (%) of Top 3 and Top 5 Players 5.5.3 Mergers & Acquisitions, Expansion Continued……. For more information or any query mail at firstname.lastname@example.org Buy 1-User PDF @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=1220245 ABOUT US: Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of rmaket research reports under these categories and sub-categories. Contact Info:Name: Norah TrentEmail: email@example.comOrganization: WiseGuy Research Consultants Pvt Ltd.Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028Phone: +1-646-845-9349 Source URL: http://marketersmedia.com/global-perishable-goods-transportation-market-2017-share-trend-segmentation-and-forecast-to-2022/190221For more information, please visit https://www.wiseguyreports.comSource: MarketersMediaRelease ID: 190221
News Article | May 22, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or the “Company”) announced an expansion of its technology center at its forest products complex in Edmonton, Alberta. The expanded research and development facility will focus on developing next generation resin chemistry for panel production that will complement the Company’s existing EcoBind™ lower emitting resin technology and build on the inherent flame, smoke and toxicity (FST) properties of our current resin systems. The expanded lab is focused on emerging phenolic resin technology that substitutes phenol with bio-based raw materials, such as lignin. An abundant, natural polymer, lignin is an organic material that has significant potential as an adhesive substitute in wood panel production. “Hexion is committed to innovation that improves the sustainability of engineered panel products,” says Mark Alness, Senior Vice President, Americas Forest Products. “The substitution of lignin and other bio-based raw materials for phenol will result in greater use of these renewable raw materials in the coming decade. This investment is in line with Hexion’s ongoing commitment to develop low emitting EcoBind technology products.” The technology center expansion is set to be complete by the third quarter of 2017. In addition to state-of-the-art analytical equipment, Hexion has also invested in new panelboard press technology at the Edmonton lab to test the bio-based resins in an actual production environment due to the difficulty in working with natural feedstocks. The “pilot plant” is meant to mimic commercial production in a typical Alberta facility and demonstrate that the new resins and press, working in concert, can deliver the same or better panel properties as traditional materials. The new lab also leverages an investment in lignin production announced by Alberta Innovates (AI), a program designed to help diversify the Alberta economy by accelerating growth of the bio-industrial sector. In addition to the investments in Edmonton, Hexion remains committed to providing independent emissions testing as well as consulting on wood product development at its Advanced Testing Services (ATS) laboratory in Springfield, Oregon. Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Hexion Inc. is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Hexion Inc. and its products is available at www.hexion.com.
News Article | May 15, 2017
CALGARY, ALBERTA--(Marketwired - May 15, 2017) - SECURE Energy Services Inc. ("SECURE") (TSX:SES) and Ceiba Energy Services Inc. ("Ceiba") (TSX VENTURE:CEB) are pleased to announce that they have entered into an arrangement agreement dated May 14, 2017 (the "Arrangement Agreement") pursuant to which SECURE has agreed to acquire all of the issued and outstanding common shares of Ceiba (the "Ceiba Shares"), a service provider of stand-alone water disposal and oil treating facilities in the Canadian energy sector (the "Transaction"). Under the terms of the Arrangement Agreement, SECURE will pay approximately $26 million for all of the issued and outstanding Ceiba Shares. Ceiba shareholders will receive $0.205 for each share, to be paid in cash or by the issuance of 0.02115 of a SECURE common share, at their election, provided that a maximum of approximately 1.3 million SECURE common shares will be issued (representing approximately 50% of the consideration to be paid to Ceiba shareholders). The exchange ratio reflects a SECURE share price of $9.6912, being SECURE's trailing 3-trading day volume weighted average trading price on the Toronto Stock Exchange. The $0.205 per share consideration represents a 64% premium over the closing price of Ceiba Shares on the TSX Venture Exchange on May 12, 2017. The aggregate Transaction value is approximately $37 million, which includes the assumption of approximately $11 million in Ceiba debt. As part of the Transaction, SECURE will acquire approximately $1 million of net working capital excluding debt and approximately $30 million of fixed assets consisting of tanks, pumps, pipelines, treaters, disposal wells and various other equipment. "Adding Ceiba's stand-alone water disposal and oil treating facilities to SECURE's expansive network of facilities provides our customers with more options for their water, waste and oil handling needs," said Rene Amirault, SECURE's Chairman and Chief Executive Officer. "This Transaction will add 10 new locations to our existing footprint of 39 facilities in the Western Canadian Sedimentary Basin. There are numerous opportunities at the Ceiba facilities to optimize and expand existing services and throughput, thereby enhancing customer value." Ronald Sifton, Interim CEO of Ceiba, stated, "We are very pleased with this outcome of our strategic process review. The Transaction provides our shareholders the opportunity to participate in the future potential of a well capitalized leading North American energy services company which has a track record of successful project execution and corporate growth. The combined entity is much better positioned to deploy capital and realize significant operating synergies to maximize the value of Ceiba's operating assets." The SECURE Board has unanimously approved the Transaction. The board of directors of Ceiba (the "Ceiba Board") has unanimously approved the Transaction and recommends that holders of Ceiba Shares vote in favour of the special resolution approving the Transaction. Peters & Co. Limited is acting as financial advisor to Ceiba in respect of the Transaction and has provided the Ceiba Board with its verbal opinion that, subject to the assumptions, qualifications and limitations contained therein, the consideration to be received by holders of Ceiba Shares pursuant to the terms of the Arrangement Agreement is fair, from a financial point of view, to the holders of Ceiba Shares. Securityholders holding approximately 40% of the combined outstanding shares and warrants of Ceiba have signed lock up agreements in support of the Arrangement. Under the terms of the Arrangement Agreement, the Transaction will be effected by way of a plan of arrangement of Ceiba under the Business Corporations Act (Alberta). The SECURE shares to be issued on the exchange of Ceiba Shares pursuant to the Arrangement Agreement will be available to Ceiba shareholders on a tax deferred basis for Canadian tax purposes. The Transaction will require approval by at least 66 2/3 percent of holders of the Ceiba Shares and Ceiba warrants, voting together as a single class, at a special meeting to be called to consider the Transaction. The Transaction is expected to be completed in the third quarter of 2017 and is subject to TSX, TSX Venture Exchange and Alberta Court of Queen's Bench approval, regulatory approvals and the satisfaction of other customary closing conditions. The Transaction is an arm's length transaction for the purposes of the policies of the TSX Venture Exchange. The Arrangement Agreement contains customary terms and conditions for a transaction of this nature, including a prohibition upon Ceiba from soliciting or initiating any discussion concerning any other business combination or similar transaction, subject to compliance with fiduciary duties, the right of SECURE to match any unsolicited superior proposal received by Ceiba, and a termination fee of $1.0 million payable to SECURE in certain circumstances. SECURE is a TSX publicly traded energy services company that provides safe, innovative, efficient and environmentally responsible fluids and solids solutions to the oil and gas industry. The Corporation owns and operates midstream infrastructure and provides environmental services and innovative products to upstream oil and natural gas companies operating in western Canada and certain regions in the United States ("U.S."). Processing, Recovery and Disposal Division ("PRD"): The PRD division owns and operates midstream infrastructure that provides processing, storing, shipping and marketing of crude oil, oilfield waste disposal and recycling. More specifically these services are clean oil terminalling and rail transloading, custom treating of crude oil, crude oil marketing, produced and waste water disposal, oilfield waste processing, landfill disposal, and oil purchase/resale service. SECURE currently operates a network of facilities throughout Western Canada and in North Dakota, providing these services at its full service terminals ("FST"), landfills, stand-alone water disposal facilities ("SWD") and full service rail facilities ("FSR"). Drilling and Production Services Division ("DPS"): The DPS division provides equipment and product solutions for drilling, completion and production operations for oil and gas producers in Western Canada. The drilling service line comprises the majority of the revenue for the division which includes the design and implementation of drilling fluid systems for producers drilling for oil, bitumen and natural gas. The drilling service line focuses on providing products and systems that are designed for more complex wells, such as medium to deep wells, horizontal wells and horizontal wells drilled into the oil sands. The production services line focuses on providing equipment and chemical solutions that optimize production, provide flow assurance and maintain the integrity of production assets. Onsite Services Division ("OS"): The operations of the OS division include Projects which include pipeline integrity (inspection, excavation, repair, replacement and rehabilitation), demolition and decommissioning, and reclamation and remediation of former wellsites, facilities, commercial and industrial properties, and environmental construction projects (landfills, containment ponds, subsurface containment walls, etc.); Environmental services which provide pre-drilling assessment planning, drilling waste management, remediation and reclamation assessment services, Naturally Occurring Radioactive Material ("NORM") management, waste container services, and emergency response services; and Integrated Fluid Solutions ("IFS") which include water management, recycling, pumping and storage solutions. Ceiba provides specialized services to the energy sector, specifically to companies involved in the exploration, extraction and production of oil and natural gas in Western Canada. Ceiba develops and constructs facilities in proximity to its customers to provide treatment of crude oil emulsion, terminalling, storage and marketing of oil and disposal of production water. Certain statements contained in this new release constitute "forward-looking statements" and/or "forward-looking information" within the meaning of applicable securities laws (collectively referred to as forward-looking statements). When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", and similar expressions, as they relate to SECURE, or its management, are intended to identify forward-looking statements. Such statements reflect the current views of SECURE with respect to future events and operating performance and speak only as of the date of this document. In particular, this document contains or implies forward-looking statements pertaining to: anticipated benefits of the Transaction, expected synergies with SECURE's business, services expansion and optimization, EBITDA contribution from the Transaction and anticipated Transaction timing. Forward-looking statements concerning expected operating and economic conditions are based upon prior year results as well as the assumption that levels of market activity and growth will be consistent with industry activity in Canada and the U.S. and similar phases of previous economic cycles. Forward-looking statements concerning the relative future competitive position of the Corporation are based upon the assumption that economic and operating conditions, including commodity prices, crude oil and natural gas storage levels, interest and foreign exchange rates, the regulatory framework regarding oil and natural gas royalties, environmental regulatory matters, the ability of the Corporation and its subsidiaries to successfully market their services and drilling and production activity in North America will lead to sufficient demand for the Corporation's services and its subsidiaries' services including demand for oilfield services for drilling and completion of oil and natural gas wells, that the current business environment will remain substantially unchanged, and that present and anticipated programs and expansion plans of other organizations operating in the energy industry may change the demand for the Corporation's services and its subsidiaries' services. Forward-looking statements concerning the nature and timing of growth are based on past factors affecting the growth of the Corporation, past sources of growth and expectations relating to future economic and operating conditions. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. Readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results to differ materially from the results discussed in these forward-looking statements, including but not limited to those factors referred to and under the heading "Business Risks" in SECURE's latest Management's Discussion and Analysis and under the heading "Risk Factors" in the Corporation's Annual Information Form (for the year ended December 31, 2016 and also includes the risks associated with the possible failure to realize the anticipated synergies in integrating the assets acquired in the Acquisition with the operations of SECURE. Although forward-looking statements contained in this document are based upon what the Corporation believes are reasonable assumptions, the Corporation cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements in this document are expressly qualified by this cautionary statement. Unless otherwise required by law, SECURE does not intend, or assume any obligation, to update these forward-looking statements. The Corporation uses accounting principles that are generally accepted in Canada (the issuer's "GAAP"), which includes International Financial Reporting Standards ("IFRS"). Certain supplementary measures in this document do not have any standardized meaning as prescribed by IFRS, including the non-GAAP measure adjusted EBITDA. These non-GAAP measures, operational definitions and additional subtotals used by the Corporation may not be comparable to similar measures presented by other reporting issuers. These non-GAAP financial measures, operational definitions and additional subtotals are included because management uses the information to analyze operating performance, leverage and liquidity. Therefore, these non-GAAP financial measures, operational definitions and additional subtotals should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. See the management's discussion and analysis available at www.sedar.com for a reconciliation of the Non-GAAP financial measures, operational definitions and additional subtotals.
News Article | May 16, 2017
General Plastics Manufacturing Company will participate in the renowned technical conference and exhibition for the advanced materials community – SAMPE Seattle 2017. The plastics and composite materials pioneer welcomes the expected 4,300 designers, engineers, researchers and decision-makers from around the world to Booth F33 at the Washington State Convention Center. General Plastics will spotlight its composite core products, including its acclaimed fire-, smoke- and toxicity-compliant LAST-A-FOAM® FR-3800 FST. Technical representatives will also show samples of the company’s foam tooling boards and molded parts, and look forward to discussing projects. “We look forward to demonstrating our capabilities and discussing project needs at the industry’s premier global event, less than 45 minutes from our production headquarters,” said President Mitch Johnson, Ph.D. “Our customers from around the world know they can trust General Plastics for consistent material properties, scalable production services, and novel solutions to meet their technical and budgetary challenges.” RIGID FOAM COMPOSITE CORE AND TOOLING BOARDS LAST-A-FOAM® rigid foam boards are durable, versatile and affordable, with high strength-to-weight ratios and a wide range of formulations to fulfill diverse applications. These include the demanding physical property, flammability performance and processing requirements of multiple aerospace and military specifications. Being spotlighted at SAMPE Seattle, LAST-A-FOAM® FR-3800 FST series halogen-free polyurethane foams comply with the Ohio State University (OSU) 65/65 heat release standard, FAA flame and smoke regulations, and aircraft manufacturer toxicity requirements. These next-generation FST foam boards are light, easily machined, thermoformed and bonded to composite skins, making them a cost-saving alternative and superb core material for many composite buildups. Also a proven performer, LAST-A-FOAM® FR-4700 High-Temperature Tooling Boards withstand peak temperatures up to 400° F (200°C) and continuous-use temperatures up to 350° F (177°C). Cost-effective and dimensionally stable, this rigid foam board is ideal for prototype tooling, short tooling runs, high-temperature curing prepregs, vacuum forming, , master models and monolithic or large-mass tools where traditional metal dies are cost-prohibitive. MOLDED PARTS SAMPE Seattle attendees can also explore General Plastics’ build-to-print molded parts capabilities and services. These include custom molding, fabrication and assembly, from mold and prototype design to tooling, bonding, CNC machining and finishing. Its custom molded parts are produced from flame-retardant, self-extinguishing and self-skinning flexible and rigid polyurethane foam materials. Typical aerospace industry parts include armrest pads, flight deck components and custom-molded parts used in walls and ceilings, class dividers, overhead stow bins, food-service galleys and lavatories within passenger cabins. OEM and Tier 1/Tier 2 customers have relied on General Plastics for everything from short runs of specialty parts to ongoing high-volume parts programs. About General Plastics Manufacturing Company Tacoma, Washington-based General Plastics Manufacturing Company has been a leading innovator in the plastics industry for 75 years. The company develops and manufactures rigid and flexible polyurethane foam products, which include its signature LAST-A-FOAM® brand series and build-to-print composite parts. Directly or through its network of distributors, General Plastics serves the aerospace and defense, nuclear packaging, composite core, prototype and modeling, construction, dimensional signage, testing and marine industries. General Plastics is certified to ISO 9001:2008/AS9100C and meets the rigorous demands of numerous leading quality systems, which include NQA-1, Mil-I-45208A and Boeing Company D6-82479. Please visit http://www.generalplastics.com.
News Article | May 25, 2017
Thermoset resin in the global automotive composites market is forecast to grow at a CAGR of 6.6% from 2016 to 2021. The future of automotive thermoset resin composites market looks good with opportunities in interior, exterior and others components. The major growth drivers for this market are increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. Emerging trends, which have a direct impact on the dynamics of the automotive thermoset resin composites industry, include development of rapid cure resin systems, emergence of bio based thermosets, and increasing use of Fire, Smoke, and Toxic (FST) resin. Automotive thermoset resin composite companies profiled in this market report include Ashland, Polynt, Huntsman Corporation, Aliancys A.G., Hexion, and AOC LLC are among the major suppliers of thermoset resin in the global automotive composites market. On the basis of its comprehensive research, the author forecasts that the exterior component is expected to be the largest market and expected to show the highest growth rate during the forecast period of 2016 to 2021. Within the thermoset resin in the global automotive composites market, sheet molding Compound/bulk molding compound (SMC/BMC), phenolic molding compound (PMC), and others are the major intermediate materials to manufacture automotive parts. SMC/BMC is expected to remain the largest market by value and volume, mainly driven by lowering the weight of the vehicle as well as offering parts consolidation, corrosion resistance, and lower capital investment for shorter series production. North American is expected to remain the largest market due to growing demand for lightweight and environmentally sustainable composite materials from the automotive industry. Government regulations, such as CAFÉ Standards in the US are putting pressure on OEMs to incorporate light-weight materials to curb the overall vehicle weight, and this is the key driver for thermoset resin in the automotive industry. The study includes a forecast for automotive thermoset resin composites market through 2021 segmented by components, application, intermediate material type, resin type, by country and region as follows: Automotive thermoset resin composites market by Automotive Components (Value ($M) and Volume (M lbs) from 2010 to 2021): - Interior - Exterior - Others Automotive thermoset resin composites market by Automotive Applications (Value ($M) and Volume (M lbs) from 2010 to 2021): - Pickup box - Closer panel - Body panel - Fenders - GOR - Heat Shield - Headlamp reflectors - Others Automotive thermoset resin composites market by Material Type (Value ($M) and Volume (M lbs) from 2010 to 2021): - Sheet Molding Compound(SMC) - Bulk Molding Compound(BMC) - Short Fiber Thermoset (SFT) - Phenolic Molding Compound (PMC) - Others Automotive thermoset resin composites market by Resin Type (Value ($M) and Volume (M lbs) from 2010 to 2021): - Polyester - Vinylester - Phenolic - Epoxy - Polyurethane Key Topics Covered: 1. Executive Summary 2. Global Thermoset Resin Automotive Market: Market Dynamics 3. Market Trends and Forecast Analysis from 2010 to 2021 4. Market Trends and Forecast Analysis by Region 5. Regional Analysis 6. Competitor Analysis 7. Growth Opportunity & Strategic Analysis 8. Company Profiles of Leading Players For more information about this report visit http://www.researchandmarkets.com/research/8cd6ns/growth Research and Markets Laura Wood, Senior Manager firstname.lastname@example.org For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-automotive-thermoset-resin-composites-market-growth-opportunities-2016-2021---research-and-markets-300463823.html
News Article | May 24, 2017
FST's award-winning IMID Access was installed at the entrance to the facility and incorporated into previously existing turnstiles. The system was also easily integrated with the Center's cloud-based membership management system. Registered users are identified and granted access almost instantaneously, with each entry taking less than two seconds as authorized users walk through the turnstile. New member registration takes less than one minute per user, allowing the center to easily accommodate its dynamic user base. "The Hydrolife Center is exactly the type of facility meant to utilize IMID Access," said Arie Melamed, CMO of FST Biometrics. "We are confident that more sports and health facilities will adopt this easy-to-use, touch-free system to not only better manage identification and access for members and staff, but also to free up staff's time to better serve members and visitors to the center." FST's IMID Access has been implemented in a variety of venues, including large residential complexes, high security office buildings and educational institutions, in addition to heath and recreation centers. HydroLife Sha'ar Hanegev is a sports center that employs a large number of professionals who are among the best in their fields, with extensive professional knowledge, years of experience and a desire to give service. The sports center is focused on high quality sports, fitness, lifestyle, recreation and leisure, with expanded physical infrastructure and operations allowing for a large number of users. HydroLife was established in 2000 as a 'multipurpose center' and is located in the Sha'ar Hanegev educational center, serving people with special needs in its 'hydrotherapy center' for rehabilitation, alongside members of the sports center. About FST Biometrics FST Biometrics is a leading In Motion Identification (IMID™) solutions provider. FST's Visual Identification™ technology offers speed and accuracy for a highly convenient user experience. IMID is ideal for a diverse range of applications, including access control, healthcare, retail and experience personalization. IMID™ solutions are a fusion of Visual Identification™ technologies that include facial recognition and behavioral biometrics. For more information, please visit http://www.fstbm.com.
News Article | May 23, 2017
COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc. (“Hexion” or the “Company”) is introducing a new phenolic resin for pre-preg composites with an ultra-low free formaldehyde (ULEF) content of less than 0.1%, at the SAMPE Seattle 2017 conference, May 23-25th. The new, lower volatile organic compound (VOC) CELLOBOND™ J 6021X01 resins, specifically designed for pre-preg manufacturing, maintain the CELLOBOND product line’s proven excellence in fire, smoke and toxicity (FST) performance while providing improved safe use and handling. The ULEF resin systems have 90% less free formaldehyde than previous systems. This new system results in reduced emissions during composite manufacturing and allows the development of pre-preg composite systems with even further reductions in free formaldehyde content. “Pre-preg” refers to a composite made by saturating, or pre-impregnating, a reinforcing fabric with the resin system before, rather than during, molding. “Phenolic composites are universally accepted as the best option for meeting the most stringent fire safety standards, such as FAR 25.853,” said Neil Smallwood, Managing Director at FTI Group. “With CELLOBOND J6021X01 phenolic resin, we have been able to combine fire safety with safer pre-preg manufacturing and handling. Our new FibaRoll PH pre-pregs and SMC formulations have a residual free formaldehyde of <0.01%. FST results are excellent, with outstanding Peak Heat Release of <10 kW/m2. CELLOBOND phenolic composite solutions also support improved workplace safety and hygiene.” For more information, customers should meet with Hexion representatives at SAMPE Hall A, Booth L16—or visit hexion.com. Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Hexion Inc. is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Hexion Inc. and its products is available at www.hexion.com.
News Article | May 12, 2017
— This report studies the Perishable Goods Transportation market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions, and splits the Perishable Goods Transportation market by product and Application/end industries. The global Perishable Goods Transportation market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. United States will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Perishable Goods Transportation. EU also play important roles in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX. The major players in global market include C.H. Robinson, Ingersoll-Rand, Maersk Line, Swift Transportation, Africa Express Line, APL, Bay & Bay, China Shipping Container Lines, Compa?ía Sud Americana de Vapores, CRST International, Frost Sales, FST Logistics, Geest Line, Green Reefers Group, Hamburg Süd, Hanson Logistics, Hapag-Lloyd, Klinge , Kyowa Shipping, Maestro Reefers, MCT Transportation, Mitsui O.S.K. Lines, STAR Reefers, UNITED ARAB SHIPPING COMPANY, Weber Logistics, Witte Bros. Exchange, Inc., YANG MING. Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Perishable Goods Transportation for these regions, from 2012 to 2022 (forecast) United States EU Japan China India Southeast Asia On the basis of product, the Perishable Goods Transportation market is primarily split into Rail Transportation Air Transportation Marine Transportation Road Transportation On the basis on the end users/Application, this report covers Food Medical Fresh Others Global Perishable Goods Transportation Market Size, Status and Forecast 2022 1 Industry Overview 1.1 Perishable Goods Transportation Market Overview 1.1.1 Perishable Goods Transportation Product Scope 1.1.2 Market Status and Outlook 1.2 Global Perishable Goods Transportation Market Size and Analysis by Regions (2012-2017) 1.2.1 United States Perishable Goods Transportation Market Status and Outlook 1.2.2 EU Perishable Goods Transportation Market Status and Outlook 1.2.3 Japan Perishable Goods Transportation Market Status and Outlook 1.2.4 China Perishable Goods Transportation Market Status and Outlook 1.2.5 India Perishable Goods Transportation Market Status and Outlook 1.2.6 Southeast Asia Perishable Goods Transportation Market Status and Outlook 1.3 Classification of Perishable Goods Transportation by Product 1.3.1 Global Perishable Goods Transportation Revenue (Million USD) and Growth (%) Comparison by Product (2012-2022) 1.3.2 Global Perishable Goods Transportation Revenue (Million USD) Market Share (%) by Product in 2016 1.3.3 Rail Transportation 1.3.4 Air Transportation 1.3.5 Marine Transportation 1.3.6 Road Transportation 1.4 Perishable Goods Transportation Market by End Users/Application 1.4.1 Food 1.4.2 Medical 1.4.3 Fresh 2 Global Perishable Goods Transportation Competition Analysis by Players 2.1 Global Perishable Goods Transportation Market Size (Million USD) by Players (2012-2017) 2.2 Competitive Status and Trend 2.2.1 Market Concentration Rate 2.2.2 Product/Service Differences 2.2.3 New Entrants 2.2.4 The Technology Trends in Future 3 Company (Top Players) Profiles and Key Data 3.1 C.H. Robinson 3.1.1 Company Profile 3.1.2 Main Business/Business Overview 3.1.3 Products, Services and Solutions 3.1.4 C.H. Robinson Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.1.5 Recent Developments 3.2 Ingersoll-Rand 3.2.1 Company Profile 3.2.2 Main Business/Business Overview 3.2.3 Products, Services and Solutions 3.2.4 Ingersoll-Rand Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.2.5 Recent Developments 3.3 Maersk Line 3.3.1 Company Profile 3.3.2 Main Business/Business Overview 3.3.3 Products, Services and Solutions 3.3.4 Maersk Line Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.3.5 Recent Developments 3.4 Swift Transportation 3.4.1 Company Profile 3.4.2 Main Business/Business Overview 3.4.3 Products, Services and Solutions 3.4.4 Swift Transportation Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.4.5 Recent Developments 3.5 Africa Express Line 3.5.1 Company Profile 3.5.2 Main Business/Business Overview 3.5.3 Products, Services and Solutions 3.5.4 Africa Express Line Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.5.5 Recent Developments 3.6 APL 3.6.1 Company Profile 3.6.2 Main Business/Business Overview 3.6.3 Products, Services and Solutions 3.6.4 APL Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.6.5 Recent Developments 3.7 Bay & Bay 3.7.1 Company Profile 3.7.2 Main Business/Business Overview 3.7.3 Products, Services and Solutions 3.7.4 Bay & Bay Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.7.5 Recent Developments 3.8 China Shipping Container Lines 3.8.1 Company Profile 3.8.2 Main Business/Business Overview 3.8.3 Products, Services and Solutions 3.8.4 China Shipping Container Lines Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.8.5 Recent Developments 3.9 Compa?ía Sud Americana de Vapores 3.9.1 Company Profile 3.9.2 Main Business/Business Overview 3.9.3 Products, Services and Solutions 3.9.4 Compa?ía Sud Americana de Vapores Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.9.5 Recent Developments 3.10 CRST International 3.10.1 Company Profile 3.10.2 Main Business/Business Overview 3.10.3 Products, Services and Solutions 3.10.4 CRST International Perishable Goods Transportation Revenue (Million USD) (2012-2017) 3.10.5 Recent Developments 3.11 Frost Sales 3.12 FST Logistics 3.13 Geest Line 3.14 Green Reefers Group 3.15 Hamburg Süd 3.16 Hanson Logistics 3.17 Hapag-Lloyd 3.18 Klinge 3.19 Kyowa Shipping 3.20 Maestro Reefers 3.21 MCT Transportation 3.22 Mitsui O.S.K. Lines 3.23 STAR Reefers 3.24 UNITED ARAB SHIPPING COMPANY 3.25 Weber Logistics 3.26 Witte Bros. Exchange, Inc. 3.27 YANG MING 4 Global Perishable Goods Transportation Market Size by Product and Application (2012-2017) 4.1 Global Perishable Goods Transportation Market Size by Product (2012-2017) 4.2 Global Perishable Goods Transportation Market Size by Application (2012-2017) 4.3 Potential Application of Perishable Goods Transportation in Future 4.4 Top Consumer / End Users of Perishable Goods Transportation 5 United States Perishable Goods Transportation Development Status and Outlook 5.1 United States Perishable Goods Transportation Market Size (2012-2017) 5.2 United States Perishable Goods Transportation Market Size and Market Share by Players (2012-2017) 5.3 United States Perishable Goods Transportation Market Size by Application (2012-2017) For more information, please visit http://www.wiseguyreports.com