News Article | March 2, 2017
Houston, Texas, USA, March 02, 2017 (GLOBE NEWSWIRE) -- Texas LNG Brownsville LLC (“Texas LNG”) is pleased to announce that it has selected Samsung Engineering Co., Ltd. (“Samsung Engineering”) and KBR Inc. (“KBR”) to provide Texas LNG with pre-Final Investment Decision (“pre-FID”) Detailed Engineering and post-Final Investment Decision (“post-FID”) Engineering, Procurement & Construction (“EPC”) services for its proposed 4 million tonnes per annum (“MTA”) LNG export facility. Samsung Engineering, a minority equity owner and technical partner of Texas LNG, has already completed the Conceptual Study, Pre-Front End Engineering Design (“Pre-FEED”) and FEED for the Texas LNG Project, culminating in over 200,000 engineering-man hours. The Texas LNG Project design concept envisions constructing modular designed and pre-fabricated liquefaction trains using proven technology and standardized components in a controlled shipyard environment to reduce overall project costs, reduce complex onshore civil construction works, minimize local onsite environmental impacts, and minimize commissioning costs during permanent installation. Braemar Engineering, acting as Texas LNG’s owners’ engineer, together with Samsung Engineering and KBR, continues to identify value engineering enhancements to reduce project costs and optimize performance. Braemar Engineering is also responding to data requests during the Federal Energy Regulatory Commission permitting process. KBR, a pioneer and leader in LNG with over 40 years of continuous LNG experience dating back to the 1970s, has developed about one third of the world's LNG capacity and has extensive experience designing and fabricating more than 1.3 million tonnes of modules, including the world's first fully modularized LNG facility. KBR also has 30 years of experience with the proven and robust APCI AP-C3MR™ technology used in most world LNG operating liquefaction facilities, and which Texas LNG has chosen for its liquefaction plant design. Samsung Engineering and KBR will focus on value engineering and optimization for the proposed 4 MTA export facility to be built in two 2 MTA phases. Texas LNG aims to be among the lowest cost US LNG projects and pass savings to its LNG customers. Pre-FID Detailed Engineering, expected to begin this year, will include further design and schedule optimization, identification of long lead items and early works commitments, early preparation of purchase orders, and all due diligence in relation to technical commercial and contractual matters that will enable Samsung Engineering and KBR to execute a lump sum turnkey (“LSTK”) EPC contract for the Texas LNG plant. Agreements between Texas LNG and Samsung Engineering / KBR for pre-FID Detailed Engineering and EPC will be negotiated over the coming months. Executive Vice President and CMO of Samsung Engineering, Jae Hoon Choi, stated, “We want to firmly establish our competitiveness in LNG and have successfully completed the Texas LNG FEED in 2016. We’ve formed a multidisciplinary LNG task force consisting of LNG liquefaction process engineers, modularization specialists, and cost and schedule experts. Samsung Engineering and KBR will execute an EPC with Texas LNG and deliver a high-quality LNG plant at a world competitive price.” This significant milestone towards FID follows the recent announcement that Texas LNG has executed detailed non-binding Term Sheets with four independent LNG buyers in Southeast Asia and China for a volume of 3.1 MTA. Final Investment Decision for the development of the Texas LNG liquefaction project is expected in 2018. Texas LNG Brownsville LLC is an independent, Houston-based LNG company. The company is focused on low unit costs, realistic project size, LNG contractual flexibility, and proven liquefaction technology. Samsung Engineering is a minority equity owner in Texas LNG. Texas LNG’s initial project will be constructed at the Port of Brownsville in South Texas. The 625-acre site is strategically located on the north shore of the Port of Brownsville's deepwater ship channel which is in close proximity to natural gas supplies. Phase 1 production of 2 MTA of LNG for export to FTA and non-FTA markets is expected to commence in 2021-22. Phase 2 production of additional 2 MTA will follow depending on market demand. The Texas LNG team comprises leading technical, financial, environmental, and legal experts including Samsung Engineering, KBR, Braemar Engineering, Air Products, Honeywell, Third Point LLC, BNP Paribas, Galway Capital LP, Environmental Resources Management (ERM), K&L Gates, GreenbergTraurig, Andrews Kurth, Royston Rayzor, amongst others. Additional information about Texas LNG may be found on its website at www.txlng.com. Samsung Engineering is one of the world’s leading engineering, procurement, construction and project management (EPC & PM) companies, employing 17,000 people worldwide and delivering over 1,000 projects around the globe for over 40 years since foundation in 1970. Samsung Engineering’s business portfolio includes a full range of engineering services: oil & gas processing and petrochemical plants; power plants; environmental facilities. Samsung Engineering has substantial business in over 38 countries worldwide, with an established presence in countries such as Saudi Arabia, United Arab Emirates, Algeria, Iraq, Kuwait, Malaysia, India, Indonesia, China, Thailand, USA and Mexico. Additional information about Samsung Engineering may be found on its website at www.samsungengineering.com KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing over 22,000 people worldwide with customers in more than 80 countries and operations in 40 countries. A leader and early innovator in the LNG industry, KBR has managed and developed about one third of the world's LNG capacity. With LNG Centers of Excellence in Houston and London, supported by Perth and Singapore, KBR’s rich LNG heritage includes more than 400 studies/projects since 1970 with world-scale plants of varying capacities. Additional information about KBR may be found on its website at www.kbr.com The information and materials in this document are provided for informational purposes only and are subject to addition, deletion and modification without notice at the sole discretion of Texas LNG LLC and Texas LNG Brownsville LLC, and are not warranted or guaranteed to be correct, complete or up-to-date. The information and materials could include technical inaccuracies, other errors and are provided “As Is” without any representation or warranties of any kind. Texas LNG LLC and Texas LNG Brownsville LLC will neither accept or assume any liability, direct, indirect or consequential, of any kind arising from the use of information and materials contained in this document or linked website. This document is not to be considered or to be constituted as investment advice or as any type of offer, invitation, solicitation or recommendation in relation to the purchase or sale of any type of financial instruments or security in any jurisdiction. Any forward looking statements contained in the information and materials in this document are only predictions and are subject to risks, uncertainties and assumptions, many of which are outside the control of Texas LNG LLC or Texas LNG Brownsville LLC or its officers or representatives. These risks, uncertainties and assumptions include commodity prices, currency fluctuations, economic and financial market conditions in various countries and regions, environmental risks and legislative, fiscal or regulatory developments, political risks, project delay or advancement, approvals and cost estimates. Actual values, results or events may be materially different to those expressed or implied in this document. Given these uncertainties, readers are cautioned not to place reliance on forward looking statements. Readers are strongly advised to complete their own investigations to the accuracy and completeness of the contents of this or any other communication or document, written or oral, provided by or referred to by Texas LNG LLC or Texas LNG Brownsville LLC or its officers or representatives.
News Article | February 16, 2017
NEW YORK, Feb. 16, 2017 /PRNewswire/ -- Today, CIVIQ Smartscapes announced the installation of WayPoints in stations on New York City's new Second Avenue Subway, bringing state-of-the-art urban technology to the Metropolitan Transit Authority's (MTA) newest line. CIVIQ WayPoints will...
News Article | February 15, 2017
NEW YORK--(BUSINESS WIRE)--Arcade Creative Group, the creative and marketing agency born from Sony Music, today announced a new agreement with Trusted Media Brands (TMBI) to produce video series for its brands and advertising partners. Arcade will produce both scripted series for TMBI brands such as Taste of Home and Reader’s Digest and will work with TMBI to deliver ultra-high definition video production capabilities to marketers. “As storytelling evolves from words and pictures to include more video, partnering with Arcade Creative Group is a smart way for Trusted Media Brands to stay ahead of the curve,” said Bonnie Kintzer, Trusted Media Brands president and chief executive officer. Rich Sutton, Trusted Media Brands chief revenue officer, added, “We’ve established a high-quality, go-to-market video solution that doesn’t compete with our advertising agency partners. Arcade is the perfect fit. The relationship is like having our own in-house content studio.” TMBI’s nearly 100 years of storytelling connects with Arcade Creative Group’s 21st century video mastery, heightening TMBI’s content marketing services proficiencies. The new offering gives advertisers the ability to produce and distribute custom video content for TMBI’s extremely loyal, active and digitally engaged audiences, reaching 53.8 million consumers across all TMBI properties. Advertisers will also receive increased scale through TMBI’s expanded content syndication partnerships, including MSN, AOL, Daily Motion and Video Elephant, which all provide brand safe environments for custom video campaigns. TMBI’s advertisers include Fortune 100 brands, such as Toyota, Nestlé, Home Depot, MetLife, Geico and Folgers, among others. “This partnership is a great marriage creatively and for business development. Arcade Productions is skilled at working creatively in many of the categories TMBI serves, such as food, home, design, health and lifestyle,” said Sam Erickson, Arcade VP, head of production. “We bring a cultural insider’s perspective that comes from being a Sony Music company. Having a highly experienced and nimble team establishes efficiency for partners, enabling us to deliver really thoughtful and well-executed content that will make sense for TMBI and its clients.” Both TMBI and Arcade Creative Group have expertise in creating content for growing millennial demographics. TMBI currently reaches one in three U.S. millennials across its marquee properties. Arcade Creative Group’s clients include Ford, Corona, American Express, Unilever’s AXE and many others. In the past year, Trusted Media Brands has produced custom video for J.M. Smucker (Hungry Jack), Ryobi, Timberland and Sterling, a Kohler Company, to name a few. Trusted Media Brands, Inc. is a visionary, brand-driven multiplatform media company, home to iconic brands like Taste of Home, the world’s largest circulation food media brand; Reader’s Digest; The Family Handyman, America’s leading source for DIY; a suite of highly targeted brands including Birds & Blooms, Country, Country Woman, Farm & Ranch Living and Reminisce; and digital properties which include EnrichU, the Taste Community and Haven Home Media. Trusted Media Brands, Inc. reaches active consumers who genuinely connect with our blend of uplifting and enduring expertly-curated family, food, health, home improvement, finance and humor content – digitally, via social media, magazines and books, and events and experiences. Founded in 1922 by DeWitt Wallace as The Reader’s Digest Association, Inc., one of the first user-generated content publishers, Trusted Media Brands, Inc. is headquartered in New York City. For more information, visit TMBI.com. Arcade Creative Group is a full service creative and marketing agency born from Sony Music in 2009. Sitting at the heart of culture, Arcade doesn’t just understand culture, it creates it. With capabilities ranging from advertising, design and packaging to music and full production services, Arcade’s clients include American Express, MTA, KPMG among other work done on behalf of Coca-Cola, PUMA, Ford, Honda and others. Arcade’s core mission is to create cultural relevancy for all brands, whether they be established, in need of refreshing or developing—and for any category—as it has done across retail, finance, entertainment, transportation, travel and automotive.
News Article | February 27, 2017
Medasys est un éditeur majeur de solutions logicielles dans les domaines du dossier patient, de la production de soins, de la biologie et de l'imagerie médicale, permettant aux établissements de Santé publics et privés d'optimiser et de fiabiliser les processus médicaux dans une logique de sécurité patient, de performance et de maîtrise des coûts. Medasys emploie 215 collaborateurs et est présente en France (Clamart et Lyon), ainsi qu'en Belgique, en Algérie, au Maroc et au Japon. Depuis novembre 2011, Medasys fait partie du Groupe NoemaLife, leader en informatique de Santé, constituant ainsi l'un des leaders européens en matière de solutions logicielles de Santé. Cotée à la bourse italienne (MTA) depuis 2006 (NOE-ISIN IT0004014533), NoemaLife compte 450 collaborateurs et est présente en Italie, Allemagne, Royaume-Uni, Argentine, Chili et Emirats Arabes Unis. Medasys est cotée au Compartiment C d'Euronext Paris (mnémonique MED - code ISIN FR 0000052623). Au-delà de ses activités métiers, Medasys est également déterminée à agir sur ses activités internes grâce à une politique environnementale qui suit quatre principes d'action majeurs : suivre notre consommation d'électricité, trier et valoriser nos déchets, réduire notre consommation papier et cartouche et favoriser les déplacements à faible impact environnemental. Medasys est certifiée ISO 14001 v2004 depuis le 21 décembre 2012.
News Article | February 21, 2017
TURIN, Italy--(BUSINESS WIRE)--As a specialist in the design and implementation of solutions based on new communication channels and digital media, Reply announces the release of Brick Reply, an innovative manufacturing operations platform (MOM) for Industry 4.0 to make production process flexible and connected. Brick Reply relies on a completely open service-based architecture capable of interfacing with both machinery and sensors and coordinating the production processes within the factory. The solution's single point of control, Brick Hub Connector, enables communication between traditional production processes – including production, planning and quality control – and today’s increasingly intelligent physical devices, such as sensors, machinery, robots and installations. Core functionalities include the real-time collection and monitoring of data and comprehensive analysis using big data and in-memory technologies. Brick Reply can be used in a number of ways, all with the aim of digitising business processes in the manufacturing field. Its flexibility and ease of implementation enable production managers to enjoy real freedom in configuring their manufacturing processes and specifying both work flows and the nature and quality of data collected in real time from production lines. As it is based on an open platform, Brick Reply can be incorporated both into traditional contexts and into situations where new technologies and devices are already in use, such as augmented reality (AR) and IoT. It can also be configured to fit lean manufacturing scenarios based either on “work islands” or on one or more production lines. Factory layouts can be easily modified and integrated with specific product structures, which are defined within the ERP management system or directly in Brick Reply. The Brick Reply platform can be utilised in a variety of operating modes, from a fully Software-as-a-Service or cloud-based model to delivery via dedicated client infrastructures (on-premises). The solution can also be deployed in mixed situations in which some services interacting with field devices reside on local infrastructures, while other services are completely cloud-based. In combination with emerging technologies such as machine learning and big data, the features offered by Brick Reply – which also comprise production planning, maintenance management and business intelligence – open the door to some highly interesting manufacturing scenarios. These include predictive data analysis for the purposes of preventative maintenance and advanced performance analysis, both of which can make a major impact on production and on business. Reply Reply [MTA, STAR: REY] specialises in the design and implementation of solutions based on digital media and new communication channels. Through its network of highly specialised companies, Reply partners with major European corporations in the telecoms and media, industry and services, banking and insurance, and public administration sectors, to devise and develop business models built on the new paradigms of big data, cloud computing, digital media and the Internet of Things. Reply’s services include: consulting, systems integration and digital services. www.reply.com
News Article | February 27, 2017
SEATTLE, Feb. 27, 2017 /PRNewswire/ -- CTI BioPharma Corp. (CTI BioPharma) (NASDAQ and MTA: CTIC) today announced the appointment of Adam Craig, M.D., Ph.D., as President and Chief Executive Officer (CEO) and member of the Board of Directors effective March 20, 2017. Dr. Craig succeeds...
News Article | February 23, 2017
SEATTLE, Feb. 23, 2017 /PRNewswire/ -- CTI BioPharma Corp. (CTI BioPharma) (NASDAQ and MTA: CTIC) today announced that management plans to report its fourth quarter and full year 2016 financial results on Thursday, March 2, 2017, after the close of the U.S. financial markets. Following the...
News Article | February 28, 2017
Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) announced today that it has published its 2016 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2016, with the United States Securities and Exchange Commission. FCA's 2016 Annual Report and annual report on Form 20-F are available under the Investor's tab on FCA's website at http://www.fcagroup.com, where they can be viewed and downloaded. Shareholders may request a hard copy of these materials, which include FCA's audited financial statements, free of charge, through the contact below.  The 2016 Annual Report, including information concerning The Netherlands as Home Member State, and the annual report on Form 20-F are available on the Company's website (www.fcagroup.com) at https://www.fcagroup.com/en-US/investor_relations/financial_results_regulatory_filings/financial_reports/Pages/2016.aspx and at https://www.fcagroup.com/en-US/investor_relations/financial_results_regulatory_filings/sec_filings/Pages/default.aspx
News Article | February 24, 2017
Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) announced today that its subsidiary FCA US LLC ("FCA US") has prepaid its Term Loan due May 24, 2017 in full. Principal and accrued interest of $1.8 billion (€1.7 billion) was prepaid with cash on hand as part of FCA's continued focus to reduce gross debt.
News Article | March 1, 2017
Ferrari N.V. (NYSE/MTA: RACE) announced today that its Board of Directors approved a cash distribution to the holders of common shares of Euro 0.635 per common share, corresponding to a total distribution of approximately Euro 120 million. The distribution will be made from the Company's share premium reserve and will be subject to the adoption of the Company's 2016 annual accounts by the Annual General Meeting of Shareholders1. The ex-date is expected to be April 24, 2017, the Italian record date April 25, 2017, the US record date April 26, 2017 and the payment date May 2, 20172. 1 The Annual General Meeting of Shareholders is scheduled to be held on April 14, 2017. 2 The coupon number of the distribution is 2 (two).