News Article | May 22, 2017
SCHLINS, Austria, May 22, 2017 /PRNewswire/ -- El exconsejero delegado de OMV, el doctor Wolfgang Ruttenstorfer, asume el cargo de presidente Hoy, Erne Fittings GmbH eligió al doctor Wolfgang Ruttenstorfer como miembro y presidente de la Junta supervisora. El expresidente...
News Article | May 16, 2017
DALLAS--(BUSINESS WIRE)--SKY PETROLEUM, INC. (OTCBB: SKPI) is an international energy business concentrating on exploration and production, trading and advisory services. Its management and board have extensive experience successfully working in North Africa, Europe, and the Far and Middle East. Sky Petroleum has been exploring opportunities in the Maghreb in the past 2 years and has a significant amount of geological, structural and seismic interpretation data. While the company has appeared dormant over the last few years, Sky Petroleum’s management has been aggressively seeking and securing important key alliances. For the past few years Sky Petroleum has been working with both private and public entity partners to develop new strategies and opportunities related to energy infrastructure projects. Additionally, Sky Petroleum has been seeking and developing partnerships and other potential strategic alliances needed to either rebuild or create new energy producing and management projects, including clean coal Energy production, wind and other alternative energy methods as well as oil and gas E&P. Sky Petroleum has project commitments and is entering into agreements for projects within Sub-Saharan and West Africa. We believe these projects have the potential to produce significant and consistent revenue for the company. With the changing dynamics and notable restructuring of the entire energy industry over the last ten years, Sky Petroleum believes that companies in this field must be highly opportunistic, operationally nimble and alliance friendly. Sky Petroleum's crude oil and products trading business is also a development focus and potentially offers significant growth for the company. Sky Petroleum is working with one of its partners to supply certain areas in continental Africa with advanced renewable energy technologies, currently focused on Clean Coal Power. Sky Petroleum's board of directors have been patient with the timing of growth and corporate developments. The growth strategy is further assisted by current market demands and development potential opportunities. The board believes that the strategy is on course with further work to enhance the portfolio of opportunities for growth, and is also reviewing its significant tax loss carry. As several new governments are eager to improve and create new energy assets, Sky Petroleum believes that, through its experience, leadership, and extensive relationships, it is well positioned to play a key role in these developments. Sky Petroleum, Inc. was founded in 2004 in Austin, Texas and has offices in Dallas, London, Dubai and Tunisia. Sky Petroleum is an oil and gas exploration and production company with interests in upstream trading activities globally. Sky Petroleum has been active in several areas of the world over the past decade, including offshore oil production on the coast of the Emirate of Sharjah in the Arabian Gulf (which ceased production in 2009). Sky Petroleum held concessions over three onshore oil exploration blocks in Albania, formerly owned by OMV (an Austrian oil company), these concessions were terminated by the Albanian Government in 2011. Sky Petroleum was also a shareholder of Concorde Oil & Gas, which held Russian oil fields located in Luzkoye and Chikshina in the Timan-Pechora basin, west of the Aural Mountains, until these assets were sold to Kuwait Energy Plc, a company that Sky Petroleum remains a shareholder. Look for future announcements for SKY PETROLEUM, INC. (SKPI:OTC) Except for historical information, the matters set forth herein, which are forward-looking statements, including the focus of Sky Petroleum’s business and its ability to implement its business strategy, statements related to seeking and securing important key alliances, securing private and public entity partners to develop new strategies and opportunities related to energy infrastructure projects, developing strategic alliances needed to either rebuild or create new energy producing and management projects, its expectation that it will develop as a leading partner for several large projects, its ability to enter into agreements for projects within Sub-Saharan and West Africa and India and other statements contained in this press release. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, government regulation, enforceability of contractual rights, the competitive environment within the oil and gas industry, the extent and cost effectiveness with which Sky Petroleum is able to implement exploration and development programs in the oil and gas industry, obtaining drilling equipment on a timely fashion, commodity price risk, and the market acceptance and successful technical and economic implementation of Sky Petroleum's intended plan. Additional discussion of these and other risk factors affecting the company's business and prospects that may be contained in the company's periodic filings with the SEC.
News Article | May 29, 2017
VIENNA, 29-May-2017 — /EuropaWire/ — Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has decided to build a dedicated automotive polypropylene (PP) compounding plant in Taylorsville, Alexander County, North Carolina. This decision demonstrates the continuing commitment of Borealis to the global automotive industry. Together with Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company (ADNOC), we are increasingly well positioned to serve our automotive customers on a global basis. North Carolina has been selected for its strategic location and proximity to the company’s customer base, as well as for the business-friendly and supporting environment of the State and the County. The new facility will help to secure the position of Borealis as a local supplier to automotive OEMs and their Tier partners in North America and serves to strengthen our leading position in Europe, Brazil and China. With this investment, Borealis will step up its capacity, capabilities and support infrastructure, ensuring that its customers in North America receive the same high level of service as in the other regions. “We are very excited to be expanding our automotive business in North America and look forward to working more closely with our customers in the region to deliver our global material innovations locally,” says Ken Wiecoreck, President of Borealis Compounds Inc. The North Carolina plant is scheduled to become commercially operational in early 2019 and will initially produce PP compounds in the Daplen™ family of PP thermoplastic olefins (TPO) and in the Fibremod™ range of PP short glass fibre (SGF) reinforced materials. The plant will complement the existing Borealis Automotive Compounding assets located in New Jersey, as well as the current production via tolling partners. “We are aware that North America is a competitive market with established suppliers, however, we are convinced that our cutting-edge material solutions will continue to help our customers create value through innovation and enable us to grow with them on a global basis,” adds Nicholas Kolesch, Head of Automotive Marketing at Borealis. Borealis and Borouge have established a broad global portfolio of high-end PP TPO and SGF materials capable of solving the automotive industry’s most pressing challenges. Some of the latest innovations include new generation materials for part light-weighting through reduced filler content, chemical and mechanical foaming or metal and engineering plastic replacement. Furthermore, the companies have recently introduced advanced products for improved surface aesthetics and paintability, pushing the boundaries for the quality perception of polypropylene applications. At the same time, Borealis and Borouge’s material innovations continue to deliver increasingly better mechanical properties and robustness in material processing, helping customers to achieve outstanding part performance and production efficiencies. For further information please contact: Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With its head office in Vienna, Austria, the company currently has around 6,600 employees and operates in over 120 countries. Borealis generated EUR 7.2 billion in sales revenue and a net profit of EUR 1,107 million in 2016. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, with the remaining 36% belonging to Austria-based OMV, an integrated, international oil and gas company. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC). Building on its proprietary Borstar® and Borlink™ technologies and more than 50 years of experience in polyolefins, Borealis and Borouge support key industries with a wide range of applications in the areas of energy, automotive, pipes, consumer products, healthcare, and advanced packaging. The Borouge 3 plant expansion made Borouge the world’s largest integrated polyolefins complex. Now fully ramped up, the additional 2.5 million tonnes of polyolefins capacity yield a total Borouge capacity of 4.5 million tonnes, and a combined Borealis and Borouge capacity of 8 million tonnes. Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene, propylene, butadiene and pygas, servicing a wide range of industries. Borealis also creates real value for the agricultural industry, selling approximately 5 million tonnes of fertilizers. Technical nitrogen and melamine products complement the portfolio with applications ranging from mono-nitrogen oxide (NOx) abatement to glues and laminates in the wood working industry. Borealis and Borouge aim to proactively benefit society by taking on real societal challenges and offering real solutions. Both companies are committed to the principles of Responsible Care®, an initiative to improve safety performance within the chemical industry, and work to solve the world’s water and sanitation challenges through product innovation and their Water for the World™ programme.
News Article | May 10, 2017
— Latest market study on “Intelligent Pipeline Pigging Market to 2025 - Global Analysis and Forecasts by Applications, Technology, Types, and End-Users”, the report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments. Browse market data tables and in-depth TOC of the Intelligent Pipeline Pigging Market to 2025 @ http://www.theinsightpartners.com/reports/intelligent-pipeline-pigging-market Pipeline pigging is a technique to inspect the pipeline ducts to ensure clean and complete operability of any pipeline in various sectors such as construction, industrial plants such as chemical, oil & gas, water treatment etc. "PIGS" are the devices which are inserted into the pipeline and travel throughout to record the blockage, affected parts of the pipeline. There are mainly two types of Pigs such as 'utility pigs' which are used to clean and separating the batch and in-line inspection, second type of pigs are 'ILI Tools', which are also known as intelligent pigs and are used to collect information such as condition of the pipeline and intensity of the problem and location. The report aims to provide an overview of Global Intelligent Pipeline Pigging Market along with detailed segmentation of market by application, type, technology, end-user, and five major geographical regions. Ease of inspection techniques and growing pipeline infrastructures will upsurge the market for intelligent/smart pipeline pigging market. The objectives of Intelligent Pipeline Pigging Market report are as follows: • To provide overview of the global Intelligent Pipeline Pigging market • To analyze and forecast the global Intelligent Pipeline Pigging market on the basis of application, type, technology, and end-user • To provide market size and forecast till 2025 for overall Intelligent Pipeline Pigging market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend • To provide exhaustive PEST analysis for all five regions • To profiles key Intelligent Pipeline Pigging players influencing the market along with their SWOT analysis and market strategies Inquire about discount on this report @ http://www.theinsightpartners.com/discount/TIPTE100000336 Segmentations Covered in the Intelligent Pipeline Pigging Market • Applications: Hydrostatic Testing, Cleaning, Coating, Inspection, Others • Technology: Ultrasonic Pigging (UT), Magnetic Flux Leakage (MFL), Others • Types: Utility Pigs, In Line Inspection Tool, Gel Pigs, Others • Industry Vertical: Chemical, Oil and Gas, Construction, Others • Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM) Some of the leading players in Intelligent Pipeline Pigging Market Report • Aubin Group • Pigtek Ltd. • Unisert Multiwall Systems Inc. • Pigs Unlimited International Inc. • Jamison Products L.P • Enduro Pipeline Services, Inc. • T.D. Williamson, Inc • NDT Global Corporate Limited • Baker Hughes Incorporated • OMV Aktiengesellchaft. Why Buy Intelligent Pipeline Pigging Market Report? • Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products • The key findings and recommendations highlight crucial progressive industry trends in the Intelligent Pipeline Pigging market, thereby allowing players across the value chain to develop effective long term strategies • Get reliable information about the strategies manufacturers in this market use to drive revenue • Gain insights into the competitive landscape, to strengthen market competitiveness and positioning • Highlights key business priorities in order to assist companies to realign their business strategies • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the those hindering it • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution • Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. For more information, please visit http://www.theinsightpartners.com/
News Article | February 23, 2017
Sarasota, FL, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Signaling Devices (Audible & Visual) Market by Product (Strobe Beacons, Lighting, Bells and Horns, Fire Alarms/Call Points, Speakers and Tone Generators, Visual and Audible Combination Units, Video Surveillance Systems, and Intercoms), by Connectivity Service (Wired and Wireless) for Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining and Other Application: Global Industry Perspective, Comprehensive and Forecast, 2016 – 2022”. According to the report, global signaling devices market was valued at approximately USD 1.55 billion in 2016 is expected to reach USD 2.01 billion in 2022 and is anticipated to grow at a CAGR of around 4.42% between 2017 and 2022. The signaling device is a comprehensive range of signaling products designed for use in areas where the prevalence of harsh environmental conditions and where there is a risk of explosion due to the presence of flammable atmospheres. Signaling devices can be in the form of the audio or visual type depending on the signaling devices. Bell, buzzer, device, foghorn, whistle are some signaling devices used in day to day life. Browse through 42 Market Tables and 42 Figures spread through 110 Pages and in-depth TOC on “Global Signaling Devices Market: By Product, Services, Application, Type, Size, Share, Analysis, Segment and Forecast 2016 – 2022”. Strobe beacons, lighting, bells and horns, fire alarms/call points, speakers and tone generators, visual and audible combination units, video surveillance systems, and intercoms are product segments of the global signaling devices market. Among these products, strobe beacons segment has dominated the signaling devices market in 2016 due to the increasing demand of ambulance and automotive industry. Strobe beacons also used in hospitals, hotels to give the signal in both audio and visual form. The wireless connectivity segment is projected to dominate the global signaling devices market. It accounted for the majority share of the entire revenue generated in 2016 and also expected to grow substantially in near future. Browse the full "Signaling Devices (Audible & Visual) Market by Product (Strobe Beacons, Lighting, Bells and Horns, Fire Alarms/Call Points, Speakers and Tone Generators, Visual and Audible Combination Units, Video Surveillance Systems, and Intercoms), by Connectivity Service (Wired and Wireless) for Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining and Other Application: Global Industry Perspective, Comprehensive and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/signaling-devices-market Based on applications, oil and gas dominated the global signaling devices market. It accounted for the highest share of the total market in 2016 and expected to grow at highest CAGR in coming years. Due to the increasing applications of signaling devices in the exploration and extraction of shale gas and oil, this application segment is anticipated to maintain its foremost position till 2022. Signaling devices helps to increase the safety measures of any industry and reduces the probability of accidents. Growing manufacturing industry globally and technological advancement in every sector is expected to exhibit significant growth in the years to come. Furthermore, initiatives taken by the government and rapidly growing urbanization in developing countries are expected to show strong growth in the near future. Other applications like chemical and pharmaceutical, food and beverages, energy and power are also expected to witness significant growth over the forecast period. Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/signaling-devices-market North America contributed largest share global signaling devices market in 2016. The usage of signaling devices has been increasing since last few years and is expected to grow more in the years to come owing to increasing security concern in developed as well as developing countries. Growing medical incidences in the region increase the demand for ambulance service which simultaneously increases the signaling devices market. The technological development and its adoption rate are highest in North America due to which this region is expected to dominate the signaling devices market in the forecast period. By revenue, Europe was the second largest regional market for signaling devices in 2016. Europe will closely follow the North America in coming years. Europe is the world's second major producer of petroleum products. It has an oil refining capacity of 16% of the world total. DONG Energy, Petrol AD, OMV, Petrol Group is some of the leading oil exploration and production companies in Europe. This creates the huge demand for signaling devices in oil and gas sector in Europe. Asia Pacific is expected to be the fastest growing regional segment for the signaling devices market within the forecast period due to the rapid rate of industrialization and growing infrastructural support. Growing manufacturing industry in China and India is likely to trigger the demand for signaling devices within the forecast period. Latin America and the Middle East & Africa are also predicted to show significant growth within the forecast period. In addition, energy and power generation plants in the Middle East and Africa are growing account of rising urbanization. Some of the key players in the global signaling devices market include Siemens AG, Honeywell International, Inc., ABB Ltd., Rockwell Automation, Inc., Eaton Corporation PLC (Cooper Industries), Emerson Electric Co., Patlite Corporation, R. Stahl AG, E2S Warning Signals, NHP Electrical Engineering Products Pty Ltd., Federal Signal Corporation and Tomar Electronics, Inc. For more inquiry contact our sales team @ firstname.lastname@example.org This report segments the global signaling devices market as follows: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
News Article | November 28, 2016
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES SolidusGold Inc. (the "Company") (TSX VENTURE: SDC) is providing an update on the acquisition by the Company of the Northumberland Project in Nevada for US$20 million from Newmont USA Limited (the "Northumberland Acquisition") and certain of its affiliates ("Newmont") and the concurrent private placement of subscription receipts (the "Financing"), as previously announced on September 15, 2016. While the Financing has received robust interest from both retail and institutional investors, both the price of gold and prevailing equity market conditions have deteriorated substantially since the announcement of the Northumberland Acquisition. As a result, the Company has not obtained the necessary support to complete the Financing and does not expect to be in a position to complete the Northumberland Acquisition within the 75 day period provided for in the purchase agreement. The Company is in advanced discussions with Newmont to extend the outside date of the Northumberland Acquisition. However, there can be no assurance that such an agreement will be reached. The Company continues to explore financing alternatives including discussions with a potential strategic financial partner. The Company is also pleased to announce that Sorin Posescu has been appointed Chief Executive Officer as well as to the Board of Directors of the Company. Rick Van Nieuwenhuyse, who was appointed to the Chief Executive Officer position on an interim basis, will continue as Chairman of the Board. Mr. Posescu is a professional geologist with more than 20 years of experience in natural resources exploration and development. Mr. Posescu has worked for major to junior resource companies throughout Europe, USA and Canada, including NovaGold, OMV-Petrom and Brixton Metals. Rick Van Nieuwenhuyse, Chairman, commented: "Working towards an extension is critical as it will allow for both financing and strategic alternative efforts to continue. Sorin Posescu has been instrumental as a consultant to the Company in the identification and negotiation of the Northumberland Acquisition, and I look forward to working alongside Sorin in his new capacity as CEO." For more information, please email email@example.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (together, "forward-looking statements"). All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Northumberland Acquisition, including a potential extension of the outside date for completion of the Northumberland Acquisition, the Financing and other future plans and objectives of the Company are forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events may vary from those anticipated in such statements. Important risk factors that could cause actual results to differ materially from the Company's plans or expectations include failure to obtain an extension of the outside date for completion of the Northumberland Acquisition, failure to TSX Venture Exchange acceptance of the Northumberland Acquisition and the Financing (together, the "Transaction"), failure to remove conditions to completion of the Transaction, failure to raise sufficient funds on the proposed terms or at all and the other risks disclosed in this news release. The forward-looking statements in this news release were developed based on the assumptions and expectations of management, including that TSX Venture Exchange acceptance for the Transaction will be obtained, conditions will be satisfied, required fundraising will be completed, the other assumptions disclosed in this news release and that the risks described above will not materialize. There can be no assurance that the Transaction will complete. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction, including the United States. The securities referenced in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, a "U.S. person," as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration requirements is available.
News Article | February 15, 2017
TORONTO, ONTARIO--(Marketwired - Feb. 8, 2017) - Blue Sky Energy Inc. ("Blue Sky" or the "Company") (TSX VENTURE:BSI) is pleased to announce the appointment of Mr. Shane O'Leary and Mr. Richard Wadsworth as advisors to the Company. Mr. O'Leary is an executive with over 35 years of diverse technical and commercial experience in the oil and gas industry in North America, South America, Middle East, Africa and Caspian. Most recently Shane was the Chief Operating Officer of Gran Tierra Energy - a publically listed exploration and production company focused in South America with operations in Colombia, Peru, Brazil and Argentina. Previously Mr. O'Leary was President and CEO of First Calgary Petroleums Ltd. (FCP) leading a large gas development in Algeria until the sale of the company to the Italian major ENI in September 2008. Prior to FCP, Mr. O'Leary served as VP and Business Unit Leader, Brazil for Encana Corporation. His additional experience includes 17 years internationally for BP/Amoco, oil and gas finance with the Bank of Montreal and engineering positions with Schlumberger International. Mr. Wadsworth is a Professional Engineer with more than 25 years of successful international oil and gas experience. From 2010 he lead Sonoro Energy Ltd. into Iraq with a bitumen exploration license agreement in Salah ad Din and more recently acquired Stockbridge Oil and Gas Ltd with its asset in Indonesia. In 2001 he led the Premier Oil Plc joint venture with Albpetrol, OMV and IFC called Anglo Albanian Petroleum ("AAP") and commenced the initial re-development of the Patos Marinza Oilfield in Albania. In 2004, Premier Oil and the joint venture AAP exited and Mr. Wadsworth then co-founded Saxon Petroleum (which became Bankers Petroleum Ltd.) to negotiate a new contract with the Albanian government. There he was a Director, President and Chief Operating Office responsible for the development of the Patos Marinza and acquisition of the Kucove oilfield. During his leadership Bankers grew reserves to over 150 million barrels and production exceeding 6,000 bopd. The Company also announces that it has granted a total of 1,105,000 options to various directors, officers, consultants and employees under the stock option plan of the Company. The options are exercisable at prices ranging from $0.80, $1.00 and $1.50 per option and shall expire on February 7, 2022. The options shall vest over a period of two years, all subject to the four month regulatory hold period. The grant of options remains subject to regulatory approval. Blue Sky Energy Inc. is an independent oil exploration company. This news release contains forward-looking information relating to the Company's growth and corporate strategy, the appointment of advisors, the grant of options and other statements that are not historical facts. Forward-looking information relates to management's future outlook and anticipated events or results, and may include statements or information regarding the appointment and resignation of directors and the future plans or prospects of the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward‐looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward looking-information is subject to certain factors, including risks and uncertainties that could cause actual results to differ materially from what is currently expected. These factors include risks and uncertainties associated with oil and gas exploration, development, exploitation, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, reliance on key personnel, regulatory risks and delays and other risks and uncertainties discussed in the management discussion and analysis section of the Company's interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward‐looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
News Article | September 27, 2016
« Daimler, Linde and OMV inaugurate new hydrogen station | Main | EEA: large-scale roll-out of EVs will help EU shift to green transport, but may challenge power grid » A new report from the International Council on Clean Transportation (ICCT) identifies significant potential to reduce aviation emissions through emerging fuel efficiency technologies. The study summarizes the results of the first independent, bottom-up cost assessment of near- (2024) and mid-term (2034) technologies to improve new aircraft fuel efficiency. Carried out in cooperation with a panel of top technical experts and consultants using NASA and DoD-approved models to evaluate aviation technology programs, the study concludes that the rate of fuel efficiency improvement for new aircraft can be more than doubled through 2034, from about 1% today to 2.2% annually, by the adoption of cost effective technologies to improve engine efficiency, reduce aerodynamic drag, and trim aircraft empty weight. The more than 45 discrete technologies examined were grouped into technology packages, ensuring that mutually exclusive technologies were not deployed on the same aircraft. Each package was modeled into the baseline aircraft and “flown” to assess its improved performance. The fuel consumption of new aircraft can be reduced by approximately 25% in 2024 and 40% in 2034 compared with today’s aircraft by deploying emerging cost-effective technologies. These improvements dwarf the fuel efficiency of new “project” aircraft designs (mostly re-engined aircraft) being brought to market by manufacturers today. The fuel savings of the 2024 cost-effective improvements are roughly double those seen for new aircraft designs being brought to market by manufacturers today in response to market forces alone, which are projected to burn between 9% and 13% less fuel than today’s aircraft with similar seating configurations. Airlines could reduce their fuel spending over the 2025 to 2050 time frame by 19% compared with the baseline case by adopting cost-effective technologies. If passed along to the consumer, these savings could lower ticket prices by up to $20 for short-haul flights and $105 for long-haul flights. Additional efficiency gains are possible but will require government support through policies like efficiency standards, carbon pricing, and research support for technology development. Lower fuel prices have the potential to slow the deployment of fuel-efficient technologies in new aircraft, with more pronounced effects in the mid-term as the universe of potential technologies expands. The substantial gap between the improvements identified in this study and the products being brought to market for delivery highlights the need for public policies to promote aircraft fuel efficiency, including robust performance standards for new aircraft; economic incentives to provide market pull for new technologies by promoting fleet turnover; and research support to defray the costs of maturing new technologies.
News Article | September 27, 2016
« Volkswagen Group & Audi accelerate fuel cell technology solutions program with Ballard | Main | New ICCT study identifies significant potential to reduce aviation fuel consumption by up to 40% by 2034 » Hydrogen-powered vehicles can now refill their tanks at the OMV service station in Metzingen. The opening of the new filling station continues the longstanding cooperation between the industry partners Daimler, Linde and OMV Deutschland as part of the Clean Energy Partnership (CEP), and marks another step towards a nationwide hydrogen infrastructure in Germany. The new hydrogen station is located at Auchtertstraße 19 in Metzingen. The official inauguration was attended by the representatives of the companies involved, as well as by Norbert Barthle, Parliamentary State Secretary at the Federal Ministry of Transport and Digital Infrastructure, and Ministerial Director Helmfried Meinel of the Baden-Württemberg Ministry for the Environment, Climate and Energy. Clean mobility, rapid refueling and long ranges are the advantages offered by fuel cell-based electric mobility. To help get the vehicles on the streets now, the Federal Ministry of Transport is sponsoring the establishment of 50 hydrogen filling stations across Germany with about 28 million euros. The Metzingen site is one of these stations, and will improve hydrogen supply in the Stuttgart metropolitan region. The focus of the infrastructure build-up is especially on the supply of metropolitan regions. The existing service stations already cover the Berlin, Hamburg, Rhine/Ruhr, Stuttgart and Munich metropolitan areas. The process of connecting them has already begun, and the network will be continuously expanded. Within the National Innovation Program for Hydrogen and Fuel Cell Technology (NIP), Daimler and Linde are contributing with a total investment volume of around €20 million. The construction of the first public hydrogen filling station in Baden-Württemberg at Stuttgart airport in 2009 was also a cooperation between OMV, Daimler and Linde. The federal state now has eight such refueling sites. Daimler said that the technology of such locally emission-free fuel cell vehicles offers two major advantages compared to battery-powered vehicles: long ranges and short refueling times. The infrastructure build-up is timed to coincide with the planned market ramp-up of fuel cell vehicles from various manufacturers. The technology is an integral part of Daimler’s drive system strategy. Vehicles like the B-Class F-CELL and the Citaro FuelCELL-Hybrid urban bus have covered altogether more than twelve million kilometers to date. From 2017, a new generation of vehicles based on the Mercedes-Benz GLC will be launched: for the first time, a lithium-ion battery plug-in will be used in a fuel cell-powered electric vehicle as an additional source of energy. (Earlier post.)
News Article | March 1, 2017
Par ailleurs, Daimler a déployé 40 véhicules à hydrogène de sa classe B dans le cadre du programme H2ME en Allemagne. Grâce au système de réservoir à haute pression de 700 bars, la voiture a une autonomie étendue d’environ 400 kilomètres et peut être ravitaillée en moins de trois minutes. Le moteur électrique du véhicule développe une puissance de 100 kW et, avec un couple de 290 Nm, la voiture permet une mobilité locale non polluante avec de bonnes performances. Ces véhicules dynamisent le marché de l’automobile avec une nouvelle génération de véhicules économes en carburant et à zéro émission. Pour CETUP, une entreprise de logistique et de livraison, la Renault Kangoo ZE-H2 équipée par Symbio est un ajout bienvenu dans son parc automobile. Elle réduit globalement la dépendance en carburant et les émissions, tout en offrant une conduite douce et la puissance nécessaire pour faire que l’activité de l’entreprise continue à aller de l’avant. Symbio remarque que dans les marchés spécialisés où les émissions zéro et le fonctionnement quotidien des opérations doit être assuré, les clients de la Kangoo ZE-H2 ont plus d’opportunités de business que leur concurrent. Pour effectuer la livraison du dernier kilomètre dans les villes qui interdisent les transports polluants, l’hydrogène offre des caractéristiques uniques par rapport aux véhicules utilitaires fonctionnant seulement sur batterie. En guise d’illustration, en septembre dernier, la Kangoo ZE-H2 de CETUP équipée par Symbio a battu un record d’autonomie en couvrant 367 km d’une traite avec une batterie entièrement chargée et un réservoir plein d’hydrogène. Dans les années à venir, le projet H2ME déploiera une nouvelle génération de véhicules électriques à pile à hydrogène à autonomie étendue des partenaires, comprenant : chez Symbio, la génération suivante de camionnettes FC RE-EV (véhicules électriques-hydrogène à autonomie étendue) et les camions électriques-hydrogène à autonomie étendue ; la deuxième génération de véhicules à pile à hydrogène de Honda ; et la nouvelle génération de Mercedes-Benz GLC à pile à hydrogène de Daimler, qui comprend la source d’énergie supplémentaire d’une grosse batterie lithium-ion et sera équipée pour la première fois de prise de chargement extérieur par branchement. Au total, plus de 1 400 véhicules électriques à pile à hydrogène seront déployés dans le cadre du projet H2ME au Royaume-Uni, en France, en Allemagne, aux Pays-Bas et en Scandinavie. L’objectif est d’augmenter le nombre de véhicules électriques-hydrogène roulant en Europe en s’appuyant sur les réseaux étendus de stations d’approvisionnement en d’hydrogène créés par le H2ME et d’autres initiatives à travers toute l’UE. « Symbio est fier de faire partie de la dynamique de l’hydrogène en Europe et de contribuer à une économie sobre en carbone en facilitant le déploiement de véhicules entièrement électriques et entièrement non polluants», a déclaré Pierre-Yves Le-Berre, VP de Symbio. « Les véhicules électriques-hydrogène de Symbio sont capables de réduire la pollution atmosphérique en milieu urbain. Notre ambition est d’équiper tous les centres de distribution urbaine avec nos véhicules afin de garantir l’absence d’émissions nocives, ainsi que de répondre aux nouvelles tendances du marché et à la règlementation. Par exemple, si un centre de livraison utilise une Kangoo ZE-H2, pour un trajet de 200 km par jour à Paris, il éliminerait les émissions de carbone de 20 véhicules de particuliers. » « Les véhicules tels que ceux de catégorie B à pile à combustible et les autobus urbains Citaro hybrides à pile à combustible ont couvert au total plus de 12 millions de kilomètres à ce jour, démontrant la préparation pour le marché de ce type de propulsion, » a déclaré M. Georg Frank, Directeur principal de l’ingénierie avancée et de l’infrastructure H2 de la pile à combustible chez Daimler AG. « Maintenant, nous continuons fortement à poursuivre notre objectif de faire apparaître des véhicules électriques à combustible de nouvelle génération, basés sur le GLC de Mercedes-Benz sur le marché. Mais la grande percée de la mobilité électrique à pile à combustible dépend davantage que du simple facteur « voiture » : c’est finalement la combinaison d’une offre de produit séduisant, d’infrastructure, de services et surtout, de l’appui du public. Les derniers obstacles, nous devrons les surmonter avec un travail en équipe à travers les industries et les frontières – H2ME en est un très bon exemple. Les partenaires comprennent le dirigeant de projet Element Energy, aux côtés de AGA, Air Liquide Advanced Business, Air Liquide Advanced Technologies, AREVA H2GEN, Audi, BOC, BMW, Cenex, la Ville de Copenhague (Kobenhavns Kommune), la Communauté d'Agglomération de Sarreguemines Confluence, la Communauté Urbaine Du Grand Nancy, CNR, Daimler AG, Danish Hydrogen Fuel, EIFER, Falkenberg Energi, GNVERT, H2 Logic, H2 Mobility Deutschland, Honda, Hydrogène de France, HYOP, hySOLUTIONS, Icelandic New Energy Ltd , The University of Manchester, WaterstofNet, Linde AG, McPhy Energy, Michelin, le Ministère des infrastructures et l’environnement des Pays-Bas (Ministerie Van Infrastructuur en Milieu), Nissan, OMV, OPEN ENERGI, Renault, les Camions Renault, SEMITAN, Stedin, STEP, Symbio FCell, le Partenariat danois pour l’hydrogène et les piles à combustible (Partnerskab pour brint de braensdels cave), ITM Power, Islenska Vetnisfelagid (H2, Islande). Fuel Cells and Hydrogen Joint Undertaking (L’Entreprise Commune de Piles à Combustible et Hydrogène - FCH JU) est un partenariat public-privé unique soutenant la recherche, le développement technologique et les activités de démonstration dans les technologies d’énergie des piles à combustible et de l’hydrogène en Europe. Son objectif est d’accélérer la mise sur le marché de ces technologies, réaliser leur potentiel comme un instrument pour parvenir à un système d’énergie sans émission de carbone. Ce projet a reçu un financement de Fuel Cells and Hydrogen Joint Undertaking selon l’accord d’octroi Nº 671438 and No 700350. Cette entreprise commune reçoit le soutien du programme de recherche et d’innovation de l’Union Européenne Horizon 2020, Hydrogène Europe, et le Nouveau Groupe de Recherches Européennes sur les Piles à Combustible et l’Hydrogène (“N.ERGHY”).