Mississauga, Canada

Tenova Goodfellow Inc.

www.tenovagroup.com/
Mississauga, Canada
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Patent
Tenova Goodfellow Inc. | Date: 2015-08-14

An off-gas analyzer for analyzing H_(2)O vapor, CO, O_(2), CO_(2 )and/or H_(2 )in a furnace gas stream is fluidically coupled to a gas extraction probe. The analyzer includes an optical measurement cell having multiple sampling chambers, optically coupled to a laser. The analyzer measuring cell is housed within a heated cabinet having a heater operable to heat the interior thereof so as to maintain the extracted gas sample therein at a temperature about the condensation point of water. The analyzer allows for the analysis of the gas water vapour of wet off-gas samples.


Patent
Tenova Goodfellow Inc. | Date: 2017-06-21

An off-gas analyzer for analyzing H2O vapor, CO, O2, CO2 and/or H2 in a furnace gas stream is fluidically coupled to a gas extraction probe. The analyzer includes an optical measurement cell having multiple sampling chambers, optically coupled to a laser. The analyzer measuring cell is housed within a heated cabinet having a heater operable to heat the interior thereof so as to maintain the extracted gas sample therein at a temperature about the condensation point of water. The analyzer allows for the analysis of the gas water vapour of wet off-gas samples.


Zuliani D.J.,Tenova Goodfellow Inc.
Optics InfoBase Conference Papers | Year: 2017

Extractive or Insitu Lasers are traditionally employed to analyze process off-gas. Neither method offers a complete solution in harsh industrial situations. A new hybrid method has been developed combining the best features of extractive & lasers to provide multipoint analysis of hot, dirty gases. © 2017 OSA.


Zrelec D.,Tenova Goodfellow Inc.
AISTech - Iron and Steel Technology Conference Proceedings | Year: 2013

Improvements to the typical combustion gap dilution and the overall EAF 4th hole hot gas mixing process results in improved performance and a more efficient fume & heat control system, all the way to the baghouse. Improved furnace draft, reduced requirements for the combustion chamber size, cooling water capacity, dilution from canopy and the overall baghouse capacity are major benefits dictating modification of the typical combustion gap. An up to date result summary from the ongoing project at AMLC are shown below. Unfortunately, at the time of the writing of this paper, the pilot installation at the AMLC was still in progress, delayed due to the budget cuts, with the startup and commissioning schedule in July 2013.


Zuliani D.J.,Tenova Goodfellow Inc.
AISTech - Iron and Steel Technology Conference Proceedings | Year: 2013

BF/BOF steelmakers are faced with rapidly fluctuating ore/scrap prices, record low natural gas prices, aging facilities and tightening environmental regulations. Remaining viable increasingly requires flexible technologies that can take advantage of arising raw materials and energy opportunities while avoiding potential technology pitfalls. This paper describes results from Tenova's highly flexible BF/BOF technologies capable of producing steel from a diverse raw materials & energy mix with high energy efficiency, productivity & yield and reduced emissions.


Trademark
Tenova Goodfellow Inc. | Date: 2016-03-24

control systems for industrial furnaces comprising electric control panels, electrical controllers for regulating furnace operating conditions and computer software for use in regulating and controlling industrial furnace operation; furnace sensors and probes; optical sensors; gas sensors and probes; gas analyzers; computer software for controlling industrial equipment and furnaces.


Patent
Tenova Goodfellow Inc. | Date: 2014-03-03

A system for measuring water and/or gaseous phase content of high temperature process gases includes a probe for gas sample extraction and cooling temperatures below those which probe filter or gas analyzer components degrade. A heated gas extraction tube provided within the probe interior operates to maintain the thermal stability of the cooled gas sample to preserve chemical integrity.


DELSON, QUEBEC--(Marketwired - Nov. 24, 2016) - Goodfellow Inc. (TSX:GDL) ("Goodfellow" or the "Corporation") announces today that it has completed the review of its accounts undertaken in connection with the discovery of certain discrepancies which led to the announcement on October 13, 2016 of the delay in the filing of its interim financial report, interim management discussion and analysis and interim certificates for the quarter ended August 31, 2016 (the "Third Quarter Financial Information"). The review was conducted under the direction of the audit committee and the board of directors who also retained the services of its auditors, KPMG LLP, to perform selected procedures over the results of the nine month period ended August 31, 2016, including inventory and cost of sales testing. Pursuant to the review, issues with the recording of inventory value and its impact on the cost of goods sold were confirmed and additional steps were taken to verify the integrity of the new integrated financial information system (the "ERP System") and the accuracy of its results. Further to this review, the Corporation concluded that a material weakness existed in the design of the Corporation's internal control over financial reporting in the area of inventory controls, principally due to the implementation of the new ERP system on December 1, 2015. This material weakness was caused primarily by the absence of certain preventive and detective controls over inventory management. Management has undertaken an extensive and thorough review of the transactions processed in the new ERP software with the objective of resolving all design deficiencies and implementing compensating controls to mitigate the risk of a material misstatement. The Corporation is in the process of implementing a plan for the remediation of this design weakness. The Corporation has retained the services of Deloitte LLP to assist it in the design and implementation of such remediation plan. In the short term, the number of inventory counts increased to a level at which the Corporation can be confident of the statistical validity of the results of those counts. Restatement of Financial Statements for the Second Quarter The foregoing control deficiency resulted in the Corporation determining that its interim financial statements for the second quarter ended May 31, 2016 must be restated. More specifically, a number of corrections need to be made which are expected to reduce net income for the second quarter from $3.4 million to approximately $2.4 million after tax, or 28 cents per share. Results for the Third Quarter Further to completion of its review, the Corporation is now in a position to finalize its Third Quarter Financial Information. Third quarter sales expected to be reported continued to be favorable at approximately $159 million, an increase of 4.9% compared to the same period last year. The Corporation has also identified a significant deterioration of the business conditions for two of its large product lines. This has significantly impacted the overall margin in the third quarter. The combined effect of reduced margin with higher costs incurred for the implementation of the ERP System is expected to result in the reporting of a net loss for the quarter of approximately $2.7 million after tax, or 32 cents per share, which would represent a loss of approximately $1.2 million after tax, or 14 cents per share for the nine-month period ended August 31, 2016. Goodfellow expects to publish its Third Quarter Financial Information and revised interim financial report, interim management discussion and analysis and interim certificates for the second quarter ended May 31, 2016 (the "Second Quarter Financial Information") on November 29, 2016 after markets close. As a result of such restatement, historical Second Quarter Financial Information should not be relied upon. The management cease trade order resulting from the delayed publication of the Corporation's third quarter results remains in effect. The Corporation plans to apply for the lifting of the management cease trade order following the filing of its Third Quarter Financial Information and the restated Second Quarter Financial Information. There is no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines, and there is no actual or anticipated default subsequent to the default announced in its press release of October 13, 2016 as updated by the contents of this press release. There is no other material information concerning the affairs of the Corporation that has not been generally disclosed. Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products. Goodfellow shares trade on the Toronto Stock Exchange under the symbol GDL. For more details, please go to www.goodfellowinc.com This document contains implicit and/or explicit forward looking statements and information, including expectations with respect to the reporting of Third Quarter Financial Information, the restatement of Second Quarter Financial Information, the confidence in the restated and upcoming financial results, the implementation of a plan for the remediation of the design weakness in the area of inventory controls, and plans to have the management cease trade order lifted. These forward looking statements are based on various expectations, assessments and assumptions, including: the nature and magnitude of design deficiencies; the effectiveness of measures taken in the interim to provide confidence in the validity of inventory counts and the restated and upcoming financial results; the appropriateness of the compensating controls over inventory management to mitigate the risk of a material misstatement to be implemented under the remediation plan; and the ability of the Corporation to have the management cease trade order lifted. Although the Corporation believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations and assumptions will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things: the possibility that the design deficiencies and impact thereof identified in the Corporation's review is significantly different than assessed and anticipated; the potential ineffectiveness of the compensating controls over inventory management proposed to be implemented under the remediation plan; and other factors described in the Corporation's public filings available in Canada at www.sedar.com.


DELSON, QUEBEC--(Marketwired - Nov. 9, 2016) - Goodfellow Inc. (TSX:GDL) ("Goodfellow" or the "Corporation") is providing today a status report regarding its third quarter financial information following its announcement on October 13, 2016 by way of press release that the filing of its interim financial report, interim management discussion and analysis and interim certificates for the quarter ended August 31, 2016 would be delayed. There is no material change regarding the information contained in the Corporation's press release of October 13. The Corporation continues to work diligently to solve the discrepancies stemming from the implementation at the beginning of the current fiscal year of the Corporation's new integrated financial information system in order to ensure the integrity of its financial results. There is no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines, and there is no actual or anticipated default subsequent to the default announced in its press release of October 13. There is no other material information concerning the affairs of the Corporation that has not been generally disclosed. Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products. Goodfellow shares trade on the Toronto Stock Exchange under the symbol GDL. For more details, please go to www.goodfellowinc.com.


DELSON, QUEBEC--(Marketwired - Oct. 27, 2016) - Goodfellow Inc. (TSX:GDL) ("Goodfellow" or the "Corporation") is providing today a status report regarding its third quarter financial information following its announcement on October 13, 2016 by way of press release that the filing of its interim financial report, interim management discussion and analysis and interim certificates for the quarter ended August 31, 2016 would be delayed. There is no material change regarding the information contained in the Corporation's press release of October 13. The Corporation continues to work diligently to solve the discrepancies stemming from the implementation at the beginning of the current fiscal year of the Corporation's new integrated financial information system in order to ensure the integrity of its financial results. There is no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines, and there is no actual or anticipated default subsequent to the default announced in its press release of October 13. There is no other material information concerning the affairs of the Corporation that has not been generally disclosed. Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products. Goodfellow shares trade on the Toronto Stock Exchange under the symbol GDL. For more details, please go to www.goodfellowinc.com

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