White Cap | September 03, 2021
White Cap Supply Holdings, LLC has closed on the agreement to acquire Tri-Supply & Equipment. Based in New Castle, Del. with two other locations in Salisbury, Md. and Dover, Del., Tri-Supply & Equipment will join White Cap in the Northeast Region in serving its local customers with exceptional customer service.
"We are excited about the ability to leverage our combined branch footprint to better serve our customers in the mid-Atlantic area. There are no other White Cap branches in Delaware, and we are proud to combine our national product offerings with the local, unique rental and construction supply strength of Tri-Supply & Equipment," said John Stegeman, Chief Executive Officer of White Cap.
The combined teams of talented associates from Tri-Supply & Equipment and White Cap in the Northeast Region will be able to offer even stronger service capabilities, depth of inventory and breadth of products for local customers.This acquisition is the second for White Cap since becoming an independent company in October 2020 and the first in the United States.
About White Cap
White Cap Supply Holdings, LLC. ("White Cap") serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, residential and infrastructure end markets. White Cap includes Brafasco, Brock White and NCA in Canada and multiple brands that fall under Construction Supply Group. White Cap operates nearly 400 branches across the U.S. and Canada with approximately 7,000 employees and offers nearly 450,000 SKUs to approximately 150,000 customers.
About Tri-Supply & Equipment
Tri-Supply & Equipment was founded in 1998 to provide a single source for recognized, quality brands of materials, equipment, and service in the construction industry. Servicing the Mid-Atlantic region, Tri-Supply & Equipment is dedicated to fulfilling all material and equipment job site demands. Tri-Supply & Equipment has steadily become a leading supplier of the excavating, concrete, and masonry contractors, representing only the best manufacturers and suppliers.
ULTIMAKER | July 21, 2021
Braskem, the Americas' largest polyolefins producer and the world's leading producer of biopolymers, announced that their carbon fiber reinforced polypropylene filament for 3D printing and additive manufacturing is now available in the Ultimaker Marketplace.
Braskem Polypropylene 3D Printing Filament Reinforced with Carbon Fiber - Main Characteristics:
• 100% recycled carbon fiber content
• High stiffness and strength - 6 times stronger than standard PP filaments
• Optimized for high printing.
• Low density / light weight
• Chemical resistance is exceptional.
• Shrinkage and warpage are minimal.
• Highly water-resistant - does not absorb moisture and does not need drying.
Carbon fiber reinforced polypropylene filament spools from Braskem are intended for industrial and personal 3D printing applications, making them an excellent option for rapid prototyping, custom product design, lightweight, optimizing geometries, and designing spare parts. Carbon fiber reinforced polypropylene filaments from Braskem are offered in 1.75 mm and 2.85 mm diameters to accommodate a wide range of 3D printer applications.
Braskem is dedicated to achieving a carbon-neutral circular economy. Braskem committed in 2018 to reuse, recycle, or recover 100% of its plastic packaging by 2040. Braskem also announced new commitments to mitigate climate change, reduce plastic waste, and offer solutions for recycled products in its markets as part of its evolving sustainable growth plan. This product is made from 100% recycled carbon fiber provided by Vartega and optimized for use with Braskem's polypropylene, in line with Braskem's commitments. In addition, every package of Braskem's carbon fiber reinforced polypropylene filament sold will contain instructions for recycling used carbon fiber filament through this initiative.
Ultimaker, established in 2011, is on a mission to accelerate the world's transition to flexible, empowering, and sustainable solutions. 380 employees work together globally to provide a platform that allows customers to take full use of the unique Ultimaker Ecosystem, which offers the industry's largest selection of 3D printing products and services. Ultimaker offers simple integration of hardware, software, and materials.
Braskem is dedicated to contributing to the value chain for strengthening the Circular Economy, with a global vision of the future focused on people and sustainability. Every day, the petrochemical company's almost 8,000 team members work to enhance people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a diverse portfolio of plastic resins and chemical products for various industries, including food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene. Braskem exports its products to clients in over 100 countries, with 41 industrial units in Brazil, the United States, Mexico, and Germany, with net revenue of R$58.5 billion (US$11.4 billion).
BKV Corporation | June 10, 2022
BKV Corporation and EnLink Midstream, LLC announced that they have reached a Phase I Final Investment Decision and entered into a definitive agreement to develop a carbon capture and sequestration project in the Barnett Shale region of North Texas.
"It is critical that companies in the industry work together to bring actionable change and move large-scale carbon reduction projects forward. This partnership brings us one step closer to the safe and profitable production of net-zero green natural gas."
BKV Chief Executive Officer Chris Kalnin
Carbon sequestration is the process of capturing and permanently storing carbon dioxide, which reduces the amount of pollutive carbon dioxide in the atmosphere. Under their agreement, BKV will continue to produce natural gas containing carbon dioxide from its Barnett Shale area operations, and EnLink will transport this natural gas via its modified pipeline and facility infrastructure to the EnLink natural gas processing plant in Bridgeport, Texas. At the Bridgeport plant, the carbon dioxide waste stream will be captured, compressed, and then disposed of through permanent sequestration via BKV's nearby injection well.
"EnLink values our partnership with BKV, and we are eager to build upon it through this sustainable CCS project," EnLink Chairman and CEO Barry E. Davis said. "The project will capture and store a significant amount of carbon dioxide emissions per year, which moves EnLink a step closer to achieving our goal of a 30 percent reduction in CO2-equivalent emissions intensity by 2030 over EnLink's 2020 scope 1 emissions intensity."
As part of its sustainability efforts, BKV recently formed dCarbon Ventures, a dedicated business unit focused on driving CCS innovations and project development. Vice President of dCarbon Ventures, Lauren Read, said, "CCS is such an important component of driving climate solutions, and I'm really excited to have a project at the Phase I FID point. We plan to be injecting carbon dioxide by the end of 2023, at which point it is expected to be one of the first permanent commercial sequestration projects to come online in the United States." Read said that this initiative is anticipated to offset BKV's current emissions by approximately 10 percent, bringing the company even closer to its goal of reaching net-zero by 2025.
Read continued, "We are doing this the BKV way—which means taking action to address our own emissions rather than achieving our goal through the purchase of offsets alone. Carbon sequestration is a fundamental element in our sustainability plans, and we expect dCarbon Ventures to be an area of significant growth for BKV."
"This investment reinforces our commitment to leading the way in the production of net-zero green natural gas," Kalnin said. "We look forward to being a pioneer in CCS and working with EnLink, and other like-minded companies, who are ready to address climate change head-on."
About BKV Corporation
Headquartered in Denver, Colorado, BKV Corporation (BKV) is a privately held natural gas exploration and production company that seeks to deliver reliable, sustainable energy to the community. Founded in 2015, BKV has over 200 employees across the U.S. that are committed to building a different kind of energy company. BKV is one of the top 20 natural gas producers in the United States and the largest natural gas producer in the Barnett Shale. BKV Corporation is the parent company for the BKV family of companies.
About EnLink Midstream
EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink's best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, and NGL capabilities, and carbon capture, transportation, and sequestration services. Our purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink's strong financial foundation and commitment to execution excellence drive competitive returns and value for our employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC.