Atlantic Petroleum P/F | March 10, 2022
P/F Atlantic Petroleum announces that the Betri Group has reduced the holdings to below 5% capital.
Today March 9, 2022, Betri Banki P/F has sold a total of 26,004 shares in Atlantic Petroleum P/F. Thereby reducing the Betri Group holdings of shares in Atlantic Petroleum to 180.626 shares corresponding to 4.88%.
Atlantic Petroleum in brief
Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company has subsidiaries and offices in the UK and Ireland. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.
Ceresana | March 29, 2021
Future mobility will depend on innovative joining technology. Even today, a new car contains around 18 kg of adhesives - from heat-dissipating protective layers for battery cells to lightweight chassis and crash-proof windows. Where screws, rivets, or welds were used in the past, the automotive industry is now increasingly using adhesives. Ceresana has now examined the European market for adhesives for the fourth time: In 2019, a total of around 3.51 million tonnes were utilized. The market researchers expect sales generated with adhesives across Europe to grow by 0.5 % per year until 2027.
Combining Established and Innovative Materials
This latest study by Ceresana not only examines the growing use of adhesives in the automotive industry, where aluminum and fiber-reinforced plastics have to be joined with steel in a strain-free manner. An astonishing amount of paper is still needed in spite of digitalization and an increasing number of plastics: The most significant sales market for adhesives in 2019 was the segment paper and packaging with around 29% of total European usage. The construction industry came in second by a slight margin. Other major application areas for adhesives are wood processing, shoes and leather, as well as other consumer goods.
Plastics with Special Properties
Vinyl adhesives, which offer a particularly broad range of applications, constituted the most important product type in 2019. Adhesives based on polyvinyl acetate (PVAC) are also among the most important grades. Polyvinyl acetate is additionally used to produce polyvinyl alcohol (PVA), which is likewise used as an adhesive, e.g. for porous materials such as paper, cardboard, wood, cork, or leather. The primary consumers of vinyl adhesives are the paper, packaging, wood products, and construction industries, which use mainly water-based products and hotmelt adhesives.
Looking for Alternatives to Solvents
Physically setting adhesives in particular contain between 30 and 60 percent (by weight) of organic solvents, which evaporate from glued surfaces and from open tubes or bottles. Aromatic hydrocarbons are considered to be not only a fire hazard but also a health risk: Their vapors, such as those of xylene or toluene, can be addictive and are suspected of being carcinogenic and mutagenic. Alternatives that are less harmful to health and the environment are therefore increasingly sought after. In Europe, water-based adhesives already accounted for over 50% of total consumption in 2019. However, if an adhesive contains only water as a solvent, then preservatives must be added to it, which can in turn be problematic for people suffering from allergies. This study by Ceresana provides a breakdown of the adhesives market by technologies: water-based adhesives, hotmelt adhesives, solvent-based adhesives, reactive adhesives, and other products.
The Study in Brief:
Chapter 1 provides an overview and analysis of the European market for adhesives - including forecasts up to 2027: the development of sales, demand per application, trade, and production is presented for each country. The 8 largest countries are additionally analyzed with regard to adhesive technologies (water-based adhesives, hotmelt adhesives, solvent-based adhesives, reactive adhesives, other technologies) and adhesive types.
Chapter 2 analyzes the various applications of adhesives in depth: Data and influential factors on their use in the segments paper and packaging, construction, wood processing, transportation, shoes and leather, consumer goods, and other applications. Additionally the chapter looks at the demand for individual adhesive types: vinyl, acrylic, polyurethane (PUR), elastomers, epoxy, and other adhesives.
Chapter 3 presents a useful manufacturer's directory with the 82 most important adhesive producers, clearly arranged according to contact information, sales, profit, product range, production sites, profile summary, and specific information on adhesives.
Further information: www.ceresana.com/en/market-studies/industry/adhesives-europe/
As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods with a focus on transportation / mobility. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 200 market studies provide more than 10,000 customers around the world with the knowledge base for their sustainable success.
Find more information about Ceresana at www.ceresana.com
Press contact: Martin Ebner, email@example.com
CN Energy Group. Inc. | January 25, 2022
CN Energy Group. Inc. announced a strategic cooperation between its subsidiary CN Energy Industrial Development Co., Ltd. and Xujin Environmental Protection Carbon Industry Co., Ltd. The two companies will cooperate in sharing technology, resources and expertise for their mutual benefits, as they create an integrated and optimized activated carbon sales business focused on revenue and profit growth opportunities in the hazardous waste and solid waste disposal businesses.
CN Energy Group. Inc. is a manufacturer and supplier of high-quality wood-based activated carbon and biomass electricity. The Company also provides activated carbon-related technical services used by food and beverage producers, industrial manufacturers, pharmaceutical manufacturers, and environmental protection enterprises.
Founded in 2016, Xujin Environmental Protection has been focused on growing its business in the hazardous waste treatment industry. The company has established expertise in the regeneration of saturated activated carbon and the sales of recycled activated carbon.
"We continue to focus on accelerating our revenue growth and profitability as we execute on our core business and invest in new areas. We have been developing multi-year expansion opportunities as we have grown our footprint to include numerous new industries, including providing waste treatment solutions for pharmaceutical manufacturers, food services companies and environmental protection enterprises, among others."
Mr. Kangbin Zheng, Chairman and CEO of CN Energy Group, Inc
"Through our latest cooperation, CN Energy Group will formally enter the saturated activated carbon recycling market. We believe our latest strategic cooperation with Xujin Environmental Protection will add another new stream of revenue to our business while providing much needed solutions to the hazardous waste treatment industry. We plan to work closely together through our strategic cooperation with Xujin to leverage our complementary advantages and provide customers with more comprehensive and convenient services using a fully integrated business model across the activated carbon industry. We expect to mutually benefit as strategic partners and also expect our customers to benefit from our technology sharing and innovation. We anticipate that this partnership will help us further expand our market share and create greater value for our shareholders."
About CN Energy Group. Inc.
CN Energy Group. Inc. is a manufacturer and supplier of high-quality wood-based activated carbon and biomass electricity. The Company also provides activated carbon-related technical services used by food and beverage producers, industrial manufacturers, pharmaceutical manufacturers, and environmental protection enterprises. The Company's current facility is located in Tahe County, Heilongjiang Province, near the Greater Khingan Range, in close proximity to its suppliers.
Chevron | February 11, 2022
PDI a global provider of leading software solutions for the convenience retail and petroleum wholesale industries, today announced it has signed an agreement with Chevron Singapore Pte. Ltd. (Chevron) to implement cloud-based PDI Point-of-Sale (POS) Solutions. The agreement provides support to multiple countries in the Asia-Pacific (APAC) region and across the Chevron retail network, integrating with existing PDI back-office and home-office business solutions that simplify complex operations across all profit centers. PDI POS Solutions support convenience, fuel retail, and foodservice operations for Chevron with seamless integration across the company’s extensive retailer ecosystem.
In November 2020, PDI announced it would implement the next generation of PDI Envoy back-office and home-office software solutions at corporate-owned Chevron sites across APAC. Today’s announcement enables Chevron to continue leveraging the global team of PDI experts to support the ongoing digital transformation efforts in the region. In particular, Chevron will rely on the powerful, intuitive, and reliable PDI technology stack to create a foundation for future advanced technology investments.
“We’re excited to expand our longstanding relationship with Chevron in APAC. It’s a privilege to serve and enable customers like Chevron so they can benefit from PDI technology investments in the convenience petroleum industry. This announcement legitimizes the significant investments PDI is making in the industry, international markets, and our solution portfolio.”
Brad McGuinness, Senior Vice President, POS Solutions at PDI
PDI leads the market in delivering solutions that provide essential building blocks for digital transformation, both to expand and future-proof operations. Leading retailers, like Chevron, continue to invest in technology that optimizes business operations and helps improve the guest experience with innovative POS solutions.
”To enhance our customer experience and increase enterprise productivity, we are refreshing our POS solutions,” said Dean Gilbert, General Manager, Marketing and Sales Support, Chevron, APAC. “PDI is a dedicated and trusted partner with a proven track record of supporting us in the region. Deep industry expertise from PDI contributes to Chevron success within the Asia-Pacific region and we’re excited to extend this to POS.”
With PDI POS Solutions, Chevron can increase customer-centricity with robust promotions and operations that also deliver better oversight of the business, including real-time updates on inventory, sales, pricing, and staffing.
Sin Hin Wong, PDI General Manager and Vice President of Sales APAC, said, “Chevron is focused on enhancing the customer experience, and a modern, integrated POS solution helps them achieve that goal while increasing enterprise productivity. We look forward to working with Chevron across the various parts of their retail operations in Asia and throughout the Pacific region.”
Professional Datasolutions, Inc. (PDI) software helps businesses and brands increase sales, operate more efficiently and securely, and improve critical decision-making. Since 1983, PDI has proudly served the convenience retail and petroleum wholesale industries. Over 1,500 companies, representing more than 200,000 locations worldwide, count on PDI solutions and expertise to deliver convenience and energy to the world.
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines.