Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 106

Posts Tagged ‘reliance’

Radisys Announces New Closing Date for Acquisition by Reliance Industries

Posted by fidest press agency su martedì, 11 dicembre 2018

Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced that, at the request of Reliance Industries (RIL), Radisys and RIL have agreed to extend the closing date to a date no later than December 14, 2018 and the parties continue to work to close the transaction as promptly as practicable on or before that date. In connection therewith, RIL also acknowledged that Radisys has satisfied all conditions to RIL’s obligations to close the transaction.
Radisys (NASDAQ: RSYS), a global leader in open telecom solutions, enables service providers to drive disruption with new open architecture business models. Radisys’ innovative disaggregated and virtualized enabling technology solutions leverage open reference architectures and standards, combined with open software and hardware to power business transformation for the telecom industry, while its world-class services organization delivers systems integration expertise necessary to solve communications and content providers’ complex deployment challenges. For more information, visit http://www.Radisys.com.

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Increased reliance on natural gas risks an emissions lock-in

Posted by fidest press agency su domenica, 25 giugno 2017

clima nel mondo1The future of natural gas is limited, even as a bridging fuel. Continued investments into the sector create the risk of breaching the Paris Agreement’s long-term temperature goal and will result in stranded assets, the Climate Action Tracker (CAT) said today.As part of its decarbonisation series, the CAT today released an examination of gas in the power sector. The report, titled “Foot off the gas: increased reliance on natural gas in the power sector risks an emissions lock-in”, warns that natural gas will have to be phased out along with coal, if the world is to limit warming to 1.5˚C, as spelt out in the Paris Agreement long term temperature goal.The CAT foresees a dwindling role for natural gas in the power sector toward the middle of the century, not only to meet the Paris Agreement goals, but also due to increasing competition from renewables.This outlook challenges projections that forecast an increase in natural gas consumption. Although these projections have proven too bullish in the past, governments and companies are staking significant investments in natural gas infrastructure on them, ignoring the increasing role of low-carbon alternatives, and the need to reduce emissions to combat climate change.“Natural gas is often perceived as a ‘clean’ source of energy that complements variable renewable technologies. However, there are persistent issues with fugitive emissions during gas extraction and transport that show that gas is not as ‘clean’ as often thought,” said Bill Hare of Climate Analytics. “Natural gas will disappear from the power sector in a Paris Agreement-compatible world, where emissions need to be around zero by mid-century.” Although the emissions from gas plants can be reduced by up to 90% with Carbon Capture and Storage (CCS), this is not sufficient for full decarbonisation. Even if these capture rates could be increased, ultimately, the cost of gas with CCS is unlikely to be competitive with renewables and a flexible grid, the CAT said.“The idea of a continuing role for natural gas as a bridging technology is not consistent with the reality of advances in flexibility enabling technologies, such as grid expansion, supply and demand response, as well as storage,” said Yvonne Deng of Ecofys, a Navigant company. Many projections for the use of natural gas—including from the International Energy Agency, investors, and many governments—not only fail to consider the need for complete decarbonisation within three decades, but they also ignore the increasing role of low-carbon alternatives.“One example is China, where in 2016 the IEA projected renewables would rise to 7.2% of the power supply by 2020—but by the end of 2016 they had already reached 8%. Additionally, India and the Middle East are also seeing renewables rising much faster than mainstream projections,” said Niklas Höhne from NewClimate Institute. Despite these developments, massive investments into LNG pipelines and terminals continue, even as the utilisation rates of such infrastructure are decreasing. For example, utilisation rates in US natural gas infrastructure are at 54%, and are even lower in Europe at 25%. “This overinvestment in natural gas infrastructure is likely to lead to either emissions overshooting the Paris Agreement’s 1.5°C and 2°C goals—or a large number of stranded assets as the shift to cheaper renewables takes place, “ said Andrzej Ancygier of Climate Analytics.

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Campion Marine selects Ashland’s Envirez

Posted by fidest press agency su martedì, 12 gennaio 2010

Canada’s largest fiberglass boat builder, Campion Marine Inc., is bringing improved environmental performance to its customers by being the first boat builder in the world to manufacture all of its boats with Envirez® bio-derived resin from Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH).  Envirez resin is the first resin that uses a substantial amount of soybean oil and corn derived ethanol in its formulation. “Ashland’s bio-based resin delivers the performance characteristics we want for our boats and it reduces our reliance on petroleum-based counteparts,” said Brock Elliott, general manager, Campion Marine. “We are putting Envirez resin in all our boats. It is the right next step, and it is right for our world. Envirez resin’s performance delivers higher ratings for strength and elongation. Our vision is to build the best from the best and that makes Envirez resin a natural choice.”  Ashland selected Campion Marine to test Envirez resin in 2008 resulting in the world’s first bio-based resin boats being built. Data from those tests support Envirez resin’s use in high performance and recreational watercraft. Based on confirmed research, the move to Envirez resin by Campion will eliminate more than 100,000 pounds of C02 from entering the atmosphere. “We are pleased to be working with a great company like Campion to bring this technology to the boating public,” said Mike Wallenhorst, director of product management, Ashland Performance Materials. “Envirez is a fantastic product that offers outstanding toughness and is a big step towards a totally renewable resin. It’s exciting to realize that hundreds of boats made from Envirez resin will soon be navigating the world’s waterways thanks to Campion.”Campion Marine has been building high-performance sport boats and cruisers for 36 years. The company, at its facilities in Kelowna, Canada, builds the Allante line of sport boats and cruisers, the Explorer sport utility watercraft, Chase high-performance boats and the Svfara wake/surf tow boats. They manufacture more than 37 models and 48 variations of boats ranging from 16 to 30 feet in length and market and sell their boats in more than 30 countries.Ashland Performance Materials is the global leader in unsaturated polyester resins and vinyl ester resins.  In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, and metal casting consumables and design services. Ashland Inc. (NYSE: ASH) provides specialty chemical products, services and solutions for many of the world’s most essential industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Consumer Markets (Valvoline) and Ashland Distribution. To learn more about Ashland, visit http://www.ashland.com.

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