Month: May 2025

CONSHOHOCKEN, Pa., May 14, 2025 /PRNewswire/ — The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.485 per share, payable on July 31, 2025, to shareholders of record at the close of business on July 17, 2025.

About Quaker Houghton

Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world’s most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

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SOURCE Quaker Houghton

Mayor Harrell announces a combined $1 million investment by the City, The Asian American Foundation (TAAF), and Amazon to improve blocks, businesses, and lives in the heart of the historic district.

C-ID Ambassadors Program marks launch of “TAAF Cities” initiative to catalyze cross-sector collaboration to support Seattle’s AAPI communities; Amazon joins as a founding partner.

SEATTLE, May 14, 2025 /PRNewswire/ — In a shared effort to support safety, economic revitalization, and community well-being in some of Seattle’s most historic and culturally rich neighborhoods, Seattle Mayor Bruce Harrell, The Asian American Foundation (TAAF), Amazon, and the Chinatown-International District Business Improvement Area (CIDBIA) today announced the Chinatown-International District (C-ID) Ambassadors Program, which will launch on June 1, 2025.

Rooted in community care and cultural competency—and modeled after other successful ambassador programs such as the Downtown Seattle Association MID Ambassadors, Ballard Alliance Ambassadors, and the city’s Downtown Activation Team—the C-ID Ambassadors Program will train neighborhood ambassadors to serve Japantown, Chinatown, and Little Saigon. These teams will work on the ground, block by block, to assist small businesses, welcome visitors, and foster safer, more vibrant neighborhoods.

The program is made possible by a $1 million combined investment over two years from the City of Seattle and TAAF, and represents a growing commitment to deeper, place-based collaboration between public institutions, philanthropy, and community organizations.

This announcement also marks the launch of TAAF’s new “TAAF Cities” initiative to spur historic public and private investment to strengthen cities with large Asian American and Pacific Islander (AAPI) populations. Amazon is a founding partner of the initiative. “TAAF Cities” will bring together local community, government, business, and nonprofit leaders to develop innovative, community-rooted solutions that promote economic opportunity, safety, and cultural pride. Seattle, a major cultural and economic hub with some of the nation’s oldest and most vibrant AAPI communities, was chosen to kickstart the effort.

As part of “TAAF Cities,” several partners are stepping up to further bolster the futures of the historic C-ID:

• Amazon has committed $250,000 to Friends of Little Sài Gòn to support economic development and public safety programs in the area. Amazon employees will also participate in community clean-ups across the district. In addition, Amazon has made a $250,000 commitment to bring the C-ID Night Market back to the district for three years.
• As part of National Small Business month, the City of Seattle and TAAF are also supporting AMPLIFY: Chinatown-International District, an initiative led by Intentionalist, an online platform that encourages and incentivizes people to spend intentionally in support of brick-and-mortar small businesses. The AMPLIFY: Chinatown-International District campaign is engaging a cross-sector coalition of partners to promote and support local businesses in Chinatown, Japantown, and Little Saigon throughout AAPI Heritage Month and beyond. Members of the public are encouraged to come to the C-ID on May 17 and use the free AMPLIFY: Chinatown-International District small business pass to explore and enjoy special promotional offers at 35 local businesses.

Together, these investments reflect a growing movement of coordinated action in Seattle—led not by any single entity, but by a shared commitment to preserving the cultural heritage, economic vitality, and community spirit of the C-ID.

“This program represents exactly the kind of public-private partnership we need to uplift and renew Seattle’s historic neighborhoods,” said Seattle Mayor Harrell. “With dedicated ambassadors on the ground, we are investing in safety, belonging, and visibility for one of our city’s most culturally significant communities. It’s about ensuring everyone in Chinatown, Japantown, and Little Saigon—business owners, workers, residents, elders, and visitors—feels seen, supported, and safe.”

“I am thrilled about this coordinated initiative to support economic revitalization throughout Seattle’s cherished Chinatown-International District,” said Seattle City Councilmember Mark Solomon (District 2). “The C-ID is a one-of-a-kind cultural hub, rich with tradition and deeply rooted in Seattle history. Its economic vitality is something that needs to be prioritized, supported, and showcased as a reflection of the City’s ongoing commitment to its business community and its diverse neighborhoods.”

“The Chinatown-International District is not just a neighborhood—it is a cornerstone of Asian American history and culture in Seattle,” said Norman Chen, CEO of The Asian American Foundation. “TAAF is proud to partner with the City of Seattle, CIDBIA, Intentionalist, and local leaders such as the Chinese Information and Service Center (CISC) to invest in and build solutions that are community-led and people-centered. By funding this ambassador program and launching our TAAF Cities initiative, we are helping ensure the C-ID’s renewal is rooted in care, dignity, and long-term resilience. This program is made possible by the generous support of our partners like Amazon, who alongside TAAF will be making a series of co-investments in Seattle’s Chinatown-International District to advance safety, belonging, and prosperity.”

“Thanks to the incredible partnership between TAAF and the City of Seattle, we are showing what it means to truly invest in the C-ID,” said Tuyen Than, Executive Director of CIDBIA. “This program goes beyond traditional approaches to community safety. It’s about creating a visible presence that makes our streets feel more connected and cared for. We’re proud to lead an effort that reflects the values of this neighborhood and responds to the daily needs of our community. Together, we’re strengthening the C-ID—one block, one business, one life at a time.”

“The Chinatown-International District is a vital part of Seattle’s cultural and economic fabric and Amazon is proud to support the C-ID Ambassadors Program as part of our contributions to the revitalization of this important neighborhood,” said David Zapolsky, Chief Global Affairs and Legal Officer at Amazon. “Our investments in Friends of Little Sài Gòn and to revive the C-ID Night Market reinforce our commitment to fostering economic development, public safety, and cultural celebration.”

“AMPLIFY: Chinatown-International District harnesses the power of collective action to elevate the people and stories behind the small businesses at the heart of Chinatown, Japantown, and Little Saigon,” said Laura Clise, Founder and CEO of Intentionalist. “C-ID small businesses are places where generations of families celebrate special occasions and people connect over a delicious meal to experience a diversity of cuisines and cultures. By intentionally supporting C-ID small businesses today, we’re investing in a more vibrant, connected, and resilient community for years to come.”

“Public safety isn’t just about enforcement—it’s about showing up,” said Yenvy Pham, James Beard Nominee and owner of Hello Em and Pho Bac. “Sometimes a simple, respectful interaction can shift behavior and set the tone for our shared spaces. Safety Ambassadors help create that culture of everyday accountability, and as a small business, we see the difference it makes.”

“The Chinatown-International District is an incredibly important economic and cultural hub and a key neighborhood for our Downtown Activation Plan,” said Markham McIntyre, Director of the Seattle Office of Economic Development. “By bringing together public institutions, local organizations, and philanthropies, we’re investing in safety, economic growth, and preserving this neighborhood’s rich heritage. I’m excited to see the proactive, welcoming approach this Ambassadors program will add to the C-ID.”

ADVANCING SAFETY THROUGH THE C-ID AMBASSADORS PROGRAM

In the wake of the rise in anti-Asian hate during the pandemic, safety remains top of mind for many Seattleites. According to a 2024 TAAF survey of 1,000 AAPI adults residing in the Seattle metropolitan area, almost 2 in 5 (38%) respondents were a victim of an anti-Asian incident in the previous 12 months, and nearly 3 out of 4 reported changes in their day-to-day behavior out of fear of being a target or victim of anti-Asian hate. In addition, 54% of respondents said that “public safety” was either a “major problem” or “somewhat of a problem” that needs to be addressed.

To promote safety and belonging, the CIDBIA will train teams of culturally competent ambassadors to improve the day-to-day experiences of all people residing, visiting, and working in the C-ID. Modeled after successful programs in other cities and neighborhoods, trained ambassadors will:

• Walk and watch over neighborhood blocks to ensure they are safer, cleaner, and cared for—while also providing a visible, welcoming presence by providing directions, assisting visitors, and reporting issues;
• Assist the C-ID’s small businesses by deterring disruptive behavior, responding to quality-of-life concerns, and helping business owners and entrepreneurs access city services and support networks; and
• Offer de-escalation and engagement services to individuals, responding with empathy and professionalism when residents or businesses encounter individuals in crisis. Rather than leaving businesses and residents to navigate these situations alone, ambassadors will act as trained “community-first” responders to help restore peace and dignity to public life in the C-ID.

About the City of Seattle:
The City of Seattle is committed to building One Seattle—a city where everyone belongs and has the opportunity to thrive. The City is working to create a more equitable, connected, and resilient Seattle by addressing long standing disparities in housing, access to opportunity, and neighborhood investment. The city provides holistic supports in the C-ID including increased cleanings and outreach through the Downtown Activation Team, funding for public safety and community capacity building staff, improved lighting, direct small business support, and partnership that advance long term economic and community development efforts such as the C-ID Vision Group and Friends of Little Saigon’s Pho Dep initiative.

About The Asian American Foundation (TAAF):
TAAF serves the Asian American, Native Hawaiian and Pacific Islander (AANHPI) community by promoting safety, fostering belonging, and advancing prosperity. Launched in 2021 in response to the rise in anti-Asian hate and to address the long-standing underinvestment in AANHPI communities, we invest in initiatives to combat anti-Asian hate, integrate AANHPI studies into school curricula, elevate authentic AANHPI storytelling, and expand resources and representation for our communities. Through our high-impact initiatives, events, and investments in national and local nonprofits, we’re creating a permanent and irrevocable sense of belonging for millions of AANHPIs in the United States. For additional information about TAAF, please visit www.taaf.org or follow @TAAForg on Instagram, LinkedIn, X or Facebook.

About the Chinatown-International District Business Improvement Area (CIDBIA):
The Chinatown-International District Business Improvement Area (CIDBIA) is a nonprofit organization dedicated to improving the economic vitality, cleanliness, and safety of Seattle’s historic C-ID neighborhood.

About Intentionalist:
At Intentionalist, we believe that where we spend our money matters. Our online platform and guide connect consumers to local businesses and the diverse people behind them. Through our directory, guides, and events, we make it easier to #SpendLikeItMatters and support small businesses owned by women, people of color, veterans, families, members of the LGBTQ community, and people with disabilities. We build more vibrant, inclusive communities by helping consumers be more intentional about where they eat, drink, and shop. Intentionalist is a social enterprise based in Seattle, WA. To support local businesses in your community, visit intentionalist.com.

Media contact: press@taaf.org

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SOURCE The Asian American Foundation

“Exploring the Future of Clean Energy: Hydrogen and Ammonia’s Role in Revolutionizing Industries from Transportation to Steel, Supporting Decarbonization, and Enhancing Energy Security”

BOSTON, May 14, 2025 /PRNewswire/ — BCC Research is excited to announce the release of its “2024 Hydrogen and Ammonia Research Review,” which highlights the transformative potential of these commodities in the clean energy era. This comprehensive review provides market professionals with critical insights and quantitative data to make informed business decisions.

Key Highlights:

• Green Hydrogen: Global Markets:
  – The green hydrogen market is projected to grow from $5.2 billion in 2024 to $38.1 billion by the end of 2029.
  – Compound annual growth rate (CAGR): 48.7%.

• Hydrogen Fuel Cell: Global Markets:
  – The hydrogen fuel cell market is projected to grow from $5.1 billion in 2024 to $11.0 billion by the end of 2029.
  – CAGR: 16.5%.

• Hydrogen Storage: Materials, Technologies and Global Markets:
  – The hydrogen storage market is projected to grow from $5.3 billion in 2023 to $7.7 billion by the end of 2028.
  – CAGR: 7.6%.

Research Coverage and Insights

Hydrogen and ammonia are set to transform clean energy, impacting industries from transportation to steel. Green hydrogen, produced using solar and wind power, offers a sustainable fuel alternative that emits only water and heat. These advances are crucial for decarbonization, supporting global efforts to reduce greenhouse gas (GHG) emissions and encouraging energy security and sustainable production across many sectors.

Key Points:

1. Green Steel Production: The transportation industry, which uses around 20% of steel, can benefit from green steel produced with green hydrogen, presenting lucrative growth avenues for steel manufacturers.
2. Sustainable Production: Green hydrogen is attracting many industries to invest and expand their sustainable production capabilities.
3. Reduction of GHG Emissions: Green hydrogen aligns with global efforts to reduce GHG emissions and combat climate change.
4. Energy Security: It encourages energy security by offering solutions for energy diversification and domestic production opportunities, as it can be produced with renewable energy sources.
5. Renewable Energy and Electrolyzer Capabilities: The future of green hydrogen depends on significant cost reductions in renewable energy sources and installations of large capacity electrolyzers.
6. Global Leadership: China is leading in developing electrolyzer and fuel cell technology, while MEA and Latin American countries have significant potential for renewable energy generation.
7. International Synergies: Collaborative efforts among countries are essential for the widespread adoption of green hydrogen.

Research Summary

The 2024 Research Review of hydrogen and ammonia provides a sampling of the type of the quantitative market data, analysis, and guidance that BCC Research has provided since 1971. This research review includes highlights and excerpts from the following reports published by BCC Research in 2024:

• ENV060B Green Hydrogen: Global Markets
• EGY186B Hydrogen Fuel Cell: Global Markets
• EGY146C Hydrogen Storage: Materials, Technologies and Global Markets
• FCB059B Global Market for PEM Electrolyzer
• ENV068A Global Blue Ammonia Market

After you have accessed this Research Review and benefiting from its insight, we encourage you to explore the full portfolio of market research reports for a deeper understanding of each topic. BCC Research remains your trusted partner in market intelligence, and we are committed to supporting your future decisions and increasing your insights.

Navigate Uncertainty with Confidence

In times of rapid change and uncertainty, having the right insights can make all the difference. At BCC Research, we’re here to support innovation and help you stay ahead. Our custom research reports provide a comprehensive, 360-degree view of your market landscape—providing you with the clarity you need to make informed decisions. We believe that timely, expert market intelligence should be accessible to all. That’s why, for a limited time, we’re offering 30% off the price of any BCC Research report to help more organizations gain access to our latest data and insights.

For further information on any of the reports or to make a purchase, please contact info@bccresearch.com.    

About BCC Research

BCC Research market research reports provide objective, unbiased measurement, and assessment of market opportunities. Our experienced industry analysts’ goal is to help you make informed business decisions free of noise and hype.

Contact Us
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Email: info@bccresearch.com,
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For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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SOURCE BCC Research LLC

WASHINGTON, May 14, 2025 /PRNewswire/ — The 2025 Savoy Women of Influence Conference concluded with unprecedented success, bringing together over 600 powerhouse executives and professionals at the Gaylord National Harbor. The three-day summit, supported by Amazon, Truist, Exelon, Audi of America, and West Pharmaceutical, delivered on its promise to “Reimagine What’s Possible” through transformative sessions that participants called “career-defining.”

At a time when leadership conversations are evolving rapidly, the conference provided a refreshing and authentic space where influential women could connect meaningfully and speak candidly about the opportunities and challenges they face.

“What we witnessed over these three days wasn’t just a conference – it was a movement,” said L.P. Green II, CEO & Publisher of Savoy Magazine. “These leaders aren’t just talking about change; they’re architecting the future. The conversations happening here will reshape boardrooms, influence policy, and inspire the next generation of talent.”

The star-studded speaker lineup included Uncle Nearest Premium Whiskey founder Fawn Weaver, who unpacked her $1.1 billion whiskey success story; NYSE Chair Sharon Bowen delivering a masterclass on intentional leadership; and WNBA legend Candace Parker sharing honest insights on transitioning from elite athlete to business executive.

Evening celebrations honored trailblazers who’ve redefined excellence, with Pinnacle Awards presented to construction icon Deryl McKissack, food industry leader Cara J. Hughes, and automotive pioneer Jenelle Ross. The prestigious Laureate Awards recognized Candace Parker, entrepreneur Felita Harris, and NYSE Chair Sharon Bowen for their groundbreaking achievements.

Beyond keynotes, attendees dove into specialized tracks covering everything from board leadership and C-suite strategy to entrepreneurship and wealth creation, all curated specifically for high-achieving women.

This success follows Savoy’s expanding influence in creating premier networking opportunities for executives. The Savoy Golf Invitational returns for its third year this August, continuing to unite leaders in a more relaxed but equally impactful setting. Details will be available soon at savoy.golf.

Spring 2025 Issue Features Automotive Leader Jenell Ross

The Spring 2025 edition of Savoy Magazine features conference Pinnacle Award honoree Jenell Ross, President of Bob Ross Auto Group, on its cover. This landmark issue showcases excellence across industries through profiles of distinguished leaders, from Salesforce’s Robin Washington to legendary athletes like Candace Parker. The magazine includes exclusive coverage of transformative initiatives including Pharrell Williams’ Black Ambition, alongside groundbreaking corporate appointments at Citi, Marriott International, and Morgan Stanley.

The Spring 2025 issue is available now at savoynetwork.com.

About Savoy
Savoy is a national publication celebrating the power, substance, and style of African American lifestyle. From entertainment to sports, business to politics, design to style, Savoy drives meaningful conversation about excellence and culture. Published quarterly and distributed globally through subscriptions and newsstands.

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SOURCE Savoy Media Group

The National Christian Foundation releases first of its kind data on Christian Millennials

ALPHARETTA, Ga., May 14, 2025 /PRNewswire/ — The National Christian Foundation (NCF), released a first of its kind report this month on next generation giving ahead of what has been dubbed the “Great Wealth Transfer” of $124 trillion in coming years. The Next Gen Stewardship study covers Christian Millennials’ perception of wealth, stewardship, and their faith. The study also examines the phenomenal surge of Millennial wealth quadrupling in just five years (2019-2024).

“The greatest transfer of wealth in history is happening now,” said Kendra VanderMeulen, CEO of National Christian Foundation. “The next generation of stewards is embracing generosity like never before, getting personally engaged in it, putting not just their money where their hearts are, but also giving time, influence, and skills. It’s critical that we’re prepared for this historic wealth shift, not only with tools and solutions, but with Christ-centered wisdom and innovative strategies. As a mother and grandmother, I’ve seen firsthand how biblical generosity can make relationships, lives, and communities better, as we come to an understanding of God’s ownership of everything.”

Key research findings

• These next-generation “stewards” — someone who has either created, inherited, or been entrusted with wealth — believe similarly to the current generation of stewards (those 45 years or older) that their wealth belongs to God, but only 60% of Millennials feel called to give in the same way as their parents.
• Over 86% of the next generation of Christian stewards reported they want to support groups and charities that make an impact for the better on the communities they live in.
• More than three-quarters, or 72%, prefer to work directly with charities to use their talents for greater impact.
• More than one-third of next-gen stewards who have not created wealth but stand to inherit it reported feeling “uninformed.” This demographic reported feeling more burdened and overwhelmed by the prospect of wealth management than those who had contributed to wealth creation.
• Overwhelmingly, 96% of Next Gen Women feel a great sense of responsibility related to wealth, and 74% feel a deep burden to steward it wisely. Yet 39% of Next Gen Women feel they have no voice in decision-making about family wealth and often feel left out of financial conversations.

“There are some important differences between the Christian philanthropic culture of today and the one that might form as the Great Wealth Transfer continues, but faith— as the foundation for giving — remains emphatically and joyfully the same,” said Christin Fejevary, VP of Brand and Customer Experience at National Christian Foundation. “Our research also revealed that there are some uneasy feelings about the current transfer of stewardship, particularly for women and heirs with no history of managing wealth or giving. It’s important to ensure that everyone who stands to be or become a steward of their family’s wealth feels they have a voice, and that they feel prepared and empowered to answer God’s call.”

Learn more about the study by visiting https://www.ncfgiving.com/stories/nextgenresearch/ 

National Christian Foundation (NCF) is a public 501(c)3 charity headquartered in Alpharetta, GA with local generous communities in approximately 180 locations nationwide. As a trusted ministry and grantmaking organization, NCF walks with generous givers to help them make the most of all God has entrusted to them. Since 1982, on behalf of the more than 30,000 givers we serve, we have granted $21 billion to 90,000+ churches, ministries, and other charities. We are passionate about building generous local communities and seek to generate personal and collective transformation through giving. For more information about National Christian Foundation, visit www.ncfgiving.com.

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SOURCE National Christian Foundation