Month: June 2025

DELRAY BEACH, Fla., June 26, 2025 /PRNewswire/ — The report “Small-Scale LNG Market by Type (Liquefaction, Regasification), Modes of Supply (Trucks, Trans-shipment & Bunkering, Others), Application (Heavy-Duty Vehicles, Industrial & Power, Marine Transport, Others) Region – Global Forecast to 2030″, small-scale LNG market is expected to reach USD 31.78 billion by 2030 from USD 22.14 billion in 2025, at a CAGR of 7.5% during the forecast period.

Browse in-depth TOC on “Small-Scale LNG Market”
576 – Tables
53 – Figures
363 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226707057

The small-scale LNG sector is expanding due to its benefits in comparison to large-scale LNG facilities, aiding in cost reduction, offering environmental advantages, benefiting from government subsidies, and responding to the growing demand for its applications in bunkering, road transport, and off-grid power. The term small-scale LNG refers to the use of liquefied natural gas (LNG) in smaller volumes rather than larger ones. Transportation of small-scale LNG is accomplished using smaller trucks, vessels, or containers to deliver it to locations lacking direct access to natural gas. As LNG emits fewer pollutants than other available fuel types, the recent EU rule known as FuelEU Maritime, aimed at promoting low-carbon and renewable fuels to decrease greenhouse gas (GHG) emissions from vessels, especially those entering EU ports, is anticipated to facilitate market growth.

Trans-shipment & bunkering segment to register the fastest growth during the forecast period

Demand for small-scale LNG through transshipment and bunkering is rapidly increasing, particularly in regions with ports, active shipping lanes, and island nations. Transshipment refers to the process of transferring LNG from one ship to another or from a large LNG carrier to a smaller vessel, facilitating easier delivery to minor ports or remote locations. This is advantageous when large LNG carriers are unable to access shallow or small harbours. With small-scale LNG transshipment, nations and islands lacking large ports or terminals can still obtain LNG. This contributes to extending clean energy access to more locations. Bunkering involves supplying LNG as fuel to ships.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=226707057

Heavy-duty vehicles to be the largest market during the forecast period

The largest market for small-scale LNG is heavy-duty vehicles, as an increasing number of trucks and buses are transitioning from diesel to more environmentally friendly fuels. LNG (liquefied natural gas) is an attractive choice because it provides more energy, is more affordable in certain regions, and, crucially, is less polluting compared to diesel. As nations aim to lower air pollution and achieve climate objectives, many are promoting the use of LNG in transportation. Small-scale LNG facilitates this by making LNG accessible at smaller fueling stations along highways or in proximity to industrial zones.

Asia Pacific to be the fastest-growing market during the forecast period

Use of small-scale LNG in the Asia Pacific is growing rapidly because many countries in this region are demanding clean, affordable, and reliable energy. Large pipelines or power plants are often difficult to be built in islands, remote areas, and small cities, wherein small-scale LNG becomes very helpful. Countries like China, India, Indonesia, the Philippines, and Thailand are increasingly using small-scale LNG. It is used for electricity in villages, fuel for trucks and ships, and to supply gas to factories in areas without pipelines. Small LNG plants and trucks are being set up to move LNG in small quantities by road or sea. In island countries like Indonesia and the Philippines, small ships carry LNG to far-away islands that need power.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=226707057

The report profiles key companies, including Linde plc (US), Wartsila Corporation (Finland), Honeywell International Inc. (US), Shell plc (UK), TotalEnergies (France), ENGIE S.A. (France), Chart Industries, Inc. (US), Gasum oy (Finland), Sofregaz (France), and Excelerate Energy Inc (US).

Get access to the latest updates on Small-Scale LNG Companies and Small-Scale LNG Market Size

Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports & Consulting

Related Reports:

LNG Storage Tank Market – Global Forecast to 2029

Heavy Construction Equipment Market – Global Forecast to 2030

Flat Glass Market – Global Forecast to 2030

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/ 

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/small-scale-lng-market-worth-31-78-billion-by-2030–exclusive-report-by-marketsandmarkets-302491976.html

SOURCE MarketsandMarkets

THE WOODLANDS, Texas, June 26, 2025 /PRNewswire/ — Kraton Corporation, a leading global producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, proudly announces the release of its 2024 Sustainability Report, titled “Innovating with Purpose.” The report highlights Kraton’s continued progress across key categories, including climate action, product circularity, and value chain collaboration, underscoring Kraton’s vision to deliver innovative solutions for a sustainable tomorrow.

“2024 marked a pivotal year in Kraton’s sustainability journey. We turned ambition into action, significantly reducing our Scope 1 and 2 emissions by 41% from our 2014 baseline and earned an EcoVadis Platinum rating for the fourth consecutive year,” said Marcello Boldrini, Kraton Chief Executive Officer. “We accelerated our decarbonization strategy, advanced biobased innovation, and partnered with customers such as WJ Group and Henkel to help address global sustainability challenges. As demand for sustainable chemicals grows, our focus remains on developing the right solutions, fostering strong partnerships, and cultivating the culture necessary to lead this transformation responsibly and competitively.”

“We have established new processes to scale credible, data-driven sustainability across our business,” added Rogier Roelen, Kraton Chief Sustainability Officer. “In 2024, we enhanced our ESG reporting through a data harmonization program and completed a Double Materiality Assessment to better align with the Corporate Sustainability Reporting Directive (CSRD). We also expanded our Life Cycle Assessment (LCA) data to cover almost 90% of our product portfolio, providing customers with greater transparency into the environmental impact of our products. These efforts reinforce our ability to identify where we can make the most impact and support more informed, strategic decision-making.”

2024 report highlights include:

• Achieved a 41% reduction in Scope 1 & 2 greenhouse gas emissions since 2014 and a 35% drop in emissions intensity
• Earned EcoVadis Platinum sustainability rating for the fourth consecutive year
• Awarded the 2024 Nitto Supplier Sustainability Award
• Completed Double Materiality Assessment to guide ESG priorities and support CSRD alignment
• Launched a data excellence program to enhance ESG data quality, automate reporting, and develop new decarbonization targets
• Finalized a $35 million investment to improve crude tall oil (CTO) biorefinery towers at Panama City, Florida facility
• Expanded LCA data to cover nearly 90% of our product portfolio, offering customers greater visibility of product environmental impact

Kraton’s 2024 report is anchored in its sustainability pillars: Being Reliable Partners, Preserving Planet, and Empowering People. It was prepared in accordance with the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB), the United Nations Global Compact, and the Task Force on Climate-related Financial Disclosures (TCFD).

The full 2024 Sustainability Report is available on Kraton’s website at sustainability.kraton.com.

About Kraton Corporation
Kraton Corporation is a leading global producer of specialty polymers and high-value performance products derived from renewable resources. Kraton’s polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, and lubricants, and medical, packaging, automotive, paving and roofing products. As the largest global provider in the pine chemicals industry, the company’s pine-based specialty products are sold into adhesive, road and construction and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks, and mining. Kraton offers its products to a diverse customer base in over 70 countries worldwide. 

*Kraton, the Kraton logo and design are all trademarks of Kraton Corporation, or its subsidiaries or affiliates, in one or more, but not all countries. 

Media Contact: Mariam Stevens; T: (346) 435-8042

View original content to download multimedia:https://www.prnewswire.com/news-releases/kraton-corporation-releases-2024-sustainability-report-302490829.html

SOURCE Kraton Corporation

Announced during London Climate Action Week, the collaboration marks a new phase of ambition and action across the global battery system

LONDON, June 26, 2025 /PRNewswire/ — At London Climate Action Week, CATL and the Ellen MacArthur Foundation shared an ambition for accelerating the transition to a circular battery economy —that new battery production must be decoupled from the use of virgin raw materials. Doing so will enable a future where access, resilience, and sustainability go hand in hand — and where growth is no longer tied to extraction.

Since forming their Strategic Partnership earlier this year, CATL and the Ellen MacArthur Foundation have been working together to map out how circular economy principles can be applied across the battery value chain. The shared ambition offers a starting point — a North Star — for the collaboration and innovation that must follow. It is intended to guide not only CATL, but a broad community of global stakeholders seeking to redesign the system for long-term success.

The ambition was introduced by Jiang Li, vice president and Board Secretary of CATL at a high-level panel hosted by the Ellen MacArthur Foundation. The panel explored how stakeholders across research, industry, and government can work together to bring this ambition to life — and to identify what is needed to achieve it at scale.

To help bring this ambition into focus, CATL has introduced a directional goal: that within 20 years, 50% of new battery production could be decoupled from virgin raw materials. This is a long-term marker — one that will guide how we explore circular models, scale partnerships, and invest in innovation across the value chain.

Jiang Li highlighted that the circular economy will unlock new economic opportunities as well as environmental and social values. By 2040, the global battery recycling market is expected to exceed RMB 1.2 trillion (about 165 billion U.S. dollars), and the battery value chain could generate more than 10 million jobs—over half of which would be in developing countries.

Four principles to guide industry transformation

At the heart of this ambition are four practical principles, adapted from the Ellen MacArthur Foundation’s circular economy framework. These principles are designed to guide transformation across the battery value chain — from mining and manufacturing to mobility and energy systems. They offer a starting point  to create further alignment with  key stakeholders to design collaborative action to accelerate the shift toward a more circular battery economy.

Rethink Systems. A circular approach requires systemic change across the battery ecosystem. By embedding circularity into each stage of the value chain, it becomes possible to support low-carbon development, reduce waste, and enable the continuous flow of materials. This principle emphasises optimising the structure and interactions of the value chain to enable more efficient and resilient use of resources.

Redesign Products. Circularity begins at the design stage. Batteries must be built for longevity, disassembly, and second-life applications — using modular architecture and durable components. Designing with reuse and recycling in mind ensures that products can retain value for longer and be recovered more efficiently at the end of life.

Rethink Business Models. New business models are essential to decoupling resource use from economic growth. By shifting from traditional ownership to shared, service-based, or second-life models, batteries can deliver greater utility and become more accessible to users. This principle supports the creation of economically viable pathways for circularity to scale.

Recycle Materials. A high-performing recycling system is essential to circularity. Materials must be recovered efficiently and returned to high-value use, increasing the proportion of closed-loop recycling. This reduces dependence on virgin resources and helps establish a more sustainable, secure, and low-impact supply of critical raw materials.

Jiang Li also shared examples of CATL’s implementation of the four pillars.

• At system level, CATL launched its Carbon Chain Management System to help decarbonize the battery value chain.
• In product design, CATL has extended battery lifespan significantly—its energy storage batteries now reach up to 18,000 cycles—reducing both materials demand and emissions.
• CATL also plans to deploy over 10,000 battery swap stations, improving battery efficiency and facilitating large-scale collection of retired batteries.
• In recycling, CATL operates the world’s largest battery take-back network and in 2024 alone recycled around 130,000 tons of end-of-life batteries, recovering 17,000 tons of lithium salts.

Piloting change through GECC

To test and expand upon the shared ambition in real-world conditions, CATL is advancing the Global Energy Circularity Commitment (GECC) — Announced in March, GECC is an open, global platform where stakeholders from industry, cities, and academia come together to test circular economy solutions in practice. CATL looks to work with players across the value chain through this platform, exploring and sharing insights to help scale impact. This collective approach is key to building a resilient and sustainable battery system.

Looking ahead

This shared ambition is a starting point — a foundation for building new forms of collaboration, transparency, and systems innovation across the global battery landscape. CATL and the Ellen MacArthur Foundation will continue to engage with public- and private-sector partners to refine, expand, and operationalise the ideas set out here.

“The circular battery system won’t be built in a lab or a boardroom — it will be shaped through collaboration, testing, and shared effort,” said Jiang Li. “This ambition is a signal to help drive that work forward. Achieving it will require global collaboration, cross-sector learning, and open engagement across the value chain — all of which the Ellen MacArthur Foundation has long championed.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/catl-and-the-ellen-macarthur-foundation-share-ambition-for-a-circular-battery-future-302492080.html

SOURCE Contemporary Amperex Technology Co., Limited (CATL)

On May 15, Cache Creek Casino Resort proudly partnered with the Yocha Dehe Wintun Nation to host the third annual charity golf tournament at the stunning Yocha Dehe Golf Club.

BROOKS, Calif., June 26, 2025 /PRNewswire/ — On May 15, Cache Creek Casino Resort proudly partnered with the Yocha Dehe Wintun Nation to host the third annual charity golf tournament at the stunning Yocha Dehe Golf Club. The event brought together tribal leaders, vendors, and community partners with a shared purpose: to raise essential funds to support two remarkable organizations—First Tee of Greater Sacramento and the Forgotten Soldier Program.

Together, the tournament helped advance First Tee’s mission to empower young people with life skills and character development through the game of golf, and it strengthened the Forgotten Soldier Program’s critical work supporting veterans and first responders in their time of need. The event raised $125,000 thanks to overwhelming generosity, with $62,500 directly benefiting each organization.

“Our investment in the First Tee of Greater Sacramento reflects our belief in the power of mentorship and the long-term impact of positive youth development,” said Anthony Roberts, Tribal Chairman of the Yocha Dehe Wintun Nation. “We’re proud to share our ancestral lands to support these young people as they build confidence, leadership, and integrity through the game of golf.”

Kari Stout-Smith, General Manager and COO of Cache Creek Casino Resort, added, “We’re incredibly proud to stand behind the Forgotten Soldier Program and their tireless work supporting those who have sacrificed so much. To witness our partners come together in such a meaningful way is not only humbling—it’s a powerful reminder of the strength of our community.”

“The Yocha Dehe Wintun Nation’s unwavering support for the Forgotten Soldier Program has been one of the most meaningful experiences of my time as a Board Member. Their generosity, hospitality, and deep commitment to our mission speak volumes. Because of their support, we’re able to provide free, life-changing care to hundreds of veterans and first responders battling the invisible wounds of trauma,” said Dave Perry, Board Member and Army Veteran.

Angie Dixon, CEO of First Tee – Greater Sacramento, concluded, “Greater Sacramento is honored to be one of the beneficiaries of this year’s Cache Creek Charity Golf Tournament. We deeply appreciate the support, which allows us to continue providing life-changing opportunities for over 58,000 young people in our region each year through our character development programs. Together, we’re building game changers.”

The fourth annual charity golf tournament is scheduled for May 2026. For more information, call Yocha Dehe Golf Club at 530-796-4653 or visit yochadehegolfclub.com.

About Cache Creek Casino Resort

Cache Creek Casino Resort is owned and operated by the Yocha Dehe Wintun Nation in Brooks, California. In 2025, the resort proudly celebrates its 40th anniversary, marking four decades of growth from its humble beginnings as a bingo hall in 1985 to becoming one of Northern California’s premier casino-resort destinations. Located 40 miles northwest of Sacramento and 80 miles from the San Francisco Bay Area, Cache Creek Casino Resort offers over 2,300 slot machines, more than 80 table games, 659 four-diamond luxury hotel rooms, 11 restaurants, a full-service spa, extraordinary entertainment in a 1,375-seat Event Center, and an 18-hole championship golf course.

Media Contact

Richard Picard, Cache Creek Casino Resort, 1 530-796-5327, rpicard@cachecreek.com, cachecreek.com 

View original content to download multimedia:https://www.prweb.com/releases/cache-creek-casino-resort-3rd-annual-charity-golf-tournament-raises-125-000-for-first-tee-of-greater-sacramento-and-forgotten-soldier-program-302491831.html

SOURCE Cache Creek Casino Resort

CHAM, Switzerland, June 26, 2025 /PRNewswire/ — Yesterday, the Annual General Meeting of the Landis+Gyr Group AG (SIX: LAND) took place in Steinhausen, Switzerland. The Meeting approved all the Board’s proposals and elected Audrey Zibelman as the new Chair of the Board of Directors. 218 shareholders (including proxies) attended the Meeting, representing 57.39% of the issued share capital.

After eight years as Chair of the Board of Directors, Andreas Umbach did not stand for re-election. The departing Chair expressed his gratitude for the trust shown by shareholders and said: “It has been an extraordinary honor and privilege to serve this remarkable company for more than 25 years, including the past eight as Chair. The long-term strategic vision and commitment to innovation shared by the Board of Directors and the Executive Management team have consistently driven Landis+Gyr forward, enabling us to play a pivotal role in shaping the future of smart energy management. I extend my heartfelt thanks to our shareholders, colleagues, customers, and partners for their steadfast support and collaboration.”

In addition to Audrey Zibelman, all directors standing for election were re-elected to the Board of Directors for a term of office of one year: Eric Elzvik, Fabian Rauch, Andreas Spreiter, Christina Stercken, and Laureen Tolson. The Annual General Meeting elected Steve Louden and Brett Carter as new members of the Board of Directors for a term of office of one year.

The newly elected Chair of the Board of Directors, Audrey Zibelman, said: “I would like to express my sincere appreciation to Andreas Umbach, our outgoing Chair, for his remarkable contributions and dedicated leadership over many years. As we enter this new chapter, I look forward to working closely with the management team under the leadership of CEO Peter Mainz, the Board, and the entire Landis+Gyr team to shape an exciting future ahead. I also warmly welcome our newest Board members, Steve Louden and Brett Carter, whose expertise will further strengthen our team.”

The Annual General Meeting approved the proposed distribution of CHF 1.15 per registered share, payable from statutory capital reserves. The distribution will be paid from July 1, 2025, onwards.

Shareholders also approved the Annual Report and Financial Statements for FY 2024, the FY 2024 Remuneration Report in a consultative vote, as well as the Sustainability Report 2024.

The detailed voting results will be published today on Landis+Gyr’s investor website (link), and the minutes of the 2025 Annual General Meeting will be made available in the coming days.

Key Dates

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having enabled 9 million tons of CO₂ savings in FY 2024 through our product offerings, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website www.landisgyr.com.

Photo: https://mma.prnewswire.com/media/2718995/Landis_Gyr_AGM_2025.jpg
Logo: https://mma.prnewswire.com/media/2287017/5388063/Landis_Gyr_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/landisgyr-shareholders-approve-all-proposals-302492031.html

SOURCE Landis+Gyr Group AG

NINGBO, China, June 25, 2025 /PRNewswire/ — The Shanghai Cooperation Organization (SCO) Energy Ministers Meeting and supporting activities will be held on June 26 and 27 in Ningbo, Zhejiang. Ningbo’s green practice will provide a “China’s Solution” for the global energy transformation.

As a top-level energy sector’s side meeting of this year’s SCO Summit, it is also one of largest diplomatic events hosted by China’s energy industry in 2025. With a theme of “Integrate Innovation for Energy Future”, it leverages China’s SCO rotating presidency to build on consensus among all parties, and advance energy cooperation toward higher quality and deeper integration within the SCO framework. Attendees included the SCO Secretariat, energy regulators of SCO member states, observer states and dialogue partners, as well as major international organizations, energy enterprises, think tanks and universities from home and abroad. The opening ceremony will witness the official release of the China-SCO Renewable Energy Cooperation Report 2024, followed by three parallel forums on technological, industrial and policy innovation respectively to explore energy transformation and sustainable development.

As the world’s first port city with annual cargo throughput exceeding 1.3 billion tons, Ningbo has pioneered new energy practices in recent years as a traditional manufacturing hub, targeting a resilient power system and a full-chain new energy vehicle industry.

For instance, Zhejiang’s inaugural integrated demonstration project—combining distributed wind power, PV, energy storage, and microgrids—at Ningbo Zhoushan Port’s Chuanshan area transmits continuous green electricity everyday. Since the first wind power generator’s connection into the grid in January 2024, the cumulative generation has surpassed 40 million kWh, equivalent to reducing carbon dioxide emissions by about 24,000 tons. Notably, five days of full-power operation of two 6.25-megawatt wind generators can meet the one month electricity demand of 169 gantry cranes in the port.

At Zeekr’s intelligent factory in Meishan, robotic arms precisely welds the car bodies, producing a pure electric car every 110 seconds. By building a complete industrial chain for new energy vehicles, Ningbo has set up a 100-billion yuan industrial ecosystem.

 The 362 households in Li’ao village of Haishu district have installed rooftop PV facilities, generating about 600,000 kWh annually, garnering about 500,000 yuan income per year for its villagers.

Ningbo Industrial Internet Institute has created and incubated 46 high-tech companies, attracting a large number of high-tech talents.

Established in 2001, SCO has expanded from six founding members to a “big family” consisting of 10 member states, 2 observer states, and 14 dialogue partners, becoming the world’s largest and most populous regional cooperation body. The designation of 2025 as the “SCO Year of Sustainable Development” underscores its growth.

Photo – https://mma.prnewswire.com/media/2719322/Ningbo.jpg
Logo – https://mma.prnewswire.com/media/2604864/5388829/Ningbo_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-sco-energy-ministers-meeting-to-be-held-in-ningbo-302491899.html

SOURCE Ningbo International Communication Center