Originally published on AdoptAClassroom.org

Subaru Loves Learning month is here, and our friends at Subaru are partnering with us for the fifth consecutive year to support students who need supplies. 

During the month of August, Subaru and its retailers are funding classrooms in their local communities across the country through AdoptAClassroom.org®.

As our largest corporate supporter, Subaru’s award-winning Subaru Loves Learning initiative will help provide school supplies to more than 950,000 students in high-needs schools with us by the end of 2025.

Subaru Helps Students Thrive in School

For Jackie, a third-grade teacher in California, support from Subaru has helped keep her students engaged.

“If we don’t have all of the supplies that they need, then a lot of times we have limited participation,” said Jackie. “So we work really hard to make sure that our students have the school supplies they need to really avoid that decrease of engagement and continue to boost their confidence in their learning as well.”

A donation from her local Subaru retailer helped teachers at Jackie’s school purchase classroom supplies that spark curiosity and excitement.

Jackie’s school isn’t alone. A 2025 AdoptAClassroom.org survey found that 77% of students in classrooms adopted by Subaru were more engaged in their learning because of the donation.

“Thank you Subaru from the bottom of my heart for supporting the students in my classroom and Parkview Elementary School as a whole. We would not be able to continue to help our students and support their learning if it wasn’t for companies like you.”

– Jackie, Teacher

Alysia, a K-6 instructional coach in Arizona, spends $750 to $1,000 out of pocket each year on supplies for her high-needs classroom. Her students go through most classroom items faster than she can replace them. 

As her sixth-grade student Ben remembers, “One time we had to share pencils because we didn’t have enough.”

Alysia used donations from her local Subaru retailer to purchase flexible seating and fidgets for her students. She sees the impact of the new supplies daily.

“It keeps kids in the classroom,” said Alysia. “They don’t have to go take a break or go for a walk. They can move their hands to keep them focused.” 

92% of teachers’ students supported by Subaru were able to access learning materials they wouldn’t have received without the donation.

Students like Ben thrive when they have the right learning tools, and over the past five years, Subaru has made that possible for 950,000+ students.

Learn more about Subaru’s educator vehicle discount program on their website.

A special thank you to the following Subaru retailers who adopted an entire school in their community for the 2024-2025 school year:

  • Adventure Subaru – Fayetteville, AR
  • Peoria Subaru – Peoria, AZ
  • Findlay Subaru Prescott – Prescott, AZ
  • Tucson Subaru – Tucson, AZ
  • Albany Subaru – Albany, CA
  • Santa Cruz Subaru – Capitola, CA
  • Fairfield Subaru – Fairfield, CA
  • Modesto Subaru – Modesto, CA
  • Stevens Creek Subaru – San Jose, CA
  • DCH Subaru of Thousand Oaks – Thousand Oaks, CA
  • Schomp Subaru – Aurora, CO
  • AutoNation Subaru Arapahoe – Centennial, CO
  • Heuberger Subaru – Colorado Springs, CO
  • AutoNation Subaru West – Golden, CO
  • Step One Subaru Fort Walton Beach – Fort Walton Beach, FL
  • Subaru of Gainesville – Gainesville, FL
  • Subaru of North Miami – Miami, FL
  • Subaru of Naples – Naples, FL
  • Subaru of Pembroke Pines – Pembroke Pines, FL
  • Subaru of Wesley Chapel – Wesley Chapel, FL
  • Wackerli Subaru – Idaho Falls, ID
  • Zeigler Subaru of Fort Wayne – Fort Wayne, IN
  • Zeigler Subaru of Lafayette – Lafayette, IN
  • Subaru of Olathe – Olathe, KS
  • Quantrell Subaru – Lexington, KY
  • Subaru of Baton Rouge – Baton Rouge, LA
  • Baldwin Subaru – Covington, LA
  • Annapolis Subaru – Annapolis, MD
  • Bel Air Subaru – Bel Air, MD
  • Gateway Subaru – Delmar, MD
  • Fox Subaru – Grand Rapids, MI
  • Suburban Subaru of Troy – Troy, MI
  • Bloomington Subaru – Bloomington, MN
  • Walser Subaru – Burnsville, MN
  • Walser Subaru St. Paul – S. St. Paul, MN
  • White Bear Subaru – Vadnais Heights, MN
  • Reliable Subaru – Springfield, MO
  • Sunset Hills Subaru – Sunset Hills, MO
  • Johnson Subaru of Cary – Cary, NC
  • Williams Subaru – Charlotte, NC
  • Beardmore Subaru – Bellevue, NE
  • Subaru of Englewood – Englewood, NJ
  • Lester Glenn Subaru – Toms River, NJ
  • Subaru of Las Vegas – Las Vegas, NV
  • Goldstein Subaru – Colonie, NY
  • Subaru White Plains – Elmsford, NY
  • Boardman Subaru – Boardman, OH
  • Ferguson Subaru – Broken Arrow, OK
  • Cavender Subaru of Norman – Norman, OK
  • Bob Moore Subaru – Oklahoma City, OK
  • Royal Moore Subaru – Hillsboro, OR
  • Capitol Subaru of Salem – Salem, OR
  • Faulkner Subaru Harrisburg – Harrisburg, PA
  • Stuckey Subaru – Hollidaysburg, PA
  • W & L Subaru – Northumberland, PA
  • Bowser Subaru – Pittsburgh, PA
  • Budd Baer Subaru – Washington, PA
  • Crews Subaru of Charleston – North Charleston, SC
  • City Limits Subaru – Buda, TX
  • Subaru of America Dallas Zone Office – Coppell, TX
  • Huffines Subaru Corinth – Corinth, TX
  • Hicks Family Subaru – Corpus Christi, TX
  • Bert Ogden Subaru – Edinburg, TX
  • Hiley Subaru – Fort Worth, TX
  • Team Gillman Subaru North – Houston, TX
  • Brandon Tomes Subaru – McKinney, TX
  • North Park Subaru – San Antonio, TX
  • Doug Smith Subaru – American Fork, UT
  • Bob Wade Subaru – Harrisonburg, VA
  • Casey Subaru – Newport News, VA
  • Southern Team Subaru – Roanoke, VA
  • CMA’s Subaru of Winchester – Winchester, VA
  • Subaru of Puyallup – Puyallup, WA
  • Dick Hannah Subaru – Vancouver, WA
  • Bergstrom Subaru – Green Bay – Green Bay, WI
  • Don Miller Subaru East – Madison, WI
  • Don Miller Subaru West – Madison, WI
  • Sommer’s Subaru – Mequon, WI
  • Jenkins Subaru – Bridgeport, WV
  • Dutch Miller Subaru – Charleston, WV

DP World’s Growing Footprint in the Dominican Republic

For more than two decades, DP World has been a cornerstone of the Dominican Republic’s logistics and trade landscape. Since beginning operations in 2003, the company has invested more than US$700 million in the Port of Caucedo and its adjoining Free Trade Zone, transforming it into one of the Caribbean’s most advanced gateways for global commerce. Today, DP World manages over 60% of the country’s container traffic, providing integrated services that span marine terminals, warehousing, logistics, and even workforce training through the DP World Academy.

This long-term commitment has positioned DP World as not only an operator but also a partner in the nation’s sustainable economic growth, advancing trade connectivity while investing in people and skills development.

Launching a Transformative New Chapter

In May 2025, DP World and the Dominican government signed a landmark US$760 million agreement to expand both the Caucedo port terminal and the adjacent economic zone. The expansion will unlock 225 hectares of new development land, add 1.25 million square meters of industrial space, and boost the terminal’s capacity from 2.5 million TEUs to approximately 3.1 million TEUs annually.

The investment is evenly split: US$380 million for port infrastructure – including extended quays, new cranes, breakwaters, and upgraded security systems – and another US$380 million for Free Trade Zone development, with roads, utilities, and pre-built warehouses to attract global tenants.

“This agreement marks a major step forward in our vision to transform Caucedo into the most advanced logistics hub in the Caribbean,” said Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, in the announcement.

A Reliable Alternative in Global Supply Chains

The expansion comes at a critical moment. With geopolitical tensions and tariff shifts reshaping global manufacturing, companies are urgently seeking cost-effective, resilient nearshoring options. The Dominican Republic is emerging as a top contender. Its free zones already host over 850 companies across industries such as apparel, electronics, medical devices, and aerospace. The island’s location – just three days by sea to Miami and five to New York – offers unmatched proximity to U.S. markets.

Recent high-profile moves, such as World Emblem relocating production from Mexico and China to the Dominican Republic, highlight how businesses are leveraging the country’s incentives, workforce, and stability to future-proof supply chains.

Sustainability and Shared Prosperity at the Core

Beyond infrastructure, the new Special Economic Zone (SEZ) is being designed with sustainability in mind. DP World in the Dominican Republic already operates electric equipment fleets and has invested heavily in energy efficiency and emissions reduction programs. The company applies international best practices in environmental management and partners with the Dominican government to strengthen green logistics standards.

Equally important is the human element. DP World’s expansion is expected to generate up to 50,000 new direct jobs. Coupled with initiatives like the DP World Academy and partnerships with local institutions, the SEZ will build a talent pipeline that advances social mobility and equips workers with future-ready skills.

A New Trade Horizon for the Americas

With this multi-million-dollar expansion, DP World and the Dominican Republic are not simply building more warehouses or container berths – they are reshaping the logistics architecture of the Americas. The project is projected to attract nearly US$3.9 billion in foreign investment and drive over US$4 billion in new manufacturing output.

By integrating world-class infrastructure, a competitive regulatory framework, and a strong ESG foundation, the Dominican Republic is positioning itself as a reliable, sustainable, and cost-effective hub for manufacturers navigating an era of uncertainty.

This historic investment marks a bold bet on the future of global trade, and one that could redefine supply chains across the Western Hemisphere.

Technology is not stagnant and keeping up can prove to be a challenge, especially in the education sector. But in the heart of Australia’s capital, the Canberra Institute of Technology (CIT) is setting an inspiring example of how education can evolve to meet the challenges of today while preparing students for the opportunities of tomorrow.  CIT is not only a cornerstone of the local economy but a leader in addressing the nation’s skills gap by preparing a future-proof workforce. Through a bold commitment to digital transformation, CIT is reimagining how education is delivered with Cisco.  

A Vision for Digital Learning

CIT’s Digital Transformation Strategy is driven by one, simple vision: “To improve the lives of our students through incredible teaching that takes full advantage of available technologies.” This vision isn’t just about adopting new tools but creating immersive, scalable, and effective learning environments that connect students and empower educators. 

As CIT embarks on this journey to transformation, there are challenges when it comes to balancing innovation with practicality. The goal is to seamlessly integrate digital solutions into a wide range of learning spaces—from kitchens to classrooms—without overwhelming students or staff. These solutions must enhance teaching methods while aligning with the institution’s teaching goals and needs of its community. 

A Collaborative Approach to Innovation 

Cisco’s collaboration with CIT highlights a milestone in educational transformation. Within just two months, Cisco and its partners designed and delivered two state-of-the-art prototype rooms equipped with cutting-edge, collaborative technology. These spaces provide educators and students with hands-on opportunities to explore how digital tools can complement traditional teaching methods.  

The prototype rooms are active learning environments where feedback drives continuous improvement. Teachers and students are directly involved in shaping how these spaces evolve, ensuring the technology is both practical and impactful. 

Supporting this transformation is a robust network architecture designed in partnership with Digital Data Technology Solutions, the Australian Capital Territory  (ACT) Government’s in-house technology provider. This architecture supports CIT’s immediate needs while enabling future enhancements such as Software-Defined Access (SDA), wayfinding, and Cisco Spaces. By replacing traditional audiovisual systems with multiple endpoints, CIT has adopted a streamlined, cost-effective solution that enhances functionality and adaptability.

Transforming Lives, Strengthening Communities 

The impact of CIT’s digital transformation extends far beyond the classroom. For students and educators, the new digital learning spaces mean greater accessibility, engagement, and inclusivity. This helps lead to higher retention and success rates, helping to close the skills gap and prepare a workforce ready to meet the demands of a rapidly changing world. 

On a national level, CIT’s transformation serves as a model for other institutions, showcasing how technology can revolutionize educational experiences. By demonstrating the potential of digital classrooms, CIT is inspiring a movement toward more inclusive, engaging, and sustainable education across Australia.

A Win-Win for Cisco and Education 

For Cisco, this collaboration highlights the power of partnership in driving innovation. By delivering tangible results through its digital platforms and network designs, Cisco reinforces its leadership in educational technology solutions. The success of this project not only strengthens Cisco’s reputation but also creates a scalable framework that can be replicated in other institutions, both within CIT and beyond. 

This partnership with CIT underscores Cisco’s commitment to creating practical, impactful solutions that address today’s needs while anticipating the future of education. It’s a collaboration that transforms how people learn and also opens doors to new opportunities for Cisco to support the education sector in meaningful ways. 

As CIT continues its digital transformation journey, possibilities are boundless. With innovative technology, dedicated educators, and engaged students, the institution is poised to lead the way in shaping the future of education. Together, CIT and Cisco are proving that when technology meets Purpose, the results are nothing short of extraordinary. 

View original content here.

MetLife is working to increase efficiencies, reduce risks and deliver sustainable growth across our global operations. This includes improving the performance of our 9.2 million square feet of offices and reducing business travel emissions—implementing initiatives that lower operating costs, promote collaboration and enhance workforce vitality. We have decreased location-based emissions by 44% since 2019 and have maintained carbon neutrality for our offices, fleets and business travel since 2016.1

We continue to promote energy efficiency and implement green building practices. We look for opportunities to analyze and manage data center operations strategically and improve performance as energy demands rise. Elsewhere, vehicle fleets, office energy upgrades and office consolidation represent strong opportunities to lower energy use and reduce emissions. Throughout our regions, we are replacing vehicles in our fleets with electric or hybrid options where possible.

We also encourage global reductions in business travel to promote efficiency and lower operating costs. These could include recommendations to combine two trips into one, to travel by train instead of by air, and to fly in premium economy instead of business class on long-haul flights.

Since 2009, we have procured renewable energy by purchasing energy attribute certificates—issued when one megawatt-hour of electricity is generated and delivered to the grid from a renewable energy resource—to match our global electricity consumption (see GHG Emissions and Energy data in Sustainability Scorecard). In Spain, we generate on-site renewables through a solar array on our office in Madrid. We are exploring options for on-site renewable generation in Cyprus, Jordan and other sites, while working with energy providers and landlords across our markets to source green energy.

We supplement emissions reductions and energy efficiency initiatives with a diverse portfolio of third party-certified carbon offset projects that empower local economies. Enhanced due diligence is conducted on all projects purchased for MetLife.

Read more about how MetLife is reducing global emissions through its sustainability efforts in our 2024 Sustainability Report.

1 MetLife’s carbon neutrality efforts apply to global owned and leased offices, global vehicle fleets (Scope 1 and 2 emissions) and employee business travel (Scope 3 Category 6). 

The project will bring reliable electricity to the grid and drive long-term economic growth in the region

AMSTERDAM, Aug. 26, 2025 /PRNewswire/ — Ferrovial, a leading global infrastructure company, will develop a new 250 MW solar photovoltaic facility, located in Milam County, Texas. The project represents a total investment of approximately $355 million, including debt. Ferrovial will be responsible for the construction, operation, and maintenance of the facility, which will deliver reliable electricity to the Texas grid and support long-term economic growth in the region.

“This project is a strong example of how infrastructure investment can directly benefit communities,” said María José Esteruelas, Ferrovial Energy CEO. “As data centers multiply and energy needs continue to increase, this facility will bring lasting value to the region by creating jobs, supporting local services and strengthening energy reliability.”  

Construction is scheduled to begin in the coming months, generating nearly 300 jobs during the build phase. The facility is expected to produce power by 2027 and deliver approximately 450 GWh (450,000 MWh) of electricity annually–enough to serve 43,000 homes.  

The project adds to Ferrovial’s energy portfolio in Texas, complementing a 257 MWdc plant in Leon County. The Company is also nearing construction completion of a 72 MW PV plant in the Houston area for its client X-Elio. 

About Ferrovial

Ferrovial is one of the world’s leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 25,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member of Spain’s blue-chip IBEX 35 index. It is also included in globally recognized sustainability indices such as the Dow Jones Best in Class Index (former Dow Jones Sustainability Index) and strives to conduct all of its operations in compliance with the principles of the UN Global Compact, which the Company adopted in 2002.

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SOURCE Ferrovial

When Keith Holloman saw how COVID-19 affected his own family, the importance of accurate healthcare technology became deeply personal.

“It’s not just this ambiguous patient out there,” said Holloman, a clinical research program manager at Medtronic. “It’s someone I care for that could benefit from our technologies.”

Holloman now works in Acute Care & Monitoring developing pulse oximeters — devices he used regularly when he worked as a respiratory therapist.

Pulse oximeters measure oxygen in the blood. They became even more critical for decision-making during the pandemic, and that surge in use spotlighted a troubling flaw: studies showed the devices can be less accurate on patients with darker skin tones.

Holloman is part of efforts to change that by using artificial intelligence to design technology for all from the start.

“We’re making sure that our technology is equitable for every patient we serve,” Holloman said.

Powered by AI

Doctors have relied on pulse oximeters for more than 40 years to monitor patients’ oxygen levels and knowing oxygen levels helps clinicians detect when a patient’s health is declining.

“They’re dependent on having an accurate measurement which potentially could result in them making decisions in terms of what level of intervention is necessary for that patient,” Holloman said of doctors.

At Medtronic, the NellcorTM pulse oximeter has been using artificial intelligence for more than 20 of those years — a move that positioned the company as an early adopter of AI to enhance device accuracy, said Jason Case, who leads research and development in the Acute Care & Monitoring business.

How does AI work in these small devices? First, consider how pulse oximetry works, he said.

“We’re shining light, through tissue, to measure oxygen in the blood,” Case said, “You can think of this like shining a flashlight into fog to look for something. And because blood moves with every heartbeat, the pulse lets us know when to take a measurement. Our AI is really good at identifying each and every pulse, and that enhances our accuracy.”

Every pulse is an opportunity to accurately measure oxygen supply, and AI in NellcorTM sees every single one – helping clinicians ensure patient safety moment-to-moment.

Still, said Case, there’s more work to be done.

The human touch

Long before pulse oximeters get clipped to a patient’s finger in the hospital, Medtronic scientists and engineers are innovating AI algorithms with the help of regular people, Holloman said.

The company opened a clinical physiology lab near the Five Points neighborhood of Denver, Colorado, to conduct its clinical trials not only with a wide array of participants but with more speed and frequency, leading to faster innovation.

“We’re looking at ways to improve our algorithms to accurately account for the variations in skin pigmentation, and we’re going a step further to actually design clinical studies that will give us the data that shows our algorithms, our new technology, is indeed accurate,” Holloman said.

The lab in Denver empowers Medtronic to not only examine current device performance but to inform new designs. This work includes thinking through how AI can help predict and prevent complications – perhaps even before a doctor knows something’s wrong, Case said.

“Imagine if we could use AI to look at small variations in the pulse to see an infection early and then do something about it,” he said.

The technology under development has been accepted into the U.S. Food and Drug Administration’s Safer Technologies Program for Medical Devices (STeP) — a designation that accelerates the development, assessment, and review of devices that are expected to improve the safety of current treatments.

“This means a ton for our patients,” Case said.

Learn more about Medtronic here.

Patient monitoring products should not be used as the sole basis for diagnosis or therapy and are intended only as an adjunct in patient assessment. Note: Oxygen saturation accuracy can be affected by certain environmental, equipment, and patient physiologic conditions (as discussed in the operator’s manual for the monitor) that influence readings of SpO2. Please consult the IFU and operator’s manual for full safety information. Some of the technologies discussed in this article are aspirational, pipeline projects and not cleared or available for sale at this time.

The Chemours Company, a global chemistry company, today announced the release of its 2024 Sustainability Report, showcasing significant progress toward its Corporate Responsibility Commitment (CRC) goals. The report titled “Trusted Chemistry” is an affirmation of the company’s vision and commitment to using the power of chemistry to solve some of the world’s most pressing challenges while improving lives and helping communities thrive.

“Our Trusted Chemistry vision is more than aspirational; it’s directional,” said Denise Dignam, President and CEO of Chemours. “It guides how we operate, innovate, and engage with our stakeholders. The 2024 Sustainability Report reflects our unwavering commitment to responsible manufacturing, environmental stewardship, and community impact. I’m proud of the progress we’ve made and excited about the opportunities ahead.”

The 2024 report reflects a pivotal year for Chemours, marked by refreshed core values, a new corporate strategy—Pathway to Thrive—and measurable sustainability achievements. Key Highlights from the 2024 Sustainability Report include:

  • Reached a 76% reduction in fluorinated organic chemical (FOC) process emissions globally since 2018, advancing toward the goal of a 99% reduction by 2030.
  • Achieved 52% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions, keeping Chemours on track to meet its 60% reduction target by 2030 and net-zero by 2050.
  • Accomplished the 2030 Sustainable Offerings goal six years ahead of schedule, with 50% of revenue now coming from products that make a specific contribution to the UN Sustainable Development Goals.
  • Completed Chemours’ first Double Materiality Assessment, supporting further alignment of the company’s sustainability priorities with stakeholder needs. The insights are being used to inform actions and evolve the 2030 CRC aspirations and goals, to build on achievements and drive more impact to meet the challenges of today and tomorrow.

The report also details Chemours’ Trusted Chemistry vision in action with features on continued investment in sustainable technologies and circularity, including:

  • Liquid cooling solutions for data centers, including two-phase immersion fluid, which can reduce cooling energy use by up to 90% and nearly eliminate cooling-related water consumption when compared to traditional air-cooling technologies.
  • Advanced binders that enable dry electrode manufacturing for electric vehicle (EV) batteries; a process that can reduce manufacturing footprint by 75%, energy consumption by approximately 47%, and eliminate the need for hazardous solvent use and recovery.
  • Sharpening our focus on helping to build a more circular economy by implementing circularity principles in our operations and with partners, as part of our broader commitment to make the most of critical resources, prevent waste, take climate action, and support a thriving society.

To read the full 2024 Sustainability Report, visit www.chemours.com/en/sustainability.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 6,000 employees and 28 manufacturing sites and serves approximately 2,500 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn.

Forward-Looking Statements 
This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words “believe,” “expect,” “will,” “anticipate,” “plan,” “estimate,” “target,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date such statements were made. These forward-looking statements may address, among other things, our progress against our Corporate Responsibility Commitment goals and our expected positive impact on societal goals, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours’ control. Matters outside our control, including general economic conditions, geopolitical conditions and global health events, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products or increase raw materials, energy, or other input costs, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the quarter ended June 30 2025. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.

INDIANAPOLIS, Aug. 26, 2025 /PRNewswire/ — Calumet, Inc. (NASDAQ: CLMT) (“Calumet, “”we,” “our” or “us”) provided an update regarding the recent U.S. Environmental Protection Agency (EPA) decision on small refinery exemptions and the expected impact on our Renewable Identification Number (“RINs”) balance sheet accrual.

On Friday, August 22, the EPA notified Calumet that we were successful in receiving full or partial exemptions on every petition that was filed by the Company from 2019 through 2024.  With Friday’s decision, the Company’s prior 2019-2024 RIN balance sheet accrued liability of 396 million RINs is expected to be reduced to 89 million RINs, of which 57 million are of 2022 and 2023 vintage, and 32 million are 2024.  We are studying the decision details and will seek additional information from the EPA regarding this residual.

“The recent EPA ruling under the Trump administration goes a long way to cleaning up the historical industry backlog,” said Todd Borgmann, CEO. “For Calumet, the actions remove the majority of our historic RIN obligation.  Further, the decision provides additional clarity for the renewable fuels industry and brings us one step closer to a properly functioning renewables market.  We applaud the EPA for this meaningful step and its support for the critical role that small refiners and biofuels play in America’s energy independence.”

About Calumet

Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.

Cautionary Statement Regarding Forward-Looking Statements  

Certain statements and information in this press release may constitute “forward-looking statements.” The words “will,” “may,” “intend,” “believe,” “expect,” “outlook,” “forecast,” “anticipate,” “estimate,” “continue,” “plan,” “should,” “could,” “would,” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. The statements discussed in this press release that are not purely historical data are forward-looking statements, including, but not limited to, the statements regarding (i) demand for finished products in markets we serve, (ii) our expectation regarding our business outlook and cash flows and (iii) our expectation that certain RINs will be removed from our balance sheet as a result of the EPA’s recent SRE decisions. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. All comments concerning our current expectations for future sales and operating results are based on our forecasts for our existing operations and do not include the potential impact of any future acquisition or disposition transactions. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause our actual results to differ materially from our historical experience and our present expectations or projections. Known material factors that could cause our actual results to differ materially from those in the forward-looking statements include: the overall demand for specialty products, fuels, renewable fuels and other refined products; the level of foreign and domestic production of crude oil and refined products; our ability to produce specialty products, fuel products, and renewable fuel products that meet our customers’ unique and precise specifications; the marketing of alternative and competing products; the impact of fluctuations and rapid increases or decreases in crude oil and crack spread prices, including the resulting impact on our liquidity; the results of our hedging and other risk management activities; our ability to comply with financial covenants contained in our debt instruments; the availability of, and our ability to consummate, acquisition or combination opportunities and the impact of any completed acquisitions; labor relations; our access to capital to fund expansions, acquisitions and our working capital needs and our ability to obtain debt or equity financing on satisfactory terms; successful integration and future performance of acquired assets, businesses or third-party product supply and processing relationships; our ability to timely and effectively integrate the operations of acquired businesses or assets, particularly those in new geographic areas or in new lines of business; environmental liabilities or events that are not covered by an indemnity, insurance or existing reserves; maintenance of our credit ratings and ability to receive open credit lines from our suppliers; demand for various grades of crude oil and resulting changes in pricing conditions; fluctuations in refinery capacity; our ability to access sufficient crude oil supply through long-term or month-to-month evergreen contracts and on the spot market; the effects of competition; continued creditworthiness of, and performance by, counterparties; the impact of current and future laws, rulings and governmental regulations, including guidance related to the Dodd-Frank Wall Street Reform and Consumer Protection Act; the costs of complying with the Renewable Fuel Standard, including the prices paid for RINs; our ability to sell, and the prices received for,  Clean Fuel Production Tax Credits; shortages or cost increases of power supplies, natural gas, materials or labor; hurricane or other weather interference with business operations; our ability to access the debt and equity markets; accidents or other unscheduled shutdowns; and general economic, market, business or political conditions, including inflationary pressures, instability in financial institutions, general economic slowdown or a recession, political tensions, conflicts and war (such as the ongoing conflicts in Ukraine and the Middle East and their regional and global ramifications).

For additional information regarding factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including the risk factors and other cautionary statements in our latest Annual Report on Form 10-K and our other filings with the SEC.

We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties, and assumptions that we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. While our management considers these assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Certain public statements made by us and our representatives on the date hereof may also contain forward-looking statements, which are qualified in their entirety by the cautionary statements contained above.

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SOURCE Calumet, Inc.

HYDERABAD, India, Aug. 26, 2025 /PRNewswire/ — According to research report published by DataM Intelligence, “The Circular Economy Market Size valued US$149.86 billion in 2024, is projected to reach US$355.44 billion by 2032, expanding at a robust CAGR of 11.40% from 2025 to 2032.” Global concerns over waste management and resource scarcity are significantly driving the circular economy market, as nations and industries face the dual challenge of rising waste volumes and depleting raw materials.

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With the World Bank projecting global waste to reach 3.4 billion tons by 2050, governments are increasingly promoting recycling and resource efficiency to reduce environmental pressure. The European Union’s Circular Economy Action Plan (2020) is a prime example, focusing on minimizing resource dependency and creating sustainable production cycles across plastics, textiles, and electronics.

Leading corporations are also responding; for instance, Apple announced that over 20% of materials in its products in 2023 were from recycled sources, including rare earth elements, addressing both waste and scarcity concerns. These developments highlight how waste management pressures and resource scarcity are accelerating global investments and adoption of circular economy practices.

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Growing Corporate Adoption of ESG and Sustainability Goals

Growing corporate adoption of ESG and sustainability goals is a strong driver of the circular economy market, as businesses increasingly integrate environmental performance into their core strategies. In 2024, Willis Towers Watson PLC, reported a continued rise in the inclusion of ESG measures in executive incentive plans, highlighting how sustainability has become a top priority for leadership across global markets.

Notably, in Asia-Pacific, the share of leading companies incorporating ESG metrics surged by 14 percentage points, from 63% in 2022 to 77% in 2023, showing a rapid shift toward accountability. This growing focus encourages investments in circular solutions such as recycling, renewable materials, and product life extension.

By linking ESG compliance with executive performance, companies are actively driving the transition toward sustainable business models. As more organizations adopt similar frameworks, the demand for circular economy practices will continue to accelerate worldwide. The circular economy market is gaining momentum as sustainability and ESG goals reshape business priorities. Rising adoption across industries ensures long-term growth, resource efficiency, and reduced environmental impact.

Technological Challenges in Recycling Complex Materials

Technological challenges in recycling complex materials act as a major restraint for the circular economy market. Many products, such as electronics, multi-layered packaging, and composite materials, are difficult to dismantle and recycle efficiently. The lack of advanced sorting and separation technologies often leads to low recovery rates and high processing costs. For instance, recovering rare earth metals from e-waste remains both technically challenging and economically unviable at scale. These limitations slow down adoption and hinder the full potential of circular economy practices.

Development of Circular Packaging Solutions Across Industries

The development of circular packaging solutions across industries presents a significant opportunity for the circular economy market, as businesses look to reduce single-use plastics and shift toward sustainable alternatives. Companies are increasingly adopting recyclable, reusable, and biodegradable packaging to meet both regulatory requirements and consumer demand for eco-friendly products.

 For instance, major FMCG players like Unilever and Nestlé are introducing refillable and reusable packaging models, cutting down waste generation. In the retail sector, brands such as IKEA are exploring compostable and paper-based materials to replace plastics. Similarly, the e-commerce industry is investing in returnable packaging systems to minimize packaging waste.

Governments are also supporting this transition by banning single-use plastics and promoting extended producer responsibility (EPR) programs. The food and beverage industry is another key adopter, with innovations in plant-based and recyclable packaging materials. These shifts create a robust demand for circular packaging technologies and solutions across industries.

Automotive Industry Driving Circular Economy Through Recycling and Secondary Material Adoption

The automotive segment is accelerating the circular economy by setting ambitious recycling and sustainability goals. DENSO has created a Circular Economy Development Division with the mission of achieving 90% vehicle weight recycling, focusing on turning end-of-life vehicles (ELVs) into raw materials for new cars, thus enabling a true Car-to-Car circular economy.

Similarly, the BMW Group has made circularity a strategic pillar of its product development, with an emphasis on increasing the use of secondary materials. This approach not only helps the company reduce its dependence on critical raw materials but also lowers CO₂e emissions across the supply chain.

By cutting reliance on primary raw material extraction and processing, BMW is addressing both environmental and social challenges. These efforts reflect how leading automakers are embedding circularity into design and production. Such initiatives are creating a closed-loop system in the automotive sector. Collectively, these strategies highlight the industry’s role as a powerful driver of the circular economy market.

North America Accelerating Circular Economy Through Innovation and Industry Collaboration

North America is driving the circular economy market by advancing large-scale initiatives, policies, and innovations that promote sustainability and resource efficiency. In the U.S., the Plastics Pact reported notable progress, with sustainable packaging adoption increasing from 36% in 2021 to 50% in 2023, alongside a rise in post-consumer recycled content to 11%.

Companies are also embracing innovation, with Eastman opening the world’s largest molecular recycling facility in Tennessee to process hard-to-recycle plastics. Consumer goods firms like Kraft Heinz are shifting toward recyclable paperboard packaging, eliminating nearly three million pounds of plastic annually. Regulatory support and corporate ESG commitments further strengthen circular adoption in packaging, automotive, and construction.

The region is also investing heavily in EV battery recycling and secondary material use to reduce reliance on virgin resources. According to the Ellen MacArthur Foundation, circular models could unlock up to USD 1.5 trillion in climate and economic opportunities in North America. These combined efforts demonstrate how government action, corporate responsibility, and innovation are accelerating the shift to a circular economy.

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Conclusion

The circular economy market is rapidly evolving as industries, governments, and consumers collectively push for sustainable solutions. Rising concerns over waste management and resource scarcity are compelling businesses to adopt recycling, reuse, and product life extension strategies. The integration of ESG goals into corporate strategies further accelerates adoption, with companies tying executive performance to sustainability metrics.

Technological innovations, such as molecular recycling and EV battery recovery, are unlocking new opportunities despite challenges in processing complex materials. Circular packaging solutions are reshaping FMCG, retail, and e-commerce sectors by reducing reliance on single-use plastics. The automotive industry, led by players like BMW and DENSO, is embedding recycling and secondary material use into design and manufacturing.

Regional momentum is strong, with North America, Europe, and Asia-Pacific implementing robust policies and infrastructure for circular models. Collaborative initiatives among governments, NGOs, and private corporations are fostering systemic change. Opportunities also arise from digital technologies like IoT and blockchain, enabling transparency and efficiency in resource tracking. Overall, the market is poised for sustained growth, driving both environmental benefits and economic value creation globally.

Related Research Reports Published by DataM Intelligence:

1.      Economy In Automotive Market is expected to reach US$ 75.26 billion by 2032, to Transform Global Mobility with Sustainable Materials and Recycling Innovation

2.      AI, IoT & Blockchain Drive Digital Circular Economy Market Toward US$ 13.84 Billion by 2032

3.      EV Boom Fuels Circular Battery Recycling Market Expansion to US$ 56.07 Billion by 2032

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SOURCE DataM Intelligence 4 Market Research LLP

OSLO, Norway, Aug. 26, 2025 /PRNewswire/ — Hexagon Digital Wave, a subsidiary of Hexagon Composites, has entered into a long-term agreement (LTA) with a premier U.S. Oilfield Services company, to provide exclusive requalification services to their fleet of virtual pipeline trailers. The LTA runs through the end of 2027.

Hexagon Digital Wave utilizes its proprietary Modal Acoustic Emission (MAE) technology to perform in-situ requalification of virtual pipeline trailers. MAE is the most accurate method for the inspection of composite cylinders, ensuring the highest standards of safety and compliance for gas transportation.

“We are proud to partner with this premier Oilfield service company to ensure the reliability and safety of their gas transportation fleet,” said Dr. Brian Burks, President at Hexagon Digital Wave. “Hexagon Digital Wave is committed to providing our customers with superior service where they operate. Operating in key customer geographies minimizes downtime and logistical challenges, allowing us to deliver an even more seamless and efficient customer experience.”

About the market

The growing demand for alternative fuels has led to a significant increase in compressed gas transport. This is driving fleet owners to seek a safe and efficient method for requalification of composite tube trailers, such as virtual pipeline and Mobile Pipeline® modules, required by regulation every five years in North America.

MAE is a non-invasive testing technology that reduces trailer downtime for requalification while simultaneously providing enhanced information about the structural integrity of the composite laminate that cannot be obtained by the legacy method of hydrostatic testing. Hexagon Digital Wave has pioneered MAE technology and completed the requalification of over 800 composite gas distribution trailers across North America.

Contacts:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com

David Bandele, CFO, Hexagon Composites
Telephone: +47 920 91 483 | david.bandele@hexagongroup.com

About Hexagon Digital Wave
Hexagon Digital Wave, a subsidiary of Hexagon Composites, is the leading digital solutions provider of non-destructive testing methods, which include Ultrasonic Examination (UE) and Modal Acoustic Emission (MAE) inspection products and services. With applications in the oil and gas, industrial gas, fire service equipment, medical oxygen, automotive, alternative fuels, and aerospace industries, Hexagon Digital Wave’s goal is to enhance safety in the industries it serves, while simultaneously reducing asset down time.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at hexagongroup.com and follow @HexagonASA on LinkedIn.

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SOURCE Hexagon Composites ASA

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