Author: sHq_LoGiNz

SANDVIKEN, Sweden, May 23, 2025 /PRNewswire/ — Alleima’s Kanthal division and Danieli will supply a pilot-scale electric process gas heater to be installed at Emsteel’s Direct Reduced Iron (DRI) plant in Abu Dhabi, UAE, to electrify a part of their existing heating system. The heater is based on Prothal® DH technology and will be the first electric process gas heater for DRI that Kanthal supplies for commercial use – an important step in the ongoing development project. Delivery is planned for the beginning of 2026.

Emsteel is UAE’s largest steel and building materials manufacturer. The Emsteel plant in Abu Dhabi produces quality long products – heavy sections, bars and wire rods – and features an Energiron DRI plant. By installing a 1-megawatt size electric process gas heater, supplied by Kanthal and Danieli, the company will take another step towards making this low-emission plant even more environmentally friendly.

Prothal® DH has been developed and tested by Kanthal and is now being prepared for commercialization together with the strategic partner Danieli. When fully scaled up, this technology has the potential to completely remove the CO2 emissions from the heating process while enhancing energy efficiency.

“This pilot is an important step in the development and industrialization of full-scale electric process gas heaters for DRI and other ironmaking applications. We’re proud to see that the technology is now being implemented in an end-user production setting, which will enable further opportunities for future sales and commercialization,” says Robert Stål, President of the Kanthal division.

Kanthal and Danieli signed a strategic partnership agreement to develop and industrialize full-scale electric process gas heaters for DRI and other ironmaking applications in 2024. The heating solution is being developed for hydrogen, natural gas and combinations, thereby enabling retrofitting of existing DRI plants. By installing this technology in Energiron hydrogen-ready DRI plants, fully emission-free DRI production can be achieved. Even for natural gas based DRI plants, a more than 30% reduction of CO2 emissions will be achieved when electrifying the heating system.

Sandviken, May 23, 2025
Alleima AB (publ)

Contact details
Emelie Alm, Head of Investor Relations
emelie.alm@alleima.com
Phone: +46 (0) 79 060 87 17
Yvonne Edenholm, Press and Media Relations Manager
yvonne.edenholm@alleima.com
Phone: +46 (0) 72 145 23 42

About Alleima

Alleima, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden, had approximately 6,500 employees and revenues of about 20 billion SEK in about 80 countries in 2024. The Alleima share was listed on Nasdaq Stockholm’s Large Cap list on August 31, 2022 under the ticker ‘ALLEI’. Learn more at www.alleima.com.

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SOURCE Alleima

BEIJING, May 22, 2025 /PRNewswire/ — On the crown of global agricultural heritage, a new jewel has been added. On May 19, news broke from the Food and Agriculture Organization of the United Nations (FAO) that the Zhejiang Deqing Freshwater Pearl Mussel Composite Fishery System, known as the “Deqing Pearl System”, has been added to the Globally Important Agricultural Heritage Systems (GIAHS) list for 2025. It becomes China’s first world-class agricultural cultural heritage project in aquaculture.

Heritage under the Ministry of Agriculture and Rural Affairs, is the earliest-recorded area for freshwater pearl farming. As early as the Southern Song Dynasty, it achieved artificial freshwater pearl cultivation.

At Xiaoshanyang in Fuxi Street, fish glide and mussels nestle with clear water. The leftover fish feed and excrement cultivate plankton algae, which feed the pearl-bearing Mussels and purify the water in return, forming an ecological cycle. FAO expert Aicha Bammoun said the system is a model of combining agricultural wisdom with modern conservation, reflecting the enduring vitality of Chinese agricultural civilization.

In recent years, Deqing has been promoting the “pearl+” full-industry-chain integration. Currently, Deqing’s pearl deep-processing industry generates an annual output value of over 7 billion yuan, accounting for about one-tenth of the national total and providing employment for nearly 20,000 people.

Back in the late 1970s, Deqing began the systematic research on the origin of freshwater pearl farming. After more than 30 years of literature research and field surveys, it produced a series of results like “Proof of the Origin of Large-scale Cultivation of Artificial Pearls in Ancient China”. In June 2017, the system was officially recognized as China’s Important Agricultural Cultural Heritage by the Ministry of Agriculture and Rural Affairs. In September of the same year, Deqing launched the application for GIAHS. In 2019, it entered the GIAHS Preparatory List. In April this year, FAO experts conducted an on-site assessment in Deqing and finally confirmed its inclusion.

“As China’s first GIAHS project in aquaculture, the Deqing Pearl System builds a new bridge for Chinese traditional agricultural wisdom to reach the global stage and has exemplary significance,” said Min Qingwen, head of the Expert Committee on GIAHS under the Ministry of Agriculture and Rural Affairs. He added that the successful heritage application is just the beginning, and continued exploration and promotion of the system’s value are needed.

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SOURCE CCTV+

BEIJING, May 22, 2025 /PRNewswire/ — On the crown of global agricultural heritage, a new jewel has been added. On May 19, news broke from the Food and Agriculture Organization of the United Nations (FAO) that the Zhejiang Deqing Freshwater Pearl Mussel Composite Fishery System, known as the “Deqing Pearl System”, has been added to the Globally Important Agricultural Heritage Systems (GIAHS) list for 2025. It becomes China’s first world-class agricultural cultural heritage project in aquaculture.

Heritage under the Ministry of Agriculture and Rural Affairs, is the earliest-recorded area for freshwater pearl farming. As early as the Southern Song Dynasty, it achieved artificial freshwater pearl cultivation.

At Xiaoshanyang in Fuxi Street, fish glide and mussels nestle with clear water. The leftover fish feed and excrement cultivate plankton algae, which feed the pearl-bearing Mussels and purify the water in return, forming an ecological cycle. FAO expert Aicha Bammoun said the system is a model of combining agricultural wisdom with modern conservation, reflecting the enduring vitality of Chinese agricultural civilization.

In recent years, Deqing has been promoting the “pearl+” full-industry-chain integration. Currently, Deqing’s pearl deep-processing industry generates an annual output value of over 7 billion yuan, accounting for about one-tenth of the national total and providing employment for nearly 20,000 people.

Back in the late 1970s, Deqing began the systematic research on the origin of freshwater pearl farming. After more than 30 years of literature research and field surveys, it produced a series of results like “Proof of the Origin of Large-scale Cultivation of Artificial Pearls in Ancient China”. In June 2017, the system was officially recognized as China’s Important Agricultural Cultural Heritage by the Ministry of Agriculture and Rural Affairs. In September of the same year, Deqing launched the application for GIAHS. In 2019, it entered the GIAHS Preparatory List. In April this year, FAO experts conducted an on-site assessment in Deqing and finally confirmed its inclusion.

“As China’s first GIAHS project in aquaculture, the Deqing Pearl System builds a new bridge for Chinese traditional agricultural wisdom to reach the global stage and has exemplary significance,” said Min Qingwen, head of the Expert Committee on GIAHS under the Ministry of Agriculture and Rural Affairs. He added that the successful heritage application is just the beginning, and continued exploration and promotion of the system’s value are needed.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cctv-a-pearl-of-wisdom-deqings-aquaculture-legacy-gains-global-recognition-302463885.html

SOURCE CCTV+

Company to Relocate Berkeley Headquarters and Operations to Accelerate the Future of Agtech in the Midwest

BERKELEY, Calif., May 22, 2025 /PRNewswire/ — Pivot Bio, one of Fast Company’s World’s Most Innovative Companies and a three-time honoree in TIME magazine’s Best Inventions roundup, today announced another bold step in its growth strategy: the creation of centers of excellence based in the Midwest that will serve as anchors for the company’s scientific and commercial future.

The company’s new footprint will be centered in two hubs:

• Center for Research, Development, Innovation & Operations – A dynamic campus focused on science, product development and manufacturing operations.
    
• Global Headquarters – A central base for the company’s leadership, finance, policy, communications, sustainability, global strategy and impact teams, which will continue driving the Pivot Bio mission.

This move reflects a significant milestone in Pivot Bio’s journey to reimagine the agricultural system through breakthrough science. Since launching its first microbial nitrogen product in 2018, the company’s technology has been adopted on nearly 15 million acres of farmland across North America, and is now in late-stage approval and launch in South America and Africa. The consolidation into these centers of excellence marks an inflection point for Pivot Bio as it scales its operations, strengthens cross-functional collaboration and accelerates the pace of scientific innovation. By aligning its teams more closely with customers and global partners, the company is building a more integrated and efficient operating model — designed to drive growth, unlock new market opportunities and deliver long-term value to shareholders.

Backed by the world’s top investment firms, the company is credited for its nitrogen moonshot and its patented gene-edited microbes that fix nitrogen on grain crops. Most importantly, the company delivered on that moonshot by commercializing this breakthrough in record time and accelerating its market leadership. What was once an idea is now a proven solution that produces and delivers nitrogen fertilizer more cheaply and effectively than traditional sources, improving resilience and performance of crops. 

“The Midwest has always been the heart of American agriculture, and it’s where many of our earliest customers and most trusted partners are based. As we scale, this region offers a strong center of gravity — rooted in the realities of the farm but connected to global opportunity,” said Chris Abbott, CEO of Pivot Bio.

“We’ve spent the past year evaluating how and where we work best together and what we need to achieve our future growth plans. A number of our team members from Berkeley will be relocating to help lead this next chapter. Throughout history, the most transformative technology companies have fueled innovation by placing R&D, manufacturing and leadership side by side. When those teams collaborate in real time, it creates a flywheel of insight, invention and execution. That’s exactly the environment we’re building — one that strengthens collaboration, accelerates impact and positions Pivot Bio to lead the future of ag innovation from the field to the world.”

The new structure is designed to promote tighter collaboration, faster decision-making, and greater use of emerging technologies such as artificial intelligence and machine learning. Together, these efforts aim to speed up product development and placement to deliver even greater value to growers.

As Pivot Bio expands into new crops like cotton and sorghum, and continues to scale globally, the company remains focused on helping farmers grow more with less, while building a more sustainable and resilient global food system.

“We’re building a future where farmers have access to the most advanced tools in agriculture. These centers of excellence will enable us to continue to build one of the most exciting platforms in agriculture,” Abbott said.

The company will begin transitioning its operations, including relocating from its current facility in Berkeley, California.

The company expects to add new jobs to its chosen locations. In recent years, Pivot Bio has expanded its presence in St. Louis, Missouri; Wayzata, Minnesota; and São Paulo, Brazil.

“Our roots in Berkeley have played an important role in shaping Pivot Bio into the company it is today, and we’re deeply proud of the people and the work that’s been done here,” said Karsten Temme, co-founder and chief innovation officer of Pivot Bio. “As we look to the future, we want to build an environment that supports deeper integration across our teams and unlocks the full potential of our innovation platform. This includes placing our teams in the ag innovation corridors, closer to customers and partners in the most important agricultural regions.”

Pivot Bio is currently evaluating multiple opportunities, focused on advancing its mission, ensuring access to top talent and supporting continued growth in service to farmers across the U.S. and around the world.

About Pivot Bio

Pivot Bio, one of the world’s leading innovative agtech companies, delivers to farmers patented crop nutrition technologies that harness the power of nature to reliably and productively grow the food the world needs in the face of increasing volatility. 

Currently available in North America and soon in Brazil, the company’s products are a breakthrough innovation and one of the agriculture industry’s most promising climate solutions. Pivot Bio has been recognized three times by TIME magazine on its annual list of best inventions, by Fast Company on its World Changing Ideas and World’s 50 Most Innovative Companies lists, by CNBC on its Disruptor 50 list of private companies, by Fortune on its Impact 20 list of startups driving social good and by MIT Tech Review as one of 15 climate tech companies to watch. 

For more information, visit pivotbio.com 

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SOURCE Pivot Bio, Inc

– Beaver Hollow Wellness has withdrawn its nominees for election to 
the Company’s Board of Directors, thus ending the proxy contest –

– Vote now on the Company’s BLUE proxy card to have your vote counted –

ELMA, N.Y., May 22, 2025 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products, today announced that on May 22, 2025 Beaver Hollow Wellness LLC notified the Company that Beaver Hollow was withdrawing its four nominees for election to the Company’s Board of Directors. The withdrawal of Beaver Hollow’s nominees is not the result of any concessions by the Company or negotiated settlement with Beaver Hollow.

Due to the limited time between Beaver Hollow’s withdrawal of its nominees and the June 3, 2025 Annual Meeting, we are not able to provide shareholders a revised proxy card that does not include the withdrawn nominees.  Shareholders who wish to vote on the election of directors and other proposals to be considered at the Annual Meeting should vote on the Company’s BLUE proxy card or voting instruction form.

For shareholders who have already voted on the Company’s BLUE proxy card for the Company’s nominees — Brent D. Baird, William F. Farrell, Jr., Karen L. Howard, Christopher M. Marks and Evan H. Wax — there is no need to vote again. Your previous vote will count.

Beaver Hollow has stated that proxies previously received on the white universal proxy card will be delivered to the Company and voted as instructed unless they are revoked. However, Beaver Hollow will not vote any further proxies received from shareholders after the date Beaver Hollow withdrew its nominees.

Any votes cast for the withdrawn nominees using either the BLUE or white proxy card will be disregarded and not be counted.

All shareholders are encouraged to review the Company’s proxy statement for more complete information with respect to the Annual Meeting. If you have already submitted your proxy card, you have the power to revoke it at any time before it is exercised as provided under the “Question and Answers About the Proxy Materials and the Annual Meeting” section of the proxy statement.

Shareholders who have any questions or need assistance voting may contact the Company’s proxy solicitors, Georgeson, LLC, toll-free at 866-807-2911.

ABOUT SERVOTRONICS

Servotronics designs, develops, and manufactures servo controls and other components for various commercial and government applications including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications at its operating facilities in Elma and Franklinville, New York.

SERVOTRONICS, INC. (SVT) IS LISTED ON NYSE American

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SOURCE Servotronics, Inc.