FORNEBU, Norway, Aug. 22, 2025 /PRNewswire/ — On 6 June 2025, an extraordinary general meeting of Aker Horizons ASA (the “Company“) resolved to reduce the Company’s share capital from NOK 690,348,751 to NOK 6,903,487.51 by reducing the nominal value per share from NOK 1 to NOK 0.01

The creditor notification period for this share capital reduction expired on 22 July 2025. Today, 22 August 2025, the share capital reduction was registered with the Norwegian Register of Business Enterprises.

As a result, the share capital of the Company is now NOK 6,903,487.51 divided into 690,348,751 shares, each with a nominal value of NOK 0.01.

For further information:

Investor Relations: Jonas Gamre
Mobile: +47 97 11 82 92
E-mail: jonas.gamre@akerhorizons.com 

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

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SOURCE Aker Horizons

HONG KONG, Aug. 22, 2025 /PRNewswire/ — A Paradise Acquisition Corp. (Nasdaq: APADU) (the “Company”) today announced that, commencing August 27, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units.

No fractional rights will be issued upon separation of the units and only whole rights will trade. The Class A ordinary shares and rights that are separated will trade on The Nasdaq Global Market under the symbols “APAD” and “APADR,” respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol “APADU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and rights.

A registration statement on Form S-1 (File No. 333-287505) (the “Registration Statement”) relating to the securities sold in the initial public offering, as amended, was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 29, 2025. The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC,  Attention: Prospectus Department, 3 Columbus Cir, New York, NY 10019, or by email at capitalmarkets@cohencm.com, or by accessing the SEC’s website, www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About A Paradise Acquisition Corp.

A Paradise Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. A Paradise Acquisition Corp. intends to focus on businesses in the leisure and entertainment sector.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds and search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

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SOURCE A Paradise Acquisition Corp.

NEW YORK, Aug. 22, 2025 /PRNewswire/ — Expert Consumers has recognized Qustodio as the best YouTube safety app, following an in-depth evaluation of its capabilities to help families manage, monitor, and protect their children’s YouTube activity across devices.

Best YouTube Safety App

  • Qustodio – a parental control app that helps families navigate digital life by offering real-time monitoring, content filtering, location tracking, and detailed reporting tools from one simple dashboard.

This article contains affiliate links. A commission may be earned from qualifying purchases made through these links, at no additional cost to the buyer.

Meeting the Real Concerns of Today’s Digital Parents

Today’s children are part of the first generation to grow up entirely in the digital age. Internet access is constant, screen time is rising, and platforms like YouTube have become deeply embedded in everyday life. While technology offers educational and social benefits, it also introduces risks that are difficult for many families to manage without support.

Reports show that nearly half of all online exploitation victims are between the ages of 12 and 15. Studies have also noted a 50 percent increase in severe depression among teenagers since 2010, a period that coincides with the widespread adoption of smartphones. In addition, 33 percent of children report experiencing cyberbullying, while 42 percent have been exposed to explicit content online. These trends have created urgent demand for tools that help parents navigate digital risks.

Managing YouTube Usage in a Digital Environment

As more children gain access to smartphones and tablets, concerns around screen time, content exposure, and risky interactions have become everyday challenges. YouTube remains one of the most-used platforms among kids, making it a top concern for families. Qustodio’s YouTube feature is built to meet that need, offering real-time visibility into what children watch and search, on both the app and browser, across iOS, Android, Mac, and Windows.

The Qustodio dashboard provides access to YouTube activity data, including viewing history and search behavior, with options to set usage limits or restrict access. The platform also includes broader functionality such as app and website blocking, screen time scheduling, and internet pause controls. These tools are supplemented by automated reports and AI-generated alerts that identify potential risks based on usage patterns.

One of Qustodio’s standout strengths is its simplicity. After choosing a plan, the onboarding process walks parents through setup step by step. Once activated, all connected devices appear in a clean dashboard with real-time data on usage, location, and screen activity. Controls can be adjusted at any time without needing to physically access the child’s device.

Many parental control apps are also easy for children to disable or uninstall. Qustodio has implemented a tamper-resistant system that requires parent authentication to remove the app or alter monitoring settings. This feature helps maintain consistent protection across devices and addresses one of the most common concerns among families using digital safety tools.

Parental Control Functions with Built-In Safeguards

Qustodio is built with flexibility in mind. Each child can have their own set of rules, whether it’s limiting access to games during school hours or setting stricter screen limits for younger siblings. Per-child customization allows families to adapt controls based on age, personality, and routine. Both parents can access the account and manage settings remotely from any device.

For families who need more than just app blocking, Qustodio includes a comprehensive set of safety tools. Parents can track a child’s location in real time, view location history, and receive alerts when a child enters or leaves a designated area through geofencing. SMS and call monitoring is also available on Android and iOS, enabling families to detect suspicious conversations and block unwanted contacts.

The platform’s AI capabilities go beyond basic notifications. Qustodio can detect concerning behavior, such as repeated searches for violent content or unusual screen time spikes, and flag them for review. These features help parents stay ahead of potential issues while still encouraging healthy digital habits.

Qustodio comes in a Free version that provides access to essential features such as screen time limits and basic web filtering, ideal for families with one child or device.

For more comprehensive coverage, families can upgrade to Qustodio Premium. The Basic plan adds app blocking, location tracking, and extended activity history for up to five devices. The Complete plan includes all of Qustodio’s features, such as YouTube and social media monitoring, call and message tracking, AI-powered alerts, and support for unlimited devices. All plans come with access to real-time dashboards, email reports, and remote management tools.

Insights from Families and Practitioners

Parents using Qustodio often describe the app as a much-needed solution in today’s digital parenting landscape. One parent said the app brought peace of mind after struggling to keep up with her kids’ device use. Another shared how Qustodio helped her family restore screen-time balance without constant arguments. Child psychologist Marc Masip encourages parents to use Qustodio to address screen addiction and build healthy routines. Holistic psychologist Dr. Nicole Beurkens has recommended the app to families for years with great success.

Qustodio works with the most popular platforms: Windows, Android, iOS, Mac, and Kindle. Everything is controlled through a single dashboard that updates in real time. This gives parents the ability to manage all devices from anywhere.

According to Expert Consumers, Qustodio was recognized for its effective YouTube parental controls, adaptable settings for individual children, and ease of use across devices. As digital environments become more complex, tools like Qustodio offer practical support for families navigating screen time, online safety, and day-to-day tech use.

Read the full review at Expert Consumers.

This article contains affiliate links. A commission may be earned from qualifying purchases made through these links, at no additional cost to the buyer.

About Qustodio

Qustodio is the world leader in online safety and digital wellbeing for families. Since 2012, the company has delivered a cross-platform solution for families and schools, helping over 8 million families protect children from online harm, while promoting healthy digital habits and awareness. Available in over 180 countries in 9 languages, Qustodio’s digital wellbeing tools help families live and navigate smarter in an increasingly connected world. In 2022, Qustodio became part of the Qoria group, protecting every child’s digital journey through a world-class collaboration between schools, parents, and educators in cyber safety. Visit www.qustodio.com for more information.

About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.

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SOURCE ExpertConsumers.org

Delta Electronics Foundation Aims to Conserve 300 Coral Species Over the Next Five Years

TAIPEI, Aug. 22, 2025 /PRNewswire/ — The Delta International Coral Restoration Symposium was held yesterday (21st) at the National Museum of Marine Biology and Aquarium in Pingtung. The two-day conference invited 12 top conservation institutions, including the International Union for Conservation of Nature, the world’s largest nature conservation organization, and the Mote Marine Laboratory in the United States, an international authority on marine ecology research. 14 scholars from 8 countries shared in-depth information on the latest application trends such as AI coral survey mechanisms and large-area imaging of corals to build digital twins. The seminar focused on practical applications and technology, and for the first time showcased the latest results of Delta’s collaborative robot solutions in assisting the cultivation of heat-resistant corals, demonstrating the innovative practice of combining technology with ecological restoration.

Shan-Shan Guo, Vice Chairman of Delta Electronics Foundation said, “Since 2023, ongoing global marine heatwaves have caused bleaching of 84% of coral reefs across 82 countries. Delta is committed to coral restoration through volunteers and its own technology, and has restored 10,000 corals to date. Over the next five years, we plan to conserve around 300 coral species, over half of those found in the Pacific Ocean, to help tackle severe marine ecological challenges. We are also actively connecting with conservation partners around the world. The first Delta international symposium aims to promote exchange and collaboration on technological applications, AI technology, and biodiversity quantification, injecting more innovative momentum into coral conservation.”

Chang-Feng Dai, Chief Consultant of Delta’s coral restoration project and a pioneer in Taiwanese coral research, said, “Delta is leveraging the power of its business and foundation to promote the use of technology in ecological conservation, connecting Taiwan’s research and restoration perspectives with the international community. This symposium, combining innovative technologies with practical conservation work, provides an excellent platform for international exchange. We hope it will foster deeper cross-border collaboration on coral restoration in the future.”

Dr. Jason Spadaro of the Mote Marine Laboratory who attended the 2024 Convention on Biological Diversity meeting with the Delta Electronics Foundation, stated that AI can assist in coral surveys, such as determining coral cover in a habitat and suitability for transplantation. Dr. Stuart Sandin of the University of California, San Diego, noted that using large-area imaging technology to collect large amounts of coral images and create 3D models will help scientists study coral ecological changes in a digital twin environment, providing a basis for conservation and restoration. Thomas Brooks, Chief Scientist of the IUCN, will discuss reducing the risk of species extinction with participating experts.

The symposium focused on both theory and practice. Currently, the heat-resistant corals cultivated by Delta and the National Museum of Marine Biology and Aquariums can maintain 50% photosynthetic efficiency at temperatures as high as 37°C. To identify more heat-resistant coral genes, Delta has introduced collaborative robot solutions surpassing the limits of traditional manual operation. Experiments using a tank-hopping method to increase temperature are accelerating the research process for different heat-resistant coral species and improving the efficiency and quality of coral restoration. The 8K documentary “the Coral Gardeners” was also screened during the conference. Through images and sharing with global marine conservation experts, Delta shares the story of how its technology is being used in coral restoration.

The Delta International Coral Restoration Symposium, co-hosted by the Delta Electronics Foundation and the Taiwanese Coral Reef Society, attracted numerous internationally renowned conservation organizations. Other participants included the Australian Institute of Marine Science (AIMS), James Cook University (JCU) Australia, the Scripps Institution of Oceanography, University of California San Diego (UCSD-SIO), Tropical Marine Science Institute (TMSI) National University of Singapore, the Coral Triangle Center (CTC) Indonesia, the Nature Conservation Society of Japan (NACS-J), and the Coral Conservation Society of Japan (also known as Sea Growth). Over the two-day conference, experts and practitioners from the National Museum of Marine Biology and Aquarium, the National Museum of Marine Science and Technology and private conservation groups will share first-hand coral restoration experiences.

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SOURCE Delta Electronics, Inc.

FORNEBU, Norway, Aug. 22, 2025 /PRNewswire/ — Reference is made to the extraordinary general meeting in Aker Carbon Capture ASA (under liquidation) (the “Company”) held on 5 August 2025 where it was resolved to liquidate the Company.

The Company’s Board of Directors has in accordance with section 16-6 of the Norwegian Public Limited Liability Companies Act prepared a liquidation balance sheet as of 31 July 2025. The liquidation balance sheet has been audited by the Company’s auditor. Both the balance sheet and the auditor’s report are attached hereto. The liquidation balance sheet and the auditor’s report will also be distributed to the shareholders of the Company prior to final liquidation and is also available at the Company’s registered office as required by the Norwegian Public Limited Liability Companies Act.

Contact:
Media and Investors:
Mats Ektvedt
Mobile: +47 41 42 33 28
E-mail: mats.ektvedt@corporatecommunications.no

This information is published in accordance with the disclosure requirements set out in the Norwegian Securities Trading Act section 5-12.

About Aker Carbon Capture ASA 

Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. A Joint Venture between SLB and Aker Carbon Capture, SLB Capturi, was established in June 2024 with SLB owning 80% and Aker Carbon Capture ASA indirectly owning 20% through its subsidiary, Aker Carbon Capture AS. In May 2025, Aker Carbon Capture ASA and Aker ASA announced an agreement whereby Aker, through a subsidiary of Aker Capital AS, acquired the 20% ownership interest in SLB Capturi AS held by Aker Carbon Capture ASA’s subsidiary Aker Carbon Capture AS. 

Following the completion of the transactions with SLB in 2024 and Aker in May 2025, Aker Carbon Capture ASA no longer engages in any investment or operational activities, nor is it expected that the Company will resume such activity or other activities.

To date, NOK 5.2 billion in cash has been returned to shareholders. In August 2025, the Extraordinary General Meeting resolved to initiate the liquidation of the company, with remaining funds to be distributed as liquidation dividends.

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SOURCE Aker Carbon Capture ASA

HYDERABAD, India, Aug. 22, 2025 /PRNewswire/ — According to DataM Intelligence study, “The Blue Ammonia Market size was US$ 216.7 million in 2024 and is expected to reach US$ 6,225.0 million in 2032 growing at a CAGR of 51.6% during the forecast period (2025-2032)”.

The blue ammonia market growth is fueled by increasing commitments to reduce greenhouse gas emissions, with countries and industries adopting blue ammonia as a bridge solution to achieve sustainability goals. For instance, Japan and South Korea, two energy-import-dependent nations, are actively developing infrastructure to import blue ammonia to decarbonize their energy systems. Japan, in partnership with Saudi Aramco and SABIC, imported 40 tons of blue ammonia for co-firing in power plants, showcasing its early adoption in energy transitions.

North America is emerging as a leading hub for blue ammonia production, driven by abundant natural gas reserves, advanced CCS infrastructure, and supportive policies. The United States, leveraging the Inflation Reduction Act (IRA), offers significant tax incentives for CCS projects, making blue ammonia production economically attractive. Companies like CF Industries and ExxonMobil are investing in large-scale blue ammonia projects, including a US$ 200 million plant in Louisiana, which aims to meet domestic and export demands.

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Impact of Carbon Capture Technology Advancements on the Blue Ammonia Market

Blue ammonia relies on capturing and storing the carbon dioxide (CO2) generated during production, ensuring a low-carbon footprint while utilizing existing natural gas resources.

Innovations in carbon capture technologies have improved efficiency, reduced costs, and expanded the scalability of these systems, making blue ammonia a competitive and sustainable solution.

Modern carbon capture technologies, such as advanced solvent-based systems and solid sorbents, significantly enhance the ability to trap CO2 during ammonia production. For example, Shell’s CANSOLV technology has demonstrated high efficiency in capturing CO2 from industrial processes, reducing emissions while maintaining production output. These advancements ensure that blue ammonia can be produced at scale without imposing excessive costs on producers.

The development of integrated carbon capture and storage (CCS) projects further drives the market by providing practical and commercial solutions for CO2 management. Facilities like Norway’s Longship project and the UAE’s Al Reyadah initiative are pioneering large-scale CCS implementation. These projects serve as proof-of-concept models, demonstrating how captured CO2 can be safely transported and stored, facilitating the growth of blue ammonia production.

Moreover, research into utilizing captured CO2 rather than merely storing it opens additional opportunities for blue ammonia.

For instance, CO2 captured during ammonia production can be converted into useful by-products such as synthetic fuels or carbonates, providing additional revenue streams and increasing the economic appeal of blue ammonia projects.

The declining cost of carbon capture systems also plays a pivotal role. In the U.S., the Petra Nova project showed that advancements in capture technology could bring down operational costs, enhancing the commercial viability of blue ammonia. Similarly, Japan and Australia’s hydrogen and ammonia collaborations leverage cutting-edge CCS systems to optimize production for export markets.

Declining Renewable Energy Costs Favor Green Ammonia Over Blue Ammonia

Competition from green ammonia significantly restrains the blue ammonia market, as green ammonia offers a fully carbon-neutral production process by utilizing renewable energy and water electrolysis, avoiding the need for fossil fuels and carbon capture systems.

With the declining costs of renewable energy and increasing global emphasis on sustainability, green ammonia is becoming a more attractive alternative for industries and governments, particularly in regions with abundant renewable energy resources.

One of the primary challenges is the growing competitiveness of green ammonia in terms of production costs. Renewable energy prices, particularly for solar and wind, have dropped significantly in the past decade.

For example, the International Renewable Energy Agency (IRENA) reports that the cost of solar photovoltaic power decreased by 85% between 2010 and 2022. This reduction has made green ammonia production increasingly cost-effective in countries like Australia and Chile, where large-scale green ammonia projects, such as Fortescue Future Industries’ green hydrogen and ammonia initiative, are being developed.

These projects are leveraging low-cost renewable power to produce green ammonia, creating a strong competitive edge over blue ammonia.

Thus, the competition from green ammonia, driven by declining renewable energy costs, policy preferences for carbon-neutral technologies, and significant investments in green ammonia projects, restrains the blue ammonia market.

Decarbonization Goals and Strategic Alliances Fuel Asia-Pacific Blue Ammonia Growth

Asia-Pacific Blue Ammonia market is growing at a CAGR of 62% from 2025 to 2032. Driven by a growing interest to renewable energy initiatives and industrial decarbonization efforts throughout the region. Prominent nations such Japan, South Korea, and Australia lead in blue ammonia production, utilizing their huge natural gas reserves and sophisticated technologies, notably carbon capture and storage (CCS).

Governments are progressively implementing laws and incentives to diminish carbon footprints and advance clean energy technologies. Japan has pledged to attain carbon neutrality by 2050, with ammonia identified as a crucial element of its decarbonization strategy. Consequently, Japan is investigating ammonia as a viable alternative energy source, specifically for power generating and maritime fuel applications. Australia is investing in blue ammonia to reduce greenhouse gas emissions, especially in the energy and transportation industries.

China, a significant regional actor, has concentrated on renewable ammonia production owing to its poor proficiency in carbon capture and storage technologies and dependence on coal. In 2022, China’s low-emission ammonia manufacturing predominantly focused on renewable ammonia, generated through electrolysis fueled by renewable energy sources.

The nation’s policy framework for carbon capture and storage (CCS) is inadequately developed, and its natural gas reserves are insufficient to satisfy the increasing demand for blue ammonia. Although China has launched multiple CCUS demonstration projects, only a limited number pertain to hydrogen production and blue ammonia, highlighting the obstacles it encounters in the widespread implementation of this technology.

China’s recent intention to purchase blue ammonia from nations such as Saudi Arabia indicates a possible transition towards becoming an ammonia importer. Some observers argue that China will emphasize self-sufficiency in ammonia production, particularly in light of the nation’s commitment to food security and its investments in port facilities to facilitate ammonia exports.

This strategy may establish China as a net exporter of renewable energy in the future, supported by substantial investments in overseas initiatives, such as a US$ 6.75 billion renewable hydrogen and ammonia facility in Egypt’s Suez Economic Zone and renewable ammonia projects in Morocco and Brazil. These enterprises might fulfill China’s increasing ammonia demand while enhancing its footprint in international markets.

India is playing a pivotal role in the Asia-Pacific blue ammonia sector, establishing significant partnerships to enhance ammonia production. A significant partnership between Indian Renewable Energy firm ACME and Japan’s IHI entails one of the largest contracts for the sale of green ammonia from India to Japan. The collaboration, estimated at US$5 billion, entails the construction of a 1.2 MMTPA green ammonia facility in Gopalpur, Odisha. The project intends to provide 0.4 MMTPA of green ammonia in its initial phase, aiming to bolster Japan’s net-zero promise. This strategic alliance is integral to India’s National Green Hydrogen Mission and underscores the increasing significance of international cooperation in promoting the blue ammonia industry. The initiative signifies a transition towards establishing a resilient value chain in ammonia manufacturing, logistics, and distribution, contributing to emission reductions across many industries in Japan.

The blue ammonia market in the Asia-Pacific region is set for sustained expansion, propelled by technical breakthroughs, governmental regulations, and strategic partnerships. Countries such as Japan, South Korea, Australia, and India are investing in low-carbon solutions, which will likely establish blue ammonia as an essential element of their energy strategy as they strive to decarbonize major industries and achieve sustainability objectives. Nonetheless, obstacles such as legislative discrepancies and the advancement of CCS technology persist as impediments for the sector to fully achieve its potential.

Strategic Partnerships Strengthening Blue Ammonia Market Competition

Several prominent companies in the blue ammonium market are competing to maintain and expand their market share.

The major three companies in the blue ammonium companies hold 46% of the total market in 2024. In 2024, Yara International ASA held the majority of the market share at 17% of the blue ammonium market, followed by CF Industries Holdings, Inc. with 15%, Saudi Basic Industries Corporation (SABIC) with 14%, Saudi Arabian Oil Co. (Aramco), and BASF SE collectively captured 17% of the blue ammonia market, while other companies accounted for 37% of the market share.

Majority of the companies are expanding their presence through wide partnerships and collaborations. For instance, on June 29, 2023, BASF and Yara Clean Ammonia are partnering on a feasibility study to develop a world-scale low-carbon blue ammonia production facility with carbon capture on US Gulf Coast.

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Why Choose This Blue Ammonia Market Report

  • Latest Data & Forecasts – Comprehensive, up-to-date market insights and projections through 2032, covering production, transportation, storage, and end-use applications in power generation, agriculture, and industrial sectors.
  • Regulatory Intelligence – Actionable analysis of global and regional policies, carbon reduction targets, CCS incentives, hydrogen economy frameworks, and clean energy mandates driving blue ammonia adoption.
  • Competitive Benchmarking – Evaluate strategies of leading players such as Yara International, CF Industries, SABIC, Aramco, and BASF, alongside emerging innovators investing in large-scale blue ammonia production.
  • Emerging Market Coverage – Special focus on high-growth regions including Asia-Pacific, North America, and the Middle East, highlighting government initiatives, infrastructure investments, and cross-border trade opportunities.
  • Actionable Strategies – Identify growth opportunities, leverage advancements in carbon capture and storage (CCS), optimize supply chain integration, and explore strategic alliances for maximum ROI.
  • Pricing & Cost Analysis – In-depth assessment of production costs, CCS integration expenses, export-import economics, and technology-driven cost reduction trends across regions.
  • Expert Analysis – Insights from industry specialists with proven expertise in clean energy, carbon capture, hydrogen-ammonia value chains, and sustainable industrial transformation.

Related Reports:

  1. Green Ammonia Market is Segmented By Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), Solid Oxide Electrolysis (SOE), By End-User (Transportation, Power Generation, Industrial Feedstock), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Share, Size, Outlook, and Opportunity Analysis, 2024-2032
  2. Ammonia Cracking Catalysts Market is Segmented By Type (Nickel (Ni)-based Catalysts, Platinum Metal Group (PGM)-based Catalysts, Others), By Application (Hydrogen Production, Metal Treatment, Transportation, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2032

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SOURCE DataM Intelligence 4 Market Research LLP

Climate policy analyst Roger Pielke, Jr. reports that the Network for Greening the Financial System (NGFS) central banks adopted an exaggerated climate damage report that claimed huge future damage to the economy, says Friends of Science Society. A new report by Robert Lyman debunks Pembina Institute’s claims about Canada’s oil and gas sector and exposes the frail ‘clean economy’ sector.

CALGARY, AB, Aug. 21, 2025 /PRNewswire/ — In an Aug. 15, 2025, article titled, “Too Big to Fail,” by climate policy analyst Roger Pielke, Jr., he reports that a deeply flawed 2024 economic paper that projected huge economic losses due to climate change, was adopted by the Network for Greening the Financial System (NGFS) central banks for their new “damage function,” says Friends of Science Society. The article in question is “The Economic Commitment of Climate Change,” by Kotz et al. (KLW24) and was published in the high-impact, prestigious journal, Nature. Though other scholars quickly noted flaws in the analysis, NGFS still adopted this paper as the basis of their “damage function.”

The implications are discussed in this article in the Western Standard of Aug. 19, 2025, “Banks and financial institutions now use this for projecting future costs of climate change, thus skewing how society sets policy to respond to climate change.”

Pielke, Jr. also points out that the KLW24 paper also employed the implausible scenario known as Representative Concentration Pathways 8.5 (RCP 8.5). This scenario, widely used in the banking community, has been misdefined for years as the “business-as-usual” case, when it is not. RCP 8.5 is the source of the claim of a “climate emergency.” Pielke, Jr. and his colleague Justin Ritchie continue to expose how the misuse of the RCP scenarios have distorted public policy and perceptions of climate risk. 

Friends of Science Society has issued a number of open letters to the Office of the Superintendent of Financial Services and the Canadian Securities Administrators, alerting them to the implausible distortions of “climate risk” analysis if based on RCP 8.5, and the impossibility of reaching Net Zero.

The province of Alberta is a major oil and gas producer, and the sector was hit hard by job losses and loss of investment during the 2014 downturn in global energy prices. A new report by Pembina Institute titled “Drilling Down; Oil and Gas Jobs in Transition,” claims that reduced employment trends in the oil and gas industry over the last decade were indicative of future trends. The report urges policy changes and legislation to enhance additions to employment in the clean energy sector, claiming that in future, this will cause Canada to prosper.

Retired energy economist, former federal public servant and diplomat, Robert Lyman, debunks such notions in a new Friends of Science Society report titled “The Energy Sector That Enriches Canada and the One That Does Not.” Lyman writes that the Pembina Institute report is “misleading in almost every way.” In an article of six years ago, Lyman wrote that the clean energy sector was about 3% of Canada’s GDP, and is still only 3% of Canada’s GDP today, even after many billions of dollars have been spent by governments promoting it.” Most of the beneficiaries of renewables jobs are in China. 

In that 2019 article “Renewables Jobs – For Other Countries,” Lyman quoted former Prime Minister Stephen Harper as saying, “For the most part, that is the Chinese-American economic relationship. The Chinese sell, the Americans buy, and the jobs move one way – to China.” This is the trend that the Trump Administration is reversing.

In contrast to the Pembina Institute claims, Lyman reports that Alberta’s oil and gas sector continues to provide billions of dollars in revenues and thousands of direct, indirect, and induced jobs. Friends of Science Society produced this short overview video of the report highlights titled, “Drilling Down…Deeper.”

For those interested in the impact of Net Zero ideology on farming and food prices, Friends of Science Society invites you to join them in-person or via live stream for Dr. Joseph Fournier’s presentation on Sept. 25, 2025, in Calgary. Fournier is a well-respected Alberta scientist and prolific author, as well as being a rancher himself. More details on the Friends of Science website.

About
Friends of Science Society is an independent group of earth, atmospheric and solar scientists, engineers, and citizens that is celebrating its 23rd year of offering climate science insights. After a thorough review of a broad spectrum of literature on climate change, Friends of Science Society has concluded that the sun is the main driver of climate change, not carbon dioxide (CO2).

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SOURCE Friends of Science Society

Vector database technology enables intelligent automation in real estate, financial services, and beyond

SAN FRANCISCO, Aug. 21, 2025 /PRNewswire/ — Zilliz, the company behind the open-source Milvus vector database, today announced that leading enterprises are deploying AI agents at scale using Zilliz Cloud as their foundational infrastructure. Companies like Verbaflo.ai and Rexera are transforming business operations through intelligent agents that deliver human-like responsiveness.

The AI agent market is experiencing explosive growth as businesses automate complex workflows while maintaining personalized customer experiences. Zilliz Cloud has emerged as critical infrastructure enabling this transformation, powering conversational AI agents that understand context, retrieve information instantly, and engage in natural dialogue.

AI Agents Reshaping Business Operations

Verbaflo.ai revolutionized real estate with AI agents handling customer inquiries, property management, and communications 24/7 across voice, chat, and email channels. “Zilliz Cloud has become a strategic enabler for our vision of transforming conversational AI across industries,” said Rachit Jindal, Senior AI Engineer at Verbaflo.ai.

Leading AI company Rexera operationalized AI agents at scale for complex closing processes, powered by Zilliz Cloud infrastructure. Their agents process over 10,000 tasks daily and millions of pages monthly, serving 350+ real estate firms.

The Infrastructure Behind Intelligent Automation

As enterprises move beyond simple chatbots to sophisticated AI agents, Zilliz Cloud provides the vector database foundation, enabling agents to understand context and maintain conversation continuity. The platform supercharges AI agent performance at scale, delivering the speed and reliability needed for enterprise deployments.

Organizations looking to deploy intelligent AI agents can learn more about Zilliz Cloud at zilliz.com/cloud or contact us for deployment consultations.

About Zilliz

Zilliz is a US-based global leader building next-generation vector database technologies, helping organizations unlock the value of unstructured data and rapidly develop AI applications. Zilliz offers a fully managed, multi-cloud vector database service powered by open-source Milvus, supporting AWS, GCP, and Azure across 20+ countries.

Headquartered in Redwood Shores, California, Zilliz is backed by leading investors including Aramco’s Prosperity7 Ventures, Temasek’s Pavilion Capital, Hillhouse Capital, and others.

 

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SOURCE zilliz

Partnership makes use of Pivot Bio’s nitrogen-fixing products an eligible practice under SWOF sustainability programs

MINNEAPOLIS, Aug. 21, 2025 /PRNewswire/ — Pivot Bio, one of the most innovative agtech companies in the world, announced a strategic partnership with the Soil and Water Outcomes Fund (SWOF). This collaboration will enable farmers in Indiana and Illinois to use Pivot Bio’s proprietary gene-edited nitrogen-fixing technology, PROVEN® 40 and PROVEN® G3 corn products, while participating in one of sustainable agriculture’s most farmer-friendly programs.

The partnership connects Pivot Bio’s proven solutions with SWOF’s extensive network of partners, including major food and agriculture companies seeking verified environmental outcomes in their supply chains. By incorporating Pivot Bio’s products and reducing usage of synthetic fertilizer, SWOF participants can leverage a biologically fixed nitrogen source to achieve measurable reductions in greenhouse gas emissions and nitrogen runoff, while maintaining or improving yield performance.

“This partnership with SWOF represents a natural evolution of our sustainability program, N-OVATOR®, which is helping to transform nitrogen management in the U.S.,” said Lori Reese, head of commercial sustainability at Pivot Bio. “Replacing a portion of synthetic nitrogen with Pivot’s proprietary biological nitrogen in combination with other SWOF eligible practices, such as reduced tillage and cover cropping, will create unprecedented opportunities for our customers to maximize both environmental impact and economic returns.” 

The collaboration builds on the strong momentum Pivot Bio has built through its sustainability initiatives. Since 2022, Pivot Bio’s N-OVATOR program has paid over $13 million to farmers for verified nitrogen replacement, with 1.4 million acres enrolled in the program in 2024 alone. SWOF’s outcomes-based approach pays farmers an average of $33 per acre for implementing conservation practices. SWOF and Pivot Bio run separate, independent sustainability programs, and growers may participate in only one of these programs for the same acres in a given year.

Last year, farmers using Pivot Bio products typically reduced synthetic nitrogen use by 37+ pounds per acre while achieving a 16% improvement in nitrogen-use efficiency. By selecting SWOF enrollment, growers can unlock revenue streams, turning their environmental impact into measurable economic value.

“Our products already make nitrogen management more predictable and profitable for farmers. Now, through SWOF, they can be rewarded for the water quality improvements and emissions reductions,” said Reese. “This partnership exemplifies how cutting-edge agricultural technology and outcomes-based conservation programs can work together to accelerate the transition to more sustainable farming systems.”

SWOF’s Adam Kiel added, “Fertilizer management is key to achieving emission reductions in agriculture. Providing more solutions to farmers will help achieve meaningful environmental outcomes at scale.”

The partnership takes effect immediately. Pivot Bio products are now available to order for the 2026 season to optimize both agronomic performance and ecosystem service payments.

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.

About the Soil and Water Outcomes Fund
The Soil and Water Outcomes Fund (SWOF) provides financial incentives to farmers for implementing on-farm conservation practices that yield positive environmental outcomes such as carbon sequestration and water quality improvement. SWOF provides new market opportunities and revenue streams for farmers through partnerships with public and private beneficiaries that purchase the environmental outcomes. SWOF has enrolled more than 1.7 million acres across 21 states since 2020. The SWOF is managed by AgOutcomes, a subsidiary of the Iowa Soybean Association.

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SOURCE Pivot Bio, Inc

ATLANTA, Aug. 21, 2025 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, today announced that its board of directors declared a quarterly cash dividend of $2.30 per share. The dividend is payable on September 18, 2025, to shareholders of record on the close of business on September 4, 2025. This is the 154th consecutive quarter the company has paid a cash dividend.

The Home Depot is the world’s largest home improvement specialty retailer. At the end of the second quarter, the company operated a total of 2,353 retail stores and over 800 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

 

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SOURCE The Home Depot

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