Tag: PR Newswire

The Government of Canada has awarded $10M in Federal Support to Help Scale the Carbon 1 Mississauga Facility for Low-Carbon Cement Production

MISSISSAUGA, ON, July 29, 2025 /PRNewswire/ – Carbon Upcycling Technologies (“Carbon Upcycling”), a leader in carbon and resource utilization, and Ash Grove, a CRH Company and one of North America’s leading cement manufacturers, today broke ground on Carbon 1 Mississauga – a Canadian first-of-its-kind commercial carbon capture and utilization facility at Ash Grove’s cement plant in Mississauga, Ontario.

The project will use Carbon Upcycling’s patented technology to permanently sequester CO₂ from the cement kiln and utilize it to transform locally produced industrial byproducts into high-quality, low-carbon supplementary cementitious materials (SCMs). Once operational in 2026, the facility will have the capacity to produce up to 30,000 tonnes of SCMs annually, directly contributing to Canada’s climate and clean manufacturing goals.

In recognition of its innovation and environmental potential, the Carbon 1 Mississauga project has been awarded up to $10 million in federal funding through three key Canadian programs. Carbon 1 Mississauga is supported by Next Generation Manufacturing’s Sustainable Manufacturing Program, the Environment and Climate Change Canada’s Low-Carbon Economy Fund and is receiving advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

“Clean technology, including carbon capture, will play an integral role in our efforts to decarbonize. Projects such as this one present significant economic opportunity for Canadian industry in clean technology, clean energy and decarbonization. We will continue to work with partners across sectors to accelerate the adoption of this kind of technology and ensure Canada is a global leader in carbon capture investments.” – The Honourable Julie Dabrusin, Minister of Environment and Climate Change Canada

“Harnessing advanced digital technologies is key to making manufacturing more sustainable and efficient. The Advanced Manufacturing Cluster, one of Canada’s global innovation clusters, is helping to accelerate environmentally responsible manufacturing processes from coast to coast to coast. These collaborative projects highlight the power of innovation to drive real progress—helping Canada’s manufacturers thrive while supporting our climate goals and enhancing our global competitiveness.” – The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation.

“Carbon 1 Mississauga is a milestone in our journey to build world-leading, domestic supply chains in North America. It will stand as a testament to the shared commitment of our team, our partners at CRH and Ash Grove, and the local community who share our vision for a resilient, clean tomorrow. With this project we’re setting the precedent for a new way forward. One that aligns community, industry and climate, so that we can build local, build better, and most importantly, build today.” – Apoorv Sinha, CEO of Carbon Upcycling

“What we’re launching is more than a new system – it’s a new way forward. This project signals a breakthrough in how we decarbonize one of the world’s most essential industries. We’re proud to build it in Canada, using homegrown talent, partnerships and purpose-driven innovation.” –Serge Schmidt, President of Ash Grove.

The Carbon 1 Mississauga project is being delivered through a multi-stakeholder collaboration. CRH Ventures, the venture capital unit of CRH, has invested in Carbon Upcycling and is playing a key role in scaling the company’s technology.

“This groundbreaking project is a powerful example of what happens when innovators, industry leaders and governments come together with a shared vision. We’re proud to support Carbon Upcycling in bringing scalable, carbon-smart cement solutions to market and to accelerate innovation that drives our industry forward.” – Eduardo Gomez, Head of CRH Ventures.

This initiative will create several permanent skilled jobs in the Ontario region and support additional employment during the construction phase.

About Carbon Upcycling

Carbon Upcycling is a carbon and resource utilization company, strengthening critical cement supply chains for the infrastructure of tomorrow. Its technology offers a productive solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains.

Carbon Upcycling is backed by a syndicate of strategic investors, including Builders Vision, the Business Development Bank of Canada, Climate Investment, Oxy Low-Carbon Ventures, and Clean Energy Ventures, as well as three of the world’s leading cement manufacturers: CRH Ventures, Cemex Ventures, and TITAN Group. Learn more at carbonupcycling.com.

About Ash Grove

Ash Grove, a CRH Company, is one of North America’s leading cement manufacturers, with a legacy of innovation and excellence dating back to 1882. The Company operates 12 world-class cement plants and a vast network of 41 terminals across the United States and Canada. Renowned for its forward-thinking approach, Ash Grove combines technical expertise, robust safety standards, and empowered talent to deliver high performance and better serve our customers.

At Ash Grove, we stand together to reinvent the way our world is built. To learn more about us go to www.ashgrove.com.

About CRH Ventures
CRH Ventures is the venture capital unit of CRH, a leading provider of building materials solutions. With access to CRH’s Venturing and Innovation Fund, CRH Ventures partners with and invests ambitiously and strategically in ConTech and ClimateTech start-ups across the entire construction value chain. For more information visit www.crhventures.com.

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SOURCE Carbon Upcycling Technologies Inc.

MORTON GROVE, Ill., July 29, 2025 /PRNewswire/ — Lifeway Foods, Inc. (NASDAQ: LWAY), a leading U.S. supplier of kefir and fermented probiotic products, today announced that Institutional Shareholder Services Inc. (ISS), a leading independent proxy advisory firm, has recommended that shareholders “DO NOT VOTE” in connection with the ongoing dissident-led consent solicitation.

In its report, ISS concluded that “the dissident has not presented a compelling case for change” and advised shareholders to “DO NOT VOTE” on all proposals put forth by Ludmila and Edward Smolyansky and their aligned group.

“We appreciate ISS’s thorough review and are pleased that their recommendation supports our belief that this consent solicitation is unwarranted, disruptive and not in the best interest of Lifeway shareholders,” said Julie Smolyansky, CEO and Chair of Lifeway Foods.

The ISS analysis noted that:

• Lifeway’s “financial performance has been directionally positive” and its “share price [has] rallied over the preceding year on multiple positive earnings announcements,” with total shareholder return significantly outperforming peers in the Russell 3000 Food Producers Index.
• The dissident group’s critiques “are generally presented without adequate context,” and the dissident group “does not clearly establish how various developments have actually impacted shareholder returns.”
• The dissident group “has not presented a plan should it successfully secure a majority of board seats” for governance or operational improvement.
• The dissident nominees include individuals who previously contributed to governance concerns during their past tenures at the Company.
• “The Lifeway Board and management team remain focused on maximizing shareholder value and will continue to pursue all opportunities to drive additional value,” added Smolyansky. “We encourage shareholders to follow ISS’s guidance and take no action on the consent solicitation.”

About Lifeway Foods, Inc.

Lifeway Foods, Inc., which has been recognized as one of Forbes’ Best Small Companies, is America’s leading supplier of the probiotic, fermented beverage known as Kefir. In addition to its line of drinkable Kefir, the company also produces a variety of cheeses and a ProBugs line for kids. Lifeway’s tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland, South Africa, United Arab Emirates and France. Learn how Lifeway is good for more than just you at lifewayfoods.com.

Important Additional Information

The Company intends to file a proxy statement on Schedule 14A, an accompanying BLUE proxy card and other relevant documents with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies from the Company’s shareholders for the Company’s 2025 annual meeting of shareholders. THE COMPANY’S SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING BLUE PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of the definitive proxy statement, an accompanying BLUE proxy card, any amendments or supplements to the definitive proxy statement and other documents filed by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge by visiting the “Investor Relations” tab of the Company’s website at http://lifewaykefir.com/investor-relations/. The Company may file a consent revocation statement, in which case all references to a proxy statement, proxies, proxy cards and solicitation of proxies referenced in this “Important Additional Information” section and the “Participants in the Solicitation” section below shall be deemed to refer to such consent revocation statement, consent revocations, revocation cards and solicitation of consent revocations.

Participants in the Solicitation

The Company, each of its independent directors (Juan Carlos Dalto, Jody Levy, Dorri McWhorter, Perfecto Sanchez, Jason Scher and Pol Sikar) and certain of its executive officers (Julie Smolyansky, Chief Executive Officer, President and Secretary, and Eric Hanson, Chief Financial and Accounting Officer and Treasurer) are deemed to be “participants” (as defined in Schedule 14A under the Securities Exchange Act of 1934, as amended) in the solicitation of proxies from the Company’s shareholders in connection with matters to be considered at the Company’s 2025 annual meeting of shareholders. Information about the names of the Company’s directors and officers, their respective interests in the Company by security holdings or otherwise and their respective compensation is set forth in the “Information About Our Directors and Executive Officers” section in Part III, Item 10 – Directors, Executive Officers and Corporate Governance of Amendment No. 1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on April 29, 2025 (the “Form 10-K Amendment”), in Part III, Item 11 – Executive Compensation of the Form 10-K Amendment and in the “Security Ownership of Certain Beneficial Owners and Management” section in Part III, Item 12 – Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters of the Form 10-K Amendment. Supplemental information regarding the participants’ holdings of the Company’s securities can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on June 18, 2025 for Julie Smolyansky (available here) and Eric Hanson (available here) and on July 1, 2025 for each of Pol Sikar (available here), Juan Carlos Dalto (available here), Jason Scott Scher (available here), Dorri McWhorter (available here), Perfecto Sanchez (available here), and Jody Levy (available here).

Contact:

Perceptual Advisors
Dan Tarman
Email: dtarman@perceptualadvisors.com

Derek Miller 
Vice President of Communications, Lifeway Foods
Email: derekm@lifeway.net 

General inquiries:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net

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SOURCE Lifeway Foods, Inc.

In 2024, Select treated or recycled 20.0 billion gallons of water, a 9% increase from 2023 while also increasing our environmentally-responsible disposal volumes by 41% from 2023, reflecting our continued progress in expanding our Water Infrastructure segment

Select meaningfully exceeded the annual water recycling and employee safety targets embedded in the Company’s sustainability-linked credit facility for 2024 by 324% and 49%, respectively

Select’s focus on reducing greenhouse gas (“GHG”) emissions resulted in a 8% year-over-year reduction in combined Scope 1 and Scope 2 emissions during 2024

GAINESVILLE, Texas, July 29, 2025 /PRNewswire/ — Select Water Solutions (NYSE: WTTR), a leading provider of sustainable water management and chemical solutions, proudly announces the publication of its 2024 Sustainability Report. This report underscores Select’s unwavering commitment to environmental stewardship, operational excellence, and innovative practices that drive sustainable growth in the energy sector.

John Schmitz, Chairman of the Board, President and CEO, stated, “At Select, sustainability is at the core of what we do, and 2024 marked a year of strong growth and milestones for our business. We significantly expanded our recycling operations and infrastructure asset portfolio in 2024 and signed multiple long-term contracts for the development of additional facilities over the course of 2025 and 2026. Additionally, we continued to make strong progress on our beneficial reuse solutions throughout the year, completing several pilot projects and commencing larger scale reuse pilots to further our efforts to commercially repurpose produced water and reduce the energy industry’s environmental footprint.

“As we reflect on Select’s 2024 achievements, and how these relate to sustainability and environmental performance, we are very encouraged by the progress we continue to make and we are on pace to further advance our stated goals and sustainability endeavors during 2025. We meaningfully exceeded the produced water recycling and safety performance targets associated with our prior sustainability-linked credit facility in 2024, thereby continuing to benefit from an improved cost of capital with our strategic financing partners. Importantly, we have reset the bar for these targets much higher in our new sustainability-linked credit facility, which closed in January 2025, as we continue to prioritize sustainability and safety in our everyday operations. We remain committed to setting the benchmark in sustainable water management solutions, optimizing operations to exceed environmental standards and reinforce our industry leadership. We would like to express great gratitude to our talented and dedicated employees for their relentless commitment to safe and sustainable operations, and to our shareholders and other community stakeholders for their ongoing support,” concluded Mr. Schmitz.

Select’s 2024 Sustainability Report outlines the policies, processes, procedures, and performance by which Select Water Solutions sets and advances its environmental, social, and governance objectives. The report highlights the Company’s dedication to environmental stewardship and its efforts to foster sustainable development within the communities where it operates.

Highlights of Select’s 2024 sustainability report include:

• Select reduced total scope 1 & 2 emissions by 8% from last year’s performance, supported by continued investment in pipeline infrastructure, fleet replacements, Tier-4 upgrades, and other efforts to further reduce emissions.
• Select treated or recycled 477 million barrels (20 billion gallons) of produced water across its operations during 2024, a 9% year-over-year increase.
• Select increased recycled water volumes as a percentage of total water volumes sold by 20% during 2024, thereby reducing the consumption of freshwater resources.
• Select increased environmentally-responsible wastewater disposal volumes by 41% in 2024.
• Select meaningfully surpassed the annual threshold and target levels for both TRIR (49% outperformance) and recycled produced water via fixed facilities (324% outperformance) as outlined in Select’s prior sustainability-linked credit facility.
• Select achieved a lost time incident rate and total recordable incident rate (“TRIR”) of 0.25 and 0.54 respectively.
• In conjunction with its new sustainability-linked credit facility, Select reevaluated and increased its sustainability-linked goals to display further dedication to environmental stewardship.
  • Established a 14% target increase in our recycled produced water volumes at our fixed facilities during 2025, further increasing by 17.5% annually until reaching a 403 million barrel per year target in 2029.
  • Additionally, our TRIR target reduces by approximately 1.5% each year, requiring Select to outperform the industry average TRIR by 35% by 2029.
• Select reduced spill incidents across the board, decreasing chemical spill incidents by 60% and water spills by 18% since 2023.
• Deployed more than 200 miles of the Company’s proprietary TideLine™ lay-flat water transfer hose in order to enhance fluid transfer efficiency, reduce environmental impacts, and decrease operational risks, particularly when transporting produced or treated produced water.
• Efforts to reduce GHG emissions resulted in a 33 thousand metric ton reduction in Scope 1 emissions, while limiting the increase in Scope 2 emissions to 9 thousand metric tons. This increase in Scope 2 emissions is attributed to the Company’s ongoing growth and efforts to electrify operations associated with its additional water infrastructure buildout.

The 2024 Sustainability Report reviews the application of Select’s business principles and supporting policies across its operations. It includes comprehensive discussions with internal and external stakeholders, supplemented by consultations with third-party experts. This report follows the Sustainability Accounting Standards Board (SASB), Sustainable Industry Classification System (SICS) for the Oil & Gas Services, Water Utilities, and Chemicals industries, and the Global Reporting Initiative (GRI) standards. Select is committed to regularly reporting on our ESG policies, procedures, and performance through our website and annual Sustainability Report. Readers are encouraged to view the complete Sustainability Report at https://www.selectwater.com/sustainability/.

About Select Water Solutions, Inc.

Select is a leading provider of sustainable water and chemical solutions to the energy industry. These solutions are supported by the Company’s critical water infrastructure assets, chemical manufacturing and water treatment and recycling capabilities. As a leader in sustainable water and chemical solutions, Select places the utmost importance on safe, environmentally responsible management of water throughout the lifecycle of a well. Additionally, Select believes that responsibly managing water resources throughout its operations to help conserve and protect the environment is paramount to the Company’s continued success.  For more information, please visit Select’s website, https://www.selectwater.com.

Cautionary Statement Regarding Forward-Looking Statements

All statements in this communication other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. We have attempted to identify any forward-looking statements by using words such as “could,” “believe,” “anticipate,” “expect,” “intend,” “project,” “will,” “estimates,” “preliminary,” “forecast” and other similar expressions. Examples of forward-looking statements include, but are not limited to, the expectations of plans, business strategies, objectives and growth, projected financial results and future financial and operational performance, expected capital expenditures, our share repurchase program and future dividends. Although we believe that the expectations reflected, and the assumptions or bases underlying our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause our actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include the risks that the benefits contemplated from our recent acquisitions may not be realized, the ability of Select to successfully integrate the acquired businesses’ operations, including employees, and realize anticipated synergies and cost savings and the potential impact of the consummation of the acquisitions on relationships, including with employees, suppliers, customers, competitors and creditors. Factors that could materially impact such forward-looking statements include, but are not limited to: the global macroeconomic uncertainty related to the Russia–Ukraine war and related economic sanctions; the conflict in the Israel–Gaza region and related hostilities in the Middle East, including heightened tensions with Iran; the ability to source certain raw materials and other critical components or manufactured products globally on a timely basis from economically advantaged sources, including any delays and/or supply chain disruptions due to increased hostilities in the Middle East; actions by the members of the Organization of the Petroleum Exporting Countries (“OPEC”) and Russia (together with OPEC and other allied producing countries, “OPEC+”) with respect to oil production levels and announcements of potential changes in such levels, including the ability of the OPEC+ countries to agree on and comply with supply limitations, which may be exacerbated by the recent Middle East conflicts; the severity and duration of world health events, and any resulting impact on commodity prices and supply and demand considerations; the impact of central bank policy actions, such as sustained, elevated  interest rates in response to, among other things, high rates of inflation, and disruptions in the bank and capital markets; the degree to which consolidation among our customers may affect spending on U.S. drilling and completions activity; changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, the impact of changes in diplomatic and trade relations, and the results of countermeasures and any tariff mitigation initiatives; the level of capital spending and access to capital markets by oil and gas companies, trends and volatility in oil and gas prices, and our ability to manage through such volatility; the impact of current and future laws, rulings and governmental regulations, including those related to hydraulic fracturing, accessing water, disposing of wastewater, transferring produced water, interstate freshwater transfer, chemicals, carbon pricing, pipeline construction, taxation or emissions, leasing, permitting or drilling on federal lands and various other environmental matters; the impact of regulatory and related policy actions by federal, state and/or local governments, such as the Inflation Reduction Act of 2022,  that may negatively impact the future production of oil and gas in the U.S., thereby reducing demand for our services; the impact of advances or changes in well-completion technologies or practices that result in reduced demand for our services, either on a volumetric or time basis; changes in global political or economic conditions, generally, and in the markets we serve, including the rate of inflation and potential economic recession; and other factors discussed or referenced in the “Risk Factors” section of our most recent Annual Report on Form 10-K and those set forth from time to time in our other filings with the SEC. Investors should not place undue reliance on our forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, unless required by law.

 

View original content:https://www.prnewswire.com/news-releases/select-water-solutions-announces-release-of-2024-sustainability-report-302516551.html

SOURCE Select Water Solutions, Inc.

Court denies U.S. motion to dismiss case alleging
Corps failed to mitigate potential damage to religious retreat

FORT LAUDERDALE, Fla., July 29, 2025 /PRNewswire/ — A federal judge today ruled that the nation’s largest Buddhist organization, Soka Gakkai International-USA (SGI-USA), can proceed with its lawsuit against the Army Corps of Engineers challenging the Corps’ massive water reservoir and pumping project that will have a significant adverse impact on SGI-USA’s religious retreat and the ability of its members to freely exercise their religious rights.

In a 13-page written decision, U.S. District Judge William Dimitrouleas denied the Army Corps’ efforts to dismiss the lawsuit filed in December 2024. The lawsuit alleges the Corps failed to adequately evaluate and mitigate the impacts of the massive project on SGI-USA’s decades-old religious retreat facility west of Fort Lauderdale.

SGI-USA’s Florida Nature and Culture Center (FNCC) in West Broward County, founded in 1996, hosts thousands of spiritual members every month for multi-day spiritual retreats. Religious retreat participants come to the FNCC with an expectation of serenity, peacefulness and a welcoming place to engage in their spiritual and religious activities. As part of its own commitment to environmental sustainability, the FNCC has permanently allocated one-third of the property for conservation purposes.

The U.S. Army Corps of Engineers’ planned 1,250-acre C-11 Impoundment Project, a 1.5 billion-gallon artificial lake, directly borders the FNCC. SGI-USA and the FNCC said its experts have determined the project will cause at least a decade of substantial adverse impacts during construction, impacts that will then continue permanently during operation. These impacts, which include vibration, dust, changes to groundwater, wetlands and wildlife, will physically damage the FNCC and disrupt and prevent SGI-USA members from using the FNCC to exercise their spiritual and religious beliefs.

The Army Corps claimed the SGI-USA and FNCC lawsuit was barred by the statute of limitations, arguing that SGI-USA and FNCC could have filed their case as early as 2012 when the Corps first evaluated the environmental impacts of the project. However, SGI-USA and FNCC successfully argued that the project was not funded by Congress until 2022, and the Corps did not make a final decision to proceed with the project until 2023. The Court also allowed SGI-USA and FNCC to proceed with its claim that the adverse impacts of the Corps’ project violate the Religious Freedom Restoration Act by imposing substantial burdens on SGI-USA’s members’ ability to freely exercise their religious beliefs.

In a statement released today, SGI-USA said:

Our aim is to force the Corps to do what it knows the law requires it to do: design, construct and operate the Impoundment based on a full, public and transparent evaluation of the Project’s impacts on the surrounding environment, particularly on the FNCC, which directly borders the Project. The Corps must take into account the safety and sanctity of our property, environment, the spiritual activities of our members and the broader community. We seek a balanced approach that aligns the environmental goals of the Project with the protection of our religious and spiritual activities. 

We remain open to constructive dialogue with the Corps to find solutions that preserve the well-being and environmental, spiritual and property rights of our community.

The lawsuit is Case 24-CV-62452-WPD.

View original content:https://www.prnewswire.com/news-releases/federal-judge-allows-buddhist-lawsuit-to-proceed-against-army-corps-of-engineers-302516518.html

SOURCE Soka Gakkai International-USA

“Driven by National Strategies and Abundant Renewable Resources, MENA Emerges as a Global Leader in Clean Energy Innovation with Major Investments in Solar, Wind, and Green Hydrogen”

BOSTON, July 29, 2025 /PRNewswire/ — According to the latest study from BCC Research, “Renewable Energy Regional Analysis Market: Middle East and North Africa” is projected to reach $59.9 billion by the end of 2030, at a compound annual growth rate (CAGR) of 14.4% during the forecast period of 2025 to 2030.

This report analyzes the renewable energy market in the MENA region, focusing on emerging economies like Saudi Arabia, UAE, Egypt, and Morocco. It covers energy sources such as solar, wind, hydro, and bioenergy, and their use in the residential, commercial, and utility sectors. The study explores market trends, policies, investments, and technologies driving renewable energy growth. Turkey and Israel are excluded to maintain focus on less-developed markets, helping investors, policymakers, and companies identify high-potential opportunities in the region.

This report is particularly relevant today as MENA countries are accelerating their shift to renewable energy to reduce reliance on fossil fuels and meet climate goals. National strategies like Saudi Vision 2030 and UAE Net Zero 2050 are driving major clean energy projects. Falling technology costs and rising electricity demand are making renewables more viable and necessary. Global climate commitments and the push for green hydrogen exports are further boosting momentum. Additionally, growing foreign investment is fueling large-scale renewable developments across the region.

The factors driving the market’s growth include:

Government-led Strategies and Energy Diversification Plans: MENA governments are promoting renewable energy through national strategies aimed at reducing reliance on fossil fuels. These plans include policy reforms, investment incentives, and partnerships to support clean energy development.

Abundant Natural Resources Offering Renewable Energy Potential: The region’s high solar radiation and strong wind conditions make it ideal for renewable energy projects. Countries like Saudi Arabia and Morocco are leveraging these natural advantages to build cost-effective solar and wind farms.

Growing Energy Demand and Electrification of New Sectors: Rising energy needs due to population growth and industrialization, along with the electrification of sectors like transport and water desalination, are driving demand for sustainable power sources like renewables.

Energy Export Goals and the Rise of Green Hydrogen: MENA nations are investing in green hydrogen production to become global exporters of clean energy. This aligns with international decarbonization goals and opens new economic opportunities in energy trade.

Green Hydrogen and Ammonia Production for Export and Domestic Use: Green hydrogen and ammonia are being developed for export and domestic use in power generation, transport, and industry, supporting both economic growth and environmental goals.

Industrial Decarbonization and Renewable-powered Manufacturing: Heavy industry in MENA is transitioning to renewable energy to reduce emissions. This includes using green hydrogen and electrification to power manufacturing processes, helping meet climate targets.

Development of Utility-scale Renewable Energy Projects: Large-scale solar and wind projects are expanding across the region, backed by government and private investment. These projects are crucial for increasing renewable energy capacity and reducing carbon footprints.

Request a sample copy of the renewable energy market in the MENA region report.

Report Synopsis

 

Interesting facts:

• Abundant Solar Potential in MENA: MENA receives 22% to 26% of the planet’s solar radiation. Each square kilometer can generate the equivalent of 1 million to 2 million barrels of oil annually, potentially meeting half of the world’s electricity needs.
• Mohammed bin Rashid Al Maktoum Solar Park: Located in Dubai, this is the world’s largest single-site concentrated solar power (CSP) plant. It boasts a total capacity of 1 GW, with 600 MW from CSP and 400 MW from photovoltaic panels, and can deliver power continuously for 12 hours at night.

Emerging startups:

• Yellow Door Energy
• Enerwhere
• Nour Energy
• Pylon
• Barq EV

The report addresses the following questions:

1.      What is the MENA renewable energy market’s projected growth rate and size?

• The MENA renewable energy market is projected to reach $59.9 billion by the end of 2030, with a CAGR of 14.4%.

2.      Which factors are driving the growth of the MENA renewable energy market?

• Abundant solar and wind resources across the region.
• Government initiatives and national energy transition plans (e.g., Saudi Vision 2030, UAE Energy Strategy 2050).
• Rising energy demand and the need to diversify from fossil fuels.
• International climate commitments and decarbonization targets.
• Investments in utility-scale renewable projects and green hydrogen development.

3.      Which market segments are covered in the report?

• The MENA renewable energy market is segmented based on source, end-user, and country. Sources include hydropower, solar energy, wind energy, bioenergy, and others. End-users include residential, commercial and industrial. National estimates and forecasts are made for Egypt, Morocco, UAE, Jordan, Tunisia, Saudi Arabia, Oman, Algeria, Kuwait, and the Rest of MENA.

4.      Which will be the dominant source through 2030?

• The hydropower segment in the MENA renewable energy market will continue to dominate through the end of the forecast period.

5.      Which country has the largest market share?

• Egypt is expected to dominate the market, with a CAGR of 14.4%, reaching $19.8 billion by the end of 2030. Egypt has emerged as one of the leading players in the MENA region’s renewable energy transition, demonstrating strong political commitment and strategic planning to diversify its energy mix. Historically reliant on fossil fuels, Egypt began pursuing large-scale renewable energy projects as part of its broader Vision 2030 strategy to ensure energy security, attract foreign investment, and reduce greenhouse gas emissions. Solar energy has become a cornerstone of Egypt’s renewable energy agenda. The country benefits from high solar irradiance, up to 3,000 kWh/m² per year in many areas, making it ideal for solar development. Egypt is home to the Benban Solar Park in Aswan, one of the largest solar installations in the world, with a total capacity of 1.8 GW. The park was developed under Egypt’s Feed-in Tariff (FiT) program and has attracted substantial international financing and participation from major global energy players. The success of Benban has positioned Egypt as a model for public-private partnerships in solar infrastructure across the region.

Related reports include:

Renewable Energy: Technologies and Global Markets: This report reviews the global market for renewable energy technologies, focusing on power generation from sources like solar, wind, hydro, geothermal, ocean, and bioenergy. It presents market size in both value and capacity, analyzes trends across technologies, applications, and regions, and includes data from 19 countries. The report also profiles 15 key vendors and briefly touches on secondary uses like heating and lighting, while maintaining a primary focus on electricity generation.

Green Hydrogen: Global Markets: This report explores the global green hydrogen market, segmented by technology, power source, end-use industry, and region. It provides market size in both value and volume, and includes competitive analysis based on company market share and revenue. The focus is on hydrogen production through water electrolysis powered by renewable sources like wind and solar, with emphasis on alkaline and PEM electrolyzer technologies. Hydrogen produced using non-renewable energy sources is excluded. The report also covers market dynamics, emerging technologies, and global industry developments.

Purchase a copy of the report direct from BCC Research.

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

About BCC Research

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

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SOURCE BCC Research LLC

Cox Enterprises taps accomplished marketing strategist and visionary leader to lead its conservation-focused outdoor company, Loop Tackle

ATLANTA, July 29, 2025 /PRNewswire/ — Cox Enterprises today announced the appointment of Jim Coates as chief executive officer of Loop Tackle, a global leader in elite fly-fishing equipment and conservation-focused outdoor gear. He succeeds Gordon Sim, who led the company for more than 12 years and will transition into the new role of chief conservation officer. In this position, Sim will continue to advance Loop Tackle’s strategic vision and deepen its mission to protect wild fish in wild places.

This leadership transition comes as Loop Tackle enters an exciting new chapter under Cox Enterprises, which acquired the company in the fall of 2024 as part of its broader investment strategy in sustainable businesses and technologies. Loop Tackle’s commitment to protecting wild fish populations and pristine rivers aligns closely with Cox’s mission to build a better future through environmental stewardship and innovation.

“Jim has already demonstrated a passion for the business and a remarkable talent for leading the organization’s focus on innovation and new product development,” said Alex Taylor, chairman and CEO of Cox Enterprises. “We want Loop to lead the market in innovation and in connecting customers with more experiences deeper into nature. He and Gordon will work well together.”

With broad experience in sales and marketing, Jim Coates brings a unique combination of operational excellence and brand leadership. Before joining Loop Tackle as president and COO in 2024, he worked as a consultant and held leadership roles at VELUX, where he focused on creating better living environments for people around the world. 

“I’m honored to lead a company whose heritage is so deeply rooted in environmental respect and outdoor passion,” said Coates. “We’ll continue to push boundaries in fly-fishing innovation while doubling down on our mission to protect the rivers and wild fish populations that inspire everything we do.”

Under Sim’s leadership, Loop Tackle expanded its global reach, built lasting relationships within the conservation and angling communities, and became synonymous with performance, craftsmanship, and ecological responsibility. In his new role as chief conservation officer, Sim will continue to shape Loop Tackle’s long-term strategy and mentor the next generation of leaders.

“The strength of Loop lies not just in our gear, but in the community that surrounds it,” said Sim. “Together, we’ve built something enduring, and I look forward to deepening our impact as we continue to protect and preserve the waters that bind us all.”

Founded in Sweden in 1979 by Christer Sjöberg and Tony Karpestam, Loop Tackle has spent decades cultivating a passionate global community of anglers who share a reverence for wild places. Its gear is designed for performance and purpose, helping people connect more deeply with nature and encouraging them to become stewards of the environment. Today, the brand is focused on driving growth in the U.S. and abroad, following the recent launch of its colored Classic reels and with a number of exciting new products in development.

Cox Enterprises’ acquisition of Loop Tackle reflects the company’s commitment to sustainable growth and innovation. As part of its long-term environmental goals, such as achieving carbon and water neutrality by 2034, Cox continues to seek investments that promote environmental wellness and community well-being.

Learn more about Loop Tackle: looptackle.com

About Loop Tackle
Loop Tackle crafts expert fly-fishing gear for adventure in wild places. Its precise Scandinavian designs reflect the company’s belief that when nature is personal, protecting it is instinctual. Founded in 1983 in Nordic waters teeming with wild salmon, the company pioneered innovations like the large arbor reel and the underhand cast, and pushed the boundaries of angling experiences into far flung places from Labrador to Tierra del Fuego. As part of the Cox family of businesses, Loop Tackle is crafting more of the innovative gear Loop anglers appreciate with increasing sustainability for a bigger purpose. To learn more, visit looptackle.com.

About Cox Enterprises
Cox Enterprises is dedicated to empowering people to build a better future for the next generation. Cox is a leader in the broadband, automotive, and media industries, as well as a leading investment platform with strategic positions in emerging technologies driving the future of agriculture, renewable energy and public sector software. Headquartered in Atlanta, Georgia, Cox is a global company with $23 billion in annual revenues and a proud history of over 125 years. To learn more about Cox and its commitment to its people, planet and communities, visit coxenterprises.com.

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SOURCE Cox Enterprises

BAYPORT, Texas, July 29, 2025 /PRNewswire/ — Arkema, a leader in specialty materials, has earned ISCC PLUS certification for acrylic monomers at all of its production sites worldwide, including Carling, France; Clear Lake, Texas (US); Taixing, China; and Bayport, Texas⁽¹⁾ (US). These certifications are part of the company’s global Mass Balance⁽²⁾ offer roadmap. With a globally certified acrylic monomer network, Arkema can support easy, fast and cost-effective lower product carbon footprint projects from customers across the acrylic value chain – with end user solutions in coatings, adhesives, new mobility, building efficiency, living comfort, engineered polymers, leather, textiles, hygiene and water treatment. 

“Arkema is among the first providers to offer local supply of bio-attributed acrylic monomers, using a Mass Balance⁽²⁾ approach, at a truly global scale,” said Hervé Castres Saint Martin, Group President for Acrylic Monomers at Arkema. “By focusing on certification for acrylic monomers at this scale, we are setting the stage for strategic product carbon footprint reduction initiatives through Arkema’s bio-attributed acrylic resins and additives and across the industry acrylics value chain. Our Mass Balance approach will help create economies of scale for more renewable and recycled raw materials.”

These certifications are a key step in the progressive introduction of a global and complete range of bio-attributed⁽³⁾ specialty resins and additives, including high solids, waterborne, UV-LED-EB, and polyester powder materials across many different industries.

For more information, visit our website on mass balance.

(1) American Acryl LP, 50-50 joint venture with Nippon Shokubai.

(2) The mass balance traceability chain is a method used to track the flow of materials through a production system. and attribute the inputs of a production process, to outputs of that production process through certified bookkeeping. This distinct accounting method verifies that the certified feedstock has replaced an equivalent quantity of fossil raw materials at the beginning of the supply chain and can be attributed to the product-to-be-sold, ensuring that both input and output are balanced. [Source ISCC]

(3) A bio-attributed content indicates that the use of a biobased or recycled feedstock has been ascribed using a mass-balance methodology. The bio-attributed content is the % breakdown based on the ISCC+ methodology calculation. [Source Arkema]

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and more sustainable materials. With the ambition to become a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials – Adhesive Solutions, Advanced Materials, and Coating Solutions – accounting for some 92% of Group sales in 2024, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around € 9.5 billion in 2024 and operates in some 55 countries with 21,150 employees worldwide.

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SOURCE Arkema

New brand signals next chapter for firm leading public-private development solutions for California’s housing and health infrastructure needs

LOS ANGELES, July 29, 2025 /PRNewswire/ — Community Development Resource Group (CD-RG), a longtime partner to California’s public agencies, mission-driven developers and housing advocates, has officially rebranded as Brisa Development Partners (Brisa). The name marks a new chapter for one of the most effective teams working at the intersection of public funding and community development in California.

“Brisa represents an evolution of what we’ve built: a high-performing team focused on delivering results in complex environments,” said Kevin Rodin, founder and president of Brisa Development Partners. “California’s challenges when it comes to health and housing require creativity, technical fluency and speed. Our team has a proven ability to deliver on all three.”

Founded in 2015, Brisa is a California-based developer, consultant and impact multiplier. The firm specializes in unlocking public funding and delivering thoughtful projects of varying scale that meets urgent housing and healthcare needs. With nearly $3 billion in public funding secured and over 150 projects supported across more than 20 counties, Brisa has earned a reputation for helping partners move quickly and strategically, from early-stage vision through occupancy.

Brisa leads and supports projects across the full real estate cycle. The firm develops its own affordable housing and health facilities while also partnering with public agencies, nonprofits and other developers to deliver high-impact work. Its services include development consulting, strategic funding stack support, application management for California’s most competitive programs (including AHSC, BHCIP, and HCD), and public-private partnership strategy.

“We’re a small team by design, but we’ve built systems that allow us to deliver big results,” said Frannie Hemmelgarn, Project Director at Brisa. “Whether we’re structuring a multi-layered funding stack or helping a city shape a new behavioral health campus, we show up with creativity and the ability to get it done.”

Notable projects Brisa has supported as development consultant include the Downtown Women’s Center in Los Angeles, Crenshaw Crossing in South L.A., Balboa Reservoir in San Francisco, North Berkeley BART in Berkeley, and Library Court in Santa Cruz. The firm is currently co-developing five Project HomeKey sites and two BCHIP mental health facilities, and it continues to expand its development portfolio. Brisa has 170 units under construction as of today, with an additional 480 units set to break ground in the coming months. Its first project to open will be Hub City Heights: with 40 units of Permanent Supportive Housing in Compton, this new community will welcome residents in August 2025.

To learn more about Brisa Development Partners and how they’re helping communities turn opportunity into impact, visit www.brisa.co.

About Brisa Development Partners
Brisa Development Partners is a California-based developer, consultant, and impact multiplier specializing in affordable housing and behavioral health facilities. Founded in 2015 as Community Development Resource Group, Brisa has secured nearly $3 billion in public funding and supported more than 150 projects across 20+ counties. The firm provides end-to-end project support—from feasibility and funding strategy to application management and development execution—with a focus on helping public agencies and mission-driven organizations navigate complex funding systems and deliver high-impact real estate. Brisa’s work is grounded in public-private partnership, systems-level thinking, and a commitment to neighborhood-scale development that creates lasting community value. Follow along at www.brisa.co.

Media Contact: Sean Billisitz
sean@sidecarpr.com  |  (574) 298-2712

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SOURCE Brisa Development Partners

Disturbing Footage Linked to AEON Supplier Sparks Global Consumer Demand for Change

NEW YORK, July 29, 2025 /PRNewswire/ — Led by the Open Wing Alliance (OWA), a coalition of 95 organizations established by The Humane League, the investigation exposed footage directly linked to an AEON egg supplier. AEON Co., Ltd, one of Asia’s largest holding companies, is under scrutiny after being linked to abuse in the largest-ever global investigation into egg farms in 37 countries.

The footage reveals caged conditions inside AEON’s supply chain, including:

• Piles of dead hens on facility floors
• Hens crammed into filthy, overcrowded cages
• Birds with feather loss and untreated wounds
• Rotting carcasses alongside live animals
• Suffering animals with injuries and illness, including rectal prolapses
• Waste, poor ventilation, and unsanitary conditions

The investigation, conducted in collaboration with We Animals and Reporters for Animals, spans 37 countries and exposes the cruelty of caged egg production. AEON is one of several companies named in the investigation as continuing to source eggs from these dangerous systems, despite consumer concern, public health risks, and an industry shift toward more humane practices. 

“This goes beyond animal cruelty—it’s a matter of public trust,” said Jonathon Tree, Asia-Pacific Regional Manager, OWA. “Consumers and investors are demanding transparency, and AEON’s inadequate response shows just how out of step the company is with global expectations.”

Other global companies like Kewpie, Toridoll, and Nestle have adopted cage-free policies across all markets. AEON continues to profit from sourcing eggs from hens confined in cages and has no public commitment to eliminate them.

“This investigation tells the story of billions of birds confined in human systems around the globe,” said Lisa Amerongen, Managing Director of We Animals. “The footage captured in several countries, including Japan, speaks for itself: systemic neglect, normalized cruelty, and an industry stuck in the past. This story isn’t just about eggs. It’s about truth, transparency, and the cost of convenience.”

With the footage viewed by millions and covered by over 150 media outlets globally, pressure is on AEON to respond. The OWA urges the company to immediately publish a global, time-bound cage-free commitment in line with increasing animal welfare expectations and international food safety standards.

For information, visit RealCostofEggs.com. View footage and raw footage from AEON’s supplier. Explore the press kit and visit OpenWingAlliance.org.

Media Contact:
Karen Hirsch
398738@email4pr.com
678-469-8675

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SOURCE The Open Wing Alliance

CEWD’s call for jobseekers underscores energy careers as rewarding paths for every background

WASHINGTON, July 29, 2025 /PRNewswire/ — As energy demand grows and infrastructure evolves, the U.S. energy industry expects to add more than 32 million jobs over the next decade. The Center for Energy Workforce Development (CEWD) is pushing forth efforts to fuel the talent pipeline, working alongside industry workforce experts to encourage individuals across all communities to explore dynamic, well-paying, and purpose-driven careers.

Careers span the full spectrum of the industry—from electricians, lineworkers, and pipefitters to cybersecurity analysts, IT specialists, and customer service professionals. Employers are increasingly focused on skills-based hiring and investing in on-the-job training for skilled positions, welcoming candidates with a range of educational backgrounds and experiences.

“The scale of opportunity in energy right now is unmatched,” said Missy Henriksen, Executive Director of CEWD. “This is a sector that values skills, offers stability and growth, and powers the nation’s future. Whether you’re transitioning from another field, just starting your career, or looking to grow into something new, there’s a place for you in energy. We’re ready to help you find it.”

As the workforce grows, so does the importance of representation. Latinos now make up nearly one in five U.S. workers and are projected to drive future labor force growth. Gen Z is expected to make up one-third of the workforce by 2030, yet fewer than one in five report strong awareness of energy career pathways. Meanwhile, military veterans represent a ready and valuable talent pool, bringing leadership, discipline, and a strong focus on safety to the industry.

CEWD and its partners are committed to building a workforce that reflects the communities the industry serves. This means opening doors for individuals of all backgrounds through training and education pathways.

Jobseekers can explore career options, access training resources, and find real-time openings through CEWD’s Get Into Energy platform. To learn more, visit www.GetIntoEnergy.org.

About The Center for Energy Workforce Development 
The Center for Energy Workforce Development (CEWD) is a non-profit consortium of electric, natural gas, nuclear, and renewable energy companies, and their associations, committed to the development of a skilled, diverse energy workforce. To learn more, visit www.CEWD.org.

Contact:
Meagan Dominick
Vault Communications, Inc.
mdominick@vaultcommunications.com
773-369-4255

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SOURCE Center for Energy Workforce Development