Tag: PR Newswire

BMI Imaging proudly joins the ranks of Veteran-Owned Small Businesses, continuing a legacy of service and excellence.

SUNNYVALE, Calif., June 4, 2025 /PRNewswire/ — BMI Imaging Systems, Inc. is pleased to announce that it has been officially certified by the U.S. Small Business Administration (SBA) as a Veteran-Owned Small Business (VOSB). This certification highlights BMI’s ongoing commitment to supporting its community and reflects the company’s proud legacy of veteran leadership.

Before joining BMI, Will Whitney, BMI’s President & CEO, graduated from the United States Naval Academy and was commissioned as an officer in the Marine Corps, earning the occupational specialty of Infantry Officer after basic school. He deployed twice and was honorably discharged as a Captain in 2013. Will shared his thoughts on the milestone: “It’s exciting that BMI is now officially certified as a Veteran-Owned Small Business. Although we’re now ‘official,’ my grandpa, a World War II Navy vet who fought in the Pacific, started the company, so we were ‘veteran-owned’ before it was even a thing. It’s an honor to continue his legacy of service, hard work, and dedication.”

BMI’s VOSB certification opens new opportunities for the company to continue its mission of delivering top-tier digital scanning and cloud hosting services to businesses, government entities, and educational institutions, while embracing the values of integrity, discipline, and commitment instilled by its founder’s military service.

About BMI
Established in 1958 as Bay Microfilm Incorporated, BMI Imaging Systems embarked on a mission to assist County Recorders with archiving land records on microfilm. By the 1960s, our reach extended to California’s premier universities, preserving their invaluable books and manuscripts. Additionally, our Library Microfilms Division formed strategic partnerships with over 200 newspapers, ensuring California’s rich local history remained accessible for future generations.

Thanks to our unwavering commitment to precision and customer satisfaction, the subsequent two decades saw a surge in our clientele from government, education, and commercial sectors.

As the ’90s rolled in, the shift to digital was unmistakable. Staying ahead of the curve, BMI embraced this evolution, assisting clients in transitioning to electronic document management. We expanded our services to include digitization and began equipping clients with on-site document management software solutions.

Today, we proudly operate two advanced imaging facilities, backed by a dedicated team of over 60 professionals. At the heart of BMI is our passion for quality, innovation, and security. We specialize in crafting tailor-made solutions for our diverse client base. Beyond top-tier document imaging and indexing, we offer a range of cloud hosting services, including public, private, and CJIS-compliant platforms. Our in-house software team, alongside project management and IT specialists, ensures we remain at the forefront of technology and customer service.

Contact
Website: www.bmiimaging.com
Email: marketing@bmiimaging.com

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SOURCE BMI Imaging Systems, Inc.

ANCHORAGE, Alaska, June 4, 2025 /PRNewswire/ — In a full-page ad in the Anchorage Daily News yesterday, the Coalition for Green Capital (CGC), a national green bank that received $5 billion in funding from the federal government last year, warned that “the nation needs more energy” and asked three Cabinet members visiting Alaska to “work together to solve the energy crisis in Alaska and beyond.”

The ad was in the form of an open letter to Interior Secretary Doug Burgum, Energy Secretary Chris Wright, and Environmental Protection Agency (EPA) Administrator Lee Zeldin.

It cited CGC’s network partner Spruce Root, a Community Development Financial Institution in the southeastern Alaska. “Investments in such partners are multiplied many times with private capital,” the ad said.

CGC, however, has faced obstacles. The EPA earlier this year tried to terminate CGC’s contract under the Greenhouse Gas Reduction Fund, awarded under the Inflation Reduction Act of 2022, and has frozen the organization’s account at Citibank. CGC has challenged the termination in federal district court and won a preliminary injunction, which is now under appeal.

“We shouldn’t be at cross purposes. CGC has common ground with Administrator Zeldin’s Powering the Great American Comeback initiative, and we want to move as fast as we can,” said the ad placed by the CGC, which over more than a decade has developed a network of green banks and community lenders.

The ad explained the current energy crisis this way: “The grid is a century old, demand is soaring, capacity can’t keep up, and Americans are suffering as their utility bills rise. For Alaskans, it’s worse. Many communities will never have a grid connection. They’re using expensive and unreliable diesel and paying three to five times the national average for electricity.”

CGC has a solution to financing projects needed to eliminate the crisis, said the ad: “Distributed, smaller-scale projects are often the cheapest and fastest way to add power. That’s why Congress asked us to help finance them.”

The organization called on the three Cabinet officials to work with CGC and bring public and private capital together work together “to unlock capital and enhance U.S. energy infrastructure.”

About Coalition for Green Capital

The Coalition for Green Capital (CGC) uses public-private investing to unlock clean air, clean water, clean jobs and affordable power for all Americans. Green banks are a proven finance model that uses public capital to mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies. For over a decade, the Coalition for Green Capital has led the Green Bank movement, working at the federal, state, and local levels in the U.S. and countries around the world. For more information, visit: https://coalitionforgreencapital.com.

Contact
James K. Glassman: jim@glassmanadv.com (202-344-5777)
Or Elizabeth Heaton: elizabeth@eahstrategiesllc.com (202-445-9858)

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SOURCE Coalition for Green Capital

PUNE, India, June 4, 2025 /PRNewswire/ — Credence Research announces the latest insights from its comprehensive study on the Reusable Water Bottles Market, which is projected to grow from USD 8,314.96 million in 2023 to USD 12,625.44 million by 2032, registering a steady compound annual growth rate (CAGR) of 4.75% during the forecast period.

The growth trajectory of this market reflects increasing consumer awareness and urgency around environmental sustainability. With rising concerns about plastic waste and mounting regulatory pressure against single-use plastics, more individuals are actively embracing eco-friendly alternatives. Reusable water bottles have emerged as a practical and symbolic choice for consumers adopting sustainable lifestyles. The upward trend in outdoor activities, fitness routines, and wellness-oriented living has further reinforced demand for high-quality, durable hydration solutions.

Credence Research highlights that innovation continues to be a critical growth lever. Leading manufacturers are investing in product development—introducing BPA-free, insulated, and ergonomically designed bottles made from stainless steel, silicone, and glass. These advancements, combined with customizable features and aesthetic appeal, are particularly resonating with millennial and Gen Z consumers. The rapid expansion of e-commerce platforms and the influence of social media campaigns have further accelerated the adoption of premium reusable water bottles globally.

As corporate sustainability initiatives and consumer demand for green products intensify, the reusable water bottles market is poised to witness robust growth and dynamic evolution throughout the forecast period.

Browse the report and understand how it can benefit your business strategy- https://www.credenceresearch.com/report/reusable-water-bottles-market

Key Growth Determinants – Reusable Water Bottles Market

Environmental Awareness and Plastic Waste Reduction
Growing environmental concerns have significantly influenced consumer behavior toward reducing single-use plastics. Government bans and restrictions on disposable bottles in many countries have propelled the shift toward sustainable, reusable alternatives.

Health and Wellness Trends
Rising awareness about hydration, fitness, and overall wellness has increased demand for water bottles that can be used in gyms, outdoor activities, and offices. Consumers prefer reusable options that align with their active lifestyles and health-conscious routines.

Product Innovation and Material Advancements
Manufacturers are offering reusable bottles with features like temperature control, leak-proof designs, and eco-friendly, BPA-free materials. Innovations such as collapsible silicone bottles and smart hydration tracking devices are also attracting tech-savvy consumers.

Corporate and Institutional Adoption
Corporate sustainability programs and initiatives in educational institutions to discourage plastic use are fueling bulk purchases of reusable water bottles. Promotional and branded merchandise trends have also made such bottles a popular choice for giveaways and employee engagement.

E-commerce Expansion and Influencer Marketing
Online retail platforms and influencer-led campaigns have played a crucial role in enhancing brand visibility. The convenience of shopping online, combined with consumer reviews and aesthetically appealing designs, has accelerated market penetration across age groups.

Key Growth Barriers – Reusable Water Bottles Market

High Initial Costs and Price Sensitivity
Reusable water bottles, particularly those made from premium materials like stainless steel or glass, often come with a higher upfront cost compared to single-use plastic bottles. This price disparity can deter cost-conscious consumers, especially in developing markets where affordability is a significant concern. The elevated production costs associated with sustainable materials and advanced features like insulation or filtration contribute to these higher prices, potentially limiting widespread adoption.

Consumer Habits and Convenience of Single-Use Bottles
Despite growing environmental awareness, many consumers continue to favor the convenience of single-use plastic bottles. These disposable options are readily available in various public settings, such as vending machines, events, and retail outlets, making them a more accessible choice for on-the-go hydration. Changing established consumer behaviors and encouraging the consistent use of reusable bottles remain significant challenges for market growth.

Limited Public Refill Infrastructure
The scarcity of public water refill stations in many regions hampers the practicality of using reusable water bottles. Without adequate infrastructure to support easy refilling, consumers may find it inconvenient to rely solely on reusable options, particularly during travel or in areas where tap water quality is questionable. This limitation can discourage the consistent use of reusable bottles, especially in urban and developing areas lacking sufficient facilities.

Market Saturation and Quality Variability
The influx of numerous brands and products into the reusable water bottle market has led to saturation, making it challenging for consumers to distinguish between high-quality and substandard options. The presence of counterfeit or low-quality products can erode consumer trust and satisfaction, potentially hindering repeat purchases and brand loyalty. Ensuring product quality and safety standards across the market is essential to maintain consumer confidence and support sustained growth.

Segmentation

  Based on Material Type

• Glass
• Stainless Steel
• Plastic
• Silicon
• Others

Based on Distribution Channel

• Specialty Stores
• Convience Stores
• Supermarkets and Hypermarkets
• Others

 Based on region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK.
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• South-east Asia
• Rest of Asia Pacific
• Latin America
• Brazil
• Argentina
• Rest of Latin America
• Middle East & Africa
• GCC Countries
• South Africa
• The Rest of the Middle East and Africa

Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today- https://www.credenceresearch.com/report/reusable-water-bottles-market 

Regional Analysis – Reusable Water Bottles Market

Asia-Pacific stands as the dominant force in the reusable water bottles market, commanding approximately 40% of the global share in 2024. This leadership is propelled by heightened environmental awareness, governmental initiatives promoting sustainable practices, and the affordability of reusable bottles in densely populated nations like China and India. The region’s robust e-commerce infrastructure further facilitates market expansion, with countries such as China projected to experience a CAGR of 7% from 2025 to 2032.

North America maintains a significant market presence, accounting for about 27.6% of global revenue in 2024. The U.S. market, in particular, benefits from stringent environmental regulations, widespread health consciousness, and a strong inclination toward sustainable products.

Europe is anticipated to witness the highest CAGR among all regions, driven by the European Union’s rigorous policies against single-use plastics and a cultural shift toward eco-friendly lifestyles.

Latin America and the Middle East & Africa (MEA) regions are emerging markets with considerable growth potential. In Latin America, increasing environmental awareness and the adoption of sustainable practices are driving demand. The MEA market, valued at USD 547.9 million in 2024, is expected to grow at a CAGR of 2.4% from 2025 to 2030, with Saudi Arabia leading regional growth due to rising health consciousness and urbanization trends.

Credence Research’s Competitive Landscape Analysis

Credence Research’s analysis of the global reusable water bottles market highlights a competitive landscape characterized by innovation, sustainability, and strategic market positioning. Leading companies such as Tupperware Corporation, SIGG Switzerland AG, CamelBak Products, LLC, and Klean Kanteen are at the forefront, leveraging their strong brand recognition and commitment to eco-friendly practices to maintain significant market shares. These industry leaders focus on developing durable, BPA-free products with advanced features like insulation and ergonomic designs to meet the evolving preferences of environmentally conscious consumers. Their extensive distribution networks and emphasis on product quality have solidified their positions in the global market.

In regional markets, companies adapt their strategies to local consumer behaviors and regulatory environments. In North America, brands like S’well, Thermos LLC, and Hydro Flask have gained prominence by offering stylish, functional bottles that align with the region’s health and sustainability trends. In India, domestic players such as Cello and Milton dominate by providing affordable, high-quality options tailored to the local market’s needs. The competitive landscape is further intensified by emerging startups and SMEs introducing innovative designs and materials, challenging established brands and driving continuous product development across the industry.

Tailor the report to align with your specific business needs and gain targeted insights. Request Full Report Here– https://www.credenceresearch.com/report/reusable-water-bottles-market

Key Player Analysis

• Tupperware Corporation
• SIGG Switzerland AG, GmbH
• CamelBak Products, LLC
• Klean Kanteen
• Contigo
• Aquasana Inc.
• Hydaway
• Nalgene
• S’well

 Recent Industry Developments

• January 2024 – Petainer, in collaboration with Oonly, launched Hungary’s first reusable PET bottle for mineral water. This initiative supports the country’s new deposit return program and aims to enhance circular practices in the beverage sector.
• January 2024 – Bottle Up introduced a fully reusable, pre-filled, plant-based water bottle in the UK, positioning it as a sustainable and recyclable alternative to single-use plastic bottles.
• August 2023 – PathWater partnered with toy manufacturer Mattel to release a limited edition Barbie-themed refillable bottle. These vibrant pink bottles are available through PathWater’s website and retail outlets across the U.S. and Canada.
• April 2024 – Nalgene, a New York-based company, announced its transition to manufacturing reusable bottles using Tritan Renew by Eastman, a material made with 50% certified recycled content through mass balance methodology.
• February 2024 – SIGG Switzerland AG provided custom reusable bottles to participants of the ABN AMRO Open tennis tournament held at Rotterdam Ahoy in the Netherlands, reinforcing its presence in global sustainability efforts.

Reasons to Purchase this Report:

• Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).
• Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.
• Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.
• Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.
• Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.
• Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.
• Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.

Browse the report and understand how it can benefit your business strategy – https://www.credenceresearch.com/report/reusable-water-bottles-market

Discover additional reports tailored to your industry needs

UK Reusable Water Bottles Market – https://www.credenceresearch.com/report/uk-reusable-water-bottles-market

Collapsible Water Bottles Market – https://www.credenceresearch.com/report/collapsible-water-bottles-market

Water Bottles with Filters Market – https://www.credenceresearch.com/report/water-bottles-with-filters-market

Middle East and Africa Reusable Water Bottles Market – https://www.credenceresearch.com/report/middle-east-and-africa-reusable-water-bottles-market

Europe Reusable Water Bottles Market – https://www.credenceresearch.com/report/europe-reusable-water-bottles-market

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Australia Reusable Water Bottles Market – https://www.credenceresearch.com/report/australia-reusable-water-bottles-market

India Reusable Water Bottles Market – https://www.credenceresearch.com/report/india-reusable-water-bottles-market

North America Reusable Water Bottles Market – https://www.credenceresearch.com/report/north-america-reusable-water-bottles-market

U.S. Reusable Water Bottles Market – https://www.credenceresearch.com/report/united-states-reusable-water-bottles-market

Smart Water Bottles Market – https://www.credenceresearch.com/report/smart-water-bottles-market

Sports Water Bottles Market – https://www.credenceresearch.com/report/sports-water-bottles-market

5-Gallon Water Bottles Market – https://www.credenceresearch.com/report/5-gallon-water-bottle-market 

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Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives.

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SOURCE Credence Research Inc.

Parents pursuing IVF now have a new level of choice to empower their family planning

NEW YORK, June 4, 2025 /PRNewswire/ — With U.S. birthrates plummeting and IVF on the rise, Nucleus Genomics today launched Nucleus Embryo, the first genetic optimization software that lets parents see and understand a complete genetic profile to select an embryo.

“Before there’s a heartbeat, there’s DNA,” said Kian Sadeghi, founder and CEO of Nucleus. “One file containing DNA and genetic markers can tell you more about your baby’s future than any other test a doctor could possibly run at this stage. Most clinics stop at whether an embryo will develop. For many parents, that’s not enough. Patients have long asked for more transparency from clinics, and Nucleus Embryo is an important step toward complete data ownership for parents planning their families.”

The software enables parents to analyze and compare up to 20 embryos across over 900 hereditary conditions and 40 additional analyses beyond basic viability, spanning cancers, chronic conditions, appearance, cognitive ability, mental health, and more.

To widen access to the software, Nucleus will partner with Genomic Prediction, the first company to offer genome-wide screening on embryos. The partnership sets a new standard in genetic medicine, continuing Genomic Prediction’s decade-long history of giving hopeful parents the best possible chance of implanting healthy embryos. The company’s analyses focus on hereditary conditions, acting as the first line of defense against chronic and rare diseases.

“As an organization, we are committed to supporting patients’ rights to their DNA and any information that can aid in their family-building journey,” said Kelly Ketterson, CEO of Genomic Prediction. “We have a legacy of innovation aimed at providing patients with access to the best scientific resources. Our partnership with Nucleus opens access to information our patients have requested and allows us to uphold our commitment to this legacy.”

Nucleus’ partnership with Genomic Prediction reflects a growing shift in how parents think about genetics as a tool to give children the best possible start in life. A wide-ranging study of Americans found the majority accepted the use of genetic technology to choose embryos based on health and personality traits. Four in 10 parents would use genetic optimization as another tool to understand their future child’s cognitive abilities.

Most women undergo three to six IVF cycles before successfully having a baby, with each cycle costing up to $25,000. Many embryos are unviable within days of being fertilized, leaving parents with few to choose from. Facing high stakes, clinicians often recommend genetic testing to optimize a couple’s chances of a healthy pregnancy. But these tests typically stop at a select number of hereditary conditions and chromosome count.

Now, advanced genetic analysis from Nucleus gives parents a new window into the health and well-being of their future child. Nucleus Embryo provides a comprehensive genetic profile for each embryo, encompassing hereditary genetic diseases, like cystic fibrosis and hemochromatosis, alongside genetic measures of cognitive ability, mental health, and risk for chronic diseases.

Wide access to genetic insights for embryos can also help extend lifespan from the earliest stages of life. While more than half of all deaths annually in the U.S. are attributed to chronic, age-related conditions — such as Alzheimer’s disease, diabetes, cancer, and heart disease — research shows embryonic selection can materially help reduce disease risk for these conditions.

“We celebrate health optimization and the pursuit of longevity in every other part of life via our focus on training, supplements, and sleep,” Sadeghi said. “We all know health isn’t just the absence of disease. It’s the ability to understand our bodies and genetic makeup to reach our full potential. Now we can apply this principle to life’s inception.”

About Nucleus Genomics

Nucleus builds software for generational health. Inspired by the loss of his cousin who died of a rare — yet preventable — genetic disease, Nucleus founder and Thiel Fellow Kian Sadeghi left an Ivy League university to build a product that could have saved her life. Our advanced DNA health test and analysis takes the guesswork out of your health, whether it’s perfecting your protocols, knowing your risk for cancer, or planning for a healthy family.  Follow us on social media @nucleusgenomics.

About Genomic Prediction

Genomic Prediction, Inc. is the frontrunner in advanced embryo screening. Our proprietary LifeView platform is state-of-the-art technology that assesses embryos for genetic health aimed at improved IVF outcomes. The LifeView Embryo Health Score Test (EHS) offers insight into the likelihood of developing conditions driven by multiple genes. It tests for significant health issues, including cardiovascular disease, diabetes mellitus, certain cancers, and mental health conditions. The EHS results are derived from the same embryo sample used in the following PGT tests:

PGT-A: Identifies chromosome abnormalities in embryos.

PGT-A+: Pinpoints the origin (paternal, maternal, or embryonic) of chromosome abnormalities.

PGT-M: Decreases the chances of passing on monogenic (single-gene) conditions.

PGT-SR: Detects chromosome abnormalities and structural imbalances, providing clarity between normal and balanced chromosomes.

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SOURCE Nucleus

The NDC Partnership released a new policy brief today to support policymakers to take steps to integrate renewable energy into national climate pledges.

WASHINGTON, June 4, 2025 /PRNewswire/ — The NDC Partnership mobilized 14 country governments and leading institutions, to release a new policy brief supporting countries’ efforts to triple renewable energy capacity.

The policy brief, “Tripling Renewables: Powering Climate Action Across Sectors,” outlines key actions countries can take to strengthen renewable energy planning in their Nationally Determined Contributions (NDCs), or climate pledges, due this this year.

H.E. Mr. Ole Thonke, NDC Partnership Co-Chair representative, Climate Ambassador, Denmark: “Building on the Global Stocktake and the new NDCs it will be crucial to demonstrate that the global community is delivering on the Paris Agreement. Tripling renewable energy capacity is fundamental to achieving this goal. For most countries, renewables are the cheapest way to generate electricity today and therefore the strongest business case. I hope the guidance in this brief helps to overcome the remaining barriers and accelerate renewable energy deployment — especially in developing countries — paving the way for a more sustainable future.”

Pablo Vieira, Global Director, NDC Partnership: “Tripling renewable energy capacity is both achievable and essential for climate-resilient development. The next round of NDCs offers an opportunity to incorporate a broader range of technologies, innovations and solutions that expand the use of renewables not only for mitigation but also for adaptation — ensuring that successful models are financed, shared and scaled to meet diverse local needs.”

The use of renewable energy had become more mainstream thanks to technological advancements, cost competitiveness and supportive national policies. In 2023, renewable energy accounted for one-third of global power generation, 86% of new energy capacity and added roughly USD 320 billion to the global economy — or 10% of global GDP. Increasingly, countries are integrating renewable energy into their climate pledges, with over 65% of countries setting specific, measurable targets in the last round of NDCs submitted in 2020.

Despite these trends, significant gaps remain between countries’ national energy plans and the targets included in their NDC commitments — and clean energy deployment remains uneven. The next round of NDCs are an opportunity for countries to incorporate renewable energy targets into national climate and development plans, advancing mitigation and adaptation. The policy brief offers six considerations for national policymakers for accelerating renewable energy deployment across diverse geographies.

The guidance builds on country experiences in renewable energy deployment and shares replicable lessons from previous NDC submissions, addressing key systemic barriers, such as access to finance. The considerations include:

1. Aligning national energy plans with NDCs, ensuring they are equally ambitious
2. Establishing collaboration mechanisms to bring renewable energy into sectoral planning
3. Assessing sectoral value chains and stakeholders to identify pathways for renewable energy to underpin economy-wide climate action
4. Developing roadmaps that outline technology and financing needs for integrating renewable energy across key sectors
5. Raising public awareness and participation of subnational governments in designing renewable energy strategies
6. Supporting innovation and fostering new technologies and business models

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SOURCE NDC Partnership

MIAMI, June 4, 2025 /PRNewswire/ — PSALM Capital is excited to join Tropion Sports Partners and Blue Owl’s Home Court Fund for investment into the NBA. This represents a significant opportunity for PSALM Capital clients to diversify their investment portfolio with a premier sports asset.

Tropion Sports Partners has launched a partnership to invest into the NBA alongside Blue Owl Capital and the Blue Owl Home Court Fund. Tropion is planning multiple investment tranches, having recently completed a ˜$25 million investment.

Tropion, a global sports investment platform, is led by Philadelphia-based entrepreneur Joseph Greco. Greco is also a minority owner of Major League Soccer’s (MLS) Philadelphia Union and the founder and former chairman of PSC Info Group/RevSpring and Experity Ventures. Tropion’s group of investors includes current and former professional athletes and well-known entrepreneurs, business leaders, and financial professionals. 

“We believe the NBA is positioned to capitalize on its significant global popularity and will continue to grow meaningfully over the next decade in a variety of ways. We are excited to bring access to this opportunity to our elite network of investors in partnership with Blue Owl Capital,” said Greco.

Blue Owl Capital is a leading alternative asset manager with $273 billion in assets under management. Formed in 2020, the Home Court Fund provides institutional capital and private equity solutions to the NBA ecosystem to support long-term growth of the league and improve market liquidity, and currently has investments in the Charlotte Hornets, Atlanta Hawks, and Sacramento Kings.

PSALM Capital LLC is a registered investment adviser. This article is solely for informational purposes. Advisory services are only offered to clients or prospective clients where PSALM Capital LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by PSALM Capital LLC unless a client service agreement is in place.

Contact: info@psalm.capital

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SOURCE PSALM Capital

CHICAGO, June 4, 2025 /PRNewswire/ — With Commonwealth Edison customers facing a 45 percent increase in the price of power, the Citizens Utility Board (CUB) on Wednesday called on Illinois’ largest electric utility to work with people struggling to afford their bills this summer so they can keep their electricity on and protect themselves from dangerous heat.

“This will be a difficult summer for far too many customers, and we urge ComEd to do everything possible to work with people so they stay safe, cool and connected this summer,” CUB Executive Director Sarah Moskowitz said. She called for ComEd to offer consumer-friendly payment plans that give customers a longer time to pay off their debt. 

ComEd’s summer “price to compare”— the rate customers should compare with alternative supplier offers—is: 10.028 cents per kilowatt-hour (kWh) from June through September.

Note: This rate includes the supply price and a transmission charge. The increase impacts the supply section, which makes up about a half to two-thirds of ComEd bills. ComEd does not profit off supply—they pass those costs onto customers with no markup. A new, non-summer supply rate, which has yet to be announced, will take effect Oct. 1. The price of electricity is expected to be elevated at least through next May.

ComEd has estimated the increase will cost customers an average of 10 to 15 percent, or $10.60 more per month, over the next year. The spike is connected to an increase in the price for reserve power, also called “capacity.” CUB argues that capacity costs have skyrocketed largely because of policy problems with the power grid operator for northern Illinois, PJM Interconnection, which runs an auction that determines the price of capacity.

CUB has tips to help Illinois consumers get through the expensive summer at CUBHelpCenter.com, including: 

• Use energy efficiency to soften the blow of the price spike. Simple actions can help, such as weatherizing windows and doors and turning off unnecessary lights. Don’t take risks that keep your home too hot–efficiency is about eliminating waste but staying safe and cool this summer.
• Stay in contact with your utility. Consumers who are struggling should contact their utilities to inquire about payment plans and learn about energy efficiency programs.
• Consider programs to help ease costs. ComEd’s Peak Time Savings program gives customers the opportunity to earn bill credits by reducing electricity usage during high-demand periods, typically summer afternoons. Also, Illinois’ community solar program offers customers the benefits of solar power without having to install panels on their homes. All offers currently guarantee savings compared to ComEd’s supply price. CUB’s resource, SolarInTheCommunity.com, can help you carefully shop for offers.
• Beware of rip-offs. Since 2015, Illinois consumers have lost about $1.8 billion to alternative electricity suppliers. These suppliers are impacted by the same market conditions that are causing utility prices to increase, so it’s likely, even in this expensive market, that ComEd is your best bet. One exception: If your community has negotiated a power deal with a supplier, it’s possible the price is lower than ComEd’s supply rate. Confirm the price and find out when the offer expires.

While the price spike is bad news, the Climate and Equitable Jobs Act (CEJA) is providing some relief.  Illinois’ landmark energy law requires a line item on ComEd bills called the Carbon Free Energy Resource Adjustment (CFERA) to subsidize energy generated by nuclear power plants in Illinois. But consumer advocates pushed for a provision that changes the charge to a credit when energy prices go above a certain level. The credit can change each month, but it’s expected to be on bills for the next year. In June it’s a 1.7 cents per kWh credit.

For more than 40 years the Citizens Utility Board (CUB) has been Illinois’ leading nonprofit utility watchdog group. Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers. Since then, CUB has helped save consumers more than $20 billion by blocking rate hikes and securing refunds. For more information, call CUB’s Consumer Hotline, at 1-800-669-5556, or visit CUB’s website, www.CitizensUtilityBoard.org.

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SOURCE Citizens Utility Board

Monterey Textiles’ Eco-Fyre® Wins Innovation Award for Sustainability with Support from GR’s Closed-Loop System

VANCOUVER, BC, June 4, 2025 /PRNewswire/ — General Recycled® (GR) is proud to announce that its patented aramid recycling technology played a pivotal role in the development of Monterey Textiles’ new Eco-Fyre® fabric, which was honored with the Innovation Award for Sustainability at the 2025 Network Association of Uniform Manufacturers and Distributors (NAUMD) annual conference.

“Monterey’s success with Eco-Fyre® underscores the value and potential of our patented recycling process,” said Ted Parker, President of General Recycled. “Partnering with Monterey and Filspec to bring this sustainable solution to market has been incredibly rewarding. This recognition highlights the growing industry demand for circular, closed-loop innovations in flame-resistant textiles.”

Eco-Fyre® is a breakthrough recycled aramid fabric engineered for demanding applications in the oil and gas industry. Enabled by GR’s proprietary recycling process, the fabric is created by transforming end-of-life aramid garments into high-quality recycled fiber, yarn, and certified flame-resistant fabric. The result is a true closed-loop system that significantly reduces textile waste and extends the lifecycle of critical PPE materials.

“We’re proud to welcome Eco-Fyre® into our expanding portfolio of recycled aramid products,” said Dave Kasper, Vice President of Sales & Product Development at General Recycled. “The teams at Monterey Textiles and Filspec, led by Randy Williams, have done outstanding work bringing another product to market!”

About General Recycled
General Recycled® (GR) is a leader in sustainable textile innovation, specializing in advanced recycling technologies for high-performance fabrics. GR’s patented processes enable industries to reduce waste and adopt circular economy solutions—without sacrificing quality, performance, or safety.

Media Contact:
Dave Kasper
Vice President, Sales & Product Development
General Recycled®
604-807-7279
396195@email4pr.com 
www.generalrecycled.com

View original content:https://www.prnewswire.com/news-releases/general-recycleds-patented-aramid-recycling-technology-earns-industry-acclaim-at-naumd-conference-302472670.html

SOURCE General Recycled

ST. LOUIS, June 4, 2025 /PRNewswire/ — Verde Resources Inc. (OTCQB: VRDR), a leader in sustainable road construction technologies, announced today that its wholly owned subsidiary, Verde Renewables Inc., has signed a Memorandum of Understanding (MOU) with Ergon Asphalt & Emulsions, Inc., a trusted industry pioneer in asphalt innovation and supply. This marks a major milestone in their growing strategic alliance.

The MOU builds on the companies’ February 2025 announcement detailing their collaboration to produce a specialized emulsion used in the cold mix biochar-asphalt surface material deployed at the National Center for Asphalt Technology (NCAT) test track.

That groundbreaking achievement was made possible by Verde’s proprietary emulsifying agent, specifically engineered to enable low-temperature emulsion production with at least 20% fewer greenhouse gas emissions than conventional binders. This innovation also allows for the seamless integration of biochar, a carbon-sequestering material, and facilitates a bonding mechanism with aggregates, resulting in a high-performance Biochar-Asphalt surface course that sets a new benchmark for both durability and environmental impact. In April, this formulation enabled Verde to make history by generating the world’s first Carbon Removal Credits from asphalt production and installation, based on the NCAT proof-of-concept project.

With this MOU, Verde and Ergon are advancing their partnership to the next level. The companies are now working toward finalizing the commercial terms of an exclusive agreement for the U.S. market while simultaneously initiating a rapid validation of Verde’s technology at Paragon, Ergon’s state-of-the-art asphalt and materials testing lab.

“When you think of the best and most respected name in asphalt, you think of Ergon,” said Eric Bava, Chief Operating Officer of Verde Resources. “This partnership is about more than innovation. It’s about equipping Ergon, along with its partners, contractors, customers, and broader ecosystem, with practical tools to reduce Scope emissions and further solidify their leadership in sustainable infrastructure.”

This partnership will be a key step in Verde’s mission to turn sustainability into a competitive advantage, while delivering practical, profitable, and environmentally responsible solutions without compromising performance.

“We want to be on the leading edge of sustainable road materials, and the technologies Verde is bringing to the table make that possible,” said Larry Tomkins, Senior Vice President of Sales & Marketing at Ergon Asphalt & Emulsions. “This next phase is about accelerating adoption and delivering meaningful change in how roads are built—without sacrificing quality or reliability. We’re excited to build on the strong relationship we’ve developed and look forward to what’s ahead with Verde.”

With shared momentum and a clear path forward, Verde and Ergon are poised to usher in a new era of modern, low-carbon infrastructure by commercializing a validated technology that aligns sound economics with environmental responsibility at scale.

About Verde Resources Inc.:

Verde Resources Inc. (OTCQB: VRDR) is a leader in sustainable infrastructure, specializing in innovative and cost-effective solutions to help the industry seamlessly #TransitionToZero^™. By integrating proprietary technologies with sustainable practices, Verde is at the forefront of creating low-carbon materials for infrastructure worldwide.

About Ergon Asphalt & Emulsions, Inc.:

Ergon Asphalt & Emulsions, Inc., a subsidiary of Ergon, Inc., is a leading provider of high-performance asphalt products and technologies. With decades of experience, Ergon specializes in delivering advanced emulsions, polymer modified asphalts, and other solutions that enhance pavement performance and sustainability. Through its state-of-the-art facilities and dedicated technical expertise, Ergon is committed to driving innovation in the asphalt industry.

This press release includes forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially. While Verde believes these statements are based on reasonable assumptions, they rely on current information and inherently uncertain future projections. Additional risks and uncertainties are outlined in Verde’s SEC filings, which may further impact actual outcomes in this press release.

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SOURCE Verde Resources Inc.

LONDON, June 4, 2025 /PRNewswire/ — Finlandia Vodka, in collaboration with SXSW London, hosted an exclusive luncheon yesterday to celebrate the extraordinary work of renowned ethologist and conservationist Dr. Jane Goodall and her Institute. Known for the ongoing research into the lives of wild chimpanzees of Gombe, Tanzania – now in its 65^th year – and for the many programmes created to benefit people, animals and the environment. Dr. Goodall is author of many books for adults and children and has featured in countless documentaries, films including ‘Reasons for Hope’ the IMAX currently being shown around the world.

This unique event brought together a select group of influencers and thought leaders to honour Dr. Goodall’s lifelong dedication to conservation and environmental stewardship.

As part of this special occasion, Finlandia Vodka is proud to announce a €30,000 donation to the Jane Goodall Institute UK, which Dr. Goodall has designated to support Dr. Jane’s Dream – the Jane Goodall Centre for Hope.   This exciting education centre is due to open in October 2026 and will attract thousands of visitors who pass through Arusha as well as serving the local communities.  It will feature a series of rooms showcasing the life and work of Dr. Jane Goodall and her Institutes and include a garden and theatre and the work of many African artists.

“I am grateful for Finlandia’s donation and their  support and to be here for this wonderful lunch,” said Jane Goodall DBE.

In addition to honouring Dr. Goodall’s impactful work, Finlandia shared with the audience the idea of new global brand campaign, “It’s Soooo Fine”, a celebration of living authentically, embracing individuality, and enjoying the present moment.

Beyond traditional media, with this event Finlandia took an approach with a philanthropic twist, inviting a curated group of “friends of Finlandia”, a diverse collection of thought-leaders, innovators, and visionaries from around the world to engage with the brand in a meaningful way while contributing to a noble cause.

“We are thrilled to partner with the Jane Goodall Institute, an organization whose work we have long admired and supported,” said Yannis Athanasiadis, Global Leader of Finlandia Vodka. “Jane Goodall and her Institute embody the values that our brand espouses, including authenticity, sustainability and longevity.”

About the Jane Goodall Institute
The Jane Goodall Institute (JGI) is a global, community-led conservation organization founded in 1977 that advances the vision and work of Jane Goodall with 25 chapters around the world. Core programmes include the ongoing research into the lives of wild chimpanzees in Gombe, Tanzania,   improving the lives of captive primates, other apes and their habitats, and empowering people to be compassionate citizens in order to inspire conservation of the natural world we all share. JGI uses research, community-led conservation, best-in-class animal welfare standards, and the innovative use of science and technology to inspire hope and take action for the common good. Jane Goodall’s Roots & Shoots is empowering young people of all ages to become involved in hands on projects of their choosing to benefit the community, animals and the environment we all share and is active in more than 75 countries.   

www.janegoodall.org.uk

www.rootnshoots.org.uk

About Finlandia Vodka 

Finlandia Vodka is a leading vodka brand established in 1970. It is available in classic and several flavoured versions.

Two elements of Finnish abundant nature define Finlandia Vodka. Suomi (Finnish) barley ripened by a Midnight Sun that does not set for 72 days, and a pure glacial Finnish water. The result of this is a silky-smooth taste and a velvety mouthfeel.

Photo – https://mma.prnewswire.com/media/2703177/Finlandia_Vodka.jpg

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SOURCE Finlandia Vodka