Tag: PR Newswire

ATLANTA, May 22, 2025 /PRNewswire/ — The Home Depot^®, the world’s largest home improvement retailer, today announced that its board of directors declared a first-quarter cash dividend of $2.30 per share. The dividend is payable on June 18, 2025, to shareholders of record at the close of business on June 5, 2025. This is the 153rd consecutive quarter the company has paid a cash dividend.

The Home Depot is the world’s largest home improvement specialty retailer. At the end of the first quarter, the company operated a total of 2,350 retail stores and over 790 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates.

The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index

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SOURCE The Home Depot

Seventeen leaders were recognized for their efforts to strengthen the PACE marketplace for local communities and property owners

NEW YORK, May 22, 2025 /PRNewswire/ — PACENation, the national membership association for PACE (Property Assessed Clean Energy) financing, announced at the 2025 PACENation Summit this year’s PACE Champions of the Year and PACESetter Award recipients. Awardees were honored for their distinguished leadership in several categories, including policy innovation, program design and implementation, innovative deals of the year, and for promoting diversity, equity, and inclusion in the PACE marketplace.

“The PACE Award winners’ accomplishments have helped accelerate the industry from an $8b market six years ago, to a $20b market today,” said Mary Luévano, PACENation’s Executive Director. “Their commitment means that hundreds of thousands of property owners are able to finance improvements that make their buildings more efficient, more cost effective and more resilient.”

To date, PACE financing has promoted over $36.6 billion in local economic development, reduced carbon emissions by an estimated 17 million metric tons, and led to the creation of as many as 269,000 local jobs.

“Receiving the PACE Champion Award is a personal highlight and I want to thank PACENation and my industry colleagues for this honor,” said Colin Kalvas, Partner at the law firm Bricker Graydon. “PACE financing is a valuable tool for commercial property owners that has made major impact in a relatively short time span and I look forward to working with PACENation and other leaders to continue that success.”

2025 PACE CHAMPIONS

PACE Champions are recognized for extraordinary leadership over multiple years to strengthen and expand the PACE marketplace. The 2025 PACE Champions are:

• Colin Kalvas, Bricker Graydon
• Rafi Golberstein, PACE Loan Group

2025 PACESETTERS

PACESetter Awards are designed to recognize individuals and teams whose efforts have advanced PACE as a critical public policy tool that strengthens communities. The 2025 PACESetters are:

PACESetter Award for Promoting Diversity, Equity, and Inclusion in the PACE Marketplace

• LaShanya Washington, City First Bank
• Tom Nida, City First Bank

PACESetter Award for Excellence in Program Design and Implementation

• Eric Christensen, New Mexico C-PACE

PACESetter Award for Excellence in Advocacy and Policy Innovation

• Steve Wiese, Keeping PACE in Texas & Frontier Energy
• Eric Cowan and Michael Turner, CO C-PACE
• Senator Lindsey Port, State of Minnesota
• Representative Ned Carroll, State of Minnesota

PACESetter Award for Innovative Deals of the Year

Under $5M

• The Alley North Office Development Project Team, Amalgamated Bank & Allectrify
• The Old Soldier Hedden Empire Building Project Team, Last Best PACE Program
• Republic Elite Multifamily Interiors Inc. Project Team, Steve Garwood and Texas PACE Authority

$5M–$50M

• The Stella Project Team, PACE Loan Group

$50M+

• AREA 15 Project Team, North Bridge
• Habitat LA Project Team, CounterpointeSRE

Women Leaders in PACE

• Kim Bebchuk, PACE Loan Group

ABOUT PACENATION
PACENation is the nonprofit membership organization that advocates for expanded access to PACE financing. PACENation provides resources and support to local governments, businesses, and nonprofit organizations that are committed to allowing American property owners to improve the efficiency and resiliency of their homes and businesses with PACE.

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SOURCE PACENation

ARLINGTON, Va., May 22, 2025 /PRNewswire/ — CropLife America (CLA), the leading organization representing the U.S. pesticide industry, stands firmly behind the responsible use of pesticides as a critical tool for the farmers who grow healthy, affordable, and abundant food for Americans. CLA expressed confidence in the current pesticide regulatory framework to help ensure the safety of America’s food.

“Pesticides are thoroughly studied and highly regulated for safety,” said Alexandra Dunn, president and CEO of CLA. “While the Make America Healthy Again (MAHA) Report recognizes the U.S. Environmental Protection Agency’s (EPA) robust and science-based decision-making, it unfairly casts doubt on the integrity of the federal review process.” 

“This report will stir unjustified fear and confusion among American consumers who live in the country with the safest and most abundant food supply,” said Dunn. “We commend champions of agriculture in this administration and in Congress that have heard the voice of farmers.”

Without access to EPA-approved pesticides, significant crop losses would threaten the livelihood of family farms and lead to higher grocery prices and fewer healthy food options for families – the very opposite of what the MAHA Commission seeks to achieve. 

Dr. Manojit Basu, vice president of science policy and regulatory affairs at CLA said, “Pesticides undergo more than a decade of rigorous testing and review before being approved for use by the U.S. EPA. This science-based process considers potential risk to humans, animals, and the environment, and ensures that pesticides can be safely applied when used as directed.” 

Members of Congress and more than 300 farmer and agriculture organizations have engaged with the Commission to advocate for the preservation of science-based systems and credible data in their evaluations of products and practices essential to food and agriculture – including pesticides.

Individuals who want to share their perspectives with the Trump Administration and Congress can submit a letter here: https://www.farmervoicesmatter.org. 

Established in 1933, CropLife America (www.croplifeamerica.org) is the leading national trade association representing the pesticide industry. Our members drive innovation and sustainability by discovering, producing, selling, and distributing the essential pesticide products that empower American farmers to grow the world’s food. CLA can be found on LinkedIn and X (formerly Twitter) at @CropLifeAmerica.

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SOURCE CropLife America

ST. LOUIS, May 22, 2025 /PRNewswire/ — Today, the Make America Healthy Again (MAHA) Commission released a report questioning American farmers’ use of crop protection tools despite the clear science behind their safety and benefits. The report raises the possibility that the federal government could take a position to restrict farmers’ access to these essential inputs, undermine existing science-based frameworks, and ultimately jeopardize the affordability and security of America’s food supply.

“Farmers are already facing a host of challenges—uncertainty about their access to critical crop protection products shouldn’t be added to the list,” said Elizabeth Burns-Thompson, Executive Director of the Modern Ag Alliance. “Crop protection tools are not only safe, they are essential to food security, affordability, and the survival of family farms all across this country. Losing access to these critical inputs would be a devastating setback to American agriculture.”

Pesticides are rigorously reviewed by the U.S. Environmental Protection Agency (EPA), which boasts one of the most stringent review processes for these products in the world. In the case of glyphosate—one of the most thoroughly studied products of its kind—more than 1,500 studies and 50+ years of review by the EPA and other leading global health authorities have affirmed its safety when used as directed. The MAHA Commission’s report, however, leans on many previously discredited studies and reports, including from the World Health Organization, from which the United States recently announced its withdrawal.

If the MAHA Commission’s report drives future policy decisions that do end up restricting farmers’ access to these critical tools, the consequences for American agriculture would be severe. For example, without glyphosate—the most widely used weed-fighting tool by U.S. farmers—crop yields would decline, input costs would surge by 150%, and food inflation would more than double. The Modern Ag Alliance’s most recent Ag Insight Survey found that Americans are deeply concerned about these potential outcomes and overwhelmingly support science-based policies that preserve access to crop protection tools.

“We’ve already seen the disastrous effects of policies like those that have been contemplated by certain leaders of the MAHA Commission,” said Burns-Thompson. “When Sri Lanka prohibited the use of synthetic pesticides and fertilizers in 2021, crop yields fell by over 50%, forcing the government to import massive amounts of food just to meet basic needs. We should be focused on moving American agriculture—and the country—forward.”

Farmers and agricultural leaders across the U.S. are responding with concern and resolve over the potential impacts of the Commission’s future recommendations. Their message is clear: science must guide policy—not fear or misinformation.

“We cannot Make America Healthy Again by putting Montana farmers out of business. The MAHA Commission Report casts doubt on critical crop protection tools that our producers have relied upon for decades, and that have consistently been proven safe. America cannot fall victim to the kinds of junk science that have disrupted agriculture and food security in other countries. It does not have to be that way; there is time for the MAHA Commission to meet with the agricultural community and understand the safety behind pesticides and fertilizers that make food production work so efficiently before issuing its recommendations in August. In fact, we will gladly host Secretary Kennedy, Secretary Rollins, Administrator Zeldin, or any member of the administration to visit us in Montana and see firsthand how Montana helps feed the world. Previous administrations have hampered the development of new pesticides, placing America’s agricultural community at a disadvantage with global competitors. We look forward to working with the Trump Administration and the MAHA Commission to tell the story of American agriculture, and find ways to ensure the agricultural business sector is able to produce innovative, effective, and safe production tools for decades to come.” — Montana Agricultural Business Association

“I am deeply concerned that misinformation about pesticides and other crop protection tools could severely impact wheat production across America. For wheat farmers like myself, crop protection tools are not optional; they are essential. These tools allow us to prevent devastating yield losses from diseases, weeds, and pests specific to wheat. They enable us to implement conservation-friendly practices, including no-till farming, which would be impossible without them. Through their responsible use, we maintain consistent production despite challenging weather conditions, while keeping food prices affordable for American consumers and supporting the economic viability of farms like mine and the rural communities that depend on agriculture.” — Chris Tanner, President of the Kansas Association of Wheat Growers

“Ohio’s agribusinesses—and the farmers they serve—depend on regulatory certainty and science-based policy. We simply cannot disregard decades of proven science and put ideology ahead of innovation. Restricting access to safe, effective crop protection tools would have ripple effects across the entire food supply chain—from seed to shelf. Now more than ever, we must champion policies rooted in data.” — Melinda Witten, President and CEO of the Ohio AgriBusiness Association.

“American producers provide the food and fiber that fuels our way of life, and sustains our local, regional, and domestic economies. Our safe and abundant food system has been built on decades of stringent regulations and governmental oversight. At the center of this system are the crop protection tools, which are essential to production and quality, and are among the most well-researched substances on earth. We cannot let politics override science—our safe and abundant food supply depends on continued access to safe and effective crop protection tools.” — Katie Murray, Executive Director of Oregonians for Food & Shelter

“Crop protection tools that have been registered through EPA, have gone through the most rigorous, scientifically based, and health-protective process in the world. They have been analyzed to ensure there are no impacts to humans, workers, plants, animals, air quality, and groundwater. Application rates have been limited and buffer zones implemented to ensure the safest application possible, and where safety concerns could not be met, those chemicals are not registered for use in the United States. American agriculture already has far less tools than the rest of the world, and we can not afford to lose any more and still produce the world’s best food and fiber.” — Roger Isom, President and CEO of the California Cotton Ginners & Growers Association

“Without pesticides, farmers will struggle to control invasive insects and plant diseases, particularly those affecting perishable crops like fruits and vegetables. This would result in reduced food availability, diminished quality, increased consumer costs, and heightened food safety risks.” — Daren Coppock, CEO of the Agriculture Retailers Association

“Washington wheat farmers rely heavily on glyphosate and other crop protection tools to manage weeds and pests that would otherwise destroy their crop. In addition, glyphosate has allowed growers to realize incredible gains in environmental sustainability by making no-till practices affordable and successful. The science and research is clear—these chemicals are safe when label directions are followed.” — Michelle Hennings, Executive Director of the Washington Association of Wheat Growers

“In today’s farming climate, the availability of crop protection tools is critical to managing pest pressure, meeting the demands of a growing population, and staying competitive with foreign producers. American farmers cannot lose products that have been rigorously tested and approved over decades for any reason that is not based on sound science.” — Tom McCall, President of the Georgia Farm Bureau

“The misinformation surrounding crop protection tools is incredibly upsetting because if there’s one thing all farmers have in common, it’s that we care about raising safe, healthy, and affordable food that nourishes families around the world. Agriculture is a science, and we have spent years testing and researching pesticides, like glyphosate, to reaffirm that they are a safe and vital tool farmers rely on to feed and fuel the world.” —  Jolene Riessen, Iowa Farmer and Chair of the Iowa Corn Growers Association

“Those of us involved in advocacy for agriculture have agreed that sound scientific principles should be used to guide policy decisions. Agricultural pesticides that are on the market have gone through rigorous research as to their safety and effectiveness when used according to label directions. Without these pesticides, farms would not be nearly as productive as they are now, making it more difficult to feed a growing population.” — Jimmy Gentry, President of the North Carolina Grange

“Crop protection products are critical to the success of agricultural production in the Pacific Northwest, and the entire U.S. Without access to these products, the combination of insects, pests, weeds, and diseases would decimate not only canola production, but all other commodity and specialty crops. Farmers are diligent about scouting fields, following labels on chemicals, and making sound decisions based on science-based research of the crop protection products they utilize. We urge the Commission to have the same approach in their decision-making.” — Braidy Haden, President of the Pacific Northwest Canola Association

“Georgia’s farmers rely on proven, science-backed tools to grow the food and fiber that feed and clothe our nation. For more than five decades, glyphosate has been rigorously studied and consistently affirmed as safe. The Georgia Agribusiness Council supports continued access to this essential tool, which helps our producers stay productive, sustainable, and globally competitive.” — Will Bentley, President of the Georgia Agribusiness Council

“US farmers depend on modern technologies and science to help us do more with less—grow more nutritious food with less fuel, less tillage, and lower costs, which benefits farmers, the environment, and American families.” — Angela Bailey, President of the Oregon Farm Bureau

“The Kansas Soybean Association’s number one policy priority is maintaining the right to farm for our state’s thousands of growers. Having access to critical crop protection tools is central to achieving that social license to operate as we know best. We urge federal decision makers to continue relying on sound scientific data practices to inform agricultural policy.” — Brett Neibling, President of the Kansas Soybean Association 

“In these critical economic times, farmers do not need any more uncertainty in our business. While we all understand the health and nutritional objectives of MAHA, there has been a lot of concern in the agricultural community that crop protection materials could be unjustly targeted.”  — Tripp Hayes, President of the Delta Council

“Georgia growers need access to safe and reliable crop protection tools to compete in the global marketplace. Deemed safe for over 50 years by numerous studies, glyphosate is a key tool for Georgia growers that allows our farmers to grow the fresh produce that feeds our country.” — Chris Butts, Executive Director of the Georgia Fruit & Vegetable Growers Association

“Sorghum farmers use pesticides and other crop protection tools to grow more with less and support our families and communities. These products are EPA-tested and used responsibly. Continued access helps keep healthy food available and affordable for all Americans.” — Craig Meeker, Kansas Farmer and Former Chair of the National Sorghum Producers

“Sound science and good tools have put American agriculture at the front of the world’s producers for decades. Now, more than ever, we must protect our proven tools with that same sound science in order to grow for ourselves and the world.” — Todd Martin, CEO of the Independent Professional Seed Association

“Every family expects the food in their refrigerator and pantry to be safe. Fact-based science and trusted data are essential to ensure our farmers and food companies have the tools necessary to feed the world. Unfortunately, there are too many people using conspiracies and misinformation to undermine our agriculture and food economy. Sowing mistrust in our food and ag economy is bad for America, farmers, and families.” — Minnesota AgriGrowth 

“We need to use sound science, not rhetoric, in all things.” — Justin Sherlock, President of the North Dakota Soybean Growers Association

“In Hawaii, we are more committed than ever to fact-driven, science-based agricultural practices.” — Melissa Pavlicek, Executive Director of the Hawaii Crop Improvement Association

About The Modern Ag Alliance 

The Modern Ag Alliance is a diverse coalition of more than 100 agricultural organizations advocating for U.S. farmers’ access to the crop protection tools they need to ensure we have a robust and affordable domestic food supply. To learn more, visit modernagalliance.org.

Contact: contact@modernagalliance.org

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SOURCE Modern Ag Alliance

DALLAS, May 22, 2025 /PRNewswire/ — The board of directors at Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, approved a 13% increase in the quarterly dividend from $1.15 to $1.30 per share of common stock, payable July 15, 2025, to stockholders of record as of June 30, 2025. 

The Lennox Board of Directors also approved a $1 billion increase to its existing stock repurchase authorization, in addition to approximately $290 million remaining under prior authorizations as of May 12, 2025.

“The increase in our dividend and share repurchase authorization reflects our confidence in the company’s performance and ability to generate strong, consistent cash flow,” said Lennox Chief Financial Officer Michael Quenzer. “We remain committed to returning capital to shareholders, while maintaining a disciplined leverage profile and the flexibility to pursue strategic bolt-on M&A opportunities that accelerate growth.”

Stock repurchases may be made from time to time at management’s discretion. The stock repurchase program permits shares to be repurchased in a variety of methods, including open market purchases, accelerated share repurchases, or other privately negotiated transactions. The stock repurchase program has no time limit and may be suspended or discontinued at any time.

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com. 

Media Contact
pr@lennox.com 

Investor Relations Contact
investor@lennox.com

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SOURCE Lennox International Inc.

DES MOINES, Iowa, May 22, 2025 /PRNewswire/ — As Memorial Day approaches, Mindr, the industry leader in substance detection, monitoring and safety technology, reaffirms its deep commitment to our nation’s military members, veterans and their families. This year, Mindr has made hiring veterans and military families a top priority, with a strong focus on supporting their long-term success in the civilian workforce. 

“Our military families make tremendous sacrifices, and we recognize the unique skills and resilience they bring to the workforce,” said Amanda Sedars, Chief Human Resources Officer of Mindr. “Our experience working with military families has been incredibly rewarding. Their diverse professional backgrounds, adaptability and strong work ethic consistently make them exceptional team members who embody our core values: Put People First, Drive Results, Win as a Team and Own it. We are proud to support this community not just through recognition, but through action by offering meaningful, flexible and career-building opportunities that help them thrive.” 

The company has successfully hired military members, veterans and their families, providing them with growth opportunities, and is committed to supporting active military members before, during and after future deployments. 

Victoria Simmans, a Customer Care Specialist at Mindr, joined the U.S. Army Reserve right after high school because she was determined to make a difference. She discovered a profound sense of purpose and belonging in the military. For Simmans, the military was a close and loyal community that felt like family. It was there, amid the camaraderie and shared mission that she met the love of her life, her husband. Simmans served the country for eight and a half years before being tragically injured. Sustaining a long-term disability as a result, she was determined to find a role that gave her purpose and allowed her to continue making a difference but she struggled to find one within a company that would best support her. That all changed after receiving an offer from Mindr. 

When asked about her experience working at the company, Simmans said, “Mindr has been a game-changer for me and has changed my life. Mindr made transitioning from military to civilian life easy. I wanted to be a part of a mission-driven company focused on saving lives – that’s what we do here, and we do it as a team. I have had tremendous growth opportunities and was even promoted a few months after I started. I have never felt more seen, supported and allowed the flexibility and time-off needed to care for myself and my family. I encourage anyone who is a military member or veteran to apply here – go for it!” 

Mindr is actively seeking to hire veterans and military families and is a proud member of the U.S. Department of Defense’s Military Spouse Employment Partnership (MSEP). Mindr currently has 45 open positions in departments such as: Sales, Customer Service, Engineering and IT. Many of these roles offer remote options, helping meet the needs of the mobile military lifestyle. 

The company offers its employees a comprehensive and highly competitive benefits package, including dental, health and vision insurance; a 401(k) plan; paid holidays and time off; ongoing professional training; and more.

Mindr encourages military spouses, military members and veterans seeking new opportunities to visit www.mindr.com/careers to explore openings and learn more about how we’re building a workplace that honors and supports our military community year-round. 

About Mindr 
Mindr is a national leader in substance detection, monitoring and safety solutions. Its portfolio of trusted brands includes Intoxalock, Breathe Easy Insurance, Keepr, DUI.org and ADS Interlock. Mindr is focused on empowering individuals and institutions with the tools to make better decisions and create safer communities.

For more information, visit mindr.com. 

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SOURCE Mindr

BANGALORE, India, May 22, 2025 /PRNewswire/ — Carbon Capture Utilization System (CCU) Market is Segmented by Type (Pre-Combustion Carbon Capture, Oxy-Combustion Carbon Capture, Post-Combustion Carbon Capture), by Application (Oil & Gas, Power Generation).

The Carbon Capture Utilization System (CCU) Market was valued at USD 5090 Million in the year 2024 and is projected to reach a revised size of USD 11900 Million by 2031, growing at a CAGR of 13.1% during the forecast period.

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Major Factors Driving the Growth of Carbon Capture Utilization System (CCU) Market:

The Carbon Capture Utilization (CCU) market is experiencing robust growth due to the intersection of regulatory pressure, corporate sustainability goals, and technological advances in carbon reuse. Industries across power, oil and gas, chemicals, and construction are actively integrating CCU into their operations to reduce emissions and capitalize on new revenue streams. Diverse applications from synthetic fuels to carbon-negative materials are broadening the scope of CO₂ utilization. Strategic investments, government support, and cross-sector partnerships are accelerating commercialization. With climate goals becoming more urgent, CCU is evolving from a niche solution to a central pillar in global decarbonization efforts, offering both environmental and economic value.

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TRENDS INFLUENCING THE GROWTH OF THE CARBON CAPTURE UTILIZATION SYSTEM MARKET:

Oxy-combustion carbon capture is becoming a key driver in the growth of the Carbon Capture Utilization (CCU) market due to its capability to produce a nearly pure stream of CO₂, simplifying the capture and compression processes. By burning fossil fuels in pure oxygen instead of air, the resulting flue gas is highly concentrated in carbon dioxide and water vapor, enabling easier separation and reducing energy costs for capture. This method is especially attractive for retrofitting existing coal-fired power plants, where it provides an efficient pathway to reduce emissions. Additionally, oxy-combustion is increasingly being linked to industrial gas recovery, synthetic fuel production, and enhanced oil recovery (EOR), creating multiple revenue-generating opportunities and increasing its integration across diverse industrial sectors.

Pre-combustion carbon capture is significantly contributing to the expansion of the CCU market, especially in power plants and hydrogen production facilities. This process involves gasifying fossil fuels to produce a mixture of hydrogen and carbon monoxide, which is then shifted to generate hydrogen and carbon dioxide. The CO₂ is separated before combustion, enabling higher capture efficiency and easier integration with downstream utilization applications. This technology is widely used in integrated gasification combined cycle (IGCC) plants and is essential for producing blue hydrogen. With governments promoting low-carbon fuel transitions, pre-combustion technologies are gaining attention for their scalability and lower capture cost per ton. Industries adopting hydrogen fuel and synthetic gas are driving demand for this efficient carbon mitigation pathway.

The oil and gas industry is a dominant force propelling the growth of the CCU market due to its role in both carbon dioxide emissions and utilization. Captured CO₂ is being injected into oil fields to increase pressure and extract additional crude oil through Enhanced Oil Recovery (EOR), which simultaneously stores carbon underground. This dual economic and environmental benefit encourages major oil companies to invest in large-scale carbon capture facilities. Moreover, increasing regulatory pressure to reduce emissions and achieve net-zero targets has led to CCU being embedded in the decarbonization strategies of fossil fuel enterprises. Continued exploration of carbon-based fuels and synthetic hydrocarbons also supports long-term investment in capture and utilization infrastructure, sustaining market momentum.

Governments around the world are enforcing stringent carbon emission regulations to combat climate change, which directly supports the demand for CCU systems. Cap-and-trade programs, carbon taxes, and net-zero commitments are driving industries to seek solutions that capture and repurpose carbon dioxide. The introduction of mandatory emission thresholds for large polluters compels sectors like power, steel, cement, and chemicals to incorporate CCU into their environmental compliance plans. Additionally, participation in voluntary carbon markets by private corporations is expanding the scope of CCU beyond regulatory compliance, making it a preferred strategy for ESG (Environmental, Social, and Governance) objectives. This legal and reputational framework is a critical growth driver for carbon capture and utilization technologies globally.

The development of industrial clusters and carbon capture hubs is creating economies of scale for the CCU market. These hubs facilitate shared infrastructure for CO₂ transportation, storage, and utilization, which significantly reduces the cost per ton of CO₂ processed. Countries like the U.S., UK, and Norway are investing in such clusters, bringing together multiple industries such as refineries, chemical plants, and cement factories within a connected CO₂ network. These regional initiatives promote collaboration, reduce logistical barriers, and make CCU implementation more feasible for smaller industrial players. The growth of these hubs fosters investment, accelerates deployment timelines, and enhances the commercial viability of carbon capture and utilization technologies across multiple end-use sectors.

The CCU market is also driven by the rising demand for low-carbon construction and sustainable building materials. Captured CO₂ is being used to produce carbon-negative concrete, aggregates, and other construction inputs through mineralization processes. This application not only offsets emissions but also creates a circular economy for carbon-intensive industries. As urbanization increases and green construction standards become stricter, developers and governments are increasingly favoring materials with embedded carbon capture. The construction industry’s push toward net-zero buildings and carbon offsetting mechanisms is providing a strong commercial incentive for CCU companies to collaborate with material manufacturers. This evolving application of captured carbon supports diversification and long-term market resilience.

The development and commercialization of synthetic fuels using captured CO₂ is another factor driving CCU market growth. Technologies are being developed to convert CO₂ into methane, methanol, and even aviation fuels by reacting it with green hydrogen or other chemical agents. These fuels provide a renewable energy source for hard-to-decarbonize sectors like aviation, shipping, and long-haul transport. Countries investing in hydrogen economies are naturally adopting CCU technologies as part of their fuel development roadmap. Moreover, synthetic fuels derived from CO₂ are being considered as viable alternatives to fossil-based transportation fuels in climate policies. As these fuels move closer to commercial viability, the demand for carbon feedstock accelerates CCU technology adoption.

The private sector is increasingly becoming a catalyst for CCU market expansion due to the widespread adoption of net-zero goals and ESG-led investing. Multinational corporations in energy, cement, and steel sectors are under pressure from shareholders and consumers to demonstrate decarbonization. Investing in CCU allows them to visibly reduce their operational footprint and participate in the circular carbon economy. Furthermore, ESG-driven financial instruments and sustainability-linked loans reward companies that implement carbon capture and reuse. This financing mechanism enables scalable CCU deployments while encouraging innovation. The alignment of corporate strategy with climate-conscious investment trends makes CCU an integral part of forward-looking sustainability portfolios.

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CARBON CAPTURE UTILIZATION SYSTEM MARKET SHARE:

Global key players of the Carbon Capture Utilization System (CCU) include Exxon Mobil, SLB, Linde PLC, Halliburton, Huaneng, etc. The top five players hold a share of about 41%. North America is the world’s largest market for Carbon Capture Utilization System (CCU) and holds a share of about 50%, followed by Europe and Asia-Pacific, which share about 26% and 18%, separately. In terms of product type, Post-Combustion Carbon Capture is the largest segment, accounting for a share of about 86%. In terms of application, Oil & Gas is the largest field with a share of about 42 percent.

Key Companies:

• Siemens AG
• General Electric
• Mitsubishi Heavy Industries Ltd.
• Linde
• EXXON MOBIL
• Halliburton
• Fluor Corporation
• SLB
• Huaneng
• BASF AG
• Honeywell UOP
• Sulzer
• Equinor
• Shell
• JX Nippon (ENEOS)
• CarbonFree
• Sinopec Limited

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          The global market for Carbon Capture was estimated to be worth USD 4.41 billion in 2023 and is forecast to a readjusted size of USD 6.89 Billion by 2030 with a CAGR of 6.6% during the forecast period 2024-2030.
–          The global market for Point Source Carbon Capture Solution was valued at USD 4643 Million in the year 2024 and is projected to reach a revised size of USD 7555 Million by 2031, growing at a CAGR of 7.5% during the forecast period.
–          The global market for Small Scale Carbon Capture System was valued at USD 1447 Million in the year 2024 and is projected to reach a revised size of USD 2160 Million by 2031, growing at a CAGR of 6.7% during the forecast period.
–          The global market for Carbon Capture Compressor was valued at USD 915 Million in the year 2024 and is projected to reach a revised size of USD 1296 Million by 2031, growing at a CAGR of 5.8% during the forecast period.
–          Carbon Capture Usage and Storage (CCUS) System Market
–          CO2 Capture Usage and Storage (CCUS) System Market
–          The global market for Thermal Energy Harvesting System was estimated to be worth USD 1490 Million in 2023 and is forecast to a readjusted size of USD 2189.5 Million by 2030 with a CAGR of 5.7% during the forecast period 2024-2030.
–          The global market for Volatile Organic Compounds (VOC) Recovery System was estimated to be worth USD 26150 Million in 2023 and is forecast to a readjusted size of USD 34150 Million by 2030 with a CAGR of 3.9% during the forecast period 2024-2030
–          The global Hydrogen-Based CCUS Technologies market was valued at USD 1218 Million in 2023 and is anticipated to reach USD 6466.9 Million by 2030, witnessing a CAGR of 27.1% during the forecast period 2024-2030.
–          Carbon Capture and Utilisation Solutions Market 
–          CO2 Energy Storage (CES) Technology Market

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FORT LAUDERDALE, Fla., May 22, 2025 /PRNewswire/ — Today, Tambourine, the global leader in hospitality marketing technology, announces the acquisition of ReservHotel, the leading hotel reservation platform serving the CALA region (Caribbean and Latin America), with the mission of bringing this best-in-class technology to its hotel partners across North America.

Over the last decade, Tambourine has redefined what hotel websites could be — marrying beauty, simplicity and performance with a no upfront fees, no term contract model. Now, the company is expanding its vision: to redesign the entire path to purchase. With ReservHotel’s proven booking engine and reservation technology, that vision becomes reality.

“At Tambourine, we’ve always believed that great design isn’t just about aesthetics — it’s about removing friction and creating a seamless, intuitive experience,” said Rafael Cardozo, CEO of Tambourine. “This acquisition is the inevitable next step in our journey. We transformed how hotels present themselves online; now we’re transforming how guests complete that journey. ReservHotel’s powerful reservation platform gives us the missing piece to reimagine the entire hotel path to purchase — beautifully, intelligently, and end-to-end.”

With this acquisition:

• Tambourine clients now gain access to world-class booking engine technology equipped with hotel and air packaging, a dedicated reservations call center, and expert support.
• ReservHotel clients will now unlock Tambourine’s full suite of marketing tools, including its flagship product: high-converting, custom-designed websites.

Luis Barberi, CEO of ReservHotel, will join the executive leadership team at Tambourine. In his new role as Chief Reservations Systems Officer, Barberi will continue to oversee reservation technology and grow the reservations product line.

“Like Tambourine, ReservHotel has been trusted in the industry for over 30 years, powering over 500 of the world’s most respected hotels and resorts,” said Luis Barberi. “It’s been exciting to bring these two companies and their powerful tech stack together.”  

The acquisition, finalized in August 2024, reflects Tambourine’s continued push to redefine what’s possible in hospitality marketing and technology. Since then, Tambourine has retained ReservHotel’s Cancun offices to continue supporting call center operations and serving key accounts in Mexico. The ReservHotel brand has also been reintroduced as Reserv by Tambourine.

About ReservHotel

Reserv by Tambourine (formerly ReservHotel) has been a pioneer in hotel reservation technology across the Caribbean and Mexico for more than 30 years, earning a trusted reputation among the region’s leading all-inclusive resorts. Its robust booking engine offers hotel + air packaging, complex rate configurations, and a dedicated reservation call center—all built to meet the unique needs of resort operators across Latin America and the Caribbean. Visit reservhotel.com for more information.

About Tambourine

Tambourine is the global leader in hotel marketing technology, delivering integrated solutions that drive direct revenue and solve the industry’s toughest commercial challenges. With a product suite spanning sales, marketing, revenue, and now reservations, the company is known for pairing best-in-class service with a design-led approach—solving complex problems with elegant, high-performing solutions. Trusted by hotel brands in 47 countries, Tambourine continues to set the standard for innovation and results in hospitality. Visit tambourine.com for more information.

Contact: press@tambourine.com

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SOURCE Tambourine

After 18 joint replacement and reconstruction surgeries, Meghan Bradshaw finds relief and renewed mobility through comprehensive orthopedic care

CHARLOTTE, N.C., May 22, 2025 /PRNewswire/ — With its commitment to comprehensive, patient-centered care, OrthoCarolina continues to transform patient lives through world-class orthopedic treatment and musculoskeletal expertise. A powerful testament to this care is the story of 29-year-old Meghan Bradshaw, whose late-stage Lyme disease left her in need of over a dozen joint replacement and reconstruction surgeries.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/orthocarolina/9332351-en-orthocarolina-meghan-bradshaw-lyme-disease-bionic-woman 

The complexities of Bradshaw’s case demanded the expertise of multiple specialists within OrthoCarolina, including a bilateral hip replacement by Dr. John Masonis, bilateral shoulder replacements by Dr. Shadley Schiffern, and multiple hand surgeries by Dr. Glenn Gaston, as well as dedicated support from Physician Assistant Jeff Dabkowski and a consistent clinical team.

Beyond surgical intervention, OrthoCarolina also worked to connect Bradshaw with a Lyme disease specialist to help navigate her diagnosis, which had gone untreated for years. Through OrthoCarolina’s holistic approach, which emphasizes the entire patient experience, Bradshaw was able to manage long-term IV antibiotic therapy at home while continuing her orthopedic rehabilitation.

“Meghan’s case of Lyme arthropathy was one of the most advanced that I’ve encountered,” said Dr. Glenn Gaston, a hand specialist at OrthoCarolina. “She showed extraordinary resilience throughout her entire journey. Our goal wasn’t just to restore joint function, but it was also to help give her life back.”

Bradshaw’s health struggles began in 2015 shortly after graduating from college. In 2017, she was misdiagnosed with rheumatoid arthritis, seeking treatment through immunosuppressants and chemotherapy. While the treatment masked the symptoms temporarily, it failed to address the underlying cause, thus worsening her condition. By 2019, specialists at the Cleveland Clinic identified the real issue: late-stage Lyme disease, paired with Babesia and Bartonella co-infections. Due to the lack of proper diagnosis and treatment, extensive Lyme-induced joint deterioration had already occurred.

“By that time, I had already lost so much function,” Bradshaw said. “I needed surgeries every few months just to stay mobile.”

Between 2017 and 2022, she underwent 11 joint replacements, including bilateral hip and shoulder surgeries and multiple hand reconstructions. OrthoCarolina also facilitated a consultation with a Lyme disease specialist and supported her long-term IV antibiotic therapy from home, coordinated with her family.

“After all of these surgeries, my joints feel amazing,” Bradshaw added. “OrthoCarolina gave me my future back.”

Now known as the “Bionic Woman” for her record number of surgeries at such a young age, Bradshaw has become a national advocate for Lyme disease awareness. She has shared her story through media outlets including Today, Business Insider, and numerous health-focused podcasts, and has met with more than 100 members of Congress to champion the needs of those living with tick-borne illnesses.

Bradshaw’s case highlights not only the life-altering consequences of untreated tick-borne illness but also the importance of early diagnosis and comprehensive orthopedic care. Lyme disease, primarily transmitted by black-legged ticks, can cause serious complications if not detected early, including neurological disorders, cardiovascular issues, and in rare cases, rapid joint deterioration.

The Centers for Disease Control and Prevention estimates that nearly half a million Americans are diagnosed and treated for Lyme disease each year. Early symptoms often include fever, fatigue, and a distinctive “bull’s-eye” rash, but misdiagnosis is common, particularly in areas where Lyme disease is less prevalent.

“Tick bites can seem harmless, but the long-term effects can be devastating,” Bradshaw said. “If sharing my experience helps even one person get diagnosed sooner, it’s worth it.”

For more information about OrthoCarolina’s services, visit www.orthocarolina.com. To learn more about Lyme disease and tick-borne illnesses, visit www.cdc.gov/lyme.

About OrthoCarolina
Since 1922, OrthoCarolina has been a distinguished and reputable physician-owned and physician-led orthopedic practice that prioritizes delivering exceptional patient-centered care and pioneering solutions. An industry leader in orthopedic treatment, research, and education, they provide world-class musculoskeletal care across the Carolinas with 40+ locations and seven Orthopedic Urgent Care Centers. OrthoCarolina consistently pushes the boundaries of medical advancements and actively contributes to the training of new specialists, while working to enhance accessibility to unparalleled orthopedic care. Learn more at orthocarolina.com.

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SOURCE OrthoCarolina

Collaboration Supports Access to High-Quality Care for Maryland’s At-Risk Dual Eligible Special Needs Members

COLUMBIA, Md., May 22, 2025 /PRNewswire/ — AbsoluteCare, a leader in value-based health care, today announced the expansion of its partnership with CareFirst BlueCross BlueShield (CareFirst), one of the nation’s largest not-for-profit healthcare organizations. This enhanced collaboration underscores both organizations’ commitment to improving the health and well-being of Dual Special Needs Plan (DSNP) members who are eligible for both Medicare and Medicaid to support better health outcomes.

AbsoluteCare’s proven Beyond Medicine™ care model integrates medical, behavioral, and social support services, in their centers and out in the community, to address the root causes of poor health among vulnerable populations. By focusing on the most clinically complex members, this partnership aims to deliver transformative care that tackles challenges such as housing instability, food insecurity, and other social drivers of health.

“Expanding our partnership with CareFirst – an organization that shares our vision of equitable, comprehensive care for those who need it most – is an important step in our company’s growth,” said Michael Radu, CEO of AbsoluteCare. “Together, we are addressing the systemic barriers that contribute to poor health outcomes for Maryland’s chronically ill and disadvantaged residents.”

CareFirst has been a cornerstone of Maryland’s healthcare landscape, serving diverse communities across the state. The partnership with AbsoluteCare advances a broader approach to addressing community needs—one grounded in coordination across private, public and community sectors to deliver accessible, high-quality care and meet the unique needs of residents across all of Maryland’s 23 counties.

“AbsoluteCare has been a long-term partner for CareFirst, and our new partnership extends that relationship, allowing us to support a more integrated, community-based approach to care for those who can benefit the most from it,” said Mike Rapach, CEO, CareFirst Community Health Plan. “Our expanded partnership helps make health care more accessible and affordable by connecting members to comprehensive, coordinated services that support their whole health.”

AbsoluteCare’s holistic approach to care has yielded measurable success. For the past three years, over 95% of AbsoluteCare’s CareFirst members have had their annual preventive visit – a measure crucial for ensuring access to quality primary care services. AbsoluteCare maintained a 5-Star rating for both breast cancer screenings and diabetic eye exams and additionally has kept an average performance rate of at least 79% for controlling high blood pressure, colorectal cancer screenings, and for 30-day hospital follow-up engagements.

These results highlight AbsoluteCare’s dedicated, personalized approach to supporting complex CareFirst members. Through this expanded partnership, even more individuals with high care needs across Maryland will gain access to this specialized care.

About CareFirst BlueCross BlueShield
In its 87th year of service, CareFirst, an independent licensee of the Blue Cross and Blue Shield Association, is a not-for-profit healthcare company which, through its affiliates and subsidiaries, offers a comprehensive portfolio of health insurance products and administrative services to 3.5 million individuals and employers in Maryland, the District of Columbia and Northern Virginia. In 2024, CareFirst infused $403 million in support of regional community impact to improve overall health and advance accessible, affordable, equitable, high-quality healthcare. To learn more about CareFirst BlueCross BlueShield, visit www.carefirst.com 

About AbsoluteCare
Headquartered in Columbia, Maryland, AbsoluteCare is a leading value-based integrated healthcare provider. We go Beyond Medicine™ to provide comprehensive and preventive care to the most vulnerable populations. AbsoluteCare offers health services using a risk-bearing, PCP-driven care model. We treat the most clinically complex members of the communities we serve, many of whom face behavioral health, substance use, and SDoH challenges. AbsoluteCare tends exclusively to the needs of the high-risk population who persistently represent a disproportionate amount of unnecessary utilization and cost. AbsoluteCare operates in 11 markets: Baltimore and Prince George’s County, MD; Chicago, IL; Akron, Cincinnati, Cleveland, Columbus, and Dayton OH; New Orleans, LA; and Philadelphia and Pittsburgh, PA. For more information, visit www.absolutecare.com.

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SOURCE AbsoluteCare Manager, LLC.