Helbiz Media Signs Agreement With MLB to Stream Next Three Seasons on Helbiz Live

HELBIZ MEDIA SIGNS AGREEMENT WITH MLB TO STREAM NEXT THREE SEASONS ON HELBIZ LIVE

HELBIZ MEDIA SIGNS AGREEMENT WITH MLB TO STREAM NEXT THREE SEASONS ON HELBIZ LIVEHelbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be publicly listed on the Nasdaq, today announced an agreement between Helbiz Media, the company’s media arm and streaming entertainment service, and Major League Baseball (MLB), the North American professional baseball league, to acquire the OTT rights to stream the next three MLB seasons on the Helbiz Live platform in Italy.

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be publicly listed on the Nasdaq, today announced an agreement between Helbiz Media, the company’s media arm and streaming entertainment service, and Major League Baseball (MLB), the North American professional baseball league, to acquire the OTT rights to stream the next three MLB seasons on the Helbiz Live platform in Italy.

Through this agreement, Helbiz Live will have live streaming rights for up to four MLB games weekly, in addition to the All-Star, Field Of Dreams, Little League Classic and all playoff games. Helbiz Live subscribers will be able to access live games from the beginning of the season set for April 7, 2022. Highlights and replays of each streamed game will be available to stream on demand.

“We are thrilled to expand the sports content on Helbiz Live to include Major League Baseball games,” said Matteo Mammì, CEO of Helbiz Media. “As one of the most-watched sports in the United States with a passionate international fanbase, this allows us to expand the audience that will have access to additional premium content to watch on Helbiz Live. Our goal is to continue to grow Helbiz Live offerings to meet the wants and needs of our subscribers at an attainable price point.”

This agreement expands the global offerings of Helbiz Live. The service already features Italian Serie B soccer, NFL and NCAA games along with special events like Miss Italy.

Helbiz Live is available through a monthly subscription of $5.99, which offers $4 cashback to be used towards Helbiz micro-mobility rentals. It is also available through a yearly subscription of $49.99, which offers $30 cashback. Users can also subscribe to Helbiz Unlimited, a monthly subscription of $39.99 that includes Helbiz Live streaming and an unlimited number of micro-mobility rides per month, up to 30-minute per day.

About Helbiz
Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform with over 40 licenses in cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability.
Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app. For additional information, please visit www.helbiz.com.

For more information:

LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it +39 02 26305578 M +39 333 3905243

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/02718ec6-a35f-46ef-a1fa-6e8b1d63f513

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Industry leaders to speak at Wood Mackenzie’s inaugural Low-Carbon Hydrogen Conference

Join executives from EDP, ING Wholesale Banking and HydrogenOne Capital as new event looks at the fundamental drivers shaping the future of the hydrogen economy

LONDON/HOUSTON/SINGAPORE, March 21, 2022 (GLOBE NEWSWIRE) — Low-carbon hydrogen will play a fundamental role in transforming the energy, transportation and heavy industries sectors to achieve a net-zero economy. However, the pace at which low-carbon hydrogen production will become commercially viable varies greatly depending on technology.

As energy majors, power and natural gas utilities, financiers, technology providers, hydrogen distribution and storage operators and regulators define the path towards low-carbon hydrogen’s commercial scalability, Wood Mackenzie will gather industry leaders at its inaugural Low-Carbon Hydrogen Conference on April 27-28.

The hybrid in-person and virtual conference brings together CEOs, policymakers, entrepreneurs, investors, thought leaders and regulators to discuss how to scale up global low-carbon hydrogen production and chart the path for low-carbon hydrogen markets.

As well as exclusive presentations from Wood Mackenzie experts and a top-tier speaker line-up, including representatives from EDP, ING Wholesale Banking and HydrogenOne Capital, the Low-Carbon Hydrogen Conference provides the opportunity to connect with leading power and natural gas utilities, energy regulators and electrolyser and Carbon Capture, Utilisation and Storage (CCUS) technology innovators.

Each day will include a breakout session enabling delegates to connect directly with other attendees, Wood Mackenzie analysts and exhibitors.

Key themes on the agenda include:

  • Where Is Low-Carbon Hydrogen Today and What Can We Expect Over the Next Five Years?
  • Low-Carbon Hydrogen as a Foundational Piece in Decarbonisation
  • Towards Gigawatt Scale – Outlining Key Electrolyser Tech Innovations, Enhanced Production Capabilities and the Pace of Technology Cost Declines to Understand Green Hydrogen’s Economics and Scalability Potential
  • When Does Blue Hydrogen Make Sense and Why? Unpacking the Key Technology, Policy and Demand Drivers for CCS Clusters
  • Financing the Low-Carbon Hydrogen Economy, One Project at a Time
  • The Role of Green Hydrogen as a Balancing Mechanism in Power
  • How Hydrogen Will Impact the Transition Towards Net-Zero Vehicles
  • The Fastest Route to Net-Zero Hydrogen

The Low-Carbon Hydrogen Conference will hear from leading experts from across the industry including:

  • André Pina, Associate Director, Hydrogen Strategy, EDP
  • Benjamin Colegrave, Director, Corporate Finance – Energy, ING Wholesale Banking
  • Sundus Cordelia Ramli, Chief Commercial Officer, Haldor Topsoe
  • Richard Hulf, Managing Partner HydrogenOne Capital
  • Ed Craddock, Director Natural Resources, MUFG

To reserve your place at Wood Mackenzie’s inaugural Low-Carbon Hydrogen Conference, or for further information, please click on this link.

ENDS

Wood Mackenzie Event Health & Safety Guidelines/Policies

Wood Mackenzie is committed to providing a safe and healthy environment for all event participants. Our decisions and preventive measures will be guided by the requirements and recommendations of the local health authorities. We are working with the event venue on implementing preventive measures to reduce the potential spread of COVID-19 at the event. Preventive measures include:

  • Masks must be worn by all event participants at all times
  • Enhanced sanitizing of meeting and exhibit spaces
  • Extra venue space to allow for social distancing in meeting space
  • Hand sanitizing stations throughout the meeting and exhibit spaces

All Wood Mackenzie policies are subject to change. If changes be made, a notification will be sent to all registered attendees.

About Wood Mackenzie:
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world’s natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie

WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trademark registrations and/or applications in the European Community, the USA and other countries around the world.

About Verisk
Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work.
For more: Verisk.comLinkedInTwitterFacebook and YouTube.


For further speaking and programme enquiries, please contact Wood Mackenzie’s Events team:
Julie Mayeras
julie.mayeras@woodmac.com and +44 330 174 1913

Juan Monge
juan.monge@woodmac.com and +44 7929 865456

Media enquiries:
Vivien Lebbon
Vivien.Lebbon@woodmac.com and +44 330 174 7486

Taconic Biosciences Improves rasH2 Carcinogenicity Test System Access in Asia-Pacific Region

Four-way distribution partnership provides quality, consistent rasH2 supply to India and China, better serving global customers

RENSSELAER, N.Y., March 21, 2022 (GLOBE NEWSWIRE) — Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has appointed Nomura Siam International Co., Ltd. (NSI) and Nomura Jimusho. Inc. (NJI) as sales agents and distributors of the rasH2 Mouse Carcinogenicity Test System in India and China, respectively. These distribution arrangements greatly improve rasH2 access for the burgeoning pharmaceutical industry in the Asia-Pacific region.

The rasH2 transgenic mouse model is the only short-term (6-month) carcinogenicity test system that is both accepted by global regulatory authorities and readily available in commercial production. Invented by the Central Institute for Experimental Animals (CIEA), the rasH2 model is widely used as an alternative to the 2-year carcinogenicity bioassay, providing a faster, more accurate test system that better aligns with Russell & Burch’s 3R tenets. Taconic and CLEA Japan, Inc (CLEA) have provided validated and consistent rasH2 mice for use in North America, Europe, and Asia since 2006, though access in India and China has been limited. As drug discovery and development activity increases in India and China, access to a carcinogenicity assay that is accepted by the US Food and Drug Administration (FDA) and European Medicines Agency (EMA), as well as local authorities, is vital.

Under the new agreement, NSI serves as sales agent and distributor for India and NJI as sales agent and distributor for China. These distributors and sales agents greatly simplify the transaction process for users located in these countries. NSI and NJI will leverage CLEA and Taconic production colonies in Japan, Denmark, and the US to meet customer demand, facilitating investigator access. Taconic, CLEA, and CIEA closely monitor these colonies and perform regular functional studies using positive control compounds to assure performance critical for drug safety assessment. The arrangement also allows CLEA and Taconic to align production to meet global demand through improved visibility into rasH2 global use and needs.

“The rasH2 model has delivered on the promise of transgenic technology by demonstrating exceptional value in carcinogenicity assessment of new drugs, and the worldwide adoption of this system is a testament to its advantages in terms of speed, specificity, and total cost,” said Dr. Michael Seiler, vice president commercial products at Taconic.

“This historic collaboration ensures customers in every country have full access to the rasH2 carcinogenicity test system,” said Ryuta Nomura, CIEA chairman of the board and CEO. “This partnership will significantly increase the likelihood that all customers globally receive rasH2 as requested with minimal delay, enabling studies to be performed sooner and ultimately helping to get new life-saving medications on the market faster.”

To learn more about the rasH2 model, please call 1-888-TACONIC (888-822-6642) in the US, +45 70 23 04 05 in Europe, or email info@taconic.com.

About Taconic Biosciences, Inc.

Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom-generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, microbiome, immuno-oncology mouse models, and integrated model design and breeding services, Taconic operates service laboratories and breeding facilities in the US and Europe, maintains distributor relationships in Asia, and has global shipping capabilities to provide animal models almost anywhere in the world.

About CIEA:

Central Institute for Experimental Animals is a private and independent non-profit institute, founded in 1952 with the aim of contributing to medical care and medical science based on animal experiments.

About CLEA:

CLEA Japan Inc. was founded in 1965 as a total system supplier of laboratory animals, their diet and equipment, to support bioscience research and development with a vision of health, welfare, and environment for humans.

CLEA operates four breeding facilities in Japan, a joint venture facility in Thailand, and Technical Service Center near Mt. Fuji in Japan.

About Nomura Siam International Co. Ltd. (NSI):

Nomura Siam International Co. Ltd., based in Bangkok, Thailand, was jointly established in 2012 by CLEA Japan, Inc. and Nomura Jimusho, Inc. to provide a one-stop service for the laboratory animal field. As a one-stop service supplier, NSI not only sells laboratory animals but also handles a wide range of related products, including equipment for rearing animals and experiments, feeds, and bedding, as well as provides consulting services for preclinical research and designing facilities for laboratory animals.

About Nomura Jimusho. Inc. (NJI):

Established in 1933 for petroleum-related businesses and diversified the activities to deal in products with unique and distinct characteristics in fields such as oil-refining catalysts, special materials, plastic containers, specialty chemicals, and life sciences. In the life sciences field, NJI/NSI have been supplying laboratory animals and various laboratory animal equipment for over a decade to overseas market, such as China, Korea, Thailand, Singapore, Indonesia, Malaysia, and recently India in the partnership with Taconic Biosciences, Inc.

Media Contact:

Aidan Bouchelle
Associate Director, Marketing Operations
518-949-7598
Aidan.Bouchelle@taconic.com

NAI Global Announces International Market Trends Report on Commercial Real Estate

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — NAI Global President and CEO Jay Olshonsky, FRICS, CCIM, SIOR announced the release of a Global Market Trends & 2022 Forecast Report covering its four core geographic markets. Those markets are comprised of The Americas, Europe, Asia Pacific and the Mid-East & North Africa (MENA).

NAI Global is an international commercial real estate services firm that provides advisory, brokerage and property management in over 300 markets worldwide. Here are some of the highlights from each region.

AMERICAS

  • Restaurants are recovering now, but we are also seeing new concepts wanting to enter the NYC market because rents have come down from their height. There are brands and companies who were priced out now seeing opportunities to enter the market.
  • In New York City, tenants are coming back and signing new leases, but they require flexibility on terms, renewal options, sometimes termination options.
  • Companies are trying to figure out how to handle future growth, while confronting the hybrid work scenario. So they require flexibility too.
  • Demand for industrial development and existing industrial properties is the hottest sector in Canadian commercial real estate (CRE).
  • Medical REITs were among the most active buyers in 2021, looking for product and paying big numbers. Construction costs also increased in 2021. Both of these trends are expected to hold steady in 2022.
  • Multifamily transaction volume exceeded $200 billion in 2021 and is expected to exceed that in 2022.
  • Despite the pandemic and rising fuel costs, Mexico was almost perfectly positioned for a record spike in demand for industrial real estate.

EUROPE

  • The Eurozone experienced 5% GDP growth rate in 2021 and is expected to be 4.3% in 2022 and 2.5% in 2023. The war in Ukraine, however, is likely to impact these forecasts negatively.
  • The implications and applications of “Brexit” continue to be an evolving matter, but the economy of the United Kingdom is resilient, and the Organisation for Economic and Cooperative Development (OECD) expects it to hit its pre-COVID levels by early 2022, with a moderate growth expectation of 4.7% predicted in 2022.
  • In the U.K., the boom in the life sciences sector is quickly becoming an established trend.
  • Demand for office space in Munich and Berlin is greater than in other metropolitan cities in Europe.

ASIA PACIFIC

  • The Asian Development Bank (ADB) revised its economic growth outlook for developing Asian countries, with expectations dipping slightly to 7.0% (GDP) for the final 2021 figure, and 5.3% in 2022.
  • In East Asia 5% GDP is forecast, drawing from the People’s Republic of China (PRC) (the region’s largest economy) which is now forecasting 5.3% growth in 2022.
  • Morgan Stanley Australia upgraded their 2022 GDP forecast to 4.9% in 2022. The OECD reports New Zealand GDP closed out 2021 at 4.7%, but expects it to slow to 3.9% in 2022.
  • South Korea showed clear signs of rapid recovery in 2021 with the economy expanding 4% year-on-year and expected to be about the same in 2022.
  • The main challenge in South Korea was the decrease in both CRE supply and transactions overall. However, the decrease in commercial real estate activity was not as rapid as that seen in residential, and it seems ready to bounce back in 2022.

MID-EAST & NORTH AFRICA (MENA)

  • In 2019, NAI Global entered the Middle East with new offices in Jeddah, Riyadh (Kingdom of Saudi Arabia) and Dubai (UAE). Despite the complications of the Covid-19 pandemic, the region has enjoyed early successes and landed major clients.
  • Last year economic growth for MENA countries was to 4.1% (GDP), and the outlook for 2022 shifted to 4.1%, up from an estimate of 3.7% made in April 2021.
  • New regulations have been passed allowing international investors to operate without a local partner. Many internationals are arriving with needs for retail, offices, and logistics spaces – the full offering for commercial real estate.
  • Saudi Arabia is building a car-less, zero-carbon smart city known as The Line as part of Neom, the futuristic economic zone and city set in the country’s northwest on the coasts of the Red Sea and Gulf of Aqaba….and is expected to add $48 billion a year to the Kingdom’s GDP by 2030.

To view the entire report and forecast, click here:
https://www.dropbox.com/s/gg2g61t4rfur6uz/NAI%20E-BOOK%202022_FINAL_1.pdf?dl=0

For more information on NAI Global visit www.naiglobal.com/

Press Contacts:
Gary Marsh, Marsh Marketing 415.999.3793 or gary@marshmarketing.com
Lindsay Fierro, NAI Global 212.405.2474 or news@naiglobal.com

WillScot Mobile Mini Acquires Blast Resistant Module Lease Portfolio

PHOENIX, March 21, 2022 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in modular space and portable storage solutions, today announced that it acquired a portfolio of blast resistant modules and related assets from Satellite Structures, Inc. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement.

Brad Soultz, Chief Executive Officer, commented, “As the leader in modular space and storage solutions, I am excited to build upon our industry leading safety culture and technical expertise to expand our offering of blast resistant modules, making WillScot Mobile Mini a provider of choice in this segment of the modular market. This transaction creates new opportunities to grow our offering with existing customers in the industrial, petrochemical, manufacturing, defense and other verticals that demand the highest standards for safety, service, reliability, and turnkey solutions, all of which WillScot Mobile Mini is uniquely positioned to deliver. Across all of our verticals, we bring the most sophisticated capabilities to the most demanding customers. We will continue to extend those capabilities through our acquisition strategy and the development of our ‘Ready to Work’ value proposition, as well as the application of technology and other commercial and organizational best practices.”

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” “shall,” “outlook” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating value creation, the Company’s share price, and the Company’s future performance. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. These risks include, without limitation, the risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ended December 31, 2021), which are available through the SEC’s EDGAR system at www.sec.gov and on our website. Any forward-looking statement speaks only at the date which it is made, and WillScot Mobile Mini disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About WillScot Mobile Mini Holdings Corp.

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of over 275 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Contact Information

Investor Inquiries:

Nick Girardi

nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk

scott.junk@willscotmobilemini.com

Helen Sung keys in on pioneering women jazz composers with her new ‘Quartet+’ album and tour

Published by
The San Diego Union-Tribune

How many female role models did Helen Sung have when she began her transition into jazz at the University of Texas at Austin, where she earned her bachelor’s and master’s degrees in classical piano performance in 1993 and 1995, respectively? In a word, none. How many female role models did Sung have when she earned a full scholarship to the inaugural class at the Thelonious Monk Institute of Jazz in 1995? Again, none, which is surprising given that her excellent new album, “Quartet+,” pays heartfelt tribute to such stellar artists — all pioneering pianists — as Mary Lou Williams, Carla Bley, G… Continue reading “Helen Sung keys in on pioneering women jazz composers with her new ‘Quartet+’ album and tour”

FreedomPay Enables Sephora to Deliver Next Level Mobile POS Platform for Enhanced Consumer Experience across the Americas

Global Beauty Giant Selects FreedomPay for Next Level Commerce Solutions

Philadelphia, Pennsylvania, March 21, 2022 (GLOBE NEWSWIRE) — FreedomPay, the world’s leading commerce platform, announces partnership with Sephora USA, Inc. the leading prestige beauty omni-retailer, to integrate FreedomPay’s data-driven commerce technology platform in Sephora’s 500 plus stores across the Americas.

“FreedomPay is proud to announce the agreement with Sephora, to provide a world class experience to its millions of customers across the Americas,” said Chris Kronenthal, President at FreedomPay. “Our suite of touchless commerce and data solutions will enable Sephora to provide customers a fast, frictionless, and innovative consumer experience.”

The partnership allows for a safe and secure next-level Mobile POS consumer experience for shoppers with FreedomPay. The new touchless capable payment system enables Sephora clients to have complete control over their checkout experience, giving consumers the option to pay via contactless payment methods and digital wallets all on their own device, including Apple Pay, Google Pay and Samsung Pay.

“Now more than ever, it is critical for us at Sephora to be able to adapt to the quickly changing retail environment and that’s especially important at the point of sale,” said Sree Sreedhararaj, Senior Vice President and Chief Technology Officer at Sephora. “Our clients desire a seamless experience in every step of the shopping journey, and our partnership with FreedomPay allows us to maximize efficiencies and capabilities at checkout.”

About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

About Sephora Americas

Since its debut in North America more than 20 years ago, Sephora has been a leader in prestige omni-retail with the mission of creating an inviting beauty shopping experience and inspiring fearlessness in our community. With the goal of delivering unbiased shopping support and a personalized experience, Sephora invites clients to discover thousands of products from more than 340 carefully curated brands, explore online and through our mobile app, enjoy services at the Beauty Studio and engage with expertly trained Beauty Advisors in more than 500 stores across the Americas. And with its new long-term retail strategic partnership, clients can now shop Sephora at Kohl’s, a fully immersive, premium beauty destination, with 200 locations in 2021, and at least 850 locations by 2023. Clients can access the free-to-join Beauty Insider program and digital community, which together enhance the experience of Sephora’s passionate clients.

Sephora has been an industry-leading champion of diversity, inclusivity, and empowerment, guided by our longstanding company values. In 2019, Sephora announced a new tagline and manifesto, “We Belong to Something Beautiful,” to reinforce its dedication to fostering belonging amongst all clients and employees and to publicly strive for a more inclusive vision for retail in the Americas. Sephora continues to give back to our communities and advance inclusion in our industry through its social impact and equity programming, called the Sephora D&I Heart Journey.

For more information, visit: https://www.sephora.com/about-us and @Sephora on social media. For media inquiries, please visit our Sephora newsroom or email ExternalComms@sephora.com

Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
(734) 395-0780
jennifer.tayebi@hkstrategies.com

Hitachi Energy to provide advanced grid connection for the world’s largest eucalyptus pulp mill in Brazil Innovative solution will enable surplus renewable electricity to be transferred into the national power grid

Innovative solution will enable surplus renewable electricity to be transferred into the national power grid

Zurich, Switzerland, March 21, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, the global technology and market leader in power grids, announced today that it has won an order from Suzano, the world’s leading eucalyptus pulp producer and one of Latin America’s largest paper producers, to design and deliver a complete grid connection solution for the company’s new pulp mill in Brazil.

Suzano’s new factory will be the world’s largest single-line eucalyptus pulp mill and Brazil’s first pulp production facility to be fossil fuel free when completed in the second half of 2024. It will have an annual production capacity of 2.5 million tons and will increase Suzano’s output by 20 percent. About half of the electricity generated will be transferred to the national power grid, enough to supply around 2.3 million people for one month.

The two companies have worked closely together on grid solutions for Suzano’s fleet of mills over the past 20 years. In this spirit of collaboration and co-creation, Hitachi Energy has contributed its pioneering technologies and its unique system integration capabilities, engineering expertise and extensive experience of local grid code requirements. This enables Hitachi Energy to design and supply complete solutions with exceptional levels of reliability, that are fundamental for these types of application.

“We are honored and delighted to be working with Suzano again on this landmark project that sets a new benchmark in sustainable pulp production and shares its emission-free electricity with society at large,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “This is another example of how our solutions are advancing the world’s energy system to be more sustainable, flexible and secure.”

“The construction of the new factory is the biggest investment in Suzano’s history, so it is vital that the grid connection through which we generate additional revenue from our surplus energy operates at outstanding levels of reliability and availability,” said Mauricio Miranda, Engineering Director at Suzano. “We chose Hitachi Energy as our technology partner based on more than 20 years of successful collaboration and consistent delivery of innovative, reliable solutions and exceptional project execution.”

Hitachi Energy will supply a state-of-the-art grid connection solution to enable the surplus renewable power to be transferred reliably, safely and securely into the national power grid. The solution’s compact footprint is based on advanced gas-insulated switchgear and offers excellent performance in terms of efficiency and availability, while minimizing the total lifecycle cost and CO2 footprint.

To secure reliability and availability, key elements of the grid connection, such as the transformers will be equipped with Hitachi Energy’s digital monitoring systems to provide real-time data and performance insights and enable predictive maintenance. Hitachi Energy will provide a complete solution across the value chain, from system studies and grid code compliance to design and engineering, supply and installation and commissioning.

Hitachi Energy is the world’s leading provider of grid connections and power quality solutions, with an installed base of more than 10,000 projects worldwide, over 800 of which connect renewable energy sources to the grid.

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company’s consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachment

Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com

US says 3 China bases in South China Sea now fully militarized

China has fully militarized at least three of its artificial islands in the South China Sea, equipping them with missile systems and fighter jets, a top U.S. commander has said.

The Associated Press quoted U.S. Indo-Pacific commander Adm. John C. Aquilino as saying on Sunday that the construction of missile arsenals, aircraft hangars, radar systems and other military facilities at Mischief Reef, Subi Reef and Fiery Cross “appeared to have been completed.”

“The function of those islands is to expand the offensive capability of the PRC (People’s Republic of China) … They can fly fighters, bombers plus all those offensive capabilities of missile systems,” Aquilino said.

“They threaten all nations who operate in the vicinity and all the international sea and airspace,” he added.

This is in stark contrast to Chinese President Xi Jinping’s reassurance that China would not militarize the islands.

Beijing has developed at least seven artificial islands in the South China Sea, creating 3,200 acres of new land since 2013, according to the Asia Maritime Transparency Initiative at the Washington-based Center for Strategic and International Studies.

This is the first time U.S. officials have mentioned the deployment of Chinese fighter jets to the islands as according to Greg Poling, AMTI’s director, “no one has ever spotted fighter jets in the Spratlys so far as we know.”

In 2015, during a visit to the White House, Xi said: “Relevant construction activities that China are undertaking in the island of South — Nansha (Spratly) Islands do not target or impact any country, and China does not intend to pursue militarization.”

Xi also said that China is “committed to maintaining peace and stability in the South China Sea.”

Aquilino told AP that “over the past 20 years we’ve witnessed the largest military buildup since World War II by the PRC.”

“They have advanced all their capabilities and that buildup of weaponization is destabilizing to the region,” he said.

He also said that any military and civilian plane flying over the disputed South China Sea “could easily get within range of the Chinese islands’ missile system.”

China has yet to respond to Aquilino’s statement in the report but Beijing has said that it is committed to “managing differences and disputes through dialogue, and addressing disputes through negotiation, consultation, and peaceful manner, and exploring ways to achieve mutual benefit through cooperation.”

Six parties including Brunei, China, Malaysia, the Philippines, Taiwan and Vietnam hold competing claims to the South China Sea, but China’s claims are the most expansive.

An international tribunal in 2016 rejected China’s claims but Beijing refused to accept the ruling.

Continued drills

Meanwhile in China, the Hainan Maritime Safety Administration on March 19 issued a new navigation warning banning ships from entering an area in the Gulf of Tonkin for 20 days, until April 9, due to military exercises.

This area was already closed for live-fire drills from March 4 to March 15. The Taiwanese intelligence agency said on March 10 that the closure might have been for the Chinese military to carry out search-and-rescue for an aircraft which reportedly crashed in the sea earlier this month.

China has not acknowledged any plane crash.

Part of the closed area lies within Vietnam’s exclusive economic zone (EEZ) and the Vietnamese Foreign Ministry protested, asking China to respect its EEZ and continental shelf.

China’s Foreign Ministry replied, saying that “it is reasonable, lawful and irreproachable for China to conduct military exercises on its own doorstep.”

Vietnam and China reached an agreement to demarcate their share of most of the Gulf of Tonkin in 2000 but their negotiation on the mouth of the gulf has stagnated.

Taiwanese intelligence officials have warned that as the world is focused on the war in Ukraine, China is taking advantage of the situation to “test the limits of the U.S. and other South China Sea claimants.”

Source: Radio Free Asia

February 2011 Approval of Overseas Chinese Investment, Mainland Investment in Taiwan, Foreign Investment, and Statistical Press Release on Investment in Mainland China

According to the statistics of the Investment Review Committee of the Headquarters, from January to February 2011, 300 overseas investment projects were approved, a decrease of 21.47% over the same period of the previous year; Equivalent to NT$52.67679 billion), an increase of 100.91% over the same period of the previous year, mainly due to the approval of Danish businessmen CI II CHANGFANG K/S from January to February 2011 to pay NT$10.563434747 trillion to Copenhagen Infrastructure Changfang Co., Ltd. increased loan investment to reinvest in Changfang Offshore Wind Farm, and HITACHI, LTD. acquired Yongda Electromechanical Industry Co., Ltd. for NT$24,673,084,363 379 million 2,832 shares and other large-scale investments.

From January to February 2011, the number of new companies approved was 174, and the investment amount of new companies was US$73,110,893 (equivalent to approximately NT$2,193,326,800); in addition, from January to February 2011, new southbound countries were approved The number of investment projects in Taiwan was 66, a decrease of 12% over the same period of the previous year. The investment (increase) amounted to US$136.75 million (equivalent to NT$4.125 billion), an increase of 5.21% over the same period of the previous year. The main sources of investment are Singapore, Thailand and Australia.

In terms of Chinese investment in Taiwan, from January to February 2011, the number of approved Chinese investment in Taiwan was 9, an increase of 80% over the same period of the previous year; 174.81 million yuan), a decrease of 56% compared with the same period of the previous year, mainly due to the approval of the mainland-funded investor Hong Kong Commercial Waterhouse Wireless Radio Frequency Tag (Hong Kong) Co., Ltd. with NT$274.5 million in January-February 2011 Large-scale investment projects such as increasing the funds used by the Taiwan branch for business operations were higher than the base period. Since June 30, 1998, when mainland investors were allowed to invest in Taiwan, the total number of approved Chinese investment in Taiwan was 1,519, and the approved investment (increase) amounted to US$2.5333352 trillion (equivalent to NT$76 billion). 560,000 yuan).

In terms of foreign investment, the number of approved (prepared) foreign investments from January to February 2011 was 80, an increase of 50.94% over the same period of the previous year; 55.44 million yuan), a decrease of 22.13% over the same period of the previous year. In addition, from January to February 2011, the number of approved (prepared) investments in new southbound countries was 23, an increase of 35.29% over the same period of the previous year. 6.3 billion 930,000 yuan), a decrease of 72.40% over the same period of the previous year; among which the larger investment amount is Vietnam, Singapore and Cambodia.

In terms of investment in mainland China, the number of approved investments in mainland China from January to February 2011 was 74, an increase of 17.46% over the same period of the previous year; NT$14.0526 billion), an increase of 10.59% over the same period of the previous year.

Source: Ministry of Economic Affairs R.O.C