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PittMoss Recognized at Pepperdine’s Most Fundable Companies Event

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Leader in Sustainable and Peat-Free Soil Movement
One of Only 18 Companies Honored at Prestigious Event

PITTSBURGH, Sept. 30, 2024 /PRNewswire/ — PittMoss, a pioneer in sustainable, peat-free soil solutions, has been named one of the Most Fundable companies by the Pepperdine Graziadio Business School’s Most Fundable Companies® initiative.

The announcement was made at the exclusive reveal event held at the Villa Graziadio Executive Center, Thursday, September 26.

Presented by the Singleton Foundation for Financial Literacy and Entrepreneurship, the event celebrated startups that are redefining industries and communities across the U.S. Among the 18 companies recognized, PittMoss stood out for its groundbreaking work in creating the world’s most sustainable soil. With 2,300 total applicants, PittMoss was ranked in the top 0.8 percentile of all companies in the event.

“Being recognized by the Pepperdine judges as one of America’s most fundable companies is a great honor,” said Brian Scott, CEO, PittMoss. “It validates our team’s and investors’ belief that we can disrupt the peat-based horticulture industry with a sustainable, high-performing product that offers cost savings. This industry must evolve, much like we’ve moved away from coal.”

PittMoss products, including the Plentiful Organic Potting Soil blend, are recognized for their sustainability and environmental responsibility. Certified by the Organic Materials Review Institute (OMRI), Plentiful Organic Potting Soil is a meticulously crafted blend that meets stringent organic standards. All PittMoss products are free from herbicides, pesticides, PFAS, and heavy metals, while delivering superior plant growth with less water and fertilizer than competing brands. Its products also have been ranked in the past by Better Homes & Gardens as the best indoor and outdoor potting soil.

Unlike conventional soils, PittMoss products are composed of upcycled fiber materials, eliminating the environmental harm caused by carbon-emitting peat harvesting. The innovative formulas not only reduce water consumption by up to two-thirds, but also prevent weed growth and promote optimal plant health, making PittMoss the most sustainable choice for home gardeners and commercial growers alike.
In addition to their functional benefits, PittMoss’s substitutes offer significant environmental advantages. By reducing reliance on peat moss, PittMoss contributes to biodiversity conservation and carbon sequestration efforts. In fact, over the recent years, the use of PittMoss by its customers has helped reduce 17,978 metric tons of CO2 and 243 kilograms of N2O in the environment.

More than 2,300 early-stage companies from across the country participated in the Most Fundable Companies initiative, a free resource to help startups secure capital and accelerate meaningful innovations across industries. This year’s winners, including PittMoss, represent a diverse range of industries such as healthcare, biotechnology, software, and consumer products.

The Most Fundable Companies initiative evaluates startups on key factors such as financial projections, market opportunity, intellectual property, and management team expertise. The winners are given personalized feedback and scoring to improve their readiness for funding and growth.

About PittMoss – www.pittmoss.com
Made from organic, recycled paper, PittMoss’ range of products are manufactured in the United States, supporting green manufacturing. All of the paper and cardboard components are obtained from local companies, recycling facilities and the community, which is then hand sorted at the PittMoss production and R&D facility in Ambridge, PA, before being fiberized by its custom machinery. Founded in 2015, PittMoss’ portfolio of patented products reduce runoff through enhanced nutrient absorption and superior moisture wicking. Its carbon-rich, living soil environment helps achieve superior root development – producing bigger, healthier plants with less water and fertilizer than competitors.

About Pepperdine University Graziadio Business School
For over 50 years, the Pepperdine Graziadio Business School has challenged individuals to think boldly and drive meaningful change within their industries and communities. The Graziadio School offers a range of degree programs grounded in integrity, innovation, and entrepreneurship, preparing students to become values-centered leaders. Follow Pepperdine Graziadio on Facebook, Twitter, Instagram, and LinkedIn.

View original content:https://www.prnewswire.com/news-releases/pittmoss-recognized-at-pepperdines-most-fundable-companies-event-302262520.html

SOURCE PittMoss, LLC

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CHINT Shines on Forbes Global Brand Top 30

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SHANGHAI, Nov. 22, 2024 /PRNewswire/ — The “2024 Forbes China Go-International Brands Top 30” results have been officially announced. CHINT has earned a spot on the prestigious list and is recognized for its outstanding performance and significant contributions on the global stage. This honor highlights CHINT’s high recognition in international markets and marks a solid step forward in advancing Chinese brands globally.

After more than two decades of overseas development, CHINT Group has steadily expanded its business to over 140 countries and regions worldwide, covering key industries such as low-voltage electrical appliances, smart electrical equipment, instrumentation, and green energy. CHINT Global’s globalization strategy is reflected not only in its extensive business layout but also in the localization of talent and R&D.

Globally, CHINT employs over 50,000 people across five business regions and more than 40 subsidiaries, with a local talent rate exceeding 66%. The company has established 20 research institutes worldwide, focusing on the customized development of localized products, investing 3%-12% of its annual sales revenue in R&D, accumulating over 8,000 authorized patents, and participating in the formulation of industry and international standards more than 400 times.

Regarding localized manufacturing, CHINT Group has 28 manufacturing bases globally, including eight overseas, with product lines covering the full range of products. Regarding localized delivery, local logistics centers have been established in all five business continents, increasing international project coverage by over 50% and shortening the average delivery cycle by more than 60 days.

The Forbes Brand Going Global award for CHINT means a high recognition of its efforts in implementing globalization strategies, promoting localized operations, and driving innovative development. This honor is not only an affirmation of the past but also an inspiration for the future. CHINT Global will continue to forge ahead, striving to become a global leader in the full industry chain of smart electrical energy solutions, and will continue to contribute to the development of the global energy and electricity industry.

Photo – https://mma.prnewswire.com/media/2565329/image_5019413_32599362.jpg

View original content:https://www.prnewswire.co.uk/news-releases/chint-shines-on-forbes-global-brand-top-30-302314106.html

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KBR’s Market-Leading Ammonia Technology Selected by AMUFERT, Angola

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HOUSTON, Nov. 22, 2024 /PRNewswire/ — KBR (NYSE: KBR) announced today that it has signed an agreement with AMUFERT for the development of a new ammonia plant in Soyo, Angola.

Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and catalyst solutions for AMUFERT’s 2,300 metric tons per day ammonia plant. Leveraging KBR’s proprietary technologies and expertise in ammonia, the planned facility will assist Angola and its neighboring countries move towards greater food security and self-sufficiency.

“We are thrilled to be a part of this project and support AMUFERT’s efforts in accelerating sustainable agriculture in Angola through our leading ammonia technology,” said Jay Ibrahim, KBR President, Sustainable Technology Solutions. “KBR has a proud legacy in Angola, and we look forward to working closely with AMUFERT and our partners to ensure the success of this important project.”

KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades. Since 1943, KBR has licensed, engineered or constructed over 260 grassroot ammonia plants worldwide.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding future project performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

View original content to download multimedia:https://www.prnewswire.com/news-releases/kbrs-market-leading-ammonia-technology-selected-by-amufert-angola-302313859.html

SOURCE KBR, Inc.

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At Its European Innovation Day 2024, Huawei Advocates Collaboration to Unlock Europe’s Potential

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PARIS, Nov. 22, 2024 /CNW/ — Huawei hosted the 2024 “Europe Innovation Day” in Paris, an event where European tech leaders, business representatives, and innovation experts explored opportunities for cross-border and cross-industry collaboration. Under this year’s theme of “Unleashing the Potential of European Innovation,” the event addressed critical challenges in Europe’s digital transformation, offering strategies to strengthen regional ecosystems and enhance global competitiveness.

Driving Europe’s Digital Progress through Cooperation

Jesus Contreras, Chief Operations and Financial Officer of EIT Digital, stated: “Innovation is never a solo endeavor; it relies on collaboration and exchange among all parties.” He emphasized that digital innovation flourishes when global partners and customers with diverse perspectives unite, bringing energy and momentum to collaborative efforts.

Nicola Caputo, Regional Minister of Campania (Italy) and Member of the European Committee of the Regions, highlighted the challenges Europe faces in its digital transformation, such as insufficient digital literacy, lagging commercial adoption, and uneven 5G coverage. He called for governments to strengthen cross-border cooperation to boost Europe’s global competitiveness in the digital economy.

Ximo Puig, Spain’s Permanent Representative to the OECD, stated: “Innovation is essentially a framework. Governments, businesses, and society must leverage this framework to collectively foster long-term development and build a fully connected world.”

Laurent Lafforgue, a renowned mathematician at Huawei Technologies France, said: “The rapid advancement of technological innovation relies on solid foundational theories. Robust theoretical research is essential to achieving sustainable and long-term technological progress.”

Huawei’s Commitment to Long-Term Investment

 “Innovation is a long-term process,” remarked Yu Liang, Vice President of Huawei Cloud Global Ecosystem. He affirmed Huawei’s dedication to fostering open collaboration that drives both societal and commercial value. Yu further announced Huawei’s partnership with Station F to launch a sustainability-focused incubation program, aiming to support 10 startups in sectors like retail, automotive, and industrial manufacturing, enabling them to achieve rapid growth within a seven-month incubation period.

Advancing Digital Transformation and Building Europe’s Future

At the “Driving Digital Transformation for Europe’s Emerging Innovators” forum, co-hosted by Euronews and Huawei, participants underscored the necessity of cross-sector collaboration and open ecosystems. Key speakers included Horst Heitz, Chair of SME Connect Steering Committee; Ana Paula Nishio de Sousa, Director of Digital Transformation & AI at the UN Industrial Development Organization; Alexander Pisemskiy, CEO of Zenpulsar; and Gaurav Tripathi, CTO of Partex NV. They emphasized the need for open data-sharing platforms and collaborative ecosystems to cultivate a more inclusive and adaptable innovation environment.

Huawei Cloud will continue to invest in Europe by delivering stable and reliable cloud infrastructure, working with government agencies and universities to cultivate digital talent, and supporting startups to scale across regions,” said Zhu Xiaoming, Vice President of Huawei Cloud Global Industry Development. He noted that Europe’s digital transformation is advancing slower than the targets outlined in the Europe Digital Decade 2030 plan, particularly in areas such as data and artificial intelligence.

Promoting Inclusivity and Women Innovators

Berta Herrero, Head of Diversity, Equality, and Inclusion at Huawei Europe, moderated a panel discussion on empowering women innovators. Panelists included Rebeca de Sancho Mayoral, Senior Adviser on EU Innovation & Access to Finance at the European Commission; Egle Ciuoderiene, Founder of Duevo; Iva Tasheva, Co-Founder and Cybersecurity Lead at CyEn; and Gaia Verzelli, an alumna of Huawei’s Women Leadership School. They shared insights into EU funding and policy initiatives designed to support women entrepreneurs and called for greater female participation in the tech innovation ecosystem to foster an inclusive and diverse environment.

A Call to Action

Closing the event, Tony Yong Jin, Director of Business Environment Affairs of the European Region at Huawei, called on all parties to take decisive action to drive digital innovation and build a more connected, inclusive, and sustainable Europe. He stated, “Today, I call on all of us to embrace digital innovation—not just because of its promises, but because of its profound impact on every individual, family, and community.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/at-its-european-innovation-day-2024-huawei-advocates-collaboration-to-unlock-europes-potential-302314116.html

SOURCE Huawei Technologies Co., Ltd

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