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Government of Canada Invests in Antigonish’s Electrical Grid Modernization to Support Goal of 100% Clean Energy

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ANTIGONISH, NS, July 2, 2024 /CNW/ – Canada is developing a more sustainable future by creating electricity grids that provide more affordable, reliable, and clean energy to homes and businesses when and where they need it. Investing in clean energy projects and supporting communities to become resilient, liveable, and sustainable places to live is critical to delivering good jobs while unlocking economic opportunities for future generations.

Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $9.7 million investment for grid modernization in the Town of Antigonish, Nova Scotia. This major investment will unlock more efficient uses of electricity within the community and allow for increased renewable energy sources such as wind and solar while driving down emissions and supporting sustainable jobs and communities.  

This funding will help deploy hardware and software systems across Antigonish to create a more efficient and resilient electricity grid system, leading to reduced power outage frequency and duration, increased opportunity for cost effective electrification, increased renewable integration and ultimately, to help Antigonish to meet its net-zero aspirations.

Federal funding for this project is provided by Canada through the Smart Renewables and Electrification Pathways Program (SREPs) – which is supporting smart renewable energy, energy storage and electrical grid modernization projects across the country. The SREPs program is one of many initiatives that the Government of Canada is undertaking to deliver clean, reliable and affordable power to every region of Canada by 2035.  

The Government of Canada will continue to work with experts and governments to position Canada, including Nova Scotia, as a global supplier of clean energy and new technologies, while creating new economic opportunities, good jobs and a clean, reliable, and affordable electrical grid for all.  

Quotes 

“Working with communities to modernize the electric grid is key to bringing more clean, reliable, and affordable energy to Nova Scotians. Projects announced today will support the Town of Antigonish in its goal of becoming Canada’s first net-zero community, and I look forward to seeing the results of this grid modernization.” 

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources  

“With this investment, the Town of Antigonish can benefit from more resilient, clean and efficient power. Projects supported by this funding are emblematic of our efforts to support good, sustainable jobs for communities in Nova Scotia.” 

The Honourable Sean Fraser,
Minister of Housing, Infrastructure and Communities

“We are excited to announce the launch of a large-scale infrastructure investment that will serve as a national flagship project. The Town’s Grid Modernization project is a significant initiative that showcases how municipalities, electric utilities, and customers can collaborate to ensure that our transition to a green future is inclusive and benefits all members of our community.”

Laurie Boucher 
Mayor, Town of Antigonish

Quick Facts  

This project is funded through the Smart Renewables and Electrification Pathways Program (SREPs). This $4.5-billion program is designed to significantly reduce emissions and create sustainable jobs by continuing to support the deployment of grid modernization, energy storage and renewables in every region of Canada. SREPs is actively supporting Canada’s ongoing transition to a net-zero economy by 2050 and Canada’s commitment to meeting Clean Electricity Regulations objectives.  Last year, the Government of Canada released Powering Canada Forward, its vision for transforming Canada’s electricity sector and meeting its commitment to decarbonizing the country’s electricity systems as it: reiterates why the expansion of a clean electricity system is important and necessary to drive sustainable growth, enhance environmental performance and advance Indigenous reconciliation; highlights the extensive work governments and partners have already done to create a dynamic, sustainable electricity sector; and outlines how the federal government has supported, incentivized and accelerated the production of clean and non-emitting electricity, and will continue to do so. The town owns and operates its own municipal electricity utility, with about 64 per cent of its energy coming from renewable sources, including power generated from the Ellershouse Wind Farm.

Related Information  

Town of AntigonishSmart Renewables and Electrification Pathways Program  Powering Canada Forward: Building a Clean, Affordable, and Reliable Electricity System for Every Region in Canada   2030 Emissions Reduction Plan: Clean Air, Strong Economy   Canada’s Sustainable Jobs Plan 

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SOURCE Natural Resources Canada

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Smartkem to Exhibit and Give Presentation at Display Week 2025

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Chairman and CEO Ian Jenks to Give Presentation on May 14th at the SID Business Conference

MANCHESTER, England, April 14, 2025 /PRNewswire/ — Smartkem (NASDAQ: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, announced it will exhibit and its CEO will give a presentation at Display Week 2025 taking place at the San Jose McEnery Convention Center on May 11th – 16th, 2025. Attendees are invited to visit with company representatives during the event at Smartkem’s Booth No.: 1431 Display Week 2025 – Event Map.

Smartkem’s Chairman and CEO Ian Jenks will be giving a presentation on MicroLED Display Commercialization*, which is part of the SID Business Conference taking place on Wednesday, May 14th at 9:30 am PT.  For information: 2025 SID Business Conference, Powered by Counterpoint Research – Display Supply Chain Consultants

*Session Topic: MicroLED has long been presented as a high-performance display technology that can deliver high contrast, high brightness and long lifetime. However, the industry suffered a setback last year when Apple cancelled plans to launch a new product. In this session, we will discuss the manufacturing innovations and target applications that we believe will lead to the successful commercialization of MicroLED displays. For example, advanced testing and mass transfer technologies have the potential to improve yields and enable the production of larger panels for consumer and automotive applications. MicroLED is also seen as a promising technology for Augmented Reality, as demonstrated by Meta in the Orion smart glasses.

Jonathan Watkins, COO; Barbra Keck, CFO, Michelle Ouyang, Head of Business Development; and Selena Kirkwood, Head of Communications; will join Mr. Jenks and be available for 1:1 meetings with industry representatives, media, and investors.

To arrange a meeting, please reach out to the following contacts:

Technology and Customers: Michelle Ouyang at m.ouyang@smartkem.comMedia: Selena Kirkwood at s.kirkwood@smartkem.comMembers of the Investment Community: David Barnard at SMTKinvestor@allianceadvisors.com

For more information or to register for Display Week 2025, please visit Registration – Display Week.

About Smartkem
Smartkem is seeking to change the world of electronics with a new class of transistor using its proprietary advanced semiconductor materials. Its technology can be used in a range of applications including MicroLED, LCD and AMOLED displays, as well as advanced computer and AI chip packaging, and a new type of sensor.

For MicroLED displays, Smartkem’s low temperature (80C) process allows its liquid transistors to be poured directly onto MicroLEDs, eliminating the need to use current high-cost, low-yield manufacturing processes. This innovation is expected to reduce defects and enhance yield and to integrate seamlessly into existing manufacturing infrastructure, with the potential to make MicroLED displays more commercially viable across a number of sectors including smartphones, wearables, automotive and digital signage.

Smartkem develops its materials at its research and development facility in Manchester, UK and provides prototyping services at the Centre for Process Innovation (CPI) at Sedgefield, UK. It has a field application office in Taiwan. The company has an extensive IP portfolio including 138 granted patents across 17 patent families, 16 pending patents and 40 codified trade secrets. For more information, visit our website or follow us on LinkedIn.

Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things, its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on Smartkem, Inc.’s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expect,” “intend,” “plan,” “project,” “believe,” “estimate,” and other similar or elated expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company’s control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

Industry Representatives and Media
Selena Kirkwood
Head of Communications for Smartkem
T: +44 (0) 7971 460 364
s.kirkwood@smartkem.com

Analysts and Investors
David Barnard, CFA
Alliance Advisors Investor Relations
T: 1 415 433 3777
dbarnard@allianceadvisors.com

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SOURCE Smartkem

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Stepan to Announce First Quarter 2025 Results on April 29, 2025

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NORTHBROOK, Ill., April 14, 2025 /PRNewswire/ — Stepan Company (NYSE: SCL) will issue its first quarter 2025 earnings results on Tuesday, April 29, 2025 at approximately 7:00 a.m. ET (6:00 a.m. CT). Supporting slides will be posted at approximately the same time on the Investors/Presentations page at www.stepan.com. The Company will hold a conference call to discuss and answer questions about its financial and operational performance on the same day at 8:00 a.m. ET (7:00 a.m. CT).

The call will be hosted by Luis E. Rojo, President and Chief Executive Officer, and Samuel S. Hinrichsen, Vice President and Interim Chief Financial Officer.

The call can be accessed by phone and webcast. To access the call by phone, please click on this Registration Link, complete the form and you will be provided with dial in details and a PIN. To avoid delays, we encourage participants to dial into the conference call ten minutes ahead of the scheduled start time. The webcast can be accessed through the Investors/Conference Calls page at www.stepan.com. A webcast replay of the conference call will be available at the same location shortly after the call.

Corporate Profile
Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.

The Company’s common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online at www.stepan.com.

More information about Stepan’s sustainability program can be found on the Sustainability page at www.stepan.com.

Certain information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company’s plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, Stepan Company’s actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would,” “should,” “illustrative” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements.

There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company’s control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company’s Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants.

These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Stepan Company

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Ceva, Inc. Schedules First Quarter 2025 Earnings Release and Conference Call

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ROCKVILLE, Md., April 14, 2025 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, will announce results for the first quarter 2025 on May 7, 2025 before the NASDAQ market opens.

Following the release, Ceva management will conduct a conference call at 8:30 a.m. Eastern Time to discuss the operating performance for the quarter.

The conference call will be available via the following dial in numbers:

U.S. Participants: Dial 1-844-435-0316 (Access Code: Ceva)International Participants: Dial +1-412-317-6365 (Access Code: Ceva)

The conference call will also be available live via webcast at the following link: https://app.webinar.net/GvAklQElMmj. Please go to the web site at least fifteen minutes prior to the call to register.

For those who cannot access the live broadcast, a replay will be available by dialing +1-877-344-7529 or +1-412-317-0088 (access code: 9176597) from one hour after the end of the call until 9:00 a.m. (Eastern Time) on May 14, 2025. The replay will also be available at Ceva’s web site at www.ceva-ip.com.

About Ceva, Inc.
At Ceva, we are passionate about bringing new levels of innovation to the smart edge. Our wireless communications, sensing and Edge AI technologies are at the heart of some of today’s most advanced smart edge products. From wireless connectivity IPs (Bluetooth, Wi-Fi, UWB and 5G platform IP), to scalable Edge AI NPU IPs and sensor fusion solutions, we have the broadest portfolio of IP to connect, sense and infer data more reliably and efficiently. We deliver differentiated solutions that combine outstanding performance at ultra-low power within a very small silicon footprint. Our goal is simple – to deliver the silicon and software IP to enable a smarter, safer, and more interconnected world. This philosophy is in practice today, with Ceva powering more than 19 billion of the world’s most innovative smart edge products from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.

Our headquarters are in Rockville, Maryland with a global customer base supported by operations worldwide. Our employees are among the leading experts in their areas of specialty, consistently solving the most complex design challenges, enabling our customers to bring innovative smart edge products to market.

Ceva is a sustainability- and environmentally-conscious company, adhering to our Code of Business Conduct and Ethics. As such, we emphasize and focus on environmental preservation, recycling, the welfare of our employees and privacy – which we promote on a corporate level. At Ceva, we are committed to social responsibility, values of preservation and consciousness towards these purposes.

Ceva: Powering the Smart Edge™

Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.

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SOURCE Ceva, Inc.

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