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Aquatech & John Laing to Deliver Water Technology as a Service for Stegra at the World’s First Large-Scale Green Steel Facility

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Aquatech to deliver comprehensive water management solutions with a 25-year operations contract.The ‘water island’ solution ensures a holistic water management system for the steel plant, including ultra-high-purity water for the electrolyzers, compact strip production mill scale, and purified water for cooling systems.The facility will maximize sustainability by recycling 99.9% of all water back to the system for reuse to achieve zero liquid discharge.

CANONSBURG, Pa., Oct. 17, 2024 /PRNewswire/ — Aquatech has announced a groundbreaking project to deliver an end-to-end solution for all water management needs at Stegra’s (formerly H2 Green Steel) flagship green steel plant in Boden, Sweden. The corporate Private to Private Partnership (PtPP) with Stegra and John Laing to design, build, finance, operate, and maintain the critical infrastructure required to run what will be the world’s first large-scale green steel plant.

Aquatech has announced a groundbreaking project to deliver an end-to-end water management solution for Stegra.

The plant, supplied and operated by Aquatech and financed by John Laing, allows Stegra to focus on developing its integrated green hydrogen, iron and steel plants. The comprehensive ‘water island’ solution encompasses treatments for ultra-pure water, wastewater recycling, zero liquid discharge, compact strip production mill scale, and water for cooling systems, ensuring a holistic water management system for the steel plant.

Stegra is driving one of the largest climate impact initiatives globally. The company was founded in 2020 with the purpose to decarbonize hard-to-abate industries, starting by producing steel with up to 95% lower CO2 emissions than steel made with coke-fired blast furnaces. The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way and set to start production of near zero emission steel in 2026.

“The water treatment processes are a very important part of our plant, which is the integrated plant for hydrogen, iron and steelmaking globally. What we are doing in Boden is pioneering in every aspect, and it would not be possible without partnerships with players like Aquatech,” says Henrik Henriksson, CEO Stegra.

Through a 25-year service contract, Aquatech’s Water Technology as a Service approach will ensure the ongoing operation and performance of its installations. Aquatech highlights the importance of reliability and long-term support in water technology services, ensuring that Stegra benefits from uninterrupted service and consistent performance.

“We are thrilled to be involved as a long-term active investor in this exciting project and climate change combative initiative,” said Luke Gorton, Head of Europe, John Laing. “Our experienced, global team looks forward to working closely with our partners at Stegra and Aquatech to optimize the structuring and delivery of this landmark project.”

“This collaboration is pivotal in integrating cutting-edge water treatment technologies to support sustainable low-carbon steel manufacturing and production,” said Simone Callioni, Global Leader of Project Development for Energy Transition, Aquatech. “Our progressive design, build, and operation approach enhances project delivery timelines and cost certainty, ensuring each partner can focus on its core strengths. By financing the project with John Laing, we provide the client with the predictable cost of water throughout the lifecycle of operations at no upfront cost, drastically reducing the burden of capital expenditure.”

Stegra’s Boden plant represents a significant advancement in the steel industry by showcasing how innovation and sustainable practices can transform traditional manufacturing processes to achieve a lower carbon footprint and support global sustainability goals.

About Stegra
Stegra is an industrial impact scale-up in the process of building its first plant for large-scale production of green hydrogen, green iron and green steel. The company was founded in 2020 as H2 Green Steel and changed name to Stegra in 2024 to reflect its purpose to decarbonize hard-to-abate industry, starting with steel. Stegra’s flagship plant is being built in Boden, northern Sweden, and its headquarters are in Stockholm. www.stegra.com.

About Aquatech
Aquatech tackles the challenges of water scarcity and complexity by leveraging technology, expertise, and financing to deliver comprehensive solutions that reduce carbon and water footprint. As a leading global provider of water and process technology solutions, we help the world’s most recognized companies achieve their sustainability and operational goals by implementing innovative approaches for water reuse, desalination, minimal and zero liquid discharge, and critical minerals recovery. Our work catalyzes the transition toward a more sustainable future and showcases our commitment to addressing water’s role in climate adaptation. Learn more at www.aquatech.com.

About John Laing
John Laing is a leading international investor and active manager of core infrastructure assets. We invest across the spectrum of development, in construction, and already operational assets, and across a range of sectors, including transportation, energy and utilities, telecommunications and social infrastructure. John Laing has successfully delivered more than 150 infrastructure assets across the UK & Europe, North America, Australia, New Zealand and Colombia. www.laing.com.

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SOURCE Aquatech

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Stoneridge, Inc. To Broadcast Its Third Quarter 2024 Conference Call On The Web

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October 17, 2024

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NOVI, Mich., Oct. 17, 2024 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI) will webcast its third quarter 2024 earnings conference call live on Thursday, October 31, 2024, at 9:00 a.m. ET with president and chief executive officer, Jim Zizelman, and chief financial officer, Matt Horvath.

The webcast can be accessed on the Presentations & Events page of the Investors section of the Company’s website, www.stoneridge.com. 

Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

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SOURCE Stoneridge, Inc.

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Baylin Technologies Announces Deployment of Multibeam Antennas for Upcoming High-Profile Events at Rogers Stadium, Toronto and BC Place, Vancouver

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October 17, 2024

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TORONTO, Oct. 17, 2024 /CNW/ – Baylin Technologies Inc. (TSX: BYL) (the “Company”) is pleased to announce that its multibeam antennas have been selected for deployment for National Events at both Rogers Stadium, Toronto and BC Place, Vancouver.

The Galtronics multibeam antennas will provide coverage for several upcoming high-profile events, including Taylor Swift concerts in Toronto and Vancouver in November and December of this year.

“Antenna performance is increasingly important at stadiums. With the right connectivity, venue operators elevate the fan experience. Event attendees now expect the stadium experience to allow them to post to social media during the event, and video streaming capabilities are mandatory, not optional.” said Leighton Carroll, Baylin’s CEO.

Baylin’s patented multibeam antennas have now been sold and deployed by all three national carriers in Canada, all three national carriers in the USA and both national carriers in Mexico.

About Baylin

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, satellite communications products, and supporting services. Baylin aspires to exceed its customers’ needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.

Forward Looking Statements

This press release includes forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, they are disclosure regarding conditions, developments, events or financial performance that we expect or anticipate may or will occur in the future, including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management’s beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements can be identified generally by the use of forward looking terminology, such as “anticipate”, “believe”, “could” “should”, “would”, “estimate”, “expect”, “forecast”, “indicate”, “intend”, “likely, “may”, “outlook”, “plan”, “potential”, “project”, “seek”, “target”, “trend” or “will”, or the negative or other variations of these words or other comparable words or phrases, and are intended to identify forward-looking  statements, although not all forward-looking statements contain these words.

The forward-looking statements in this press release include statements regarding the quality and performance of the multibeam antennas. Forward-looking statements are based on certain assumptions and estimates made by us in light of the experience and perception of historical trends, current conditions, expected future developments, including projected growth and sales in passive and active radio frequency and terrestrial microwave products and services, and other factors we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such assumptions and estimates will prove to be correct.

Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the risk factors discussed in the Company’s most recent Annual Information Form, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. All the forward-looking statements in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update these forward-looking statements.

SOURCE Baylin Technologies Inc.

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DFIN to Announce Third-Quarter Results and Host Investor Conference Call on October 31, 2024

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39 mins ago

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October 17, 2024

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CHICAGO, Oct. 17, 2024 /PRNewswire/ — Donnelley Financial Solutions (NYSE: DFIN) will hold a conference call and webcast on Thursday, October 31, 2024, at 9:00 a.m. Eastern time to discuss its third-quarter fiscal year 2024 financial results, provide a general business update and respond to analyst questions.

A live webcast of the call will also be available on the Company’s investor relations website. Please visit investor.dfinsolutions.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.

If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company’s investor relations website, along with the earnings press release, and related financial tables.

DFIN’s financial report for the third quarter will be released before the market opens on Thursday, October 31, 2024 via a filing with the SEC on Form 8-K and will also be posted on the Company’s investor relations website.

About Donnelley Financial Solutions (DFIN)
DFIN is a leading global provider of innovative software and technology-enabled financial regulatory and compliance solutions. We provide domain expertise, enterprise software and data analytics for every stage of our clients’ business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN’s end-to-end risk and compliance solutions online at DFINsolutions.com or you can also follow us on X (formerly Twitter) @DFINSolutions or on LinkedIn.

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SOURCE Donnelley Financial LLC

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