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HOUSTON , Dec. 18, 2024 /PRNewswire/ — Ascend Performance Materials announced today the successful production of acrylonitrile, hexamethylene diamine, adipic acid and nylon 6,6 from feedstocks derived from used cooking oil, expanding its Bioserve portfolio. The resulting nylon 6,6 has a 25% lower product carbon footprint than nylon 6,6 made from fossil-fuel derived feedstock. Using an ISCC Plus-certified mass-balance approach allows for industrial-scale production of sustainable materials without sacrificing performance. Ascend’s production facilities in the United States are all ISCC Plus certified to handle bio-based, circular and bio-circular materials. “We are focused on finding technical solutions for our customers’ challenges,” said Alex Mihut , Ascend’s vice president for performance chemicals. “Using the mass-balance approach allows us to meet the growing need for sustainable materials at scale while continuing to offer reliable performance and quality.” Combined with Ascend’s efforts to lower its scope 1 and 2 emissions, the company’s Bioserve products offer among the lowest product carbon footprints for industrial-scale nylon 6,6 and its precursors available in the market today. “Part of our sustainability strategy is a pillar we call ‘Operating Without Compromise’,” said Chris Johnson , Ascend’s senior director for sustainability. “It is based on a commitment to find well-rounded solutions that meet the needs of our customers and help them achieve their goals.” Ascend recently published its 2023 sustainability report , which highlights progress against the company’s 2030 Vision. About Ascend Performance Materials Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas , and with regional offices in Shanghai , Brussels and Detroit , we are a fully integrated material solutions provider with global manufacturing facilities in North America , Europe and Asia . Our global workforce makes the materials used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities. Learn more about Ascend at www.ascendmaterials.com . Contact: Osama Khalifa , +1 832-963-1347, okhali@ascendmaterials.com SOURCE Ascend Performance Materials
By LISA MASCARO and FARNOUSH AMIRI WASHINGTON (AP) — President-elect Donald Trump’s pick for intelligence chief Tulsi Gabbard faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country’s hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump’s unusual nominees . Related Articles National Politics | Trump promises to end birthright citizenship: What is it and could he do it? National Politics | Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump’s America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect’s choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump’s foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees’ qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump’s team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump’s allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president’s Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump’s first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will “prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies” — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump’s 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump’s first inauguration during the country’s bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it’s important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family’s five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It’s one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. Associated Press writer Stephen Groves contributed to this report.
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New 2025 laws hit hot topics from AI in movies to rapid-fire gunsDespite opening the year with a door plug blowout whose fallout reverberated throughout the industry, U.S. airlines had a pretty good year in the stock market. Bloomberg reports that the S&P Supercomposite Airlines index rose 57% this year, beating the S&P 500 by more than 30 percentage points — the biggest such gap in a decade. The year had some particularly big Wall Street flops among carriers, with the now-bankrupt Spirit Airlines coming to mind. Its shares were delisted by the New York Stock Exchange and now trade among so-called penny stocks ; they have lost nearly all their value. But after that late-in-the-year hiccup, various airlines have been upgrading their internal forecasts and pointing to an acceleration in customer demand. One name in particular has had an especially good 2024. United Airlines ( UAL -1.81% ) , which competes with Delta Air Lines ( DAL -1.86% ) as the preeminent domestic name in the space — the two companies are dueling to see who can build the country’s biggest airport lounge — has seen its stock rise nearly 140%. When a so-called “capacity crisis” of unsold seats depressed airfares, United told investors that it saw the headwind coming and cut down on supply in order to turn the situation into a major tailwind . 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
Published 4:28 pm Tuesday, November 26, 2024 By Staff Reports Six games on the Wednesday college basketball schedule feature a ranked team, including the matchup between the Ole Miss Rebels and the UConn Huskies. Watch women’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Catch tons of live women’s college basketball , plus original programming, with ESPN+ or the Disney Bundle.
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HAUPPAUGE, N.Y., Nov. 26, 2024 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. AMPG AMPGW)) (the "Company"), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced it has closed on its previously announced registered direct offering for the sale of 1,603,259 shares of common stock (or pre-funded warrants in lieu thereof) ("the Securities") at an offering price of $0.92 per share. The gross proceeds to the Company from the registered direct offering were approximately $1,475,000 before deducting the placement agent's fees and other offering expenses. Maxim Group LLC acted as the sole placement agent in connection with the offering. The Securities were offered pursuant to a shelf registration statement on Form S-3 (File No. 333-278657), which was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on April 24, 2024. The offering was made only by means of a prospectus supplement that forms a part of such registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the Securities offered in the registered direct offering was filed by the Company with the SEC. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3500. About AmpliTech Group AmpliTech Group, Inc., comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and 5G network solutions. Serving global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. Forward-Looking Statements All statements in this release that are not based on historical fact are "forward-looking statements" including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, statements regarding the Company, its business plan and strategy, and its industry. Such forward statements include, but are not limited to, that the booking of orders and anticipation of booking of orders, including LNB and 5G products and Fujitsu Spain, will lead to sales of products, These statements reflect management's current views with respect to future events based on information currently available and are subject to risks and uncertainties that could cause the Company's actual results to differ materially from those contained in the forward-looking statements, including risks related to market conditions, and other risks described in the Company's filings with the SEC. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events. Contacts: Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Linked In: AmpliTech Group Inc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Jorge Flores Tel: 631-521-7831 Investors@amplitechgroup.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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