Commercialization of antimicrobial anodized aluminum in Europe
SAGUENAY, QC, April 20, 2022 /CNW/ – A3 Surfaces will benefit from a new round of financing of $4 million to support the commercialization of antimicrobial anodized aluminum, a unique technology developed by the Saguenay-based company. The Québec government and Desjardin Capital made the announcement today in the presence of Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for the Saguenay-Lac-Saint-Jean region, and Daniel Ménard, Director of the Centre Desjardins Entreprises Saguenay.
As part of this new round of financing, the Québec government granted A3 Surfaces a $2 million loan to support the commercialization of its aluminum anodizing technology. Desjardins Capital has offered a financial support of $1 million. In addition, shareholders have invested $1 million.
Thanks to these new funds, A3 Surfaces will be able to pursue its North American approval process and consolidate its commercialization structure in Europe, where the company carries out important promotional work. In addition, A3 Surfaces will participate in two world-class trade shows in Europe in May: SANTEXPO in France and Exposanità in Italy.
A first agreement signed in France
The marketing of A3 Surfaces' antimicrobial technology has begun to break into the European market. The Saguenay-based company recently signed a supplier agreement with the French private and public hospital purchasing center (CAHPP), which will allow it to offer its products to some 3,800 French health care institutions.
A3 Surfaces on Amazon
A3 Surfaces' products will also be available to the general public through Amazon – Europe. Within 45 days, the online retail platform will offer the company's line of antimicrobial anodized aluminum products.
Quotes
"An innovative company like A3 Surfaces needs support and time to achieve its goals. The journey since the beginning of the company is considerable and A3 Surfaces could not have achieved its aspirations without the support of our partners. A3 Surfaces would like to thank the Québec Government and Desjardins Capital for their unwavering support. With this new round of financing, A3 Surfaces is well positioned to achieve its objective of becoming the world leader in antimicrobial surfaces."
– Dr Guy Leblanc, Vice-president Health, A3 Surfaces.
"A3 Surfaces' technology has great commercialization potential. It is this type of project that we must develop to promote the use of aluminum in Québec. By stimulating the aluminum sector, we generate good jobs for the region and significant economic benefits."
Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for
Regional Economic Development
"A3 Surfaces operates in a strategic sector for the Saguenay-Lac-Saint-Jean region, and its ambitions correspond to the orientations of the Québec strategy for the development of aluminum. By promoting the aluminum produced in the region, A3 Surfaces generates considerable economic benefits for us."
– Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for
the Saguenay-Lac-Saint-Jean region
"Desjardins Capital is proud to support the innovation of a Québec-based company whose product is also boosting the Saguenay-Lac-Saint-Jean region's global reputation in the aluminum sector. Our financial assistance of $1 million will allow A3 Surfaces to develop a technology that makes aluminum self-cleaning so that surfaces are safe, and this is all the more important in times of pandemic."
Jean-Yves Bourgeois, Senior Vice-President, Business Services, Mouvement Desjardins
About A3 Surfaces
A3S was founded in 2015 and is established in Saguenay (Quebec, Canada). The company has a multidisciplinary team composed of several highly specialized professionals in applied technologies. Together, they have developed antimicrobial anodized aluminum, a technology that is unique in the world. This technology aims to become a key factor in the fight against viral or bacterial disease transmission through a self-disinfecting biocidal surface treatment.
With its innovative aluminum anodizing solutions, but more importantly, its revolutionary technology, A3 Surfaces wants to provide the world with proven products that will reduce the risk of spreading infectious diseases.
For more information: https://a3surfaces.com/en/A3 Surfaces
@A3Surfacessaguenay A3 Surfaces A3 Surfaces
About Desjardins Capital
Over 45 years strong, Desjardins Capital has a mission to value, support and nurture the best of Quebec entrepreneurship. With assets under management of C$3.0 billion as of December 31, 2021, Desjardins Capital helps contribute to the longevity of more than 670 companies, cooperatives and funds in various sectors from across Quebec. In addition to helping to maintain and create many thousands of jobs, this subsidiary of Desjardins Group offers business owners access to a large business network that supports their business growth.
SOURCE A3 Surfaces
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2022/20/c6096.html
(Bloomberg) — Russia’s state oil producing giant Rosneft PJSC surprised traders in Europe and Asia with offers to sell large amounts of crude at speed, as well as setting out significant changes to the payment process for at least some of the cargoes.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Craters After Shock Subscriber Drop, ‘About-Face’ on AdsUkrainian Troops Risk Being Encircled in New Russian OffensiveIn Defense of Elon Musk's Mana
Tesla reported a stunning profit, even after excluding regulatory tax credits, as demand continues unabated after a price hike.
As Netflix searches for new subscribers amid a big downturn, the streaming giant is looking to end password sharing.
Netfix (NFLX) shares are tanking 35% on Wednesday afternoon, their worst daily performance since 2004 after an unexpected decline in first-quarter net subscribers.
(Bloomberg) — U.S. natural gas is on a tear. Prices have almost doubled this year to the highest since the shale revolution more than a decade ago, driving up energy costs and helping fuel the fastest inflation in 40 years.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With Mosco
(Bloomberg) — Qatar is sounding out buyers about a further expansion of its liquefied natural gas capacity, according to people familiar with the matter, as Europe rushes to secure supplies in the wake of Russia’s war in Ukraine.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With
Who joins GOOGL stock and Microsoft on this screen of Warren Buffett stocks based on the investing strategy of the Berkshire Hathaway CEO?
(Bloomberg) — China more than doubled imports of steel-making coal from Russia in March, procuring the fuel at a discount as other nations move to ban deliveries due to the war in Ukraine. Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Breaks Its Own Rules After Subscriber Losses Batter SharesIn Defense of Elon Musk's Managerial ExcellenceUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China St
The energy sector is composed of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Energy sector stocks include upstream companies that primarily engage in the exploration of oil or gas reserves, such as Devon Energy Corp. Downstream companies include Marathon Petroleum Corp., which refines and processes oil and gas products for delivery to consumers. Among the industry's biggest players are Chevron Corp. and ExxonMobil Corp.
Oil prices traded higher but in a narrow range on Thursday, after being rocked earlier in the week by supply losses from Libya and a worrying outlook for demand as the International Monetary Fund cut its global growth forecasts. Brent crude futures rose 55 cents, or 0.5%, to $107.35 a barrel at 0117 GMT, recouping losses from the previous session. U.S. West Texas Intermediate (WTI) crude futures gained 41 cents, or 0.4%, to 102.60 a barrel, adding to a 19 cent gain in the previous session.
(Bloomberg) — JPMorgan Chase & Co. was removed as the most senior underwriter for Kingsoft Cloud Holdings Ltd.’s Hong Kong stock offering after one of the bank’s analysts cut the share-price target for the Chinese technology company by half, people familiar with the matter said.Most Read from BloombergNetflix Breaks Its Own Rules After Subscriber Losses Batter SharesKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineIn Defense of Elon Musk's Managerial ExcellenceUkrainian Troop
Predictions about more competition for Tesla are a little like Elon Musk’s predictions for fully autonomous cars. Shares of Netflix are in a deep, deep hole. The company’s market capitalization is now less than $100 billion, down from a peak of more than $300 billion.
Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then. Carbon capture is an important emissions reduction technology, according to the International Energy Agency (IEA).
The national average for a gallon of gas is $4.11. While it's lower than March, it's the first increase in prices in weeks.
The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc., Microsoft Corp., and Amazon.com Inc. Tech stocks, represented by the Technology Select Sector SPDR Fund (XLK), have slightly underperformed the broader market over the past year.
Oil futures end on a mixed note Wednesday, with U.S. prices up slightly and global prices down for the session. Traders weigh pressure from concerns over a slowdown in energy demand and uncertainty over if and when Europe will ban Russia oil against support from an eight million-barrel weekly drop in U.S. crude supplies.
(Bloomberg) — Oil gained as a series of challenges to supply eclipsed concern about the lingering threat to energy demand from lockdowns in China.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With MoscowAckman Loses More Than $430 Million on 3-Month Netflix BetWest Texas Interme
(Bloomberg) — U.S. utilities will shed insights on whether soaring natural gas prices will crimp investments needed to revamp electric grids and pursue clean energy projects when they report earnings starting this week.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With MoscowBil
(Bloomberg) — The U.S. Treasury Department imposed sanctions on crypto mining company BitRiver, targeting one of the industry’s largest data-center service providers over its operations in Russia in its first such action.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveUkraine Update: Mariupol on Brink; China Stands With MoscowA
CarMax (NYSE: KMX) recently raised its long-term growth outlook after the company gained market share in the expanding used car industry last year. Rather than boosting profitability by capitalizing on historically high used-car prices, CarMax is instead seeking to gain market share by keeping its prices low when compared to rivals. CarMax saw a 5% drop in sales volumes and a 6.5% decline in overall comparable-store sales.

source

Leave a Reply

Your email address will not be published.