ToolWatch Corporation | June 25, 2021
The Riverside Company, a global private equity company, has invested in ToolWatch Corporation, a major supplier of tool and equipment monitoring and operations management software for the construction, utilities, and oil and gas sectors. The investment prepares ToolWatch for rapid development and enables it to maintain its position as the construction industry's first and most complete operations management solution. Today, businesses all around the globe use ToolWatch to handle over 39 million tools and supplies.
Riverside associate vice president Chris Shea highlighted ToolWatch's capacity to assist clients in resolving critical issues in preconstruction planning, logistics, and throughout the supply chain as reasons for the company's decision to invest in ToolWatch. "We view construction software as a highly promising development sector. While still in its early stages of technological adoption, the construction sector is seeing a rise in software tools to manage complex operations and essential processes better. ToolWatch is well-positioned to understand the specific requirements of its clients and offer purpose-built solutions as the pioneer in introducing technology to the construction site."
ToolWatch's value proposition has always convinced customers in the construction sector to adopt technology solutions for operations management. ToolWatch products have evolved from barcodes to RFID chips, Bluetooth low-energy, and interconnectivity; expanded integration with other software platforms; and modernized to a fully cloud-based, real-time, enterprise-wide operations and production management system praised for its ease of use on the job site and in the back office.
In addition to providing capital to enhance product development and customer support, the Riverside funding will be used to seek complementary add-on acquisitions to extend the product range and provide solutions for ToolWatch's client base.
About ToolWatch Corporation
ToolWatch has been assisting businesses in managing tools, equipment, materials, and consumables for over 25 years. ToolWatch, which is simple to use and provided through a powerful, flexible platform, securely saves vital information on all warehouse and field operation assets, allowing organizations to manage their operations more efficiently, cost-effectively, and profitably.
prnewswire | February 02, 2021
US interest for created metal items is conjecture to rise 1.3% each year in ostensible terms from 2019 levels through 2024, as per Fabricated Metal Products: United States, a report as of late delivered by Freedonia Focus Reports. Providers will profit by rising homegrown sturdy merchandise shipments and proceeded with development in the US development area. Notwithstanding, further acquires will be restricted by rivalry from metal castings and elective materials, for example, plastics.
In 2020, request fell 8.0% as many assembling firms and development projects experienced postponements and interferences because of the COVID-19 pandemic. Over a similar period, created metal shipments dropped 9.0%. Endeavors to postpone local area transmission of the infection caused a sharp withdrawal in financial movement in 2020, prompting critical changes or decreases in shipments of created metal items and other made merchandise. Engine vehicle deals stayed under 2019 levels because of tight shopper pay and occupation misfortunes, limiting interest for fashioned and stepped vehicle parts. Be that as it may, numerous recently deferred development projects are normal go ahead as arranged, especially in the housing and framework areas.
TotalEnergies & Clean Energy | November 30, 2021
Through their joint venture, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its U.S. partner Clean Energy are launching the construction of their first biomethane production unit, in Friona, Texas. The biomethane will be used as an alternative fuel for mobility, thus contributing to decarbonize road transportation.
Located on the Del Rio Dairy farm, the facility will be fueled by the onsite supply of livestock manure to produce more than 40 GWh of biomethane per year. The biomethane will be distributed in the United States by Clean Energy through its network of fueling stations, enabling the supply of renewable gas to between 200 and 300 trucks per year.
By processing cow manure, a significant source of methane emissions, and substituting fossil fuels with renewable energies, the project will avoid some 45,000 tonnes of CO2e emissions per year1.
We are pleased to consolidate our entry into the U.S. biomethane market by jointly developing this first production unit on the Del Rio Dairy farm, through our joint venture with Clean Energy,This project marks another step in TotalEnergies' transformation into a multi-energy company, and in the implementation of its ambition to be a major player in renewables.Laurent Wolffsheim, Senior Vice President Green Gases & Growth at TotalEnergies.
“This project at Del Rio Dairy helps to address the increasing demand for RNG by fleets and is a great example of our partnership with TotalEnergies, one of the world’s leading and most sustainably-minded energy companies,RNG, one of the cleanest fuels on the planet, manages greenhouse gas emissions and tackles global warming. The added RNG production from Del Rio will help us meet our target to provide this 100% negative carbon emissions fuel at all of our North American stations by 2025.”
-Andrew J. Littlefair, president and CEO, Clean Energy
Through the acquisition of an interest in Clean Energy in May 2018, TotalEnergies became the largest shareholder of the U.S. leader in natural gas vehicle fuels, with a stake of some 19% today. In March 2021, the two partners set up a 50/50 joint venture to speed up the development of biomethane production in the United States.
TotalEnergies and Biomethane
Biomethane is a renewable gas that has a key role to play in the energy transition. TotalEnergies is the segment leader in France, with close to 500 GWh of production capacity, and aims to become a major player in biomethane internationally by partnering with market leaders in other geographies, such as Clean Energy in the United States and Adani in India. The Company is active across the entire biomethane value chain, from project development to marketing of biomethane and its by-products (biofertilizers, bioCO2). It aims to produce 2 TWh of biomethane per year by 2025 – equivalent to the average annual consumption of 670,000 U.S. consumers, and a reduction in CO2 emissions of 400,000 tonnes.
About Clean Energy
Clean Energy Fuels Corp. is the north American largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada. Visit www.cleanenergyfuels.com and follow @ce_renewables on Twitter.
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.