BLACK & VEATCH STUDIES EXTRACTION OF NATURAL HYDROGEN IN AUSTRALIA

Global engineering and construction leader will provide concept designs for H2EX’s natural hydrogen and helium project


MELBOURNE, Australia, March 14 (Bernama-BUSINESS WIRE) -- Black & Veatch, a global leader in critical infrastructure solutions, will study the exploration and extraction of natural hydrogen and helium in Australia.

The development study is an engineering services agreement between Australian-owned natural hydrogen company H2EX Limited, a world leader in exploring naturally occurring hydrogen, and Black & Veatch. The study is part of an Australian Federal Government-funded project led by H2EX.

Natural hydrogen, also known as gold or white hydrogen, refers to hydrogen found in its natural form as a free gas.

“Decarbonisation efforts in the Asia Pacific are a priority for Black & Veatch. This includes extracting natural hydrogen, a potential clean energy source for the region,” said Yatin Premchand, managing director, Strategic Growth, Global Advisory, Black & Veatch.

“Black & Veatch has an 80-year history working with hydrogen and ammonia production in multiple industries. The company developed the first hydrogen power generation conversion project and the first major hydrogen fueling station deployment in the United States. Since then, our experts have continued to deliver reliable innovation and first-of-a-kind solutions across the hydrogen value chain,” added Premchand.

Hydrogen has the potential to reduce and replace reliance on fossil fuels for electricity generation as well as long-duration energy storage, heating, transport, and production of green chemicals and fertilizer. Hydrogen can also be turned into green ammonia, which is produced using 100 percent carbon-free renewable energy.

Helium is used in defence, medicine, manufacturing and energy applications including magnetic resonance imaging (MRI) scanners and fibre optic cable manufacturing.

Black & Veatch will provide two concept designs on H2EX’s exploration license PEL 691 on the Eyre Peninsula in South Australia as part of the development study. One concept design will be for the drilling and completion of an exploration well. The other concept design will be for surface facilities to purify, process and deliver natural hydrogen and helium, including co-production of the resources, if they are found together.

“We are pleased to partner with a technically progressive and experienced global engineering services firm like Black & Veatch. This important development study will help H2EX fast-track our first exploration wells and development scheme. If successful, hydrogen will be a great source of energy for power generation and transport on the Eyre Peninsula,” said Mark Hanna, H2EX CEO & managing director.

“Natural hydrogen will help decarbonise the region, which predominantly uses liquid fuels for energy and transport. Helium is also a high-value and scarce commodity. Recent drilling in South Australia has found high concentrations of helium, too,” added Hanna.

Black & Veatch will analyse gas industry practices related to conventional well drilling and extraction infrastructure and identify key considerations to adapt these practices for natural hydrogen and helium.

The research into extraction solutions will provide a pathway to drill and extract the lowest-cost hydrogen, which could be up to 75 percent more cost-effective than manufacturing hydrogen.

The objective of the study is to unlock first-mover benefits for Australia within an emerging sector globally, as well as create substantial local and export opportunities while retaining the country’s competitive advantage and technical and engineering expertise.

The study is partly funded by Australia’s Federal Department of Science and Innovation through its Cooperative Research Council Projects (CRC-P) Grants Round 14 initiative. The CRC-P grant supports short-term, industry-led research collaborations. The study is estimated to be completed by mid-2024.

The Australian Government is investing more than $500 million (USD 332 million) to support the development of hydrogen hubs in regional Australia. The Regional Hydrogen Hubs programme is part of the government’s $40 billion (USD 26 billion) investment to transform the country into a powerhouse of green energy generation and innovation.

Contact Black & Veatch for more information.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Follow us on www.bv.com and on social media.

About H2EX

H2EX Limited is a natural hydrogen and helium company. H2EX is searching to find and harvest natural hydrogen and helium on its exploration license PEL 691 (~6,000 sqm kilometers) in South Australia. H2EX continues to develop and undertake first-of-kind research and in-field exploration activities. H2EX has 52,000 square kilometers of additional exploration applications, also in South Australia. Follow us on www.h2ex.com.au and H2EX Ltd: Overview | LinkedIn.

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Contact

Black & Veatch:
EMILY CHIA | +65 6335 6623 P | +65 9875 8907 M | Chialp@bv.com
24-HOUR MEDIA EMAIL | Media@bv.com

H2EX Limited:
Greschen Brecker | CFO & Director | +61 433 133 417 M | greschen.brecker@h2ex.com.au

Source : Black & Veatch

THE LINC KL TRIUMPHS AT FIABCI PROPERTY AWARDS 2023 IN THE PURPOSE-BUILT CATEGORY

KUALA LUMPUR, March 13 (Bernama) -- The LINC KL recently received an award at the prestigious FIABCI Malaysia Property Awards 2023, clinching the top spot in the Purpose-Built Category at the Gala Dinner held at One World Hotel last Saturday (9 March).

The award's recognition underscores The LINC KL's unwavering commitment to creating spaces that harmonise with nature while enriching the community. This accolade is PPB Properties' first FIABCI Malaysia Property Award, as the developer and project manager of The LINC KL.

In light of this achievement, the management of The LINC KL expressed its gratitude to the FIABCI Property Awards committee. This recognition reaffirms our dedication to redefining the urban retail project standards by defying convention in curating retail spaces.

Designed as a green oasis in the heart of the city, its obligation towards preserving the flora and fauna is evident in every aspect of the mall's architectural design and operations. Notably, the development is built around seven majestic pre-existing trees, showcasing a harmonious integration of nature within urban infrastructure.

The project's innovative use of raw materials creates structures that allow it to stand out amongst the surrounding skyscrapers while being conscious of the environment. The artisanal retail space serves as a platform for homegrown entrepreneurs, providing a space for local brands to thrive. It also supports the budding art scene with many vibrant murals and art installations.

Positioned as a lively community hub, The LINC KL hosts diverse events, workshops, and initiatives that cultivate a strong sense of belonging and foster connection among shoppers.

The project celebrates this milestone shortly after its fifth anniversary and looks forward to continuing its journey of creating a lifestyle space that inspires nature, art and community.

 
About The LINC KL

Strategically located at the junction of Jalan Tun Razak and Jalan Ampang in the middle of the bustling Kuala Lumpur City Centre, The LINC KL is a nature-inspired urban lifestyle and community hub. With multiple homegrown brands and diversified eateries surrounded by unique nature & picturesque arts, visitors can relish in the simple indulgence of nature.

Opened in November 2018, The LINC KL is managed by PPB Properties - the property division of PPB Group Berhad, which is an investment holding and property investment company listed on the Main Market of Bursa Malaysia Securities Berhad.


SOURCE : PPB Hartabina Sdn Bhd

CHINA EASTERN AIRLINES CARRIES NEARLY 16.5 MILLION PASSENGERS DURING SPRING FESTIVAL TRAVEL RUSH

AsiaNet 0200048

^{China Eastern Airlines carries nearly 16.5 million passengers during Spring Festival travel rush}


SHANGHAI, Mar. 12, 2024 /Xinhua-AsiaNet/—

The 2024 Spring Festival travel rush that lasted some 40 days came to an end on March 5. China Eastern Airlines, along with its subsidiaries Shanghai Airlines and China United Airlines, operated a total of 106,800 passenger flights, transporting nearly 16.5 million passengers, with an average load factor exceeding 82%.
 
According to statistics released by China Eastern Airlines, the airline carried an average of more than 412,400 passengers on a daily basis during the Spring Festival travel rush, with the peak period occurring from Feb. 14 to 16, during which the daily passenger volume exceeded 480,000 for each of those three days.
 
As the largest home based airline in Shanghai, China Eastern Airlines facilitated over 44,000 arriving and departing flights at the Shanghai Hongqiao International Airport and Shanghai Pudong International Airport during the Spring Festival travel rush. The airline served over 6.85 million passengers, including more than 530,000 transit passengers and over 4,000 unaccompanied minors.
 
"Outbound travel" became one of the key words for this year's Spring Festival travel rush. Benefiting from favorable factors such as the implementation of visa-free policies, China Eastern Airlines' flights to Southeast Asia and between China and Italy remained popular. 
 
In particular, Malaysia, Singapore, and Thailand saw a large influx of passengers after relevant visa-free policies were implemented.
 
In the first two months of this year, China Eastern Airlines' flights to Malaysia had an average load factor of 82.7%. Meanwhile, the passenger volume on flights between China and Italy saw a year-on-year increase of 62%.
 
Furthermore, China Eastern Airlines' industry-leading "full-journey online" in-flight Wi-Fi service also experienced a peak in usage during this year's Spring Festival travel rush. Statistics show that during the travel rush, the airlines' in-flight Wi-Fi service was provided on 10,787 wide-body aircraft flights, used by over 540,000 passengers.
 
Source: China Eastern Airlines

FROM COMMITMENT TO ACTION: MARY KAY RELEASES OVERVIEW OF TRANSFORMATIVE PARTNERSHIP TO ADVANCE WOMEN'S ENTREPRENEURSHIP GLOBALLY

^{The Women’s Entrepreneurship Accelerator Fourth Anniversary Report Highlights WEA’s Impact on Solving the Most Critical Needs of Women Entrepreneurs: Access to Education, Funding, Networks and Markets and Global Advocacy. (Photo: Mary Kay Inc.)}


Women’s Entrepreneurship Accelerator Fourth Anniversary Report Highlights WEA’s Impact on Solving the Most Critical Needs of Women Entrepreneurs: Access to Education, Funding, Networks and Markets and Global Advocacy.


DALLAS, March 6 (Bernama-BUSINESS WIRE) -- Mary Kay Inc., a global leader in women’s empowerment, today announced the release of a special report titled "Advancing Women’s Entrepreneurship: from Commitment to Action." The report details the company’s steadfast commitment to championing women's causes around the world through the significant strides the company has made in the four years since the founding of the groundbreaking Women’s Entrepreneurship Accelerator (WEA) multi-stakeholder partnership.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305573760/en/

 

In 2019, in partnership with six United Nations agencies, Mary Kay founded WEA as a driving force for promoting women's entrepreneurship and economic participation worldwide. The 2023 Special Report details the various flagship programs and impact statistics of WEA, emphasizing its global reach and unique approach in addressing the core challenges faced by women entrepreneurs.

“Through the Women’s Entrepreneurship Accelerator, we have created a robust platform that not only supports but celebrates the entrepreneurial spirit of women globally,” said Deborah Gibbins, Chief Operating Officer at Mary Kay. “Our goal is to empower five million women by 2030, and we’re well on our way. We’ve engaged over 600,000 women in our programs and activities so far, and 2024 will prove to be another historic year.”

The report showcases Mary Kay’s holistic approach to women's empowerment through the WEA multi-stakeholder partnership, spanning access to education, capital, networks and markets, advocacy, and policy. It includes remarkable achievements such as:

• the reduction of poverty rates in an SDG pilot village project in rural China capitalizing on women entrepreneurship and leadership development;
• the launch of the Women’s Entrepreneurship Regional EXPO and in-country satellite events in Europe and Central Asia region bringing together women entrepreneurs, investors, and business partners. These 2023 events, co-organized with 33 local partners, reached over 15,308 participants, including 1,047 entrepreneurs and 75 investors, and included 27 seminars/panels and exhibition spaces;
• the successful implementation of various training and mentoring programs conducted by high-level partners around the world such as the online Women’s Entrepreneurship Certificate Programme;
• the WEA Digital Innovation Challenge for Women Entrepreneurs received 250 applications from Women-led startups from 54 countries;
• Women entrepreneurship research for policy recommendation for gender equality in enterprise development in Latin America region.

The company's notable efforts in promoting gender-responsive procurement and investment (GRPI) have also made significant contributions to women's economic participation and empowerment.

To learn more about the Women’s Entrepreneurship Accelerator and to read the full 2023 Special Report, please click here.

About Mary Kay

Then. Now. Always. One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty brand in Texas in 1963 with one goal: to enrich women’s lives. That dream has blossomed into a global company with millions of independent sales force members in more than 35 countries. For 60 years, the Mary Kay opportunity has empowered women to define their own futures through education, mentorship, advocacy, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in preserving our planet for future generations, protecting women impacted by cancer and domestic abuse, and encouraging youth to follow their dreams. Learn more at marykayglobal.com. Find us on Facebook, Instagram, and LinkedIn, or follow us on X (formerly known as Twitter)

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Contact

Mary Kay Inc. Corporate Communications
marykay.com/newsroom
972.687.5332 or media@mkcorp.com

Source : Mary Kay Inc.