A Fusion of Sci-Fi and Heavy Industry Innovation, Flagship XCMG Machinery Equipment Features in Sci-Fi Blockbuster “The Wandering Earth II”

XUZHOU, China, Jan. 28, 2023 /PRNewswire/ — A fusion of sci-fi adventure and heavy industry innovation, a flagship fleet of customized XCMG Machinery (“XCMG”, SHE:000425) equipment is featured in the China-made sci-fi blockbuster “The Wandering Earth II” directed by Frant Gwo, which opened in movie theaters on Chinese New Year’s Day, and will be released in the countries and regions including North America, UK, Ireland, Australia, New Zealand, etc. starting from today.

A Fusion of Sci-Fi and Heavy Industry Innovation, Flagship XCMG Machinery Equipment, A Fleet of 61 Units Equipment of 42 Models, Features in Sci-Fi Blockbuster “The Wandering Earth II”, which to be Released on Jan. 28th, 2023 in the US, Canada, UK, Ireland, Australia, etc.

From the “space elevator” soaring across the earth and sky to the thrilling “air combat,” XCMG equipment journeys from behind the scenes to onstage in the prequel to 2019’s ”The Wandering Earth”, which became one of the highest grossing non-English movies ever. Leveraging its comprehensive product portfolio and solutions in hoisting, earthmoving, road, aerial work, sanitation, safety and emergency rescue, XCMG has provided a wide range of operational and transformable machinery equipment for the UEG (United Earth Government) in the film.

“As China’s premier company of industrial design, we came up with several product design proposals in two days after receiving the assignment and selected the best solution with the directors. As you’ll see in the film, we achieved ideal results.  These dazzling pieces of ‘equipment of the future’ were not just for cinematic show, they were inspired by our real-life products that are breaking new ground every day,” said Zhang Han, the industrial designer from XCMG.

XCMG provided 61 units of equipment of 42 models, more than 400 sets of spare parts and workshop props and 61 sets of 3D models over the course of film production, from scheduling, painting, equipment to personnel, logistics, to on-site execution and more. A total of 319 XCMG staff worked on the project.

One of the most coveted pieces of equipment from the film is the ET120 walking excavator, also known as the “steel mantis.” Designed for emergency rescue in complex terrain environments and at disaster-stricken sites, the ET120 can “walk” the plateau mountains, woodlands, ravines, swamps and alpine as if it’s on firm earth, while equipped for installing various tools to perform different tasks such as excavation, lifting, logging, fire extinguishing, crushing, grabbing and drilling at altitudes of up to 4,500 meters and temperatures of minus 40 degrees Celsius.

In addition, the film features dozens of innovative technologies that XCMG has developed for applications in extreme conditions, and over a third of the equipment in the film is unmanned and new energy models, including the AGV.

“The ‘steel mantis’ in the film is the ‘transformer’ of real life, and as you’ll see in the movie, XCMG brings sci-fi to reality through the wonders of our industrial engineering, so I’m very proud of what we have created,” said Gwo.

From introducing product technologies from abroad to mastering core technologies of breakthrough significance, XCMG, has established the most cutting-edge R&D through global collaboration to become one of the top three construction manufacturers in the world.

Photo – https://mma.prnewswire.com/media/1991543/A_Fusion_Sci_Fi_Heavy_Industry_Innovation_Flagship_XCMG_Machinery_Equipment.jpg

Nikkiso Clean Energy & Industrial Gases Group Announces New Sales and Service Facility in Qatar

Nikkiso Clean Energy & Industrial Gases Middle East QFZ LLC

Nikkiso Clean Energy and Industrial Gases is proud to announce yet another expansion of their sales and service capabilities for the Middle East market. Nikkiso Clean Energy and Industrial Gases Middle East QFZ LLC will be located in the Business Innovation Park in Ras Bufontas, Qatar.

TEMECULA, Calif., Jan. 24, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce yet another expansion of their sales and service capabilities for the Middle East market.

Nikkiso Clean Energy and Industrial Gases Middle East QFZ LLC will be located in the Business Innovation Park in Ras Bufontas, Qatar.

qatar free zone office 2

The mission of the new service centre is to support their local and regional customers for all projects and services related to Cryogenic Pumps, turboexpanders, and equipment for Liquefied Natural Gas, Ethylene, Ammonia, Hydrocarbon Gas Liquids, and Industrial Gases.

In addition, Nikkiso will support initiatives by regional players, on energy efficiency, waste heat recovery, and sustainability, by providing integrated complete solutions, such as Organic Rankine Cycle for Waste Heat Recovery, Hydrogen liquefaction and fueling, and Cryogenic Energy Storage.

“With this facility, Nikkiso CE&IG will be able to respond more quickly to our customer’s needs, providing individual service and solutions and further support our customers with our local presence,” according to Emile Bado, Executive Vice President, Sales & Business Development of the Group.

This expansion represents their commitment to and support their customers in Qatar and the Middle Eastern market.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.) and process plants for Industrial Gases, and Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9c5d6ba2-8512-4d88-9225-ac887d1d4e7d

GlobeNewswire Distribution ID 8735765

Duck Creek Technologies recognized for outstanding commitment to Diversity, Equity and Inclusion by Insurance Business America

The insurtech is named winner of the 2023 5-Star Diversity, Equity, and Inclusion award

Boston, Jan. 24, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has earned recognition from Insurance Business America as its 2023 5-Star Diversity, Equity, and Inclusion winner for its strong programs and values around diversity, equity and inclusion (DE&I).

Duck Creek is inherently people-focused and proudly made up of diverse individuals and global teams. The company’s culture and DE&I programs are a central part of its strategic global vision. Duck Creek has five dedicated Employee Resource Groups (ERGs) focused on race, ethnicity, gender, military service and career level, and two councils focused on diversity and employee experience. Duck Creek has championed a workplace that values and celebrates individuals and differences while encouraging and enabling collaboration.

“It is an honor for Duck Creek to be recognized as a leader of diversity, equity and inclusion in the insurance industry,” says Mike Jackowski, Chief Executive Officer at Duck Creek. “Our people are our greatest asset and they are central to creating a community of belonging and helping us transform the future of insurance through purpose, technology and data. The different backgrounds, experiences and ideas of our employees enable our customers’ success and bring value to our entire ecosystem.”

“Diversity is vital at Duck Creek and we recognize that it has many dimensions,” said Amy Bayer, Global Director – DE&I, Engagement and Culture. “We work intentionally to ensure a diverse collection of people, voices, and perspectives are represented, respected, empowered, and thrive at our company. We are dedicated to continuously strengthening our winning culture and expanding our DE&I initiatives to remain a community where employees feel a true sense of belonging and experience opportunities for long-term personal and professional growth.”

About IBA

Insurance Business provides a unique offering in the insurance space as an aspirational business magazine featuring a series of industry reports that recognize the achievements of key individuals and businesses as well as providing the latest in business best practice in a continually evolving industry.

The monthly magazine is supported by an online industry hub offering daily news and business intelligence via a website and daily e-newsletter. Committed to delivering the latest industry news, opinion and analysis, Insurance Business Online takes a fresh approach to covering the need-to-know developments of the day from government and regulatory bodies, platforms, underwriters and insurance firms, as well as industry service providers.

 

About Duck Creek Technologies

Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1 (201) 962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8734761

Rosario Ochoa Named General Manager of Nikkiso ACD for Nikkiso Clean Energy and Industrial Gases Group

TEMECULA, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Rosario Ochoa has joined the Group as General Manager of Nikkiso ACD, effective January 16, 2023.

Rosie brings with her over 15 years of experience in production, lean manufacturing, sustaining engineering, new product development, environmental health and safety as well as quality compliance to standards such as ISO 9001, AS9100, ISO/TS1949. She has a Bachelor of Science Degree in Electronics Engineering from Mexicali Institute of Technology, Mexico, and a certified ISO 9001:2008 Lead Auditor from AQS Management Systems, Inc. She has a strong background in manufacturing operations, quality and six sigma, engineering, organizational excellence and cultural transformation.

Nikkiso ACD, Santa Ana, California, along with Nikkiso Cryo (Las Vegas) is part of the Group’s Cryogenic Pumps Unit. As General Manager, Rosie will drive operational excellence throughout the Cryogenic Pumps Unit as well as the entire organization leading the cross functional teams to improve speed and efficiency across the business. She will report to Jim Estes, Executive Director Nikkiso ACD.

“Rosie brings a broad range of skills and experience to the position. With her leadership, I am confident ACD will continue to grow and meet our customers demand for the best quality and reliability of cryogenic pumps,” according to Jim Estes, Executive Director Nikkiso ACD. “Rosie’s role further supports our mission to provide innovative equipment, technologies and services through our global group of companies to help our customers to make a difference.”

Rosie is also a member of the Vistage organization: the world’s largest CEO coaching and peer advisory organization for business leaders.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture, and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

GlobeNewswire Distribution ID 8735012

Report on the Sustainability Governance Practices of the 30 Largest Global Banks Comes Up With Interesting Findings

LONDON, Jan. 19, 2023 (GLOBE NEWSWIRE) — Morrow Sodali and Nestor Advisors – A Morrow Sodali Company, are pleased to announce the publication of “Governance of sustainability in the largest global banks: A study of the top 30 European and North American banks”.

This Report examines the sustainability governance practices of the 30 largest European and North American banks. In preparing the Report, we reviewed various publicly available documentation and also interviewed representatives from fifteen leading banks, including nine board chairs, other board members and senior executives. Interviewees shed light on different practices, and why banks chose to pursue them. The resulting Report compares the banks across several data points and analyzes these findings against a double index of sustainability and financial performance.

Stilpon Nestor, the Report’s leading author stated, “Sustainability is one of the big issues facing banks and their leadership. Shareholders and various stakeholders, including regulators, expect banks to be proactive in sustainability. On the strategy side, the “greening of the book” is the big challenge, especially in markets with big “brown” sectors. On the risk side, some regulators expect banks to integrate sustainability risk within the core risk management framework and its key categories. They also expect a clear sustainability perspective in the risk appetite framework. In order to deliver in these areas, global banks have reshaped existing governance and organizational arrangements and have developed some new ones. Our Report examines these arrangements and comes up with interesting, sometimes counterintuitive, findings.”

Among these findings, the issue of board skills in relation to sustainability was highlighted. All of the banks we interviewed do not see having sustainability experts on the board as a priority. Their priority is to make their existing board members more cognizant in the sustainability area. In that sense, they emphasize the development of director skills.

How does a board structure itself to address sustainability? In many cases, this is done by setting up a new committee. However, structure often reflects the level of maturity of the issues in a bank. One interesting finding of the Report is that banks further advanced in the “maturity spectrum” have done away with special committees and discuss sustainability as part of the general strategy and risk appetite.

Another key finding relates to the role of management in ensuring all business functions strengthen their capabilities to understand sustainability. This is an issue that touches upon all business areas of a bank, whether it is a corporate, retail or private bank, as well as risk, finance and internal audit functions. That is why most global banks have created senior management committees to oversee this transversal work. The seniority of the members of this committee is key. In 50% of the banks, the CEOs themselves are heading this senior coordinating committee.

Most banks have also included sustainability parameters in their executive remuneration approach. The Report finds that in the best performing ones, sustainability considerations have a relatively significant “weight” among other factors in determining variable compensation.

We hope you find this study insightful, and that the findings will be helpful from the perspective of all stakeholders. Click here to request the Report in full.

ABOUT MORROW SODALI

Morrow Sodali is a leading provider of strategic advice and shareholder services to corporate clients around the world. The firm provides corporate boards and executives with strategic advice and services relating to corporate governance, ESG, shareholder and bondholder communication and engagement, capital markets intelligence, proxy solicitation, shareholder activism and mergers and acquisitions.

From headquarters in New York and London, and offices and partners in major capital markets, Morrow Sodali serves over 1,000 corporate clients in 80+ countries, including many of the world’s largest multinational corporations. In addition to listed and private companies, its clients include financial institutions, mutual funds, ETFs, stock exchanges and membership associations.

For more information, please visit morrowsodali.com.

ABOUT NESTOR ADVISORS

Nestor Advisors is the specialized board and governance advisory subsidiary of Morrow Sodali. We are a global advisory firm specializing in corporate governance, sustainability and organizational design, and work with the boards and senior management of financial institutions, companies and not-for-profit organizations to improve decision making, organizational structures, controls and incentives.

Fully integrated with Morrow Sodali, the two companies provide the firm’s global client base with a comprehensive suite of advisory services relating to corporate governance, ESG, sustainability and stakeholder engagement.

Our services span a broad spectrum including holistic assessments yielding a significant redesign of a company’s governance system, board evaluations, group governance, board training, risk management, and the development of specific policies and controls. Whatever the scope, our services are always closely tailored to our clients’ needs.

For more information, please visit nestoradvisors.com.

CONTACTS

Elena Cargnello
Corporate Director, Marketing
e.cargnello@morrowsodali.com
+44 (0)20 4513 6913

GlobeNewswire Distribution ID 8732968