Capstone Green Energy (NASDAQ: CGRN) Signs a 10-Year Parts and Labor FPP Service Contract on a 800kW Energy System Installed at a Remote Gas Compression Station In New Mexico

Research, News, and Market Data on Capstone Green Energy

 

VAN NUYS, CA / ACCESSWIRE / December 10, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy as a service (EaaS) solutions, announced today that Horizon Power Systems, the exclusive Capstone distributor for the Rocky Mountains and Western Canada (www.horizonpowersystems.com), signed a 10-year Parts and Labor Factory Protection Plan (FPP) service contract for a C800S (800 kilowatt) Signature Series Capstone energy system installed at a remote gas compression station in Southeast New Mexico.

The remote gas compression station replaced their out-of-date natural gas reciprocating engines with the Capstone Green Energy C800S energy system in order to handle the additional loads associated with the upcoming planned plant expansion while remaining compliant with New Mexico’s stringent air quality emissions standards. Commissioned in October 2020, the C800S provides 24×7 prime power to the station’s A/C loads with N+1 redundancy and also meets New Mexico’s emissions requirements without additional aftertreatment.

Capstone’s industry-leading FPP long-term comprehensive service product will provide complete service coverage, parts and labor for both scheduled and unscheduled maintenance for the next 10-years protecting the end-use customer from future cost increases associated with labor, replacement spare parts pricing, commodities, import tariffs, and interest rates.

“Over 90% of Horizon Power Systems service contracts are long-term parts and labor agreements. Long-term parts and labor service agreements provide full coverage protection by locking in the cost of maintenance parts and labor expenses for the term of the contract, which is a value add to the end-use customer. Creating value in partnership and minimizing risk for our Distributors and end-use customers is a key element of our Energy as a Service business model,” stated Tracy Chidbachian, Director of Customer Service.

“Meeting the customer’s operational needs for a critical power supply in a remote location and doing so in an environmentally responsible manner while providing the customer financial savings through a long-term service contract is key to what Capstone Green Energy brings to the energy market,” stated Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Continuing to grow our Energy as a Service business which is comprised of long-term FPP contracts, aftermarket service parts, application and engineering services, and long-term system rentals, is critical to our growth and long-term profitability,” concluded Mr. Jamison.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:

Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

 

Capstone Green Energy (NASDAQ: CGRN) Signs a 10-Year Parts and Labor FPP Service Contract on a 800kW Energy System Installed at a Remote Gas Compression Station In New Mexico

Research, News, and Market Data on Capstone Green Energy

 

VAN NUYS, CA / ACCESSWIRE / December 10, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy as a service (EaaS) solutions, announced today that Horizon Power Systems, the exclusive Capstone distributor for the Rocky Mountains and Western Canada (www.horizonpowersystems.com), signed a 10-year Parts and Labor Factory Protection Plan (FPP) service contract for a C800S (800 kilowatt) Signature Series Capstone energy system installed at a remote gas compression station in Southeast New Mexico.

The remote gas compression station replaced their out-of-date natural gas reciprocating engines with the Capstone Green Energy C800S energy system in order to handle the additional loads associated with the upcoming planned plant expansion while remaining compliant with New Mexico’s stringent air quality emissions standards. Commissioned in October 2020, the C800S provides 24×7 prime power to the station’s A/C loads with N+1 redundancy and also meets New Mexico’s emissions requirements without additional aftertreatment.

Capstone’s industry-leading FPP long-term comprehensive service product will provide complete service coverage, parts and labor for both scheduled and unscheduled maintenance for the next 10-years protecting the end-use customer from future cost increases associated with labor, replacement spare parts pricing, commodities, import tariffs, and interest rates.

“Over 90% of Horizon Power Systems service contracts are long-term parts and labor agreements. Long-term parts and labor service agreements provide full coverage protection by locking in the cost of maintenance parts and labor expenses for the term of the contract, which is a value add to the end-use customer. Creating value in partnership and minimizing risk for our Distributors and end-use customers is a key element of our Energy as a Service business model,” stated Tracy Chidbachian, Director of Customer Service.

“Meeting the customer’s operational needs for a critical power supply in a remote location and doing so in an environmentally responsible manner while providing the customer financial savings through a long-term service contract is key to what Capstone Green Energy brings to the energy market,” stated Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Continuing to grow our Energy as a Service business which is comprised of long-term FPP contracts, aftermarket service parts, application and engineering services, and long-term system rentals, is critical to our growth and long-term profitability,” concluded Mr. Jamison.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:

Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Dr. Patrick Gruber to Participate in a Water Tower Research Fireside Chat on Thursday, December 16th at 4:00 pm EST

 

Research, News, and Market Data on Gevo

 

ENGLEWOOD, Colo., Dec. 09, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Thursday, December 16, 2021 at 4:00 pm EST.

Topic: Key Recent Events and Business Overview

Investors and other persons interested in participating in the event must register using the link below. Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends on December 16, 2021, utilizing the same registration link.

Registration Link:
https://globalmeet.webcasts.com/starthere.jsp?ei=1518736&tp_key=1272073763

About Gevo
Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo also plans to take advantage of decarbonization via geological sequestration in the future. Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions.

Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build- out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.

Learn more at Gevo’s website: www.gevo.com

Gevo Investor and Media Contact
Heather L. Manuel
+1 720-418-0085
IR@gevo.com

Dr. Patrick Gruber to Participate in a Water Tower Research Fireside Chat on Thursday, December 16th at 4:00 pm EST

 

Research, News, and Market Data on Gevo

 

ENGLEWOOD, Colo., Dec. 09, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Thursday, December 16, 2021 at 4:00 pm EST.

Topic: Key Recent Events and Business Overview

Investors and other persons interested in participating in the event must register using the link below. Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends on December 16, 2021, utilizing the same registration link.

Registration Link:
https://globalmeet.webcasts.com/starthere.jsp?ei=1518736&tp_key=1272073763

About Gevo
Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo also plans to take advantage of decarbonization via geological sequestration in the future. Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions.

Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build- out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.

Learn more at Gevo’s website: www.gevo.com

Gevo Investor and Media Contact
Heather L. Manuel
+1 720-418-0085
IR@gevo.com

Wednesday, December 08, 2021

Gevo (GEVO)
Significant Supply Agreement Fills Second Net-Zero Plant

Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment and the Gevo Development/Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel, its Retrofit process and the next generation of chemicals and biofuels that will be based on its isobutanol technology. Gevo Development/Agri-Energy is the key revenue generating segment which involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Significant new supply agreement secured. Kolmar, a private Swiss company headquartered in Zug, has signed a fuel supply agreement (FSA) for 45 MGPY of renewable transportation fuel, including SAF and isooctane, from the Net-Zero 2 plant. The agreement has an initial delivery term of eight years with options for two three-year extensions. The FSA should generate annual revenue of $350 million, or $300 million from transportation fuels, including environmental credits, or ~$6.65/gallon, and $50 million from protein and corn oil co-product sales.


Contracted FSA portfolio expands and Net-Zero 1 and 2 are now full.  The Kolmar FSA adds 45 MGPY and total revnue of $2.8 billion to the current contracted FSA portfolio. While the current contracted FSA portfolio is 99 MGPY, or revenue of ~$4.4 billion, the development pipeline remains large with potential CVX commitment of up to 150MGPY not yet included. The new contract fills up current design …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Gevo Inks Largest Supply Agreement To-Date for Renewable Fuels

Research, News, and Market Data on Gevo

 

ENGLEWOOD, Colo., Dec. 07, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) has a new partner: Kolmar Americas Inc. (“Kolmar”). Kolmar and Gevo have entered into a financeable fuel supply agreement for 45 million gallons per year (on a neat basis) of renewable, energy-dense liquid hydrocarbons that are expected to be produced from Gevo’s second Net-Zero production facility, Net-Zero 2. Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland.

The agreement with Kolmar demonstrates that Gevo is continuing to diversify its partner base geographically as it grows its presence on the global stage. The fuel supply agreement provides for Gevo to supply Kolmar with renewable hydrocarbons, including sustainable aviation fuel (“SAF”) and isooctane that is a key component of renewable premium gasoline.
 

Gevo expects to supply 45MGPY of renewable fuels to Kolmar from its Net-Zero 2 plant that is currently being developed in the Mid-West of the United States. Deliveries to Kolmar would represent the entire plant output based on Net-Zero 2’s current design. Under the fuel supply agreement, Net-Zero 2 is expected to generate approximately US$300 million per year of gross revenue, including revenue from environmental benefits. With protein and corn oil co-product sales, Net-Zero 2 is estimated to generate gross revenues of approximately US$350 million per year. Over the eight years of the agreement, Net-Zero 2 all-in, gross revenue is estimated to be up to approximately US$2.8 billion, inclusive of renewable fuels and related products for the food chain.
 

According to Raf Aviner, President of Kolmar Americas, Inc.: “In addition to our traditional businesses, Kolmar is dedicated to commercial development and optimization of leading-edge low carbon products and technologies. We are excited to align Kolmar’s global supply reach, logistics, and regulatory capabilities with GEVO’s Net-Zero 2 production of cutting-edge low carbon aviation and gasoline fuels to get these advanced, sustainable products to the varied global markets that need and want them the most.”
 

“With this agreement, Kolmar is investing in the future, and this kind of foresight makes for another excellent partner and should make clear to our investors that we have traction in the market,” said Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer. “We have great potential in our business system to reinvent what is possible. Our system translates well because we actively address food security with the high-value nutritional products that our process generates simultaneously as we produce our advanced renewable fuels. Both products come from the same acre of farmland and add to our environmental benefit.”
 

The fuel supply agreement with Kolmar is subject to certain important terms and conditions. A copy of the fuel supply agreement with Kolmar has been filed with the U.S. Securities and Exchange Commission on Form 8-K.

About Gevo

Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI. Learn more at Gevo’s website: www.gevo.com

About Kolmar

Kolmar Americas, Inc. a wholly owned subsidiary of Kolmar Group AG, is a leading petrochemical, renewable fuels and liquid energy products trader and producer, headquartered in Shelton, Connecticut. Kolmar’s product slate includes crude oil to light petroleum derivatives, biodiesel, cellulosic fuels, renewable diesel, SAF, and biomass/circular carbon petrochemical feeds.  Kolmar Group AG is a global company with twenty offices worldwide and dedicated storage capacity located in the world’s main energy and chemicals hubs.

Learn more at Kolmar’s website: www.kolmargroup.com or contact press@kolmar-americas.com

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including Gevo’s technology, the fuel supply agreement with Kolmar, the estimated revenue that Gevo might earn from the Kolmar fuel supply agreement, Gevo’s estimated value of the fuel supply agreement with Kolmar, Gevo’s Net-Zero 2 project, Gevo’s ability to develop, finance and construct Net-Zero 2 using the fuel supply agreement with Kolmar, Gevo’s ability to produce renewable hydrocarbons, the attributes of Gevo’s products, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

Gevo Media Contact

Heather L. Manuel

+1 720-418-0085

IR@gevo.com

Gevo Inks Largest Supply Agreement To-Date for Renewable Fuels

Research, News, and Market Data on Gevo

 

ENGLEWOOD, Colo., Dec. 07, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) has a new partner: Kolmar Americas Inc. (“Kolmar”). Kolmar and Gevo have entered into a financeable fuel supply agreement for 45 million gallons per year (on a neat basis) of renewable, energy-dense liquid hydrocarbons that are expected to be produced from Gevo’s second Net-Zero production facility, Net-Zero 2. Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland.

The agreement with Kolmar demonstrates that Gevo is continuing to diversify its partner base geographically as it grows its presence on the global stage. The fuel supply agreement provides for Gevo to supply Kolmar with renewable hydrocarbons, including sustainable aviation fuel (“SAF”) and isooctane that is a key component of renewable premium gasoline.
 

Gevo expects to supply 45MGPY of renewable fuels to Kolmar from its Net-Zero 2 plant that is currently being developed in the Mid-West of the United States. Deliveries to Kolmar would represent the entire plant output based on Net-Zero 2’s current design. Under the fuel supply agreement, Net-Zero 2 is expected to generate approximately US$300 million per year of gross revenue, including revenue from environmental benefits. With protein and corn oil co-product sales, Net-Zero 2 is estimated to generate gross revenues of approximately US$350 million per year. Over the eight years of the agreement, Net-Zero 2 all-in, gross revenue is estimated to be up to approximately US$2.8 billion, inclusive of renewable fuels and related products for the food chain.
 

According to Raf Aviner, President of Kolmar Americas, Inc.: “In addition to our traditional businesses, Kolmar is dedicated to commercial development and optimization of leading-edge low carbon products and technologies. We are excited to align Kolmar’s global supply reach, logistics, and regulatory capabilities with GEVO’s Net-Zero 2 production of cutting-edge low carbon aviation and gasoline fuels to get these advanced, sustainable products to the varied global markets that need and want them the most.”
 

“With this agreement, Kolmar is investing in the future, and this kind of foresight makes for another excellent partner and should make clear to our investors that we have traction in the market,” said Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer. “We have great potential in our business system to reinvent what is possible. Our system translates well because we actively address food security with the high-value nutritional products that our process generates simultaneously as we produce our advanced renewable fuels. Both products come from the same acre of farmland and add to our environmental benefit.”
 

The fuel supply agreement with Kolmar is subject to certain important terms and conditions. A copy of the fuel supply agreement with Kolmar has been filed with the U.S. Securities and Exchange Commission on Form 8-K.

About Gevo

Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI. Learn more at Gevo’s website: www.gevo.com

About Kolmar

Kolmar Americas, Inc. a wholly owned subsidiary of Kolmar Group AG, is a leading petrochemical, renewable fuels and liquid energy products trader and producer, headquartered in Shelton, Connecticut. Kolmar’s product slate includes crude oil to light petroleum derivatives, biodiesel, cellulosic fuels, renewable diesel, SAF, and biomass/circular carbon petrochemical feeds.  Kolmar Group AG is a global company with twenty offices worldwide and dedicated storage capacity located in the world’s main energy and chemicals hubs.

Learn more at Kolmar’s website: www.kolmargroup.com or contact press@kolmar-americas.com

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including Gevo’s technology, the fuel supply agreement with Kolmar, the estimated revenue that Gevo might earn from the Kolmar fuel supply agreement, Gevo’s estimated value of the fuel supply agreement with Kolmar, Gevo’s Net-Zero 2 project, Gevo’s ability to develop, finance and construct Net-Zero 2 using the fuel supply agreement with Kolmar, Gevo’s ability to produce renewable hydrocarbons, the attributes of Gevo’s products, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

Gevo Media Contact

Heather L. Manuel

+1 720-418-0085

IR@gevo.com

 

Capstone Green Energy (NASDAQ:CGRN) to Participate at the Capital One Securities 16th Annual Energy Conference

Research, News, and Market Data on Capstone Green Energy

 

VAN NUYS, CA / ACCESSWIRE / December 6, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN), (“Capstone,” the “Company,” “we” or “us”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that its management team will be participating at the Capital One Securities 16^th Annual Energy Conference on Wednesday, December 8, 2021 via virtual format.

Management will be available throughout the day for virtual one-on-one meetings with investors who are registered to attend the conference. For more information about the conference or to schedule a virtual one-on-one meeting with management, please contact your Capital One Securities representative.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated to be approximately $698 million in energy savings and approximately 1,115,100 tons of carbon savings.

For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

 

Capstone Green Energy (NASDAQ:CGRN) to Participate at the Capital One Securities 16th Annual Energy Conference

Research, News, and Market Data on Capstone Green Energy

 

VAN NUYS, CA / ACCESSWIRE / December 6, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN), (“Capstone,” the “Company,” “we” or “us”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that its management team will be participating at the Capital One Securities 16^th Annual Energy Conference on Wednesday, December 8, 2021 via virtual format.

Management will be available throughout the day for virtual one-on-one meetings with investors who are registered to attend the conference. For more information about the conference or to schedule a virtual one-on-one meeting with management, please contact your Capital One Securities representative.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated to be approximately $698 million in energy savings and approximately 1,115,100 tons of carbon savings.

For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

	Image: UAL, United's Boeing 737 MAX 8 on the tarmac at O'Hare, Dec. 1.

Drop-In, Net Zero-Carbon Aircraft Fuels are Now Flying Passengers

 

While there is heightened attention to cars and their transition to carbon-neutral fuel alternatives, and we see more and more windmills and solar panels in our daily lives, there has also been great progress in the air as well. The development and implementation of sustainable aviation fuels (SAF) have been achieving exciting new firsts. The most recent history-making flight occurred this week when a commercial flight carried 115 passengers, 800 miles with one of its two engines fueled entirely by SAF.

The United Airlines Boeing 737 MAX 8 used drop-in sustainable aviation fuel. “Drop-in” implies no changes have to be made to the aircraft’s engines. The SAF used is interchangeable with conventional fuels. “Today’s SAF flight is not only a significant milestone for efforts to decarbonize our industry, but when combined with the surge in industry commitments to produce and purchase alternative fuels, we’re demonstrating the scalable and impactful way companies can join together and play a role in addressing the biggest challenge of our lifetimes,” said United CEO Scott Kirby, who was aboard the flight from Washington DC – Chicago flight.

Another person on board the flight was GE Aviation’s CEO, John Slattery. The 737 used a pair of LEAP-1B engines developed by CFM International, a 50-50 joint company including GE and Safran Aircraft Engines. GE has also been researching the use of SAF in its engines.

United was able to circumvent international standards and comply with ASTMN standards. These rules permit airlines to use a maximum of 50% SAF on commercial flights. On this historic flight, United operated one of the plane’s two engines on 100% conventional jet fuel and the other one on 100% SAF — about 500 gallons in each engine. This allowed for an adequate test of the fuel’s ability to operate under “real-life” conditions while still adhering to the standard.

 

Source: GE Aviation

 

According to General Electric, SAF can be made from any of 60 different feedstocks. These include plant oils, algae, greases, fats, waste streams, alcohols, sugars, captured CO2, and others. An article in Scientific American, biofuel made from used cooking oil could also be used to cut aviation-related carbon emissions. A blended form has been tested in both an Airbus A319neo plane and an Airbus 225 helicopter.

 

Providing Additional Thrust to Sustainability

Other progress on SAF comes from smaller companies like GEVO (
GEVO). Gevo has made substantial progress transforming plant-based liquid hydrocarbons into drop-in transportation fuels, including jet fuel and diesel substitutes. The standard of success is that when burned, the fuels can yield net-zero greenhouse gas emissions when measured across the full life cycle of the products.

Gevo’s products are reported to perform as well or better than traditional fossil-based fuels, but with substantially reduced greenhouse gas emissions.

Electric planes may soon become a reality too. In July, United Airlines announced its intention to purchase up to 100 19-seat electric planes from Swedish startup Heart Aerospace. The airline has conditionally agreed to purchase the ES-19 electric planes once the aircraft meet United’s safety, business, and operating requirements.

In addition, the carrier recently established a venture capital arm. United Airlines Ventures (UAV) announced that it is investing in the startup, along with Breakthrough Energy Ventures,  and Mesa Airlines.

UAV is building a portfolio of companies that focus on innovative sustainability concepts and create the technologies and products necessary to build a carbon-neutral airline and reach United’s net-zero greenhouse gas emissions goals. With this new agreement, United is building on its commitment to reduce its greenhouse gas emissions by 100% by 2050 without relying on traditional carbon offsets, as well as enabling the growth of Heart Aerospace and participating in the development of aircraft that will reduce greenhouse gas emissions from flying.

Take-Away

Advancements toward a more carbon-neutral planet are occurring with more fanfare on the ground than they are in the air. But the advancement in some aeronautical areas has been historic and serves to validate air carriers’ plans to substantially reduce or eliminate net-carbon fuels and do so without aircraft engine modification or redesign. 

 

Paul Hoffman

Managing Editor, Channelchek

 

Suggested Reading:

Hydrogen Powered Transportation May Include Planes by 2025

A Sustainable Classification Could Impact Energy Investors

The Growth in Green Chemical Companies is Gaining Attention

Lithium-Ion Power vs Hydrogen Fuel Cell

 

 

Sources:

https://aviationbenefits.org/environmental-efficiency/climate-action/sustainable-aviation-fuel/

https://www.ge.com/news/reports/united-flies-worlds-first-passenger-flight-on-100-sustainable-aviation-fuel-supplying-one

https://www.pnas.org/content/118/13/e2023008118

https://sustainabilitymag.com/sustainability/united-airlines-expects-disruption-sustainable-aviation

https://www.statista.com/statistics/655057/fuel-consumption-of-airlines-worldwide/

 

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Will Uranium, Natural Gas, and Coal be Severely Impacted by EU Taxonomy

 

Should natural gas and nuclear energy initiatives have green investment status? They both have a role, even if shorter-term, in bridging the gap to energy more acceptable to environmental “purists.”  Providing a green investment label to natural gas and uranium is rumored to be under consideration in the European Union.

As reported by Bloomberg News, more than one credible person and are reporting the EU is considering classifying as a “sustainable investment” gas-fired plants that replace coal and emit no more than 270 grams of carbon dioxide equivalent per kilowatt-hour. Bloomberg also reported the conversion projects would need to be finalized by 2030.

What is (Investment)
Taxonomy?

For those not familiar, the EU has an investment classification system known as EU Taxonomy, where it ranks “Sustainable Activities.” It strives to set standards and a “common language” and clear definition of what is considered “sustainable.”

Investors worldwide follow the EU investment classification system, as it can sway billions in funds from flowing into or out of a sector. In this case, coal, natural gas, and uranium could be severely impacted.  Known as taxonomy, the system is closely watched by investors worldwide and could potentially attract billions of euros in private finance to help the green transition. The challenge is to ensure the decision on nuclear and gas gets political support while avoiding the risk of greenwashing or overstating the significance of emissions cuts.

The commission, the EU’s executive arm, plans to unveil new rules “in the near future,” its spokesman said this week. There was no elaboration on any proposal.

 

EU Investment Taxonomy

Covering almost every sector of the economy, the taxonomy aims to guide investors to understand “clean projects.” The decision on whether it should include gas and nuclear power was already delayed in April following warnings by some investors, governments, and environmental activists that the addition could undermine the credibility of the taxonomy system.

Argument for Natural Gas Inclusion

Giving a temporary green label to gas projects with emissions not exceeding 270 grams of CO2 equivalent could facilitate investments in cleaning up coal-based district heating systems in countries such as Poland. It could be very helpful to Eastern Europe argue some East European politicians.

Argument for Nuclear Inclusion

The inclusion of some nuclear energy projects in the taxonomy would help attract private finance in nations from France to the Czech Republic, which plans to rely on nuclear power as part of their transition to net-zero emissions.

Europe wants to become the world’s first continent to reach carbon neutrality by the middle of the century under the Green Deal, a sweeping overhaul that aims to accelerate pollution cuts in all areas from energy production to transport.

Take-Away

Last Month European Commission President Ursula von der Leyen said that while the EU needs more renewable and clean energy, it also requires “a stable source, nuclear energy, and during the transition, also natural gas.”

This is a problem that other economic blocks are also faced with, there needs to be a source of uninterrupted dependable power while the transition of infrastructure to green, and technology for that transition is being developed.

Conversations suggesting these low or no carbon sources of more reliable energy fill lag-time are becoming more common. Whether they will be accepted as “green” because they help reach the ultimate green goal, is beginning to seem to be more likely.

Paul Hoffman

Managing Editor, Channelchek

 

Suggested Reading:

Unhyped Hydrogen Investments

How Does the Gates Buffett Natrium Reactor Work?

Recipe for Higher Uranium Prices

ESG Investors May Have Missed What’s Happening with Green Chemical Companies

 

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	Image Credit: SHVETS (Pexels)

ESG Investors May Have Missed What’s Happening with Green Chemical Companies

 

Are green chemistry companies being overlooked by ESG investors? While many green-oriented investors are focused on carbon neutrality, there is a growing area that is more slowly being discovered. Many of these companies have not experienced a large run-up in valuations, while demand for their products is steadily increasing.

The Green Energy Commerce Council (GC3) released a report last week documenting the significant growth in green chemistry marketed products. While this area is not receiving as much attention as others, the potential for individual companies to grow or for them to form alliances or partnerships with the world’s largest chemical companies is real.

What is the GC3

The Green Energy and Commerce Council is a collaborative housed at the University of Massachusetts, Lowell Center for Sustainable Production. They provide a setting for companies to share information as well as experiences about challenges and opportunities for safer, more sustainable chemical-based products. This includes promoting best practices to drive adoption through supply chains; fostering collaboration between government, businesses, and researchers; and identifying and engaging with those adopting green chemistry.

Green Chemistry Demand Growth

The GC3 report was developed in partnership with NYU Stern Center for Sustainable Business, N. Carolina State University, and Duke University. It documented significant growth in green chemistry marketed products in both sales and increased consumer demand.

 

Source: GC3 November Report

Their analysis shows an unprecedented rise in sales and consumer demand, with green chemistry products’ market share rising from 10.1% to 14.3% between 2015 and 2019 compared to traditional products. Sales even continued their climb through the coronavirus pandemic. This indicates a sustained rise in customer demand for green chemistry products, while the habits of younger consumers promise a sustained rise beyond 2021.

 

Market Growth

The analysis also found green chemistry products delivered 62% of market growth, 12.6 times faster than their conventional counterparts. In 8 out of 10 categories, growth in green chemistry product sales outpaced the growth of their respective categories. And, not only are consumers driving growth, but government policies like the European Commission’s Chemicals Strategy for Sustainability and investor expectations are also pushing green chemistry forward. Some 84% of business leaders surveyed for the report say they’ve increased their investment in green chemistry research and development, with 98% anticipating a further rise in investment over the next five years.

 

Categories and Companies

Chemical-based products can be found throughout our homes and industry. In addition to the categories listed below, Morgan Stanley includes bio solvents, inks and dies, fertilizers, lubricants, plastics, and surfactants.

 

Source: GC3 November Report

 

One growing company that has innovative green solutions in many of these categories is Flotek (FTK). Flotek develops, manufactures, and markets high-quality cleaning, disinfecting, and sanitizing products for commercial, governmental, and personal consumer use. As important, Flotek empowers the energy industry to maximize the value of its hydrocarbon streams through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international.

Current research on this company is available here on Channelchek. There is an exclusive live online interview with Flotek’s CEO John W. Gibson, Jr. at 1 pm ET today (December 1). If you are interested in discovering more about the growth of the green chemical sector and learning more about Flotek directly from the top, be sure to register, watch at 1 pm and have your questions answered. 

 

Take-Away

While green fuels have held the spotlight, green chemical companies are taking on a much greater role in our future. Consumers, including retail, government, and businesses, are increasingly turning to these products.

Investors looking to learn more about this sector can enhance their knowledge base by reading the GC3 report summary and attending today’s free online discussion with Flotek’s CEO.

 

Flotek Industries (FTK) Virtual Roadshow Series – TODAY @ 1pm EDT Join Flotek Industries CEO John W. Gibson, Jr. for this exclusive fireside chat moderated by Michael Heim, Noble’s senior research analyst, featuring questions taken from the live audience. Registration is free and open to all investors, at any level. Register Now  |  View All Upcoming Road Shows

 

 

Sources:

https://greenchemistryandcommerce.org/documents/member-guidelines-and-policies-march-2020.pdf

https://greenchemistryandcommerce.org/resources/newsletters/gc3-member-updater-november-2021

https://www.morganstanley.com/ideas/going-green-chemical-industry

 

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Flotek Announces Participation in Noble Capital Markets Virtual Road Show Series

 

HOUSTON, Nov. 29, 2021 /PRNewswire/ — Flotek Industries, Inc. (NYSE: FTK) today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for December 1, 2021.

Join Flotek Industries CEO John W. Gibson, Jr for this exclusive fireside chat moderated by Noble Senior Research Analyst Michael Heim, featuring questions submitted by the audience.

The live broadcast of the virtual road show is scheduled for December 1, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Flotek Industries is available on Channelchek.

About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek’s Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its green chemistry technologies and JP3’s real-time data platforms. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit www.flotekind.com.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. www.channelchek.com email: contact@channelchek.com

SOURCE Flotek Industries, Inc.