Latest news with #Levidian
Associated Press
30-07-2025
- Business
- Associated Press
Wired for the Future: Announcing Southwire's 2024 Sustainability Report
July 30, 2025 /3BL/ -Southwire was founded in 1950 with the goal of bringing electric light to people who needed it. In 2025, as we celebrate the 75-year history of our company, we are pleased to mark the occasion with our annual sustainability report. 'Throughout 2025, we are taking the time to honor our legacy, celebrate our successes and drive excitement for the future,' said Rich Stinson, President and CEO of Southwire. 'We are proud of our accomplishments in Southwire's first 75 years and look forward to leading the charge in sustainable innovation and electrification for generations to come.' The latest sustainability report celebrates Southwire's progress toward its goals across the company's five core tenets of sustainability, including: Growing Green – Southwire reached a 65.2% reduction of Scope 1 and 2 emissions from a 2018 baseline, using various market-based methods. The company is transitioning away from its previous Carbon Zero goal to near-term science-based targets, recently validated by the Science Based Targets initiative. Living Well – Through our efforts to build a world-class safety culture, we achieved a record low total recordable incident rate (TRIR) of 0.65, exceeding our target of 0.68 in 2024. Giving Back – We engaged 92% of our local communities with at least two annual volunteer events in 2024. Southwire also celebrated the 20th anniversary of its Back to School giving efforts. Doing Right – For the second year in a row, Southwire was named to Ethisphere's World's Most Ethical Companies® list. Building Worth – Southwire expanded its sustainable innovation partnerships, including a project with Levidian to capture carbon from methane and investments into the next generation of smart power solutions through Southwire Technology Ventures. 'The world is changing, and we're evolving with it, from exploring the decarbonization of cable production to embracing new technologies such as artificial intelligence,' said Burt Fealing, Southwire's EVP, General Counsel and Chief Sustainability Officer. 'Through it all, hard work, collaboration and innovation keep us rooted in who we are – a company making a difference for this generation and the next.' In addition to the 2024 Sustainability Report, Southwire is proud to present our 2024 Sustainability Fact Sheet, which provides an overview of the company's progress toward our goals and key accomplishments throughout 2024. To view Southwire's 2024 Sustainability Report and 2024 Sustainability Fact Sheet, visit For more Southwire news, visit Visit 3BL Media to see more multimedia and stories from Southwire
The Star
26-06-2025
- Business
- The Star
Gas Malaysia and Levidian ink MoU to drive graphene production in Malaysia
SHAH ALAM: Gas Malaysia Bhd, a member of MMC Group, recently signed a Memorandum of Understanding (MoU) with leading British climate technology company Levidian to explore the deployment of the company's patented LOOP technology in Malaysia and the wider region. This strategic collaboration aligns with Gas Malaysia's long-term growth strategy and underscores its commitment to sustainability, innovation and delivering cleaner energy solutions. Levidian's LOOP decarbonisation device is a modular system that cracks methane to produce clean hydrogen and capture carbon in the form of high-quality graphene, a supermaterial with growing commercial relevance in industries such as automotive, batteries, paint and coatings, construction and advanced materials, to name a few. Under the terms of the MOU, both parties will collaborate on the deployment of a LOOP unit in Malaysia that will serve as a reference installation for further expansion toward broader regional commercialisation. Signing the MoU on behalf of Gas Malaysia was president and group chief executive officer Ahmad Hashimi Abdul Manap, accompanied by senior vice president (corporate strategy) Akbar Md Thayoob, as witness. Levidian was represented by its chief executive officer John Hartley, with commercial development director Ellie Galanis, as witness. Ahmad Hashimi said, 'We are pleased to partner with Levidian as it marks a significant step forward in our decarbonisation journey and pursuit of a sustainable future. 'By leveraging transformative technologies like LOOP, we aim to enhance the value of natural gas, diversify our revenue streams and reinforce our ESG agenda in support of Malaysia's energy transition.' He said, 'Our venture into high-quality graphene aligns well with the goals of Malaysia's New Industrial Master Plan (NIMP) 2030. 'Notably, graphene has been identified as one of four game-changing advanced materials under the National Advanced Materials Technology Roadmap 2021-2030, with the potential to transform the manufacturing sector. 'Building on Gas Malaysia's strong presence in supplying natural gas to industrial customers, we are committed to elevating our value-added offerings with the introduction of graphene application across multiple industrial sectors.' This strategic initiative is anchored on Gas Malaysia's GM32 Strategy, a 10-year roadmap aimed at strengthening its core business, exploring adjacencies along the gas value chain and diversifying into cleaner energy solutions. Hartley said, 'This MoU lays the foundation for an impactful collaboration, delivering both economic and environmental value through innovation. 'We are proud to partner with Gas Malaysia in bringing LOOP to South-East Asia, supporting both the region's decarbonisation goals and wider adoption of graphene as we continue on our journey to become one of the world's largest producers of high-quality, more sustainable graphene.' 'By aligning innovation with sustainability, we aspire to add value for our customers while contributing meaningfully to the nation's industrial transformation and low-carbon future,' Ahmad Hashimi added.
The Star
26-06-2025
- Business
- The Star
Trading ideas: TNB, Sports Toto, Cypark, Aeon Credit, HSS, Gas Malaysia, Green Ocean, UEM Sunrise, Destini, Citaglobal, ATA IMS, RHB, Sapura Energy, Ajinomoto, SNS, iCents
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Tenaga Nasional Bhd , via unit GSparx Sdn Bhd, will develop a 5.5 megawatt-peak solar project at Universiti Sains Islam Malaysia campus in Nilai, Negeri Sembilan. Sports Toto Bhd said it is acquiring three freehold commercial units at Berjaya Times Square for RM24.9mn in a related-party transaction. Cypark Resources Bhd has withdrawn its RM61.3mn arbitration claim against the government over landfill site closures, following an amicable settlement. Aeon Credit Service (M) Bhd is targeting a ROE of 12%–13% for FY26, down from 13.6% in FY25, mainly due to expected continued losses from its digital banking venture. HSS Engineers Bhd 's associate company HSS Integrated Sdn Bhd has secured a contract worth an estimated USD4.5mn for the Davao public transport modernisation project in the Philippines. Gas Malaysia Bhd has signed a MoU with British climate technology company Levidian to explore the deployment of Levidian's LOOP technology in Malaysia and the broader region. Green Ocean Corporation Bhd has received an unusual market activity query from Bursa Malaysia following a record low in its share price and a surge in trading volume. UEM Sunrise Bhd has dropped plans to build a data centre on the 74-acre site linked to its unsuccessful deal with Logos Infrastructure Holdco Pte Ltd. Destini Bhd has entered into two agreements to carry out overhaul works on electric train components for 58 train sets operating on the MRT Line 1. Citaglobal Bhd has signed a MoU with the Energy Ministry of the Kyrgyz Republic to cooperate on advancing energy projects, particularly in renewable energy facility construction. Shares in ATA IMS Bhd will be traded and quoted under its new name, Wavefront Bhd, effective 9am on June 30, 2025. RHB Bank Bhd has announced the appointment of Vashta Mahendran as its new group chief operations officer, effective July 1. Sapura Energy Bhd has announced the resignation of Datuk Shahriman Shamsuddin as a director of the group, effective yesterday. Ajinomoto (Malaysia) Bhd has declared a first and final dividend of 40.85sen/share for FY25 that brings its total dividend payout for FY25 to a record high of RM2.53/share. SNS Network Technology Bhd 's net profit surged 173.7% YoY to RM10.2mn for 1QFY26 from RM3.7mn a year earlier, thanks to robust sales of information and communication technology products through its commercial and online channels. iCents Group Holdings Bhd, a cleanroom and facility services provider, has set its IPO price at 24.0sen/share to raise RM27.0mn at its upcoming ACE Market listing.
Daily Express
25-06-2025
- Business
- Daily Express
Gas Malaysia signs MoU to bring British clean tech to Southeast Asia
Published on: Wednesday, June 25, 2025 Published on: Wed, Jun 25, 2025 Text Size: SHAH ALAM: Gas Malaysia has teamed up with UK-based Levidian to explore the rollout of its methane-cracking Loop technology in deal was inked to support Gas Malaysia's clean energy goals and drive regional adoption of decarbonisation tech. Loop turns methane into clean hydrogen and captures carbon as graphene, a 'supermaterial' used in everything from batteries to construction. A pilot unit will be deployed in Malaysia as a testbed before potential expansion across Southeast Asia. Gas Malaysia CEO Ahmad Hashimi Abdul Manap said the partnership bolsters the company's ESG strategy and taps into new revenue streams. He added that the move into graphene aligns with Malaysia's New Industrial Master Plan and advanced materials roadmap. Advertisement Levidian CEO John Hartley said the collaboration aims to deliver environmental and economic value while scaling sustainable graphene production. The project forms part of Gas Malaysia's GM32 roadmap to strengthen its gas business and diversify into cleaner solutions. Both parties expressed confidence in Loop's commercial potential and its role in Malaysia's energy transition. The signing ceremony was witnessed by senior representatives from both companies at a recent event in Shah Alam. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
25-06-2025
- Business
- New Straits Times
Gas Malaysia, UK's Levidian team up to drive graphene production here
KUALA LUMPUR: Gas Malaysia Bhd, a member of MMC Group, recently signed a pact with British climate technology company Levidian to explore the deployment of the latter's patented LOOP technology here and the wider region. Gas Malaysia said the collaboration aligns with its long-term growth strategy and underscores its commitment to sustainability, innovation and delivering cleaner energy solutions. Levidian's LOOP decarbonisation device is a modular system that cracks methane to produce clean hydrogen and capture carbon in the form of high-quality graphene. The latter is a supermaterial with growing commercial relevance in industries such as automotive, batteries, paint and coatings, construction and advanced materials. Both parties will collaborate on the deployment of a LOOP unit in Malaysia that will serve as a reference installation for further expansion toward broader regional commercialisation. Gas Malaysia president and group chief executive officer (CEO) Ahmad Hashimi Abdul Manap said the partnership marks a significant step forward in its decarbonisation journey and pursuit of a sustainable future. "By leveraging transformative technologies like LOOP, we aim to enhance the value of natural gas, diversify our revenue streams and reinforce our ESG agenda in support of Malaysia's energy transition," he said. He added that its venture into high-quality graphene aligns well with the goals of Malaysia's New Industrial Master Plan 2030. "Notably, graphene has been identified as one of four game-changing advanced materials under the National Advanced Materials Technology Roadmap 2021-2030, with the potential to transform the manufacturing sector." Levidian CEO John Hartley said partnership lays the foundation for an impactful collaboration, delivering both economic and environmental value through innovation. "We are proud to partner with Gas Malaysia in bringing LOOP to Southeast Asia, supporting both the region's decarbonisation goals and wider adoption of graphene as we continue on our journey to become one of the world's largest producers of high-quality, more sustainable graphene."
