Stock Markets
Beyond Benign and Dow Expand Collaboration to Advance Green Chemistry Education
MIDLAND, MI / ACCESSWIRE / April 23, 2024 / Dow (NYSE:DOW), a global leader in materials science, and Beyond Benign, a nonprofit organization focused on making green chemistry an integral part of education, announce an expanded multi-year collaboration. Building upon a foundation of cooperation, both organizations aim to advance chemistry education by empowering educators with the tools and resources to incorporate green chemistry into higher education curricula.
The collaboration, fueled by Dow’s commitment to sustainability, will bolster Beyond Benign’s initiatives in several key areas:
- Expansion of the Green Chemistry Commitment program: Over the next three years, Beyond Benign plans to accelerate the recruitment of universities globally into its Green Chemistry Commitment (GCC) program, an institutional approach to advancing green chemistry in higher education (currently, more than 160 have joined). This expansion will further the integration of green chemistry principles into academic institutions worldwide.
- Design of on-demand professional training in Green Chemistry: Beyond Benign and Dow will partner with educators to design a cutting-edge on-demand training program focused on green chemistry. This initiative will provide educators and industry professionals with accessible resources to enhance their understanding and teaching of sustainable chemistry practices.
- Green Chemistry Education Challenge awards: Beyond Benign will provide university awards to support the advancement of Green Chemistry in teaching, research and service for 15-30 university educator teams.
- Support for Dow employee volunteer opportunities: Dow employees will have opportunities to engage as advocates, educators and learners in Green Chemistry initiatives, amplifying the impact of this collaboration across communities.
“We are thrilled to have the opportunity to expand our efforts with Dow,” says Amy Cannon, Beyond Benign Co-Founder and Executive Director. “This collaboration will allow us to deepen our connections with educators to provide key resources to train future scientists with the knowledge and skills to design safer chemical products. We will also provide support to universities through educational grants and peer support to enable further adoption of green chemistry in higher education.”
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With expanded support from Dow, Beyond Benign aims to collaborate globally, prioritizing relationships with Historically Black Colleges and Universities (HBCUs) and Hispanic-Serving Institutions (HSIs) in the U.S. Beyond Benign seeks to increase participation of Minority-Serving Institutions (MSIs) in the GCC program to enhance the representation of scientists in the green chemistry field, empower faculty to integrate sustainability principles into chemistry education and expand the diversity of the talent pool equipped to address critical sustainability challenges in alignment with UN Sustainable Development Goals.
“Beyond Benign’s commitment to advancing green chemistry education is inspiring,” says Bob Plishka, global director of Strategic Corporate Partnerships and Dow Company Foundation president. “This collaboration reflects Dow’s commitment to sustainability and STEM & skilled trades, empowering educators to instill environmental stewardship in the next generation of scientists.”
Growing this collaboration symbolizes a significant stride in transforming chemistry education. Green chemistry places sustainability at the forefront of product and process design, providing the framework for scientists to address sustainability in the design stage of a product lifecycle. Supported by Dow, Beyond Benign launched the GCC 25×25 initiative in 2020, aiming to ensure 25% of graduating U.S. chemists possess green chemistry expertise by 2025. Over 107 U.S. universities, including many of Dow’s academic partners, and over 160 universities globally have already joined, highlighting the widespread embrace and impact of green chemistry principles. To learn more about the GCC program and which universities have signed the pledge, please visit Beyond Benign’s website: https://www.beyondbenign.org/he-green-chemistry-commitment/
About Beyond Benign:
Beyond Benign, a 501(c)3 nonprofit, envisions a world where the chemical building blocks of products used every day are healthy and safe for humans and the environment. Beyond Benign is fostering a green chemistry education community empowered to transform chemistry education for a sustainable future. Beyond Benign’s continuum of sustainable science educational programs including, teacher and faculty training and curriculum development from K-20 are helping to build the next generation of scientists and citizens with the skills and knowledge to create and choose products that are safe for human health and the environment. Over the past 17 years, Beyond Benign has an extensive history of service, having trained over 6,500 K-12 teachers in sustainable science and green chemistry, designed over 200 open-access lessons, reached over 35,000 youth and community members through outreach, & partnered with over 160 universities to transform chemistry education. Together we can catalyze the development of green technological innovations that result in safer products and processes in support of a sustainable, healthy society.
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Find us on Twitter @beyondbenign, on Instagram @beyondbenign, and follow us on Facebook (NASDAQ:) @beyondbenign or LinkedIn: https://www.linkedin.com/company/beyond-benign-inc/.
About Dow
Dow (NYSE:DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc (NYSE:). and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.
For further information, please contact:
Jess MacDonald
Dow Global Citizenship manager
jmacdonald1@dow.com
Nicki Wiggins, director of Development
Beyond Benign
nicki_wiggins@beyondbenign.org
View additional multimedia and more ESG storytelling from DOW on 3blmedia.com.
Contact Info:
Spokesperson: DOW
Website: https://www.3blmedia.com/profiles/dow
Email: info@3blmedia.com
SOURCE: DOW
Stock Markets
US stocks slightly lower after Christmas holiday
Investing.com– U.S. stocks were slightly lower on Thursday, though trading volumes were thin a day after the Christmas holiday.
At of 12:58 ET (17:58 GMT), the fell 0.10%, the was down 0.1%, while the declined 0.01% or 6 points.
Jobless claims in U.S. dip to one-month low
The weekly U.S. jobless claims data released before the market opened on Thursday and saw a one-month low dip.
The Labor Department reported a decrease of 1,000 in initial applications for state unemployment benefits, bringing the seasonally adjusted figure to 219,000 for the week that ended on December 21. This figure is lower than the 224,000 claims that economists had predicted for the same week.
Meanwhile, the number of individuals receiving benefits after their first week of aid, which serves as an indication of hiring, increased by 46,000. This brought the seasonally adjusted total to 1.910 million for the week that ended on December 14, the highest since November 2021. Economists had previously anticipated the number of these continued claims to be 1.880 million.
“We do not think that this week’s data will move the needle for any of them, but more prints in line with the tone of this week’s data may motivate the doves on the Committee to speak up,” Jefferies said in a recent note.
Tech stocks flat despite Apple upgrade
The major tech giants were mostly down after the markets opened, with Apple marginally higher despite an upgrade from tech-bull Wedbush.
Apple Inc (NASDAQ:) gained 0.2% affter Wedbush raised its price target on Apple to $325 from $300 banking on transformative AI-driven iPhone upgrade cycle poised to fuel growth into 2025.
“We believe Apple is heading into a multi-year AI driven iPhone upgrade cycle that is still being underestimated by the Street,” Wedbush said in a recent note.
Crypto-related stocks slip as bitcoin skids, but KULR Technology surges on BTC purchase
Crypto-related stocks including MicroStrategy Incorporated (NASDAQ:), Coinbase Global Inc (NASDAQ:), and Riot Platforms (NASDAQ:) followed bitcoin lower as the most valuable cryptocurrency fell more than 2%.
KULR Technology jumped 30% after the space technology company bought about 217 bitcoin and detailed plans to allocate up to 90% of its excess cash to bitcoin.
Stock Markets
Lichen China Limited announces $2.8 million share sale
XIAMEN, China – Lichen China Limited (NASDAQ:LICN), a company specializing in financial and taxation services, has announced a definitive agreement with several investors for a registered direct offering. The offering involves the sale of 20 million Class A ordinary shares, or pre-funded warrants as an alternative, at a price of $0.14 per share. This transaction is expected to yield approximately $2.8 million in gross proceeds for the company. The offering comes as the company maintains strong financial fundamentals, with InvestingPro data showing an impressive gross profit margin of 61% and a healthy current ratio of 17.55x.
The closing of the sale is anticipated on or about December 27, 2024, pending the fulfillment of customary conditions. Univest Securities, LLC is the sole placement agent for the offering, which is being conducted under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on March 1, 2024.
Investors can access the final prospectus supplement and accompanying prospectus, detailing the offering’s terms, on the SEC’s website once filed. The offering is only valid in jurisdictions where it is lawful, and the securities cannot be sold in any jurisdiction where such an offer, solicitation, or sale would be illegal prior to registration or qualification under the applicable securities laws.
Lichen China, with over 18 years of experience, has established a reputation for providing professional and high-quality financial and taxation solutions in China. The company also offers education support services and software and maintenance services under the “Lichen” brand. Despite the stock’s significant decline of 89% year-to-date, InvestingPro analysis indicates the company is currently undervalued, with robust revenue growth of 25% in the last twelve months. Get access to 16 additional ProTips and comprehensive financial analysis with an InvestingPro subscription.
The company’s press release contains forward-looking statements that involve risks and uncertainties. While Lichen China believes the expectations reflected in these statements are reasonable, they caution that actual results may differ materially. Trading at a P/E ratio of 6.4x and with a market capitalization of $8.17 million, investors are encouraged to review factors that may affect the company’s future results in its registration statement and other SEC filings.
This news article is based on a press release statement from Lichen China Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Stock Markets
2024 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes
MCLEAN, Va., Dec. 26, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: OTC:) today published on its website the National Association of Insurance Commissioners (NAIC) 2024 filing year designations for certain STACR REMIC Trust, STACR Trust, and STACR Debt Notes (collectively, STACR Notes).
Overall, of the 209 reviewed STACR Notes, all have achieved NAIC 1 Designation including all A1, M1 and M2 Notes offered through 2024 STACR transactions. In addition, 10 of the 2024 NAIC 1 Designations are upgrades from their 2023 NAIC 2 Designations. The below table details the upgrades:
CUSIP | Deal Name | 2023 Year-End NAIC Designation | 2023 Year-End NAIC Designation Modifier | 2024 Year-End NAIC Designation | 2024 Year-End NAIC Designation Modifier |
35564KB57 | STACR 2022-HQA2 M2B | 2 | B | 1 | E |
35564KB65 | STACR 2022-HQA2 M2 | 2 | A | 1 | D |
35564KE62 | STACR 2022-HQA3 M2B | 2 | C | 1 | F |
35564KE70 | STACR 2022-HQA3 M2 | 2 | B | 1 | E |
35564KP60 | STACR 2023-DNA1 M2B | 2 | C | 1 | E |
35564KP94 | STACR 2023-DNA1 M2 | 2 | A | 1 | E |
35564KT82 | STACR 2023-DNA2 M2B | 2 | C | 1 | E |
35564KU31 | STACR 2023-DNA2 M2 | 2 | A | 1 | E |
35564KY29 | STACR 2023-HQA1 M2B | 2 | B | 1 | E |
35564KY37 | STACR 2023-HQA1 M2 | 2 | A | 1 | E |
About Freddie Mac Single-Family Credit Risk Transfer
Freddie Mac’s Investment & Capital Markets Credit Risk Transfer (CRT) programs transfer credit risk away from U.S. taxpayers to global private capital via securities and (re)insurance policies, providing stability, liquidity and affordability to the U.S. housing market. The GSE Single-Family CRT market was founded when Freddie Mac issued the first STACR ® (Structured Agency Credit Risk) notes in July 2013. In November 2013, ACIS ® (Agency Credit Insurance Structure ®) was introduced. Today, the industry-leading and award-winning programs attract institutional investors and (re)insurance companies worldwide. For specific STACR and ACIS transaction data, visit Clarity Data Intelligence ®.
About Freddie Mac
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | LinkedIn | Facebook| X | Instagram | YouTube
MEDIA CONTACT:
Fred Solomon
703-903-3861
Frederick_Solomon@FreddieMac.com
INVESTOR CONTACT:
Christian Valencia
571-382-4236
Source: Freddie Mac
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