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THE WOODLANDS, Texas, May 4, 2021 /PRNewswire/ TETRA Technologies, Inc. ( TETRA or the Company ) (NYSE:TTI) today announced first quarter 2021 results.
First quarter 2021 revenue was $77 million, a sequential increase of 2% over the fourth quarter of 2020. Net loss before discontinued operations was $11.9 million, inclusive of $6.6 million of non-recurring charges and expenses. This compares to a net loss before discontinued operations of $7.1 million in the fourth quarter, inclusive of $3.4 million of non-recurring charges and expenses. Net income per share attributable to TETRA stockholders in the first quarter was $0.86, which includes a $121 million gain following the deconsolidation of CSI Compressco LP ( CSI Compressco ), approximately $107 million of which was non-cash. Excluding the non-recurring charges and expenses, the net loss per share attributable to TETRA stockholders was $0.04. Adjusted EBITDA excluding non-recurr
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THE WOODLANDS, Texas, May 3, 2021 /PRNewswire/ TETRA Technologies, Inc. ( TETRA or the Company ) (NYSE:TTI) today announced that the Company has signed a memorandum of understanding ( MOU ) with CarbonFree, a global carbon capture company with patented technologies that capture CO
2 and mineralize emissions to make commercial, carbon-negative chemicals.
CarbonFree s SkyCycle™ is a second-generation carbon mineralization technology that uses calcium chloride as a key part of the conversion chemistry. TETRA is a global leader in the production and chemistry for many commercial applications of calcium chloride, so the Companies plan to use each other s technical expertise, chemistry know-how, production, and supply chain networks to jointly advance the commercialization of SkyCycle™.
VANCOUVER, BC / ACCESSWIRE / April 28, 2021 / Culmina Ventures Corp. (the "Company" or "Culmina"), is pleased to announce that Jason Hein, Robert Mintak and James Andrew Robinson have been appointed as
Will Lithium Price Rebound Stick? streetwisereports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereports.com Daily Mail and Mail on Sunday newspapers.
Article by Adam Duckett
LANXESS is taking its first step into the battery chemistry market through a deal to manufacture electrolyte formulations for Chinese manufacturer Guangzhou Tinci Materials Technology.
Starting next year, the electrolyte formulations will be produced at a site in Leverkusen, Germany, through Lanxess’ subsidiary Saltigo. Tinci currently produces electrolytes at plants in China. The deal with Lanxess will give it a foothold to sell to battery cell manufacturers in Europe.
Anno Borkowsky, Member of the Board of Management at Lanxess said: “The upswing in e-mobility is accelerating. Numerous new plants for battery cell production are currently being built in Europe. This fast-growing market also offers great opportunities for Lanxess, especially in the field of battery chemistry. We already produce many raw materials for battery manufacturing. The cooperation with Tinci is another step in establishing ourselves in this market.”