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Borr Drilling Limited files its 2020 Annual Report on Form 20-F and releases its Sustainability Report and Corporate Governance report for 2020

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HAMILTON, Bermuda, April 30, 2021 /PRNewswire/ — Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) today files its Annual Report on Form 20-F for the Year Ended December 31, 2020 (the “2020 Annual Report”). Simultaneously, the Company also releases its 2020 Sustainability Report and Corporate Governance Report. The reports are attached to this release.

Between the release of its unaudited financial statements on February 26, 2021 and the filing of the 2020 Annual Report, the Company has recorded a reduction of $12.4 million in its income from investments in its 49%-owned Mexican joint venture business accounted for under the equity method. The reduction is due to the recognition of a non-cash deferred tax expense and is not expected to affect the recoverability of the investments nor its ability to generate future profits or repay outstanding balances with the Company or other suppliers. The net loss for the year ended December 31, 2020 following the adjustment was $317.6 million.

The Company’s 2020 Annual Report can be downloaded from the SEC’s website (www.sec.gov) from 6:00am EDT on April 30, 2021, and is also available on the Company’s website (www.borrdrilling.com). Hard copies of the Company’s 2020 Annual Report can be ordered, free of charge, upon request by writing to us at:

Borr Drilling Limited
S.E. Pearman Building, 2nd Fl,
9 Par-la-Ville Road,
Hamilton HM11,
Bermuda

Or by email to: [email protected]

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Questions should be directed to: Magnus Vaaler, CFO, +47 22 48 30 00

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited-files-its-2020-annual-report-on-form-20-f-and-releases-its-sustainability-repo,c3337393

The following files are available for download:

SOURCE Borr Drilling Limited

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Energy

IEEE-USA Commends 2021 Endless Frontier Act

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The EFA utilizes one of America’s greatest strengths – technological innovation – to stimulate economic growth across our country and workforce. Focusing on ten broad areas of research, the bill invests in our universities and national labs to produce the ideas and insights necessary to fuel our technology-centric economy.

But the EFA is much more than just a research bill. Ideas are important, but to realize the full value of innovation, those ideas must become products, companies, and industries. The EFA recognizes this by creating and expanding America’s technology transfer infrastructure to move ideas developed in our universities into the marketplace quickly, and by insisting that this new infrastructure be built all across the country, not just in areas that are already global leaders in innovation.

Crucially, the EFA will invest in American workers across the technology spectrum, developing their specialized skills through grants and scholarships. America’s technology-based economy needs all types of skilled professionals, and the EFA will make sure that we have them. In doing so, the EFA will ensure that the benefits of American innovation are spread widely across the country and deeply across the American workforce.

“The Endless Frontier Act recognizes that America’s technological and national security are tightly linked to our economic competitiveness,” said Will Robinson, 2021 Vice President of Government Relations, IEEE-USA. “Investments in research and technology transfer are among the most effective and important economic development tools we have as a nation, and the EFA is a welcome step in the right direction.”

The full text of the Endless Frontier Act can be found here.

About IEEE-USA:
IEEE-USA serves the public good and promotes the careers and public policy interests of 150,000 engineering, computing and technology professionals who are U.S. members of IEEE, the world’s largest technical professional organization.

Visit us online at ieeeusa.org, follow us on Twitter, FacebookInstagramLinkedIn, and subscribe to our YouTube channel.

SOURCE IEEE-USA

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Energy

Covanta Declares Regular Quarterly Cash Dividend

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MORRISTOWN, N.J., May 13, 2021 /PRNewswire/ — Covanta Holding Corporation (NYSE: CVA) (“Covanta”) today announced that the Board of Directors has declared a quarterly cash dividend of $0.08 per share, payable on July 2, 2021 to stockholders of record as of the close of business on June 24, 2021.

About Covanta
Covanta is a world leader in providing sustainable waste and energy solutions.  Annually, Covanta’s modern Waste-to-Energy (“WtE”) facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle 600,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today’s most complex environmental challenges. For more information, visit covanta.com.

SOURCE Covanta Holding Corporation

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Albemarle Corporation to Release 2020 Sustainability Report on Wednesday, June 2, 2021

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CHARLOTTE, N.C., May 13, 2021 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its 2020 Sustainability Report on Wednesday, June 2, 2021.

The company will also host a webcast on Thursday, June 3, at 10:00 a.m. EDT with CEO Kent Masters and CFO Scott Tozier, who will present an update on Albemarle’s sustainability initiatives. This year’s Sustainability Report will map out meaningful and achievable targets for greenhouse gas and water use and Albemarle’s priorities that support the United Nations Sustainable Development Goals.

This webcast can be accessed through Albemarle’s corporate website at https://investors.albemarle.com/ or via the webcast link here: Albemarle Corporation Annual Sustainability Conference Call

To view Albemarle’s 2020 Sustainability Report, available on June 2, please visit https://www.albemarle.com/sustainability.

About Albemarle
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We think beyond business-as-usual to power the potential of companies in many of the world’s largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.

We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.

SOURCE Albemarle Corporation

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Energy

ClearSign Technologies Corporation Announces First Quarter 2021 Conference Call and Virtual Annual Meeting

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SEATTLE, May 13, 2021 /PRNewswire/ — ClearSign Technologies Corporation (Nasdaq: CLIR) (“ClearSign” or the “Company”), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces that on Tuesday, June 15, 2021 the Company will host a conference call at 5:00 PM ET. The Company will file its quarterly report on form 10-Q with the SEC in the coming days and will issue a summary of its financial and operating results for the quarter ending March 31st 2021 in a press release on the day of the call. 

Investors interested in participating on the live call can dial 1-866-372-4653 within the U.S. or 1-412-902-4217 from abroad. Investors can also access the call online through a listen-only webcast at  https://www.webcaster4.com/Webcast/Page/987/41381 or on the investor relations section of the Company’s website at http://ir.clearsign.com/overview.

The webcast will be archived on the Company’s investor relations website for at least 90 days and a telephonic playback of the conference call will be available by calling 1-877-344-7529 within the U.S. or 1-412-317-0088 from abroad. The conference ID is 10156614. The telephonic playback will be available for 7 days after the conference call.

Investors will be able to attend the Annual Meeting online on Thursday, June 17, 2021. To participate in the Annual Meeting, visit www.virtualshareholdermeeting.com/CLIR2021 and enter the 16-digit control number included on your proxy card. You may begin to log into the meeting platform beginning at 1:45 p.m. Pacific Daylight Savings Time on June 17, 2021.

Shareholders will also have the opportunity to submit questions during the Annual Meeting through www.virtualshareholdermeeting.com/CLIR2021.  A technical support telephone number will be posted on the log-in page of www.virtualshareholdermeeting.com/CLIR2021 you can call if you encounter any difficulties accessing the virtual meeting during the meeting.

About ClearSign Technologies Corporation

ClearSign Technologies Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety and overall cost-effectiveness. Our patented technologies, embedded in established OEM products as ClearSign Core™, and ClearSign Eye™ and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, transport and power industries. For more information, please visit www.clearsign.com.

Cautionary note on forward-looking statements

All statements in this press release that are not based on historical fact are “forward-looking statements.” You can find many (but not all) of these statements by looking for words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “would,” “should,” “could,” “may,” “will” or other similar expressions. While management has based any forward-looking statements included in this press release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, general business and economic conditions, the performance of management and our employees, the performance of our products, our ability to obtain financing, competition, whether our technology will be accepted and adopted and other factors identified in our Annual Report on Form 10-K filed with the Securities and Exchange Commission and available at www.sec.gov and other factors that are detailed in our periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.

SOURCE ClearSign Technologies Corporation

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http://www.clearsign.com

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