Daily Archives: June 13, 2018

New UAE T20 League Promises to be a Unique Development Platform for Regional and International Players Alike

DUBAI, UAE, June 13, 2018/PRNewswire/ — A new elite international T20 cricket league, organised in partnership with the Emirates Cricket Board (ECB) and sanctioned by the International Cricket Council (ICC), is set to take place in the UAE this December 2018 – January 2019.https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/thumbnail/entry_id/1_pzy11f0q/def_height/400/def_width/400/version/100011/type/1

To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8347651-new-uae-t20-unique-platform-for-players/

“Our whole focus of what we are trying to do here is to attract talent from all around the world to take part in this competition to help develop young cricketers from Associate Member nations who may have not had the opportunity to play at the highest level in the past,” said David East, CEO of the ECB.

This new festival of cricket will provide opportunities for cricketers from both ICC Full Member and Associate Member countries as well as juniors alike, to play with and develop their skills alongside the very best in the world. The five franchises will comprise a squad of 16 featuring six international star players, two emerging players from ICC Full Member countries, three players from ICC Associate Member nations, two Junior Players and three UAE cricketers. No other T20 competition has been established with these developmental goals at their core, and no other event will showcase such a wide array of international talent.

“This competition will introduce the sport to new audiences in the UAE. We want to stage a festival of cricket that is designed to bring the game to all corners of the country and to support grassroots and local cricket,” said Zayed Abbas, ECB Board Member.

Cricket is already the second most followed sport in the UAE, with an ever-growing following amongst the population. The high volume of world-class cricket having been played in the UAE over the past five years, has been really important in growing the sport’s popularity in the country.

Dr. Nasim Ashraf, Chairman of the T20 League Board of Directors, former Chairman of the Pakistan Cricket Board (PCB) and ECB Board Member, said:

“Our intention is to build a new event that is here to stay, and one that occupies a niche position in the international cricket calendar. We are looking to develop an international festival of cricket that exists first and foremost for the benefit of the players, and with a very specific goal of helping to develop new talent from around the world.”

Media Contact:
Dina Fouad
dina.fouad@csm.com
+971-50-812-5175

Photo: https://mma.prnewswire.com/media/704569/UAE_T20_League.jpg

Source: Emirates Cricket Board

Siluria Technologies and Saudi Aramco Technologies Company join forces to maximize chemicals production

SAN FRANCISCO, June 13, 2018 (GLOBE NEWSWIRE) — Saudi Aramco Technologies Company, a subsidiary of the world’s largest oil company, and Siluria Technologies, a leader in disruptive process technologies for the petrochemical and energy industries have executed a multi-plant technology license for the integration of Siluria’s proprietary technology (natural gas to olefins) with Saudi Aramco’s high-olefins cracking process technology.Siluria Technologies

Siluria’s natural gas-to-olefins technology, based on oxidative coupling of methane chemistry, is available for license in stand-alone configurations, as well as integration within a wide range of existing process plants; including steam crackers, propane dehydrogenation units, oil refineries, and methanol plants.    By integrating Siluria’s technology with existing facilities, operators can upgrade their methane-containing by-product streams from fuel to chemical value, improving carbon efficiency and production rates.

Robert Trout, Siluria’s President and CEO said, “Converting methane containing off-gases to higher value chemicals adds meaningful economic value, while plant integration can deliver excellent capital efficiencies.  We are thrilled to be working with a company like Aramco towards some of the largest and most technologically advanced petrochemical facilities the industry has ever seen.”

“As we engage more customers around the world, our clients are helping to discover new and exciting ways in which our technologies can be used to improve the economics, operability, and environmental footprint of their existing process plants,” added Trout.

Ahmad Al Khowaiter, Chief Technology Officer of Saudi Aramco commented, “Maximizing the output of high-value chemicals products from our future crude oil processing projects is one of the key objectives in our downstream technology strategy.”

He continued, “We see a strong fit with Siluria’s “gas to olefins” technology in certain plant configurations, and look forward to collaborating further with Siluria to realize the value of these processes.”

About Siluria:

Siluria Technologies is pioneering the commercial production of fuels and chemicals made from abundant natural gas and low value byproducts. Siluria’s proprietary technologies address the global petrochemical industry’s complex challenges of volatile commodity prices, shifting supply and demand patterns, stricter environmental regulations, and capitally intensive conventional technologies. Siluria’s revolutionary catalyst and process technologies uniquely combine nanomaterials, catalyst development, and chemical engineering, to convert natural gas into higher-value products through efficient processes that can be seamlessly integrated into existing industry infrastructure.

For more information about Siluria, visit www.siluria.com

About Saudi Aramco

Saudi Aramco is a world leader in integrated energy and chemicals, driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s crude oil supply to developing new energy technologies, our global team creates positive impact in all that we do. We focus on making our resources more sustainable and more useful, which promotes long-term economic growth and prosperity around the world.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ba40bd87-c5dd-46da-9cba-832eae091fb1

Siluria Technologies
Beverly Jernigan
+1(713)494-1733
beverly@beverlypr.com

Contact
Saudi Aramco International Media Relations
Email: international.media@aramco.com

Board of directors meeting of Berger Paints Pakistan Limited

Karachi, Berger Paints Pakistan Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on June 25, 2018 at Karachi. The agenda of the meeting will to consider the Budgeted Accounts for the period ended September30, 2019.

Further, the company has declared the closed period from June 19, 2018 to June 25, 2018.

Berger Paints Pakistan Limited was incorporated in Pakistan on March 25, 1950 as a private limited company under the Companies Act, 1913 now Companies Ordinance, 1984 and was subsequently converted into a public limited company in 1974. Slotrapid Limited, based in British Virgin Island is the holding company. The company is engaged in the manufacturing of paints, varnishes and other related items. The shares of the company are quoted on the Karachi and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Karachi and the principle manufacturing facility of the company is situated at Lahore.

The company has number of technical collaboration arrangements with leading international manufacturers. These include paint companies which enable developing Automotive, Vehicle Refinishes and Industrial Paints conforming to international standards; a Japanese chemical company, for Bumper Paints; PCS Powders, UK for Powder Coatings; DPI SendirianBerhad, Malaysia for Road & Runway Markings; Cerachem for Construction Chemicals and Asian Paints for Decorative Paints. The company has also acquired distribution rights of DuPont for Pakistan’s vehicle refinish paint segment.

The symbol “BERG” is being used by the stock exchanges for the shares of Berger Paints.

Board of directors meeting of Unilever Pakistan Foods Limited

Karachi, Unilever Pakistan Foods Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August20, 2018 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from June 25, 2018 to August21, 2018.

Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly.

The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.

Board of directors meeting of Atlas Battery Limited

Karachi, Atlas Battery Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on June 21, 2018 at Karachi. The agenda of the meeting will to consider the Budget 18-19 Accounts for the period ended June30, 2019.

Further, the company has declared the closed period from June 14, 2018 to June 21, 2018.

Atlas Battery Limited was incorporated as a public limited company on October 19, 1966. The company is engaged in manufacturing and sale of automotive and motorcycle batteries. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office and manufacturing facility of the company is located in Karachi.

The company manufactures polypropylene and hard rubber batteries to cater the needs of passenger cars of varied capacities, trucks, tractors, heavy vehicles, construction and road building equipment, as well as host of stationary and industrial applications. Motorcycle batteries have also been added to this range.

The symbol “ATBA” is being used by the stock exchanges for the shares of Atlas Battery Limited.

Trump says N Korea no longer a nuclear threat

North Korea no longer poses a nuclear threat, nor is it the biggest and most dangerous problem for the United States, President Donald Trump said on Wednesday on his return from a summit in Singapore with North Korean leader Kim Jong Un.

The summit was the first between a sitting U.S. president and a North Korean leader and followed a flurry of North Korean nuclear and missile tests and angry exchanges between Trump and Kim last year that fueled fears of war.

Everybody can now feel much safer than the day I took office, Trump said on Twitter.

There is no longer a nuclear threat from North Korea. Meeting with Kim Jong Un was an interesting and very positive experience. North Korea has great potential for the future!

On Tuesday, Trump told a news conference after the summit that he would like to lift sanctions against the North but that this would not happen immediately.

North Korean state media lauded the summit as a resounding success, saying Trump expressed his intention to halt U.S.-South Korea military exercises, offer security guarantees to the North and lift sanctions against it as relations improve.

Kim and Trump invited each other to their respective countries and both leaders gladly accepted, the North’s Korean Central News Agency (KCNA) said.

Kim Jong Un and Trump had the shared recognition to the effect that it is important to abide by the principle of step-by-step and simultaneous action in achieving peace, stability and denuclearization of the Korean Peninsula, KCNA said. (Reuters)

China hopes that all parties could grasp moment of positive changes on the Korean peninsula

Speaking in a daily news briefing in Beijing, Chinese Foreign Ministry spokesman said that his country hopes that all parties could grasp the moment of positive changes on the Korean peninsula to take constructive steps towards a political resolution and promoting denuclearization.

Meanwhile ,Kremlin spokesman Dmitry Peskov told reporters in Moscow that the US-North Korean has helped reduce tensions on the Korean Peninsula.

He said it would have been wrong to have expected that all of the issues surrounding North Korea’s missile and nuclear program could have been solved in an hour.

He said we still need to analyze the results of the meeting but the fact that it took place can only be welcomed.

Source: Radio Pakistan