Podcasts about Polyethylene

Most common plastic

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Polyethylene

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Best podcasts about Polyethylene

Latest podcast episodes about Polyethylene

Al Ahly Pharos
Pre-Session Views

Al Ahly Pharos

Play Episode Listen Later Jun 2, 2025 5:22


In today's Pre-Session Views: Strategy| Jirian impact on PHDC is contingent on deal metricsETEL| Vodafone Egypt - MNOs cashflows giant remains a key value driver for ETELCSAG management call| AD ports agreement and recovery in Suez Canal traffic shall pave the way for a better performanceWeekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 63.9 | -1.4% | Diesel-HSFO Spread, USD/ton | 189.2 | -6.1% | Egypt Urea, USD/ton | 401.0 | 0.0% | Polyethylene, USD/ton | 920.0 | 0.0% | Polypropylene, USD/ton | 965.0 | 0.0% | Iron Ore 65%, USD/ton | 115.4 | -0.6% | Steel/Iron Ore Spreads, USD/ton | 374.4 | -1.0% | LME Aluminum Cash Price, USD/ton | 2,438.3 | -0.8% | LME Copper Cash Price, USD/ton | 9,548.1 | -1.0% | Egyptian Retail Cement, EGP/ton | 3,784.0 | 1.1% | Steam Coal FOB Newcastle Australia, USD/ton | 100.8 | 0.4% | SMP, USD/MT | 2,817.0 | 0.0%

Al Ahly Pharos
Pre-Session Views

Al Ahly Pharos

Play Episode Listen Later May 26, 2025 8:19


In today's Pre-Session Views: Strategy| Out of all commodity and F&B plays, EGAL and SUGR continue to stand outJUFO| potential non-core asset sale to support liquidity and profitabilityMBSC| Signals Commitment to Shareholders with Robust FY24 DividendEFIH| A direct beneficiary of Egypt's tourism boomRAYA| Keep an eye on EGX's diversified conglomerate – another beneficiary of interest rate cutsWeekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 64.8 | -1.0% | Diesel-HSFO Spread, USD/ton | 201.5 | -3.4% | Egypt Urea, USD/ton | 401.0 | 2.8% | Polyethylene, USD/ton | 920.0 | 0.0% | Polypropylene, USD/ton | 965.0 | 0.5% | Iron Ore 65%, USD/ton | 115.8 | -1.0% | Steel/Iron Ore Spreads, USD/ton | 378.9 | 0.0% | LME Aluminum Cash Price, USD/ton | 2,456.9 | -1.2% | LME Copper Cash Price, USD/ton | 9,641.1 | 1.7% | Egyptian Retail Cement, EGP/ton | 3,743.0 | 3.5% | Steam Coal FOB Newcastle Australia, USD/ton | 100.4 | 1.4% | SMP, USD/MT | 2,817.0 | -0.4%

Real Life Pharmacology - Pharmacology Education for Health Care Professionals

On this episode of the Real Life Pharmacology podcast, I discuss Miralax (polyethylene glycol) pharmacology, adverse effects, and much more. MiraLAX is an osmotic laxative commonly used to treat occasional constipation by retaining water in the stool to increase stool frequency and soften consistency. The standard adult dose of MiraLAX is 17 grams (approximately one heaping tablespoon) dissolved in 4 to 8 ounces of liquid once daily. Electrolyte imbalances are rare but possible with prolonged or excessive use of Miralax, particularly in elderly or renal-impaired patients. Advise patients to maintain adequate hydration while using MiraLAX to support its mechanism and reduce side effects.

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later May 5, 2025 4:46


*Key news articles for today*Abu Dhabi wealth fund ADQ-owned AD Ports Group has inked a 50-year renewable usufruct agreement with the Suez Canal Economic Zone (SCZone) to develop and operate an industrial and logistics zone spanning 20 sqkm in East Port Said. Net foreign assets in Egypt's banking sector increased for the third consecutive month to USD15.04 billion in March, up c. 47.5% from February's USD10.2 billion. Commercial banks recorded their first surplus since August; their net foreign assets came in at USD2.5 billion in March. The government is preparing to unveil a revamped export subsidy program that will roughly double support rates across all sectors, introduce new incentives for branded exports, and prioritize higher value-added sectors. The framework is expected to be formally announced soon, come into effect on 1 July, and run through 2028.  The CBE has plans to issue a record EGP2.2 trillion in t-bills and bonds during the fourth quarter of the current fiscal year, marking a 9.7% q/q increase, to help cover the budget deficit.  The government plans to purchase 8.5 million tons of wheat in the upcoming fiscal year, split between local and imported supply. That is around 300k tons more than FY24/25. The government plans to implement a number of amendments and measures to increase the expected VAT proceeds during the next fiscal year, by including new sectors in the formal economy and applying the tax to entities previously exempted from it. This comes amid expectations of lower production costs and a further reduction in interest rates.  Sources told press that allowing banks to process customs imports after the official working hours without restrictions will expand the import and export base for investors, which will positively impact VAT revenue. ABUK released 3Q24/25 unaudited financial indicators with net profit came of EGP3.3 billion (-59% YoY, +5% QoQ). This brought 9M24/25 bottom line to EGP7.8 billion (-36% YoY). ABUK is currently trading at FY24/25f PE of 5.0x. EFIC released 1Q25 unaudited standalone results with net profit increasing by 32% YoY (-78% QoQ) to EGP208.9 million. EFIC is currently trading at FY25f PE of 5.2x. ABUK subsidiary North Abu Qir for Agri-Nutrient Company's Board of Directors approved the establishment of a new company under the name Khaleej Abu Qir for Agri-Nutrient as a private free zone company with an authorized capital of USD100 million and issued and paid-in capital of USD5 million.  ABUK subsidiary Global Company for Methanol and its Derivatives' general assembly approved the liquidation of the company, and the redemption of the shareholder shares in the company's capital. TMGH (FV: EGP75.00, OW) launched the second phase of SouthMed on the North Coast. Weekly Commodities Update|   | Last Price | WoW Change, % | Brent, USD/bbl | 66.9 | -1.6% | Diesel-HSFO Spread, USD/ton | 216.7 | 2.1% | Egypt Urea, USD/ton | 392.5 | -0.6% | Polyethylene, USD/ton | 940.0 | 0.0% | Polypropylene, USD/ton | 990.0 | -0.5% | LME Aluminum Cash Price, USD/ton | 2,396.3 | 2.9% | LME Copper Cash Price, USD/ton | 9,376.4 | 2.4% | Egyptian Retail Cement, EGP/ton | 3,527.0 | 0.1% | Steam Coal FOB Newcastle Australia, USD/ton | 93.8 | -1.4% | SMP, USD/MT | 2,795.0 | -2.8%

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Apr 29, 2025 6:09


China's Wu'an Xin Feng has kicked off construction on its planned USD1.7 bn integrated industrial complex in Ain Sokhna's Industrial Zone, the Suez Canal Economic Zone (SCZone) said in a statement. The two-phase complex being built by the company's Egyptian arm Xin Feng Egypt Steel will be completed over a five-year period and create 8k direct jobs.The Asian Infrastructure Investment Bank (AIIB) is putting together USD300 mn in budget support for Egypt, Planning and International Cooperation Minister Rania Al Mashat said. The agreement is expected to be finalized by June, Al Mashat said, adding that negotiations have been completed.Kuwait's Bukhamseen Holding plans to invest between EGP30-40 bn in Egypt over the coming two years, Asharq Business reports. The investment ticket, currently equivalent to USD590.0-786.6 mn at today's exchange rate, will go toward several sectors, with a focus on hospitality.Five Arab and foreign investment funds are negotiating with the Egyptian government to acquire strategic stakes in government hospitals and pharmaceutical companies that were recently listed as part of the IPO program, according to government sources. They added that Emirati and Saudi companies are the most interested in the Egyptian pharmaceutical market, and they expect the coming period to witness major acquisitions in this sector.Egypt's non-oil trade deficit narrowed by 27.7% y-o-y in 1Q 2025 to USD6.3 bn, according to a government document. This was supported by a 27% y-o-y rise in non-oil merchandise exports, reaching USD12.7 bn, up from USD10.0 bn.The overall state budget deficit decreased during 8M FY2024/25 to EGP879.3 billion, 5.1% of GDP, compared to EGP898 billion, equivalent to 6.5% of GDP, during the same period of the previous year. This was due to a 32.8% growth in general revenues to EGP1.442 trillion, compared to EGP1.086 trillion.The central bank sold USD984.9 mn in one-year USD-denominated t-bills yesterday at an average yield of 4.25%, surpassing its USD950.0 mn target, according to data on its website. The issuance will go toward refinancing an outstanding debt worth USD950 mn.TMGH is negotiating with the Iraqi government to develop an administrative project in Baghdad, with the project expected to cost over USD10.0 billion and cover a land area of 35.0 million sqm. The final agreement is expected to be reached by the beginning of 2026.OCDI reported annually solid 1Q25 revenue of EGP2.8 billion, up 50.0% y/y and down 20.5% q/q, and net profit of EGP950.7 million, up 143.7% y/y and down 40.3% q/q.CCAP expects ASEC Mining's (ASCOM) disclosed impairment, amounting to EGP320.5 million, will have a negative impact on CCAP's consolidated net profit on 31 December 2024 of c. EGP190.6 million. Noting that the impairment has been booked until the legal proceedings, which may result in the return of the pledged shares or their value, are completed. EFID plans to invest EGP1.0 billion in 2025 to expand its production capacity.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 66.9 | -1.6% | Diesel-HSFO Spread, USD/ton | 216.7 | 2.1% | Egypt Urea, USD/ton | 392.5 | -0.6% | Polyethylene, USD/ton | 940.0 | 0.0% | Polypropylene, USD/ton | 990.0 | -0.5% | LME Aluminum Cash Price, USD/ton | 2,396.3 | 2.9% | LME Copper Cash Price, USD/ton | 9,376.4 | 2.4% | Egyptian Retail Cement, EGP/ton | 3,527.0 | 0.1% | Steam Coal FOB Newcastle Australia, USD/ton | 93.8 | -1.4% | SMP, USD/MT | 2,795.0 | -2.8%

The EuroWhat? A Eurovision Podcast
Episode 264: Polyethylene

The EuroWhat? A Eurovision Podcast

Play Episode Listen Later Apr 15, 2025 45:16


Music journalist Fred Bronson returns to start our conversations about Eurovision 2025 Semi-Final 2. We discuss Montenegro, Luxembourg, Greece, Czechia, and Ireland, plus some delightful stories about long distance friendships and phone calls. Fred Bronson Fred Bronson is the author of seven books: Rockin' the Kremlin with David Junk, The Jacksons Legacy (with the Jacksons), Dick Clark's American Bandstand (with Dick Clark), The Sound of Music Family Scrapbook, The Billboard Book of Number One Hits, Billboard's Hottest Hot 100 Hits and The Billboard Book of Number One Rhythm & Blues Hits (with Adam White). Bronson has written the annual television specials The American Music Awards and Dick Clark's New Year's Rockin' Eve. His other credits include two episodes of Star Trek: The Next Generation and an episode of the animated Star Trek series. For SiriusXM Radio, he has interviewed Paul McCartney, Benny Andersson and Bjorn Ulvaeus from ABBA and created "Smokey's Place," a series for Smokey Robinson's Smokey's Soul Town channel where the legendary artist recalls his Motown memories and plays Motown favorites. He is a long-term contributor to Billboard, covering the Eurovision Song Contest and American Idol among many other topics. Polyethylene Summary Montenegro - Nina Žižić - "Dobrodošli" (3:48) Luxembourg - Laura Thorn - "La Poupée Monte Le Son" (10:54) Greece - Klavdia - "Asteromata" (22:34) Czechia - ADONXS - "Kiss Kiss Goodbye" (28:37) Ireland - EMMY - "Laika Party" (34:41) Final Thoughts (41:38) Subscribe The EuroWhat? Podcast is available wherever you get your podcasts. Find your podcast app to subscribe here (https://www.eurowhat.com/subscribe). Comments, questions, and episode topic suggestions are always welcome. You can shoot us an email (mailto:eurowhatpodcast@gmail.com) or reach out on Bluesky @eurowhat.bsky.social (https://bsky.app/profile/eurowhat.bsky.social). Basel 2025 Keep up with Eurovision selection season on our Basel 2025 page (https://www.eurowhat.com/2025-basel)! We have a calendar with links to livestreams, details about entries as their selected, plus our Spotify playlists with every song we can find that is trying to get the Eurovision stage. Join the EuroWhat AV Club! If you would like to help financially support the show, we are hosting the EuroWhat AV Club over on Patreon! We have a slew of bonus episodes with deep dives on Eurovision-adjacent topics. Special Guest: Fred Bronson.

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Feb 10, 2025 5:25


The National Wages Council decided to raise the minimum wage for private sector workers to EGP7k a month, up from EGP6k, starting March. The Council also set the value of the bonus granted to employees at no less than 3% of their social insurance wage with a floor of EGP250 per month.Hong Kong-listed United Energy Group (UEG) inked a sale and purchase agreement to fully acquire Apex's upstream oil and gas exploration and production operations in Egypt for an undisclosed sum.A consortium of Infinity Power, Hassan Allam Utilities, and the UAE's Masdar secured a 20 sq km land plot in New Valley Governorate's Dakhla Oasis for their 900 MW solar power plant and its accompanying battery storage.South Sinai is looking to pull in EGP500-600 billion in industrial investments. Both foreign and local investors will be offered plots to encourage investment.The Investment Authority is close to issuing a comprehensive decision which includes updating the financial and accounting standards and procedures for companies evaluation, including mergers, divisions, and amending the companies' financial structures, and updating the methods of evaluating in-kind shares.The Egyptian government is close to concluding negotiations with the European Union and the European Bank for Reconstruction and Development (EBRD) to obtain financing of up to EUR200 million to launch a new power line,  to transmit electricity produced from wind energy projects in Gebel El Zeit, which will take a year to implement.ADIB (FV: EGP85.00, OW) recorded a strong 4Q24 consolidated bottom line post minority of EGP2,207 million (-1% q/q, +97% y/y), bringing FY24 bottom line post minority to EGP9,009 million (+93% y/y and 6% higher than Al Ahly Pharos estimate). Board of Directors proposed to increase the bank's paid-in capital from EGP6 billion to EGP12 billion, through the distribution of one share for each original share before the increase, deducted from FY24 net profit. The bank is currently trading at P/E25 2.4x.OCDI reported strong FY24 sales of EGP50.3 billion, up 66.2% y/y, implying 4Q24 sales of EGP10.5 billion, up 0.5% y/y and down 63.5% q/q. Sales performance in FY24 was driven by the launch of Ogami on the North Coast, which contributed sales of EGP24.5 billion. OCDI plans to open five new hotels offering a total of 550 rooms, is studying acquiring land plots of no less than 300 feddans in East and West Cairo, and is looking into expanding into education.U.S. President said that he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties.Egypt steel production increased 12.3% YoY to 9.04 million tons in 2024, while steel sales inched up 6.1% YoY to 7.0 million tons throughout the year. Egyptian cement manufacturers received export orders of 1 million tons this month, driven by the reconstruction of neighboring countries, primarily Libya, Syria, and Iraq. Libyan market captures more than 50% of the received orders. Badr City's medical city Capital Med is planning to make its EGX debut through a direct listing in 1H25. The company will then move forward with a capital increase to fund the construction of the new phase of the medical city. Al Ahly Pharos will act as the financial advisor and offering manager for the listing.The Suez Canal Economic Zone signed a contract with ETRS and Nafith International to develop a smart truck yard in West Port Said Port at an investment cost of EGP250 million.Weekly Commodities UpdateLast Price | WoW Change, % Brent, USD/bbl | 74.7 | -2.7% Diesel-HSFO Spread, USD/ton | 259.2 | -1.6% Egypt Urea, USD/ton | 447.5 | 3.2% Polyethylene, USD/ton | 940.0 | 0.0% Polypropylene, USD/ton | 957.5 | 0.0%Iron Ore 65%, USD/ton | 123.3Steel/Iron Ore Spreads, USD/ton | 375.0 | -1

Dr. Baliga's Internal Medicine Podcasts
Micro and Nanoplastics in the Brain and Atheromas !!!!!

Dr. Baliga's Internal Medicine Podcasts

Play Episode Listen Later Feb 6, 2025 2:04


1. “Bioaccumulation of Microplastics in Decedent Human Brains” (Nature Medicine, 2024)   This study confirms the presence of microplastics and nanoplastics (MNPs) in human brain tissue, particularly the frontal cortex. Researchers used pyrolysis gas chromatography-mass spectrometry (Py-GC/MS) and electron microscopy to analyze postmortem samples, finding polyethylene (PE) as the dominant plastic type. Brain tissue exhibited significantly higher plastic concentrations than the liver or kidney, with even greater MNP accumulation in individuals diagnosed with dementia. The findings raise concerns about potential neuroinflammation and long-term neurological effects, though causality remains unproven.   2. “Microplastics and Nanoplastics in Atheromas and Cardiovascular Events” (New England Journal of Medicine, 2024)   This study investigates the presence of microplastics in atherosclerotic plaques and their potential role in cardiovascular disease. Analyzing carotid artery plaques from patients undergoing endarterectomy, researchers found polyethylene (PE) and polyvinyl chloride (PVC) in 58.4% of plaques. Patients with MNP-containing plaques had a 4.53 times higher risk of heart attack, stroke, or death over a three-year follow-up. The study also linked MNP presence to elevated inflammatory markers (IL-18, IL-1β, TNF-α, IL-6), suggesting that microplastics might exacerbate cardiovascular disease progression.

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Feb 3, 2025 5:05


Kuwait's Bukhamseen Group is looking into establishing a USD125 million hotel in Egypt as part of its plan to expand its presence in the Egyptian market.The Kuwaiti Jazeera Airways is interested in expanding its presence in the local market, boosting investments in airport development and mulling a mass transit project.Aref Investment Group is looking to expand its investments in Egypt in the fields of education, healthcare, manufacturing, and logistics.Al Mulla Group is in talks with the Japanese Mitsubishi to localize the manufacture of its vehicles in Egypt. The group is also mulling expanding its investments in the education and financial services sectors.Prime Minister met with the Emirati minister of industry and investment to review progress on joint projects, including the industrial projects being set up in Ras El Hekma. The discussion also covered the latest on joint energy, data centers, and renewable energy projects, and airport management.Two Chinese phone companies intend to expand in the local market by manufacturing their products in Egypt during the second half of this year, according to local press.Electronics and mobile accessories manufacturer Ugreen, in collaboration with Blooms Group, has officially launched in Egypt with a USD5 million investment. The company will offer a range of power banks and audio devices, with more devices to be introduced later this year.Food industry exports hit their highest level in 2024 at USD6.1 billion, up 21% YoY.Canada has responded to Trump with a first round of 25% tariffs on imports worth some USD107 billion, including USD20 billion worth of goods that will be impacted starting Tuesday. The EU also responded to Trump's statements that it would be “absolutely” facing tariffs “pretty soon,” saying that the bloc “would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods.”BTFH reported a net income of EGP1.7 billion in 2024, marking a 4.6x y-o-y increase. Consolidated revenues rising 4x year-on-year to EGP7.2 billion. Also, EGA approved an increase in the company's paid in capital from EGP10.9 bn to EGP21.8 bn through rights issue.MCQE denied in an official statement what was reported about negotiations being held up with a Kuwaiti entity to buy a stake in the company for USD1 per share.SVCE has not received any Emirati offers for its stake in Building Materials Industry Company (BMIC). The announcement follows a report from local media claiming that an unnamed Emirati company had submitted an offer to acquire a controlling stake in BMIC in exchange for settling its EGP4 billion outstanding debt.The Oil Ministry increased natural gas supplies allocated for the industrial sector by 10% in 1H25. Export-orientated industries are prioritized for receiving gas supplies.Local pharma sales climbed 42% YoY in 2024 to EGP292 billion. The increase came on the back of price rises that began picking up in the second half of the year. Prices are likely to remain stable for the time being in 2025 as long as the EGP/USD exchange rate is stable.RMDA achieved strong sales in December 2024, pushing total 2024 sales up by 46% YoY.Weekly Commodities UpdateLast Price | WoW Change, %Brent, USD/bbl | 76.8 | -2.2% Diesel-HSFO Spread, USD/ton | 263.3 | -2.7% Egypt Urea, USD/ton | 433.5 | 0.6% Polyethylene, USD/ton | 940.0 | 0.0% Polypropylene, USD/ton | 957.5 | Iron Ore 65%, USD/ton | 123.3 | 0.0%Steel/Iron Ore Spreads, USD/ton | 377.5 | 3.0%LME Aluminum Cash Price, USD/ton | 2,592.2 | -1.6%Egyptian Retail Cement, EGP/ton | 3,012.0 | 2.0% Steam Coal FOB Newcastle Australia, USD/ton | 115.5 | -0.7% SMP, USD/MT | 2,729.0 | 0.0%

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jan 20, 2025 3:34


The General Authority for Investment and Freezones is looking into setting up a freezone in Minya that would house textile projects from a Chinese investment alliance that is eyeing USD1.5 billion in initial investments.The Finance Ministry will launch an electronic tax system for clearing investors' receivables and debts next month.Net foreign assets of the CBE were almost flat at EGP592.469 billion (c. USD11.7 billion) by the end of December 2024.The FRA issued a decree determining the minimum capital for insurance companies. The Authority obligates insurance companies to raise the minimum issued and paid-up capital in two stages over two years to reach EGP400 million in the first stage within one year, and in the second stage to EGP600 million by the end of the second year.NTRA is set to launch WiFi calling services in Egypt today. The new service will enable mobile phone users to make high-quality voice calls over internet connections, rather than via mobile networks.ESRS general assembly approved the issuance of corporate guarantees in favor of subsidiaries, sister companies, and related companies at a maximum of USD500 million or EGP equivalent. According to local media, HELI plans to develop a project on 25 feddans in New Heliopolis, with expected investment of EGP1.8-2.0 billion. The project is expected to generate sales of EGP4.0 billion.Social Impact Capital (SIC) will soon have increased its stake from 51.2% to 88.7% in CIRA. The additional 37.5% stake will officially transfer to SIC upon the completion of the Mandatory Tender Offer.Organi Group targets establishing a USD100 million chlorine pellets factory that will mark the Middle East's first facility producing the swimming pool cleaner when it starts operations in 2025. The General Petroleum Company plans to drill 41 new oil and gas wells and repair or recomplete 39 others as part of its FY25/26 investment budget.MICH posted EGP314 million in 1H24/25 net profit, a 12% YoY growth, supported by a 14% YoY growth in revenue to EGP528 million in 1H24/25.Alamal Alsharif Plastics is expected to make its EGX debut through a direct listing in 2Q25. The listing will reportedly see the government-owned National Investment Bank divest its entire 29.5% stake in the company.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 80.8 | 1.30% | Diesel-HSFO Spread, USD/ton | 302 | 8.60% | Egypt Urea, USD/ton | 431 | 1.70% | Polyethylene, USD/ton | 940 | 0.00% | Polypropylene, USD/ton | 953 | 0.00% | Iron Ore 65%, USD/ton | 122 | 1.10% | Steel/Iron Ore Spreads, USD/ton | 370 | -1.00% | LME Copper Cash Price, USD/ton | 9,082 | 1.00% | LME Aluminum Cash Price, USD/ton | 2,674 | 4.50% | Egyptia Retail Cement, EGP/ton | 2,847 | 0.00% | Steam Coal FOB Newcastle Australia, USD/ton | 117 | 3.30% | SMP, USD/MT | 2,682 | 0.00% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Dec 9, 2024 7:31


Egypt is in talks with the International Monetary Fund to extend timelines for key reforms under its economic reform program, a senior government official said. The official expects Egypt to be placed on the IMF Executive Board's agenda before the Christmas holidays for the amendments to be given the final greenlight.The average yield on three-month EGP-denominated t-bills rose to 31.419% in Sunday's auction by the Central Bank of Egypt, up 0.219 percentage points since the same bills last went to auction. Net foreign reserves remained flat at USD47.0 billion at the end of November 2024.Chinese luggage manufacturer Hangzhou Henneway Travel Goods kicked off construction on its USD50 million factory in the Suez Canal Economic Zone's (SCZone) Qantara West Industrial Zone.CBE data revealed that Egypt paid USD1.3 billion in repo agreements (repurchase international bonds) worth USD1.3 billion last month.The trade deficit recorded USD31.275 billion during the first 10 months of 2024, an increase of 1% compared to a deficit of USD31.025 billion in the same period last year.United Bank's shares will debut on the EGX tomorrow under the ticker UBEE, following the close of its heavily oversubscribed retail and private offerings that put the company's share price at EGP13.85.ESRS Board of Directors agreed to begin procedures for delisting its shares from the EGX, pending the general assembly's approval. Saudi cable manufacturer Al Mousa Cables is set to establish its first EUR50 million cable production factory in Egypt, according to local media. We updated our FV for EAST to EGP48.11/share, maintaining our Overweight recommendation. EAST is currently trading at FY24/25 P/E of 6.3x and EV/EBITDA of 5.5x.CLHO reported positive 3Q24 results with 3Q24 attributable net profit amounted to EGP207 million, up 45% QoQ and 73% YoY, yielding a NPM of 14.2%. On a YTD basis, 9M24 attributable net profit came in at EGP532 million (+71% YoY) yielding a NPM of 13.9% (+1.61pps YoY). CLHO is currently trading at FY25 multiples of P/E 14.2x and EV/EBITDA of 7.0x.According to AMIC, auto sales increased by 7.3% YoY and 1.1% MoM in October to record 9.6kvehicles up from 9.0k vehicles during October 2023 and 9.5k vehicles in September 2024. Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 71.1 | -2.5% | Diesel-HSFO Spread, USD/ton | 229.3 | -3.8% | Egypt Urea, USD/ton | 364.0 | 2.8% | Polyethylene, USD/ton | 950.0 | 0.0% | Polypropylene, USD/ton | 960.0 | 0.0% | Iron Ore 65%, USD/ton | 123.6 | -0.2% | Steel/Iron Ore Spreads, USD/ton | 377.1 | -1.0% | LME Aluminum Cash Price, USD/ton | 2,569.8 | -0.3% | LME Copper Cash Price, USD/ton | 9,011.9 | 1.4% | Egyptian Retail Cement, EGP/ton | 2,847.0 | 0.0% | Steam Coal FOB Newcastle Australia, USD/ton | 133.3 | -5.8% | SMP, USD/MT | 2,848.0 | -1.2%

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Nov 25, 2024 3:08


Imported mobile phones could be subject to customs and tax fees totaling 37.5%, as part of incoming government regulations to support the country's mobile phone manufacturing localization efforts.Prime Minister is gearing up to announce “positive news” regarding the airport privatization plan developed with the International Finance Corporation (IFC).Infinity Power, UAE's Masdar, and Hassan Allam Utilities will soon launch a tender for a contractor to carry out their combined 1.2 GW solar projects planned for the Dahkla Oasis and Benban plant in Upper Egypt.The Ministry of Petroleum intends to launch an international bid for gold exploration in areas in the Eastern Desert.The CBE balances at the International Monetary Fund rose to EGP31.172 billion at the end of October, compared to EGP18.243 billion at the end of September 2024.The Egyptian government expects the World Bank to respond in 1Q25 to its request for new financing worth USD250 million in order to implement the state ownership policy.Jade Textile Company, a subsidiary of the Turkish Yeshim Group in Egypt, is implementing investment expansions in its factories in Cairo, Ismailia, and Alexandria, with a total investment of USD180 million.ORAS reported a steady set of results for 3Q24. Net income attributable to shareholders came in at USD21.6 million (+34% YoY, +12% QoQ) in 3Q24. This brought 9M24 bottom line to USD87.0 million, down 24% YoY. ORAS is currently trading at FY25e PE of 5.3x and EV/EBITDA of 1.2x.United Bank private placement on the EGX will wrap up later today. The offering is reportedly already 3x oversubscribed with still one day left of the placement to go. Retail subscription is starting on Wednesday until 3 December.The IFC inked an agreement with COMI that will see it grant the bank some USD150 million in soft financing aimed at supporting COMI's efforts to promote micro and small and medium-sized enterprises.BTFH's platform NEBIT aims to penetrate non-traditional fertilizer activities and agricultural supplements. Catalyst Partners Middle East (CPME) made its EGX debut yesterday. The SPAC listed 1 million shares with a nominal value of EGP10/share. JUFO BoD has initially approved the merge of Elmasreya for Dairy Products Company, Eldawleya Modern Food Industries Company, Egyptian Food Industries Company - EGYFOOD, and Al Marwa Food Industries Company into JUFO based on the book value of these companies according to FY23 financials.Egypt's chemicals and fertilizers exports increased by 5% YoY to USD6.5 billion in 9M24. Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 75.2 | 5.80% | Diesel-HSFO Spread, USD/ton | 260 | 9.20% | Egypt Urea, USD/ton | 354 | 0.00% | Polyethylene, USD/ton | 975 | -0.50% | Polypropylene, USD/ton | 960 | -0.50% | Iron Ore 65%, USD/ton | 121 | 2.70% | Steel/Iron Ore Spreads, USD/ton | 389 | -4.00% | LME Copper Cash Price, USD/ton | 8,848 | -0.40% | LME Aluminum Cash Price, USD/ton | 2,597 | -1.20% | Egyptia Retail Cement, EGP/ton | 2,849 | 0.00% | Steam Coal FOB Newcastle Australia, USD/ton | 141 | -0.40% | SMP, USD/MT | 2,882 | 1.10% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Nov 11, 2024 4:31


Annual urban inflation came almost flat in October, registering 26.5% YoY, up from 26.4% YoY in September. Monthly urban inflation decelerated to 1.1% MoM in October from 2.1% MoM in September. The Central Bank of Egypt will auction USD1.5 billion in USD-denominated, one-year t-bills today.The government now only has USD1 billion in outstanding arrears to foreign oil and gas companies, after having cleared another USD1 billion in arrears last week.The Ministry of Finance intends to launch the central clearing system, which aims to settle the obligations and rights of taxpayers with the government starting 2025.ORHD's (FV: EGP26.26, OW) net profit in 3Q24 reached EGP1.2 billion, up 25.7% y/y and down 36.9% q/q, bringing 9M24 net profit up 1.9% y/y to EGP1.8 billion.ADIB (FV: EGP80.00, OW) recorded a strong 3Q24 consolidated bottom line post minority of EGP2,228 million (-9% q/q, +61% y/y), bringing 9M24 bottom line post minority to EGP6,802 million (+91% y/y). The bank is currently trading at 0.8x P/B25 and 2.8x P/E25.ADIB's BoD approved obtaining a subordinated loan of USD66.9 million from the main shareholder ADIB-UAE. The financing is to support the growth and expansion plan, with a tenor of 7 years.CICH began promoting the IPO of 30% of United Bank's shares in Saudi Arabia, Dubai, London, and South Africa this week.CNFN is continuing its regional expansion plans in the MENA region and aims to reach Europe in the future.ABUK released 1Q24/25 financial indicators. Net profit declined 35% YoY (-4% QoQ) to EGP1.28 billion. ABUK is currently trading at FY24/25f PE of 4.7x and EV/EBITDA of 4.1x. CCAP Chairman, Ahmed Heikal, announced that there is no intention currently to float ERC's shares on the EGX.The Egyptian Competition Authority approved requests from ADQ to acquire 25% of EDC, 30% of Ethydco, and 35% of ELAB.The Egyptian Railway Authority of the Ministry of Transportation will bid for the development and renovation of the USD285 million Robeiky-Tenth of Ramadan-Belbeis freight and passenger railway line next month. The three main qualified consortiums include Spanish Talis - ORAS, France's Alstom - Rowad Modern Engineering, and Italy's Mermec - Egypt's Hazeq. SCEM posted its consolidated results for 3Q24, recording a surge in net attributable income to EGP2.1 billion, reversing comparative quarter losses of EGP41.7 million, and up 16% compared to the previous quarter. This brought 9M24 earnings to EGP2.7 billion reversing comparative period losses of EGP121.4 million. It is worth highlighting that the bottom line included EGP1.5 billion as gain from sale of investments. Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 73.9 | 1.1% | Diesel-HSFO Spread, USD/ton | 225 | -5.7% | Egypt Urea, USD/ton | 406 | 0.0% | Polyethylene, USD/ton | 980 | 0.0% | Polypropylene, USD/ton | 965 | 0.0% | Iron Ore 65%, USD/ton | 124 | 2.4% | Steel/Iron Ore Spreads, USD/ton | 401 | -2.0% | LME Copper Cash Price, USD/ton | 9,302 | -1.5% | LME Aluminum Cash Price, USD/ton | 2,584 | 0.5% | Egyptia Retail Cement, EGP/ton | 2,848 | 0.5% | Steam Coal FOB Newcastle Australia, USD/ton | 143 | -0.4% | SMP, USD/MT | 2,850 | 3.8% | Last price may vary week over week in some indices due to time difference

Head Full Of Radio
092 - Polyethylene (Parts 1 & 2) (Paranoid Android Single)

Head Full Of Radio

Play Episode Listen Later Oct 22, 2024 16:50


Send us a textWe've finally hit the "Go" moment of the show! "I can't recycle any of the polyethylene packaging that fills my house. Why?"  - Thom

Huberman Lab
The Effects of Microplastics on Your Health & How to Reduce Them

Huberman Lab

Play Episode Listen Later Oct 21, 2024 96:53


In this episode, I explain what microplastics are, their prevalence in the human body and environment, and their common sources, as well as their potential negative health impacts. I provide practical strategies for limiting exposure to microplastics, nanoplastics, and endocrine disruptors such as bisphenol-A (BPA), bisphenol-S (BPS), phthalates, and PFAS ("forever chemicals"). Additionally, I discuss methods to enhance the body's detoxification and excretion of microplastics. By the end of this episode, you will have a clear understanding of the modern science of microplastics and their impact on human biology, along with actionable steps to minimize exposure and accumulation in the brain and body. Access the full show notes for this episide at hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman LMNT: https://drinklmnt.com/huberman BetterHelp: https://betterhelp.com/huberman Function: https://functionhealth.com/huberman Eight Sleep: https://eightsleep.com/huberman  Timestamps 00:00:00 Microplastics 00:02:46 Sponsors: LMNT & BetterHelp 00:05:40 Microplastics & Nanoplastics; Ingestion 00:09:38 Microplastics in Human Tissues; Pregnancy, Young Kids, BPA 00:19:21 Tools: Plastic Water Bottles; Water Filters; Alternative Water Bottles 00:26:57 Tool: Sea Salt 00:29:10 Sponsor: AG1 00:30:40 Tool: Canned Soup; BPA, BPS, Phthalates 00:34:55 Tools: Plastic Containers & Microwave; Paper Cups & Hot Liquids 00:37:34 Measurement Tools & Advancements 00:41:29 Nanoparticles & Tissues; Irritable Bowel Syndrome (IBS) 00:45:27 Testosterone, Phthalates, BPA & BPS; Women; Men & Sperm Health 00:52:17 Sponsors: Function & Eight Sleep 00:55:25 Polyethylene & Plaques; PFAS “Forever Chemicals”; Microplastic Excretion 01:00:02 Liver-Controlled Detoxification; Tool: Cruciferous Vegetables, Sulforaphane 01:08:32 Tools: Fiber Intake, Non-Stick Pans, Carbonated Water; Microplastics & Cancer 01:15:05 Tool: Sweating & Toxin Removal 01:18:21 Tools: Packaged Foods; Clothing Overconsumption & Laundry 01:25:11 Tools: Microwave Popcorn, Toothpastes 01:27:47 Developing Brain & Microplastics, ADHD, Autism 01:32:19 Tool: Receipts & BPAs; Minimizing Microplastic Exposure 01:34:23 Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Protocols Book, Social Media, Neural Network Newsletter Disclaimer & Disclosures

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Oct 21, 2024 3:04


 President Abdel Fattah El Sisi pointed to the economic pressures the nation is enduring as the country undergoes reforms as part of its loan agreement with the IMF. “If this challenge forces me to place unbearable pressure on the public, we must review the situation with the IMF,” El Sisi said.Finance ministers, central bank governors, and other big names in the worlds of finance and policy are in Washington DC for the International Monetary Fund and World Bank Group Annual Meetings that run until Saturday.Japanese real estate mogul and Titan Capital owner Kanazawa Kiyokyo is considering moving a portion of his USD8 billion in investments to the Egyptian market, he said during a meeting with the Housing Minister.The Housing Ministry has published new income limits for low- and middle-income citizens wishing to apply for subsidized housing under the new offering by Social Housing and Mortgage Finance Support Fund.The cost of the interest subsidy initiative for tourism company loans is estimated at EGP3.5 billion annually, government sources said.Helios Investment Partners fund plans to invest about USD250 million in Egypt during the coming period.The Egyptian government intends to reduce the cap on car imports by about 20% starting this month to 8,000 cars per month instead of the 10,000 cars set last June.The Egyptian arm of Polish grain silo company Feerum has reportedly pulled out of an agreement to set up a factory to manufacture grain silos with with Egyptian construction and engineering firm Samcrete and the state-owned Egyptian Holding Company for Silos and Storage.The government reportedly plans to launch a tender to purchase 20 LNG cargoes during 1Q25. DOMT BoD has given the greenlight for Arla Foods to begin its due diligence process. According to local media, DOMT has invested EGP150 million this year to expand its bakery business and seize new export opportunities. The company plans to invest another EGP200 million in 2025 to purchase a new plot of land for expansion and to increase its production capacity.Moroccan Ministry of Industry and Trade announced yesterday the start of an investigation to combat dumping imports of CR steel that are coming from Egypt, after a complaint submitted by the sole flat steel producer Maghreb Steel, claiming that Egyptian imports are sold in the Moroccan market at unfair prices.RAYA gave the preliminary greenlight to Helios Investment Partners' acquisition bid to acquire 49% of Raya Foods for USD40 million.RAYA's automotive unit Raya Auto plans to invest over EGP300 million in EVs over the next three years.Weekly Commodities Update  |   | Last Price | WoW Change, % | Brent, USD/bbl | 73.1 | -7.6% | Diesel-HSFO Spread, USD/ton | 184 | -18.0% | Egypt Urea, USD/ton | 406 | 0.0% | Polyethylene, USD/ton | 980 | 0.0% | Polypropylene, USD/ton | 970 | 2.7% | Iron Ore 65%, USD/ton | 118 | -6.5% | Steel/Iron Ore Spreads, USD/ton | 419 | 1.0% | LME Copper Cash Price, USD/ton | 9,503 | -1.5% | LME Aluminum Cash Price, USD/ton | 2,579 | -1.3% | Egyptia Retail Cement, EGP/ton | 2,763 | 0.0% | Steam Coal FOB Newcastle Australia, USD/ton | 145 | -0.9% | SMP, USD/MT | 2,745 | -1.8% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Oct 14, 2024 2:58


The Financial Regulatory Authority has suspended issuing new licenses for companies seeking to operate in consumer finance or microfinance for one year. Egypt is looking to boost its natural gas production by 30% to 6 bn cubic feet of gas per day by the end of 2025.Kuwait is reportedly mulling converting its deposits in the CBE - USD4 billion - into direct investments. Egypt stands to save between USD300-400 million thanks to the IMF reducing surcharges, a government source said.The Transport Ministry and Saudi Arabia's Transport General Authority inked an MoU to bolster cooperation in maritime connectivity.Planning and International Cooperation Minister and EU Ambassador to Cairo signed a EUR7 million comprehensive technical support package to support Egypt's green transition.The Ministry of Supply has set USD240 as the maximum import price for a ton of wheat, following the announcement by the Russian Ministry of Agriculture of raising duties on wheat exports by about 41% to reach the equivalent of USD19.57 per ton.Bell International Company plans to pump new investments into Egypt worth USD150 million over the next two years to add new production lines.MFPC sent a release with reference to news of the company competing for the development of Delta Fertilizers Company with investments of USD450 million. MFPC declared that it has received an invitation to contribute in the partnership, and the matter is still under review. Egypt Gas announced that the latest deal signed by its 41%-owned subsidiary, Town Gas, for natural gas connection and installations to households in Romania will not affect the company's revenues during the current year.GB Capital for Financial Investments, the financial arm of GBCO, has obtained the Promoting and Underwriting license to expand its service offering into debt capital markets and related activities.According to local media, an official from GBCO denied the news mentioned yesterday about the company's intention of becoming an investment bank. HRHO has completed its fourth issue of securitization bonds worth EGP1.4 billion for Bedaya. Also, ValU is preparing to issue securitization bonds worth EGP1.5 billion as part of its current program worth EGP16 billion.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 79.0 | 1.3% | Diesel-HSFO Spread, USD/ton | 225 | -6.5% | Egypt Urea, USD/ton | 406 | 5.5% | Polyethylene, USD/ton | 980 | 0.0% | Polypropylene, USD/ton | 945 | 0.0% | Iron Ore 65%, USD/ton | 123 | -3.6% | Steel/Iron Ore Spreads, USD/ton | 421 | 3.0% | LME Copper Cash Price, USD/ton | 9,651 | -1.5% | LME Aluminum Cash Price, USD/ton | 2,614 | -1.1% | Egyptia Retail Cement, EGP/ton | 2,762 | 0.8% | Steam Coal FOB Newcastle Australia, USD/ton | 147 | -1.0% | SMP, USD/MT | 2,795 | 0.0% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Oct 7, 2024 3:50


Ras El Hekma is reportedly expected to reach total investments worth USD110 billion by 2045, with a yearly GDP contribution of USD25 billion, and create around 750k direct and indirect jobs.Egypt's GDP growth rate was 2.4% in the fourth quarter of the 2023/24 year, bringing the annual growth rate to 2.4%, down from 3.8% a year earlier.Net International Reserves reached USD46.74 billion at the end of September 2024, up from USD46.6 billion in August, on higher value of gold component.Suez Canal navigation statistics recorded a 49% decrease in the number of ships passing through the Canal since the beginning of this year.Egypt is set to secure USD2.9 billion in financing to support the state budget and enhance structural reforms from a number of development partners.The government is stepping up efforts to be relisted on JPMorgan's emerging-market sovereign bond indices.The government is planning an Egyptian-British investment conference to attract new British investments.The General Authority for Investment and Freezones (GAFI) will set up four new freezones and have two others go live next year.The MPs will discuss and vote on amendments to the law regulating the Sovereign Fund Egypt, which gives the Prime Minister the responsibility of assigning out the minister in charge of the fund — the responsibility currently falls to the Planning Minister.Egypt received USD21.3 million from the World Bank's USD200 million loan to combat pollution and climate change.Egypt increased its wheat imports during 9M24 by c.30% YoY, reaching 10.8 million tons capitalizing on relatively lower prices.ADQ has chosen portfolio company Modon Holding to be the master developer on its landmark USD35 billion Ras El Hekma project on the North Coast. Modon inked several agreements with local, regional, and international players at the event to help get the project off the ground, including a framework agreement with ORAS (FV: EGP344.18, OW) for it to be a key contractor for the project's first phase, and an MoU with SWDY (FV: EGP45.69, EW) to look into supplying building materials and collaborating on industrial park development, operations, and maintenance.Modon inked several agreements with local, regional, and international players including a memorandum of understanding with TAQA to explore cooperation on greenfield utilities, water desalination, and electricity projects.ESRS (FV: EGP120.21, EW) reduced its local rebar price by EGP2.5k/ton to EGP38.2k/ton, inclusive of 14% VAT, as of today.POUL (FV: EGP12.76, OW) is to distribute a cash dividend for FY23 of EGP0.847/share on 24 October 2024, for shareholders on record on 21 October 2024. This implies a dividend yield of 7.9% and a payout ratio of 28.0%. The National Bank of Egypt plans to open its inaugural branch in Riyadh before the end of the year.Post for Investment and private insurance provider AXA Egypt inked a strategic partnership agreement to launch Egypt's first micro insurance company.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 78.1 | 8.40% | Diesel-HSFO Spread, USD/ton | 241 | -4.10% | Egypt Urea, USD/ton | 385 | 4.10% | Polyethylene, USD/ton | 980 | -1.00% | Polypropylene, USD/ton | 945 | -0.50% | Iron Ore 65%, USD/ton | 123 | 0.00% | Steel/Iron Ore Spreads, USD/ton | 416 | 4.00% | LME Copper Cash Price, USD/ton | 9,796 | -0.50% | LME Aluminum Cash Price, USD/ton | 2,642 | 0.40% | Egyptia Retail Cement, EGP/ton | 2,739 | -0.60% | Steam Coal FOB Newcastle Australia, USD/ton | 140 | 0.20% | SMP, USD/MT | 2,795 | -0.50% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Sep 30, 2024 2:54


Ongoing geopolitical tension in the region has had a dire impact on Suez Canal revenues, which have seen a 50-60% drop — equivalent to USD6 billion — over the past 7-8 months, President El Sisi said.The government is currently in talks with foreign partners over a new set of incentives for the oil and gas industry that aim to boost oil and gas production and reduce the growing gap between energy supply and demand.The Madbouly government will soon launch an international tender for the EUR350 million expansion of the Gabal El Asfar water treatment plant.Egypt's merchandise exports recorded USD27.21 billion during 8M24, compared to USD24.67 billion during the same period last year.SWDY- Movyon Italy consortium agreed with the Transport Ministry to finalize executing the intelligent transport system over seven main roads, with investments that could reach EGP8 billion, by mid 2026, according to local media. Four consortiums have submitted bids to renovate the USD285 million Robeiky-Tenth of Ramadan-Belbeis freight and passenger railway line, according to local media. The bidders include a consortium of CBS Group subsidiary GTS and ORAS (FV: EGP344.18, OW).ABUK will distribute cash dividends of EGP7.5/share over three installments.ABUK's BoD has preliminarily agreed to study investment in the rehabilitation project of Delta Fertilizers factories.The Central Bank's digital payment platform InstaPay will roll out new features allowing users to make purchases at points of sale and on e-commerce platforms before the end of the year.ValU signed an agreement with ShipBlu and PayTabs Egypt to enable customers to pay for their online purchases delivered by ShipBlu using their ValU account balance.According to local media, TMGH (FV: EGP75.00, OW) and Huawei signed an agreement to cooperate in building advanced cloud technology supported by artificial intelligence in the Noor project.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 72.0 | -3.4% | Diesel-HSFO Spread, USD/ton | 251 | -3.7% | Egypt Urea, USD/ton | 366 | 0.0% | Polyethylene, USD/ton | 990 | 0.0% | Polypropylene, USD/ton | 950 | 0.0% | Iron Ore 65%, USD/ton | 117 | 2.9% | Steel/Iron Ore Spreads, USD/ton | 410 | -1.0% | LME Copper Cash Price, USD/ton | 9,847 | 5.4% | LME Aluminum Cash Price, USD/ton | 2,630 | 6.8% | Egyptia Retail Cement, EGP/ton | 2,756 | -0.1% | Steam Coal FOB Newcastle Australia, USD/ton | 140 | 0.2% | SMP, USD/MT | 2,809 | 0.0% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Sep 23, 2024 3:36


The Suez Canal Economic Zone is looking to global investors to set up a wind turbine blades production factory, which would be the first of its kind in the region.The Madbouly government is reportedly planning to increase its imports of Israeli gas by 20% to 1.2 bn cf a day starting next month.Suez Canal Economic Zone Chief Walid Gamal El Din laid the foundation stone for the Kemedi Chemical Company's new USD30 million chemical manufacturing in the TEDA industrial zone in Ain Sokhna, according to a SCZone statement.NTRA is reportedly looking into implementing new regulations and technical requirements for the import of wireless communication devices following the pager and hand-held radio explosions that took place in Beirut last week.Egypt faces a financing gap estimated at about USD10 billion in the current fiscal year 2024-2025 and is working to bridge it primarily through issuing international sukuk and bonds.The head of the Egyptian Customs Authority said that USD880 million were transferred so far under the expat cars initiative.The CBE will offer a stake of United Bank's shares on the bourse, with the initial public offering set to take place before the end of 1Q25. The assets of banks operating in the market increased in local currency by 36.1% during the first half of this year, reaching EGP19.33 trillion. Banks' lending and discount balances increased by EGP1.7 trillion in six months, recording EGP7.2 trillion last June, up from EGP5.46 trillion at the end of 2023.BTFH subsidiary Beltone Leasing and Factoring inked a EGP400 million leasing and factoring agreement with Madkour Group.According to local media, TMGH (FV: EGP75.00, OW) subsidiary Orion Facilities Management Services intends to set up a consumer finance firm in 2025, with Orion owning a minority stake in the new firm and an unidentified financial institution holding a majority stake.AMOC decided to distribute EGP0.75/share in cash dividends distributed over two installments. This implies a dividend yield of 8.4%. EGCH sent a release in reference to what was raised on social media regarding the impact of the company's factories on the environment in Aswan. The company announced that is has absolutely no relation to the current events in Aswan related to the pollution of drinking water. ETEL replied to yesterday's circulated news (regarding the government looking to sell an additional 10% of its stake in ETEL) in a release noting that the company did not receive any information on that matter.Fintech player MID Takseet customers can pay their installments through Basata's payment network, under a newly-announced strategic partnership between the two companies.The Transport Ministry is set to transfer two marine terminals at the Sokhna Port to Emirati shipping and logistics giant Abu Dhabi Ports before the end of 1Q25 for the development of their superstructure.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 74.5 | 4.00% | Diesel-HSFO Spread, USD/ton | 261 | 0.50% | Egypt Urea, USD/ton | 366 | 2.40% | Polyethylene, USD/ton | 990 | -1.00% | Polypropylene, USD/ton | 950 | -1.10% | Iron Ore 65%, USD/ton | 115 | -0.20% | Steel/Iron Ore Spreads, USD/ton | 413 | 1.00% | LME Copper Cash Price, USD/ton | 9,347 | 1.70% | LME Aluminum Cash Price, USD/ton | 2,464 | 0.30% | Egyptia Retail Cement, EGP/ton | 2,759 | -0.60% | Steam Coal FOB Newcastle Australia, USD/ton | 140 | 1.20% | SMP, USD/MT | 2,809 | 2.00% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Sep 9, 2024 3:39


Egypt and Cyprus have begun serious steps to reach an agreement to build a 90-km marine natural gas pipeline to connect the two countries. A consortium made up of SPE Capital-run equity fund SPE PEF III, European Bank for Reconstruction and Development, local private equity firm Tanmiya Capital Ventures, and the UK government's British International Investment, inked an agreement to fully acquire local microfinance provider, Tamweely, from its current state-owned shareholders in a transaction worth EGP2.8 billion.Saudi renewable energy developer ACWA Power expects to complete the first USD4 billion portion of its green hydrogen project in the Suez Canal Economic Zone by 4Q28.The Urban Development Fund received eight offers from foreign and Egyptian investors to develop two projects in Kafr El-Sheikh and Mahalla El-Kubra in partnership with a total investment of EGP55 billion.New tax incentives are set to be announced within the coming days.Egypt's trade deficit decreased 5.1% y/y to USD2.9 billion in June 2024.Car imports grew about 46.9% y/y to USD1.2 billion in 1H24.MASR (FV: EGP5.24, OW) launched Butterfly, its project in Mostakbal City. The project is expected to generate sales of EGP64.0 billion.According to local media, TMGH (FV: EGP75.00, OW) opened the first phase of its sports club in Celia in the New Administrative Capital.Egypt's ITIDA, ETEL, and China's Tsinghua Unigroup are collaborating to set a USD300 million fund that will focus on AI and semiconductor development, along with establishing a data center and research facilities, according to local press.Egypt Post plans to establish a digital bank in collaboration with financial and technical partners, according to local press.Alpha Oryx Limited is preparing to acquire 35% of Egyptian Linear Alkyl Benzene (ELAB), 30% of Ethydco, and 25% of the Egyptian Drilling Company (EDC).Meds shortages are set to be completely over by the end of September, according to the Head of the Pharma Industry Chamber of the Federation of Egyptian Industries.SAUD's Islamic financial services arm Al Baraka Capital and SME financing firm Invia will launch a new sharia-compliant investment fund focused on financing small companies concentrated in the industrial sector.Egypt's ceramics exports declined 22% YoY to record USD64 million in the first 7 months of 2024.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 71.1 | -9.8% | Diesel-HSFO Spread, USD/ton | 269 | 7.1% | Egypt Urea, USD/ton | 349 | 1.2% | Polyethylene, USD/ton | 1,020 | 0.0% | Polypropylene, USD/ton | 965 | 0.0% | Iron Ore 65%, USD/ton | 113 | -3.5% | Steel/Iron Ore Spreads, USD/ton | 411 | 4.0% | LME Copper Cash Price, USD/ton | 8,876 | -3.2% | LME Aluminum Cash Price, USD/ton | 2,321 | -8.5% | Egyptian Retail Cement, EGP/ton | 2,793 | -0.2% | Steam Coal FOB Newcastle Australia, USD/ton | 142 | -2.5% | SMP, USD/MT | 2,753 | 4.4% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Aug 26, 2024 3:18


A consortium of the UAE's Al Shafar General Contracting (ASGC) Group and Saudi Egyptian Developers (SED) has backed out of an agreement to work on the USD5 billion redevelopment of the former National Democratic Party (NDP) headquarters in central Cairo due to increased construction costs following the EGP float.Alexandria Port Authority is gearing up to hand over three maritime terminals to local and foreign operators before the end of the year.The government has asked the Finance Ministry to postpone administrative seizures of indebted industrial facilities as part of a broader initiative to support productive sectors. The Finance Ministry sold some EGP54.1 billion worth of three-month t-bills this week at an average yield of 29.6%. This marks the highest yield on three-month bills since March.Recently hiked energy bills could reportedly save the state some EGP30 billion this fiscal year.Government sources estimated the value of goods accumulated at ports at USD100 million. These goods accumulated due to unpaid fees.The Holding Company for Metallurgical Industries is negotiating with the Ministry of Electricity to obtain a reduced electricity tariff for its subsidiary EGAL (FV: EGP125.21, OW). It is worth noting that EGAL is currently acquiring electricity at EGP1.32 per kilowatt hour, out of which the Finance Ministry burdens EGP0.10 per kilowatt hour.According to media, PHDC (FV: EGP8.78, OW) is looking into a number of real estate and education projects in Saudi Arabia.The Federation of Egyptian Industries' (FEI) pharma division has submitted a request to introduce customs exemptions for inactive ingredients. Pharma players also requested VAT breaks for the sector's packaging input.The government will be meeting with international pharma players over the coming period to invite them to take part in the EGP80 million regional hub for pharma raw materials.MICH released FY23/24 unaudited financial indicators. Net profit grew 22% YoY to EGP667 million. MICH's BoD proposed distributing cash dividends of EGP4.00/share.Menthum and CICH's asset management arm launch a USD fixed income fund in Egypt with an initial target size of USD10 million. ValU raised EGP1.1 billion in a securitized bond issuance.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 79.0 | -0.8% | Diesel-HSFO Spread, USD/ton | 262 | -2.0% | Egypt Urea, USD/ton | 345 | -3.4% | Polyethylene, USD/ton | 1,020 | -1.0% | Polypropylene, USD/ton | 975 | 0.0% | Iron Ore 65%, USD/ton | 118 | 1.6% | Steel/Iron Ore Spreads, USD/ton | 388 | -2.0% | LME Copper Cash Price, USD/ton | 9,173 | 1.9% | LME Aluminum Cash Price, USD/ton | 2,537 | 9.4% | Egyptia Retail Cement, EGP/ton | 2,798 | 17.7% | Steam Coal FOB Newcastle Australia, USD/ton | 145 | -1.1% | SMP, USD/MT | 2,636 | 3.8% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Aug 12, 2024 4:08


The Oil Ministry received 10 out of 21 contracted liquified natural gas (LNG) shipments as of last week, a government official said. The official also told the news outlet that the Ministry is set to receive another 3-4 LNG shipments within the coming two weeks.Saudi Arabia Drilling & Exploration Company could soon ink an agreement with an undisclosed Egyptian private sector player holding two gold exploration concessions in the Eastern Desert.The New and Renewable Energy Authority (NREA) has allocated land plots spanning 31k km for investors looking to set up renewable energy projects. The Central Bank of Egypt (CBE) has instructed local banks to allow non-residing foreigners to open accounts.Turkey's Jade Textile has contracted an unnamed Gulf-based consultant to establish a solar power station for its factory in Tenth of Ramadan, with investments of around USD1.5 million.Giza Spinning & Weaving reportedly plans to list 25-40% of its shares on the EGX before the end of the year.President El Sisi issued a directive forbidding the closure of any industrial facility without the greenlight from Transport and Industry Minister.ORHD (FV: EGP26.26, OW)'s net profit in 2Q24 rose 217.8% y/y to EGP1.9 billion, compared to 1Q24 net loss of EGP1.2 billion that had been caused by an FX loss due to the EGP devaluation in March 2024. This brought 1H24 net profit to EGP667.9 million, down 23.5% y/y. We maintain our Overweight recommendation of ORHD based on our FV of EGP26.26/share in light of solid sales performance and sturdy recurring income generated by hotel and commercial operations.ADIB recorded an outstanding 2Q24 consolidated bottom line post minority of EGP2,458 million (+16% q/q, +112% y/y), bringing 1H24 bottom line post minority to EGP4,574 million (+111% y/y). The bank is currently trading at 1.1x P/B24 and 3.5x P/E24.Housing and Development Properties (HDP), the real estate development arm of HDBK, yesterday launched Club Hills Residence, a EGP10 billion residential development in Sixth of October City. JUFO (FV: EGP30.80, OW) released outstanding 2Q24 financial results.Net profit jumped 362% YoY and 109.4% QoQ to reach EGP1,002 million. This brings 1H24 bottom line to EGP1,480 million (+166% YoY). JUFO is currently trading at 2024f P/E of 10.5x and EV/EBITDA of 5.3x.EKHO targets investing USD67 million in its North Sinai concession to keep natural gas daily production rates at 55 million cubic feet until the end of 2026. SWDY (FV: EGP44.88, EW) denied, in a release sent to EGX, any plans to delist the company's shares.RACC reported 1H24 results. Net profit came in at EGP245 million (+199.9% YoY), driven by revenues growth and margin expansion.TALM intends to inaugurate next month Beni Suef University Hospital, with investments of EGP800 million.         FRA granted Social Impact Capital (SIC) a 60-day extension on its mandatory tender offer (MTO) for up to 100% of CIRA.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 79.7 | 3.70% | Diesel-HSFO Spread, USD/ton | 276 | -1.70% | Egypt Urea, USD/ton | 365 | 0.00% | Polyethylene, USD/ton | 1,050 | -0.90% | Polypropylene, USD/ton | 975 | -1.00% | Iron Ore 65%, USD/ton | 122 | -4.00% | Steel/Iron Ore Spreads, USD/ton | 389 | 0.00% | LME Copper Cash Price, USD/ton | 8,747 | -2.10% | LME Aluminum Cash Price, USD/ton | 2,250 | 2.20% | Egyptia Retail Cement, EGP/ton | 2,307 | 5.60% | Steam Coal FOB Newcastle Australia, USD/ton | 146 | 1.30% | SMP, USD/MT | 2,539 | -1.10% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jul 29, 2024 4:10


The IMF Executive Board is scheduled to discuss the third review of Egypt's USD8 billion loan program today. The greenlight from the board will see the Fund disburse a fresh USD820 million tranche into the state coffers and will allow Egypt to apply for an additional USD1.2 billion in climate financing.The G20 countries could greenlight a decision to provide debt relief to the countries that are most indebted to the IMF, which could mean upwards of USD370 million in debt relief to Egypt.The Oil Ministry and the Egyptian General Petroleum Corporation (EGPC) inked an agreement with Shell and Malaysia's Petronas to invest USD222 million in the deepwater West Delta to boost its gas production. The Oil Ministry and EGPC also signed an agreement with local energy giant Cheiron Energy to invest USD120 million in the Geisum and Tawila West development fields in the Gulf of Suez. The government is reportedly in talks with Jordan to jointly purchase a new floating regasification unit.Last June, foreign investments in government debt worth USD4 billion exited the Egyptian market. SKPC released 2Q24 unaudited financial indicators. Net profit declined 3% YoY (+19% QoQ) to EGP667 million in 2Q24. During 1H24, net profit increased by a mere 1% to EGP1.23 billion. SKPC is currently trading at 2024e PE of 5.1x and EV/EBITDA of 4.1x.AMOC released 4Q23/24 unaudited financial indicators. Net profit before minority interest increased by 62% YoY (+12% QoQ) to EGP441 million in 4Q23/24. During FY23/24, net profit before minority interest grew by 28% YoY to EGP1.75 billion in FY23/24. AMOC is currently trading at FY23/24e PE of 6.6x and EV/EBITDA of 5.9x.Singapore-based chemical company Indorama — in partnership with Phosphate Misr — is building a USD400-500 million phosphate fertilizer plant in Ain Sokhna, according to an Oil Ministry statement. OCDI reported solid 1H24 sales of EGP10.9 billion, up 33.8% y/y. Net profit in 2Q24 reached EGP235.4 million, up 59.3% y/y and down 39.7% q/q, bringing 1H24 net profit up 86.7% y/y to EGP625.5 million.According to local media, EAST is investing an initial USD20 million to raise the efficiency of its production lines. The company may add three new production lines in the long term.The Financial Regulatory Authority (FRA) has updated its rules governing the listing and delisting of special purpose acquisition companies (SPACs) on the EGX.The FRA issued new rules to limit insider trading that prohibit company insiders, including board members, executives, and major shareholders owning 20% or more of a company's capital, from trading during the five working days before and one day after the disclosure of any significant information. Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 81.1 | -1.8% | Diesel-HSFO Spread, USD/ton | 253 | -5.9% | Egypt Urea, USD/ton | 365 | 8.0% | Polyethylene, USD/ton | 1,060 | 0.0% | Polypropylene, USD/ton | 1,000 | 0.0% | Iron Ore 65%, USD/ton | 124 | -1.0% | Steel/Iron Ore Spreads, USD/ton | 392 | 0.0% | LME Copper Cash Price, USD/ton | 8,996 | -2.0% | LME Aluminum Cash Price, USD/ton | 2,234 | -2.6% | Egyptia Retail Cement, EGP/ton | 2,144 | 0.6% | Steam Coal FOB Newcastle Australia, USD/ton | 135 | -0.2% | SMP, USD/MT | 2,566 | 0.0% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jul 22, 2024 2:33


The IMF Executive Board has added the third review of Egypt's USD8 billion loan program — set for 29 July — back to its calendar.Egypt paid USD3 billion to the IMF in 1H2024 and intends to pay another USD257 million until the end of July.It is possible there were some malfunctions or increased pressure on the electricity grid due to the continued heatwave, which may have led to power cuts, Electricity Ministry spokesman said, as blackouts continue despite the promise of pause.COMI (FV: EGP100, OW) recorded a strong set of results where 2Q24 net profit post-minority interest recorded EGP15,623 million (+31% q/q, +96% y/y), bringing 1H24 bottom line to EGP26,547 million (+96% y/y). The stock is trading at P/E 2024 of 5.8x and P/B 2024 of 1.8x.Brokerage firms looking to trade carbon certificates must have a minimum issued and paid-up capital of EGP15 million to get the greenlight from the Financial Regulatory Authority.The Madbouly government is considering raising the price of subsidized fertilizers by 30% to EGP6,250/ton, according to local press.EMFD (FV: EGP6.74, OW) EGM approved the proposed acquisition of Albro North Coast for Developments and Sky Tower for Real Estate Development.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 82.6 | -2.8% | Diesel-HSFO Spread, USD/ton | 269 | -6.5% | Egypt Urea, USD/ton | 338 | 0.0% | Polyethylene, USD/ton | 1,060 | 0.0% | Polypropylene, USD/ton | 1,000 | 0.0% | Iron Ore 65%, USD/ton | 126 | -0.8% | Steel/Iron Ore Spreads, USD/ton | 389 | 0.0% | LME Copper Cash Price, USD/ton | 9,179 | -5.6% | LME Aluminum Cash Price, USD/ton | 2,295 | -5.0% | Egyptia Retail Cement, EGP/ton | 2,131 | 0.0% | Steam Coal FOB Newcastle Australia, USD/ton | 135 | 0.9% | SMP, USD/MT | 2,566 | -0.8% | Last price may vary week over week in some indices due to time difference

The Orthobullets Podcast
Recon⎪TKA Polyethylene Wear & Manufacturing

The Orthobullets Podcast

Play Episode Listen Later Jul 18, 2024 19:12


In this episode, we review the high-yield topic of⁠⁠ ⁠⁠⁠⁠⁠⁠⁠TKA Polyethylene Wear & Manufacturing⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠from the Recon section. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Orthobullets⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on Social Media: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube

Speaking of Mol Bio
Directed evolution – A PETase project

Speaking of Mol Bio

Play Episode Listen Later Jul 15, 2024 32:58


Plastics are a modern miracle of science that have helped deliver both convenience and life-saving solutions. However, we must now grapple with the challenge of immense amounts of plastics in our waste streams and environment. How do we best deconstruct plastics to reusable or more bio-friendly molecules? This is the exact challenge being addressed by the work of Dr. Elizabeth (Izzy) Bell and her team at the National Renewable Energy Lab. Our conversation with Izzy showcases her ability to summarize complex topics very concisely and understandably, which she says is a skill that is critically important in her field because it's so interdisciplinary. Izzy summarizes the challenges they're working to address and then walks us through the stepwise processes she and her team use to conduct directed evolution studies. These studies aim to create and characterize enzymes capable of deconstructing common plastics, first at a laboratory scale, but eventually at an industrial scale. If you've ever wondered about how directed evolution studies are done, and the role that molecular biology plays with them, this conversation will be sure to clarify. In addition to the great science of this episode, Izzy also helps outline what it takes to get into and be successful in her field – a great resource for anyone aspiring to get into this area of research. We hear about how interdisciplinary the field is, but how that means it's also ripe with opportunity for those passionate about learning and making a difference. Join us for what is sure to be an informative and inspiring episode! Subscribe to get future episodes as they drop and if you like what you're hearing we hope you'll share a review or recommend the series to a colleague.  Download Transcripts: Speaking of Mol Bio Podcast | Thermo Fisher Scientific - US Visit the Invitrogen School of Molecular Biology to access helpful molecular biology resources and educational content, and please share this resource with anyone you know working in molecular biology.

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jul 15, 2024 4:43


The Oil Ministry is studying the possibility of leasing another floating storage regasification unit (FSRU) in Ain Sokhna to meet the need for additional quantities of natural gas.The Oil Ministry aims to drill 110 exploratory wells for gas and oil, with a total investment of USD1.2 billion during FY 2024/25. It is also planning to drill 586 exploratory wells for gas and oil, with a total investment of USD7.2 billion until 2030.EGPC contracted to import fuel shipments of diesel and butane in quantities approaching 550k tons to be delivered this month, a government official said, adding that the contracted diesel shipments amount to about 380k tons to meet the market's needs.The General Authority for Investment and Free Zones (GAFI) has requested the New Urban Communities Authority (NUCA) to allocate plots of land for the establishment of three new investment zones.China's Zhejiang Hengsheng Dyeing and Finishing Company has laid the foundation stone for its dyeing, processing, and textile manufacturing project in the Suez Canal Economic Zone's West Qantara Industrial Zone, with investments amounting to USD 70 mn.Minister Moustafa Madbouly issued a directive forming the Economic Ministerial Group. Headed by Madbouly, the group will include Central Bank Governor Hassan Abdalla, Planning and Economic Development Minister Rania Al Mashat, Finance Minister Ahmed Kouchouk — who will serve as the group's spokesperson — Supply Minister Sherif Farouk, and Investment and Foreign Trade Minister Hassan El Khatib.Gold production was up nearly 16.5% y-o-y to 559k oz in the last fiscal year.The government intends to expand the “golden license” system, to be available for the first time to large projects working in agricultural exports, alongside their industrial counterparts.The European Bank for Reconstruction and Development (EBRD) plans to provide financing worth USD705 million into a number of Egyptian banks during 2H2024.The Egyptian Stock Exchange issued rules for trading carbon emissions reduction certificates and futures contracts for the first time.EAST raised prices of its first segment by EGP0.22, bringing the pack price to EGP34.72, which corresponds to the maximum price limit set for this segment.HELI (FV: EGP18.84, OW) and MASR (FV: EGP5.24, OW) signed the contract to co-develop HELI's 491 feddan land plot in New Heliopolis. SWDY (FV: EGP44.88, EW) announced that its sister company, El Sewedy Cables Qatar, has signed an EPC contract with KAHRAMAA Qatar Power Transmission System Expansion to supply and install 132kV power cables for Strategic Projects over three years with a value exceeding QAR1 billion (c. USD270 million). A number of cement companies have addressed the Egyptian Competition Authority to request an extension of the decision to reduce production for an additional year, with the aim of helping companies deal with the shrinking demand in light of the decline in individual construction activities.ACDIMA revealed that EIPICO 3 operations are expected to commence by the end of this year with investments reaching EGP5 billion post devaluation (compared to a previous estimate of EGP2.7 billion). Fifteen molecules have been registered so far.  Weekly Commodities UpdateLast Price | WoW Change, %Brent, USD/bbl | 85.0 | -1.7%Diesel-HSFO Spread, USD/ton | 287.1 | -4.1%Egypt Urea, USD/ton | 337.5 | 0.0%Polyethylene, USD/ton | 1,060.0 | 1.0%Polypropylene, USD/ton | 1,000.0 | 0.5%Iron Ore 65%, USD/ton | 127.3 | -1.3%Steel/Iron Ore Spreads, USD/ton | 386.5 | 0.0%LME Aluminum Cash Price, USD/ton | 2,415.9 | -2.5% Eyptian Retail Cement, EGP/ton | 2,132.0 | 0.9% Steam Coal FOB Newcastle Australia, USD/ton | 133.9 | -1.4%SMP, USD/MT | 2,586.0 | 0.0%

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jul 8, 2024 2:58


Egypt's net international reserves rose to USD46.4 billion at the end of June, surpassing the previous record high of USD46.1 billion posted a month earlier.Non-oil trade deficit declined by 22.9% during 1Q24 to record about USD6.4 billion.The African Development Bank estimates Phase 3 of the water waste treatment plant in Al-Jabal Al-Asfar at about EUR510 million that will be financed by the bank, the French Development Agency, and the European Commission.Egypt is looking to attract new Turkish investments worth USD1 billion within 18 months in various sectors, including clothing, and home and electrical appliances.The World Bank's International Center for the Settlement of Investment Disputes (ICSID) last week dismissed claims brought against the Egyptian government by UAE-based CTIP Oil & Gas Investment Limited. The Emirati firm was looking to receive an EGP3 billion — equivalent to USD62.4 million at current exchange rates– settlement from the government to make up for alleged damages filed by the company. Arrears owed by the Electricity Ministry to various government sectors rose to EGP114 billion at the end of May, up from around EGP100 billion in 1Q24.Some 379.8 million shares of SWDY's (FV: EGP44.88, EW) shareholders, representing 17.5% of the company's total shares, responded to Electra's share purchase offer. A consortium of Egyptian and Chinese companies, that includes Arab Contactors and ORAS, will soon start work on the third phase of the electric light rail transit (LRT) project, with a total investment of USD550 million.The Qatar Islamic Bank (QIB) has backed out of the race to acquire Central Bank of Egypt-owned lender United Bank after the two parties failed to agree on a valuation for the bank. Fertilizer companies are looking to defer loan payments amid production cuts triggered by repeated halts in production due to unstable natural gas supplies amid nationwide shortages.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 86.5 | 0.2% | Diesel-HSFO Spread, USD/ton | 299 | -4.4% | Egypt Urea, USD/ton | 338 | 0.0% | Polyethylene, USD/ton | 1,050 | 0.0% | Polypropylene, USD/ton | 995 | 0.0% | Iron Ore 65%, USD/ton | 130 | 2.5% | Steel/Iron Ore Spreads, USD/ton | 385 | -1.0% | LME Copper Cash Price, USD/ton | 9,795 | 3.6% | LME Aluminum Cash Price, USD/ton | 2,478 | -0.4% | Egyptia Retail Cement, EGP/ton | 2,114 | 1.9% | Steam Coal FOB Newcastle Australia, USD/ton | 136 | 1.7% | SMP, USD/MT | 2,586 | -6.5% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jul 2, 2024 6:50


El Gouna Land Sale Unlocks Massive Value and Reconfirms ORHD as Our Sector Top PickORHD sold a 145k sqm land plot at the backend of El Gouna for EGP1.5 billion, implying a price of USD225/sqm. This is highly positive from both a valuation perspective and an earnings perspective. If we apply the USD225/sqm price to both back and midway land in our valuation, our FV would accordingly increase from EGP26.26/share to EGP32.69/share. Egypt welcomed a record 7.1 mn tourists in 1H 2024, ever so slightly inching above the previous record in the first half of last year. Egypt received the first shipment of natural gas out of 21 shipments that were contracted to continue at intermittent intervals during the remaining months of the summer in order to avoid blackouts.The government has reverted to planned two-hour power outages as of yesterday, instead of three hours. The two-hour planned outages will take place between 3pm to 7pm.Minister of International Cooperation revealed investment guarantees provided by the EU worth EUR1.8 billion through the European Fund for Sustainable Development (EFSD), within the financing package worth EUR7.4 billion, which would enhance FDIs worth EUR11 billion in priority sectors. German carmaker Volkswagen is interested in helping develop a shared production facility in the East Port Said Industrial Zone.The Sovereign Fund of Egypt has drawn in some EGP52 bn in local investments and around USD5.1 bn in foreign investments over the past 4 years.The General Authority for Freezones and Investment has issued 31 golden licenses to local and foreign investors in Egypt since December 2022.Apex International Energy has allocated more than USD100 million to implement its operations in Egypt in 2024.Act Financial is kicking off its IPO procedures today in an event held alongside IPO manager Zilla Capital. The company has set the final IPO price at EGP2.90/share, while an independent financial advisor to the transaction, set the fair value price at EGP3.63/share.Valu, HRHO's consumer finance arm, finalized it's 10th securitization issuance worth EGP1.2 bn, under a securitization program of EGP9.0 bnSAUD will provide Raya Holding subsidiary Raya Information Technology with a credit facility of up to EGP550 mn or its equivalent in FC.CI Mortgage, CICH's arm is negotiating with two banks to receive financing facilities worth EGP400 mn to use in acquiring new customers. Qalaa Holdings' TAQA is negotiating with clients in the tourism, industrial and agricultural sectors about proposed projects to produce 150 MW of solar energy in Egypt.Egypt has started receiving import offers for liquified ethane gas for the first time in favor of petrochemicals companies.The National Tunnels Authority (NTA) has kicked off procedures to take out a loan of up to EGP74 billion from a syndicate of ten local banks. The Arab Organization for Industrialization and TMGH will work to localize elevator manufacturing under an agreement signed with Schindler.Egyptian real estate developer Al Ahly Sabbour is in talks with advisors regarding plans to go public on the EGX.Auto sales inched up 10.8% MoM in May to 6.3k vehicles.Weekly Commodities UpdateLast Price | WoW Change, %Brent, USD/bbl | 85.7 | 1.4%Diesel-HSFO Spread, USD/ton | 313.1 | 1.2%Egypt Urea, USD/ton | 337.5 | 0.0%Polyethylene, USD/ton | 1,050.0 | 1.0%Polypropylene, USD/ton | 995.0 | -0.5%Iron Ore 65%, USD/ton | 126.5 | 0.4%Steel/Iron Ore Spreads, USD/ton | 387.8 | -1.0%LME Aluminum Cash Price, USD/ton | 2,487.8 | 0.9%Egyptian Retail Cement, EGP/ton | 2,075.0 | -1.3%Steam Coal FOB Newcastle Australia, USD/ton | 133.5 | 1.1%SMP, USD/MT | 2,766.0 | 0.0%

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jun 24, 2024 2:34


The Japan International Cooperation Agency (JICA) will soon disburse a USD300 million tranche from its USD733 million loan to finance the construction of the first phase of Cairo Metro Line 4. The Ministry of Electricity and Energy and the Ministry of Petroleum and Mineral Resources announced that the duration of power cuts nationwide will be extended by one hour on Sunday and Monday.The USD rose above 48 EGP for the first time since April, jumping by around EGP0.70 yesterday. The rate settled at EGP48.20 by the end of the day at the Central Bank of Egypt.The value of “electronic payment and collection” services increased by 19% during 11MFY2023/24, recording about EGP2.5 trillion.Egypt's natural gas production decreased by 5% during last April, reaching 4.26 billion cubic meters. At the same time, gas consumption in Egypt decreased by 4.5% during April, reaching 5.02 billion cubic meters.The court rejected the lawsuit filed by EGTS regarding the 20.0 million sqm third phase Sahl Hasheesh land plot. Beltone Holding is revamping its Beltone Trading App into an investment fund platform with a new fully digital onboarding process and is planning to apply for approval from the FRA in July. The company has also applied for new low-, medium-, and high-risk funds, ranging from fixed-income to equity funds. The company has also applied with the FRA for a new fund tracking the newly introduced EGX33 Shariah index.QNB Al Ahli, the Egyptian unit of Qatar National Bank (QNB Group), will be rebranding to QNB.Arkan Palm and Intercontinental Hotels Group (IHG) will establish a Holiday Inn Express hotel in Arkan Palm's 205 project in West Cairo. Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 85.2 | 3.2% | Diesel-HSFO Spread, USD/ton | 313 | 4.1% | Egypt Urea, USD/ton | 338 | -4.9% | Polyethylene, USD/ton | 1,040 | 0.0% | Polypropylene, USD/ton | 1,000 | 0.5% | Iron Ore 65%, USD/ton | 126 | -1.1% | Steel/Iron Ore Spreads, USD/ton | 389 | 1.0% | LME Copper Cash Price, USD/ton | 9,548 | -0.7% | LME Aluminum Cash Price, USD/ton | 2,465 | 0.1% | Egyptia Retail Cement, EGP/ton | 2,102 | 3.0% | Steam Coal FOB Newcastle Australia, USD/ton | 132 | -0.8% | SMP, USD/MT | 2,766 | 1.6% | Last price may vary week over week in some indices due to time difference

Al Ahly Pharos
Pre-Trading Thoughts

Al Ahly Pharos

Play Episode Listen Later Jun 10, 2024 3:56


The Head of EBRD in Egypt said that the bank has pumped USD500 million into Egypt YTD, and expects the bank's financing to reach USD1.2 billion by year-end.The Cabinet has turned down a proposal from the Supply Ministry to raise the price of subsidized sugar to EGP18 from EGP12.6 per kilo.The government will not be importing sugar for a while and the private sector is expected to import some 250k tons of sugar over the next three months.Suez Canal revenue continued to decline in May, falling some 64.3% YoY to record USD337.8 million.Egyptian banks' holdings of sovereign debt are about 554% of their capital.The Finance Ministry will release its 2024-2030 tax policy document for public consultation in the coming weeks.Egypt is preparing to assess the final numbers of immigrants, refugees, and foreigners, as well as their geographical distribution in the country, and their economic impact, during the coming year.The Head of the Pharmaceuticals Division at the Federation of Chambers of Commerce expects an increase in the prices of pharmaceutical products by the end of July with the new production being manufactured, indicating that the average increases are between 20% and 25%.We updated our FV for SWDY to EGP44.88/share, up from the previous EGP34.96/share. SWDY is trading at FY24e P/E of 7.9x and EV/EBITDA of 4.0x. ESRS's (FV: EGP97.02, OW) general assembly approved the decrease of the company's capital by writing off 910,481 treasury shares with a face value of EGP4.6 million.Egypt's aluminum exports surged 15% YoY to USD259 million in 4M 2024. We raised our FV of EFIH to EGP35.35/share, up from EGP23.50/share. EFIH is currently trading at 2024f P/E of 22.9x and EV/EBITDA of 15.1x.EKHO sent a release announcing the resumption of the gas supply and operations at the factories of its subsidiary, AlexFert, after the natural gas network pressure stabilized.EGCH announced that the subscription for the second phase of the remaining shares, amounting to 3,381,420 shares, was covered 23x with an allocation ratio of 0.04 for each share.CIRA is considering borrowing around EGP600 million from the National Bank from Egypt to partially finance the establishment of the first phase of Saxony University.MASR (FV: EGP5.24, OW) is partnering with CIRA's subsidiaries, Al Ahly CIRA and Eduhive, to establish Lemania Swiss International School in Taj City, and is collaborating with Blue Ribbon to establish Klub Kayan in Taj City.Investment management firm Act Financial will begin trading on the EGX by the last week of July, following the closure of the subscription period on 23 July. Act Financial is to offer around 32% of the company by offering around 360 million shares at an IPO price of EGP2.9/share.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 79.6 | -2.5% | Diesel-HSFO Spread, USD/ton | 269 | 0.4% | Egypt Urea, USD/ton | 343 | 5.4% | Polyethylene, USD/ton | 1,030 | 0.0% | Polypropylene, USD/ton | 995 | 1.0% | Iron Ore 65%, USD/ton | 128 | -3.0% | Steel/Iron Ore Spreads, USD/ton | 385 | 2.0% | LME Copper Cash Price, USD/ton | 9,638 | -2.8% | LME Aluminum Cash Price, USD/ton | 2,521 | -3.3% | Egyptia Retail Cement, EGP/ton | 2,040 | 0.0% | Steam Coal FOB Newcastle Australia, USD/ton | 132 | -7.7% | SMP, USD/MT | 2,722 | 3.5% | Last price may vary week over week in some indices due to time difference

Chews Wisely
[Patreon Preview] Should We Be Worried About Microplastics?

Chews Wisely

Play Episode Listen Later May 28, 2024 12:31


Maybe you've heard the news. Microplastics are on top of Mount Everest, the bottom of the ocean, in our blood, breastmilk, vital organs, and testicles. They are pervasive and the scope of their effect on our health is only just beginning to be understood. Today's episode lays out what microplastics (and nanoplastics, goodie!) are, where they come from, and what the early science says (it's not good). Also discussed: small, easy, meaningful actions we can take to minimize our exposure to microplastics in our daily life. Stay in touch with Chews Wisely: IG: @chewswiselypodcast Patreon: Chews Wisely Email: chewswiselypodcast@gmail.com LINKS: https://www.ewg.org/skindeep/browse/ingredients/704981-POLYETHYLENE/ https://www.washingtonpost.com/climate-solutions/2024/02/28/microplastics-drinking-water/ https://www.theguardian.com/environment/2022/mar/24/microplastics-found-in-human-blood-for-first-time https://www.theguardian.com/environment/2020/oct/19/bottle-fed-babies-swallow-millions-microplastics-day-study https://www.nytimes.com/wirecutter/blog/reduce-laundry-microfiber-pollution/ https://www.cnbc.com/2022/01/29/how-the-fossil-fuel-industry-is-pushing-plastics-on-the-world-.html https://education.nationalgeographic.org/resource/microplastics/ https://www.npr.org/sections/health-shots/2024/05/22/1252831827/microplastics-testicles-humans-health https://www.sciencenews.org/article/microplastics-nanoplastics-heart-attacks-strokes-health https://www.cnbc.com/2022/01/29/how-the-fossil-fuel-industry-is-pushing-plastics-on-the-world-.html

Bringing Chemistry to Life
Cross-coupling, catalysis and one chemist's move to tech

Bringing Chemistry to Life

Play Episode Listen Later Mar 13, 2024 35:21


Most of us don't grow up across the street from a chemistry building or know from an early age that we want to be a scientist, but Alan Dyke, VP of Business Development for ProChem, Inc. (CTO of Boulder Scientific Company at the time of the interview) did and became a chemist. Dr. Alan Dyke, former colleague, and friend of Paolo's, shares his career path and discusses the history and current state of the field of catalysis. With a father that taught university-level chemistry, and a brother in the field, it may not be surprising that Alan Dyke became a chemist, but it is surprising is that he's considered to be the outcast of the family for choosing a commercial career instead of taking an academic route. But, as he'll passionately reveal, there are upsides to choosing a non-academic career. Join us for a wonderful conversation where Paolo and Alan recount their shared history and the evolution of the catalysis field over recent decades. They discuss the evolution of homogeneous cross-coupling, biocatalysis, metathesis, and metallocene chemistry. Application of catalysis to fields as varied as pharmaceuticals and polymers is discussed, along with sustainability and other trends and dynamics in the field. Overcome your activation energy and join us!Related episodes: Season 1, Ep.2: Reinventing plastics, one reaction at a time Season 2, Ep.1: Chemistry: a modern American dreamSeason 2, Ep.6: The charm of the forgotten elements Bonus content!Access bonus content curated by this episode's guest by visiting www.thermofisher.com/chemistry-podcast for links to recent publications, podcasts, books, videos and more.View the video of this episode on www.thermofisher.com/chemistry-podcast. A free thank you gift for our listeners! Visit the episode website and request your free Bringing Chemistry to Life t-shirt.Use Podcast Code:  laBcheM in March or sc13nc3 in April We read every email so please share your questions and feedback with us! Email helloBCTL@thermofisher.com About Your HostPaolo Braiuca grew up in the North-East of Italy and holds a PhD in Pharmaceutical Sciences from nearby esteemed University of Trieste, Italy. He developed expertise in biocatalysis during his years of post-doctoral research in Italy and the UK, where he co-founded a startup company. With this new venture, Paolo's career shifted from R&D to business development, taking on roles in commercial, product management, and marketing. He has worked in the specialty chemicals, biotechnology, and pharmaceutical markets in Germany and the UK, where he presently resides. He is currently the Director of Global Market Development in the Laboratory Chemicals Division at Thermo Fisher Scientific™ which put him in the host chair of the Bringing Chemistry to Life podcast. A busy father of four, in what little free time he has, you'll find him inventing electronic devices with the help of his loyal 3D-printer and soldering iron. And if you ask him, he'll call himself a “maker” at heart.

The Gut Doctor
GI 101: Polyethylene Glycol with Kevin Groudan, MD

The Gut Doctor

Play Episode Listen Later Jan 30, 2024 8:33


In the GI 101 series, Dr. Parikh interviews one of the training physicians to get their perspective on a variety of gastrointestinal topics. In this episode, Dr. Kevin Groudan, a gastroenterology fellow at Baystate Health, discusses one of the most commonly used first line agents for constipation: polyethylene glycol.

Double Loop Podcast
Episode 262 - Teneil Hannah Interview

Double Loop Podcast

Play Episode Listen Later Dec 30, 2023 56:59


Eric and Glenn discuss their holiday parties and preparations, play another round of "Where in the Whorld?", and then interview a guest all the way from Sydney, Australia. Teneil Hannah, a PhD candidate at the University of Technology Sydney (UTS), joins the podcast to talk about some of her recently presented research on fingermark grading/quality scales. These are scales used by practitioners or researchers to evaluate the effectiveness of potentially new processing and visualization techniques to develop latent fingerprints. Whenever a laboratory is deciding to adopt a new treatment or change an existing one, the lab is expected to perform testing to evaluate the technique. There are a number of scales available to assess latent prints. Teneil walks us through what the most common scales are, who is using what, why are these scales important, and what modifications can be made to existing scales to improve their wide spread adoption and usage. References from Episode: CAST Scale Bandey, H.L. and Gibson, A.P., The Powders Process, Study 2: Evaluation of Fingerprint Powders on Smooth Surfaces, in Fingerprint Development and Imaging Newsletter. 2006. UNIL Scale Becue, A., Moret, S., Champod, C., and Margot, P., Use of quantum dots in aqueous solution to detect blood fingermarks on non-porous surfaces. Forensic Science International, 2009. 191: p. 36-41. UC Scale McLaren, C., Lennard, C., and Stoilovic, M., Methylamine Pretreatment of Dry Latent Fingermarks on Polyethylene for Enhanced Detection by Cyanoacrylate Fuming. Journal of Forensic Identification, 2010. 60: p. 199-222. IFRG Guidelines International Fingerprint Research Group, Guidelines for the assessment of fingermark detection techniques. Journal of Forensic Identification, 2014. 64: p. 174-197. Hockey, D; Dove, A; Kent, T. Guideline for the use and statistical analysis of the Home Office fingermark grading scheme for comparing fingermark development techniques. For Sci Intl 318 (2021) 110604. Hanna, T; Chadwick, S; Moret, S. Fingermark quality assessment, a transversal study of subjective quality scales. For Sci Intl 350 (2023) 111783.

Agave Road Trip
Should You Worry About Plastic in Your Water-Bottle Mezcal?

Agave Road Trip

Play Episode Listen Later Oct 19, 2023 24:37


The best stuff is always in plastic water bottles — that's a thing I hear from a lot of Mezcal geeks. But lately I've been reading a lot of stories in the news about how most of us have plastic in our blood stream. And that's got me wondering … is the stuff brought back from Mexico in plastic water bottles really the best stuff, then? Or am I just drinking myself to death in an unexpected way? Agave Road Trip's Chief Medical Correspondent Dr. Ryan Aycock plastic-coats this episode of Agave Road Trip!Find extra photos and related links at agaveroadtrip.comHeritage Radio Network is a listener supported nonprofit podcast network. Support Agave Road Trip by becoming a member!Agave Road Trip is Powered by Simplecast.

Modern Barbarian Podcast
What armor do you need?

Modern Barbarian Podcast

Play Episode Listen Later Aug 13, 2023 43:42


social media Facebook: Www.facebook.com/profile.php?id=100093511554734 Reddit: R/modernbarbarianpod twitter: @Mod_Barbarian Instagram: TheModernBarbarianPodcast Iheart Radio: https://www.iheart.com/podcast/117761762/ SPOTIFY: https://podcasters.spotify.com/pod/show/themodernbarbarianpodcast Apple: https://podcasts.apple.com/.../modern.../id1547204814 Tumblr: https://www.tumblr.com/blog/the-modern-barbarian-podcast Patreon: patreon.com/TheModernBarbarianPodcast⁠ Youtube: https://www.youtube.com/channel/UCqBvDrT5y-DWols-AGTAR5A Hard Armor 1.Steel $85  2.Ceramic $150 3.Polyethylene ($200 per plate) Helmet 1.Bump ($400) – Does not stop bullets, can have NODS and Ear muffs added, recommend Team Wendy or united shield. 2.Ballistic ($1500) – will stop pistol bullets, Can have NODS and ear muffs added. Recommend team wendy 3.Surplus ($200) – will stop pistol bullets, usually the older outdated design, which is heavier and you can't wear ear muffs with. --- Send in a voice message: https://podcasters.spotify.com/pod/show/themodernbarbarianpodcast/message Support this podcast: https://podcasters.spotify.com/pod/show/themodernbarbarianpodcast/support

The Orthobullets Podcast
Recon | TKA Polyethylene Wear & Manufacturing

The Orthobullets Podcast

Play Episode Listen Later May 19, 2023 19:12


In this episode, we review the high-yield topic of TKA Polyethylene Wear & Manufacturing ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠from the Recon section. Follow ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Orthobullets⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on Social Media: Facebook: www.facebook.com/orthobullets Instagram: www.instagram.com/orthobulletsofficial Twitter: www.twitter.com/orthobullets LinkedIn: www.linkedin.com/company/27125689 YouTube: www.youtube.com/channel/UCMZSlD9OhkFG2t25oM14FvQ --- Send in a voice message: https://podcasters.spotify.com/pod/show/orthobullets/message

UBC News World
Mississauga Synthetic Grass Installer Offers Soft Polyethylene UV-Protected Turf

UBC News World

Play Episode Listen Later May 15, 2023 2:20


Is it time to switch your Mississauga property's real grass for something more manageable and longer-lasting? Then get some premium artificial turf installed from Lazy Lawn (1-888-622-5296)! Go to https://lazylawn.ca to find out more. Lazy Lawn 18B-3200 Dufferin St #113, Toronto, Ontario M6A 3B2, Canada Website https://lazylawn.ca/ Phone +1-888-622-5296 Email info@lazylawn.ca

Beat the Often Path
Ep. 153 - Eleonore Eisath: Using the Power of Nature to Recycle the World's Most-Used Plastics

Beat the Often Path

Play Episode Listen Later Mar 31, 2023 57:44


Can we get rid of all the plastic in the oceans?  Like the Great Pacific Garbage Patch, 1.6 million square kilometers of plastic trash floating in the Pacific Ocean.  Some see this never-decomposing trash as one of the biggest problems facing our species, others like Eleonore Eisath see that plastic as a “locked resource” that can be tapped into.  Her company Beworm is developing a biocatalytic recycling process that decomposes plastic waste into natural raw materials—it's about as cool as it gets! ➡️ https://www.linkedin.com/in/eleonore-eisath/ ➡️ https://www.beworm.org/ ➡️ Highlights: https://rosspalmer.com/eleonore-eisath

Balanced Fit & Free Podcast
3 Environmental Changes to Help You Stay Healthy

Balanced Fit & Free Podcast

Play Episode Listen Later Mar 21, 2023 23:24


Since March is autoimmune disease awareness month, I thought it would be a good idea to give you more information about how autoimmune disease is developed and exacerbated. Today I talk about 3 environmental factors that you can be working on now to help protect yourself from autoimmune and even cancer.    I tell you small changes you can make with your cosmetics & skincare products, your water, and plastic storage containers.    Here is the list of the TOP MOST TOXIC ingredients to look for in your cosmetics: Benzalkonium Chloride A disinfectant used as a preservative and surfactant associated with severe skin, eye, and respiratory irritation and allergies. Found in: sunscreens, moisturizers. Butylatedhydroxy Anisole and Butylated Hydroxytoluene Synthetic antioxidants used to extend shelf life. They are likely carcinogens and hormone disruptors and may cause liver damage. Found in: lipsticks, moisturizers, diaper creams, and other cosmetics. Coal tar hair dyes and other coal tar ingredients A byproduct of coal processing that is a known carcinogen. It is used as a colorant and an anti-dandruff agent. Found in: hair dye, shampoo. Ethylenediaminetetraacetic acid (EDTA) A chelating (binding) agent added to cosmetics to improve stability. May be toxic to organs. Found in: hair color, moisturizers. Ethanolamines (MEA/DEA/TEA) Surfactants and pH adjuster linked to allergies, skin toxicity, hormone disruption, and inhibited fetal brain development. Found in: hair dyes, mascara, foundation, fragrances, sunscreens, dry cleaning solvents, paint, pharmaceuticals. Formaldehyde Used as a preservative in cosmetics. A known carcinogen that is also linked to asthma, neurotoxicity, and developmental toxicity. Present where quaternium-15, DMDM hydantoin, imidazolidinyl urea, diazolidinyl urea, sodium hydroxymethylglycinate, 2-bromo-2-nitropropane-1,3 diol (Bronopol), and several other preservatives are listed. Found in: shampoo, body wash, bubble bath. Hydroquinone A skin-lightening chemical that inhibits the production of melanin and is linked to cancer, organ toxicity, and skin irritation. Found in: skin-lightening creams. Methylisothiazolinone and methylchloroisothiazolinone Chemical preservatives that are among the most common irritants, sensitizers, and causes of contact skin allergies. Found in: shampoo, conditioner, body wash. Oxybenzone Sunscreen agent and ultraviolet light absorber linked to irritation, sensitization and allergies, and possible hormone disruption. Found in: sunscreen, moisturizer. Parabens (methyl-, isobutyl-, propyl- and others) A class of preservatives commonly used to prevent the growth of bacteria and mold. Parabens are endocrine (or hormone) disruptors, which may alter important hormone mechanisms in our bodies. Found in: shampoo, face cleanser, body wash, body lotion, foundation. Phthalates (DBP, DEHP, DEP and others) A class of plasticizing chemicals used to make products more pliable or to make fragrances stick to skin. Phthalates disrupt the endocrine system and may cause birth defects. Found in: synthetic fragrance, nail polish, hairspray, and plastic materials. Polyethylene glycol (PEG compounds) PEGs are widely used in cosmetics as thickeners, solvents, softeners, and moisture-carriers. Depending on manufacturing processes, PEGs may be contaminated with measurable amounts of ethylene oxide and 1,4-dioxane, which are both carcinogens. Found in: creams, sunscreen, shampoo. Retinyl palmitate (Vitamin A Palmitate) Retinyl palmitate is an ingredient composed of palmitic acid and retinol (Vitamin A). Data from an FDA study indicate that retinyl palmitate, when applied to the skin in the presence of sunlight, may result in adverse health consequences like lesions and photosensitization. FDA, Norwegian and German health agencies have raised a concern that daily skin application of vitamin A creams may contribute to excessive vitamin A intake for pregnant women and other populations. Sodium Lauryl Sulfate and Sodium Laureth Sulfate (SLS and SLES) SLS and SLES are surfactants that can cause skin irritation or trigger allergies. SLES is often contaminated with 1,4-dioxane, a byproduct of a petrochemical process called ethoxylation, which is used to process other chemicals in order to make them less harsh. Found in: shampoo, body wash, bubble bath. Synthetic flavor or fragrance An engineered scent or flavoring agent that may contain any combination of 3,000-plus stock chemical ingredients, including hormone disruptors and allergens. Fragrance formulas are protected under federal law's classification of trade secrets and therefore can remain undisclosed. Found in: all types of cosmetics. Toluene A volatile petrochemical solvent that is toxic to the immune system and can cause birth defects. Found in: nail polish. Triclosan and Triclocarban Antimicrobial pesticides toxic to the aquatic environment; may also impact human reproductive systems. Found in: liquid soap, soap bars, toothpaste.   **This information came from the Beautycounter website.   Recycling codes to avoid when using plastics: 3, 6, 7       Join my FREE FB Group: https://www.facebook.com/groups/balancedfitfreelife  Instagram: @ramfitlife  Facebook: https://www.facebook.com/ramfitnessforwomen  Website: www.raeannemullins.com 

THE POLY PODCAST
#27 Join an expert panel and the Alliance in a discussion about cold weather fusion operations.

THE POLY PODCAST

Play Episode Listen Later Mar 15, 2023 64:15


Cold Weather Fusion OPSJoin the PE Alliance as our host Peter Dyke moderates a panel of industry experts who have developed cred in the inclement weather niche of HDPE fusion. This is one you will want to share with anyone who designs, installs or operates HDPE pipelines in marginal weather.Moderator: Peter Dyke, PE Alliance Panelists: Jim Johnston, McElroy ManufacturingMike Mosier, Core & Main Chris Weight, SECOR Thank you to our Poly Podcast sponsor WL Plastics.

The Chemical Show
79. How The China Market Affects Chemical Prices With John Richardson

The Chemical Show

Play Episode Listen Later Dec 13, 2022 39:13


When it comes to chemical prices, the China market has a big role to play. Their economy is at a halt, and no one really knows how long it will stay that way. Join Victoria Meyer as she talks John Richardson, a Senior Consultant at ICIS. Find out how China's Zero COVID Policy and the ongoing demand destruction are damaging the entire chemical market. Take a deep dive into the state of polymers across the continents of Asia and Europe, specifically Polyethylene and Polypropylene. Love the show? Subscribe, rate, review, and share! http://www.thechemicalshow.com/

Earth Wise
A Better Way To Recycle Plastics | Earth Wise

Earth Wise

Play Episode Listen Later Nov 10, 2022 2:00


The global accumulation of plastic waste is an ever-growing problem.  At least five billion tons of the stuff has accumulated on land and sea and is even showing up in the bodies of animals and humans.  Recycling plastic instead of making even more of it seems like an essential thing to do but it has […]

The Orthobullets Podcast
Recon⎪TKA Polyethylene Wear & Manufacturing

The Orthobullets Podcast

Play Episode Listen Later Oct 19, 2022 19:12


In this episode, we review the high-yield topic of TKA Polyethylene Wear & Manufacturing from the Recon section. Follow Orthobullets on Social Media: Facebook: www.facebook.com/orthobullets Instagram: www.instagram.com/orthobulletsofficial Twitter: www.twitter.com/orthobullets LinkedIn: www.linkedin.com/company/27125689 YouTube: www.youtube.com/channel/UCMZSlD9OhkFG2t25oM14FvQ --- Send in a voice message: https://anchor.fm/orthobullets/message

Irrigation Training Series
Three Key Benefits Of Using Vinyl Tubing For Indoor Growing

Irrigation Training Series

Play Episode Listen Later Oct 6, 2022 36:39


There are many choices in tubing for your indoor grow, but selecting the correct tubing can make a difference in both labor and yield. Vinyl tubing is manufactured using polyvinyl chloride. Polyethylene tubing is also used for drip irrigation, and understanding the difference between the two will makes better indoor growers. There are critical differences between both, from a practical side and a technical side, and there are advantages. During this webinar, you will learn: The difference between polyvinyl tubing and polyethylene tubing The benefits of using vinyl tubing for indoor growing Are there concerns about prop 65 compliance and food grade tubing Where you can purchase vinyl tubing for indoor growing

Composites Weekly
Discussing Braskem's Newest 3D-Printing Product Line Including Polyethylene and Fiber Reinforced Printing Filaments

Composites Weekly

Play Episode Listen Later Jul 29, 2022


This week Jake Fallon, product development manager at Braskem joins me on the podcast to discuss some of the newest filament products they’ve developed for the additive manufacturing industry – these include polyethylene and glass fiber reinforced 3D printing filaments. Created in August 2002 by the merger of six companies, today Braskem is the largest... The post Discussing Braskem’s Newest 3D-Printing Product Line Including Polyethylene and Fiber Reinforced Printing Filaments appeared first on Composites Weekly.

The Next Byte
64. Solution To The Plastic Problem & Smart Fabrics

The Next Byte

Play Episode Listen Later Apr 5, 2022 29:20


(1:45) - Tackling Plastic Problem(16:10) - Smart FabricsEpisode 64 was brought to you by Mouser Electronics, Farbod & Daniel's favorite electronics distributor. Click here to read the article explaining dispersive signal touch technology.Here's the link to the episode mentioned that discussed plastic eating enzymes.

ThisWopDoesntLie Tune In To Our Live Podcast Every Friday 7pm EST
Vaccine Polyethylene Glycol a Toxic chemical

ThisWopDoesntLie Tune In To Our Live Podcast Every Friday 7pm EST

Play Episode Listen Later Sep 25, 2021 81:09


Vaccine Polyethylene Glycol a Toxic chemical. Do you know what was in that shot you just got. Listen to my show every Friday 7PM EST @ ThisWopDoesntLie follow us on PodBean the App is FREE to download and FREE to use. Follow us ThisWopDoesntLie