Connect with us

Technology

ECOMAGIC Co., Ltd. And POSCO INTERNATIONAL Sign Exclusive Sales Agreement for Thailand on a Core Technology for Achieving Carbon Neutrality in the Petroleum Energy Sector

Published

1 year ago

on

SEOUL, South Korea, May 12, 2025 /PRNewswire/ — In an era of escalating climate crisis, the world is placing ‘carbon neutrality’ at the forefront of global discourse. Countries around the world have pledged to submit detailed action plans to the United Nations by establishing Long-Term Low Emission Development Strategies (LEDS) aimed at achieving carbon neutrality by 2050. They continue to make steady efforts by expanding the adoption of renewable energy and implementing various alternatives to reduce carbon emissions.

However, despite the global trend toward energy transition, the demand for petroleum as a major fossil fuel remains solid. In particular, because gasoline, which is the most widely used, has a boiling point of only 23°C, volatile organic compounds (VOCs) are inevitably released during storage and transportation. These VOCs contain carcinogens like benzene and toluene that can cause serious illnesses once they enter the human body.

In the midst of this challenge, a groundbreaking technology that reduces the emission of VOCs and carbon dioxide has been developed in South Korea. The company behind this innovation is ECOMAGIC Co., Ltd., recognized as a leading enterprise in the field of eco-friendly renewable energy and carbon reduction projects.

For the past 11 years, ECOMAGIC has been dedicated to developing the ‘Vapor Liquefaction Treatment System’, a technology that ensures gasoline can be used wisely, without threatening human life and instead contributing positively to the environment. Together with POSCO INTERNATIONAL, a company with a global network, ECOMAGIC has taken a significant step toward advancing carbon neutrality practices.

POSCO INTERNATIONAL is steadily developing greenhouse gas and carbon emission reduction projects in response to climate change and is moving forward with the goal of reinvesting corporate profits back into society through its ESG initiatives.

Interview with Mr. Wooho Kim, Head of POSCO INTERNATIONAL Thailand

1. We heard that you made significant efforts to introduce ECOMAGIC’s Vapor Liquefaction Treatment System into the Thai market. Could you share the background behind it?

“POSCO INTERNATIONAL Thailand has been continuously monitoring the Thai government’s efforts to strengthen environmental regulations and achieve carbon neutrality goals. In particular, vapor emissions generated during the storage and distribution of gasoline have become a major cause of air pollution and health issues, creating a clear need for effective solutions.

ECOMAGIC’s Vapor Liquefaction Treatment System is an innovative product capable of addressing these challenges. It significantly reduces vapor emissions compared to conventional methods and helps prevent gasoline losses, offering notable economic benefits as well. As part of our strategy to strengthen ESG management and expand our sustainable energy business in the Thai market, POSCO INTERNATIONAL decided to actively promote the introduction and sales of this product.”

2. What is your outlook on the market potential for vapor liquefaction recovery systems at gas stations in Thailand?

“Thailand is one of the major petroleum-consuming countries in ASEAN, with annual gasoline consumption exceeding 30 billion liters. As a result, vapor emissions generated during the gasoline distribution process have become a serious issue, and the Thai government is actively promoting various policies to reduce air pollution.

Major refiners and gas station operators in Thailand are strengthening their ESG management and showing strong interest in adopting new technologies aimed at improving energy efficiency and protecting the environment. In particular, vapor recovery and liquefaction technologies are effective in reducing fuel losses and responding to tightening environmental regulations, which suggests there will be strong demand in the Thai market moving forward.

POSCO INTERNATIONAL plans to strengthen collaboration with major gas stations and petroleum distributors in Thailand through its partnership with ECOMAGIC.”

3. What other projects is POSCO INTERNATIONAL pursuing to support carbon neutrality? 

“As a global integrated business company, POSCO INTERNATIONAL is promoting a wide range of eco-friendly projects aimed at building a sustainable future.

We are contributing to reducing greenhouse gas emissions and accelerating the energy transition through solar and wind power generation, and supporting the shift to green energy by establishing supply chains for low-carbon hydrogen and eco-friendly ammonia.

In addition, we are advancing carbon emission reduction initiatives by utilizing carbon capture, utilization, and storage (CCUS) technologies, moving one step closer to achieving carbon neutrality.

Through these diverse ESG initiatives, POSCO INTERNATIONAL is committed to pursuing sustainable growth and will continue to strengthen its efforts toward carbon neutrality in both the Thai and global markets.”

Photo – https://mma.prnewswire.com/media/2682658/IMAGE.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ecomagic-co-ltd-and-posco-international-sign-exclusive-sales-agreement-for-thailand-on-a-core-technology-for-achieving-carbon-neutrality-in-the-petroleum-energy-sector-302450143.html

Related Topics:
Continue Reading

Technology

LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

Published

6 hours ago

on

October 24, 2026

By

Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

7 hours ago

on

October 24, 2026

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

7 hours ago

on

October 24, 2026

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Trending