Connect with us

Technology

Canada Invests in World’s First Carbon Capture Technology Demonstration in Pulp and Paper Industries

Published

on

TROIS-RIVIÈRES, QC, Nov. 1, 2024 /CNW/ – Clean technologies and low-carbon solutions are a critical part for improving efficiency in Canada’s forest sector and lowering emissions while growing Canada’s economy. Developing and deploying these technologies and solutions not only helps to fight climate change but also creates new, sustainable jobs.

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry; with the Honourable Benoit Charette, Quebec’s Minister of the Environment, the Fight Against Climate Change, Wildlife and Parks; and the Honourable Jean Boulet, Quebec’s Minister of Labour, announced a federal contribution of more than $8 million to Kruger Wayagamack Pulp and Paper Mill for its Decarbonization of Kruger Wayagamack Mill Using an Innovative Molten Borates Technology project.

With this funding, Kruger Wayagamack Mill will install the world’s first demonstration-scale carbon capture system in a pulp and paper industrial setting at their facility in Trois-Rivières. This innovative system will allow the organization to recover heat to produce steam and capture carbon dioxide (CO2) produced by the paper production process and utilize it in its paper mill. This project will reduce energy losses, lower operating costs and aims to reduce the Mill’s CO2 emissions by 1,800 tonnes per year in the Wayagamack Mill. It will also serve as a model for carbon removal that can be replicated throughout the pulp and paper industry.

Funding for this initiative is provided through Natural Resources Canada’s Investment in Forest Industry Transformation (IFIT) program. IFIT aims to improve the environmental performance of the forestry sector by facilitating the adoption of transformative technologies that contribute to the decarbonization of industrial processes. The program aims to create a more competitive, resilient and environmentally sustainable sector with a focus on innovative, low-carbon projects that result in new or diversified revenue streams.

Quotes

“Through our Investment in Forest Industry Transformation program, we are continuing to support Quebec’s forest sector to implement innovative technologies that increase efficiency and capacity, lower emissions and create good, sustainable jobs. Today’s investment is an excellent example of how we can continue to reduce emissions while helping to ensure the long-term sustainability of Canada’s forestry sector.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

Canada’s forest sector provides economic opportunity and secure livelihoods for Canadians in communities right across the country. By investing in the Kruger Wayagamack facility in Trois-Rivières, we are ensuring that local communities continue to reap the benefits of the sustainable use of Canada’s forest resources.”

The Honourable François-Philippe Champagne
Minister of Innovation, Science and Industry

“We applaud the Government of Canada’s vision and its commitment to supporting projects that help decarbonize the paper industry. Thanks to the funding provided through Natural Resources Canada’s Investments in Forest Industry Transformation program, companies like Kruger can take part in high-level research and development projects. This project has the potential to offer a sustainable carbon capture, utilization and storage solution for the entire manufacturing sector. It fits perfectly with Kruger’s strategy to accelerate its efforts to decarbonize its operations.”

Justin Paillé
Senior Vice President, Manufacturing, Kruger Pulp and Paper

Quick Facts

The project is receiving $8.1 million in funding from Natural Resources Canada and $9.5 million through the Government of Quebec’s Technoclimat program.Since its creation in 2010, Natural Resources Canada’s IFIT program has invested over $378 million in 95 projects across Canada, with more than $171.1 million for 29 projects in Quebec — all of which support Canada’s forest sector competitiveness and environmental performance.

Associated Links

Kruger Wayagamack Coated Paper MillMantel – Press ReleaseInvestments in Forest Industry Transformation ProgramForest Innovation ProgramCanadian Wood Fibre CentreSustainable Jobs Plan2030 Emissions Reduction Plan: Clean Air, Strong Economy

Follow us on LinkedIn

SOURCE Natural Resources Canada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

PropAccount.com Adds Equities to Its Multi-Asset Prop Firm Platform, Opening the Door to the World’s Largest Trading Market

Published

on

By

White-label prop firm operators can now offer equities alongside forex, futures, and crypto, all inside one tech stack, at no additional cost.

BOCA RATON, Fla., April 20, 2026 /PRNewswire/ — PropAccount.com, which is powered by FPFX Tech, and operates as the world’s largest white-label prop firm provider, has announced the addition of equities trading to its offering, bringing the world’s largest financial market within reach of every prop firm operator on its network.

With equities now supported inside the PropAccount.com ecosystem, white-label partners can offer equities trading challenges in single-session and swing-trading varieties.

One Platform. Four Asset Classes.

PropAccount.com is recognized as one of the prop trading industry’s most comprehensive infrastructure solutions, supporting forex, futures, and crypto across leading platforms, including DXtrade, Match-Trader, cTrader, Rithmic, and Tradovate. The addition of equities completes the grand slam of assets.

For existing PropAccount.com partners, equities trading slots directly into the same infrastructure that already handles trader onboarding, challenges, automated risk rules, account management, KYC, and payments. There is nothing new to configure, no new vendor to manage, and no new cost to absorb.

For new operators entering the industry, the launch path is equally direct. PropAccount’s white-label model allows operators to go live in as little as seven days, with equities available alongside the full suite of supported markets.

A Market Too Large to Ignore

According to the Securities Industry and Financial Markets Association, U.S. equity market capitalization was at $68.2 trillion at year-end 2025, with daily trading volume averaging a record 18.6 billion shares. The numbers speak for themselves. Millions of traders worldwide focus on equities as a core part of their strategy, and the prop firm ecosystem has not offered this asset class – until now. PropAccount.com’s expansion into equities allows operators to reach this audience directly, building programs designed specifically for traders without fragmenting their existing infrastructure.

Wider Audience for Operators

For operators, the practical opportunity is audience expansion. Many equities traders have never engaged with a prop firm because no prop firm has spoken to them. Equities support on PropAccount.com changes that calculus, giving operators a direct path to a segment of the trading community that has largely been left out of the prop firm model.

The PropAccount platform handles risk monitoring, drawdown controls, scaling rules, automated payouts, trader dashboards, CRM, affiliate systems, and KYC: every operational layer required to run a professional prop firm. Adding a fourth asset class to that foundation required no new architecture. It was built to support it.

“Equities are the largest traded market in the world, and traders have been underserved by the retail prop industry for too long. Adding equities to our tech stack means our operators can now reach this audience directly with the equities they trade, without forcing them to adjust to equity CFDs.” – Justin Hertzberg, CEO of PropAccount.com

About PropAccount.com

PropAccount.com is the white-label prop firm infrastructure provider powered by FPFX Tech, the leader in prop trading technology. The platform enables entrepreneurs, trading educators, influencers, and IBs to launch fully branded prop firms in as little as seven days, using enterprise-grade technology covering trading platforms, risk tools, payments, KYC, affiliate systems, trader dashboards, and capital backing.

Contact:
Scott
***@propaccount.com

Photo(s):
https://www.prlog.org/13140490

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/propaccountcom-adds-equities-to-its-multi-asset-prop-firm-platform-opening-the-door-to-the-worlds-largest-trading-market-302747650.html

SOURCE Propaccount.com

Continue Reading

Technology

Health Karma Launches PersonalCare Bundles to Address America’s Underinsured Crisis, Unlocking Immediate Revenue Opportunity

Published

on

By

LEESBURG, Fla., April 20, 2026 /PRNewswire-PRWeb/ — Health Karma Inc., a leader in proactive well-being and behavioral health solutions, today announced the national rollout of its Health Karma PersonalCare™ Bundles, a new product line designed to meet the urgent healthcare access needs of millions of uninsured and underinsured Americans – particularly independent contractors, part-time, and hourly workers.

Developed over the past two years and fully integrated into Health Karma’s proprietary mobile platform, the PersonalCare Bundles represent a scalable, direct-to-consumer healthcare access solution that is already gaining rapid traction across broker networks nationwide.

A Massive, Underserved Market – The launch comes at a critical time in the U.S. healthcare landscape:

Nearly 23% of working-age adults are underinsured, facing high deductibles and out-of-pocket costsApproximately 24 million Americans remain completely uninsuredMillions more experience gaps in coverage annuallyAverage deductibles now exceed $4,000, with marketplace plans reaching as high as $7,400+

These realities leave a significant portion of the workforce, especially gig workers and part-time employees, effectively locked out of timely, affordable care.

“We Are Not Insurance — We Are Access”:

Health Karma’s PersonalCare Bundles are not insurance products. Instead, they provide immediate, affordable access to healthcare services through a simple, app-based experience. Users can connect 24/7 with licensed physicians, Master’s-level behavioral health clinicians, receive diagnoses, and obtain prescriptions often at zero out-of-pocket cost within hours. One early user shared their experience after enrolling through a broker partner: “I had a severe breakout and couldn’t reach my primary doctor. Through the app, I spoke with a physician within an hour, received a prescription, and paid $0 for both the consultation and medication. The entire process took less than two hours and solved my problem completely.”

Immediate Revenue, Proven Demand – Health Karma reports strong early validation of the product:

Zero pushback from broker distribution channelsInitial pilot groups saw 127 immediate sign-upsNationwide rollout underway through thousands of insurance brokers and independent agentsAll bundles, even the entry-level bundles, generate significant and sustainable recurring revenue for Health Karma

With a growing network of over 100 experienced brokers ready to deploy, the Company anticipates rapid expansion in the coming quarters.

Flexible Distribution Model – The PersonalCare Bundles are uniquely positioned for mass adoption:

Available direct-to-consumer without employer sponsorshipNo requirement for licensed insurance agents to sellEasily deployable for employers via simple group enrollment and monthly billingAccessible across mobile, tablet, and desktop, with a seamless app-based interface

Part of a Broader Growth Strategy – This launch complements Health Karma’s expanding footprint across multiple high-impact verticals, including:

UniversitiesHealthcare and health benefit providersJustice-Impacted Reentry ProgramsFirst Responders and VeteransNative American tribal healthcare programsWorkplace violence response programsWorkers’ compensation solutions

Technology-Driven Expansion:

To accelerate adoption, Health Karma is preparing a 90-day rollout strategy leveraging advanced AI, SEO, and targeted digital marketing to reach high-need populations such as small business owners, gig economy workers, and uninsured individuals.

Executive Commentary:

Travis H. Jackson, CEO of Health Karma, stated: “This is one of the most important products we’ve developed. It directly addresses a massive and growing gap in the U.S. healthcare system. The demand is immediate, the feedback has been overwhelmingly positive, and the revenue potential is significant. We are moving aggressively to scale distribution and ensure this solution reaches the millions of people who need it most.”

About Health Karma Inc.

Health Karma Inc. delivers proactive well-being, behavioral health, and injury triage solutions through its innovative “1st Moment” model providing immediate, comprehensive support whenever and wherever individuals need care. By combining technology, accessibility, and real-time intervention, Health Karma is redefining how healthcare is delivered across both public and private sectors.

Learn more: www.HealthKarmaGroup.com

Media Contact: IR@healthkarmagroup.com

Media Contact

Robert Hood, Health Karma Inc, 1 9406342860, bob@healthkarmagroup.com, https://www.healthkarmagroup.com/ 

View original content:https://www.prweb.com/releases/health-karma-launches-personalcare-bundles-to-address-americas-underinsured-crisis-unlocking-immediate-revenue-opportunity-302746750.html

SOURCE Health Karma Inc

Continue Reading

Technology

V2X to Announce First Quarter 2026 Financial Results

Published

on

By

RESTON, Va., April 20, 2026 /PRNewswire/ — V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report first quarter 2026 financial results on Monday, May 4, 2026, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.

U.S.-based participants may dial in to the conference call at 877-300-8521, while international participants may dial 412-317-6026. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.webinar.net/Q291YZzYJpN and on the Investors section of the V2X website at https://gov2x.com/.

A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through May 18, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10208314.  

About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Investor Contact 
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Media Contact 
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-to-announce-first-quarter-2026-financial-results-302747820.html

SOURCE V2X, Inc.

Continue Reading

Trending