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China Showcases Innovative Practices at INC-5, Vary Tech Signs with South Korean Company to Promote Global Plastic Pollution Treatment

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BUSAN, South Korea, Dec. 5, 2024 /PRNewswire/ — The fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) was held in Busan, South Korea. During the conference, Hunan Vary Tech Co., Ltd., a leading enterprise in the field of solid waste resource utilization in China, was invited to participate in the INC-5 side event. There, the company showcased China’s innovative practices and technological breakthroughs in the field of waste plastic recycling and utilization to the international community.

Vice General Manager of Vary Tech, Che Tao, highlighted the company’s technological innovation and practices in the field of chemical recycling of waste plastics.

The oxygen-free pyrolysis technology and equipment independently developed by Vary Tech can efficiently process all kinds of mixed waste plastics and turn them into valuable oil, gas and carbon resources. Since 2009, the company has shown forward-looking vision, laying the foundation for technological innovation through international exchanges in the United States, Russia, Japan, Germany, etc. In 2013, the company made a major breakthrough in waste plastics pyrolysis technology, and completed the project of recycling 60 tonnes of waste plastics from domestic waste per day, which verified the feasibility of the technology. After 2016, the company entered into the period of rapid development, and the scope of technological application was expanded to 30. In 2018, the company achieved a qualitative leap, building a project of 600 tonnes per day of domestic waste plastics recycling, and the daily processing capacity of the core pyrolysis equipment was increased to 150 tonnes per day. The capacity breakthrough stems from the conquest of the core technology of pyrolysis equipment, including continuous feeding and discharging, flexible combination sealing, self-cleaning coke, heat carrier recycling, and thermal energy gradient utilisation, etc. The technology has been iterated and upgraded to the 6th generation, which achieves the perfect oil and gas sealing performance, effectively prevents any leakage, and significantly improves the safety and environmental friendliness. So far, the project has been running stably for 5 years. 2023, the electromagnetic pyrolysis reactor independently developed by Vary Tech will run for the first time in South Korea for the treatment of waste plastics and waste tyres, marking that the company’s chemical recycling of waste plastics is heading towards international development and opening up new opportunities for the treatment of global plastic pollution.

Li Bin, deputy director of the GRPG office and a senior researcher and doctoral supervisor at Donghua University, stated that chemical recycling is the ultimate method for converting plastic waste into stable raw materials, and showcased the industrial application cases of Vary Tech’s core equipment for chemical recycling of waste plastics.

In addition to chemical recycling, Vary Tech has also achieved outstanding results in the field of physical recycling. The company innovatively introduced a combined process of “double-shaft shredding + vertical crushing,” leading the development of the waste home appliance recycling industry. After seven generations of technological iteration, this process has now achieved an exceptional capacity of processing up to 200 waste refrigerators per hour per unit, with a plastic sorting rate exceeding 97%. The company has further expanded the application of its technology, extending recycling services to the small home appliance sector. A single unit of equipment can process up to 3 tons of waste small home appliances per hour, with a plastic recycling rate of 99%. This advanced process has laid a solid foundation for the subsequent high-value application of waste plastics, strongly promoting the development of physical recycling technology, and providing key technical support for the efficient and high-quality recycling of waste home appliance plastics.

The company has also established an electronic waste resource recycling and disposal base, achieving coordinated development of technology research and operations. The annual processing capacity is as high as 8.3 million units, ensuring that waste electrical appliances are treated harmlessly and resources are recycled efficiently. In 2018, Vary Tech made a significant breakthrough in the high-value utilization of waste electrical appliance plastics. They developed advanced processes for shredding, cleaning, and melting, transforming waste appliance plastics into high-quality recycled pellets. The annual capacity for shredding and cleaning waste plastics reached 100,000 tons, with a granulation capacity of 50,000 tons. This innovative process has been certified with GRS 4.0, and the recycled materials produced are widely used in the manufacturing of small household appliances, computers, laptops, mice, and other products, achieving high-value circular utilization of waste plastics. Vary Tech has successfully established a complete physical recycling loop for the recycling and regeneration of waste electrical appliance plastics.

As a key step in the global plastic pollution governance negotiations hosted by the United Nations Environment Programme (UNEP), this conference aims to establish a legally binding global agreement on plastic pollution. During the INC-5 meeting, Vary Tech signed a contract with a well-known Korean waste plastic recycling company to cooperate on chemical recycling technology for waste plastics. Che Tao stated, “This cooperation is a concrete action in response to the global initiative on plastic pollution governance. We will leverage our respective strengths to contribute to the implementation of the upcoming global agreement on plastic pollution.”

Kim Dong-myung, CEO of the Korean environmental protection company, stated, “Against the backdrop of the growing urgency of global plastic pollution management, the innovative capabilities of leading technology companies like Vary Tech will be the key force driving the industry’s development. We look forward to developing more environmentally friendly and cost-effective solutions by integrating the professional knowledge and technological advantages of both parties.”

The cooperation between Chinese and South Korean companies will bring new solutions to global plastic pollution management, not only helping to promote the formulation and implementation of global plastic pollution governance laws, but also indicating a broader trend of international cooperation in the environmental protection industry. With the gradual implementation of global plastic pollution governance agreements, plastic pollution management will become a new growth point for the environmental protection industry, providing strong technical support for global plastic pollution management.

For further information, please visit https://solidwastepyrolysis.com or http://en.varygroup.com
Linkedin: www.linkedin.com/company/103059726/admin/dashboard/
Youtube: www.youtube.com/@VARYTECH-pi5hf 

 

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SOURCE Vary Tech

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MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.36 PER SHARE

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31 minutes ago

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April 23, 2026

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HONOLULU, April 23, 2026 /PRNewswire/ — The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, approved adding three million shares to its existing share repurchase program and extending the program to December 31, 2029.  As of April 23, 2026, the existing share repurchase program had approximately 0.7 million shares remaining.  The Board also declared a second quarter dividend of $0.36 per common share.  The dividend will be paid on June 4, 2026 to all shareholders of record as of the close of business on May 7, 2026.

“We are pleased to announce an additional three million shares to our existing share repurchase program,” said Matt Cox, Matson’s Chairman and Chief Executive Officer.  “Since we commenced our share repurchase program in August 2021, we have repurchased approximately 14.3 million shares, or approximately 33% of the then outstanding shares, for a total cost of $1.3 billion.  Going forward, we will continue to be both disciplined and opportunistic in our capital allocation, and we remain committed to returning excess cash to shareholders to create additional shareholder value over the long-term.” 

Shares will be repurchased in the open market from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its common shares and general market conditions.  The Company may enter into Rule 10b5-1 plans to facilitate purchases under the program.  The repurchase program may be suspended or discontinued at any time.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia.  The Company’s fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson’s transportation network throughout North America and Asia.  Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Forward Looking Statements

Statements in this news release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to, statements about capital allocation plans, the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and use of excess cash.  These forward-looking statements are not guarantees of future performance.  This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release.  We do not undertake any obligation to update our forward-looking statements.

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SOURCE Matson, Inc.

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Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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2 hours ago

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April 23, 2026

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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2 hours ago

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April 23, 2026

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

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