ASA to Explore Legal Entity Valuation Best Practices in June 6th Webinar

HERNDON, Va.Feb. 20, 2024PRLog — ASA announces the hosting of an upcoming webinar entitled BV541 Legal Entity Valuation Best Practices, June 6, 2024, from 1:00 pm – 2:30 pm EDT.

A pivotal resource for valuation professionals, tax directors, tax planning professionals, CFOs, and controllers, the webinar will commence with an introduction to legal entity valuations, delving into the circumstances that necessitate their preparation. Presenters Judd Schneider and Michael Rigby, Managing Directors at Kroll, will guide participants through essential considerations, including valuation methodologies, discount rates, tax rates, and compliance with local country requirements. This insightful session will conclude with a dedicated Q&A segment, providing attendees with a unique opportunity to interact directly with our expert presenters.

Webinar Agenda:

  • Introduction
  • Background on Legal Entities
  • When is a Valuation Required
  • Key Issues and Considerations
  • Process and Best Practices
  • Questions

To register or for more information please visit https://bit.ly/3SV3Qw7 or contact us at (800) 272-8258.

ABOUT ASA

ASA is a world-renowned and respected international organization devoted to the appraisal profession. As the oldest and only major appraisal organization representing all appraisal specialists, ASA is dedicated to providing the highest possible standards in all areas of ethics, professionalism, education, and designation criteria. For more information about ASA, the ASA designation program for appraisers, or the Society’s free “Find an Appraiser” Referral System, visit www.appraisers.org or call (800) 272-8258.

ASA to Explore Legal Entity Valuation Best Practices in May 16 Webinar

HERNDON, Va.Feb. 20, 2024PRLog — ASA announces the hosting of an upcoming webinar entitled BV541 Legal Entity Valuation Best Practices, May 16th, 2024, from 1:00 pm – 2:30 pm EDT.

A pivotal resource for valuation professionals, tax directors, tax planning professionals, CFOs, and controllers, the webinar will commence with an introduction to legal entity valuations, delving into the circumstances that necessitate their preparation. Presenters Judd Schneider and Michael Rigby, Managing Directors at Kroll, will guide participants through essential considerations, including valuation methodologies, discount rates, tax rates, and compliance with local country requirements. This insightful session will conclude with a dedicated Q&A segment, providing attendees with a unique opportunity to interact directly with our expert presenters.

Webinar Agenda:

  • Introduction
  • Background on Legal Entities
  • When is a Valuation Required
  • Key Issues and Considerations
  • Process and Best Practices
  • Questions

To register or for more information please visit https://bit.ly/3SV3Qw7 or contact us at (800) 272-8258.

ABOUT ASA

ASA is a world-renowned and respected international organization devoted to the appraisal profession. As the oldest and only major appraisal organization representing all appraisal specialists, ASA is dedicated to providing the highest possible standards in all areas of ethics, professionalism, education, and designation criteria. For more information about ASA, the ASA designation program for appraisers, or the Society’s free “Find an Appraiser” Referral System, visit www.appraisers.org or call (800) 272-8258.

GC Collaborates with MHI to explore the utilization of hydrogen, ammonia and CCS technology to develop a large-scale petrochemical plant to achieve Net Zero

PTT Global Chemical Public Company Limited (GC) signed a Memorandum of Understanding (MOU) with Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) to jointly study the technologies required to develop a large-scale petrochemical complex that aims to support Thailand’s Carbon Neutrality by 2050. This collaboration between GC and MHI-AP will involve the study of solutions that use low carbon fuels such as hydrogen and ammonia, as well as Carbon Capture and Storage technologies.

PTT Global Chemical and Mitsubishi Heavy Industries Asia Pacific sign MoU to explore technologies to re-design existing assets into an economically viable carbon neutral petrochemical complex in Thailand

The MOU covers a total duration of 4 years and includes two main objectives to assess the feasibility of applying decarbonization technologies to GC’s assets. The first is to conduct research to compare the feasibility of using hydrogen and ammonia as fuels for gas turbines, as well as CCS technologies to reduce carbon dioxide emissions from power generators. The second objective is to assess how CCS technologies can best be applied and optimized for the Steam-Methane Reforming (SMR) process. MHI-AP will support this through providing carbon capture technologies as well as hydrogen combustion gas turbines and ammonia gas turbines.

This collaboration is aligned with Thailand’s announcement to achieve carbon neutrality by 2050 and with GC’s operational strategies for robust and sustainable business growth alongside partners under the concept “Together to Net Zero”, which aims to reduce greenhouse gas emissions by 20% by 2030 and achieve net zero greenhouse gas emissions by 2050.

Mr. Toasaporn Boonyapipat, Chief Operating Officer of GC’s Base and Intermediate Chemicals Business, stated that GC operates its business strategy known as ‘3 Steps Plus.’ This strategy includes Step Change, enhancing competitiveness; Step Out, seeking growth opportunities in new or international markets; and Step Up, a commitment to sustainable business practices, aiming to become a Net Zero Company. One of the initiatives to reduce greenhouse gas emissions responsibly involves researching ways to improve and develop processes by integrating modern technologies. For instance, hydrogen/ammonia can be incorporated as fuel in power generation instead of natural gas to achieve net-zero greenhouse gas emissions.

Mr. Osamu Ono, Managing Director of MHI-AP, said: “Low-carbon fuels such as hydrogen, ammonia and CCS technologies have great potential in reducing carbon emissions from existing energy infrastructure. MHI-AP is honored to partner with GC to explore how we can utilize our technology and expertise to reduce carbon emissions from GC’s existing business assets and support the establishment of an economically viable large-scale carbon neutral petrochemical plant.”

This collaboration between GC and MHI-AP is a pivotal part of a broader initiative involving numerous prominent global firms to foster an environmentally friendly industry. 

About PTT Global Chemical Public Company Limited (GC)GC is dedicated to being a leader in the petrochemical industry by employing globally recognized chemical products under the Circular Economy concept. This approach promotes the maximization of resource utilization through product development geared towards sustainability and improving the quality of life for everyone. The company has been consistently ranked as the world’s number one in the Chemicals sector by the Dow Jones Sustainability Indices (DJSI) for 4 consecutive years. Presently, GC aims to become a low-carbon organization and strives to achieve Net Zero greenhouse gas emissions by 2030.

About Mitsubishi Heavy Industries Asia Pacific (MHI-AP)Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) is a subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), one of the world’s leading industrial firms. Located in Singapore, the Asia Pacific headquarters supports the growth of markets in Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, India, Australia and other parts of the region. MHI-AP builds on its global outlook and deep local insights to deliver integrated solutions to the region in urban development and infrastructure, energy and utilities, as well as logistics and transportation. As a market leader in Asia Pacific, MHI-AP provides reliable and innovative solutions that move the world forward.For more information, visit www.mhi.com/.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.


Topic: Press release summary

Japan – Honda and MC Sign MoU to Explore New Businesses in EV Age

Honda Motor Co., Ltd. (Honda) and Mitsubishi Corporation (MC) are pleased to announce the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of both companies to build sustainable business models in light of anticipated growth in the electric vehicle (EV) market toward a decarbonized future society. The two companies will explore the possibility of new businesses with a goal to increase the value offered to customers through their EV and EV battery business. Details are explained below. 

1. Battery Lifetime Management Business

This new business would aim to maximize the value of batteries to be installed in Honda mini-EV models, that are scheduled to begin sales in Japan in 2024. By employing a sophisticated battery-monitoring system, the new business would manage and maximize the value of each battery throughout its lifetime shifting from powering EVs to use as stationary energy storage.

2. Smart-charging(1) and V2G(2) Energy Management Business

This new business would help EV users to optimize their electricity costs by offering access to smart-charging, V2G services and green (renewable) power which leverages advanced control technologies for the energy management system.

(1) Smart charging systems automatically adjust the timing of EV charging to avoid peak load periods and optimize energy consumption.
(2) Vehicle to Grid: In a V2G system, EVs will not only be charged with the electricity from the grid but also supply electricity to the grid to help meet local electricity needs. 

Toshihiro Mibe, Global CEO of Honda

“Preparing for the era of full-fledged popularization of EVs, Honda will not only sell EVs, but take a proactive approach to energy management, where EV batteries will be utilized as an energy source, and we are also focusing on resource circulation, including the reuse and repurposing of EV batteries, which contain various rare resources. Starting with this initiative with MC in the area of mini-EVs in Japan, Honda will strive to maximize the value we offer to our customers and build a foundation for sustainable business from a long-term perspective, while working with a variety of partners and accommodating the unique market characteristics of each region.”

Katsuya Nakanishi President & CEO Mitsubishi Corporation

“We understand that the convergence of different sectors such as mobility, energy, services and data is an irreversible trend. Examples can be seen all over the world, as companies seek to go carbon neutral, and new business models like MaaS and CASE (in the automobile industry) pick up stream. MC is aiming to develop its own new business models that balance electrification and decarbonization, to create new cross-industry services, and otherwise reinventing ourselves in keeping with the times.”

[Company Information]

Company Name: Honda Motor Co., Ltd.
Headquarters: 2-1-1, Minami-Aoyama, Minato-ku, Tokyo
Date of Establishment: September 24, 1948
Representative: Toshihiro Mibe, Director, President and Representative Executive Officer
Main business: Production and sales of mobility products (including motorcycles, automobiles, power products)
URL: https://global.honda/en/

Company Name: Mitsubishi Corporation
Headquarters: 2-3-1 Marunouchi, Chiyoda-ku, Tokyo
Date of Establishment: July 1, 1954
President & CEO: Katsuya Nakanishi
Operations: MC engages in a wide range of businesses spanning multiple industries and overseen by its Industry DX Group, Next-Generation Energy Business Group and ten industry-specific business groups: Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development.
URL: https://www.mitsubishicorp.com/

Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

ASA to Explore Art Conservation in New Webinar

HERNDON, Va.Aug. 26, 2023PRLog — ASA is set to explore the topic of art conservation in an upcoming 1-hour webinar entitled “Preserving the Past: Case Studies in Art Conservation” on Thursday, September 21, 2023, from 1:00 pm – 2:00 pm ET.

The featured presenter will be Heather Becker, CEO of The Conservation Center, who will be joined by members of the conservation team, and will delve into compelling case studies that highlight the unique challenges encountered during the treatment of different works of art. The session will also offer an opportunity for attendees to participate in a question-and-answer segment.

Webinar is open to appraisers and allied professionals who are new to the field of conservators or would like a deeper understanding of how conservators approach their work, the best practices of conservators, and determine conservation options for damaged artwork.

The Conservation Center is the largest privately held art conservation laboratory in the United States, The Conservation Center employs a multidisciplinary approach, encompassing a team of conservation specialists with expertise in various areas, such as antique and fine furniture, frames, and gilding, murals, objects and sculpture, antique heirlooms, paintings, photographs, rare books, textiles, and works of art on paper. For more information about The Conservation Center, visit http://www.theconservationcenter.com or call (800) 250-6919.

Registration is available at https://bit.ly/3KTqL6D or by calling (800) 272-8258.