Oil and Gas - Huge Profits of Oil and Gas Companies
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AUGUST 2022
N E W S
$1.1 Trillion in Energy
Savings Due to
Significant Natural Gas
...
Global Internet of
Energy Market to Reach
$198.68 billion by 2024
5 Simple Steps to Get
Ready for Overseas
Engineering Studies
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E D I T O R ‘ S N O T E
The first three months
of this year saw record
profits for some of
the world’s largest oil
companies, even as consumers
across the world grapple with
increasing energy costs. Exxon
Mobil, Shell, and other major
oil companies saw their profits
rise by billions of dollars in the
wake of the conflict in Ukraine,
despite huge expenses
associated with departing
operations and/or investments
in Russia.
Profits of Oil
Companies 2022
Energy-dependent nations
panicked after Russia’s
incursion into Ukraine earlier
this year, driving up oil prices
by more than $1 per barrel in
the first quarter of 2022. As
reported by the Associated
Press, Brent crude, the
worldwide standard for oil
prices, averaged $102.23 a
barrel in the first quarter, up
67% over the same time last
year. Because of this, petrol
costs have skyrocketed in the
United States and across the
globe.
Oil companies, on the other
hand, are drawing fire as
inflation continues to damage
the budgets of Americans.
Some politicians have urged
companies to put the needs of
their customers ahead of their
shareholders’ interests.
In April, Democrats in the House of Representatives Carolyn
Maloney and Ro Khanna encouraged the CEOs of ExxonMobil,
Shell, BP, and Chevron to abandon plans for stock buybacks and
dividends in favor of cutting prices. Sen. Sherrod Brown of Ohio
has said that the firms are simply focused on profits and hiding
behind an excuse of increasing operational expenses.
Even the White House was concerned about oil industry price
gouging. Untapped oil wells and leased public lands should be
charged to oil companies, according to the Biden administration’s
request to Congress in late March. Oil CEOs should not benefit
from everyone else’s financial misery while their corporations
achieve record profits. Consumers and oil firms must both be
held responsible for their actions.
Additionally, according to the Carbon Disclosure Project (CDP),
the oil sector would also need to spend three-quarters of its
capital investment in low-carbon technology if catastrophic
climate change is to be averted.
4
C O N T E N T S
8
Want the Best Ceiling Fan for
Home or Other Space? ...
24
Lg Launches New Virtual
Platform For Air Solution ...
28
Enormous Profits of Oil & Gas
Companies
v
60
What Exactly Does A
Mechanical Contractor Do?
68
Digital Transformation for
Manufacturing & Industrial
Companies
76
74% of Manufacturing CEO
are Migrating to Automation ...
48
$1.1 Trillion in Energy Savings
Due to Significant ...
84
Johnson & Johnson
Announces Single-Shot ...
52
Global Internet of Energy
Market to Reach $198.68
billion by 2024
56
5 Simple Steps to Get Ready
for Overseas Engineering
Studies
6
92
Top 10 Tips on Conscious
Consumption and Sustainable
Living
100
3 Ways To Reduce Your
Equipment Maintenance Cost
FEATURE STORY
Want the Best Ceiling Fan for
Home or Other Space? Learn More
Here!
Ceiling fans are essential cooling equipment. They keep home spaces such as the bedroom, living
room, and dining area comfortable and relaxing at the right temperature.
Also, in a business establishment, ceiling fans facilitate a refreshing and inviting atmosphere
whether it is for the customers in the receiving area or for the guest in the Manager’s office.
Since the market offers numerous brands of ceiling fans with varying specifications, buyers may
find it challenging to choose which option to purchase.
CBK Hardware is among the premier distributor of various brands of ceiling fans that are costefficient
and energy-saving.
Since 1920, this home and office improvement specialist based in Manila has expanded and become
the largest hardware supplier in the country for commercial, retail, residential, and industrial
projects.
8 Important Factors to Consider
When Buying High-Quality Ceiling
Fans
CBK Hardware offers many global brands among them are Hunter and Westinghouse,
who are known for their contemporary design and elegant ceiling fans. Their wide
range of ceiling fans and cooling machines for home and commercial establishments
are best-selling because of the following factors:
1. Size
Determine the correct ceiling fan size for a room is always important and consider the
living space or commercial space area and its ceiling’s height.
8
CBK Hardware advises shoppers to ensure that the ceiling’s height is at least 8 feet
high from the ground or the floor to the ceiling, and the wall-to-blade edge distance
should be about 2 feet high.
On selecting the right ceiling fan for a room, consider the perfect blade size of the
ceiling fan to increase air-moving capacity inside a room. Here are CBK Hardware’s
recommended ceiling fan blade sizes per room area:
a) Room Size: Up to 12 square meters
Recommended Ceiling Fan Blade Size: 76 to 90 centimeters
b) Room Size: Up to 15 square meters
Recommended Ceiling Fan Blade Size: 105 centimeters
c) Room Size: Up to 20 square meters
Recommended Ceiling Fan Blade Size: 112 to 122 centimeters
d) Room Size: From 25 to 30 square meters
Recommended Ceiling Fan Blade Size: More than 132 centimeters
e) Room Size: More than 30 square meters
Recommended Ceiling Fan Blade Size: More than one ceiling fan is
recommended
The petite and decorative Westinghouse Black Turbo Swirl 30-Inch Ceiling
Fan is ideal for rooms with ceilings that are 8-by-10 feet high. They include
kitchens, offices, small bedrooms, and dens.
9
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Part of Blue Ocean Robotics
FEATURE STORY
2. Style
Getting the right ceiling fan for
home and for office can be hard
as there are a lot of styles of ceiling
fan available. However, always
remember to choose the ceiling
fan that will match one’s home
decorations or office style.
CBK Hardware’s ceiling fans are available in a different style. Their
colors can complement any living space or workspace. Also, some
ceiling fans with lights are ideal for small rooms that are well-lighted.
The airy and bright Westinghouse 78145 6-Blade 30-Inch Turbo Swirl
Ceiling Fan with white finish features curvy white blades, an integrated
light fixture, and opal-frosted glass. This chic ceiling fan adds casual
style and comfort to any room.
3. Type
There are two kinds of ceiling fans:
Hugger or standard. Hugger ceiling
fans are flush-mounted ceiling fans that
do not have a conventional downward
rod hanging from the ceiling while, the
standard type of ceiling fans is typically
extended with a down rod which allows
them to be mounted on flat or sloped
ceiling.
CBK Hardware sells both standard and hugger ceiling fan types. Its standard ceiling fans
feature down rods that are extendable to up to 3 feet high and perfect for living spaces or
workspaces with high ceilings.
Ensure the rooms meet the minimum floor-to-ceiling distance of 8 feet high for this choice like
this Westinghouse 78016 Comet 5-Blade 52-Inch Ceiling Fan is an example of the standard
type.
12
It has a down rod and matte black hue. On the other hand, hugger
ceiling fans do not include a down rod. CBK Hardware recommends
this choice for rooms with low ceilings or small.
The Hunter Low-Profile 5-Blade
52-Inch Ceiling Fan with Light
and Antique Pewter finish is
specially designed for low-ceiling
operations and powerful cooling
with its Whisperwind Motor.
4. Light
Most ceiling fans come with light fixtures
and help illuminate the rooms well. At
CBK Hardware there are two different
light kits: a ceiling fan that allows dim
light with the dome-type or a close glass
light kit. While the other type of light kitthe
open down-type light is a ceiling fan
that facilitates brighter lights in a room.
This one is best-selling because the
choice of wattage for this lighting kit is
unlimited since it is open-type.
Some examples of ceiling fans
with light fixtures available at
CBK Hardware are the Hunter
Augusta 5-Blade 52-Inch Ceiling
Fan with Antique Pewter finish
and the Westinghouse Turbo
Swirl 6-Blade 30 Oil Rubbed
Bronze Ceiling Fan.
13
FEATURE STORY
5. Cost
Ceiling fans come at various price and get
thee best value of these products via online.
CBK Hardware sells many premium-quality
ceiling fans that offer the best value for
their customers’ hard-earned money. These
cooling equipment’s prices depend on their
blade sizes and design.
Hunter ceiling fans’ prices range from
Php8,500 to Php19,800 while for Westinghouse
ceiling fans, the price ranges from Php5,250
to Php10,900.
6. After-Sales Service
Find convenience aside from its tremendous
value for their hard-earned money as CBK
Hardware offers repair and replacement
service with their service center. Moreover,
they have ceiling fan spare parts available.
7. Ease of Installation
Choose a ceiling fan that is easy to install and
saves more time and energy.
CBK Hardware’s ceiling fans come with a
step-by-step installation guide that makes it
effortless, fast, and ready to use at the home,
office or place of business.
8. Warranty
Always check the product warranty. Make sure
it has six to one-year product warranty. They
are assured that they purchased high-quality
products free from manufacturing defects.
As standard, CBK Hardware offers shoppers
a six-month product warranty and it comes
with a lifetime repair service.
Enjoy the wide array of top-rated Hunter and
Westinghouse ceiling fans at CBK Hardware.
Interested customers can visit the following
websites for more details:
CBK Hardware’s Official Website:
https://cbkhardware.com/
CBK Hardware’s Online Store:
https://shop.cbkhardware.com/
CBK Hardware’s Hunter Ceiling
Fans:
https://shop.cbkhardware.com/
Search?Type=Product&options%5Bpr
efix%5D=last&q=hunter+ceiling+fans
CBK Hardware’s Westinghouse
Ceiling Fans:
https://shop.cbkhardware.com//
search?type=product&options%5Bpre
fix%5D=last&q=westinghouse+ceiling
+fans
Have a wonderful time shopping for the best
ceiling fan to cool and beautify the home or
office space!
Why ceiling fans are essential in
the Philippines
Ceiling fans are a staple in many homes in
the Philippines. They are often used to cool
a room down in the summer, and to circulate
warm air in the cooler seasons. Ceiling fans
come in a variety of sizes and can be installed
in almost any room in your home. There are
several reasons why you should consider
adding a ceiling fan to your home.
• Ceiling fans are a great way to save energy
and keep your home cool
• Ceiling fans circulate air, which helps to
improve your home’s air quality
• Ceiling fans can help you to stay comfortable
in your home, even on the hottest days
• Ceiling fans are a great way to add style
and personality to your home
Did you Know: Ceiling fan
rotation can be changed during
cooler seasons
As ceiling fans are helpful for regulating a
room’s temperature, it can also warm and cool
the home by simply changing the rotational
direction of the fan’s blades. In warm weather,
if you want to feel the circulation of air that
provides cooling and evaporative breeze,
adjust the fan setting to counterclockwise
rotation. During cooler seasons, warm
the room by setting the fan on a clockwise
rotation and pushing hot air that has risen to
the ceiling down and recirculating it around
the room.
Types of ceiling fans
There are various types of ceiling fans on
the market. The Hunter Fan Company, for
instance, offers five types of ceiling fans: the
Original Ceiling Fan, the Hampton Bay Ceiling
Fan, the Signature Edition Ceiling Fan, the
Craftsman Ceiling Fan, and the Traditional
Ceiling Fan.
The Original Ceiling Fan is perhaps the most
basic type of fan. It has a simple design and
is usually less expensive than other types
of fans. The Hampton Bay Ceiling Fan is
designed for larger rooms and typically has
more blades than other types of fans. The
Signature Edition Ceiling Fan is a high-end
fan that features a unique design and often
comes with remote control. The Craftsman
Ceiling Fan is also designed for larger rooms
and has a more rustic look than other types
of fans.
How to get the right size of
ceiling fan for your space
When it comes to ceiling fans in the Philippines,
size does matter. Choosing the wrong size of
fan can make your home uncomfortable and
could even be dangerous. Here are a few tips
on how to get the size of the ceiling fan for
your space:
• Determine the square footage of the
room. You can do this by multiplying the
length of the room by the width of the room.
Once you have that number, you can use a
fan sizing chart to find the recommended fan
size for your space.
• Keep in mind that you want to leave
at least 18 inches of clearance between the
fan and any object nearby, like furniture or
windows. Also, make sure that the blades of
the fan will clear any obstacles in the room,
like light fixtures or beams.
• Finally, consider how much noise you
want your fan to make.
How to install a ceiling fan
When it’s time to install a ceiling fan, there are
a few basic steps that you need to follow, and
you need to do it properly. The most important
part of the installation is to make the fan attach
and secure to the ceiling joists or brackets. If
not installed properly, the fan could wobble or
fall, which could cause serious injury.
The first step is to measure the distance from
the floor to the ceiling and mark the spot where
you want to install the fan. You’ll also need to
measure how far apart the ceiling joists are
and mark those spots as well. Then, use a
drill bit that’s slightly smaller than the screws
that came with your fan to make pilot holes in
each of those spots.
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FEATURE STORY
Co Ban Kiat Hardware, Inc.
Ground Floor, Cobankiat Building II
231 Juan Luna St. Binondo Manila, Philippines.
Phone +632 8243-1931
Phone +632 8242-6925
Phone +632 8894-6561 & +638-272-931-981
Email info@cobankiat.com.ph;
ind@cobankiat.com.ph
Coby’s Design Center
Unit 467 level 4 Shangri-La Plaza
Edsa Corner Shaw Boulevard
Mandaluyong City, Philippines
Phone +632 86364895
Where to Buy?
For over 100 years, Co Ban Kiat Hardware Inc. has been the most trusted distributor of
home improvement and hardware items in the Philippines.
#StayAtHome and conveniently shop and order online!
Visit us on the following sites and enjoy deals, discounts, and more!
Lazada Store:
Website: https://shop.cbkhardware.com/
Facebook: https://www.facebook.com/cbkhardware/
Instagram: http://www.instagram.com/cbkhardware
Join our Fast-Growing Viber Community https://bit.ly/39Lngjg
20
About CBK Hardware
For over one hundred years, a family’s surname has become synonymous with the country’s
biggest hardware supply company. Co Ban Kiat Hardware Incorporated of the Cobankiat family
has a regular client network of more than 1,500 industrial organizations, 1,600 traditional
community hardware stores, and 584 home building specialty chains of stores across Luzon
Visayas and Mindanao. This ever-growing conglomerate traces its humble roots to Manila
Chinatown, as a pioneer enterprise started by the family’s patriarch, Mr. Cobankiat, in 1920.
Despite the ruins of World War II, the business got back to its feet in 1948, rebuilding a storefront
from the very same spot where it was known for three decades.
While the Filipinos continued to rebuild their lives post-war, CBK Hardware saw the opportunity
to introduce the retail concept once unheard of in the hardware industry. Cobankiat Hardware
brought the first DIY business in Asia. The Hardware Workshop Store is the fruit of this endeavor.
CBK Hardware further cemented its legendary distribution channel with the creation of Coby’
Design Center in Edsa Shangri La in 1996, a specialty store that caters to the discriminating taste
of modern Filipinos.
In 1997, Mr. Johnny Cobankiat, the 4th generation Cobankiat leader, set another milestone for
the company when he brought the franchise of Ace Hardware USA to the Philippines and signed
up CBK Hardware as one of its major suppliers. This further expanded into delivering quality
world-class products nearer to families of Filipino overseas workers in the countryside.
A century’s excellence can quickly pass, and guided by the vision to be the largest network
supplier of the biggest global brands in the hardware industry, CBK Hardware resolves to source
the best products to supply its customers anytime and every time.
21
FEATURE STORY
LG Launches New Virtual
Platform For Air Solution
Technology
The LG HVAC Virtual Experience Provides Visitors with the Opportunity to Explore a Wide Range of
Residential and Commercial Solutions
As consumers and business have looked to online recourses to help influencer their purchase
decision, virtual experiences have become a key trend. In light of this, LG Electronics
(LG) Home Appliance & Air Solution Company has opened a new online showroom,
LG HVAC Virtual Experience. Utilizing the latest in digital technology, this interactive
online showroom lets visitors get to know LG’s diverse range of residential and commercial indoor
environmental solutions from the comfort and safety of their homes.
The showroom delivers an intuitive, virtual experience that lets visitors view the compa-ny’s latest
solutions in a variety of virtual environments to learn about the benefits they provide, such as greater
comfort, improved indoor air quality and seamless control, all important in helping customers make
informed and important decisions for the family or employees.
24
Upon entering LG HVAC Virtual Experience, visitors can choose from a range of busi-ness and living
space categories: Residential Apartment, Residential Villa, Office Gen-eral, Office High-Rise, Retail
and Hotel. Customers can roam the 3D environments freely using their mouse or touchscreen. Menus
offer additional information on every model, including specifications, features, product videos and case
studies. Simple to use and navigate, LG’s new virtual platform is a great tool for consumers, industry
profes-sionals and partners looking to create healthier and more comfortable indoor spaces.
What’s more, the virtual showroom allows visitors to see the behind-the-scenes details and technologies.
Press the onscreen Airflow and Piping buttons to see how air travels in an air conditioner or air purifier
and how pipes direct water and refrigerant through a system. Virtually switch operational modes and
observe how airflow changes from one air conditioner to another. Beyond the technology and science,
the showroom is also a great place to check out all the products’ stylish designs to see how they match
various virtual interiors.
LG HVAC Virtual Experience is an open, engaging online resource that will give visi-tors a thorough
understanding of LG’s latest, optimized HVAC solutions for all kinds of spaces, helping them figure out
which products are best suited to their specific needs.
Visit LG Virtual HVAC Experience to discover the company’s latest indoor environ-mental comfort
technologies on your PC or smartphone.
About LG Electronics Home Appliance & Air Solution Company
The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home
solutions, air quality systems as well as visionary products featuring artificial intelligence. The company
is creating total solutions for the home with its industry leading core technologies and is committed
to making life better for consumers around the world by developing thoughtfully designed kitchen
appliances, living appliances and air solution products. Together, these products deliver enhanced
convenience, superb performance, efficient operation and compelling health benefits. For more
information, visit www.LG.com.
25
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For the world’s major oil and gas businesses, war and climate
collapse have proven profitable, with financial records revealing
that 28 of the largest producers generated close to $100 billion
in combined profits alone in the first quarter of 2022.
28
29
C O V E R
S T O R Y
For the world’s major oil and gas businesses, war and climate collapse have
proven profitable, with financial records revealing that 28 of the largest producers
generated close to $100 billion in combined profits alone in the first quarter of
2022.
Following Russia’s invasion of Ukraine, oil commodity prices surged, resulting in
$93.3bn in total earnings for major fossil fuel companies from January to March.
During this time, Shell earned $9.1 billion in profit, almost three times as much as
it did in the same period in 2021, while Exxon made $8.8 billion in profit during the
same period, again nearly three times as much as in 2021.
BP’s first-quarter earnings of $6.2 billion were the company’s biggest in a decade,
while Chevron’s grew to $6.5 billion. Texan-based Coterra Energy enjoyed the
highest relative windfall of the 28 businesses, with a 449 percent boost in earnings
to $818 million.
Share buybacks and dividends have been implemented by a number of
corporations as their earnings have skyrocketed, despite the fact that inflation has
been rising in many nations.
CEO Ben Van Beurden of Shell remarked that the macro has been touched by the
situation in Ukraine and that Shell’s performance was “helped” by the macro. He
added that they do have a better firm and a better performance that will certainly
be enjoyed by their shareholders.
In February, BP CFO Murray Auchincloss even said that they’re seeing the
possibility of having too much cash on hand.
What happened to switching to renewables?
Campaigners on the issue of climate change, however, have slammed the earnings
as “obscene” and said that if governments had taken the necessary steps, fossil
fuels would not be so lucrative.
According to advocacy organization Climate Power’s Lori Lodes, the greed of
these firms is astonishing. Inflation and the crisis in Ukraine have enabled their
bosses to boast about how much they’ve been able to hike prices and how profits
from these sales are flowing directly to their bank accounts.
It is shocking to see an increase in profits for the world’s oil firms despite scientists’
warnings that the world must swiftly phase out fossil fuels if it is to prevent unleashing
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C O V E R
S T O R Y
catastrophic heatwaves, droughts, sea-level
rises, and other increasing repercussions of
the climate emergency.
The oil and gas industry’s riches also show that
the destruction of a habitable environment still
generates considerably more revenue than
attempts to sustain it.
As of 2021, the 28 largest oil and gas firms
generated a total of $183.9 billion in profits,
dwarfing numerous big, but ineffective,
climate policies. With the promise of $100
billion a year in aid for developing countries still
unfulfilled and the largest piece of legislation
in US history scuttled by Republicans and the
pro-coal Democratic senator Joe Manchin, it’s
clear that the wealthy countries are not doing
enough to help developing countries cope
with climate change.
According to the International Energy Agency,
no new oil, gas, or coal mines can be built if
the world is to achieve net-zero emissions from
industrial heating by 2050. For the earth to
avoid exceeding a 1.5C temperature increase
over pre-industrial times, which experts say
would bring cascading calamities, almost twothirds
of all recognized oil and gas reserves
must remain in the ground.
US Vice President Joe Biden has complained
that gasoline prices have stayed high despite
a recent drop in oil prices. A new windfall tax
on oil companies, suggested by Democrats
in Congress as a way to help Americans
grappling with increasing living costs, is on
the table.
The majority of the major oil firms now have
their own environmental objectives, such as
Exxon’s January commitment to reduce its own
emissions to zero by 2050. However, instead
of primarily focusing on consumer use of oil
and gas—which accounts for the majority
of pollution, they are mainly concerned with
emissions emanating from the operations of
drilling and delivering them.
Few businesses report on their investments
in sustainable energy sources like wind or
solar electricity or their initiatives to reduce
atmospheric CO2. The companies that do
provide these numbers demonstrate that
these expenditures on environmentally
friendly practices are a relatively small
sidebar, generally only a few percentage
points of total budgets.
High-profile environmentalists, on the other
hand, are concerned about a slew of new
“carbon bomb” oil and gas projects that
might derail international climate targets. In
April, UN Secretary-General António Guterres
remarked that investing in new fossil fuel
infrastructure is moral and economic lunacy.
There is a perception that climate activists
are dangerous extremists. Countries that are
boosting their output of fossil fuels, on the
other hand, are the real radicals.
44
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NEWS
$1.1 Trillion in Energy Savings
Due to Significant Natural Gas
Production in Shale Crescent USA
Region
Natural gas end-users, which include
American households, businesses,
manufacturers, and electric power
generators, have realized $1.1
trillion in savings since 2008 as a result of
increased natural gas production in the Shale
Crescent USA region (Ohio, Pennsylvania and
West Virginia), according to a new economic
analysis released today.
The report, Natural Gas Savings to End-
Users: 2008-2018, A Technical Briefing Paper,
released by Shale Crescent USA (SCUSA) and
the Ohio Oil & Gas Energy Education Program
(OOGEEP), available at OneTrillionSaved.org,
finds that the substantial growth in domestic
natural gas production resulted in more than
$4,000 in savings per household over the tenyear
period for those that use natural gas.
Tied directly to the abundance of affordable
natural gas, residential, commercial, industrial,
and electric power generating sectors in these
three states have realized a combined savings
of more than $90 billion since 2009.
Industrial users in Shale Crescent USA have
realized nearly $25 billion in savings over the
past ten years, increasing the attractiveness for
new manufacturing investments – a conclusion
that aligns with the findings of previous studies
conducted by IHS Markit for Shale Crescent
USA.
“The strength of natural gas and natural gas
liquids production in the Shale Crescent
region, as this report confirms, has made
this region the most profitable place to build
a petrochemical plant, giving manufacturers
here a critical competitive edge,” said Shale
Crescent USA co-founder Jerry James.
“Energy is the catalyst to breathing new life
into American manufacturing and, after years
of challenges, we are excited about the bright
future in store for communities all along the
Shale Crescent.”
Development of the Marcellus and Utica shale
formations in these states is responsible for
one-third of the nation’s natural gas production,
and recent projections show the region will
account for nearly 45 percent by 2040.
48
“The surge of affordable, reliable energy
had an incredibly positive impact on our
operations. The natural gas savings we
realized were the driving force in reducing
operating costs, which allowed Eagle to invest
in new equipment, expand our workforce and
grow as a company,” said Joe Eddy, former
president and CEO of Eagle Manufacturing,
which produces over 750 products from their
Wellsburg, West Virginia site.
The report also demonstrates the dramatic
energy savings delivered to residential
consumers across the country. Low income
households experience some of the most
significant savings, with energy bills for the
lowest 20 percent of incomes, dropping by 30
percent, or $315, since 2008. This would be
similar to a 2.7 percent boost in annual income.
“If Ohio, Pennsylvania and West Virginia were
a country, it would be the world’s third largest
natural gas producer – an accomplishment
due to technology innovation that is unlocking
energy from the Marcellus and Utica shales,
and resulting in growth across the region,”
said Rhonda Reda, Executive Director of the
Ohio Oil & Gas Energy Education Program.
“The savings tied to Ohio natural gas
production have been transformational for all
energy consumers, particularly for low-income
families who spend a disproportionate amount
on energy,”
Key Findings:
Increased production of U.S. natural gas, led
by growth in the Shale Crescent Region, has
led to $1.1 trillion in energy savings nationwide.
Over $90 billion in savings for all natural gas
users in the Shale Crescent Region.
Nearly $25 billion in savings for Shale Crescent
region manufacturers and industrial users.
U.S. households have realized an average of
$4,000 in natural gas savings over the 10-year
period and consumers in the Shale Crescent
region have realized savings approximately
30% higher than the national average.
Energy savings amount to a 2.7% raise for lowincome
families
About Shale Crescent USA:
The Shale Crescent USA economic development
initiative aims to encourage business growth
in Ohio, Pennsylvania and West Virginia. The
multi-stakeholder initiative provides information
and resources for companies looking to launch
or expand business, highlighting competitive
advantages and opportunities to leverage lowcost,
abundant natural gas, unmatched access
to key markets and infrastructure and other
business advantages. For more information,
please visit ShaleCrescentUSA.com.
About Ohio Oil and Gas Energy
Education Program:
The Ohio Oil and Gas Energy Education
Program (OOGEEP) is a non-profit statewide
education and public outreach program.
Created in 1998, OOGEEP provides a variety
of educational, research and public outreach
projects. These programs primarily focus on
economic impact research, STEM programs,
scholarships, firefighter training, industry
safety training, workforce development and
guest speaker programs. OOGEEP is funded
by Ohio’s crude oil and natural gas industry
through an assessment on the production of
all crude oil and natural gas produced in Ohio.
OOGEEP is not a state agency and does not
utilize any taxpayer dollars.
49
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NEWS
Global Internet of Energy
Market to Reach $198.68
billion by 2024
The internet of energy market is expected
to reach $198.68 billion by 2024. The
market is expected to rise at a CAGR of
21.05% from 2019 to 2024. The market
growth is expected to be driven by the rising
concern for energy efficiency, growing market
penetration of decentralized power generation,
as well as the need to prevent cyber-attacks.
Internet of Energy, as a system integrator, helps
in accumulating the complete value chain
within a single operating platform, addressing
specific client-centric challenges, along with
the improvement in overall performance.
Furthermore, the cost-effectiveness feature
of Internet of Energy is gradually driving the
degree of acceptance amongst the energy
companies. The three main advantages that
the deployment of IoE is expected to bring to
the industry are improved reliability, enhanced
operations, and added value in the business.
To address the escalating demand for energy
conservation and energy security, established
industrial Internet of Energy developers and
technology vendors are introducing innovative
solutions. These solutions are focused on
helping the companies across the energy
value chain to mitigate the supply demand
gap, by ensuring high yields, profitability, and
protection of the environment.
The rising demand for increased operational
efficiency to meet the energy requirement
across the globe has propelled the need for
increasing the usage of Internet of Energy.
Moreover, there is an essential concern
for decentralized power generators in the
electricity distribution supply chain to reduce
the electricity demand. The Internet of Energy
market is expected to progress at a healthy
rate in the future, supported by the gradually
growing affinity for consistent energy supply
52
and increasing initiatives for the automation of
oil fields.
According to Rakhi Tanwar, Principal Analyst
at BIS Research, “Upstream, Midstream, and
Downstream are the three streams in the oil
and gas industry for the installation of Internet
of Energy. In 2018, the upstream segment
accounted for more than 60% of the total
Internet of Energy in the oil and gas market.
During the forecast period, the downstream
segment is expected to display the highest
growth of 20.85%, owing to the concerns over
increasing downtime of the refineries and to
maintain the inventories to ensure efficient
distribution.”
Regionally, North America is expected to
remain the dominant market for Internet
of Energy during the forecast period, with
the U.S. being the innovation hub for digital
technologies. However, regions such as Asia-
Pacific, Latin America, and Middle East are
expected to witness a robust growth in the next
five years, owing to the increasing dependence
on decentralized power generation to meet
the electricity demand.
The competitive landscape for the Internet of
Energy market demonstrates an inclination
toward companies adopting strategies such
as partnerships, collaborations, and joint
ventures, as well as product launches and
developments. With the increasing growth in
the global market, companies operating in
this industry are compelled to come up with
collaborative strategies in order to sustain in
the intensely competitive market. For instance,
in May 2018 C3 IoT, Inc. entered into a
partnership with Intel Corporation to meet the
demand for artificial intelligence and Internet
of Things (IoT) enterprise software applications
across the oil and gas industry.
The major established players in the market
are also focusing on product launches and
developments to introduce new technologies
or developing further on the existing product
portfolio. Key players operating in this market
have ramped up their product launch activities
over the recent years, in order to generate
public awareness about their existing and
new products and technologies and compete
with the competitors’ product portfolio. For
instance, in August 2018, IBM Corporation
launched Tririga building insights which use
artificial intelligence for the real-time view of
an enterprise.
This report is a meticulous compilation of
research on more than 70 players in the Internet
of Energy ecosystem and draws upon insights
from in-depth interviews with the key opinion
leaders of more than 40 leading companies,
market participants, and vendors. The report
also profiles 20 leading companies across the
Internet of Energy supply chain. Key profiles
include General Electric Company, Siemens
AG, Schneider Electric, ABB Ltd, Honeywell
International, Rockwell Automation, Ingersoll
Rand Plc, Microsoft Corporation, Cisco
Systems, IBM Corporation, Intel Corporation,
Huawei Technologies, and HCL Technologies,
and Telit Communications PLC, Royal Dutch
Shell PLC, Schlumberger Limited, Equinor
ASA, Actlility S.A, Enel X North America, Inc.,
Kellton Tech Solutions Ltd., and C3 IoT, Inc.
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NEWS
5 Simple Steps to Get Ready for
Overseas Engineering Studies
One of the greatest experiences an
engineering student could have is
studying abroad. The opportunity
to live in another country while
getting an engineering degree is in fact the
major reason why many international students
decide to take this step.
However, to make the transition go smoothly,
there are a few tasks that every student must
complete before they get on the plane and
fly off to their new home. This mainly refers
to compiling all of the necessary paperwork
and making arrangements so you can settle
in nicely. It is important that you do all these
steps in a timely manner in order to avoid
missing deadlines or other serious troubles
along the way.
Fortunately for you, we have decided to help
you in the process and give you a checklist
of everything you need to get done before
your departure. This list will help you avoid
any unnecessary stress and prepare you
thoroughly for your studies abroad.
Gather all necessary documents
The first and the most important step for a
hiccup-free departure is to gather all necessary
documents. This includes everything from
having a valid passport and visa to compiling
all paperwork that is needed for applying to
your new school or university.
Since you will be an international student,
you should make use of certified translation
services for all your personal documents and
other certificates that your new school may
require. In addition, make sure you stay safe
by obtaining good study abroad insurance that
covers any medical services you may need or
travel emergencies you may encounter.
Research your destination
Another important step you should take to
prepare for your departure is to research your
new destination’s culture and people. This is
why you will have an idea of what to expect
56
when you move abroad which will definitely
make your experience even more rewarding
once you are there.
For example, you have two options on how to
do your research. You can either buy a travel
guide or just Google what your soon-to-be
home offers. Read up on any customs, habits
and traditions and feel like a local in no time.
Figure out your finances
Another important thing you should definitely
consider before you fly out is figuring out
your money situation. As a rule of thumb,
you will probably spend more money than
you are planning which is why it is important
to have extra cash available in case of any
emergencies.
There are a few ways you can arrange your
finances before heading off. For example, you
can start by setting up an online account as
it is the easiest way to manage your money
while abroad. This way you will be able to
withdraw cash from ATMs in the local currency
whenever you need to purchase something.
Find accommodation
Next on your checklist is to find accommodation
where you will be staying during your studies.
Depending on your study abroad program,
the school or university you will be attending
may offer you its on-campus housing options.
This is one of the most popular choices for
international students because it is a great
way to save up on traveling expenses.
However, if you don’t like this, you can always
search for your own place outside of the
university campus. You can look for private
apartments on multiple lodging sites and
choose an accommodation that best suits
your needs and preferences.
Prepare to fly out
After completing all of the major tasks, your
next step is to get your plane ticket and pack
your essentials.
For example, when you are booking your flight,
make sure you do it three months before you
actually depart because international flights
tend to be most affordable three to four months
in advance. However, it is a good idea to start
tracking prices early because the longer you
wait to buy, the more expensive your tickets
may be.
As for your essentials, be sure you take a
change of clothes, an adapter and other
important items which you will put in your
carry-on bag.
Final thoughts
If you are a student who is looking for new
adventures, then studying abroad is an
excellent way to enrich yourself with rewarding
experiences. This is the perfect opportunity
to visit and live in another country while
furthering your studies to get an international
engineering degree.
And in order to have the best time, it is
important that you prepare well for your trip.
Gather all necessary paperwork for a smooth
transition and make all arrangements in order
to settle in your new home nicely. To stay on
track, follow the checklist from our guide and
get ready for your studying abroad.
57
N E W S
S T O R I E S
What Exactly Does A
Mechanical Contractor Do?
Have you ever looked at a recent
building and wondered who all
participated in its construction?
Was it a grocery store, an office
or a home? In most cases, it is likely to
be the maximum effort of a mechanical
contractor. Yes, mechanical contractors
are the trailblazer of every construction
project that has ever been worked on.
From hotels to hospitals and universities
to skyscrapers, the mechanical contractor
is involved in the construction process
until the end.
In this article, we will comprehensively
discuss the functions of a mechanical
contractor in a construction project. By
the end of this article, you will be wellversed
with their profession. So if you
ever choose to become a mechanical
contractor shortly, you know where to
begin from. But don’t forget to look at this
article at GoBridgit with all the information
relating to the same.
What Is A Mechanical
Contractor?
Mechanical contractors handle each
mechanical project of an organization.
They are the ones who take responsibility
for most of the essential technical and
installation works. From piping, heating
or cooling systems, plumbing, and
refrigeration, mechanical contractors
look after everything. A few of these
contractors may deliver expertise on a
construction project during production
and installation. On the contrary, many
may provide the work during the ongoing
maintenance and building repair cycle.
60
As such, a mechanical contractor can
come in handy for several reasons in the
construction industry. That is why if you
want to become a mechanical contractor,
you can expect to deal with the critical
aspects of the same.
Elements Of Mechanical
Construction
Mechanical construction is a vast and
impressive industry. The projects here
are available in diverse shapes and
sizes. Whether you want to construct
a small residential home or a largescale
commercial building, mechanical
contractors can help with all of them.
Most people generally have a hard time
figuring out which mechanical contractor
to scout for. As such, you can refer to this.
1. Refrigeration Systems
Any systems that enable the artificial
cooling of a specific place or a system,
usually either transporting the heat around
or moving it from one location to another.
2. Electrical Systems
A series of electrical components that
apply electrical power, distribute and
supply them contains overhead and
underground lines, transformers poles
and other equipment.
3. HVAC Systems
The HVAC system contains cooling air
conditioning equipment, ventilation and
heating.
4. Plumbing
Plumbing contains fittings, pipes and
tanks. It may also avail other significant
elements that control water supply,
building sanitation and heating.
Duties Of A Mechanical
Contractor
During most construction projects,
mechanical contractors are engaged
in trade coordination and creating
a significant collaboration for the
construction project’s success. In
addition, mechanical contractors are
required to cater to stringent timings and
budget obligations. As a result, they must
complete all the mechanical elements
timely and within the specified budget
without delays in trade. Mechanical
contractors are also involved in the
designing of mechanical parts and
installing them on the installation site.
As a result, they frequently depend on
VDC/DIM solutions. This allows teams to
create a structure before they construct
a building virtually. With such techniques,
mechanical contractors can get hold of
any design issues or clashes right on
time. When the work is delivered, it helps
prevent any costly rework that may later
inconvenience the team. Their day-to-day
responsibilities may include administering
staff, delegating tasks to various team
members, monitoring resources and
determining the full scope of electrical
maintenance and construction. You
must also note that many mechanical
contractors offer self-performance while
others subcontract work to third-party
companies. Such a thing requires you
to put additional scheduling on the other
trades.
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N E W S
S T O R I E S
Salary Of A Mechanical
Contractor
Some sources suggest that the average
salary of a mechanical contractor ranges
from nearly $40,000 per year for a project
manager to $89,443 per year for a service
manager. As these numbers keep fluctuating
constantly, it is essential to be up to date with
the salary ranges on various sites.
Job Market Outlook For
Mechanical Construction
In 2007 when the recession hit, some
industries were affected more severely than
the construction business. This made them
slip into a decline and come back in good
health later. Sources suggest that 95%
of contractors today face problems while
looking for skilled workers. Although this
has created a significant challenge for the
construction business, it also introduces a
promising job outlook for budding workers.
As a result, these contractors are high on
demand and growing at exponential rates.
Statistics suggest that many mechanical
specialties, mainely plumbing and HVAC, will
experience quicker employment rates than
other industries from 2018-2028.
Mechanical Contractor Software
Leading contractors have been compelled
to implement a construction management
platform with the complicated nature of
mechanical construction. These come at their
rescue for efficient management of various
construction projects. This is especially
beneficial for mechanical contractors and
helps them in a varied number of ways.
1. It helps take a peek into upgraded
information from anywhere and everywhere.
2. It assists in streamlining field-to-office
communication and lets employees report
any on sight problems within seconds.
3. It also helps track labour production and
fosters the efficient management of teams
and materials.
How To Become A Mechanical
Contractor?
Many people aim at becoming mechanical
contractors. Honestly, it takes far more than
it looks to demand. Mechanical contractors
need the completion of both written and
practical examinations. In addition, in
specific countries such as the United States,
mechanical contractors must acquire a proper
license to operate their expertise.
In many cases, you will also observe that the
candidate finishes a degree in a specific area
of mechanical knowledge. For this purpose,
many companies also outstretch their support
via apprenticeship and job training. If you
want to become a contractor, you must have
excellent communication and management
skills. Also, the ability to manage staff
seamlessly and create good relations with
customers is an inevitable task.
The Bottom Line
Mechanical contractors are essential to carry
out many significant constriction activities.
Without their contribution, the crux of many
construction activities will remain undone.
So the next time you want to know about
mechanical contractors, you can visit this
article all over again.
N E W S
S T O R I E S
Digital Transformation for
Manufacturing & Industrial
Companies
68
Companies responding to digital
disruption inevitably focus on speed
first. They make changes quickly
where it matters most—launching
apps, forming agile squads, deploying
new analytics, and testing innovative digital
business models. The primary objective is to
stay one step ahead of the change. Yet after
an initial phase of success, these promising
digital transformation initiatives too often lose
momentum. On the way to scale and lasting
impact, they run aground on legacy issues
such as aging technology infrastructure,
mismatched operating models, old ways of
working, or cultures resistant to change. This
shows up in our annual survey of more than
1,200 business leaders around the world.
Three years ago, when we asked
respondents to prioritize what it takes to
establish digital leadership, their answers
boiled down to making faster decisions and
executing quickly to create differentiated
offerings. Today, there is a growing realization
that speed on its own isn’t enough. While
moving quickly to differentiate remains
essential, capturing the full value of digital
transformation involves scaling a company’s
best initiatives across the organization
for broad impact. That typically requires
retooling the technology architecture while
also building digital fluency and capabilities
throughout the organization.
The advantage that digital disrupters have
over incumbent companies is that they were
built for purpose. Not only is their underlying
tech infrastructure tailored specifically to
their digital ambition but so is the way they
operate, how they make decisions, and the
way they use technology in their everyday
approach to business.
Competing in a digital world ultimately
means transforming both hard capabilities
(the tech stack) and soft capabilities (the
operating model) to create a business
environment in which change can take
root at scale and strategy is fully enabled
by digital technology. Yet that presents
a fundamental risk: How do you avoid
disrupting your business just when you can
least afford it?
Leadership teams undertaking digital
transformation are starting to figure that
out. Companies have enough experience
at this point that they are seeing creative
ways to build new bridges to the future
without creating traffic jams in the legacy
business. Looking at the most effective
efforts, we’ve identified four patterns of
digital transformation that allow companies
to rebuild and compete at the same time.
1. Laying down the digital
foundations
The first pattern involves companies that
are under pressure to develop new digital
capabilities and are essentially starting from
scratch. The threat is clear and evolving
steadily but has yet to produce a burning
platform for change. Many industrial
companies find themselves in this situation.
Large manufacturers, for instance, have
long used technologies such as robotics
to automate and optimize the production
process. But the industrial application of
data and analytics is evolving into a new
basis of competition. Companies are using
advanced analytics and predictive models
to improve everything from supply chain
management to maintenance and service.
Implementing a new digital infrastructure
requires an entirely new set of foundational
capabilities, particularly around sensors
and analytics used to collect and interpret
relevant information across the company.
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Citic Pacific
Karratha
Orphir Energy
Tanzania
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2. Integrating a fragmented
digital landscape
Companies that fall into this next pattern suffer
from digital fragmentation—that is, they have
no shortage of digital projects bubbling up
across the company, but they lack the ability
to prioritize the most promising initiatives and
scale them across the organization.
This is common among global consumer
goods companies with legacy IT systems
that vary from one geography or function
to another. While they may be doing lots of
innovative things locally to serve customers,
mismatched technology makes it difficult for
the entire company to learn from those ideas
and deploy them.
3. Digital transformation front to
back
The third pattern also confronts the legacy
conundrum in the core business, but the
problem in this case is different. Rather
than a fragmented IT architecture, these
companies have years of accumulated
systems that were built on top of each other
as the business evolved. The resulting tangle
of tech infrastructure ends up being inefficient
and inflexible, slowing down the company’s
reaction time.
4. Launching a new digital
attacker
Sometimes, the magnitude and pace of
disruption in an industry require more change
than an incumbent company can support.
Its size, complexity, or resistance to change
might prevent it from moving fast enough to
remain competitive. Increasingly, the answer
is to launch an entirely new business to
attack opportunities that the core business
cannot. This can be a bold bet that involves
substantial risk. But it’s probably no riskier
than hunkering down behind the moat and
hoping that incremental improvement will be
enough to fend off insurgent competitors.
A digital attacker is both an offensive
and a defensive bet. On offense, it allows
companies to enter a new market with a
tailored, lightweight solution that is free of
legacy baggage. On defense, it gives the
company a fresh value proposition to attract
new customers within its existing market—for
instance, aiming at millennials, students, and
young professionals to build the customer
base of the future.
Finding your way to boldness
These four patterns, of course, can’t capture
the myriad risks and challenges companies
face as they contemplate how best to transform
themselves to compete in a digital world.
They are meant as broad archetypes that
highlight the interplay of practical realities that
any transformation journey entails, especially
during a time of accelerated disruption. They
encourage corporate leaders to consider two
critical factors.
• What is the nature and immediacy of the
digital disruption our industry is likely to face?
• What must change within our technology
stack and operating model to enable the
company to move fast enough to keep pace?
We find that there’s a tendency to
underestimate on both scores: Disruption is
probably happening faster than you think,
and the challenge of transforming a company
to remain competitive is probably harder than
you expect. That tendency too often leads
to incrementalism or a strategy of launching
small digital initiatives that ultimately fail to
move the needle.
The companies that fall into our four patterns
recognize that any successful digital
transformation depends on a balancing act—
namely, the ability to scale meaningful change
without disrupting the core. Every company
finds its own path, but all winning digital
transformations share one thing in common:
a willingness to be bold.
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74% of Manufacturing
CEO are Migrating to
Automation within 2 Years
• 74% of manufacturing CEO and decision-makers surveyed plan to upgrade comms and
control networks in next two years to advance digital transformation and Industry 4.0
• More than 90% of manufacturing CEO are investigating use of 4G/5G for their operations
• 84% of manufacturing CEO are considering 4G/5G will deploy their own local private wireless
network in their manufacturing operations
Nokia has partnered with ABI Research, an independent research firm, to survey more than
600 manufacturing decision-makers to assess investment strategies related to 4G/LTE, 5G
and Industry 4.0.1
The survey found that 74% of respondents are looking to upgrade their communications and
control networks by the end of 2022 with more than 90% investigating the use of either 4G and/
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or 5G in their operations. Just over half of respondents (52%) believe that the latest generation
of 4G/LTE and 5G will be necessary to meet their transformational goals.
The research also identified key business use cases that would drive investment in 4G or
5G. Respondents reflected the need to digitalize and improve existing infrastructure (63%),
automation with robotics (51%) and achieve new levels of employee productivity (42%).
Manish Gulyani, Vice President Marketing, Nokia Enterprise said: “We have reached an
inflection point in Industry 4.0 transformation as the fast, secure, low latency connectivity
underpinning its implementation now becomes available. This research indicates the strong
marketplace appetite for industrial-grade wireless networking to capture the transformational
benefits of digitalization and automation. We believe that demand, combined with easy-todeploy
private wireless solutions, will drive adoption.”
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The research examined near-term drivers influencing buying decisions for
new industrial systems across IT (information technology) and OT (operations
technology). IT drivers primarily focus on reducing downtime (53%), improving
operations efficiency (42%), and enhancing security (36%). In comparison, OT
drivers reflect a desire to replace aging infrastructure (43%), improve efficiency
(40%) and increase capacity (38%).
Further highlights indicate:
• 88% of respondents stated that they were familiar with private wireless
(4G/5G) networking
• 84% that are considering 4G/5G will deploy their own local private wireless
network in their manufacturing operations
• leading priority buying areas are automation and machine upgrades (47%),
IIoT initiatives (41%), with cloud infrastructure following at (37%).
Ryan Martin, Principal Analyst, ABI Research said: “Importantly, research findings
indicate a preference for deploying private fully-owned and operated wireless
networks, with manufacturers favoring in-house management to allay security
concerns. It’s evident that respondents are not entirely committed to Wi-Fi/WLAN
and will consider latest generations of wireless technologies. As a result, 2020
is a critical year for networking suppliers to educate the market regarding the
merits of 4G/LTE and 5G.
“Based on this research we also observe a pan-industry need to quantify not
only the potential ROI of investing in private wireless, but also to clearly indicate
the cost of inaction – vendors need to make the case for investing in Industry 4.0
today to gain a clear competitive advantage over those who choose to wait.”
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Johnson & Johnson Announces
Single-Shot Janssen COVID-19
Vaccine Candidate Met Primary
Endpoints in Interim Analysis of
its Phase 3 ENSEMBLE Trial
Johnson & Johnson (NYSE: JNJ) (the
Company) today announced topline
efficacy and safety data from the
Phase 3 ENSEMBLE clinical trial,
demonstrating that the investigational singledose
COVID-19 vaccine in development at
its Janssen Pharmaceutical Companies met
all primary and key secondary endpoints.
The topline safety and efficacy data are
based on 43,783 participants accruing 468
symptomatic cases of COVID-19.
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The Phase 3 ENSEMBLE study is designed
to evaluate the efficacy and safety of the
Janssen COVID-19 vaccine candidate in
protecting moderate to severe COVID-19,
with co-primary endpoints of 14 days and
28 days following vaccination. Among all
participants from different geographies and
including those infected with an emerging
viral variant, Janssen’s COVID-19 vaccine
candidate was 66% effective overall in
preventing moderate to severe COVID-19,
28 days after vaccination. The onset of
protection was observed as early as day 14.
The level of protection against moderate to
severe COVID-19 infection was 72% in the
United States, 66% in Latin America and 57%
in South Africa, 28 days post-vaccination.
“Johnson & Johnson embarked on the global
effort to combat the COVID-19 pandemic
a year ago, and has brought the full force
of our capabilities, as well as tremendous
public-private partnerships, to enable the
development of a single-shot vaccine. Our
goal all along has been to create a simple,
effective solution for the largest number
of people possible, and to have maximum
impact to help end the pandemic,” said Alex
Gorsky, Chairman, Board of Directors and
Chief Executive Officer, Johnson & Johnson.
“We’re proud to have reached this critical
milestone and our commitment to address
this global health crisis continues with
urgency for everyone, everywhere.”
Highlights
Vaccine Candidate 72% Effective in the US
and 66% Effective Overall at Preventing
Moderate to Severe COVID-19, 28 Days after
Vaccination
85% Effective Overall in Preventing Severe
Disease and Demonstrated Complete
Protection Against COVID-19 related
Hospitalization and Death as of Day 28
Protection Against Severe Disease Across
Geographies, Ages, and Multiple Virus
Variants, including the SARS-CoV-2 Variant
from the B.1.351 Lineage¹ Observed in South
Africa
Single-shot compatible with standard vaccine
distribution channels provides important tool
in pandemic setting
Prevention of severe disease;
protection against COVIDrelated
hospitalization and
death
The vaccine candidate was 85 percent
effective in preventing severe disease across
all regions studied,i 28 days after vaccination
in all adults 18 years and older. Efficacy
against severe disease increased over time
with no cases in vaccinated participants
reported after day 49.
The Janssen COVID-19 vaccine candidate
demonstrated complete protection against
COVID-related hospitalization and death, 28
days post-vaccination. There was a clear
effect of the vaccine on COVID-19 cases
requiring medical intervention (hospitalization,
ICU admission, mechanical ventilation,
extracorporeal membrane oxygenation
(ECMO)), with no reported cases among
participants who had received the Janssen
COVID-19 vaccine, 28 days post-vaccination.
“These topline results with a single-shot
COVID-19 vaccine candidate represent
a promising moment. The potential to
significantly reduce the burden of severe
disease, by providing an effective and welltolerated
vaccine with just one immunization,
is a critical component of the global public
health response,” said Paul Stoffels, M.D.,
Vice Chairman of the Executive Committee
and Chief Scientific Officer, Johnson &
Johnson. “A one-shot vaccine is considered
by the World Health Organization to be the
best option in pandemic settings, enhancing
access, distribution and compliance.
Eighty-five percent efficacy in preventing
severe COVID-19 disease and prevention of
COVID-19-related medical interventions will
potentially protect hundreds of millions of
people from serious and fatal outcomes of
COVID-19. It also offers the hope of helping
ease the huge burden placed on healthcare
systems and communities.”
In the study, the definition of severe COVID-19
disease included laboratory-confirmed
SARS-CoV-2 and one or more of the following:
signs consistent with severe systemic illness,
admission to an intensive care unit, respiratory
failure, shock, organ failure or death, among
other factors. Moderate COVID-19 disease
was defined as laboratory-confirmed SARS-
CoV-2 and one or more of the following:
evidence of pneumonia, deep vein thrombosis,
shortness of breath or abnormal blood oxygen
saturation above 93%, abnormal respiratory
rate (≥20); or two or more systemic symptoms
suggestive of COVID-19.
Protection was generally consistent across
race, age groups, including adults over 60
years of age (N= 13,610), and across all
variants and regions studied, including South
Africa where nearly all cases of COVID-19
(95%) were due to infection with a SARS-
CoV-2 variant from the B.1.351 lineageii.
Multi-continent Study Provides
Clinical Data on Multiple
Emerging Viral Mutations
The ENSEMBLE study results include efficacy
against newly emerging strains of coronavirus,
including some highly infectious variants
present in the US, Latin America and South
Africa. The Phase 3 ENSEMBLE trial is being
conducted at the height of the COVID-19
pandemic in eight countries and three
regions, at a time when disease spread has
accelerated throughout the world resulting
in people having increased exposure to the
virus.
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N E W S
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“These results are a testament to the
extraordinary efforts of everyone involved
in our COVID-19 vaccine candidate clinical
program, and we are extremely grateful to
the clinical trial staff and trial participants for
their invaluable contributions,” said Mathai
Mammen, M.D., Ph.D., Global Head, Janssen
Research & Development. “Changing the
trajectory of the pandemic will require mass
vaccination to create herd immunity, and
a single-dose regimen with fast onset of
protection and ease of delivery and storage
provides a potential solution to reaching as
many people as possible. The ability to avoid
hospitalizations and deaths would change the
game in combating the pandemic.”
Trial participants of the phase 3 ENSEMBLE
study continue to be followed for up to two
years for assessments of safety and efficacy.
Therefore, these data may be updated based
on ongoing analysis. The comprehensive
available data set will be submitted to a peerreviewed
journal in the coming weeks.
Phase 3 ENSEMBLE Study Safety
Data
The analysis included a concurrent review of
the available Phase 3 ENSEMBLE study safety
data by the Data and Safety Monitoring Board
(DSMB), an independent group of experts,
that did not report any significant safety
concerns relating to the vaccine. A review of
adverse events indicated that a single-dose of
Janssen’s COVID-19 vaccine candidate was
generally well-tolerated.
The safety profile was consistent with other
vaccine candidates using Janssen’s AdVac®
technology among more than 200,000 people
to date. Overall fever rates were 9% and Grade
3 fever 0.2%. Overall serious adverse events
(SAEs) reported were higher in participants
who received placebo as compared to the
active vaccine candidate. No anaphylaxis was
observed.
Janssen Vaccine Candidate Access
and Distribution
The Company is committed to bringing an
affordable COVID-19 vaccine on a not-forprofit
basis for emergency pandemic use,
pending regulatory authorizations.
In addition, the Janssen vaccine candidate is
compatible with standard vaccine distribution
channels. If authorized, Janssen’s single-dose
vaccine candidate is estimated to remain
stable for two years at -20°C (-4°F), at least
three months of which can be at temperatures
of 2-8°C (36°F–46°F). The Company will
ship the vaccine using the same cold chain
technologies it uses today to transport other
innovative medicines.
The Company intends to file for U.S. Emergency
Use Authorization (EUA) in early February
and expects to have product available to
ship immediately following authorization. It
expects to share more information on specifics
of deployment as authorizations are secured
and contracts are finalized. The Company’s
anticipated manufacturing timeline will enable
it to meet its 2021 supply commitments,
including those signed with governments and
global organizations.
Phase 3 ENSEMBLE Study Design
The Phase 3 ENSEMBLE study is a randomized,
double-blind, placebo-controlled clinical trial
designed to evaluate the safety and efficacy
of a single-dose vaccine versus placebo in
adults 18 years old and older.
The ENSEMBLE study was designed to
evaluate the safety and efficacy of the Janssen
vaccine candidate in protecting against both
moderate and severe COVID-19 disease, with
assessment of efficacy as of day 14 and as of
day 28 as co-primary endpoints.
Phase 3 ENSEMBLE Study
Demographics
The trial, conducted in eight countries across
three continents, includes a diverse and
broad population including 34% (N= 14,672)
of participants over age 60.
The study enrolled 44% (N=19,302) of
participants in the United States, 41%
(N=17,905) in Central and South America
(Argentina, Brazil, Chile, Colombia, Mexico,
Peru), 15% (N=6,576) in South Africa.
Forty-five percent of participants are female,
55% male.
Among participants globally, 59% are White/
Caucasian; 45% are Hispanic and/or Latinx;
19% are Black/African American; 9% are
Native American and 3% are Asian. In the
United States, 74% are White/Caucasian;
(15% are Hispanic) and/or Latinx; 13% are
Black/African American; 6% are Asian and
1% are Native American.
Forty-one percent of participants in the
study had comorbidities associated with
an increased risk for progression to severe
COVID-19 (overall 41%, obesity (28.5%), type
2 diabetes (7.3%), hypertension (10.3%),
HIV (2.8%); also other immunocompromised
participants were in the study.
Janssen’s Vaccine Technology
The investigational Janssen COVID-19
vaccine candidate leverages the Company’s
AdVac® vaccine platform, which was also
used to develop and manufacture Janssen’s
European Commission-approved Ebola
vaccine regimen and construct its Zika, RSV,
and HIV investigational vaccine candidates.
The Janssen AdVac® viral vector technology
can induce potent and long-lasting humoral
and cellular immune responses, enabling the
pursuit of vaccines for disease targets that
are currently unpreventable or untreatable.
Johnson & Johnson continues to develop
and test its COVID-19 vaccine candidate in
accordance with ethical standards and sound
scientific principles. The Company is committed
to transparency and sharing information related
to its ongoing clinical studies – including the
ENSEMBLE study protocol.
ENSEMBLE has been funded in whole or in
part with Federal funds from the Office of the
Assistant Secretary for Preparedness and
Response, Biomedical Advanced Research
and Development Authority (BARDA), under
Contract No. HHSO100201700018C, and
in collaboration with the National Institute of
Allergy and Infectious Diseases (NIAID), part
of the National Institutes of Health (NIH) at the
U.S. Department of Health and Human Services
(HHS).
Janssen has worked with BARDA since 2015
on innovative solutions for influenza, chemical,
biological, radiation and nuclear threats and
emerging infectious diseases such as Ebola.
In February 2020, Janssen and BARDA began
work on the development of a COVID-19 vaccine
based on Janssen’s AdVac® technology.
The Janssen Pharmaceutical Companies
entered into a collaboration with the Beth Israel
Deaconess Medical Center (BIDMC) to support
the development of the preventive vaccine
candidate for COVID-19.
Janssen’s COVID-19 vaccine program has been
designed to be thorough and driven by science.
As such, the Company is also investigating
immune responses for different doses and
dosing regimens as well as studying a two-dose
regimen of its COVID-19 vaccine candidate for
efficacy in the Phase 3 ENSEMBLE 2 study.
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N E W S
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Top 10 Tips on Conscious
Consumption and
Sustainable Living
We live in an era where consumers
are now more familiar with
sustainable living, saying no to
plastic, going vegan and making
sure to save our environment however we all
need to take a step and begin somewhere. If
you’re one that’s looking to make a change in
your lifestyle but aren’t sure where to begin,
Connect with Nature, a programme that
encourages youth to protect the environment
has embarked on an initiative to conscious
consumption.
It doesn’t cost you any extra or require any
additional time out of your schedules, you
can be in the comfort of your home, by your
office desk, in a classroom, at the beach or
even at the mall and make a difference. Our
environmental enthusiasts bring to you top 10
tips on conscious consumption and how they
choose to live a healthier and sustainable
lifestyle.
You do not need to make a big transformation
overnight or within a week, it takes time to get
used to a change. Our future environmental
ambassadors suggest starting with small
alterations in your lifestyle and gradually making
your way to bigger and better changes.
1. Reduce the Use of Single Use
Plastic
As you may know, one of the main problems
faced in the current generation is the use of
plastic. In a realistic world, there’s no way we
can completely banish out plastic overnight
however, as mentioned earlier starting small
can really make a big difference.
Doua Benhida, Founder of Zero Waste
Collective said, “I have become 100% zero
waste: from grocery shopping where I carry my
own reusable items to saying no to the straw
at restaurants & even carrying my containers
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when I’m out and about for any to go, or
leftover food! I have become aware, more
importantly - being aware about the problem,
will help you in taking action to reduce your
plastic consumption and simply live a more
sustainable lifestyle”.
2. Cut Down on Meat
Consumption
It might come as a surprise to some, but
agriculture is known to be one of the biggest
contributors to climate change. Consuming
lesser meats can be another vital step to living
a healthier and more sustainable lifestyle.
Nadia AlKhatib, Environmental Activist and
Vegan Blogger suggests starting with what’s
on your plate. “Choosing greens over meats
and dairy can be a benefit not only to the
environment but also for your body. A vegan
diet is always recommended however, even
starting by eliminating meats on a daily basis
can be the first big step in saving our natural
resources”.
3. Reduce Food
Waste We totally understand the agony of
seeing something exciting on the menu but
also having your favourite signature meal at
a restaurant and not being able to decide
whether you want to order both meals or one.
Based on a recent research report released by
the Dubai Industrial Park and The Economist
Intelligence Unit, annual food waste in the UAE
is estimated at 197 kg per person, compared
with 95 to 115 kg in Europe and North America,
making food wastage one of the major crisis in
the UAE.
Every time you decide to order additional food
in thoughts of it being insufficient, keep in mind
that food waste eventually ends up at landfill
sites making it decompose or rot and emit
methane gas. Doua Benhida, Founder of Zero
Waste Collective states that she chose to do
composting to reduce the food waste at home,
and take better care of plants, additionally, it
also helps in getting rid of plastic bags in the
kitchen.
4. Support Fair Trade Products
Fairtrade has been shown to increase standards
of living and reduce risk and vulnerability for
farmers and workers. Environmental activist,
Nadia AlKhatib said she chooses fair trade
collections over fast fashion since it is good for
the environment and supports sustainable
farming practices which helps to minimise our
environmental footprint.
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5. Think Before You Purchase
Consider what you really need instead of
want. When buying products, it’s always
mportant to make sure you consider how
long the item would last, would you be able
to recycle, and reuse the product once
you’ve decided to buy it. By consuming
less, you dispose a less amount of waste.
Amruta Kshemkalyani, Environmental
Activist and supporter of Zero waste,
encourages individuals to go for quality
versus quantity products since long lasting
products contribute to lesser disposal on
landfills.
6. Use Public Transportation
Ditch your cars and consider making use
of public transportation, whether it means
catching a train, boarding a bus or even
walking to your destination whenever
possible. By using gas powered cars, you
tend to increase greenhouse gas emissions
which are damaging our planet.
Rasha Saleh, Environmental Conservationist
at Connect with Nature, highly recommends
ditching cars and instead walking to your
destination or using public transportation
whenever required.
7. Make a Present Even More
Memorable
Stressing on what to gift someone
whilst keeping in mind sustainability?
Environmental Expert, Arabella Willing
from Connect with Nature, suggests
gifting memorable experiences rather than
physical products. It’s always exciting to
receive a spa voucher or even a ticket
to a theme park as memories do last
forever.
8. Adopt Don’t Shop
Looking to get a new companion? Say no to
shopping for a pet and instead adopt, this
does not only make you an eco-friendly
pet owner but also helps massively in
protecting stray animals that need your
support and helps save animals being
used for breeding purposes.
9. Reduce Electricity
Consumption
In the Middle East, living without an Air
Conditioner seems impossible. However,
Rasha Saleh, Environment Conservationist
at Connect with Nature, encourages
everyone to make a difference in their daily
lives by switching off all devices and
unplugging wires which aren’t being used.
Electricity Consumption in the Middle East
results to 47% of energy consumption. This
can be reduced by turning off lights when
not required and using power strips to
reduce plug loads.
10. Practice
management: reducing, reusing, recycling,
repurposing and refusing, the closer you
are to living a sustainable lifestyle. Raha
Moharrak, Lifestyle blogger and Adventure
enthusiast says “I believe in being the
change you want to be in the world so I
recycle as much as I can and I’m aware of
my plastic usage, I refuse to use straws and
I reduce my shower time to a responsible
duration, I always close the tap when I’m
brushing my teeth, I use energy
saving bulbs and I’m careful not to buy
inhumanity sourced products. We can
get overwhelmed with all the problems in
the world but trust me your effort makes
a difference, it’s the small things that are
done with big love that matter”.
the 5 R’s The more
you practice the 5 R’s of waste
N E W S
S T O R I E S
3 Ways To Reduce Your
Equipment Maintenance
Cost
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There’s no two ways about it: you spend a lot of money on the equipment you need for
your company. With the costs of the machinery, you don’t want to also be constantly
worrying about your equipment needing repairs. Not only does this cost you money
to have a piece of equipment maintenance, it also costs you money from a lag in the
production timeline.
Continue reading below to learn more about how you can keep your equipment performing at
the highest level.
Maintain The Proper Oil Levels With An Oil Quality Sensor
One key piece that can cause your machine to require a check-up sooner than should be
necessary is from the oil levels not being at the proper amounts. If your machine lacks the right
amount of oil, then the gears will have to work harder and they may start to grind slightly. This
will cause unnecessary wear on your equipment.
With an oil quality sensor you will be able to actively monitor any oil degradation that is taking
place. Using an oil quality sensor can help you save money on the amount of money that you
have to spend on oil as well because many oil changes are charged based upon the oil’s
condition, not on the historical schedule of changes that you’ve completed previously.
Through monitoring your machine’s oil condition, you’ll be able to have a better fundamental
understanding of your machinery and you’ll know when the optimal time is for your oil
change.
Clean Your Equipment Regularly
While this piece of advice may seem fairly obvious, that doesn’t mean that it’s not important.
You need to make sure that you clean your equipment on a regular basis to ensure that
there isn’t a build-up of dirt anywhere in the machine’s system. Preventing a build-up of
excess dirt in moving parts can help to prevent future breakages or a lack of movement. If
there is a lack of movement in one part of the machine, it could begin to cause stress. Any
stress in one part of your equipment can cause another part of the machine to overheat.
Store Your Equipment Correctly
Storage is an important part of making sure that your equipment lasts for a long time without
requiring a lot of maintenance check-ups. This is something that you should look into before
you buy any equipment for your company.
Storing your equipment properly can become especially important if you have a machine
that houses a lot of smaller pieces. Even if your equipment is meant to be used outdoors
and it can withstand harsh conditions, your machinery will still last longer if you store it
appropriately when the machinery is not in use. If your equipment will only ever be used
indoors, be sure to read through some of the user’s manual before you purchase that
equipment so you know you can take care of it correctly.
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