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What’s Next in Outdoor Living?

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WINCHESTER, Va., Jan. 20, 2020 — The popularity of outdoor living spaces has never been higher and the appeal of the great outdoors seems to keep getting greater with homeowners across the country investing more time and money into their outdoor spaces. As the world’s largest manufacturer of wood-alternative decking and railing, and leader in high-performance, low-maintenance outdoor living products, Trex Company keeps a finger on the pulse of this rapidly growing industry. Based on input from internal experts and insights from dealers, contractors and industry insiders, the company has, once again, compiled its annual Outdoor Living Forecast predicting design trends for 2020 and beyond.

“It’s always fascinating to compare the trends reported by our customers with those projected by the industry at large,” notes Leslie Adkins, vice president of marketing for Trex Company. “This year, we added insights from two high-profile design and lifestyle experts – Alison Victoria and Evette Rios – to the mix. Their perspectives helped to reinforce our predictions and take our forecast to a whole new level.”

Following are 10 trends that will influence outdoor living as we begin a new decade of design:

1.  Mixed Materials

Say so long to matchy, matchy and monochromatic. 2020 is the year to mix it up – both indoors and out. Add visual interest to an outdoor space by juxtaposing materials such as concrete and composite, wicker and aluminum, copper and stone. Integrate nature-inspired materials that maintain cohesion with the natural surroundings, and infuse color and pattern with pillows, cushions, furnishings and decorative accents.

2.  Industrial Inspiration

As homeowners increasingly find inspiration for their outdoor spaces in commercial settings, like upscale hotels and restaurants, there is a growing shift toward sleek, contemporary designs and materials, larger expanses of glass, smooth surfaces, and clean lines. Outdoors, this trend is manifesting in more commercially inspired railing styles. Trex Signature® Railing, for instance, features a range of minimalist, yet sturdy, aluminum options, including rod rail, glass panels and mesh inserts – designed to optimize sightlines and deliver a modern, industrial flair.

3.  Cladding

Another commercial-to-residential trend is the use of cladding, which is growing in popularity across the country. Functionally, cladding provides a protective rainscreen to a home or outdoor living area, while also improving curb appeal. Modern exteriors with clean lines and simple designs are among those attributes most commonly requested by homebuyers and homeowners with a particular emphasis on wood looks. For those seeking the aesthetics of wood cladding without the hassles of constant upkeep, composite cladding offers a high-performance, low-maintenance alternative.

“Anyone who follows my work knows that I’m all about cladding. I’m also all about the ease and aesthetics of Trex composite boards,” says Victoria, host of HGTV’s ‘Windy City Rehab.’ “I use Trex for all of my cladding applications – and even have it on my own deck at home. It is fresh and distinctive and lends a modern interior aesthetic to an outdoor space.”

4.  Outdoor Kitchens

As the foodie phenomenon continues to thrive, homeowners are increasingly making room – both in their budgets and floorplans – for outdoor kitchens. In recent years, outdoor cooking areas have evolved from stand-alone grills to fully appointed spaces with specialty appliances ranging from smokers and side burners to pizza ovens and integrated refrigerated storage. Capturing this trend is the new Trex® Outdoor Kitchens collection. The luxurious lineup features stainless steel cabinetry solutions in color and style options that allow designers and homeowners to create functional spaces that rival interior kitchens – all crafted to withstand and endure exposure to the elements.

5.  Vertical Gardens

Among the biggest trends for 2020 is natural greenery. Installing a vertical garden or ‘living wall’ outside your home can give you plenty of extra space for growing your favorite plants while also serving as an attractive, artful addition to your deck. There are numerous plans, tips and tutorials available online for designing and building a vertical garden. For optimal structural support and aesthetics, Trex® Cladding is an ideal choice for these projects, delivering premium aesthetics with all the durability, low-maintenance and eco-friendly benefits of Trex decking.

6.  Fire Features

The allure of flickering flames from an outdoor fire are hard to rival or resist, which is why fire features will continue to be ‘hot’ this season. Available in a variety of shapes, sizes and finishes, fire features add warmth, ambience and a touch of drama to any deck or patio. Fire pots, such as those in the new Trex® Outdoor Fire & Water collection, can be positioned almost anywhere to create a cozy gathering spot – or combined in a series to provide an ambient boundary for larger outdoor areas. For even greater visual impact, a fire table can serve as a focal point and elevate the luxury and comfort of an outdoor space. Whether a warm summer evening or a cold winter night, a fire feature can make it feel like it’s a good idea to be outside any time of the year.

7.  Soothing Water

Few outdoor elements elicit the same reaction as a well-placed water feature. The soothing sound of trickling water conjures calm and can set a relaxed tone and atmosphere. It can also act as a charming focal point for a backyard and can tie together an entire landscape. In addition to distinctive fire elements, the new Trex® Outdoor Fire & Water collection features a range of water spillways and water bowls made of premium-grade copper and stainless steel, and expertly engineered to ensure smooth water flow and optimal aesthetics to add beauty and tranquility to any outdoor space.

“Fire and water are all the rage right now for outdoor spaces,” emphasizes Rios, lifestyle expert and TV personality. “These elements not only take a space to the next level, they connect the space to its natural surroundings. Even in an urban setting, these elements add a sense of tranquility that can make you feel like you’re a million miles away.”

8.  Creative Privacy

Urban outdoor spaces and smaller yards will benefit from big imaginations and clever innovations in 2020. Inspired by home improvement TV and magazines, look for design-savvy, yet space-constrained, homeowners to employ inventive uses of screening, fencing, all-weather curtains, and lattice to maximize area and privacy in creative ways. 

9.  Bonus Space

If you have a raised deck, there is undoubtedly some open space underneath. While, historically, this space has been used for storage, the design trend for 2020 is to turn it into bonus living space by installing a deck drainage system. Designed to divert water away from a deck, systems such as Trex® RainEscape® create dry space beneath an elevated deck that can be outfitted with everything from furniture and accessories to lighting fixtures, ceiling fans and entertainment components. This deck feature allows homeowners to maximize their space and provides convenient cover from the sun and rain.

10. Year-Round Retreats

As outdoor living continues to gain popularity across all regions, homeowners are becoming more willing to invest in elements that will extend the use of their outdoor spaces past sunset and past the traditional outdoor living season. Deck lighting incorporated into railings, post caps and stairs can increase safety and ambience while also extending the time that homeowners can spend outdoors. Pergolas, patio umbrellas and misters offer respite and refreshment on hot, sunny days. When temperatures drop, heating features, cozy throws and protective screens can provide welcome warmth and allow for use and enjoyment of an outdoor space all year long.

For more outdoor living ideas and inspiration, visit https://www.trex.com/deck-ideas. For more information about high-performance, low-maintenance Trex products, go to www.trex.com.

About Trex Company

Trex Company is the world’s largest manufacturer of high performance wood-alternative decking and railing, with more than 25 years of product experience. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as an environmentally responsible choice. For more information, visit trex.com. You also can follow Trex on Twitter (@Trex_Company), Instagram (@trexcompany) Pinterest (trexcompany), or Houzz (trex-company-inc), “like” Trex on Facebook, or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo).

About Trex Licensed Products

  • Trex® Outdoor Furniture™ products are manufactured and sold by Poly-Wood LLC, under a Trademark License Agreement with Trex Company, Inc.
  • Trex® Outdoor Kitchens™ products are manufactured and sold by CT Acquisitions LLC., under a Trademark License Agreement with Trex Company, Inc.
  • Trex® Outdoor Fire & Water products are manufactured by Custom Molded Products LLC, under a Trademark License Agreement with Trex Company, Inc.
  • Trex® LatticeWorks is manufactured and sold by Rhea Products, Inc. d/b/a Acurio Latticeworks, under a Trademark License Agreement with Trex Company, Inc.
  • Trex® RainEscape® products are manufactured and sold by Dri-Deck Enterprises, LLC under a Trademark License Agreement with Trex Company, Inc.
  • Trex® Pergola products are manufactured and sold by Structureworks Fabrication under a Trademark License Agreement with Trex Company, Inc.

All product warranties are provided by the respective manufacturers.

Contact: Lindsey Lucenta or Sara Tatay                L.C. Williams & Associates 800/837-7123 or 312/565-3900 [email protected] or [email protected]

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cbf8d8f4-6265-4ea3-b855-856c6270fac8

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CNOOC Limited Announces Commencement of Production at Liuhua 16-2 Oilfield / 20-2 Oilfield Joint Development Project

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HONG KONG, Sept. 20, 2020 /PRNewswire/ — CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Liuhua 16-2 oilfield/ 20-2 oilfield joint development project has commenced production.

Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in Eastern South China Sea. The average water depth of the joint development project is approximately 410 meters.  One 150,000 DWT FPSO and three underwater production systems are newly built. A total of 26 development wells are planned to be put into production and development. The project is expected to reach its peak production of approximately 72,800 barrels of crude oil per day in 2022.

CNOOC Limited holds 100% interest of Liuhua 16-2 oilfield/ 20-2 oilfield joint development project.

– End –

Notes to Editors:

More information about the Company is available at http://www.cnoocltd.com.

*** *** *** ***

This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements regarding expected future events, business prospectus or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate under the circumstances. However, whether actual results and developments will meet the expectations and predictions of the Company depends on a number of risks and uncertainties which could cause the actual results, performance and financial condition to differ materially from the Company’s expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, macro-political and economic factors, changes in the tax and fiscal regimes of the host countries in which we operate, the highly competitive nature of the oil and natural gas industry, the exploration and development activities, mergers, acquisitions and divestments activities, environmental responsibility and compliance requirements, foreign operations and cyber system attacks.  For a description of these and other risks and uncertainties, please see the documents the Company files from time to time with the United States Securities and Exchange Commission, including the Annual Report on Form 20-F filed in April of the latest fiscal year.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

For further enquiries, please contact:

Ms. Jing Liu
Manager, Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-3404
Fax: +86-10-8452-1441
E-mail: [email protected]

Ms. Ada Leung 
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Fax: +852-2576-1990
E-mail: [email protected]

Photo – https://photos.prnasia.com/prnh/20200911/2914374-1LOGO?lang=0

 

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Odonate Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadline – ODT

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NEW YORK, Sept. 19, 2020 — Pomerantz LLP announces that a class action lawsuit has been filed against Odonate Therapeutics, Inc.  (“Odonate” or the “Company”) (NASDAQ: ODT) and certain of its officers.   The class action, filed in United States District Court for the Southern District of California, and docketed under 20-cv-01828, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Odonate securities between December 7, 2017, and August 21, 2020, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Odonate securities during the class period, you have until November 16, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Odonate was founded in 2013 and is based in San Diego, California.  Odonate is a pharmaceutical company that develops therapeutics for the treatment of cancer.  The Company is focused on developing tesetaxel, an orally administered chemotherapy agent. 

Tesetaxel is in Phase 3 clinical study for patients with locally advanced or metastatic breast cancer (“MBC”), called the CONTESSA trial, which is evaluating tesetaxel in combination with capecitabine in patients with MBC.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational, and compliance policies.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) tesetaxel was not as safe or well-tolerated as the Company had led investors to believe; (ii) consequently, tesetaxel’s commercial viability as a cancer treatment was overstated; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On August 24, 2020, during pre-market hours, Odonate issued a press release announcing top-line results from the CONTESSA trial.  Although the study met its primary endpoint, tesetaxel plus capecitabine was associated with Grade 3 or higher neutropenia (low levels of white blood cells), which occurred in 71.2% of patients with the combination treatment versus 8.3% for capecitabine alone.  Various other Grade 3 or higher treatment-emergent adverse events (“AEs”) were also associated with tesetaxel plus capecitabine versus capecitabine alone.  Further, discontinuation rates were 4.2% from neutropenia and 3.6% from neuropathy, and the overall discontinuation rate was 23.1% in the treatment group compared to 11.9% in the capecitabine alone group.

On this news, Odonate’s stock price fell $15.21 per share, or 45.35%, to close at $18.33 per share on August 24, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT: Robert S. Willoughby Pomerantz LLP [email protected]

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Fastly, Inc. of Class Action Lawsuit and Upcoming Deadline – FSLY

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NEW YORK, Sept. 19, 2020 — Pomerantz LLP announces that a class action lawsuit has been filed against Fastly, Inc.  (“Fastly” or the “Company”) (NYSE: FSLY) and certain of its officers.   The class action, filed in United States District Court for the Northern District of California, and docketed under 20-cv-06454, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Fastly securities between May 6, 2020, and August 5, 2020, inclusive (the “Class Period”) and were damaged thereby, seeking to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and SEC Rule 10b-5 promulgated thereunder (the “Class”).

If you are a shareholder who purchased Fastly securities during the class period, you have until October 26, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Fastly is the provider of an edge cloud platform. Fastly’s edge cloud platform purportedly enables “customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing [its] customers’ applications as close to their end-users as possible.”

The complaint alleges that during the Class Period, Defendants knowingly and/or recklessly made false and/or misleading statements about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (i) that Fastly’s largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials; (ii) that there was a material risk that Fastly’s business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government; and (iii) that, as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 5, 2020, after market close, Fastly held its second quarter (“Q2”) 2020 earnings conference call. During the call, Defendants disclosed that ByteDance, the Chinese company that operates the wildly popular mobile app TikTok, was Fastly’s largest customer in Q2 2020 and that TikTok represented about 12% of Fastly’s revenue for the six months ended June 30, 2020.

This news shocked the market, as TikTok had been under heavy scrutiny by U.S. officials and others since at least late 2019 due to fears that the data it collects from its users could be accessed by the Chinese government. Indeed, on July 31, 2020, President Trump announced a plan to ban TikTok in the U.S. over national security concerns. As Fastly’s Chief Executive Officer (“CEO”) admitted on the Q2 2020 earnings call, “any ban of the TikTok app by the US would create uncertainty around our ability to support this customer[,]” and “the loss of this customer’s traffic would have an impact on our business.”

On this news, Fastly’s share price fell $19.28 per share, or approximately 17.7% from the previous trading day’s closing price of $108.92 per share, to close at $89.64 per share on August 6, 2020. Fastly’s shares continued to decline on August 6, 2020, when President Trump issued an executive order effectively banning TikTok, declining another $10.31 per share from the closing price on August 6, 2020, or approximately 11.5%, to close at $79.33 per share on August 7, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT: Robert S. Willoughby Pomerantz LLP [email protected] 888-476-6529 ext. 7980

 

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