Author: Hithaishi CB

[ hithaishi.cb@mmactiv.com ]

Carbon project development grant to support leading companies in generating high-quality Article 6 carbon credits The Singapore Economic Development Board (EDB) has launched a new grant to support Singapore-based companies carrying out early-stage carbon project development and financing activities that could generate high-quality Article 6 carbon credits. High quality carbon credits that are aligned with Article 6 of the Paris Agreement are one of the viable decarbonisation pathways for hard-to-abate sectors in Singapore. However, the global supply of such credits is limited, with early-stage financing gaps being one of the bottlenecks surfaced by project developers and investors. The new grant,…

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Aims to strengthen markets expansion, fuel innovative product development, and enhance Agrovision’s genetics partnerships, robotics, and AI-powered initiatives Agrovision Corp., the technology driven global superfruit platform, announced the closing of senior secured credit facilities in an aggregate amount of $400 million. Proceeds from the financing, which includes an initial $230 million five-year term loan and a $150 million three-year revolving credit line, will be used to repay outstanding borrowings under the Company’s existing $210 million credit facility and short term credit lines. The remainder of the proceeds will be used to support Agrovision’s expansion including into new markets and categories,…

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The three-day Fair concluded on 9th Nov, attracting some 8,200 trade buyers from 61 countries and regions The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday. The three-day Fair attracted some 8,200 trade buyers from 61 countries and regions. The event attracted some 10,000 visitors aged 18 and above, who enjoyed fine alcoholic beverages from around the world and participated in master classes, tasting sessions, and seminars in the Wine Fiesta zone. Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year’s Fair has attracted more than 8,200…

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Strengthening Market Position by increasing capacity while reducing environmental impact ADAMA Ltd., a global leader in crop protection solutions has opened its new chloralkali production facility. This state-of-the-art plant will supply essential components for the company’s highly regarded active ingredients, Captan and Folpet, used for fungicides to protects crops worldwide. The facility, which has been under construction since 2021, represents a significant investment and highlights ADAMA’s commitment to sustainable practices and increased production efficiency. The facility was built at a cost of tens of millions of dollars and incorporates advanced technology to boost capacity while reducing environmental impact. Hadran Olami,…

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With sustainable logistics, with both companies highly committed to reducing greenhouse gas (GHG) emissions throughout the supply chain Syngenta Crop Protection, a global leader in agricultural innovation, and Maersk, a global integrator of logistics, will extend their fourth-party logistics (4PL) partnership for an additional five years. With the renewed collaboration both companies’ commitment to responsible logistics through continuous supply chain optimization and innovation. A 4PL provider takes third-party logistics further by managing resources, technology, infrastructure, and other logistics providers to design, build, and deliver customised supply chain solutions. This concept is integral to Maersk’s Logistics & Services product offering and…

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To accelerate food security initiatives and advance novel climate-smart agricultural solutions The United States, through USAID, committed $57.4 million, working with Congress, to accelerate food security initiatives and advance novel climate-smart agricultural solutions to reduce global hunger, poverty, and undernutrition. Announced at the 2024 World Food Prize Borlaug Dialogue in Iowa, more than $38 million will support Feed the Future – the U.S. government’s global hunger initiative – Innovation Labs. The Feed the Future Innovation Lab network, including two newly funded labs, will advance technology development and draw on the expertise of top U.S. universities and host country research institutions…

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A climate tech company that offers solutions to reach net zero emissions Greenery, Inc. South Korea (Hq) , the climate tech company providing a range of net-zero consulting services including climate action planning, Life Cycle Assessments (LCA), and climate risk management is building its capabilities on innovative solutions for low-carbon agriculture. In October, Greenery launched ENVION, an LCA software solution which provides detailed insights into the environmental impacts of products throughout their life cycles. Already, ENVION is in the final stages of negotiations with global industry giants. Greenery, Inc. will be hosting a seminar and an exhibition on the topic of…

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Renewable energies, especially solar energy, is an essential building block for achieving climate goals Cube Green Energy, the German renewable energy platform of global infrastructure investor I Squared Capital, today announced an agreement to acquire a majority stake and thus control of SUNfarming. SUNfarming is a leading German photovoltaic (PV) project developer and independent power producer with a focus on PV projects on agricultural land, also known as “Agri-PV”. The merger with the founders of SUNfarming puts Cube Green Energy in a pioneering role in the German Agri-PV market and will release significant synergies. In addition, the company underlines its…

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New variety can produce up to 400% more fruit annually than conventional tomatoes using the same amount of growing space A precision-bred tomato variety that produces up to 400% more fruit over one year than conventional tomatoes could be a breakthrough crop for precision breeding in the UK — and a possible catalyst for a vertical farming boom. Precision breeding company Phytoform Labs has developed the tomato, a miniaturised version of the elite variety Ailsa Craig, which can produce a kilogram of fruit from a plant one sixth of the typical size for tomatoes. The crop is tailored to the needs of…

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Advanced RNA sequencing technologies to support Tropic’s efforts in developing novel solutions for crop improvement and plant health RealSeq Biosciences, a leader in next-generation RNA-fragmentomics and liquid biopsy diagnostics, announced a strategic service agreement with Tropic, an innovative biotechnology company focused on enhancing agricultural productivity and sustainability. The agreement aims to leverage RealSeq’s advanced RNA sequencing technologies to support Tropic’s efforts in developing novel solutions for crop improvement and plant health. “This collaboration with Tropic aligns with our mission to drive innovation in genomics and diagnostics through precision RNA analysis,” said Dr. Barberan-Soler, CEO of RealSeq Biosciences. “By applying our unique RNA-seq technology and services to…

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