Fertilizer

Transformative Power of Technology: Digital Transformation Summit 2024 Set to Redefine South Africa's Tech Landscape

Retrieved on: 
Friday, March 8, 2024

The much-anticipated Digital Transformation Summit is set to take place on March 15, 2024, at the prestigious Sandton Convention Centre.

Key Points: 
  • The much-anticipated Digital Transformation Summit is set to take place on March 15, 2024, at the prestigious Sandton Convention Centre.
  • The 27th Edition of the Digital Transformation Summit, South Africa, aims to delve deep into how organizations are embracing digital transformation, navigating challenges across various technologies, and bolstering cybersecurity measures.
  • Dr. Thabiso Njongwe, Chief Digital Transformation Officer, Absa Group, will discuss "Sustainable Digital Shift in South Africa: Challenges, Opportunities, and Inclusivity."
  • Join us at the Digital Transformation Summit South Africa on March 15th at the Sandton Convention Centre to be part of this transformative event.

NEC and Sumitomo Corporation Sign Strategic Partnership Agreement to Expand Global Sales of the CropScope Agricultural ICT Platform

Retrieved on: 
Monday, March 4, 2024

TOKYO, Mar 4, 2024 - (ACN Newswire) - NEC Corporation (TSE: 6701) and Sumitomo Corporation (Sumitomo) have signed a strategic partnership agreement to expand global sales of NEC's agricultural ICT platform CropScope.

Key Points: 
  • TOKYO, Mar 4, 2024 - (ACN Newswire) - NEC Corporation (TSE: 6701) and Sumitomo Corporation (Sumitomo) have signed a strategic partnership agreement to expand global sales of NEC's agricultural ICT platform CropScope.
  • Based on this partnership, NEC and Sumitomo aim to develop markets mainly in South America and the ASEAN region by utilizing Sumitomo's global network.
  • Through this partnership, CropScope is initially being introduced on a trial basis to major sugar companies in Thailand and Brazil.
  • Through this partnership, Sumitomo will utilize its global network to expand CropScope's sales area to Thailand, Brazil, and India, aiming for business growth.

Itronics Updates Investors - Announces Plan to Activate Auric Gold & Minerals, Inc.

Retrieved on: 
Thursday, February 29, 2024

Itronics believes its subsidiaries, each based on their own unique Intellectual Property (IP) can generate interest from crowdfunding investors.

Key Points: 
  • Itronics believes its subsidiaries, each based on their own unique Intellectual Property (IP) can generate interest from crowdfunding investors.
  • This timing is very opportunistic for Itronics due to forecasted increases in silver and gold prices for 2024 and future years.
  • Plan to Activate and Fund Auric Gold & Minerals, Inc.
    Itronics owns a majority interest in Auric Gold & Minerals, Inc. (“Auric”) through its wholly owned Technical Services subsidiary Whitney & Whitney, Inc.  Auric controls a large mineral land package consisting of 148 lode mining claims (almost 3,000 acres) called the Auric Fulstone Project in the Yerington Mining District near Yerington, Nevada.
  • Itronics believes that the steps being taken will produce a significant increase in value to its shareholders through its Auric ownership.

Save Foods: NTwo Off Filed US Patent Application to Reduce Greenhouse Gas Emissions in Wheat Production

Retrieved on: 
Thursday, February 22, 2024

The patent application represents NTwo Off’s goal to assist in mitigating the environmental impact of agriculture, specifically targeting the reduction of nitrous oxide (N2O) emissions in wheat farming.

Key Points: 
  • The patent application represents NTwo Off’s goal to assist in mitigating the environmental impact of agriculture, specifically targeting the reduction of nitrous oxide (N2O) emissions in wheat farming.
  • The patented technology refers to methodologies of effectively mitigating nitrous oxide emissions during wheat cultivation.
  • By implementing this innovative approach, NTwo Off hopes to reduce farmers' environmental footprint while enhancing their sustainability of operations.
  • NTwo Off has identified and isolated two naturally occurring bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots.

CVR Partners Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Distribution of $1.68

Retrieved on: 
Tuesday, February 20, 2024

Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.

Key Points: 
  • Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.
  • EBITDA was $38 million for the fourth quarter of 2023, compared to EBITDA of $122 million for the fourth quarter of 2022.
  • CVR Partners announced that the Board declared a fourth quarter 2023 cash distribution of $1.68 per common unit, which will be paid on March 11, 2024, to common unitholders of record as of March 4, 2024.
  • CVR Partners previously announced that it will host its fourth quarter and full-year 2023 Earnings Conference Call on Wednesday, February 21, at 11 a.m. Eastern.

Titan Announces Another Record Year for Production and Safety, Provides 2024 Guidance and Update on Kilbourne Graphite Target

Retrieved on: 
Tuesday, February 20, 2024

Produced a record 61.0 million payable pounds of zinc in 2023, a 16 % increase over the record set in 2022.

Key Points: 
  • Produced a record 61.0 million payable pounds of zinc in 2023, a 16 % increase over the record set in 2022.
  • Announced the discovery of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on permitted lands.
  • 2023 production is preliminary and subject to change when the Company releases its Q4 2023 and audited full-year 2023 financial and operating results in March 2024.
  • Production guidance for 2024 is estimated between 56-60 million pounds of payable zinc.

LSB Industries, Inc. Reports Operating Results for the 2023 Fourth Quarter and Provides Product Sales Volume Outlook for 2024

Retrieved on: 
Tuesday, March 5, 2024

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.
  • Total cash and short-term investments of approximately $306 million as of December 31, 2023
    This is a Non-GAAP measure.
  • “Our fourth quarter results were consistent with our expectations," stated Mark Behrman, LSB Industries’ President and CEO.
  • Our fourth quarter results benefited from increased production and sales volumes of downstream products reflecting improved manufacturing operations.”
    "Our continued focus on safety resulted in a TRIR of 0.33 for the year representing 'world class' performance.

ICL Accelerating Biologicals Portfolio Growth in Brazil with Strategic Acquisition

Retrieved on: 
Wednesday, February 28, 2024

ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Nitro 1000, a manufacturer, developer and provider of biologicals in Brazil for approximately $30 million.

Key Points: 
  • ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Nitro 1000, a manufacturer, developer and provider of biologicals in Brazil for approximately $30 million.
  • This acquisition marks another meaningful step into the biologicals market, while expanding ICL’s product offerings and positioning the company for further expansions into new and adjacent end-markets.
  • Nitro 1000 will immediately join the ICL product portfolio, and the company will begin selling to its existing customer base in Brazil.
  • In Brazil, ICL currently has more than 1,700 employees, and the country represented approximately 20% of sales in 2023.

Market of Choice Introduces Carbon-Neutral Beef from Royal Ranch

Retrieved on: 
Monday, February 26, 2024

Independent, family-owned Market of Choice is Oregon’s first grocer to partner with Royal City, Washington-based Royal Ranch , a leader in regenerative agriculture, to bring its carbon-neutral beef to market.

Key Points: 
  • Independent, family-owned Market of Choice is Oregon’s first grocer to partner with Royal City, Washington-based Royal Ranch , a leader in regenerative agriculture, to bring its carbon-neutral beef to market.
  • Market of Choice customers can now enjoy their preferred USDA Choice cuts from Royal Ranch, available in its full-service and self-service meat departments at all 11 stores statewide.
  • “Market of Choice is the perfect partner to introduce our carbon-neutral beef to Oregonians,” says Austin Allred, owner of Royal Ranch.
  • Royal Ranch is creating a scalable system aimed at cultivating quality sustainable food for the masses, reshaping the future of farming for a healthier planet and better-nourished communities.”
    In February, Market of Choice is hosting media events in Eugene and Portland, Oregon, offering opportunities to learn more about regenerative agriculture and interview representatives from Market of Choice and Royal Ranch.

BioConsortia Expands Nitrogen-fixing Microbial Products for Row Crops to New Territories and New Product Concepts based on Extended Shelf, On-seed Life

Retrieved on: 
Tuesday, February 20, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240220242518/en/
    BioConsortia's Nitrogen Fixing microbes (shown in green) survive on corn seed for up to 2 years.
  • After planting, they colonize the germinating seedling and grow alongside the corn roots, fixing nitrogen in the root zone throughout the season.
  • “We can offer the extended shelf- and seed-life products because our platform is focused on Gram-positive microbes,” explained Dr. Hong Zhu, SVP of R&D at BioConsortia.
  • “We made our job as microbial product designers much more complex because Gram-positive microbes are not generally known for their nitrogen-fixing functionality.