Mato Grosso

Laconic and Pro Natura Int'l Sign Memorandum of Understanding with State of Mato Grosso, Brazil, to Meet NetZero 2035 Pledge

Retrieved on: 
Tuesday, September 19, 2023

CHICAGO and SAO PAULO, Sept. 19, 2023 /PRNewswire/ -- Laconic Infrastructure Partners Inc. (Laconic), a leading global provider of environmental intelligence services, and Pro Natura International (PNI), a global non-profit development agency, have signed a Memorandum of Understanding (MOU) with the State of Mato Grosso, Brazil, that will help facilitate the State's commitment to fully decarbonize its economy by 2035, according to the Mato Grosso Carbon Neutral Program. This partnership will make it possible to obtain the funding needed to promote sustainable economic growth. 

Key Points: 
  • The State of Mato Grosso has the largest ongoing decarbonization program in Brazil.
  • The goal of this program is to neutralize greenhouse gas emissions by 2035, well ahead of the UN's 2050 goal.
  • This sustainable development strategy, known as Produce, Conserve, include (PCI) is an investment-ready jurisdictional model designed to meet aggressive targets.
  • This strategic MOU will provide the much-needed ecosystem/environmental accounting, promote sustainable development, and fund socio-economic projects in the State of Mato Grosso.

Laconic Announces Strategic Partnership with Pro Natura International for Global Conservation Projects

Retrieved on: 
Thursday, May 25, 2023

CHICAGO, May 25, 2023 /PRNewswire/ -- Laconic Infrastructure Partners Inc. (Laconic), a leading provider of global environmental intelligence services and sustainable-growth solutions, has entered into a strategic partnership with Pro Natura International (PNI), a global non-profit development agency. Together, the two companies will provide analysis, resourcing and financing for multi-decade Environmental Intelligence, Regenerative Agriculture and Natural Capital Monetization global programs.

Key Points: 
  • -- Leveraging unique SADAR™ Platform, Laconic provides Environmental Intelligence Services to future conservation programs --
    CHICAGO, May 25, 2023 /PRNewswire/ -- Laconic Infrastructure Partners Inc. ( Laconic ), a leading provider of global environmental intelligence services and sustainable-growth solutions, has entered into a strategic partnership with Pro Natura International (PNI) , a global non-profit development agency.
  • I have never seen a company provide all these services under one roof", said Marcelo de Andrade, Founder and Chairman of Pro Natura International.
  • "Working with Laconic also underscores our strategic decision to add a for-profit business model (B Corp.) to the SVP structure.
  • I am confident that our two companies will positively impact all the conservation projects we will be working on soon, starting with Mato Grosso."

Verde achieves C$11.1 million revenue, 76% gross margin and C$2.0 million EBITDA in the first quarter of 2023

Retrieved on: 
Tuesday, May 16, 2023

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce its financial results for the first quarter ended March 31, 2023 (“Q1 2023”).

Key Points: 
  • The Company had an EBITDA of $1,969,000 in Q1 2023, compared to $3,678,000 in Q1 2022.
  • As a result, the weighted average distance of Product delivered increased by 12% in the quarter compared to the previous year, with a $600,000 impact in Q1 2023.
  • Basic loss per share was $0.002 for Q1 2023, compared to earnings of $0.06 for Q1 2022.
  • Sales by volume decreased by 4% in Q1 2023, to 108,000 tonnes sold, compared to 112,000 tonnes sold in Q1 2022, due to the circumstances summarized below.

Bunge Launches Program to Drive Regenerative Agriculture in Brazil

Retrieved on: 
Monday, May 1, 2023

Bunge announced the creation of a regenerative agriculture program to support Brazilian farmers in the transition to low-carbon agriculture, offering technical support, tools, products, and services, while supporting global efforts to minimize greenhouse gas (GHG) emissions.

Key Points: 
  • Bunge announced the creation of a regenerative agriculture program to support Brazilian farmers in the transition to low-carbon agriculture, offering technical support, tools, products, and services, while supporting global efforts to minimize greenhouse gas (GHG) emissions.
  • The regenerative agriculture program already has dozens of large-scale farmers signed up, covering roughly 250,000 hectares (~615,000 acres) of land in the Brazilian States of Bahia, Maranhão, Mato Grosso, Paraná, Piauí, and Tocantins.
  • To implement the program, Bunge has convened a team of partners who share tools and expertise with participants to support to the adoption of regenerative practices in their operations, with a focus on monitoring and measuring progress and monetizing sustainable agriculture.
  • "We are convinced that the program will further strengthen Bunge’s connection with farmers,” says Rossano de Angelis Jr, Vice President of Agribusiness in South America, Bunge.

Meridian Announces C$3.25M (U$2.43M)(1) Brokered Private Placement Financing

Retrieved on: 
Tuesday, November 29, 2022

In connection with the Offering, the Agents will receive 6% cash commission and 3% non-transferable compensation options (each, a "Compensation Option") on the gross proceeds of the Offering.

Key Points: 
  • In connection with the Offering, the Agents will receive 6% cash commission and 3% non-transferable compensation options (each, a "Compensation Option") on the gross proceeds of the Offering.
  • Each Compensation Option will entitle the holder thereof to acquire one common share at the Issue Price for a period of 24 months from the closing of the Offering.
  • 1FX Rate as of November 25, 2022, as per the Bank of Canada (https://www.bankofcanada.ca/rates/exchange/daily-exchange-rates/) (C$/U$) = 1.3377.
  • Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil.

Adecoagro reported Adjusted EBITDA in 2Q22 of $118 million, 16.7% higher year-over-year.

Retrieved on: 
Thursday, August 11, 2022

Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.

Key Points: 
  • Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.
  • Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $104.4 million in 2Q22 and $161.6 million in 6M22, marking a year-over-year increase of 41.8% and 22.7%, respectively.
  • EBITDA per ton crushed amounted to 31.6 USD/Tn in 2Q22 and 45.3 USD/Tn in 6M22, 49.2% and 90.9% higher compared to the same period of last year, respectively.
  • Lower Adjusted EBITDA generation was driven by our Rice and Crops businesses, which fully offset the improved performance in our Dairy business.

Acquisition of Nativa to Expand Agricultural Input & Service Business in Brazil

Retrieved on: 
Tuesday, July 19, 2022

(collectively, "Nativa"), an agricultural supplies distributor in southeastern Brazil, to acquire all shares of Nativa to make it a wholly owned subsidiary.

Key Points: 
  • (collectively, "Nativa"), an agricultural supplies distributor in southeastern Brazil, to acquire all shares of Nativa to make it a wholly owned subsidiary.
  • Brazil boasts the world's fifth largest export value of agricultural products, with soybeans, corn, sugarcane, coffee, oranges, and beef.
  • Established in 2000, Nativa is an agricultural supplies distributor with eight locations and a fertilizer manufacturing facility in the state of Minas Gerais, located in southeastern Brazil.
  • From a global strategy perspective, Sumitomo Corporation has positioned agriculture as one of its next-generation growth fields and "Agricultural Input & Service" as a steady business growth category.

Oxitec Completes Successful Season of Friendly™ Fall Armyworm Deployments on Large, Commercial-Scale Farms in Two Corn-growing Regions in Brazil

Retrieved on: 
Tuesday, July 12, 2022

Releases of Friendly fall armyworm can lead to targeted reduction of a major global pest of corn, and can also protect the durability of biotech crops against the threat of fall armyworm resistance.

Key Points: 
  • Releases of Friendly fall armyworm can lead to targeted reduction of a major global pest of corn, and can also protect the durability of biotech crops against the threat of fall armyworm resistance.
  • CAMPINAS, Brazil and OXFORD, England, July 12, 2022 /PRNewswire/ -- Oxitec Ltd, a leading developer of biological pest control solutions, announces the successful completion of the second large-scale pilot season of the Friendly fall armyworm.
  • These operational pilot deployments move the Friendly fall armyworm solution closer towards commercialization in Brazil.
  • Bruno Conti, Fundao MT's Head of R&D, said that "We are pleased to report another successful pilot season of the Friendly fall armyworm through the partnership between Oxitec and Fundao Mato Grosso.

Oxitec Completes Successful Season of Friendly™ Fall Armyworm Deployments on Large, Commercial-Scale Farms in Two Corn-growing Regions in Brazil

Retrieved on: 
Tuesday, July 12, 2022

Releases of Friendly fall armyworm can lead to targeted reduction of a major global pest of corn, and can also protect the durability of biotech crops against the threat of fall armyworm resistance.

Key Points: 
  • Releases of Friendly fall armyworm can lead to targeted reduction of a major global pest of corn, and can also protect the durability of biotech crops against the threat of fall armyworm resistance.
  • CAMPINAS, Brazil and OXFORD, England, July 12, 2022 /PRNewswire/ -- Oxitec Ltd, a leading developer of biological pest control solutions, announces the successful completion of the second large-scale pilot season of the Friendly fall armyworm.
  • These operational pilot deployments move the Friendly fall armyworm solution closer towards commercialization in Brazil.
  • Bruno Conti, Fundao MT's Head of R&D, said that "We are pleased to report another successful pilot season of the Friendly fall armyworm through the partnership between Oxitec and Fundao Mato Grosso.

DSM acquires Brazil's leading animal nutrition technology company to boost precision services offering

Retrieved on: 
Tuesday, June 7, 2022

HEERLEN, Netherlands, June 7, 2022 /PRNewswire/ -- Royal DSM, a global purpose-led science-based company, announces it has reached an agreement to acquire Prodap, a Brazilian animal nutrition and technology company that combines technology offerings, consulting services, and customized nutritional solutions to drive efficiency and sustainability in animal farming.

Key Points: 
  • HEERLEN, Netherlands, June 7, 2022 /PRNewswire/ -- Royal DSM, a global purpose-led science-based company, announces it has reached an agreement to acquire Prodap, a Brazilian animal nutrition and technology company that combines technology offerings, consulting services, and customized nutritional solutions to drive efficiency and sustainability in animal farming.
  • Prodap combines nutrition, consultancy, and technology services to optimize ruminant farming operations.
  • Ivo Lansbergen, EVP DSM Animal Nutrition & Health, commented: "The need for sustainable animal farming has never been greater or more urgent.
  • Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet.