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Easy Environmental Solutions' EasyFEN™ Deployment in Africa
Prism Media Wire· 2025-08-14 20:20
Core Insights - Easy Environmental Solutions Inc. has secured a full down payment for its first EasyFEN™ waste-to-microbial fertilizer units, with Kenya as the initial deployment site, marking a strategic entry into Africa's $381 billion fertilizer market [1][5] - The initiative aims to tackle food insecurity and soil degradation in Africa, with plans for widespread adoption of Terreplenish® across the continent by 2027 [5][6] Group 1: Strategic Deployment and Market Entry - The initial deployment in Kenya follows a full down payment on a $3.4 million contract [5] - This deployment positions the company to tap into Africa's segment of the global fertilizer market, which is valued at $381 billion [5] - The initiative addresses critical needs such as food insecurity and soil degradation in a region facing increasing hunger [5] Group 2: The EasyFEN™ System: Technology and Benefits - The EasyFEN™ unit can process up to 17,500 tons of organic waste annually [6] - It converts waste into over 2.7 million gallons of Terreplenish®, a proprietary 100% organic microbial fertilizer [6] - The system is designed to create local, circular economies, promoting agricultural self-sufficiency in each country [6] Group 3: Terreplenish®: The Proprietary Microbial Fertilizer - Terreplenish® is validated by over 100 independent studies and backed by more than a decade of field data [9] - It restores soil health, boosts yields, and reduces irrigation needs by up to 20% [9] - Each EasyFEN™ unit can treat approximately 1.35 million acres of farmland annually, supporting food production for over 5 million people [9] Group 4: Financial Model and Profitability - A single EasyFEN™ unit is expected to generate approximately $19 million in recurring annual revenue through ongoing Terreplenish® production and technology licensing [9] - The business model is described as scalable and high-margin, creating significant growth potential for the company and its shareholders [9] - The company's strategy emphasizes turning waste into wealth while delivering strong financial returns [9]
Verde Announces Q2 2025 Earnings Results
GlobeNewswire News Room· 2025-08-08 21:15
Core Insights - Verde AgriTech Ltd reported a resilient performance in Q2 2025 despite challenging market conditions, including high interest rates and tight credit availability in Brazil's agricultural sector [3][4][6] - The company successfully renegotiated over 99% of its debt into long-term maturities, significantly improving its balance sheet and cash flow management [3][18][20] - Verde's products have a dual benefit of enhancing crop productivity while contributing to carbon capture, with a total potential impact of over 315,000 tons of CO2 since production began [3][4][38] Operational and Financial Highlights - Sales volume in Q2 2025 was 80,354 tons, a 6% decrease from Q2 2024, generating revenue of $4.8 million [4][12] - Gross margin was maintained at 58%, an increase from 55% in Q2 2024, despite a 21% decrease in average revenue per ton sold [4][12] - The company recorded a net loss of $2.4 million in Q2 2025, an improvement from a loss of $2.6 million in the same period last year [14][15] Market Analysis - The agricultural input sector in Brazil is experiencing a prolonged downturn, with high farmer indebtedness and cautious purchasing behavior impacting sales [4][5][6] - Potash prices showed stability and a slight upward trend, indicating potential recovery in the market [5] - The macroeconomic environment remains restrictive, with the SELIC rate at 15.00%, constraining credit availability for agricultural producers [6][7] Debt Renegotiation - Verde's debt restructuring resulted in approximately 99.5% of loans being classified as long-term, reducing short-term loans from $22.9 million to $0.2 million [4][20] - The terms for the majority of the debt owed to adherent creditors include interest rates tied to the CDI, with a structured repayment plan over several years [20][22] Sustainability Highlights - Verde's products have the potential to capture up to 9,640 tons of CO2 through Enhanced Rock Weathering, contributing to environmental sustainability [4][36] - The company has prevented the application of 182,000 tons of chloride in Brazilian soils since production began, highlighting its commitment to eco-friendly practices [4][39] Outlook - The company plans to focus on expanding its product portfolio with new multi-nutrient formulations and strengthening its commercial reach in core regions [23][24] - Verde aims to advance its carbon project while preparing for a potential rebound in sector demand in the second half of 2025 [20][24]
TrustBIX Inc. Announces Changes to Board of Directors
Newsfile· 2025-07-31 13:15
Core Points - TrustBIX Inc. has announced changes to its Board of Directors, appointing Nathaniel M. Mison as Chair of the Board and Lap Shing (Andrew) Kao as Chair of the Audit Committee [1][4]. - Nathaniel M. Mison has been an independent director since April 14, 2023, and succeeds Edward (Ted) Power, who served as Chair since September 1, 2019 [2][4]. - Mison is a Founding Partner of Diplomat Consulting and has a background in regulatory frameworks and public affairs, holding a B.A. in Political Science and Philosophy from the University of Alberta [3]. - Mison expressed commitment to supporting TrustBIX's mission in sustainable agriculture and food security [4]. - Lap Shing (Andrew) Kao, the new Chair of the Audit Committee, has extensive experience in auditing and accounting, and previously served as Chair of the Audit Committee from May 20, 2022, to April 14, 2023 [4][5]. - Edward (Ted) Power will remain a director of TrustBIX and is recognized for his significant contributions to the company [6]. - TrustBIX is an agricultural technology company focused on providing Gate to Plate® solutions aimed at enhancing trust and sustainability in the agri-food sector [7].
Edible Garden’s Pickle Party™ Line Starts Shipping to Uncle Giuseppe’s Marketplace; Strategic Expansion Timed for Summer Demand
GlobeNewswire· 2025-07-16 13:00
Core Insights - Edible Garden AG Incorporated has launched its Pickle Party™ line of fresh condiments at Uncle Giuseppe's Marketplace, coinciding with the peak summer season for consumer demand for flavorful condiments [1][3] - The Pickle Party™ line is the world's first functional pickle line, featuring raw, refrigerated, fermented, Kosher, and Non-GMO products made through traditional fermentation methods [2][3] - The company has also expanded its herb distribution with a new partnership at Scotty's Marketplace, offering hydroponic basil and various potted herbs [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with products available in over 5,000 stores across the US, Caribbean, and South America [4] - The company operates vertically integrated greenhouses and processing facilities in New Jersey and Michigan, utilizing patented technologies like GreenThumb software and Self-Watering displays to optimize production and reduce environmental impact [4] - Edible Garden has been recognized as a FoodTech 500 company and is a participant in Walmart's Project Gigaton sustainability initiative [4]
PepsiCo and Cargill Collaborate to Empower Farmers by Advancing Sustainable Agriculture
Prnewswire· 2025-07-15 13:00
Core Viewpoint - PepsiCo and Cargill have announced a strategic collaboration to promote regenerative agriculture practices across 240,000 acres in Iowa from 2025 to 2030, focusing on enhancing supply chain resilience and supporting farming communities [1][2][4]. Group 1: Collaboration Details - The collaboration will specifically target the corn supply chain in Iowa, where Cargill sources ingredients for PepsiCo's products [2][7]. - Practical Farmers of Iowa (PFI) will play a crucial role in providing farmers with tailored advice and support for implementing regenerative practices [3][6]. Group 2: Goals and Objectives - PepsiCo aims to drive the adoption of regenerative practices across 10 million acres globally by 2030, while Cargill has a similar goal for 10 million acres of North American farmland [4][5]. - The initiative seeks to improve soil health, increase resilience to climate impacts, and enhance long-term farm productivity [8]. Group 3: Benefits to Farmers - Participating farmers will receive agronomic guidance, incentive payments, and access to technical resources to facilitate their transition to regenerative practices [6][7]. - PFI will manage the enrollment and oversee measurement, reporting, and verification to ensure credible outcomes [6].
Landus Creates New Premium Opportunities with Clean Fuel Regulation Initiative
Prnewswire· 2025-07-15 12:10
Core Insights - Iowa farmers are presented with a new market opportunity for their 2025 soybean crop through Landus' expansion of the Clean Fuel Regulation (CFR) initiative, which is expected to increase Canada's demand for liquid biofuel [1][5] - The initiative is in collaboration with Verity, a digital platform that tracks and validates sustainability attributes, including carbon data [1][11] Group 1: Market Opportunities - Landus' facility in Ralston, Iowa, is now producing soy oil that qualifies for premium clean fuel markets under the new CFR guidelines [2][3] - The opportunity has generated approximately $750,000 in additional premiums for participants on their 2024 crop, with distribution of these premiums expected after the fiscal year [3][5] - Enrollment for the 2025 soybean crop opens in August, requiring farmers to complete a short harvester declaration and submit chain-of-custody documentation [4][5] Group 2: Financial Incentives - Landus anticipates quadrupling premiums by this time next year, benefiting more Iowa farmers [5] - In 2025, Landus generated nearly $2 million in additional premiums by enrolling the 2024 crop in sustainability programs [5] - The Carbon Intensity Supply Chain Program has paid $420,000 to over 40 farmers for their participation, rewarding them for transparency and regenerative practices [6] - The Carbon Ready Program has paid more than $670,000 to over 40 farmers, with average payments of $20.08 per acre, and is expected to double in scale for the 2025 crop year [7] Group 3: Sustainability Initiatives - The CFR initiative is part of Landus' broader strategy to help farmers profit from regenerative practices [5][6] - The data-driven approach of the Carbon Intensity Program differentiates farmers' products in the marketplace, rewarding them for sustainable practices [6] - Landus emphasizes the importance of collective participation among farmers to enhance farm profitability and sustainable agriculture [5]
Cibus and John Innes Centre Announce Ongoing Collaboration with Potential to Revolutionize Fertilizer Use in Farming
GlobeNewswire News Room· 2025-06-12 12:00
Core Insights - Cibus, in collaboration with the John Innes Centre (JIC), has discovered a genetic mutation that enhances nutrient uptake and reduces the need for artificial fertilizers [1][2][3] - The nutrient use efficiency (NUE) trait aims to improve crop yields while decreasing the reliance on nitrates and phosphates [1][4] - Cibus has successfully edited Canola plants with this mutation and is looking forward to further testing and validation [1][3] Company Overview - Cibus is a leading agricultural technology company focused on developing and licensing plant traits to seed companies for royalties [1][7] - The company utilizes proprietary high-throughput gene editing technology to create crop traits more efficiently than conventional breeding methods [7] - Cibus addresses critical productivity and sustainability challenges in agriculture, with an estimated global economic loss of approximately $300 billion annually due to diseases and pests [7] Research and Development - The collaboration with JIC aims to translate their discovery into a trait that enhances plant-microbe interactions, thereby boosting nutrient uptake [2][3] - The NUE trait is expected to lead to more productive and sustainable crops, allowing farmers to use less fertilizer while maintaining yields [3][4] - JIC's research highlights the inefficiency of plants in nutrient absorption, with only about one-third of applied fertilizer typically absorbed [3]
Easy Environmental Solutions Begins Manufacturing EasyFEN™ Units for Africa Following Initial Down Payment
Globenewswire· 2025-06-10 14:23
Core Insights - Digital Utilities Ventures, Inc., now known as Easy Environmental Solutions Inc., has secured a $3.4 million order for its modular EasyFEN units aimed at addressing agricultural challenges in Africa [5][8][9] Group 1: Product and Technology - EasyFEN units are designed to produce organic Terreplenish liquid microbial fertilizer, which can transform waste into a product that supports over 16 million people in Africa [5][8] - Each EasyFEN unit can process up to 17,000 tons of organic waste annually, producing more than 2 million gallons of Terreplenish [10] - Terreplenish enhances soil health, increases crop yields, and reduces irrigation needs by up to 20% [10][12] Group 2: Economic Impact - Each EasyFEN unit running at full capacity is projected to generate approximately $19 million in recurring revenue annually for Easy Environmental Solutions [9] - The deployment of EasyFEN units is expected to significantly reduce the cost of fertilizers by up to two-thirds compared to conventional chemical fertilizers [8][10] Group 3: Social and Environmental Benefits - The initiative aims to combat hunger in Africa by providing a scalable model for self-sufficiency, with each unit capable of fertilizing over 1 million acres of farmland [8][12] - The use of Terreplenish is positioned as a long-term solution to food insecurity, addressing the root causes of hunger while promoting environmental sustainability [16]
MustGrow and Phospholutions Sign Canadian Distribution Agreement for Phosphorous Efficiency Product - RhizoSorb(R)
Newsfile· 2025-06-10 11:00
Core Viewpoint - MustGrow Biologics Corp. has signed a distribution agreement with Phospholutions Inc. to sell the RhizoSorb® phosphorous efficiency product in Canada, aiming to enhance nutrient use efficiency and support sustainable agriculture [2][5][6]. Group 1: Product Overview - RhizoSorb® is designed to replace conventional fertilizers like monoammonium phosphate (MAP) and diammonium phosphate (DAP) by improving nutrient use efficiency [4][9]. - The product allows farmers to apply up to 50% less phosphorus while maintaining or improving crop yields, potentially saving up to US$20 per acre [5][8]. - RhizoSorb® features a 38% lower salt index, promoting healthier soils and long-term productivity [8]. Group 2: Environmental Impact - The use of RhizoSorb® can reduce CO₂e emissions by 45.2%, phosphorus runoff by 78%, and leaching by 84% compared to conventional MAP fertilizer [6][8]. - The product's efficiency in nutrient release contributes to sustainable farming practices, which are critical for meeting global food demands [7][8]. Group 3: Market Context - Canada has approximately 94.5 million acres of crop production that depend on phosphate, making it a significant market for RhizoSorb® [6]. - The partnership between MustGrow and Phospholutions aligns with their shared mission to improve the global food system through sustainable production solutions [6][9].
Edible Garden Gains New Distribution at Waverly Gourmet Market, Net Cost Market, and Marrazzo's Market; Adds to Store Count at Key Foods
Globenewswire· 2025-05-29 11:30
Core Insights - Edible Garden AG Incorporated is expanding its retail presence in the Northeast U.S. to meet the rising demand for sustainable products, including hydro basil, fresh herbs, and its Pickle Party line [1][2][3] Group 1: Expansion and Product Offerings - The company has added new retail partners in New York and New Jersey, including Waverly Gourmet Market, Key Food, Netcost Market, and Marrazzo's Market, to offer its sustainably grown products [2] - The Pickle Party line features the world's first functional pickles, which are fresh, fermented, Kosher, and Non-GMO, aimed at supporting gut health [2][4] - The expansion enhances Edible Garden's footprint in key Northeast markets, aligning with its mission to provide fresh, locally grown, and environmentally responsible products [2][3] Group 2: Company Mission and Market Position - The CEO of Edible Garden emphasized the company's commitment to cultivating a movement towards fresher, smarter food choices, highlighting the rising demand for clean-label, responsibly sourced food [3] - Edible Garden operates over 5,000 stores across the U.S., Caribbean, and South America, and is recognized as a leader in controlled environment agriculture (CEA) [4] - The company utilizes patented technologies such as GreenThumb software and Self-Watering displays to optimize growing conditions and enhance product shelf life [4]