Tag Archives: producer

PepsiCo launches Rockstar Energy + Hemp in Germany | Instant News

The launch in Germany marks PepsiCo’s first attempt in the hemp category (hemp comes from the cannabis family but does not contain THC), with the drink using flaxseed extract along with ginseng, guarana, B vitamins, caffeine, sugar and taurine.

While Germany is the launch pad for the new drink, which launched this week in three varieties (original, tropical explosion and spiny cactus), PepsiCo has not yet detailed whether or when it plans to expand the drink globally.

Rockstar was acquired by PepsiCo for $ 3.85 billion in March last year: with the US beverage and snack giant strengthening its presence in the energy drink category (which also includes Mountain Dew Kickstart, GameFuel and AMP).

Rockstar has about 30 flavors available in 30 countries, including the US.

In Germany Rockstar enjoys a 35% market share in the energy drink category.

“With an extraordinary category growth of 58% compared to the previous year, hemp products will become a trend in 2021 in the FMCG sector,”PepsiCo said. “With Energy + HEMP, Rockstar is now expanding its energy portfolio to include three varieties with the trending ingredient flaxseed extract.” the person .

In Germany, the energy drink category grew by about 14%. And PepsiCo added that 60% of growth in the energy drink segment was driven by innovation. Last year, he launched XD-Power (a highly caffeinated drink with branched-chain amino acids and B vitamins). This year, it’s Energy + Hemp’s turn: which will be supported by TV, digital and POS advertising campaigns.


image source

Northam signs bill on Virginia restaurant flexibility, food insecurity during pandemic National news | Instant News

(The Center Square) – A bill to give restaurants more flexibility to serve alcohol outside and a bill to establish a food aid program were signed into law by Virginia Governor Ralph Northam.

“This new law will make a real difference in the lives of Virginia citizens and position our Commonwealth for a strong post-pandemic future,” Northam said in a statement. “I thank legislators for their hard work at this session and look forward to our continued partnership in the months to come to build on this progress.”

House Bill 2266, sponsored by Del. Hala Ayala, D-Woodbridge, gives more flexibility to restaurants serving alcohol outdoors and during permitted events. This allowed regions to issue regulations to establish “outdoor refreshment areas” where people would face fewer restrictions on consuming alcohol outdoors.

The bill effectively renames the “local special events” license to the “designated outdoor refreshment area” license. Under the previous law, a special event permit would allow outdoor alcohol consumption in a designated area for no more than three consecutive days and the region could only hold 16 events per year. The bill allows the Virginia Alcoholic Drink Control Authority to extend the duration and frequency of events.

Regions can agree on a long-term zone for this activity, which is designed to reduce the burden on business during the COVID-19 pandemic. Restaurants and bars are suffering one of the heaviest blows of the pandemic and subsequent economic restraints. Although they are now allowed to operate at 100% capacity, social distancing rules make full capacity impossible for some. There is also a midnight curfew for on-site alcohol sales.

Senate Bill 1471 was also signed. The Senate version contains the same language as the DPR version. They both have substantial bipartisan support.

Two laws to establish the Virginia Agricultural Food Assistance Program and Fund were also signed by the governor. DPR Bill 2203 and Senate Bill 1188. Both bills also have substantial bipartisan support.

These laws allow farmers and food producers to directly donate or sell food products to food banks, which are designed to increase availability for families in need. The bill also extends funds to provide money to charitable organizations to reimburse farmers or food producers.

According to the fiscal impact statement, the current pilot program for this fund is supported by $ 1 million in federal CARES Act money. The bill will allocate $ 600,000 as general revenue money for the fund in the second year.


image source

CBD of Denver Inc. (CBDD) Continues to Generate Significant Income Despite European Pandemic Locked | Colorado | Instant News

DENVER, February 1, 2021 / PRNewswire / – CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil (“CBDD”) company and producer and distributor of Cannabis and CBD products in Switzerland, Europe and the US today gave its introduction January 2021 revenue figures that show significant sales volume despite the ongoing pandemic-related lockdown Europe.

Even though the COVID-19 pandemic is ongoing, the causes Switzerland and most EU countries remain in lockdown, with all businesses except the most important essential services shut down, Rockflowr Exchange is able to generate revenue of 2,212,700 CHF or about $ 2,483,623 USD during January 2021.

“We have been working 7 days a week and 10 hours a day to maintain sales volume, even during the pandemic lockdown. Most of the orders came by telephone from existing customers. This result makes us proud, considering the complications we face, ”he explained Pascal Siegenthaler, Director of Sales.

Follow CBDD on Instagram: @SwissCBDTrading @Rockflowr @CBDofDenver_Inc @SwissGreenGrow @RockflowrRetail

CBD of Denver, Inc., Rockflowr GmbH and Swiss Industry Ventures AG are now also on LinkedIn.

About the CBD of Denver, Inc.

CBD of Denver, Inc. (OTC: CBDD) a full-line CBD and Hemp oil (“CBDD”) company and a manufacturer and distributor of Cannabis and CBD products in Switzerland, Europe and the US. CBDD is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all of our shareholders who are driven by a desire to improve lives and strengthen communities by unleashing cannabis’s full potential.

Through our brand Rockflowr and BlackPearlCBD We reach out to our customers and have built a strong customer base by focusing on quality products and meaningful customer relationships.

Black Pearl CBD has 0% THC, but is not an Isolate in which THC is released from the product making it ineffective. We use a proprietary technique of adding terpenes as an activation ingredient, resulting in the best product in the industry and only available at www.cbdofdenver.com

The information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, which involve both known and unknown risks and you should not rely too much on these statements. Forward-looking statements reflect our current views with respect to future events. We have no obligation publicly about updating or revising this forward-looking statement for any reason.

View original content for multimedia downloads:http://www.prnewswire.com/news-releases/cbd-of-denver-inc-cbdd-continues-to-produce-significant-revenue-desthough-european-pandemic-lockdown-301218642.html

CBD SOURCE from Denver, Inc.


image source

Chinese battery manufacturers are taking part in surging German EV sales | Instant News

HAMBURG, Germany – Two Chinese electric vehicle battery makers will kick off this year at a $ 3.2 billion production facility in Germany to serve the growing European market for new energy cars, following in the footsteps of industry leader Contemporary Amperex Technology Ltd.

SVOLT Energy Technologies, a spin-off of Chinese automaker Great Wall Motor, plans to build two plants, at a combined cost of around 2 billion euros ($ 2.42 billion), in the western state of Saarland by the end of the year.

Farasis Energy (Ganzhou), which sold a 3% stake last year to auto group Daimler in a 900 million yuan ($ 138.8 million) deal, aims to begin construction of a 600 million euro plant in the eastern city of Bitterfeld at the end. March.

Shenzhen-listed CATL hopes to open a 1.8 billion euro production complex in the eastern state capital Erfurt later this year. Daimler and BMW are both committed to buying batteries from factories.

Kai-Uwe Wollenhaupt, president of SVOLT Europe and vice president of its parent company, said the company will start supplying unnamed customers in Germany from its Chinese factories next year before phasing in local production. Great Wall has previously spoken of opening a factory in Europe, but Wollenhaupt would not confirm whether the carmaker will become a local client.

“Anything is possible in our sector, but we want to emphasize that we are not talking about our customers,” he told Nikkei Asia in a recent interview. “We have to get into Germany to position ourselves in the market … because local-to-local production is not just a slogan for European carmakers.”

Indeed, he sees local production as an important green credential for EV battery manufacturers given the emissions involved in shipping batteries from China and much of the renewable power in Germany. While wages are high in Germany, he says automatic production is 90%.

Kai-Uwe Wollenhaupt of SVOLT

“Before we settled in Saarland, we searched more than 30 locations, including in Eastern Europe, and we found that only in Germany could we quickly recruit sufficient talent and power sources in a way that our clients’ climate targets could be met,” said Wollenhaupt. .

Thanks to expanded purchase subsidies for electric cars and expectations of tightening EU emission standards, EV sales in Germany surged last year. Electric vehicles represented 13.5% of passenger car sales in the country last year, up from just 3% the previous year, according to industrial site CleanTechnica. In December, the share of electricity reached 26.6%.

“German battery demand will be much higher than expected two years ago,” said Stefan Bratzel, director of the Center for Automotive Management at the University of Applied Sciences in Bergisch Gladbach, Germany. “Each carmaker has to rely on a number of suppliers to be on the safe side.”

Volkswagen Chief Executive Herbert Diess projected in December that the EU plans to achieve carbon neutrality by 2050, which is expected to be completed this year, could mean the company itself will need to supply up to 40 major battery plants.

SVOLT aims to produce 24 gigawatt-hours worth of car batteries a year in Germany, a quarter of its global target, while Farasis aims to release 6 GWh from Bitterfeld by next year towards a full 10 GWh output. CATL said its German plant would be able to produce 14 GWh of batteries.

A number of other companies are also setting up car battery factories in Germany, including Tesla, while South Korea’s LG Chem and SK Innovation have set up shop in Eastern Europe.

Citing forecasts that increasing European EV sales will require 500 GWh of batteries by 2030, Wollenhaupt said, “The market will definitely need some players to meet this demand.”

Thanks to expanded purchase subsidies for electric cars and expectations of tightening EU emission standards, EV sales in Germany surged last year. © AP

While many industry observers expect every carmaker to use multiple suppliers to reduce the risk of production disruptions and other problems, Martin Winter, professor of electrochemical energy technology and materials science at Muenster University and Forschungszentrum Juelich research center, said battery makers will be in tough competition. for relative gain.

“The race will discuss about the rapid adoption of new technology, rapid improvement of processes and reduction of costs,” he said.

SVOLT aims to be the first auto battery maker to supply cobalt-free units later this year, under a deal with Great Wall Motor. Battery makers have been looking for ways to limit cobalt’s use, given its cost and mining of the environmentally damaging element in unstable African countries. Chinese mining companies dominate production.

SVOLT plans to start producing new batteries in China in June and then in Germany by the end of 2023.

“The cobalt-free breakthrough reflects that half of our staff are working in R&D and we are very innovative and agile,” said Wollenhaupt.

Some, however, question whether SVOLT can catch up to CATL.

Kai-Christian Moeller, who researches battery technology at the Fraunhofer Institute for Chemical Technology in Munich, noted that CATL currently has four times the production capacity of SVOLT and three Chinese plants compared to its younger rivals.

“You not only need investment capital to produce batteries in Germany, but also knowledge,” he said. “There will be tough competition for some experienced specialists, which means you have to bring in the right lots of people from Asia to start production.

“Although CATL could easily bring several hundred Chinese engineers to Erfurt, SVOLT may find it difficult to increase production in Germany and in China at the same time,” he added.


image source

Brazil’s car production fell 31.6 percent in 2020 | Instant News

(MENAFN) On Friday, January 8, the National Association of Vehicle Manufacturers (Anfavea) announced that Brazil’s auto production fell 31.6 percent in 2020 compared to the previous year, while exports fell 24.3 percent due to the novel COVID-19. pandemic.

Brazil, Latin America’s largest economy, produced 2,014,055 cars and exported a total of 324,330 units in 2020, compared with the previous year, when it produced 2,944,988 cars and exported 428,208 units.

Anfavea stated that the drop to 2016 levels shifted Brazil from eighth to ninth position among the world’s biggest carmakers, being beaten by Spain.

Anfavea President Luis Carlos Moraes stated in the video symposium: “Last year, we faced a crisis in the Argentine currency in exports, but for 2021, we expect greater demand from other South American markets such as Colombia, Chile and Peru.”

Legal Disclaimer: MENAFN provides information “as is” without warranty of any kind. We are not responsible or liable for the accuracy, content, images, videos, licenses, completeness, legality or reliability of the information contained in this article. If you have a complaint or copyright issue related to this article, please contact the provider above.


image source