Tag Archives: water

Aqua Capital achieves sales of Fertiláqua in Brazil | Instant News

SAO PAULO (Reuters) – Aqua Capital, Latin America’s largest agribusiness and food-focused private equity firm, said on Monday that it had sold Fertiláqua, one of Brazil’s leading plant nutrition companies, according to a statement sent to Reuters.

ICL buyers ICL.TA, an Israel-based specialty minerals and specialty chemicals company, paid about $ 120 million plus potential performance-based revenue of 10%, the statement said.

The deal will encourage the expansion of ICL’s crop nutrition business in Brazil, one of the world’s fastest growing agricultural markets and a leading producer of commodities such as soybeans, sugar and coffee. Aqua Capital has owned Fertiláqua since 2013.

“Negotiations amid the COVID-19 pandemic present additional challenges,” said Sebastian Popik, managing partner of Aqua Capital, in an interview after the deal closed. “There is currency volatility and everything is done remotely because no one from the Israeli team is coming here.”

Aqua has $ 650 million under management and has controlling stake in 13 companies in agribusiness, including producers of agricultural inputs, distributors of agricultural inputs, and consumer food companies that make dairy and sell wine. Combined, Aqua-owned businesses have revenues of $ 1.2 billion and employ more than 6,000 people.

Popik told Reuters that a deal to sell Fertiláqua, which distributes agricultural input products using retailers across the country, was reached with ICL after about six months of talks.

This year, Aqua is still preparing to announce the acquisition of a new agricultural input distribution business, said Popik. He declined to reveal details of the impending deal because it has not been made public.

Reporting by Ana Mano; Edited by Steve Orlofsky


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Protesters sit at the site of the explosion at the Brazilian Vale mining dam, demanding an extension of aid | Instant News

BRUMADINHO, Brazil, Oct 22 (Reuters) – About 150 demonstrators staged a sit-in at the administration building of the Brazilian miners Vale in the city of Brumadinho on Thursday to protest their treatment of nearly two years after a deadly mining waste dam collapsed there, killing some 270 people. people.

The protesters are demanding an extension of emergency aid payments for about 100,000 people affected by the disaster, while also alleging that miners have failed to provide clean drinking water after mining waste contaminated local water sources.

The activists, who ended their protests on Thursday afternoon, said aid payments were essential to support low-income communities and river dwellers whose livelihoods were destroyed by the dam collapse.

The protesters, many wearing masks to protect themselves from the coronavirus, sit at the entrance to the Vale administration complex holding signs that read, “Luck doesn’t mean life” and “Our fight is to live.”

The demonstrations came as Vale attempted to repair the company after the January 2019 disaster, a second fully or partially controlled mining waste dam collapsed in a span of four years.

Vale returned its dividend payments earlier this year, although litigation over the company’s role in the disaster is still pending.

Vale said in a statement that it had distributed 910,000 liters (240,397 gallons) of water and continued to offer a normal supply. The miner said it was committed to full compensation for the damage and respected the right to protest as long as people were able to enter and leave the complex.

A representative for protest organizers told Reuters by telephone that Vale had cut in half emergency payments from the full minimum wage to those affected. Vale said it still pays the full minimum wage in the agreement that runs through October.

Protest organizers said Vale wanted to reduce payments by up to 25% of the minimum wage. Provisions for an extension of emergency payments are in negotiations with prosecutors, Vale said. (Reporting by Washington Alves in Brumadinho and Roberto Samora in Sao Paulo; Written by Jake Spring; Editing by Bill Berkrot)


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The government will provide water, masks and hand sanitizers for PDM rally participants: Shahbaz Gill – Pakistan | Instant News

Published in October 16, 2020 11:53 am

Shahbaz Gill said the government would ensure all measures at any cost against the coronavirus pandemic.

ISLAMABAD (Dunya News) – Special Assistant to the Prime Minister for Political Affairs Dr. Shahbaz Gill on Friday said the federal government would provide clean drinking water, masks and hand sanitizer to attendees of the Pakistan Democratic Movement (PDM) rally in Gujranwala today.

SAPM said in its tweet that it is Imran Khan’s government that will ensure all actions at any cost against the coronavirus pandemic and to facilitate people. The innocent citizens are being used to save family corruption, added Dr. Shahbaz Gill.

On the other hand, Punjab Information Minister Fayyaz-ul-Hassan Chohan claimed that the opposition party had spent Rs1.03 billion on the Gujranwala rally. He asks where did this money come from.

He further said that the coronavirus has affected the country badly as two other Punjab ministers tested positive. Opposition parties are allowed to hold protests while following strict SOPs to prevent the spread of COVID-19, he added.

Federal Minister for Science and Technology Fawad Chudhry said opposition parties had set the stage by occupying half the space on the ground. Opposition parties fear their defeat. Only Imran Khan gathered so many people in Minar-e-Pakistan for the PTI rally, he added.


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Germany: Water is shut down at the Tesla Gigafactory due to unpaid bills | News | DW | Instant News

US-based electric carmaker Tesla lost access to water at its German plant due to unpaid bills.

A spokesman for the water company, Wasserverband Strausberg-Erkner (WSE), said Tesla was repeatedly warned that its payments were late.

“The 14 day notification period has ended,” WSE spokeswoman Sandra Ponesky told the Associated Press. “We cannot treat Tesla any differently from other customers.”

Read more: What Germany’s Gigafactory neighbors are making about Tesla’s Elon Musk

Ponesky said that as soon as the company paid the amount owed, the tap would be turned on again. He did not say how much Tesla owed him.

Tesla founder Elon Musk visited a construction site outside Berlin last month

The plant, based in Grünheide near the capital Berlin, was the company’s first Gigafabrik factory in Europe. It’s still under construction and the manufacturer hopes to build 500,000 electric vehicles there per year. with a workforce of 12,000 employees. Production can start as early as next summer.

Tesla recently signed a contract for water development. It is not clear how or whether water shortages will affect construction on site.

Read more: Teutonic Tesla: Elon Musk’s busy week in Germany

The state of Brandenburg, where the plant is located, has not given Tesla an environmental permit for the new plant. The construction work has so far been carried out with initial permission for the individual construction stages.

Local residents and environmentalists have expressed concern that the drinking water around the factory will be polluted, and the nearby nature reserve will be badly affected.

kbd / nm (AP, dpa)


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Finland Aims to Achieve Carbon Neutrality by 2035, Immediately Towards Carbon Negative | News | SDG Knowledge Center | Instant News

Finland has communicated its long-term low-greenhouse gas (GHG) development strategy (LEDS) to the UNFCCC. Finnish LEDS scenario chart and impact assessment to achieve 2035 carbon neutrality targets, and review long-term emission reduction and elimination opportunities by 2050.

LEDS assesses Finland’s emission reduction potential and needs by sector under three scenarios regarding the country’s 2035 carbon neutrality targets. Reference scenarios look at the developments that would be achievable with current policy measures. This determines that carbon neutrality will not be possible until 2050, and even by leveraging only 30 MtCO2eq of net land use sinks.

The ‘Sustainable Growth’ scenario achieves an 87.5% reduction in GHG emissions by 2050 compared to 1990 levels. The appropriate target in the ‘Savings’ scenario is to achieve a 90% reduction in GHG emissions. Both reach carbon neutrality by 2035, and exclude the land use sector from the calculation. Neither scenario has a negative carbon target after 2035, but rather leaves this rate “determined by the size of the net carbon sink from the land use sector”. The Sustainable Growth and Savings scenarios differ in the assumptions of the underlying technology, the most significant of which is the viability of carbon capture and storage (CCS), as well as improvements in energy efficiency and sustainable biorefinery production. The different scenarios are also caused by different assumptions on the structure of industry, society and the economy as a whole.

LEDS analyzes the potential and needs for reducing emissions from the energy, industry, transportation, waste and land use sectors. This strategy does not specifically identify the sectors to which emission reductions should be allocated, nor does it include quantitative analysis of the specific policies needed to achieve the 2035 and 2050 targets. These, he said, will be decided in 2020-2021 as part of the country’s process of drafting Climate and Energy Strategy, Medium Term Climate Change Policy Plan, road map for fossil free transportation, and climate program for land. usage sector. Rather than considering emission reductions from a regional or social justice perspective, LEDS Finland based its calculations on the premise that the costs of reducing emissions should be minimized across the country.

Finland initially submitted its LEDS to the European Commission in March 2020 to meet EU requirements that each member state prepare and submit to the Commission its comprehensive long-term strategy by early 2020.

Under the Paris Agreement on climate change, “all Parties should endeavor to formulate and communicate a long-term, low-greenhouse gas emission development strategy” to the UNFCCC by 2020. Benin (in France), Canada, Costa Rica, that Czech Republic, that ME, Fiji, France, German, Japan, that Marshall Island, Mexico, Portugal, Singapore, Slovakia, South Africa, that WE, that ENGLISH, and Ukraine has sent their LED. [Publication: Finland’s Long-term Low Greenhouse Gas Emission Development Strategy] [UNFCCC Long-Term Strategies Website]


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