UNISOC and China Unicom have successfully deployed the world’s first 3GPP-compliant end-to-end network slicing selection solution, enabling 5G smartphone and data terminal network slicing to 3GPP standards. The solution allows devices to independently and flexibly select network slices through APP ID, FQDN, DNN and other identifiers in China Unicom’s 5G SA trial commercial network, bringing broader development prospects for the transformation of industry verticals.
The Australian crop protection and specialty seed company, Nufarm and the German AgTech startup, CROP.ZONE have entered into a cooperation agreement. The collaboration aims for launching Nufarm and CROP.ZONE’s hybrid herbicide solutions across major European markets, starting with the implementation of an early adopters program for the 2021 season in Benelux and Germany from 2021 onwards.
The innovative, patented solutions complement existing, synthetic herbicides, providing farmers a competitive and sustainable alternative for weed management, contributing to yield optimization and farm profitability while contributing to sustainability goals.
Nufarm and CROP.ZONE combine chemical and physical processes to create a compelling and sustainable method of weed control. By pre-treating plants with an organic regulated conductive liquid and sequentially applying electrical charge, the company can control weeds with a very high degree of efficiency and lower energy consumption than conventional weeding technologies. Nufarm and CROP.ZONE offer a safe, reliable, and environmentally friendly alternative to make European agriculture more sustainable.
The solution will first be made available to farmers in Germany and the Benelux countries in 2021.
Dirk Vandenhirtz, CEO – Partner of CROP.ZONE, says, “We are delighted to have found a strategic partner in Nufarm, which has more than 100 years of experience in crop protection and has a grown relationship with a strong network of distributors across Europe. Our solutions comply with organic farming guidelines and offer farmers a fast, efficient, and cost-effective alternative to known chemical treatments.”
Hildo Brilleman, Regional General Manager EuMEA at Nufarm, adds, “For us as herbicide specialists, this new technology, with its broad mode of action, is an exciting innovation in crop protection that will help to make agriculture more sustainable. With it, we can offer our customers a real alternative to our proven chemical solutions at competitive prices, especially in those crops where chemical weed control options have been reduced and where alternative technologies are requested.”
About CROP.ZONE
CROP.ZONE was established in 2019 by a highly experienced team of AgTech experts with decades of experience in the same field. Today, CROP.ZONE’s hybrid herbicide solution is active in the field, showing its efficacy in weed management, cover crop burn down and pre-harvest desiccation.
CROP.ZONE offers electrophysical solutions to combat weeds and manage pre-harvest desiccation. With this CROP.ZONE offers an alternative in farmers’ toolbox in a context of increased regulatory demands and societal expectations. The innovative, patented CROP.ZONE solution can replace a significant part of today’s synthetic herbicide use, providing a competitive alternative for weed management, hence contributing to yield optimization and farm profitability while contributing to sustainability goals. With its solutions, CROP.ZONE is positioning itself within the future of agriculture.
Media Contact at Nufarm
Christian Haschka
christian.haschka@nufarm.com
+49 152 29 40 58 71
Media Contact at CROP.ZONE
Michiel de Jongh
Michiel.DeJongh@crop.zone
+49 240 859 803 50
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CROP.ZONE
Alternative Weed Control
Related Links
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CROP.ZONE on LinkedIn https://www.linkedin.com/company/cropzone/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/66291
Waterdrop, with continuous innovation and a passion for perfection, unveiled its latest Reverse Osmosis Water Filtration System at the Amazon Prime Day 2020. The Waterdrop G3 RO Reverse Osmosis Water Filtration System is unique in Certification, Design and User experience.
NSF Certification: Using reverse osmosis filtration technology with a filtration accuracy of 0. 0001 micro-m, the system is Certified against NSF58 for TDS reduction, and effectively removes most impurities including fluoride, TDS, limescale, and heavy metals from tap water.
Smart Design: Instead of storing filtered water in a tank until required (which might be a very long time), the tankless reverse osmosis systems delay purification until the user turns on the faucet and deliver filtered water in seconds. The tankless design also means that people require little space to fit an under-sink water filter in the kitchen. It is the first smart RO system with composite filters and tankless design in the U. S. market. The three filters provide seven stages of filtration. The pre-sediment and carbon block filter is a 3-in-1 filter that functions as that of three filters combined. The Reverse Osmosis membrane filter adopts an innovative design, and the efficiency of the filter equals more than three stages of filtration. Additionally, the activated carbon block filter uses high-precision activated carbon granules made from natural coconut shell, which will also improve the water taste.
User Experience: Its internal pump allows the RO system to offer faster water flow (400 gallons per day). The system can filter a cup of water in about 12 seconds. It can produce pure water quickly. Moreover, compared to traditional RO systems, Waterdrop Reverse Osmosis Water Filtration System saves water waste by 300%. With smart faucets fitted with G3 smart RO systems, it is exceptionally convenient. The smart replacement notice solves this by automatically notifying users when the smart tankless reverse osmosis system’s filters are due for re-placement. The smart TDS monitoring panel on the water purifier shows water quality in real-time. This feature means that G3 RO system can clean itself whenever it is notified, without relying on the owners assistance, who can invest their time in more important things.
Waterdrop joined the big Amazon Prime Day on October 13th/14th with the new G3 RO water filtration system as well as other hot Waterdrop sale products, offering their customers the best Amazon deals with more than 30% off. Amazon Prime Day was the perfect moment to shop for a replacement water filter for the refrigerator as well. Great prices for the best quality filters.
Since Amazon Prime Day is always a fantastic period to shop, enjoying its huge discounts on top items in the Amazon store is not an opportunity anyone wants to miss. Great Waterdrop Prime Day 2020 deals continue, allowing you to have the best water filtration solution system in your home.
Waterdropfilter
Hannah Montgomery
communication@waterdropfilter.com
Telephone: 1-888-352-3558
On September 27, China’s petrochemical industry saw its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China, providing new solutions for small and medium-sized petrochemical enterprises perplexed by overly expensive and slow financing.
This transaction has involved China’s Sinochem Energy High-Tech Co., Ltd., China Construction Bank Inner Mongolia Branch, and Nanchu Management Group Co., Ltd. The financing party, Beijing Longrunkaida PEC Products Co., Ltd., is one of the largest traders in lubricant and base oil industries in northern China in terms of sales volume. From the application for issuance of warehouse receipts to the bank’s appropriation of the loan, it took less than one day with a cost 40% lower than that of common trade finance services in the market.
Ma Xiaohui, Chief Financial Officer of Beijing Longrunkaida, introduced the process of this financing deal, “Through Sinochem Energy High-Tech’s ‘(Blockchain) Digital Warehouse Receipt Platform’, we applied to Nanchu Management Group for the issuance of warehouse receipts with our stored base oil. With the receipts, we submitted an online pledge application to China Construction Bank and received the loan in the afternoon.”
Why financing is difficult and expensive for petrochemical SMEs
Presently, the continuous spread of global Covid-19 pandemic and the safety and environmental management upgrade are driving the operating costs of the entire industry up. Petrochemical companies are facing increasing financial pressures every day. However, for a long time, the traditional credit risk control system emphasizes on “reviewing the credit of the financing entity but not the goods”, making it difficult for “small enterprises with high value of movable assets” to meet the credit granting conditions of financial institutions.
On one hand, it is difficult for financial institutions to track the transaction process of bulk commodities due to the lack of effective risk control measures, especially those of “controlling goods” which could lead to frequent risk issues like false warehouse receipts, unclear property in goods, repeated pledges, impairment or loss of collateral. Financial institutions have been affected so badly to tighten lending on warehouse financing.
On the other hand, since warehousing companies often fail to get updates on changes in goods property and pledge rights, disputes on goods property and warehouse receipt finance become commonplace. Unscrupulous enterprises would forge seals and issue false inventory certificates, delivery documents, amongst others. After being duped, the deceived company often sues the warehousing company as well, who hence have little choice but to quit issuing warehouse receipts and related business with financial supervision, but focus solely on warehousing business with limited income.
Blockchain digital warehouse receipts are a panacea for financing problems
Based on a deep understanding of the financial pain points of the petrochemical supply chain, Sinochem Energy High-Tech has built a “Blockchain Digital Warehouse Receipt Platform” (hereafter as the Platform) which opens up third-party warehousing services, a key node of liquid logistics. The company not only conducts consistent research on digital warehouse receipt pledge and demonstrates the financing business model to China Construction Bank constantly, but continuously polishes products and operating plans.
From the issuance of digital warehouse receipts by warehousing companies to pledges and loans, Sinochem Energy High-Tech participates as a trusted technology provider and is highly recognized by China Construction Bank. Transforming the traditional commodities in circulation into safe and efficient digital assets with good liquidity that can penetrate directly to the bottom layer, the Platform has shaped a credible asset system with “Blockchain Digital Warehouse Receipts” as a medium.
“Compared with traditional print warehouse receipts, the Platform is the first to realize strict correspondence between digital warehouse receipts and stored goods. It uses IoT technology to monitor the goods under digital warehouse receipts closely, to ensure that each warehouse receipt directly assures the existence of goods. In addition, the platform realizes swift goods delivery, receipt pledge, as well as integration of “four flows” (the receipt flow, capital flow, contract flow, and goods flow). Moreover, blockchain technology ensures that the recorded data cannot be tampered. This could guarantee the uniqueness and traceability of the data, and greatly improve the industry’s credit rating,” said Sun Liming, Vice President of Sinochem Energy High-Tech.
Connecting financial institutions and industries to bolster the development of the real economy
On September 22, eight Chinese ministries or commissions including the People’s Bank of China, the Ministry of Industry and Information Technology, issued the “Opinions on Regulating the Development of Supply Chain Finance and Supporting Stable Cycle, Optimization and Upgrade of the Industry Chain of Supply Chain” (the “Opinions”). It requires financial institutions and business entities to strengthen information sharing and collaboration; improve the digitalized level of supply chain financing settlements; standardize the development of supply chain inventories, warehouse receipts, and order financing; and strengthen the risk protection support for supply chain finance.
“The Platform is highly consistent with the ‘combination of financial technology and supply chain scenarios to prevent supply chain financial risks’ requirement listed in the ‘Opinions’. It achieves the transparency in warehousing data, and dynamic monitoring on collateral quantity and value, etc. In the future, we will expand on our collaboration with Sinochem Energy High-Tech to reduce financing difficulties, operating costs and capital costs for supply chain companies. We will take practical actions to stimulate the quality and efficiency of the real economy,” said the relevant source in China Construction Bank.
It is understood that in the future, Sinochem Energy High-Tech will work with China Construction Bank, China Association of Warehousing and Distribution, warehousing companies, commodity inspection agencies, goods owners, and Shanghai Petroleum and Natural Gas Exchange Co., Ltd to jointly establish an ecosystem of digital warehouse financing, to consistently help financial institutions to improve loan risk control capabilities; help petrochemical warehousing companies to obtain incremental income; and SMEs to solve financing problems. Sinochem Energy High-Tech will strive to further promote the optimization and upgrade of supply chains and related industrial chains.
About Sinochem Energy High-Tech
Sinochem Energy High-Tech Co., Ltd. (Sinochem Energy High-Tech for short) is an internet technology company under Sinochem Group’s branch company, Sinochem Energy Co.,Ltd. Sinochem Energy High-Tech, supported by cutting edge technologies including AI (Artificial Intelligence), Blockchain, IoT (Internet of Things), Cloud Computing, and Big Data, has set out to develop into an “Energy + Technology” company committed to promoting in-depth integration of internet technology and the petrochemical industry, becoming a leading smart operator in the petrochemical industry.
In the years to come, Sinochem Energy High-Tech will focus on redefining the operating model of the petrochemical industry, establishing digital service infrastructure that covers the full value chain of the petrochemical industry, and becoming a leader of smart solutions and service provider in the industry. For more information, visit www.66yunlian.cn.
Media contact:
Sinochem Energy High-Tech Co., Ltd.
Contact: Xie Yimei
E-Mail: xieyimei@sinochem.com
Tele: +183 1060 7956
Address: C-1 Building 2F, Yongyou Industrial Park (Beijing),
No.68 Beiqing Road, Haidian Disrict, Beijing, China 100094
A new study of the online content viewing behaviour of Filipino consumers has found that 49% access streaming piracy websites or torrent sites. The levels of piracy went as high as 53% within the 25-34 age demographic. The survey commissioned by the Asia Video Industry Association‘s Coalition Against Piracy (CAP) and conducted by YouGov, found that 47% of consumers who accessed piracy sites cancelled their subscriptions to both local and international content services.
The levels of piracy in the Philippines now dwarfs neighbouring Malaysia and Indonesia which have both seen substantial reductions in online piracy over the last 12 months. In Indonesia a similar YouGov survey found a massive 55% reduction in Indonesians accessing piracy services with 28% of consumers admitting to accessing piracy websites compared to 63% in 2019. In Malaysia, a YouGov survey found a 64% decline in users accessing piracy sites when compared to a similar YouGov survey in 2019.
In both countries, a key variable for the decline in online piracy levels was the government’s proactive piracy site blocking initiative. In Malaysia more than half (55%) of online consumers noticed that a piracy service had been blocked by the Malaysian government, which subsequently influenced viewing habits with 49% stating that they no longer accessed piracy services and 40% saying that they now ‘rarely accessed’ piracy services as a result of the site blocking.
A Bill currently before the Philippine Senate (Bill #497) entitled the ‘Online Infringement Act’ proposes a regulatory site blocking mechanism which would empower the authorities to ensure that ISPs take “reasonable steps to disable access to sites whenever these sites are reported to be infringing copyright or facilitating copyright infringement.”
The recent YouGov survey suggests that a regulatory site blocking mechanism would be supported by the majority of Filipino consumers. When given choices of what they thought were effective measures of reducing piracy behaviour, 53% of Filipinos agree that a “government order or law for ISPs to block piracy websites” would be the most effective.
Globe President and CEO Ernest Cu said, “The ill effects of online piracy cannot be underestimated. We have been an advocate of content streaming through legal sites only through our #PlayItRight program. This advocacy educates people on the impacts of online piracy and on making the right choices when it comes to online consumption.”
For his part, Atty Teodoro Pascua, Deputy Director General, Intellectual Property Office of the Philippines (IPOPHL) said, “The wide variety of legal services in the Philippines which provide premium entertainment content are reliable and importantly are legal. The piracy alternatives fund crime groups put consumers at risk of malware infection and are unreliable. Piracy only benefits the criminal organisations who are behind these illegal websites.”
Neil Gane, the General Manager of AVIA’s Coalition Against Piracy (CAP) commented, “We are confident that Indonesia and Malaysia will rise to become market leaders in video IP protection in the region, as a result of their site-blocking strategies. We are also confident that other countries in Asia, such as the Philippines, will take note and follow suit, boosting the growth of legal consumption of Filipino and international content.”
When asked about the negative consequences of online piracy, Filipino consumers placed funding crime groups (55%), loss of jobs in the creative industry (50%) and malware risks (49%) as their top three concerns.
YouGov is an international research and data analytics group. For further information visit https://hk.yougov.com. Study conducted in September 2020. All data is weighted to be representative of the online population. Sample size: Philippines n=1,098
About the Asia Video Industry Association
The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) programme and provides insight into the industry through reports and conferences aimed to support a vibrant video industry.
Contact AVIA
For media contacts and additional background:
Charmaine Kwan
Head of Marketing and Communications
Email: charmaine@avia.org
Website: www.avia.org
LinkedIn: www.linkedin.com/company/asiavideoia
Twitter: @AsiaVideoIA
For many companies, the COVID-19 crisis has had a devastating impact. However, despite 2020’s unfavorable circumstances, CBD manufacturer Green Care Solutions is not only staying afloat, but thriving with record sales throughout the duration of the pandemic. C.E.O. Freddy Rashid attributed the company’s success to the existing national brand recognition they received during their 2019 marketing campaign. The company is now accelerating their retail expansion for 2021 and shows no signs of slowing down.
Green Care Solutions is launching its first CBD skincare line, Hemp Avenue Skincare, which caught the attention of ‘As Seen on TV’ founder Kevin Harrington, who will be debuting the new line across the digital platform. When asked about the success of the launch, Rashid notes “We have over 160,000 followers on Instagram so our audience anticipates every time we’re about to launch a new product. Lastly, our formulations are top of the line and the packaging looks incredible so when people see this brand and how it’s packaged, it really grabs their attention.”
Green Care Solutions was set to launch it’s flagship store GCS Market in Fall of 2020, but due to Covid-19 plans to open its doors have been temporarily put on hiatus until LA County reopens. “COVID-19 has affected us in both a negative and positive way for the grand opening, but in a positive aspect we’ve seen a huge increase in sales over the past few months and over the duration of this period. However due to the shutdown, LA County has put restrictions on permits and when we’ll be allowed to open so we’re not sure when our doors will be open.” GCS market will carry all the standard products of a pharmacy/convenience store in addition to a plethora of Green Care Solutions CBD products.
Even with the temporary pause on the store openings, 2020 has been a year of incredible progress for the brand. The hit show and podcast Green Talk by Green Care Solutions will now be available for viewing on Roku. “We are making some huge changes in regards to the expansion of our platform. Right now Green Talk is available on every single listening platform you can think of. Some people prefer to listen on iHeart radio, some prefer iTunes, some prefer Spotify, some prefer to listen to the radio so they tune in to us on NBC Radio, and now we’ve partnered with Roku to air our show there as the next outlet available for our listeners. People will now be able to watch Green Talk on Roku or YouTube.”
Green Talk boasts an impressive line up of celebrity guests, including names like Montel Williams, Tommy Chong, Xzibit, John Salley, and more. “The beauty of our platform with Green Talk is that we get to tap into completely different demographics of listeners every time we have a new guest. We had Tito Ortiz come on the show and tapped into the MMA audience by bringing his fans over to listen, we recently had Fox Sports analyst and former NBA star Jim Jackson on the show and were able to reach a new audience of sports fans who are now coming back to listen. These new listeners are all learning about Green Care Solutions products from our show.”
Rashid never expected the show to become the success it is today, saying “when we first started we were asked to do 1 show per week, now because of how rapidly we’ve grown we’re doing 2 shows per week with over 3.4 million listeners per show and that number is continuing to grow. I’m still just as active in the production of the show now as I was in the beginning, but now things run so much smoother because we have production down perfectly, like a well oiled machine. We also plan on bringing on some new hosts this season as well so we’re really looking forward to announcing who that will be in the near future.”
With the new commercial starring Kevin Harrington now playing across various media platforms, it seems that the Green Care Solutions marketing strategy is truly setting them apart from other CBD brands. The commercial is finishing post-production and is set to air on Apple TV and across movie theatres and all digital platforms offered through Kevin’s media channels. When asked what it was like to work with Kevin and his team Rashid said, “It was an absolutely amazing opportunity and experience. Kevin is one of the best in the world at what he does, being the original shark from Shark Tank and having generated over 5 billion dollars in global sales. When his team approached us to work it was a situation that worked out well for both sides. His Sr. Vice President Lisa Vrancken is exceptional, his staff was incredibly professional and so great to work with, so we’re really excited to share the final products and begin airing our commercials soon.”
To learn more about Green Care Solutions visit www.greencaresolutions.com, and to learn more about Hemp Avenue Skincare visit www.hempavenueskincare.com
Media Contact:
Freddy Rashid, CEO
Green Care Solutions, LLC
Rancho Cucamonga | CA 91739
e:: info@greencaresolutions.com
u:: https://greencaresolutions.com/
Funds Will Support Further Development of Interventional Technologies for Navigation and Treatment of Diseases Across the Lung
Broncus Holding Company (“Broncus”), a global leader in diagnostic and therapeutic technology for lung diseases, today announced the closing of a Series C round of funding led by Lake Bleu Capital, and including Baidu Capital, the venture arm of one of the world’s largest Internet and data science companies, Ascendum Capital, CNCB Capital and DCP Capital, along with previous investor Qiming Venture Capital.
The funds will be used to further develop markets and technology across lung cancer, emphysema and other important lung diseases. Efforts will include expanding global market adoption of the Archimedes Virtual Bronchoscopic Navigation System combining Fused Fluoroscopy, real-time bronchoscopy and virtual bronchoscopic navigation for 3D views and access to nodules anywhere in the lungs; expanded commercial adoption and global clinical studies of the InterVapor System for Bronchoscopic Thermal Vapor Ablation (BTVA) used in emphysema; U.S. and European studies of the EMPOWER RF Catheter used in Bronchoscopic Radiofrequency Ablation (BRFA); and further development of next-generation RF technology to precisely treat lung nodules.
Zhan Guowei, CEO of Broncus, said, “In recent years, medical device leaders such as Medtronic and Johnson & Johnson have invested in the market development of technologies for lung disease, which validates our forward-looking vision to focus exclusively on the diagnosis and treatment of diseases in the lung. Securing investors such as Lake Bleu Capital, Baidu Capital and Intuitive Surgical further supports our strategy to ‘own’ the lung when it comes to diagnosis and treatment. Our breakthrough navigation technology is enabling us to accelerate the development and commercialization of precise interventional technologies for diagnosis and treatment in order to improve options for patients with lung diseases and the physicians that care for them.”
Dr. Li Bin, founder of Lake Bleu Capital, said: “Broncus is Lake Bleu’s major investment in the medical device sector this year because they are addressing a large and unmet need globally in the diagnosis and treatment of lung diseases. Their world-leading Archimedes lung navigation technology is supported with robust data and uniquely helps physicians accurately locate and reach targeted lesions, which will open the door to new and exciting interventional lung therapies. We believe that Broncus is well positioned to lead the world in providing less invasive methods to diagnose and treat lung disease broadly.”
Broncus recently announced a new strategic partnership with Olympus Europa to exclusively distribute Broncus Medical’s Archimedes Planner and Archimedes Lite Virtual Bronchoscopic Navigation (VBN) system in several European countries.
Early investors in the company include Intuitive Surgical, an early pioneer and global technology leader in minimally invasive, robotic-assisted surgery.
About Broncus Holding Company
Broncus is dedicated to the development of diagnostic and therapeutic technology for lung disease. Founded in 2012, the company’s primary technology platforms focus on the diagnosis of lung cancer and the treatment of emphysema. Its lung cancer portfolio includes the Archimedes System, Archimedes Planner, LungPoint Virtual Bronchoscopic Navigation (VBN) System, LungPoint Planner and FleXNeedle.
The Archimedes System has been cleared by the FDA (U.S.), CE (Europe) and NMPA (China) and had broad patent protection globally. The InterVapor System has received the CE Mark.
About Lake Bleu Capital
Lake Bleu Capital is an investment platform that specializes in healthcare in Asia/Greater China. As one of the largest healthcare public equity funds in Asia, the USD public equity fund under Lake Bleu Capital has won multiple industry-leading performance awards for the region of Asia ex-Japan. Meanwhile, Lake Bleu Capital has also focused on private equity investments in the Chinese healthcare industry, successfully completing multiple investments in flagship innovative companies across different healthcare subsectors.
Media Contact:
Broncus
Shirley Deng Email: shirley.deng@dnamedtech.com
Valarhash, a one-stop digital asset service platform, has announced new mining machine hosting plans and services, internationally available since rolling out from the end of September. Valarhash aims to provide customers with one-stop mining services, competitive electricity plans, and professional mining support and maintenance operations, lowering the barriers of entry to mining.
“At the moment, most of the available mining pool hosting sites are located in China,” said Valarhash CEO Fiona Lv. “While based in Sichuan Province, our mining machine hosting services are available to international users who may choose to host their miners or join pools through any of Valarhash’s 9 global data centers.”
The mining power capacities of the hosting service are 100MW in hydropower and 100MW in thermal power, while the mining machines supported include the Antminer S17 series, Whatsminer M20 series, Whatsminer M30 series, Antminer T19 series, and the highly sought after Antminer S19 series. A minimum of 100 hosting machines are available for this plan while the stock lasts. The GPU graphics machine is also available for mining Ethereum.
The service provides customers with a steady source of electricity for mining, calculated seasonally with peak flood season electricity around 0.04 USD (0.25 RMB) per kWh and off-season prices around 0.05-0.06 USD (0.35-0.4 RMB) per kWh, or annually at around 0.05 USD (0.31 RMB) per kWh. Users may register at the Valarhash website and a representative will be in touch.
Stability is at the forefront of Valarhash services. In a recent interview with Binance, Fiona Lv said that with greater stability, mining could yield long-term investment. Since mining operations began in July 2019, Valarhash has launched 1THash mining pool and products linked to 9% hash rate, 1TMine cloud mining platform, and mining farm management software Nelson, which enables users to track data clearly, and optimize investor returns.
Please visit our official website or join us on social media:
Website:Â https://www.valarhash.com/valarhash/index
Twitter:Â https://twitter.com/VaIarhash
Facebook:Â https://www.facebook.com/Valarhash
Linkedin:Â https://www.linkedin.com/company/vhash/
Medium:Â https://medium.com/@Valarhash
Telegram:Â https://t.me/valarhashx1tmine
About Valarhash
Chengdu-based Valarhash integrates mining machine sales, miner hosting, and mining pool and mine construction services. Led by CEO Fiona Lv, Valarhash aims to provide users with transparent and beneficial mining plans using advanced technology, with a lower barrier of entry. Business operations cover hardware research and development, digital asset transactions and 1TMine hash power contract sharing. With a leading position in the hash power market, Valarhash integrates frontier resources with global vision, linking physical and digital worlds with blockchain technology.
Wintermar’s Occupational Health and Safety Management System has attained the ISO 45001:2018 certification, demonstrating the group’s continued commitment to quality services for clients.
On 8 October 2020, PT Wintermar Offshore Marine Tbk (WINS:JK) received the certification of compliance with the new and improved ISO 45001:2018 certification for Occupational Health and Safety Management System. This milestone, achieved in the midst of the COVID-19 pandemic, underscores the importance placed on employee and client health and safety. It also marks the continuing move towards risk-based thinking in the management system. The Company Integrated Management system is now certified for the upgraded ISO requirements in all three areas: Quality through ISO 9001:2015, Environment through ISO 14001:2015 and for Occupational Health and Safety through ISO 45001:2018.
Wintermar’s actions during the pandemic
During the past months, the Company has worked to bring down the cost base, enforcing strict cost controls to improve efficiency. These measures help to offset some of the unexpected new costs related to COVID-19 testing, prevention and quarantining, which are new standard precautions to prioritise the health and safety of clients and personnel during the pandemic.
The initial downturn in oil prices in 2Q2020 caused some contract cancellation and postponement. However, the gradual recovery in oil and gas demand has signalled a return of oil price stability in recent weeks. There has been a pick-up offshore activity lately. Fleet utilization has recovered from the slump in 2Q2020 as the Company managed to secure some short-term work to mitigate some of the loss of work caused by the pandemic.
As at end of August 2020, the Company’s Contracts on hand amounted to US$ 69.5 million.
About Wintermar Offshore Marine Group
Wintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real time by shore-based Vessel Teams.
Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd’s Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.
Contact:
Ms. Pek Swan Layanto, CFA Investor Relations PT Wintermar Offshore Marine Tbk Tel +62 21 530 5201 Ext 401 Email: investor_relations@wintermar.com
Companies can now secure competitive deals for both electricity and RECs
Singapore’s Energy Market Company (EMC) announced that organisations committed to environmental sustainability can now conveniently purchase electricity and offset their electricity consumption with Renewable Energy Certificates (RECs) through EMC’s PowerSelect platform.
RECs are an additional offering on the PowerSelect platform, which helps businesses efficiently source the best electricity packages across a large number of electricity retailers in Singapore. With this new service, organisations can now also access a wide range of RECs from local and overseas energy providers, and across different renewable energy sources. Increased choices for both electricity packages and RECs translate into more competitive prices for customers.
RECs are financial instruments that certify the purchase by an investor of units of electricity generated from renewable energy sources. Once the renewable energy is fed into the national power grid by the power generator, the REC can be traded as a separate energy commodity (1)(2)(Fact Sheet on RECs in Annex A).
Sound sustainability practice and corporate reputation go hand in hand
RECs support businesses towards environmental sustainability goals. In addition to enhancing corporate reputation, studies have shown that good sustainability practices can be a competitive advantage and support business growth. Organisations that have already purchased RECs from EMC include City Developments Limited (CDL), Singapore Exchange (SGX) and the Sharjah Electricity, Water and Gas Authority (SEWA) in the United Arab Emirates.
Loh Boon Chye, Chief Executive Officer (CEO) of SGX, said: “A commitment to Environmental, Social and Governance (ESG) practices is seen as increasingly important by customers, employees and shareholders of companies, who want their investments to not only deliver a financial return, but also contribute to social goals including environmental sustainability. We are delighted that our subsidiary EMC has launched a RECs offering which helps support organisations in their sustainability goals. SGX is pleased to be EMC’s first customer, offsetting the electricity consumption of our offices in FY2019/20 using locally-produced RECs, which will support the adoption of solar panels in Singapore.”
Convenience and benefits of purchasing electricity and RECs through EMC
Toh Seong Wah, CEO of EMC, said: “PowerSelect is a one-stop marketplace where businesses in Singapore can competitively purchase electricity and offset their electricity consumption with RECs. While customers can purchase either product independently, they gain additional savings when they purchase both electricity packages and RECs.”
“EMC is neither a buyer nor a seller of electricity or RECs. This fully independent role means EMC is able to serve as a trusted advisor to our customers, helping them navigate the electricity and RECs markets and obtain the best value for their transactions,” added Mr Toh.
RECs customers benefit from EMC’s large pool of local and overseas suppliers, as well as the full range of renewable energy sources including solar, wind and hydro power. Customers that require a large quantity of RECs, which individual sellers may not have, can also rely on EMC to aggregate supply.
In addition, customers save significant time and effort as EMC does all the groundwork – like liaising with RECs suppliers, obtaining and comparing prices – before recommending the RECs that best meet their requirements. Furthermore, with EMC as its contract counterparty, customers face negligible counterparty risk compared to them entering contracts with RECs sellers directly. This is especially so with overseas sellers who usually require that buyers make payment before they receive the RECs.
Customers trust EMC’s experience and reputation
With almost 20 years’ experience in the power sector and backed by SGX, EMC ensures its customers can buy with confidence. The RECs offered by EMC are accredited by either the International REC Standard Foundation (I-REC) or the Tradable Instrument for Global Renewables (TIGR) Registry, the two key independent global RECs accreditations that ensure verification of trades and adherence to best practices in the sector.
As awareness grows of the need to mitigate global warming and climate change, EMC’s customers are recognising the importance of RECs as instruments to help demonstrate their commitment to environmental sustainability.
Esther An, Chief Sustainability Officer, City Developments Limited (CDL), said: “As a sustainability pioneer and green building champion, CDL has remained steadfast in tackling the climate crisis and reducing our carbon emissions. As the world navigates this new normal, sustainability, energy efficiency and the reduction of our carbon footprint will remain our top priorities in the way we design, build and manage our assets. Committed to embracing innovative technologies and solutions that reduce environmental impact, CDL is glad to support EMC’s initiative to accelerate Singapore’s transition towards a low-carbon economy increasingly powered by renewable energy.”
His Excellency Dr. Rashid Al Leem, Chairman of the Sharjah Electricity, Water and Gas Authority (SEWA), said: “Sustainable growth and carbon neutrality are important pillars in SEWA’s Vision 2025, which is our blueprint towards a globally successful, innovative and sustainable tomorrow. EMC is the ideal partner for us, as we develop our plans to show our commitment to sustainability through the use of RECs.”
Governments and enterprises around the globe are increasingly taking action to reduce their carbon footprint. EMC’s entry into the RECs market demonstrates its commitment to the market’s growth and evolution, and the development of renewable energy at large.
– RECs, Renewable Energy Certificates : http://www.acnnewswire.com/clientreports/598/FactSheet.pdf
– PowerSelect platform : https://www.powerselect.sg
– EMC, the Energy Market Company : https://www.emcsg.com
About Energy Market Company
Energy Market Company (EMC) operates the wholesale market of the National Electricity Market of Singapore (NEMS), which is Asia’s first liberalised electricity market. EMC completes the connection between those who make electricity in Singapore and those who use it.
As the exchange for wholesale electricity trading, EMC provides a transparent and competitive trading platform and its key activities include calculating prices, scheduling generation, clearing and settling market transactions as well as supporting governance of the market.
In line with its mission of building successful energy markets, EMC also provides training and consultancy services to promote the development of competitive electricity markets in countries that are embarking on the path of market liberalisation.
EMC is a subsidiary of the SGX Group. For more information on EMC, please visit www.emcsg.com.
For media enquiries, please contact:
Winnie Tan
Vice President, Communications
Mobile: +65 9782 9705
Email: winnie.tan@emcsg.com
Carol Chong
Senior Executive, Communications
Tel: +65 6871 1857
Email: carol.chong@emcsg.com
1. PowerSelect is the most comprehensive electricity procurement portal for businesses in Singapore. It offers different procurement options (including ‘live’ auctions which drive prices down), access to data from the wholesale and futures electricity markets, and is supported by a good mix and number of electricity retailers in Singapore. For more information on PowerSelect, please visit the PowerSelect website.
2. RECs were created as a means of tracking and recording the amount of energy from renewable sources such as biomass, biogas, hydro-, solar- or wind-generated power, fed into national power grids.
3. Clark, G. L., Feiner, A., & Viehs, M. (2015, March). From the stockholder to the stakeholder – How sustainability can drive financial outperformance. University of Oxford and Arabesque Asset Management Ltd.
