Nutritional Experts Laud Nutrient Rich & Naturally Harvested Ingredients such as Eco-Friendly Moringa; Company Enters JV to Meet Growing Moringa Demand
CORAL SPRINGS, Florida, May 5, 2016 /PRNewswire/ --
Nutrient rich & eco-friendly ingredients appear to not only be fuel for the human body, but also the agricultural sector as companies race to develop advancing, naturally harvested components. With new, JV projects, research and products being introduced daily, companies with current developments of note in the markets today are New Global Energy, Inc. (OTC: NGEY), Monsanto Company (NYSE: MON), Syngenta AG (NYSE: SYT) DuPont Co. (NYSE: DD) & Agrium Inc. (AGU).
New Global Energy, Inc. (OTCQB: NGEY) ("the Company"), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, announced today that its Board of Directors has approved the launch of Moringa Reserve, LLC to develop, operate, distribute and sell Moringa-based products to U.S. retail markets. Moringa Reserve, LLC will be operated as a joint venture between New Global Energy and Moringa Energy, LLC, whose principals are the owners of the world's largest Moringa farm located in Leon, Nicaragua. The 180-acre farm is a leading source of nutrient rich Moringa and will ensure that Moringa Reserve has access to the finest quality Moringa in sufficient supply to meet demand. The companies signed a definitive operating agreement and production is expected to begin in the second quarter of 2017.
Read the fullNew Global Energy (NGEY) Press Release at: http://www.financialnewsmedia.com/profiles/ngey.html
"Our Moringa is all natural and organically grown without any chemicals on extremely fertile land from volcanic origin. We also don't use Gama-irradiation, which destroys many of the nutrients in the leaves. We do not use binding agents, fillers or laboratory-made synthetic chemicals that our bodies can't absorb and can have negative side effects. No artificial sweeteners, MSG or gluten are found any of our products," said Moringa Energy Founder Jacobo Arguello. "We are pleased to finalize our joint venture and are confident that we will have enough Moringa to meet future demand. The U.S. market is now more receptive than ever to new Moringa products. It is considered the most nutrient rich plant on earth with over 92 nutrients and can radically benefit one's overall health in literally hundreds of ways," said Chief Executive Officer Perry D. West.
New Global Energy is already a leader in Moringa and uses it as a key component of the proprietary fish feed formula that is one of the cornerstones of the company's sustainable fish farming operation. In response to growing consumer demand for healthy seafood, New Global's fish formula is free of GMOs, antibiotics and chemicals and includes an optimized blend of Moringa, nutrient rich algae and a proprietary blend of other ingredients.
In otherAgricultural operations, news and recent developments: Monsanto Company's (NYSE: MON) Mike Frank, chief commercial officer, will address investors in New York on Tuesday, May 10, at the Wells Fargo 2016 Industrials and Chemicals Conference. Frank will discuss the company's strategic initiatives and long-term growth drivers, future expectations, product performance and other matters related to the company's business. Frank's session will begin at 10:35 a.m. ET (9:35 a.m. CT). A webcast link and slides for the event will be available at http://www.monsanto.com/investors.
Syngenta AG (NYSE: SYT) said former DuPont Co. (NYSE: DD) director Erik Fyrwald will take over as chief executive officer to steer the Swiss agrochemical maker through the final stages of its $43 billion takeover by state-owned China National Chemical Corp. Currently CEO of U.S. chemical distributor Univar Inc., Fyrwald will replace John Ramsay, who has run Syngenta on an interim basis since November after the sudden departure of Mike Mack, the Basel-based company said in a statement on Wednesday. Fyrwald left DuPont after 27 years in 2008 and joined Univar four years ago. Syngenta AG, an agribusiness company, engages in the discovery, development, manufacture, and marketing of a range of products designed to enhance crop yields and food quality worldwide. E. I. du Pont de Nemours and Company operates as a science and technology based company. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, rice, seed products, herbicides, fungicides - SOURCE: Bloomberg
Agrium Inc. (NYSE: AGU) announced this week its 2016 first quarter earnings results, with net earnings attributable to equity holders of Agrium of $2-million ($0.02 diluted earnings per share) compared to $12-million ($0.08 diluted earnings per share) in the first quarter of 2015. The reduction in net earnings was driven by weaker selling prices across all nutrients. This was largely offset by excellent results achieved from our Retail operations and strong Wholesale operational performance. Read the full AGU report at http://finance.yahoo.com/news/agriums-solid-first-quarter-results-213000432.html
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