Pennytobuck Stock Update On Yong, Mon, And Nuec
NuEarth Corporation (Pink Sheets:NUEC) a manufacturer and marketer of Clean & Green
products and technology, reported that NUECs Laboratory and Research Division TerraSolv SA has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A (LIA) of Italy.
The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.
NUEC is a company dedicated to bringing to market Clean Solutions to Complex Problems by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about NuEarth and its product offerings visit us on the web at www.nuearthcorp.com
The agreement will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing. The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.
Monsanto Company's (NYSE:MON) Carl Casale, executive vice president and chief financial officer, and Brett Begemann, executive vice president seeds & traits, will address investors in separate investor conferences in September.
Executives will discuss MON's business performance and operational path, product performance and other matters related to the business during the presentations. Conference details follow.
UBS Best of Americas Conference: On Thursday, Sept. 9, Casale will be presenting at the Fifth Annual UBS Best of Americas Conference. Casale's presentation will begin at 6:20 a.m. central time (CT).
Credit Suisse Chemical and Ag Science Conference: On Wednesday, Sept. 15, Begemann will present at the Credit Suisse 23rd Annual Chemical and Ag Science Conference. Begemann's presentation will begin at 11 a.m. central time (CT).
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy.
Yongye International, Inc. (Nasdaq:YONG) , a leading manufacturer, developer and distributor of "Shengmingsu" brand plant and animal nutrient products in China, recently announced that YONG's operating subsidiary, Yongye Nongfeng Biotechnology ("Yongye Nongfeng"), entered into two new revolving credit facilities totaling RMB 400 million (approximately $59 million).
Under the terms of the revolving credit facility with the Agricultural Bank of China, Yongye Nongfeng can borrow up to a total of RMB 300 million (approximately $44 million) at an interest rate equal to the benchmark lending rate designated by the People's Bank of China ("PBC"), China's central bank.
Yongye International is a Chinese agricultural nutrient company headquartered in Beijing, with its production facilities located in Hohhot, Inner Mongolia, China. Yongye markets two lines of organic nutrient products: a liquid nutrient product which is sprayed on plants and a powder nutrient product which is added to animal feed. Both products are sold under the brand name "Shengmingsu," which means "life essential" in Chinese. The Company's patented and patent pending formulas and proprietary extraction processes allow it to create products that increase crop yields and improve the health of livestock. The Company sells its products primarily to provincial or regional level distributors, who then channel those products to a carefully selected network of independently-owned Yongye branded stores in China. For more information, please visit the Company's website at http://www.yongyeintl.com .
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by: Bill Pennyman
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