/home/grassnews/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153
">
Warning: Undefined array key 0 in /home/grassnews/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153
Warning: Attempt to read property "cat_name" on null in /home/grassnews/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153
Arthur D. Little: Nord Stream 2 Provides Economic Benefits, Generates Innovation and Helps to Develop Contractors’ Businesses
Major infrastructure project has total economic benefit to EU of €9.9
billion
LONDON–(BUSINESS WIRE)–The second part of a recent report from Arthur D. Little (ADL) – “Nord
Stream 2 economic impact in the construction phase” – analyzes the
economic effects (job creation and GDP) of the ongoing project to build
two new gas pipelines from Russia to Germany. The report, which is a
follow-up to an earlier report created in 2017, analyzes the current
status of project investment and concludes that the total economic
benefit to the European Union (EU) represents €9.9 billion for building
the pipelines. In comparison to the first report (2017), which was
carried out in the procurement phase, more than twice as much CAPEX has
now been committed and spent in several EU and non-EU countries now that
the project is in the middle of construction. More than 1,000
contractors from all over Europe and Russia are contributing to the
realization of the project. This includes both large international firms
providing materials or construction services and small enterprises
providing expert services. Furthermore, the investment until the end of
December 2018 creates 57,500 full-time job equivalents in the EU over
five years, adding €4.7 billion in GDP in various industrial sectors.
Nord Stream 2 is a major natural gas infrastructure project that aims to
build a pipeline system with 55 bcm per year of transport capacity. It
will safely and reliably export gas to the European market, where demand
is stable but indigenous production is decreasing, creating an import
gap.
The objective of the new Arthur D. Little study, commissioned by Nord
Stream 2, is to understand the direct, indirect and induced effects of
the project on the European economy, and on countries where actual
investments in the pipeline have been or are being made in more detail.
Compared to the previous report, the current one takes actual spent and
detailed supplier data until the beginning of operations into account.
It estimates the effects related to the execution of the project, as
well as those on supply chains and the wider economy. The analysis used
an economic modeling tool (IMPLAN) based on underlying statistical
databases for different economies. The study considers all committed and
spent investments as of the end of December 2018 of (CAPEX) €8 billion.
The most pronounced effects are seen in countries where major
project-related construction activities are taking place – Russia,
Germany, Finland, Denmark and Sweden; in countries traditionally
associated with the offshore oil and gas industry that host the majority
of service providers – the Netherlands, the United Kingdom, Norway and
Italy; and at the headquarters of the project developer and other
international service providers. The current study was complemented with
supplier interviews which confirmed the beneficial impact the project
has had on corporate development and local communities. Also highlighted
in the study were some of the major innovations and pioneering solutions
for challenges that resulted from project work.
Michael Kruse, Partner in ADL’s Energy & Utilities Practice, said: “At a
time when the oil and gas industry is experiencing cut-backs and
lay-offs, this report transparently demonstrates the benefits of large
energy infrastructure projects such as Nord Stream 2.”
The report can be downloaded here: www.adl.com/NordStream2impact.
Contacts
Cate Bonthuys
Catalyst Comms
+447746546773
[email protected]
Warning: Undefined array key 0 in /home/grassnews/public_html/wp-content/themes/zox-news/parts/post-single.php on line 493
Warning: Attempt to read property "cat_ID" on null in /home/grassnews/public_html/wp-content/themes/zox-news/parts/post-single.php on line 493
Cannabis
Sannabis, Inc. (OTC: USPS) Announces First Shipment of Cannabis Essential Oil from Colombia to U.S. to Fill First Order, as the DEA Re-Classifies Marijuana from Schedule I to Schedule III
Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
Logo – https://mma.prnewswire.com/media/2328955/Humboldt_Seed_Company_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace-302131618.html
Cannabis
Technological Advancements in Breathalyzers Drive Market Growth and Enhance Road Safety
-
Cannabis2 weeks ago
Sannabis, Inc. (OTC: USPS) Unveils Innovative NO LICK! Terpene Spray for Cannabis Products to Enhance CBD and THC to Achieve the Entourage Effect
-
Cannabis2 weeks ago
Cannabis Concentrate Market to Cross US$2.4 Billion by 2030 amid Rising Medical and Recreational Demand
-
Innocan1 week ago
Innocan Pharma Initiates FDA Approval Process for Liposome Injection Therapy for Chronic Pain
-
Curaleaf2 weeks ago
Curaleaf Completes Acquisition of Northern Green Canada
-
Cannabis1 week ago
Cannabis Capsule Global Analysis Report 2024: Market to Reach $79.2 Billion in 2028 – Forecast to 2033 Featuring GW Pharmaceuticals, Trulieve Cannabis, Green Thumb Industries, Tilray, Columbia Care
-
Cannabis3 days ago
Technological Advancements in Breathalyzers Drive Market Growth and Enhance Road Safety
-
SCHWAZZE3 days ago
Schwazze Sets First Quarter 2024 Conference Call for May 15, 2024 at 5:00 p.m. ET
-
Humboldt3 days ago
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace