LAS VEGAS – May 30, 2023 – PRLog — MyTEPI, Inc. (“MyTEPI”, the “Company”) announced today that it has entered into a non-binding letter of intent (“LOI”) with John Abrams, Ph.D. and Jean Talleyrand, M.D. (the “Scientists”).
Pursuant to the LOI, the parties will collaborate on the development of science-based and consumer-centric technology applications for the cannabis industry.
Additionally, the Company and the Scientists will work together on projects that help advance the field of cannabis sciences as well as other projects in the context of consumer health and wellness.
Separately, the Scientists will join MyTEPI’s advisory board to serve as senior advisors.
Livi McKay, Founder and CEO of MyTEPI, commented: “We are thrilled to be working with Dr. Abrams and Dr. Talleyrand in our combined vision to bring an evidence-based, consumer-centric approach to guiding people to the products they need.”
John Abrams, Ph.D. commented: “We have developed a robust Cannabis classification system, anchored by chemistry, which is easily communicated to consumers. They now can correlate their individual experiences with product type. Our alignment with MyTEPI advances our goal of fostering widespread adoption of our categorization platform across the Cannabis Industry.
Jean Talleyrand, M.D. further commented: “This partnership addresses an unmet need within the Cannabis-using community. It also facilitates our research goals aimed at understanding how Dosage and Demography influence the Cannabis Mind.”
About John Abrams, Ph.D. and Jean Talleyrand, M.D.
Dr. Abrams and Dr. Talleyrand co-founded The Clinical Endocannabinoid System Consortium (“CESC”) a leading cannabis research organization with over 60 years of experience in drug development and clinical observations of cannabis use. For more information, please visit www.thecesc.org
Dr. Abrams was rated 2020 top Cannabis Scientists by Cannabis Science magazine. He spent six foundational years as Scientific Director of the Emerald Science Conference. Dr. Abrams entered the Cannabis industry after a successful career investigating antibodies as therapeutic agents. His Cannabis industry accomplishments include developing a novel algorithm for Cannabis chemotype categorization.
Dr. Talleyrand is the most experienced Cannabis clinician world-wide. In 2004, he founded MediCann, a Cannabis physician referral service providing over one half million patient consultations. Dr. Talleyrand’s first clinical program, the Dosing Project, employs an observational approach to Cannabis study, translating crowd-sourced data in order to elucidate Cannabis dose effect relationships.
About MyTEPI
MyTEPI is a startup engaged in providing consumer-focused technology solutions to the adult-use and medical cannabis markets in the United States. MyTEPI develops tools to assist consumers in making an informed choice, regardless of their education or level of experience with cannabis. The Cannabis Profiler is a webapp that was developed and released by MyTEPI and is available for free. It allows cannabis consumers to spot-check product quality and potential therapeutic effects prior to making a purchase. For more information, please visit www.mytepi.com
Media Contact Livi McKay Founder, President, and CEO livi@mytepi.com
Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Saipem S.p.A., one of major engineering companies in Italy, under which MHI will provide Saipem with its proprietary “KM CDR Process” and “Advanced KM CDR Process” technologies for use in CO2 capture plants. Both technologies were jointly developed with The Kansai Electric Power Co., Inc.
CO2 Capture Plant (conceptual image)
Saipem is a leading global solution provider that performs engineering, procurement, construction and project management in the energy and infrastructure sector. With bases in more than 70 countries, the company possesses advanced, innovative engineering technologies and has a solid track record in completed deliveries. MHI has had a cooperative relationship with Saipem for many years relating to the latter’s Snamprogetti Urea technology, resulting in construction of world-class scale fertilizer plants. Now, through the collaboration in CCUS (Carbon Capture, Utilization and Storage), a structure is in place enabling execution of CO2 capture plants making use of the two partners’ respective strengths.
The strategic new tie-up is aimed at expanding sales of CO2 capture plants to Saipem’s core business fields especially in Europe and the Middle East, where demand of decarbonization would be increasing in the years ahead. With ability to accommodate numerous projects, MHI looks to ensure a leading position in the developing global CCUS market. The newly expanded collaboration with Saipem can be expected to further advance MHI’s global CCUS strategy in addition to other partnerships MHI has formed over the years globally.
Fabrizio Botta, Saipem’s Chief Commercial Officer, commented: “This agreement, signed with a key partner such as Mitsubishi Heavy Industries, allows Saipem to combine its expertise and track-record in designing and building Upstream, Mid-stream and Downstream facilities with the most advance post-combustion technology for large plants. This enables Saipem to further consolidate its position and expand its portfolio of solutions in the decarbonisation sector.”
Kenji Terasawa, CEO and Head of Engineering Solutions said: “We are pleased to be partnering with Saipem, with whom we have had a longstanding relationship in other fields, in the CO2 capture business. With this agreement, we would like to collaborate with Saipem for numerous projects in Europe and the Middle East etc., to lead a global CCUS market growth as an innovative solutions provider. We will accelerate the CO2 capture business and create CCUS value chain in order to achieve a carbon neutral society.”
MHI has declared MISSION NET ZERO to achieve carbon neutrality by 2040, and the Company is now undertaking strategic initiatives toward decarbonizing the energy supply side. Core among those efforts is the development of a CO2 solutions ecosystem, which links diverse carbon emission sources with storage and utilization. Going forward, the Company’s Engineering Solutions integrated into MHI in this April and possesses proprietary CO2 capture technologies, will vigorously advance MHI Group’s CCUS operations, and contribute to reducing greenhouse gases on global scale. MHI will also press ahead in developing new solutions to contribute to global environmental protection.
About MHI Group’s CO2 capture technologies
MHI has been developing the KM CDR Process (Kansai Mitsubishi Carbon Dioxide Recovery Process) and Advanced KM CDR Process in collaboration with Kansai Electric Power since 1990. As of April 2023, the Company has delivered 15 plants adopting the KM CDR Process, and three more are currently under construction. The Advanced KM CDR Process uses KS-21, which incorporates technological improvements over the amine-based KS-1 solvent adopted at all 15 of the commercial CO2 capture plants MHI has delivered to date. The advanced version offers superior regeneration efficiency and lower deterioration than the KS-1, and it has been verified to provide excellent energy saving performance, reduce operating costs, and result in low amine emissions.
For further information on MHI’s CO2 capture plants: www.mhi.com/products/engineering/co2plants.html
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Enel, the European Investment Bank (EIB), via its development branch EIB Global, and SACE, the Italian export credit agency, agreed on a multi-country, multi-business and multi-currency facility of up to 600 million euros to support sustainable energy investments in Latin America through sustainability-linked financing instruments
This is EIB-SACEs first sustainability-linked transaction and the EIBs largest financing ever given to a private sector entity outside Europe
As part of the agreement, 130 million US dollars were granted to Enel Green Power Perú S.A.C., a subsidiary of the Enel Group, earmarked to support the development of wind and solar projects for nearly 300 MW in Peru, partially guaranteed by SACE
Enel, the European Investment Bank (EIB) via its development branch EIB Global, and SACE joined forces to support the development of renewable energy and energy efficiency programs in Brazil, Colombia, and Peru through sustainability-linked financing instruments to mitigate the effects caused by climate change. To this end, the EIB has provided Enel with a sustainability-linked financing framework which foresees a multi-country, multi-business and multi-currency facilityof up to 600 million euros (equal to over 650 million US dollars), backed by a guarantee from SACE.
This agreement represents EIB-SACEs first sustainability-linked operation and the banks largest financing to a private sector entity outside Europe. Projects financed with this facility are expected to generate around 2,307 GWh of clean energy each year, equivalent to the annual consumption of 1.32 million households.
As part of the agreement, Enel Green Power Perú S.A.C., a subsidiary of Enel Group, was granted 130 million US dollars, earmarked to implement wind and solar photovoltaic projects for nearly 300 MW in Peru. The remainder of the 600 million euro facility will support the growth of the Enel Groups sustainable investments in Brazil and Colombia through renewable energy generation and power distribution projects.
[p”This new agreement with Enel and SACE is a perfect illustration of how the EIB intends to work through EIB Global, where partnerships are central. It also shows our increased commitment to promoting sustainable and green investments in Brazil, Colombia, and Peru. At the EIB, we firmly believe that only by boosting the energy transition we can achieve the global climate goals while fueling economic growth and creating new employment opportunities, said Ricardo Mourinho Félix, European Investment Bank Vice President.[/p]
Together with EIB and SACE, we are leading the transformation of international private and public finance towards a sustainability-linked approach, said Enel CFO Alberto De Paoli. This evolution of sustainable finance will support long-term growth and a just transition, not only in Europe but also across Latin America, through a synergy between private and public players that aims to push sustainable development and accelerate the achievement of global sustainability goals, in line with the Paris Agreement and the United Nations 2030 Agenda.
We are proud to be part of this major project related to sustainable investments in Latin America with the collaboration of and in synergy with the European Investment Bank and Enel, declared Dario Liguti, Chief Underwriting Officer of SACE. Thanks to the experience and know-how of over 40 years, SACE contributes to the success of Made in Italy in complex contexts, in which the role of risk mitigator and business facilitator is crucial. We truly believe that this operation will lead the way in increasing our collaboration with EIB, and in particular on sustainable finance.
The 600 million euro facility is linked to Enels ability to achieve its target for direct greenhouse gas emissions (Scope 1), measured in grams of CO2eq/kWh, equal to or below 148 gCO2eq/kWh by 2023, thus contributing to United Nations Sustainable Development Goal (SDG) 13 (Climate Action). Depending on the level of achievement of this target, the loan provides for a step-up/step-down mechanism that will trigger a margin adjustment.
The transaction is in line with Enels Sustainability-Linked Financing Framework, updated in January 2022, which fully integrates sustainability into the Groups global financing program, as well as with the EIB Climate Bank Roadmap. Moreover, the framework is in line with the International Capital Market Association (ICMA)s Sustainability-Linked Bond Principles and with the Loan Market Association (LMA)s Sustainability-Linked Loan Principles, as verified by the second-party provider V.E.
About Enel
Enel, which celebrates its 60th anniversary this year, is a multinational power company and a leading integrated player in the global power and renewables markets.
At global level, it is the largest renewable private player, the foremost network operator by number of end users and the biggest retail operator by customer base. The Group is the worldwide demand response leader and the largest European utility by ordinary EBITDA [1].
Enel is present in over 30 countries worldwide, producing energy with over 90 GW of total capacity.
Enel distributes electricity through a network of over 2.2 million kilometers to more than 75 million end users. The Group brings energy to around 70 million homes and businesses. Enels renewables arm Enel Green Power has a total capacity of around 54 GW and a generation mix that includes wind, solar, geothermal, and hydroelectric power, as well as energy storage facilities, installed in Europe, the Americas, Africa, Asia, and Oceania. Enel X Global Retail, Enels global advanced energy services business line, has a total capacity of around 7.7 GW of demand response managed globally and has installed 80 MW of behind-the-meter storage capacity. In addition, Enel X Way is the Groups new global business line fully dedicated to electric mobility, managing around 320,000 public and private EV charging points worldwide, both directly and through interoperability agreements.
[1] Enels leadership in the different categories is defined by comparison with competitors FY 2020 data. Publicly owned operators are not included.
About EIB
The European Investment Bank (EIB) finances projects in four priority areas: infrastructure, innovation, climate and environment, and small and medium-sized enterprises (SMEs).
EIB Global
EIB Global is the EIB Groups new specialized arm dedicated to increasing the impact of international partnerships and development finance. EIB Global is designed to foster strong, focused partnerships within Team Europe, alongside fellow development finance institutions, and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world.
SACE is the Italian financial insurance company, under Italys Ministry of Economy and Finance, specialized in supporting businesses and the countrys economic fabric through a wide range of tools and solutions to support competitiveness in Italy and around the world. For over forty years, SACE has been the partner of reference for Italian companies exporting to and expanding in foreign markets. SACE also supports the banking system, providing financial guarantees to facilitate companies access to credit; this role has been reinforced by the extraordinary measures introduced by Italys Liquidity Decree and Simplifications Decree. The recent measures have, in fact, expanded SACEs mandate beyond the traditional support for exports and internationalization, adding important elements such as support for companies on the domestic market and guarantees for green projects in the implementation of the Italian Green New Deal – a new mandate that makes SACE an institution committed to promoting the development of the country. With a portfolio of insured and guaranteed transactions equal to 166 billion euros in investments, SACE serves over 33,000 companies, especially SMEs, supporting their growth in Italy and in around 200 foreign markets.
Today, Canada’s Chief Veterinary Officer, Dr. Mary Jane Ireland, announced that the Canadian Food Inspection Agency (CFIA) and the Vietnam Food Administration have agreed to an African swine fever (ASF) zoning arrangement to allow for the safe trade of swine products from disease-free zones in Canada in the event of an ASF outbreak.
October 6, 2021 – Ottawa ON
Today, Canada’s Chief Veterinary Officer, Dr. Mary Jane Ireland, announced that the Canadian Food Inspection Agency (CFIA) and the Vietnam Food Administration have agreed to an African swine fever (ASF) zoning arrangement to allow for the safe trade of swine products from disease-free zones in Canada in the event of an ASF outbreak.
ASF is a viral disease that does not infect humans, but poses a significant risk to the health of Canadian swine herds, pork industry and the Canadian economy.
Following their evaluation of CFIA’s zoning proposal, Vietnam has agreed that restrictions on the import of Canadian pork and pork products, valued at $59 million per year, would be limited to the Primary Control Zone(s) in the event of an ASF outbreak in Canada. This arrangement would serve to minimize trade impacts to the Canadian swine sector while protecting the swine populations in both countries.
Zoning is an internationally-recognized tool used to help manage diseases and facilitate international trade. If a case of ASF is identified, geographic boundaries are defined to contain the outbreak. The area within these geographic boundaries form the Primary Control Zone(s) established in accordance with the World Organisation for Animal Health (OIE) guidelines. The areas outside of these Primary Control Zone(s) are considered disease-free zones.
Zoning arrangements have been established with the United States, the European Union, Singapore and now Vietnam, and they are being pursued with other trading partners. The arrangement with Vietnam is another positive step in Canada’s prevention and preparedness efforts related to ASF.
Quick facts
Canada’s pork industry contributes over 100,000 direct and indirect jobs and generates approximately $28 billion to the Canadian economy.
In 2020, Canada exported 1.49 million tonnes of pork to 95 countries at a total value of over $5 billion. Canada is the third-largest pork exporting country in both value and volume and represents 14% of the world’s pork trade. Canada exports nearly 70% of its live hog and pork production.
The value of pork exports to Vietnam in 2020 was $59.2 million.
ASF cannot be transmitted to humans and it does not pose a risk to food safety. Canadian pork is safe to eat.
ASF is a contagious, fatal swine disease that spreads to pigs through both direct and indirect contact with infected pigs, pork and pork by-products.
There is no treatment or vaccine for ASF.
Associated links
African swine fever (Canadian Food Inspection Agency)
News Release: Canada and European Union mitigate potential trade impacts by allowing safe trade in disease-free zones in the event of an African swine fever outbreak
Canada, United States agree on application of zones to allow safe trade in the event of an African swine fever outbreak
Singapore agrees to zoning arrangement to allow for safe trade from Canada in the event of an African swine fever outbreak
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has agreed on a framework to acquire an equity interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi Power Americas Inc. (Mitsubishi Power) and Magnum Development, LLC (Magnum) that owns the Advanced Clean Energy Storage project. This project will produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western United States.
The Advanced Clean Energy Storage project will produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western United States. (Credit: Mitsubishi Power)
The joint venture is located in Delta, Utah, adjacent to the Intermountain Power Plant, which will use green hydrogen to produce electricity with lower lifecycle carbon emissions. Future anticipated projects include the expansion of green hydrogen supply to other Western states and the construction of connecting hydrogen infrastructure to build a regional hydrogen production, transportation and supply network. Chevron is working to build demand for hydrogen — and the technologies that support it — in heavy-duty transportation and industrial sectors in which greenhouse gas emissions are hard to abate.
“Chevron New Energies was created to grow new competitive business lines in areas like hydrogen,” said Jeff Gustavson, President of Chevron New Energies. “The potential to partner with Mitsubishi Power and Magnum Development on the Advanced Clean Energy Storage project presents an exciting opportunity that would bring together our unique strengths and would provide a scalable platform to supply our customers with affordable, reliable and ever-cleaner energy.”
Paul Browning, President and CEO of Mitsubishi Power Americas, said, “For several years, we’ve been working with early adopters of green hydrogen in the power sector that have easy access to salt domes or existing hydrogen infrastructure, such as the Intermountain Power Agency and Magnum Development. Now it’s time to connect massive geologic hydrogen storage in Delta, Utah, to power, transportation and industrial users throughout the western United States. Chevron’s footprint and expertise in the transportation and industrial sectors make them an ideal partner for this next phase of expansion. Together with our customers and partners, we are creating a Change in Power.”
“I look forward to the opportunity to collaborate with Chevron as a strategic partner in our ACES Delta venture. Chevron’s participation will add tremendous value as we develop a world class – and world’s largest – green hydrogen production and storage facility,” said Craig Broussard, President, CEO and Board Chairman of Magnum Development, LLC. “Combined with Chevron’s in-depth capabilities, the ACES Delta facility will serve as a platform to deliver on our shared vision and continue building our robust pipeline of high quality, actionable projects that will help decarbonize multiple sectors of the U.S. economy.”
ACES Delta is co-owned by Magnum, which is a Haddington Ventures portfolio company, and Mitsubishi Power. Chevron, Magnum and Mitsubishi Power are negotiating definitive documentation outlining Chevron’s participation in the joint venture. The terms of this transaction are subject to the negotiation of definitive agreements, and closing of the transaction will be subject to customary closing conditions.
