Don Agro International Limited (the “Company” or “Don Agro”) and its subsidiaries (collectively the “Group”), one of the largest agricultural companies based in the Rostov region of Russia, is pleased to announce the launch of a joint pilot project with a startup, Octaviana, which produces a new generation of fertilizer called Live Soil(TM). The main ingredient of this fertilizer is sapropel, also known as bio deposit. This is freshwater organic-rich mud sediment formed from the remains of plankton, water plants, and other marine-dwelling organisms and is the same mud that is used for treatment at balneological resorts. The substance has a complex chemical composition with a broad range of values and is also an efficient and ecologically friendly natural material.
“Our fertilizer is an immunity amplifier and a bio-stimulator for plant growth. It is used as a soil amendment to increase its nitrogen, phosphorous, humus, and microelements’ content and it helps to transfer nutritional elements to plants faster. Sapropel also accelerates plant growth and increases the protein content in wheat”, explained Irina Soloveva, Chief Executive Officer of Octaviana.
She added that Octaviana had recently received a report from the Ministry of Agriculture of the Republic of Angola that indicated faster growth for crops that were treated by Live Soil(TM). Both photos were made on the 42 days after seeds were sown. Plants on the left photo have not been treated with anything while, plants on the right photo were treated by Live Soil(TM).
At Don Agro, seeds of winter wheat that were processed with the Live Soil(TM) have been sown on 210 hectares of arable land.
“We plan to see the result of this pilot project in summer 2022 when we harvest the yields. One of the main benefits of using Live Soil(TM) fertilizers, is that it is basically organic and eco-friendly. Our mission is to be an agricultural company that introduces new technologies to provide a sustainable future for all. Every year we will increase the amount of arable land that is dedicated to no-till farming and organic wheat cultivation. This should help us not only to increase the level of production but also to cut down carbon emissions”, said Ivan Kalaytanov, Chief Agronomist of Don Agro International.
Since the initial public offering in February 2020, the Company had made a number of strategic investments to acquire new machinery and expand facilities in an effort to fuel ongoing growth and sustainable initiatives. In June 2021, Don Agro applied the Cognitive Agro Pilot(TM) autonomous driving system for agricultural machinery to its crop harvesters. This helped to improve productivity and reduce the consumption of fuel and carbon dioxide emissions by 5%.
About Don Agro International Limited
Don Agro is one of the largest agricultural companies in the Rostov region in Russia principally engaged in the cultivation of agricultural crops and production of raw milk. The Group is also engaged in crop production in the Volgograd region in Russia. The Group has a total controlled land bank of 67,340 hectares, of which more than 54,420 hectares are arable land. The Group owns approximately 17,200 hectares of its controlled land bank.
The Group’s operations are principally located in the Rostov region, one of the most fertile regions of Russia, situated close to the Azov and Black Seas and the Don River which house major international ports. The Group’s second operating division in the Volgograd region is located in close proximity to key trading routes including the Volga River. This allows the Group’s customers, who are mainly traders and exporters, to save on transportation costs and, as a result, be able to offer higher prices for the Group’s crops. Within the crop production segment, the Group is primarily engaged in the farming of commercial crops such as winter wheat, sunflower, and corn.
In addition, the Group is the largest milk producer in the Rostov region and owns more than 4,000 heads of dairy cattle which includes approximately 2,200 milking cows.
Issued for and on behalf Don Agro by Financial PR For more information please contact: Romil Singh tech@financialpr.com.sg Tel: +65 6438 2990 Fax: +65 6438 0064
Don Agro International Limited (the “Company”) was listed on Catalist of the Singapore Exchange Securities Trading Limited (the “Exchange”) on 14 February 2020. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”).
This press release has been reviewed by the Company’s Sponsor. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Mr Joseph Au, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg
India will pitch for becoming the preferred sourcing partner for the global textile industry during the textile week at the India Pavilion in EXPO2020, at Dubai, starting on Friday, the 26th Nov, 2021 . Minister of State for Textile & Railways, Smt. Darshana V Jardosh will inaugurate the ‘Textile Week’ virtually and is slated to invite the global investors to invest in the Indian textile value chain and make it a preferred sourcing partner. Talking about the upcoming textile week (26th Nov – 2nd Dec), Smt. Jardosh said, “Indian textile is world renowned as it not only represents country’s glittering past but also matches up to the demands of the modern times. India is the world’s second largest exporter of textile and clothing and focuses on both quality and scale of production to become the global manufacturing hub and represents immense opportunity for global investors and buyers.”
The ‘Textile Week’ at India Pavilion will see many activities including roundtable discussions on India as a sourcing and investment destination for textiles along with the production linked incentive (PLI) scheme.
Interestingly, India is recognized as one of the best sourcing destinations for garments, textiles & accessories. Textile share in India’s GDP is estimated at around 2.3% and is the largest employer, employing about 45 million workers. India’s FDI policy is recognized as the most liberal in emerging economies, which allows 100% investment under the automatic route in the entire textile value chain. Union Minister for Commerce and Industry, Textiles, Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal has urged the textile industry ‘to focus on speed, skill and scale and get into innovative partnerships.’
The government has also recently approved a PLI scheme worth ₹10,683 for domestic technical textiles firms, and manufacturers of fabrics and apparel in the man-made fibre segment.
A high-level delegation led by Shri Vijoy Kumar Singh, Additional Secretary, Ministry of Textiles will be meeting global business federations along with various industry chambers during the ‘Textile Week’ to explore potential business tie-ups through investor connect programmes.
These meetings will also see participation from Shri Jay Karan Singh, Trade Advisor, Ministry of Textiles, Dr. A Sakthivel, Chairman, Apparel Export Promotion Council, Shri Chandrasekaran Thuvarapalayam Visvanathan, Chairman, Handloom Export Promotion Council, Shri Dhiraj Rai Chand Shah, Chairman, Synthetic & Rayon Textiles Export Promotion Council, Shri M.A Ramasamy, Chairman, Powerloom Development & Export Promotion Council, Shri Umar Hameed, Chairman, Carpet Export Promotion Council, Shri Sanjeev Dhir, Chairman, Wool & Woollens Export Promotion Council, Shri Naresh Kumar Sadh, Chairman, Indian Silk Export Promotion Council, Shri Prem Malik, Past Chairman, Cotton Textiles Export Promotion Council & CITI and Vice Chairman, NSL Textiles Ltd., Mr T. Raj Kumar, Chairman, CITI, Shri Siddharth Lohariwal, Vice-Chairman, Jute Products Development & Export Promotion Council & Shri Rakesh Kumar Verma, Executive Director, Export Promotion Council for Handicrafts and other industry stalwarts.
To know more about India Pavilion at Expo 2020 Dubai, please visit:
PSK Collective, a collaboration between Founder and World Rugby Hall of Fame Member Phaidra Knight and The Powell Companies Real (TCPR), today announced their new capsule collection available exclusively on jcp.com. The new women’s activewear line was designed for young women who are using technology platforms to bring social activism to the forefront and are championing brands that share their beliefs and core values. The PSK Collective line features many new styles including tees and Rugby shirts that advocate for equal pay and inspire with messages about breaking boundaries and not placing limits on achievement. Approximately half of the assortment is exclusive to JCPenney, featuring t-shirts, mesh tops, jackets, bike shorts, leggings, track pants, dresses, and more for the active woman. All styles feature anti-chafing, perspiration-resistant, and anti-odor materials to ensure comfort while working out or lounging. The assortment is fully size inclusive, spanning from XS to 3XL, and with retail price points from $29 to $69.
PSK Collective is endorsed by an impressive roster of strong, professional female athlete Brand Ambassadors including Naya Tapper, World Champion Rugby Player; Hanna Roberts, Bike Motocross (BMX) Champion; Sophina DeJesus, Former UCLA Standout Gymnast; Jessica Mendoza, Softball World Champion; Kaleigh Gilchrist, Water Polo Champion and Professional Surfer; Alaina Nichols, World Champion in Wheelchair Basketball and Alpine Skiing; and Akira Armstrong, Plus-Size Dancer and Athletic Artist.
“Developing a clothing line for female athletes is a dream come true,” said Knight. “As an athlete, it was difficult to find activewear that would fit my strong and athletic build comfortably. Through PSK Collective, we solve that problem with an extensive line of affordable, functional, and best of all, fashionable clothing. Making sure the brand stands for women’s empowerment makes it even more meaningful.”
“We are very excited to welcome PSK Collective to JCPenney and introduce this empowering brand to our customer,” said Lauren Tessaro, SVP, General Merchandise Manager, Women’s Specialty, Adult Active, Team Sports, JCPenney. “PSK Collective’s dedication to creating more equitable opportunities for women perfectly aligns with our Company values. Partnerships like this help JCPenney deliver on style and value with purpose that will inspire our customer.”
The “Americana” Capsule Collection The styles were developed in collaboration with Phaidra and PSK Collective’s female athlete Brand Ambassadors taking inspiration from their uniforms, sports, and international competitions.
The collection includes an exclusive “Americana” seasonal production inspired by PSK Ambassadors who have represented the United States in international competitions. All apparel in the assortment were produced in the United States.
Other items of note include:
Equal Pay Jersey Equality and equity are the core values of PSK Collective. Our Equal Pay for Equal Work authentic Rugby Jerseys represent PSK Collective’s mission through details such as patchwork and graphic designs. The back of the rugby jersey features large equality print design. One sleeve features an equality fist patch and the front features the PSK Collective X Women’s Sports Foundation (WSF) partnership patch. Fifteen percent of PSK Collective net profits benefit the Women’s Sports Foundation (WSF).
PSK Oversized Hoodie The PSK Oversized Hoodie is made with super soft French terry fabric is ultra-comfortable, comfortable and unrestricting for activities or lounge. This hoodie features a kangaroo pouch in the front, a large PSK Collective logo in the center of the chest and a drawstring hoodie. Available in two colors. Made with moisture-wicking fabric, the hoodie can be used as activewear or athleisure wear and pairs perfectly with the PSK Biker Shorts, Sports Bras, and Joggers.
Terry Cropped Hoodie This PSK Collective French Terry Cropped Hoodie with long sleeves is everything you need to have an effortless and stylish look. Made with moisture-wicking technology, the cropped hoodie can be used as activewear or athleisure wear. It features drawstring closure for comfortable and relaxed fit, a small PSK Collective logo for design, and is soft to the touch. This pull over hoodie is available in many colors to get you through every season, and it can be mixed and matched with many PSK Collective apparel.
Compression Bike Shorts PSK Collective Bike Shorts were designed with stretch technology and compression fabric to fit every body size for everyday comfort and any activity. These classic bike shorts feature moisture-wicking technology, an elastic waistband, and two side pockets.
X Back Bra Top The PSK Collective X-Back Sports Bra provides medium impact coverage and high neckline stylish design and support. Made with compression and moisture-wicking material plus crisscross back straps, makes this bra ideal for activewear or athleisure wear. It can be mixed and matched with the PSK Bike Short, Leggings, the options are endless.
Terry Shorts PSK Collective signature Terry Shorts are made with super-soft French terry fabric for extra comfort. These shorts feature a small Americana flag inspired by PSK female Olympian Ambassadors. Designed with an elastic waistband with drawstring, PSK Collective’s French terry shorts offer a secure and comfortable fit for all body shapes and sizes. Made with moisture-wicking technology, the shorts can be used for activewear or athleisure wear.
About The PSK Collective Brand PSK Collective is a sustainably sourced women’s and unisex activewear line founded and inspired by legendary World Rugby Hall of Famer Phaidra Knight. PSK Collective is designed for the active Gen Z female – of all shapes, sizes, ages, and backgrounds. Diversity, inclusivity, and equality are driving forces behind the PSK brand and business. The brand’s power is in amplifying the voices of the young Millennial and Gen Z consumers who tend to shop brands that share their core values. Fifteen percent of profit benefits the Women’s Sports Foundation, a 501(c)(3) nonprofit organization dedicated to enabling all girls and women to reach their potential in sports and life.
For more information on PSK Collective, please visit www.pskcollective.com About JCPenney JCPenney proudly serves customers at more than 650 stores across the United States and Puerto Rico, and at the Company’s flagship store, jcp.com. JCPenney is one of the nation’s largest retailers of apparel, home, jewelry, and beauty merchandise with a growing portfolio of private and national brands. Guided by the Golden Rule, JCPenney employs more than 50,000 associates worldwide and has served customers for over 119 years, playing a vital role in the communities it serves. For additional information, please visit jcp.com and follow JCPenney on Facebook, Instagram and Twitter.
GSAPR Barbara Johansen 914-468-1441 pskcollective.com
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