The Impact of Science to Create a Movement; the Case of Fooditive, Pioneer in Plant-Based Upcycled Ingredients

Fooditive Products

Fooditive Product Line

ROTTERDAM, June 02, 2021 (GLOBE NEWSWIRE) — The challenging year 2020 saw the blossoming of plant-based ingredient manufacturer Fooditive BV, a Dutch company set on revolutionising healthy eating. Through upcycling third – grade and side-streams of fruit and vegetables into 100% natural products, it has created one of the keys to a more sustainable future. It all started with a Jordanian man and his hate for waste and want for change.

Having experienced scarce availability of food during his childhood in Jordan, founder and food scientist Moayad Abushokhedim vowed to create healthy and affordable food for all.

Packed with a strong food science and business background, he developed his own unique process of creating affordable plant-based ingredients, simply using the science of fermentation.

In recognition of his drive for success in the food and beverage industry, Abushokhedim was named as one of the Food100 2020, an award that celebrates changemakers who are working towards transitioning to a sustainable food system.

“For a Jordanian guy like me, who cannot believe he is living his dream of changing the world, receiving this award made me realise that if you can dream it, you can achieve it. And it reminded me that I am not alone in this endeavour because there are so many others in the world who believe in making a difference,” said Moayad Abushokhedim.

Moayad Abushokhedim

Food Scientist and Founder of Fooditive Group

Fooditive’s first product, the game-changing zero-calorie sweetener made from apples and pears, was only just the beginning. Since launching the sweetener, the company has expanded its range of creative products, including a thickening agent made from banana skins, a carrot-based preservative, and an emulsifier made from potato extracts.

The innovation behind Fooditive’s products and its dedication to delivering what consumers deserve have led to the company being nominated for the Foodvalley Champions 2020 award in the category Food & Health. The new collaboration with Frutco AG in Switzerland, which will use Fooditive’s unique continuous fermentation process to produce a sweetener from banana side-streams, is the company’s latest step towards making the world greener and more sustainable.

As pioneers of healthy eating, Fooditive’s actions have also a-peel-ed to Gary Clarke, former general manager of Mars International Travel Retail. With more than 20 years of consumer packaged goods experience, Clarke felt that “as a next step, joining Fooditive as a partner seemed like such an obvious thing to do.”

“When I learned about Fooditive’s approach to developing a circular economy and producing foods that are better for you, I really thought they were leading the charge to evolve the food industry. I believe that Fooditive really can drive the industry to a new future for food. One that is not only good for people but also good for the planet, and should we be able to scale this idea then the difference can be enormous”, added Clarke.

Fooditive is currently funding up to €6.5M for the year of 2021 to revolutionize the plant-based food business and create healthy and affordable food for everyone.

Later this year, the company will share its exciting new products, a healthy fat replacer from avocado seeds and a vegan milk formation from peas, so be sure to keep an eye out for Fooditive.

Now that it is backed by even more committed partners and equipped with un-pear-alleled competitively priced ingredients, the Fooditive fever is catching on and inspiring others along the way to think more about what they eat.

About Fooditive BV

In 2018, the plant-based ingredient manufacturer Fooditive BV was established in Rotterdam, the Netherlands. The company is committed to making healthy food available for all with its 100% natural ingredients. Since its launch, Fooditive has received several awards for its innovative ideas, sustainable approaches, and contributions to a circular economy, including being nominated for the Index Award 2021.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/e2b3b996-6320-474d-a1e0-5ee9f1081913

https://www.globenewswire.com/NewsRoom/AttachmentNg/5a7837dc-22d9-48cb-a57b-4c6606055081

Contact:
Niki Karatza
niki@fooditive.nl
+31 10 3216167

Madison Realty Capital Provides $30 Million Inventory Loan for Two Luxury Condominiums at Metropica in Sunrise, Florida

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $30 million first mortgage loan to Metropica Development for a luxury condominium tower and a ten-acre development site, which includes plans to develop a second 250-unit multifamily tower. The portfolio is part of Metropica, a four million-square-foot master planned community comprised of luxury residences, modern office towers and high-end retail offerings located in Sunrise, Florida.

Metropica Development, led by Joseph Kavana, began construction of the first 263-unit luxury condominium tower in 2017 and has sold 174 units to date. Madison’s loan will be used to support 89 units, representing 101,989 square feet on the upper floors of the first condominium tower as well as the adjacent 250-unit second condominium tower. In addition to the first tower, the Metropica master planned development will include 500 multifamily units, 550,000 square feet of commercial space for luxury retail, dining and entertainment destinations as well as 246 hotel keys.

“We are pleased to deliver a customized and flexible financing solution for the remaining condo inventory in the Metropica Development,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital. “Madison’s ability to finance residential projects through every stage of development was highly attractive to Metropica, an experienced local development firm, and we look forward to working with Joseph and his team to support this unique and ambitious project.”

Located at 2000 Metropica Way, adjacent to the Sawgrass Mills shopping mall and BB&T Center, the 28-story Metropica Tower offers luxury residences with an average of 1,034 square feet, top-of-the-line finishes and high-concept designs from Oppenheim Architecture and YOO Studio. The tower’s resort-style amenities consist of a saltwater swimming pool, lounges, movie theater, fitness center, massage and yoga centers, and a children’s playroom.

Melissa Rose of JLL Capital Markets arranged the financing from Madison Realty Capital.

 

About Madison Realty Capital

Madison Realty Capital is a New York City based real estate private equity firm focused on debt and equity investment strategies with regional offices in key markets including Los Angeles and Dallas. Founded in 2004, MRC has closed on approximately $14 billion of transactions in the multifamily, retail, office, industrial and hotel sectors nationwide. The firm manages investments in the United States on behalf of a global investor base. MRC is a fully integrated firm with over 60 employees across all real estate investment, development, and property management disciplines. Among other industry recognitions, MRC has been named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as one of the industry’s top construction lenders. To learn more, follow us on LinkedIn and visit www.madisonrealtycapital.com.

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Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com

LEADING NETWORK MANAGEMENT SYSTEM SUPPLIER TO TOP MINING OEM’S COMPLETES RAJANT INTEGRATION

FTP Solutions Integrated Management System Choice for Top Autonomy OEMs

Malvern, Pennsylvania (USA), June 02, 2021 (GLOBE NEWSWIRE) — Rajant Corporation, the Kinetic Mesh® wireless network provider, has collaborated to complete the implementation of the Integrated Management System (IMS) by FTP Solutions, the leading network management system (NMS) supplier to top mining OEMs.

According to Scott Mills, FTP Technical Director and the person who built IMS, “FTP partnered with Rajant to incorporate its BreadCrumb radios into our IMS platform because Rajant technology is the most dependable and reliable network for mission-critical applications like autonomy, according to our customers. The mining operator benefits from a leading fit-for-purpose radio coupled with a single-pane-of-glass monitoring system.  The deep integration of the FTP IMS platform with Rajant Kinetic Mesh makes possible previously unattainable visibility into the high level of performance that a Rajant network enables at a mine.”

“Rajant’s leading industrial wireless M2M radios provide site-wide connectivity regardless of layout and terrain, giving mining operators peace of mind for mission-critical connectivity. FTP’s IMS visualization of data from multiple systems combined with Rajant networking provides a reliable holistic view of operational data,” adds FTP Co-founder and Managing Director Lachlan McMahon. “FTP has unlocked the ability to view an entire operation through a single-pane-of-glass, and all stakeholders across the mining organization can visualize the performance and are connected by a data assurance network that Rajant technology provides.”

“FTP is in the forefront of reporting network health for the entire OT mining network, and they do it in an agnostic way when it comes to radio technologies including Rajant, LTE, and Wi-Fi, “ says Rajant EVP of Global Sales and Marketing Geoff Smith. “FTP’s IMS platform reports on the health of the entire mine network to all relevant parties, which is critical when it comes to having a truly automated operation. Rajant technology can work with any backhaul, including LTE, to provide seamless connectivity through a mine site regardless of pre-existing infrastructure. Further, our industrial wireless networking is both forwards and backhaul compatible, maintaining a mine’s investment and with easing upgrades to the latest technology like our latest Peregrine and Hawk platforms.”

About FTP Solutions

FTP Solutions is an innovative company dedicated to designing, installing, and supporting critical operational wireless networks. Through our in-depth knowledge of wireless and fixed networks, FTP built the wireless network monitoring platform known as the Integrated Management System (IMS). This software has been designed from the ground up with the network maintainer in mind. For more information, visit www.ftpsolutions.com.au.

About Rajant Corporation

Rajant Corporation is the broadband communications technology company that invented Kinetic Mesh® networking, BreadCrumb® wireless nodes, and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that leverages the power of real-time data to deliver on-demand, mission-critical business intelligence. A low-latency, high-throughput, and secure solution for a variety of data, voice, video, and autonomous applications, Rajant’s Kinetic Mesh networks provide industrial customers with full mobility, allowing them to take their private network applications and data anywhere. With successful deployments in more than 60 countries for customers in military, mining, ports, rail, oil & gas, petrochemical plants, municipalities, and agriculture. Rajant is headquartered in Malvern, Pennsylvania with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

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Alice DiSanto
Rajant Corporation
914-582-8464
adisanto@rajant.com

Mindray Launches Resona I9 Ultrasound System, Revolutionizing General Imaging

SHENZHEN, China, June 2, 2021 /PRNewswire/ — Mindray (SZSE: 300760), a global leading developer and provider of medical devices and solutions, has announced the release of its latest general imaging diagnostic ultrasound system, Resona I9, to its suite of general imaging solutions. With innovations both inside and out, Resona I9 provides accurate and timely answers for clinicians, while delivering outstanding efficiency and a remarkable user experience.

Mindray Launches Resona I9 Ultrasound System, Revolutionizing General Imaging

Resona I9 was developed based on Mindray’s in-depth insights into complex clinical scenarios and is a state-of-the-art ultrasound system equipped with all the latest technologies. Delivering innovation in every facet, Resona I9 features a customizable control panel, foldable structure to a height of one-meter, extended battery life and super silent design — all of which help reduce fatigue to a minimum during scans. Mindray’s revolutionary ZST+ platform powers the system and elevates it to an unparalleled level in its class by delivering exceptional image quality for infinite imaging solutions.

“At Mindray, we are constantly striving to provide better healthcare solutions for clinicians. To do this, we need to deeply understand our customers, be inspired by their daily work, and harness these insights to deliver innovations that make a difference to their workflow. Resona I9 has evolved with the changing demands of diagnostic imaging and includes a suite of innovative features, all powered by our advanced ZST+ platform,” said He Xujin, General Manager of Mindray Imaging System Division.

Resona I9’s iConsole control panel features a breakthrough design and adaptive layout for different clinical scenarios. Its E-ink keys are customizable for functions that are most frequently used during scans, while the full-space floating control panel can be adjusted for better space utilization allowing Resona I9 to easily meet various scanning needs for patients. These revolutionary design elements enable new possibilities for ultrasound exams and improve workflow efficiency from the beginning.

The solution’s high frame-rate (HiFR) STE delivers consistent shear waves and precise tissue stiffness access to bring more sensitive motion detection for greater stability and accuracy during scans. Resona I9 is also equipped with Smart Breast and Smart Thyroid automatic standard lesion analysis, which shortens examination times for more effective scanning.

With its innovative features and unlimited scanning flexibility, Mindray’s Resona I9 provides clinicians with the comprehensive tools required for more precise diagnostic treatment – enabling enhanced diagnostic confidence for better patient care.

Photo – https://mma.prnewswire.com/media/1523864/image_1.jpg

CONTACT: Lorance Wang, +86-755-8188-7839, lorance.qwang@mindray.com

Pre-feasibility Study Looking to Progress CO2 Capture

REGINA, Saskatchewan, June 01, 2021 (GLOBE NEWSWIRE) — Amplifying the impact of emission reductions through carbon capture and storage (CCS) is the focus of a new pre-feasibility study exploring the potential application of carbon dioxide (CO2) capture on 750-megawatt coal-fired power plants. This project is part of a broad study examining the viability of a regional commercial-scale geologic CO2 storage hub in the Southeastern U.S. The International CCS Knowledge Centre (Knowledge Centre), based in Regina, SK Canada, is collaborating with an international team on the U.S. Department of Energy (DOE)-funded project to develop the conceptual designs and capital cost estimates evaluating the installation of post combustion carbon dioxide (CO2) capture on a Southern Company electrical generating station.

The project would represent a significant scale-up and is a natural progression in the maturation of carbon capture technology. By bringing leadership, vision and experience based on its substantive learnings from both the fully integrated Boundary Dam 3 CCS Facility and its comprehensive second-generation CCS study (Shand CCS Feasibility Study), the Knowledge Centre is performing the carbon capture pre-feasibility study of the scenario. This study is being conducted through a cooperative agreement with the project manager, Southern States Energy Board, and a team that includes Southern Company, Mitsubishi Heavy Industries (MHI) Group, and Stantec Consulting Ltd.

This study is part of the project, Establishing An Early Carbon Dioxide Storage: Project ECO2S, under a broad DOE National Energy Technology Laboratory initiative, Carbon Storage Assurance Facility Enterprise (CarbonSAFE). CarbonSAFE addresses key gaps on the critical path toward CCUS deployment by reducing technical risk, uncertainty, and cost of a geologic storage complex for more than 50 million metric tons of CO2 over a 30-year time frame from industrial sources.

The pre-feasibility study will look at carbon capture design and cost. It will include details such as an analysis on steam integration options between the generating unit and the capture plant, as well as the identification of potential impacts of the new processes on existing plant environmental permitting. The theoretical installation of carbon capture systems at power plants would not only ensure reliable baseload electricity, it would preserve the value of the existing facility, while also actively making significant strides in reducing anthropogenic greenhouse gas emissions.

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“With the megatonne potential in CO2 reduction, we are excited to work with a great team on this important and next step project for large-scale carbon capture and storage. We applaud both the US Department of Energy and the Southern States Energy Board for their commitment to taking significant strides toward climate action.”

– Conway Nelson, VP, Project Development & Advisory Services, International CCS Knowledge Centre

“Stantec is proud to play a role in the first-of-its kind carbon capture and storage work in Saskatchewan as the Engineer of Record on this project. Stantec’s team of experts will provide engineering expertise alongside our partners to execute the pre-feasibility study stage of this project.”

– Mark Griffiths, Senior Principal, Energy & Resources, Stantec, Saskatchewan

ADDITIONAL INFORMATION

Climate Change Links

  • CCS is considered essential in three of the four pathways to keep global warming within 1.5°C – Intergovernmental Panel on Climate Change: Global Warming of 1.5 Degrees Celsius
  • Most of the world cannot meet emissions targets without CCS – and for those that can, the median increase in mitigation cost is 138% – Intergovernmental Panel on Climate Change: IPCC AR5 2014

About CarbonSAFE & Project ECO2S

  • CarbonSAFE Carbon Storage Assurance Facility Enterprise Initiative – is a DOE-led program designed to accelerate commercial-scale use of CCS technology to reduce greenhouse gas emissions to the atmosphere from industrial and power generation sources by focusing on the development of permanent and safe geologic CO2 storage sites capable of several decades of usage.
  • Project ECO2SEstablishing an Early CO2 Storage Complex – is one of five selected projects for Phase 3 of CarbonSAFE.
    • Project ECO2lead by Southern States Energy Board is working with collaborators to explore establishing a commercial-scale, regional, secure geologic area capable of securely storing over 900 million metric tons of CO2.
    • The current pre-feasibility study to install post combustion CO2 capture on a Southern Company generating unit is part of the assessment required to confirm one of several point source emitters of CO2 for the storage site.

MEDIA CONTACTS

International CCS Knowledge Centre
Jodi Woollam
Head of Communications & Media Relations
jwoollam@ccsknowledge.com
T: +1-306-565-5956 / M: +1-306-520-3710
ccsknowledge.com
@CCSKnowledge

About the International CCS Knowledge Centre (Knowledge Centre): with a mandate to advance the global understanding and deployment of large-scale CCS to reduce global GHG emissions, the Knowledge Centre provides the know-how to implement large-scale CCS projects as well as CCS optimization through the base learnings from both the fully-integrated Boundary Dam 3 CCS Facility and the comprehensive second-generation CCS study, known as the Shand CCS Feasibility Study. Operating since 2016 under the direction of an independent board, the Knowledge Centre was established by BHP and SaskPower. For more info: https://ccsknowledge.com/