Evogene Subsidiary Casterra Ag Expands Into Africa With $440K Castor Seed Order
Evogene Subsidiary Casterra Ag Expands Into Africa With $440K Castor Seed Order
Casterra Ag Ltd., a subsidiary of Evogene Ltd. (NASDAQ:EVGN) (TASE: EVGN), is a provider of an integrated solution for industrial-scale cultivation of castor plants based on its elite castor seed varieties, developed for bio-based industries including, biofuels & biopolymers. Casterra is pleased to announce the receipt of an additional purchase order valued at ~$440K from an existing customer. This order expands Casterra's operations into a new African country and solidifies Casterra's unique offering in the bio-fuel market.
Casterra Ag有限公司是Evogene Ltd.（NASDAQ：EVGN）（TASE：EVGN）的子公司，提供基於其精英蓖麻籽品種的工業級蓖麻植物綜合種植解決方案，專門爲包括生物燃料和生物聚合物在內的生物基工業領域。 Casterra很高興宣佈，從一位現有客戶那裏獲得了價值約440K美元的額外採購訂單。此訂單擴展了Casterra的業務至一個新的非洲國家，並鞏固了Casterra在生物燃料市場的獨特優勢。
Mr. Yoash Zohar, CEO of Casterra states: "This additional order reflects the confidence in Casterra's capabilities and in our castor seed varieties, developed utilizing Evogene's GeneRator AI tech-engine and Casterra's advanced breeding methods, and marks a significant step in our expansion into Africa. We expect that our previously announced seed production, now totaling 900 tons, will more than support this order, which is expected to be completed by Q4 2024, as well as earlier purchase orders received last year. Casterra remains committed to being a world leader in castor seed development and production and promoting sustainable biofuel production globally."
Casterra的首席執行官Mr. Yoash Zohar表示：“這份額外的訂單反映了客戶對Casterra技術能力、精英蓖麻品種以及Casterra的先進育種方法的信心, 並標誌着我們進軍非洲的重要一步。我們預計，我們之前宣佈的種子生產量，目前總計達到900噸，將大大支持這份訂單。該訂單預計將在2024年第四季度完成，同時也包括了去年收到的早期訂單。Casterra致力於成爲全球蓖麻種子開發與生產的領軍企業，並推廣全球可持續生物燃料生產。Casterra的首席執行官Mr. Yoash Zohar表示：“這份額外的訂單反映了客戶對Casterra技術能力、精英蓖麻品種以及Casterra的先進育種方法的信心, 並標誌着我們進軍非洲的重要一步。我們預計，我們之前宣佈的種子生產量，目前總計達到900噸，將大大支持這份訂單。該訂單預計將在2024年第四季度完成，同時也包括了去年收到的早期訂單。Casterra致力於成爲全球蓖麻種子開發與生產的領軍企業，並推廣全球可持續生物燃料生產。這份額外的訂單反映了客戶對Casterra技術能力、精英蓖麻品種以及Casterra的先進育種方法的信心，並標誌着我們進軍非洲的重要一步。我們預計，我們之前宣佈的種子生產量，目前總計達到900噸，將大大支持這份訂單。該訂單預計將在2024年第四季度完成，同時也包括了去年收到的早期訂單。Casterra致力於成爲全球蓖麻種子開發與生產的領軍企業，並推廣全球可持續生物燃料生產。
Casterra anticipates that the remaining revenue from castor seed orders received during 2023 and in 2024, which were not supplied to date (including the order described in today's PR), will be approximately ~$8.4 million, reflecting a price adjustment due to late delivery of the order from 2023. Based on the planned production this year, Casterra expects to recognize revenues in this amount in the second half of 2024.
Casterra預計，2023年至2024年間收到，但尚未交付的蓖麻種子訂單（包括今天公佈的訂單）預計剩餘收入約840萬美元，反映了由於2023年訂單延遲交付而進行的價格調整。根據今年的計劃產量，Casterra預計將在2024年下半年中實現這一收入。
The global biodiesel market size was estimated at $36.48 billion in 2022 and it is expected to hit around $79.12 billion by 2032, expanding at a notable CAGR of 8.1% from 2023 to 2032[1]. Biofuels offer significant advantages over conventional petrochemical fuels, presenting a renewable and biodegradable alternative with substantially lower negative environmental impact. Castor oil emerges as a standout non-fossil oil candidate due to its carbon-neutral and other properties making it compliant with tightening European regulatory standards.
全球生物柴油市場規模估計爲364.8億美元，預計到2032年將達到約791.2億美元，從2023年到2032年將以顯着的年複合增長率（CAGR）8.1%增長。生物燃料相對於傳統石化燃料具有顯著的優勢，是一種可再生和可生物降解的替代品，具有大大降低環境負面影響的優勢。蓖麻油由於其碳中和和其他屬性，在歐洲監管標準越來越嚴格的情況下成爲非化石燃料的傑出候選者。
Casterra's high oil-yielding varieties have been developed with traits which make the castor plants grown suitable for large scale farming on marginal soils in semi-arid conditions. Castor plants and the castor oil produced have the potential of becoming a major sustainable feedstock for the global bio-fuel industry – without competing with food crops over prime land.
Casterra的高含油品種具有使種植蓖麻植株適合半乾旱土壤上大規模種植的特徵。蓖麻植株和生產的蓖麻油具有成爲全球生物燃料工業重要可持續原料的潛力，而不會與土地上的糧食作物競爭。
譯文內容由第三人軟體翻譯。