Tag Archives: global
Global house prices rise by 4% but vary from 14% growth to fall of 9.4%
House prices around the world have increased by 4% in the year to June 2016, led by Turkey whiles prices in parts of Asia have cooled considerably, the latest index shows. Turkey leads the rankings in the Knight Frank global house index but its annual rate of growth has slipped from 19% to 14% while […] The post Global house prices rise by 4% but vary from 14% growth to fall of 9.4% appeared first on PropertyWire . Continue reading
US Leads Global Advanced Biofuels Market
The US is the dominant force in the advanced biofuels market, with 67 percent of current global projects based in America, according to a study by Navigant Research. The US’ Renewable Fuel Standard, which calls for 21 billion gallons of advanced biofuel production by 2022, will help keep the US at the epicenter of the market in the coming years, according to Advanced Biofuels Country Rankings. However, emerging opportunities for advanced biofuels growth, across a diverse range of non-food feedstocks and conversion platforms, are beginning to coalesce in a number of countries outside the US, the report says. Growth in advanced biorefinery infrastructure will be moderate through 2015, according to the report, as new commercial facilities seek to demonstrate viability at scale and government support retreats from post-stimulus highs across the US, Europe and China. Over the medium term (2015-2018), however, a wave of retrofits and capital light deployments co-located alongside conventional biorefinery infrastructure is expected to usher in an expansion of advanced biorefinery capacity, followed by an increase in greenfield projects, the report says. In other biofuels news, Chempolis, a Finland-based biorefining technology corporation, has signed a memorandum of understanding with Indian oil and exploration company ONGC that investigates building India’s first biorefinery project. Further to the first biorefinery, Chempolis and ONGC are targeting at larger production of sustainable biofuels in India. California-based biofuels company Biosynthetic Technologies has announced that operations of its demonstration production plant within chemical company Albemarle’s existing Baton Rouge facility have commenced. Biosynthetic Technologies is now moving forward with development of a full-scale commercial production plant. Additionally, Iowa Gov. Terry E. Branstad has launched a public-private partnership that aims to expand the market for mid-level biofuels blends. Through the use of current funding, “Fueling Our Future” aims to establish more blender pumps containing petroleum with a high ethanol content and biodiesel at gas retailers around the state. According to research released this week by the National Renewable Energy Laboratory there is no evidence that petroleum blends containing higher amounts of ethanol cause damage to engines, contradicting an earlier study. The NREL study found that the available literature did not show any “meaningful differences” between a 15 percent ethanol blend, or “E15,” and a 10 percent blend, or “E10,” in “any performance category,” directly conflicting a controversial study released by Coordinating Research Council earlier this year. Continue reading
The Treedom Group Showcases Latest Line Of ‘Dar al Oud’ Products At Dubai’s Global Village
Dr. Andrew Steel, Treedom Group’s Chief Executive Officer (CEO). Company’s participation at ME region’s largest seasonal theme park complements industry forecasts that UAE’s fragrance market to grow by AED1.13 billion in 2017 October 08, 2013: The Treedom Group a leading luxury aromatic oud oil manufacturer and supplier to the global fragrance and perfume market that produces high-grade oud oil focusing on having the competitive advantage of controlling a value chain from seedling to end products, is set to showcase its latest line of ‘Dar al Oud’ fragrances, the company’s prestigious premium brand of products that have been made from 100 per cent oud oil, at this year’s run of Dubai’s Global Village, the largest seasonal cultural shopping and entertainment theme park in the Middle East region. Participating for the first time, the company will also be throwing the spotlight on its unique range of Oud Oils, Oud Perfume, Oud Mist Body Spray, Oud Perfume Balm and Oud Soap Bar, at its stall, booth No. 122, which will be located at the Thailand Pavilion. Treedom’s participation complements recent industry forecasts showing that the UAE’s fragrance market is expected to reach AED 1.13 billion over the next five years. According to a recent report from Euromonitor International, a leading business research and intelligence firm, the country has demonstrated a continuing increase in consumption of fragrances. In fact, the report further predicts an increased per capita spending on fragrances–reaching AED 128 per capita spend in 2017, which is 90 per cent more of the expected per capita spend in the US over the same period. In line with the forecast, Chief Executive Officer of the Treedom Group is confident that the Middle East region in general and the UAE in particular, will offer the company strategic opportunities. Maintaining a key presence at a regional consumer fair like Global Village will allow the company to utilise Dubai as a gateway and merchandising hub to access various kinds of customers and distributers from all over the region. The company has also revealed plans to set up a regional office in Dubai in order to be able to keep up with the demands of the local market. “We are excited to be participating at this year’s edition of Dubai’s Global Village. Our presence will give us the strategic opportunity to leverage our latest ‘Dar al Oud’ products while at the same time meet new customers and discover what kind of scents they prefer,” Dr. Andrew Steel, CEO, the Treedom Group. “The UAE’s fragrance market is booming and vibrant, with analysts saying growth will be continuous over the next five years. One niche market that we are confident to capture is the demand for oud products–from oils to its unique scent. Our products, particularly the ‘Dar al Oud’ line, have been produced utilising 100 per cent extracts from the valuable Agarwood trees, which come from our sustainably managed plantations in Thailand combined with the latest distillation technology according to our strict quality standards.” Dubai’s Global Village is open from October 5, 2013 and will run until March 1, 2014. Park organizers have already announced an amazing array of festivals, concerts, exhibitions and other fun filled activities for this year’s edition of Global Village. -Ends- About The Treedom Group The Treedom Group is composed of both commercial and charity entities guided with the chief objective of being the number one deliverer of socially responsible and sustainable forestry related projects and products in Asia. The group offers expertise in forestry consultancy, plantation management, forestry product sales, forestry asset management and environmental welfare through forest restoration projects. The group is recognised as one of Southeast Asia’s leading plantation management companies The plantations are solely populated by the Agarwood tree which is the source of the luxury aromatic oil – Oud. Distributed by PR Communigate On behalf of the Treedom Group For more information, please contact: Sarunya Hansarikit PR Executive Sarunya.h@treedom.com www.treedom.com , www.daraloud.com © Press Release 2013 Continue reading
