Month: May 2022

Bedford, Mass., May 31, 2022 (GLOBE NEWSWIRE) — Massachusetts-based biotech Conagen announces the development of a new scalable natural compound, dihydro resveratrol, for use in industrial and human health applications. Conagen’s dihydro resveratrol is made by bioconversion from p-coumaric acid (pCA), a natural preservative Conagen produced by precision fermentation.

The same proprietary bioconversion technology used to make dihydro resveratrol can be used to make resveratrol and other polyphenol class molecules. Both compounds are natural metabolites of plants, such as berries and grapes, and are commonly found in red wine.

Because resveratrol and dihydro resveratrol exist in only very small quantities in plants, cultivation, extraction, and purification are very inefficient, using more land, water, and energy. Instead, Conagen starts with pCA made using fermentation of microorganisms. Bioconversion of pCA allows Conagen to use a much smaller footprint to make dihydro resveratrol and related compounds.

“The development of dihydro resveratrol demonstrates Conagen’s strong capability to manufacture and deliver innovative and versatile compounds for multiple large-scale applications,” said Casey Lippmeier, vice president of innovation. “Our proprietary bioconversion and precision fermentation capabilities enable the production of sustainable high-quality polyphenols for use in novel products which drive the growth of new markets.”

Resveratrol molecules in the category of polyphenols possess rich antioxidant properties. Its anti-inflammatory and antioxidant activity are linked to protective effects against heart disease, diabetes, cancer, and cognitive decline. Conagen has announced several polyphenol products over the past few years, such as Taxifolin BC-DHQ® (dihydroquercetin), kaempferol, Rosaval^™  rosmarinic acid, and hydroxytyrosol, establishing a strong leadership in the development of polyphenol compounds.

In addition to their importance in human health applications for improving the quality of life, dihydro resveratrol and resveratrol are also important industrial intermediates. They offer valuable use in many industrial applications, such as plastic additives, paints, resins, polymers, and high-temperature-resistant biomaterials.

Conagen is working with multiple industrial partners to develop novel applications of dihydro resveratrol, resveratrol, and related compounds.

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale manufacturing service capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, pharmaceutical, and renewable materials industries. www.conagen.com

Attachment

• Conagen develops new compound dihydro resveratrol

Ana Arakelian, Head of Public Relations and Communications
Conagen
+1.781.271.1588
ana.arakelian@conagen.com

Karachi, J. D. W. Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

The Sugar Division comprises of three sugar mills Units in the districts of Rahim Yar Khan, Punjab and Ghotki, Sindh. With its combined crushing capacity of 44,500 TCD, it is one of the largest group in the sugar sector and contributes approximately 15-17% of country’s sugar production.

The Company has been successful in completing and commissioning its two high-pressure Co-Generation plants at Unit-II (Sadiqabad) and Unit-III (Ghoki). The first 26.6 MW plant at Unit-II achieved commercial operations on 12 June 2014 after clearing all testing, certification and trial run requirements. The second 26.8 MW project at Unit-III achieved commercial operations on 03 October 2014 after similarly completing all pre-commissioning formalities.

JDW is also managing Sugarcane Corporate Farms over the area of 24,000 Acres in the Provinces of Punjab & Sindh. By using knowledge, experience together with modern tools and machinery and distinctive agronomic strategies, JDW has been able to build highly efficient and eco-friendly farms with higher yields. Company’s unique farming techniques have also led to the capacity building of existing farmers thereby resulting in improved and reliable cane supply to JDW.

The symbol “JDWS” is being used by the stock exchange for the shares of J. D. W. Sugar Mills Limited.

Karachi, Haseeb Waqas Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

The Haseeb Waqas Group of Companies was established in late 1992. The group has industrial presence in the country and in the development of the sugar industry. It is also associated with the production of heavy engineering, distilleries, chemical manufacturing, commodity trading, and farming. The principal activity of the Company is manufacture and sale of refined sugar and its by-products.

The Total numbers of shares are 32,400,000. The Earnings per share is (11.18) in 2020 which was (10.40) in 2019. The Company had a loss of Rs. 362,123,000 in 2020 which was 336,997,000 in 2019.

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Karachi, Faran Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Faran Sugar Mills Limited was incorporated in Pakistan on November 03, 1981 as a public limited company. The principal business of the Company is the production and sale of white sugar. The total number of shares of the Company are 25,007,151. The Earnings per share is (6.85) in 2020 which was 15.21 in 2019. The Profit after Taxation of the Company is Rs. (171,317,000) in 2020 which was 380,445,000 in 2019.

Karachi, Noon Sugar Mills Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Noon Sugar Mills Limited was incorporated in the Year 1964 as a Public Company. It is principally engaged in production and sale of white sugar and spirit. The plant for manufacture of white sugar is in the province of Punjab. The plant went into production in 1966 with a daily crushing capacity of 1,500 MT of sugar cane, which has since been raised to 4,000 MT per day in 2002. Further extension to 9,000 TCD has become operative in 2006-2007 crushing season.

An Alcohol Distillery Division of French origin was added during 1986 with a production capacity of 50,000 litres/day in 2002. Another facility with an option to provide either 30,000 LPD Industrial of fuel Grade Ethanol technology has been added in 2005.

The total number of shares are 16,517,456. The Earnings per shares is 15.50 in 2020 which was 13.64 in 2019. The Profit after Taxation is 256,060,000 in 2020 which was 225,317,000 in 2019.

Karachi, United Distributors Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 34.30 per share were bought from the market on May 30, 2022 through CDC.

United Distributors Pakistan Limited was incorporated in Pakistan as a Public Company limited by shares. Its principal business activities are manufacturing, trading and distribution of pesticides, fertilizers and other allied products.

The companies include; Dow Agro Sciences (USA), FMC Corporation (USA), Pioneer Seeds (USA), Nichimen (Japan) and currently DuPont (USA). The businesses of FMC United as well as Pioneer Seeds were developed almost exclusively by UDL and currently have Joint Ventures with both of them.

The total number of shares of the Company is 35,271,134. The Earning per share is (6.32) in 2020 which was 1.64 in 2019. The Profit After Taxation in 2020 is (223,039,000) which was 50,371,000 in 2019.