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21st Austria weekly - Lenzing, Mayr-Melnhof, Strabag (22/06/2021)

27.06.2021
Mayr-Melnhof: The Mayr-Melnhof Group ( MM ) and Oaktree Capital Management have reached a firm intention on the sale of MM s virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree for an equity value of Euro 104.6 mn and net debt subject to final closing accounts. Eerbeek and Baiersbronn together have an annual capacity of about 245kt of virgin fiber cartonboard (FBB) produced on two board machines and employ approximately 400 people. Sales reached Euro 195 mn in 2020. The divestment is in line with and forms part of MM s strategy to focus on new acquisitions and growth capex.
Mayr-Melnhof: weekly performance: ....

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Banana farming practices: Restoring soil potassium

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Potassium is a major plant nutrient, and recycling it between plants and soil serves the best interest of both. Banana plant absorbs huge amount of potassium from soil and distributes between the trunk (pseudo-stem) and the fruits. Banana plants give fruits only once, and volume of pseudo-stem generated is five to ten times of fruits. Naturally, banana farming generates a huge quantity of biomasses and leads to severe depletion of soil potassium. This book reports how part of the depleted potassium can be restored to soil.
Banana is a major crop in at least 135 countries world over, and more than 150 million MT banana fruits are produced every year. This much of banana production is associated with 750 to 1500 million MT of bio-waste, and this much bio-waste is equivalent to 2.2213 to 4.4427 billion MT of muriate of potash (MOP). We are reporting to show how to use banana plant pseudo-stem in lieu of MOP to grow five different crops on experimental basis. Undoubte ....

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