FLAX LOOKS TO BE A PROFITABLE OPTION FOR 2019
Flax looks like a good option for growers in 2019. Recent crop budgets from North Dakota State University show flax profits in many parts of the state. Flax showed positive returns of $4 and $18 per acre in the northwestern and southwestern regions. Many growers have consistently had flax yields over 30 bushels per acre, therefore based on this yield, net returns are projected at $79 per acre. These expected returns are very similar to predictions made by both Saskatchewan and Manitoba agencies. (more…)
Construction and demolition waste production in the EU
In 2012, total amount of the EU construction waste in EU reached 821 160 000 tones and, as a result, construction and demolition sector in EU produced 32% of EU waste. It should be also noted that the number of C&D wastes increases in the EU member states and it is expected that in 2020 the amount of waste generated by the construction sector will reach more than 500 million tonnes1 . Therefore, the market related to the construction and demolition waste is seen as the most attractive in comparison with markets aimed at collection or recovery of other types of waste2 .
The majority of C&D waste is produced in France, Germany, Netherland and United Kingdom however the group of important producers represent also Italy, Spain and Belgium. In 2011, revenues of recycling of construction and demolition waste in Europe reached $61 billion3. (more…)
Ukraine – Oil and Gas
The Government of Ukraine (GOU) considers the oil and gas industry as a strategic sector to achieve independence from foreign oil and gas imports. Since the Revolution of Dignity in 2014, Ukraine has taken necessary steps to diversify fuel supplies, improve the output and production of electricity, oil, and natural gas, all efforts aimed at increased energy independence. Ukraine continues to follow its path to energy security and independence though legislative reforms. In 2017, the GOU finally reduced the royalty rates for gas exploration to 12 % (from 28%) for wells up to 5,000 meters and to 6% (from 14%) for deeper wells. This makes Ukraine’s royalty tax one of the lowest in the EU.