Hemp fibers can be used in various industries such as construction, cellulose, chemicals, energy, automotive and textile, and replace non-renewable materials of fossil origin, they recalled from the company in a statement.
For the selection of the most appropriate varieties for the Argentine territory, in September 2022 IHS entered into an agreement with the Faculty of Agronomy of the University of Buenos Aires (Fauba).
Among the genetics to be validated on national soil, those of the polish hemp programunder the Ministry of Agriculture of Poland, which have more than 90 years doing plant breeding work maximizing the yields of their varieties.
Hemp is an annual crop that can fix high values of carbon dioxide (CO2), the main greenhouse gas responsible for climate change.
The entire hemp plant has applications including the food industry, textile uses, cosmetology or construction usesamong others.
The fibers can be used in various processes such as construction, pulp, chemicals, energy and automotive, among others, and its use can replace non-renewable materials of fossil origin, reducing their negative impact on the value chain.
According to a UN report, the global hemp market could quadruple its estimated value in 2020, reaching US$18.6 billion by 2027.
The grains that come from the cultivation of hemp are considered a superfoodTherefore, there is a growing demand for its oils, meals and proteins in developed countries.
At present, there are already 200,000 hectares of hemp cultivated worldwide, including markets such as Europe, China, Canada, the United States and Paraguay, among others.