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Related Fertilizers Industry News

• October 2022: Koppert intends to invest in three new production units in Brazil, ensuring its leadership in the Brazilian and global markets for biological agricultural inputs. The new formulation unit will be located on more than 8,000 m2. It will produce the entire microbiological line, including products based on viruses, fungi, and bacteria in liquid or solid formulations.
• September 2022: Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.
• March 2021: Symborg opened a new hydrolysis plant in Spain, with a total investment of USD 28.0 million. The plant is designed for the manufacturing of sustainable products for agriculture, such as biofertilizers, biostimulants, and biocontrol solutions that are imported to the United States.

• February 2022: Plant Response Inc. was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthened the company's global presence. Through the acquisition, the company develops new products and solutions for the customers in a sustainable way.
• September 2021: Tradecorp launched Biimore worldwide, a biostimulant obtained from a plant fermentation process. Biimore is made up of a unique combination of primary and secondary compounds, L-α amino acids, vitamins, sugars, and traces of other natural compounds.
• May 2021: Plant Response Inc. announced its acquisition of WISErg, which is a startup that upcycles nutrients from recovered food for use in fertilizer and nutrient-efficient products that enhance plant and soil health.

September 2022: Rizobacter Argentina SA merges Bioceres Crop Solutions with Marrone Bio Innovations for developing sustainable crop solutions worldwide.

May 2021: Rizobacter Argentina SA launched a new specialty fertilizer Microstar Bio, where biologicals are combined with the fertilizers. The product contains bacillus strains incorporated in the micro granules and helps in root growth and nutrient use efficiency.

January 2021: Lallemand Inc. acquired Biotec BetaGlucans AS (BBG), a wholly-owned subsidiary of the ArticZymes Technologies ASA (AZT) company specialized in the development, production, and sales of high purity beta-glucan products, from yeast cell walls.

In January 2022, SABIC Agri-Nutrients Company acquired the ETC Group (ETG), with a 49% stake in the ETG Inputs Holdco Limited, for a transaction value of USD 320 million. The agreement is part of SABIC Agri-Nutrients Company's strategy to integrate the value chain and distribution of agri-nutrients markets.

In October 2021, JAS Global Industries expanded its presence in Saudi Arabia by opening a new manufacturing facility in Riyadh. This strategic investment allows JAS to expand its presence and enhance its services in Saudi Arabia.

In 2020, In the United Arab Emirates, Fertil formed a joint venture with OCI's producers in Egypt and Algeria, making it the largest nitrogen-based fertilizer company in the Middle-East and North Africa.

In 2020, Oman India Fertilizer Company SAOC (OMIFCO) was established, an initiative by the Governments of Oman & India, in order to construct, own, and operate a modern world-scale, two-train ammonia-urea fertilizer manufacturing plant at the Sur Industrial Estate in the Sultanate of Oman.

In June 2021, Petrokimia Gresik signed an MoU for gas purchase with Kangean Energy Indonesia for an ammonia-urea plant.

In October 2020, PT. Pupuk Sriwidjaya Palembang carried out a soft launch of Cassava NPK Fertilizer in Sidokerto Village, Bumi Ratu Nuban District, Central Lampung Regency, to support cassava productivity and build an integrated industry in the region.

• July 2024: BASF introduced Tinuvin NOR 211 AR to assist film producers and converters worldwide in addressing the challenges of plasticulture, which involves the use of plastic materials in agricultural applications. This product provides an effective solution for agricultural plastics exposed to high levels of UV radiation, thermal stress, and inorganic chemicals frequently used in crop management and disinfection processes.
• April 2023: Berry Global Group Inc. expanded its film manufacturing facility in Tennessee to meet the growing demand for its high-performance, sustainable stretch films. The expansion included space for three new cast lines, an upgrade to the facility's existing post-industrial resin (PIR) reprocessing system, and an extension of its rail spur for resin material handling.

• February 2024: India's food ministry launched 'Bharat rice' at a subsidized rate of Rs 29(USD 0.35) per kg to provide relief amid a 15 percent rise in retail prices of grain in the last year.
• October 2023: China cultivated genetically modified giant rice in mountainous regions in Beijing to bolster food security amid soaring global rice prices. The yield reached 12.6 metric tons per hectare a 5 percent increase from 12 metric tons per hectare last year.
• January 2022: The Tamil Nadu Agricultural University (TNAU) released a new rice variety named 'TRY 5' in India. This is an early-duration variety suited for salt-affected soil.

• August 2023: Plenty Unlimited Inc., a San Francisco-based company, began construction on a vertical indoor farming campus that, when completed, is likely to be the largest such operation in the world. The campus, to be developed in phases totaling USD 300 million, will sit on 120 acres in the Meadowville Technology Park.
• February 2022: Aero Farms announced a new tomato research partnership with FFAR and the University of Florida to provide vertical farms with a path to growing high-yielding crops that produce flavored tomatoes in environmental conditions.
• January 2022: Plenty and Walmart announced the long-term investment to bring fresh, peak-flavor produce to shoppers year-round.

• June 2024: Capwell Industries introduced the first fortified rice in Kenya and potentially the entire African continent, enriched with essential vitamins B6, B1, B9 (folic acid), iron, and zinc.
• January 2024: The second AGGRi (AGGRi2) phase was launched in the Nanenane farm of the Tanzania Agricultural Research Institute (TARI)- Uyole. This phase continues the efforts to accelerate and modernize breeding programs as part of the Accelerating Genetic Gains in Rice (AGGRi) Alliance, which began in 2019.
• December 2023: The Multiple Harvest Rice for Africa (MHRA) project, supported by the Bill & Melinda Gates Foundation, was officially inaugurated at the Mbe station in Bouake, Cote d’Ivoire, by AfricaRice. The project's goal is to enhance rice production across the continent.

• May 2024: The African Union Commission was dedicated to strengthening the Africa Fertilizer Financing Mechanism to enhance food production. This commitment will enable the mechanism to invest in technologies that improve crop yields, initiatives that promote soil health, and infrastructure improvements. Such investments ensure better fertilizer availability and market access for farmers throughout Africa.
• December 2023: Bayer unveiled its new fungicide seed treatment, EverGol Energy, in South Africa, with availability set for farmers in 2024. This treatment targets both Fusarium spp. and Pythium spp. in maize and soybean crops.
• January 2023: K+S agreed to acquire a 75% stake in the fertilizer division of Industrial Commodities Holdings (Pty) Ltd (ICH), a trading firm based in South Africa. Following the signing of the agreement, the newly acquired entity will function under the name Fertiva (Pty) Ltd. This strategic move aims to bolster and broaden K+S's distribution reach in South Africa and East Africa.