Europe Fertilizers News

Recent industry report about Europe Fertilizers company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Europe Fertilizers Market industry experts.

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Europe Fertilizers News

  • February 2022: ICL's introduced lawn care fertilizers containing either urea coated with sulfur and a biodegradable polymer membrane (Poly-S) or resin-coated nitrogen combined with phosphorus and potash (PACE). This avoids uncontrolled shock growth, which means less mowing effort. The fertilizers are considered to be particularly easy and safe to use and are suitable for robotic lawnmowers.
  • February 2022: EuroChem Group AG, announced that it has entered exclusive negotiations to acquire the Borealis group a leading European nitrogen fertilizer and melamine producer to strengthen its position in european market.
  • February 2022: EuroChem Group AG, announced that it has entered exclusive negotiations to acquire the Borealis group a leading European nitrogen fertilizer and melamine producer to strengthen its position in european market.
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  • February 2022: ICL's introduced lawn care fertilizers containing either urea coated with sulfur and a biodegradable polymer membrane (Poly-S) or resin-coated nitrogen combined with phosphorus and potash (PACE). This avoids uncontrolled shock growth, which means less mowing effort. The fertilizers are considered to be particularly easy and safe to use and are suitable for robotic lawnmowers.
  • February 2022: EuroChem Group AG, announced that it has entered exclusive negotiations to acquire the Borealis group a leading European nitrogen fertilizer and melamine producer to strengthen its position in european market.
  • February 2022: EuroChem Group AG, announced that it has entered exclusive negotiations to acquire the Borealis group a leading European nitrogen fertilizer and melamine producer to strengthen its position in european market.
  • May 2022: The Minister of Climate Change and Environment in the UAE launched the waste-to-feed project by Circa Biotech that farms black soldier fly (BSF) larvae, fed by food leftovers, and turns them into animal proteins, organic fertilizers, and oils.
  • March 2022: Qatar, in collaboration with Heenat Salma Farm, launched two interactive tours, 'Discover Organic Farming in the Desert" and "Discover Organic Farming and Sunset at Zeekret," to make people learn about the organic agriculture of 30 different crop varieties in the desert environment.
  • March 2022: The Ministry of Food and Agriculture and the Charge Affairs of the Embassy of the United Arab Emirates Accra entered a joint venture in the agricultural sectors of both countries. The partnership would bring companies from the United Arab Emirates into Ghana to set up an organic fertilizer with new technology in liquid fertilizers.

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 the Kingdom of Saudi Arabia by opening a new manufacturing facility in Riyadh. This strategic investment allows JAS to further expand its presence in the Kingdom with the aim of further enhancing its services in KSA.

New product launches, partnerships, expansions, and acquisitions are the major strategies adopted by the leading companies in the market. For instance, in 2016, Thai Central Chemical Public Company Limited expanded the market of NPK compound fertilizer in Myanmar by building a new warehouse for packing the NPK compound fertilizer of TCCC Myanmar Limited (TCCCM), which is TCCC's subsidiary in Thilawa Special Economic Zone in Yangon.

Furthermore, players in the market are focusing on partnerships to increase their brand demand and product portfolio. For instance, in 2021, PT Pupuk Kujang Cikampek and PT Pupuk Indonesia Pangan signed an MoU to cooperate with the Bandung Regency Government on the Farming System with Agrosolution (SIBEDAS) program, through which quality fertilizers are supplied to Bandung Regency farmers in Indonesia.

  • November 2022: The Ministry of Agriculture and Rural Development (MARD) in Vietnam has set a target of raising the proportion of organic fertilizer products authorized for circulation to 25% by 2025.
  • October 2022: Nescafe unveils USD 1 billion plan for coffee sustainability, focusing on Vietnam. The Nescafe Plan 2030 will help coffee farmers plant carbon sequestering crops, increase the use of organic fertilizers, improve bio-diversity and provide disease and climate-change-resistant coffee trees.
  • April 2022: The Vietnamese government issued a decision to promote environmental protection to 2030 with a vision to 2050. In the decision, the government prioritizes ecological agriculture and organic agriculture, in parallel with the abandonment of inorganic fertilizer, chemical pesticides, and antibiotics in cultivation, animal husbandry, and aquaculture.
  • February 2024: Hunter Industries Inc. partnered with Saudi Drip Irrigation Company to manufacture agricultural, residential, commercial, and golf irrigation systems products. This partnership between Saudi Drip and Hunter Industries was a testament to their commitment to sustainable practices by focusing on developing water and energy-saving solutions, including drip irrigation management.
  • January 2024: Rain Bird Corporation Partnered with Pinehurst Resort to manufacture equipment and provide service and support for the irrigation system. The Rain Bird Corporation was recognized as the resort’s Official Irrigation Partner through this partnership. In addition to using Rain Bird Irrigation equipment at Pinehurst Resort, the agreement allowed the two entities to partner on other industry growth initiatives.
  • October 2023: Netafim Limited launched an inventive irrigation system in India with anti-clogging technology, guaranteeing the best distribution of nutrients and water. The company has 35,000 farmers nationwide using the new system on 25,000 hectares nationwide by 2025. Through this product launch, the company increased its product portfolio nationwide.
  • February 2023: With Colombia's first flower exports nearly 55 years ago and the Colombian Association of Flower Exporters (Asocolflores) celebrating its 50th anniversary this year, an important topic looms: succession planning. This is critical to a company's long-term viability, especially with many family-owned businesses in Colombia. However, a smooth transition can be challenging to achieve.
  • November 2022: The value of Colombia flower exports in the first 11 months of 2021 an increase of more than USD 250 million compared to the same period the previous year - a 20% growth that is due to higher prices and a 17% increase in the volume of exports, which hit 266.5 million kilos during last year's surveyed period.
  • February 2022: According to the National Administrative Department of Statistics (DANE), Colombia traded nearly USD 890 million flowers between January and February 2022, generating thousands of jobs and millions of dollars in revenue.
  • June 2022: During the first six months of 2022, the exports of cashew nuts from the United States to other countries decreased due to the higher raw material price, with no increase in the selling price of processed products. The reduction in imports from Vietnam and Brazil is also the major reason for the decline in the market.
  • May 2022: The Department of Agriculture of the United States (USDA) started a new campaign on Cashew nuts, financing a total of USD 38 million, with implementation by LIFFT-Cashew in the SEGABI (Senegal, Gambia Guinea-Bissau) region. The project is expected to increase production and trade between the United States and SEGABI region.
  • July 2022: The Ethiopian Coffee and Tea Authority (ECTA) released a new, comprehensive strategy for the country's coffee sector, which was developed in collaboration with the Ethiopian Institute of Agriculture Research (EIAR) and international nonprofit TechnoServe to increase coffee production by three times within next 10 years.
  • July 2022: The Indian Government planned to repeal the existing 80-year-old Coffee Act and proposed a new 'Coffee Promotion and Development Bill, 2022' to promote the development of the Indian coffee industry. Through a new law, the government aims to modernize the functioning of the Coffee Board of India, which is responsible for boosting production and the quality of Indian coffee, pushing exports, and supporting the development of the domestic market.
  • July 2021: The Rainforest Alliance launched a new sustainability certification program for coffee to promote sustainable farming practices and ensure that coffee farmers receive fair product prices.
  • February 2023: Tecan collaborated with Singular Genomics to use the turnkey MagicPrep NGS system to create sequencing-ready libraries for the G4 sequencing platform. The agreement will combine Tecan's expertise in laboratory automation, genomics, and bioinformatics with Singular Genomics' fast, flexible, and highly accurate sequencing technology to simplify life in the lab.
  • February 2021: Thermo Fisher Scientific Inc. acquired a cell sorting technology from Propel Labs, a fully owned subsidiary of SIDIS Group. Thermo Fisher aims to bring flow cytometry expertise, R&D capabilities, and engineering strength to elevate its cell analysis and cell therapy research business.

Europe Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030