India Fertilizers News

Related Fertilizers Industry 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.

• 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.

• 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.
• January 2021: Atlántica Agrícola developed Micomix, a biostimulant composed primarily of mycorrhizal fungi, rhizobacteria, and chelated micronutrients. The presence and development of these microorganisms in the rhizosphere create a symbiotic relationship with the plant that favors the absorption of water and mineral nutrients and increases its tolerance to water and salt stress.
• October 2018: Atlántica Agrícola introduced Razormin, a biostimulant with a great rooting effect whose well-balanced formulation induces rooting and, subsequently, the plant root and leaf mass development, thus stimulating cell division and elongation. The presence of amino acids and polysaccharides favors the absorption of nutrients (both macro and micro), which results in the better development of the plant.

• In August 2021, Fertoz and Progressive Planet, a Canada-based mineral exploration company, a new business relationship. This deal focuses on grinding soft rock phosphate into fine powder, in order to be used as organic fertilizer.
• In 2020, American Vanguard acquired biological crop input leader Agrinos Inc. as a strategic opportunity to capitalize on the growing demand for sustainable crop nutrition.
• In February 2019, Nutrien acquired Actagro for a disclosed amount of USD 340 million. The acquisition included Actagro's strong research and development team and its world-class research and development facility located in California. It would support the continued development of soil and plant health technologies.

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.

• September 2022: BASF Vietnam commits to continue investing in the portfolio of sustainable innovations in various industries, including nutrition and agriculture, footwear, textiles, and e-mobility to help our customers become more successful and better equipped to supply both local and export markets because Vietnam is attractive destination for foreign investors in many aspects with a range of trade agreements and sustainability commitments, a young and talented workforce, and favourable government regulations and support.
• May 2022: Bayer Vietnam has launched Routine Start 280FS (Routine Start), a new seed treatment product to protect early-season rice seeds from rice blast fungi, improving crop productivity and resource efficiency for rice farmers to promote the sustainable development of Vietnamese agriculture through breakthrough innovations.

• 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.