Thailand Fertilizers News

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

Thailand Fertilizers News

Players in the Thailand fertilizer market are adopting various business strategies, including mergers and acquisitions, product launches, expansions, partnerships, etc.

For instance, in 2020, Yara Thailand Company Limited, in collaboration with DTAC, a telecommunication service provider, launched an app called 'Kaset Go,' which educates the farmers in using modern technologies to increase the crop yield. This innovation may boost the sale of the Yara fertilizers as the farmers begin to gain more knowledge.

In 2020, Yara Thailand Company Limited has also launched a new granular fertilizer product for water systems in Thailand. The product was launched as a premium product targeting the greenhouse, farms using fertigation systems, etc.,

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  • 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.
  • February 2022: Plant Response was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthens the company's global presence and helps develop new products and solutions for the customers sustainably.
  • January 2022: Novozymes and AgroFresh partnered to utilize biotechnology's potential to continue improving post-harvest quality and reducing food waste. This is an important venture for Novozymes with the company's intention to satisfy increasing consumer demand for fruits and vegetables with less food waste and less impact on the environment
  • February 2022: Plant Response was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthens the company's global presence and helps develop new products and solutions for the customers sustainably.
  • September 2021: Tradecorp launched Biimore worldwide, a biostimulant obtained from a plant fermentation process. Biimore comprises 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.
  • April 2022: Coromandel International Ltd approved the merger of Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly owned subsidiaries), with effect from April 1, 2021. This merger is anticipated to expand the company's product portfolio, including organic fertilizers.
  • May 2021: Coromandel International Ltd launched 'Godavari BhuBhagya,' a bio-enriched organic manure.
  • September 2022: To expand GSFC's Agro-product portfolio, the company planned to enter into organic fertilizers by setting up a 2x200 MTPD PROM plant at a polymer unit by using available existing infrastructure.
  • April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 1, 2021. This merger is anticipated to expand the company's product portfolio, including its organic fertilizers, in the long run.
  • February 2022: Gujarat State Fertilizers & Chemicals Ltd launched the Urban Sardar organic fertilizer, an eco-friendly and non-toxic product containing organic sources of nutrients best suited for all flowering plants and ornamental plants, gardens, and kitchen gardening.
  • 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., and this move will strengthen Symborg's global presence with a strong distribution network Corteva Agriscience.
  • February 2022: Plant Response was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthens the company's global presence and helps develop new products and solutions for the customers sustainably.
  • September 2022: Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.
  • January 2021: Atlántica Agrícola's 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.
  • November 2019: IPL Biologicals Limited launched four new biofertilizer products, including Nitrogcea, Phosphacea, Potacea, and Zinkaacea, in Maharashtra, India.
  • September 2022: To expand GSFC's Agro-product portfolio, the company planned to enter into organic fertilizers by setting up a 2x200 MTPD PROM plant at a polymer unit by using available existing infrastructure.
  • April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 01, 2021. This merger is anticipated to expand the company's product portfolio, including its organic fertilizers, in the long run.
  • February 2022: Gujarat State Fertilizers & Chemicals Ltd launched the Urban Sardar organic fertilizer, an eco-friendly and non-toxic product containing organic sources of nutrients best suited for all flowering plants and ornamental plants, gardens, and kitchen gardening.
  • September 2022: Corteva Agriscience signed an agreement to acquire Symborg, a biologicals-based company, as a part of its strategy to expand its biologicals portfolio. The move was aimed at helping Corteva Agriscience in achieving its aim to become a global leader in the agricultural biologicals market.
  • July 2022: Corteva Agriscience introduced Sosdia Stress, an abiotic stress mitigator, to help farmers better manage drought-stressed crops. This product is derived from amino acids of natural origin.
  • February 2022: Plant Response was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthens the company's global presence and helps develop new products and solutions for the customers sustainably.
  • September 2022: Corteva Agriscience agreed to acquire Symborg Inc., which will strengthen Symborg's global presence with a strong distribution network of Corteva Agriscience.
  • March 2021: Symborg opened a new hydrolysis plant in Spain, with a total investment of USD 28.0 million. The plant is designed for manufacturing sustainable agriculture products, such as biofertilizers, biostimulants, and biocontrol solutions imported to the US market.
  • February 2021: Koppert developed a biofertilizer product called VICI MYCO D, which is a product based on microorganisms. It contributes to the start and development of the roots of plants as soon as crops are planted. It helps in exploiting mineral resources and improves tolerance to abiotic stresses.
  • April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 1, 2021. This merger is anticipated to expand the company's product portfolio, including its organic fertilizers, in the long run.
  • May 2021: The company launched 'Godavari BhuBhagya,' a bio-enriched organic manure.

Thailand Fertilizers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)