Europe Fertilizers News

Related Fertilizers Industry News

• September 2024: Innovar Ag, a U.S.-based developer of chemical fertilizer additives, has set up a representative office in Tokyo. This move aims to bolster the profitability and sustainability of the agricultural sector. Furthermore, the company's exclusive "PENXCEL Technology" enhances fertilizer additives by enabling rapid penetration of ingredients into fertilizer granules, ensuring the production of highly concentrated and uniform fertilizers.
• August 2024: Koch Agronomic Services LLC has acquired OCI Global’s fertilizer plant located in Wever, Iowa, for a sum of USD 3.6 billion. This strategic investment bolsters Koch's capacity to cater to its customers over the long haul, offering increased adaptability to shifting nitrogen preferences.

• 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.

• January 2021: Heliae Agriculture and Rizobacter collaborated to develop innovative soil and crop nutrition technologies that will help the company manufacture better and more efficient solutions, enhancing its product portfolio.

• 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.

• October 2024: The UAE government launched the Plant the Emirates national program to advance agricultural crop development including tomatoes and boost sustainable national food security.
• December 2023: In the UAE, the Minister of Climate Change and Environment directed government agencies such as hospital authorities and the armed forces to buy locally grown produce, including tomatoes, to support the companies investing in Agritech to facilitate the production of fresh produce in harsh environmental conditions.
• August 2022: Pure Harvest Smart Farms, a company that makes tomatoes, used the Islamic bond to get money so it could make tomatoes all year long and help the food security plan.

• November 2023: UPL Limited incorporated the company's subsidiary in South Africa, Advanta Seeds Ltd. The subsidiary established in the country carries out seeds and related business in the region.
• May 2023: Capstone Seeds have developed two genetically modified cultivars such as CAP 9-242RRBT, which is a fast yellow maize hybrid, and CAP 9-569RRBT, a medium white maize hybrid for dry land plantings.
• February 2023: Plant genetics company GDM got approval for the launch of 13 soy plant varieties with new GMO seed technology in South Africa.

• January 2023: The European Commission's new Common Agricultural Policy will support European farmers in their transition to a more sustainable and resilient agricultural industry, as well as in preserving the diversity of rural communities. These strategic plans support rural lemon growers in improving production.
• March 2022: The European Commission issued a Statement on "Safeguarding food security and enhancing the resilience of food systems" to support European farmers facing rising commodity prices and fertilizer input costs due to the Ukraine war. The European Union allocated USD 535 million to provide direct assistance to the most affected European farmers in 2022 and 2023.

• April 2024: AGCO Corporation has established a joint venture with Trimble, creating a new company named PTx Trimble. Trimble's established presence in multiple European countries brings significant experience and market reach to this collaboration, enhancing efforts to promote precision farming technologies across the region.
• December 2023: NIK, a Bulgarian precision farming technology company, has collaborated with Bayer to introduce the FieldView Spray Kit. This new tool aims to enhance farming operations by optimizing processes, reducing expenses, and improving sustainability. The kit achieves these goals through real-time monitoring capabilities, precise calibration features, and advanced data analytics.
• April 2023: AGCO Corporation partnered with Bosch BASF Smart Farming to introduce and promote Smart Spraying technology on Fendt Rogator sprayers. The collaboration also involves joint efforts to develop new innovative features.