North America Fertilizers News

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

North America Fertilizers News

  • January 2023: ICL has entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.
  • October 2022: The Andersons entered into an agreement to acquire the assets of Mote Farm Service, Inc. to expand thier retail farm center network.
  • August 2022: Koch invested around USD 30 million in the Kansas nitrogen plant to increase UAN production by 35,000 tons per year to meet growing UAN demand across western Kansas and eastern Colorado.
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  • June 2024: Mitsui & Co., Ltd., partnered with TA'ZIZ, Fertiglobe, and South Korea's GS Energy Corporation, to construct an ammonia production facility in Al Ruwais, United Arab Emirates. Through this initiative, Mitsui aims to significantly contribute to the realization of a decarbonized society.
  • January 2023: SABIC Agri-Nutrients (SABIC AN) partnered with Atmonia for the application of its technology for sustainable ammonia production in several Middle Eastern countries. This partnership between the companies helps to launch fertilizer products in the GCC region in the future.
  • 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 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 2023: Saudi Arabia's Public Investment Fund established a new company Al Madinah Heritage Company (MHC) to develop and boost the production of Ajwa dates in the Madinah region as part of efforts to further enhance the kingdom's food and agriculture industry.
  • April 2022: The National Center for Palms and Dates has officially launched the 'Saudidates' platform, an innovative, convenient, and efficient business-to-business electronic market where buyers across the globe can buy dates in bulk from sellers in the Kingdom of Saudi Arabia.
  • September 2024: Albaugh, a global leader in crop protection solutions, has officially registered its SPIROMAX 240 SC Insecticide in Australia. This achievement underscores Albaugh's expansion into the Australian agricultural market and reaffirms our dedication to delivering high-quality and cost-effective crop protection products to Australian farmers.
  • May 2024: BASF has introduced its innovative insecticide, Cimegra, in Australia. This product features a new active ingredient, Broflanilide, developed using BASF's proprietary technology. Cimegra offers robust and prolonged protection against resilient insect pests, catering to a diverse range of crops.
  • May 2024: The Association of Vanilla Exporters of Uganda (VANEX) advocated for diversifying vanilla supply sources to prevent disruptions. They highlighted Uganda's high-quality vanilla, which matches Madagascar's flavor and offers a unique profile with up to 4.55% vanillin content.
  • March 2024: Madagascar, Papua New Guinea (PNG), and Comoros have agreed to establish a world association for vanilla-growing countries. This decision was made during a trilateral meeting held in Abu Dhabi, United Arab Emirates (UAE), on the sidelines of the World Trade Organization (WTO) 13th Ministerial Conference (MC13).
  • August 2023: Mahindra Tractors, a division of the Mahindra Group, launched its new range of tractors called Mahindra OJA. The company unveiled this product line at Futurescape, an event in Cape Town, South Africa.
  • July 2023: John Deere acquired Smart Apply Inc., a precision spraying equipment company that developed the Smart Apply Intelligent Spray Control System (an upgrade kit that can improve the precision and performance of virtually any air-blast sprayer used in orchard, vineyard, and tree nursery spraying applications). Smart Apply is primarily sold through John Deere dealers in South Africa.
  • August 2022: As part of plans to support and boost the cotton industry in South Africa, the Department of Science and Innovation (DSI) and its entity, the Technology Innovation Agency(TIA), have together supplied farmers with two cotton baler machines to put an end to manual cotton baling.
  • August 2024: The Prime Minister of India has launched 109 new and hybrid varieties across 61 crops, including millets such as barley, sorghum, pearl millet, and finger millet. These hybrids are aimed to enhance yields and improve quality, enabling farmers to secure better prices and increase their income.
  • January 2024: The Indo-US Millets Initiative, a collaboration between India and the United States, aims to enhance the awareness, production, and consumption of nutrient-rich millets. This initiative brings together key stakeholders in the millet sector, including non-profits Sorghum United and the North American Millets Alliance (NAMA), India's national India Millet Initiative, and the Daugherty Water for Food Global Institute from the University of Nebraska.
  • July 2023: The India-Africa International Millet Conference took place in Nairobi, Kenya intending to raise public awareness about South-South exchange and collaboration opportunities. It also focused on the nutritional and health benefits of millets and their suitability for cultivation under challenging conditions exacerbated by climate change.

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