Thailand Fertilizers News
- August 2024: Sojitz Corporation has established Sojitz Kaset Dee X Co., Ltd. (KDX) as an agricultural platform subsidiary in Thailand. Through KDX, Sojitz will enter the agricultural platform business, planning to initiate the supply and sale of farming services to cassava farmers in fall 2024. Sojitz aims to enhance farming efficiency and sustainability, ultimately increasing farmer prosperity through the development of KDX's farming services.
- June 2024: The Thai government is implementing a co-payment scheme to support fertilizer costs for more than 4 million rice-farming households. This initiative will be accessible to farmers through the Bank for Agriculture and Agricultural Cooperatives mobile app. To address concerns about price volatility, fertilizer suppliers will be invited to participate in standardizing prices.
Related Fertilizers Industry News
- February 2024: Researchers at IIT-Guwahati (India) have pioneered a two-stage biodegradation technique. This innovation aids municipal corporations and governing bodies in eco-friendly organic waste management. Additionally, it produces high-quality vermicompost and organic compost enriched with NPK (nitrogen, phosphorus, and potassium) and other essential micronutrients for farmers.
- April 2023: East-West Seed Knowledge Transfer Foundation Bangladesh has championed organic inputs like vermicompost and organic mulch to bolster environmental sustainability and soil health. As part of the Smart Farming, Healthy Food project, Farmers initiated a vermicompost production venture. In the first 8 months of the program, the harvest from 14 of the vermicompost operations totaled 2,818 kilograms.
- August 2024: Sojitz Corporation has established Sojitz Kaset Dee X Co., Ltd. (KDX) as an agricultural platform subsidiary in Thailand. Through KDX, Sojitz will enter the agricultural platform business, planning to initiate the supply and sale of farming services to cassava farmers in fall 2024. Sojitz aims to enhance farming efficiency and sustainability, ultimately increasing farmer prosperity through the development of KDX's farming services.
- June 2024: The Thai government is implementing a co-payment scheme to support fertilizer costs for more than 4 million rice-farming households. This initiative will be accessible to farmers through the Bank for Agriculture and Agricultural Cooperatives mobile app. To address concerns about price volatility, fertilizer suppliers will be invited to participate in standardizing prices.
- April 2023: Indian Farmers Fertiliser Cooperative Limited (IFFCO) introduced a nano liquid fertilizer, Diammonium Phosphate (DAP), aimed at enhancing crop productivity and bolstering farmers' incomes.
- February 2022: EuroChem Group AG bolstered its presence in Europe by acquiring Borealis Group's nitrogen business, which now includes nano fertilizers.
- 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.
- June 2022: Novozymes AS and AgroFresh formed a partnership to develop biological solutions and improve post-harvest food quality.
- July 2021: Symborg Corporate SL signed a distribution agreement with Corteva Agrisciences. The agreement will help the company distribute its BlueN biofertilizer products to the European Union.
- March 2021: Symborg Corporate SL opened a new manufacturing facility in Spain for the manufacturing of sustainable products for agriculture, such as biofertilizers.
In August 2022, Valent Biosciences subsidiary, Mycorrhizal Applications LLC, expanded its research facilities at the Bio Research and Development Growth Park at Donald Danforth Plant Science Center in St. Louis, Missouri. The expansion provides increased laboratory capacity for research related to arbuscular mycorrhizal fungi and allows the company to conduct in-depth research on new uses for mycorrhiza.
In June 2022, Groundwork BioAg and Israel-based global crop protection company ADAMA commercially agreed to offer sustainable, cost-effective mycorrhizal products to increase crop yields in the Indian market. This collaboration enables ADAMA and Groundwork BioAg to access India's vast and rapidly growing agricultural market, such as corn and soybean.
In April 2022, Premier Tech Ltd acquired US-based Northwoods Organics. This transaction would allow Premier Tech to strengthen its position in the United States by adding two peat bogs and a packaging plant for conditioning horticultural products.
- October 2022: ACI Biolife Fertilizer and the Bangladesh Institute of Nuclear Agriculture (BINA) signed an MoU for Biofertilizer, i.e., Trichoderma development and testing. ACI Fertilizer is developing a Biofertilizer Lab at Jhikorgacha, Jessore, with support from BINA.
- September 2022: Corteva Agriscience acquired Symborg, an expert in microbiological technologies based in Murcia, Spain. Acquiring Symborg is a significant next step in Corteva's strategy to accelerate the development of a best-in-class biological portfolio as a valuable part of the integrated solutions.
- March 2022: Rizobacter expanded and commercialized its products to other African countries apart from South Africa, including Malawi, Zambia, Nigeria, Ghana, Uganda, Kenya, Sierra Leone, and Tanzania.
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.
- June 2024: Mahindra & Mahindra Ltd unveiled its strategy to broaden its global footprint, targeting Western Europe and ASEAN (The Association of Southeast Asian Nations) to strengthen its international standing for Orchard and other types of Tractors in their lineup. Mahindra Tractors is set to make its ASEAN debut in Thailand in 2024, with plans to venture into Western Europe in 2025. The company has set an ambitious goal to double its international business within the next three years.
- February 2024: AGCO Corporation launched the Massey Ferguson 3 Series Specialty tractor in North America. Tailored for the distinct needs of vineyards and orchards, the MF 3 Series offers seven models, boasting horsepower between 75 and 115, ensuring reliable performance in a new market.
- November 2024: Clariant Corporation has formed a partnership with Red River Specialties in North America to expand its presence in the agricultural market. This collaboration aims to enhance the distribution and service of Clariant's specialty chemical products, including seed coating materials, to customers in the region.
- March 2024: Lucent Biosciences, a Canadian startup, is expanding its operations to the United States. The company plans to introduce its seed coating products to the market, focusing on US Midwest farmers with its Nutreos product, a biodegradable micronutrient seed coating.