United States Fertilizers News

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

United States 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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  • July 2023: ICL Group introduced a biodegradable chelate with demonstrated bioactivity. This innovative technology not only boasts a significant average yield increase of 2.5 bags per hectare in soybean cultivation, when compared to traditional chelating agents but also ensures biodegradability in the soil and exhibits a pronounced physiological effect.
  • January 2023: Nouryon, a global leader in specialty chemicals, acquired ADOB, a prominent supplier of chelated micronutrients, fertilizers, and other specialized agricultural solutions in Poland. This strategic move enhances Nouryon's diverse crop nutrition portfolio and underscores its unwavering commitment to the agriculture and food sector. The acquisition enables the company to broaden its range of services and products for industry customers.
  • December 2022: The Government of Ontario finalized amendments to On-Site and Excess Soil Regulation (Excess Soil Regulation) and the Rules for Soil Management and Excess Soil Quality Standards (Soil Rules). These amendments, which came into effect on January 1, 2023, include removing the reuse planning requirements for some projects and removing the limit on soil storage piles.
  • May 2022: Koppert India and UPL India signed an agreement wherein Koppert will produce a biofertilizer for UPL, which UPL will offer under its new global business unit, NPP, to its growers in India. The biofertilizer, with the brand name Copio, helps improve soil health, leading to better plant establishment and improved overall output. This commercial relationship is the continuity of the long-term collaboration between both companies, already consolidated in Japan and Spain and primed to grow across new geographies.

In June 2022, K+S signed a letter of intent with the Swedish company CinisFertilizer to cooperate with the synthetic production of potassium sulfate (SOP). This implies that K+S is to supply CinisFertilizer with its entire potassium chloride (MOP) requirements, and in return purchase up to 600,000 metric ton of potassium sulfate (SOP) per year from Cinis.

In March 2021, AnaamInternational Holding Group acquired Al TakamulNational Agriculture Company by signing of Non-Binding Memorandum of Understanding ('MOU') and acquiring 100% of the shares of the company. This will help in the integration with agricultural lands owned by AnaamGroup and this acquisition adds value to the group and its shareholders.

In October 2021, ICL's polysulfate has been approved for use in organic farming. The EU and USDA certified both the standard and granular grades as organic fertilizers.

  • July 2022: A new granular inoculant called LALFIX® START SPHERICAL Granule was launched, which combines Bacillus velezensis, a plant growth-promoting microbe, with two distinct rhizobium strains. This powerful and well-tested PGPM boosts phosphorus solubilization and improves root mass.

In January 2020, Symborg launched BlueN to improve agricultural productivity by using an atmospheric nitrogen-fixing bacterium, Methylobacterium symbioticum.

In November 2018, ASB Greenworld launched Bag-in-Box, an environmentally-friendly packaging solution for liquid organic fertilizer, which reduces the logistics volume, waste, and carbon footprint.

September 2022: Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.

  • July 2024: Cajuina Sao Geraldo, a beverage company from Ceara in northeastern Brazil, partnered with CANPACK to introduce its flagship cashew soda, Sao Geraldo, in 350ml recyclable aluminum cans for the first time. Cajuína Sao Geraldo, a soda containing 5 percent juice from native cashew fruits, is highly popular in Brazil's northeastern states. The distinctive flavor comes from the cashew fruit itself, rather than the more commonly known cashew nuts.
  • July 2024: Suprema Caju, located in Pacajus, Ceara, has received support from Agro.BR, a project initiated by the Brazilian Confederation of Agriculture and Livestock (CNA) and the Brazilian Trade and Investment Promotion Agency (APEX-Brasil). Agro.BR's objective is to broaden Brazil's export portfolio by offering resources and assistance to rural entrepreneurs. This collaboration has enabled Suprema Caju to access new markets and opportunities, strengthening its position in the global cashew market.
  • April 2024: Husqvarna launched T542i XP and 542i XP models are the first battery-powered chainsaws to incorporate a clutch mechanism. This feature provides an initial surge of power at the start of each cut and replicates the operational feel of traditional gas-powered chainsaws.
  • May 2023: Robert Bosch GmbH introduced new advanced cordless chainsaws such as the AdvancedChain 36V-35-40 and the AdvancedBrushCut 36V-23-750. The AdvancedChain 36V-35-40 is designed for efficient large wood-cutting tasks, while the AdvancedBrushCut 36V-23-750 is intended for reliably clearing overgrown and wild areas.
  • July 2024: The Brazilian government has introduced two harvest plans, one for agribusiness and another for family farming, which includes cashew farmers. The plans allocate over BRL 475 billion (USD 76.7 billion) in credit, with a substantial portion designated for large-scale agricultural enterprises.
  • February 2024: Chile's government implemented phytosanitary import regulations for cashew nuts from all countries of origin. The exporting nation must provide an official phytosanitary certificate declaring that the shipment has been treated for the pathogens Trogoderma granarium and Corcyra cephalonica.
  • July 2023: ICL Group introduced a biodegradable chelate with demonstrated bioactivity. This innovative technology not only boasts a significant average yield increase of 2.5 bags per hectare in soybean cultivation, when compared to traditional chelating agents but also ensures biodegradability in the soil and exhibits a pronounced physiological effect.
  • January 2023: Nouryon, a global leader in specialty chemicals, acquired ADOB, a prominent supplier of chelated micronutrients, fertilizers, and other specialized agricultural solutions in Poland. This strategic move enhances Nouryon's diverse crop nutrition portfolio and underscores its unwavering commitment to the agriculture and food sector. The acquisition enables the company to broaden its range of services and products for industry customers.

United States Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030