Brazil Fertilizers News

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

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Brazil Fertilizers News

  • April 2023: K+S acquired a 75% share of the fertilizer business of a South African trading company, Industrial Commodities Holdings (Pty) Ltd (ICH). In addition to expanding the core business, K+S is strengthening its operations in southern and eastern Africa as a result of this acquisition. The newly acquired fertilizer business in the future is to be operated in a joint venture under the name of FertivPty Ltd.
  • 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.
  • May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.
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  • 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.
  • March 2022: The Haifa Group acquired Horticoop Andina, a specialized wholesaler of agricultural nutritional products based in Quito, Ecuador. This acquisition allowed Haifa to expand its presence in Ecuador and the wider Latin American market, further solidifying its position as a global leader in advanced plant nutrition.
  • December 2021: Nouryon expanded its office and research center in Mumbai, India, doubling its office space. This expansion is aimed at better serving local customers and supporting long-term growth initiatives in the Asia-Pacific region.
  • 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.

  • September 2023: Richel Group is in a three-year, exclusive strategic partnership with Pure Harvest Smart Farms to increase its efficiency in designing, manufacturing, and building high-tech greenhouses in challenging climates and distant regions, including the Middle East and Asia.
  • June 2023: Certhon and Living Greens Farm announced a strategic partnership to develop further and globally expand Living Greens Farm’s disruptive aeroponic growing technology. Certhon would bring its technological expertise and global network to this partnership to create and help market aeroponics technology outside North America.
  • February 2023: Heliospectra AB (publ) expanded its product portfolio and MITRA platform with MITRA Flex, the market’s first wirelessly controlled flexible far-red light. 
  • April 2023: Husqvarna launched T542i XP® and 542i XP®, which the company claims to be the world's first battery chainsaws with a clutch, offering a kick-start of energy at the beginning of every cut and the familiar feel of gas-powered counterparts
  • May 2023: Robert Bosch GmbH launched a new advanced cordless chainsaw under the AdvancedChain 36V-35-40 brand.
  • September 2022: Bioceres, an Argentina seed technology collaborated with Syngenta to develop and market its biological seed treatment solutions globally.
  • June 2022: HELM Argentina and Protergium launched Innobio Protergium Terra, a biological seed treatment for wheat and barley composed of a microbial consortium in the country.
  • 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.
  • March 2022: The Haifa Group acquired Horticoop Andina, a specialized wholesaler of agricultural nutritional products based in Quito, Ecuador. This acquisition allowed Haifa to expand its presence in Ecuador and the wider Latin American market, further solidifying its position as a global leader in advanced plant nutrition.
  • December 2021: Nouryon expanded its office and research center in Mumbai, India, doubling its office space. This expansion is aimed at better serving local customers and supporting long-term growth initiatives in the Asia-Pacific region.

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