<div>
 
 
 <ul>
 <li>
 
 Cinis Fertilizer, a Swedish company that converts industrial waste into sulfate of potash (SOP) fertilizer, has decided to prioritize the construction of its planned Hopkinsville, Kentucky, facility over its Skellefte&aring;, Sweden, facility. The Kentucky facility is expected to be operational in 2025, with a production capacity of up to 300,000 tons of potassium sulfate.
 
 </li>
 <li>
 
 According to the company, the Kentucky facility, which would receive sodium sulfate from 
 <a href="https://sp-edge.com/companies/1874255">
 Ascend Elements
 </a>
 , a cathode-material recycling company, has been prioritized due to the rapid expansion of the North American EV battery market, fueled by favorable government incentives and battery manufacturers shifting focus from Europe.
 
 </li>
 <li>
 
 The expansion will be funded through a combination of internal cash flows and external loans. The company is also exploring other financing options, such as state and federal investment grants.
 
 </li>
 <li>
 
 Analyst QuickTake: 
 The Kentucky facility will be the company&rsquo;s second plant after 
 <a href="https://sp-edge.com/updates/18274">
 &Ouml;rnsk&ouml;ldsvik
 </a>
 (planned to be operational in early 2024). The decision to prioritize the plant follows the signing of an agreement with Ascend Elements in 
 <a href="https://sp-edge.com/updates/22089">
 September 2023
 </a>
 for the supply of sodium sulfate. During the same month, the company also entered a letter of intent with K+S for the 
 <a href="https://sp-edge.com/updates/22089">
 sale
 </a>
 of its potassium sulfate end-product and the 
 <a href="https://sp-edge.com/updates/21732">
 purchase
 </a>
 of potassium chloride for use at the Kentucky facility.
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://news.cision.com/cinis-fertilizer-ab/r/cinis-fertilizer-accelerates-the-expansion-in-the-usa-and-prioritizes-its-production-facility-in-ken,c3873272">
 Press release
 </a>
 
 
 
</div>

Natural Fertilizers

ANALYST_QUICK_TAKE

DISRUPTOR_PRESENT

The Swedish company, Cinis Fertilizer, has decided to prioritize the construction of its planned facility in Hopkinsville, Kentucky, over its facility in Skellefteå, Sweden. The Kentucky facility is expected to be operational in 2025 and will have a production capacity of up to 300,000 tons of potassium sulfate. The decision to prioritize the Kentucky facility is due to the rapid expansion of the North American EV battery market, driven by government incentives and a shift in focus from Europe by battery manufacturers. The expansion will be funded through a combination of internal cash flows, external loans, and potential state and federal investment grants. Analyst QuickTake: The Kentucky facility will be the company’s second plant after <a href="https://sp-edge.com/updates/18274"> Örnsköldsvik </a> (planned to be operational in early 2024). The decision to prioritize the plant follows the signing of an agreement with Ascend Elements in <a href="https://sp-edge.com/updates/22089"> September 2023 </a> for the supply of sodium sulfate. During the same month, the company also entered a letter of intent with K+S for the <a href="https://sp-edge.com/updates/22089"> sale </a> of its potassium sulfate end-product and the <a href="https://sp-edge.com/updates/21732"> purchase </a> of potassium chloride for use at the Kentucky facility.

Cinis Fertilizer prioritizes construction of Kentucky facility over Skellefteå

PROMINENT_CATEGORY

<div>
<ul>
<li>
USDA has announced USD 52.6 million in awards under the <a href="https://www.rd.usda.gov/media/file/download/usda-rd-fpep-chart-10162023.pdf">Fertilizer Production Expansion Program (FPEP)</a>, which will fund 17 new projects to increase domestic fertilizer production, support innovative fertilizer technologies, and help lower costs for farmers.
</li>
<li>
The FPEP, funded by the USDA's Commodity Credit Corporation, is part of a government-wide effort to stimulate domestic competition and combat rising fertilizer costs. Since the program was announced about 18 months ago, USDA has awarded 33 projects with a total investment of more than USD 121 million.
</li>
<li>
Some of the companies that received funding in this round include Northstar Lime, True Organic Products, and Dairy Dreams.
</li>
</ul>
</div> Analyst QuickTake: In September 2022, the USDA allocated <a href="https://sp-edge.com/updates/13603"> USD 500 million </a> through the FFEP to increase domestic fertilizer production, promote competition in the agriculture industry, and reduce reliance on imports. Due to the high demand for funding, in June 2023, the USDA increased the funding ceiling for the FPEP to a maximum of USD 900 million.

USDA announces USD 52.6 million grant for domestic fertilizer production

Plant Health Care has signed an agreement with Agrii for the distribution of Agrii's foliar fertilizer product containing Plant Health Care's PREtec technology. The product, known as Innocul8, will be launched in the UK in 2024 and will initially focus on improving yields and quality in potatoes, berries, peas, beans, and grapes. The two companies also plan to expand to other crops in the UK in the future. This partnership allows Plant Health Care to expand its global presence and contribute to its goal of generating $30 million in revenue by 2025.

Plant Health Care expands into UK with Agrii

California-based startup Pivot Bio is set to build a facility in Hazelwood, Missouri for the commercial production of nitrogen. This marks the first time this technology has been commercialized. The company plans to invest over $20 million in the project, creating 41 new jobs in the area. The facility will enhance its ability to research, test, and develop biofertilizer products for cereal crops. Pivot Bio will also benefit from the Missouri Works program, which provides access to capital through withholdings or tax credits for job creation, helping the company expand and retain its workforce.

Pivot Bio announces USD 20 million facility expansion in Hazelwood

Pivot Bio has appointed Debra Frimerman as its chief business development officer and Wendy Watkins as the chief communications officer. Frimerman has held key roles at Calyxt and Syngenta, overseeing legal aspects. Watkins has served as the CCO at Hormel Foods and has experience in corporate communications.

Pivot Bio appoints new CBDO and CCO

Swedish company Cinis Fertilizer is building its largest plant in Hopkinsville, Kentucky, which will convert industrial waste into sulfate of potash (SOP) fertilizer. The plant will have a capacity of 300,000 metric tons per year and is set to start operations in 2026. Cinis Fertilizer has secured a ten-year agreement with Ascend Elements to obtain up to 240,000 metric tons of sodium sulfate per year. The company has also expanded its partnership with K+S Minerals and Agriculture to sell potassium sulfate and purchase potassium chloride. The investment in the Hopkinsville plant is estimated at SEK 1 billion and will be financed through internal cash flow, loans, and potential investment grants. The company is also in talks with a regional power supplier to secure fossil-free electricity.

Cinis Fertilizer enters US market with largest facility in Kentucky; partners with Ascend Elements and K+S for sodium sulfate supply

California-based company BioConsortia is expanding into Brazil to bring its microbial bio-control products and nitrogen-fixing technology to the country. The company has begun registering its seed-applied products and has made key appointments to support its expansion. BioConsortia sees potential for growth in Brazil, where the adoption of biological products has increased over the past decade, particularly in key crops such as soybeans, corn, sugar cane, and cotton. The company has also made efforts to expand into Brazil through partnerships and financing rounds. BioConsortia has partnered with the Mosaic Company to develop nitrogen-fixing microbial solutions for row crops in Brazil.

BioConsortia expands into Brazil with microbial bio-control products and nitrogen-fixing technology

Nestlé UK & Ireland and Cargill have launched a two-year pilot project to explore the use of cocoa shells from a confectionery factory in York as a low-carbon fertilizer. If successful, the project could produce up to 7,000 tons of low-carbon fertilizer for Nestlé's UK wheat supply chain. Cargill will supply the cocoa shells, which will be processed by CCm Technologies. Trials will be conducted on arable farms in Suffolk and Northamptonshire, supervised by Fera Science. The fertilizer's impact on wheat yield, quality, soil biodiversity, and greenhouse gas emissions will be compared to conventional products. This project aligns with Nestlé's sustainability goals.

Nestlé, Cargill, and CCm Technologies partner for project converting cocoa shells into low-carbon fertilizer

Swedish company Cinis Fertilizer has signed a long-term agreement with K+S Minerals and Agriculture for the purchase and delivery of potassium chloride. This is for Cinis Fertilizer's first two production facilities in Sweden, which will convert industrial waste into sulfate of potash (SOP) fertilizer. The first plant is expected to produce 100,000 tons of potassium sulfate per year from 2024, while the second plant will have a production capacity of 200,000 tons and is scheduled to start production in 2025. Cinis Fertilizer has also secured partnerships with BASF for sodium sulfate deliveries and has received environmental and building permits for its plants.

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