Viewpoint: Moving to cleaner and more efficient power on the MSU campus | Fertilizer Granulating Machine

This business model has great potential— the market for fertilizer is three times larger than that for crop protection or seed individually and given the increase in consumer awareness of the health implications of synthetic chemicals, the organic lawn and garden products market is growing rapidly. In 2017, the organic fertilizers’ market was valued at $6.3 billion with a projected CAGR of 12%. 

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Sirius’ first exploration programme ran from 2011 to 2013 which resulted in the identification of the 2.6bn tonne resource. With construction beginning in early 2017, Sirius has targeted production of the first polyhalite towards the end of 2021 and an initial 10mn tonne per annum operation by 2024. For the immediate future, Fraser notes that the company’s attention is entirely focused on completing the remaining financing required to build the project. “Construction is well underway and we’re coming toward the end of our second year of our construction schedule,” says Fraser. “Now we look at stage two of our financing, which is our senior debt financing. That is concluding early next year and involves finalising our project procurement, signing and securing our delivery partners on the project. These include DMC, Strabag, Jacobs and our market partnerships with our customers, with whom we have already secured aggregate peak take or pay sales of 8.2mn tonnes per annum.”

Garden centers and nurseries sell numerous special-purpose fertilizers. There’s rose and flower food, vegetable food, fruit tree fertilizer, tomato food, citrus fertilizer, orchid food and lawn fertilizer … the list goes on.

Destructive by its very nature, the mining industry is one that requires an incredible focus and understanding of the impact that a project has, and can have, on the environment. For many mining operators, getting this one element right is key to achieving any form of success. Get it wrong and the results can be catastrophic.

According to the FAOSTAT, nitrogen is the most produced nutrient across the globe, occupying over 52% of the total fertilizers produced in 2016, and iron is the most widely used catalyst for ammonia production. Also, sulfuric acid production is highly dependent on vanadium for its catalytic activity. Iron catalysts are available at a low cost of approximately USD 900-1,000 per ton, according to industry experts, which is almost 10-20 times cheaper than precious metals such as platinum and palladium. Hence, base metals are majorly preferred among fertilizer manufacturers for their production processes.

The majority of S in soil is present in organic forms (requires mineralization to become plant available) in surface soils and as sulfate (SO42-), an inorganic form and plant available. Sulfate is relatively soluble, so it tends to leach down from the surface soil into the subsoil. In many of our Kansas soils it will accumulate in the B horizon (subsoil) in two forms:

The global controlled release fertilizer market is classified by type, application and geography. In term of product type, the market is broadly classified into Chemical Condensation Products, Coated and Encapsulated Fertilizers, Nitrogen Stabilizers and others. By application, the usage of fertilizers is explained based on crops and non-crops. Crop based application in fruits and vegetables is reported to be more for the industry.North America is the largest market for controlled release fertilizer products which is then followed by Europe and Asia-Pacific. Due to increased demand for food and shortage of arable land, Asia-Pacific region would grow at the highest CAGR. Country wise, United States and China are the largest markets for this fertilizer.

COMPO EXPERT GmbH, with headquarters in Münster in the German region of Westphalia, is an international company with locations in Europe, North and South America, Asia and South Africa. The Company produces and sells special fertilizers and biostimulants for all areas of plant cultivation. COMPO EXPERT offers a broad range of high quality, innovative special fertilizers for commercial use. Its product range includes innovative slow-release fertilizers, special mineral fertilizers, coated fertilizers, nutrient salts, liquid fertilizers, trace nutrients and soil treatments, and crop protection products. With those products, COMPO EXPERT is a market leader in Europe. COMPO EXPERT was acquired in 2015 by XIO Group, a global alternative investments company, and now has more than 600 employees. For more information, visit: http://www.compo-expert.com .

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

“That was choice number one, and that meant that our carbon footprint reduced massively as a project,” says Fraser. “It also meant that we didn’t have to have a massive chemical process plant nearby consuming huge amounts of gas and water.”