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Microquimica Tradecorp invests US$1 million to upgrade biological product factory
Oct. 31, 2019
Microquimica （Tradecorp）
BrazilFollow
Brazil
Through an investment of US$1 million, Microquimica Tradecorp, a company that produces and sells biofertilizers, leaf fertilizers, inoculants, adjuvants and plant growth regulators, aims to upgrade its biological product factory, which has been operating since 2006 in the municipality of Monte Mor (SP).
The upgraded factory, which will have twice the production output of the current one, will enhance the company’s presence in the domestic market, with the possibility of exporting biological products to other countries from 2020.
“Initially, we can serve many Brazilian states that will benefit from our products,” said Rafael Leiria Nunes, Chief Operating Officer of Microquimica Tradecorp.
The company's organic products are highly effective and have gained market acceptance from customers in all grain-producing regions of Brazil. Currently, the company sells most of its products in the states of Mato Grosso, Sao Paulo and Paraná, which account for 33%, 14% and 9%, respectively.
“The new factory, which will have an approximate area of 1,000-square meters, will facilitate research and make it possible to manufacture new products that are currently outsourced, highlighting our potential,” Nunes added.
Since 2006, the company has the only Brazilian factory that produces amino acids used exclusively in agriculture to control the fermentation process.
Cutting-edge technology
As well as expanding and hiring labor, the new plant will also be fully-automated. “Let us take security to another level, not only for the well-being of our employees, but also for the final product, which will have unquestionable quality.”
Therefore, the company acquired new automatically-controlled fermenters, as well as software for its supervisory system, which will guarantee the production of quality biological products from start to finish that will soon be available in the market.
Positive conditions
The current conditions of the agricultural market will help ensure ongoing growth. Since 2010, Microquimica Tradecorp has been growing rapidly at over 15% per year.
“In 2019, we expect to earn at least 18% more income. Therefore, investing in this expansion is essential to meeting new market demands, increasing our participation in the biological market in Brazil, and exporting to foreign markets. The union between Microquimica and Tradecorp will help achieve these goals,” said Anderson Nora Ribeiro, Marketing Manager.
Source: AgroNews
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