Jan. 29, 2016
EuroChem Group AG and Agrinos AS recently signed an equity investment and agreed on two strategic collaborations.
The first of the multi-year strategic collaboration agreements was created so that Agrinos could market, distribute and sell its High Yield Technology products through EuroChem’s distribution network and market expertise. The second agreement has the two companies combining their areas of expertise in research and development of new solutions to develop new fertilizer products by integrating biological and chemical crop nutrition technologies.
“These agreements come as we seek to further expand EuroChem’s product portfolio with innovative specialty products and environmentally friendly crop enhancing solutions,” said Rudolf von Plettenberg, Head of Premium Products & Development at EuroChem. “We see this partnership with Agrinos as a major milestone in EuroChem’s strategic development.”
D. Ry Wagner, CEO of Agrinos, added: “This partnership enables us to build upon complementary strengths and to capitalize on the synergies between Agrinos’ biological crop input products and EuroChem’s diverse portfolio of fertilizers. EuroChem’s investment in Agrinos provides an exciting new platform for collaboration on the research and development of next generation microbial and crop nutrition products, as well as expanded distribution opportunities. Combined, we anticipate the multiple benefits of this partnership will add value for our customers and partners through improved crop productivity and sustainability.”
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