Brazilian giant Amaggi to produce its bioinputs

The Brazilian multinational Amaggi revealed to AgroPages an investment of US$15 million to construct a new factory of its bioinputs.

The biofactory should be inaugurated in early 2024, with plans to meet domestic demand and the group's trading customers.

According to Pedro Valente, General Director of Agropecuária Maggi, the unit is already under construction, and production is expected to start ″for the planting of the next cotton crop.″

Pedro Valente, General Director of Agropecuária Maggi

According to him, the biofactory will produce bioinputs for all the crops the group currently produces.

″Currently, biological agents represent 9% of the total pesticides we use,″ Valente revealed.

Amaggi plans to increase consumption until 40% of the pesticides used are based on live microorganisms.

In the future, reveals the executive, the company will also start supplying bioinputs to rural producers who are its customers as ″multipliers, not manufacturers of new products.″

″It is something we have been betting on for seven years, and it is related to the sustainability of production,″ he pointed out.

Investment in biological products is yet another Amaggi initiative focused on business diversification.

In recent years, the group built two fertilizer mixing plants and inaugurated a biodiesel plant.

The Amaggi General Director said that the company is still evaluating the possibility of investing in corn ethanol, but "there is still no decision in this regard."

(Editing by Leonardo Gottems, reporter for AgroPages)

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