Sign up USA
Proactive Investors - Run By Investors For Investors

Verde Agritech outlines benefits of its Supergreensand fertiliser as it joins Bonsucro

Bonsucro is an international non-profit organisation of over 480 members..
Verde Agritech outlines benefits of its Supergreensand fertiliser as it joins Bonsucro
Pictured is a field of sugarcane

Verde Agritech PLC (TSE:NPK) says its flagship Super Greensand fertiliser has great benefits for the sugarcane industry because it is free from chloride, as it also revealed the Toronto-listed firm had joined Bonsucro.

The latter is an international non-profit organization of over 480 members, dedicated to improving sustainable sugarcane.

READ THE BIG PIC: Verde Agritech looks to shift the dial for farmers and food consumers with Super Greensand

As reported previously, Super Greensand contains 70 elements and trace minerals including potash, potassium, magnesium, manganese and plant-available silicon but does not contain chloride.

Chloride is harmful across the sugar production chain as it harms the development of sugarcane roots and kills beneficial soil microorganisms, said Verde Agritech.

In terms of farming, it also catalyses aggressive corrosion of machinery, leading to its early replacement.

KCl, otherwise known as potassium chloride, is the most commonly used potash fertiliser and contains 52.6% potash and 47.4% chloride.

Producers often use 250kg of KCl per hectare per year on sugarcane fields.

In Brazil, around 9mln hectares are cultivated with sugarcane, said the firm, so one can estimate that Brazilian sugarcane-covered soils receive 1.07mln tons of chloride every year due to potassium chloride use.

Meanwhile, points out Verde Agritech, toxic chemicals dioxins and furans, which have carcinogenic effects, are formed by burning the sugarcane biomass left over from the juicing process.

"Biomass burning is one of the main sources of toxic gases, particulate matter and greenhouse gases on the planet. One of the gases released by this burning is chlorine. If the residue has chlorine in its composition, it may result in the formation of HCl, dioxins and furans," the company said it a detailed regulatory statement today.

There is another benefit of using Verde's product too in the sugarcane world..

Super Greensand can be used to enrich sugarcane filter cake, which is the accumulated residue from cane juice filtration.

READ: Verde Agritech welcomes large repeat order for its Super Greensand

For each ton of ground cane, about 25kg of filter cake is produced, so about 90mln tons of filter cake is produced each year in Brazil.

"Filter cake can pollute soil and water, and in some sugar factories, it is considered a waste that requires special disposal. Some producers, however, are now recycling this residue as a fertilizer or adding it to composting processes," said Verde.

"By mixing Super Greensand to the filter cake, it becomes enriched with nutrients, helps hold adequate moisture during the composting process and absorbs ammonia that increases the compost nitrogen content. Consequently, the addition of Super Greensand boosts the sustainability of sugarcane filter cake, rendering it a useful byproduct rather than a hazardous waste."

Cristiano Veloso, the president and chief executive of Verde Agritech, said on Wednesday: "It is an honour to receive a Bonsucro membership.

"Super Greensand brings several solutions to the 21st Century challenges in sustainable sugarcane production.

“In Brazil alone, Bonsucro certified mills have the potential to consume about 1 million tons of Super Greensand as they migrate from conventional potash salt source to our sustainable product. We are eager to help the environment by serving this important market."

Shares in Verde Agritech gained over 7% to C$0.90 each.

View full NPK profile View Profile

Verde Agritech PLC Timeline

Related Articles

1535033582_lithium-periodic-11.jpg
August 23 2018
American Manganese is blazing a trail in the recovery of metals from scrap cathode material rejected by battery manufacturers
map showing Cobalt belt in East Ontario with projects marked
August 14 2018
A historical 8-tonne bulk sample from the Mulligan project averaged 10% cobalt grade.
mine
August 01 2018
Tungsten prices are on the rise and construction is proceeding apace at Barruecopardo

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use