Fertilizer
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X @Bloomberg
Bloomberg· 2025-07-14 08:25
Business Expansion - Africa's richest person is initiating a seaport project near fertilizer and oil refinery plants [1] - The seaport aims to facilitate easier export of goods [1] - The project supports the rapid growth of the industrial empire [1]
X @Bloomberg
Bloomberg· 2025-07-10 12:06
Production Capacity - Dangote Group plans to more than double the output capacity of its fertilizer plant [1] Export Strategy - The company aims to export fertilizer to other African nations [1]
Bion Announces Third Organic Fertilizer Offtake Commitment
Globenewswire· 2025-07-08 12:55
Core Insights - Bion Environmental Technologies, Inc. announced a new offtake Letter of Interest (LOI) for 100,000 gallons of its advanced organic and low-carbon nitrogen fertilizer [1] - The fertilizer is an OMRI Listed 10-0-0 Liquid AB, which is an organic nitrogen fertilizer derived from ammonia produced during biogas generation [2] - The LOI is with a large U.S. agribusiness, with pricing set at $7.00 per pound of nitrogen, totaling approximately 84,000 pounds of nitrogen in the 100,000 gallons [3] Offtake Agreements - This LOI marks the third agreement facilitated by Philo Consulting, contributing to a total of 250,000 gallons of offtake commitments, with an initial goal of 300,000 - 500,000 gallons for delivery in 2026 [4] - Bion is actively seeking additional offtake commitments from distributors and growers, and has begun producing and shipping a second round of AB samples [4] Production and Supply Strategy - The offtakes are non-binding until specific supply projects are identified and developed, with Bion evaluating several dozen potential supply partners and projects [5] - The company is focused on producing initial supply in 2026 and is exploring various opportunities across agriculture and industrial sectors [5] Market Potential - The CEO of Bion highlighted the growing interest in advanced organic nitrogen fertilizers, noting that organic production is the fastest-growing segment of U.S. agriculture [6] - The company’s patented Ammonia Recovery System (ARS) aligns with global trends towards circular economy models and aims to reduce environmental impacts while improving agricultural efficiency [6]
