Brazil' JBS to produce its own organic fertiliser
The investment marks JBS' debut in the agricultural inputs market
21 March 2022
1 minute read
JBS SA, the world's largest meat company, said on Friday it will start producing organic fertiliser using waste from its own facilities, reported Reuters.
JBS said in a statement that a unit located in Guaicara, in the interior of Sao Paulo state, will have the capacity to manufacture 150,000 tonnes of fertilizer products per year.
The initiative, announced as Brazilian farmers face a looming fertilizer crisis because the country relies on imports for most of its needs, required an initial investment of 134 million reais ($26.74 million), the company said.
Brazil relies on imports for about 85% of the fertilizer it consumes.
Russia, under Western sanctions for its invasion of Ukraine, is the South American nation's biggest supplier of the NPK mixture of nitrogen, phosphorus and potassium used to boost crop yields.
JBS said the investment marks its debut in the agricultural inputs market, adding that it will become the first Brazilian food producer to use waste generated from the company's own operations to manufacture fertilizer.
Source: Reuters
