New urease inhibitor fertilizer company formed
Eco Agro Resources on May 20 issued a news release announcing the company’s formation and launch had occurred May 1, 2013. Eco Agro Resources is an agriculture and chemical producer and marketer of the “next generation of urease inhibitor and patent pending flagship product, N-Yield.”
David McKnight, CEO said, "Eco Agro Resources is made up of 30 team members with more than 100 years of agriculture and chemical experience. We have multiple lab and manufacturing locations with a home base in High Point, N.C. Our current chemical sales are projected to top $50 million annually, while our global presence and patent pending technologies continue to expand."
Contact with Ray Perkins, president of sales, resulted in the explanation that the newly formed company is a joint venture between two companies, and this new company is an offshoot of the Hongda Group (Hongda Chem USA). This new company has no connection to the former Chinese parent company, but the former connection is why the news release pointed out that the company is a “previous active ingredient supplier to leading urease inhibitor brands.
Perkins said, "Our flagship product, N-Yield is an environmentally friendly nitrogen inhibitor solution that is used to treat urea and UAN based fertilizers to improve the retention of nitrogen content in soil. N-Yield can be used to coat either urea granules or can be mixed with ammonium nitrate (UAN) solutions and offers several advantages over the current brands available."
N-Yield contains “a safe solvent system utilized to stabilize NBPT (n-butyl thiophosphoric triamide), that helps inhibit the conversion of urea to ammonia and carbon dioxide, resulting in greater efficiency.”
Eco Agro Resources also announced it is offering “a strategic limited distribution business model as well as co-branding opportunities” for its product(s).
- U.S. GMO labeling foes triple spending in first half of this year
- Source shows half of GMO research is independent
- Activists fighting Golden Rice even more in 2014
- White House issues veto threat on bill to block WOTUS rule
- How much corn can the ethanol industry use?
- East-West Seed signs marketing collaboration with Monsanto