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ST. LOUIS, Mo. – Agrotain International has signed a letter of intent with Ballance Agri-Nutrients to be the appointed urea producer in New Zealand to manufacture Agrotain-treated urea. Adding Agrotain to either urea or urea ammonium nitrate (UAN) produces what the company calls a StabalizedNitrogen™ product, which is meant to prevent nitrogen loss from volatilization.
“We are excited to have the opportunity to partner our Agrotain technology with the world production and marketing capabilities of Ballance Agri-Nutrients,” says Michael Stegmann, president of Agrotain. “We believe the market in New Zealand is very sophisticated and ready to embrace these products.”
| OTHER NEWS FROM AGROTIAN |
Agrotain has plans to introduce their 'Nitrogen Cycle' at the Green Industry Expo. Read the full article here: Vroom! Agrotain to Introduce Nitrogen Cycle at GIE 8/15/2005
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The agreement reflects Agrotain International’s plan to partner with Urea and UAN producers and channel distributors outside of the United States.
“We are excited to partner with Agrotain International to manufacture StabalizedNitrogen,” says Peter Mourits, head of business development for Ballance Agri-Nutrients in Tauranga, New Zealand. “This is important technology and we are pleased to be able to help bring it to our customers in this market."
Agrotain International manufactures and markets nitrogen fertilizers containing Agrotain, a patented nitrogen stabilizer that reduces urea and urea ammonium nitrate losses in agricultural and turf and ornamental market segments. Ballance Agri-Nutrients has three phosphate manufacturing plants in New Zealand where raw materials from around the world are further processed into products tailored to New Zealand’s farming environment. Ballance also operates New Zealand's only ammonia urea plant. Substantially upgraded in 1997, the former Petrochem plant in Taranaki is now achieving world-class efficiencies, with the competitive production of Nrich Urea.