Progressive Planet grows fertilizer revenues with reorder of fertilizer ingredient
by CM staff
This additional 96-tonne order continues to expand Progressive Planet's entry into the $60-Billion USD North American fertilizer and agrochemicals market.
KAMLOOPS — Progressive Planet, advances its strategy to become a global supplier of natural fertilizers, with a confirmed reorder from a major North American manufacturer of fertilizer.
On February 27, 2023, Progressive Planet announced it had received an initial 40-tonne order of its volcanic-derived fertilizer ingredient, swelling bentonite, used in popular sulphur bentonite fertilizers. This additional 96-tonne order continues to expand Progressive Planet’s entry into the $60-Billion USD North American fertilizer and agrochemicals market.
“Based on our historic customer-retention record, we were highly confident the initial fertilizer order would be the first of many,” said Progressive Planet, COO, Ian Grant. “Because the fertilizer ingredient is a mineral by-product from our established operations, each additional sale is important not only for building our fertilizer business, but also to boost margins of some of our branded products.”
“These branded products are an important piece of our growth strategy as they provide ready market access to many of the largest retail chains across North America for launching new, proprietary fertilizer products,” added Grant.
