Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by Sugoioion Aug 24, 2021 10:30pm
259 Views
Post# 33759390

Sri Lanka allocates approx $240million can to import organic

Sri Lanka allocates approx $240million can to import organic
https://economynext.com/sri-lanka-allocates-3-8-bn-for-organic-fertilizer-purchase-set-to-import-nutrients-85405/

ECONOMYNEXT Sri Lankas cabinet of ministers has allocated 3.8 billion rupees to purchase organic fertilizer from local producers during the next Maha cultivation season, co-cabinet spokesman Ramesh Pathirana said on Tuesday (24). Pathirana, however, said the government will also be importing some organically derived nutrients like nitrogen, phosphorous, and potassium to enrich organic fertilizers. The amount of money allocated for the local purchase of this organic fertilizer would be 3.8 billion Sri Lankan rupees, Pathirana told the weekly cabinet briefing. We took another decision a few weeks ago in relation to the import of certain nutrients that are organically derived namely nitrogen, prosperous, and potassium. President Gotabaya Rajapaksas government has completely banned the use of chemical fertilizers from the next cultivation season. The government, which was spending around 400 million dollars to import mainly chemical fertilizers, has justified its decision saying that such chemicals have resulted in more Sri Lankans with non-communicable disease like chronic kidney disease and cancer. The government has also acknowledged that they have very low amounts of foreign exchange left for imports. Rajapaksa in the run-up to the November 2019 presidential election promised to provide fertilizer free of charge instead of a 50 kg fertilizer bag at a subsidized price of 350 rupees. Farmers and well as experts have asked the government to phase out the organic only policy. The Rajapaksa administration stubbornly refused to compromise on the decision despite pockets of protests by farmers who demanded chemical fertilizers in the last Yala cultivation season. Our priority is to procure whatever organic fertilizer required locally. That is the aim of the government. Pathirana said. But until we sufficiently produce that quantity in Sri Lanka, we might have to import a certain quantity of organic fertilizer nutrient enrichment from other countries, he said. (Colombo/Aug24/2021)
<< Previous
Bullboard Posts
Next >>