NEW YORK, December 1, 2016 /PRNewswire/ --
A major factor of the farming and agriculture industry is Agrochemicals - a generic term for the various chemical products used in agriculture, such as a pesticides or fertilizers. In many countries the use Agrochemicals is regulated, and Government-issued permits for purchase and use of approved agrichemicals may be required. Yet, the Agrochemicals market is driven by a strong global demand for fertilizers. According to a research report published by Research and Markets, the fertilizer market is estimated to reach $152 billion by 2020. Canadian Zeolite Corp. (OTC: CNZCF) (TSX-V: CNZ.V), Monsanto Company (NYSE: MON), Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), Potash Corporation of Saskatchewan (NYSE: POT)
A fertilizer is any material of natural or synthetic origin that is applied in agriculture and meant to supply plants with essential nutrients. Fertilizers improve growth, yield and quality of the plant. The research indicated that the fertilizers market is broken into organic fertilizers, inorganic fertilizers and bio fertilizers. Among these, inorganic fertilizers are the most commonly used, yet bio fertilizers are growing with a high rate due to its environmental friendly nature.
Canadian Zeolite Corp. (OTCQB: CNZCF) (TSX-V: CNZ.V) is an environmentally friendly Green Tech business, with a focus on exploration, development and production of the industrial mineral zeolite. The mineral is a naturally occurring mineral found in volcanic ash, and is beneficial to several industries thanks to its crystalline structure that makes it a natural filter. In the agricultural industry, the properties of zeolite are beneficial for use in odor and moisture control, animal feed supplements, zeoponics for greenhouse growing mediums and high-value outdoor zeolitic fertilizers.
Just this morning Canadian Zeolite Corp. reported that, "the Canadian Food Inspection Agency (CFIA) has approved the Company's Bromley Creek natural zeolite as an animal feed additive. The approved product Z-Lite and the product label have been approved under registration #991198. The premium clinoptilolite formula has been approved as an additive of up to 2% of the finished feed.
The Animal Nutrition Association of Canada (ANAC) reports that the Canadian animal feed production is just over 30 million tonnes annually. Some of the documented benefits include: healthier animals, increased weight gain, odour and moisture control, decreased methane gas and reduced mortality."
"This is a major achievement and milestone for Canadian Zeolite and its shareholders, as it allows the Company to begin shipping its natural zeolite to waiting customers across Canada," stated CEO Ray Paquette. "The Company's natural zeolite has also been submitted for certification for the animal feed market in the United States for their state to state registration. In addition, we are making an application for Organic Certification to the Organic Material Review Institute (OMRI)."
Monsanto Company (NYSE: MON) along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and precision agriculture tools to farmers. The subsidiary company of Monsanto, The Climate Corporation, has recently acquired a European farm management software company, VitalFields. The VitalFields team will now join The Climate Corporation, strengthening the company's efforts to deliver industry-leading digital technologies to farmers around the world. These technologies can highly beneficial. With a GPS-enabled auto-steer for example, growers don't have to worry about human error in applications. GPS allows farmers to apply fertilizers at variable rates based on soil test data collected from the fields in previous years.
Agrium Inc. (NYSE: AGU) is a producer and distributor of agricultural products and services, and it operates in two segments - the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in North America and internationally. The Wholesale business unit produces, distributes crop nutrients and industrial products through businesses, including Nitrogen, which includes manufacturing in Alberta, Texas and Argentina. The company offers a wide range of fertilizers. Through our Wholesale unit, it produces and markets nitrogen, phosphate, potash and sulfate-based crop nutrients.
CF Industries Holdings, Inc. (NYSE: CF) is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company's nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution and ammonium nitrate. Its other nitrogen products include diesel exhaust fluid, urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products. The Company's ammonia segment produces anhydrous ammonia, which is the concentrated nitrogen fertilizer product as it contains 82% nitrogen.
Potash Corporation of Saskatchewan (NYSE: POT) is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The company's nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. The potash, phosphate and nitrogen products help provide the primary nutrients that crops need. They are also used to make livestock feeds.
For "The Latest Buzz in Financial News", SIGN UP & Visit: http://www.FinancialBuzz.com
Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.
For further information:
Media Contact: email@example.com, +1-877-601-1879