Nutrien Ag Solutions Inc. has recently acquired the AgroScience assets of Suncor Energy in Calgary, Alberta. These assets include several patented and patent-pending technologies in the area of biocontrol. The acquisition is a strategic move by Nutrien to invest in biocontrol technologies through its Loveland Products business. The technology is designed for global use in the agriculture industry, with a focus on resistance management. Research and field trials have shown the technology to be competitive with traditional synthetic crop protection inputs in terms of efficacy, stability, and economic value.
Loveland Products, a proprietary products company under Nutrien Ag Solutions, is excited about the new technology and its potential to enhance its offerings. Casey McDaniel, vice president of Loveland Products, believes that as the biocontrol market grows, farmers will increasingly seek bio-based solutions that align with existing management practices and offer benefits in terms of yield, efficiency, and sustainability.
Nutrien plans to launch the new chlorine-based photosensitizer formulations in global markets by 2025, with submissions to the U.S. Environmental Protection Agency expected by 2026. These products will be marketed as part of the Loveland Products portfolio. The company views biologicals as essential tools for improving agricultural outcomes and aims to introduce more such offerings under the Loveland brand or partner brands in the future.
This acquisition represents a significant step forward in Nutrien’s commitment to innovation and sustainability in the agricultural sector.
In conclusion, Nutrien’s acquisition of AgroScience assets from Suncor Energy marks a significant investment in biocontrol technologies through its Loveland Products business unit. The technology is designed for global use in agriculture industry with a focus on resistance management and has shown to be competitive with traditional synthetic crop protection inputs in terms of efficacy, stability and economic value.
Nutrien plans to launch new chlorine-based photosensitizer formulations globally by 2025 with submissions to US EPA expected by 2026 as part of their portfolio marketing strategy.
Casey McDaniel believes that this move will align perfectly with existing management practices while offering benefits such as increased yield efficiency and sustainability which will increase demand for bio-based solutions among farmers.
This acquisition highlights Nutrien’s commitment towards innovation sustainability within agricultural sector .
