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Be the first with the news that moves the market- EarthRenew (CSE:ERTH) is developing five new fertiliser pellet formulations, in collaboration with BiocharNow
- The companies have combined their respective fertiliser ingredients to produce new pelleted formats
- EarthRenew and BiocharNow plan to test the new formulations in field trial programs this spring
- The testing will occur in collaboration with Alberta-based research institutions, Olds College and Lethbride College
- EarthRenew (ERTH) is holding steady and is trading at C$0.09 per share
EarthRenew (CSE:ERTH) is developing five new fertiliser pellet formulations, in collaboration with BiocharNow.
Both companies produce organic products, which have served as ingredients for the new pelleted formats. EarthRenew converts livestock waste into a heat-treated manure input, called GrowER. The resulting fertiliser has a high organic matter content.
As its name suggests, BiocharNow manufactures biochar, a charcoal produced from plant matter. The product improves the retention of water and nutrients in soil.
The new fertiliser pellets incorporate EarthRenew’s GrowER, BiocharNow’s charcoal, and insect frass. Frass can refer to the fragile, porous wood remnants left by termites, or the excrement of insect larvae.
The resulting fertiliser pellets can enter the soil through air seeders or other traditional farming equipment.
EarthRenew and BiocharNow plan to test the new formulations in field trial programs this spring. The tests will take place in collaboration with Alberta-based research institutions, Olds College and Lethbridge College.
EarthRenew’s CEO, Keith Driver, commented on its new product formulations.
“We are pleased with our first run of the new blended fertiliser pellets, and look forward to seeing how they perform in the field.
“We believe that collaborating with innovative partners like BiocharNow helps EarthRenew develop unique blends of sustainable organic fertilizer that we anticipate will add value for our customers and benefit the environment,” he said.
BiocharNow’s CEO, James Gaspard, is also pleased with the collaboration.
“We are excited about this opportunity to incorporate biochar into a new EarthRenew product formulation and look forward to field trial results. It is a unique chance to offer our product in a new format,” he said.
EarthRenew (ERTH) is holding steady and is trading at C$0.09 per share at 10:15am EDT.
