on AFYREN (EPA:ALAFY)
AFYREN and Terrial Renew Multi-Year Fertilizer Partnership
AFYREN and Terrial have renewed their strategic alliance through a new multi-year supply contract worth several tens of millions of euros. This partnership is pivotal in enhancing French agricultural sustainability and reducing reliance on international fertilizer markets.
AFYREN, known for its bio-based acids, also produces a potassium-rich fertilizer in France, which Terrial, a leading player in organic fertilizers, uses in its FORTI K+ line. This fertilizer supports a variety of crops, enhancing agricultural autonomy in different French regions.
The renewed contract marks a significant milestone, covering substantial volumes produced by the AFYREN NEOXY plant with Terrial holding exclusive marketing rights in France. This agreement aims to satisfy nearly a quarter of France's potassium sulfate needs, aligning with both companies' goals to bolster French agricultural sustainability.
R. H.
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