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Ostara Nutrient Recovery Technologies Inc. Announces Strategic Financial Investment from Taurus Agricultural Marketing Inc.
Friday, November 23, 2018Company Profile | Follow Company
Vancouver, BC, November 23, 2018--(T-Net)--Ostara Nutrient Recovery Technologies Inc. (Ostara) has announced a new strategic financial investment from Taurus Agricultural Marketing, Inc.
The investment follows the recent signing of a long-term exclusive distribution agreement between Ostara and Taurus in which Taurus will market & sell Ostara's Crystal Green® phosphate fertilizer in Western Canada, Ontario, and Quebec.
Ostara's fertilizer technology, Crystal Green, is sustainably-sourced phosphorus, recovered using Ostara's patented nutrient recovery process. Studies show its Root-Activated™ release increases fertilizer efficiency, resulting in high-yielding economic benefits, while reducing risks of fertilizer leaching and run-off.
"There is an increasing interest from progressive agricultural producers for technologies that improve the bottom line and at the same time, enhance stewardship efforts. Responding to our growers needs, with our partnership with Ostara, we can revolutionize what nutrient management looks like, so we can pursue increased production and positively impact the environment in one product, Crystal Green," said Craig Davidson, President of Taurus. "Taurus' investment in Ostara is a testament to their team's adept ability for innovation and relentless pursuit of providing sustainable solutions to agriculture."
"Taurus is a team of changemakers and together, we will play a key role in shaping the future of crop nutrition, starting with Crystal Green," said Dan Parmar, President and CEO of Ostara. "We are thrilled that Taurus is expanding the reach of our nutrient technology. With their expertise and extensive network, and Ostara's reputation as a leader in sustainable phosphorus recovery, we are well-partnered for growth."
Long-term the investment lays the foundation for accelerating Ostara's market expansion supporting the demand for more premium grower-centric products, like Crystal Green, that offer an economic benefit and sustainable advantage.
Amounts and terms of the strategic investment have not been released.
About Ostara Nutrient Recovery Technologies Inc. & Crystal Green®:
Ostara helps growers and cities protect precious water and food resources by providing nutrient management solutions to farms, municipalities and industries. The company's Pearl® technology recovers phosphorus and nitrogen from industrial, agricultural, and municipal wastewater streams and transforms them into Crystal Green®, a premium, sustainable fertilizer. Crystal Green is the first fertilizer to release nutrients in response to plant demand. It's Root-Activated™ granule (5-28-0 with 10%Mg), sold globally to the turf and agriculture sectors, is proven to improve crop yields, enhance soil health and significantly reduce phosphorus tie-up, leaching, and runoff, improving food security while protecting local waterways from nutrient pollution. To learn more about how Ostara is closing the loop on phosphorus, visit www.ostara.com and www.crystalgreen.com.
About Taurus Agricultural Marketing Inc.:
Taurus Agricultural Marketing Inc. has been helping growers do what is best for their business operations since 2001 operating in Western Canada and more recently expanding efforts in the United States and overseas. Taurus has been bringing new technologies and advancements in crop production to advanced growers; earning the trust of the marketplace to be that conduit to ensure these advancements can have a positive economic benefit while increasing efficiencies that offer a new level of sustainability. To learn more about Taurus and their other exciting new technologies like Crystal Green, visit www.taurus.ag.
Media Contacts
Ostara Nutrient Recovery Technologies Inc.
Molly Biedenfeld
Vice President, Nutrient Market Development and Sales
(612) 834 8685
mbiedenfeld@ostara.com
Taurus Agricultural Marketing Inc.
Craig Davidson
President
(204) 761 5991
craig@taurus.ag
Company Snapshot |
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Ostara Nutrient Recovery Technologies
Vancouver (CleanTech & Energy)
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