IFFCO signs pact for export of nano liquid urea to the US, expanding global reach

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Leading fertilizer cooperative Indian Farmers Fertilizer Limited (IFCO) said on Thursday it has signed an agreement with California-based Kapur Enterprises to export liquid urea nanoparticles to the United States.

The agreement was signed on June 21 on the back of Prime Minister Narendra Modi’s visit to the US.

“Iveco has now begun exporting … liquid nano-urea to the United States,” the cooperative said in a statement.

However, IFFCO has not provided any details about the amount and value of the contract it has obtained from Kapoor Enterprises.

Currently, the cooperative is exporting more than 5 bottles of liquid nano-urea to more than 25 countries.

In June 2021, IFFCO launched the world’s first nano-urea fertilizerwhile nano-DAP in April this year.

A 500ml bottle of IFFCO nano urea liquid will replace at least one sachet of conventional urea. The cooperative said that the bottle can significantly reduce the cost of logistics and warehousing.

The company added that IFFCO has already sold more than Rs 5.7 crore liquid urea nano bottles in India since its inception in the commercial market.

Urea nanoparticles have been found to be effective and effective for plant nutrition. A report by the International Rice Research Institute (IRRI) said that India could reduce greenhouse gases (GHG) by 4.6 million tonnes of carbon dioxide equivalent, if the country brings 50 per cent of the rice area under urea nanoparticles according to the preliminary report by the regional station. for Lowland Rainfed Rice Research, Girwa (Assam) and IRRI-ISARC Experiments (Autumn 2021).

Another report by E&Y stated that “the greenhouse gas savings from using 5 bottles of urea nanoparticles are equivalent to one planted tree,” according to the statement.