[2nd CRF production facility]

Nousbo Boosts Controlled Release Fertilizer Production with Facility Expansion, Aims to Double Output in 2024

2024.01.10.

▲ Nousbo’s second CRF production facility

Nousbo, a premier agriculture-focused technology company, proudly announces the successful expansion of its Controlled Release Fertilizer (CRF) production facility. This strategic move reaffirms Nousbo's commitment to meeting the growing demand for highly efficient fertilizers in both domestic and international markets, with a projected twofold increase in CRF production in 2024.

The completion of the second CRF production facility underscores Nousbo's dedication to providing cutting-edge solutions. CRF, renowned for its controlled nutrient release capability, plays a pivotal role in elevating crop yields while addressing environmental concerns.

In the context of global efforts to enhance fertilizer efficiency and mitigate environmental impacts, Controlled Release Fertilizers, with their regulated nutrient release speed, represent a significant advancement. Nousbo has carved a niche for itself, particularly in the production of Sigmoid-type CRFs tailored to specific crop growth curves.

Taking its innovation beyond borders, Nousbo is set to expand exports to Southeast Asia, South America, and North America. Leveraging its expertise in Sigmoid-type CRFs production, the company aims to contribute to agricultural advancements on a global scale.

Domestically, the adoption of CRFs in greenhouse cultivation is experiencing a notable uptick. The "Hi-Cote" series, designed to deliver a consistent nutrient supply aligned with crop growth stages, has gained significant traction among growers.

A Nousbo representative shared insights, stating, "With a heightened global interest in labor-saving and highly efficient coated fertilizers, the expansion of our CRF production facility is strategic. As of 2022, the facility's operational rate stands at approximately 120%, making this expansion timely. Anticipating increased orders for our controlled release fertilizers in 2023, we project a substantial uptick in production in 2024, translating into a significant expansion in sales related to CRFs."

Nousbo's commitment to enhancing CRFs production aligns seamlessly with the worldwide drive for sustainable agricultural practices and optimized resource utilization. The company's dedication to innovation and efficiency firmly establishes it as a key player in the dynamic landscape of precision agriculture.

▲ Nousbo’s Ulsan plant

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