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With a million-dollar investment, Paraná enters into a partnership to build the first nanofertilizer factory in Brazil.
Governor Carlos Massa Ratinho Junior participated, on February 21, in Campina Grande do Sul, in the Metropolitan Region of Curitiba, in the laying of the cornerstone of the first new factory of nanofertilizers in Brazil. This project is an important milestone for the national agricultural industry, with an initial investment of US$ 12 million (approximately R$ 66 million). The investment also includes an advanced research and development center, demonstrating the commitment to innovation in the sector.
Partnership with India
One new factory of nanofertilizers was conceived by Nanoventions Brasil, which is part of the Indian Farmers Fertilizer Cooperative group, the largest agricultural cooperative in India and one of the largest in the world.
After negotiations with local businesspeople, who became partners of Nanoventions Brasil, Indian Farmers chose Paraná as its first destination outside the Asian country for this international expansion project.
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The production of nanofertilizers in Paraná soil should reduce dependence on agricultural inputs that are currently imported by state producers and the rest of Brazil.
Nanofertilizer technology, developed by Indians after eight years of research and investments of US$200 million, represents a significant advance in relation to traditional fertilizers.
Nanofertilizers are more efficient and can therefore reduce costs for farmers, reduce waste of inputs and minimize environmental impacts.
Infrastructure and production capacity of the new factory
The infrastructure of the new factory should be ready in October, in an agile construction project.
A production line will be installed with equipment that will be shipped ready for assembly directly from Indian Farmers headquarters in India.
The production capacity of the new factory is estimated at 5 million liters of nanofertilizers per year, but Nanoventions Brasil plans to achieve this potential in just five years of operation.
Job creation at the new factory and economic projections
It is expected that, by 2029, the operation of the new factory It should generate around 150 direct jobs and 450 indirect jobs, with gross revenue projected at R$225 million per year from the fifth year of operation.
The State Secretary of Finance, Norberto Ortigara, who was present at the event, highlighted the relevance of the achievement for Paraná farmers.
“Paraná is an important player in this global food market and nanofertilizers reduce production costs and increase productivity. Therefore, we are treating this negotiation with Indian Farmers with care, offering state benefits that will soon result in the advancement of our agriculture through innovation,” he commented.
Choosing Paraná for installation
Nanoventions Brasil founding partner Fausto José Caron explained that the company evaluated six states in the South, Southeast and Central-West regions for the installation of the new factory.
Paraná stood out for several conditions suitable for the growth of the business model.
“We negotiated with several states, but Paraná stood out for having a very well-structured tax benefit program, a infrastructure robust, with emphasis on the road network and the Port of Paranaguá, and a government team that served us very well from the beginning”, reported Caron.
Nanofertilizer Technology and its Impact
The program recommended by Caron is Paraná Competitivo, coordinated by Invest Paraná, the State Government's Investment Attraction Agency.
The attraction of client foreigners to Paraná is the result of international missions promoted by Invest Paraná. It was through one of these partnerships that the Indo-Brazilian Chamber of Commerce recommended Nanoventions Brasil to Invest Paraná.
Nanofertilizers use particles on a nanometric scale, ensuring greater efficiency in the absorption and use of nutrients.
This technology, widely used in India, revolutionized agricultural production and will now be applied in Paraná.
Would you like to know about the applicability of this technology?
The installation of this nanofertilizer factory is very good and timely, as it will further boost agriculture in our state and reduce our country's dependence on fertilizers, in addition to reducing import costs...
PR already has a Microxisto and Prime factory making nanofertilizers for years lol