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More 10 Factories in Brazil! With Investments of R$ 250 Million, Agrion Fertilizers Will Build New Units in Minas Gerais, in Partnership with American Pegasus Capital Partners

Escrito por Ruth Rodrigues
Publicado em 29/08/2024 às 18:44
Agrion expande sua presença com R$ 250 Milhões em investimentos para construir 10 novas fábricas e desenvolver novos produtos.
Foto: Compre Rural
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Agrion Expands Its Presence with R$ 250 Million in Investments to Build 10 New Factories and Develop New Products.

A Agrion Specialty Fertilizers, based in Uberlândia, Triângulo Mineiro, celebrated a significant agreement with the American Pegasus Capital Partners. The agreement will secure an investment of approximately R$ 250 million over the coming years. This funding, enabled by the Global Fund for Coral Reefs, will be used for the construction of 10 new specialty fertilizer factories, as well as to strengthen the company’s working capital and develop new products.

Objective of Agrion’s Factory Expansion and New Projects

Currently, Agrion already has a plant in Tupaciguara, also in Triângulo Mineiro, in partnership with Companhia Bioenergética Aroeira.

This unit, inaugurated in December 2023, has the capacity to produce around 60,000 tons of fertilizers annually.

The fertilizer produced is derived from residues of sugarcane, such as vinasse and filter cake, and is sold to the plant, its suppliers, and the general market.

The new investment will allow Agrion to replicate the successful model of the Tupaciguara plant in 10 new locations.

The future factories will follow a circular economy format, optimize logistical costs, and create operational and commercial synergies, aligning with the principles of sustainability and efficiency.

Details of the Construction of the New Factories

According to Ernani Judice, CEO and founder of Agrion, the new factories will be built over the next five years.

Each unit requires an approximate investment of R$ 30 million. In addition to the funding received from the Global Fund for Coral Reefs, Agrion will seek to raise the additional necessary funds for financing the factories.

Construction for two of the new units, located in São Paulo, will begin in 2025.

In Minas Gerais, the plan includes advanced negotiations for the construction of two new factories, in addition to other projects with potential partners.

Judice mentioned that currently there are 10 mining groups testing Agrion’s products, which could become future sources of investment in new plants.

Regional Expansion and Product Development

In addition to Minas Gerais and São Paulo, Agrion intends to expand its operations to Goiás, Mato Grosso, and the Northeast region of Brazil.

The company’s goal is to build two units per year. Part of the investment will be allocated to the development of new product lines, such as biological inputs and foliar fertilizers.

Currently, Agrion produces slow-release organomineral fertilizers and liquid fertilizers from filtering sugarcane juice and vinasse.

The company is also advancing in adapting its plant for the production of foliar fertilizers and experimenting with biological products aimed at plant nutrition.

Judice emphasizes that Agrion aims to build more units with an integrated and sustainable approach, reducing environmental impact and increasing productivity.

The company targets opening 20 new factories in the next 10 years, following the circular economy model and focusing on innovation and efficiency.

Advances in Factories and Agrion’s Innovation

In addition to focusing on physical expansion and the development of new products, Agrion is committed to sustainability and innovation.

The circular economy model adopted in the new factories will allow for the efficient reuse of waste and minimize environmental impact.

The company is investing in technologies that promote waste reduction and increase efficiency in fertilizer production.

This approach not only aligns Agrion with best environmental practices but also positions the company as a leader in the specialty fertilizer sector, prepared to meet a growing demand for more sustainable and effective agricultural solutions.

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Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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