Yara has announced the acquisition of Ecolan Oy, a Finnish producer of recycled fertilisers. This is Yara’s first acquisition in the organic fertiliser segment and reflects their commitment to playing a bigger role in organic farming and contributing to the circular economy.
Yara works closely with partners throughout the food value chain to make food production more efficient and sustainable, leveraging crop nutrition solutions and digital tools to help improve nutrient management practices and land use efficiency for all farming methods, including organic farming.
“By expanding our offerings into the growing organic farming segment in Europe, we can help improve nutrient use efficiency in this segment by capitalising on our deep crop nutrition knowledge,” says Mónica Andrés, Executive Vice President for Yara Europe.
“Our core competence lies in managing nutrients in the most sustainable and efficient way, whether this is for organic farming or conventional farming. We want to be the leading partner for all farmers, regardless of which farming system they use.”
Ecolan utilises industrial side streams to produce high-quality fertilisers for agriculture and forestry.
“Ecolan is a Finnish front-runner in the circular economy,” says Timo Räsänen, Director for Specialty Products for the Nordic and Baltic countries at Yara. “We have had excellent cooperation during the past few years. Now, we can combine Yara’s and Ecolan’s knowledge and expertise to develop recycled fertilisers even further. With this acquisition, we will be able to also offer organic fertilisers to markets outside Finland.”
As a result of several years of research and development, Yara brought a new organic fertiliser line with a high nitrogen content, produced by Ecolan, to the Finnish market in 2019.
“Starting from small-scale production, Ecolan has grown into one of Finland’s leading circular economy industrial companies. Through Yara’s ownership, Ecolan’s expertise can offer immense value internationally as well,” says Vesa Lehtomäki, Chairman of the Board of Korona Invest, Ecolan’s majority owner.
Today, many organic waste streams are not being reused or recycled. Recovering nutrients from waste streams and bringing them back into agricultural production helps to reduce nutrient losses and contribute to a circular economy.
The circular economy has an important role to play in improving nutrient use efficiency and is one of Yara’s core areas of expertise. Through strategic partnerships with waste management and food companies, and by leveraging crop nutrition knowledge, Yara is working to find optimal ways to recycle nutrients that would otherwise end up as waste, before processing these to produce organic fertilisers. Together, Yara and Ecolan will make a significant positive difference towards a greener fertiliser industry.