摘要: |
A Canadian company that makes "green" fertilizer out of municipal treated water streams says it is increasing its investment in the St. Louis area. On November 3, 2020, Ostara Nutrients Recovery Technologies Inc. announced that it had agreed to buy a granulation facility and terminal on the Mississippi River in St. Louis from Bruce Oakley Inc. The two companies signed a letter of intent for the purchase of the assets. Ostara now plans to lease a property adjacent to the facility to manufacture its signature product, a fertilizer it markets under the name Crystal Green. Ostara, headquartered in Vancouver. British Columbia, began as a water treatment company 15 years ago. Its patented, proprietary technology, which it calls the Pearl process, recovers plant nutrients including phosphorus and nitrogen from industrial, agricultural and municipal treated water streams and turns them into granular fertilizers that, it claims, improve crop yields. The company says the fertilizer is activated by plant roots rather than water, making it more targeted and reducing the amount of waste and runoff. "We are transforming the commodi- ty market value chain and closing the loop on phosphorus for future generations," the company says on its website. |