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Progressive Planet Continues to Grow Fertilizer Revenues with Reorder of Key Fertilizer Ingredient
Progressive Planet Continues to Grow Fertilizer Revenues with Reorder of Key Fertilizer Ingredien...
About this update from Progressive Planet Solutions Inc.
[{"type":"text","content":"\n \n \n \n Progressive Planet Continues to Grow Fertilizer Revenues with Reorder of Key Fertilizer Ingredient\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION IN THE\n \n USA\n \n /\n \n \n \n \n \n KAMLOOPS, BC\n \n \n ,\n \n \n May 25, 2023\n \n \n /CNW/ - Progressive Planet (TSXV: PLAN) (OTCQB: ASHXF)\n \n (\"Progressive Planet\", \"PLAN\", or the \"Company\")\n \n , a leader in developing CleanTech solutions for the planet, advances its strategy to become a global supplier of natural fertilizers, with a confirmed reorder from a major North American manufacturer of fertilizer.\n \n \n \n \n \n \n \n \n \n On\n \n February 27, 2023\n \n ,\n \n Progressive Planet announced it had received an initial 40-tonne order of its volcanic-derived fertilizer ingredient\n \n , swelling bentonite, used in popular sulphur bentonite fertilizers. This additional 96-tonne order continues to expand Progressive Planet's entry into the\n \n $60-Billion USD\n \n North American fertilizer and agrochemicals market.\n \n \n \"Based on our historic customer-retention record, we were highly confident the initial fertilizer order would be the first of many,\" said Progressive Planet COO\n \n Ian Grant\n \n . \"Because the fertilizer ingredient is a mineral by-product from our established operations, each additional sale is important not only for building our fertilizer business, but also to boost margins of some of our branded products.\"\n \n \n \"These branded products are an important piece of our growth strategy as they provide ready market access to many of the largest retail chains across\n \n North America\n \n for launching new, proprietary fertilizer products,\" added Grant.\n \n \n The dry-form fertilizer segment of the\n \n North America\n \n fertilizer market is expected to surpass\n \n $24-Billion USD\n \n in revenue by 2028, owing to the potential for easy storage and slow-release rate, which helps in efficiently feeding the crops for a longer time. Progressive Planet is aggressively...