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Progressive Planet Reduces Fertilizer Use by 50% with New, Proprietary Fertilizer

Progressive Planet Reduces Fertilizer Use by 50% with New, Proprietary Fertilizer Canad...

articleProgressive Planet Solutions Inc.June 1, 20234/company/progressive-planet-solutions-inc/news/progressive-planet-reduces-fertilizer-use-by-50percent-with-new-proprietary-fertilizer
Progressive Planet Reduces Fertilizer Use by 50% with New, Proprietary Fertilizer

About this update from Progressive Planet Solutions Inc.

[{"type":"text","content":"\n \n \n \n Progressive Planet Reduces Fertilizer Use by 50% with New, Proprietary Fertilizer\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 CARBON\n \n PK™ was applied on 617 acres this spring across\n \n Western Canada\n \n \n \n \n \n \n KAMLOOPS, BC\n \n \n ,\n \n \n June 1, 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, delivers to market its first proprietary, natural fertilizer under the brand\n \n CARBON\n \n PK.\n \n \n \n \n \n \n \n \n \n An initial production run of the Company's proprietary blend of natural forms of fertilizer inputs and additives has been sold and applied onto 617 acres in\n \n Western Canada\n \n .\n \n CARBON\n \n PK was applied at a rate 50% less than the typical rate of conventional chemical fertilizer per acre, aligning with the\n \n Canadian Federal Government's national target to reduce greenhouse gas emissions from fertilizer application by 30% by 2030\n \n .\n \n \n \n CARBON\n \n PK was developed under the\n \n joint development agreements announced on\n \n December 8, 2022\n \n \n , and is the first of three natural fertilizers to be sold commercially under the agreements. The three wholly owned fertilizers, at varying stages of development, are designed to reduce the carbon footprint of the\n \n $60 Billion\n \n agrochemicals industry and rebuild soil, so it is better able to store CO\n \n 2\n \n and grow food for our rising population.\n \n \n In addition to being applied to 617 acres,\n \n CARBON\n \n PK is undergoing greenhouse grow trials on four crops: wheat, canola, barley, and hemp. These four crops, according to\n \n Statistics\n \n Canada\n \n \n , are projected to be seeded on more than 24 million hectares in\n \n Canada\n \n this year representing an addressable market for\n \n CARBON\n \n PK of more than\n \n $1 Billion\n \n .\...

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