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Upcycled fertiliser producer eyes expansion amid energy crisis

The clean-tech start-up is rolling out unique patented technology which removes micronutrients such as for example zinc, manganese, sulphur and copper from recycled alkaline batteries along with other industrial side streams. These micronutrients are then used to produce a selection of organic fertilisers approved accessible in the EU, UK, THE UNITED STATES and Australia.

Tracegrow claims these fertilisers are which can reduce carbon emissions in comparison to mining path of virgin metals and traditional alkaline battery disposal methods and enhance crop productivity in comparison to traditional methods. Circular economy products, it adds, take advantage of unused industrial sides streams and potentially hazardous waste of untreated used alkaline batteries.

The fertilisers already are obtainable in 15 markets. Because of fresh funds from Nordic Foodtech VC, which spend money on early-stage companies looking to radically renew the meals system, Tracegrow is currently looking to expand in new markets.

Giving a fresh life to used products

“We’ve proven results in the 15 countries we currently operate. Our aim would be to start ramping up our operations which investment is supporting that,”Tracegrow CEO Mikko Joensuu told FoodNavigator.

Nordic Foodtech VC is bringing insight, knowledge and networks from the meals system to your company, he explained. Together we see great potential in assisting primary production in transition towards more ecological and productive future.

Europes fertiliser crisis may assist the companys plans, he added. Fertilisers need huge amounts of energy to be produced. Record-high gas prices they will have surged almost 40% in August and nearly 300% this season on a variety of the war in major grains producer Ukraine and sanctions on fertiliser producer Russia reports Reuters are therefore forcing the world’s largest fertiliser makers to cut output.

Norway-based Yara, which includes warned the planet now faces an extreme food supply shock, is cutting production of ammonia needed in the manufacturing of fertiliser. The UKs CF Fertilisers in addition has announced its intention to temporarily halt ammonia production at its Billingham Complex. The business has recently shuttered one plant in Cheshire.

With farmers now forced to import more costly fertilizer and ammonia from outside Europe, an obvious benefit for Tracegrow is that its products could be grown regionally, said Joensuu. “The existing situation isn’t nice for those who,”he told us. “Nonetheless it has opened discussion about regional production and [the need for] sustainable products in a circular economy. Since we do produce fertilizers regionally, we’re less suffering from logistics challenges. And we have been not suffering from global fuel costs going up just as much because we’ve regional feedstocks. Our raw material is more stable.

Overall, Tracegrows upcycled micronutrients have a had an increased price point compared to the traditional ones. But this season the costs are crazy and there’s not that a lot of an improvement. The pricing isn’t the primary issue any longer it’s more about availability this season.

In addition to having EU approval, Tracegrow’s products are actually also separately confirmed to meet up certain requirements for organic input in Germany, Austria, holland and Croatia. Our challenge right now isn’t being locally present everywhere, said the CEO. Our next thing would be to start scaling up. You want to become more of a regional player in the big countries.

A ground-breaking manufacturing process

Tracegrows’ first production plant in Finland can process around 5 million litres annually. It further has a super high yield of 90% near double the efficiency in comparison to traditional battery disposal methods with a yield of 50%.

The reduced emission process has benefits such as for example no wastewater, because the process has closed-loop water system no flue gases, as you can find no industrial chimneys at the plant. Addititionally there is minimal energy consumption because the processworks at room temperature.

The procedure brings other advantages, we were told. Profits on return is actually good because the micronutrients we make come in liquid form. When spread onto it all switches into the plants and there’s extremely high efficacy. In addition the true beaty is that people process it in a clean way. We’ve food-value chain safe product.

Tracegrow is really a true circular economy champion, added Mika Kukkurainen, partner and co-founder of Nordic Foodtech VC. Reuse of non-renewable natural resources is essential for all those. Tracegrows magic sounding technology enables true circular economy and remarkable global potential.

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