Ag startup Anuvia Plant Nutrients has found a home to launch increased commercial production as well as a new equity stakeholder. And they found both in the same mainstream fertilizer company—The Mosaic Company.
Anvuia is retrofitting the idled Mosaic phosphate facility in Plant City, Fla., to become its first full-scale production plant. For the past three years, Anuvia was developing its product at a facility in Zellwood, Fla., with a maximum capacity of 80,000 tons annually. The new project will increase capacity to 1.2 million tons.
“Because this is a granulation facility, we are able to bolt-on our technology on the front end,” says Amy Yoder, Anuvia Plant Nutrients. “We’ve expecting our first production to be ready in second quarter of 2020.”
Anuvia has existing ag retail partners including Nutrien, Southern States, Wedgeworth’s, GFG Ag Services, and others.
With the expanded capacity as well as logistics the new facility offers, the company is targeting further expansion in the corn belt.
“Before today, there was a question about supply and availability for our product,” explains Hugh MacGillivray with Anuvia. “Now we have access to mainline rail and hugely increased capacities. This allows us to supply a meaningful quantity of product for enhanced efficiency, slow release crop nutrition with the soil health and environmental benefits.”
Anvuia has two products: SymTRX for agricultural applications and GreenTRX for turf.
Its products are made using a patented proprietary process that transforms reclaimed organic matter into high-performance plant nutrients.
Yoder says the company’s sales will be 90% into the ag market. Typical ag applications range from 100 to 200 lb per acre, depending on fertility needs.
In addition to a long-term lease agreement, Mosaic has also taken an equity position and invested in Anuvia.
“Mosaic has been looking to partner with successful, innovative companies and this arrangement which includes an equity position is an excellent fit for us,” Walt Precourt, Mosaic Senior Vice President, Strategy and Growth said in a news release. “Both companies are committed to operating safely and sustainably while providing customers with high quality crop nutrient solutions. We look forward to exploring opportunities to further expand our relationship.”