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Verde’s CEO urges oil giant Shell to fight climate change

Fertilizer group Verde Agritech PLC (TSE:NPK, OTCQB:AMHPF) produces a chloride-free product used to protect sugar cane crops and founder Cristiano Veloso is passionate about it one day completely replacing current methods. While admitting traditional sugar cane fertiliser use is both legal and sanctioned by the Brazilian government, Veloso tells Proactive London how the appetite for a greener, more environmentally-friendly fertiliser is growing, particularly in his home country, Brazil. Veloso hopes to change hearts and minds and put a stop to 'out of date' pesticide practice, making the case for Verde Agritech's chloride-free alternative and encouraging large scale users like oil-giant Shell (which derives ethanol from sugar cane) to make the switch and fight climate change by improving crop nutrition.

Quick facts: Verde AgriTech Plc

Price: 0.58 CAD

TSX:NPK
Market: TSX
Market Cap: $27.22 m
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Verde AgriTech pushes greener potash saying farming must change

Brazil-based Verde AgriTech (TSE:NPK) (OTCMKTS:AMHPF), a multi-nutrient potassium fertilizer producer is up in arms about what it sees as out of date farming methods but moreover, is passionate about bringing nutrient-rich foods to the consumer. There's no doubt that established farming methods...

on 9/1/20

2 min read