Yara acquires the Finnish Ecolan to develop its organic fertilizer business

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Yara Suomi acquired Ecolan Oy, a Finnish recycled fertilizer producer. This is Yara’s first acquisition in the organic fertilizer segment and reflects our commitment to play a greater role in organic farming and to contribute to the circular economy.

Yara works closely with partners throughout the food value chain to make food production more efficient and sustainable. Their crop nutrition solutions and digital tools help improve nutrient management practices and land use efficiency for all farming methods, including organic farming.

“By expanding our offerings to the growing segment of organic farming in Europe, we can help improve the efficiency of nutrient utilization in this segment by capitalizing on our in-depth knowledge of crop nutrition,” said Mónica Andrés, Executive Vice President of Yara Europe.

“Our core competence lies in the management of nutrients in the most sustainable and efficient way, whether for organic farming or conventional farming. We want to be the first partner of all farmers, regardless of the farming system they use, ”she adds.

Ecolan uses industrial side streams to produce high quality fertilizers for agriculture and forestry.

“Ecolan is a Finnish leader in the circular economy. We have had a good cooperation over the past years and are now able to combine the knowledge and expertise of Yara and Ecolan to further develop the recycled fertilizers. With this acquisition, we will also be able to offer organic fertilizers in markets outside Finland, ”says Timo Räsänen, Specialty Products Director for the Nordic and Baltic countries at Yara.

Following several years of research and development, Yara launched in the Finnish market in 2019 a new range of organic fertilizers with high nitrogen content, produced by Ecolan.

“Starting from small-scale production, Ecolan has become, with the support of Korona Invest, one of the leading industrial companies in the circular economy in Finland. Owing to Yara’s ownership, Ecolan’s know-how can be used internationally, ”says Vesa Lehtomäki, Chairman of the Board of Korona Invest, majority shareholder of Ecolan.

Today, many organic waste streams are neither reused nor recycled. Recovering nutrients from waste streams and reintegrating them into agricultural production contributes to a circular economy and reduces nutrient losses. The European Green Deal encourages the development and promotion of circular business models and an increase in the share of agricultural land in the European Union in organic farming.

The circular economy has an important role to play in improving the efficiency of nutrient use, which is one of Yara’s main areas of expertise. Through our strategic partnerships with food and waste management companies, and by leveraging our knowledge of crop nutrition, Yara strives to find optimal ways to recycle nutrients that would otherwise end up as waste, then process them to produce organic fertilizers.

For more information:
Yara
yara.com

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