Saskatoon, Saskatchewan
September 17, 2003
Philom Bios Inc. of
Saskatoon, Saskatchewan and AGROTAIN International LLC of St.
Louis, Missouri, are pleased to announce that a Marketing
Agreement has been reached that transitions the responsibility
for distribution, sales and marketing of AGROTAIN® Nitrogen
Stabilizer in the Canadian marketplace to Philom Bios Inc.
AGROTAIN International LLC will continue to market AGROTAIN®
products within the turf, forestry, and livestock nutrient
management markets in Canada.
"We are very pleased with the opportunity to add AGROTAIN® to
our portfolio of products. We see AGROTAIN® as an excellent
compliment to our existing product line JumpStart®, TagTeam® and
N-Prove®," says Trevor Thiessen, Vice-President, Commercial
Operations with Philom Bios Inc. “Producers need to optimize
their investment in plant nutrients to realize incremental
profit gains,” says Thiessen. “Nitrogen stabilization technology
is a tool to accomplish this goal. AGROTAIN® reduces losses to
the environment and improves nitrogen use efficiency. This makes
for good economics and increased profit potential, but also
sound environmental stewardship.”
AGROTAIN® is used in surface applications of urea and UAN
solution to stop the nitrogen loss process called
volatilization. Research from around the world shows
surface-applied urea or UAN sources can lose up to 30 percent or
more nitrogen within 24 hours. AGROTAIN® stops nitrogen
volatilization for up to 14 days and reduces volatilization
losses for up to 28 days, protecting urea based formulations.
Research and grower experience with AGROTAIN® has also shown an
excellent fit for increasing seed and crop safety when used in
seed banded applications of urea and UAN. With the rapid
increase in adoption of direct seeding, growers are looking for
solutions to maximize their efficiencies around nutrient
management and seed placement.
"Philom Bios has a track record of successfully marketing
value-added products to Canadian farmers. We like their business
model of focussing on customer needs and believe that they are
the right company to move AGROTAIN® forward in the Canadian Ag
marketplace," says Norm Davy, Canadian Market Manager, with
AGROTAIN International LLC in Winnipeg, Manitoba. "The agreement
is good for both of us as we get a sales team with a proven
track record and Philom Bios gets a new product that expands
their line of products that improve nutrient use efficiency for
farmers."
-30-
Located in Saskatoon with over 55 employees in a wide range of
research, manufacturing, marketing and management positions,
Philom Bios is the leading Inoculant Company in Western Canada.
Philom Bios is the only Canadian-owned company with
high-performance inoculants serving the needs of Prairie
farmers. A Canadian controlled private corporation, Philom Bios
has a 20-year commitment to western farmers through a dynamic
partnership with distributors and leading retailers.
With headquarters in St. Louis Missouri, AGROTAIN International
LLC is a Global Leader in Nitrogen utilization products. A
wholly owned subsidiary of Lange-Stegmann Company with more than
70+ years leadership in the fertilizer industry; AGROTAIN
International LLC continues to grow its business globally with
current sales of AGROTAIN® products in over 30 countries
focusing on Agriculture, Turf, Forestry, Manure management, and
all other related markets.
|