HALF MOON BAY, CA, May 21 /CNW/ - EarthRenew, Inc. based here and Crop
Production Services, Inc. (CPS), a wholly-owned subsidiary of Agrium Inc.
(TSX, NYSE: AGU), Calgary, have entered into agreements for the licensing of
EarthRenew brands and the marketing and sale of EarthRenew Organic Matter
Fertilizer(TM) products exclusively by CPS in the Western United States.
Greeley, CO-based CPS is a leading provider of agricultural inputs and
services throughout the US.
The agreement provides for the sale of products from EarthRenew's current
operating facility in Strathmore, Alberta, Canada and the next seven
facilities to be constructed in the Western US for a total of eight. CPS will
sell EarthRenew's proprietary fertilizers into the organic, conventional and
turf and ornamental markets. EarthRenew products increase fertilizer
efficiencies, of either organic or synthetic nutrients, for improved crop
yields and productivity. The financial terms were not disclosed.
CPS General Manager Bob Duckworth commented: "In my 30 years in the
industry, I haven't seen products like EarthRenew's, which can improve soils
and enhance crop performance, including both conventional and organic."
Phil Mullins, CPS new products and marketing manager added: "These
products enable CPS to exclusively provide a new range of products and
services, which address current and coming regulatory and environmental issues
that are faced by the agricultural community."
Privately-held EarthRenew chief executive Christianne Carin said the
company, founded in 1999, chose CPS because of its retail strength and
in-the-field services focus.
"CPS has long-term established relationships in local agricultural
communities," she emphasized. "We look forward to working closely with CPS in
both research and market development to offer our products and the benefits
they represent to growers across the Western US."
EarthRenew has developed, patented and implemented revolutionary clean
technologies, which utilize the direct heat from an industrial turbine in a
cooking process, replacing typically used fuel burners. The initial
commercialization of these technologies involves the manufacture of a new
class of proprietary concentrated organic matter fertilizers. Our fertilizer
products include high concentrations of organic matter bundled with organic,
slow release nutrients in a granular form that provide an economic advantage
for all our customers including organic and conventional farmers, as well as
those in care of turf and land repair. Learn more at www.earthrenew.com.
About Crop Production Services, Inc.
CPS' retail operations provide crop nutrients, crop protection products,
seed, services and other products directly to growers. CPS is committed to
helping its customers optimize their crop yields and crop quality, while
ensuring it is performed in an environmentally responsible manner, using the
latest technology and products. CPS leverages substantial purchasing economies
of scale in order to maximize our margins on our major products and services.
To learn more please see www.cropproductionservices.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities
in any jurisdiction in which such offer, solicitation or sale would be
For further information:
For further information: Andrew Edson & Associates, Inc., 89 Bounty
Lane, Jericho, NY, 11753, USA, Andrew Edson, (516) 850-3195,
Andrew@edsonpr.com; EarthRenew Organics Ltd., 1925 - 18th Avenue NE - Suite
201, Calgary, Alberta, T2E 7TS, Canada, Mark Kennedy, (403) 228-5070,