Fresh Del Monte Announces Partnership to Produce Biofertilizers from Fruit Residues, Launching Innovative Plant in Kenya
14 Mai 2024 - 2:00PM
Business Wire
Partnering with Vellsam Materias Bioactivas,
the new plant marks initial step in biofertilizer production
Fresh Del Monte Produce Inc., one of the world’s leading
vertically integrated producers, marketers, and distributors of
high-quality fresh and fresh-cut fruits and vegetables, and Vellsam
Materias Bioactivas, a leading producer of biotechnological
solutions, today announced a partnership that will look into how to
maximize the use of Fresh Del Monte’s pineapple residues by way of
biofertilizers. The Fresh Del Monte-led partnership, operating
under the name De l’Ora Bio, is announcing this collaboration with
the inauguration of a biofertilizer plant in Kenya, marking the
initial step in the partnership's biofertilizer production
endeavor.
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The new biofertilizer plant is situated close to Fresh Del
Monte’s subsidiary in Kenya, Del Monte Kenya Ltd., and will use
residues from the company’s pineapple cannery to create different
types of biofertilizers for its use and the eventual sale to other
growers in Kenya and East African countries.
Biofertilizers are natural fertilizers that use microbes to help
promote plant growth by increasing the supply of essential
nutrients to the plants, improving the soil texture and yield of
plants, and providing a more sustainable option to traditional
fertilizers.
“Fresh Del Monte is committed to creating a circular economy and
is taking active measures to repurpose and reuse its residues,”
said Mohammad Abu-Ghazaleh, Fresh Del Monte’s Chairman and Chief
Executive Officer. “We see this collaboration as a transformative
turning point that has the potential to revolutionize how the
agricultural industry farms. De l’Ora embodies our commitment to
innovation, environmental stewardship, and pursuing boundaries of
what is possible in agriculture.”
Estimates show that the global biofertilizers market size will
expand to around USD 9.14 billion by 2032, according to Precedence
Research. This figure is expected to grow steadily due to
increasing awareness about sustainable agriculture practices,
rising demand for organic food products and government initiatives
promoting biofertilizer usage.
The new plant is currently running tests and will be fully
operational in June. Del Monte Kenya is the single largest exporter
in the country and already employs 6,500 Kenya workers directly.
With the opening of this plant, the company can further support the
local economy and work towards growing its footprint and impact in
the region.
Together, through D l’Ora, the newly formed biofertilizer
company, Fresh Del Monte and Almeria-based Vellsam, aim to maximize
the use of residue utilization, enhance soil fertility, and meet
the rising demand from consumers seeking nutritious, sustainably
grown produce.
ABOUT FRESH DEL MONTE
Fresh Del Monte Produce Inc. is one of the world’s leading
vertically integrated producers, marketers, and distributors of
high-quality fresh and fresh-cut fruit and vegetables, as well as a
leading producer and distributor of prepared food in Europe,
Africa, and the Middle East. Fresh Del Monte Produce Inc. markets
its products worldwide under the DEL MONTE® brand (under license
from Del Monte Foods, Inc.), a symbol of product innovation,
quality, freshness, and reliability for over 135 years. The company
also markets its products under the MANN™ brand and other related
trademarks. Fresh Del Monte Produce Inc. is not affiliated with
certain other Del Monte companies around the world, including Del
Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific
Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd. Fresh Del
Monte Produce Inc. is the first global marketer of fruits and
vegetables to commit to the “Science Based Targets” initiative. In
2022, 2023 and 2024, Fresh Del Monte Produce was ranked as one of
“America’s Most Trusted Companies” by Newsweek based on an
independent survey rating companies on three different touchpoints,
including customer trust, investor trust, and employee trust. The
company was also named a Humankind 100 Company for two consecutive
years by Humankind Investments, which recognizes companies that
substantially impact areas such as access to food and clean water,
healthcare, and digital services. Fresh Del Monte Produce Inc. is
traded on the NYSE under the symbol FDP.
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version on businesswire.com: https://www.businesswire.com/news/home/20240514815851/en/
Claudia Pou Vice President, Global Head of Corporate
Communications communications@freshdelmonte.com
Fresh Del Monte Produce (NYSE:FDP)
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