Cinis Fertilizer AB: Cinis signs agreement with Ragn-Sells for sodium sulfate supply
Cinis Fertilizer has signed a strategic agreement with the environmental company Ragn-Sells to upcycle sodium sulfate that arises as a residual product from industrial processes. Through the agreement, Cinis Fertilizer is paid to handle and upcycle the sodium sulfate, which contributes to solving a waste problem and creating value from residual streams.
Cinis Fertilizer has signed an agreement with the Swedish environmental company Ragn-Sells for supplies of the input sodium sulfate. The sodium sulfate Ragn-Sells will deliver comes from industrial clients who generate this as a residual stream in their production. This cooperation marks a significant step forward in the company's efforts to increase the proportion of byproduct streams used in its production and to expand the supplier base for its facility in Köpmanholmen, Örnsköldsvik.
"We are very pleased to commence this cooperation with Ragn-Sells. This agreement is not only an important milestone in our efforts to increase the use of byproduct streams in our production but also a testament to our ability to solve a real problem for the industries that generate sodium sulfate as a byproduct. Additionally, the fact that we are compensated for receiving and processing the sodium sulfate underscores the value of our circular business model," said Jakob Liedberg, founder and CEO of Cinis Fertilizer.
Through the agreement, Cinis Fertilizer will upcycle sodium sulfate, a byproduct of industrial production, into potassium sulfate-a high-quality mineral fertilizer. This circular solution makes it possible for industrial clients to upgrade landfill residues into recycled material and the sodium sulfate, which is otherwise primarily seen as a waste problem, instead becomes a valuable input and a contribution to enabling more sustainable agriculture.
"If we are serious about creating a sustainable society, we must use the raw materials we already have, over and over again. Through our new cooperation with Cinis Fertilizer, we enable yet another waste stream to be put to good use," says Kristoffer Ågren, Sales Manager downstream at Ragn-Sells.
The first test delivery of sodium sulphate from Ragn-Sells was carried out in August and continuous deliveries are now starting immediately. This partnership is an important part of Cinis Fertilizer's long-term strategy to expand the inflow of raw materials from new industries.
For more information, please contact:
Charlotte Becker, IR and Communications Officer, Cinis Fertilizer
charlotte@cinis-fertilizer.com
+46 730 37 07 07
Jakob Liedberg, CEO, Cinis Fertilizer
jakob@cinis-fertilizer.com
+46 768 58 12 86
About Cinis Fertilizer
Cinis Fertilizer is a Swedish green-tech company producing an environmentally friendly mineral fertilizer, potassium sulfate (SOP), by, among other things, recycling waste streams from the manufacture of batteries and battery materials, as well as from the pulp industry and other industries. The patent protected technology will use half as much energy as today's production methods and the result is a fertilizer with low carbon footprint, a unique and circular contribution enabling sustainable agriculture. FNCA Sweden AB is Certified Adviser. For further information please visit: www.cinis-fertilizer.com (https://www.cinis-fertilizer.com/sv/).