CoteX Technologies and Nutrien Enter Memorandum of Understanding

CoteX Technologies and Nutrien announced they have entered into a Memorandum of Understanding (MOU) to explore the joint commercialization of a coating technology used to produce an affordable, environmentally-friendly nitrogen fertilizer solution for large acreage crops in the North American market. 

CoteX Technologies is a startup located in Nova Scotia, Canada that has developed a low-cost, customizable controlled-release fertilizer (CRF) coating. The company says their plant-based coating allows fertilizer to be slowly released into the soil over time, reducing greenhouse gas emissions and eliminating potential residual material. 

“Our coating process is lower cost and more versatile than liquid coating and it’s environmentally 
friendly,” said Santosh Yadav, CEO of CoteX Technologies. “We are thrilled to partner with Nutrien to explore the application of our product and the impact for the market.”

CoteX Technologies shares that the controlled release method of their technology minimizes product loss from waterway runoff while reducing environmental impact.

“We are excited to begin this journey with CoteX Technologies,” said Trevor Williams, EVP and president of nitrogen & phosphates at Nutrien. “This innovation has the potential to substantially increase efficiency in nitrogen application which will help farmers increase yield potential in a sustainable way.”