CARBO® Announces Signing of a Production Agreement with INNOVAR AG, LLC, a Leader in Agriculture Technology Products
CARBO CERAMICS (CRR)
Last carbo ceramics earnings: 11/8 05:00 pm
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carboceramics.com/contact/carbo-corporate/investor-relations
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Source: PR Newswire
HOUSTON, Nov. 8, 2019 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) announced today the signing of an agriculture technology products production agreement with INNOVAR AG, LLC.Logo: http://photos.prnewswire.com/prnh/20120503/MM00528LOGOThe agreement combines CARBO's technological capabilities and expertise in manufacturing and material science, with INNOVAR's new Encapsulated Infused Fertilizer ("EIF") technology, and extensive experience with Enhanced Efficiency Fertilizers ("EEF"), in both Agricultural and Turfgrass markets. The companies have worked together to develop and produce, a new EEF type product that reduces nitrogen loss, increases microbial populations, and enables phosphorus, potash, sulphur and micro nutrients to be released from the soil profile and become better utilized by plants. Gary Kolstad, Chairman and CEO of CARBO commented, "We are excited to sign another agreement in the fast-growing agriculture technology space, which allows us to utilize our core stren
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