Jul 19, 2021, 07:45 ET


The company launches its second-generation nitrogen product to increase farm productivity and deliver improved sustainability

– The company tripled its revenue in 2021, providing farmers a breakthrough product now used on more than 1 million acres of farmland

– Pivot Bio PROVEN® 40, the company’s fourth commercial release in three years, enables corn growers to replace up to 40 pounds per acre of synthetic nitrogen with a better source of nitrogen

– Synthetic fertilizer, a $197 billion global market, is the leading cause of crop-related greenhouse gasses, depletes soils, and harms water supplies and fisheries

– Pivot Bio’s technology eliminates synthetic nitrogen’s adverse effects and can prevent $200 billion of environmental damage over the next decade, while delivering consistent yields and profits for farmers in the face of a volatile climate

– Pivot Bio is the only company in the world to have shipped a synthetic nitrogen fertilizer replacement at scale and with performance that meet farmers’ tough requirements