Nutrien Ag Solutions Inc. Acquires Suncor Energy’s AgroScience Assets for Expansion into Biocontrol Technologies

Nutrien Ag Solutions Inc. has recently acquired the AgroScience assets of Suncor Energy in Calgary, Alberta, including several patented and pending technologies in the area of biocontrol. This strategic move by Nutrien allows the company to invest in biocontrol technologies through its Loveland Products business. The technology is designed for global use in the agriculture industry, with a focus on resistance management.

Research and field trials have shown the technology to be competitive with traditional synthetic crop protection inputs in terms of efficacy, stability, and economic value. Casey McDaniel, vice president of Loveland Products, expressed excitement about the new technology and its potential to enhance the company’s offerings. He believes that as the biocontrol market grows, farmers will increasingly seek bio-based solutions that align with existing management practices and offer benefits in terms of yield, efficiency, and sustainability.

Nutrien plans to launch the new chlorine-based photosensitizer formulations in global markets by 2025, with submissions to the U.S. Environmental Protection Agency expected by 2026. These products will be marketed as part of the Loveland Products portfolio. The company views biologicals as essential tools for improving agricultural outcomes and aims to introduce more such offerings under the Loveland brand or partner brands in the future.

Loveland Products is a proprietary products company under Nutrien Ag Solutions, which is a retail division of Nutrien Ltd. This acquisition represents a significant step forward in Nutrien’s commitment to innovation and sustainability in the agricultural sector.

In conclusion, this acquisition by Nutrien provides an opportunity for expansion into biocontrol technologies through its Loveland Products business unit. The technology is designed for global use in agriculture with a focus on resistance management and has been shown to be competitive with traditional synthetic crop protection inputs