Simplot buys controlled-release fertilizer technology

09/27/2012 10:35:00 AM
Vicky Boyd

J.R. SimplotBoise, Idaho-based J.R. Simplot Co. has purchased the patented controlled-release fertilizer technology—Florikote—from Florikan of Sarasota, Fla.

The two companies will jointly market the product in worldwide markets, including specialty agriculture, according to a news release.

The technology involves an encapsulation process using a polymer coating.

Simplot will market the technology exclusively in the western United States and internationally, whereas Florikan will market it to core horticultural markets in the eastern United States and in all Florida markets.

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