Wastech Group and Pursell Agri-Tech plan to establish a coating facility in Malaysia for the production of advanced controlled release fertilizers (CRFs).
Pursell Agri-Tech is a well-established coating technology innovator based in Sylacauga, Alabama, USA.
“This partnership will combine Wastech’s expertise in agricultural solutions with Pursell’s cutting-edge technology to create a sustainable fertilizer that will revolutionize farming practices across Malaysia and the Southeast Asia region,” said a statement by Pursell Agri-Tech.
“This partnership with Pursell marks a significant step forward in our commitment to sustainable agriculture in Southeast Asia,” said Nicholas Hii, Executive Director of Wastech Group, a Malaysian company founded in 1984 with a focus on specialty fertilizer and irrigation systems. “By integrating Pursell’s cutting-edge coating technology with Wastech’s deep expertise in the region, we are well-positioned to deliver high-performance, cost-effective, and environmentally responsible fertilizer solutions that meet the needs of our plantation and agricultural customers.”
“We are committed to hiring local talent and creating jobs in the region, contributing to the overall development of Malaysia’s agriculture industry,” said Hii. “This joint venture will also open doors to export opportunities within the Southeast Asia nations, further strengthening Malaysia’s position in the global agricultural market.”
“Partnering with Wastech to build a plant in Malaysia is ideal. It’s located near key substrate and material suppliers and creates opportunities to address the diverse nutrition needs of customers in the region in a predictable, prescriptive and profitable way,” said Tim Ferguson, Pursell CEO.
Pursell Agri-Tech said that the facility will serve markets across Southeast Asia, as well as Australia, New Zealand, South Korea, and Japan.
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