{"id":45729,"date":"2023-10-24T13:15:35","date_gmt":"2023-10-24T04:15:35","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=45729"},"modified":"2023-10-25T17:32:44","modified_gmt":"2023-10-25T08:32:44","slug":"getting-to-know-fertilizer","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2023-10-getting-to-know-fertilizer\/","title":{"rendered":"Getting to know fertilizer"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"45729\" class=\"elementor elementor-45729\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f48c7d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f48c7d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40ea663\" data-id=\"40ea663\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ecf939 elementor-widget elementor-widget-heading\" data-id=\"7ecf939\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">At a glance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49ca201 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"49ca201\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Global Fertilizer Day on Oct. 13 marks the anniversary of a key patent that paved the way for the modern fertilizer industry<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Underscored by its importance to food supply, the global fertilizer market is forecast to continue expanding steadily<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Samsung C&T is expanding target regions and products for its fertilizer business, which dates back to the 1970s<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1795cd elementor-widget elementor-widget-text-editor\" data-id=\"e1795cd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>With <a href=\"https:\/\/www.fertilizer.org\/initiatives\/global-fertilizer-day\/\">Global Fertilizer Day<\/a> falling on Oct. 13, it was a reminder of the importance of various kinds of fertilizer to farmers and food supply around the world.<\/p>\n\n<p>But this event has only been officially celebrated since 2017, and in everyday life we may easily overlook the role of fertilizer in helping to grow the food we eat. So, let\u2019s find out more about it and where Samsung C&#038;T comes in.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f16d4ae elementor-widget elementor-widget-heading\" data-id=\"f16d4ae\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Checking back in on a global necessity<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eaf2408 elementor-widget elementor-widget-text-editor\" data-id=\"eaf2408\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The reason Oct. 13 marks Global Fertilizer Day is because it was on this day over a hundred years ago that the Haber-Bosch process was patented, allowing nitrogen \u2013 the most abundant gas in our atmosphere \u2013 to be converted into ammonia. This is important as plants cannot generally access nitrogen directly from the air, but ammonia fertilizers help to increase crop yields by enriching soil with nitrogen.<\/p>\n\n<p>While organic materials have been used to nourish crops for thousands of years, the Haber-Bosch process paved the way for the production of chemical fertilizers and the industry as we know it today \u2013 helping to advance global crop production to support the food needs of rapidly growing populations. As demonstrated by the infographic below, over 50 percent of the world\u2019s food supply comes from chemical fertilizers such as ammonia-based products \u2013 and they are only going to grow in importance as the total global population moves towards 10 billion people by 2050.<\/p>\n\n<p>Given the need for fertilizer, price fluctuations can create heightened international concerns. For instance, food prices were being pushed up by a fertilizer supply crisis when we last looked at the market, along with basic distinctions between chemical and organic fertilizers, <a href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2022-02-fertilizer-crisis-behind-soaring-food-prices\/\">here<\/a> in early 2022. As you can also see below, the fertilizers price index has stabilized over the last year.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de674d6 elementor-widget elementor-widget-image\" data-id=\"de674d6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDU3NjIsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjNcLzEwXC9JbmZvZ3JhcGhpY19mZXJ0bGl6ZXItc2NhbGVkLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"608\" height=\"2560\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled.jpg\" class=\"attachment-full size-full wp-image-45762\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled.jpg 608w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled-119x500.jpg 119w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled-243x1024.jpg 243w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/10\/Infographic_fertlizer-scaled-365x1536.jpg 365w\" sizes=\"(max-width: 608px) 100vw, 608px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52bb4ed elementor-widget elementor-widget-heading\" data-id=\"52bb4ed\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Where does Samsung C&T come in?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbb1dd8 elementor-widget elementor-widget-text-editor\" data-id=\"cbb1dd8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Interest in the global fertilizer market is only growing stronger, as it is set to reach US$251.57 billion by 2030, up from US$184.6 billion in 2021.<\/p>\n\n<p>Having operated in the fertilizer business since the 1970s, Samsung C&#038;T Trading &#038; Investment Group is well placed with the necessary experience, expertise, and global network to assess and act upon market changes. <\/p>\n\n<p>Going forward, the company is accelerating the growth of its fertilizer business by specifying strategies according to region and product \u2013 such as by expanding target regions and products for sales, and strengthening its customer pool. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>At a glance Global Fertilizer Day on Oct. 13 marks the anniversary of a key patent that paved the way for the modern fertilizer industry Underscored by its importance to food supply, the global fertilizer market is forecast to continue expanding steadily Samsung C&#038;T is expanding target regions and products for its fertilizer business, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45731,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-45729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Getting to know fertilizer - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2023-10-getting-to-know-fertilizer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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