Protect Pharmaceutical Announces Construction of Two New Agropharm Production Sites
07/07/2020 | 09:16am EST
Sevnica, Slovenia, July 07, 2020 (GLOBE NEWSWIRE) -- While Protect Pharmaceutical Corp. “OTC:(PRTT)” has been successfully applying its Agropharm products in Europe on various crops, the company is pleased to announce commencement of construction on two new installations in 2020. Agropharm organic fertilizer production sites will be launched in Slovenia and Spain to further develop our Agropharmacy program to increase the quality and quantity of organic food.
Agropharm products revive used soil and act as transport agents, connecting natural microelements to plants, normalizing the microflora of the soil. The products are liquid in form and are simple to apply by spraying and can be used in every type of farming, from house plants to large industrial fields.
"The two new installations will allow the company to supply demand within all boarders of the European Union. This also signals the transition from the active testing stage to active marketing. The installations in Slovenia and Spain will mean that the company should capture approximately 50 million Euro per year in new revenues once construction is completed. The company is targeting the new installations to be fully operational by the beginning of the 2021 planting," comments Director of European Operations, Angela Savcenco.
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