Cinis sends additional shipload of potassium sulfate and tests logistics solution
The production ramp-up at Cinis Fertilizer's facility in Köpmanholmen continues and now another shipload of water-soluble potassium sulfate has been left port. The entire cargo, about 3,200 tons, exceeds the highest quality requirements for water-soluble potassium sulfate.
The delivery was sent with the same vessel that arrived earlier this week with one of the company's inputs, which is an important step in the company's work to optimize the logistics flow. By using the same vessels that deliver inputs to ship the potassium sulfate, both transport costs and environmental impact are reduced. As production increases, Cinis expects to be able to optimize deliveries in this way to a greater extent.
"Delivering our potassium sulfate by turning around the same vessel has been the plan since the beginning, so it feels good that we have now reached a point where we can test this logistics flow in practice," says Jakob Liedberg, CEO of Cinis Fertilizer.
"This is good both from a cost and environmental perspective. We constantly strive to optimize our operations in this way," says Jakob Liedberg.
The plan to reach a production rate of 100,000 annual tones at the beginning of 2025 remains.
For more information, please contact:
Charlotte Becker, IR and Communications Officer, Cinis Fertilizer
charlotte@cinis-fertilizer.com
+46 730 37 07 07
Jakob Liedberg, CEO, Cinis Fertilizer
jakob@cinis-fertilizer.com
+46 768 58 12 86
This information is such information that Cinis Fertilizer is obliged to make public pursuant to the EU’s Market Abuse Regulation. This report has been prepared with a Swedish and an English version. In the event of any discrepancies between the two, the Swedish version applies. This information was published, through the agency of the contact persons above, on December 13, 2024, at 11:20 a.m. CET.
About Cinis Fertilizer
Cinis Fertilizer is a Swedish green-tech company producing an environmentally friendly mineral fertilizer, potassium sulphate (SOP), by, among other things, recycling waste streams from the manufacture of batteries and battery materials, as well as from the pulp industry and other industries. The patent protected technology will use half as much energy as today’s production methods and the result is a fertilizer with low carbon footprint, a unique and circular contribution enabling sustainable agriculture. FNCA Sweden AB is Certified Adviser. For further information please visit: www.cinis-fertilizer.com.