Specialty fertilizer producer Anuvia Plant Nutrients, Winter Garden, Fla., has made the decision to suspend operations and liquidate their assets, according to a post on LinkedIn by Chief Commercial Officer Hugh McGillivray. According to the post, the company has terminated all its employees other than a select few to wind down the operation.
MacGillivray, who joined Anuvia in 2015 (GM July 20, 2015), has also left the company.
Calls to Anuvia and The Mosaic Co. had not been returned at presstime.
Under a ten-year strategic agreement inked in 2019 (GM Sept. 27, 2019), The Mosaic Co. and Anuvia agreed that Anuvia would lease and operate Mosaic’s idled Plant City, Fla., phosphate plant to produce bio-based sustainable and environmentally friendly plant nutrients. Mosaic also took an equity stake in Anuvia. Mosaic was also to sell ammonia, sulfuric acid, and phosphoric acid for use at Plant City.
Mosaic also licensed Anuvia’s SymTRX10S product for sale in the US under the name Susterra™ (14-24-0-10S), the phosphate maker’s first bio-based fertilizer (GM Sept. 25, 2020). It contained up to 15% of recycled organic matter.
Anuvia made bio-based fertilizers for the agriculture, turf, and consumer markets.
Prior to producing product at Plant City, Anuvia made product at a plant in Zellwood, Fla., where it had both financial and environmental problems (GM Dec. 31, 2020).
Initial work for what eventually became Anuvia originated back in 2008 with a company called VitAG Corp., which was backed by Denham Capital (GM Aug. 11, 2008). VitAG received funding in 2014 to build the Zellwood plant (GM July 21, 2014).