Norofert announces the development, by its subsidiary Norofert do Brasil LTDA, of a new industrial facility in Guatambu, Santa Catarina state. Situated on a 3-hectare plot, the facility is designed for the production of agricultural inputs and for biotechnology research and development, featuring a high-capacity laboratory. The total estimated investment, cumulating the two contracted financing lines, is approximately 12 million Brazilian reais ( EUR 2 million). “Through this project, we are building our own production, research, testing and marketing platform in Brazil, not just a local factory. With the maturation of the portfolio, obtaining certifications, expanding distribution and increasing penetration on the Brazilian market, we see significant scaling potential compared to the initial stage.