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Enter Symbol
or Name
USA
CA



International Zeolite Corp
Symbol IZ
Shares Issued 42,406,962
Close 2023-03-14 C$ 0.12
Market Cap C$ 5,088,835
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International Zeolite plant to begin production

2023-03-15 09:52 ET - News Release

Mr. Ray Paquette reports

INTERNATIONAL ZEOLITE LAUNCHES ITS FIRST PRODUCTION PLANT IN ONTARIO

International Zeolite Corp.'s production plant in Jordan, Ont., has reached the milestone of operational readiness and will begin producing the company's proprietary zeolite nutrient delivery products in late March. International Zeolite's licensed proprietary technology changes the way crops grow and helps farmers reduce their ecological footprints through lowered greenhouse gas emissions and a reduction in the need for traditional fertilizers.

The production plant has the capability of producing nutrient-infused zeolite through its licensed proprietary Nerea technology. Future expansion of the plant will have the capability of producing up to 25,000 kilograms of agricultural nutrient grow system products daily. The production plant is located within the rich agricultural region of Niagara, Ont., and is located within 15 minutes of International Zeolite's research and development partners at Niagara College Horticultural & Environmental Research Innovation Centre (HEISC), providing for seamless integration with continuing research and development.

"This is a major milestone for International Zeolite," said Mark Pearlman, president and chief operating officer. "Growers have been asking to trial our products in both soilless and soil environments. With the production plant in operation, we are positioned to supply commercial trials, moving us from a precommercialized environment to revenue generation. With rising fertilizer costs and a demand to reduce greenhouse gases, IZ's line of infused zeolites is positioned to transform agricultural practices and offer a solution for food security issues facing growers and their need to address climate change."

International Zeolite's primary focus is on the Nerea line of products. Each unique iteration uses Nerea as a basis to improve agriculture through increased crop size, yield and reductions in problematic waste from traditional fertilizer methods. Nerea substrate is developed for the germination of seeds. It contains all the micro and macro nutrients needed for plant germination. Nerea fertilizer contains all the nutrients required for the plants after seeds have germinated plus contains higher levels of nitrogen, phosphorous and potassium than the substrate. Nerea plus is a micronized zeolite containing a full suite of micro and macro nutrients required by growing plants, which is applied by suspension in water.

Independent trial results of Nerea in lettuce and basil have shown that crop time is reduced by up to two weeks and fertilizer use reduced by up to 80 per cent. Derek Schulze, head of production of International Zeolite, reports, "Over 30 years of research exists supporting the use of zeolites in agriculture, and with more recent advancements we aim to bring what has been demonstrated in literature and fieldwork to the growers in Canada."

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