(주)누보, secures pre-contract for 100 tons of 'High Court' at U.S. Expo···establishes foothold in North American market

Published 2025년 10월 24일

Tridge summary

[Yong-ju Lee, agricultural industry specialist reporter for the Korean Farmers and Fishermen Newspaper] Global agricultural company Nuvo (Representatives Kim Chang-gyun, Lee Kyung-won) achieved a significant milestone by concluding a pre-order contract for approximately 100 tons of Wanhyeongseong coated fertilizer product 'Hi-Cote' at the exhibition held in the United States last August. This contract is significant as it marks the pioneering entry of domestic fertilizer company Nuvo Co., Ltd. into the North American market, securing a foothold in the relatively challenging U.S. market. The U.S. market is rapidly expanding in high-value crop cultivation industries such as horticulture, seedling industries, greenhouses, and indoor farming. In fact, the U.S. horticulture market is expected to reach approximately $22 billion by 2024.

Original content

[Lee Young-joo, agricultural and livestock specialist reporter for the Korean Farmers and Fishermen Newspaper] Global agricultural company Nuvo (Representatives Kim Chang-gyun, Lee Kyung-won) achieved a significant result by concluding a pre-order contract for approximately 100 tons of its slow-release coated fertilizer product "Hi-Cote" at an exhibition held in the United States last August. This contract is significant as it marks the pioneering entry of domestic fertilizer company Nuvo into the North American market, securing a foothold in the relatively challenging U.S. market. The U.S. market is rapidly expanding in high-value crop cultivation industries, including horticulture, seedling industries, greenhouses, and indoor farming. The U.S. horticulture market is expected to grow from approximately $22 billion in 2024 to about $27.4 billion by 2030. Amid this expanding demand market, Nuvo's eco-friendly slow-release coated fertilizer products have garnered significant ...

Source: Agrinet