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International Zeolite Corp
Symbol IZ
Shares Issued 36,649,462
Close 2018-10-23 C$ 0.09
Market Cap C$ 3,298,452
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Int'l Zeolite provides update on zeolite application

2018-10-23 10:52 ET - News Release

Mr. Ray Paquette reports

INTERNATIONAL ZEOLITE UPDATE ON APPLICATION OF ITS ZEOLITE IN INDIAN AGRICULTURAL SECTOR

International Zeolite Corp. has provided an update on the application of its zeolite in the agricultural sector in India. The company shipped 40 metric tonnes of various-sized processed zeolite for use in the Indian agricultural and poultry sectors. The shipment arrived in India on Aug. 14, 2018, and was then forwarded to the research sites.

The objective of the research is to test the use of zeolite in optimization in the absorption of urea, a nitrogenous fertilizer. Professor Jayashankar Telangana State Agricultural University based in Hyderabad, India, has completed research protocols on rice crops and commenced the project within the Khariff (monsoon season) on three different soil types representing respective climatic conditions and the soil eco systems of each location, which is part of phase 1 research.

The continuing research undertaken by Hyderabad University indicates visibly identifiable changes observed between the control crop (without zeolite), the zeolite infused crop and the reduced zeolite application crop.

The research protocol parameters are designed to test the height and length of the rice plant, along with the number of panicles (a flower cluster that usually grows at the end of a stem or a shoot) per plant, the number of rice grains per panicle and the grain size variability, which directly impacts the crop yields. It is an established hypothesis that slow release of essential major nutrients such as nitrogen, potassium and phosphorus promotes healthy growth of the plant and positively impacts crop yields. The university will present formal research results and provide necessary information for obtaining required clearances from relevant authorities toward commercialization.

As previously reported, in India, urea receives a significant government subsidy for use in the agricultural sector. Annual consumption of approximately 32 million tonnes has a domestic retail value of approximately $3-billion (U.S.). The Indian Nitrogen Group has reported that only 33 per cent to 35 per cent of urea is used by the plant and the rest is lost due to leaching or evaporation and runoff of soils, resulting in ground water pollution, which is a notable environmental issue in the agricultural sector throughout India. Estimates of the economic costs on loss of effective urea utilization rates in India range between $1.6-billion (U.S.) to $1.8-billion (U.S.) annually.

Inherent properties of zeolites include: cation exchange capacity (CEC), which increases soil nutrient holding capacity due to its open framework and porous crystal structure. Its water-retention capacity is 60 per cent to 70 per cent of its body weight. Contrary to fertilizers, zeolites are nutrient-intake regulators that act as a natural aid of increasing retention of water soluble fertilizers for long periods while preventing deleaching, dehydration and runoff of soils. Zeolites promote maximum efficiency of fertilizer utilization through the slow release of nutrients to the plant.

The main fertilizers used in Indian agriculture include nitrogenous fertilizers, potash, phosphate and complex fertilizers. India is the third-largest producer and second-largest consumer of fertilizers in the world. The total fertilizer market in India is expected to reach a value of $34-billion (U.S.) in 2019. The Indian agriculture sectors contribution is approximately 17 per cent of the nation's $2-trillion (U.S.) economy.

Ray Paquette, chief executive officer, stated: "International Zeolite is in the process of pursuing technologies to commercialize the manufacturing of zeolite coated urea. The company is working through Ichaana Indo-Can Zeolite Private Ltd. The working relationship established with Ichaana and the university is expected to contribute significantly to the international agricultural sector based on positive research results. This would be followed by securing the necessary permits and approvals for market expansion into India."

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