XLP - PepsiCo Teams Up With Yara To Reduce Crop Emissions In Europe | Benzinga
PepsiCo Inc. (NASDAQ:PEP) has signed a long-term partnership deal with Yara International ASA to equip farmers with advanced crop nutrition programs and decarbonize the food value chain across Europe.
The collaboration will provide farmers with best-in-class crop nutrition products, precision farming digital tools, and expert advice to improve nutrient use efficiency, boost yields, and reduce the carbon footprint of their crops, the company claims.
As part of this partnership, Yara will supply PepsiCo with up to 165,000 tons of fertilizer annually, covering about 25% of their crop fertilizer needs in Europe by 2030.
These fertilizers will include Yara Climate Choice fertilizers, which have a low carbon footprint and are produced from either renewable ammonia or low-carbon ...