New Zealand deep sea fishing company Sealord is launching into the $100 million landscaping fertiliser market with a new general liquid fertiliser made from a by-product produced during the production of fishmeal.
Sealord Business Development & Sustainability General Manager Stu Yorston says New Zealand’s deepwater fisheries are a clean, bountiful source of seafood rich in essential nutrients.
“It makes sense to utilise by-products from fish caught sustainably in New Zealand’s pristine waters. This business development opportunity for Sealord is about creating more value out of waste streams – a win, win for the environment and economic returns.”
Processing the Naked fertiliser started in late August and initial bottling finished in late September ready for distribution into retailers.
Stu says there has been a lot of time and investment in research and development in the lead up to the bottles hitting the shelves.
“It’s all very exciting. This has been about two years in the making. Our work has involved various trials to get the formula just right, testing by Lincoln Agritech – with the results showing Naked is more effective than its nearest competitors – and obtaining certification by Ministry for Primary Industries.”
Stu adds that Naked has excellent sustainability credentials.
“It’s made from the last bit of fish waste we don’t use. All the fish offal gets minced up, dried and made into fishmeal. During the drying process, a liquid concentrate comes off and this is what goes into the fertiliser, along with seaweed from an aquaculture company in the Coromandel called Premium Seas. So, it’s essentially a natural, organic product compared with synthetic garden fertilisers.”
The base product – fish liquid concentrate – is produced in Sealord’s Nelson-based fishmeal plant, seaweed is then added, and it gets bulk packed and sent to Auckland for bottling, packing and distributing to retailers.
Initially, Naked will be stocked by Mitre 10 and The Warehouse and other gardening retailers across the country, with plans for the natural organic fertiliser to be rolled out in supermarkets and garden centres as well.
Sealord has been granted more than $2 million in funding over four years by Ministry for Primary Industry’s Sustainable Food and Fibre Futures fund to support the company’s efforts developing new products from waste streams with better yields and higher prices.
Sealord’s Naked fertiliser is available from Mitre 10, The Warehouse and online at www.sealordnaked.com