The marketing plan for societal challenges is a new competition fund under the auspices of the government, which was set up earlier this year. Universities, companies and research institutes that work together in a specific field of study or interdisciplinary fields of study on the basis of high-quality research programs can apply for grants from it.
One of the 7 projects that receives funding is entitled "Sustainable local utilization of raw materials in fertilizers - a holistic approach to a circular economy". Matís leads the project and the project manager is Marvin Ingi Einarsson, Industrial Engineer.
Iceland produces about 46,000 tonnes of synthetic fertilizer every year, which is an important factor in food production, land reclamation and carbon sequestration. Production, however, is not sustainable. It emits greenhouse gases and is on the verge of depleting limited resources.
In this project, a group of Icelandic companies and institutions will look for the best ways to utilize Icelandic resources, by-products from various industries and develop production processes to produce sustainable fertilizers for Icelandic agriculture and land reclamation.
Partners are Atmonia, the Icelandic Innovation Center, the Agricultural University of Iceland, Landgræðslan and Landsvirkjun.
