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New Zealand's fertilizer cooperative, Balance Agri-Nutrients, has confirmed reports in the local press that it is to increase its shareholding in the country's largest fertilizer marketer, Summit-Quinphos Ltd., from 30% to 40%. The controlling 60% sharebolding is held by Sumitomo Corporation of Japan. Summit-Quinphos is a specialist fertilizer marketer that concentrates on slow release reactive phosphate rock products, and holds intellectual property rights to a number of ...