Iron is a vital element for the proper plant growth and development. This element plays a critical role in chlorophyll production and photosynthesis. Fe element deficiencies in plants interrupt chlorophyll production process and causes chlorotic leaves. The plant roots take up the chelated nutrient and the chelate releases the nutrient within the plant. Furthermore, EDTA is the most common synthetic chelating agent and is used for both soil and foliar applied nutrients. RicoFer has been developed for conditions where the deficiency of Iron is found in plants (high PH, water prolonged, negative effects caused by deficiency or excess of other elements, etc.) and while plant needs to get this element quickly.