Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume accounts for 15% of Brazil’s phosphate output.
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This saturday (7), a Brazilian mission, including minister of Agriculture Marcos Montes, visited Arab Potash. Company executives spoke on plans to increase fertilizer supply, open a branch office, and possibly produce in Brazil.
The Brazilian federal government has set a goal of reducing Brazilian fertilizer imports from the current 85% of purchases to 45% by 2050. The minister of Agriculture stated it is not about self-sufficiency but less external dependence.
The Brazilian market purchased 41.6 million tonnes of fertilizers in 2021. The product arrived mainly through the Port of Paranaguá.