Information comes from the Asian country’s presidential office. Brazil relies on imports to supply its domestic fertilizer market, a key input for agriculture.
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The Brazilian branch of the US-based company expects to import 100,000 tonnes of phosphate from Saudi Arabia this year. The company also buys lesser amounts of sulfur and monoammonium phosphate from the UAE.
Abu Dhabi National Oil Company announced this Monday (17) the formation of a joint venture with Netherlands-based OCI N. V., expecting it to be global nitrogen fertilizer leader.
