The principal business of the company is the production of Urea and Granulated Single Super
Phosphate fertilizer. The products of the company include Tara urea, Tara SSP and DAP.
These developments have increased the fertilizer industry's inventories to near historic highs, putting significant downward pressure on realized
phosphate fertilizer prices in the short-term.
The subsidy was being given on Diammonium
phosphate fertilizer, Nitrophos, Nitrogen-phosphorus-potassium and Sulphate of potash fertilizers.
Eight documents were signed by the governmental delegation of Turkmenistan during the working visit to Japan in October last year, concerning the realization of new joint projects, including the construction of ammonia and urea production plants, natural gas processing and gasoline production, a workshop for
phosphate fertilizer production, along with partnership with Japan Bank for International Cooperation (JBIC), and supply of the earthmoving machinery of Komatsu company and Toyota cars to Turkmenistan.
Al-Falih disclosed that the Kingdom's investments during the first phase of the Wa'ad Al Shamaal project amounted to SR55 billion, adding that SR31 billion represents the Saudi investments which include
phosphate fertilizer plant with a capacity of three million tons annually.
Lorenzo and Yap, as well as Philippine
Phosphate Fertilizer Corp.
Fitch expects FCF of at least $150 million in 2019 and $200 million in 2020 on capital and cost control, as well as improving
phosphate fertilizer markets.
Sales of di-ammonium
phosphate fertilizer (DAP) were recorded at 69,000 tons in the month, which was 28 percent lower than 96,000 tons in April 2017.
The Cubatao asset is a nitrogen and phosphate complex with an annual production capacity of approximately 200 kilotons of ammonia, 500 kilotons of nitrates and 700 kilotons of
phosphate fertilizer. The complex employs approximately 1,015 permanent and 970 contracted employees.
Tomas Guibani, representative of Philippine
Phosphate Fertilizer Corp.
The Moroccan Foreign Minister discussed the possibility of technical assistance and cooperation in
phosphate fertilizer industry in Bangladesh, including the production of customized and cost-effective
phosphate fertilizer suitable for different types of soil.