Brazil Expands Agrochemical Production

CORDOBA, ARGENTINA--November 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Brazil's agrochemical sector has expanded and is expected to further grow with the materialization of high investments within the next two years. This is being driven not only by the country's internal need to provide fertilizers for its big agricultural market, but also because of the impact of the Ukrainian conflict. Industrial Info Resources is tracking more than 100 capital-spending projects in Brazil's agrochemical sector, worth US$1.34 billion, mostly directed to increase the production capacity of fertilizers.