Zimbabwe's Sable Chemicals Seeks to Raise $200 million for New Fertilizer Plant, an Industrial Info Market Brief

Sable Chemicals is looking for investors to help fund a $200 million fertilizer complex. The company plans to expand its fertilizer market by building a complex in Kwekwe city, Zimbabwe. The plant will produce ammonia, along with urea and ammonium nitrate. The project is in a nascent stage; however, pending funding, the company looks forward to beginning site preparation work by 2021, and operations are likely to commence by mid-2023. Sable Chemicals is a leading ammonium nitrate and NPK (nitrogen, phosphorus, and potassium) fertilizer manufacturer in Zimbabwe.