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Project(s): View 3 related projects in PECWeb
Plant(s): View 3 related plants in PECWeb
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Researched by Industrial Info Resources (Sugar Land, Texas)--The fertilizer production market in Brazil has been experiencing growth in recent years for many reasons. These are internal, such as achieving self-sufficiency and promoting the use of domestic resources, and external, such as the growth in international demand for agrochemicals generated by various factors, including the conflict between Ukraine and Russia.
Industrial Info is tracking more than $443 million in investments in Brazil's agrochemical sector that are planned to be approved within the next year. Meanwhile, almost $300 million in investment in capital projects within the same sector will be executed in the next 12 months. The largest portion of these investments is taking place in the state of Minas Gerais, which is responsible for most of Brazilian agriculture.
Another very important aspect to highlight is that many producers are aiming to generate new production capacity, with 24 projects worth $511 million destined for the construction of new fertilizer plants. Loyder Industria de Aditivos e Fertilizantes LTDA is the company with the most planned investments, with eight new plants planned. One of them is the plant in Candeias, which will have a production capacity of 50,000 tons per year of fertilizers. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more details on the project.
Brazil is also a leader in decarbonization through the production of green hydrogen, and Industrial Info has identified a total of 43 Brazilian green hydrogen projects that aim to build new plants, which in turn contribute to growth in the agrochemical sector because of hydrogen's use as a raw material for the manufacture of ammonia and fertilizers.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
Industrial Info is tracking more than $443 million in investments in Brazil's agrochemical sector that are planned to be approved within the next year. Meanwhile, almost $300 million in investment in capital projects within the same sector will be executed in the next 12 months. The largest portion of these investments is taking place in the state of Minas Gerais, which is responsible for most of Brazilian agriculture.
Another very important aspect to highlight is that many producers are aiming to generate new production capacity, with 24 projects worth $511 million destined for the construction of new fertilizer plants. Loyder Industria de Aditivos e Fertilizantes LTDA is the company with the most planned investments, with eight new plants planned. One of them is the plant in Candeias, which will have a production capacity of 50,000 tons per year of fertilizers. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more details on the project.
Brazil is also a leader in decarbonization through the production of green hydrogen, and Industrial Info has identified a total of 43 Brazilian green hydrogen projects that aim to build new plants, which in turn contribute to growth in the agrochemical sector because of hydrogen's use as a raw material for the manufacture of ammonia and fertilizers.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
