Bolivia and Brazil United in Fertilizer Production

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Researched by Industrial Info Resources (Sugar Land, Texas)--The agrochemical sector--especially the market for fertilizers--is growing rapidly in Latin America, particularly in Brazil. Industrial Info is tracking about 230 related capital-spending projects, totaling about US$29 billion of investment. The leading countries in agrochemical investments are Brazil, with US$2.4 billion, followed by Chile (US$2.3 billion) and Mexico (US$1.4 billion).

While Brazil leads in production, it also is promoting fertilizer investments in neighboring Bolivia. For more information on Brazil's role in fertilizer development, see September 29, 2023, article - Brazil's Fertilizer Sector Sees Expansion.

Bolivia is home to seven capital-spending projects, totaling US$447 million in value, to expand fertilizer capacity. Bolivia and Brazil are co-developing a fertilizer plant in Puerto Quijarro, Santa Cruz, which is designed to produce 4,200 tons of urea for both countries' agricultural sectors. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can learn more from a detailed project report.

Subscribers to Industrial Info's GMI Chemical Processing Project and Plant databases can click here for a list of detailed project reports and click here for a list of related plant profiles.

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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).