More than US$6.5 Billion in Chinese Fertilizer Projects Planned for Kickoff in First-Quarter 2024

Researched by Industrial Info Resources (Sugar Land, Texas)--According to data from China's National Bureau of Statistics, from January through November this year, China had produced 52.243 million tons of nitrogen, phosphorus and potassium (NPK) fertilizers, an 11.4% increase over the same 11-month period of 2022.

Industrial Info is tracking 88 phosphatic fertilizer-related projects, valued at US$6.56 billion, that are planned to begin construction during the first quarter of 2024 in China. Subscribers to Industrial Info's Global Market Intelligence Chemical Processing Project Database can click here for a list of detailed project reports.

One of the Chinese projects is the Yichang (Yidu) Chemical Complex Phosphoric Acid Unit Addition in Hubei. Hubei Haigesi New Energy is planning to build a 400,000 metric-ton-per-year phosphoric acid (wet process) unit and a 280,000-metric-ton-per-year phosphoric acid (purified) unit at the site. Subscribers can click here for more information.

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