Eurochem announced that it plans to open a second new fertilizer blending plant in Brazil this year.
Zug/Switzerland — The latest opening is part of the ongoing expansion of the company’s subsidiary Fertilizantes Tocantins (FTO), a fertilizer distribution business in Brazil. The new blending plant is located in the city of Catalão in Goias State, part of the Brazilian Midwest, a region that accounts for about 3.2 million tonnes of fertilizer per year. The location was chosen because it was an important agricultural region.
The Catalão plant is one of the largest in Goias State, with a static storage capacity of 80,000 tonnes, 60 full-time workers and a production capability of 60,000 tonnes of fertilizer per month. It will produce a range of standard fertilizers and supply some specialty NPK fertilizers produced by Eurochem in Europe.
The opening of the Catalão plant comes weeks after a new blending plant at Sinop began operations in the commercially important northern region of Mato Grosso. In addition to Catalão and Sinop, FTO has six other plants across the country and sold more than 1.2 MMT of fertilizers in 2017, making it one of the biggest fertilizer providers in Brazil. Its other plants are located in Porto Nacional, São Luis, Querência, Rondonópolis, Barcarena, and Anápolis, with a corporate office in Goiânia.
The Group acquired a controlling interest (50 %+1 share) in FTO in 2016 as part of its strategy to strengthen its presence in the fast-growing Latin American fertilizer market.