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42 million tons expected production capacity of fertilizers in the Gulf

Rocky: Admin Assist; Posts : 269036
Join date : 2012-12-21

Post n°1

42 million tons expected production capacity of fertilizers in the Gulf

by Rocky Tue 08 Aug 2017, 3:57 am

42 million tons expected production capacity of fertilizers in the Gulf

The Gulf Petrochemicals and Chemicals Union (GPIC) expects the fertilizer capacity in 2017 to reach 42.3 million tons,

According to the statement, which received "Mubasher" version, Saudi Arabia still tops the list of producers in the region, has recorded growth in production by 20% to 21.5 million tons from 16.8 million tons in 2016.

According to the statement, the fertilizer industry in the Gulf countries achieved between 2006 and 2016 production growth of nearly double.

The production capacity of the industry in the Gulf grew to 37.8 million tons from 19.4 million tons in the same period.

GIPCA decided to hold the eighth session of the Fertilizer Conference from September 26-28 at the Ritz-Carlton, Bahrain.

The conference presents the impact of the current changes in the market on the fertilizer trade and the business opportunities it offers, and the attendants know the basic factors that can contribute to the future growth of the sector.

http://economy-news.net/content.php?id=8631

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