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Foundation stone laid for $2bn phosphate fertilizer mega-project in Iraq's Anbar
Foundation stone laid for $2bn phosphate fertilizer mega-project in Iraq's Anbar

Iraqi News

time23-05-2025

  • Business
  • Iraqi News

Foundation stone laid for $2bn phosphate fertilizer mega-project in Iraq's Anbar

Al- Anbar ( – Iraq's Minister of Industry and Minerals, Khalid Battal Al-Najm, laid the foundation stone on Thursday (May 22, 2025) for a new $2 billion integrated phosphate fertilizer complex in Al-Qaim, Anbar governorate. This major project is a partnership between Iraq's State Phosphate Company, Asas Al-Handasa, and East China Engineering Science and Technology Co. (ECEC). Minister Al-Najm highlighted that Anbar's western desert holds one of the world's largest phosphate reserves, estimated at 10 billion tons. The new facility aims to produce 500,000 tons of Triple Superphosphate (TSP) and one million tons of Diammonium Phosphate (DAP) annually. 'This project is a glimmer of hope and a cornerstone for major investments to utilize Anbar's minerals,' Al-Najm stated, adding that further silica and phosphate projects would be announced soon, some at the upcoming Baghdad Investment Forum in June. Economic expert Taha Al-Janabi noted the project's potential to redefine Iraq's use of natural resources by processing raw phosphate locally for higher value. The initiative is seen as a critical step towards economic diversification, job creation, and industrial revival in Anbar.

Nigeria's non-oil exports value of $5.456bln to get boost via fertiliser — FEPSAN
Nigeria's non-oil exports value of $5.456bln to get boost via fertiliser — FEPSAN

Zawya

time25-04-2025

  • Business
  • Zawya

Nigeria's non-oil exports value of $5.456bln to get boost via fertiliser — FEPSAN

The Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) has outlined plans to enhance Nigeria's non-oil export revenue, which reached $5.456 billion in 2024, by significantly increasing the contribution of fertiliser—especially urea—to the sector. FEPSAN President, Mr Sadiq Kassim, disclosed this on Thursday during a press briefing in Abuja. He expressed the association's readiness to raise fertiliser's current 15.74 percent share of non-oil exports, highlighting agriculture's critical role in diversifying Nigeria's economy. As the 2025 farming season draws near, Kassim assured farmers of timely access to affordable and high-quality fertilisers, thanks to strengthened collaboration between the industry and key government stakeholders. 'We are grateful for the continued support from President Bola Ahmed Tinubu's administration, which has created an enabling environment for investments in the fertiliser industry to flourish,' he said. 'The Presidential Fertiliser Initiative (PFI) is being restructured to better serve manufacturers and blenders across the country.' Kassim outlined FEPSAN's logistics and procurement plans, noting that: 150,000 metric tonnes of Muriate of Potash (MOP) will begin arriving by end of April; 100,000 metric tonnes of Diammonium Phosphate (DAP) and 150,000 metric tonnes of Granular Ammonium Sulphate (GAS) are expected from May. According to him, blenders have already placed orders to blend over 1 million tonnes of NPK fertiliser—a marked increase from historical demand figures, which remained below that threshold over the past three years. This aligns with the federal government's goal of doubling fertiliser consumption over the next two years. As of now, stockpiles stand at: 400,000 tonnes of NPK ready for the planting season, 80,000 tonnes of DAP, 60,000 tonnes of MOP, 114,000 tonnes of GAS, while urea is produced locally and can be replenished within a week. FEPSAN also revealed ongoing efforts to introduce crop- and soil-specific fertiliser blends, developed in collaboration with research institutions, to deliver cost-effective and high-performance solutions for farmers. 'These blends are based on soil and crop nutrient requirements and are followed up with tailored extension services to educate communities and ensure effective application,' Kassim said. On compliance, Kassim reaffirmed that fertilisers are regulated under the Fertiliser Quality Control Act, 2019, overseen by the Federal Ministry of Agriculture. The Office of the National Security Adviser (ONSA) also ensures all manufacturers adhere to security protocols, including the issuance of movement permits, particularly in the North East. He encouraged farmers to leverage climate tools such as the Seasonal Climate Prediction (SCP) by NIMET and to participate in soil testing to enable optimal fertiliser use. He also noted FEPSAN's participation in the Federal Government's Soil Health Card Scheme, which guides fertiliser use across different agro-ecological zones. 'The fertiliser industry, through PFI-NPK Ltd, is being repositioned to respond effectively to the needs of blenders, making the procurement of quality raw materials more timely and cost-efficient,' Kassim concluded. He gave assurances to farmers, all tiers of government, regulators, financiers, and stakeholders across the value chain that there would be adequate supply of affordable, quality fertilisers to meet the country's agricultural demands.

Industry Minister Reviews Fertiliser Production in Basra
Industry Minister Reviews Fertiliser Production in Basra

Iraq Business

time26-03-2025

  • Business
  • Iraq Business

Industry Minister Reviews Fertiliser Production in Basra

By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting with the General Company for Southern Fertilisers in Basra to review current partnership contracts and assess factory operations. The discussions focused on ensuring the continuous production of fertilisers to support the agricultural sector and enhance food security. The meeting covered updates on the Diammonium Phosphate (DAP) fertiliser plant contract, the performance of the urea production lines, and the status of other projects. Minister Al-Najm emphasised the need to resolve operational challenges to avoid disruptions in production. He directed a technical and economic review of production lines to ensure their feasibility and sustainability, while safeguarding the company's interests. Additionally, he instructed that revenues be allocated for essential maintenance to sustain production and meet national agricultural fertiliser needs. (Source: Ministry of Industry and Minerals)

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