Vietnam aims for fertiliser self-sufficiency in 2015

The Ministry of Industry and Trade said the country would be fertiliser self-sufficient in 2015, once a series of factories are completed.

The Ministry of Industry and Trade in its latest announcement told the Phu My urea plant owned by PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) to stop exporting and urged the establishment of a series of fertiliser plants in the next five years.

The Vietnam Fertiliser Association had asked the Ministry to stop fertiliser exports to prevent a shortage for the winter-spring crop.

The ministry said it would speed up construction of a series of fertiliser plants, including urea fertiliser factories in Ca Mau and Ninh Binh provinces. The two factories are expected to operate in 2012 with a combined capacity of one million tonnes.

Every year Vietnam farmers need about nine million tonnes of fertiliser, one third of which has to be imported, mostly DAP and urea.

Nguyen Dinh Hac Thuy, secretary general of the association, told the Daily the domestic supply meets 60 percent of urea needs, 20 percent of DAP and 100 percent of NPK. The remainder is imported, mostly from China, Indonesia and Russia.

The ministry said the two PVFCCo factories in Hai Phong City and Lao Cai Province, would supply the 600,000 tonnes of DAP that currently needs to be imported.

Earlier this month, a PVFCCo board member said the company had planned to export 30,000 tonnes of fertiliser to Laos and Cambodia and were researching these new markets for when there was a surplus in 2012 after two more factories completed. – Saigon Times

Tags: Vietnam fertilizer industry

Posted by VBN on Nov 30 2010. Filed under Fertiliser. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry