India urea imports may hit 8m t/year by 2011 – FAI

06 December 2007 11:28  [Source: ICIS news]

NEW DELHI (ICIS news)--Urea fertilizer imports could reach 8m tonnes/year unless new domestic capacity comes on line, said Luc Maene director general of the International Fertilizer Industry Association (IFA) on Thursday.

 

Maene, was speaking at the annual Fertilizer Association of India conference, said that India “could become the world’s largest importer [of urea] in the near term.”

 

Apparent consumption of urea reached 24.5m tonnes in 2006, and with domestic production at 20m tonnes, imports of 4.5m tonnes were necessary.

 

“This looks set to rise unless new plants were brought on line, existing plants were revamped or idle plants were revived”, Maene concluded.

 

The annual Fertilizer Association of India (FAI) conference takes place in Delhi from the 5-7 December.

By: Mike Nash
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