China’s fertilizer output to rise by 4.4% in 2015
03 February 2012 10:05 [Source: ICIS news]
SINGAPORE (ICIS)—China is targeting its fertilizer output to reach 69.1m tonnes in 2015, up by 2.9m or 4.4% from 2010, according to a report by the Ministry of Industry and Information Technology (MIIT) on Friday.
The country is targeting higher output over the next few years to secure its agricultural development since 90% of the country’s fertilizer is used in this sector, the ministry said.
?xml:namespace>China’s fertilizer output grew at an annual rate of 5.0% during the 11th Five Year period, the MITT said.
China’s fertilizer capacity is targeted to reach 77.6m tonnes/year in 2015, according to the MIIT.
The country’s urea capacity is expected to reach 36m tonnes/year in 2015, while its nitrogen fertilizer capacity will reach 51.1m tonnes/year in 2015.By: Rachel Yang
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial
to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free
trial to ICIS Chemical Business.