Argentina's Profertil poised to open new $65m dock, warehouse

08 October 2012 17:16  [Source: ICIS news]

LONDON (ICIS)--Leading Argentinian fertilizer producer Profertil will launch operations at its new $65m (€50m) dock, warehouse and processing facility next month, a senior company executive confirmed on Monday.

Heavy rains in recent weeks mean work on the project has been delayed by a few weeks but the facility will be inaugurated in November, said the firm’s commercial manager, Pablo Pussetto.

Situated on the Parana River at Puerto General San Martin site in Santa Fe province, the dock will handle cargoes of up to 45,000 tonnes. Other facilities include a granulated urea stocking and processing facility and a massive warehouse for granulated fertilizers.

“We have experienced some heavy rains since August that have delayed the opening slightly but we expect the first cargo to arrive next month,” Pussetto said. “The new warehouse will be able to store up to 200,000 tonnes of granulated fertilizers.”

Headquartered in Bahia Blanca in Buenos Aires province, Profertil is partly-owned by Canadian fertilizer giant Agrium.

($1 = €0.77)

By: Richard Ewing
+44 208 652 3214

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