• Skip to main content

    Tag: Fertilizer

    Turkmenabat reports production figures

    The S.A. Nyyazov Chemical Plant in Turkmenabat produced 115,850 tonnes of sulfuric acid during the first five months of this year, according to local press reports. The plant also produced 11,297 tonnes of mineral fertilizers over the same period, including 5,227 tonnes of nitrogen-based and 6,070 tonnes of phosphorus-based fertilizers. The Turkmenistan government recently approved the construction of a new plant at the facility to produce 350,000 t/a of superphosphate and 100,000 t/a of ammonium sulphate. South Korea’s Daewoo Engineering & Construction Co. has been awarded the EPC contract for the plant.

    US tariff pause brings relief to fertilizer exporters

    President Donald Trump delayed his ‘liberation day” tariffs by three months on 9th April, while simultaneously ramping up levies on China. In this latest twist to the on-off US tariffs saga, the Trump administration’s 90-day pause on additional duties should provide international suppliers to the world’s biggest fertilizer market with some respite – for now. With the exception of China, the US will now cut back its so-called ‘reciprocal tariffs’ to 10% for the duration of a three-month suspension period. The European Union’s tariff is now halved to 10%, for example, with the trade bloc also pausing its trade countermeasures against the US.

    Daewoo to build phosphoric acid plant

    Daewoo Engineering & Construction has signed a $700 million framework agreement to build a fertilizer plant in Turkmenistan. The agreement was signed in Seoul with Turkmenistan's state-owned chemical firm, Turkmenhimiya, according to the Turkmen Ministry of Trade, Industry and Energy, noting the Korean firm was named the preferred bidder for the project in October. The project aims to construct a fertilizer plant that will extract phosphoric acid from phosphate rocks and process the substance into 300,000 t/a of annually in eastern Turkmenistan by 2029.