Oslo-Yara International ASA confirmed last week that it plans to invest US$50 million to expand NPK blend capacity at plants in Rio Grande, Brazil, from 700,000 mt/y to 1 million mt/y. Since 2004, new Yara plants in Brazil include mixing units in Rondonopolis (Mato Grosso State), Uberaba (Minas Gerais State), and Vitoria (Espirito Santo State), with a new one in Paranagua (Parana State) expected to be up by the end of the year. Yara estimates its share of the Brazilian market at 14 percent, second to Bunge’s 30 percent. Yara continues to oppose Bunge’s takeover of Fosfertil.
Transparency Across the Fertilizer Value-Chain