Dubai-based fertilizer trader FertiStream DMCC announced on July 5 that it has signed an agreement to purchase a 100% share in Singapore-based Nutrisource PTE Ltd., including a newly built fertilizer blending facility in Togo with a capacity of up to 200,000 mt/y.
The facility is located 22 km north of the port of Lome, a deep-water port in West Africa that can accommodate Supramax vessels. FertiStream said the location will allow for streamlined fertilizer supply to Togo and neighboring countries, including Burkina Faso, Ghana, Niger, Benin, and Mali.
“Our mission is to connect fertilizer producers and buyers worldwide, and with this acquisition, we go even further,” said Jacques Lubbe, FertiStream Owner and CEO. “Not only will we be able to better contribute to African agriculture by streamlining access to high-quality fertilizer products across nitrogen, phosphorus, and potassium segments, but we will also provide locally produced NPK blends tailored to the specific needs of regional crops and soils.”
The plant, designed by Dutch firm EMT, includes a fully mechanized and automated production process for NPK blends with high phosphate content. The facility has 60,000 mt of raw materials storage, 30,000 mt of finished goods storage, and a quality control laboratory. FertiStream said it hopes to begin producing blended NPK fertilizer in the fourth quarter of 2024.
“FertiStream is well-connected to strong fertilizer sourcing opportunities worldwide and has the necessary knowledge, experience, skills, and commitment to bring value and thrive in Africa,” said Murari Mohan Rakshit, Founder of Nutrisource. “I am confident that the Togo project is in capable hands and will greatly contribute to the growth of the agricultural market in the region.”