PhosAgro to boost fertilizer output by 2025

Published by Nicholas Woodroof, Editor
World Fertilizer, Friday, 27 Sep 19

As reported by Reuters, PhosAgro plans to boost production of fertilizers and feed phosphates to 11.7 million t by 2025 from 9.4 – 9.5 million t in 2019.

The company is intending to invest US$3 billion in growth and modernisation by 2025 and expects that investment to boost core EBITDA earnings to US$450 million.

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