According to Reuters, JBS SA will invest US$9.53 million in a new fertilizer plant in Brazil. One unit of the plan is expected to be operational within a year.
The country presently imports 75% of its fertilizers, and it is thought that this new plant comes as part of plans to reduce Brazil’s dependency on imports.
Read the article online at: https://www.worldfertilizer.com/project-news/24082017/jbs-invests-in-fertilizer-plant-in-brazil/