GRANULAR UREA MARKET ANALYSIS
Granular Urea Market: Recent Developments
November 2022: OCI NV invested US$ 5 billion to expand its East Texas complex. The company plans to add a plant that uses ammonia and carbon dioxide to make 2,200 metric tons of urea daily.
June 2022: Pupuk Kaltim announced its plans to expand its operations by building a factory in West Papua’s Bintuni Bay in Indonesia that will produce urea, increasing its overall production capacity.
March 2022: Egypt-based Misr Fertilizers Production Company (MOPCO) announced plans to improve its overall annual carbamide production capacity to 70 kilo tons. The company also announced investment to build a new melamine plant. With this investment, MOPCO aimed to strengthen its position in Egypt and overseas markets.
November 2021: SABIC launched a full-fledged company with agility and flexibility to respond to the challenges of the agri-nutrients industry and the needs of all stakeholders. The new company adopts a distinct operating model that focuses on a number of pillars to ensure sustainable growth and offer more differentiated agri-nutrients solutions.
Granular Urea Market Report Snapshots
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