Brazilian minister, APC executives discuss possible increase in potash exports to Brazil

4. Brazilian minister photo
Visiting Brazilian Agriculture Minister Marcos Montes during a visit to the Arab Potash Company on Sunday, May 8, 2022. (Photo: Twitter)

AMMAN — Visiting Brazilian Agriculture Minister Marcos Montes discussed with Jordanian officials the possibility of increased fertilizer exports to his country, according to a press statement.اضافة اعلان

Montes discussed with Shehadeh Abu Hudaib, chairman of the Board of Directors of the Arab Potash Company, and Maen Al-Nsour, the company’s CEO, ways of supplying his country, which is considered one of the leading agricultural producers in the world, with fertilizers needed for agriculture.

According to Abu Hudaib, APC exported about 430,000 tons of fertilizers, worth $184 million, to Brazil in the past three years.

He said the advanced position enjoyed by APC in the world potash markets, to which it exports its products, “has led to heightened responsibility and growing role in achieving global food security alongside meeting demand for fertilizers”.

He explained that APC supplies consumer markets with around 2.6 million tonnes annually, which represents 3 to 4 percent of global consumption.

Abu Hudaib emphasized the importance of Brazil, which is optimally synchronized with APC’s expansionist plans to grow its productive capacity of potash of all kinds to meet the needs of its traditional and new markets worldwide.

Nsour said that APC will increase its productive capacity of red granular potash from half a million tonnes to 1.2 million tonnes annually, which will enable the company to increase its sales to the Brazilian market in the future.

According to Nsour, APC is contemplating opening a representative office in Brazil, and increasing the production of red granular potash, “which is of a high price and brings significant returns”.

Montes said that his visit is expected to bolster bilateral trade ties with the Kingdom. He said Jordanian fertilizer is of high quality and favored by Brazilian farmers.

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