ANDALI EXPANDS ACTIVITY IN BRAZILIAN FERTILIZER MARKET

Andali S / A, a joint venture formed by CHS Agronegócios (50%), the Brazilian arm of the largest agricultural cooperative in the United States; BRFértil Fertilizantes (26.5%); and holdings of two of the founders (23.5%) will invest R$ 150 million in a fertilizer mixer in Rio Verde, Goiás and the construction and operation of a fertilizer terminal for rail transshipment. With the investments, the company expects to double in size in the coming years. The enterprise should handle approximately 1.5 million tons of nutrients derived from potassium, nitrogen, and phosphorus annually, with a 700,000-ton mixing capacity (manufacturing the final products used by rural producers). Andali wants to take advantage of the growth of grain production in the Midwest to expand its business. When the new terminal is in full operation, the company expects to multiply annual sales from the current R$ 60 million to R$ 150 million, with an additional boost at the Rondonópolis (MT) terminal, where 900,000 tons are mixed, and 270,000 tons are currently stored to serve seven mixers. The terminal can mean cost savings for producers in the region, says Rafael Vaccari Gonçalves, Andali’s CEO.

Sources: Valor/Datamar News