CIBRA COMPANY TO INVEST IN NEW FERTILIZER FACTORY TO SERVE BRAZIL’S NORTHERN AGRICULTURE

Cibra Fertilizantes, a company based in Bahia, whose partners are the American Omimex and British Anglo American groups, took the first steps to build a factory in São Luís do Maranhão, less than 10 kilometers from the port of Itaqui. Earthworks on the 100,000 square meters area of the new mixer’s area began last week, and the unit will have the capacity to manufacture 500,000 tons of nitrogen, phosphate, and potassium-based fertilizers per year – a group of macronutrients known as NPK. The project is scheduled to be completed in December 2023. The company plans to serve mainly farmers in the so-called “Matopiba” region comprised of the states Maranhão, Tocantins, Piauí, and Bahia, the latest agricultural frontier developed by Brazil. A “small area” of Mato Grosso may also receive fertilizers from the new plant, even though the company is finalizing the construction of a similar factory in Sinop, in that very same state.

Sources: Valor Econômico/Datamar News