Brazilian fertilizer company Heringer has resumed operations in the state of Sergipe. The mixing unit’s installed capacity is about 450,000t/year, however the company has not said when they will be able to reach this total. Heringer expects to open another unit in Goiás, by the third quarter of this year. The units of Sergipe and Goias are expected to increase the storage capacity of the company to 638,000t/y. The unit in Sergipe was built in 2005 to supply the states of the Northeast region, as well as the states of Pará, and Tocantins, in the North region. Production has been suspended since January 2019, for legal issues. The government of Sergipe will grant tax benefits to Heringer until 2028. Heringer’s market share is equivalent to about 8% of the Brazilian fertilizer market. Heringer’s shipments reached 1.3 million tons in 2020, an increase of 12% over 2019.
Sources: Argus Media/Siacesp (*Translated by Ia Niani)