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Regions :: Middle East :: Saudi Arabia

GCC fertilizer industry grows more than double global average

1:22 AM MDT | July 7, 2014 | Natasha Alperowicz

The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) said today, ahead of its fifth fertilizer convention in September. According to GPCA estimates, the Gulf Cooperation Council's (GCC) fertilizer production capacity reached 42.7 million m.t. in 2013, a 4% increase from the previous year, while the global fertilizer industry grew by just 1.7% in the same period. Capacity grew as several...

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