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Chemical Week Magazine :: Basic Chemicals & Plastics
Recovery Rejuvenates Fertilizer Demand Growth
April 25, 2011 | —LINDSEY BEWLEY
Global demand for fertilizers is forecast to grow 3.8%/year through 2013, to 415 million m.t., driven by renewed investment after users pulled back in response to the high prices and credit issues of 2008-2009, according to a report from The Freedonia Group (Cleveland). A growing global population, increasing consumption of high-protein products that require fertilizer intensive grains, greater crop requirements for biofuel production and shrinking amounts of arable land will require farmers to improve crop yields. These factors will provide opportunities for...
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