Construction of three mixed fertilizers plants to start in Belarus in 2013

MINSK, 8 January (BelTA) - Construction of three plants to produce mixed fertilizers will start in Belarus in 2013, Prime Minister Mikhail Myasnikovich told media as he visited the construction site of a plant which will produce mixed fertilizers in Soligorsk, BelTA has learnt.

According to the Premier, it will be plants with the annual capacity of 240,000 tonnes of fertilizers each. Their construction is due to start in June 2013. The plants will be put into operation by the end of 2014. Mikhail Myasnikovich said that the country would produce about 1 million tonnes of mixed fertilizers a year. The Belarusian head of government believes that this volume will be enough for the country to satisfy its domestic needs and export the product. “It means higher prices, new markets. I believe it is the most important thing. We should take our projects onto a new platform in order to introduce new capacities. Thus, the country will be able to increase its export potential,” the PM said.

According to the Premier, the situation at the market of potash fertilizers remains complicated. China and India are no longer those premium markets they used to be in 2011. “I think we will work on the volume of the exports. We are currently working on the issue with the Belarusian Potash Company,” Mikhail Myasnikovich said.