524 Jan-Feb 2025
12 March 2025
Latest in Latin America
Brazil’s ANDA seeks subsidy to offset sulphur price spike
Brazil’s National Association for the Diffusion of Fertilizers (ANDA) has proposed an emergency $375 million subsidy to shield farmers from soaring sulphur prices. The proposal was presented to the government during the International Brazil Congress in São Paulo on 25 August.
Brazil approves BRL 10 billion Profert programme
Brazil's Federal Senate on 11 August approved the final text of the Profert bill (PL 699/2023), which will release up to BRL 10 billion ($1.85 billion) in tax-credit subsidies over five years to build new fertilizer plants or expand and modernise existing ones.
Capstone approves Mantoverde pyrite plant
Canada's Capstone Copper has approved a $45 million pyrite recovery project at its Mantoverde copper operation in Chile that will cut the mine's sulphuric acid consumption by around 90,000 t/y, the company said in its second-quarter results on 30 July.
Fermachem to build $1bn fertilizer plant in Durango
Mexico’s Fermachem is moving ahead with a large nitrogen fertilizer plant in Lerdo, Durango, backed by federal and state authorities and positioned as one of the largest industrial investments in the state.
Pampa approves Bahía Blanca urea FID, awards MAIRE
Pampa Energía has taken final investment decision on its long trailed Bahía Blanca fertilizer complex, confirming a $2.7 billion granular urea project that will host Latin America’s largest urea plant by production capacity.