FINANCIAL NEWS

GCC fertilizer industry to improve

18 Oct 2013

(MENAFN) The GCC fertilizer industry is expected to improve as the GCC countries plans to move towards renewable energy, The Gulf Petrochemicals and Chemicals Association, or GPCA, according to Khaleej Times.

The capacity of the GCC fertilizer production reached 31.4 million tons last year.

The industry’s capacity is expected to boost by 10 percent per year over the following five years.

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