The Tobolsk company will begin the production of humic fertilizers and potassium humate from local peat by November 2023. In this respect informs TASS refers to the press service of the Investment Agency of the Tyumen Region.
“Humic fertilizers and potassium humates will be produced in Tobolsk from local peat: the products are actively used by enterprises in the road construction industry. Investments in the project will exceed 40 million rubles and 17 new jobs will be created.
The press service added that the first phase of the project has been completed. We are talking about the purchase of a production base, the implementation of the necessary repair and engineering work. Nine kinds of products were also certified.
The message stated that the first batch of goods should hit the market as early as November 2023. The main sales market will be the agricultural regions of Russia and the CIS countries. The plans also include greater access to the international market.
Financial Times, mid-January WroteDespite many restrictions, Russia managed to increase its fertilizer sales by 70% between January and September 2022 to $16.7 billion. At the same time, analysts interviewed by the publication said that this is associated with an increase in fertilizer prices on the background of a special operation in Ukraine. According to the newspaper, Russia managed to increase its profits in this segment due to the rapid increase in gas prices in Europe and the closure of factories.