Faced with the international crisis that threatens agriculture, Fertilizantes PazdelRío aims to strengthen its capabilities
In the first quarter, it approached 20,000 tons Photo: Courtesy/Fertilizantes PazdelRío
TL;DR
- Fertilizantes PazdelRío aims to strengthen its national supply of fertilizers, as Colombia imports about 90% of its needs.
- The company projects sales to exceed 70,000 tons by 2026 and enter the top 10 sector players by volume.
- Their strategy includes expanding into the Llanos, Altillanura, and Caribe regions.
- Utilizing 'Thomas phosphates,' a byproduct of steel production, PazdelRío offers a local, circular economy solution.
- International geopolitical tensions and logistical issues, like the Russia-Ukraine conflict, have increased price pressure and reduced availability of imported fertilizers.
- Fertilizers constitute 30-35% of agricultural production costs, and recent increases are impacting producer profitability.
- PazdelRío's locally produced fertilizers offer price stability compared to imported alternatives.