12th Agro Bangladesh Expo 2024

  • Featuring
  • Plant Genetics
  • Horticulture
  • Farm Mechanization
  • Irrigation
  • Soil & Water Conservation

  • Fertilizers & Chemicals
  • Water Resources & Chemicals
  • Pests & Pathogens
  • Storage & Refregeration
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November, 2024

International Convention City Bashundhara (ICCB) Dhaka, Bangladesh.

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Fertilizers And Chemicals

In Bangladesh, balanced fertilization has been started for sustainable higher yields to avoid imbalanced application of chemical fertilizers, which is one of the key obstacles to the sustainable development of agricultural production. According to the local newspaper, In FY 2018-19, 5.5 million metric tonnes of fertilizer was used in the country, of which 2.55 million metric tonnes are urea and the rest are non–urea fertilizers.
At present, Bangladesh is planning to set up a massive urea fertilizer plant named the Ghorasal Polash Urea Fertilizer Project at a cost of $1.3 billion, equivalent to over Tk 11,000 crore, by availing the finance as a loan from the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ (MUFG Bank) and Hong Kong and Shanghai Banking Corporation (HSBC). Moreover, the government decided to reduce the price of Diammonium Phosphate (DAP) fertilizer to Tk16 per kg from Tk25 for the wellbeing of the farmers as well as for the dealers, the price has been reduced to Tk14 from Tk23 per kg.
Bangladesh Chemical Industries Corporation (BCIC) operates six urea fertilizers, one ammonium sulfate, and two DAP (Diammonium Phosphate) plants. A joint venture between the government of Bangladesh and foreign companies named as Karnaphuli Fertilizer Company Limited (KAFCO), produces urea fertilizer and extra ammonia product for export. The total installed capacity of seven plants is 2.8957 million tons of urea and 1.8867 million tons of ammonia per year. The yearly capacity of ammonium sulfate plant is 0.01 million tons, a research says.

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