"Twelve Five" ending nitrogen fertilizer production capacity or up to 48 million tons

At the fifth general meeting of the China Nitrogenous Fertilizer Industry Association and the “Twelfth Five-Year Plan” of Nitrogen Fertilizer and Methanol held on January 13th, the China Nitrogen Fertilizer Industry Association released the “Twelfth Five-Year Plan” for the development of nitrogen fertilizer and methanol industries. (Discussion draft).
From 2010 to 2015, the cost of nitrogen fertilizers will continue to rise in the face of increasing constraints on resource and environment and the gradual reduction of nitrogen fertilizer preferential policies. How to achieve the sustainable development of the nitrogen fertilizer industry and the task of structural adjustment of the nitrogen fertilizer industry will become even more arduous. It is estimated that by 2015, the total demand for nitrogen fertilizer will be 43.5 million tons, which will be calculated based on 90% of the production capacity. By 2015, the nitrogen fertilizer production capacity (100% pure nitrogen) will require 48 million tons. Secondly, in the methanol industry, which is facing the problems of resource environment and rising costs, the annual methanol demand will increase by 15%. By 2015, China's methanol demand will be approximately 40 million tons. Calculated according to 80% of capacity, by 2015, methanol production capacity should be controlled at 50 million tons.

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