The Fertilizer Industry
In the urbanized rich countries of the world, fertilizer is often seen either as a smelly problem that can ruin a visit to the countryside or as a dangerous chemical best avoided. However, the annual world trade in fertilizers in the mid-1990s amounted to approximately 120 million tonnes representing some 8% of all sea-borne bulk trade. The international fertilizer trade is a very big business, ranking fourth after iron, coal and grain by value. In this new study, Murray Park explains the reasons for the importance of the fertilizer trade and describes the commercial arrangements underpinning the trade. He provides valuable insights into the major producers, production costs, the relative advantages and disadvantages of different producing regions, shipping quality control, contracts and port facilities. The book is divided into three parts. Part 1 is an overview which covers the definition of fertilizers, the history of fertilizer use and the significance of fertilizer in the world economy. Part 2 focuses on production and consumption and covers the basic structure of the industry, current manufacturing processes and an overview of the supply and demand of nitrogen, phosphate and potash and an account of the three main fertilizers in world trade urea, diammonium phosphate and standard grade potash. Part 3 considers the structure of fertilizer distribution from factory to farm, the international trade in fertilizers and future outlook especially in relation to the rapid increase in world population, particularly in the developing countries. Read this guide and find out about: Why the supply of fertilizer in many developing countries is as important as the supply of food itself; How 40% of the world's population 2.2 billion people depend indirectly on fertilizer for their daily bread; How fertilizer nitrogen provides almost all the basic protein requirements in poorer countries; Why the use of nitrogen needs to be balanced by greater use of phosphate and potash; How environmental concerns will affect the future of the fertilizer trade; How fertilizers are manufactured and the patterns of production and consumption; The organization of international trade, the major players and the outlook for the future; The fertilizer industry is aimed at a wide audience from specialists in the industry who need a wider background to new entrants requiring a training resource; governmental and inter-governmental agencies; agricultural administrators in developing countries and the financial community with interests in trading and investment in the industry.
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