The world needs fertilizers

| Foreign Markets |

According to a forecast by the Institute of Agricultural and Food Economics, the consumption of mineral fertilizers in 2012/13 will be higher than in the preceding season. This is good news, in particular for Azoty Group “PUŁAWY”.

Conclusions of the Institute suggest that global increase of the use of fertilizers in previous year (2011/2012) was 2.4% higher than in 2010/2011 and reached 177,000,000 tonnes of pure fertilizing agent. The growth was due to low prices of the produce on global markets and growing demand in developing countries.

If we take into account the fact that “PUŁAWY” constitutes a part of Azoty Group, the second largest manufacturer of fertilizers in Europe, the optimistic forecast marks an opportunity to expand distribution of our products in new markets. Thanks to good use of current, favorable trends in the sector, “PUŁAWY” stands a good chance to produce a profit in the current financial year.