Thursday, 9 August 2012
Vanadzor-Chemprom May Meet Local Market Demand For Potash And Nitrogenous Fertilizers
During the press conference that followed today’s cabinet sitting, Deputy Minister of Agriculture Grisha Baghiyan talked about the process of local production of fertilizers and the expected results.
The Deputy Minister noted that no chemical fertilizers have been used in Armenia over the last 20 years. According to G. Baghiyan, Vanadzor-Chemprom CJSC will be producing nitrogenous and potash fertilizers from this September. The company will be supported by the Ministry of Agriculture and the Ministry of Energy and Natural Resources in organizational, marketing and expertise terms.
The Deputy Minister informed that the actual local demand for fertilizers is 33-35 thousand tons a year. For the time being, Vanadzor-Chemprom can produce 15 thousand tons to be taken to 35-40 thousand tons over time. “In other words, we can meet the local market demand for potash and nitrogenous fertilizers, which will be of higher quality and quite affordable,” G. Baghiyan said.
Mr. Baghiyan recalled that on July 3, 2012, Minister of Agriculture Sergo Karapetyan and Minister of Energy and Natural Resources Armen Movsisyan signed a Memorandum of Understanding, which provides for support to Vanadzor-Chemprom CJSC in its effort to resume the production of chemical fertilizers.
Details available in the audio material
