Industry Insights: Resource Independence

Brazil strives for self-sufficiency

“The Ukraine crisis highlighted Brazil’s vulnerability in potassium and phosphate supply, most of which is imported. A strategic planning opportunity arises here, particularly regarding the taxation differences between imported and domestically produced fertilizers.”

Luiz Vessani, President, EDEM Projetos

“Although Brazil has a huge potential to increase fertilizer production, the country is still far from self-sufficient. The good news is that the country continues to move forward.”

- Felipe Coutas, Country Manager, Itafos

“One of the barriers to fertilizer self-sufficiency is the difference in tax treatment between imports and domestic production. Second, infrastructure deficiencies make it difficult and costly to transport products from mineral concessions to agricultural areas. Third, there are inconsistencies in federal and local regulations that make the permitting process for developing projects lengthy and complex.”

Corrine Ricard, President, Mosaic Fertilizantes Brasil

Background image courtesy of Mosaic

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Section 3: Engineering, Consultancies and Construction