Norway-based Intex Resources Phils., Inc. (IRP) plans to produce ammonium fertilizer totalling to 200,000 metric tons (MT) yearly as a by-product in its nickel production.
IRP will run Philippines biggest fertilizer plant with the redesign of its nickel plant.
The company will help displace Philippines fertilizer import which from January to November 2008 reached to $ 524.02 million. Of this import, $ 182.1 million consisted of urea fertilizer. The greater bulk of $ 341 million was non-urea fertilizer which IRP’s ammonium fertilizer will help substitute.