$3.2 Billion Investments Target Mexico's Fertilizer Dependency
Two major fertilizer manufacturing complexes in Mexico are underway, driven by private investments exceeding $3.2 billion from Fermachem and Gas y Petroquímica de Occidente (GPO). The projects aim to reduce Mexico's 70% dependence on imported agricultural chemicals, primarily sourced from the Persian Gulf and Russia.
The Fermachem Agro-Nitrogen Industrial Complex in Durango will produce 1 million metric tons of granulated urea annually, replacing an estimated 58% of Mexico's urea imports. The complex is expected to generate 3,000 direct and indirect jobs, followed by 450 permanent positions once operations begin.
The GPO anhydrous ammonia plant in Sinaloa will produce 2,220 tons per day, approximately 800,000 tons annually, reducing national ammonia import dependence by 70%. The project is backed by long-term natural gas supply agreements with CFEenergía and has reached roughly 80% completion.