There
are many well-known fertilizers’
companies in Egypt, which provide top quality products. They export their
fertilizers to many other parts of the world. Phosphate rock fertilizer of Egypt is exported by the companies to
other countries in the world. Phosphate rock fertilizer is contained in full
vessels and containers and it is supplied in bulk quantities to various other
countries of the world.
Mining
is the backbone of Egypt. There are many minerals that are found in Egypt.
Coal, iron ore, tantalite and phosphate rock fertilizers in Egypt are found in abundant quantities. In spite of
the wide price fluctuations that occur in the prices of phosphate rock
fertilizer, their production is a boom in Egypt. These fertilizers are used as
nourishments for the plants which are a source of fruits and other many
valuable things.
Phosphate Rocks
Phosphate
rocks are nothing but sedimentary rocks which are rich in those minerals that
have a high content of phosphate in them. The percentage of phosphate present
in these minerals can range from 15% to 20%. The traditional sedimentary rocks
contain phosphate only to the tune of 0.2% and sometimes even less than this.
The presence of these high phosphates containing rocks has been the main reason
for the growth of the phosphate fertilizer industry in Egypt. The quantities of
this fertilizer produced are so high that Egypt is also one of the leading
exporters of the phosphate fertilizer in the world.
Petroleum Products
The
increase in the production of these fertilizers has led to an increase in the
demand for petroleum products. This increased demand is made even more acute when
it is culminated with an increased domestic demand for the petroleum products. In
spite of some serious efforts by the Egyptian government to promote the use of
natural gas like crude oil, as a substitute for petroleum products, the use of
petroleum products cannot be dispensed with.
Most
of the fertilizer companies are buying these Petroleum
Products Online in Egypt. The reason behind this move is quite apparent.
The shortage in the supply of domestic petroleum products in comparison to the
increased demand has led to a huge demand and supply gap in the country,
forcing fertilizer manufacturers to buy their requirements online from other
suppliers.
Tackling Petroleum Crisis
The
government of Egypt has been making concerted efforts to tackle this problem of
shortage of petroleum products. Besides, encouraging fertilizer companies to go
in for natural gas as a replacement for petroleum products, the government has
also signed more than two hundred agreements in the field of exploration of
petroleum products in Egypt. This increased exploration activity in the past
two decades has led to the discovery of many new natural oil reservoirs as well as crude oil fields. The discovery of
these crude oil fields and natural gas reservoirs has helped in the Egyptian
economy a lot. Thanks to these discoveries the Economy of Egypt has seen some major
boosts. The diversified nature of the fertilizer industry in Egypt has led to
it being touted as one of the ten most emerging markets of the world.
