OREANDA-NEWS. April 19, 2012. A conference “Current state and trends in development of international markets of mineral fertilizers and related industries” opened in Tashkent.

The two-day conference has been organized by the International Fertilizer Industry Association (IFA) in cooperation with Uzkimyosanoat state joint stock company.

The representatives of the largest companies in the production and distribution of fertilizers, appropriate types of raw materials and intermediate goods, leading experts on the study of all segments of the market from 30 countries took part in it.

The forum is aimed at discussing modern trends in global and regional fertilizer markets, as well as issues of production and ecologic security in this industry sector.

During the conference, the participants can familiarize with production, investment and export potential of chemistry industry of Uzbekistan.

IFA has some 540 members in 86 countries of the world. About half of the membership are operating in the developing countries. IFA member companies represent all activities related to the production, trade, transport and distribution of every type of fertilizer, their raw materials as well.

The global fertilizer industry produces some 170 million tonnes of fertilizer nutrients annually. These are used in every corner of the globe to support agricultural production. There is no substitute for the nutrients absorbed by crops. As a major source of these, fertilizers therefore represent an essential ingredient in the drive towards world food security.

According to the Director General of IFA Luc Maene, Central Asia has huge potential in the economic development and organization of the conference in Tashkent is connected with that Uzbekistan is important and active participant of mineral fertilizers market. The forum will help to determine further expanding of mutual beneficial cooperation.

At the conference, it was noted that Uzbekistan’s chemical industry pays great attention to security and ecologic issues. The country implements a complex of measures in this direction. Uzbek chemical enterprises also implement six projects directed at reducing greenhouse gas emission.

Measures accepted in Uzbekistan aimed at sustainable growth of national economy, the creation of modern facilities for the production of high quality and competitive products aroused great interest in all participants of the conference.