Yara Ghana invests $15 million into Fertiliser Terminal and Blending facility

Monday 18th February, 2019
Economics Yara Facility

Accra, Feb. 18, GNA - As part of its commitment to the development of the agricultural sector in Ghana, Yara International ASA has invested more than $15 million into a new fertiliser terminal and blending facility in Tema.

This terminal, with a storage capacity of over 50,000 tonnes and blending and bagging production rate of more than 100 tonnes per hour, would facilitate the ready supply and availability of premium crop nutrition solutions to Ghanaian farmers, enabling them to enhance their productivity and livelihoods.

The new Terminal would be formally opened on 20th of February 2019 with an inaugural ceremony.

With the increasing recognition of Ghana as a hub for trade and investment in the West Africa Sub Region and the African continent in general, the new terminal opens several opportunities to the country, Managing Director of Yara Ghana, Mr Danquah Addo-Yobo said in a statement.

“This terminal facility will make Ghana a hub for the supply of fertiliser inputs within the Sub-Region and contribute to employment and revenue generation to the State”.

He noted that though wholly financed by Yara, the timing of the completion and inauguration of the facility, also fitted into the

Government’s programme of One District One Factory (1D1F) for the country.

It will also strongly position Yara Ghana to support the Ministry of Food and Agriculture‘s Planting for Food and Jobs initiative through the timely supply and ready availability of fertiliser products for the farming community, he noted.

“This goes to show Yara Ghana’s commitment to support the Government in its drive to develop the agricultural sector and the country as a whole,” he added.

Yara Ghana Limited is a member of Yara International ASA, which is a Norwegian corporation and one of the largest mineral fertiliser companies in the world with a long presence in Africa, and strong commitment to contributing to rural development, agricultural growth and professionalism, making agriculture attractive to the youth.

“Yara's knowledge, products and solutions grow farmers' and industrial customers' businesses profitably and responsibly, while nurturing and protecting the earth's resources, food and environment.

“The company’s fertilisers, crop nutrition programmes and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. We foster a culture that promotes the safety of our employees, contractors and societies”.

Founded in 1905, to solve emerging famine in Europe, today, Yara has a World-wide presence, with more than 16,000 employees and sales to more than 150 countries.

Yara Ghana was established in 2007 to strengthen the quality and depth of inputs supply and related services along the agricultural value chains to increase the productivity of Ghanaian farmers.

It provides high quality products for the cereal farmers as well as for the cocoa sector.

Yara Ghana, a market leader in fertilisers in Ghana, has a wide distribution network across the regions in Ghana.

GNA