Consider these simple facts:
Urea is the world’s most produced chemical, at around 140 million tonnes per year.
Demand for urea is growing at 3.7% globally – higher even than the rise in population.
Available arable land has not grown since 1960 – yet, the average crops yields per hectare have increased dramatically. The average cereal yield per hectare in Europe has tripled since 1960 from 1.5 tons/ha to more than 4.5 tons/ha - in large part due to fertilizers.
Infact, around 90% of the world’s urea is used to fertilize crops.
And more than 40% of all food grown in the world is fertilized by urea.
Furthermore…the growth of non-food applications for urea has boomed in recent years, also driving demand. Applications include: biofuels, NOx reduction, UF, MUF and melamine production.
It adds up to a compelling commercial opportunity.
For those willing and able to make the investment, the rewards are considerable - especially if you choose Stamicarbon as your trusted licensing partner.
That’s aside from the strong humanitarian dimension.
We help make the material that feeds the world. Amidst the commercial aspects of manufacturing we are immensely proud of that fact. And we intend to continue our work for many years to come.
