Interagro has under development, in partnership with the American group Nitron, an investment of approximately 22 million euros for the construction of a mixed terminal, of imports and exports, of fertilizers in the Danube port of Zimnicea. The terminal is already in the final phase of development – with a deadline in 2020, will extend on 3 hectares and will have an initial capacity of 350 – 400,000 tons, for export and about 150,000 tons for import. In the time horizon 2022, an export capacity of over 1 million tons is estimated.
The fertilizers to be marketed through the Zimnicea terminal are of the nitrogenous type (urea, ammonium nitrate, nitrocalcar, liquid fertilizers), phosphatic/ complex and potassium based.
The Interagro investment is of joint venture with Nitron (which is also the main international export partner of Interagro), which will provide, for imports, fertilizers DAP and TSP, of US and Mexico production (also with US technology).
“We chose Zimnicea for this investment because it is the most modern port on the Danube, on the Romanian territory, having a vertical dock and being able to operate 12 months a year, regardless of the fluctuating level of the river. In addition, most of the assets already existed and are owned by us. The main market served, on import, will be Romania (Zimnicea is right in the center of the Romanian Plain, including Baragan) and through very easy access to all three forms of transport, the goods can be taken anywhere in Romania, Bulgaria, Serbia, Hungary, including Ukraine, on barges,” says Ioan Niculae, President of Interagro.