Giant investment by Toros Agri in Samsun

Jan. 8, 2016

Toros Agri commissioned its new plant investment with a value of USD 335 million that in the Samsun Production Plant in order to reduce its import dependency in raw material supply. The investment covers establishment of a new plant that will allow for production of sulphuric acid, an important raw material in the production of phosphatic fertilizer, and increasing the existing phosphoric acid production capacity and rehabilitation of the compound fertilizer (NPK) plant. The new plant is expected to decrease the import dependency of Toros Agri by USD 88 million per year. In addition, thanks to the investment converting the heat energy emitted during sulphuric acid reaction into electricity, the natural gas and electricity requirements of the Samsun Plant will be completely met. It is expected that the clean energy to be generated will contribute in the national economy by providing a saving of USD 16.7 million per year in the electricity generation and a saving of USD 5.3 million per year due to the reduction in the natural gas imports.