--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20231016-bolivias-president-inaugurates-new-fertilizer-plant/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Bolivia’s president inaugurates new fertilizer plant Publication Date: 2023-10-16T20:00:56-04:00 Last Updated: 2023-10-16T16:15:03-04:00 Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Bolivia’s president inaugurates new fertilizer plant](https://www.fertilizerdaily.com/wp-content/uploads/2023/10/Bolivia-president-press-release-16.10.23.jpg) Bolivian officials say the Cochabamba Granulated Fertilizer Plant will meet 100% of domestic demand for NPK fertilizers. Bolivia’s president, Luis Arce, officially opened a major new granulated fertilizer plant in the city of Cochabamba on October 13. The country’s Ministry of Hydrocarbons and Energy said in a press release that the facility will produce 60,000 tonnes of controlled-release urea and NPK fertilizers per annum. It stated that this will meet 100% of domestic demand, and that the surpluses will be sold on international markets. The Minister of Hydrocarbons and Energy, Franklin Molina, was quoted as saying that ‘this industrial plant is part of our strategy to improve agricultural productivity and become a country that is self-sufficient in the production and consumption of its own food.’ Molina noted that Bolivia has all of the raw materials it needs in order for the new plant to sustain its output of compound fertilizers. Tags: [Bolivia](https://www.fertilizerdaily.com/tag/bolivia/), [Cochabamba](https://www.fertilizerdaily.com/tag/cochabamba/), [food security](https://www.fertilizerdaily.com/tag/food-security/), [granulated fertilizer plant](https://www.fertilizerdaily.com/tag/granulated-fertilizer-plant/), [Luis Arce](https://www.fertilizerdaily.com/tag/luis-arce/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.