Dangote’s fertiliser which operates a natural gas based granulated urea fertiliser manufacturing plant, was hit by gas pressure and supply interruption leading to low capacity utilisation rates of 32% in 2022.

However, utilization is expected to gradually improve to 72% by 2025, according to Fitch.

Sale of urea will be mostly geared towards exports to Africa, North America and Latin America, targeting 75% of production, with the balance to be sold locally.

The fertiliser business began operations in 2021 for Line 1 and Line 2 began in 2022. Dangote Fertiliser comprises of two 4,000 tons per day (TPD) urea production lines, positioning the Dangote Group as a leading manufacturer of urea fertiliser globally.

Dangote fertiliser contributed 17% to Dangote Industries Limited’s (DIL) consolidated EBITDA in 2022.

https://moneycentral.com.ng/markets/article/dangote-fertiliser-output-slumps-to-32-on-low-gas-supply/