The Toyota Tsusho Corporation fertilizer plant in Eldoret, Kenya, was completed in August 2016 and had operations begin in the following weeks. The government estimated that local manufacturers of the commodity can reduce its price by up to 40 percent, mainly by the elimination of freight and handling charges associated with imports.
Mr. Awori, the executive advisor of Toyota at the time, said the multinational has invested $20 million (Sh2 billion) in the first phase of the Eldoret factory, which has the capacity to produce 150,000 tonnes of fertilizer per year. The multinational estimates that fertilizer from the plant will increase crop yields by up to 35 percent, based on feasibility studies.
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Reported in September 2014
US$1.2bn new fertilizer production plant to be built in Kenya
The Government of Kenya has signed an agreement with Toyota Tsusho Corporation, which will see the global car maker construct a US$1.2bn fertilizer plant in Eldoret, Kenya.
The project involving the construction of the new fertilizer production plant will be implemented in two phases, where the first phase will see the construction of a Nitrogen Potassium Calcium (NPK) production plant, while the second phase will see Toyota construct a plant for the production of Diammonium Phosphate (DAP), urea and Calcium Ammonium Nitrogen (CAN) fertilizers – the first production for the latter is expected to be in 2016.
Construction works for the fertilizer production plant project are expected to commence by end of this year. The first production units of NPK fertilizer are to be realized next year. The plant is expected to increase the availability of the product in the country, and shield farmers from exploitation resulting from hiked fertilizer prices by suppliers, which in turn causes food prices to hike.
The government will provide the land and infrastructure needed for the construction of the plant. Toyota Tsusho Corporation will, in turn, finance the project as a private venture. The fertilizer production plant is strategically located in Eldoret due to the immense agricultural activities that take place in the area. Due to this, NPK is largely consumed here. It is one of the country’s main food baskets.
The mission of the Toyota Tsusho Group is to continually address the ever-changing needs, develop new business models, and continue offering unprecedented added value to contribute to the creation of an enriched society.
Reported in September 2015
Toyota Tsusho sponsored the construction of a fertilizer plant in Kenya to start
A US$ 1.2bn fertilizer plant in Kenya is set to be constructed in a move that will see the cost of the farm input reduce significantly.
The fertilizer plant in Kenya which received funding from the Kenyan Government and Toyota Tsusho East Africa through a Public-Private Partnership (PPP) is expected to ease the manufacturing, distribution, and supply of fertilizer.
“We expect the cost of production of fertilizer to reduce significantly upon completion of the local plant. It is estimated that 40 percent of the cost of fertilizer is due to freight and port handling charges,” said the Vision 2030 Delivery Secretariat acting Director, Prof Gituro Wainaina.
The new fertilizer plant is also expected to be a solution to food insecurity which threatens an estimated 10 million Kenyans.
The project construction will be implemented in two phases, where the first phase will see the construction of a Nitrogen Potassium Calcium (NPK) production plant, while the second phase will see Toyota construct a plant for the production of Diammonium Phosphate (DAP), urea and Calcium Ammonium Nitrogen (CAN) fertilizers – the first production for the latter is expected to be in 2016.
The fertilizer production plant is strategically located in Eldoret due to the immense agricultural activities that take place in the area.
