What are the new plans for the 13th five-year Plan in the nitrogenous fertilizer industry?

During the 12th five-year Plan period, the average sales profit margin of China's nitrogen fertilizer industry was only 2.38%, lower than the average of 4.73% of the chemical fertilizer industry, and the industry lost as much as 5.66 billion in 2014.

The 13th five-year Plan of the nitrogen fertilizer industry points out that by 2020, the total production capacity of nitrogen fertilizer will be controlled at 61 million tons, the capacity utilization rate will be increased to more than 80%, and the overcapacity will basically be resolved. The proportion of production capacity using non-anthracite as raw material has been greatly increased: the proportion of synthetic ammonia production using non-anthracite has increased from the current 24% to about 40%, while that of atmospheric anthracite has decreased from 51% to 41%. The proportion of synthetic ammonia production using natural gas as raw material has dropped from the current 22% to 17%, and the remaining 2% uses coke oven gas as raw material.

The amount of traditional urea will be reduced from 40 million tons to 20 million tons, and the reduced 20 million tons will be replaced by 10 million tons of value-added urea and 10 million tons of urea ammonium nitrate solution. At the same time, 15 million tons of nitro compound fertilizer will be developed. The product structure of chemical fertilizer production enterprises can be adjusted in these directions.