Brazil’s Vice President Geraldo Alckmin said on Tuesday that President Luiz Inácio Lula da Silva is expected to sign a bill aimed at strengthening the domestic fertilizer industry.
The legislation, approved by the Senate earlier this month, includes measures to support new fertilizer manufacturing plants and modernization of existing facilities. Alckmin announced the sanctioning during a sector congress in São Paulo, though no official confirmation was provided by the presidency.
The bill establishes a phased national blending requirement, mandating that fertilizers sold in Brazil incorporate a minimum share of domestically produced inputs. The requirement will start at 2% next year and rise gradually, reaching 10% within several years. Brazil, one of the world’s largest importers of fertilizer inputs, has prioritized reducing reliance on foreign supplies amid global supply chain uncertainties.
Over a five-year period, the program will allocate up to 10 billion reais ($1.8 billion) in subsidies to support investment in new plants or expansions of existing facilities. The initiative forms part of broader efforts to enhance food security and stabilize agricultural production costs in the country.
