State-owned Indonesian fertilizer producer Pupuk Indonesia, state-owned Malaysian fertilizer producer Petronas, and Bruneian fertilizer producer Brunei Fertilizer Industries (BFI) have announced the formation of the Southeast Asia Fertilizer Association at the Argus Asia Fertilizer Conference in Bali today.
The association aims to address regional fertilizer-related issues through a formal industry body and to present a more unified voice on market and policy developments. This includes strengthening food security in the region and to support low-carbon, sustainable agricultural production, said Rahmad Pribadi, chief executive of Pupuk Indonesia.
Southeast Asia faces mounting challenges in agriculture, including emissions linked to rice cultivation, which accounts for around 1pc of the global carbon dioxide emissions output. The association aims to promote best practices among farmers in the region, particularly in rice production, said Dr Harri Kiiski, chief executive of BFI.
The group will also focus on safeguarding fertilizer supply across the region and supporting a more stable market environment, including for urea in the Asia Pacific region.
