United Capital Fertilizer inks US$531M deal for its Second Production Plant
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UNITED Capital Fertilizer Company Zambia Limited (UCF) has sealed a US$531million deal for an extra ultra-modern production plant to be built by Wuhuan Engineering, Production and Construction firm of China, reports *Francis Lungu* . The ultra-modern second fertilizer plant will be producing a combined 480 metric tonnes of ammonia and urea fertilizers annually. UCF which was established in 2021 as a subsidiary of the Wonderful Group of Companies Limited, constructed it’s first multi-purpose fertilizer plant in Lusaka west at an investment cost of US$138million with an annual production capacity of 300,000 metric tonnes. This project was completed in September this...