Oman Oil Company mulls USD 3.5bn fertilisers plant in Devnia

Oman Oil Company may build a USD 3.5bn plant for fertilisers and chemical products in the north-eastern town of Devnia , municipality mayor Atanas Kuzov unveiled. The facility would be located on 700,000 square metres of land. The plant will compete with Agropolychim, which is located in Devnia as well. Agropolychim is one of the biggest producers of phosphoric and nitric fertilizers in Southeast Europe, exporting about 75% of its overall annual output mainly to Turkey , Greece and the US .