Nitrogen Chemicals of Zambia (NCZ) in Kafue says it is set for this year’s production of fertilizer for the 2008/9 farming season.
NCZ Sales and Marketing Manager Munshya Tyetye told ZANIS in an interview today in Kafue that the company has already opened tenders for the supply of raw materials for the production of ‘ compound D’ fertilizer.
He said companies from both within and outside the country had already started bidding for the supply of the raw material that include Ammonium sulphate.
Mr. Tyetye said the company this year is targeting to produce 60,000 metric tonnes of D compound fertilizer which is used as basal dressing.
He said the company has already started sourcing for partners from outside the country to finance the production.
As a way of ensuring the company starts producing the commodity in time, Mr. Tyetye said the company is discussing with some of its major clients of fertilizer to pay towards the commodity in advance so that finances can be secured to start producing the commodity.
He said the company is not however ruling out government’s financial backing which is expected to facilitate the rehabilitation of some of the plants at the company.
He said the company was still in dire need for funds to enable it operate fully adding that the company is still seeking ways to overcome some of the challenges it is facing.
Mr. Tyetye also disclosed that the company is vigorously working hard to ensure it revives its ammonium nitrate explosives making plant so that NCZ can start supplying explosives to the mining companies .
He said currently there is a huge market for explosives in the country following the growth in the mining sector.
Mr. Tyetye said the mining industry is currently importing explosives due to lack of companies that can produce them.
He said the company wants to ensure that it wins the market of supplying the explosives.
Mr. Tyetye said rehabilitation works at the ammonium nitrate plant have reached an advanced stage and it is expected to be ready for operation by mid of this year.
He said the supply of the explosives is a very lucrative business which can see NCZ come out of its doldrums.