Marcelo Silvestre, CEO of Galvani, participates in a strategic panel on the investment scenario

Galvani, a 100% Brazilian company and leader in the production and distribution of phosphate fertilizers in the Matopiba agricultural region, was present at the 10th Brazilian Fertilizer Congress, held by the National Association for Fertilizer Diffusion (ANDA). The event brought together the main executives and opinion leaders who work in the fertilizer market to analyze and debate topics relevant to agribusiness, ESG and Innovation practices and expectations for the sector.

Galvani's CEO, Marcelo Silvestre, was invited to the panel on “The National Fertilizer Plan and investment opportunities", which, in addition to dealing with the strategic aspects of the PNF, addressed the challenges and achievements of the sector in the country During the presentation, the executive highlighted the company's investments of R＄ 2,5 billion to expand the production of phosphate fertilizers until 2026 and reinforced that the PNF brings important visibility to investment and national policy, in addition to expanding dialogue between the public and private sectors.

The expansion plan of Galvani, a company that has been operating in the fertilizer sector for over 50 years, aims to reduce national dependence on imports of phosphate fertilizers. To achieve this, the company will expand its presence in the North and Northeast regions and achieve a production of more than 2 million tons of fertilizers. The company is investing in doubling the capacity of the fertilizer factory in Luís Eduardo Magalhães (BA), in the new phase of mining at the Irecê unit (BA) and in the implementation of the Santa Quitéria Project, a mining-industrial complex to be developed in Santa Quitéria (CE ).

Recently, the vice-president and minister of Development, Industry, Commerce and Services (MDIC), Geraldo Alckmin, who virtually participated in the opening of the Brazilian Fertilizer Congress, celebrated Galvani's growth plan in a social media post, considering the news as "good news".

In addition to presenting Galvani's plans for the sector, Marcelo Silvestre commented on the company's potential in relation to technology and innovation. “Our three mining processes (Angico dos Dias, Irecê and, in the future, Santa Quitéria) are dry – that is, they do not use tailings dams. This is a very big competitive advantage, which we were able to develop internally. We are one of the only companies in the world that can produce this concentration of phosphate dry”, says the executive.

The panel, which was also attended by Bruno Fonseca, analyst at Rabobank Brasil, João Pieroni, superintendent of Productive Development, Innovation and Foreign Trade at BNDES, and Leonardo Durans, director of Development of the Input and Intermediate Materials Industry at MDIC, It also addressed topics such as regulation, challenges and prospects for the sector in Brazil. For Marcelo Silvestre, the expectation of growth in the production and distribution of fertilizers in the country increases attention around some challenges faced by the sector, such as the lack of specific financing lines for producers of these inputs. “Incentivized infrastructure debentures, for example, could be a benchmark for our sector”, he comments.

Another important topic, highlighted by the CEO of Galvani, is the sector's achievement on the tax issue, especially the ICMS, which placed more burden on national products to the detriment of imported ones, and the change from Agreement 100 to Agreement 26. “Today , we have a scenario of equality that helps the national industry. And we have to ensure that, even with a tax reform, this remains the case”, adds Marcelo Silvestre.