The plan that will contribute the world’s agriculture
The Haifa Group's plan to double its production capacity significantly contributes to increasing agricultural productivity.
Following a growing demand to Haifa’s specialty plant nutrition solution and the expansion of its product range the Group released a Five-Year Plan “Haifa 2024”. The plan aimed at doubling the group's production capacity and enable production of new advanced products.
What does the Five Year Plan include?
The Haifa Group will invest approximately US$ 350 million in infrastructure and facilities for the production of special fertilizers, including investment in an ammonia production facility - a key raw material in the Haifa Group's production process. Construction of the facility is expected to be carried out as part of an industrial project considered one of the largest in the state of Israel.
The new ammonia facility will be part of a greater industrial complex that Haifa will establish in Mishor Rotem, Israel, and it will include a power plant that will serve the Haifa Group plant. All of these will contribute to the growth momentum of the industrial park in Mishor Rotem, for the benefit of the entire region.