EuroChem will provide China fertilizers

06.06.2017

The largest manufacturer of mineral fertilizers extend fertilizer production in China and will consider their sales in the Chinese market, writes the press service of "EuroChem"

In the framework of St. Petersburg International Economic Forum "EuroChem" company H. K. Migao, which owns together with the Group joint venture "EuroChem Migao", signed a Protocol of intentions for the production, distribution and sales of fertilizer in China jointly with the Yunnan Tobacco Company and the people's Government of the city of Qujing (Chinese province Yunnan).

Under the Protocol of intent the parties will explore the possibility of joint construction of the second line for the production of potassium nitrate project with capacity of 80 thousand tons on the basis of "EuroChem Migao". Also in the future, consider the construction of a plant for production of water soluble complex fertilizers (NPK).

In addition, the parties intend to consider the marketing of these products in China. The authorities of the city of Qujing have confirmed their intention to fully support these initiatives.

The first production line of the fertilizer joint venture "EuroChem Migao", Lulan, Yunnan province, started in 2013, which produced 100 thousand tons of compound fertilizers per year and 70 thousand tons of potassium nitrate annually.


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