Eurochem singed a Memorandum of Understanding (MoU) with Heilongjiang Beidahuang Farms, part of Beidahuang Group, China’s largest agricultural company for the supply of potash and NPK fertilizers.
Zug/Switzerland — The agreement will see Eurochem supply potash and other NPK fertilizers to Heilongjiang Beidahuang Farms. Specific terms are to be agreed by the parties.
The MoU was signed during a visit by Beidahuang executives to the supplier’s Usolskiy Potash Plant near Perm. At the occasion, Dmitry Strashnov, Eurochem Group CEO, noted that this Memorandum highlighted the company's determination to become a strategic supplier to China, one of the world’s most important agricultural markets.
With the full ramp-up of potash production at Eurochem Usolskiy Potash and Volga Kaliy, the company will become one of only three companies worldwide with capacity in all three key nutrient categories, providing farmers with all essential crop nutrient solutions.