Uralchem to supply fertilizer to China
Russia’s Uralchem Group announced on Thursday that it has signed a memorandum of understanding with Xinjiang Golden Pomegranate Agricultural Import and Export Co. LTD, according to which it will supply fertilizer to China over the next three years.
The company said that it intends to transport 600,000 tonnes of monoammonium phosphate and NPK fertilizers to China by rail between 2024 and 2026. It added that delivering its products by rail gives Uralchem a unique advantage, since it is able to supply areas further inland.
Uralchem’s CEO, Dmitry Konyaev, indicated that the company has plans to deepen its cooperation with China, which he described as a strategic partner.
The signing ceremony took place on January 13 in the western Chinese city of Urumqi; it was attended by representatives of 130 agricultural producers said to be interested in purchasing agrochemicals from Uralchem.
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