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EuroChem and Migao form fertilizer joint venture in China (Update)
1:16 PM MST | December 3, 2013 | Natasha Alperowicz
EuroChem (Moscow), Russia’s largest fertilizer producer, and Migao Corp., a specialty potash fertilizer producer headquartered in Toronto and listed on the Toronto Stock Exchange, have confirmed their plans to establish a fertilizer production joint venture in China. The companies first announced the plans in July. The new jv, EuroChem Migao (Hong Kong), will produce 60,000 m.t./year of potassium nitrate (NK) and 200,000 m.t./year of chlorine-free NPK complex fertilizers at Luliang in Yunnan Province. EuroChem and Migao each own 50% in the jv. The...
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