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Canpotex Signs Long-Term Sales Agreement with Indonesia

10:25 PM MDT | September 30, 2010 | Deepti Ramesh

Canpotex, a potash export cartel, has signed a five-year memorandum of understanding with an Indonesian buying consortium for volumes totaling 3.75 million m.t. of potash. The agreement covers the period from January 1, 2011 to December 31, 2015 and represents the largest MOU signed with Canpotex’s Indonesian customers. “This MOU confirms our long-term commitment to the fast growing Indonesian market,” says Steve Dechka, president and CEO of...

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