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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
EuroChem and Migao form fertilizer joint venture in China
6:18 AM MST | December 13, 2013 | —Natasha Alperowicz
EuroChem (Moscow), Russia’s largest producer of fertilizers; and Migao (Toronto), a specialty potash fertilizer producer, have confirmed plans to establish a fertilizer production joint venture in China. The companies first announced the plans in July. The 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, Yunnan Province. EuroChem and Migao will each own 50% in the jv. The project will require an investment of $36 million; each partner will...
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