Polysulphate, brand name for polyhalite fertilizer, is a multi-nutrient, certified organic fertilizer that enables nitrogen nutrient efficiency and deliver a low carbon footprint. ICL, currently the only producer of polyhalite worldwide, has conducted over 600 field trials of Polysulphate globally, which have resulted in significant yield increases and quality improvements in a wide variety of crops and soils.
As part of ICL’s strategy to enable and expand the adoption of Polysulphate globally, it has signed a 5-year agreement with Transkimtrade for the distribution of an aggregate of 350 000 t of Polysulphate fertilizers in the Ukraine. This follows the signing of several long-term distribution agreements that have grown ICL’s global customer base for Polysulphate and Polysulphate - based added value fertilizers and increased total contracted volumes by 1.1 million t. These include:
- A 12-year agreement for the supply of an aggregate of over 500 000 t of Polysulphate to Polcalc Sp z o.o, a major customer in Poland which uses a unique technology to produce Polysulphate-based fertilizers, creating a long-term strategic partnership to develop and market Polysulphate-based specialty fertilizers.
- A renewable annual framework agreement with 16 regional distributors in China to sell 100 000 t of Polysulphate and Polysulphate-based fertilizers.
- A 3-year agreement, with an optional one-year extension to sell Polysulphate as raw material for added value fertilizer production by Fertiberia, S.A., a leading producer and distributor in Spain.
Eli Amon, EVP IAS commented: “We are very happy with the progress we are making towards increasing the global distribution footprint for Polysulphate, as well as our sales volumes, which have grown by 50% in each of the last three years. Significant progress has been made to reach our production run-rate target of 1 million t of Polysulphate by the end of 2020, and our long-term strategic partnerships demonstrate the increasing acceptance of Polysulphate as a unique, high quality fertilizer.”
Read the article online at: https://www.worldfertilizer.com/nitrogen/10072020/icl-expands-polyhalite-distribution-network/