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Ma’aden signs phosphate fertilizer supply contract

Published by
World Fertilizer,

Saudi Arabian Mining Co. (Ma’aden) has announced that it has signed a phosphate fertilizer supply contract with Bangladesh Agricultural Development Corp. (BADC).

Under the terms of the contract, Ma’aden will supply di-ammonium phosphate fertilizer (DAP) for 2018. BADC is a government owned corporation that imports fertilizers under the umbrella of the Bangladesh Ministry of Agriculture.

Khalid Al Rowais, Senior Vice President of Ma’aden’s Phosphate Business Unit, said: “We are pleased to once again offer quality, reliable fertilizer supplies to Bangladesh. We hope to demonstrate our on going commitment to the Bangladesh Ministry of Agriculture and the BADC by continuing to build on our long-term relationship for many years to come.”

Ma’aden is a key global supplier of phosphate fertilizer and currently delivers to over 20 different countries. With plans to expand in the phosphate business, the company’s phosphate fertilizer exports will reach approximately 6 million t in 2018 and 9 million tpy with the future expansions.

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