Potash Ridge signs over Valleyfield Fertilizer assets
Published by Claire Cuddihy,
Assistant Editor
World Fertilizer,
Toronto-based fertilizer producer, Potash Ridge Corp., has signed a non-binding Letter of Intent (LOI) with Canada Coal Inc. which will enable the purchase, joint venture or any other form of transaction that may be mutually acceptable to both parties for the assets of Valleyfield Fertilizer Corp in Quebec.
The LOI contains no proposed terms or compensation for any potential transaction between the two parties. The LOI allows for a 90-day period of exclusivity, which will allow both parties to exchange information and maintain confidentiality as each party seeks to determine whether mutually beneficial business opportunities may exist.
Read the article online at: https://www.worldfertilizer.com/potash/20112017/potash-ridge-signs-over-valleyfield-fertilizer-assets/
You might also like
CF Industries announces emissions reduction project at Yazoo City
CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.