Potash Ridge signs offtake MoU with GSFC Agro Tech

Published by David Rowlands, Editor
World Fertilizer, Monday, 30 April 2018 09:15

Potash Ridge Corp. has announced that it has signed a memorandum of understanding (MoU) with GSFC Agro Tech Ltd (GATL) for the supply of 50 000 tpy of SOP offtake from its Blawn Mountain SOP project in Utah, US.

The CEO of Potash Ridge, Andrew Squires, said: “Executing an MoU for supply of 50 000 tpy SOP from a 100% subsidiary of a major Indian joint sector fertilizer company is a significant accomplishment for the company and a key stepping stone in the financing and development of the Blawn Mountain project. The company has been in negotiations with other SE Asia SOEs (State Owned Enterprises) since 3Q17 and anticipates closing additional offtake MoUs in the very near future with the intent of achieving offtake commitments for a majority portion of the initial 255 000 tpy of potassium sulphate (SOP) production capacity. The company will continue to provide updates as these discussions move forward.”

Read the article online at: https://www.worldfertilizer.com/potash/30042018/potash-ridge-signs-offtake-mou-with-gsfc-agro-tech/

Petrobras approves start of reactivation of fertilizer factory in Araucária

Friday 19 April 2024 09:32

The Executive Board of Petrobras unanimously approved the initial measures for the revitalisation and future resumption of operations at the fertilizer factory Araucária Nitrogenados S/A – ANSA, a wholly-owned subsidiary of the company. The plant, located in Paraná, has been in hibernation since 2020. ?

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