Skip to main content

Russia's chemical company PhosAgro to supply 2 million t of fertilizer to India

Published by
World Fertilizer,


An agreement between Russia's PhosArgo and India's Indian Potash Ltd (IPL) along with RDIF, will see the supply of 2 million t of fertilizer to India.

The Economic Times states "Russia's Phosagro will supply 2 million t of fertilizer to India worth $1 billion the company said in a joint statement with Russia's RDIF sovereign wealth fund on Friday with deliveries expected to take place between 2019 and 2021."

PhosArgo has supplied roughly 1.2 million t of product to India since 2016.

The agreement "will increase the volume and expand the range of phosphorus-based fertilisers supplied to India," said Phosagro CEO Andrey Guryev.

Read the article online at: https://www.worldfertilizer.com/special-reports/08102018/russias-chemical-company-phosagro-to-supply-2-million-t-of-fertilizer-to-india/

You might also like

Rabobank expects fertilizer prices to remain low over next six months

The plummeting cost of raw materials, growing production capacity, and mediocre demand have pressured global price indicators of nitrogen, phosphate, and potash to fall either to or near ten-year lows, according to Rabobank’s Semi-Annual Global Fertilizer Outlook.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

India fertilizer news


 

World Fertilizer is not responsible for the content of external internet sites.