K+S completes acquisition of fertilizer activities in China
Published by Angharad Lock,
Digital Assistant Editor
World Fertilizer,
K+S has successfully completed the purchase of the activities of Chinese fertilizer producer Huludao Magpower Fertilizers Co. Ltd. With this production site in China, access to the South-East Asian growth markets will be improved.
Magpower is one of the largest Chinese producers of synthetic mangesium sulfate (SMS), which is used as a fertilizer for oil palms, soybeans and sugar cane. The products produced in Huludao will complement the K+S product range through the addition of highly effective, water soluble magnesium sulfate. Amongst others this kind of magnesium sulfate has a positive effect on root development, water absorption, yields and plant quality parameters.
The site currently has a capacity of 90 000 t which can be doubled to 180 000 t in the foreseeable future.
K+S is continuing to consistently implement the management agenda. Magpower and the investment in Saudi Arabian fertilizer producer Al-Biariq are measures designed to expand the specialty business in the Potash and Magnesium Products business unit.
Read the article online at: https://www.worldfertilizer.com/sulfur/11012017/ks-completes-acquisition-of-fertilizer-activities-in-china/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Técnicas Reunidas initiates scope for Green Hydrogen and Green Ammonia production facilities in Australia
Te´cnicas Reunidas and Allied Green Ammonia have agreed to commence the first phases of a Green Hydrogen and Green Ammonia production facilities at Northern Territory, Australia.