Arab Potash has said the terms and conditions are in line with contracts in place in the Indian market.
The company's consolidated net profit after tax for the quarter ended 31 March 2020 was US$30.8 million, compared to US$14.58 million in the quarter ended 31 March 2019.
ICL will supply an an aggregate 410 000 t of potash to Indian Potash, with mutual options for an additional 30 000 t, to be supplied through December 2020.
Canpotex has agreed to a contract with Indian Potash for potash shipments through to 31 December 2020, at a price of US$230/t on a CFR basis.
Chambal Fertilizers and Chemicals (CFCL), Gadepan, India, has successfully commissioned a new plant using KBR’s PurifierTM ammonia technology.
Stamicarbon will deliver for Talcher Fertilizers the process design package for a 3850 tpd melt and prilling plant in the state of Odisha.