Keytrade AG reports that it has signed a Memorandum of Understanding (MoU) with Sinochem Fertilizer Co. Ltd., China’s largest fertilizer supplier and distributor, to market Sinochem’s fertilizer products in Latin America and Africa.
“Sinochem Fertilizer has a well-deserved international reputation for the high standard quality of their products, and this agreement reinforces Keytrade AG’s commitment to supply our customers the finest fertilizer available,” said Melih Keyman, Keytrade president and CEO. “We are very proud to be associated with Sinochem Fertilizer Co. Ltd. to embark on such an important mission. This marks a new high point in our long established relationship with Sinochem.”
Keytrade is a global fertilizer trading company headquartered in Switzerland. CF Industries Inc. acquired 50 percent of Keytrade in 2007, and since then Keytrade and its subsidiaries have been exclusively exporting CF’s phosphate fertilizer in the international markets. Keytrade has also been responsible for exclusive imports of UAN into North American markets.
In 2011, Keytrade diversified and expanded its global trading activities by adding grains, meals and proteins, and other related agricultural commodities to its portfolio.