Toronto-Migao Corp., a producer of specialty potash fertilizers for the Chinese market, has announced that it will be constructing a new potassium sulfate fertilizer production facility in Shanghai. Shanghai Migao will initially produce 40,000 mt of potassium sulfate for high value crop customers, particularly the fruit and vegetable growers who supply the lucrative, quality-conscience Shanghai and east coast markets. Migao has received all preliminary approvals from local government agencies to begin construction. Construction will commence in late November 2006, and is scheduled to be completed and put into production within 12 months. The Shanghai property secured by Migao covers an area that is large enough to expand the potassium sulfate production to another 40,000 mt. The new wholly owned subsidiary is Migao’s fourth production facility in China, and is eligible for tax breaks similar to Migao’s first three facilities. The new plant, when fully operational, will also produce nearly 100,000 mt of hydrochloric acid as a byproduct. With the addition of Shanghai Migao, the company will be producing close to 300,000 mt of potassium nitrate and potassium sulfate. Current fertilizer production is spread across Migao’s three operating subsidiaries ?Çô Sichuan Migao, Guangdong Migao, and Liaoning Migao.
Transparency Across the Fertilizer Value-Chain