Toronto, Ont.-Migao Corp., a leading producer of specialty potash fertilizers for the Chinese market, reports that it plans to build a new 100,000 mt/y compound fertilizer plant in Zunyi, Guizhou Province, China. Migao said one of the largest tobacco companies in China has expressed interest in purchasing large quantities of the fertilizer. The new plant will be built in two 50,000 mt/y modules, the first one expected to be completed by year’s end. The capital budget to complete the two phases, including new land use rights, is approximately C$15 million.
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