Koch Fertilizer Trading Sarl Sucursal Uruguay (KFTU) has announced the opening of its new bonded warehouse in the port of Paranaguá, Brazil. The state-of-the-art facility – built, owned and operated by RochaLog – will be used exclusively by KFTU. With storage capacity up to 57,000 mt, KFTU intends to market and sell a variety of fertilizers from the facility.
“Our bonded warehouse in Paranaguá, Brazil will allow us to sell to our customers in any state, providing greater flexibility for them to manage their purchase planning and inventory control,” said Reinaldo Bello, managing director of Latin America Sales and Trading for KFTU. “Our customers will benefit from immediate availability and faster order fulfilment from our storage inventory, instead of waiting for products that may be delayed on a vessel waiting for a berth.”
At bonded warehouses, products are unloaded and warehoused, but treated as though still in international waters. Once the product is sold, the purchaser is responsible for all importation fees and taxes.
KFTU, based out of Montevideo, Uruguay, serves customers throughout Latin America.