Toronto-Migao Corp., a leading producer of specialty potash fertilizers for the Chinese market, and Sociedad Química y Minera de Chile S.A. (SQM), Santiago, Chile, the world’s largest producer and distributor of potassium nitrate, have announced the start of production at the newly constructed potassium nitrate joint venture in Sichuan, China. Migao and SQM jointly own the jv 50-50. It will distribute any exports of potassium nitrate produced by Migao or the jv, as well as any imports of SQM’s potassium nitrate to China. “This comes at a time when fertilizer demand is outpacing supply in China. This is especially evident in the specialty potash-based markets we supply,” said Mr. Liu Guocai, Migao’s CEO. “This venture with SQM further reinforces our dominant position as China’s largest potassium nitrate producer.” The new 40,000 mt/y potassium nitrate production capacity from the jv is in addition to Migao’s 80,000 mt/y production at its wholly owned Sichuan Migao facility.
Transparency Across the Fertilizer Value-Chain