Canpotex reports that, with the conclusion of its new potash supply contracts with Chinese customers for the shipment of 1.4 million mt for August-December, the total expected Canpotex shipments to China for 2017 will be 2.1 million mt, up 500,000 mt over 2016 figures.
“Our planned shipments of 2.1 million mt represent an increase of about 500,000 mt over 2016 levels,” said Ken Seitz, Canpotex president and CEO. “This is consistent with Canpotex’s view of growing Chinese potash demand.”
Louis Dreyfus Co. (LDC) today announced the sale of its Africa-based fertilizers and inputs operations, Fertilizers and Inputs Holding BV, to Africa-focused private investment firm, Helios Investment Partners.
Acquired by LDC in 2011, Fertilizers and Inputs Holding BV distributes fertilizers, crop protection products, seeds as well as industrial chemicals throughout West Africa. The company generates approximately US$300 million in sales annually.
Louis Dreyfus said the deal will allow it to focus on forging partnerships in other geographies outside Africa. It will continue to use its Macrofertil brand to continue to deliver fertilizers and inputs products.
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