Agriculture Cooperation

ICL announced a famework of 3.4 million tonnes of potash

ICL a worldwide company that produces essential minerals for the agriculture market, will transfer 3.4 million tonnes of potash to its customers in China

these agreements makes icl’s to be one of the world’s main suppliers of potash to china.
while china’s demand for potash is growing.

 

icl fertilizers maintains a critical advantage over most of its competitors in china as a result of its logistical position derived from shipping potash to china from israel’s red sea port of eilat at relatively low cost as well as its open air storage capabilities at israel’s dead sea.

 

commenting on the news, mr. nissim adar, president of icl fertilizers, said, “our new multi-year framework agreements with customers in china for 2016-2018 demonstrate once again icl fertilizers’ major role in helping to increase food supplies inchina. the quantities and multi-year terms of the agreements also reflect our strong and stable relationships in the chinese market, as well as our successful efforts to maintain – and even increase – our position in the market. we are grateful for the trust placed in icl by our customers in china and pledge to continue meeting their needs in the future.”

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