Russia-based mineral fertilizer company EuroChem and
China-based specialty potash fertilizer producer Migao have
formed a new joint venture in China named EuroChem Migao, the
companies said on Monday.
The joint venture will produce up to 60,000 tpy of potassium
nitrate (NK) and up to 200,000 tpy of chloride-free complex
fertilizers (NPK) in Yunnan, a province in southern
EuroChem and Migao will each own 50% of the Hong Kong-based
Within the framework of the EuroChem Migao joint venture, a
fertilizer production facility is currently being constructed
in Luliang, Yunnan.
A first 100,000 tpy NPK production unit is expected to be
launched as early as December 2013, with a 60,000 tpy NK
production unit and a second 100,000 tpy NPK line expected to
follow in 2014.