MoneyWorks4Me

Coromandel International, Chambal Fertilizers, Indian Potash ink MoU with Canpotex

29 Sep 2022 Evaluate

India’s fertiliser companies -- Coromandel International, Chambal Fertilizers and Indian Potash have signed an MoU with Canpotex, Canada, in a significant step towards ensuring long-term fertiliser availability for the farming community. Canpotex, Canada is amongst the largest suppliers of Potash globally, exporting around 130 LMT of product annually.

As part of the MoU, Canpotex, Canada will supply upto 15 LMT of Potash annually for a period of 3 years to the Indian Fertilizer companies. This supply partnership is expected to improve the fertiliser availability within the country and reduce supply side and price vulnerabilities.

Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.

Peers