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RCF signs agreement with German firm's arm for supply of MoP

12 Oct 2022 Evaluate

Rashtriya Chemicals and Fertilizers (RCF) has inked long-term pact with the subsidiary of a German firm for import of 1,05,000 tonnes of Muriate of Potash (MoP) per annum in the next 5 years. The memorandum of understanding (MoU) has been signed between RCF and K Plus S Middle East FZE DMCC, which is the subsidiary of German firm K+S Minerals and Agriculture GmbH. As per the agreement, K plus S will supply 1,05,000 tonnes of MoP per annum for the period 2022 to 2025 at a discounted India specific price.

The MoP will be supplied to RCF for its captive consumption as well as for trading purposes. This quantity will fulfil 60 per cent of captive consumption requirement of RCF. The company has signed long term agreement of ensuring adequate supply of MoP at reasonable price to the Indian Farming community.

RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Government of India. The company manufactures Urea, Complex Fertilizers, Biofertilizers, Micronutrients, 100 percent water soluble fertilizers, soil conditioners and a wide range of Industrial Chemicals.

RCF Share Price

131.70 2.85 (2.21%)
17-Apr-2026 16:59 View Price Chart
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