China Development Bank to Finance Potash Factory Construction in Belarus

Belarusbank and China Development Bank (CDB) have signed a credit agreement of 1.4 billion U.S. dollars for a potash project in Belarus, the state-owned Belarusian bank said in a statement. The agreement, signed on Friday [17 June 2016], stipulates the procedure for financing the project of building the mining and processing factory Slavkaliy, using raw

Beijing Engineering Company Signs MoU with Cambodian Petrochemical Company to Construct a Fertilizer Factory in Sihanoukville Province

Cambodian and Chinese companies on Wednesday [4 May 2016] signed a Memorandum of Understanding (MoU) on the construction of a chemical fertilizer plant in southwestern Cambodia’s Preah Sihanouk province. The MoU was inked here between Hann Khieng, managing director of Cambodian Petrochemical Company, and Zhang Jun, chairman of China Huanqiu Contracting and Engineering Corp…Full Article:

Guizhou-based Fertilizer Company Banking on Success in Saudi Arabia

Guizhou-based Wengfu (Group) Co Ltd, a State-owned enterprise dealing in phosphorus and chemicals, is pressing ahead with its expansion in the Middle East, in its bid to utilize opportunities presented by China’s Belt and Road Initiative. The company was founded in the 1990s, and has since mastered phosphorus mining technology, which helps it in extracting

Chinese Fertilizer Producer Buys Farmland in New South Wales, Australia

Chinese fertilizer producer Hubei Xinyangfeng has secured its first allotment of farmland outside of China, after it purchased a farm in southern New South Wales, Australia. The Chinese company, listed on the Shenzhen Stock Exchange, has pledged to spend $50 million setting up a number of locations in Australia, and began its operation by purchasing

Chinese Scientists Warn of Current Phosphorus Overuse and Potential Depletion within the Next 35 Years

China’s reserves of phosphorus, a key element for growing food, could be exhausted within the next 35 years if the country maintains its current production rate, a new study has found. However, China could delay exhausting its phosphorus reserves by more than 20 years through improving agronomic use efficiency of the mineral to the average

China Launches a Pilot Fertilizer-Reduction Program in Corn, Apple, and Vegetable Growing Regions

China is scaling back use of chemical fertilizers to cut cost and improve efficiency. Starting from this year, pilot fertilizer-reduction programs will include corn grown in the northeast and parts of north and central China, vegetables produced in north China’s greenhouses and apples grown in the northwest and Bohai Bay area, He Caiwen, an official