Belarusian Potash Company (BPC) has signed a five-year agreement with China-based Sinochem Group to supply new potash fertilisers to the Chinese market. Under the deal, granular potash fertilisers will be made using the halurgic method, which produces a white muriate of potash (MOP) with the addition of zinc and sulphur. A total of 700,000t of product will be sold to the Chinese market over a period of up to five years from 2019, with a market review every year. BPC Sales and marketing deputy director general A Polyakov said: “The relations of Sinochem Group and BPC is a real strategic partnership, based on a long-term experience of successful collaborative work. It is noteworthy that the signing of the new memorandum comes on an anniversary year. “The new memorandum stimulates trade and economic exchange between China and Belarus.” “We highly value the established business relations with our Chinese partners and believe that they will get stronger in the course of time.” The deal follows and develops an existing memorandum between BPC and Sinochem Group for the supply of other types of Belarusian potash, signed on 10 May 2015. Established in September 2013, BPC currently sells potash fertilisers produced by Belaruskali. JSC Belaruskali director general I Golovaty said: “The signing of the new memorandum is a further acknowledgement of the fact that our product is highly demanded on the Chinese market. We are sure that our new product, with the addition of Zinc and Sulphur, will quickly become popular and not only in the Asia region. “Moreover, the new memorandum stimulates trade and economic exchange between China and Belarus, as well as enhance strategic cooperation of Belaruskali and BPC with Sinochem Group, one of the largest potash importers in the world.”
Belarusian Potash Company (BPC) has agreed to a deal with China's Sinochem to supply granular potash fertilisers to the Chinese market. The fertilisers will be produced using the halurgic method, which creates a white muriate of potash (MOP) with the addition of zinc and sulphur. According to BPC head Oleg Belozerov, this is an important step in developing relations between Belarus and China. The deal builds on a 2015 memorandum between BPC, which sells fertilisers produced by Belaruskali, and Sinochem to supply other types of potash.