Fertilizer | December 05, 2025
Uralchem inks MoU with Indian fertilizer PSUs to form urea JV in Russia
The annual capacity of the urea plant is expected to be in the range of 1.8-2 million tonnes
The annual capacity of the urea plant is expected to be in the range of 1.8-2 million tonnes
Sugarcane farmers will benefit from advanced agronomic practices, balanced crop nutrition, and direct access to markets
The agreement is within the framework of the five-year supply agreement with IPL for the years 2022-2027
Saravanan earlier worked as Chairman & Managing Director of Madras Fertilizers Limited
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
Both companies have signed MoU for supply of Potash for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT
Three retail outlets of Indian Oil at Muzaffarnagar - Chadravati Filling Station, Kissan Filling Station, and Agarwal Service Station were also dedicated to the nation which will be marketing CBG produced from this plant
Agreed contract selling price of $280 per tonne
The terms and conditions are in line with contracts in place in the Indian Market.
The contract price has been set at US$ 230 per tonne of potash fertilizers on the terms of delivery to the buyer’s port (CFR), and to a greater extent reflects the current market situation, in contrast to the commercial terms of the Chinese contract, which were considered suboptimal by most companies in the industry.
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