03 November 2010 19:49 [Source: ICIS news]
HOUSTON (ICIS)--Canadian potash marketing agent Canpotex said on Wednesday it signed a three-year agreement to supply Tata Chemicals (TCL), a key customer in India, with a minimum of 1.5m tonnes of Saskatchewan potash.
The agreement between Canpotex and TCL covers the period from 1 April 2011 to 31 March 2014, and provides TCL with the option to extend the agreement for an additional two years to March 2016.
In the event the agreement is extended, the supply to TCL could include a minimum of 2.88m tonnes, Canpotex said.
Agrium supplies Canpotex with 9% of its potash product. Mosaic supplies 37% and PotashCorp supplies 54%.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections