Poland’s ZChP inks Zl 268m deal to receive BPC potash supplies

14 February 2013 16:08  [Source: ICIS news]

LONDON (ICIS)--Polish multi-component fertilizer producer Zaklady Chemiczne Police (ZChP) has concluded a zloty (Zl) 268m ($86.7m, €64.4m) contract to receive potash supplies from the Belarusian Potash Company (BPC), ZChP said on Thursday.

Deliveries under the contract, to be made via Baltic Sea ports, would commence this month (February 2013) and end by 31 December 2013, it added.

BPC is the joint-venture trading arm of Belarusian potash producer Belaruskali and Russian potash producer Uralkali.

ZChP is a subsidiary of Polish chemical group Zaklady Azoty Tarnow. Both companies have begun trading under the name Grupa Azoty prior to the completion of a merger and consoliation process involving ZAT acquisitions.

($1 = €0.74, $1 = Zl 3.09, €1 = Zl 4.16)

By: Will Conroy
+44 20 8652 3214

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