Polish ZChP agrees €49m potash delivery deal with Uralkali Trading

24 January 2014 15:28 Source:ICIS News

LONDON (ICIS)--Poland's Zaklady Chemiczne Police (ZChP) has agreed a zloty (Zl) 206m ($67.5m, €49.2m) deal for deliveries of potash from Uralkali Trading, multi-component fertilizer producer ZChP said on Friday.

Uralkali Trading, which is the Switzerland-based trading arm of Russian potash producer Uralkali, would supply the potash this year, it added.

The deliveries would be transported by sea to ZChP's own port in Police, on the Oder estuary off northwestern Poland's Baltic Sea coast, the company said.

ZChP is a subsidiary of Grupa Azoty, Poland's largest chemical producer and Europe's second largest fertilizer producer.

($1 = €0.73, $1 = Zl 3.05, €1 = Zl 4.18)

By Will Conroy