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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


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Post by JimTorontoon May 21, 2023 4:49pm
137 Views
Post# 35458593

Sinofert and Syngenta

Sinofert and Syngenta “Syngenta Group is a leading, sustainable agricultural innovation and technology company with 48,000 employees in more than 100 countries…It is owned by ChemChina, a Chinese state-owned enterprise”.
 
From Syngenta China’s website, using Google Translate. Sinofert is a subsidiary of Syngenta China and is listed in Hong Kong.
 
“On April 18, 2023, the first shipment of phosphate rock powder imported by Sinofert from Egypt arrived at Zhenjiang Port in Jiangsu Province by the freighter "Song of Heilan". In addition, the remaining two ships with a total of 90,000 tons of phosphate rock powder will also arrive in China one after another, helping to ensure the supply and price stability of the domestic phosphate fertilizer market.
 
In the spring of 2023, the phosphate fertilizer market at home and abroad is complex and changeable, and the supply of phosphate rock, an important raw material for phosphate fertilizer, will be in short supply due to factors such as mountain closures in winter, restricted mining, and poor transportation. In order to solve the production problems of the enterprise, Sinofert successfully imported high-grade phosphate rock from Egypt after careful discussions and several rounds of negotiations with foreign businessmen.
 
The phosphate rock powder imported this time alleviated the shortage of domestic high-grade phosphate rock supply to a certain extent, and also opened up new phosphate rock raw material channels for major domestic phosphate fertilizer companies, and further strengthened the cooperation relationship of the entire industrial chain.”

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