ICL to Supply 835,000 tonnes of Potash to Indian Customers

Mining.com reported that Israel’s ICL would supply its Indian customers with a total of 835,000 tonnes of potash.

As quoted in the market news,

ICL says it is active in India through its ‘Potash for Life’ farmer training program and promotion of potash consumption. The program, launched in October 2013, is designed to unlock the potential of agriculture in India by promoting balanced fertilization among India’s farmers to increase agricultural productivity and economic benefits, as well as to contribute to the creation of sustainable food production in India.

Nissim Adar, president & CEO of ICL Fertilizers, stated:

The new contracts that we have signed with our customers in India confirm our leading position in the strategic Indian market, whose potential for rapid growth is expected to be a leading driver of worldwide potash demand for years to come as a result of the rise in India’s standard of living, among other factors, which is transforming eating habits and driving the need to provide sufficient quantities of food for a large population that will only continue to grow in the future.

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