Date
17 August 2018

XLX inks deal for off-season fertilizer reserve, statement says

China XLX Fertiliser Ltd. (01866.HK), the country’s fourth largest coal-based urea producer, has been selected by the National Development and Reform Commission and the Ministry of Finance to maintain 200,000 metric tons of off-season commercial reserves of chemical fertilizers for the 2013-2014 period, according to an e-mailed statement from the firm Monday. The company will be responsible for maintaining urea and compound fertilizers. The MoF will offer subsidies for the firm on its interest payments.

– Contact HKEJ at [email protected]

MY/AC/RC

 

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