Migao Commences Production at the Yunnan Plant Located in Luliang, Yunnan Province, China
February 3, 2014 (Source: Marketwired) — Migao Corporation (TSX:MGO), a China based specialty potash fertilizer producer, celebrated the opening of the first 100,000 metric tonnes per annum chloride-free complex fertilizers (NPK) production line at the Migao facility in Luliang, Yunnan, China with a ribbon cutting ceremony. The facility’s production is primarily intended for the fast growing Chinese specialty fertilizer market.
The commission of the JV’s first NPK line comes as Chinese farmers ready themselves for what is traditionally the busiest planting season of the year – spring planting starting from February-March.
A 60,000 tonnes per annum potassium nitrate (NK) production unit and a second 100,000 tonnes per annum NPK line are currently under construction and expected to be launched later this year.
Mr. Guocai Liu commented that “We are very pleased to commence our first production line in Yunnan for the agricultural industry in this province and look forward to our planned expansion in the future.”
The facility will produce up to 60,000 tonnes of NK and up to 200,000 tons of NPK per annum.
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Migao Corporation, through its wholly owned subsidiaries, owns and operates fertilizer production plants in various strategic locations across China for the production and sale of specialty potash fertilizer (potassium nitrate and potassium sulphate) to China’s agricultural market. Migao Corporation is subject to, and complies with strict government regulations that govern safety, quality and environmental protection.
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