On July 3, 2021, Shandong Haiwang Chemical Co., Ltd. and SINO-AGRI International Potash Development Co., Ltd. signed an agreement in Beijing to collaborate in the utilization of bromine resources in Laos. The signing ceremony was attended by Chairman Yang Chunbin, General Manager Sun Tongjiang, Deputy General Manager Liu Shanshu, and the parent company of SINO-AGRI International Potash Development Co., Ltd. – Asia-Potash International Investment (Guangzhou) Co. Chairman Guo Baichun, Vice General Manager Liu Bingyan, and Vice General Manager Zhang Li.
Guo Baichun greeted Chairman Yang Chunbin and his delegation and discussed Asia-Potash International’s current situation and future development plans. The 1 million tons/year conversion and expansion project is on track, and the company plans to build a potash project in Laos with an annual capacity of 3-5 million tons in the next 3-5 years in order to become an international level potash supplier.
Yang Chunbin thanked Chairman Guo Baichun for his warm reception and briefly explained the company’s basic situation at home and abroad, its comprehensive strength and core advantages, and its future development plan.
Asia-Potash International Investment (Guangzhou) Co. currently has a capacity of 250,000 tons of potassium chloride per year and will have a capacity of 1 million tons per year after conversion and expansion. The signing of the cooperation agreement marks the company’s new capacity of 9,000 tons/year of sodium bromide, bringing the total capacity to 12,000 tons/year and increasing the company’s economic benefits.
We believe that by forming an alliance of titans, we will achieve brilliant results and create a new win-win situation together.