The Polysulphate will help boost the Indian government's organic agriculture program.
Israeli global specialty minerals company ICL (TASE: ICL: NYSE: ICL) today announced it has signed a long-term agreement with India Potash Limited (IPL) to supply organic Polysulphate.
The agreement extends to 2026, with a renewal option and is for an aggregate amount of 1 million metric tons, with quantities increasing for each year of the agreement. ICL said that each shipment will be a minimum of 25,000 tons, with prices and payment terms to be periodically fixed between IPL and ICL.
The Polysulphate will help boost the Indian government's organic agriculture program.
Published by Globes, Israel business news - en.globes.co.il - on June 14, 2022.
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ICL Credit: NYSE