PetroVietnam Fertiliser and Chemicals JSC (PVFCCo) and Japan–Vietnam Fertiliser Company (JVF), a member company of the Sojitz Group of Japan , on March 29 inked a memorandum of understanding (MoU) on cooperation in fertiliser products supply.
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At the signing ceremony
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According to the MoU, JVF will supply PVFCCo with 30,000–40,000 tonnes of high quality NPK fertiliser.
Meanwhile, PVFCCo will provide Sojitz with 200,000–300,000 tonnes of urea per year for export to Thailand , the Philippines and other countries, after the product met consumption demand in the domestic market.
On the occasion, the two parties also planned to sign contracts for technical assistance service in the future.
JVF will help PVFCCo in operation and maintenance work for the NPK factory, which was invested by PVFCCo.
Once the contract comes into force, PVFCCo will have the chance to expand its products list along with its popular product of urea fertiliser, as well as to open new markets for products of its NPK plant./.
According to the MoU, JVF will supply PVFCCo with 30,000–40,000 tonnes of high quality NPK fertiliser.
Meanwhile, PVFCCo will provide Sojitz with 200,000–300,000 tonnes of urea per year for export to Thailand , the Philippines and other countries, after the product met consumption demand in the domestic market.
On the occasion, the two parties also planned to sign contracts for technical assistance service in the future.
JVF will help PVFCCo in operation and maintenance work for the NPK factory, which was invested by PVFCCo.
Once the contract comes into force, PVFCCo will have the chance to expand its products list along with its popular product of urea fertiliser, as well as to open new markets for products of its NPK plant./.