The German Potash Group has announced that its net profit for the second quarter was 255.4 million euros ($ 279.3 million). Net profit fell 5% from a year earlier.
| Sodium Molybdate |
According to the company, its second quarter total revenue grew 1.4%, reaching 742 million euros. Which potash and magnesium fertilizer business unit revenue grew 4% to 387.1 million euros.
The company said its Werra plant potash supply increased and sales increased. In the second quarter, the company’s sales of potassium chloride from last year’s 730,000 tons down to 710,000 tons, specialty fertilizer sales from the same period last year increased to 58 million tons to 640,000 tons.
According to reports, the company in Saskatchewan Bethune potash production capacity of 200 million tons of the target is expected to be achieved by the end of this year, the first batch of potassium pottery exports have been shipped in July.
| Manganese Sulfate |