China’s Kingenta building service centres to boost fertiliser sales

BEIJING, July 18 (Reuters) Chinese fertiliser maker Kingenta will build around 1,000 service centres in China to boost sales of compound fertilisers and other agricultural products, it said on Tuesday.

China is the world top fertiliser consumer, and the move cheap canada goose uk comes as Beijing tries to cap the growth in traditional fertilisers and pesticides that canada goose coats have caused severe pollution.

International Finance Corporation (IFC), the private sector investment arm of the World canada goose clearance sale Bank, says Canada Goose Parka products such as those offered cheap Canada Goose by Kingenta can reduce environmental harm through more efficient plant take Canada Goose online up canada goose uk outlet and less contamination Canada Goose Jackets of water.

Kingenta is aiming to reach 50 million farmers with the service centres that will be run by a uk canada goose outlet new venture called Kingfarm Co operative, according to a statement. The company said the Kingfarm Canada Goose sale centres will canada goose store be the first in China to offer farmers full agricultural services in one outlet.

mostly a question of scale. If you distribute product in larger volumes, you get a better price and shorten the distribution time, said Sergio Pimenta, head of manufacturing, agribusiness and services buy canada goose jacket at IFC, which is investing Canada Goose Outlet $200 million in the project.

Kingenta executives could not be reached for further comment on their plans.

The company produces compound fertilisers, made from combining fertilizer materials like ammonia, urea and potassium Canada Goose Coats On Sale salts, as well as water soluble and slow release fertilisers.

Its centres will also distribute canada goose seeds and pesticides from third party suppliers including global chemicals canada goose black friday sale firm BASF and France seeds to crop protection firm InVivo and offer services for canada goose uk shop processing and uk canada goose distribution of products, Kingenta statement said.

China consumes around a third of global fertilisers, with rapid growth in Canada Goose Online use in recent years driven largely by higher fruit and vegetable production.

The agriculture ministry said in 2015 that it was targeting growth in consumption of nitrogen and phosphate fertilizers by 2020.

Compound fertilizers can increase crop yields by up to 40 percent with the same canada goose clearance amount of application as conventional fertilizer, said the IFC.

However, such product represents only about 30 percent of the annual fertilizer consumption in China, canadian goose jacket compared with 50 to 60 percent in other large food producers, such as Brazil and canada goose coats on sale Thailand, canada goose uk black friday it said.

Kingfarm will upgrade 10 conventional fertiliser plants located near its planned service centres to produce more specialty fertilisers, the IFC buy canada goose jacket cheap also said.

The first such plant scheduled for an upgrade is in Hubei province, China top canada goose factory sale producer of rice. (Reporting by Dominique Patton; Editing by Tom Hogue).

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