Serbian Elixir Group to team up with German K+S with EUR 35 mln Prahovo factory

Serbian fertilizer producer Elixir Group announced at strategic cooperation agreement with German chemical company K+S to build an EUR 35 mln factory that will be located in Prahovo, the company said on Nov. 3.

The factory will have yearly capacity of 50,000 tonnes of mono-ammonium phosphate fertilizer, and it will located at he current Elixer Prahovo industrial site. Elixir Group will build the factory and storage facilities, and the K+S will distribute the product through its global network with a focus on markets in Europe and India, according to a press release cited by SEE News.

Kassel-headquartered K+S Group has more than 11,000 employees.

Photo of Serbian flag by See File history below for details., Public domain, via Wikimedia Commons.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany. Wymagane pola są oznaczone *