Nov. 22, 2018Marubeni Corporation
On November 7th, Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MOU”) regarding the long term supply and purchase of Molten Sulphur with Hubei Harvin (Group) Chemical Co., Ltd. (hereinafter, “Hubei Harvin”), one of the biggest phosphate base fertilizer manufactures and distributers in China.
In response to increased environmental awareness in China, Hubei Harvin aims to reduce environmental risks by converting its raw material for fertilizer from Solid Sulphur to Molten Sulphur.
Marubeni has been selling Molten Sulphur for more than 40 years, supplying it to customers in Chinese coastal areas. Although it has been difficult to supply Molten Sulphur to inland areas due to logistical restrictions, Marubeni will utilize its Group Company, Jiangsu Zhenyu Chemical Co.,Ltd., as a logistical hub, and reinforce its own transportation functions, in order to actually begin supplying inland China areas with Molten Sulphur.
Marubeni will increase its supply of Molten Sulphur to customers in inland areas along the Yangtze River and also contribute to safeguarding the environment, and to the development of the agriculture and chemical industries in China.
