PhosAgro to boost sales 60% in 2015 to 800,000 tonnes through its Singapore-based trader

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PhosAgro to boost sales 60% in 2015 to 800,000 tonnes through its Singapore-based trader

MOSCOW. Nov 24 (Interfax) - PhosAgro is planning to boost sales by 60% to 800,000 tonnes through its own Singapore-based trader in 2015, PhosAgro Deputy CEO Sergey Sereda told journalists.

He said the company plans to sell 500,000 tonnes of fertilizer through its Singaporean trader in 2014.

Sereda added that the company intended to intensify its work on the markets of Vietnam, Thailand and Cambodia.

As reported, PhosAgro create its Singapore trader PhosAgro Asia Pte. Ltd. in 2013 to supply mineral fertilizers to countries in Asia, Africa, Australia and New Zealand.