China plans to invest 1 billion U.S. dollars in Ukrainian potash fertilizer plant

According to the White Tower news agency, on April 18th, Vishevaniuk, the governor of Ukraine’s Ivano-Frankivsk region, stated that on the 20th, the Ukrainian-Chinese Cooperation Committee will hold a meeting, at which time both parties will sign a Xiangjian New Potash Plant Agreement.

China will invest billions of dollars in the construction of potash fertilizer plant in Kalush, Uyvanno-Frankivsk, and hope to use resources such as ash and other resources from the Bolshevt power station to solve the collapse of kalush, such as karst Processing and other ecological and environmental issues.

In the past, there was a potash plant in the city of Kalush but it was closed in October 2001. At present, Ukraine imports 250 million U.S. dollars of potash from Belarus every year.

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