Stock Value
About Sinofert Holdings
Sinofert Holdings Limited, an investment holding company, engages in the production, import, export, distribution, wholesale, and retail of fertilizer raw materials and products, as well as research and development and services in the field of fertilizer-related business and products in the People’s Republic of China.
The company offers potash, nitrogen, phosphate and compound fertilizers, sulphur, and pesticides. As of December 31 2008, the company’s subsidiaries and affiliated production enterprises had total fertilizer production capacity of approximately 10.16 million tons. The company owned 2,010 distribution centers and sales outlets.
Acquisitions
In 2008, the company completed the acquisitions of Sinochem Jilin Changshan Chemical Co. Ltd and Sinochem Pingyuan Chemical Co. Ltd; and the acquisitions of equity interest in Qinghai Salt Lake Potash Co., Ltd, Tianji Sinochem Gaoping Chemical Engineering Company Ltd, and Sinochem Shandong Fertilizer Company Limited.
Dispositions
In August 2008, the company has disposed its 60% equity interest in Guizhou Kaiyang Qinglongjiang Company Limited.
Joint Ventures
The company has established a joint venture, Yara-Sinochem Environmental Protection Co., Ltd, with Yara International ASA to develop a chemical industry.
