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ICL Signs $170 Million Distribution Agreement with AMP Holdings Group Co. Ltd. in China
Contract Type
agreement
Tel AvivBiotechnologyDescription
ICL, a leading global specialty minerals company, has signed a five-year agreement valued at approximately $170 million with AMP Holdings Group Co. Ltd., a top agricultural distribution company in China. The agreement focuses on specialty water soluble fertilizers for cash-crops and includes a minimum purchase commitment with certain exclusivity conditions. This aligns with ICL’s goal to expand its Growing Solutions product offerings and to position the business for further growth in major end-markets.