MANILA — Listed Filipino agricultural exporter AgriNurture, Inc. (ANI) signed a deal on Tuesday with Beijing-based Sinochem Corporation for the supply of fertilizer to ANI’s contract growers in the Philippines and for the purchase of the Filipino farmers’ produce, for export to Hong Kong and China.
The deal involves USD37.6 million and was signed at the first-ever China International Import Expo, which opened in Shanghai on Monday, with Chinese President Xi Jinping leading the launch.
“The deal will expand ANI’s closed ecosystem and enable it to bridge farm requirements to market access,” ANI president and CEO Antonio Tiu said in a statement on Wednesday.
See full article at Philippine News Agency
