Hanfeng Evergreen Expands Joint Venture with Shandong Mingshui Great Chemical Group in China

Toronto-based Hanfeng Evergreen Inc., a producer of slow and controlled release fertilizers in China, announced that it will build an additional polymer coated urea (PCU) production line with its 50-50 joint venture partner, Shandong Mingshui Great Chemical Group of China. The additional PCU production line will have an annual capacity of 100,000 metric tonnes per annum and will be constructed next to the newly completed 100,000 mtpa PCU facility, which commenced production in May. Construction of the new production line, which will cost $5 million, will commence in August and is scheduled for completion in the third quarter of 2010.