Hanoi (VNA) - The PetroVietnam Ca Mau Fertilizer Company (PVCFC) on November 2 signed a memorandum of understanding (MoU) with Belgium’s Solvay Group - a global firm specialising in chemical solutions, to develop solutions to effectively use urea in agricultural production.
Under the MoU, using the Ca Mau Nitrate Plant’s modern technologies, the two sides will produce urea products covered with N Dual protective layers in line with European standards, which helps improve the efficiency of nitrate.
The two firms aim to produce an environmentally friendly product that benefits plants.
The signing of the MoU is part of PVCFC’s efforts to realise its product diversification target, contributing to promoting sustainable agriculture development in Vietnam.
PVCFC General Director Bui Minh Tien stressed his company plans to diversify its fertiliser products, especially those produced with advanced technologies.
The partnership is expected to enable the company to accelerate the production of new products, helping Vietnamese farmers improve their incomes, and contributing to environmental protection.
Solvay, through hosting the “Solvay Innovation Day 2016” in Vietnam , hopes to access more business opportunities from Vietnam ’s oil and gas, and chemical industries.
Martin Laudenbach, Regional Director for Solvay in Asia Pacific, said as the leading chemical and materials producer in the world, Solvay works to support its customers in realising their innovation and development targets.
It also supplies solutions that help save energy and minimise CO2 emissions, he added.-VNA