EuroChem takes on US fertilizer assets from Trammo
EuroChem Group AG, a leading global fertilizer company, announces the expansion of its North American distribution network via the assumption of dry and liquid fertilizer transport and storage assets from international merchandising and trading firm Trammo, Inc.
The move substantially expands EuroChem’s fertilizer storage capacity in the US, and will enable the Group to strengthen its presence into Western Canada as well as on the East Coast. EuroChem now operates 25 warehouses in the US, with a current storage capacity of about 500 000 t.
The US market accounted for about 11% of Group sales in 2017. EuroChem expanded its presence in the US in October 2015 with the acquisition of Ben-Trei, a fertilizer distribution business historically focused on sales within the country’s heartland.
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