Kingenta Group Awarded “National Quality and Integrity Exemplary Enterprise”
(Our correspondent Zhang Wenye reports) Recently, the 2016 “China Quality Month” event, themed “enhancing the quality of supply and increasing the national strength with good quality” and involving 42 related departments and associations, including AQSIQ, Publicity Department of CPC Central Committee, and the National Development and Reform Commission, dropped curtain successfully. With high quality products, Kingenta Group was awarded “National Quality and Integrity Exemplary Enterprise” after “National Quality Product.”
Kingenta’s and Golden Earth’s Compound Fertilizer Awarded “National Quality Product”
(Our correspondent He Lei reports) Recently, the 2016 “China Quality Month” event was held by General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ). With the evaluation and selection conducted by AQSIQ and China Association for Quality Inspection, Kingenta’s and Golden Earth’s “compound fertilizer” stood out among over a thousand enterprises and was honored the title of “National Quality Product”. It symbolized that Kingenta’s comprehensive strength, in terms of product quality, technology innovation, terminal services and credibility, is highly acknowledged by the industry and customers.
Kingenta’s Core Technology for Comprehensive Utilization of Ardealite Appraised as World-Leading
(Our correspondent reports) On September 19, the Ministry of Industry and Information Technology convened a meeting to appraise the “Industrialization of Collaborative Utilization of Dihydrate-Hemihydrate Phosphoric Acid and Ardealite and Potassium Feldspar” project, jointly accomplished by Norsterra Chemical Co., Ltd. owned by Kingenta and Kingenta Ecological Engineering Group Co., Ltd. The core technological achievement of the project was appraised as world-leading.
Kingenta Group Expands Overseas Market by Buying 70% of Navasa’s Stock
(Our correspondent Song Wei reports) On June 30, 2016, KingentaInvestco, S.L. (hereinafter referred to as "Kingenta Spain"), a wholly-owned subsidiary of Kingenta Germany that is a subsidiary of Kingenta Ecological Engineering Group Co., Ltd., signed the Stock Sale and Purchase Agreement with two shareholders of the Spanish company A.Navarro, S.A. (hereinafter referred to as "Navasa"). Kingenta Spain bought their 70% stake in Navasa at a price of 5,565,000 Euros. The acquisition and delivery was completed in July.
Closing Ceremony of Kingenta Group‘s Acquisition of Compo GmbH in Frankfurt, Germany
On 11 and 12 July, 2016, Kingenta held the M&A Transaction Ceremony of Compo GmbH in Frankfurt, Germany, which is the largest overseas acquisition in fertilizer industry in China.
Kingenta Launches Strategic Cooperation with BASF to Propel Efficient Utilization of Nitrogen Fertilizers
(Our correspondent reports) Wan Lianbu, president of Kingenta Group, and executives of the group and Compo GmbH visited and investigated the headquarters of BASF recently. The two sides held talks on the future cooperation in the urease inhibitor Limus and strategic cooperation in other fields, before reaching several cooperation intentions.