Yunnan Phosphate Haikou Co., Ltd. (“YPH”) is a JV company of YTH and ICL. YPH was incorporated in 1st Sep 2015 with 1.3 billion RMB registered capital, it merged 3C, Haikou Mine, YBKGT and TCKJ and now has about 2200 employees. The head office is located in Haikou Industry Park, Kunming, Yunnan. YPH devotes to develop the phosphate industrial chain and its business scope includes the procurement , mining, processing, beneficiation, marketing and sale of phosphate rock or beneficiation rock and the research and development, production, sales and distribution of phosphate acid, phosphate based fertilizers and related downstream products.
The JV between ICL and YTH will create a world-class phosphate mine and a leading global phosphate integrated operation.
Within 5 years, the specialty fertilizers and also chemicals shall reach more than 50% of total its sales. EBIT should be above industrial average.