Russian fertiliser firm PhosAgro sets up S'pore trading office

Singapore

THE world's largest global producer of high-grade phosphate rock, PhosAgro, has set up a trading office in Singapore, its first outside Europe.

The Russian fertiliser firm told The Business Times that a presence in Singapore has become essential as its business expands in Asia.

"We're doing a lot of trades in Asia. We decided that in terms of how the market is structured, we have to be here," said its CEO, …