Fertilizantes Heringer signs two-year fertilizer supply deal with EuroChem unit Corrigo
XLB•Related-party context
EuroChem Group AG holds indirect control of about 79.98% of Heringer, making Corrigo a related party under common control.
Pricing, credit terms and security
Pricing ties to Argus Media weekly benchmarks, capped at +/-10%; credit terms allow payment 7-180 days from bill of lading.
The contract contemplates a fiduciary lien over inventory and related products to secure obligations; documentation remains under negotiation.
Two-year supply framework signed with EuroChem unit
Fertilizantes Heringer signed a two-year supply framework on July 31, 2026 with related party Corrigo Fertilizers FZE, part of EuroChem.
The deal covers recurring purchases of fertilizers and related raw materials; individual addenda will set volumes, products and delivery periods.
