Rare Earth Phosphate Fertilizer Enters International Market
����On October 30,1998 Qingquan Industrial Corporation Ltd. headquartered in Sichuan Province signed a latter of intention with a Malaysian company for marketing of products of the former abroad, thereby marking the entry of Qingquan's high-tech product -- rare earth phosphate fertilizer into the world market.
����With the help of an rare earth expert, Mu Qingquan, president of Qingquan Corporation, has succeeded in experimenting on an organic combination of rare earth with phosphate fertilizer in fertilizer production early in 1995. For the past two years the rare earth phosphate fertilizer rapidly has come to be widely used in 20 provinces for its high fertility in raising production. When used in tomato and garlic bolt production it will bring an income growth of RMB$1000 yuan per mu.
Economicnews 1999-01-29 Page5
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