Group DF and Hyundai Engineering Co to develop fertilizer production in Ukraine

On November 15, Group DF International GmbH entered into a memorandum of understanding with Hyundai Engineering Co., Ltd. The document provides for cooperation between the parties through the creation of joint investment projects in the fertilizer production industry both in Ukraine and in other jurisdictions.

“The parties are especially interested in cooperation on projects for the construction of new and/or reconstruction of existing chemical plants/fertilizer plants operated by Group DF,” the statement reads.

Hyundai Engineering Co. is ready to consider options for participation in the post-war restoration of the chemical industry of Ukraine, stated Lim Seung Jae, Senior Vice President.