Cinis Fertilizer loading first SOP shipment to distributor

Van Iperen International is expecting the first shipment of 3,500-4,000 metric tons of Cinis Fertilizer’s sulfate of potash from the latter’s new Ornskoldsvik production facility in Sweden to arrive in the Netherlands by next week.

“Cinis has started loading the vessel today and it should soon be on the way to Netherlands for distribution. We expect around 3,500-4,000 mt of product out of which the majority is of on-spec high-quality water-soluble SOP,” Van Iperen’s managing director Erik van den Bergh told S&P Global Commodity Insights. “[The volume also includes] some low grade [SOP] from startup weeks which will go to a few special outlets as raw materials.”

Van Iperen has now started offering the product to its customers worldwide. “We did the quality checks and the product is free flowing, white and not dusty," van den Bergh said. "We would like to distribute the product worldwide to as many customers to experience.”

Cinis has an agreement to sell all SOP production from its first two Swedish production facilities with Van Iperen for a period of at least 10 years.

Cinis Fertilizer is a Swedish green-tech company producing a sustainable and environmentally friendly water-soluble mineral fertilizer, potassium sulfate, by recycling industrial waste from the manufacture of electric car batteries and battery materials and from the pulp and paper industry.

Platts, part of Commodity Insights, last assessed Western European standard SOP at $553-$653/mt FOB on Sept. 3.