SAHO Will Continue Providing Commodity Lending in 2010
OREANDA-NEWS. January 21, 2010. Chemical sphere of SAHO in 2010 season will continue providing commodity lending to agricultural producers of more than 35 major grain production regions of Russia. SAHO Khimprom is also planning 1.5 times increase of credit volumes.
In 2009 season when the majority of agricultural chemistry suppliers have shifted to full prepayment and the agricultural producers have encountered stricter bank requirements to credits guarantees SAHO Khimprom sales structure increased the volumes of crop mortgage lending. Being simultaneously a producer and a supplier of agricultural chemistry and plant protection agents SAHO has become ready for commodity lending and provides extension of payment time for supplied pesticides till the autumn. There exists its own system of customer solvency evaluation that was so flexible that it resulted in very affordable prices for the SAHO Khimprom products that have become the most affordable on the market.
2009 season resulted in 6.7 million hectares processed by SAHO Khimprom plant protection agents in the Rf and in CIS countries. It is planned that in the New Year this index will grow by at least 15%.
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