Hexagon Group AG and Bagfas / T-Gübre agree on a new CAN export deal

Hexagon Group AG and Bagfas / T-Gübre have signed a new agreement for the export of Calcium Ammonium Nitrate (CAN) from Bandirma, Turkey. The agreement is for a period of three years with an annual volume of 200,000 mt. Hexagon Group AG will market the product exclusively in various Mediterranean markets including Spain, Portugal, Italy, France and Morocco, Hexagon will also market the product in Ireland and the UK. Hexagon Group AG is familiar with this product as the two companies have already had an agreement during 2019. “This new agreement reflects the excellent co-operation we are enjoying with Bagfas / T-Gübre. It is an honor for Hexagon to be entrusted with the marketing of Bagfas’ CAN, a product that has gained great acceptance and popularity in the key markets across Europe”, says Christian Wendel, Executive Chairman of Hexagon Group AG. “We wish to thank Mr. Kemal Gencer, Chairman and CEO of Bagfas / T-Gübre, and his team for their trust and their confidence, and we are excited to market this product in the coming years.” The photo shows Mr. Gencer and Mr. Wendel at the signing ceremony that took place in Istanbul on January 15.

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