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The latest fertilizer news



Oklahoma ammonia plant resumes production

LSB Industries, Inc. has announced that the ammonia plant at its chemical facility in Pryor, Oklahoma, US, successfully resumed production on 4 December 2017.

 

OCP Group and IBM form JV

OCP Group has announced that it has formed a joint venture with IBM to provide digital and IT services in sectors ranging from agriculture to industry across Africa.

 

 

Aqua-Yield launches new product

Aqua-Yield has released a statement announcing that it has launched its new NanoPhos technology at the Agricultural Retailers Association at the Biltmore Hotel in Phoenix, Arizona, US.

 

K+S and BUND reach settlement

K+S Aktiengesellschaft has announced that it has agreed a settlement with the BUND (Federation for Environment and Nature Conservation Germany) after talks at management board level.

 
 
 
 

ICL swings to profit in 3Q17

According to Reuters, Israel Chemicals has announced that it has swung to a profit in 3Q17, reporting its highest quarterly sales in three years.

 
 
 
 

Handle with care

BEUMER Group looks at the importance of optimising packaging lines in the fertilizer industry.

 
 

Vale to sell subsidiary to Yara

Vale S.A. has announced that it has entered into a quota purchase agreement with Yara International ASA to sell its fully owned subsidiary Vale Cubatão Fertilizantes Ltda.

 

Potash Ridge signs over Valleyfield Fertilizer assets

Potash Ridge Corp. signs a Letter of Intent (LOI) with Canada Coal Inc. to enable the potential purchase, joint venture or otherwise complete transaction for the assets of Valleyfield Fertilizer Corp.

 
 
 

 

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ADB approves third loan to improve China’s air quality

According to Reuters, the Asian Development Bank (ADB) has approved a third loan to help improve the air quality in the Beijing-Tianjin-Hebei region of China.

The loan is worth €428 million (US$506 million) and its purpose is reportedly to encourage the adoption of advanced technologies by major emitting industries on a large scale. These industries include transportation, power generation, heating and fertilizer production.

Reuters reports that the first two loans were approved in 2015 and 2016. Combined, they had a value of just under US$800 million, and aimed to strengthen policy reforms and regulatory capacity in Hebei province, as well as to help both small and medium sized companies scale up their investments in pollution reduction projects in the region.

According to Reuters, Lin Lu, senior energy specialist at ADB’s East Asia Department, said: “We remain committed to helping the Chinese government improve air quality and reduce pollution in the greater Beijing-Tianjin-Hebei region, where a third of the country’s economic growth comes from.”

Reportedly, the assistance provided by ADB is expected to attract approximately €1.3 billion in co-financing from both private and public sectors.

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