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The latest fertilizer news

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CP Rail weighing deals to boost crude-by-rail

According to Reuters, Canadian Pacific Railways Ltd is considering deals to increase crude-by-rail shipments this year, following profits in 4Q17 that surpassed analyst’s estimates.

Emerson acquires ProSys

Emerson has announced that it has successfully completed the acquisition of ProSys Inc.


Corfo and SQM end dispute

Corfo – the Chilean development agency – has reached an agreement with Lithium company SQM, bringing an end to a dispute over royalties in Chile’s Salar de Atacama.


 

Kropz appoints new Group CEO

Kropz SA (Pty) Ltd has announced that Ian Harebottle has been appointed Group CEO, and will commence his new role on 28 March 2018 after seeing out the rest of his contract with Gemfields plc.

Carnegie potash project prospectivity confirmed

BCI Minerals Ltd and Kalium Lakes Ltd – the owners of the Carnegie Potash Project – have announced that brine analysis results for the initial auger sampling programme have been completed.

 

 
 
 
 
 

Agrium and PotashCorp merger complete

Nutrien Ltd has released a statement claiming that the merger of equals between Agrium Inc. and Potash Corporation of Saskatchewan Inc. has been successfully completed.

 

ENPAR Technologies changes name

ENPAR Technologies Inc. has released a statement claiming that it has officially changed its name to Current Water Technologies Inc.

 
 
 
 

Beneath the Surface

Miles Buckhurst, Jotun, Norway, looks at the issue of corrosion under insulation in the fertilizer industry.

 

A Bright Future

Gordon Cope, World Fertilizer contributing editor, asks if relief is finally on the way for a stagnating fertilizer industry.

 

Cultivating capacity growth

Lynn Wang, Integer, China, explains how supply-side structural reform will promote capacity upgrades in the Chinese fertilizer industry.

 
 
 
 

 

Upcoming fertilizer events

 
 

 

CP Rail weighing deals to boost crude-by-rail

According to Reuters, Canadian Pacific Railways Ltd is considering deals to increase crude-by-rail shipments this year, following profits in 4Q17 that surpassed analysts’ estimates.

Reportedly, the Canadian railway company is anticipating revenue growth in the mid single digits in 2018, boosted by strong worldwide demand for potash, as well as well as strength in energy and chemicals. The company reportedly said that it expects better pricing this year as well, due to tighter capacity, adding that adjusted earnings per share growth would be in the low double digits.

According to Reuters, Canadian crude-by-rail shipments increased last year, suggesting that more oil is being pushed onto railroads due to tight pipeline capacity. Nonetheless, the country’s railway executives are reportedly remaining careful about crude-by rail demand after they were forced to lower rates for shipping crude in 2015 because of a fall in global oil prices.

Keith Creel, the Chief Executive of CP, noted that, in order to protect against any future oil price decline, the company is looking for customers that have business in both crude and other lines. The company also claims that there is potential for higher pricing in 2018 as capacity gets tighter on growing demand.

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