Ecophos has announced that it has signed an agreement with Guizhou Chanhen Chemical Corp. to establish a sino-foreign equity joint venture, Chaneco Co. Ltd.
The latest fertilizer news
Kore Potash plc has released a statement providing an update on its 97%-owned Sintoukola potash project in the Republic of Congo.
BNSF Railway Co. has announced that its 2018 CAPEX program in Oklahoma, US, will be approximately US$110 million.
Don Griep, Ludman Industries, USA, looks at the importance of finding a roll crusher that delivers consistent on-size product.
Cole Martin, BMI Research, UK, presents an overview of the European fertilizer landscape in the coming years.
KBR Inc. has declared a quarterly cash dividend of US$0.08 per share on the company’s stock to be paid on 13 April 2018 to stockholders of record on 15 March this year.
Terra Nitrogen Co. LP has announced that Terra Nitrogen GP Inc. has elected to exercise the right to purchase all issued and outstanding common units representing limited partner interests in TNCLP not already owned by TNGP or its affiliates.
According to Reuters, Nutrien Ltd is actively in talks with prospective buyers of its stakes in the lithium producer SQM and Arab Potash Co. Plc.
Gensource Potash Corp. has announced that it has entered into an engagement agreement with Industrial Alliance Securities Inc. and its syndication partner, Heritage Capital Group.
Current Water Technologies Inc. has announced that it has closed the second tranche for $900 499.90.
Mosaic Co. has announced that Rich Mack will step down as Executive Vice President and Chief Financial Officer and officially leave the company in May this year.
Iteris Inc. and AgSpace Agriculture Ltd have announced the integration of ClearAg data visualisation components into AgSpace’s Contour Platform.
Encanto has filed the requested project information in advance of its application for supplemental funding across various government departments led by Indigenous and Northern Affairs Canada.
CRU is bringing the Phosphates 2018 conference to the Mövenpick Mansour Eddahbi Hotel in Marrakesh, Morocco, on 12 – 14 March 2018.
According to Reuters, Scott Moe has been chosen as the new leader of the governing party of Saskatchewan, Canada.
According to Reuters, the CEO of Nutrien Ltd has spoken at a CIBC investor conference in Whistler, British Columbia, Canada, providing an update on the company’s activities and plans.
Vivakor Inc. has released a letter by the Chairman and CEO to the company’s shareholders regarding objectives for this year.
Ecophos will provide the technology for the construction of a green multi resources recycle industrial park located along the Yangtze river in Songzi, Hubei Province, China.
Once completed, the investment will be worth 5 billion RMB, and will process 2.2 million tpy of low grade phosphate rock into 400 000 t of high quality feed phosphate, 100 000 t of food grade phosphoric acid, 300 000 t of water soluble fertilizer, and 1.5 million t of high purity gypsum. Ecophos claims that the estimated annual sales will be approximately 6 billion RBM.
The JV will serve local and regional demand for specialty feed and fertilizer phosphates, and will address the need for high quality gypsum of Chinese construction and ceramic industries.
According to the statement, manufacture will be based on Ecophos-developed technologies that will maximise the value of the raw phosphate mineral obtained directly from the mine, and allow the production of pure gypsum. The project is in alignment with the strategy of the 19th Chinese National Party Congress, as well as the COP21 that advocate the implementation of innovative technologies in order to preserve the environment and use resources sustainably. This project addresses the burden of traditional phosphate processing: phosphogypsum and polluting emissions. It will allow improvement in yield and quality of end products.
Li Jin, Chairman of Chanhen group, said: “Ecophos and Chanhen will launch this exclusive cooperation in China and Southeast Asia, working together to create a new future for China’s green cycle of phosphorus industry.
“We are facing severe challenges in clean and sustainable development, and the phosphorus industry is in urgent needs of new green technologies to change the status quo.”
Mohamed Takhim, CEO of Ecophos, added that: “with the right partner (Chanhen) that shares the same values and support from the Chinese government with land, permits, utilities, port infrastructure and raw materials, Chaneco can become the market leader in China. The signature of this JV agreement is an important step in the realisation of Ecophos’ international growth strategy.”