Fertilizer news updates

International Fertilizer Association (IFA) awarded PMU branch of JSC URALCHEM the gold medal ‘the best in the industry’ for responsible production management.

Global ammonium chloride market is poised to reflect moderate growth under 5% for the fertilizer, pharmaceuticals, food, other metal industries and textiles sectors.

Nalco Water has launched non-phosphorus and low-phosphorus chemistry programmes for mild steel corrosion control in cooling water systems.

The company has said the decision was reached in light of the continued downward pressure on global fertilizer prices.

The company's revenue in 3Q19 rose by 3% y/y to RUB64.6 billion (US$1.0 billion) mainly due to higher sales in priority markets. Revenue for 9M19 increased by 12% y/y to RUB195.0 billion (US$3.0 billion).

The plants are located in the Brazilian states of Bahia and Sergipe.

A 500 m aircore drilling programme at the Laverton Links SOP project in Western Australia will aim to convert the current Exploration Target to a Mineral Resource estimate.

The company has signed term sheets with Unifert, Indagro and Ferisur for the sale of Lake Way sulfate of potash, with a total volume commitment of 170 000 tpy.

Petrofac's Engineering & Production Services has been awarded a contract by Asean Bintulu Fertiliser (ABF) Sdn Bhd, one of Malaysia’s largest fertilizer plants, for its Third Boiler Project.

The company sold 87 500 t of its multinutrient potassium fertilizer, marketed and sold in Brazil under the brand K Forte and internationally as Super Greensand, in 3Q19.

The company increased revenues for 3Q19 by 8% to €905 million.

The factory is part of OCP’s push to step up investment in phosphates-based fertilizers in Africa.

The Northern Australia Facility loan from the government of Western Australia will assist in developing infrastructure for the company's sulfate of potash project at Beyondie.

The Yara Trinidad plant is one of the company's smallest ammonia plants, with an annual production capacity of approximately 270 000 t of ammonia.

The Australian fertilizer manufacturer reported Net Profit After Tax of AUS$152 million for the year ended 30 September 2019.

Strategic partner and financial investor processes are underway with the aim of securing US$600 million of Initial Scope funding, with various parties engaged and assessing information.

Dangote’s project is intended to process phosphate to make fertilizer in-country, and then export it elsewhere in West Africa.

Sales for 3Q19 were US$1325 million compared to US$1371 million for 3Q18. The potash division's sales decreased by 8% in 3Q19, while operating income increased by 6% compared to 3Q18.

The Environmental Review Document comprises a thorough understanding of the environmental setting in the Project area, developed through detailed flora and fauna surveys and studies.

At 30 September 2019, the company had cash of CAN$8.2 million, a positive working capital of CAN$7.8 million and no debt.

Mosaic reported a net loss of US$44 million for 3Q19, and adjusted net earnings, after notable items, of US$29 million. The company reported diluted earnings per share (EPS) of negative US$0.11, and adjusted EPS of US$0.08.

The company said that its results had been affected by a short-term market slowdown, but that it maintained a positive outlook for 2020.

The study concluded that the Port of Casablanca's existing capacity would be sufficient for Emmerson's potash and salt production.

Corrine Ricard has been named Senior Vice President – Brazil, while Rick McLellan has been named Senior Vice President – Commercial.