Fertilizer news updates

Finished imported NPK products are said to be affected by The Central Bank of Nigeria's announcement to cut foreign currency access for all fertilizer imports.

Acron Group, one of the leading mineral fertilizer producers in Russia and worldwide, is building two nitric acid units with a total capacity of 270 000 tpy at Veliky Novgorod-based production facility.

On behalf of MHI Mitsubishi Heavy Industries Europe, FAM supplied a portal reclaimer KP1200.41 with a capacity of 1200 tph for the new fertilizer plant in Garabogaz, Turkmenistan, for processing urea and ammonia.

Bigelow will lead digital strategy and the information technology services team, which provides the advanced tools and technologies required to execute increasingly complex global infrastructure projects.

Sulzer has appointed Fredéric Lalanne, currently Chief Commercial and Marketing Officer (CCMO), as President of the Pumps Equipment division.

Kalium Lakes Limited provides an end of year update on progress at the Beyondie Sulphate Of Potash project, as well as progress on funding and procurement activities.

Yara's activities will be structured within three segments, effective 1 January 2019.

The tender offer will expire at 11:59 pm, New York City time, on 11 December 2018, unless extended.

Ludman Industries provides an overview of its 'information enabled' OEM quality compaction systems.

EuroChem Group AG, a leading global fertilizer producer, announces the start of production at Russia’s first Urea Ammonium Sulfate (UAS) facility.

Dmitry Balandin has been appointed the Group's Vice President for Finance.

Canadian Pacific has showcased its next generation of grain transportation: a high efficiency product (HEP) train.

The company announced the changes at a meeting in Munich, Germany, yesterday.

In a meeting held on 5 December the company’s board of directors approved its 2040 Strategic Plan, part of which confirmed the company's ending of business in the fertilizer industry.

Chuck Magro, Nutrien's President and CEO, said the sale "marks the conclusion of a major deliverable for Nutrien."

The tunnel will convey up to 20 million tpy of polyhalite ore from the company’s new underground mine near Whitby in the UK.

African Export-Import Bank and Africa Finance Corp. will act as the mandated lead arrangers.

IFFCO, the Indian fertilizer producer and marketer, has signed off the official acceptance certificate of a revamping project involving 13 fertilizer plants.

The urea ammonium sulphate facility at the Novomoskovskiy Azot plant is projected to reach a final production capacity of 600 tpd.

The project was completed last month at the Acron Group site in Veliky Novgorod, Russia.

Jennifer Willis-Jones, CRU Fertilizer Week, looks at possible consequences of a worsening in relations between Russia and Ukraine and its potential effect on nitrogen fertilizer trade.

The company has received a non-binding indicative term sheet for a long-term concessional debt facility from the Northern Australia Infrastructure Facility of up to AUS$160 million.

The Chinese company has purchased a 23.77% share in SQM, a Chilean lithium miner, for US$4.066 billion.

9M18 revenue was RUB 77 779 million, up 12% y/y (9M17: RUB 69 289 million). In dollar equivalent, revenue was up 7% to US$1266 million from US$1188 million.