PhosAgro releases 9M19 financial results
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).
Stay up to date with the latest news and updates from the fertilizer industry.
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.