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Atlas Agro’s innovation sprint will accelerate the expansion of our local, green nitrogen fertilizer production model with a commitment to have at least two facilities.
In Q324, Cinis Fertilizer delivered its first shipload of potassium sulfate to customer Van Iperen International, who in turn resold it to growers in approximately 25 countries worldwide. After the end of the quarter, another shipload has been delivered to Van Iperen International. Cinis has also issued senior secured dark green bonds of SEK 550 million and refinanced all previous debt.
The strategic investor subscribed for 7 200 000 common shares of the company at a price of $0.40 per share for gross proceeds of $2 880 000.
The market is estimated to grow at a CAGR of 113.07% during the forecast period.
The common shares are expected to begin trading on the NYSE American on November 27, 2024 under the symbol 'GRO'.
The Foundation for employees’ shares in Yara has purchased shares in the market as part of the employee share purchase program in Norway.
The C$7.2 million investment aims to drive growth and increase the sustainability of Canada's agriculture industry through innovative technologies.
Topsoe will deliver a synthesis technology enabling the efficient conversion of green hydrogen to green ammonia, and will also deliver engineering design, proprietary hardware and catalysts for the plant.
CG Thermal specialises in providing process technology solutions for harsh and corrosive process streams, serving industries such as chemical processing, fertilizer production, and emerging technologies in the energy sector.
During FEED, engineers and designers create detailed plans for the facility, including how it will use technology to capture carbon and how materials will move through the plant.
The company's 2024 energy transition initiatives include converting the energy source for the Furnace and Burner System of the Phonska V Plant from coal to natural gas.
Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and catalyst solutions for AMUFERT's 2300 tpd ammonia plant.