Global ammonium chloride market is poised to reflect moderate growth under 5% for the fertilizer, pharmaceuticals, food, other metal industries and textiles sectors.
The plants are located in the Brazilian states of Bahia and Sergipe.
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.
More Nitrogen news
The strategic review of the company's Fertilisers Asia Pacific business segment will assess various options including a potential sale of the business, a demerger or retaining the business and continuing to invest for growth.
For its new Ammonium Nitrate-based granulated compounds production at the Wloclawek site, ANWIL has chosen CEAMAG Technology.
At 30 June 2019, Karnalyte Resources had cash of CAN$8.6 million, a positive working capital of CAN$8.7 million and no debt.