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Nitrogen

Yara expands improvement programme by 70%

Yara has announced that it is expanding its improvement programme by 70%, evaluating an IPO of its industrial nitrogen businesses, and setting out clear principles for capital allocation.

 

ADNOC and OCI form joint venture

The partnership sees ADNOC combine its fertilizer business, ADNOC Fertilizers, into OCI’s Middle East and North Africa nitrogen fertilizer platform. ADNOC and OCI will own a 42% and 58% stake in the JV respectively.

 
 
 
 
 

Dorogobuzh supports Smolensk farmers

Dorogobuzh, an Acron Group company, donated 1000 t of mineral fertilizers to farmers in 23 districts of Smolensk region received free of charge in 2019.

 

Acron holds annual general meeting

The shareholder meeting on 30 May 2019 approved Acron annual report, financial statements and profit and loss distribution for 2018.

 
 
 
 
 

New 60 000 tpy melamine complex for Eurotecnica

JAMG Group’s Shanxi Jinfeng Coal Chemical Co., Ltd and Proman Group’s Milan-based Eurotecnica Company have come to an agreement for the implementation of a 60 000 tpy melamine project.

 
 

GEA appoints new chief financial officer

Marcus Ketter is the new chief financial officer of GEA Group Aktiengesellschaft. His predecessor, Helmut Schmale, left the company on 17 May 2019, after more than 10 years in this position.