Nitrogen

The company's revenue also increased by 24% y/y.

CVR Partners has announced net income of US$19 million, or US$0.17 cents per common unit, on net sales of US$138 million for 2Q19.

Net earnings in 2Q19 were US$858 million (US$1.47 diluted earnings per share). 2Q19 adjusted net earnings was US$1.58 per share and adjusted EBITDA was US$1.9 billion.

The company's ammonia output was up 6% y/y to 1 362 000 t.

A short interview with James Wright, Senior Manager Capital Procurement at Nutrien, ahead of the 11th Chem Petrochem & Refinery Shutdowns and Turnarounds Conference.

YPFB agreed the sale of 2.2 million m3/d of natural gas to the Russian firm for a 20-year period from 2023.

The company will release 2Q19 earnings results on 29 July after market close.

The Group’s environmental projects in 2018 focused on protecting air and water resources and reducing the impact of production waste.

Andrey Guryev, PhosAgro CEO and head of the Russian Fertilizer Producers Association has been elected chairman of the Russia–Brazil Business council.

Future Market Insights is reporting that the agriculture testing services market will exhibit a steady 6% CAGR through 2028.

Acron Group has commissioned a new 135 000 tpy nitric acid unit at its production site in Veliky Novgorod, the second new unit in 2 years.

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.

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.

Argus Media has announced that it has signed a collaboration agreement with the International Fertilizer Development Center (IFDC).

EuroChem Group AG has announced the signing of a memorandum of understanding to create new business technologies and practices with leading Russian financial institution Sberbank and coal producer SUEK.