OCI reports 1Q20 results
The company's revenues increased 36% to US$811 million and adjusted EBITDA by 49% to US$193 million in 1Q20 vs 1Q19.
The company's revenues increased 36% to US$811 million and adjusted EBITDA by 49% to US$193 million in 1Q20 vs 1Q19.
CVR Partners has announced a net loss of US$21 million on net sales of US$75 million for 1Q20.
The company has reported sales of US$1.57 billion for 1Q20, a 3% increase y/y.
1Q20 EBITDA excluding special items was US$504 million, up from US$464 million a year earlier.
In September 2019, the company commenced a strategic review of the Incitec Pivot Fertilisers business with three possible outcomes envisaged – sale, demerger, or retain and invest.
BayoTech will deploy an onsite hydrogen generator to one of Nutrien's nitrogen fertilizer plants.
The ReforMax 330 LDP Plus catalyst reduced pressure drop at OCI Nitrogen’s ammonia production plant in Geleen, Netherlands.
The company is taking steps, such as ensuring proper stocks of critical raw materials, to ensure they remain open.
At 31 December 2019, the company had cash of CAN$7.5 million, a positive working capital of CAN$7.2 million, and no debt.
The company's net profit increased by 80% to US$383 million, from US$212 million in 2018.
Linda Dempsey will be responsible for all aspects of the company’s global public affairs function.
The trials were conducted on various vegetable crops in the Bình Chánh and Cu Chi rural districts of southern Vietnam, where the country’s agricultural production is focused.
Yara and Qatar Petroleum have agreed on a purchase price of US$1 billion for Yara’s shares in Qatar Fertiliser Company.
The company's revenues were US$848 million and adjusted EBITDA US$237 million in 4Q19 as compared to US$942 million and US$269 million in 4Q18 respectively.
CVR Partners has announced a net loss of US$25 million on net sales of US$86 million for 4Q19.