Nitrogen

Yara is also expecting to complete the sale of its stake in Qatar Fertiliser Company in the next 2-3 weeks.

The company is shipping Apaliqua NP 11-37, a liquid nitrogen-phosphorus fertilizer, to farmers in Bulgaria and Hungary.

The NEOM project will use about 4 GW of renewable power from solar, wind, and storage to produce 650 tpd of carbon-free hydrogen.

The company has recently signed a 5-year agreement with Transkimtrade for the distribution of an aggregate of 350 000 t of Polysulphate fertilizers in the Ukraine.

Yara has committed 40 000 t of fertilizer, agronomic expertise and digital enablement to smallholder farmers in a public-private partnership supported by the UN World Food Program, the Norwegian government and African institutions.

The audit was performed by DNV GL, which confirmed the full compliance and efficiency of the quality management system with ISO 9001:2015 requirements.

Casale, the EPC project manager, has said the plant in Navoz, Uzbekistan, is now steadily operating at approximately 80% of the design load.

The share purchase plan raised approximately AUS$57.5 million for the fertilizer and chemicals manufacturer.

Acron Group has commissioned a new 700 000 tpy urea granulation unit at its Veliky Novgorod site in Russia.

The company's net profit increased by 124% y/y in the financial year ended 31 March 2020.

The company's net loss in 1Q20 was US$153 million, compared to a profit of US$133 million in 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.