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.
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.
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 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.