Nutrien announces temporary inventory shutdowns at three potash mines
The shutdowns are at the company's Allan, Lanigan and Vanscoy potash mines in Saskatchewan, Canada.
The shutdowns are at the company's Allan, Lanigan and Vanscoy potash mines in Saskatchewan, Canada.
The strategic review of the company's Fertilisers Asia Pacific business segment will assess various options including a potential sale of the business, a demerger or retaining the business and continuing to invest for growth.
Company revenue increased by 11% to US$926 million from US$833 million during 1H19.
For its new Ammonium Nitrate-based granulated compounds production at the Wloclawek site, ANWIL has chosen CEAMAG Technology.
At 30 June 2019, Karnalyte Resources had cash of CAN$8.6 million, a positive working capital of CAN$8.7 million and no debt.
BayoTech has announced that its Board of Directors has appointed Mo Vargas as President and Chief Executive Officer. Mo will also become a member of the Board of Directors for BayoTech.
Kiwa Bio-Tech Products Group Corp. recently completed research of a new fertilizer processing technology with several technology institutes.
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.