Nitrogen

Nutrien Ltd has signed an agreement with Tianqi Lithium Corp., under which Tianqi has agreed to purchase 62 556 568 ‘A shares’ of SQM held by Nutrien.

The company has attributed the decision to recent actions in Ukraine restricting foreign suppliers of fertilizers and expectations of a further deterioration in the business climate.

Sales of US$1.36 billion were recorded during the period – a 2% increase on the corresponding period last year.

Yara International ASA has announced that it has closed its acquisition of the Vale Cubatão Fertilizantes complex, strengthening its integrated position in Brazil.

Abu Dhabi National Oil Co. and OCP Group of Morocco have announced that they have agreed to explore the phased creation of a new global fertilizers joint venture.

ICL has released its financial results for 1Q18, reporting sales of US$1.4 billion compared to $1.3 billion in 1Q17.

Mammoet has announced that its rapid response ensured the safety and ongoing operation of ammonia ship loading in the Julianakanaal for OCI Nitrogen.

Nutrien Ltd has released its results for 1Q18, reporting a net loss from continuing operations of $1 million and EBITDA of $487 million.

CVR Energy Inc. has announced that Matt Bley has been appointed Chief Accounting Officer and corporate controller.

CVR Energy Inc. has released a statement claiming that Tracy Jackson has been appointed Executive Vice President and Chief Financial Officer.

Praxair Inc. has announced that it has commenced the supply of hydrogen and nitrogen to Yara Freeport LLC – a world scale ammonia plant in Freeport, Texas, US.

The company, which manufactures nitrogen fertilizer products, is to become a wholly owned subsidiary of CF Industries Holdings.

Sentera has announced that it has signed an agreement to bring novel University of Minnesota-developed corn nitrogen deficiency technology to the market.

Israel Chemicals Ltd has announced that Raviv Zoller has been appointed as the company’s new CEO.

CVR Partners LP has released its results for 4Q17, reporting a net loss US$27.4 million on net sales of US$78.2 million.