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Nitrogen

National Fertilizers Limited signs MoU

National Fertilizers Limited has signed a Memorandum of Understanding with India’s Department of Fertilizers regarding urea production in 2017 – 2018.

 
 

DuSolo completes US$2.5 million financing

DuSolo Fertilizers Inc. has closed the second and final tranche of its non-brokered private placement announced in May 2017, bringing the gross proceeds of the Private Placement to US$2.57 million.

 
 
 

Agrium and PotashCorp to become Nutrien

Potash Corp. of Saskatchewan Inc. and Agrium Inc. has announced that once the anticipated merger transaction closes, the new company will be named Nutrien.

 

FEB exits Bulgarian investment

First Energy Bank has exited from its investment in Bulgaria. FEB had invested in December 2013 jointly with Borealis in FEBORAN, which is an investment vehicle set up in Bulgaria to acquire 20.3% equity stake in Neochim.

 
 

Acron increases urea output

The capacity of Acron’s four urea units in Veliky Novgorod is now 1800 tpd, following an overhaul of four production units.

 

Technical failure at Petrokemija

Petrokemija, Croatia, has temporarily halted production at its ammonia plant due to a technical failure.

 

DoJ approves DuPont and Dow merger

DuPont and The Dow Chemical Co. have reached a proposed agreement with the Antitrust Division of the United States Department of Justice (DoJ) that will permit the companies to proceed with their proposed merger of equals.

 
 

Clariant CEO retires

Clariant has announced the retirement of Ken Golder, who serves as North America Region Head as well as President and CEO of both Clariant Corp. and Clariant Canada Inc.