Itafos has reported its 2Q19 financial results and operational highlights. The financial statements and management’s discussion and analysis for the quarter ended 30 June 2019.
Wet weather in the Midwest US negatively impacted the company's North American spring fertilizer sales volumes and phosphates margins.
Kiwa Bio-Tech Products Group Corp. recently completed research of a new fertilizer processing technology with several technology institutes.
More Phosphates news
Future Market Insights is reporting that the agriculture testing services market will exhibit a steady 6% CAGR through 2028.
PhosAgro has announced that an extraordinary general meeting of shareholders has approved the payment of dividends in the amount of RUB9324 million, or RUB72/share.
The agreement with the OCP Group forms part of Itafos's repurpose plan to optimise finished fertilizer production with a multi-product portfolio of higher grade SSP, micronutrient SSP and value added premium PK compound products.
The plant was idled in late 2017 because it was one of the higher cost phosphates facilities in Mosaic’s Florida Operations and due to global phosphate market conditions.