Nalco Water has launched non-phosphorus and low-phosphorus chemistry programmes for mild steel corrosion control in cooling water systems.
The company has said the decision was reached in light of the continued downward pressure on global fertilizer prices.
The company's revenue in 3Q19 rose by 3% y/y to RUB64.6 billion (US$1.0 billion) mainly due to higher sales in priority markets. Revenue for 9M19 increased by 12% y/y to RUB195.0 billion (US$3.0 billion).
The two companies agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of the South African company’s projects both in South Africa itself, including Elandsfontein, the country’s second largest phosphate deposit, and in the Republic of the Congo and Ghana.
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The company's total fertilizer production in 3Q19 increased by 15.2% y/y to 2460.4 kt. Fertilizer output for 9M19 grew by 7.2% y/y to 7162.0 kt.
The Group will supply over 100 000 t of ammonium nitrate and NPK to the Bryansk, Orel and Novgorod regional departments of agriculture for 2020.
The company has said that there will be a delay to the the time required to bring the Elandsfontein phosphate mine in South Africa to production.