Itafos reports 2Q19 financial results and operational highlights
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.
Phosphates
Mosaic Company announces 2Q19 results and idles production at Colonsay potash mine
Wet weather in the Midwest US negatively impacted the company's North American spring fertilizer sales volumes and phosphates margins.
New breakthrough with fertilizer processing technology
Kiwa Bio-Tech Products Group Corp. recently completed research of a new fertilizer processing technology with several technology institutes.
Advertisement
Nutrien releases 2Q19 results
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.
PhosAgro domestic fertilizer sales increase 14.3% y/y
PhosAgro-Region (a PhosAgro subsidiary) increased the total volume of mineral fertilizer sales to Russian agricultural producers by 14.3% y/y to 1.65 million t in 1H19.
Itafos provides update on engineering and construction of Guinea Bissau phosphate mine
The company has made an EPCM agreement with Lycopodium for services related to the development of Itafos Farim’s mine site, which is expected to produce 1.3 million tpy of phosphate rock.
Q&A with Nutrien
A short interview with James Wright, Senior Manager Capital Procurement at Nutrien, ahead of the 11th Chem Petrochem & Refinery Shutdowns and Turnarounds Conference.
Nutrien announces release date for 2Q19 results
The company will release 2Q19 earnings results on 29 July after market close.
Andrey Guryev elected chairman of the Russia–Brazil Business Council
Andrey Guryev, PhosAgro CEO and head of the Russian Fertilizer Producers Association has been elected chairman of the Russia–Brazil Business council.
More Phosphates news
Future Market Insights: agriculture testing services market to 2028
Future Market Insights is reporting that the agriculture testing services market will exhibit a steady 6% CAGR through 2028.
Itafos announces completion of planned plant turnaround
Itafos has announced that Itafos Conda completed its planned plant turnaround during June 2019.
PhosAgro EGM approves dividends
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.
Itafos signs phosphate rock supply agreement with OCP Group
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.
Mosaic closes Plant City phosphates manufacturing facility
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.
Argus and IFDC collaborate on Africa fertilizer markets
Argus Media has announced that it has signed a collaboration agreement with the International Fertilizer Development Center (IFDC).