Itafos idles Brazil phosphate fertilizer business
The company has said the decision was reached in light of the continued downward pressure on global fertilizer prices.
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).