Phosphates

Argus Media is reporting that Polish fertilizer production continued to rise strongly on the year in April, government data show.

Acron Group’s 1Q19 International Financial Reporting Standards (IFRS) net profit has gone up 82% to US$133 million.

Marcus Ketter is the new chief financial officer of GEA Group Aktiengesellschaft. His predecessor, Helmut Schmale, left the company on 17 May 2019, after more than 10 years in this position.

The board of directors also re-elected as its deputy chairman Andrey Guryev, vice president of the Russian Union of Chemists.

PhosAgro has welcomed the final decision taken at the level of the European Parliament and the European Council to limit the sale of phosphate-based fertilizers containing high levels of heavy metals everywhere in the EU from 2022.

According to the report, the global diammonium hydrogen phosphate market was US$892 million in 2018 and is expected to reach around US$2367 million by 2025, at a compound annual growth rate (CAGR) of slightly above 12% between 2019 and 2025.

The global monoammonium phosphate market is expected to post a CAGR of more than 2% during the period 2019–2023, according to the latest market research report by Technavio.

Acron Group has executed an amendment agreement to extend their up to US$750 million five-year syndicated structured pre-export finance facility which was originally signed with a group of relationship banks on 3 May 2017.

EuroChem Group AG, the global fertilizer company, has announced that its subsidiary Lifosa has received the Exporter of the Year award from the Lithuanian Confederation of Industrialists.

A new report on Single Superphosphate (SSP) is now available to read on ResearchandMarkets.com.

New report ‘Analyzing the Chemical Industry in United States 2019’ has been added to ResearchAndMarkets.com.

Nutrien Ltd’s Board of Directors has declared a quarterly dividend of US$0.43 per share payable 18 July 2019 to shareholders of record on 28 June 2019.

The growth in fertilizer industry will drive the growth of the monoammonium phosphate market.

Mosaic, the American integrated producer and marketer of concentrated phosphate and potash, has reported its results for the first quarter 2019.

Smolensk regional governor Alexey Ostrovsky met Acron CEO Vladimir Kunitsky to discuss Dorogobuzh’s investment projects in the region.