Phosphates

For the first time in several months, retail fertilizer prices appear to be softening.

The Moroccan firm has made plans for chemical, fertilizer and blending plants in Africa as part of its expansion in sub-Saharan Africa.

Federated Co-operatives Ltd. invests CAN$41.8 million in new state-of-the-art high-throughput fertilizer terminal near Grassy Lake, Alberta, Canada.

Any purchases will commence following the expiration of the current normal course issuer bid on 22 February 2019.

Grupa Azoty Police has signed a contract that gives it access to low-cadmium phosphate rock deposits until 2021.

Research and Markets releases an analysis of the global phosphate fertilizers market 2019-2023.

Priyanka Khemka, Nexant, details the consumption and capacity developments of nitrogen fertilizers in Asia.

Priyanka Khemka, Nexant, details the consumption and capacity developments of nitrogen fertilizers in Asia.

The company has received a non-binding indicative term sheet for a long-term concessional debt facility from the Northern Australia Infrastructure Facility of up to AUS$160 million.

This is the second PhosAgro office in Latin America, with the first opened several years ago in Sao Paulo, Brazil.

Andrey A. Guryev, PhosAgro's CEO, spoke at a panel session titled ‘Innovations and technologies as a factor of export development’.

The Canadian company said that it had reduced spending significantly.

OCP senior management will host a conference call to discuss 3Q18 results at 9:30 am EST, 3:30 pm Morocco time (GMT+1), and 2:30 pm London time (GMT) on 29 November.

The company’s revenue in 3Q18 rose by 35% y/y to RUB 62.8 billion (US$958 million), while EBITDA grew by 72% y/y to RUB 23.4 billion (US$357 million).

The cap is intended to promote the use of organic fertilizers and reduce health and environmental risks.