Minbos has announced that the Fundo Soberano de Angola, the Angolan Sovereign Wealth Fund (FSDEA), has confirmed its Board’s approval for a US$10 million strategic investment in Minbos, to support the construction of the Cabinda Phosphate Fertilizer Project (CPFP).
2Q 2024 adjusted EBITDA was US$2.2 billion and adjusted net earnings per share was US$2.34.
The Tanzania Investment Center (TIC), the Tanzania Fertilizer Regulatory Authority (TFRA) and the Petroleum Development Corporation (TPDC) have signed a Memorandum of Understanding (MoU) with ESSA in Indonesia to develop a new fertilizer plant.
African Export-Import Bank and Amufert SA has announced that they have signed terms for a US$ 1.4 billion facility to support the establishment of a fertilizer plant in Angola.
Grupa Azoty is expanding its product line in the field of ammonium nitrate, a primary nitrogen fertilizer. Initially, production of the fertilizer with a 33.5% nitrogen content, previously the flagship product of Grupa Azoty ZAK, will also begin at Grupa Azoty Pulawy.
The company has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., and its lower carbon ammonia project in Beaumont, Texas for an all-cash consideration of approximately US$2350 million.
Clariant has announced the expansion of its strategic cooperation with KBR in the field of ammonia production. The partners will continue collaborating on traditional ammonia projects while significantly increasing their focus on low-carbon and carbon-free ‘green ammonia’ applications.
Keras Resources has announced the commencement of commercial production of PhoSul® granules at its Integrated Delta Processing facility, Utah.
Trammo has announced the signing of a memorandum of understanding (MOU) between Trammo SAS, its French subsidiary, and Allied Green Ammonia Pty Ltd (AGA), an Australian company developing a facility expected to produce approximately 950 000 tpy of green ammonia.
CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.
Linggu Chemical Co. Ltd has selected NEXTCHEM’s subsidiary, Stamicarbon, to provide a licensing and process design package to improve the energy efficiency of an existing urea plant in China.
The Jansen potash project has reached a pivotal milestone with construction surpassing the 50% completion mark for Stage 1, with Stage 2 also underway.
The PepsiCo and Fertiberia pilot programme for the use of Impact Zero low-carbon crop nutrition solutions has delivered its first results.
Brazil Potash has announced the formation of an advisory board to provide further sector, Brazil country and investor relationship expertise as the Company advances the Autazes potash project to construction.
CF Industries Holdings and POET LLC, has announced a collaboration to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol.