Bloomberg states that Ameropa found fertilizer production "harder than expected".
Bloomberg continues that "while the company doesn't plan to exit the space, it won't expand or look for other production assets." It continues "like many of its rivals, it has seen industry margins shrink".
Read the article online at: https://www.worldfertilizer.com/special-reports/16012019/ameropa-not-planning-on-expanding-fertilizer-business/
The plummeting cost of raw materials, growing production capacity, and mediocre demand have pressured global price indicators of nitrogen, phosphate, and potash to fall either to or near ten-year lows, according to Rabobank’s Semi-Annual Global Fertilizer Outlook.