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Ammonia news

FEB exits Bulgarian investment

First Energy Bank has exited from its investment in Bulgaria. FEB had invested in December 2013 jointly with Borealis in FEBORAN, which is an investment vehicle set up in Bulgaria to acquire 20.3% equity stake in Neochim.


Technical failure at Petrokemija

Petrokemija, Croatia, has temporarily halted production at its ammonia plant due to a technical failure.


MoU approved for Malaysia urea supply

The Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) for the development of a US$2.1 billion ammonia and urea manufacturing plant in Malaysia.


ICL adjusts organisational structure

ICL has announced that its Specialty Fertilizers (ICL SF) business line has become a part of the company’s Essential Minerals division.