Fertilizer project news

The company is developing two sulfate of potash projects in Western Australia.

ADNOC and OCI are seeking to make Fertiglobe the largest export-focused nitrogen fertilizer platform globally, and the largest producer in the MENA region.

Under the terms of the agreement, Maire Tecnimont will carry out preliminary engineering and site surveying work at the brownfield site adjacent to EuroChem’s existing production facilities at Kingisepp.

The agreement covers 100% of the potash production (146 000 tpy) from the Milestone Phase I plant in Saskatchewan, Canada.

The company is intending to invest US$3 billion in growth and modernisation by 2025.

ICL recently held a seminar in the Indian state of Maharashtra to market its Polysulphate product.

The consolidation of permits comes under Morocco's new mining code, which was implemented in 2015.

The company has said that global market conditions and the uncertainty related to Brexit mean its proposed US$500 million senior secured notes offering cannot currently be issued as planned.

The scope of work concerns execution of engineering, supply of all equipment and materials and construction and erection works. The project is expected to be completed in 36 months once it become effective.

The company received credit approval for a US$200 million senior debt facility earlier this year.