Fertilizer project news
Yara International ASA announces strategic divestment in Ivory Coast
Recognising the ever-evolving challenges in the global food industry, Yara has undertaken a thorough analysis of its operations, considering market dynamics, regulatory environment, and strategic growth opportunities.
Brazil Potash is fully permitted for construction
Brazil Potash has obtained, through its wholly-owned subsidiary Potássio do Brasil, all of the necessary permits and licenses required for construction of its Autazes Potash Project which will produce potash — an essential fertilizer for the food security in Brazil and the world.
Fertilizer Canada calling on the Federal Government to take immediate action to prevent rail work stoppage
Fertilizer Canada is urgently calling on the federal government to take immediate action to prevent a work stoppage on both railways through binding arbitration that prohibits Teamsters Canada Rail Conference (TCRC) from undertaking strike action and CN Railway and Canadian Pacific Kansas City (CPKC) from lockout action.
Petrobras starts reactivation process for fertilizer plant in Araucaria (Parana state)
Petrobras has informed that it will invest R$870 million to restart operating activities at the Araucaria Nitrogenados S.A (ANSA) fertilizer plant, a wholly-owned subsidiary of the company.
Fertilizer Canada warns threat of rail labour disruption already impacting fertilizer shipments
CN Railway and Canadian Pacific Kansas City (CPKC) issued embargoes immediately halting certain fertilizer shipments ten days ahead of an anticipated labour disruption. Fertilizer Canada is calling on the federal government and Labour Minister Steven MacKinnon to take immediate action to assist all parties.
Angolan sovereign wealth fund board approval to invest US$10 million in Minbos
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).
Nutrien reports 2Q24 results and announces Chief Financial Officer transition
2Q 2024 adjusted EBITDA was US$2.2 billion and adjusted net earnings per share was US$2.34.
Mitsubishi Heavy Industries and Taiwan Fertilizer partner to develop fuel ammonia value chain in Taiwan
The companies have signed an MoU to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. This is in support of Taiwan's ‘2050 Net-Zero Emissions’ goal.
New fertilizer plant to be developed in Tanzania
The Tanzania Investment Center (TIC), the Tanzania Fertilizer Regulatory Authority (TFRA) and the Petroleum Development Corporation (TPDC) have signed a Memorandum of Understanding (MoU) with ESSA in Indonesia to develop a new fertilizer plant.
Afreximbank supports Angolan partners to drive industrialisation and boost food security
African Export-Import Bank and Amufert SA has announced that they have signed terms for a US$ 1.4 billion facility to support the establishment of a fertilizer plant in Angola.