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February 13, 2014
PhosAgro (Moscow), a leading fertilizer producer, announced today the election of a new board of directors. The move follows Maxim Volkov resigning as CEO in the middle of last...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-elects-new-board-of-directors_58796.html
February 13, 2014
Phillips 66 Partners (Houston), a new master limited partnership, has made its first asset acquisition, the $700 million purchase of the Gold Product Pipeline System and two newly constructed propylene-storage spheres from Phillips 66....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Phillips-66-Partners-acquires-pipeline-system-and-storage-for-$700-million_58806.html
February 12, 2014
Intrepid Potash reported a fourth-quarter net loss of $6 million, compared to a gain of $14.5 million in the year-ago quarter. Earnings of 8 cts/share were above analyst estimates of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Intrepid-Potash-reports-earnings-drop_58788.html
February 12, 2014
GlyEco (Phoenix) has begun the second phase of an expansion of its New Jersey processing center, which produces refinery-grade recycled glycol, the company says. The latest upgrades will increase the company's waste glycol processing capacity and storage capabilities....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/GlyEco-to-increase-glycol-recycling-capacity_58778.html
February 12, 2014
Saudi Arabian Mining Co. (Ma’aden) says that its subsidiary Ma’aden Phosphate Co. (MPC) will carry out a scheduled maintenance shut down in the ammonia plant located at Ras...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-shuts-ammonia-plant-for-four-week-maintenance_58766.html
February 12, 2014
Amseco Exploration (Montreal) announced on Tuesday that it entered into two agreements on 10 February 2014 covering the acquisition of all rights, titles, and interests held by...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Amseco-Exploration-in-reverse-takeover-of-Congo-potash-property_58764.html
February 12, 2014
Fertilizer major Yara International (Oslo) today announced lower fourth-quarter results, with weak commodity margins but robust value-added premiums and strong fertilizer deliveries...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-reports-lower-fourth-quarter-results-reflecting-weaker-prices_58759.html
February 11, 2014
Archer Daniels Midland  (ADM) says it has made a $25-million equity investment in Rennovia (Menlo Park, CA), a start-up developing catalytic processes for producing chemicals from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/adipic_acid/ADM-invests-in-biobased-nylon-start-up_58745.html
February 11, 2014
Blue Island Phenol is permanently closing its phenol/acetone facility in Alsip, IL, which the company shut down on 13 December 2013 after an explosion that injured two workers....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Blue-Island-Phenol-will-not-restart_58742.html
February 11, 2014
Mosaic today reported weak results in the fourth quarter since market conditions for potash and phosphates suffered. Net earnings of $129 million dropped 80% year-on-year (YOY)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-earnings-slump-on-weak-potash-phosphates-market_58740.html
February 10, 2014
CHS (St. Paul, MN), a farmer-owned cooperative, grains and food company, announced today that it has acquired the fertilizer business and related assets of Terral RiverService (Lake...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Crop-nutrient-co-op-CHS-acquires-distributor_58698.html
February 10, 2014
A heavy winter in fourth quarter of 2013 pushed sales and earnings upwards for Compass Minerals fueled by strength in the salt segment, according to results released today. Net income...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Compass-Minerals-results-surge-on-heavy-winter-weather-salt-sales_58716.html
February 10, 2014
PhosAgro (Moscow), a leading fertilizer producer, today reported fertilizer production and sales in 2013 rising by 9% and 11.2%, respectively. Phosphate fertilizer production and sales...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-reports-higher-fertilizer-production-and-sales-in-2013-upbeat-on-2014_58691.html
February 7, 2014
Petronas (Kuala Lumpur) announced today that it has been notified by a contractor of a fire incident aboard a vessel carrying equipment items to Petronas Chemicals’ subsidiary...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Fire-aboard-vessel-carrying-equipment-likely-to-delay-Petronass-Samur-project_58677.html
February 7, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, said today that it has acquired a 25% stake in Equiplan Participacoes, which is the main shareholder in Terminais...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-buys-stake-in-port-terminal-in-Brazil-eyeing-expansion-of-Latin-American-market_58674.html
February 7, 2014
Uralchem (Moscow), a major producer of fertilizers, says that it achieved record production results last year, particularly of ammonia, following increase in output at its facilities...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralchem-adjusts-fertilizer-output-to-cater-to-demand_58661.html
February 6, 2014
Plants owned and operated by La Seda de Barcelona (El Prat de Llobregat, Spain) at El Prat and Tarragona, Spain are to be acquired by Cristian Lay (Jerez de los Caballeros, Spain)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/La-Seda-to-sell-petchem-assets-in-Spain-to-market-entrant_58604.html
February 6, 2014
Agrium today announced that is naming several leadership positions. Richard Gearheard, senior v.p. and president of retail, will be retiring effective 31 March. Gearheard has been with...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-announces-senior-leadership-changes_58605.html
February 6, 2014
PetroLogistics (Houston) reports net income of $21.5 million for the fourth quarter, down 17% year-over-year (YOY) from $25.9 million. Sales totaled $191 million, up 15% YOY....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/PetroLogistics-sales-up-earnings-down-on-propane-costs-turnaround_58600.html
February 6, 2014
EuroChem (Moscow), Russia’s largest producer of fertilizers, on Wednesday reported a 67% decline in fourth-quarter net profit to 2.6 billion Russian ruble ($80 million) on 5%...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-reports-lower-earnings-on-higher-sales-continues-with-potash-projects_58587.html
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