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April 15, 2014
IC Potash (ICP; Toronto) announced today that the Bureau of Land Management (BLM) has authorized ICP to construct and operated a sulphate of potash project, called Ochoa, at Lea...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/IC-Potash-receives-BLM-approval-of-New-Mexico-potash-project_60302.html
April 15, 2014
Belarusan authorities have extended the country's zero export duty on potash until 31 December, according to local press reports. The duty, which previously was €75–85/m.t...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Belarus-extends-potash-export-subsidy-until-year-end_60301.html
April 15, 2014
Jourdan (Mississauga, ON), Autris (Los Angeles), and Process Research Ortech (PRO; Mississauga) have signed a term-sheet agreement covering the formation of a joint venture to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Canadian-US-firms-establish-JV-to-develop-on-demand-ammonia-technology_60299.html
April 15, 2014
K+S Potash Canada (Saskatoon, SK), a subsidiary of K+S Group (Kassel, Germany); and Pacific Coast Terminals (PCT; Port Moody, BC) have signed an exclusive, long-term contract for the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-signs-long-term-handling-storage-agreement-for-potash-project-in-Canada_60297.html
April 10, 2014
Leading potash producer Uralkali (Berezniki, Russia) says its 2013 net profit dropped 58%, to $666 million on revenue down 20%, to $2.7 billion. Uralkali's Ebitda declined 31% in 2013...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-posts-falls-in-2013-earnings-sales-says-performance-improved-after-exit-from-potash-cartel_60244.html
April 7, 2014
LSB Industries (LSB; Oklahoma City, OK) has announced plans to include representatives of activist investor Starboard Value on both its board and a strategic committee to be created later this year. Engine Capital, another activist investor, has expressed approval for the plan and withdrawn its own proposal for changing the board’s composition....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-to-make-board-changes-create-committee_60119.html
April 4, 2014
LSB Industries (LSB; Oklahoma City, OK) says subsidiary El Dorado Chemical will not renew an exclusive ammonium nitrate supply agreement with Orica International in order to resume distribution to the mining sector...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-to-end-exclusive-sales-of-ammonium-nitrate-to-Orica_60128.html
April 4, 2014
Gazprom on Thursday held discussions with Ukraine’s energy group Naftogaz of Ukraine (Kiev) urging the company to settle the accumulated debt for the supply of natural gas...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Gazprom-urges-Ukraine-to-settle-gas-debt-Odessa-stops-fertilizer-output-at-one-plant_60108.html
April 4, 2014
Saudi Arabian Mining Co. (Ma’aden) has announced that the Public Investment Fund has approved a $2-billion loan covering part of its previously announced phosphate project...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maadens-phosphate-project-gets-loan-approval_60109.html
April 3, 2014
Petroquímica de Venezuela (Pequiven), Braskem, and construction company Norberto Odebrecht (Salvador, Brazil) will build an ammonia and granulated urea plant at Pequiven's...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Pequiven-Braskem-Odebrecht-to-build-ammonia-production-urea-granulation-plant-in-Venezuela_60049.html
April 3, 2014
Sociedad Química y Minera de Chile (SQM, Santiago) suffered no structural damage to its facilities following the 8.2-magnitude earthquake that shook most of northern Chile and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/SQM-reports-no-structural-damage-to-its-facilities-from-Chile-earthquake_60048.html
April 3, 2014
Cool Planet Energy Systems (Camarillo, CA) has closed its series-D financing round at the targeted $100 million, the company announced. All of the current strategic and venture...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Cool-Planet-closes-series-D-financing-round-on-target_60045.html
April 3, 2014
Grupa Azoty (Tarnów, Poland) is launching investments in the plastics and fertilizers segments, the company announced. The company will build additional nylon-6 production and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Grupa-Azoty-announces-expansion-of-nylon-6-production-fertilizer-granulation-capacity_60039.html
April 2, 2014
Potash fertilizer producer Uralkali’s (Berezniki, Russia), as expected, has elected Sergey Chemezov as chairman. Robert Margetts and Dmitry Mazepin are deputy chairmen...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-elects-chairman_59871.html
April 2, 2014
Agrium announced today that it expects its first-quarter earnings per share, to be released on 6 May, to be “just above breakeven.” The company says the slow start to the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-first-quarter-earnings-to-be-flat-on-slow-spring-start_60010.html
April 2, 2014
ICL Corp. (Tel Aviv) announced that it has acquired over 30 million units of Allana Potash Corp. (Toronto) at a price of 47 cts/share—bringing ICL’s total stake to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/ICL-acquires-over-30-million-Allana-Potash-shares_59955.html
April 1, 2014
Resources company BHP Billiton (Melbourne) says that its fledgling potash operations could become a pillar of the company's business. BHP issued a statement today in response to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/BHP-says-potash-could-become-a-core-business_59994.html
March 28, 2014
The Indian government on Thursday approved reducing the potash subsidy for the 2014/15 fiscal year, starting this April, by nearly 20%, to 9,400 Indian rupees/m.t. ($160), which will...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/India-cuts-potash-subsidy-as-prices-decline_59894.html
March 27, 2014
Sinofert Holdings, China’s largest fertilizer producer and distributor, today reported lower figures on overcapacity problems of fertilizer industry and a sluggish market. Sales...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sinofert-earnings-down-on-weak-fertilizer-market_59877.html
March 25, 2014
According to Reuters reports, Mosiac says it has laid off 51 of its Canadian potash operation workers because of low prices and weak demand in the potash market. The market has slumped...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Mosaic-lays-off-51-workers-because-of-potash-market-constraint_59820.html
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