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August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Israel Chemicals’ (ICL; Tel Aviv) board of directors on Wednesday reiterated the company’s decision to freeze $750 million of new and previously approved investment in...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/ICL-to-freeze-investments-in-Israel-in-protest-at-proposed-new-taxes-on-natural-resources_63045.html
August 6, 2014
OCI Resources (OCIR; Atlanta, GA) says second-quarter income and sales increased year-over-year (YOY) as higher prices and lower costs offset the effects of a production outage. Earnings of 51 cts/share were well ahead of the analysts’ consensus estimate of 45 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/OCI-Resources-beats-estimates-boosts-income-27-percent-YOY_63036.html
August 6, 2014
A Koch Industries nitrogen subsidiary will begin work on a $1.3-billion expansion of its nitrogen fertilizer plant at Enid, OK, in mid-September, the company has announced. The company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Koch-to-start-expansion-work-at-Oklahoma-nitrogen-fertilizer-plant-in-mid-September_63018.html
August 6, 2014
Belaruskali (Soligorsk, Belarus) says it raised exports of potassium chloride in the first six months of the year by 46.8%, to 4.81 million m.t. The company’s output in the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Belaruskali-increases-export-of-potash-in-first-six-months_63013.html
August 6, 2014
Sirius Minerals says it has decided to close the Sydney office to fully focus on the York potash project in the United Kingdom. Most executive roles in the company, which were...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-Minerals-to-close-Sydney-office-to-concentrate-on-UK-project_63014.html
August 5, 2014
LSB Industries (Oklahoma City) has awarded a $5.3-million contract to Rockwell Automation to supply process automation systems for a 360,000-m.t/year nitric acid plant and a 375,000-m.t./year ammonia plant that LSB is building at its El Dorado, AR, facility. The nitric acid plant, estimated to cost $120 million, will replace a plant lost in an explosion in 2012. LSB has estimated the cost of the ammonia project, which was announced in 2013, at $250-300 million....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-hires-Rockwell-Automation-for-El-Dorado-projects_62975.html
August 4, 2014
Vladislav Baumgertner, former CEO of Uralkali (Berezniki, Russia), one of the world’s largest potash producers, will remain under house arrest until October, the Russian Legal...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Former-Uralkali-CEO-to-remain-under-house-arrest-until-October_62960.html
August 4, 2014
Uralkali (Berezniki, Russia), one of the world’s leading potash producers, has signed an agreement with Promsvyazbank (Moscow), one of Russia’s leading privately owned...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-signs-agreement-with-Russian-bank-to-open-$250-million-credit-line_62957.html
August 4, 2014
Arab Potash Co. (Amman), a major producer of potash, reports a 4% increase in output in the first six months of the year, to 1.01 million m.t., and a 9% rise in sales to 1.19 million...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Arab-Potash-reports-lower-earnings-on-higher-energy-costs-and-lower-prices_62953.html
July 31, 2014
Mosaic today reported its results for the second quarter, with net income of $248 million down 73% year-over-year (YOY) with earnings per share of 64 cts/share below analyst estimates...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-earnings-down-CEO-to-return-from-medical-leave_62873.html
July 31, 2014
Agrium announced that its potash mine at Vanscoy, Saskatchewan experienced a mechanical failure on its main hoist system. As a result, production has been shut down. Due to the outage...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-potash-mine-down-on-mechanical-failure_62874.html
July 31, 2014
Vale's (Rio de Janeiro) gross operating revenue from its fertilizer operations totaled $661 million in the second quarter, down about 18% year-on-year (YOY), and net revenue amounted...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Vales-fertilizer-revenue-down-18-percent_62871.html
July 30, 2014
Intrepid Potash today announced its second quarter results, as well as the resigning of its current CFO Dave Honeyfield—effective 29 August. Honeyfield is resigning in order to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Intrepid-Potash-reports-earnings-drop-CFO-resigns_62832.html
July 30, 2014
Cargill has completed the acquisition of Mosaic's salt production business at Hersey, MI, Cargill says. Financial terms of the agreement were not disclosed. In November 2013, Mosaic...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Cargill-acquires-Mosaics-salt-production-in-Michigan_62808.html
July 30, 2014
Mosaic says it plans to discontinue production of muriate of potash (MOP) at its Carlsbad, NM facility. The final date of production is expected to be 31 December, according to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-to-end-MOP-production-at-New-Mexico-facility_62667.html
July 28, 2014
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Compass-Minerals-reports-loss-on-weak-salt_62744.html
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