IHS Chemical Week

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February 1, 2012
Yara International has acquired an additional 16% stake in fertilizer company Burrup Holdings Ltd. (BHL; Perth, Australia) for $143 million, raising its stake in BHL to 51%. Meanwhile...
January 26, 2012
PotashCorp of Saskatchewan reported fourth-quarter net income up 34%, to $683 million (78 cts/share), on sales up nearly 3%, to $1.87 billion. Despite higher realized prices...
January 26, 2012
India is interested in acquiring a stake in potash producer Belaruskali (Soligorsk, Belarus), India’s ambassador to Belarus Manoj Kumar Bharti told journalists today. This is the...
January 24, 2012
PhosAgro (Moscow), a vertically integrated producer of phosphate-based fertilizers, says it has appointed Alexander Sharabaika as CFO. The position of CFO was previously held by Roman...
January 20, 2012
GPN, the fertilizer subsidiary of Total, has signed a contract to acquire BASF's 50% stake in the companies' PEC-Rhin fertilizer joint venture. GPN is exercising its pre-emption rights...
January 12, 2012
Sibur (Moscow) confirms completion of the sale of  its tire business, Sibur-Russian Tyres (SRT), to a group of investors. Vadim Gurinov, former CEO of Russia's largest tire...
January 12, 2012
Gujarat State Fertilizers & Chemicals (GSFC; Vadodara, India) has today informed the Bombay Stock Exchange (Mumbai) that the company is building a bio-complex for producing liquid...
January 9, 2012
Global demand for fertilizers is forecast to grow 3.8%/year through 2013, to 415 million m.t., driven by renewed investment after users pulled back in response to the high prices and...
January 9, 2012
PotashCorp. of Saskatchewan says it plans to idle potash production at its Allan, SK mine due to waning demand. Production will be shut down for four weeks beginning in early February...
January 6, 2012
The International Fertilizer Industry Association (IFA; Paris) says that world fertilizer demand is anticipated to rise steadily in 2012, in response to attractive agricultural...
January 6, 2012
KBR (Houston) says it has been awarded a contract by Matix Fertilisers & Chemicals (Panagarh, India) to perform a simulation study for the complete steam system at Matix’s...
January 5, 2012
Mosaic reported net income of $624 million ($1.40/share) for the fiscal second-quarter ended November 30, compared with $1.03 billion ($2.29/share) in the year-ago period. Despite...
January 4, 2012
Rentech Nitrogen Partners (Los Angeles) says it has secured a bridge loan of up to $40 million from Rentech, Inc. (Los Angeles) to expand ammonia production capacity at the...
January 4, 2012
Israel Chemicals Ltd. (ICL; Tel Aviv) has reached agreement with Israel's ministry of finance regarding ICL's cost and obligations for a Dead Sea salt harvesting project, and the level...
December 30, 2011
Phosagro (Moscow), Russia's biggest integrated producer of phosphate fertilizers, has approved a rubles7-billion capital expenditure budget for its Apatit mining subsidiary in 2012...
December 29, 2011
Mosaic Co. says it plans to reduce finished phosphate production by up to 250,000 m.t. through March 31, 2012. "Isolated phosphate market spot prices have become disconnected with...
December 22, 2011
Sibur Holding says it has sold its fertilizer production business to Siberian Business Union (Kemerovo, Russia). Sibur has previously said that fertilizers and tires are non-core...
December 22, 2011
Orascom Construction Industries (OCI; Cairo) says its board of directors has decided to demerge the company’s construction business from its fertilizer business. OCI will file an...
December 14, 2011
Agrium says its board has approved a 1-million m.t. brownfield potash capacity expansion at its Vanscoy, Saskatchewan facility for approximately $1,500/m.t., or $1.5 billion. The...
December 13, 2011
Yara International (Oslo) and Moroccan phosphate provider OCP (Casablanca, Moroccos) say they will establish a 50-50 fertilizer joint venture in Brazil and will enter into a phosphate...
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