IHS Chemical Week

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December 8, 2011
The Saudi Arabian Fertilizer Company (Safco), a manufacturing affiliate of the Sabic, has awarded a turnkey contract for the engineering design, supply and construction of a previously announced Safco 5 fertilizer plant to Saipem (Milan). The new plant will be one of the world’s largest urea production facilities with an investment cost of SR 2 billion. It will be designed to produce 1.1 million m.t./year of urea and is expected onstream in the third quarter of 2014....
December 8, 2011
Iranian news agencies announced on Saturday that Oman has pulled out of a fertilizer joint venture project, citing disagreement over the price of gas. The announcement, quoting...
December 8, 2011
Honeywell and food and agribusiness company J.R. Simplot (Boise, ID) say they will partner to build a fertilizer facility to produce Honeywell's Sulf-N 26,which has significantly lower...
December 7, 2011
The board of directors at mining giant Vale (Rio de Janeiro) has approved 2012 investments of $21.4 billion, including $1.08 billion in 2012 for the 4.3 million m.t./year Rio Colorado...
November 27, 2011
The private equity group Primavera Capital Group (Hong Kong) has taken a stake in China XLX Fertiliser (Xinxiang City,  Henan Province, China), one of the largest and most...
November 25, 2011
Borealis announced today that it has made an offer to GPN, a subsidiary of Total Petrochemicals, to buy PEC-Rhin (Ottmarsheim, France). PEC-Rhin, equally owned by GPN and BASF...
November 23, 2011
Sociedad Química y Minera de Chile (SQM) reported third-quarter net income of $143.2 million, up 51% from the year-ago quarter on sales up 25%, to $574.7 million. Earnings were...
November 22, 2011
Australian mining company BHP Billiton (Melbourne) says it will keep its new Jansen, SK potash mine out of Canpotex, the potash export cartel owned by Saskatchewan producers, according...
November 21, 2011
DuPont’s Pioneer Hi-Bred business says it has signed a multi-year collaboration with Evogene (Rehovot, Israel) to improve resistance to soybean rust. Under the agreement, DuPont...
November 16, 2011
Toyo Engineering (Narashino, Japan), Mitsubishi Heavy Industries (Tokyo), Sojitz Corp. (Tokyo), and Sumitomo Corp. (Tokyo) say they have entered into an early work agreement with the...
November 15, 2011
Methanex and Agrium have each suspended production temporarily at manufacturing plants at Damietta, Egypt due to demonstrations in the area. EMethanex, a 60-40 joint venture between...
November 14, 2011
PhosAgro (Moscow), a leading producer of phosphate fertilizers, says it is considering plans to merge its Ammophos and Cherepovetsky Azot subsidiaries. Both subsidiaries are based at...
November 8, 2011
Innophos reported third-quarter net income of $19 million (84 cts/share), up from a net loss of $2 million in the third-quarter of 2010. Sales were up 20% from the year-ago quarter, to...
November 7, 2011
Fluor says it has acquired Air Products’ subsidiary Goar, Allison & Associates (GAA; Tyler, TX), a process engineering firm specializing in sulfur recovery technologies for...
November 3, 2011
Agrium reported third-quarter net income of $293 million ($1.85/share), up 380% from the year-ago quarter. Sales were up 52%, to $3.1 billion. The 2011 third quarter results included a...
November 1, 2011
Terra Nitrogen reported third-quarter net income of $128.4 million, up 264% from the year-ago quarter, on sales up 49%, to $203.3 million. Results for the third quarter of 2011...
November 1, 2011
CF Industries reported third-quarter net income of $330.9 million ($4.73/share) up 586% from the year-ago quarter, falling short of analysts’ estimates of $4.79/share, as...
November 1, 2011
Toyo Engineering has been awarded a contract to reduce and optimize energy consumption at an ammonia plant operated by Al-Jubail Fertilizer Co., a Sabic affiliate. The plant, at...
October 31, 2011
Tecnimont has been awarded a $540-million lump sum, turnkey engineering, procurement, construction and commissioning contract by Egyptian Chemical & Fertilizers Industries Co...
October 28, 2011
Saudi Arabian mining company Al Hamdi Group (Jeddah) plans to build a JD 1-billion ($1.4billion) phosphoric acid and fertilizer complex in Jordan, according to chairman Abdul Karim Al...
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