Kemira Sells Last Fertilizer Asset

Arab Potash Co. (APC; Amman) has acquired Kemira’s 50% stake in Kemira Arab Potash Co. (Kemapco; Aqaba, Jordan). Danish Industrialisation Fund for Developing Countries (Copenhagen) holds the other 50%. Kemapco produces potassium nitrate and dicalcium phosphate at Aqaba. The Kemapco stake was Kemira’s “last fertilizer asset,” the company says. Kemira spun off most of its fertilizers business as Kemira GrowHow in...

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