in this issue
Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Vale Plans to Combine Bunge, Fosfertil Assets
8:51 AM MDT | August 10, 2010 | Kara Sissell
The Brazilian mining firm Vale (Rio de Janeiro) plans to combine its fertilizer assets to form a single, listed company, Vale Fertilizantes. Vale last January agreed to buy the Brazilian fertilizer assets of Bunge for $3.8 billion in cash. That deal included an 100% stake in Bunge’s rock mine and phosphate manufacturing unit Bunge Participações e Investimentos (BPI), as well as a 42% stake in Fertilizantes Fosfatados (Fosfertil). The combined assets give Vale 6 million-7 million m.t./year of phosphate in Brazil. The plan to unit the BPI...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee