Government of Saskatchewan backs SOP expansion project
Saskatchewan Mining and Minerals' upgraded facility in Chaplin is expected to produce 150 000 metric tpy of sulfate of potash, which will be sold to North American and international markets.
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Saskatchewan Mining and Minerals' upgraded facility in Chaplin is expected to produce 150 000 metric tpy of sulfate of potash, which will be sold to North American and international markets.
Under the terms of the MoU, KBR plans to integrate Cummins' proton exchange membrane electrolysis technology into its green ammonia solution, K-GreeN.
The company recorded 1Q21 net earnings of US$151 million, or US$0.70 per diluted share.
The company recorded an adjusted net profit of US$94 million in 1Q21 compared to an adjusted net loss of US$82 million in 1Q20.
Incitec Fertilizers Pty Ltd has entered into a 20-year off-take agreement with Perdaman with a commitment to take up to 2.3 million tpy of granular urea fertilizer from Perdaman’s proposed urea plant at Karratha in Western Australia.
The company has reported a net loss of US$25 million, or US$2.37 per common unit, on net sales of US$61 million for 1Q21.
Scheduled for completion in 2023, the first concrete phase of the project will produce up to 625 t of renewable hydrogen and 3700 tpy of renewable ammonia.
The company expects to begin production in 2022.
The company recorded net income of US$157 million, or US$0.41 per share, for 1Q21.
The company's 1Q21 adjusted net earnings were US$165 million, or US$0.29 per share, and adjusted EBITDA was US$806 million.
The three companies have become limited partners in AP Ventures' Fund II, which invests globally in the hydrogen value chain from production to transport, through storage and to end use.
The company's net profit in 1Q21 was RUB5604 million, against a loss of RUB10 174 million in 1Q20.