Stay up to date with the latest news and updates from the fertilizer industry.
MAIRE announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary Stamicarbon, the nitrogen fertilizer technology licensor, has been awarded new contracts related to its proprietary NX STAMI Urea technology in Canada.
Effective January 6, 2025, Stan Bharti, who has served as Executive Chairman, will step down as a director of the company and will assume the role of Chairman of the company's Advisory Board.
SIA Linas Agro, an indirectly controlled company of AB Akola Group, has acquired 100% of the shares of SIA Elagro Trade, a Latvian company, from Agrolats Holding AS and three natural persons.
In addition, Danakali has satisfied the Australian Securities Exchange’s (ASX) conditions to delist, which will occur on 18 December 2024.
ATOME has taken an option to purchase 13 hectares (32 acres) of land immediately next to its Villeta green fertilizer facility which would allow the Villeta facility to expand its total site to 43 hectares (106 acres) of contiguous area.
Funds raised are to be used to progress the Cabinda Fertilizer Project, export partnership opportunities, progressing Lobito distribution hub studies, green ammonia feasibility and partnership progression and general corporate working capital.
The loans under the facility will be issued at a price equal to 99% of their face value and bear interest at SOFR plus 4.0%, with closing expected before the end of the year.
The project improves the efficiency of nitric acid production, enhances the economic feasibility of nitric acid-based fertilizers, and aims to reduce environmental emissions.
The acquisition, effective 1 January 2025, brings together two family-founded businesses that excel in agricultural innovation and share a commitment to farmer success.
The proceeds will be used to advance Fox River’s Martison Phosphate Project in Ontario, Canada.
The company also provides an update on its position with respect to its assets and investments in Morocco.
The fertilizer industry is taking decisive action to address global water security challenges while ensuring sustainable agricultural production.