Announcement from The Fertilizer Show
This is the essential event for professionals across the fertilizer industry who are seeking to shape the future of sustainable agriculture.
Stay up to date with the latest news and updates from the fertilizer industry.
This is the essential event for professionals across the fertilizer industry who are seeking to shape the future of sustainable agriculture.
The announcement was made at the Green Ammonia Summit in Morris, Minnesota, US.
Grupa Azoty is expanding its product portfolio with the introduction of a granular nitrogen fertilizer with sulfur and calcium. This move continues the company's strategy to develop its offerings in line with market demands.
New Nitrogen-fixing seed treatment extends shelf-life to 2+ years in package/warehouse, plus additional years life on seed, increases yield with reduced fertilizer on multiple crops, and comes in easy-to-use product formats.
Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Ltd and AM Green Ammonia India Private Ltd (AMG Ammonia) have recently executed a firm and binding Power Purchase Agreement.
The first in Brazil, Yara now produces ammonia made from renewable biomethane and has already delivered the first tonnes of lower carbon product to its customers.
This funding, with existing commitments from a dedicated long-term shareholder and new investors, including Manitoba-based farmers, will allow the company to complete the final phase of pressure vessel certification, secure third-party engineering certifications, and move forward with the final step: connecting the system to Manitoba's green grid.
11 950 000 stock options announced at the price of US$0.065 per share and are exercisable for a period of 5 years.
The company's president and CEO for the past 7 years, is expected to leave the company in early 2025, following both the appointment of a replacement and a formal transition.
The fundraising was led by Shard Capital Partners LLP (Shard). The net proceeds of the fundraising will primarily support the company as it looks at its various options with respect to the dispute with the Moroccan Government.
The company and Banco Angolano de Investimentos, S.A. (Banco BAI), Angola’s largest commercial bank, signed a final term sheet in relation to a US$12 million term loan.
The catalyst is performing successfully at Sichuan Lutianhua's nitric acid plant and is projected to reduce annual emissions by 275 000 of CO2e.