
IFC announces US$1 billion mobilisation for construction of fertilizer line in Nigeria
IFC will directly lend US$100 million and mobilise an additional US$850 million of loans from other developmental financial institutions and commercial banks.
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IFC will directly lend US$100 million and mobilise an additional US$850 million of loans from other developmental financial institutions and commercial banks.

The tanks are located in warehouse facilities in the port of Rouen, France and the port of Ghent, Belgium.

Maire Tecnimont and Bio-on have signed an investment agreement that regulates the entry of Maire Green Chemicals in the share capital of U-Coat (Urea Coating) S.p.A. with an equal 50% participation.

Following the recent news that TechnipFMC and LTHE have been awarded major EPCC contracts for two natural gas based fertilizer complexes in Eastern India, LTHE’s CEO has spoken on the matter.

TechnipFMC has been awarded major engineering, procurement, construction and commissioning contracts for two state-of-the-art natural gas based fertilizer complexes in Eastern India.

Woodside Energy Ltd has announced that it has entered into a non-binding memorandum of understanding with Perdaman Chemicals and Fertilisers Pty Ltd for the supply of natural gas.

Stamicarbon has signed contracts with Hubei Sanning Chemical Industrial Co. Ltd for the licensing of technology and the delivery of proprietary equipment for a grassroots urea plant in China.

KBR Inc. has been awarded an ammonia plant contract by Toyo Engineering Corp. for the Hindustan Urvarak and Rasayan Ltd greenfield urea project in Gorakhpur, India.

Toyo Engineering Corp. has announced that it has been awarded a contract for the construction of a large scale fertilizer complex in Gorakhpur, Uttar Pradesh state, India.

Stamicarbon has announced that it has signed a license agreement for the construction of a greenfield urea melt plant owned by Brunei Fertilizer Industries SDN BHD.

According to Reuters, agriculture production costs in China are set to rise quickly this year due to the higher cost of pesticide and fertilizer.

Yara International ASA has announced that it has completed the acquisition of Tata Chemicals’ urea business in India.