AMSTERDAM: OCI Global, a leading producer and distributor of nitrogen fertilizers and industrial chemicals, announced its financial results for the fourth quarter and full year 2023, showing a significant decline in revenues and earnings due to lower global nitrogen prices. The company also revealed that it has sold its stakes in Fertiglobe and Iowa Fertilizer…
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Andrey Sharonov elected Chairman of PhosAgro’s Board of Directors
MOSCOW, RUSSIA: The Board of Directors of PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, elected the independent director Andrey Sharonov as its Chairman at its first meeting following the Annual General Meeting of Shareholders. Alexander Sharabaiko was elected Deputy Chairman of the Board of Directors. The meeting also approved the leadership…
Gensource Potash Corporation confirms IPO on LSE
LONDON, UK: Gensource Potash Corporation, the fertilizer development company, confirmed its intention to seek admission of its common shares to trading on the AIM market of the London Stock Exchange. Gensource is the fertilizer development company focused on potash development at its Tugaske Project in Saskatchewan, Canada. Gensource Potash Corporation expects that Admission will become…
CI Resources Limited to acquire 50% stake in Swiss-based Kemoil SA for A$7.9 million
SYDNEY, AUSTRALIA: CI Resources Limited (CIRL) subsidiary PRL Global has entered into a Share Purchase Agreement (SPA) with Singapore-based Mekatrade Asia to acquire a 50% stake in Swiss-based Kemoil SA for a commitment totalling approximately AU$7.9 million. Based in Geneva, Switzerland, Kemoil operates a supply chain logistics business, enabling the efficient flow of commodities –…
Graham Clarke appointed CEO of Emmerson Plc
LONDON: Emmerson Plc, the Moroccan focused potash development company, announced the appointment of Graham Clarke as CEO effective from 1 July 2020. Graham is a highly experienced fertiliser industry executive with 26 years’ experience in underground potash mining and a proven ability to attract talent and build operating teams with the capability to deliver large,…