21.11.2011
Fertilizer and specialty chemicals maker Israel Chemicals (ICL) posted sharply higher third-quarter net profit, boosted by strong demand, price increases and acquisitions and sees European fertilizer demand picking up in early 2012.
more19.07.2011
Phosphate and potash crop-nutrient producer Mosaic has reported a substantially higher profit for the fourth quarter, as sales grew 54% on increased selling prices and volumes. Looking ahead, the company provided a positive outlook for fiscal year 2012.
more07.07.2011
Israel Chemicals (ICL) said on Thursday it signed deals to supply Chinese customers with 500,000 tons of potash during the second half of 2011, following 500,000 tons sold in the first half.
ICL said its price is similar to recent prices recorded by other potash suppliers in the market and is about $70 a ton higher than selling prices to China in the first half of 2011.
more04.07.2011
Mosaic said a Saskatchewan Court ordered it to continue to supply potash to Potash Corp until the companies' trial, scheduled for January 2012, begins.
more30.06.2011
Belarusian Potash Company, the joint venture trader of Russia's Uralkali, is to sign a deal to supply potash to a major Indian buyer at considerably above $500 per ton, a source close to the talks told Reuters.
The source did not provide any details on the time frame or the volume for the deal.
more30.06.2011
Belarusian Potash Company, the joint venture trader of Russia's Uralkali , has agreed to a second half potash deliveries contract with major Chinese fertilizer importers at prices $70 a ton higher than in the first half.
more29.06.2011
Russian potash miner Uralkali sees rival producer Belaruskali as an attractive acquisition target, although a deal is unlikely soon, Uralkali CEO Vladislav Baumgertner said on Tuesday.
more27.06.2011
A takeover by Uralkali of Belarussian potash mining partner Belaruskali is too complex and unlikely to happen, Uralkali shareholder Alexander Nesis said, dampening hopes of a deal to create a sector giant.
"It is so complicated I don't believe it can happen," Nesis told Reuters. Nesis held 17.5% in Uralkali before a merger this month with rival Silvinit and holds around 12% in the newly combined group, now Russia's largest potash miner, he said.
more21.06.2011
German potash miner K+S will sell its garden fertilizer unit Compo to the European private equity investor Triton, K+S announced late on Monday.
The deal, which gives Compo an enterprise value of €205 million ($291.7 million), is expected to be concluded this summer, K+S said in a statement, adding that it expects a total cash inflow of about €150 million after assumed liabilities from the sale.
more20.06.2011
Uralkali, which recently merged with Silvinit to become Russia's largest potash miner, is not planning to buy Belaruskali, a major Uralkali shareholder said on Friday.
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