Ecovyst reported 2Q 2026 sales of $250.0 million, up 42% from $176.1 million in 2025, driven by higher volumes and pricing, including about $55 million of sulphur cost pass-through. Net income rose to $10.7 million (a margin of 4.3%), while adjusted net income was $23.4 million. Adjusted EBITDA increased 27% to $53.1 million.
The Indian government is considering a new financial relief package for its domestic fertilizer industry aimed at protecting its agricultural sector from volatile global markets, according to a Department of Fertilizers (DoF) document dated 14 August. The proposal directly addresses the impact of the "West Asia crisis" on key raw material costs.
Three of the world's major phosphate producers used their second-quarter 2026 results to lay out how far a global sulphur squeeze is now cutting into their phosphate businesses.
Algeria's Sonatrach and the Algerian Fertilizers Company (AFC) on 12 August signed engineering, procurement and construction contracts with Italy's Saipem and China Harbour Engineering Company (CHEC) for the first phase of the country's Integrated Phosphate Project (PPI).
EuroChem has reportedly suspended operations at its Lifosa phosphate fertilizer plant in Kėdainiai, Lithuania, on the back of high raw material sulphur costs, CRU reported on 10 August.
Worley says that it has been awarded an engineering services contract by United States Strategic Metals to support the development of a multi-metallic processing hub in Missouri, United States. This will include the development of a cobalt refinery and a black mass recycling process line.
Canada's Capstone Copper has approved a $45 million pyrite recovery project at its Mantoverde copper operation in Chile that will cut the mine's sulphuric acid consumption by around 90,000 t/y, the company said in its second-quarter results on 30 July.
TotalEnergies says that, along with partners ADNOC, CNPC and Eni, it has reached a final investment decision (FID) for the $6.2 billion Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession. ADNOC Offshore is the field operator.
Koch Ag & Energy Solutions is buying a 50% share in Jorf Fertilizers Company I (JFC I) as part of a second joint venture with OCP Nutricrops.