Bifox secures Bayovar 9 phosphate rock project
Bifox Ltd has acquired an initial 16.667% stake in Fosfatos del Pacífico S.A. (Fospac) from Fossal S.A.A. for $10 million, with a call option to purchase the remaining 83.333% for $50 million.
Section: CRUFI Industry News
Turkey’s İGSAŞ restores ammonia capacity with lower energy use
Germany's thyssenkrupp Uhde, working with Johnson Matthey, has completed a major ammonia converter revamp for İGSAŞ at its Kocaeli, Turkey, complex, restoring original nameplate capacity while cutting energy demand and pressure drop.
Nextchem expands circular metals recovery with ETEK deal
NEXTCHEM, the sustainable technology arm of MAIRE, has strengthened its circular solutions platform by acquiring a 70% stake in Italian metals recovery specialist ETEK S.r.l.
FAO–IFA renew fertilizer pact for data driven, sustainable nutrient use
The UN Food and Agriculture Organization (FAO) and the International Fertilizer Association (IFA) have renewed their cooperation agreement to push more sustainable, evidence based fertilizer use and strengthen global agrifood resilience.
Peregrine Hydrogen tops IFA startup competition
Santa Cruz, California headquartered Peregrine Hydrogen has been named overall winner of the International Fertilizer Association’s (IFA) Cultivate Challenge for its low energy hydrogen and acid technology, as the association also unveiled a new global line up of fertilizer startups for the competition’s second edition.
Canada food plan puts fertilizer first
Canada’s new National Food Security Strategy makes fertilizer access, approvals and supply security a core part of federal efforts to lower food costs and cut exposure to global shocks.
USITC moves to full review of US phosphate duties
The US International Trade Commission (USITC) has decided to carry out a full, in depth review of US subsidy duties on phosphate fertilizer imports from Morocco and Russia.
AFC backs $7bn Dangote fertilizer project
Africa Finance Corporation (AFC) is backing a $7 billion expansion of Dangote Group’s fertilizer business to triple urea capacity in Nigeria and build a new plant in Ethiopia, in a major push to shore up Africa’s food security.
Daewoo finishes Indorama’s third Nigerian fertilizer train on schedule
South Korea's Daewoo Engineering & Construction has completed Indorama’s third fertilizer plant in Nigeria on schedule, reinforcing the contractor’s long running push into African nitrogen capacity.
thyssenkrupp Uhde and Fuella advance twin Brazilian green ammonia hubs
Germany's thyssenkrupp Uhde has signed pre‑FEED contracts with Fuella AS, a Bergen‑based developer and operator of green hydrogen and green ammonia projects founded in 2020, for two 400,000 tpa green ammonia plants at the ports of Pecém and Açu in Brazil.