GFM Network News



CVR to buy Rentech arm in N fertilizer merger

Reuters — Nitrogen fertilizer producer CVR Partners said Monday it would buy Rentech Nitrogen Partners for US$533 million, excluding debt, as global fertilizer makers scale up at a time when increased supplies weigh on nitrogen prices. The deal creates North America’s fifth-largest nitrogen producer, vaulting the companies past Norway-based Yara International. It comes less than […] Read more



Ukrainian N plants to shut, government pressure cited

Kiev | Reuters –– A company controlled by Ukrainian tycoon Dmytro Firtash said Thursday it was closing down its last two nitrogen fertilizer plants in Ukraine because of “unprecedented pressure” from the government which had deprived the plants of gas. A statement by his Group DF said the closure of the Cherkassky Azot and Rivneazot […] Read more


Ottawa’s new GHG goal eyes fertilizer, chem sectors

The federal government’s new target, to cut the country’s greenhouse gas (GHG) emissions by 30 per cent below 2005 levels in the next 15 years, will involve new regulations on fertilizer and chemical companies’ output. Environment Minister Leona Aglukkaq announced the government’s new target and general plans on Friday in Winnipeg, but hasn’t yet specified […] Read more