Germany’s Bayer AG is to invest $100 million in the next big breakthrough in crop fertilizer. Its Bayer LifeScience Center division and biotech Gingko Biowork
Category: News
Market Update: Venezuela Abandons US Dollar in Oil Trade
Venezuela is no longer receiving or sending payments in US dollars in response to the sanctions imposed by the White House in August. Oil traders
Nigeria Rolls Out a Countrywide Program for Affordable Fertilizer
Nigeria’s Presidential Fertilizer Initiative, PFI, will deliver 4 million bags of 50kg Nitrogen, Phosphorous and Potassium (NPK) crop nutrients to farmers across the country at
‘Nutrien’ Update: Agrium-PotashCorp Merger Postponed
Agrium and PotashCorp merger that will bring two massive companies together will be delayed by trade negotiations. The deal is now expected to be struck
Canada’s Port Moody Potash Terminal Opened
K+S Potash Canada (KSPC) and Pacific Coast Terminals (PCT) have celebrated the opening of a modern storage and handling facility at PCT’s Port Moody terminal.
Boosting African Agriculture: Nigeria Revitalizes a 60,000-Ton Fertilizer Plant
Nigerian Vice President, Prof Yemi Osinbajo, has opened the Edo Fertilizer Plant and Chemical Company Limited, a public/private venture, which can produce approximately 60,000 metric
The US Refinery Capacity Hit by Hurricane Harvey
Gasoline prices went up in the United States after Hurricane Harvey knocked out refining operations and traders gauged damage to the Houston area in preparations
Coal Decline Goes On: Europe’s Electricity Driven by Gas and Renewables
The amount of electricity produced from natural gas and the amount of electricity produced from coal in OECD countries have matched, the International Energy Agency
Brazil to Boost Fertilizer Production by $9.53 Million
The world’s largest meatpacker, JBS SA, is going to invest 30 million reals ($9.53 million) to manufacture fertilizers in Brazil. The company will build a
Market Update: Coal Production Plummeted in 2016
According to the International Energy Agency (IEA), the world’s global goal production went down significantly in 2016. The agency collated data from official national data