Tag Archives | fertilizers

Could Poland fertilizer agreement signal a merger?

Zaklady Azotowe Pulawy (ZAP), Poland’s largest fertilizer producer, and Zaklady Chemiczne Police (ZChP), the country’s second-largest fertilizer producer, today signed a business cooperation agreement.With the two groups in the midst of privatisation, I wonder if potential purchasers might look to merge the two groups, with all the consequent savings in overheads. ZAP produces nitrogen fertilizer, […]

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Cargo Ships Ply Their Trade At Odessa Port

Yara takes part in Odessa, Ukraine privatisation

Odessa portNorway’s Yara has applied for tender documents in Ukrainian privatisation. Brave western chemical companies are keen to enter fast-expanding eastern markets even if they are volatile. Yara is teaming up with the Libyan Government!According to chemie.de, “Yara International ASA has, through a subsidiary, applied to the State Property Fund of Ukraine (SPFU) for receiving […]

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Libya closes in on Ukraine chemicals plant and farm project

Ukraine has invited Libyan companies to bid for a large fertiliser factory, Prime Minister Yulia Tymoshenko said after talks with her Libyan counterpart, Al-Baghdadi Ali al-Mahmoudi, according to interactiveinvestor.com.“Ukraine has been trying to sell the Odessa Port chemicals plant for years and had been previously stopped by presidential decrees. This time round, President Viktor Yushchenko […]

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Crisis hit Zaklady Chemiczne Police loses CEO

Poland’s beleagurered second-largest fertilizer producer, Zaklady Chemiczne Police (ZChP) has lost its CEO. According to Reuters Ryszard Siwiec, stepped down last Thursday citing personal reasons.“Siwiec is the second top official to resign after Police, hit by bad currency bets, high expenses and falling demand, reported losses of $151 million in the last two quarters. The […]

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Iraq petrochemicals industry has a bright future?

Just found a fascinating article on the potential for chemical industry growth in Iraq. It is very difficult to get accurate information out of this country, so the report by the Global Arab Network, quoting the Iraqi National Investment Commission is well worth reading.It describes the country’s existing oil and chemical infrastructure and points out […]

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