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International Fertilizer Update
Oct 29:
Acron Group’s Fertiliser Output Up 3% in 9M 2018
In 9M 2018, commercial products output increased 3% year-on-year to 5.6 million tonnes, setting yet another record. Mineral fertiliser output was up 3% as well to 4.6 million tonnes.
8The Group’s facilities increased ammonia output 3% to 2 million tonnes. Output at the new Ammonia-4 unit was 625,000 tonnes, up 7% year-on-year. Further upgrades to the unit are underway to increase its capacity to 2,500 tonnes per day.
8The increased ammonia output will make it possible to ramp up production of nitrogen and complex fertilisers.
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PhosAgro identifies priorities for 2019, strategizes for 2025
8The Board of Directors meeting took place in Singapore, where PhosAgro Asia, PhosAgro’s first international trading company was launched exactly five years ago.
8Since then the company has opened eight more international trading companies in its priority export markets. As a result, PhosAgro’s share of direct sales currently exceeds 90%, compared to a 53% share five years ago.
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TechnipFMC Third Quarter 2018 Result: Net income was $136.9 mill
8Total Company revenue was $3,143.8 million. Net income was $136.9 million, or $0.30 p.
8These results included after-tax charges and credits of $2.9 million, or $0.01 per diluted s diluted earnings per share were $0.31.
8Adjusted EBITDA, which excludes charges and credits, was $430.5 million; adjusted EBITD percent. After-tax charges and credits are detailed in the financial schedules.
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Saipem: results for the third quarter and the first nine months of 2018
8Revenues: €6,098 million (€6,873 million in the first nine months of 2017), of which €2,259 million in the third quarter, Adjusted EBITDA: €760 million (€795 million in the first nine months of 2017), of which €277 million in the third quarter, EBITDA: €642 million (€737 million in the first nine months of 2017), of which €232 million in the third quarter.
8Adjusted operating profit (EBIT): €417 million (€400 million in the first nine months of 2017), of which €162 million in the third quarter, Operating profit (EBIT): €43 million (€257 million in the first nine months of 2017), of which €117 million in the third quarter, Adjusted net profit: €17 million (€151 million in the first nine months of 2017), of which 11 million in the third quarter
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In 9M 2018, commercial products output increased 3% year-on-year to 5.6 million tonnes, setting yet another record. Mineral fertiliser output was up 3% as well to 4.6 million tonnes.
8The Group’s facilities increased ammonia output 3% to 2 million tonnes. Output at the new Ammonia-4 unit was 625,000 tonnes, up 7% year-on-year. Further upgrades to the unit are underway to increase its capacity to 2,500 tonnes per day.
8The increased ammonia output will make it possible to ramp up production of nitrogen and complex fertilisers.
Click on Report for more
PhosAgro identifies priorities for 2019, strategizes for 2025
8The Board of Directors meeting took place in Singapore, where PhosAgro Asia, PhosAgro’s first international trading company was launched exactly five years ago.
8Since then the company has opened eight more international trading companies in its priority export markets. As a result, PhosAgro’s share of direct sales currently exceeds 90%, compared to a 53% share five years ago.
Click on Report for more
TechnipFMC Third Quarter 2018 Result: Net income was $136.9 mill
8Total Company revenue was $3,143.8 million. Net income was $136.9 million, or $0.30 p.
8These results included after-tax charges and credits of $2.9 million, or $0.01 per diluted s diluted earnings per share were $0.31.
8Adjusted EBITDA, which excludes charges and credits, was $430.5 million; adjusted EBITD percent. After-tax charges and credits are detailed in the financial schedules.
Click on Report for more
Saipem: results for the third quarter and the first nine months of 2018
8Revenues: €6,098 million (€6,873 million in the first nine months of 2017), of which €2,259 million in the third quarter, Adjusted EBITDA: €760 million (€795 million in the first nine months of 2017), of which €277 million in the third quarter, EBITDA: €642 million (€737 million in the first nine months of 2017), of which €232 million in the third quarter.
8Adjusted operating profit (EBIT): €417 million (€400 million in the first nine months of 2017), of which €162 million in the third quarter, Operating profit (EBIT): €43 million (€257 million in the first nine months of 2017), of which €117 million in the third quarter, Adjusted net profit: €17 million (€151 million in the first nine months of 2017), of which 11 million in the third quarter
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