Company reports $525 million revenue for Q3 2023 and $1.8 billion for the 9M; Announces dividends of $275 million for H1 2023
fertilizer
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Clean Earth Technologies
MCT strikes mega-deal with Singapore
The timing of the collaboration move is significant as it resonates with the current climate change talks in the region in the backdrop of the COP27 meet in Egypt
Abu Dhabi
Fertiglobe flush with cash as quarterly revenue reaches $1.32 billion
The Abu Dhabi company is firmly in the black in past 21 months and gives strong guidance for the near future; announces $700 million dividend, payable April next year
commodity prices
Saudi Arabian Mining Company posts 71% jump in net profit to reach SAR 2.7 billion in Q3, 2022
The company’s sales also registered a 50 percent rise in Q3 2022 to reach SAR 10 billion
ADNOC
OCI, Adnoc push ahead with IPO of fertiliser venture
Investors could be offered around a 10 percent to 15 percent stake in Fertiglobe through the IPO, according to sources
Abu Dhabi National Oil Company
UAE’s Adnoc confirms OCI JV to combine fertilizer business
Abu Dhabi National Oil Company announces new strategic partnership with OCI, headquartered in the Netherlands
Abu Dhabi
UAE’s Adnoc, OCI in talks to combine Middle East fertilizer assets
Sources say agreement between the state-owned energy company and OCI could be announced as soon as the coming days
ADNOC
ADNOC eyes JV to create global fertilizers producer
Abu Dhabi National Oil Company and OCP Group of Morocco agree to explore joint venture
ADNOC
ADNOC, OCP ink deal to supply sulphur to Morocco
In 2016, ADNOC supplied over 2 million metric tonnes of granulated sulphur to Morocco