Fertiglobe reports mixed Q2 sales, delays low-carbon ammonia project
Leading nitrogen fertilizer producer Fertiglobe has revealed that it used recent downtime at Egyptian plants exacerbated by the Israel-Iran conflict to perform critical maintenance and defer extensive turnarounds. Those actions have reduced its expected capex for 2025 to the lower end of its previous guidance of $145–170 million, the Abu Dhabi-headquartered major revealed in notes…