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RPT-Bleak outlook sparks frenzied dealmaking in nitrogen fertilizer market
2015-08-14 03:00:59| Agriculture - Topix.net
Sinking crop prices and frenzied output growth by producers have sparked a flurry of dealmaking worth nearly $10 billion in the fragmented nitrogen fertilizer sector that may kick off consolidation in the largest of the three nutrient markets. Illinois-based CF Industries Holdings Inc, the world's third-largest nitrogen fertilizer producer, was involved in three of four deals in the past month, taking out two potential competitors in its backyard and locking up sales volumes in the United States, the world's No.
Tags: market
outlook
nitrogen
sparks
Category:Agriculture and Forestry