GFM Network News


CVR to buy Rentech arm in N fertilizer merger

Reuters — Nitrogen fertilizer producer CVR Partners said Monday it would buy Rentech Nitrogen Partners for US$533 million, excluding debt, as global fertilizer makers scale up at a time when increased supplies weigh on nitrogen prices. The deal creates North America’s fifth-largest nitrogen producer, vaulting the companies past Norway-based Yara International. It comes less than […] Read more