Fertilizer Companies: Factors Driving Profitability
Fertilizer Companies' continued growth in profits are likely to continue as factors that determine their growth, such as crop prices, the value of the US dollar, and factors that affect their cost of production continue to move in their direction.
Fertilizer Industry Sees Solid Upturn in Fertilizer Demand and Sustained Growth of Production Capacity by 2014
Public release of Fertilizer Outlook to 2014: After a gloomy year in 2009, fertilizer demand is seen firmly rebounding in 2010 and growing at sustained rates in the next four years. On the fertilizer supply side, the growth of capacity is slower than anticipated last year because of numerous delays in announced projects. However, in the long-term, a potential supply surplus for nitrogen (N) and potassium (K) fertilizers can be expected due to a faster increase in capacity compared to that of demand.
China Green Agriculture, Inc. Announces Closing of Acquisition of Beijing Gufeng Chemical Products Co., Ltd.
XI'AN, China, July 6 /PRNewswire-Asia-FirstCall/ --
-- Acquisition to expand current annual fertilizer production capacity
from 55,000 metric tons to 355,000 metric tons
-- Acquisition to increase product mix and strengthen distribution network
-- Acquisition expected to contribute at least $10.6 million in net income,
or about $0.39 per diluted share in fiscal year ending June 30, 2011
China Green Agriculture, Inc.
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