U.K.-based Glasson Fertilisers reports that it has reached agreement to purchase the Helm U.K. fertilizer business and blending plant located in the port of Howden.

Tampa ammonia for March has been concluded at $445/mt CFR, up $115/mt from February’s $330/mt CFR. Sources had been predicting a significant increase due to tight supplies and higher prices at other locations.

Russia’s Federal Antimonopoly Service plans to investigate mineral fertilizer pricing, according to a Feb. 25 statement cited by the Russian media. It plans to meet with producers and quickly take measures if it finds signs of overcharging.

LSB Industries Inc. reported a 64 percent increase in fourth-quarter Ag segment sales volumes to 233,942 st from the year-ago 142,488 st. UAN volumes were up 105 percent. However, prices were off from year-ago levels.

“Our substantial year-over-year increase in production volume more than offset the continued pricing headwinds on fertilizer sales and the pandemic-related impact on industrial and mining demand that we experienced during the quarter, said Mark Behrman, LSB  President and CEO. “Despite the challenges we faced across our end markets, we still generated a 44 percent year-over-year increase in adjusted EBITDA for the period.”

Nutrien Ltd. has confirmed a purchase of 25,000 mt of ammonia from Fertiglobe out of Algeria which will be loaded in late March or early April to be delivered to the U.S. The company says the purchase reflects a delivered cost of $470/mt, which is up from the last done of $400/mt. In the meantime, the industry awaits March business for Tampa, which was concluded at $330/mt DEL for February.

LSB Industries Inc. said today that on Sunday, Feb. 21, it began the phased restart of its Pryor, Okla., facility which was taken out of service due to cold weather that spurred a surge in natural gas prices as well as a pipeline curtailment. In addition, a gas supplier to the company’s El Dorado, Ark., plant declared force majeure on Feb. 17, materially restricting supply. However that plant has since returned to production.

Nutrien Ltd., reports that its Borger, Texas, plant is expected to return to production this week, as is its Fort Saskatchewan, Alberta, plant.

New U.S. Export DAP business has been concluded this week at $580/mt for a 7,000 mt lot to Latin America, up $50/mt from the last done.

Anuvia™ Plant Nutrients today announced it has raised $103 million in Series C funding. It will use the financing to increase production capacity and expand commercialization of its nutrient delivery technology.

Brazil’s Fertilizantes Heringer has sold its Minas Gerais blending plant to Cibra, which is majority owned by U.S.-based Omimex Resources for US$10.25 million.