Canadian potash exporting group Canpotex Ltd. is “fully committed” through March due to strong offshore demand, the company confirmed on Jan. 12, according to Bloomberg. The company noted that demand is supported by “solid fundamentals” for major crops in various growing regions and it has this sold-out position without new contract settlements with China and India.

Nitrogen producer LSB Industries Inc., Oklahoma City, announced that Damien Renwick, a long-time executive with Houston-based Cyanco, a sodium cyanide producer and distributor, has joined the company as Chief Commercial Officer, effective Jan. 11, 2021. LSB said the newly created position is intended to lead all of LSB’s commercial activities, including sales and marketing, logistics and customer service.

Australia’s Strike-Energy Ltd. on Jan. 11 announced the launch of Project Haber, an ammonia and urea complex for Western Australia’s Narngulu Industrial Estate. The site is adjacent to Geraldton Port. The complex, which includes a 1.4 million mt/y urea plant and an 800,000 mt/y ammonia plant, would use gas from Strike’s Greater Erregulla development in the Perth Basin.

The Scotts Miracle-Gro Company, Marysville, Ohio, on Jan. 11 announced a series of organizational changes in the areas of finance, supply chain and corporate affairs designed to fully leverage future growth opportunities and drive long-term shareholder value. As part of the realignment, the company announced Randy Coleman has departed as Executive Vice President and CFO and that Cory Miller, previously Vice President of Finance for Hawthorne Gardening Company, has been promoted to senior vice president and named as interim CFO.

Major players have concluded first-quarter Tampa sulfur business at $96/lt CFR, up $27/lt from fourth-quarter 2020.

NOLA granular urea prices continue to surge this week after sources reported good early demand from inland terminals and tight supplies. While early week trades were reported in the low $250s/st FOB, Thursday was seeing trades as high as $282-$285/st FOB.

CHS Inc. says fiscal first quarter net income plunged as lower refining margins and narrower heavy Canadian crude discounts eroded profit. Minnesota-based CHS posted net income of $69.7 million for the fiscal first quarter ended Nov. 30, down from $177.9 million a year earlier.

The Fertilizer Institute said Jan. 5 that its Annual Meeting scheduled for February in California will be postponed until April due to COVID-19 uncertainties and restrictions. The April dates and location will be announced shortly.

Israeli equity firm Tene Investment Funds is reported to be in negotiations to acquire a substantial stake in fertilizer producer Haifa Chemicals, according to a report in Globes, an Israeli financial newspaper.

Hydrogen and nitrogen technology provider BayoTech Inc., Albuquerque, reports that it has received an equity investment of up to $157 million from Newlight Partners LP, a growth equity investor, with participation from existing investors Cottonwood Technology Funds, Sun Mountain Capital and new investor Fortistar. The proceeds will be used to accelerate BayoTech’s product development, project development and infrastructure expansion.