U.S. private equity firm Paine
Schwartz Partners is considering selling a stake in Verdesian Life
Sciences to capitalize on rising demand for crop-health assets, according
to Bloomberg, citing people with
knowledge of the matter. A deal could value Verdesian at more than $500
million, according to the sources.
Koch Fertilizer is investing an estimated $90 million
at its Beatrice, Neb. nitrogen plant to further improve reliability and environmental
and safety performance, and to increase UAN production by 75,000 tons per year.
The Beatrice team is working on the latest improvements with startup expected
in fall 2021.
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