Fertiglobe, alongside project partners TA’ZIZ, Mitsui & Co., Ltd., and GS Energy Corporation, awards milestone contract to Tecnimont S.p.A.The facility is set to reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalize on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogenA significant...
Fertiglobe Reports $552 Million Revenue in Q1 2024, With Growth in Own-Produced Sales Volumes
Fertiglobe reported Q1 2024 revenues of $552 million and adjusted EBITDA of $223 million, with adjusted net profit of $119 million.Q1 2024 own-produced sales volume increased 5% Y-o-Y, primarily driven by 22% higher own-produced ammonia sales volumes and 1% higher own-produced urea sales volumes.Manufacturing Improvement Plan (MIP) is expected to...
Fertiglobe Shareholders Approve H2 2023 Dividends of $200 Million, Taking Total 2023 Payout to $475 Million
Shareholders approve $200 million cash dividend for H2 2023, equivalent to 9 fils/share, bringing total 2023 dividend payout to $475 million. This represents one of the industry’s highest dividend yields, with $2,265 million returned to shareholders since the IPO. Fertiglobe’s robust financial performance in 2023 was underpinned by a 5%...
Fertiglobe Publishes 2023 Annual Report
Abu Dhabi, UAE – 29 April 2024: Fertiglobe (ADX: FERTIGLB), the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa region, and an early mover in sustainable ammonia, today announced the publication of its 2023 Integrated Annual Report.With...
Fertiglobe Reports Q4 2023 Results With Significantly Improved Quarterly Performance; Board Recommends $200 million H2 Dividends
Abu Dhabi, UAE – February 14, 2024: Fertiglobe (ADX: FERTIGLB), the strategic partnership between ADNOC and OCI Global, the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa (“MENA”) region, and an early mover in sustainable ammonia, today...
Fertiglobe Ships World’s First ISCC PLUS Certified Renewable* Ammonia
Abu Dhabi, UAE – 20 November 2023: Fertiglobe (ADX: FERTIGLB), the strategic partnership between ADNOC and OCI Global (Euronext: OCI), today announced that it has completed the first shipment of the world’s first internationally recognized renewable ammonia with ISCC PLUS (International Sustainability and Carbon Certification) certification.
Fertiglobe Announces Timetable for Payment of $275 Million / 12 Fils Per Share Interim Dividend for H1 2023
Abu Dhabi, UAE – November 14, 2023: Fertiglobe (ADX: FERTIGLB), the strategic partnership between ADNOC and OCI Global, today reconfirmed the previously disclosed record date of 16 November 2023 for its semi-annual interim dividend distribution for the H1 2023 period.
Fertiglobe Reports Q3 2023 Revenues of $525 Million; Announces Dividends of $275 Million for H1 2023
Abu Dhabi, UAE – November 07, 2023: Fertiglobe (ADX: FERTIGLB), the strategic partnership between ADNOC and OCI Global, the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa (“MENA”) region, and an early mover in sustainable ammonia, today...
ADNOC and Fertiglobe to Pilot First-of-its-Kind Cost Effective Modular Carbon Capture Technology
Abu Dhabi, UAE – 03 October 2023: ADNOC and Fertiglobe, the strategic partnership between ADNOC and OCI Global, today announced the pilot deployment of the world’s first cost-effective modular CycloneCC carbon capture unit at Fertiglobe’s 100% owned nitrogen fertilizer plant in the Al Ruwais Industrial Complex, Abu Dhabi, UAE.
Fertiglobe Signs Agreement with AD Ports Group to Explore Collaboration Opportunities in Egypt, the UAE and other Geographies
Abu Dhabi, UAE – 18 September 2023: Fertiglobe (ADX: FERTIGLB), the strategic partnership between ADNOC and OCI Global (EURONEXT: OCI), the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa (MENA) region, and an early mover in sustainable...