FertiNitro
≈ 2 min read
Names in other languages
No names in other languages are held for this entry yet.
Article bodies are English and are not machine-translated. A name in another language is not a translation of the article.
FertiNitro (Fertilizantes Nitrogenados de Oriente) is Venezuela's largest fertilizer company, producing around 1.5m tons of urea per year. It was nationalised in October 2010, having previously been owned by (35%) and Koch Industries (35%). The nationalization led to negotiations for repayment of the bonds FertiNitro had issued, which led to the Government ultimately offering 105 cents on the dollar (i.e., the bonds' principal plus a portion of the contractual make-whole). FertiNitro is one of the world's main producers of nitrogen fertilizer, with daily production capacity of 3,600 tonnes of ammonia and 4,400 tonnes of urea.
FertiNitro (Fertilizantes Nitrogenados de Oriente) is Venezuela's largest fertilizer company, producing around 1.5m tons of urea per year. It was nationalised in October 2010, having previously been owned by (35%) and Koch Industries (35%). The nationalization led to negotiations for repayment of the bonds FertiNitro had issued, which led to the Government ultimately offering 105 cents on the dollar (i.e., the bonds' principal plus a portion of the contractual make-whole). FertiNitro is one of the world's main producers of nitrogen fertilizer, with daily production capacity of 3,600 tonnes of ammonia and 4,400 tonnes of urea. ==References==
Text derived from https://en.wikipedia.org/w/index.php?oldid=1335551933 under CC BY-SA 4.0; modifications have been made.