Europe’s Russian Gas Retreat Punishes Its Fertilizer Makers
Sector’s profit margins have taken a beating since the EU scaled back imports of Russian gas
A worker passes an ammonia tank at the Nitrogenmuvek fertilizer plant in Petfurdo, Hungary, in December 2022.
Photographer: Akos Stiller/BloombergThis article is for subscribers only.
Welcome to The Brink. I’m Edward Clark, a reporter in London, where I looked at how fertilizer makers are struggling against cheap Russian imports. We also have news on Carlyle’s investment in iRobot, Cerba and Razor. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Europe’s beleaguered fertilizer companies are waiting for policymakers in Brussels to throw them a lifeline before it’s too late.