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Tag Archives: fertilizer

Phosphate Holdings sees improved quarter despite sales decrease

MADISON — Phosphate Holdings Inc. reported second quarter of 2012 net income of $0.9 million, or $0.10 per diluted share of common stock, compared to a loss of $1.8 million, or $0.21 per diluted share of common stock, for the same period in 2011. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2012 were $5.1 ...

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Mississippi Phosphates strikes extended agreement with OCP

PASCAGOULA — Mississippi Phosphates Corporation (MPC) has entered an extended agreement with OCP S.A. (OCP) for the purchase and sale of phosphate rock. The original agreement was dated Aug. 27, 2009, through Dec. 31, 2012, and was scheduled to expire June 30. During the six-month extension, MPC, which is headquartered in Madison, intends to enter into discussions with OCP relating to the ...

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Fertilizer plant explosion leaves one dead, two injured

PASACAGOULA — A worker at the Mississippi Phosphates fertilizer facility in Pascagoula has been killed in an explosion. Two other workers were injured. Jackson County Coroner Vicki Broadus identified the victim of Friday’s incident as Jeremy Moore, 20, of Moss Point. The two injured workers were taken to Singing River Hospital in Pascagoula, but authorities say one patient will be ...

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Phosphate Holdings loses $1.1M during first quarter

MADISON — Phosphate Holdings Inc. (PHI) reported a first quarter 2012 net loss of $1.1 million, compared to net income of $16,000 for the same period in 2011. The company incurred an operating loss of $1.9 million for the first quarter of 2012, compared to operating income of $53,000 for the prior-year period. Earnings before interest, income taxes, depreciation, amortization ...

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Worker dies of head injury at Mississippi Phosphates plant

PASCAGOULA — Authorities say a 39-year-old Pascagoula man died after sustaining a head injury at Mississippi Phosphates Corp. Jackson County Coroner Vicki Broadus tells The Mississippi Press Jeffrey Simpson was pronounced dead around 1:30 p.m. yesterday. Sheriff Mike Byrd said it appeared that a piece of equipment exploded and killed the worker. Broadus said an autopsy would be performed today. ...

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Mississippi Phosphate, EPA reach agreement on violations

PASCAGOULA and MADISON — Mississippi Phosphate Corp. and the Environmental Protection Agency have agreed on how to fix environmental violations remaining after a 2009 inspection, and some found last year. Many actions were taken in 2009 to tackle problems found by the federal agency, but it took more than two years to agree on all the terms and permanent solutions, ...

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Damaged equipment hurts Phosphate Holdings' performance

MADISON — Phosphate Holdings Inc. reported a third quarter 2011 profit of $1.5 million, or $0.18 per diluted share of common stock, compared to earnings of $2.5 million, or $0.30 per diluted share of common stock, for the same period in 2010. Total net sales for the third quarter of 2011 were $94.7 million, a 35 percent increase from total ...

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Phosphate Holdings reports another poor quarter

MADISON — Phosphate Holdings Inc. reported a second quarter 2011 loss of $1.8 million, or $0.21 per diluted share of common stock, compared to a loss of $4.9 million, or $0.58 per diluted share of common stock, for the same period in 2010. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2011 were $2.0 million, ...

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CF Industries settles in alleged Clean Air violations case

DEERFIELD, Ill. — CF Industries Holdings Inc. has reached a global settlement on the terms of a consent decree with the U.S. Environmental Protection Agency (EPA), Oklahoma Department of Environmental Quality, Iowa Department of Natural Resources and Mississippi Department of Environmental Quality involving compliance with the Clean Air Act (CAA). The settlement resolves a complaint relevant to potential emissions standards ...

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Phosphate Holdings impacted by floods in Morocco

MADISON — Phosphate Holdings Inc. reports fourth quarter 2010 income of $900,000, or $0.10 per share of common stock, compared to losses of $2.8 million, or $0.36 per share of common stock, for the same period in 2009. Net income for the year ended Dec. 31, 2010, was $1.1 million, or $0.13 per share of common stock, as compared to losses of ...

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