24.08.2007

XVI International Plant Nutrition Colloquium
Plant Nutrition for Sustainable Development and Global Health
26-30 August, 2009 
Sacramento Convention Center, 
Sacramento, California, USA

This colloquium, held every 4 years, follows the one held in Beijing in September 2005, whose theme was Plant Nutrition for Food Security, Human Health and Environmental Protection. 
This great congress, where more than 600 delegates from every corner of the world are expected, will provide a forum for the exchange of knowledge, information and ideas amongst researchers in the field of plant nutrition with a focus on sustainable development and Global Health.

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01.08.2007

Israel Chemicals Ltd. (ICL), announced on August 1st that it has embarked on a cooperative venture with Zuari Industries Ltd., to jointly establish and operate a soluble fertilizer production facility, and to carry out joint sales activities throughout India. Zuari is a member of the K.K. Birla Group, a multinational conglomerate based in India, and one of India's major producers and distributors of fertilizers and agricultural products. Under the framework of the agreement, ICL and Zuari will distribute water soluble fertilizers throughout India, and will jointly establish a water soluble NPK fertilizer plant with an initial capacity of 10,000 tons per year. 

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20.07.2007

US agricultural equipment giant John Deere is seeking to gain full control of Plastro Irrigation Systems Ltd. (TASE: PLSTR), which is currently controlled by Kibbutz Gvat through Gvat Agriculture and Business ACS Ltd.

Since the news emerged on June 10 that talks were being held, nothing new had transpired until the Globes daily newspaper, in its july 12 edition, reported that the acquisition will be transacted in two stages: Plastro's current controlling shareholder, Kibbutz Gvat, which holds the company through Gvat Agriculture and Business ACS Ltd., will acquire the public's stake at NIS 13.60 per share, giving it 100% ownership. In the second stage, John Deere will acquire Gvat Agriculture.

The offer is contingent on approval by Kibbutz Gvat's members.

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12.06.2007

The 2nd largest Israeli irrigation company Plastro announced on June 10th that its controlling shareholder, Kibbutz Gvat, has begun talks with US agricultural equipment company Deere & Company, for the sale of its stake in the company. The company said that no agreement had as yet been reached on the price, structure and timing of the sale. The size of the deal was not disclosed.

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30.05.2007

Jain Irrigation Systems Limited the agriculture major announced on May 28 that it has signed definitive agreements through a wholly owned subsidiary in Netherlands to acquire 50.001% of the share capital of Naandan Irrigation Systems C.S. Ltd, Israel in all cash deal for an amount of $21.5 mn. Out of which a sum of $10.5 mn will be retained in Naandan for future growth of the Company.

Company would be controlled and managed jointly by Jain Irrigation and Kibbutz Naan on an equal basis. Jain is further committed to bring additional funding support in form of loan and/or guarantees to the tune of $7.5 mn for the bona fide growth requirements of the Company. The closing is expected to take place early next month.

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30.05.2007

Yara International ASA has on May 24, 2007, acquired 30.05 percent of all shares and votes in Kemira GrowHow Oyj from the State of Finland. The purchase price paid for the shares is EUR 12.12 per share. As a result of the acquisition, Yara will launch a mandatory tender offer for the remaining shares in the company at the same price of EUR 12.12 per share in accordance with the Finnish Securities Markets Act. T he offer will strengthen the long-term growth and value creation prospects for the combined company.

Kemira GrowHow's phosphate and Yara's nitrogen activities will serve as a solid platform for the future and further position the company as a knowledge leader in the global fertilizer industry.

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30.04.2007

The K+S Group consistently progressed in the pursuit of its growth course in 2006, the hitherto best financial year in the history of the K+S Group. Commenting on this at the annual report press conference, Dr. Ralf Bethke, Chairman of the Board of Executive Directors of K+S Aktiengesellschaft, said: “We have succeeded in producing significant earnings increases in all business segments. The key factors behind this
success were overall good demand on our markets, attractive fertilizer prices, the acquisition of Sociedad Punta de Lobos (SPL), growing waste disposal markets, the implementation of further efficiency enhancements as well as positive effects deriving from currency hedging; this enabled us to more than make up for the sharp rise in energy and freight costs.”

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30.04.2007

Jain Irrigation has acquired 100% control in Aquarius Brands, Inc. from Habasit Holding USA Inc. With this acquisition, Jain Irrigation becomes the second largest Low-Volume Irrigation Company in the world.
Jain Irrigation is a diversified company with more than 3,800 employees and market capitalization in excess of $600 Million. Jain Irrigation has pioneered drip irrigation for small farmers in India and has the major market share in one of the fastest growing irrigation markets in the world.
Aquarius Brands, Inc. is a leading manufacturer of Low-Volume Irrigation systems for Agriculture, Landscape and Nursery applications; the brands include Agricultural Products (API), PEPCO, and Acu-Drip.

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30.04.2007

During the past thirty years, fertilizer use in China has grown rapidly. Unfortunately, information on how to use fertilizers wisely has not spread as quickly, leading to low nutrient use efficiency and related unwanted environmental impacts. The nutrient management research directed by Fusuo Zhang, who has been selected to receive the 2007 IFA International Crop Nutrition Award, has provided innovative approaches to help correct these problems. Since 1998, much of his work has concentrated on the development of optimized nutrient management techniques for high yield and high-efficiency crop production. This method involves better matching of applications to crop nutrient requirements by taking into account all sources of nutrients, including significant quantities of nitrogen from atmospheric deposition (more than 60 kg N/ hectare in parts of the North China Plain).

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30.04.2007

Yara has signed a Heads of Agreement with Kribhco of India with the intention to establish a joint venture for production and marketing of mineral fertilizer. Krishak Bharati Cooperative Limited (Kribhco) is the largest agricultural cooperative in India. The Indian Government owns 67% of Kribhco. Its members include more than 7,000 local agricultural cooperatives.

The partners will each own 50% of the planned joint venture. The joint venture's objective is to establish an Indian production base by acquiring existing production facilities, combined with import. India's consumption of the plant nutrients N, P and K is not optimally balanced, with a deficit in application of P and K. 

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