Fertiglobe, the world’s largest seaborne exporter of urea and net ammonia combined and the largest nitrogen fertilizer producer in the MENA region, reported strong revenues of $915 million for Q1 2026, reflecting a 32% Y-o-Y increase.
Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities.
Covestro, Fertiglobe, and Ta’ziz signed an MoU to explore collaboration across ammonia and nitric acid value chains. They will assess short-term ammonia supply to Covestro’s China and US sites and longer-term low-carbon and green ammonia options for Europe, China, and the US, leveraging carbon capture and renewable technologies.
Fertiglobe, the world’s largest seaborne exporter of urea and net ammonia combined, reported a 41% Y-o-Y increase in revenues to $2.82 billion in 2025, while adjusted EBITDA rose 57% Y-o-Y to $1.02 billion.
Fertiglobe, a seaborne urea and ammonia exporter under Adnoc, announced strong Q3 2025 revenues of $758 million, up 53 per cent year-over-year. Adjusted EBITDA rose 69 per cent to $286 million, and adjusted net profit surged to $134 million from $28 million last year.
