22 Jul 2020
Nuseed secures commercial offtake agreement with leading biodiesel producer for carinata
Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited, has executed a commercial off-take agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low carbon oil for renewable fuels and high protein non-GMO meal for livestock feed. The multi-year agreement follows the first commercial Nuseed Carinata shipment ...
30 Jun 2020
Nufarm announces changes to global manufacturing footprint
Nufarm today announced its decision to cease manufacture of insecticides and fungicides at its Raymond Road site in Laverton, Australia and curtail herbicide manufacturing at its operations in Linz, Austria. Nufarm Managing Director and CEO Greg Hunt explained the changes form part of the company-wide program launched in March 2020 to improve financial returns. Click ...
08 Jun 2020
First Nuseed Carinata shipment demonstrates sustainability and supply
Europe’s largest producer of biodiesel, confirmed receiving the first Nuseed Carinata grain shipment, grown as a scalable cover crop in Argentina, for processing into a renewable fuel with best in class greenhouse gas (GHG) reduction. An independent SCS Global audit and certification by the Roundtable on Sustainable Biomaterials (RSB), a globally recognized leader in sustainability, ...
03 Jun 2020
Credit Suisse 2020 Conference, recent trading and factors impacting outlook
Nufarm’s Chief Executive, Greg Hunt, spoke at the Credit Suisse 2020 London Chemical and Agriculture Conference after close of the ASX on 3 June 2020. Greg provided an overview of Nufarm’s strategy and business, recent trading performance and factors impacting the outlook for the final quarter of the financial year. Read the full speaking notes ...
21 May 2020
Nufarm Board Change
Nufarm Limited announces that Ms Anne Brennan has advised her intention to not stand for re-election as a non-executive director at the 2020 Annual General Meeting of Nufarm. Nufarm Chairman, Donald McGauchie, expressed his appreciation on behalf of the Board and executive team: “We thank Anne for her many years of service and the contribution ...
07 May 2020
Nuseed – Macquarie Australia Conference 2020
Today Nuseed Group Executive, Brent Zacharias, provided an overview of Nuseed’s Value Beyond YieldTM strategy and gave an update on Seed Technologies third quarter trading at the (Virtual) Macquarie Australia Conference. Seed technologies trading update for the third quarter Solid demand and new seed varieties have supported expansion into Latin America[1], North America and Europe ...
29 Apr 2020
PAC Partners 2020 Agfoods (Virtual) conference
Following drought, floods, bushfires, and now a global health pandemic, Nufarm General Manager Australia and New Zealand, Peter O’Keeffe, is sharing his thoughts on resilience and comparative advantage in the Australian agricultural industry at today’s PAC Partners 2020 Agfoods (Virtual) conference. You can find a copy of Peter’s presentation and commentary here.
01 Apr 2020
Completion of sale of South American businesses
Nufarm today announced the sale of its South American crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile to Sumitomo Chemical Company Limited has been completed and the net sale proceeds have been received. You can access the full announcement here.
31 Mar 2020
Nufarm Finance (NZ) Limited financial results
Nufarm Finance (NZ) Limited has released financial results for the half year ended 31 January 2020. You can access the 2020 NZ Limited financial results here.
25 Mar 2020
Nufarm Half Year Results 2020
25 March 2020 Good progress against key priorities in difficult market conditions Nufarm today announced a loss for the first half of 2020 of $122 million (1H19: $14m). Overview of half year result Revenue down six per cent to $1,477 million Underlying EBITDA of $66 million, down 45 per cent Free cash flow ...