The rating is constrained by QAFCO's exposure to the volatile and cyclical nitrogen-basedfertilizer market.
2
But McDonald said farm suppliers are nervous about Agrium's strength in the wholesale production of nitrogen-basedfertilizer.
3
Orascom's fertiliser arm has annual production capacity of 5 million tonnes of nitrogen-basedfertilizer and 0.24 million tonnes of melamine in Egypt and the Netherlands.