Latest news with #Ammonia
Cision Canada
4 days ago
- Business
- Cision Canada
FuelPositive issues clarification regarding a statement made in its August 13, 2025 Press Release
WINNIPEG, MB, Aug. 15, 2025 /CNW/ - FuelPositive Corporation (the "Company") (TSXV: NHHH) (OTCQB: NHHHF) wishes to clarify a statement made in its August 13, 2025 Press Release. The Company reported: "…The first FP300 system has been delivered, completed its final certification, and is ready for activation. This milestone will trigger the demonstration phase and accelerate the ramp-up to manufacturing the larger FP1500 system, built to serve farms of approximately 10,000 acres…" The correct wording of this section of the Press Release should have read: "…The first FP300 system has been delivered and is prepared for the completion of its final certification and activation. This milestone will trigger the demonstration phase and accelerate the ramp-up to manufacturing the larger FP1500 system, built to serve farms of approximately 10,000 acres…" The Company apologizes for any confusion this may have caused. About FuelPositive: Building the Future of Farming Now FuelPositive is a Canadian clean-tech company transforming agriculture through decentralized, on-farm Green Ammonia production systems. By enabling farmers to generate their own green nitrogen fertilizer and carbon-free fuel on site, the Company is redefining the ammonia industry and putting control directly into the hands of those who feed the world. This model reduces reliance on volatile supply chains and unpredictable pricing, helping farmers secure their livelihoods and plan for the future. Each tonne of ammonia produced by a FuelPositive system prevents up to two tonnes of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, dependability, and remote monitoring, the Company's containerized systems effortlessly integrate into farm operations. Made in Canada for Canadian conditions, they are engineered to be as straightforward to operate as they are impactful. The first FP300 demonstration system, installed on an 11,000-acre grain farm in Sperling, Manitoba, is designed to produce 100 metric tonnes of Green Ammonia each year. This unit serves as the foundation for the FP1500 commercial system, which can generate 500 metric tonnes annually for farms of approximately 10,000 acres. The systems are powered by sustainable electricity and produce carbon-free ammonia on demand, providing a decentralized, cost-effective alternative to fossil-fuel-based fertilizers and fuels. The delivery of the FP300 to Tracy and Curtis Hiebert's farm in Sperling, Manitoba, marked a milestone in sustainable agriculture. Once activated, the system will demonstrate how local production can strengthen farm economics, reduce environmental impact, and build resilience against climate change, market instability, and global supply disruptions. FuelPositive aims to position Canada as a global centre of excellence for decentralized Green Ammonia production and to establish a world-leading manufacturing hub. Supported by Stantec, one of the world's top engineering and consulting firms, this initiative will drive economic growth, create high-value jobs in engineering, science, and skilled trades, and promote a more resilient and sustainable food system. FuelPositive is located in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH, as well as on the OTCQB in the USA under the symbol NHHHF. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements. These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law. SOURCE FuelPositive Corp.
Business Upturn
29-07-2025
- Business
- Business Upturn
Deepak Fertilisers Q1 Results: Revenue jumps 17% YoY to Rs 2,659 crore, net profit up 22% YoY
By Aman Shukla Published on July 29, 2025, 14:45 IST Deepak Fertilisers and Petrochemicals Corporation Ltd. reported a strong performance in Q1 FY26, driven by steady operational execution and a strategic shift towards specialty products. The company's consolidated operating revenue rose 17% year-on-year to ₹2,659 crore, supported by higher volumes in Croptek, Nitric Acid, and IPA. Operating EBITDA for the quarter stood at ₹513 crore, marking a 10% YoY growth, while margins came in at 19.3%. Profit before tax increased by 28% to ₹345 crore. Net profit rose 22% YoY to ₹244 crore, though it fell 12% sequentially. PAT margins expanded by 38 basis points to 9.1% over the same period last year. The fertiliser segment was a major driver, posting a 125% YoY rise in profit, offsetting a 9% drop in the chemical segment, which faced pricing pressure in IPA and Ammonia. Specialty products gained traction, now contributing 45% of CNB revenue. Croptek volumes surged 73% YoY, while specialty fertilisers saw 21% growth. Despite a capex of ₹377 crore, net debt reduced to ₹3,078 crore in Q1 FY26, improving the net debt to EBITDA ratio to 1.5x. Additionally, Mahadhan AgriTech received a favourable ITAT ruling, nullifying tax demands worth ₹581 crore, with penalty orders worth ₹479 crore also expected to be withdrawn. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Cision Canada
09-06-2025
- Business
- Cision Canada
FuelPositive to Provide Strategic and Operational Updates
WINNIPEG, MB, June 9, 2025 /CNW/ - FuelPositive Corporation (TSXV: NHHH) (OTCQB: NHHHF) ("FuelPositive" or the "Company"), a leading Green Ammonia clean technology company, is pleased to inform shareholders that it is preparing to release a series of detailed strategic and operational updates in the days and weeks ahead. Following the resumption of trading on the TSX Venture Exchange on Friday, June 6, 2025, the Company is finalizing communications in collaboration with key partners regarding its progress on several fronts, including system certification, manufacturing readiness, and partnership development. "We appreciate our shareholders' patience during this period and look forward to sharing comprehensive updates shortly," said Ian Clifford, Co-Founder, CEO and Board Chair. "We're coordinating carefully to ensure accuracy and alignment across all stakeholders." FuelPositive continues to focus on providing its decentralized Green Ammonia systems to Canadian farmers and assisting the agricultural sector in its transition to sustainable, local, and cost-effective inputs. Further updates will be communicated through the Company's standard public disclosure channels. About FuelPositive: Groundbreaking AgTech and Green Energy: FuelPositive's containerized Green Ammonia systems are redefining the ammonia industry by decentralizing production and placing control directly in the hands of farmers. This innovative model enables on-site generation of green nitrogen fertilizer and carbon-free fuel, reducing dependence on volatile supply chains and pricing. Each ton of ammonia produced by a FuelPositive system eliminates up to 2 tons of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, reliability, and remote monitoring, the systems integrate seamlessly into farm operations, allowing farmers to produce what they need and when needed, without added complexity. First System Delivery: A Milestone in Sustainable Agriculture: In June 2024, FuelPositive delivered its first commercial demonstration system, the FP300, to Tracy and Curtis Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a major advancement for both the Company and the future of sustainable agriculture. The upcoming system activation will further highlight the transformative impact of FuelPositive's technology on farming practices, supporting a more resilient and sustainable food system. Manitoba: A Global Center of Excellence: FuelPositive is positioning Manitoba at the forefront of decentralized Green Ammonia production. With a bold vision to establish a world-leading manufacturing hub in the province, the Company is set to drive economic growth, create high-value jobs in engineering, science, and skilled trades, and make Manitoba a global centre of excellence for sustainable agriculture and clean technology. FuelPositive Corporation is based in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and on the OTCQB in the USA under the symbol NHHHF. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements. These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law. SOURCE FuelPositive Corp.
Yahoo
09-06-2025
- Business
- Yahoo
FuelPositive to Provide Strategic and Operational Updates
WINNIPEG, MB, June 9, 2025 /CNW/ - FuelPositive Corporation (TSXV: NHHH) (OTCQB: NHHHF) ("FuelPositive" or the "Company"), a leading Green Ammonia clean technology company, is pleased to inform shareholders that it is preparing to release a series of detailed strategic and operational updates in the days and weeks ahead. Following the resumption of trading on the TSX Venture Exchange on Friday, June 6, 2025, the Company is finalizing communications in collaboration with key partners regarding its progress on several fronts, including system certification, manufacturing readiness, and partnership development. "We appreciate our shareholders' patience during this period and look forward to sharing comprehensive updates shortly," said Ian Clifford, Co-Founder, CEO and Board Chair. "We're coordinating carefully to ensure accuracy and alignment across all stakeholders." FuelPositive continues to focus on providing its decentralized Green Ammonia systems to Canadian farmers and assisting the agricultural sector in its transition to sustainable, local, and cost-effective inputs. Further updates will be communicated through the Company's standard public disclosure channels. About FuelPositive: Groundbreaking AgTech and Green Energy: FuelPositive's containerized Green Ammonia systems are redefining the ammonia industry by decentralizing production and placing control directly in the hands of farmers. This innovative model enables on-site generation of green nitrogen fertilizer and carbon-free fuel, reducing dependence on volatile supply chains and pricing. Each ton of ammonia produced by a FuelPositive system eliminates up to 2 tons of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, reliability, and remote monitoring, the systems integrate seamlessly into farm operations, allowing farmers to produce what they need and when needed, without added complexity. First System Delivery: A Milestone in Sustainable Agriculture: In June 2024, FuelPositive delivered its first commercial demonstration system, the FP300, to Tracy and Curtis Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a major advancement for both the Company and the future of sustainable agriculture. The upcoming system activation will further highlight the transformative impact of FuelPositive's technology on farming practices, supporting a more resilient and sustainable food system. Manitoba: A Global Center of Excellence: FuelPositive is positioning Manitoba at the forefront of decentralized Green Ammonia production. With a bold vision to establish a world-leading manufacturing hub in the province, the Company is set to drive economic growth, create high-value jobs in engineering, science, and skilled trades, and make Manitoba a global centre of excellence for sustainable agriculture and clean technology. FuelPositive Corporation is based in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and on the OTCQB in the USA under the symbol NHHHF. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements. These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law. SOURCE FuelPositive Corp. View original content to download multimedia: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Standard
06-06-2025
- Business
- Business Standard
Odisha Chief Minister Mohan Charan Majhi Leads Groundbreaking Ceremony for Hygenco's Landmark Green Ammonia Plant
PRNewswire Bhubaneshwar (Odisha) [India], June 6: HHP Five Private Limited (subsidiary of Hygenco Green Energies Pvt Ltd), a pioneer in producing low-cost green hydrogen, marked a major milestone with the groundbreaking ceremony of its Green Ammonia Plant in Gopalpur, Odisha. Mohan Charan Majhi, Chief Minister of Odisha graced the ceremony, alongside senior government officials and industry leaders. This project underscores Odisha's emergence as a hub for clean energy-driven industrial growth and positions Gopalpur at the forefront of India's sustainable future. Last year, Hygenco achieved a significant landmark by commissioning India's first commercial megawatt scale Green Hydrogen plant, which will help in decarbonisation of steel sector. Its Green Ammonia plant in Gopalpur aims to produce 1.1 million Tonnes Per Annum (MTPA) in three phases: * Phase 1 (2028): 220 KTPA (Kilo Tonnes Per Annum) * Phase 2 (2029): Additional 220 KTPA * Phase 3 (2030+): Full capacity of 730 KTPA Amit Bansal, Co-founder and CEO, Hygenco Green Energies, said, "Building on our pioneering success in Green Hydrogen, Hygenco is now setting new benchmarks in India's Green Ammonia landscape. With this project, we are not only advancing the energy self-sufficiency but also unlocking export opportunities that will position India as a global leader in Green Ammonia. Our focus remains on delivering cost-competitive, world-class solutions that will help industries decarbonize and support India's vision of Aatmanirbhar Bharat." The Green Ammonia plant is also expected to generate indirect employment opportunities during construction and operation. Strategically located at the Gopalpur port hub, the plant is designed to meet both domestic and global demand for green ammonia, enabling decarbonization across key industrial sectors. About Hygenco Headquartered in Gurgaon, India, Hygenco develops and deploys scaled up commercially attractive green hydrogen and green ammonia assets. Hygenco is committed to deploying 10 GW of green hydrogen and ammonia assets by 2030, aligning with India's net-zero ambitions, and solidifying its leadership in the global clean energy transition. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has a portfolio of both commissioned and under-commissioning projects across the country. These include: * GH facility for Jindal Stainless in Hisar, Haryana * GH facility for Sterlite Technologies in Chhatrapati Sambhaji Nagar, Maharashtra * Pilot plant in Ujjain, MP.
