Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Chemicals

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.

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Itafos Inc

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Comment by kisstopherpon Mar 07, 2016 9:02pm

158 Views

Post# 24632654

RE:new development on justice Brazil

Jamesson wrote:
They have the autorisation to to deblock the accounts

transcript:

"Having seen the case.

I grant the requests submitted in the petition Id. 057c998. Oficie up the banks Ita Unibanco SA (Agency 4337, C / C 07815-0) and Banco Votorantim SA (Agency 0001-9, C / C 277001201-8) to inform that such banks are

authorized to move the current accounts held by Itafs Minerao Ltda (CNPJ No. 05919578 / 0001-60), and may effect transactions for the payment of wages, taxes,

taxes, benefits and administrative expenses.

what does this mean? What a mess this all turned out to be...

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