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Latest from BCInsight
AM Green wins €585 million ammonia deal
India’s green ammonia developer AM Green has secured a 10-year agreement worth at least €585 million ($664 million) with Hintco, the trading arm of H2Global. Under the deal, Hintco will purchase renewable ammonia from AM Green’s Kakinada project for delivery to Germany, starting in 2029.
Alliance pools demand for green ammonia
The Center for Green Market Activation (GMA), Rocky Mountain Institute (RMI) and climate services company 3Degrees have launched the Green Ammonia Buyers Alliance (GABA).
Anyang Indorama Gases secures expansion loan
Singapore’s Anyang Indorama Gases, a subsidiary of Indorama Corporation has signed an RMB 2.4 billion ($358 million) long-term loan with a consortium of five Chinese banks to finance the expansion of its fertilizer plant in Anyang City, China. The expansion is set to double the company’s urea fertilizer capacity to around 2 million t/a by […]
Nextchem to supply technology for Chinese urea plant
Nextchem will provide the urea production technology for a new 3,150 t/d urea plant in China. As part of the deal, the company will provide the technology license, process design package and proprietary equipment through its nitrogen technology licensor Stamicarbon. The project will be based on Nextchem’s proprietary NX STAMI™ technology for urea production, which […]
H2SITE secures funding for Norwegian ammonia-to-power project
Spanish hydrogen technology developer H2SITE has secured €3.4 million ($3.8 million) in funding for its HydraNord Power project in Norway. The project aims to scale to a commercial level the company’s onboard ammonia-to-power system for the maritime sector. HydraNord Power will convert ammonia into high-purity hydrogen directly onboard vessels. The system will produce up to […]
Nutrien closes its Trinidad plants “indefinitely”
Nutrien Ltd has announced that it will “indefinitely” shut down its Trinidad Nitrogen operations at the Point Lisas site due to ongoing natural gas constraints and uncertainty over gas supplies. The company says that, following an “extensive review” of alternatives, it has determined that this is “the optimal path” to enhance free cash flow and […]
CIL and HURL to develop coal-based urea plant
State run companies Coal India Limited (CIL) and Hindustan Urvarak and Rasayan Ltd (HURL) have signed a memorandum of understanding (MoU) to explore setting up a coal gasification-based ammonia-urea plant at HURL’s Sindri site in Jharkhand state. HURL currently operates an ammonia-urea plant with 2,200 t/d of ammonia and 3,850 t/d of urea capacity at […]
Fast track for green methanol project
The governing council of Castilla y León has agreed to grant priority industrial project status to the eM-Numancia project. EM-Numancia is a €320 million green methanol project which aims to combine renewable hydrogen produced by water electrolysis using renewable electricity with syngas generated by the gasification of forest biomass – principally pine wood. The facility […]
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