CRU launches Indonesia acid price as nickel sector lifts demand

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.

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 […]