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Category: Agricultural

Paradeep plans additional phosphoric acid capacity

Paradeep Phosphates Ltd (PPL) has announced a $400 million capacity expansion program, following its October 13th merger with Mangalore Chemicals & Fertilizers Limited (MCFL). This company says that the move aims to strengthen PPL's market position and enhance its production capabilities. The investment will involve increasing granulation capacity by 1.0 million t/a at the Paradeep site, as well as an additional 250,000 t/a of phosphoric acid and 750,000 t/a of sulphuric acid capacity at the company’s new Mangalore site. The expansion is expected to be completed within three years, according to PPL, and is expected to ensure 100% backward integration for fertilizer production, reduce import dependency, and enhance operational capabilities and profitability. low-contaminant phosphate concentrate that allows for easy conversion into purified phosphoric acid. The company has spent over C$100 million advancing the project and has received funding and investment from the Quebec Government.

Offtake agreement for fertilizer plant

ATOME says that it has signed a definitive offtake agreement with Yara for the purchase of the entire 260,000 t/a output of the low-carbon Villeta project. The plant will be based on 100% renewable baseload power, and will displace some 500,000 t/a of carbon dioxide equivalent. ATOME says that the agreement represents the last commercial milestone in its path to a final investment decision (FID), following the successful completion of other key commercial items, including the signing of the $465 million fixed-price, lump-sum engineering, procurement and construction contract with Casale.

HIP Azotara to be dismantled for data centre

The nitrogen plants at HIP’s Azotara site are to be dismantled and removed as part of plans to convert the site to a data storage facility. Plants to be removed include the urea plant and urea storage facility, the UAN liquid storage facility, the calcium ammonium nitrate and nitric acid plans, and thegrain storage societies. In addition, the entire Block 6 is planned to be removed, which includes ammonia plants and storage, nitric acid and urea production, all of which have been out of operation for a long time.

India planning urea plant

India is preparing to set up its first urea manufacturing facility in Russia to secure long-term fertiliser supplies and reduce exposure to global price shocks, according to Indian media reports. The proposed project, backed by Rashtriya Chemicals and Fertilisers (RCF), National Fertilisers Ltd (NFL) and Indian Potash Ltd (IPL), aims to tap Russia’s abundant reserves of natural gas and ammonia, key raw materials that India lacks. The venture is reportedly scheduled to be announced during Vladimir Putin’s visit to India in December. The facility is said to aim at ultimately producing 2 million t/a of urea. India is currently the second-largest consumer and third-largest producer of fertilisers globally, but it remains vulnerable to global commodity swings.