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Category: Commodity

Fertiberia exits Barents Blue project

Horisont Energi says that Fertiberia’s participation in the Barents Blue ammonia project will end on February 28th 2025. The two companies had been collaborating on the project since August 2023. Horisont Energi says that it is now looking for additional industrial partners to “further strengthen” the project, which aims to produce 1.0 million t/a of low carbon ammonia using 99% carbon capture at a plant at Markoppnes in northern Norway. Barents Blue has secured sufficient power supply for the first phase of the project, and is supported by a grant via the EU IPCEI hydrogen program, Hy2Use. The project is targeting a final investment decision in 2026 and estimated production start in 2029/2030.

Price Trends

Support for ammonia prices in markets east of Suez eroded during February. The ongoing bubble of support seen in NW Europe remained just about intact, though news of further declines at Tampa for March and slumping natural-gas prices should begin to eat away at any remaining support in the West. After declining $70/t during the first two months of 2025, the Tampa settlement between Yara and Mosaic was revised down a further $40/t for March, imposing further downward pressure on f.o.b. values in Trinidad and the US Gulf.

Repsol to invest in renewable methanol

Repsol has approved a historic €800 million investment in Ecoplanta, a pioneering project in Europe to transform urban waste into renewable fuels and circular products, adding a solution for reducing CO2 emissions in the transport sector, while at the same time promoting the circular economy. Located in Tarragona, the facility will be the first in Europe to produce methanol from municipal waste via a gasification process developed by Enerkem - a technology company in which Repsol is a partner – using waste that would otherwise end up in landfills or be incinerated.

Waste to methanol plant development

Maire Group subsidiary MET Development, together with Eni and utility company Iren Ambiente, have started the permitting process for a renewable methanol and hydrogen plant at Eni’s refinery in Sannazzaro de’ Burgondi near Pavia. The plant will be developed using NextChem’s NX Circular™ technology, which allows the plant to convert waste by generating syngas, which is subsequently used to produce high quality sustainable fuels and chemicals. Once completed, the plant will be able to convert approximately 200,000 t/a of non-recyclable waste supplied by Iren’s waste management unit Iren Ambiente into synthesis gas. This will in turn be converted to produce up to 110,000 t/a of renewable methanol, as a potential fuel for decarbonisation of the maritime sector. It will also produce up to 1,500 t/a of hydrogen, which could be used in refinery processes, reducing CO2 emissions compared to fossil-generated hydrogen, or, alternatively, for sustainable mobility in road and rail transport. The plant will also recover 33,000 t/a of inert granulate, which can be used for the cement industry. The plant will use infrastructure and services already available at the refinery to optimise costs.

Stamicarbon to revamp Hulunbuir urea plant

NextChem subsidiary Stamicarbon has been selected to provide the process design package to upgrade the Hulunbuir New Gold Chemical Co., Ltd.’s urea plant in Hulunbuir, Inner Mongolia, using its proprietary NX STAMI UreaTM technology. The upgrade will integrate Stamicarbon’s EVOLVE MELT MP flash design to enhance operational efficiency and reliability while minimizing process steam consumption. Following the upgrade, the plant’s capacity will be increased by about 26% to 3,600 t/d, with an expected high-pressure steam reduction of 15%.

Bids invited for gas sweetening facility

Kuwait’s state owned Kuwait Oil Company (KOC) has issued a tender for companies to bid on construction of the second phase of its gas sweetening facility at booster station BS 171 in West Kuwait. Thirty-two companies have been pre-qualified to bid for the $390 million engineering procurement and construction (EPC) contract for the project. Phase II will involve the construction of two processing trains, each with a capacity to produce 60 million scf/d of sales gas from sour gas with an H2S content of 4%. Sulphur recovery from the project will come from two separate 100 t/d trains with a total capacity of 65,000 t/a of molten sulphur.