
Long term carbon pricing
High energy storage costs for renewable-based technologies are likely to make European long term carbon prices considerably higher than their present levels.
High energy storage costs for renewable-based technologies are likely to make European long term carbon prices considerably higher than their present levels.
Expensive feedstock, overseas competition and tightening environmental regulations all pose potential threats to Europe’s nitrogen industry.
The 2030 greenhouse gas emission reduction goals in the European Union are driving oil and gas producers to reduce CO2 emissions wherever possible. This extends to even the incinerator attached to a sulphur recovery unit (SRU). In this article Sulphur Experts review the role of the incinerator, how the three most common European TGUs each affect the demand on the incinerator itself, and the potential reduction in CO2 emissions for a generic facility of each type.
Short term supply constraints are dominating acid markets at present, but increasing smelter production across Asia may lead to oversupply in the longer term.
QatarEnergy has announced its decision to build a new, world-scale urea production complex that will more than double Qatar’s urea production. The project is aiming to construct three ammonia production lines which will supply four new world-scale urea production trains in Mesaieed Industrial City. Total capacity for the new complex is projected to be 6.4 million t/a, more than doubling Qatar’s annual urea production from about 6 million tons per annum currently to 12.4 million tons per annum. Production from the project’s first new urea train is expected before the end of this decade.
A report on CRU’s annual Sulphur+Sulphuric Acid Conference, held in Barcelona, in early November.
OCP Group has launched what it calls the Mzinda-Meskala Strategic Programme, aimed at significantly expanding fertilizer production in the country. Initially announced in December 2022, the program is set to enhance production capacity in two key regions: the Mzinda-Safi Corridor and the Meskala-Essaouira Corridor. This initiative is part of OCP’s broader strategy to meet growing global demand for fertilizers while committing to long-term sustainability goals, including achieving carbon neutrality by 2040.
Methanex Corporation has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a currently idled methanol facility in the Netherlands.
CRU’s 2025 Phosphates Conference – now in its 16th year – will be held in Orlando, Florida, 31 March - 2 April next year. The 2024 event convened in Warsaw was one of the most successful to date (Fertilizer International 519, p4).
We look at the future of polyhalite mining and its use as a fertilizer following Anglo American’s announcement that investment in its UK-Based Woodsmith mine will fall to zero in 2026 under current plans.