Specialty potash briefing
In this CRU Insight, Humphrey Knight assesses the key market factors driving high SOP pricing.
Category: Europe
EU tackles rising fertilizer costs under CBAM through targeted tariff relief
Recent developments show the Carbon Border Adjustment Mechanism (CBAM) remains active for fertilizers, but the European Commission proposes tariff reductions to offset import costs. Tariff suspension details The Commission will temporarily suspend remaining Most-Favoured-Nation (MFN) tariffs on ammonia, urea, and certain other fertilizers. Import tariffs from most-favoured nations stand at 6.5%, excluding higher staged tariffs […]
Press Release: Metso books third part of the orders related to Almalyk MMC’s copper smelter project in Uzbekistan
Metso - third part of order related to Almalyk MMC's copper smelter project booked - set to produce 1.8 million tpa of sulfuric acid
Press Release: Nel ASA: Strengthens its industry leadership as the final investment decision has been taken to industrialize the Next Generation Pressurized Alkaline platform
Nel ASA - investment decision to begin construction on up to 1 GW of production capacity
CF ships first low-carbon cargo to Europe
CF Industries has made its first shipment of certified low-carbon ammonia to Europe.
MEPs warn of CBAM price hikes
Irish MEPs have urged the European Commission to rethink its introduction of the carbon border adjustment mechanism (CBAM).
Anglo American announces merger of equals with Teck
Anglo American and Teck Resources jointly announced a merger agreement on 9th September.
Demand is everything
Could demand mandates help the build the market for green fertilizers – by placing mandatory purchasing requirements on large-scale end users?
Smarter fertilizer handling
From ship to storage, Bruks Siwertell aims to ensure safe, reliable, high-capacity fertilizer transfers.
Fuel exports suspended following drone attacks
Ukraine has mounted several strikes on the Russian Black Sea port of Tuapse, hitting oil infrastructure with airborne and seagoing drones and missiles. Tuapse is a tanker loading terminal, one of two main oil export facilities on Russia’s Black Sea coast, with the capacity to transship around 17 million t/a of oil products. A raid on November 2nd reportedly damaged two tankers, halted fuel exports and refinery operations for days, caused an oil spill and forced tankers to abandon the port. Russia’s national rail company has halted rail shipments to Tuapse port, citing insufficient train car handling capacity.