Saudi Aramco is reportedly considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets […]
CRU used its presence at the Arab Fertilizer Association’s 32nd Annual International Fertilizer Conference & Exhibition in Cairo to frame two of the meeting’s core debates: the “regulatory tsunami” around CBAM and the evolving economics of global potash supply.
Germany's thyssenkrupp Uhde, working with Johnson Matthey, has completed a major ammonia converter revamp for İGSAŞ at its Kocaeli, Turkey, complex, restoring original nameplate capacity while cutting energy demand and pressure drop.
Oman India Fertilizer Company (OMIFCO) has formally announced plans to proceed with an initial public offering of 25% of its existing ordinary shares and list on the Muscat Stock Exchange (MSX).
Jordan’s Ministry of Energy and Mineral Resources has signed a $1 billion investment agreement with Jordan Green Ammonia (JGA) for the country’s first utility scale green ammonia and hydrogen project in Aqaba.
Energy, food, and fertilizer are three faces of the same system, says Alzbeta Klein, CEO of the International Fertilizer Association (IFA).
Strait of Hormuz disruptions linked to the Iran war have choked off fertilizer shipments from the Middle East and pushed prices sharply higher, prompting a wave of emergency support and trade measures as governments try to shield farmers ahead of key planting seasons.
QatarEnergy has agreed a 15-year urea supply contract with Koch Fertilizer, covering up to 740,000 t/y of Qatari-origin product from July 2024 into the US and other export markets.
SABIC Agri-Nutrients Company says that it has received approval from the Saudi Ministry of Energy to allocate feedstock required for the construction of its seventh plant in Jubail Industrial City. The new facility will produce approximately 1.2 million t/a of ammonia and 2.6 million t/a of urea, increasing the company’s urea production capacity from 4.8 million t/a to 7.4 million t/a; a 54% increase. This is expected to strengthen its position as one of the world’s largest producers and exporters of nitrogen-based nutrients, in line with its 2040 growth strategy.
Bahrain’s Gulf Petrochemical Industries Company (GPIC) says that its ammonia, urea and methanol plants remain offline following an Iranian drone attack and subsequent fire at the site. No injuries were reported from the incident.