Category: Outlook & Reviews

We compare and contrast the 2024 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

While green hydrogen and green ammonia promise to be important clean energy carriers in future, there are significant challenges to be overcome not only in production storage and transport, but also financially realising the project. Innovate technology from thyssenkrupp Uhde, embodied in standardised, pre-integrated, modularised plant can deliver low cost of ownership and de-risks execution.

Risk analysis tools such as hazard identification (HAZID), is often a first step in broader risk management and is especially valuable for green ammonia, where new technologies and processes introduce novel risks. This article explores various aspects of HAZID, from the basics of hazard identification to unique considerations specific to green ammonia facilities.

A review of papers presented at CRU’s Nitrogen+Syngas 2025 Expoconference, held in Barcelona from February 10th-12th 2025.

P r esident Trump’s flurry of activity in his first month of office has not only upended the global political order that has existed, more or less, since the US rearranged it to its satisfaction in 1945, but has also had a seismic impact on world trade. How the various strands of US policy will play out remains highly uncertain, but some clear trends are beginning to emerge.

New carbon capture-based plants could see US nitrogen capacity jump over the next few years, but Trump attacks on IRA tax credits may scupper some ongoing projects.

India’s push to replace its sizeable urea imports with home grown capacity continues, but may not keep pace with rising domestic demand.

Nitrogen+Syngas ’s annual listing of new ammonia, urea, nitric acid and ammonium nitrate plants.

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.

• Prices look set to come under further pressure moving into March, particularly east of Suez. Prices in the West – specifically in northwest Europe – have enjoyed a partial degree of support through February, though this appears unlikely to hold for much longer.