Financing green plants
With a large number of green ammonia projects under development, financing remains the greatest hurdle to getting ventures off the ground.
With a large number of green ammonia projects under development, financing remains the greatest hurdle to getting ventures off the ground.
Venkat Pattabathula, a member of the AIChE Ammonia Safety Committee, reports on the American Institute of Chemical Engineers’ (AIChE) Safety in Ammonia Plants and Related Facilities Symposium held in San Diego on 8-12 September 2024.
Emerging evidence suggests that by-products used as fertilizers, particularly ammonium sulphate, may emerge as winners from the EU’s implementation of the carbon border adjustment mechanism (CBAM). In this article, Franck Boher of Upgraid investigates whether by-products can help reshape sustainable fertilizer production in Europe.
Intermittent supply from China due to export restrictions and US duty changes have kept markets guessing over the past couple of years, and there is no sign of that changing.
Although it has been a major exporter of urea, increasing Chinese government restrictions have restricted the seasonal window for exports.
China’s drive to build new battery production capacity for electric vehicles and stationary storage is leading to a familiar problem for the Chinese economy; overcapacity.
Specialty fertilizer products represent a small volume, high value segment of the overall fertilizer market that’s been growing at around four percent per annum in recent years. Economic, environmental, regulatory and agronomic imperatives are driving up their adoption – and an overall shift from volume to value in the fertilizer market.
To comply with environmental legislations, all new and most existing nitric acid plants must implement measures to reduce N2 O emissions to the atmosphere. This article explores the opportunities presented by Stamicarbon’s tertiary abatement technology for both existing and grassroots nitric acid plants to enhance sustainability and efficiency and discover the advantages of incorporating these technologies into a green fertilizer complex.
New regulatory developments in Europe are focusing attention on eliminating microplastic residues in soils by adopting biodegradable fertilizer coatings. Major technology licensors and engineering companies are also developing new coating technologies for controlled-release fertilizers (CRFs).
In spite of nearly two years of western sanctions, Russian exports of nitrogen fertilizer have recovered almost to pre-war levels, while high prices led to record earnings in 2022.