
Gas pricing and the LNG market
Global gas demand has returned to growth after the supply shock of 2022-23, but geopolitical tensions and short supply in LNG markets.
Global gas demand has returned to growth after the supply shock of 2022-23, but geopolitical tensions and short supply in LNG markets.
The European Commission (EC) says it has begun tracking European imports of certain ethylene and ammonia products, to allow it to react quickly to level the playing field if the monitoring points to a surge of imports causing or threatening to cause injury to the EU industry. This surveillance has been put in place in response to evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals. It covers imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen, and ammonium sulphate from all countries, and should remain in place for a period of three years.
Tecnicas Reunidas and Siemens Energy have been awarded the contract to carry out front-end engineering design (FEED) for a major green methanol project in La Robla, Spain. The consortium will work on the project for Spanish developer Reolum, part of a partnership that says it is building the largest green methanol plant in Europe. The La Robla Nueva Energia facility will combine biogenic CO2 from a co-located biomass-based cogeneration plant with green hydrogen to produce 140,000 t/a of low carbon methanol. Tecnicas Reunidas will focus on the biogenic carbon capture and methanol production units, while Siemens Energy will handle the renewable hydrogen unit. Johnson Matthey has been selected to supply its eMERALD methanol technology, while Mitsubishi Heavy Industries will license it CO2 capture technology for the project.
The Kazakh government has approved the construction of a new ammonia and urea plant in the country’s Mangistau region, on the eastern shore of the Caspian Sea. Construction will be carried out by a joint venture between QazaqGaz National Company and ESTA Construction under Qazesta Fertilizers Ltd. The total investment for the project is $1.35 billion, with construction expected to be completed within three and a half years. The plant’s annual production capacity is projected to reach up to 700,000 t/a of urea and 420,000 t/a of ammonia, adding value to the country’s natural gas production and helping to substitute domestic production for foreign imports of nitrogen fertilizer. Despite a national demand of 3.2 million t/a, domestic production currently only meets about half of that need.
thyssenkrupp Uhde has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) for the construction of a weak nitric acid plant in Bharuch, Gujarat state. The scope of work includes license, basic engineering, detailed engineering, procurement, construction, commissioning, and start-up services. The plant will have a capacity of 600 t/d of weak nitric acid, and will use Uhde’s proven EnviNOx® technology to reduce greenhouse gas emissions by eliminating nitrogen oxides from nitric acid production. This will be the third weak nitric acid plant licensed by Uhde to GNFC’s Bharuch site, in a partnership going back more than three decades.
For the first time, K+S is offering farmers low-carbon potash and magnesium fertilizers.
Mark Brouwer of UreaKnowHow.com reviews the main production options for incorporating sulphur into urea
Fertilizer International talks with Jakob Liedberg, the CEO of innovative potassium sulphate producer Cinis Fertilizer.
PuraLoop is a new fertilizer created from recycled phosphorus. ICL’s Patricia Imas and Lucas van der Saag highlight its main benefits.
We compare and contrast the 2024 financial performance of selected major fertilizer producers following the publication of fourth quarter results.