From the archives: the 'Godzilla' El Niño of 2015/16
How will the current El Niño affect global fertilizer demand? We look back at the impact of the 2015/16 'Godzilla' event in this article from our archives.
How will the current El Niño affect global fertilizer demand? We look back at the impact of the 2015/16 'Godzilla' event in this article from our archives.
Potassium sulphate (SOP) samples produced at the company’s UK pilot plant are being sent to a number of fertilizer manufacturers and distributors across Europe.
Pampa Energía has taken final investment decision on its long trailed Bahía Blanca fertilizer complex, confirming a $2.7 billion granular urea project that will host Latin America’s largest urea plant by production capacity.
Koch Ag & Energy Solutions is buying a 50% share in Jorf Fertilizers Company I (JFC I) as part of a second joint venture with OCP Nutricrops.
Rail, road, ship or pipelines all bring different benefits and risks to long distance transport of ammonia, but the fundamentals of ammonia safety remain a constant.
The Ukraine war and associated tariffs and the EU’s carbon pricing system are keeping ammonium nitrate prices high.
Ammonia values have continued to ease across most regions at the end of June, as the first ammonia vessels begin to exit the Gulf since the Iranian conflict began. Iranian ammonia had also begun to flow to India following the US Treasury’s issuance of a 60-day sanctions waiver on 22 June, allowing dollar-denominated trade in Iranian petrochemical products through 21 August. As a result, Indian bids have been heard as low as $750/t c.fr, as buyers benefit from a widening pool of available supply - Iranian, Chinese and renewed Southeast Asian material are all competing for the same business.
• Ammonia prices are expected to maintain their current downward trajectory, with the pace of correction likely to accelerate as the supply picture improves. Confirmed trades at materially lower levels remain limited, but the direction of sentiment is clearly softer.
A round-up of current and proposed projects involving non-nitrogen synthesis gas derivatives, including methanol, synthetic/substitute natural gas (SNG) and gas- and coal to liquids (GTL/CTL) plants.
The board of Yunnan Yuntianhua gave the go ahead for the development of a massive underground phosphate mine in Yunnan province on 14th May. The major Chinese producer part owns the mine project through a 35% stake in its developer Julin New Materials. The other three owners are Yuntianhua Group (55%), Zhaotong Development Group (9%) and Zhenxiong Chanyi Investment (1%).