Tessenderlo Group agrees to buy Cinis Fertilizer's SOP plant
Tessenderlo Group is set to acquire Cinis Fertilizer's potassium sulphate (SOP) production plant, having signed an asset transfer agreement.
Tessenderlo Group is set to acquire Cinis Fertilizer's potassium sulphate (SOP) production plant, having signed an asset transfer agreement.
ICL has launched Bioz Kellus, a new micronutrient and biostimulant product. It delivers faster nutrient uptake and improves plant resilience.
Metso has signed a major agreement with Southern Peru Copper Corporation, one of the largest copper producers in the world, for the supply of copper solvent extraction and electrowinning (SX/EW) technology to the company’s Tia Maria project in Cocachacra, Peru. The new plant will produce 120,000 tons of high-purity copper cathodes per year. Metso’s scope […]
Topsoe has signed a FEED agreement for Hynfra’s green ammonia project located in the port of Aqaba, Jordan. The FEED is the detailed engineering and design of the plant, and Topsoe’s ammonia synthesis technology will be part of this design. The plant will convert green hydrogen to ammonia based on Topsoe’s ModuLite™ platform. Kim Hedegaard, CEO […]
Woodside Energy has formally assumed control of the Beaumont New Ammonia (BNA) facility in Texas, following the completion of performance testing by previous owner OCI. However, speaking at a recent press briefing for Woodside’s quarterly results, CEO Liz Westcott admitted that the switch to carbon capture and storage at the 1.1 million t/a ammonia facility […]
Indian Farmers Fertiliser Cooperative Limited (IFFCO) has inaugurated its new, third sulphuric acid plant at its facility in Paradeep, Odisha. This expansion significantly boosts the site's total production capability from 750,000 t/a to 2.2 million t/a. The plant, dedicated by Union Minister Amit Shah, highlights a major increase in domestic capacity for India's fertilizer industry.
Devon Energy has signed a definitive merger agreement with Coterra Energy. The companies say that the combination will create a leading shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The companies say that they have identified $1 billion in annual pre-tax synergies which, together with technology-driven capital efficiency gains and optimised capital allocation will drive near and long-term per share growth.
While Brazil is the largest consumer, trade in acid in South America has been dominated
The US and Israel attacks on Iran and the Iranian response have thrown commodity markets into chaos, with sulphur and sulphuric acid particularly affected.
Coromandel International says that it has started trial production at its new sulphuric acid and phosphoric acid plants in Kakinada, Andhra Pradesh. The company says that this marks a crucial step towards transforming the unit into a fully integrated facility, significantly enhancing production capacity and diminishing reliance on imported raw materials for fertiliser manufacturing. The company is now focusing on a phased ramp-up. The new plants have of 2,000 t/d of sulphuric acid and 650 t/d of phosphoric acid, respectively. The integration of these acid plants is strategic, aligning with Coromandel's objective to strengthen backward integration in its fertiliser manufacturing value chain. By producing key intermediates in-house, the company aims to secure stable supplies, enhance cost efficiencies, and achieve greater self-sufficiency, thereby reducing dependence on imported raw materials. The project aims to replace over 50% of the Kakinada plant's imported acid requirements and mirror the integration levels seen at its Vizag and Ennore facilities.