Metso has been awarded an order to supply key cellhouse process equipment for a zinc smelter expansion project in South Asia. The value of the order was undisclosed, as was the name of the customer, which is one of the leading zinc producers globally.
Methanex says that it has been unable to agree to a new natural gas contract for its 860,000 t/a Titan methanol plant in Trinidad and Tobago, and, as a result, will begin the process of indefinitely idling the facility. Titan’s existing natural gas contract expires in the third quarter of 2026. Methanex says that it will undertake a preservation process at the Titan plant to provide options for a future restart should conditions materially improve. The neighbouring 1/7 million t/a Atlas methanol plant, a joint venture in which Methanex holds a 63.1% economic interest, remains indefinitely idled in a preserved state.
Saudi Aramco is reportedly considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets […]
JSW Steel says that it has signed a memorandum of understanding with Bharatia and Carbon Iceland International to develop a 300,000 t/a green methanol facility. The plant will capture carbon dioxide emissions from JSW Steel’s existing Raigad facility in Maharashtra state, and combine them with hydrogen produced from water electrolysis using renewable electricity. Under the […]
SunGas Renewables Inc. has said that it will cease further development of the Beaver Lake Biofuels project, a proposed wood fibre-to-low carbon methanol facility in Louisiana. The project was to have involved integrating three of SunGas S1000 syngas production systems with downstream technologies to produce approximately 553,000 t/a of low carbon methanol, and geological storage […]
Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, said on June 3rd that it had begun a planned 60-day maintenance shutdown of its Nchanga smelter in Zambia. KCM said that the routine maintenance is aimed at improving operational efficiency, equipment reliability, and long-term production performance, and forms part of the company’s broader modernisation strategy, […]
The International Finance Corporation, Siemens Financial Services and Fullerton Carbon Action Fund have signed definitive agreements for a total equity investment of $105 million in Hygenco Green Energies. The investment will support the development of multiple commercial green hydrogen projects which Hygenco aims to deliver as part of India’s National Green Hydrogen Mission. Hygenco broke […]
Uniper Global Commodities has signed a long-term binding offtake agreement with AM Green Ammonia India for up to 500,000 t/a of renewable ammonia certified as a Renewable Fuel of Non-Biological Origin (RFNBO). The agreement, the first of its kind for an Indian company, was signed by Michael Lewis CBE, CEO of Uniper, and Anil Kumar […]
VK Arora of Kinetics Process Improvements, Inc. (KPI) looks at how – while carbon border taxes may reshape ammonia trade – the economics of hydrogen and electricity will ultimately determine the long-term competitiveness of European production.
Multiple drone strikes have hit the industrial city of Cherepovets in Russia's Vologda Oblast region, according to Russian news agency TASS. The area contains PhosAgro's largest phosphate fertilizer production site. Cherepovets has a production capacity of around 700,000 t/a NPK and around 814,000 t/year DAP/MAP, according to CRU data, making it the largest phosphate fertilizer production site across Europe and the CIS. The site also contains several sulphuric acid plants with a combined capacity of 4.5 million t/a, making it Russia's largest production hub for the acid. This entire volume is consumed domestically.