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Section: CRUNS Industry News

Nitrogen Industry News Roundup

Hanwha Corporation and INEOS Nitriles have announced their intention to collaborate in a study for a new low-carbon ammonia facility with carbon sequestration in the USA, with a capacity of more than 1 million tonnes per annum. The location of the plant is yet to be determined. The two companies have agreed heads of terms, under which Hanwha and INEOS will jointly explore the feasibility of a facility to meet the growing global demand for ammonia with low-carbon emissions. A final investment decision is planned for 2026 with planned commercial operation in 2030.

Syngas News Roundup

NextChem Tech, has signed a contract with Paul Wurth SA, a subsidiary of SMS group, and Norsk e-Fuel AS for a licensing and engineering design package relating to its NX CPO (catalytic partial oxidation) technology, which will be used in an industrial scale plant producing sustainable aviation fuel (SAF) from green hydrogen and biogenic CO2 in Mosjøen, Norway. NextChem’s NX CPO technology produces synthesis gas via a very fast controlled partial oxidation reaction. When applied to synthetic fuel production, it can improve carbon efficiency recovery yield. The first plant developed by Norsk e-Fuel will have a production capacity of 40,000 t/a of green fuel and will enter operation after 2026. Based on the initial design, two additional facilities with a capacity of around 80 000 t/a each are planned to be built by 2030. The fuels will current aviation emissions.

Nitrogen Industry News Roundup

OCI Global says that it has reached an agreement for the sale of 100% of its interest in its large-scale nitrogen fertilizer subsidiary the Iowa Fertilizer Company LLC, located in Wever, Iowa, to Koch Ag & Energy Solutions for $3.6 billion. Completion of the transaction remains subject to US anti-trust approval and other customary closing conditions. The transaction is expected to close in 2024. Morgan Stanley & Co. International plc is serving as financial advisor to OCI on the transaction. IFCO produced 1.2 million t/a of urea ammonium nitrate (UAN) in 2021 and 700,000 t/a of anhydrous ammonia, as well as 700,000 t/a of diesel exhaust fluid (DEF).

Syngas News Roundup

Jiangsu Sailboat Petrochemical has started up a CO2 -to-methanol plant at the Shenghong Petrochemical Industrial Park. The plant was developed in conjunction with Iceland’s Carbon Recycling International (CRI), with the plant brought to life in under two years from the initial contract signing. The methanol plant uses CRI’s proprietary emissions-to-liquids (ETL) technology, transforming waste carbon dioxide and hydrogen gases into sustainable, commercial-grade methanol. According to CRI, uses 150,000 t/a of carbon dioxide sourced from waste streams at the large petrochemical complex as feedstock, significantly reducing emissions that would have otherwise been released into the atmosphere. The plant has the capacity to produce 100,000 t/a of sustainable methanol, used primarily to supply Jiangsu’s methanol to olefins facility to produce chemical derivatives, including sustainable plastics and EVA coatings for solar panels. This is expected to reduce the reliance on fossil-based methanol to drive more sustainable value chains and carbon footprint reduction initiatives across various sectors, such as industrial manufacturing and renewable energy.

Nitrogen Industry News Roundup

Proman has signed a memorandum of understanding (MoU) with Mitsubishi Corp to collaborate on the development of a blue ammonia plant at Lake Charles, Louisiana. This new facility will aim to produce around 1.2 million t/a of low carbon ammonia, making it one of the largest of its kind in the world. The plant will incorporate carbon capture and sequestration technology. Proman says that this development aligns with the company’s commitment to sustainability and reducing greenhouse gas emissions. The proposed ammonia plant will be located at Proman’s existing site in Lake Charles, adjacent to its gas-to-methanol plant, which is also currently being developed.

Syngas News Roundup

SunGas Renewables Inc. has formed a new subsidiary, Beaver Lake Renewable Energy, LLC (BLRE), to construct a new green methanol production facility in central Louisiana. The project will have a capacity of 400,000 t/a of green methanol, using gasified biomass, specifically wood fibre from local, sustainably-managed forests as feedstock. The methanol will have a negative carbon intensity through sequestration of the nearly 1.0 million t/a of carbon dioxide produced by the project, which will be executed by Denbury Carbon Solutions. The methanol will then be used as a clean marine fuel by A.P. Moller–Maersk, which is building a fleet of methanol-powered container vessels.