Section: CRUNS Market & Features

India’s new batch of urea plants are coming on-stream or nearing completion, but can the country regain the self-sufficiency in urea production that it enjoyed in the 1990s?

Spot ammonia prices made steep losses in west of Suez regions following the $200/t drop in the Tampa May contract price in late April, as supply and demand start to rebalance two months after the removal of Black Sea ammonia exports from the market. Yara has settled the Tampa contract price for May with Mosaic at $1,425/t c.fr, a $200/t drop from April.

Erika Niino-Esser of thyssenkrupp Industrial Solutions explains the importance of thyssenkrupp’s technologies for sustainable hydrogen and ammonia value chains in the global energy transition, and how they are contributing to a climate-neutral world. Several novel green hydrogen projects are also highlighted.

Florian Gruschwitz of MAN Energy Solutions takes a look at the current investment decisions influencing green hydrogen projects on the path to decarbonisation, reviews technologies that are available today, and discusses what it will take to ramp up a global green hydrogen economy.

CRU’s Nitrogen + Syngas conference returned to a face to face meeting for the first time in two years at the end of March this year.

For some years the fastest growing sector of the methanol market was Chinese olefins production. However, with growth there flattening out, it is traditional chemical uses which are taking over again as drivers of demand growth, with, longer term, a major prospect from fuel and energy applications.

Ammonia synthesis catalysts have seen major improvements over the last 100 years, and they are highly optimised with respect to activity, thermal stability, and poisoning resistance. Improving such catalysts even further requires a deep understanding of their structure and the impact of different parameters on performance. Clariant, Johnson Matthey and Topsoe report on their studies and developments in ammonia synthesis catalysts.

The ammonia market, already seeing record pricing in the wake of the winter’s gas price squeeze, is braced for even higher pricing in the wake of the Russian invasion of Ukraine. The impact upon gas prices has been most marked, with rates of over $65/MMBtu seen in European forward pricing as the threat of a cessation of Russian gas exports loomed. This will undoubtedly lead to widespread idling of ammonia capacity in Europe.

Market Insight courtesy of Argus Media

Saipem, Stamicarbon, Toyo Engineering Corporation and KBR showcase recent projects and latest technology for urea and nitric acid plants.