Section: CRUNS Market & Features

The war in Ukraine has severely affected the supply of ammonium nitrate and CAN from Russia and Ukraine, with particular potential impact on Europe and Latin America. Can urea make up the difference?

A round-up of current and proposed projects involving non-nitrogen synthesis gas derivatives, including methanol, hydrogen, synthetic/substitute natural gas (SNG) and gas- and coal-to-liquids (GTL/CTL) plants.

Nitrogen+Syngas’s annual listing of new ammonia, urea, nitric acid and ammonium nitrate plants.

Yara and Mosaic shocked markets with a settlement of $1,625/t c.fr for April, up $490/t on March, and the highest ever price recorded at Tampa, as the removal of Russian and Ukrainian ammonia supply impacted global prices, and Baltic rates soared to $1,500/t. However, April saw some of the global dislocations caused by the Russian conflict begin to ease, while the high prices saw buyers in the US delay purchases, leading to the Tampa price falling back $200/t for May loadings.

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.