Market Insight
Price trends and market outlook, 26th February 2026. (Important note: this Market Insight was published two days before the start of the latest Middle East conflict.)
Price trends and market outlook, 26th February 2026. (Important note: this Market Insight was published two days before the start of the latest Middle East conflict.)
Cover story! CASALE's Gabriele Marcon outlines how integrated fertilizer production can support global food security.
Clariant demonstrates how ammonia plant performance can be maximised through advanced low temperature shift solutions. Clariant’s combination of ShiftMax 217 Plus and CLARITY Prime delivers benefits that neither superior catalysts nor digital tools could achieve alone.
Polymer manufacturer Covestro has signed a memorandum of understanding with ammonia and urea exporter Fertiglobe and chemical producer TA’ZIZ to explore collaboration across the ammonia and nitric acid value chains. The MoU reflects the parties’ shared interest in assessing both near-term supply solutions and longer-term opportunities supporting the transition toward lower-carbon production pathways. The agreement was signed during the visit of German Chancellor Friedrich Merz to the UAE.
Nitrogen+Syngas ’s annual listing of new ammonia, urea, nitric acid and ammonium nitrate plants.
Pilbara Ports has signed a memorandum of understanding (MoU) with Yara Pilbara for low carbon ammonia bunkering. The companies have agreed to collaborate on government and stakeholder advocacy, develop a training program for safe ammonia handling, and are planning the necessary fuelling infrastructure at Dampier and Port Hedland ports as part of the Pilbara Clean Fuel Bunkering Initiative.
PT Pupuk Kalimantan Timur (Pupuk Kaltim) says that it has begun work on a revamp to its number 2 ammonia plant. The plant, which was originally constructed in 1984, has a capacity of around 1,500 t/d of ammonia. The revamp, which is being carried out internally by Pupuk Kaltim, aims to improve energy efficiency at the ageing plant and reduce carbon emissions, according to the company. The revamp is expected to extend the plant’s operational life, improve production reliability, and support Indonesia’s long-term fertilizer supply amid rising domestic demand.
• Prices are likely to remain on an upward trajectory as long as the Strait of Hormuz remains effectively closed and Middle East export availability is constrained.
The government of Morocco has signed an agreement with the ORNX consortium to advance a $4.5 billion green ammonia project in the southern city of Laayoune, as part of Morocco’s ambitions to become a global hub for green hydrogen and derivatives. The development combine wind and solar electricity generation with hydrogen from electrolysis to feed green ammonia production. Under the terms of the agreement, more than 2 GW of renewable energy capacity will be installed, feeding 900 MW of electrolysers producing green hydrogen. To ensure operational stability and continuous output, the facility will also incorporate battery energy storage systems. In addition, a seawater desalination plant will be constructed to provide the purified water required for hydrogen production, addressing resource constraints in the arid coastal region. During its initial phase, the complex is expected to generate around 100,000 t/a of green hydrogen, which will allow the production of 560,000 t/a of green ammonia. The ammonia will be used both domestically in ammonium phosphate production as well as being exported internationally.
NextChem says that its subsidiaries Stamicarbon and KT Tech have been awarded licensing, process design package (PDP) and critical equipment supply contracts for the development of three world-scale complexes, two of them dedicated to granular urea production, and one integrating ammonia and methanol co-production, for an undisclosed “major client in West Africa”. The contracts are all based on proprietary technologies.