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Tag: Ammonia

Making RFNBO compliant ammonia competitive

One of the key challenges of producing RFNBO (renewable fuels of non-biological origin) compliant ammonia is managing the intermittency associated with renewable energy sources for hydrogen production. Furthermore, the additional costs associated with managing this intermittency can be significant. In this article, Dr Solomos Georgiou of AFRY Management Consulting explores those additional costs as well as potential ways to achieve cost savings and make RFNBO-compliant ammonia production competitive against conventional ‘grey’ ammonia.

Market Insight

Market snapshot, 17th October 2024 Urea : Prices firmed in a thin market in mid-October. Middle East values shot up $20/t on expectations that Indian Potash Limited (IPL) would announce another tender to secure tonnes for India in December. If correct, this will follow hot on the heels of the latest Rashtriya Chemicals and Fertilizers (RCF) purchase tender for 0.56 million tonnes of urea. Sohar International Urea & Chemical Industries (SIUCI) sold a November cargo at $390/t f.o.b. with further trader interest reported at $385/t f.o.b. This demand was probably generated by traders positioning themselves for IPL’s expected tender, given that other markets generally remained quiet.