Tag: Ammonia

Support for ammonia prices in markets east of Suez eroded during February. The ongoing bubble of support seen in NW Europe remained just about intact, though news of further declines at Tampa for March and slumping natural-gas prices should begin to eat away at any remaining support in the West. After declining $70/t during the first two months of 2025, the Tampa settlement between Yara and Mosaic was revised down a further $40/t for March, imposing further downward pressure on f.o.b. values in Trinidad and the US Gulf.

In her Indian 2025-26 budget presentation on February 1st, finance minster Nirmala Sitharaman announced a $1.15 billion investment to build a new 1.27 million t/a ammonia-urea complex at Namrup in Assam province. The plant will be a brownfield development at the Brahmaputra Valley Fertiliser Corporation Ltd (BVFCL) site. Sitharaman said that it was part of the Indian government’s commitment to strengthening agricultural infrastructure and self-sufficiency in fertilizer production. The gas-based ammonia-urea plant is expected to start up in 2028-29 and will supply farmers in northeast and eastern India.

Toyo Engineering Corporation (TEC) will license its ACES-21 urea technology to Angolan fertilizer producer Amufert for the Soyo urea plant in Angola. The plant will have a capacity of 4,000 t/d and will be the first of its kind in the country, based on abundant local natural gas supplies. Toyo Engineering will supply licensing, basic design, certain equipment procurement and technical services, while international engineering company Wuhuan Engineering will lead the engineering, procurement and construction of the plant. Production is expected to start in 2027. KBR was previously awarded the license for the 2,300 t/d ammonia plant in November 2024 (see Nitrogen+Syngas 393, Jan/Feb 2025, p6).

• Prices look set to come under further pressure moving into March, particularly east of Suez. Prices in the West – specifically in northwest Europe – have enjoyed a partial degree of support through February, though this appears unlikely to hold for much longer.

SKW Piesteritz cut production and closed one of its two ammonia plants indefinitely in mid-January.

Price trends and market outlook, 20th February 2025

MOPCO has selected thyssenkrupp Uhde to supply advanced technology for its Damietta ammonia-urea complex in Egypt.

Days 2 and 3 of the CRU’s 38th Nitrogen+Syngas 2025 Expoconference turned to the technical sessions, organised in three parallel streams covering: green ammonia technology, nitric acid and ammonium nitrate, plant operations and reliability, urea technology, digitalisation, carbon capture, emissions reduction and sustainable fertilizer production, and fertilizer finishing.

10th February, 2025 – sessions as reported by Richard Hands from Barcelona CRU’s 38th Nitrogen+Syngas 2025 Expoconference has begun in Barcelona with three strands covering business development, technical innovations and practical operator training, the latter comprising case studies for analysing hazards associated with green ammonia production. Heading up the business development session, Marti Leppälä, Secretary […]

Ammonia markets saw a slow start to 2025, with further transparency needed on both sides of the Suez to determine the extent to which prices are expected to fall through January amid healthy supply and only limited pockets of demand.