
Price Trends
Market Insight courtesy of Argus Media
Market Insight courtesy of Argus Media
Switzerland-based EuroChem Group AG says it has entered into exclusive negotiations to acquire the nitrogen business of the Borealis group, after having submitted a binding offer. One of Europe’s leading fertilizer producers, Borealis operates fertilizer plants in Germany, Austria and France, as well as more than 50 distribution points across Europe. It supplies 3.9 million tonnes of fertilizer products per year, including 800,000 t/a of technical nitrogen solutions and 150,000 t/a of melamine via the Borealis LAT distribution network. It is a market leader in melamine, with its operations in Austria and Germany supplying primarily the woodworking industry. EuroChem says that melamine and technical nitrogen solutions represent important new business lines for the company to expand its nitrogen-based product portfolio in Europe.
The CRU Nitrogen + Syngas Conference returns to Berlin for a live event from 28-30 March 2022. The conference will be run as a hybrid event giving participants the option to attend live in-person or online via the virtual platform.
High feedstock prices and regulatory burdens continue to put pressure on European nitrogen producers to innovate.
New innovations, services and latest technologies to improve the operation and reliability of steam methane reformers from AMETEK Land, Kontrolltechnik, BD Energy Systems, Koch Engineered Solutions, and Quest integrity.
The COP-26 summit in Glasgow last year signed into force new rules on carbon emissions trading which may gradually start to see carbon pricing spread worldwide, with knock-on effects on emissions intensive industries like ammonia and methanol.
Argus Media’s Alistair Wallace assesses how exposed fertilizer and fertilizer raw material markets are to the conflict in Ukraine.
Improvements to equipment and materials are driving greater operational performance and higher efficiencies at urea plants. Recent advances are reviewed.
Market Insight courtesy of Argus Media
EuroChem has made a binding offer for Borealis Group’s fertilizer, melamine and technical nitrogen business.