Market Outlook
The market is anticipated to correct lower throughout the rest of the first quarter. Once a clearer picture over seasonal fertilizer demand in Europe emerges, this could stabilise downward momentum.
The market is anticipated to correct lower throughout the rest of the first quarter. Once a clearer picture over seasonal fertilizer demand in Europe emerges, this could stabilise downward momentum.
Advanced Methanol Amsterdam (AMA) is a production facility, that will be realised in the Port of Amsterdam's Biopark, which is destined to produce advanced methanol that meets the European renewable energy directive (RED) requirements. Once completed, AMA will be the flagship production site for GIDynamics and GIDARA Energy and for its High Temperature Winkler (HTW ® ) gasification technology. AMA will also be the first of its kind green methanol unit designed by Casale.
Market Insight courtesy of Argus Media
The capabilities of OGT’s ProTreat ® simulator were recently enhanced by the addition of gas treating with hybrid solvents. The functionality was developed generically to make it as broadly applicable as possible. In this article, Ralph H. Weiland of Optimized Gas Treating investigates the effect of TEG as a contaminant on the performance of DEA, MDEA, and piperazine-promoted MDEA in a gas treating application.
Market Insight courtesy of Argus Media
Fertilizers are always political to some extent, sitting as they do at the intersection of key commodities such as oil and gas on the one hand and food on the other. Markets for major nitrogen derivatives have often been distorted by political decisions to achieve self-sufficiency in fertilizer production, such as in, e.g. China or India. But over the past couple of months ammonia has found itself particularly in the political spotlight, in the context of the ongoing conflict in Ukraine, which continues to shape and indeed re-shape global commodity markets.
Topsoe has agreed to supply an initial 500 MW of industrial-scale, solid oxide electrolyser cells (SOEC) to First Ammonia, a US company aiming to produce green ammonia for transportation fuel, power storage and generation, as well as fertilizer, at sites in northern Germany and the southwestern United States. The companies envisage that over the lifetime of the agreement some 5 GW of SOEC electrolysers will be supplied, potentially replacing almost 5 bcm of natural gas and eliminating the emission of 13 million t/a of CO 2 emissions. The facility to manufacture the electrolyser cells will be built in Herning, Denmark, and has recently received a final investment decisions from Topsoe’s board.
The ammonia market appears to be oversupplied as of the end of October 2022, with a ready availability of spot cargoes. Coupled with increased availability from European producers due to an easing of gas prices, this seemed to indicate bearish market sentiment for the immediate future.
Casale has developed a range of methanol-ammonia coproduction processes to match different requirements according to product capacity.
The curtailment of ammonia production in Europe and reduction in export supply from Russia has led to an unprecedented year for the merchant ammonia market.