
Casale awarded fertilizer plant PDP contract
Casale has signed a process design package (PDP) contract with Daewoo Engineering & Construction Co for two new fertilizer plants.
Casale has signed a process design package (PDP) contract with Daewoo Engineering & Construction Co for two new fertilizer plants.
The European Commission (EC) says it has begun tracking European imports of certain ethylene and ammonia products, to allow it to react quickly to level the playing field if the monitoring points to a surge of imports causing or threatening to cause injury to the EU industry. This surveillance has been put in place in response to evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals. It covers imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen, and ammonium sulphate from all countries, and should remain in place for a period of three years.
As a tumultuous 2024 draws to a close, CRU’s fertilizer team to make a few predictions for the year ahead.
Continuing growth in Chinese ammonium sulphate production is leading to a continuing flood of exports, as greater awareness of the utility of sulphur as a fertilizer leads to increasing global demand.
China’s acid production continues to grow as new smelters come on-stream. But high domestic demand from phosphate production as export restrictions are lifted and a shortage of copper concentrate may limit the potential for acid exports.