Phospholutions – delivering efficiency, creating value
Phospholutions, Inc., a sustainable fertilizer company headquartered in the United States, recently launched its flagship technology, RhizoSorb ® , to improve phosphorus fertilizer efficiency.
Phospholutions, Inc., a sustainable fertilizer company headquartered in the United States, recently launched its flagship technology, RhizoSorb ® , to improve phosphorus fertilizer efficiency.
Leo Alders , the CEO of LAT Nitrogen, is the new president of Fertilizers Europe. He was elected with immediate effect at an extraordinary general assembly on 5th December last year.
Indian fertilizer producers Mangalore Chemicals & Fertilizers (MCFL) and Paradeep Phosphates (PPL) have announced that the companies intend to merge, allowing them to consolidate their operations, according to a company statement. The new merged company, to be called PPL, will have a total production capacity of 3.6 million t/a of fertilizers.
The US is experiencing a new boom in nitrogen projects, with a number of carbon capture ammonia plants under development.
In spite of nearly two years of western sanctions, Russian exports of nitrogen fertilizer have recovered almost to pre-war levels, while high prices led to record earnings in 2022.
As Europe struggles to move away from its previous dependence on imported Russian natural gas, prices have been high and volatile, with a corresponding catastrophic impact upon domestic ammonia production.
In a recent webinar, Chris Lawson, CRU’s Head of Fertilizers, gave the CRU view on what 2024 holds in store for the global fertilizer industry. Here are CRU’s top 10 calls for the year ahead:
We report on fertilizer production, consumption and pricing in the US market. The country’s fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside its increasingly sophisticated domestic agricultural sector.
Bruce Bodine will become the new CEO of The Mosaic Company from the 1st January 2024. He was unanimously elected by the company’s board of directors at the end of August. His appointment followed the announcement that the current CEO Joc O’Rourke will retire next year. Mr Bodine was also elected company president in August and appointed as a member of Mosaic’s board with immediate effect. He was previously the company’s SVP -North America.
Merchant markets for ammonia have faced considerable disruption in recent years due to the covid pandemic and the war in Ukraine.