
Fertilizer Industry News Roundup
Ammonia production at Billingham in Teesside looks set to end, bringing to a close a history of production that dates back almost a century.
Ammonia production at Billingham in Teesside looks set to end, bringing to a close a history of production that dates back almost a century.
Some 1,400 delegates from 533 companies and 83 countries gathered in Prague, Czech Republic, for the 90th International Fertilizer Association (IFA) Annual Conference, 22 May – 24 June 2023. We report on the main highlights of this three-day flagship event.
A look at fatal incidents in the ammonia industry over the past two decades.
The International Fertilizer Association (IFA) has announced that Tony Will has been elected as the new Chair of the Association. Will is president and chief executive officer (CEO) of CF Industries, a global manufacturer of hydrogen and nitrogen products for fertilizer, clean energy, emissions abatement and other industrial applications.
Tony Will, the president and CEO of CF Industries, is the new chair of the International Fertilizer Association (IFA). He was elected in June alongside a number of other executive board members and board directors.
Metso Outotec’s annual general meeting (AGM) in early May approved the board of directors’ proposal to change the company name to Metso Corporation. “After the successful integration of Metso and Outotec, we will focus on growing a strong unified Metso company and brand,” says President and CEO of Metso, Pekka Vauramo. “We have combined two valuable companies into one strong Metso. Our focus is clear: we continue enabling sustainable modern life and transforming the industry with a clear strategy and strong culture, supported by a name that is short yet established and well recognized among all our stakeholders. Services are an extremely important part of our business, requiring a strong name.”
Mining, metals and fertilizer business intelligence company CRU has launched a new low-emissions ammonia (LEA) price assessment in its Fertilizer Week price reporting service. The price takes a value-based approach, whereby a premium on the Northwest European ammonia price is calculated on an emissions-mitigated basis, and leverages CRU’s proprietary nitrogen asset emissions data combined with weekly European carbon prices to calculate the value of emissions mitigated. CRU says that it has leveraged its Emissions Analysis Tool to develop the premiums on an emissions-mitigated basis as opposed to a cost basis, allowing end-users to assess how the switch to LEA can deliver value to their business while contributing to their decarbonisation strategies. The Emissions Analysis Tool is a comprehensive asset-byasset emissions dataset for the nitrogen industry.
The first global review of phosphate rock resources since 2010 has reported that technically recoverable reserves should last for more than 300 years.
Russia’s invasion of Ukraine has hit European fertilizer producers hard. Ammonia plants across the continent have been inactive over the winter due to prohibitively high feedstock costs. The future of nitrogen fertilizer production in the region will depend on access to an affordable, secure and sustainable energy supply and the switchover to low-carbon technologies.
Rising costs of fossil fuels in many markets, including coal in China and high gas costs in Europe are pushing up ammonia production costs. Can the falling cost of electrolysis make green ammonia production cost competitive in the near future?