Tag: CF Industries

We compare and contrast the 2021 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

The recently-published IEA Ammonia Technology Roadmap sets out a future pathway for decarbonising the nitrogen industry. New technology options for low-carbon ammonia production are emerging and project activity is on the rise.

Liquid fertilizers are emerging as a high growth, multibillion dollar market. Their growing use is linked to trends such as no-till farming and the greater adoption of precision agriculture. Leading producers and products are highlighted.

Italy’s Maire Tecnimont Group has named Alessandro Bernini as its chief executive officer (CEO) and chief operating officer (COO). The announcement was made following the resignation of Pierroberto Folgiero , the company’s previous CEO and COO, with effect from 15th May.

Erika Niino-Esser of thyssenkrupp Industrial Solutions explains the importance of thyssenkrupp’s technologies for sustainable hydrogen and ammonia value chains in the global energy transition, and how they are contributing to a climate-neutral world. Several novel green hydrogen projects are also highlighted.

Yara and Lantmännen have signed an agreement to bring fossil-free mineral fertilizers to market.

The International Fertilizer Association (IFA) has signed a memorandum of understanding with the United Nations Food and Agriculture Organisation (FAO) over collaboration to support the FAO’s vision of transformative change and innovation in agriculture. Svein Tore Holsether, IFA Chair, signed the agreement at a live virtual signing in December together with FAO deputy director general Beth Bechdol. The agreement outlines collaboration to further shared goals and objectives with regard to the promotion of sustainable food and agriculture. Both parties will work together to raise awareness about the International Code of Conduct for the Sustainable Use and Management of Fertilizers (Fertilizer Code), promote education and knowledge transfer and continue their successful collaboration on fertilizer statistics.

Recent spikes in natural gas prices, particularly in Europe, have highlighted the tightness of natural gas markets around the world going into the northern hemisphere winter. Are ammonia and methanol producers on for a run of high gas prices in 2022?

Import duties on phosphates from Morocco and Russia imposed by the US government in 2021 have compounded a lack of availability of phosphate fertilizer caused by Chinese export restrictions and led to higher prices for US farmers. Are there knock-on effects possible for sulphuric acid demand?

CF Industries announced several interlinked board changes in mid-October. Current chair Stephen Furbacher is to retire at the company’s annual stockholders meeting in May next year. In a coordinated move, the board elected Stephen Hagge – currently an independent director of CF Industries – as Mr Furbacher’s successor with effect from the start of January 2022. The board also elected John Eaves, another independent director and the executive chairman of Arch Resources, as incoming chair of the company’s compensation and management development committee. He is taking over this role from the committee’s former chair Mr Hagge. This appointment also takes effect from the beginning of 2022.