Skip to main content

Tag: Demand

Nitrogen Industry News Roundup

CF Fertilisers UK Limited, a subsidiary of CF Industries, says that it plans to permanently close the ammonia plant at its Billingham fertilizer complex in order to secure the long-term sustainability of its business in the UK. The Company intends to continue to produce ammonium nitrate (AN) fertiliser and nitric acid at the Billingham site using imported ammonia, as it has for the last 10 months following its decision to temporarily idle the plant in August 2022.

Digital tools reshaping urea plant operations

With the growing global demand for food and the rise in ecological challenges, there’s a pressing need for a more sustainable and environmentally-friendly approach to fertilizer production. Achieving a sustainable increase in plant load and operational margins through improved operations is a demanding task. Luc Dieltjens and Ali El Sibai of Stamicarbon discuss how a plant can effectively address these challenges with digital tools to optimise the process.

China’s troubled transition

All is not well with the Chinese economy. Growth has slowed to a fraction of what it was, only 0.8% in 2Q 2023, and has not bounced back as expected as covid lockdowns were eased. Exports and imports are both falling, debt has reached 300% of GDP, youth unemployment is running at 20%, and the property market is collapsing, with huge property developers like Evergrande and Country Garden only avoiding bankruptcy via government arranged loan restructurings. Consumer prices have fallen year on year, raising the spectre of deflation, and productivity growth has fallen from 4.5% year on year in 2006-7 to around 0.8% today. The yuan is trading at a 16-year low against the dollar.