The Buffer zone: Why physical traders matter more than ever in a fractured market
We speak with Ilya Motorygin, Managing Partner and Co-founder of GG Trading DMCC.
We speak with Ilya Motorygin, Managing Partner and Co-founder of GG Trading DMCC.
Prayon has opened a new sodium hexametaphosphate (SHMP) production unit at its Engis complex in Belgium. The €30 million investment is designed to strengthen the company’s position in the food and technical phosphates market. The new 10,000 tonnes per annum (t/a) capacity Engis unit complements Prayon’s existing SHMP unit at its Les Roches-de-Condrieu site in France and will double the company’s SHMP’s output capabilities.
Avalon Renovables says that it has begun the administrative process to obtain environmental permits for the company’s planned Arquillo green hydrogen plant at Jerez de la Frontera. The plant is one of eight green hydrogen plans planned as part of the Bays of Algeciras and Cádiz Project (PBAC), with pipeline tie-ins to the future green ammonia plant in Campo de Gibraltar. The plant will include a 47 MW solar voltaic power plant called Arquillo, feeding 35 MW of electrolysis capacity, with an estimated output of 4,900 t/a of hydrogen.
Repsol says that it is planning a 100MW green hydrogen plant to supply its Petronor refinery near Bilbao. From 2029, the plant will supply the refinery with 15,000 t/a of green hydrogen. Repsol says that the installation could prevent up to 167,000 tonnes of carbon dioxide emissions per year. The €292m ($346m) project has already secured €160m ($190m) in NextGenerationEU funds from the Spanish Recovery, Transformation, and Resilience Plan, after being recognised as a Project of Common European Interest by the European Commission.
The European Commission (EC) officially proposed to suspend, for one year, the most favoured nation (MFN) duties on imports of several key nitrogen-containing fertilizers and inputs for their production, including ammonia and urea, officials said 24 February. The tariff suspension will be implemented for all countries, except Russia and Belarus, through duty-free tariff rate quotas, the Commission noted. Imports beyond these quotas will be subject to standard MFN duties, it added.
The European Commission says it will temporarily suspend most favoured nation (MFN) duties on EU urea and ammonia imports for one year.
EU Executive Vice‑President Stéphane Séjourné published an op‑ed calling for tying European public funding to companies that commit a substantial share of production to the EU. The piece, syndicated in several major outlets including Handelsblatt on 2 February 2026, was presented as a call signed by 1,141 European business and union leaders. “Whenever European public […]
Romanian oil and gas group OMV Petrom has commissioned a new sulphur recovery unit at its Petrobrazi refinery, near the southern city of Ploiesti. Development work on the new SRU began in 2023, and represents the second at the site, treating acid gas produced during the refining process. The euro 45 million investment is part of euro 2 billion of improvements that have been made over the past 20 years as part of the company’s strategy to modernise its refining capabilities, aiming to reduce environmental impact. Last year, the company said it would invest around euro 750 million to build several sustainable fuel plants at the refinery, which are expected to become operational in 2028.
NEXTCHEM has signed a binding agreement to acquire Ballestra Group for around €126.5 million. The announcement was made by Maire – Nextchem’s parent company – on 24th December.
Prayon has officially opened a new sodium hexametaphosphate (SHMP) production unit at its Engis complex in Belgium. The €30 million investment is designed to strengthen the company’s position in the food and technical phosphates market.