South Africa green hydrogen fund hits first close
A new South Africa-focused green hydrogen fund has raised its first ZAR 3 billion ($182 million), giving it the firepower to start backing large-scale projects, including green ammonia.
Tag: Investment
Glasson to double Scottish blending capacity
Glasson Fertilisers is relocating its Scottish blending operation from Cobden Street to a new plant on Barrack Road in Montrose, on Scotland's north-east coast.
Hynfra plans Mindoro green ammonia hub
Hynfra, a Polish developer of green hydrogen and ammonia projects, has signed a memorandum of understanding with a Philippine partner to build a green ammonia complex on the island of Mindoro.
Fermachem to build $1bn fertilizer plant in Durango
Mexico’s Fermachem is moving ahead with a large nitrogen fertilizer plant in Lerdo, Durango, backed by federal and state authorities and positioned as one of the largest industrial investments in the state.
Vateris starts customer SOP trials
Potassium sulphate (SOP) samples produced at the company’s UK pilot plant are being sent to a number of fertilizer manufacturers and distributors across Europe.
Koch to acquire half share in JFC 1
Koch Ag & Energy Solutions is buying a 50% share in Jorf Fertilizers Company I (JFC I) as part of a second joint venture with OCP Nutricrops.
FID expected soon on Sabic 7
Sabic is expected to make a final investment decision (FID) soon on construction of a seventh ammonia-urea plant, at Jubail Industrial City, according to local press reports. The new plant is expected to produce 1.2 million t/a of gas-based ammonia and 2.6 million t/a of urea. Feedstock allocation for the plant was approved by the Ministry of Energy in March. However, plans reportedly remain dependent on securing a long-term offtake agreement.
Cefic urges rethink of EU carbon market
The European Chemical Industry Council (Cefic), which represents large, medium and small chemical companies across Europe, has urged EU policymakers to slow changes to the Emissions Trading System (ETS).
AFC locks in Gladstone urea offtake as Australia still scrambles for imports
Australian Fertilizer Corporation has signed exclusive 10-year offtake agreements covering 100% of the planned 220,000 t/a output from its proposed Gladstone Urea Facility, in a deal the company values at more than AUD 2.4 billion ($1.56 billion) over the initial term.
A year of positives for Anglo American
Fertilizer International interviews Mike Garnett, the Chief Commercial Officer of Anglo American Crop Nutrients, ahead of IFA's Annual Conference in June.