Tag: Ma’aden

CRU Events will convene the 2022 Phosphates International Conference & Exhibition in Florida at the Tampa Marriott Water Street, 7-9 March.

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

Soaring natural gas prices in Europe, up to five times higher than normal, have led to numerous economic shutdowns of ammonia capacity across the continent. This has coincided with shutdowns in the US due to hurricane season, reducing availability considerably and driving up prices in the western hemisphere.

Like the vital nitrogen fertilizer they handle, seasonal cheer will be in short supply for Europe’s ammonia producers and buyers this festive season, after many difficult months in which upward price trajectories showed no sign of slowing.

Although the stranded gas boom that led to the construction of the region’s nitrogen capacity in the 1980s-2000s may be largely over, the Middle East remains the largest nitrogen exporting region in the world.

Market Insight courtesy of Argus Media

Market Insight courtesy of Argus Media

Market Insight courtesy of Argus Media

Ammonia and sulphur, as essential raw materials, underpin and drive fertilizer production costs. A steep and sustained rally has seen prices for both commodities reach new heights in recent months.

Maire Tecnimont SpA says that its subsidiaries MET Development, Stamicarbon and NextChem have collectively begun work on a renewable power-to-fertilizer plant in Kenya. MET Development has signed an agreement with Oserian Development Company for the development of the plant at the Oserian Two lakes Industrial Park, on the southern banks of Lake Naivasha, 100 km north of Nairobi.