Tag: Nutrien

We compare and contrast the 2024 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

Maire Group says that its nitrogen fertilizer technology licensor Stamicarbon has been awarded new contracts related to its NX STAMI UreaTM technology in Canada. The first award is a process design package and the licensing of an integrated urea and diesel exhaust fluid (DEF) production plant currently being developed by Genesis Fertilizers, a farmer-owned consortium, at Belle Plaine, Saskatchewan. The plant will have a urea melt capacity of 2,500 t/d, with operations expected to begin by 2029. Also thanks to a carbon capture and sequestration unit, it will be the first proposed low-carbon nitrogen fertilizer plant in Canada. Stamicarbon will apply its proprietary flash urea melt technology to enhance operational efficiency and reliability while minimising process steam consumption. The plant will also include a DEF facility with a production capacity of 1,500 t/d.

We profile North America's phosphate and potash industries – focusing in on Florida and Saskatchewan, those two centres of P&K excellence.

OCP Group has launched what it calls the Mzinda-Meskala Strategic Programme, aimed at significantly expanding fertilizer production in the country. Initially announced in December 2022, the program is set to enhance production capacity in two key regions: the Mzinda-Safi Corridor and the Meskala-Essaouira Corridor. This initiative is part of OCP’s broader strategy to meet growing global demand for fertilizers while committing to long-term sustainability goals, including achieving carbon neutrality by 2040.

Venkat Pattabathula, a member of the AIChE Ammonia Safety Committee, reports on the American Institute of Chemical Engineers’ (AIChE) Safety in Ammonia Plants and Related Facilities Symposium held in San Diego on 8-12 September 2024.

CRU’s 2025 Phosphates Conference – now in its 16th year – will be held in Orlando, Florida, 31 March - 2 April next year. The 2024 event convened in Warsaw was one of the most successful to date (Fertilizer International 519, p4).

QatarEnergy has announced the construction of a new world-scale ammonia-urea production complex at Mesaieed Industrial City in Qatar.

Mark Thompson became Nutrien’s executive vice president (EVP) and chief financial officer (CFO) on 26th August. Mr Thompson succeeds Pedro Farah , who will remain with the company in an advisory capacity until 31st December as part of a succession plan.

Market snapshot, 15th August 2024 Urea: A stand-off between buyers and sellers has left prices fairly flat in recent weeks with little liquidity. India's latest import tender was, however, finally confirmed for 29th August closing. The tender’s long shipment window allows NFL to secure tonnages through to end-October and took the market by surprise. This is a bearish signal that should increase dramatically the volume offered to NFL. The tender could exclude volumes from China with supply instead focused on the Middle East and Russia.

The US fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside an increasingly sophisticated domestic agricultural sector. The Biden administration has earmarked $900 million for investment in fertilizer assets to boost domestic production capacity and reduce input costs to farmers.