Tag: RATE

Market Insight courtesy of Argus Media

On March 20th this year, just as this issue was going to print, the UN Intergovernmental Panel on Climate Change (IPCC) issued its Synthesis Report, one of its 5-7 yearly comprehensive assessments of how the world’s climate is changing and what needs to be done to ameliorate it. In spite of all of the progress that has been made since the 5th Synthesis Report in 2017, the IPCC notes that: “the pace and scale of what has been done so far, and current plans, are insufficient to tackle climate change.” While the body believes that keeping warming to 1.5°C above pre-industrial levels is still possible, it is not likely unless work to decarbonise proceeds more rapidly. In particular, the IPCC suggests that CO2 and equivalent emissions need to fall by 43% by 2030 compared with 2019 values, and 60% by 2035 to achieve this goal.

Brazil’s agricultural industry continues to expand at the same time that most of its nitrogen fertilizer industry has shut down. Meanwhile, Venezuela continues to deal with the consequences of years of underinvestment and mismanagement, and elsewhere, gas discoveries in other parts of the continent have not led to the new plant construction boom that had once been hoped for.

The steam methane reformer is at the heart of most world-scale synthesis gas plants for ammonia, methanol or hydrogen production, and its optimum performance will maximise plant production and efficiency. This article studies the wide variety of parameters that need to be considered if a steam methane reformer is optimised.

We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2023.

More than 650 delegates from 326 companies and 56 countries gathered at the Hotel RIU Plaza España, Madrid, Spain, 17-19 October 2022, for the Argus Fertilizer Europe 2022 conference.

Advances in technology, equipment and reagents are enhancing phosphate fertilizer production. Optimisation of standard equipment is also vital for ensuring process efficiency.

Turkey’s thriving agricultural sector has created a large and dynamic fertilizer market at the crossroads of Europe and Asia, explains Hakan Goral, the CEO of Tekfen Agri Industry Group.

CRU Events will convene the 2023 Phosphates International Conference & Exhibition in Istanbul at the Hilton Bomonti Hotel, 27 February to 1 March.

Yara International is to supply fossil-free fertilizers to El Parque Papas, Argentina’s largest potato grower, in 2023.