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Tag: RATE

Nitrogen Industry News Roundup

The International Fertilizer Association (IFA) has signed a memorandum of understanding with the United Nations Food and Agriculture Organisation (FAO) over collaboration to support the FAO’s vision of transformative change and innovation in agriculture. Svein Tore Holsether, IFA Chair, signed the agreement at a live virtual signing in December together with FAO deputy director general Beth Bechdol. The agreement outlines collaboration to further shared goals and objectives with regard to the promotion of sustainable food and agriculture. Both parties will work together to raise awareness about the International Code of Conduct for the Sustainable Use and Management of Fertilizers (Fertilizer Code), promote education and knowledge transfer and continue their successful collaboration on fertilizer statistics.

Sulphuric Acid News Roundup

DuPont has agreed to sell its Clean Technologies business for $510 million to an international private equity consortium, comprising BroadPeak Global, Asia Green Fund and The Saudi Arabian Industrial Investments Company (Dussur). The new, independent company has been named Elessent Clean Technologies and will be a global leader in process technologies to drive sustainability and carbon neutrality in the metal, fertilizer, chemical and oil refining industries. Elessent retains exclusive rights to the technologies, expertise, products, and services including: MECS® sulphuric acid and environmental technologies, BELCO® scrubbing technologies, STRATCO® alkylation technology and IsoTherming® hydroprocessing technology. Derived from the words “element” and “essential,” Elessent says that it will help customers produce, optimise or separate essential elements every day, creating clean alternatives to traditional industrial processes to minimise the impact on the environment while enabling our customers to produce essential elements critical to everyday life.