
Fertilizer financial scorecard – earnings decline as market normalises
We compare and contrast the 2023 financial performance of selected major fertilizer producers following the publication of fourth quarter results.
We compare and contrast the 2023 financial performance of selected major fertilizer producers following the publication of fourth quarter results.
OCP Group and Fortescue subsidiary Fortescue Energy have announced a 50:50 joint venture (JV) to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets.
Fertilizers will always be fundamental to food production, but they will also have to be low emissions, environmentally friendly and support healthy soils. In this article, Dr Alexander Schmitt, Chief Marketing Officer, Anglo American Crop Nutrients, explains how polyhalite meets all three of these criteria – while also helping to increase the quantity and quality of food a farmer can produce.
The Aecometric 3rd generation burner was developed, installed and commissioned for an SRU incinerator with increased stringent demands to reduce NOx emission and lower energy consumption. Mason Lee of Aecometric Corporation reports on the new burner design and performance. The emission test results show a significant improvement in addressing these environmental concerns to achieve low NOx (<50 mg/m3 ) combustion and minimise CO (<200 mg/m3 ) emissions.
In today’s dynamic business landscape, digitalisation has become a powerful tool for companies seeking to enhance operations. By leveraging real-time plant data, organisations can create more meaningful interactions between operations teams, technical experts within the industry and the power of machine learning. David Dericotte and Linda Colby of Elessent Clean Technologies introduce the MECS® digital advisor, a web-based dashboard for plant performance assessment, troubleshooting and a supplemental mentoring tool for less experienced engineers and operators.
Sasol and Topsoe have appointed Jan Toschka as CEO of the joint venture established by the two companies to develop, build, own and operate sustainable aviation fuel (SAF) ventures and to market the products. Previously Toschka was president of Global Aviation for Shell, responsible for Shell’s global network of operations, joint ventures and sales of fuels, lubricants and sustainable solutions to the aviation industry. During his tenure at Shell, he has led teams across sales, mergers and acquisitions, trading, and retail businesses globally, spanning various industries including Marine and Retail. Toschka will assume his new role as CEO on 1 March 2024 and the joint venture will be launched during the same month. The new company will be headquartered in The Netherlands.
Already the world’s largest exporter of sulphur, Abu Dhabi continues to expand its sour gas production and sulphur output.
Biostimulants are emerging as mainstream products with major fertilizer producers – including Yara, Mosaic, Fertiberia and ICL – launching their own biostimulant lines and expanding production capabilities. Smaller innovative companies, meanwhile, such as Azotic and Fyteko, remain the mainstays of the sector and are continuing to being new products to market. Other players such as Den Nouden/GrowSolutions are targeting the expansion of organic fertilizers.
Agropolychim has announced that CEO Philippe Rombaut will become chairman of Agropolychim’s board of directors, with a focus on steering the company’s strategic development. His new appointment will make way for Teodor Petsov to assume the role of head of production operations. Petsov has 22 years of production experience and a management background. In his capacity as the new production director, he will be responsible for orchestrating, overseeing, and coordinating all aspects of the company’s production activities.
Catalyst development for nitric acid plants is strongly dependent on operating pressures and nitrogen loading levels. Dr Hadi Nozari of Johnson Matthey provides a review of some key catalyst design principles, emphasising the critical role of operating pressure in catalyst selection and highlighting the innovative contributions of Johnson Matthey in advancing catalyst technology for ultra-high-pressure ammonia oxidation in nitric acid plants.