Market Outlook
• Market sentiment has shifted decisively from bearish to bullish as the conflict in the Middle East has triggers a significant price rally.
• Market sentiment has shifted decisively from bearish to bullish as the conflict in the Middle East has triggers a significant price rally.
Conflict in the Middle East has halted all vessel traffic through the Strait of Hormuz, effectively paralysing a region that accounts for 48% of global seaborne sulphur trade. As a result, the sulphur spot market has ground to a halt, with prices notionally holding unchanged in the $490-515/t f.o.b. range simply due to a lack of activity. No spot offers were reported out of the Middle East.
Worley Comprimo has carried out an evaluation of technologies allowing 99.8+% sulphur recovery for an Indian refinery case. The TopClaus process was compared to alternative technologies, focussing on modern technical challenges, investment operation and maintenance costs, as well as CO2 considerations.
Coromandel International says that it has started trial production at its new sulphuric acid and phosphoric acid plants in Kakinada, Andhra Pradesh. The company says that this marks a crucial step towards transforming the unit into a fully integrated facility
US-based phosphate producer Itafos reported higher production in 2025, as well as higher sales prices, in ...
The Indo-Jordan Chemicals Company (IJCC), a wholly owned subsidiary of the Jordan Phosphate Mines Company (JPMC), has signed a $193 million strategic agreement with China’s East China Engineering Science and Technology Company to construct a sulphuric acid plant in the Shidiya area. The new facility will have a capacity of 900,000 t/a of concentrated sulphuric […]
The Saudi Arabian Mining Company (Ma’aden) says that the Ministry of Energy has approved the allocation of feedstock for its fourth phosphate project. This project aims to produce approximately 1.1 million t/a of ammonia and increase the production of phosphate and specialty fertilizers by about 2.5 million t/a, raising the company’s total production capacity to nearly 12 million t/a. This will further solidify Ma’aden’s position as one of the world’s largest producers of phosphate fertilizers, according to a company statement. Ma’aden will now commence engineering studies and obtain the necessary approvals.
Metso says it has won a €180 million order for the delivery of engineering and key process equipment for a new primary copper smelter investment at an undisclosed location in Asia. The planned production capacity of the copper smelter complex is 300,000 t/a of copper cathodes and 1.1 million t/a of sulphuric acid, based on licensed Outotec® Flash Smelting, PS Converting and Lurec® technologies. It includes the design and supply of key process equipment for the main areas of the smelter complex, and the gas cleaning and sulphuric acid plant, copper electrolytic refinery, and precious metals refinery. The delivery also comprises site services and spares.
Ecovyst Inc, a provider of sulphuric acid, sulphuric acid regeneration services and catalyst activation services, has announced today that it has completed the sale of its Advanced Materials & Catalysts segment to Technip Energies. The company expects net proceeds after taxes and transaction expenses to be approximately $530 million.
Australia’s Nickel Industries is to sell a 10% share of the Excelsior Nickel Cobalt high-pressure acid leach (HPAL) project in Indonesia to South Korea’s Sphere Corp. The $240 million price tag represents a $2.4 billion valuation for the company. Sphere will acquire the stake from Hong Kong-based Decent Resource, while Nickel Industries will retain its 44% stake in the project, according to Nickel Industries.