Rabobank expects 2027 rebound in Brazilian fertilizer demand
The bank is forecasting an encouraging 5% year-on-year increase in fertilizer deliveries next year. But a shortfall in nitrogen fertilizers ahead of the safrinha season remains a concern.
Tag: Urea
Turkmenistan begins nitrogen plant construction
An official ceremony marking the start of construction was held on 5th November. It was attended by the country’s president, the CEO of thyssenkrupp Uhde and the chairman of Çalık Holding.
Técnicas Reunidas wins Dangote reformer project
Spanish engineering company Técnicas Reunidas will supply two hydrogen reformers for Nigerian conglomerate Dangote Group's new ammonia and urea complex in Ethiopia.
US backs eight fertilizer projects
The US Department of Agriculture (USDA) has selected eight fertilizer manufacturing projects for approximately $573 million in proposed federal funding, supporting more than $1.34 billion in total planned investment.
MIAX adds physical fertilizer futures
MIAX Futures, formerly the Minneapolis Grain Exchange, has launched four physically settled fertilizer futures contracts, adding a physical-delivery alternative to the cash-settled products already offered by CME Group.
Fertiglobe, Egypt in talks about new fertilizer complex
Fertiglobe’s CEO, Ahmed Al-Hoshi and Egypt’s minister of petroleum and mineral resources, Karim Badawi met in October to discuss a $1.5 billion investment to establish an integrated phosphate fertilizer production complex in the Ain Sokhna region.
UCF launches $1.6bn fertilizer expansion in Zambia
United Capital Fertilizer (UCF), a subsidiary of China’s Wonderful Group, has launched a US$1.6 billion expansion of its ammonia and urea fertilizer manufacturing facilities in Chilanga, Zambia.
Yefremovazot looking at new nitrogen plant in Tula
Russia’s Yefremovazot plans to build a chemical production complex in Yefremov in the country’s Tula region, domestic news agency Interfax reported on 5th October. The proposed facility will produce ammonia, urea, monoethylene glycol (MEG) and methanol. The plans were outlined in public consultation documents for a pipeline connecting the site to gas major Gazprom’s domestic […]
KAFCO installs Stamicarbon condenser
A replacement Stamicarbon pool condenser has been installed at KAFCO’s urea plant in Chattogram, Bangladesh, with DENZAI Bangladesh completing the transport and lifting works.
Anyang Indorama Gases secures expansion loan
Singapore’s Anyang Indorama Gases, a subsidiary of Indorama Corporation has signed an RMB 2.4 billion ($358 million) long-term loan with a consortium of five Chinese banks to finance the expansion of its fertilizer plant in Anyang City, China.