Tag: Urea

The government of Kazakhstan says that the country will build its first ammonia-urea plant at Aktau, in the Mangistau region, with a total investment cost put at $1.6 billion.The Kazakh Industry and Construction Ministry and KazAzot PRIME have signed an investment agreement for the construction of the complex, with commissioning scheduled for 2030. Plant capacity is expected to be 660,000 t/a of ammonia, 580,000 t/a of urea and 500,000 t/a of ammonium nitrate. The government says that the plant will reduce import dependence, supply domestic farmers, and strengthen export potential. By 2030, Kazakhstan’s ammonia production capacity is projected to reach 2.3 million t/a, ensuring self-sufficiency and export growth.

Sabic is expected to make a final investment decision (FID) soon on construction of a seventh ammonia-urea plant, at Jubail Industrial City, according to local press reports. The new plant is expected to produce 1.2 million t/a of gas-based ammonia and 2.6 million t/a of urea. Feedstock allocation for the plant was approved by the Ministry of Energy in March. However, plans reportedly remain dependent on securing a long-term offtake agreement.

Romanian state-controlled gas supplier Romgaz signed an agreement 29 May to acquire all production assets of fertilizer producer Azomures for a total consideration of approximately euro 69 million ($80.15 million), according to a report filed with the Bucharest Stock Exchange. The transaction price comprises euro 46.46 million ($53.96 million) for the plant assets, plus up to $11 million for the book value of consumables and raw materials, and $15 million to cover operating costs during the period between signing and completion. The deal is financed entirely from Romgaz's own sources. The transaction completion remains subject to approval by Romgaz's Extraordinary General Meeting of Shareholders, an unconditional clearance from Romania's Competition Council, and approval from Bucharest's Foreign Direct Investment Screening Commission (CEISD).

Any leak in high-pressure urea equipment is critical, as corrosive ammonium carbamate can attack the carbon steel pressure-bearing parts – including the vessel wall and tubesheets – and may ultimately lead to catastrophic rupture. The image shows corrosion of a carbon steel tubesheet in a falling film high-pressure carbamate condenser caused by a leak at the tube-to-tubesheet weld.

Price trends and market outlook, 17th June 2026.

We speak to Justin Rackleff, CRU’s Americas Lead, Fertilizer Value Chain, about the US market state-of-play ahead of this year's Southwestern Fertilizer Conference.

We interview Alison Coughlin, CME Group’s Director of Commodity Research and Product Development, about the valuable market role of fertilizer futures.

Amufert has appointed a new Board of Directors as its gas‑based ammonia and urea complex in Soyo, Zaire Province moves from planning into the execution phase, with operations targeted to begin in 2027.

Environment Committee MEPs have backed changes to strengthen the EU’s Carbon Border Adjustment Mechanism (CBAM), voting to extend it to a long list of downstream steel and aluminium products, tighten anti circumvention rules and set up a Temporary Decarbonisation Fund (TDF) for industry.

Australian Fertilizer Corporation has signed exclusive 10-year offtake agreements covering 100% of the planned 220,000 t/a output from its proposed Gladstone Urea Facility, in a deal the company values at more than AUD 2.4 billion ($1.56 billion) over the initial term.