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Nitrogen+Syngas 387 Jan-Feb 2024

A return to the fold


Editorial

A return to the fold

“The need for technical knowledge and insights has never been more important”

We are very pleased to be able to tell you that, as of this issue, Nitrogen+Syngas magazine has a new publisher. Or rather, an old publisher, as the magazine is now once again part of the CRU Group.

Nitrogen magazine, as it originally began life in 1959, was started by the British Sulphur Corporation, which was in turn acquired by CRU in the early 1990s. Over this time Nitrogen’s coverage gained first methanol and then syngas more generally as co-products, reflecting the way that the industry was increasingly looking at syngas-based compounds as a part of a portfolio for major gas- or coal-based developments, and particularly the interest that there was – and is – in opportunities for integrating these processes for greater efficiency and more diverse product streams.

In 2007, CRU’s Publishing division was spun off as a separate entity, BCInsight Ltd, as CRU sought to focus on its core activities of analysis, consultancy and conferences, but the new company retained the magazine staff who had been working on it for many years, and continued a close relationship with our former colleagues at CRU, liaising especially over CRU’s industry conferences.

The current move back to CRU is in part a result of the changing nature of how people seek and acquire knowledge and network in a digitally saturated age. Nitrogen+Syngas will now be housed within CRU’s new Communities business unit, headed by Nicola Coslett, CEO of CRU Communities, which will seek to strengthen engagement and facilitate knowledge-sharing and networking across the fertilizer and wider chemicals industries.

The move will also allow us access to CRU’s Fertilizer consultancy division, with its unrivalled team of dedicated and highly experienced analysts, enhancing our ability to deliver even more comprehensive and insightful information to our readers. With so many new entrants into the ammonia, phosphate and fertilizer industries, the need for technical knowledge and insights has never been more important.

In the longer term, it will also allow us to make improvements to our product offerings that were beyond the resources of a small publishing company, and we hope to have more news on that in due course. But rest assured that the team writing and publishing the title remains the same as always. Myself and Lisa Connock, our Technical – and now Managing – Editor, and Marlene Vaz, our Sales Manager, will look forward to seeing you under our new guise at CRU’s Nitrogen+Syngas conference in Gothenburg on March 4th-6th, alongside our new CRU colleagues.

Latest in Outlook & Reviews

CRU Phosphates+Potash conference focuses on sulphur

CRU’s Phosphates+Potash Expoconference was held in Paris in mid-April, with the Iran crisis uppermost in everyone’s mind. Margins are under pressure, sulphur has become a strategic constraint, and the phosphates investment pipeline is thin. CRU Principal Consultant Humphrey Knight examined the fallout from the closure of the Strait of Hormuz, noting that fertilizers have been hit harder than most bulk commodities. A large share of exportable sulphur and traded urea normally originates in, or passes through, Gulf producers. The effective closure of the strait has squeezed the traded part of these markets, where international prices are set, and pushed benchmarks up sharply. The global phosphate market is structurally tight, and the combination of Chinese export policy and Middle East logistics has pushed the traded segment into a much more fragile state.

Supply crisis worsens

It is two months on from our previous issue, and almost none of the news has been good from sulphur and downstream markets. Only three sulphur cargoes are confirmed to have transited the Strait of Hormuz since the US and Israeli strikes on Iran began, all loaded at Ruwais, with destinations in India, Tanzania and Morocco, carrying a total of 160,000 tonnes. It is believed that a couple of Iranian vessels with a total of 75,000 tonnes may also have left covertly. But in spite of some Middle Eastern sulphur making its way to Saudi Red Sea ports or Duqm on Oman’s Indian Ocean coast, around 700,000 tonnes is still trapped on ships stranded in the Gulf, and coupled with production cuts in the region, it is estimated that over 1.2 million tonnes has so far been removed from the market.