Tag: Ammonia

Market Insight courtesy of Argus Media

Maire SpA subsidiary Tecnimont, together with Orascom Construction SAE, have been awarded a lump sum turn-key engineering procurement and construction contract for new nitric acid and ammonium nitrate plants by the Egyptian Chemical Industries Company (‘Kima’). The contract value is approximately $300 million, of which about $220 million relates to Tecnimont activities. Finalisation of the contract is subject to successful execution of the financing package. The scope of work includes mainly engineering, supply of all materials and equipment – to be performed by Tecnimont – as well as construction activities, to be carried out by Orascom Construction.

Highly efficient ammonia synthesis and subsequent cracking to hydrogen are key processes in the transition to the green hydrogen economy. Catalysts play an important role in the ammonia cracking process. Clariant offers both nickel and precious metal catalysts for this application and research on robust catalysts that allow lower temperatures for increased energy efficiency is ongoing.

Supply in southeast Asia looks tight for the coming weeks, but further declines in Chinese domestic prices could alter the supply/demand balance in the region in August.

Gas Chemical Complex MTO Central Asia LLC has signed an agreement with Air Products to build a new methanol production facility. Known as Methanol Island, the facility would have a capacity of 1.34 million tons per year, as a part of the Methanol-to-olefin (MTO) gas chemical complex in Uzbekistan. The facility, to be built in the Karakul Free Economic Zone situated in Uzbekistan’s Bukhara region, will cover 15 hectares. It is planned to enter operation in 2025 for an expected operational life of 25 years.

A look at fatal incidents in the ammonia industry over the past two decades.

Market Insight courtesy of Argus Media. Urea: There was a general price upswing for both urea and ammonium nitrate in mid-June, while ammonium sulphate and urea ammonium nitrate (UAN) prices remained weak. Urea prices were pushed up in most regions as traders sought to secure cargoes across the globe – resulting in granular urea deals from the Baltic ($260-280/t f.o.b.), Egypt ($312-335/t f.o.b.), Middle East ($253-280/t f.o.b.) and China ($308-310/t f.o.b.).

Technological innovation is vital to solving the global food challenge and delivering the transition to a low-carbon economy. Pejman Djavdan, Stamicarbon’s CEO, sets out his vision for a future-proof fertilizer industry – one that will enable the sustainable intensification of agriculture while also protecting the environment.

A review of recent additions to fertilizer product portfolios and new process technologies, as innovation within the industry accelerates to decarbonise production and improve nutrient use efficiency (NUE).

Yara International is to build a major new speciality fertilizer and biostimulant production plant near York.