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Fertilizer financial scorecard
We compare and contrast the 2020 financial performance of selected major fertilizer producers, following the publication of fourth-quarter results.
We compare and contrast the 2020 financial performance of selected major fertilizer producers, following the publication of fourth-quarter results.
CF Industries has signed an agreement with thyssenkrupp to develop a commercial-scale green ammonia project at its Donaldsonville production complex in Louisiana.
The Chemical & Process Technologies business unit of thyssenkrupp Industrial Solutions is celebrating a milestone in 2021. It is one hundred years since engineer and entrepreneur Friedrich Uhde founded his own plant engineering company in a barn at his parents-in-law’s farm in Dortmund-Bövinghausen on April 6th, 1921. Now, in this centenary year, the origins of the firm are to become visible in its name again: thyssenkrupp is changing the business unit’s name to thyssenkrupp Uhde.
More than 250 delegates from 36 countries participated in the 2021 Fertilizer Latino Americano Virtual Conference, 25-28 January 2021. To highlight this successful event, we report on selected keynote and regional presentations.
The Belarusian Potash Company (BPC) has agreed new annual potash supply contracts with India and China.
The Mosaic Company received the 2020 Robert W Campbell Award from the US National Safety Council in February. This prestigious award celebrates the company’s excellence in environment, health and safety (EHS) and its achievements over a decade of continuous improvement. During this period Mosaic’s commitment to EHS has delivered an 80 percent improvement in its recordable injury rate and led to the creation of its Risk Reduction Program.
ICIS, the independent commodity intelligence company, provides an overview of the nitrogen market. The world supply of urea looks set to outpace market demand in 2021, as several new projects come on-stream. Global ammonia demand, in contrast, is expected to rebound strongly this year after a difficult 2020. The flurry of recent green ammonia projects announcements is another significant market development.
Georgy Eliseev , Principal Analyst at Fertecon for IHS Markit, looks at the medium to long term outlook for both ‘green’ and ‘blue’ ammonia production.
Johnson Matthey (JM) has secured a multiple licence for China’s Ningxia Baofeng Energy Group’s latest project to develop five of the largest single train methanol plants in the world. Located at Baofeng’s Ordos City complex in Inner Mongolia, the five plants each have a planned capacity 7,200 t/d. Under the agreement Johnson Matthey will be the licensor of all five plants and supplier of associated engineering, technical review, commissioning assistance, and catalyst. The plants will take synthesis gas as a feed and use JM radial steam raising converters in a patented series loop. Within the design, there is potential for 1-2% more feedstock efficiency over the life of the catalyst. Thanks to JM’s methanol loop synthesis technology, the plants will provide enhanced energy savings along with low OPEX, CAPEX and emissions. When complete, the plants will represent JM’s 13th operating license in China for a mega-scale plant (>5,500 t/d) and the fourth JM methanol design licensed by Ningxia Baofeng Energy.
Illinois-headquartered CF Industries has made a long-term commitment to low-carbon ammonia production and net-zero emissions.