Tag: Demand

Continuing growth in energy uses indicate robust demand for methanol over the coming years, but the current slate of new projects does not look sufficient to meet it. Is methanol approaching a supply crunch?

On March 20th this year, just as this issue was going to print, the UN Intergovernmental Panel on Climate Change (IPCC) issued its Synthesis Report, one of its 5-7 yearly comprehensive assessments of how the world’s climate is changing and what needs to be done to ameliorate it. In spite of all of the progress that has been made since the 5th Synthesis Report in 2017, the IPCC notes that: “the pace and scale of what has been done so far, and current plans, are insufficient to tackle climate change.” While the body believes that keeping warming to 1.5°C above pre-industrial levels is still possible, it is not likely unless work to decarbonise proceeds more rapidly. In particular, the IPCC suggests that CO2 and equivalent emissions need to fall by 43% by 2030 compared with 2019 values, and 60% by 2035 to achieve this goal.

Brazil’s agricultural industry continues to expand at the same time that most of its nitrogen fertilizer industry has shut down. Meanwhile, Venezuela continues to deal with the consequences of years of underinvestment and mismanagement, and elsewhere, gas discoveries in other parts of the continent have not led to the new plant construction boom that had once been hoped for.

We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2023.

More than 650 delegates from 326 companies and 56 countries gathered at the Hotel RIU Plaza España, Madrid, Spain, 17-19 October 2022, for the Argus Fertilizer Europe 2022 conference.

After two turbulent years, could the fertilizer market finally start to stabilise in 2023? Well, that’s what Dutch agricultural finance house Rabobank is predicting…

The global potash market has endured a tumultuous 18 months, says Andy Hemphill, senior editor for potash and sulphuric acid at ICIS Fertilizers. Export sanctions, high offer prices and buyer unrest persist as we enter 2023.

Last year attention was drawn to the potential for large scale decarbonisation to leave the world short of the key resources of sulphur, and hence sulphuric acid. But is there a global sulphur shortage on the distant horizon?

With Europe facing a long-term shortage of natural gas, and Russia looking east for new customers, how will changing global gas markets affect production of key syngas-based chemicals?

Due to the inherent nature of the renewable power, sizing eSyngas plants powered with renewable energy brings complexity normally not faced by natural gas-based facilities. In this article, Dr Raimon Marin and Dr Solomos Georgiou of AFRY discuss the application of AFRY’s state-of-the-art modelling tool to optimise the size and production of a green hydrogen system and a green ammonia plant based on given renewable power profiles and their associated variability (e.g., hourly, daily, seasonally, and annually).