Tag: Demand

As the Covid-19 pandemic continues, 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 2021.

No one in this industry should ever need a reminder that commodity markets are cyclical. The corollary of that is – every once in a while – markets can, and will, abruptly change direction.

Natural gas pricing remains the dominant component of ammonia production costs. The fall in global oil and gas prices due to the Covid outbreak and the continued growth in the LNG market is continuing to break the hold of oil indexation on gas pricing. Meanwhile, reform of gas markets continues, in places as diverse as Brazil, China and India.

Continuing rationalisation in China’s phosphate industry has been reducing demand for sulphur and sulphuric acid at the same time that the country is producing more of both.

Corrosion Resistant Alloys, LP, a manufacturer of high-grade corrosion resistant alloy tubes, has appointed Tom W. Slaughter in a business development and advisory role. Based in Houston, Slaughter will be responsible for building relationships with strategic partners, including customers and suppliers. Slaughter’s background is as an industry leader in high-pressure, high-temperature (HPHT) and deep gas applications with more than 40 years of global industry experience. Most recently, Slaughter served as president of Energy Alloys, Advanced Tubulars beginning in 2007. Prior to this role, he served as president of CRA from 2001 to 2007 where he had full responsibility for global sales and supply chain and worked directly with domestic and international end users of specialty CRA OCTG products.

Selecting the right catalysts for the SO2 converter in a sulphuric acid plant has always been about balancing expenses, gains, and compliance. With increasing demands for sustainability and in challenging economic times, operators need to adjust their plants to get even more from less. This has led to market demand for new catalytic solutions that offer better productivity and a lower climate footprint, all at the lowest cost possible. Catalyst design and formulations continue to evolve with Haldor Topsoe, DuPont Clean Technologies and BASF all adding new types of sulphuric acid catalysts to their portfolios.

The turning of a new calendar year is a predictable waypoint in our lives. That is why it has always traditionally been a time for reflection on the past and looking to the future. Therefore, given how 2020 had turned out, perhaps there was an inevitable hope that the turning of the New Year and the start of 2021 might see an improvement in things in general, and of course the trajectory of the pandemic in particular, especially now that several vaccines have been approved for use in record time, and a massive programme of vaccination has begun across the world.

Metal markets are used to ups and downs, and, as we discuss elsewhere in this issue, this year has seen more than most, mainly thanks to the virus that is still keeping us indoors – as I write this, the UK has just moved back into a second national ‘lockdown’. However, this year has seen the fortunes of one metal in particular simply rise and rise – nickel.

A look back at some of the major events of 2020 for the sulphur and sulphuric acid industries, as well as a look forward as to how 2021 might look.

Although 2019 had been a volatile year for acid markets, with shutdowns disrupting supply, the coronavirus outbreak wrought even more havoc in 2020, across both supply and demand.