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The year ahead – fertilizer consumption to set a new record?
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 2025.
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 2025.
While underlying supply and demand criteria continue to set floors and ceilings for nitrogen and other syngas derived products, political events as ever have the potential to derail all calculations. While much attention has focused on the US election, the escalating crisis in the Middle East continues to have the potential to threaten fertilizer trade in multiple ways. As this issue was going to press, Israel had just launched its retaliatory missile strike on Tehran, on October 26th, the latest in a series of tit for tat attacks between Israel and Iran, in particular an Iranian missile strike on Israel on October 1st. The Iranian government appeared to be downplaying the results as “limited”, but said that it considered itself “entitled and obligated to defend itself”.
CRU’s 38th Nitrogen+Syngas Expoconference will be held on 10-12 February 2025 in Barcelona. The most respected technical event for the global nitrogen and syngas community offers an ideal platform for industry professionals to connect, do business and learn about the latest innovations in operations, technology, process and equipment. The annual meeting attracts a global audience of producers, licensors and materials and equipment providers representing an unparalleled opportunity for business networking and peer-to-peer knowledge sharing.
In spite of increasing environmental concerns over the use of coal as a feedstock, it continues to provide around one quarter of the world’s ammonia. But in a world that is decarbonising, is there still a future for coal-based capacity?
Revamping aging urea plants with the latest urea technology brings many benefits. Not only can greenhouse gas emissions be reduced, but the overall performance and sustainability of these facilities can also be optimised. Hiroo Kunii of Toyo Engineering Corporation discusses TOYO’s approach to urea plant revamping.
Stamicarbon, in collaboration with KT Tech, has developed a cryogenic energy storage system, named GALCESTM , for green ammonia plants that addresses the intermittency challenges of renewable energy supply. The technology not only supports the sustainability goals of the ammonia production industry but also contributes to broader energy market stability and efficiency.
Mark Thompson became Nutrien’s executive vice president (EVP) and chief financial officer (CFO) on 26th August. Mr Thompson succeeds Pedro Farah , who will remain with the company in an advisory capacity until 31st December as part of a succession plan.
We profile Ulexandes, a fast-expanding supplier of agricultural boron products with production plants in both Bolivia and Peru.
TOYO has recently introduced new proprietary urea technologies to its technology portfolio including a novel dust scrubbing system with integrated wet electrostatic precipitator (WESP) for ultimate clean-up of granulation or prilling exhaust air, to achieve urea dust emissions of less than 5 mg/Nm3 . Takuhiro Minato of Toyo Engineering Corporation explains how the new system works.
Based on 16 years of experience, Muhammad Nabeel Shakir of Fatima Fertilizer Company outlines a methodology to achieve optimum performance of the PGM catalyst and catchment system in nitric acid plants.