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Tag: Investment

A smarter way to treat lean sulphurous off-gases

The implementation of WSA technology to recover sulphur as sulphuric acid from lean sulphurous off-gases offers significant environmental benefits. These include waste reduction, resource efficiency and reduced overall CO2 e footprint, while also producing profitable sulphuric acid. By embracing such practices, industries can ensure improved or better consumption and production patterns and foster a more sustainable and responsible future. J. Feddersen and S. S. Johansson of Topsoe illustrate these benefits using three distinct industrial applications where WSA technology provides a smarter way to treat sulphurous off-gases. It is not only waste stream management in the three cases, but also reduced transportation of chemicals, reduced opex and reduced CO2 e footprint.

Revolution in speciality phosphates

The phosphate industry, the dominant consumer of sulphuric acid worldwide, has grown to its present size on the back of fertilizer consumption. And while this has seen considerable growth over the past decades, especially in countries like China, India and Brazil, it has generally been fairly steady and – subject to the annual vagaries of weather and the commodity cycle – relatively predictable. However, the world economy is now in the throes of a major transformation towards less carbon intensive generation and use of energy, and that is disrupting many markets, including that for phosphates.

Nitrogen Industry News

OCI Global says that it has reached an agreement for the sale of 100% of its interest in its large-scale nitrogen fertilizer subsidiary the Iowa Fertilizer Company LLC, located in Wever, Iowa, to Koch Ag & Energy Solutions for $3.6 billion. Completion of the transaction remains subject to US anti-trust approval and other customary closing conditions. The transaction is expected to close in 2024. Morgan Stanley & Co. International plc is serving as financial advisor to OCI on the transaction. IFCO produced 1.2 million t/a of urea ammonium nitrate (UAN) in 2021 and 700,000 t/a of anhydrous ammonia, as well as 700,000 t/a of diesel exhaust fluid (DEF).