Skip to main content

Tag: Nitric Acid

Nitrogen Industry News

Proman has signed a memorandum of understanding (MoU) with Mitsubishi Corp to collaborate on the development of a blue ammonia plant at Lake Charles, Louisiana. This new facility will aim to produce around 1.2 million t/a of low carbon ammonia, making it one of the largest of its kind in the world. The plant will incorporate carbon capture and sequestration technology. Proman says that this development aligns with the company’s commitment to sustainability and reducing greenhouse gas emissions. The proposed ammonia plant will be located at Proman’s existing site in Lake Charles, adjacent to its gas-to-methanol plant, which is also currently being developed.

Nitrogen Industry News

Maire SpA subsidiary Tecnimont, together with Orascom Construction SAE, have been awarded a lump sum turn-key engineering procurement and construction contract for new nitric acid and ammonium nitrate plants by the Egyptian Chemical Industries Company (‘Kima’). The contract value is approximately $300 million, of which about $220 million relates to Tecnimont activities. Finalisation of the contract is subject to successful execution of the financing package. The scope of work includes mainly engineering, supply of all materials and equipment – to be performed by Tecnimont – as well as construction activities, to be carried out by Orascom Construction.

Nitrogen Industry News

Mining, metals and fertilizer business intelligence company CRU has launched a new low-emissions ammonia (LEA) price assessment in its Fertilizer Week price reporting service. The price takes a value-based approach, whereby a premium on the Northwest European ammonia price is calculated on an emissions-mitigated basis, and leverages CRU’s proprietary nitrogen asset emissions data combined with weekly European carbon prices to calculate the value of emissions mitigated. CRU says that it has leveraged its Emissions Analysis Tool to develop the premiums on an emissions-mitigated basis as opposed to a cost basis, allowing end-users to assess how the switch to LEA can deliver value to their business while contributing to their decarbonisation strategies. The Emissions Analysis Tool is a comprehensive asset-byasset emissions dataset for the nitrogen industry.