
Fertilizer Industry News Roundup
Certain fertilizer prices are likely to remain above $1,000/t well into 2023, according to Moody’s.
Certain fertilizer prices are likely to remain above $1,000/t well into 2023, according to Moody’s.
On February 27th, in a speech to the Bundestag, Germany’s chancellor Olaf Scholz described the events then unfolding as a “zeitenwende” – a historical turning point. He was speaking of German foreign and security policy, but it seems likely that Russia’s February 24th invasion of Ukraine may end up marking a break with the past in many different ways. Last issue’s Editorial was written when Russia’s ‘special military operation’ was still only a few days old, and the situation was still very fluid. Two months on, and for all of the uncertainties remaining, some glimpses of the way that things are changing are becoming clearer.
Argus Media’s Alistair Wallace assesses how exposed fertilizer and fertilizer raw material markets are to the conflict in Ukraine.
Market Insight courtesy of Argus Media
EuroChem has made a binding offer for Borealis Group’s fertilizer, melamine and technical nitrogen business.
Efficient size preparation and ore transport are key prerequisites for successful potash and phosphate production. We highlight the range of equipment options.
German slurry handling specialist Vogelsang has just launched a new acidification technology which it claims will reduce ammonia emissions from agriculture, reducing up to 70% of ammonia to nutrient rich ammonium. Its new SyreN technology is an onboard sulphuric acid dosing system for tractors that treats slurry or digestate as it is applied to the land. It uses a front-linkage mounted unit to carry the acid, which also improves tractor weight distribution. The acid is dosed when the organic fertiliser is fed to the applicator, with a pH regulator automatically controlling and adjusting the flow. Nitrogen uptake of organic fertilizer is also increased by up to 1/3 as the ammonium is more easily metabolised by the soil. Results from a study in Germany showed that the acidifying slurry increased crop yield by up to 20%. The sulphur contained in the acid also becomes available to the plants as sulphate after spreading, eliminating the need for an additional pass over the field to administer a supplementary sulphur fertiliser, such as ammonium sulphate nitrate. At approximately 30 kg/ha, the amount of sulphur introduced into the crop with the SyreN system corresponds to the average amount of sulphur that is already applied to crops in the course of a growing season.
Market Insight courtesy of Argus Media
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 2022.
Ken Seitz has been named as Nutrien’s interim CEO following the resignation of the former CEO and president Mayo Schmidt on the 4th of January. Schmidt had only been in post for eight months, having taken over from Chuck Magro in April 2021. Mr Seitz was the company’s executive vice president and CEO of potash prior to the announcement. His appointment is a transitional arrangement.