Tag: Potash

Yara International is to build a major new speciality fertilizer and biostimulant production plant near York.

Tony Will, the president and CEO of CF Industries, is the new chair of the International Fertilizer Association (IFA). He was elected in June alongside a number of other executive board members and board directors.

BHP is committed to investing $5.7 billion to complete the first stage of the Jansen project and bring it into operation by the end of 2026. This under-construction Saskatchewan mine will then ramp up to produce more than four million tonnes of potash annually before the end of the decade.

In September last year, one of the largest mining equipment and technology deals in history closed when FLSmidth finally completed its purchase of thyssenkrupp Mining. We look at the implications for the fertilizer sector and phosphate and potash mining.

Evaporation and crystallisation are widely used throughout the fertilizer industry. These powerful production processes are helping fertilizer manufacturers diversify their product portfolios, improve profitability and meet sustainability goals.

Market Insight courtesy of Argus Media. Urea: Scarcity continued to drive urea prices higher in some markets at the end of April. The US market remains short on urea and prices spiked to reflect this. Nola barges for April were trading as high as $450/st f.o.b. ($490/t cfr), 55 percent up on this year’s low point. Southeast Asia remains short on urea too, amid planned and unplanned turnarounds, with one cargo trading at around $345/t f.o.b.

2022 was another very good year for Nutrien, the world’s largest crop nutrient company. The Canadian-headquartered fertilizer giant produces around 27 million tonnes of potash, nitrogen and phosphate products annually from operations and investments in 14 countries, distributing these to agricultural, industrial and feed customers across the globe. Its agriculture retail business, Nutrien Ag Solutions, also serves more than 500,000 farmers worldwide.

More than 1,000 delegates from 500 companies and 60 countries gathered at the Sheraton Grand Rio Hotel & Resort, Rio de Janeiro, Brazil, 29 January – 1 February, for the 2023 Fertilizer Latino Americano (FLA) conference. The event was hosted by CRU in collaboration with Argus. With attendance at record levels this year, we present selected highlights from this year’s four-day FLA event.

Market Insight courtesy of Argus Media. Urea: Prices fell in most global markets in early March as suppliers chased limited demand. Although India’s purchase tender has yet to formally conclude, IPL looks set to book 1.15 million tonnes of urea at $330-334.8/t cfr, with traders mainly sourcing from Russian and Middle Eastern producers.

Potash production improvements are being made in areas such as ore extraction, cooling and froth flotation. We review technological developments from Sandvik, Eriez, Nouryon and Solex Thermal Science.