Indian Farmers Fertiliser Cooperative Limited (IFFCO) has inaugurated its new, third sulphuric acid plant at its facility in Paradeep, Odisha. This expansion significantly boosts the site's total production capability from 750,000 t/a to 2.2 million t/a. The plant, dedicated by Union Minister Amit Shah, highlights a major increase in domestic capacity for India's fertilizer industry.
Devon Energy has signed a definitive merger agreement with Coterra Energy. The companies say that the combination will create a leading shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin. The combined company will be named Devon Energy and will be headquartered in Houston while maintaining a significant presence in Oklahoma City. The companies say that they have identified $1 billion in annual pre-tax synergies which, together with technology-driven capital efficiency gains and optimised capital allocation will drive near and long-term per share growth.
Coromandel International says that it has started trial production at its new sulphuric acid and phosphoric acid plants in Kakinada, Andhra Pradesh. The company says that this marks a crucial step towards transforming the unit into a fully integrated facility, significantly enhancing production capacity and diminishing reliance on imported raw materials for fertiliser manufacturing. The company is now focusing on a phased ramp-up. The new plants have of 2,000 t/d of sulphuric acid and 650 t/d of phosphoric acid, respectively. The integration of these acid plants is strategic, aligning with Coromandel's objective to strengthen backward integration in its fertiliser manufacturing value chain. By producing key intermediates in-house, the company aims to secure stable supplies, enhance cost efficiencies, and achieve greater self-sufficiency, thereby reducing dependence on imported raw materials. The project aims to replace over 50% of the Kakinada plant's imported acid requirements and mirror the integration levels seen at its Vizag and Ennore facilities.
Four Chinese-operated nickel plants at the Indonesian Morowali Industrial Park have temporarily ceased operations following a fatal landslide in February, in a development that will significantly reduce regional demand for sulphur and sulphuric acid. The shutdowns affect facilities run by China’s GEM Co. and its partners, which together account for 30% of Indonesia’s high-pressure acid leaching (HPAL) capacity. The move comes amid heightened regulatory scrutiny. The largest of the four plants, PT QMB New Energy Materials, could remain offline for up to three months.
Prayon has opened a new sodium hexametaphosphate (SHMP) production unit at its Engis complex in Belgium. The €30 million investment is designed to strengthen the company’s position in the food and technical phosphates market. The new 10,000 tonnes per annum (t/a) capacity Engis unit complements Prayon’s existing SHMP unit at its Les Roches-de-Condrieu site in France and will double the company’s SHMP’s output capabilities.
CRU’s Alexander Chreky, provides a potash market overview ahead of CRU's Phosphates+Potash Expoconference in Paris in April.
CRU's Arina Syrdybayeva looks at the dynamics of the high growth ammonium sulphate market.
Coromandel International says that it has started trial production at its new sulphuric acid and phosphoric acid plants in Kakinada, Andhra Pradesh. The company says that this marks a crucial step towards transforming the unit into a fully integrated facility
Changing markets for feedstock, shifts in demand, carbon pricing and geopolitics all help dictate the location of new urea capacity.
The current block to shipping through the Strait of Hormuz places global fertilizer supply chains at risk, warns the International Fertilizer Association (IFA).