A return to the fold
“ The need for technical knowledge and insights has never been more important.”
“ The need for technical knowledge and insights has never been more important.”
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).
Maire Group subsidiary MyRechemical has been awarded a feasibility study for the integration of its proprietary waste-tosyngas technology in a large-scale conversion plant that would transform solid municipal waste into 120,000 t/a of sustainable aviation fuel (SAF). MyRechemical would provide the gasification unit to transform solid waste streams into synthesis gas, which would then be converted into low carbon ethanol and then to SAF.
As Europe struggles to move away from its previous dependence on imported Russian natural gas, prices have been high and volatile, with a corresponding catastrophic impact upon domestic ammonia production.
For 50 years, Kimre engineers and application specialists have been solving process and gas stream emission problems in chemical and fertilizer plants around the globe. In an exclusive interview, Kimre’s new president Mary Gaston sets out her plans for the company, building on its invaluable understanding of gas and vapour stream separation and mass heat transfer.
The ownership of Fertilizer International magazine transferred from BCInsight Ltd to CRU, the global commodities experts, at the start of the year.
New regulatory developments in Europe are focusing attention on eliminating microplastic residues in soils by adopting biodegradable fertilizer coatings. Major technology licensors and engineering companies are also developing new coating technologies for controlled-release fertilizers (CRFs).
Fertilizer International presents a global round-up of phosphate rock, phosphoric acid and finished phosphates projects.
BHP has approved an investment of $4.9 billion (CAD 6.4 billion) in stage two of its Jansen potash project (Jansen Stage 2) in Saskatchewan, Canada.
Low demand, high gas prices and cheaper Russian imports of urea and ammonia are keeping a lid on European fertiliser production, prompting fears of permanent plant closures. ICIS’s Deepika Thapliyal, Sylvia Tranganida, and Aura Sabadus examine the challenges faced by the sector and the potential long-term impacts on the European fertilizer industry.