Tag: Thyssenkrupp

In a major milestone, Yara International has officially opened its renewable hydrogen plant at Herøya Industrial Park, Porsgrunn, Norway.

Nadja Håkansson became thyssenkrupp Uhde’s new CEO on 1st May.

OCP Group and Fortescue subsidiary Fortescue Energy have announced a 50:50 joint venture (JV) to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets.

thyssenkrupp AG has announced the appointment of Nadja Håkansson as the company’s new Chief Executive Officer effective from May 1, 2024. Håkansson, has held various management positions at Siemens and Siemens Energy and has over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management. Most recently, as Senior Vice President Region Africa for Siemens Energy, she was responsible for the company’s overall portfolio development in the African market. She holds a Master of Science in Industrial Engineering and Management from the Institute of Technology at Linköping University, Sweden.

The board of Petrobras has approved the resumption of operations at the company’s Araucária Nitrogenados SA (ANSA) site at Araucaria, Parana state. The plant, which has the capacity to produce 475,000 t/a of ammonia and 720,000 t/a of urea, has been idled 2020.

Paradeep Phosphates Limited (PPL) and Mangalore Chemicals & Fertilizers Limited (MCFL) have agreed to merge.

Specialty fertilizer products represent a small volume, high value segment of the overall fertilizer market that’s been growing at around four percent per annum in recent years. Economic, environmental, regulatory and agronomic imperatives are driving up their adoption – and an overall shift from volume to value in the fertilizer market.

Indian fertilizer producers Mangalore Chemicals & Fertilizers (MCFL) and Paradeep Phosphates (PPL) have announced that the companies intend to merge, allowing them to consolidate their operations, according to a company statement. The new merged company, to be called PPL, will have a total production capacity of 3.6 million t/a of fertilizers.

Freeport Indonesia has inaugurated the $250 million expansion at its PT Smelting copper smelter in Gresik, East Java, in a ceremony attended by Indonesian president Joko Widodo. Smelting, a joint venture between Freeport McMoRan and Mitsubishi Materials, has increased copper concentrate processing capacity to 1.3 million t/a, up from the previous figure of 1.0 million t/a, with copper cathode production of 300,000 t/a.

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).