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Market Outlook
The market is anticipated to correct lower throughout the rest of the first quarter. Once a clearer picture over seasonal fertilizer demand in Europe emerges, this could stabilise downward momentum.
The market is anticipated to correct lower throughout the rest of the first quarter. Once a clearer picture over seasonal fertilizer demand in Europe emerges, this could stabilise downward momentum.
Market Insight courtesy of Argus Media
Yara International has approved a project to partly convert its Pilbara plant near Karratha in Western Australia to green ammonia production.
After just 10 short years in business, there is a reason why Verdesian Life Sciences has lived up to its mantra ‘the Nutrient Use Efficiency People’. This is not just a slogan – it defines the company’s philosophy and culture. It also sums up Verdesian’s mission to help the world’s farmers do more with less through the company’s broad portfolio of sustainable nutrient efficiency products.
Market Insight courtesy of Argus Media
Topsoe has agreed to supply an initial 500 MW of industrial-scale, solid oxide electrolyser cells (SOEC) to First Ammonia, a US company aiming to produce green ammonia for transportation fuel, power storage and generation, as well as fertilizer, at sites in northern Germany and the southwestern United States. The companies envisage that over the lifetime of the agreement some 5 GW of SOEC electrolysers will be supplied, potentially replacing almost 5 bcm of natural gas and eliminating the emission of 13 million t/a of CO 2 emissions. The facility to manufacture the electrolyser cells will be built in Herning, Denmark, and has recently received a final investment decisions from Topsoe’s board.
The ammonia market appears to be oversupplied as of the end of October 2022, with a ready availability of spot cargoes. Coupled with increased availability from European producers due to an easing of gas prices, this seemed to indicate bearish market sentiment for the immediate future.
Casale has developed a range of methanol-ammonia coproduction processes to match different requirements according to product capacity.
The latest improvements to melamine process technology now make it even easier to integrate a melamine plant with an ammonia and urea fertilizer complex. Guido Canti of Eurotecnica and Marc Wieschalla of thyssenkrupp Uhde discuss the benefits of plant integration.
Industry focus on technologies to reduce the carbon intensity of ammonia and methanol production has been intensifying. In this article thyssenkrupp Uhde, Proton Ventures, Toyo Engineering Corporation, Stamicarbon, BD Energy Systems and KBR report on some of their latest technology developments towards decarbonisation.