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Tag: Urea

Pathways to sustainable agriculture

The production and use of nitrogen fertilizers are responsible for around five percent of global greenhouse gas (GHG) emissions. The fertilizer industry will need to drastically cut these emissions by 2050 as part of its contribution to the 1.5 °C global warming target. Yet around 48 percent of the global population rely on crops grown with nitrogen fertilizers. Guaranteeing food security, by continuing to supply affordable crop nutrients at scale, while transitioning to a low-carbon future, is therefore the collective challenge for the global fertilizer industry and world agriculture.

One-stop shop for green fertilizer technologies

The need for immediate climate action and cuts in carbon emissions has never been more urgent, especially in a world where ecosystems are increasingly under threat. The production of green fertilizers offers a clear route to achieving these goals by decreasing the chemical industry’s reliance on fossil fuels. Stamicarbon’s Carmen Perez, Rolf Postma and Nikolay Ketov outline the company’s innovative and integrated approach to green fertilizer technology.

Price Trends

The ammonia market reverted to recent norms at the end of April, with prices more or less unchanged in the east, and several benchmarks west of Suez moving downward in line with May’s Tampa settlement. Following a trio of high-priced c.fr spot deals many wondered whether such business would be replicated in Asia, but the hype did not live up to the expectation, with the majority of tonnes continuing to move on a contract basis into the likes of South Korea and Taiwan, China. The $430/t c.fr concluded into China has been attributed to both supply uncertainty and an uptick in domestic demand, though several inland prices declined this week, rendering price direction difficult.