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Tag: Yara

BASF and Yara end low carbon ammonia project

BASF and Yara International ASA say that they have jointly decided to discontinue their project to develop a 1.4 million t/a low-carbon ammonia production facility with carbon capture and storage in the US Gulf Coast region. The companies say that this decision reflects their “commitment to focus on initiatives with the highest potential to achieve their respective value creation goals.” Yara will continue its ammonia strategy as previously communicated, evaluating and maturing equity investment opportunities in US ammonia to determine the optimal project portfolio.

Yara seeking permit for rail transport of ammonia

Yara has applied for a new environmental permit in order to be able to import 275,000 t/a of ammonia by rail to its site at Tertre in the Saint-Ghislain municipality. The permit will cover ammonia to continue to operate downstream nitric acid and ammonium nitrate production at Tertre following the closure of the site’s 400,000 t/a ammonia plant. A public inquiry into the permit is expected to be completed in early September 2025. Yara says that train traffic to the site will increase to around 5 trains per week if the permit is granted.

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BASF Corporation has appointed Heather Remley as its new president and chief executive officer, effective April 1, 2025. She takes the helm of the North American arm of BASF SE, one of the world’s largest chemical companies. Remley has a background in global leadership and operations. Most recently, she was president of BASF’s global engineering services division in Ludwigshafen, Germany. Before that, she led the company’s North American petrochemicals business as senior vice president in Houston. Since joining BASF in 2016, she has held key positions across the US, China, and Germany.

Time charter agreement for ammonia powered gas carrier

Yara Clean Ammonia has signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fuelled medium gas carrier, to be delivered in November 2026. Medium gas carriers are the most popular type of vessel for international shipping of ammonia, and Yara and NYK have been studying the possibilities of running them off ammonia fuel since 2021. Yara Clean Ammonia operates the largest global ammonia network with 15 ships and has, through Yara, access to 18 ammonia terminals and multiple ammonia production and consumption sites across the world. Yara says that use of an AFMGC will contribute to reducing GHG emissions from marine transportation and developing an ammonia supply chain by providing a more environment-friendly means of ammonia transport as demand grows for ammonia use in the power sector, for marine fuel, and the like.