Tag: Yara

Håkon Reistad Fure stepped down from Yara International’s board of directors in mid-November due to new professional commitments, the company has announced.

Market Insight courtesy of Argus Media. Urea: The market remained weak at the start of the year with urea prices falling as producers fought for liquidity. Egyptian product fell by $40/t to $495/t f.o.b. in a matter of days, while f.o.b. prices in the Middle East and southeast Asia similarly fell to around $440/t. Urea prices in many end-user markets also slumped: US prices fell over the course of the first week of January by $30/t, Brazil by $15/t and many European markets by around $20/t.

Yara International is to supply fossil-free fertilizers to El Parque Papas, Argentina’s largest potato grower, in 2023.

Fertilizer International presents a global round-up of phosphate rock, phosphoric acid and finished phosphates projects.

CRU Events will host the 2023 Nitrogen + Syngas conference and exhibition at the Hyatt Regency Barcelona Tower in Barcelona, 6-8 March.

A review of the current slate of plans for green and blue ammonia production.

The past year has been a difficult, even disastrous one for Europe’s fertilizer producers. High natural gas prices have kept plants shuttered, with 70% of the continent’s ammonia production shut down at times. It remains uncertain how much of this will return to production this year, or indeed ever.

Ammonia prices registered another week of losses at the start of January, with supply options continuing to outweigh demand in most regions. Prices have been falling steadily for the past twelve weeks, as the market rebalances after production curtailments across Europe for much of 2022. Steady falls in gas pricing over the past few weeks have put production costs firmly below today’s import price, with European production now scheduled to ramp up at many plants this month.

Stamicarbon has won a contract for a large-scale urea project in China. The urea plant, with a production capacity of 3,800 t/d, will be the largest ever licensed by Stamicarbon in the country. The customer, the plant’s location and the value of the contract have not been disclosed.

CRU has appointed Mark Jeavons as the head of its CRU Sustainability division. He will be based out of London with a global remit.