Ukraine bans fertilizer exports
The country's agriculture ministry said the ban would help "to maintain balance in the domestic market" and applied to nitrogen, phosphorus, potassium and complex fertilizers.
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The country's agriculture ministry said the ban would help "to maintain balance in the domestic market" and applied to nitrogen, phosphorus, potassium and complex fertilizers.
The department will make available US$250 million through a new grant programme this summer to support independent, innovative and sustainable American fertilizer production to supply American farmers.
Brazil's Agriculture Minister Tereza Cristina Dias has said that Brazil has secured the support of Argentina, Bolivia, Chile, Paraguay and Uruguay for a proposal excluding fertilizer products that will be submitted to the United Nations' Food and Agriculture Organization.
Yara has stopped all sourcing from suppliers linked to Russian sanctioned entities and persons, in response to new EU sanctions imposed on 9 March.
Hungarian nitrogen fertilizer producer Nitrogénmuvek has temporarily halted ammonia production as a result of high natural gas prices.
Borealis will now consider various options regarding the future of its nitrogen business.
The plant has been designed with an initial production capacity of 150 000 tpy, with capability to expand up to 450 000 tpy.
The company is developing a facility to harvest potash and food-grade salt near Evart, Michigan, and says that American farmers could replace Russian fertilizer imports with long-term domestic supply produced in Michigan within the next 3.5 years.
The two plants have a combined annual capacity of 1 million t of ammonia and 0.9 million t of urea.
Petrobras has not called off or altered talks to sell an unfinished fertilizer plant to Russian group Acron even as Russia’s invasion of Ukraine has triggered Western sanctions.
By 4Q22, with the expansion of its Plant 2 facility, Verde expects to have raised its overall production capacity to 3 million tpy, becoming Brazil’s largest potash producer.
Core assay results from OHM-02 are expected to be received in approximately 4 weeks.