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Nitrogen

Borealis and VERBUND are planning a joint green hydrogen project

The green hydrogen will be used to produce fertilizers, melamine and technical nitrogen at Borealis operations in Linz, Austria. The electrolysis plant is scheduled to commence operations in 2025, with projected annual CO2 emissions reductions of up to 90 000 t.

 
 
 
 
 
 
 
 
 
 
 
 
 

US curbs Russian access to fertilizer imports

The Commerce Department has said it will begin requiring Russians and Belarusians to get a special licence when seeking to obtain a host of goods from US suppliers, including fertilizer and chemicals, and pledged to deny those licences.

 

Iowa Fertilizer Co. launches transaction to refinance outstanding capital markets debt

The transaction involves the offering by the Iowa Finance Authority of up to approximately US$854 million Midwestern Disaster Area Revenue Refunding Bonds (Iowa Fertilizer Company Project), Series 2022, the proceeds of which will be loaned to IFCo to refinance, together with OCI's available resources, the Iowa Finance Authority Midwestern Disaster Area Revenue Bonds (Iowa Fertilizer Company Project), Series 2013 and Series 2018A and B.