Global ammonia capacity is poised to see considerable growth over the next five years, potentially increasing from 233.85 million in 2018 to 280.36 million tpy in 2023, registering a total growth of 20%, says GlobalData, a leading data and analytics company.
In December, UCC Shchekinoazot (Tula region, Russia) successfully completed a test run of their newly erected methanol and ammonia co-production unit based on Haldor Topsoe’s IMAP Methanol+™ process.
India’s ammonia plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 10.3% from 15.610 million tpy in 2017 to 25.491 million tpy in 2022, according to GlobalData, a leading data and analytics company.
PJSC KuibyshevAzot is planning to put into operation a new granulated ammonium nitrate plant before the end of 2020.
Sri Lanka's agriculture ministry has issued tenders, closing on the 22 January, to buy urea, TSP, MOP and ammonium sulphate.
Argus Media reports that CPDC, a Taiwanese importer, has signed its first annual ammonia supply contract for 2019 with Turkish trading company Raintrade. The cargoes will be sourced from Iran.
Sabin Metal Corporation announces its first successful installation of its new line of SCS Catalyst System for the production of nitric acid and related chemicals. Nitric acid and its derivates are the most commonly used fertilizers’ intermediates in the world.
Japanese trading house Mitsubishi has sold two spot ammonia cargoes at US$330/t cfr to Taiwan and China respectively, marking a significant drop from current pricing levels in Asia-Pacific.
Could ammonia be the panacea for two of the greatest challenges facing the 21st century: food and energy?
Casale has been awarded a contract by Messrs Smartchem Technologies Limited (STL), a fully owned subsidiary of M/s Deepak Fertilisers and Petrochemicals Corporation Limited, India (DFPCL) for a new technical ammonium nitrate plant.