OCI, ADNOC and Fertiglobe to launch IPO of Fertiglobe
OCI and ADNOC intend to collectively offer 13.8% of Fertiglobe’s issued share capital in the offering.
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OCI and ADNOC intend to collectively offer 13.8% of Fertiglobe’s issued share capital in the offering.
NextChem, MET Development and Stamicarbon have reached an agreement with US-based Greenfield Nitrogen LLC to develop the first dedicated green ammonia plant in the US Midwest.
BASF has curtailed ammonia production at its production sites in Antwerp, Belgium, and Ludwigshafen, Germany.
KBR INSITE, a cloud-based remote plant monitoring service, will be used at the integrated ammonia-methanol plant in Beaumont, Texas, US.
The restart follows an interim agreement reached with the UK government to cover the costs to restart the ammonia plant and produce CO2 for the UK market.
Including optimisation of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity.
No material damage has been identified to the plant following Hurricane Ida. Factoring in the anticipated restoration of power and utilities, the total outage is expected to be approximately 4 weeks from the date the plant was brought down on 28 August in anticipation of Hurricane Ida.
The complex was shut down on 28 August as part of contingency plans for Hurricane Ida.
The loan was used to finance Kima's ammonia and urea plant in Aswan, Egypt, which is currently operating at 80% of the ammonia line and 104% of the urea line.
Mitsui & Co. Inc. and CF Industries Holdings, Inc. have announced a memorandum of understanding that will guide the companies in a joint exploration of the development of blue ammonia projects in the US.
The blue ammonia will be used for fertilizer production in Japan.
The companies' collaboration aims to significantly reduce Nutrien’s maritime transportation emissions.