Fertilizer project news

US Department of Agriculture (USDA) Secretary, Tom Vilsack, has announced that USDA is investing in domestic fertilizer projects to strengthen competition for US farmers, ranchers and agricultural producers.

The company will supply the ANS from its El Dorado, Arkansas facility for five years commencing 01 January 2025.

The companies have announced that they have signed a Memorandum of Understanding to jointly offer a fully integrated low carbon (blue) ammonia solution, building on a nearly 25-year ammonia relationship between the companies.

With its first biomass-balanced (BMB) ammonia and urea products, BASF now offers BMB options within its ammonia value chain.

The company delivered underlying EBIT growth of 18% compared to the pcp after adjusting for re-basing items which relate primarily to the closure of manufacturing at Gibson Island and the sale of Waggaman.

For the year as a whole, the outlook for EBITDA and adjusted free cash flow remains unchanged; EBITDA is still expected to range between €500 million and €650 million and adjusted free cash flow should break even.

The company has reported results from another 29 drill holes at its Bégin-Lamarche project located in Saguenay-Lac-St-Jean, Quebec, Canada.

In Astana, EuroChem has signed an agreement with China National Chemical Engineering Co. (CNCEC) for the design, construction and commissioning of a chemical complex in Janatas, Jambyl Region, Kazakhstan.

Minbos Resources has provided update on activities from Angola on the Cabinda Phosphate Fertilizer Project.

The €1.3 billion CAPEX investment build is expected to be in operation by 2030. The production process will use renewable and low-carbon electricity to produce hydrogen, a substitute to imported natural gas.