Urea news

Perdaman has entered into an historic agreement with the Murujuga Aboriginal Corporation (MAC) as part of its plans to build a fertilizer manufacturing plant near Karratha.

The MoU for the project was signed by Uralchem and Angola’s Grupo Opaia SA on the sidelines of the Africa-Russia forum in Sochi, Russia.

The company recorded a net loss of US$23 million, or US$0.20 per common unit, on net sales of US$89 million for 3Q19, compared to a net loss of US$13 million, or US$0.12 per common unit, on net sales of US$80 million for 3Q18.

The EU UAN anti-dumping regulation is the first under the European Union’s new trade defence modernisation rules.

Under the terms of the agreement, Maire Tecnimont will carry out preliminary engineering and site surveying work at the brownfield site adjacent to EuroChem’s existing production facilities at Kingisepp.

India is set to bring 10 planned and 12 announced urea plants between now and 2030.

Argus Media has announced that it has signed a collaboration agreement with the International Fertilizer Development Center (IFDC).

RHEWUM screens have been chosen for a new plant for the production of urea fertilizers.

Argus Media is reporting that India’s re-elected government is evaluating the inclusion of urea in its nutrient-based subsidy (NBS) scheme to promote more balanced fertilizer use.

Argus Media is reporting that weak ammonia prices have raised the upgrading margins on urea production to their highest since 2012.