International ammonia prices and sentiment still dislocated along geographical lines

While summer holidays kept many ammonia market players away from their desks, prices, sentiment and the global supply/demand balance remain clearly disjointed between East and West as thoughts turn to September shipments. This trend was illustrated by fresh fob spot business for North African material taking place at a premium to cfr deliveries into the…

Yara and ATOME PLC sign Heads of Terms for sale of renewable Calcium Ammonium Nitrate (CAN) fertilizer

Yara has signed a Heads of Terms for offtake from Atome’s proposed 264,000t per year renewable calcium ammonium nitrate (CAN) project in Villeta. Yara would market and sell the green CAN as part of the YaraBela product line, with the 145MW project scheduled to produce and export fertilizers derived from baseload renewable power from 2027.…

OCI confident Texan blue ammonia project will conquer Europe’s CBAM

Dutch fertilizer major OCI Global has confirmed the first low-carbon material from its showcase Texas Blue Clean Ammonia project will emerge in early 2025 and that the facility it well-positioned for the arrival of Europe’s Carbon Border Adjustment Mechanism (CBAM). Due onstream in the first six months of next year, the Beaumont-based facility is at…