CF Industries Holdings Inc., Deerfield, Ill., on Oct. 29 announced major steps to support a global hydrogen and clean fuel economy including the production of green and low-carbon ammonia. CF will add an initial green ammonia project at the company’s flagship Donaldsonville Nitrogen Complex to produce approximately 20,000 st/y of green ammonia. The cost of the initial project is expected to fit within the company’s annual capital expenditure budget, which has ranged from $400-$450 million per year. Additionally, the company is developing CCS and other carbon abatement projects across its production facilities.
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Bondurant to Step Up at MMLP; Martin to Retire
Martin Midstream Partners LP (MMLP), Kilgore, Texas, has announced that Executive Vice President and CFO that Robert D. Bondurant (Bob) has been appointed President and CEO, effective Jan. 1, 2012. MMLP’s Ruben Martin has decided to retire as from those positions on Dec. 31, 2020, but will remain as Chairman of the Board of the LP’s general partner and will continue to be actively involved in business development for the partnership.
MMLP Reports 3Q Loss; Sulfur/Fert Income Up
Martin Midstream Partners LP (MMLP), Kilgore, Texas, reported a third-quarter loss of $10.8 million down from the year-ago positive $13.2 million. The company said it was impacted by an $8.5 million charge related to a recent exchange of senior notes.
MMLP’s sulfur/fertilizer business saw a third-quarter uptick in operating income to $5.6 million from the year-ago $291,000.
Tampa NH3 Reported Up
The Tampa ammonia price for November has been reported to have moved up to $235/mt CFR from October’s $228/mt CFR.
RCF Asks for Validity Extension
India’s RCF asked companies offering tons in its latest urea tender to extend the validity date on their offers until Oct. 23. This is the second extension request. Sources reported RCF is ready to buy 2.1 million mt but still needs financial clearance from the Department of Fertilizer.
EPA Approves Use of Phosphogypsum in Road Construction
U.S. EPA Administrator Andrew Wheeler on Oct 14 approved a request from The Fertilizer Institute (TFI) to allow phosphogypsum to be used in government road construction projects. While the approval of TFI’s request does not mean that phosphogypsum will become widespread in roads, it allows state and local governments to investigate the opportunity to use phosphogypsum in appropriate road construction projects. Due to transportation costs, the product is most likely to be used within 200 miles of the gypsum stack, according to TFI.
Phosphogypsum is a byproduct material of phosphate fertilizer production. It is regulated for the presence of radium-226, a naturally occurring radioactive substance that produces radon gas, a hazardous air pollutant.
RCF Tender Shows Softer Urea Prices
Prices were down in the RCF urea tender. Transglobe had the lowest East Coast price of $279.25/mt CFR, about $4/mt down from the August MMTC tender. Swiss Singapore had the lowest price for the West Coast at $279.94/mt CFR. Almost $9/mt down from the previous tender.
More Than 3 Million mt Offered in RCF Urea Tender
The RCF urea tender closed Oct. 9 with 16 companies offering 3.6 million mt. There was heavy producer participation with 415,000 mt offered directly to RCF on an FOB basis. Prices are not expected to be unveiled until Monday, Oct. 13. Sources said rumors place the offers at $278-$279/mt CFR. For more details see the Oct. 9 issue of Green Markets.
LSB Announces Seven-Year Nitric Acid Contract
LSB Industries Inc., Oklahoma City, on Oct. 8 announced that it has signed a new long term nitric acid supply contract with a customer. Under the agreement, LSB will supply between 70,000 to 100,000 st of nitric acid per year. Sales are expected to begin in the first quarter of 2021.
Monolith Plans Nebraska Ammonia Plant
Clean energy technology company Monolith Materials, Lincoln, Neb., reports that it is planning a 275,000 mt/y carbon-free ammonia plant in Hallam, Neb. Monolith technology converts natural gas into carbon black and hydrogen, with the latter expected to be used for ammonia production. Its first commercial scale carbon black/hydrogen plant is currently being commissioned, and the second plant will begin construction in 2021. The second plant, which will have larger capacity, will integrate the ammonia plant.
Monolith expects to supply its ammonia to the agriculture market in the Corn Belt.