Nutrien NH3 Plant Offline
Nutrien Ltd. reports that the company’s Geismar,
La., anhydrous ammonia plant will be down for approximately ten days due to
equipment and operational impacts from recent heavy rains.
All Posts from May 19, 2021
Indian Government Raises DAP Subsidies
In response to the ever-rising prices of phosphate fertilizers, the Indian government raised the subsidy for DAP from Rs500/45 kg bag to Rs1,200/bag. The subsidy will account for half the market price of DAP at the distribution centers, which is currently Rs2,400/bag (US$728/mt), and drops the price to farmers down to 2019 levels of Rs1,200/bag (US$364.20/mt). The last DAP sale into India was reported in the low-US$560s/mt CFR.
Trammo Inks Green NH3 Offtake Deal
Trammo DMCC, a subsidiary of Trammo Inc., and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group, have signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green ammonia plant to be developed in Chile with an estimated annual output of 1 million mt/y of green ammonia.
This project in Chile would be one of the first ones commercializing green ammonia based on a 2GW wind park. AustriaEnergy has partnered with Oekowind, a company which develops and operates wind, hydro, and solar power plants, for this project in Chile.
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