The government’s subsidy expenditure for FY25 is set to surpass budgeted estimates due to higher-than-anticipated costs associated with food, fertilizers, and petroleum. In the current fiscal year, the government had initially allocated ₹3.8 lakh crore for major subsidies. However, multiple factors have pushed this figure upward, with the overall subsidy Read more
Brazil Potash Corp. (“Brazil Potash” or the “Company”), a leading developer in Brazil’s potash fertilizer sector, has reached a major milestone. On January 21, 2025, the Company announced a memorandum of understanding (MOU) between its subsidiary, Potássio do Brasil Ltda., and Keytrade AG, a global leader in fertilizer trading. This Read more
The Global Fertilizer Market stabilized in the fourth quarter of 2024. Prices rose slightly by 1% compared to the third quarter but dropped more than 17% year-on-year. This price moderation was supported by ample supplies and steady energy costs, despite trade restrictions in certain regions. Fertilizer input costs, which peaked Read more
National Fertilizers Ltd (NFL) is advancing its commitment to renewable energy with plans to set up a 1500 KWp grid-connected rooftop solar PV power plant at its Panipat facility in Haryana. This green initiative aims to reduce the company’s carbon footprint and support India’s clean energy goals. The project is Read more
IFFCO has achieved a remarkable milestone in the financial year 2024-25, recording IFFCO Nano Fertiliser Sales Milestone FY 2024-25 with total sales reaching an impressive 2.80 crore bottles. This includes over 2 crore bottles of IFFCO Nano Urea Plus and 80 lakh bottles of IFFCO Nano DAP. The achievement reflects Read more
Indian urea sales have maintained a robust trajectory, hitting an estimated 2.3-2.4 million tonnes (mn t) in the first half of January 2025. This follows a record-breaking 5.2mn t of urea sales in December 2024, showcasing sustained domestic offtake. Provisional data suggests that January sales could exceed 4.5mn t, surpassing Read more
Rama Phosphates Limited has introduced its latest innovation, Girnar UROSUPER (Granular) fertilizer. The company launched this Urea Single Super Phosphate (SSP) fertilizer at its Udaipur unit. It aims to transform farming by delivering essential nutrients like nitrogen, phosphorus, and sulfur, which are critical for boosting crop productivity. Designed for Indian Read more
The global chemical and fertilizer industry, a cornerstone of modern agriculture, is at a critical juncture. Responsible for approximately 7% of worldwide greenhouse gas emissions, the sector faces increasing scrutiny over its environmental impact. Fertilizer manufacturing alone contributes 2-3% of these emissions, primarily due to the energy-intensive ammonia synthesis process. Read more
Infrastructure giant Larsen & Toubro (L&T) announced on Wednesday that its heavy engineering division has secured significant orders, classified in the ₹1,000 crore to ₹2,500 crore range, in both domestic and international markets. These contracts highlight the company’s robust presence across various sectors, including energy, petrochemicals, and fertilizers. Expanding Global Read more
Indian wheat prices soared to a record high on Monday, driven by dwindling supplies and strong demand from flour mills struggling to operate at full capacity. Industry officials shared these insights with Reuters. Inflation and Economic Implications The surge in wheat prices is expected to push retail inflation higher. While Read more
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