KBR has announced that it will provide its advanced ammonia technology for KazAzot’s first world-scale fertilizer complex in Kazakhstan. The plant, located in Aktau, will produce 2,000 metric tons of ammonia per day. As part of the project, KBR will offer a complete package of solutions. This includes a technology license, proprietary engineering design, equipment,…
SIA Linas Agro, a subsidiary of AB Akola Group, has acquired 100% of SIA Elagro Trade, a Latvian agricultural company. The deal was approved by the Competition Council of Latvia. Initially valued at €22 million, the final transaction amount rose to €25.5 million. This increase was due to higher-than-expected net working capital at the closing…
Norwegian agricultural leader Yara has embraced biomethane as a sustainable substitute for natural gas in ammonia production. This shift slashes the carbon footprint by 75% compared to traditional methods reliant on fossil fuels. Yara targets an annual output of 6,000 to 7,000 tonnes of sustainable ammonia, sufficient for producing 15,000 tonnes of fertilizer per year….
Israel is taking a major step toward sustainable waste management by building its first anaerobic waste recycling facility near the Gaza border. Named Dia, this groundbreaking project aims to transform household and agricultural waste into biogas and fertilizer. The facility will use advanced microbial technology, processing up to 200,000 tons of organic waste each year…
Petrobras has announced that its Board of Directors will proceed with the Petrobras UFN-III Project in Três Lagoas, MS. After conducting a thorough review aligned with the company’s Strategic Plan 2024-2028, the Board confirmed the project’s economic viability. Notably, the analysis shows a positive net present value (NPV), even in challenging scenarios outlined in Petrobras’…
Chennai-based Kothari Industrial Corporation is set to expand its fertilizer and footwear businesses, including a major new fertilizer unit with a planned capital expenditure of Rs 7,000 crore. The company is in advanced discussions to establish an NPK (nitrogen, phosphorus, and potassium) unit in Qatar, with potential funding from the Qatari ruling family, according to…
ICL, a leading global specialty minerals company, has signed a five-year agreement valued at approximately $170 million with AMP Holdings Group Co. Ltd., a prominent agricultural distribution company in China. This agreement, set to run until 2028, aligns with ICL’s strategic goal of expanding its Growing Solutions product range and enhancing its position in key…
