Indorama Anyang urea expansion has reached a major financing milestone after Anyang Indorama Gases Co., Ltd., a wholly owned subsidiary of Indorama Corp., secured an RMB 2.4 billion (around US$358 million) long-term loan facility from a consortium of five banks in China. The financing will support Phase II of Indorama’s Read more
US sulfur fertilizer markets are facing renewed pressure as government agencies explore measures to encourage Gulf Coast refiners to keep more sulfur in the domestic market for phosphate fertilizer production. US Department of Agriculture (USDA) Deputy Secretary Stephen Vaden said the USDA is working with the US Department of Transportation Read more
Chittagong Urea Fertilizer Limited (CUFL) has resumed urea production after remaining shut for nearly six months because of gas shortages and technical problems. The state-owned fertilizer producer restarted operations on Tuesday after receiving sufficient gas supplies. The CUFL urea plant restart began in the morning, with engineers gradually bringing the Read more
The Sabic AN urea plant project has moved forward after the Saudi Arabian fertilizer producer approved the final investment decision (FID) for a new 2.6 million tonnes per year (mn t/yr) urea facility. Commercial production is targeted for the fourth quarter of 2030. The new project will also include a Read more
The global fertilizer supply system has adjusted to major disruptions in the Middle East, preventing an immediate worldwide food crisis despite a sharp decline in fertilizer shipments through the Strait of Hormuz. Urea imports from countries that traditionally ship through the strategic waterway fell by about 85% from pre-conflict levels, Read more
The BRICS fertilizer supply issue came into focus at the September 12-13 summit in New Delhi, as member countries discussed food security, supply disruptions and fertilizer shortages. India imports nearly 30% of its fertilizer requirements from overseas markets, increasing its exposure to global prices, freight costs and supply disruptions. The Read more
The Punjab farmers protest movement is set to intensify as the Kisan Mazdoor Morcha (KMM), along with the Bharatiya Kisan Union (BKU) Ekta Ugrahan, announced a five-day demonstration campaign starting September 16. The farmers’ groups said the protests will be held outside the residences of Punjab Vidhan Sabha Speaker Kultar Read more
Vessel traffic through the Strait of Hormuz increased slightly to 16 transits on Tuesday, but shipping activity remained far below pre-war levels as heightened military tensions continued to disrupt maritime trade. Data from maritime security firm Windward showed that most vessels continued to use the Iranian-controlled northern lane, while others Read more
Saudi Arabia’s fertilizer producer SABIC AN has approved the final investment decision (FID) for a major new urea plant with a production capacity of 2.6 million tonnes per year. Commercial production is expected to begin in the fourth quarter of 2030. The new SABIC AN urea plant will also feature Read more
Bangladesh urea plants are facing a severe production crisis as gas shortages force multiple fertilizer factories to suspend operations. The Bangladesh urea plants shutdowns have left only one state-owned factory operational, raising concerns over fertilizer availability ahead of the country’s crucial boro rice cultivation season. The latest disruption follows a Read more
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