In the dynamic world of agriculture and fertilizer production, rock phosphate demand is critical. Manufacturers seek to optimize their nutrient offerings to meet this need. Recently, Rashtriya Chemicals and Fertilizers (RCF) announced a tender for procuring rock phosphate. This announcement attracted significant interest from various bidders. The tender’s due date was October 21, 2024, creating…
National Fertilizers Limited (NFL), India’s leading state-owned urea manufacturer, announced on Friday the approval for a new NFL fertilizer plant in Madhya Pradesh. This Rs 208 crore plant will produce water-soluble fertilizers and micronutrients. It marks an important step in NFL’s efforts to diversify and meet India’s demand for specialized agricultural inputs. As part of…
India’s reliance on urea imports is projected to drop to 10-15%, down from a high of 30% in FY 2021, according to a Crisil Ratings study. This reduction is driven by the launch of new urea production capacities. These plants are expected to achieve regulated returns as utilization rates improve. Additionally, older plants will maintain…
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….
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,…
Deepak Fertilisers And Petrochemicals Corporation Ltd (DFPCL), a leading company in the Deepak Fertilizer group, has received a boost. CRISIL Ratings assigned it a ‘CRISIL AA-/Stable’ rating. The positive Deepak Fertilizer CRISIL rating also includes the reaffirmation of the ‘CRISIL A1+’ rating for its commercial paper (CP) program. This signals a strong and stable outlook…
In the competitive fertilizer sector, Hindustan Urvarak & Rasayan Limited (HURL) recently announced the HURL DAP and TSP Tender for the import of Di-Ammonium Phosphate (DAP) and Triple Super Phosphate (TSP) at the West Coast of India (WCI). This tender generated significant attention within the industry, particularly due to the due date of October 23,…
FACT (Fertilisers and Chemicals Travancore) issued a FACT Phosphoric Acid Tender for the supply of Phosphoric Acid, with a due date of September 19, 2024. Surprisingly, no bids were received for this critical tender, placing FACT in a challenging position. The FACT Phosphoric Acid Tender was anticipated to attract significant interest due to the rising…
Hindustan Urvarak & Rasayan Limited (HURL) recently invited bids for importing Muriate of Potash (MOP) – Bulk (Fertilizer Grade). The bid submission deadline was October 16, 2024. The HURL MOP tender update confirms that the MOP supply will go to East Coast India (ECI). This move aims to secure crucial raw materials for fertilizer for…
In a significant development aimed at bolstering bilateral trade, Russia has expressed its readiness to ramp up fertilizer exports to India. This move comes after positive discussions with Indian counterparts regarding potential import tariff reductions. Dmitry Volvach, Russian Deputy Minister of Economic Development, highlighted the strategic importance of this partnership during the 15th India-Russia Business…
