Fertilizers

Jun 16th, 2010

Oil Crops Production is Actively Promoted in Kazakhstan

Key products of Fat-and-oil industry are vegetable oil, margarine, cooking butter. Raw materials for these products are seeds and fruits of oil crops, including sunflower, soy, rape, safflower, maize, lint, etc. Kazakhstan is a traditionally crop country. In 2009 just 5.5% of the total cultivation area was used for oil crops, that is 1.5% more […]...

Jul 27th, 2009

Uralkali Shares Jump on India Potash Deal

* Uralkali (URKAq.L) to deliver 675,000 tonnes to India * Shares up 5.8 percent in London * Analyst says China now likely to pay $400-$430 per tonne Shares in Russian potash miner Uralkali soared after the company said on Friday that its Belarussian sales joint venture agreed to sell 675,000 tonnes of potash fertiliser to […]...

Jul 22nd, 2009

Potash Market in 2009: Outlines, Prices, Behavior of Key Players

Potash Market in 2009: Outlines, Prices, Behavior of Key Players Three international companies, BelarussianPotashCo., Israel Chemicals Ltd. and Arab Potash Co, proposed to supply Indian buyers with potash at around US$460/mt for the summer-autumn 2009 season. This price offer has been largely affected by the recent contract between Russian potash manufacturer Silvinit (represented by IPC, […]...

Jul 22nd, 2009

PhosChem Announces Increased Volume To Existing DAP Contract With Indian Customers

Phosphate Chemicals Export Association, Inc. (PhosChem) announced an increase in volume to its existing diammonium phosphate (DAP) supply contract with its Indian customers. The volume will be increased by up to 500,000 tonnes from the initial 1.25 million tonnes agreed to earlier this year. Under the terms of the original contract, the price will be […]...

Jul 14th, 2009

Sipchem and Hanwha Chemical Sign Joint Venture Agreement for Polymers Projects

Saudi International Petrochemical Company (Sipchem) and Hanwha Chemical Corporation of South Korea announced that they have signed a Joint Venture Agreement today to establish a new petrochemical company in Al-Jubail Industrial City, Saudi Arabia that will be owned 75% by Sipchem and 25% by Hanwha Chemical. The new polymers venture comprises of a 200,000 metric […]...

Jul 6th, 2009

Fertilizer Subsidy Method To Be Modified

The government of India has plans to change the method of subsidizing fertiliser prices. This will be done by shifting to a “nutrient based subsidy regime” from the current “product pricing regime”. This was put forward by Finance Minister Pranab Mukherjee announced while presenting the Budget 2009-10 in parliament on Monday. Till now, the fertilizer […]...

Jun 30th, 2009

Abolishing Export Tariff on Fertilizers Eases Difficulties of Enterprises in Central and Western Regions

China will abolish the special export tariff on some fertilizer products including yellow phosphorus, phosphate ore, synthetic ammonia, phosphoric acid, ammonium chloride, triple superphosphate and binary compound fertilizer. Meanwhile, the provisional export tariff on products including fine French chalk, small and medium-sized profiled bars, as well as some nonferrous metals and their semi-finished products will […]...

Jun 30th, 2009

Asahi Kasei Chemicals Concludes Memorandum for Acetonitrile Production in Thailand

Asahi Kasei Chemicals, PTT Public Company Limited, Marubeni Corp., and their joint venture, PTT Asahi Chemical Company Limited (PTTAC), have concluded a memorandum of understanding to study the commercial production of acetonitrile in Thailand. Acetonitrile is a solvent used throughout the world in the manufacture of pharmaceuticals, as an analytical reagent, and in agrichemicals and […]...

Jun 11th, 2009

Ajay Shriram to Nurture Fertiliser Oufit

International Fertilizer Association (IFA) recently announced Ajay Shriram’s appointment as its president at IFA’s annual conference in Shanghai, China. Chairman and senior managing director of DCM Shriram Consolidated Limited (DSCL), Shriram is the second Indian to reach this position. Talking about his new role, Shriram says, “This is a strong recognition of India’s position in […]...

Jun 4th, 2009

Taiwan Bureau Has no Plan to Allow Ethylene Plants in China

Taiwan’s Industrial Development Bureau said it doesn’t plan “at this stage” to lift the ban on investing in ethylene plants in China, denying a May 29 newspaper report. Taiwan has barred companies from building so-called naphtha crackers in China because they may cause large fund outflows and affect investment on the island, the bureau said […]...

Jun 2nd, 2009

‘Reduce Use of Fertilizers’

It is imperative to reduce application of fertilizers as they lead to global warming, organic farming scientist G. Nammalvar has said. It is the third most important cause for global warming after industries and automobile, as nitrogen-based fertilizers enter the atmosphere as nitrous oxide, he said on Monday at a workshop on Technology Transfer and […]...

May 26th, 2009

New Coke-oven Gas to Methanol Production Line Runs in Shanxi

China’s first set of devices that can produce 300,000 tons of methanol with coke-oven gas annually just completed construction and started operation on May 25, 2009 in Changzhi City, Shanxi Province, the largest coke production base in China. Tianji Coal Chemical Industry Group Co., Ltd., formerly known as Shanxi Chemical Fertilizer Plant, and Shanxi Lu’an […]...

May 19th, 2009

China’s Oil Processing Capacity to Increase by 18% by 2011

China plans to raise its annual crude oil processing capacity to 405 million tonnes by 2011, the State Council, or the Cabinet, said on Monday in its restructuring and stimulus plans for the petrochemical industry. That would represent an increase of about 18.4 percent over its processing volume last year, which topped 342.1 million tonnes, […]...

Apr 8th, 2009

Caustic Soda Up on High Demand

Caustic soda prices on Wednesday rose by Rs 100 per 50 kg in the national capital on pick-up in demand from detergent manufacturers amid lower arrivals from producing belts. Caustic soda flake rose by Rs 100 to Rs 1,475-1,550 per 50 kg. Meanwhile, prices of other chemicals ruled steady on scattered deals. Following were Wednesday’s […]...

Apr 8th, 2009

Urea Shortage Feared During Kharif Season

Industry officials fear the farmers will have to struggle to get urea fertiliser even at high prices during the Kharif season because of expected shortage of the commodity. “There is an estimated shortage of 100,000 tonnes of urea for the Kharif season as smuggling across the western border and hoarding by dealers are continuing and […]...

Apr 7th, 2009

The Linde Group and Sinopec Subsidiary Conclude Long-term Agreement on Industrial Gases Supply in Chongqing, China

The technology group The Linde Group has secured a contract with Sinopec Sichuan Vinylon Works (SVW) to jointly build gas plants and produce industrial gases for the long-term supply to SVW’s chemical complex. This collaboration will result in an initial investment of approximately EUR 50 million. This partnership will establish a 50:50 joint venture between […]...

Mar 31st, 2009

Investigation Report of China’s Chemical Fertilizer Industry in Financial Crisis, 2009

In 2008, the total yields of Chinese chemical fertilizers were 58.6755 million tons, increasing 1.4%. The total yields of Nitrogen Fertilizer were 43.3118 million tons, rising 2.7% in 2007 and the total yields of potash fertilizer were 2.7748 million tons, increased by 3.4% in 2007. In 2008, the domestic application rates of Nitrogen, phosphate and […]...

Mar 30th, 2009

China to Boost Development of Clean Energy

China strives to accelerate the development of clean energy in the country and aims to have a hydro power generation capacity of 1.9 trillion kw by 2010 and build several large wind power bases each with a generation capacity of up to 10 million kw, said Liu Qi, vice director-general of the National Energy Bureau […]...

Mar 17th, 2009

Negative Outlook for Asia Oil & Gas, Petrochemicals

Moody’s Investors Service expects for Asia Pacific’s exploration and production (E&P), refining and marketing (R&M), and petrochemical sectors to be badly hit over the next 12-18 months. Moody’s says that the precipitous fall in energy prices has hit margins and cash flow at E&P issuers, while rapidly falling demand and margins has squeezed profits at […]...

Mar 16th, 2009

China Agritech, Inc. Completes 100,000-ton-Capacity Granular Organic Fertilizers Production Facility in China

China Agritech, Inc., a leading national liquid and granular organic compound fertilizer manufacturer and distributor in China, today announced that it has completed the construction and testing of its first facility for granular organic compound fertilizers in China. Located in Anhui Province, the facility is expected to begin production in April 2009. The new granular […]...