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Yara International cuts ammonia production

 Last Update: 2022-01-08
 Source: Internet
 Author: User

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Sinochem News Yara International recently stated that the production of synthetic ammonia has been cut sharply due to record increases in natural gas prices
.

From September to November, the company's ammonia production in Europe was cut by about 30%, or 370,000 tons
.

Reasons for the reduction include planned overhauls and unplanned outages

Due to the soaring price of natural gas in Europe, some other companies' synthetic ammonia plants started to shut down or reduce their operating load rates in September or October
.

Fertecon, a service agency for agribusiness under IHS Markit, issued a report stating that BASF's ammonia plants in Ludwigshafen, Germany and Antwerp, Belgium are still in a state of suspension; the Borealis ammonia plant in Grande Quivilli, France is also in a state of suspension; CF Industries' synthetic ammonia plant in Ins, UK and one of the two production lines of OCI's Herron plant in the Netherlands are in a state of shutdown

In the fourth quarter, the price of ammonia in Europe soared to an unprecedented level.

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