Asia Top Stories – Weekly Summary
ICIS News Asia highlights regional chemical market trends, including toluene, ammonia, and polypropylene dynamics amid supply constraints and geopolitical tensions. The summary also covers economic in
At atmospheric pressure, ammonia is a colorless gas with a characteristic pungent odor, which is extremely irritating to the eyes and upper respiratory tract. It is approximately half as dense as air and thus rises readily. With pressurization, 13 cubic feet of ammonia vapor can be condensed into 1 cubic foot. Ammonia is a common chemical of production, holding a third place in world production (Makarovsky et al., 2008). The large-scale use of ammonia is facilitated by large-scale storage
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ICIS News Asia highlights regional chemical market trends, including toluene, ammonia, and polypropylene dynamics amid supply constraints and geopolitical tensions. The summary also covers economic in
Spanish fertilizer producer Fertiberia suspended ammonia and urea production at its Palos de la Frontera plant due to unsustainable natural gas price increases. The facility has an annual capacity of
Fertiberia suspended ammonia and urea production at its Huelva plant due to unsustainable natural gas prices, citing geopolitical imbalances affecting European competitiveness.
LSB Industries reported strong Q2 2026 results with sales up 11.1% and EBITDA up 38.8%. The company plans a 100,000-ton ammonia capacity expansion and expects significant EBITDA from carbon capture by
The European Council suspended import tariffs on nitrogen fertilizers such as urea and ammonia for one year to support market stability. However, imports from Russia and Belarus remain excluded due to
CF Industries forecasts a tight global nitrogen market through 2027 amid geopolitical disruptions. Sales volumes dipped in some segments while ammonia and urea prices rose significantly due to inflati
Global ammonia prices are projected to remain elevated through mid-2026 amid Middle East tensions and LNG competition, before falling from January 2027 as new US LNG capacities come online.
EU ammonia imports fell to 717,000 tons in the first CBAM quarter as high carbon costs rendered US ammonia uncompetitive, shifting trade toward lower-emission sources like Algeria.
Iran suspended exports of petrochemicals, ammonia, and urea to prioritize domestic supply following airstrikes on production centers. Analysts warn this, alongside port blockades, may increase global
The Strait of Hormuz closure threatens 21% of global urea and 15% of ammonia trade, impacting key agricultural nations. This crisis exposes supply chain vulnerabilities, necessitating diversified sour
VCI warns Middle East tensions disrupt raw material supplies like ammonia, worsening 2025 German chemical production declines. Sales fell 3.8% amid high costs, leaving the industry facing significant
The European Commission proposed suspending import tariffs on ammonia and nitrogen fertilizers for one year to offset Carbon Border Adjustment Mechanism costs, benefiting non-Russian suppliers while m