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Electric Hydrogen has announced US$100 million in corporate credit financing to support manufacturing and deployment of electrolyser plants, which enable the lowest cost production of green hydrogen for fertilizer, aviation and shipping industries.
More than 1500 participants from across Africa, including Heads of State and Ministers, are expected to attend the event.
The plants have become available as BASF implements structural measures at its Ludwigshafen site to ensure competitiveness in a changing European market environment as announced in February 2023.
Africa Fertilizer Financing Mechanism Governing Council praises special fund, administered by the African Development Group, for innovative financing solutions to boost fertilizer use and agricultural productivity in Africa and echoes call for more financing for the continent’s fertilizer sector.
In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly 8000 t of fertilizers to 100 000 smallholder farmers, boosting harvests and incomes.
The Executive Board of Petrobras unanimously approved the initial measures for the revitalisation and future resumption of operations at the fertilizer factory Araucária Nitrogenados S/A – ANSA, a wholly-owned subsidiary of the company. The plant, located in Paraná, has been in hibernation since 2020.
A sum of CAN$7.3 million has been provided to enhance sustainable agricultural productivity and smallholder farmer livelihoods, particularly women and youth across Africa.
Agrimin has announced that has signed a binding offtake agreement with Gavilon Fertilizer, for the supply of 50 000 tpy of SOP produced from the Mackay Potash Project for sale and distribution in the USA.
Raen has more than 25 years of experience in the fertilizer industry, including twelve years with Norsk Hydro and Yara International.
OCI Global and COMPO EXPERT announce long-term lower carbon ammonia supply for the production of lower carbon NPK fertilizers.
OCP Group and Fortescue Energy has announced a landmark joint venture (JV) in Morocco. This equal partnership aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.
thyssenkrupp Uhde and Genesis Fertilizers have signed a Pre-FEED (front-end engineering and design) contract to conceptually develop an integrated fertilizer complex to be located at Belle Plaine, Saskatchewan, in Canada.