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INEOS, Hanwha partner on US blue ammonia project

  • : Fertilizers
  • 24/05/28

South Korea's Hanwha and global chemical company INEOS agreed to collaborate on a blue ammonia production facility in the US.

The partners anticipate the project to reach a capacity of more than 1mn metric tonnes/yr and the CO2 emissions from the facility will be sequestered.

The heads of terms agreement entered into by the companies will allow them to determine the feasibility of a blue ammonia facility in the US. The location of the plant has not been determined.

The two companies aim to make a final investment decision in 2026 and to begin operations in 2030.

If the project is developed it will contribute to INEOS' 2030 carbon emission reduction target and its 2050 net zero ambitions.


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Singapore shortlists consortia for NH3 power, bunkering


24/07/25
24/07/25

Singapore shortlists consortia for NH3 power, bunkering

Singapore, 25 July (Argus) — The Maritime and Port Authority of Singapore (MPA) and the Energy Market Authority (EMA) selected two consortia, with one of them likely to lead the project to develop ammonia as a low or zero-carbon solution for power generation and bunkering in the island nation. MPA and EMA selected the two consortia from a total of [six firms that were shortlisted in 2023]https://direct.argusmedia.com/newsandanalysis/article/2501511), after a request for proposal (RFP) was launched. The final selection from the chosen two will be made in the first quarter of 2025. This project, which is part of Singapore's national hydrogen strategy , is looking at developing end-to-end ammonia solution that can generate 55-65MW of electricity via direct combustion in combined cycle gas turbines. Low- to zero-carbon ammonia would be imported and used for this purpose. The project is aiming for 100,000 t/yr of ammonia bunkering, starting with shore-to-ship bunkering followed by ship-to-ship bunkering. The two consortium leads are Singaporean conglomerate Keppel's arm Keppel Infrastructure, as well as Singaporean-based Sembcorp-SLNG. The consortia also include the following bunkering participants - Japan's shipping firm NYK Line, as well as Japanese trading firms Sumitomo and Itochu. By Mahua Chakravarty Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Australia's S04 makes first batch of SOP at Lake Way


24/07/24
24/07/24

Australia's S04 makes first batch of SOP at Lake Way

London, 24 July (Argus) — Australia's S04 — a subsidiary of Sev.en Global Investments, an energy investment firm based in the Czech Republic — has produced its first SOP product at its Lake Way project near Wiluna in Western Australia. The 200,000 t/yr SOP project remains in the commissioning phase, and there is no date yet for full commercial operations. But Sev.en said the project is "tracking well" towards full operations. Commissioning work included the installation of a new floatation unit in the process plant. The project will use solar evaporation ponds to extract potassium-rich salts from the lake mines. The Lake Way SOP project has been in development for over seven years. It was originally commissioned in April 2021 and began commercial production in June that year under its previous owners Australia-based Salt Lake Potash. Sev.en acquired the project when it bought out Salt Lake Potash in 2022 and then made significant investments in all aspects of the production process. By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

US House passes waterways bill


24/07/23
24/07/23

US House passes waterways bill

Houston, 23 July (Argus) — The US House of Representatives overwhelmingly approved a bill on Monday authorizing the US Army Corps of Engineers (Corps) to tackle a dozen port, inland waterway and other water infrastructure projects. The Republican-led House voted 359-13 to pass the Waterways Resources Development Act (WRDA), which authorizes the Corps to proceed with plans to upgrade the Seagirt Loop Channel near Baltimore Harbor in Maryland. The bill also will enable the Corps to move forward with 160 feasibility studies, including a $314mn resiliency study of the Gulf Intracoastal Waterway, which connects ports along the Gulf of Mexico from St Marks, Florida, to Brownsville, Texas. Water project authorization bills typically are passed every two years and generally garner strong bipartisan support because they affect numerous congressional districts. The Senate Environment and Public Works Committee unanimously passed its own version of the bill on 22 May. That bill does not include an adjustment to the cost-sharing structure for lock and dam construction and other rehabilitation projects. The Senate's version is expected to reach the floor before 2 August, before lawmakers break for their August recess. The Senate is not scheduled to reconvene until 9 September. If the Senate does not pass an identical version of the bill, lawmakers will have to meet in a conference committee to work out the differences. WRDA is "our legislative commitment to investing in and protecting our communities from flooding and droughts, restoring our environment and ecosystems and keeping our nation's competitiveness by supporting out ports and harbors", representative Grace Napolitano (D-California) said. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

AdvanSix releases higher amsul values


24/07/23
24/07/23

AdvanSix releases higher amsul values

Houston, 23 July (Argus) — Domestic chemicals producer AdvanSix raised its ammonium sulfate prices today as market attention shifts to fall purchasing amid potential supply issues from a competitor. Amsul volumes across upper Mississippi River warehouses increased to $345/st fob, up from $325-330/st fob summer fill values announced in mid-July. Ohio River warehouse pricing for amsul rose by $20/st to $340/st fob. These values netback to a $300/st fob Nola value. The fresh prices released by AdvanSix are also significantly higher compared with 2023 levels , when the producer increased from its summer pricing to sell amsul at $290/st fob at its river warehouses. Higher amsul prices may be noted throughout the coming weeks amid an unknown restart timeline for US amsul producer Interoceanic Corporation (IOC) that shut in its Pasadena, Texas, facility in early July ahead of Hurricane Beryl's landfall. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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