shutdown
Amazon Climate Pledge Fund-backed company raised $37 million to commercialize methane-eating microbes before putting research and demonstration assets up for sale.
The Karratha plant’s nine-week outage strips roughly 5% of globally traded ammonia from Pacific export channels just as Hormuz disruptions have already removed a quarter of seaborne supply.
The 400,000 t/yr Le Havre ammonia plant restarted the same day, but the incident adds to growing supply disruption pressure on European nitrogen markets.
Decision follows supply shortfall as demand for TerraSante outpaces production.
Romania’s largest nitrogen fertilizer producer plans mass layoffs after years of halted production and high energy costs.
Brazilian agricultural distributor retreats further as weak farm economics and debt pressures persist.
Company consolidates processing, citing prolonged losses and record cattle prices.
The California startup is also facing a lawsuit from a dealer alleging its tractors could not operate autonomously, a claim the company disputes.
Company expects to meet 2025 sales guidance despite disruption.
The Des Moines facility, responsible for processing about 12% of Iowa’s monthly soybean crush, will be idle from mid-October through November for maintenance. The closure is expected to tighten soymeal supplies, causing prices to reach a decade high and impacting revenue for farmers amid low crop prices.
Due to the accident, nitrous gas was released into the atmosphere.
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US retail fertilizer prices fall for 5th straight week as UAN28 drops 8% and urea slides 5%
It is alarming to see these developments in California. As a vineyard grower, I have faced significant challenges this year, with fertilizer costs rising sharply while market conditions have made it difficult to sell the harvest.
California peach growers forced to remove 420,000 trees after bankruptcy of Del Monte Foods canneries
