newsroom

Industry News

Japan's Sumitomo Chemical expanding high-purity chemicals capacity

(ICIS) - SINGAPORE (ICIS)--Sumitomo Chemical is expanding its production capacity for high-purity chemicals for semiconductors, the Japanese producer said on Tuesday.

Read More
Contango Snags ConocoPhillips' Gassy Wind River Assets for $67M

(Our Community News) - U.S. independent Contango Oil & Gas Co. plans to boost its natural gas production by more than half later this year with the acquisition of ConocoPhillips’ conventional assets in Wyoming’s Wind River Basin for $67 million.

Read More
Bunker Prices Are Edging Higher and Could Impact the Tanker Freight Rate Benchmarks

(Hellenic Shipping News) - With bunker pricing moving upwards a new revision of Worldscale rate is expected to transpire. In its latest weekly report, shipbroker Gibson said that “the past couple of years have been very turbulent in many international markets due to the global pandemic.

Read More
Can the Future of Food Be Sustainable in a Rapidly Growing World?

(Time) - The scale and reach of Cargill, the nation’s largest private company, is staggering. The Minnesota-based company, which operates in 70 countries and has 155,00 employees, is involved in a range of businesses across the food chain, from selling feed to farmers, to commodities and meat processing.

Read More
Where Sulfur Fits in Corn, Soybeans

(Farm Progress) - Matt Clover started a discussion about sulfur for corn with a simple question. The soil fertility specialist with Pioneer asked a virtual audience to answer “true” or “false”: Sulfur is just as important as nitrogen for normal crop development.

Read More
Bruks Siwertell to deliver shipunloader to fertilizer company
 

(Dry Bulk Magazine) - Bruks Siwertell has won a contract to deliver a second Siwertell screw-type shipunloader to leading Indian fertilizer company, Paradeep Phosphates Ltd (PPL), operating at the port of Paradeep, in Odisha, India.

Read More
Ineos completes sale of sulphur chemicals business
 

(Chemical Engineering) - Ineos Enterprises (London, U.K.) has announced completion of the sale of its Sulphur Chemicals business to International Chemical Investors Group.

Read More
Lanxess' lubricants additives business expands production capacity in Mannheim
 

(Chemical Engineering) - The Lubricants Additives Business of Lanxess AG (Cologne, Germany) is expanding its production capacity for light-color sulfur carriers at its Mannheim site by several thousand tons.

Read More
How to sell 'Carbon Neutral' fossil fuel that doesn't exist
 

(Bloomberg) - Energy companies are starting to pitch the idea that planet-warming natural gas can be erased by paying villagers to protect forests. Experts can’t make the math work.

Read More
New type of EV battery extends range with over 120 miles on a single charge
 

(Auto Evolution) - We’re clearly transitioning towards electric vehicles, as a more sustainable means of transportation. And while this is indeed good news, the process of switching to greener vehicles isn’t going as fast as needed.

 
Read More
Yara sells Salitre phosphate mining project to EuroChem

(World Fertilizer) - Yara has signed a Share Purchase Agreement with EuroChem to sell its Serra do Salitre phosphate mining project in Brazil for a cash consideration of US$410 million.

Read More
Squeezing more yield out of the crop
 

(Agriculture) - XtremeAg’s Kelly Garrett, Matt Miles, and Kevin Matthews are down to the wire as they do what they can to squeeze every bit of yield out of their crop to take advantage of higher prices.

Read More
Near-record high fertilizer prices projected for 2022
 

(BrownField AG News) - Fertilizer prices are expected to approach record high levels in 2022, bringing cost to the farmer up with them.

 
Read More
Supply chain industry groups support Congress's progress on infrastructure bills
 

(Jioforme) - Today, industry groups in the manufacturing, transportation, and retail sectors supported the news that the bipartisan infrastructure bill was drawing attention in Congress and further debating in the House and Senate.

Read More
Fitch Ratings: EU's 'Fit for 55' climate plan to fuel long-term costs of fertilizer producers
 

(World Fertilizer) - The EU’s new ‘Fit for 55’ climate plan will increase carbon costs and CAPEX for European metals and fertilizer producers and for those exporting to the EU, according to Fitch Ratings.

Read More
Trigg Mining releases maiden indicated resource for Lake Throssel
 

(World Fertilizer) - Trigg Mining has released the estimation of a maiden indicated mineral resource for its Lake Throssell sulfate of potash (SOP) project near Laverton in Western Australia.

Read More
How the earth's rotation helped the earliest forms of life to diversify
 

(Action News Now) - Earth hasn't always experienced the 24-hour day we're so familiar with now. In fact, the way the world turns not only determines the length of our day, but it could have contributed to an influx of oxygen on early Earth that helped life to flourish, according to new research.

Read More
River Rhine water levels recede as some parts to reopen to barge traffic

(ICIS) - Water levels on the River Rhine continue a slow return to normality and more than 25km of a prior closure could reopen to barge shipping later in the day, the German federal waterways authority WSV said to ICIS on Wednesday.

Read More
Shipping leaders set to reunite in person at IMO for LISW21 Headline Conference

(Hellenic Shipping News) - Shipping industry movers and shakers are set to reunite in person to explore the fundamental role that the ESG agenda has in shaping the future of the global shipping industry as London International Shipping Week 2021 (LISW21) confirms its Headline Conference will go ahead in the prestigious headquarters of the International Maritime Organization on Wednesday September 15.

Read More
Updating nitrogen and sulphur fertiliser recommendations for spring barley

(AHDB.org) - This project aimed to improve nitrogen (N) and sulphur (S) fertiliser management guidelines for modern spring barley varieties. The work was conducted to help farmers achieve grain N% targets and high (economically optimal) yields more reliably.

Read More

Member News

Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation

(MSN) - Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.

Read More
Exxon to buy Pioneer In $60 billion deal

(The Wall Street Journal) - Exxon Mobil struck a nearly $60 billion agreement Wednesday to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant's future to fossil fuels.

Read More
Tessenderlo Kerley, Inc. celebrates groundbreaking in Ohio for fertilizer facility

Tessenderlo Kerley, Inc. held a celebratory groundbreaking to mark the commencement of construction on a new liquid fertilizer facility in Defiance, Ohio. The new 50,000-square-foot production facility will occupy 50 acres and is set to become operational in 2024. The facility will service the Eastern Great Lakes Region through its distribution partners and will include terminal loadouts for rail cars and tanker trucks.

Read More
Ford to buy lithium from ioneer for U.S. EV battery plant

(Reuters) - Ford Motor Co (F.N) said on Thursday it will buy lithium from ioneer Ltd's (INR.AX) Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.

Read More
Koch Ag Completes Acquisition, Forms Joint Venture With Moroccan Phosphate Subsidiary

(The Daily Scoop) - "The closing of this acquisition marks Koch's first substantial investment on the African continent," said Brad Razook, Executive VP of Koch Industries and CEO, Resources. "We are excited to add another nutrient to the KAES portfolio in collaboration with a world-class partner."

Read More
Shell Pushes Big Plans To Drill More in Gulf

(The Wall Street Journal) - Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to pump oil for years to come.

Read More
Rhyolite Ridge: Investing in the future

(Elko Daily) - Alot has been happening with the Rhyolite Ridge lithium/boron project in recent months.
“On March 31, U.S. President Joe Biden announced plans to invoke the Defense Production Act to provide hundreds of millions in new subsidies for the mining of minerals critical for the wind, solar and electric vehicles industries.

Read More
Penflex Becomes The Sulphur Institute's Newest Member

(MSN) - Penflex Corporation recently became the newest member of The Sulphur Institute (TSI), an international, non-profit organization dedicated to advocating for the safe use of sulfur.

Read More
Koch to acquire 50% stake in JFC III from OCP

(Agri Business Global) - Koch Ag & Energy Solutions (Koch) and OCP have signed an agreement under which a Koch affiliate will acquire a 50% interest in Jorf Fertilizers Company III (JFC III) from OCP, the world's largest phosphate mining and leading global fertilizer group. When closed, the transaction will establish a 50/50 joint venture.

Read More
Exxon posts biggest profit in seven years on high oil prices

(Reuters) - Exxon Mobil Corp (XOM.N) on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.

Read More