newsroom

Industry News

Open letter from Canadian businesses to our elected representatives

(Chamber) - Canadian businesses have suffered under the strain of constant disruptions over the last two years. The challenges they have had to overcome have included COVID-19, extreme weather events, increasing inflationary pressures, labour shortages and supply chain disruptions. Now achieving a successful recovery is threatened by the ongoing blockades of the critical infrastructure that enables the livelihoods and well-being of all Canadians.

Read More
Producing Polymers from Waste Sulfur

(AZO Materials ) - Waste sulfuric acid is created as a by-product from common industrial processes such as through the extraction of minerals and metal smelting processing.

Read More
Fossil fuel subsidies to face tighter EU scrutiny

(Reuters) - The European Commission wants to increase scrutiny of whether countries are phasing out fossil fuel subsidies fast enough to meet climate goals, under EU rules due this year.

Read More
Electric vehicles drive up nickel, cobalt and lithium prices

(Reuters) - Accelerating sales of electric vehicles have fuelled a scramble for nickel, cobalt and lithium, propelling prices of the battery materials to multi-year highs.

Read More
China showcases low-carbon tech for 'green' Games

(Reuters) - From natural carbon dioxide refrigeration at ice rinks to 100% renewables-powered venues, China is striving to run a "green" Olympics to showcase its leadership in climate-friendly tech and counter concerns about the lack of natural snow at its venues.

Read More
OSHA Formally Withdraws Its COVID-19 Vaccine Mandate

(TTNews) - The Occupational Safety and Health Administration is formally withdrawing its emergency temporary standard requiring large companies to require their employees to receive COVID-19 vaccinations, the agency announced Jan. 25.

Read More
Kula Bio closes $50m Series A to further develop its low emission biofertilizer

(AG Funder News) - Kula Bio, a US-based startup developing a biological fertilizer, has raised $50 million in Series A funding to increase production capacity and further innovate on its technology.

Read More
In Kenya, Apollo Agriculture is building a pathway to commercial farming

(AG Funder News) - It may sound contrarian, but Benjamin Njenga believes that Africa's smallholder farmers are among the richest people in society.

Read More
Analysts raise EU carbon price forecasts as gas rally persists

Reuters) - Analysts have raised their European carbon market average price forecasts in response to persistently high gas prices that encourage electricity generators to use more polluting coal-fired power and increase demand for carbon permits.

Read More
White House Unveils Plan to Recruit Truck Drivers

(Transport Topics News) - The Biden administration is launching a multifaceted program in partnership with industry that aims to expand recruiting efforts in trucking through various efforts, and elevate the appeal of what one senior administration official described as "well-paying, solid careers."

Read More
CropLife 100 and Consolidation: 12 Biggest Ag Retail Deals in the Last 5 Years

(Crop Life) - No other factor impacts our CropLife 100 list of the largest U.S. ag retailers quite like consolidation. Whether it's mega mergers such as three cooperatives joining forces to create one top seven agronomy business, or a major acquisition like the perennial number one retailer purchasing the 42nd biggest retailer in the country, consolidation is a constant force that influences the rankings each year.

Read More
U.S. lawmaker introduces bill to eliminate carbon credits for oil recovery

(Reuters) - California lawmaker Ro Khanna introduced a bill into the U.S. House of Representatives on Monday that would prevent investors from securing carbon capture and sequestration tax credits if the carbon is used to boost oil production.

Read More
Rural Bankers: 83% of Farmers in Solid Cash Position

(AG Web) - For 13 straight months, the rural economy has posted healthy and consistent growth. That's according to the December Rural Mainstreet Index (RMI) from Creighton University.

Read More
Reviving Superfund is Popular, but the Cost to Industry is Considerable

(OilMan Magazine) - That '80s Show known as Superfund is back – and it's anything but super for the oil and gas industry. Formally known as the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), the law enacted in December 1980 established an excise tax on a number of the chemicals used in the petroleum and chemical industries. The money collected went into a trust fund – the Superfund – to offset the cost of remediating abandoned or uncontrolled hazardous waste sites.

Read More
Bayer Lets Farmers Measure Carbon Footprint

(Future Farming) - Bayer, Bushel and Amazon Web Services (AWS) unveiled Project Carbonview. It is to enable farmers to report, analyze and better assess their end-to-end supply chain carbon footprint.

Read More
Ocean Shipping Reform Bill Sails to Passage

(Farm Progress) - A massive influx of federal dollars and COVID-19 changing how consumers purchase goods continues to create bottlenecks at the nation's ports that have trickled down to other segments of the supply chain. With foreign shippers refusing to haul U.S. cargo, new legislation hopes to make the Federal Maritime Commission a more effective federal regulator and hold shippers accountable for their actions.

Read More
Coromandel to set up sulfuric acid plant at Visakhapatnam

World Fertilizer) - Coromandel International has announced the project initiation for setting up a new 1650 tpd design capacity sulfuric acid plant at its fertilizer complex in Visakhapatnam, India. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions).

Read More
LG&E fined for releasing sulfuric acid mist from Mill Creek power plant

(WFPL) - Louisville Gas & Electric has agreed to pay a $750,000 dollar penalty for emitting high levels of sulfuric acid mist into communities surrounding the Mill Creek coal-fired power plant in Louisville.

Read More
From the Farm: Adding Sulfur to Soybeans

(WCIA) – As farmers look to get better yields in soybeans, soybean promotion agencies want them to raise soybeans with higher protein content for better livestock performance. But there is a problem with that: with higher yields, protein levels go in the different direction.

Read More
Carbon credits could offer additional cash flow to farming operations

(AG Week) - ARGO, North Dakota -- When farmers and producers think of ways to garner extra cash flow from their operation, many times adding another form of livestock or perhaps another row-crop to their acres is the first thing that comes to mind. However, there is another way agriculturalists can capitalize funds from their operation: by selling carbon credits.

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