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Industry News

South Korea's sulphuric acid exports fall in September

(Argus Media) - South Korea's sulphuric acid exports slid by 13pc in September compared with a year earlier, driven by falling deliveries to China and Chile.

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China's state planner says taking steps to ensure fertilizer supplies

(Reuters) - China’s state planner said on Wednesday it will take steps to safeguard fertilizer supplies by improving capacity utilization and rail transport, keeping tabs on import and export trends and strengthening the role of reserves.

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No grain, no sulphur: reduction of cargo traffic in Azov-Don Basin

(Port News) - In almost 10 month of the year, cargo turnover on inland water ways of the Azov-Don Basin decreased by 1 million tonnes versus the same period of 2020. Transportation of agricultural goods and sulphur has reduced by almost a half with the decrease demonstrated by other types of cargo as well. 

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Shippers warned to brace for fuel surcharge rises

(FleetPoint) - Resurgence in fuel prices, set to be passed on by carriers, means cargo owners will have to contend with higher bunker adjustment factors on top of already high freight rates.
Shippers are being warned to prepare for higher bunker adjustment factors on top of already high freight rates as carriers seek to claw back rising fuel costs.

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Green transition needs a wider focus than oil cuts

(Reuters) - Fatih Birol is cracking skulls again. The boss of the International Energy Agency, which represents global power consumers, caused a stink in May with prescriptions for what the world needs to keep global warming to 1.5 degrees Celsius above pre-industrial levels. The implication of his first progress update, ahead of the COP26 gathering, is that the focus of decarbonisation lobbyists may be too narrow.

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Falling spare oil capacity underscores need for more investment, IEA says

(Reuters) - The world's spare oil production capacity which helps smooth the market will fall by the end of 2022 as OPEC+ producers lift output, highlighting the need for more investment to meet rising crude demand, the International Energy Agency said on Thursday.

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Winter chill keeps China's coal prices high, power crunch stokes inflation

(Reuters) - China coal prices held near record highs on Thursday as cold weather swept into the country's north and power plants stocked up on the fuel to ease an energy crunch that is fuelling unprecedented factory gate inflation.

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UAE-based ADNOC shelves plan to build Ruwais refinery

(Zawya) - The Abu Dhabi National Oil Co. has dropped plans to build a 400,000 barrels per day refinery in Ruwais citing changing economic outlook for the project.

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Global copper smelting activity rebounds in September

(Reuters) - Global copper smelting activity rebounded in September as higher treatment charges spurred many smelters to increase output, data from satellite surveillance showed on Monday.

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Is the biggest greenhouse in the US the future of farming?

(CNN) - In the foothills of the Appalachian Mountains, the small town of Morehead is home to the biggest greenhouse in the US. But the facility is more than just an oversized version of a backyard greenhouse; this high-tech operation uses robotics, artificial intelligence (AI) and data to grow up to 45 million pounds of tomatoes per year.

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A novel method for installing sulfur into complex molecules

(Phys) - A group of highly reactive compounds called persulfides have provoked great curiosity among biochemists, because of their role in nature, and how they interact with proteins to change their structure and function, affecting health, aging and disease processes.

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30-minute synthesis of cathode materials for flexible lithium-sulfur batteries

(Eurek Alert) - Foldable mobile phones are gaining popularity these days. As the popularity of such intelligent flexible devices and electric vehicles increases, the demand for high-energy, long-life and fast-charging energy storage systems is increasing.

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CalPERS, Carlyle lead global push on ESG reporting

(Reuters) - A group of global private equity firms and pensions funds managing over $4 trillion in assets said on Thursday they have agreed to standardize reporting on environmental, social and corporate governance (ESG) performance of portfolio companies.

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The workers who keep global supply chains moving are warning of a 'system collapse'

(CNN Business) - Seafarers, truck drivers and airline workers have endured quarantines, travel restrictions and complex Covid-19 vaccination and testing requirements to keep stretched supply chains moving during the pandemic.

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APPEC Carbon-offset crude trade to take time to develop - execs

(Reuters) - More producers and refiners are looking at ways to offset carbon emissions of their crude oil exports to meet future global demand for low-carbon raw materials, although such trades will require time to develop as it remains unclear which parties will bear the decarbonisation costs, industry executives said.

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This Bizarre Region of Ethiopia Is the Definition of an Acid Trip

(Thrillist) - It's no secret that Mother Nature loves to get weird, and man, we love it when she does. But of all the freaky creations she's dreamt up during her 4.5 billion years of existence— god-like mystery monoliths, swirling crimson deserts, oceans that glow--one of the strangest has to be Ethiopia's Danakil Depression.

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In-mouth production of volatile sulfur compounds causes children to dislike Brassica vegetables

(News Medical) - Many children, as well as adults, dislike Brassica vegetables, such as broccoli, cauliflower, cabbage and Brussels sprouts. In the mouth, enzymes from these vegetables and from bacteria in saliva can produce unpleasant, sulfurous odors.

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Lyten introduces next generation lithium-sulfur battery for electric vehicles

(The Press) - Lyten, an advanced materials company, is disrupting the electric vehicle battery industry with the introduction of its LytCell EV™ lithium-sulfur (Li-S) battery platform. This latest Silicon Valley battery innovation is optimized specifically for the electric vehicle (EV) market and is designed to deliver three times (3X) the gravimetric energy density of conventional lithium-ion (Li-ion) batteries.

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Cargill launches new regenerative AG program that pays farmers for improved soil health

(Agriculture) - Cargill has begun enrolling farmers in Cargill RegenConnectTM, a new regenerative ag program that pays farmers for improved soil health and positive environmental outcomes, including payment per metric ton of carbon sequestered.

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Cargill to connect farmers to carbon marketplace

(Future Farming) - Cargill RegenConnect is a new regenerative agriculture program that pays U.S. farmers for improved soil health and positive environmental outcomes, including payment per metric ton of carbon sequestered.

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Member News

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.

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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.

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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.

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Shell ends 2021 on high note, hikes dividend and boosts buybacks

(Reuters) - Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.

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The Mosaic Company Comments on 10-Year High Fertilizer Prices

(The Daily Scoop) - Citing three key factors in today's fertilizer markets, The Mosaic Company says it recognizes fertilizer prices have increased dramatically in the past several months.

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Phillips 66 converting Alliance refinery into terminal

(Oil & Gas Journal) - Phillips 66 has decided to move forward with a plan to transform its 255,000-b/d Alliance refinery on the Mississippi River in Belle Chasse, Plaquemines Parish, La., into a terminal that it will continue to operate as part of its midstream portfolio.

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Qatar energy and ExxonMobil sign Cyprus energy exploration deal

(Reuters) - A consortium consisting of Qatar Energy and ExxonMobil (XOM.N) has signed an agreement with Cyprus for energy exploration and production sharing in Block 5 in the southeast of the island, Qatari News Agency said on Friday.

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Ioneer gets $70 mln from Sibanye for U.S. lithium plant

(Reuters) - Australian lithium supplier ioneer Ltd (INR.AX) said on Thursday it had secured $70 million in funds from South Africa's Sibanye Stillwater (SSWJ.J)through a share placement to begin construction work at one of its mines in the United States.

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Veolia Regeneration Services recognized for HAZMAT safety by rail industry

(Association of American Railroads) The NAR Grand Slam Award is presented annually to companies that are exemplary shippers of hazardous materials. An award winner must have been recognized by at least four Class I railroads and have had zero non-accident releases involving their shipments the previous calendar year. A hazardous materials non-accident release is an unintentional release of a hazardous material while in transportation, but not involving an accident.

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Railroads Recognize Leadership in Hazmat Safety

(Association of American Railroads) The NAR Grand Slam Award is presented annually to companies that are exemplary shippers of hazardous materials. An award winner must have been recognized by at least four Class I railroads and have had zero non-accident releases involving their shipments the previous calendar year. A hazardous materials non-accident release is an unintentional release of a hazardous material while in transportation, but not involving an accident.

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