2/18/2021
By Rod Nickel
WINNIPEG, Manitoba, Feb 18 (Reuters) - Global sales of
potash fertilizer look to hit record highs this year, helped by
a spike in crop prices, but cautious North American producers
are keeping a lid on supplies.
Canada s Nutrien Ltd and U.S.-based Mosaic Co
have benefited as crop prices climbed to multi-year
highs, helped by strong Chinese demand. We believe there is a cyclical recovery in agriculture
underway, Nutrien Chief Executive Chuck Magro said on a
conference call.
As crop prices rise, farmers have greater incentive to apply
fertilizer and maximize yields.
Nutrien predicts the largest U.S. corn plantings in five
Nutrien Swings to 4Q Profit as Agricultural Market Conditions Improve — Earnings Review
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Facing green push on farm, fertilizer makers look to sea for growth
2/15/2021
Two of the world s biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships.
The consumption of oil for transportation is one of the top contributors to global greenhouse gas emissions that cause climate change, and fertilizer producers join a growing list of companies adjusting their business models to profit from a future lower-carbon economy.
By altering the production process for ammonia normally used for fertilizer, the companies told Reuters they can produce hydrogen for fuel or a form of carbon-free ammonia used either as a carrier for hydrogen or as a marine fuel to power cargo and even cruise ships.
Facing green push on farm, fertilizer makers look to sea for growth
Two of the world’s biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships.
The consumption of oil for transportation is one of the top contributors to global greenhouse gas emissions that cause climate change, and fertilizer producers join a growing list of companies adjusting their business models to profit from a future lower-carbon economy.
By altering the production process for ammonia normally usedfor fertilizer, the companies told Reuters they can producehydrogen for fuel or a form of carbon-free ammonia usedeither as a carrier for hydrogen or as a marine fuel topower cargo and even cruise ships.
Two of the world's biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships.The consumption of oil for transportation is one of the top contributors to global greenhouse gas emissions that cause climate change, and fertilizer producers join a growing list of companies adjusting their business models to profit from a future lower-carbon economy. By altering the production process for ammonia normally usedfor fertilizer, the companies told Reuters they can producehydrogen for fuel or a form of carbon-free ammonia usedeither as a carrier for hydrogen or as a marine fuel topower cargo and even cruise ships.
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