Views:1 Author:Site Editor Publish Time: 2021-10-25 Origin:Site
The high production cost led to the partial closure of ammonia production at OCI's green plant in the Netherlands.CF industries closed two plants in inns and Billingham, UK (the latter will soon resume operation due to the support of the UK government)
Yarra International announced that it would reduce European ammonia production capacity by about 40%
It is reported that fertiberia's management decided to stop production at the Palos De La Frontera plant in Spain from October 1. Due to ongoing investment, its Puerto llano plant is still closed as planned
Ukraine is expected to announce production cuts; Subsequently, opz decided to close one ammonia line and two urea lines on September 18 and confirmed the closure of at least one plant in Ukraine.
Borealis AG, a European fertilizer producer, announced last week that the company is also reducing production and will continue to analyze the situation of each plant.In almost all of these cases, there is either a year-end timetable or no estimate of the recovery of these nuclear power plants at all.
All these have had a chain reaction on the carbon dioxide (CO2) business in the region, in which ammonia production is an important raw material for the manufacture of carbon dioxide.
The continued high price of natural gas is an unknown factor in this crisis. At the time of writing, many analysts and commentators warned that such high prices may continue to play a role in the future.
Europe is in an extreme shortage of energy supply. The depletion of natural gas reserves, the reduction of wind power generation level and the reduction of the contribution of renewable wind power generation have put pressure on the power grid.In order to restore natural gas reserves before the colder and harsher winter, countries are launching a competition. It is even reported that the global demand for liquefied natural gas has increased greatly as Asia has experienced some abnormal cold periods. In this case, the prices of natural gas and electricity are rising every day, making the headlines of business news.
Some estimates show that house prices have risen by 250% since January and 70% in August alone.