Factbox-Fertiliser-makers cut output on surging gas prices
Reuters
Published Aug 25, 2022 08:01AM ET
(Reuters) - Norway's Yara, one of the world's largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers.
Below are some of the fertiliser producers that have cut their output:
BASF
The world's largest chemical company said in July it was cutting ammonia production further.
It had already cut output at its headquarters in Ludwigshafen and at its large chemical complex in Antwerp, Belgium, in September last year.
CF Fertilisers UK
The UK subsidiary of CF Industries Holdings Inc (NYSE:CF), said on Wednesday it would temporarily halt ammonia production at its Billingham Complex due to high natural gas and carbon prices.
Grupa Azoty
Poland's biggest chemicals firm said on Monday it was halting production of nitrogen fertilisers and cutting ammonium output to about 10% capacity at its Pulawy subsidiary.
It reduced fertiliser production at its Kedzierzyn subsidiary to 43% of capacity as of Wednesday.
PKN Orlen
The Polish refiner's Anwil subsidiary said on Monday it had temporarily halted production of nitrogen fertilisers.
It said it will perform maintenance and other work during the standstill and plans to resume production once the gas market stabilises.
Yara
With its latest cut the company will have lowered its capacity by the annual equivalent of 3.1 million tonnes of ammonia and 4.0 million tonnes of finished products, it said.
Yara's European ammonia capacity use will be about 35% following the change.
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Written By: Reuters
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