TOPIC PAGE: Sustainability in the fertilizers industry
Updated on 29 November with the latest news headlines.
On this topic page, we gather the latest news, analysis and resources, to help you to keep track of developments in the area of sustainability in the fertilizers industry.
LATEST NEWS HEADLINES
and Navigator strike CO2 transportation and
storage deal in Iowa
By Richard Ewing 29-11-21 LONDON (ICIS)–Iowa Fertilizer Company (IFCo) facility has teamed up with Navigator CO2 Ventures to provide CO2 transportation and storage services on the latter’s carbon capture and storage (CCS) system, the Heartland Greenway, IFCo’s Dutch parent OCI disclosed on Monday.
Lanka revokes ban on imports
By Deepika Thapliyal 24-Nov-21 10:47 LONDON (ICIS)–The private sector will be permitted to import chemical fertilizers including urea, nitrates, phosphates and potash from today, Agriculture Minister Mahidananda Aluthgamage said.
major Yara launches world’s first electric and
self-propelled container ship
By Richard Ewing 19-11-21 LONDON (ICIS)–The world’s first electric and self-propelled container ship – Yara Birkeland – on Friday made its maiden voyage in the Oslo fjord, Norwegian fertilizer major Yara announced.
By Richard Ewing 12-Nov-21 12:11 LONDON (ICIS)–Australia’s Woodside said Friday it had secured land for its proposed H2TAS hydrogen plant, as the energy producer looks to develop large-scale production of green (renewable) hydrogen and ammonia.
By Richard Ewing 11-Nov-21 12:50 LONDON (ICIS)–Australia’s Fortescue Future Industries (FFI) on Thursday announced that a high-tech vessel powered almost completely by green ammonia will hit the water in 2022.
EU CARBON BORDER ADJUSTMENT MECHANISM (CBAM) EXPLAINED
What is it?
The risk of carbon leakage frustrates the EU’s efforts to meet climate objectives. It occurs when companies transfer production to countries that are less strict on emissions, or when EU products are replaced by more carbon-intensive imports.
This new mechanism would counteract this risk by putting a carbon price on imports of certain goods from outside of the EU.
How will it work?
EU importers will buy carbon certificates corresponding to the carbon price that would have been paid, had the goods been produced under the EU’s carbon pricing rules.
Conversely, once a non-EU producer can show that they have already paid a price for the carbon used in the production of the imported goods, the corresponding cost can be fully deducted for the EU importer.
This will help reduce the risk of carbon leakage by encouraging producers in non-EU countries to make their production processes greener.
A reporting system will apply from 2023 with the objective of facilitating a smooth roll out and to facilitate dialogue with non-EU countries. Importers will start paying a financial adjustment in 2026.
How is the fertilizer industry affected?
The fertilizer industry is one of the sectors to fall under the CBAM.
The more energy-intensive nitrogen fertilizers will be affected most in the sector by the mechanism.
DEFRA CONSULTATIONS EXPLAINED
The UK’s Department for Environment, Food & Rural Affairs (DEFRA) launched a consultation at the beginning of November 2020 on reducing ammonia emissions from urea fertilizers. The consultation ran until 26 January 2021.
It set out three options for tackling ammonia emissions:
- A total ban on solid urea fertilizers
- A requirement to stabilise solid urea fertilizers with the addition of a urease inhibitor.
- A requirement to restrict the spreading of solid urea fertilizers to between 15 January and 31 March of a given year.
Liquid urea is excluded from any new rules or restrictions.
DEFRA is currently analysing the feedback received. Should it decide to restrict the use of urea, that would leave growers with just ammonium nitrate-based fertilizers.
PREVIOUS NEWS HEADLINES