Yara margins up in slow off-season market

Yara opened a new ammonia terminal in Germany, enabling annual imports of 3 million tonnes of low-CO2 ammonia to support Europe’s hydrogen economy.

Deliveries decreased by 5 per cent compared to 2022, driven by reduced third-party product availability following sanctions on Russia.

In a UK first, a shipment of green fertilizer arrived in Southampton this week.

BASF and Yara will work on the development of a world-scale low-carbon blue ammonia production facility with carbon capture.

ICTSI subsidiary Manila Harbor Center handled 20,000t of urea fertiliser from China earlier this month.

The UK’s Port of Ipswich handled over 1 Mt of exports and imports in the first five months of 2023.