Ammonia Market, By Form (Liquid, Gas, and Powder), By Application (Fertilizers, Refrigerants, Cleansing Agents, and Explosives), By End Use Industry (Agriculture, Pharmaceutical, Textile, Chemical, Plastics, Pulp and Paper, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2024

Code : CMI2157

Pages :118

Formats :

Excel and PDF

Industry : Bulk Chemicals

Market News

Recent Developments:

New Product launches:

In February 2024, FuelPositive Corporation is a pioneer in the development of Green Ammonia technology. FuelPositive Corporation is set to launch an on-farm green ammonia system that is designed for multiple applications including use as fertilizer for farming and fuel for grain drying.
In January 2024, Syzygy Plasmonics announced the world's first light-powered reactor cell for industrial chemical reactions which met initial performance targets and is available for order in stacks that is designed to produce up to 5 tons of hydrogen per day. Syzygy has completed more than 1,500 hours of testing of its Rigel cell to produce hydrogen from ammonia. Testing of the first-of-a-kind 200 kg/d light-powered ammonia e-cracking cell began in late 2023 and is ongoing.

Mergers and Acquisition:

In March 2022, Heroya Green Ammonia was launched as a co-operation between Yara International ASA, Aker Clean Hydrogen, and Statkraft, with an aim to decarbonize Yara International ASA's ammonia plant at Heroya in Porsgrunn and for eliminating 800,000 tons of annual carbon dioxide emissions. Yara International ASA is a global crop nutrition company that produces and markets agricultural development and industrial products. The company's activities range from phosphate mining and ammonia production to building local market knowledge and developing customer relationships.