Australia Nitric Acid Market, By Product Type (Fuming, Non-Furning), By Grade (Commercial, Specialty), By End User (Explosives, Fertilizers, Others)-

Published In : Apr 2023

Code : CMI3133

Pages :120

Formats :

Excel and PDF

Market News

Australia Nitric Acid Market: Recent Developments

In 2021, Wesfarmers Chemicals, Energy & Fertilisers (WesCEF), announced that it had signed a long term supply agreement with Yara Pilbara Fertilizers, for the supply of ammonia, which is a key ingredient in the production of nitric acid. The agreement is expected to support WesCEF’s long term supply of nitric acid to the Australia Market.
In 2020, Incitec Pivot Limited (IPL), one of the country’s largest fertilizer and explosives manufacturers, announced that it had completed a US$ 750 million upgrade of its nitric acid plant in Queensland. This upgrade increased the plant’s production capacity by 50%, and thus, makes it one of the largest nitric acid plants in the world.