2016 was a transformative year for the North American ammonia industry but, in 2017, the bigger impact will be on the urea industry.
Here's an update on four urea expansions expected on-stream this year and next, which will add almost two million tons of new urea capacity. In the process, they'll reduce the amount of ammonia that's available for sale by more than one million tons.
And, as a bonus, I have news on an embattled "clean coal" project that, in what might be a last gasp attempt at a viable business model, could potentially add another 1.5 million tons of urea in Texas.
SUMMARY STATUS: Concept phase
A regional economic development proposal, seeking an investor. The municipality of Chatham-Kent has spent significant time and money trying to encourage a company to build a new fertilizer plant in this location. In development since 2013. No schedule for future announcements, but progress continues, slowly.
OWNER: Terra International (Canada) Inc (CF Industries Holdings Inc)
PROJECT: Nitrogen production plant
The Courtright plant has been producing ammonia since 1966, with a second plant commissioned in 1985. Originally built by ICI, later acquired by Terra, it is now owned by CF Industries. An expansion of the urea plant is currently under construction.