Global Ammonia Industry 2017-Facilitate Decision-Making Based on Strong Historic and Forecast Data
Jan 11, 2018
WiseGuyReports.com adds Exclusive Research on “Global Ammonia Industry ” reports to its database.
PUNE, INDIA - January 11, 2018 /MarketersMedia/ —
WiseGuyReports published new report, titled “Global Ammonia Capacity and Capital Expenditure Review”
Summary
Global Ammonia capacity is expected to experience considerable growth over the next nine years from around 230 mtpa in 2016 to more than 270 mtpa by 2025. More than 90 planned and announced ammonia projects are expected to come online, primarily in Asia and the Middle East over the next nine years. Dangote Group, The Fertilizer Corporation of India Ltd, and Chambal Fertilisers and Chemicals Limited are the top three companies in terms of planned capacity additions during the outlook period.
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Global ammonia capacity is poised to see considerable growth over the next nine years, potentially increasing from 235.4 million tonnes per annum (mtpa) in 2016 to 282.4mtpa in 2025. Around 92 planned projects are slated to come online in the next nine years, primarily in Asia and the Middle East.
A total of seven new ammonia projects were announced since the previous report was published in October 2017. Also two projects were stalled and one project was canceled since the previous report.
Key highlights -
In Asia, India has 14 planned and announced ammonia projects, with a total capacity of about 7.1mtpa by 2022. India’s capital expenditure (capex) for these projects is US$6.08 billion.
In the Middle East, Iran has 23 planned and announced ammonia projects, expected to start operations with a total capacity of about 9.7 mtpa by 2023. Capex for these projects totals US$3.12 billion over the next nine years.
The US has 10 planned and announced ammonia projects, with a capacity of about 4.0 mtpa over the next nine years, and plans to spend US$2.52 billion.
In the Former Soviet Union, the majority of ammonia capacity additions are in Russia, with capacity of about 2.2mtpa by 2022. Capex for these projects totals US$1.93 billion by 2022.
In South America, major ammonia capacity additions are in Peru, with planned and announced capacity additions of about 0.9mtpa by 2019. Capex for these projects totals US$0.15 billion.
In Africa, Nigeria plans to spend US$2.29 billion and add a capacity of about 4.2mtpa, expected to come onstream by 2021.
In Europe, Hungary and Slovakia together plan to spend US$0.37 billion and add a capacity of 0.7 mtpa, expected to come onstream by 2018.
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