Q2 Global Ammonia Capacity and Capital Expenditure Review – Iran and India to Drive Global Capacity Growth

Summary

Global ammonia capacity is poised to see considerable growth over the next nine years, potentially increasing from 238.3 million tonnes per annum (mtpa) in 2016 to 278.5 mtpa in 2025. Around 89 planned projects are slated to come online in the next nine years, primarily in Asia and the Middle East. A total of 10 new ammonia projects were announced since the previous report was published in April 2017. Also four projects were stalled and one project was cancelled since the previous report.

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. Capital expenditure (capex) for these projects totals US$2.68 Billion over the next nine years. Major capacity additions will be from Lordegan Petrochemical Company, Pardis Petrochemical Company, Masjed Soleiman Petrochemical Co, Golestan Petrochemical Industry Company, Hormoz Petrochemical Co., and Zanjan Petrochemical Industries Company.

India has 15 planned and announced ammonia projects, with a total capacity of about 7.9 mtpa by 2022. Major capacity additions will be from The Fertilizer Corporation of India Ltd. 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$2.23 Billion. Major capacity additions will be from Cronus Corporation and Ohio Valley Resources LLC.

In South America, major ammonia capacity additions are in Brazil, with planned and announced capacity additions of about 0.7 mtpa by 2019. Capex for these projects totals US$0.37 Billion. In Africa, Nigeria plans to spend US$1.46 Billion and add a capacity of about 3.5 mtpa, expected to come on stream by 2019.

The report “Q2 Global Ammonia Capacity and Capital Expenditure Review – Iran and India to Drive Global Capacity Growth” provides historic and forecast global ammonia capacity by region and details of Ammonia planned plants. Moreover, this report helps to understand the capacity share of the major ammonia producers globally and global ammonia capital expenditure forecast by region.

Scope

– Historic and forecast global ammonia capacity by region
– Ammonia planned plants details
– Global ammonia capacity by feedstock
– Capacity share of the major ammonia producers globally
– Global ammonia capital expenditure forecast by region

Reasons to buy

– Understand key trends in the global ammonia industry
– Understand regional Ammonia supply scenario
– Identify opportunities in the global ammonia industry with the help of upcoming projects and capital expenditure outlook
– Understand the current and likely future competitive scenario.