https://thecountersignal.com/worlds-largest-chemical-company-cuts-ammonia-production/
Headquartered in Germany, BASF, the world’s largest chemical producer, has stated that it plans to cut ammonia production even further to cope with skyrocketing natural gas prices.
“We are reducing production at facilities that require large volumes of natural gas, such as ammonia plants,†BASF CEO Martin Brudermüller said in a media call.
For those unaware, ammonia is essential in the production of fertilizers, diesel exhaust fluid, and plastics. Moreover, as noted by Reuters, ammonia production also yields “high-purity carbon dioxide (CO2) as a byproduct, which is needed by the meat and fizzy drinks industries†— though BASF doesn’t ship high-purity CO2.
Headquartered in Germany, BASF, the world’s largest chemical producer, has stated that it plans to cut ammonia production even further to cope with skyrocketing natural gas prices.
“We are reducing production at facilities that require large volumes of natural gas, such as ammonia plants,†BASF CEO Martin Brudermüller said in a media call.
For those unaware, ammonia is essential in the production of fertilizers, diesel exhaust fluid, and plastics. Moreover, as noted by Reuters, ammonia production also yields “high-purity carbon dioxide (CO2) as a byproduct, which is needed by the meat and fizzy drinks industries†— though BASF doesn’t ship high-purity CO2.
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