Recent developments
Earnings and strategy
Yara's Q4 and annual results reported higher EBITDA and a return to net income, alongside ongoing cost reductions and a proposed dividend. Yara's 2026 strategy targets additional free cash flow and low-cost, low-emission ammonia growth. Grupa Azoty's multi-year fertiliser deal in Scandinavia supports export stability and volume planning from late 2025.
Herbicide and seed updates
The EPA granted federal registration for BASF's Engenia herbicide for over-the-top use in dicamba-tolerant soybeans and cotton, with stewardship training planned. BASF also introduced new Stoneville cotton varieties with Axant Flex and TwinLink Plus traits; associated herbicide registrations are anticipated for 2026.
Biologicals and materials
BASF moved to acquire AgBiTech, adding NPV virus-based insect control to its BioSolutions portfolio, with emphasis on Brazil. At Plastindia, BASF highlighted the Tinuvin NOR platform and other stabilizers to extend plasticulture film and tank durability for agricultural uses.
Low-carbon ammonia, efficiency
Uniper and AM Green signed a long-term offtake agreement for renewable ammonia up to 500,000 tpa from India starting 2028 to supply European users. NEXTCHEM secured contracts for NX STAMI technologies in China to improve energy efficiency in nitric acid and urea production. A Dangote and XCMG partnership spans mining, petrochemicals, agriculture, and new electric equipment to cut emissions and costs.
Sustainable feedstocks and policy
Arkema, BASF, Jayant, and Solidaridad advanced the Pragati sustainable castor program, reporting higher yields, reduced water use, PPE distribution, and expanded training, including for women. Corteva and bp launched the Etlas joint venture to develop oilseed feedstocks for SAF and renewable diesel using cover and fallow rotations. Nobian joined the EU Critical Chemicals Alliance to frame investment priorities and address trade and capacity risks.