Recent developments
Ammonia and Urea
Portfolios shifted as OCI Global agreed to divest its ammonia distribution assets, advanced a merger with Orascom Construction, and kept the Beaumont New Ammonia project on track despite higher capex. Nigerian capacity is set to scale, with Dangote Group targeting 9 Mt/y of urea and thyssenkrupp Uhde Fertilizer Technology licensing four granulation units.
Low-carbon Ammonia Buildout
Decarbonization accelerated, with Air Products and Yara negotiating participation in the Louisiana Clean Energy Complex and the NEOM green hydrogen project, targeting FIDs by mid-2026. In parallel, Yara advanced its US ammonia strategy, outlining investments and capital discipline through 2030.
Ag Inputs and Strategy
Agrochemical platforms evolved. BASF launched xarvio FIELD MANAGER For Grapes in Europe and prepared a Frankfurt listing for its Agricultural Solutions business as an SE by 2027. Broader industry softness persisted, with Lanxess reporting lower Q3 revenue and further cost measures.
Animal Health Controls
Animal health tools expanded. The FDA conditionally approved Merck Animal Health’s EXZOLT CATTLE-CA1 for systemic control of screwworms and ticks in cattle, with availability from Q1 2026. The EU CVMP issued positive opinions for Boehringer Ingelheim’s H5 avian influenza vaccines featuring DIVA capability.
Sustainable Materials, Bioenergy
Low-impact inputs advanced. Novamont’s Mater-Bi mulch film gained EU certification as an inorganic soil improver under the Fertilizer Regulation, addressing microplastic concerns. Sinopec trialed PBST biodegradable mulch film at Xinjiang cotton fields following its new 60 kt/y plant. EnviTec Biogas’ Philippine project will supply power and bio-fertilizer from poultry manure.