India, Russia & Iran to drive global ammonia additions
16 November 2020
The global ammonia capacity is poised to see considerable growth by 2030, potentially increasing from 253.34 million tonnes per annum (mtpa) in 2019 to 289.83 mtpa in 2030, registering a total growth of 23%. India is expected to drive and contribute 18% of the global capacity additions by 2030, says GlobalData, a data and analytics company.
The company’s report, ‘Global Ammonia Capacity and Capital Expenditure Outlook-2020-2030’, reveals that India accounts for the highest capacity additions with the capacity of 9.25 mtpa by 2030. Major capacity additions will be from the Reliance Industries Jamnagar Ammonia Plant with a capacity of 1.50 mtpa by 2030.
GlobalData identifies Russia as the second-highest country in terms of capacity additions with a capacity of 7.77 mtpa by 2030. Major capacity additions will be from the Oteko Krasnodar Ammonia Plant, with a capacity of 2.50 mtpa by 2030.
Iran will be the third-highest country in terms of capacity additions with a capacity of 7.70 mtpa by 2030. Major capacity additions will be from the FALAT RCF GSFC JV Chabahar Ammonia Plant, with a capacity of 1.05 mtpa by 2030.
Dangote Industries Ltd, Oteko, and Nagarjuna Fertilizers and Chemicals Ltd will be the top three companies globally in terms of planned and announced capacity additions over the outlook period.