A new carbon dioxide (CO2) supply crisis could be set to emerge in the days and weeks ahead, with the fertiliser industry under strain from soaring natural gas prices and the subsequent effect of plant closures on ammonia production.
CF Industries reportedly closed both its fertiliser plants in the UK today (Thursday).
Closure of the plants, located in Ince, Cheshire and Billingham, Stockton-on-Tees, comes as a result of high natural gas prices, the main feedstock for ammonia production. No estimate has yet been given for when production may resume.
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