Global ammonia capacity is poised to see considerable growth over the five years to 2028, potentially increasing from 238.26 mtpa (million tonnes per annum) in 2022 to 311.02 mtpa in 2030 – a total growth of 30.5%. 114 planned and announced ammonia projects are expected to come online, predominantly in North America, followed by the former Soviet Union (FSU) in the coming years. North America is expected to add a capacity of 26.39 mtpa from 18 new build planned and announced projects. Regarding the expansion of existing ammonia projects, the region is expected to add a capacity of 0.14 mtpa from one announced project.
Within North America, the US leads with the largest capacity additions, with a capacity of 26.63 mtpa from 15 planned and announced projects. The main capacity addition will be from an announced project, the Ascension Clean Energy Donaldsonville Ammonia Plant, with a capacity of 7.20 mtpa. It is expected to commence production of ammonia in 2027.
The FSU follows next with a capacity of 13.11 mtpa from 16 new-build planned projects. As regards the expansion of existing ammonia projects, the region is expected to add a capacity of 0.33 mtpa from two planned projects. The Novatek Yamal Ammonia Plant in Russia leads with a capacity of 2.20 mtpa and is expected to come online in 2030. Further details of ammonia 2023 can be found in GlobalData’s new report, ‘Ammonia Capacity And Capital Expenditure Outlook By Region, Countries, Companies, Feedstock, Projects And Forecast To 2030’.
Source: OFFSHORE TECHNOLOGY