Japan Programmatic Ad Seller Quality Rankings Q3 2024: Google AdExchange No. 1 on Pixalate’s Web Seller Trust Index; Verve No. 1 on Mobile
Ammonia Market Industry Overview, Market Share, Leading Players, Regional Overview and Growth Prospects Report 12-04-2024 09:48 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Browse 225 market data Tables and 54 Figures spread through 231 Pages and in-depth TOC on "Ammonia Market" The ammonia market is poised for steady growth, driven by its vital role in agriculture as a key fertilizer component and expanding demand in industrial applications. Innovations in green ammonia production and rising adoption in renewable energy sectors further bolster its future prospects. The global ammonia market size [ https://www.marketsandmarkets.com/Market-Reports/ammonia-market-252376175.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=ammonia ] is projected to grow from USD 79.47 billion in 2024 to USD 91.95 billion by 2029, at a CAGR of 3.0% during the forecast period. The ammonia market is expanding as it is essential to the transition to sustainable and clean energy. Green and blue ammonia are becoming important for decarbonizing industries like shipping, electricity production, and agriculture. Ammonia has the potential to be a direct zero-carbon fuel in sectors like marine transportation. The usage of ammonia in fertilizers continues to drive the ammonia market, despite the world's growing need for food. Thus, ammonia is increasingly playing a crucial role in helping to meet climate targets and facilitate the switch to sustainable energy sources. A few of the major players are CF Industries Holdings, Inc. (US), Yara International ASA (Norway), OCI Global (Netherlands), BASF SE (Germany), and Nutrien (Canada). These players have implemented various growth strategies, such as product launches, collaborations, partnerships, acquisitions, and expansions to enhance their market shares and boost their product portfolios. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252376175 [ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252376175&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=ammonia ] CF Industries Holdings, Inc., founded in 1946 is the largest global ammonia producer. CF Industries was established in 1946 as Central Farmers Fertilizer Company and became CF Industries in 1970. The company manufactures ammonia and ammonia-derived products at nine production facilities. The company's primary product is anhydrous ammonia, composed of 82% nitrogen and 18% hydrogen. From this, CF Industries produces nitrogen-based products such as granular urea, urea ammonium nitrate solution (UAN), and ammonium nitrate (AN). It offers other nitrogen products like diesel exhaust fluid (DEF), urea liquor, nitric acid, and aqua ammonia, which are mainly supplied to its industrial customers. The company produces between 9.5 and 10 million tons of ammonia annually at its manufacturing facilities, with a portion of ammonia sold directly to agricultural and industrial customers. Yara International ASA was established in 1905 and headquartered in Oslo, Norway. It is a global leader in crop nutrition, ammonia production, and essential industrial solutions. Yara operates through the following segments: Europe, Americas, Africa & Asia, Global Plants & Operational Excellence, Clean Ammonia, and Industrial Solutions. The Global Plants & Operational Excellence segment manages Yara's largest and export-focused production facilities, including those at Porsgrunn and Sluiskil. The Industrial Solutions segment offers nitrogen-based solutions and services across various industries. The Clean Ammonia segment oversees Yara's Ammonia Sales and Logistics operations, playing a key role in optimizing production capacity. This segment also leads Yara's efforts to explore renewable and low-carbon ammonia projects. The company operates over 10,800 Yara-branded retail outlets across more than 60 countries and has sales in 140 countries. Yara's infrastructure includes 26 production sites, terminals, warehouses, blending units, and bagging facilities worldwide. OCI Global founded in 2013, is a leading global producer and distributor of hydrogen products, supplying fertilizers, fuels, and feedstock to agricultural, transportation, and industrial customers worldwide. The reportable segments are Methanol US, Methanol Europe, and Nitrogen Europe. The company has a production capacity of 16.81 million metric tons per year. It operates across four continents, producing ammonia, nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid, and other nitrogen products. Its production facilities are situated in the United States, the Netherlands, the United Arab Emirates, Egypt, and Algeria. In 2023, OCI Global produced 1,898.2 thousand metric tons of ammonia. BASF SE founded in 1865, is one of the prominent chemical manufacturing companies in Europe. Its business is divided Into six segments, namely, Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, and Agricultural Solutions. In BASF's Materials segment, there are two divisions: Monomers and Performance Materials. In BASF's Materials segment, the two divisions are Monomers and Performance Materials. The Monomers division includes products such as isocyanates (MDI, TDI), ammonia, caprolactam, adipic acid, chlorine, urea, glues and impregnating resins, caustic soda, polyamides 6 and 6.6, standard alcoholates, sulfuric acid, and nitric acid. The annual capacity for ammonia in this division is 1,370,000 metric tons. BASF operates in 93 countries and has 234 production sites around the world. Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=252376175 [ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252376175&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=ammonia ] Nutrien founded in 2018, is a leading provider of crop inputs and services. The company operates a top-tier, integrated network of production, distribution, and agricultural retail facilities, enabling customers to efficiently meet the needs of growers. Nutrien Ag Solutions is the subsidiary of the company which is the retail business of the company, handling distribution of farming supplies and fertilizers. It has four reportable segments, namely, Retail, Potash, Nitrogen, and Phosphate. Nutrien is the world's third-largest producer of nitrogen, with a gross ammonia capacity exceeding seven million tons and the capability to produce over 11 million tons of total nitrogen products across the US, Canada, and Trinidad. Textile accounts for the second-largest share of the ammonia market by end-use industry Ammonia is used in the textile industry for fabric finishing and dyeing, along with the production of synthetic fibers such as nylon and polyester. According to the Indian Chamber of Commerce, the global apparel market is expected to reach USD 2.6 trillion by 2025, with an estimated growth rate of 4%. The expansion will primarily be fueled by emerging economies, especially China and India, which are anticipated to achieve double-digit growth rates. China is expected to emerge as the largest apparel market, with an addition of over USD 378 billion to its market size by 2025. India is forecasted to be the second largest market, with an estimated increase of around USD 121 billion. Europe accounted for the second largest share in the global ammonia market Europe has major market players such as Yara International ASA in Norway, OCI Global Netherlands, BASF SE in Germany, and EuroChem Group in Switzerland among others. These companies are the leading producers of ammonia and remain involved in the development of both typical and green ammonia solutions and importantly drive the sulfate of the European ammonia market. Yara International ASA is a leading global producer of ammonia and fertilizers involved in green ammonia investments. Yara has the European environmental standards and the policy of the European Green Deal, which plans to reach the level of carbon neutrality during 2050. Yara is setting up an industry benchmark through the production of green ammonia through renewable energy sources. This accelerates the pace of the transition to sustainable ammonia throughout Europe. Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=252376175 [ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=252376175&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=ammonia ] The companies have initiated the following developments: * In August 2024, OCI Global entered into a binding equity purchase agreement to sell 100% of its equity interests in the 1.1 million metric tons Clean Ammonia project, currently under construction in Beaumont, Texas to Woodside Energy Group Ltd. The transaction follows a competitive process, with the agreed purchase price set at USD 2.35 billion on a cash-free, debt-free basis. * In July 2024, CF Industries Holdings, Inc. announced plans to advance a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, facility, aimed at reducing carbon dioxide (CO2) emissions by up to 500,000 metric tons per year. The company entered into a definitive commercial agreement with ExxonMobil for the transport and permanent geological storage of the captured CO2, with sequestration expected to begin in 2028. As part of the project, CF Industries will invest approximately USD 100 million to construct a CO2 dehydration and compression unit at the Yazoo City Complex. This unit will capture and store up to 500,000 metric tons of CO2, a byproduct of ammonia production. * In July 2024, CF Industries Holdings, Inc. and POET LLC, the world's largest biofuel producer and a leader in sustainable bioproducts, announced a collaboration to test the use of low-carbon ammonia fertilizer to lower the carbon intensity of corn production and ethanol. * In May 2024, Yara Clean Ammonia and Greenko ZeroC, the green ammonia production division of India's AM Green, signed a term sheet for the supply of renewable ammonia from Phase 1 of AM Green's production facility in Kakinada, India. * In May 2024, BASF SE introduced its first biomass-balanced products within its ammonia and urea portfolio. * In May 2024, BASF SE and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, partnered to market ammonia, methanol, and melamine plants situated at BASF's Verbund site in Ludwigshafen, Germany. * In April 2024, CF Industries Holdings, Inc. and JERA Co., Inc., Japan's largest energy company, announced the signing of a joint development agreement (JDA) to explore the creation of new low-carbon ammonia production facilities at CF Industries' Blue Point Complex in Louisiana. * In March 2024, BASF SE launched AdBlue ZeroPCF marking the introduction of the first AdBlue product with a reduced carbon footprint. * In March 2024, Yara and GHC SAOC, a fully owned subsidiary of Acme Cleantech, a prominent renewable energy company in India, entered into a firm and binding agreement for the long-term supply of low CO2 emission ammonia from Acme to Yara. Media Contact Company Name: MarketsandMarkets Trademark Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=ammonia-market-industry-overview-market-share-leading-players-regional-overview-and-growth-prospects-report ] Phone: 18886006441 Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website: https://www.marketsandmarkets.com/Market-Reports/ammonia-market-252376175.html This release was published on openPR.
Writers Guild of America this week sent a letter to major Hollywood studios asking them to take action against tech companies that are using writers’ work to train AI tools without their permission. “The studios, as copyright holders of works written by WGA members, have done nothing to stop this theft,” the guild’s leadership said in a letter. “They have allowed tech companies to plunder entire libraries without permission or compensation. The studios’ inaction has harmed WGA members.” The guild said its collective bargaining agreement requires studios “to defend their copyrights on behalf of writers” and urged studios to “take immediate legal action against any company that has used our members’ works to train AI systems.” The letter was sent to studios including Netflix, Warner Bros. Discovery, Walt Disney Co., Paramount Global, NBCUniversal, Sony Pictures and Amazon MGM Studios. Representatives from those studios either declined to comment or didn’t respond to requests for comment. WGA’s letter referenced an Atlantic article last month that reported that subtitles from thousands of movies and TV episodes were included in an AI-training data set used by companies including Facebook parent company Meta and San Francisco-based AI company Anthropic. Anthropic and Meta did not immediately return a request for comment. The WGA letter comes as some studios are in discussions with tech companies that are developing AI tools. In September, “Hunger Games” studio Lionsgate announced a partnership with AI startup Runway. Under that deal, Runway will create a new AI model for Lionsgate to help with behind-the-scenes processes such as storyboarding. Other major Hollywood studios have yet to publicly announce deals, in part because AI is a complicated landscape where regulations and legal questions surrounding the technology are still evolving. There are also questions over how studio libraries should be valued for AI purposes and concerns about protecting intellectual property.Who killed UnitedHealthcare's CEO? What we know about the suspect on the runCrypto trading volume topped $10 trillion for the first time ever in November on election bullishness
AUSTIN, Texas — More people are finding permanent homes through the city's homeless shelter program. The Homeless Strategy Office says its Marshalling Yard Emergency Shelter is now seeing twice as many successful exits as it did a year ago. Nearly 30% of people who stay at the shelter are now moving into permanent housing. That's up from just 15% last year. In total, 184 people have found homes through the program. The city is also making changes to how people get into its shelters. If you or someone you know needs help, the Sunrise Homeless Navigation Center is now the main point of contact. It handles the waitlist for both the ARCH, which serves men, and the Eighth Street Shelter, which serves women and transgender clients. Meanwhile, the Marshalling Yard prioritizes clients referred through city-initiated efforts, such as the closure of homeless encampments in high-risk areas. The Northbridge and Southbridge Shelters, which have been converted from hotel properties, will also remain in operation. Intake for those shelters will come from the city’s Housing-Focused Encampment Assistance Link, or HEAL, Initiative. Next week, the city council will vote on keeping the Marshalling Yard Shelter open through the end of next year. “I am incredibly proud of our team's remarkable efforts to improve the positive exit rate from the Marshalling Yard Emergency Shelter,” said David Gray, homeless strategy officer. “These significant improvements underscore our commitment and ability to help individuals transition from homelessness to stable housing. Additionally, we are pleased to announce that we have a pathway for the temporary shelter to remain open until we secure a permanent replacement, ensuring that no one in need is left without support during this critical time. Together, we are creating lasting change for our community and empowering individuals to move forward with hope and stability.” Those interested in the referral process are asked to contact the Sunrise Homeless Navigation Center at 512-522-1097.LONDON, Dec 4 (Reuters) - The French government collapsed on Wednesday after losing a no-confidence vote, thrusting the euro zone's second-largest economy further into political crisis, and threatening its capacity to legislate and repair its precarious finances. This is the first French government to be forced out by a no-confidence vote since 1962. The euro showed little immediate reaction, trading around $1.0517 against the dollar, but dipping against other European currencies, such as the Swiss franc and the pound . French stock and bond futures nudged up modestly. The country's bonds and stocks have come under selling pressure from the escalating crisis in recent days, with the closely-watched gap, or spread, between 10-year French and German bond yields rising to as much as 90 basis points, its widest since the height of the euro zone debt crisis in 2012. COMMENTS: JAMES ATHEY, FIXED INCOME MANAGER, MARLBOROUGH, LONDON: “This was not an unexpected event.” “But it is going to nag at investors until we have clarity and we can’t have clarity until July.” “Austerity is better from a pure OAT investor perspective but it is likely to reduce support for the centre (parties) and that reduces the chances of a market-friendly outcome in an election next summer.” “There’s nothing likely to make the outlook materially worse in the short term and (French bond risk premia) is likely to chop around in the range it has been.” “When we get into the new year and people take a fresh look it could drift wider.” MATHIEU SAVARY, CHIEF INVESTMENT STRATEGIST, BCA RESEARCH, MONTREAL: "Paralysis will remain the dominant feature of French politics for the next two years, which means that the debt is unlikely to be fundamentally addressed. So we will remain in an environment of volatility around French bonds. That to me means there is still not enough protection embedded in the current level of spreads. So that's why I don't recommend my clients buy French bonds. I think Spanish bonds are more attractive. If we move to 100 bps in terms of spreads here, based on my conversations with investors, it's likely that we'll see a bit of a rally in French bonds at this level, but very short-lived, it's not the end of the travail. We'll remain in that 'elevated spread and high volatility' no matter what. So that's why I'm not keen on French bonds at all." "The potential threat rather to the credit rating of France is something that will keep investors at bay and prevent a significant narrowing (in the risk premium). Because here, the odds that France is being downgraded are rising since the political paralysis means that anything meaningful, any meaningful moves to decrease the deficit, will be challenged." NICK REES, SENIOR FX MARKET ANALYST, MONEX EUROPE, LONDON: “I’m amazed the euro hasn’t moved much. The French government has collapsed. It should be lower.” “There are two major powers in Europe, France and Germany, both of which right now are emasculated.” “I don’t see that as a good position to be in when (U.S. President-elect Donald) Trump is coming into office and probably going to hit Europe with tariffs. I don’t like that risk environment and the euro shouldn’t like that risk environment. It should be trading a lot lower.” “Some of this was expected but markets haven’t got around to the realisation that is really bad.” “This is a big blow to sentiment in France and that will be negative for growth.” Sign up here. Reporting by Naomi Rovnick and Amanda Cooper; Editing by Ira Iosebashvili Our Standards: The Thomson Reuters Trust Principles. , opens new tab
LAWRENCEVILLE, N.J. (AP) — CJ Luster II's 20 points helped Stony Brook defeat Rider 72-55 on Saturday. Read this article for free: Already have an account? To continue reading, please subscribe: * LAWRENCEVILLE, N.J. (AP) — CJ Luster II's 20 points helped Stony Brook defeat Rider 72-55 on Saturday. Read unlimited articles for free today: Already have an account? LAWRENCEVILLE, N.J. (AP) — CJ Luster II’s 20 points helped Stony Brook defeat Rider 72-55 on Saturday. Luster shot 7 for 11, including 6 for 9 from beyond the arc for the Seawolves (3-7). Joseph Octave scored 14 points, shooting 5 for 12 (1 for 4 from 3-point range) and 3 of 4 from the free-throw line. Ben Wight shot 5 of 7 from the field to finish with 12 points. The Seawolves snapped a five-game losing streak. Jay Alvarez led the Broncs (4-7) in scoring, finishing with 13 points and two steals. Rider also got 13 points, four assists and two steals from Aasim Burton. Tariq Ingraham also had seven points. Stony Brook took the lead with 4:48 left in the first half and did not relinquish it. Luster led their team in scoring with 12 points in the first half to help put them up 34-24 at the break. Stony Brook extended its lead to 50-33 during the second half, fueled by a 12-0 scoring run. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
Stony Brook wins 72-55 against RiderNone