A New Era

The nitrogen industry has undergone significant change, as higher global natural gas prices are influencing production patterns while rising construction costs are making greenfield capacity less attractive. With rising global demand for energy, these factors are removing a degree of volatility from the nitrogen market.

Nitrogen remains very important to the world’s farmers. It enhances yield and quality in plants and is essential to the development of animal proteins, ribonucleic acid (RNA) and deoxyribonucleic acid (DNA) and maturation. As an industrial product, it is used in plastics, resins, pharmaceuticals and adhesives.