18 Sep 2019
in Oil & Gas
Dangote Industries to lead global ammonia capacity growth between 2019 and 2030
Dangote Industries is expected to deploy four planned plants by 2030, the highest among all the operators globally, according to GlobalData, a leading data and analytics company.
The company’s report, ‘Global Ammonia Capacity and Capital Expenditure Outlook, 2019 – Asia and the Middle East to Lead Globally in Terms of Ammonia Capacity Additions’ reveals that globally, 103 planned and announced plants are expected to start operations between 2019 and 2030. Of these, 61 are planned ammonia plants and 61 are announced plants.
Dangote Industries is expected to add a capacity of 2.90 million tonnes per annum (mtpa) from four planned plants, contributing around 6% of global growth by 2030. ‘Dangote Group Agenebode Ammonia Plant 1’, ‘Dangote Group Agenebode Ammonia Plant 2’, ‘Dangote Group Lekki Ammonia Plant 1’ and ‘Dangote Group Lekki Ammonia Plant 2’ are the four planned plants in Nigeria accounting for the entire capacity growth of ammonia by 2030.
Dayanand Kharade, Oil and Gas Analyst at GlobalData, comments: “Domestic producers in Africa are set to have large capacity additions, primarily targeting the region’s increasing fertilizer demand and reducing the dependence on imports.”
GlobalData identifies Oteko as the second highest capacity contributor among the global companies in terms of capacity additions from planned and announced ammonia plants by 2030. The entire capacity addition will be from an announced plant, Oteko Krasnodar Ammonia Plant, which is expected to start operations by 2030 with a capacity of 2.50 mtpa.
After Oteko, Nagarjuna Fertilizers and Chemicals Ltd stands third, contributing a capacity of 2.05 mtpa from one planned plant and two announced plants by 2030.