KSA’s Ma’aden sends first blue ammonia shipment to Bulgaria’s Agropolychim

Ma’aden delivers first blue ammonia shipment to Europe: Saudi mining company Ma’aden has delivered its first blue ammonia shipment to Europe through the Black Sea port in Bulgaria, the company said last Tuesday. The shipment — purchased by Bulgaria’s leading fertilizer producer Agropolychim — is part of the company’s efforts to provide low-carbon fertilizers for the European market. Ma’aden did not disclose details on the amount of blue ammonia shipped or the financial value of the agreement.

Some details have emerged: The size of the blue ammonia shipment is estimated at 25k tons, according to global fertilizer prices and analysis provider Profercy. Two more 25k ton shipments of blue ammonia are expected to arrive from Saudi Arabia under an agreement signed in May between Ma’aden and US-based trading and logistics firm Trammo to deliver the first certified commercial blue ammonia shipment to Europe in 2023.

REMEMBER- Ma’aden is racking up blue ammonia agreements: The company signed an agreement in May with Indian agricultural chemical maker Coromandel International Ltd for the supply of low-carbon blue ammonia. Its shipment to India followed its first shipments of low-carbon blue ammonia to Chinese petrochemical producer Shenghong Petrochemicals in May as part of an agreement to supply 25k tons of ammonia. The company has shipped 138k tons of blue ammonia products to countries including Korea, China, Japan, India, Thailand, and the EU since last year.