>>Chemicals and fertilizers
>>Europe's fertilizer sector is ...
European fertilizer sector is rapidly growing as a new set of regulations are been introduced on production and usage, with farming subsidies are gradually being reduced and the growers are now majorly focusing on organics. From nitrogen to phosphorus fertilizers, the subsidy levels have seen a gradual decrease as the farmers have reduced using inorganic fertilizers and are now using nature-identical/natural fertilizers.
The Ammonia capacity in Europe is 21 million tonnes. Until recently, European ammonia producers have endured a high feedstock as well as the energy costs, but the gas price has plummeted in recent years due to the new supplies of LNG from North America to Russia. So the European fertilizer sector has released a new module that will allow converting spare ammonia capacity into fertilizer products for the domestic market.
When comes to the usage of phosphorous, approximately 1.3 million tonnes of phosphorus fertilizer was consumed earlier. But now consumption is gradually decreasing. Europe has also announced that cadmium fertilizer usage must be reduced, as it is a heavy metal which is present in most of the phosphate deposits, it is also toxic. Exposure to it is known to cause cancer as well as adversely affects the respiratory system, heart, and intestines of humans. By introducing new regulations, Europe will be reducing the usage of fertilizers which are harmful to humans as well as nature.