Rising costs and equipment delays stall green ammonia investment decisions
Fertiglobe CEO Ahmed El-Hoshy told Reuters that higher costs and long equipment lead times are holding back low-carbon ammonia projects.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Rising construction costs, longer equipment procurement times and supply-chain disruptions are slowing final investment decisions on green and low-carbon ammonia projects. Reuters reported these remarks from Fertiglobe CEO Ahmed El-Hoshy at the ADIPEC 2026 event in Abu Dhabi.
According to El-Hoshy, switchgear, transformers and compressors that once arrived within six weeks can now take 40 to 70 weeks. Demand from AI infrastructure and electrification has added pressure. Fertiglobe says its 1 million tonne low-carbon Project Harvest in Ruwais is on track to start in 2027.
He also said disruptions around the Strait of Hormuz add uncertainty, noting that 30% of globally traded urea passes through it.
why it matters
For markets, this suggests the shift to low-carbon ammonia may slow because of costs and logistics, keeping focus on existing fertiliser capacity and supply. Higher interest rates also push investors to seek faster returns.
market impact
Ammonia and fertilisers: project delays and costly equipment support existing capacity
tags
instruments
sources
- Rising costs, equipment delays stall green and low-carbon ammonia FIDs: Fertiglobe CEO — Reuters, 8 November 2026 at 13:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗