Blue ammonia: Woodside scales back investment in Beaumont new ammonia project
Reduced investment likely delays or shrinks new ammonia supply from the Beaumont project.
Source →The trace
How it reaches your house.
Starting from Woodside Energy Group Ltd., we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Woodside Energy Group Ltd. →DelaysBeaumont New Ammonia project
Woodside said it would scale back investment in a lower-carbon ammonia project in the US due to slower demand, so the Beaumont project is likely to come online later or at smaller scale.
“Australia's Woodside Energy on Wednesday trimmed the top end of its annual production forecast and said it would scale back its investment in a lower-carbon ammonia project in the US due to slower demand.”
93% confidenceCited →Yara International ASA →Prices riseWoodside’s pullback likely reduces future ammonia supply, which can lift ammonia feedstock prices for Yara; the effect is moderated by moderate substitutability and the fact this is future capacity, not an immediate sole-source cutoff.
61% confidenceAir Liquide S.A. →Prices easeHop 2
Hydrogen (refinery-grade) →Prices easeIf Beaumont's ammonia project is scaled back, the hydrogen offtake it would have needed is lower, which should pressure demand and pricing for Air Liquide's refinery-grade hydrogen supply; its 20% market share makes the exposure meaningful but not dominant.
57% confidence
Where it lands
What you buy, and what you own.
Goods you buy
No consumer goods on this path.
Companies you may own
Air Liquide S.A.
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