Fertiglobe

What Fertiglobe does

Fertiglobe PLC is a UAE-based nitrogen fertilizer and clean ammonia producer headquartered at Al Maryah Island, Abu Dhabi, majority-owned by ADNOC (86.2% since October 2024) and listed on the Abu Dhabi Securities Exchange under the ticker FERTIGLB. The company operates four production facilities — Fertil in Ruwais (UAE), EFC and EBIC in Ain Sokhna (Egypt), and Sorfert in Arzew (Algeria) — with combined annual production capacity of 6.6 million tons of urea and merchant ammonia, making it the world's largest seaborne exporter of these products combined and the largest nitrogen producer in the MENA region. Its product portfolio spans granular urea (46% nitrogen content), merchant ammonia (building block for industrial chemicals and direct fertilizer application), Diesel Exhaust Fluid (AdBlue), and emerging sustainable ammonia grades including renewable ammonia (electrolysis-based, produced in Egypt) and low-carbon ammonia (CCS-enabled, produced in the UAE). Fertiglobe shipped the world's first ISCC PLUS-certified renewable ammonia in 2023 and operates the UAE's first CCS facility at Fertil-2.

The company generates revenue primarily through commodity-priced spot and contract sales of urea and merchant ammonia to agricultural customers, industrial chemical manufacturers, and (increasingly) clean-energy offtakers across 53 countries, supported by an in-house chartering team managing freight for 4.7 million tons of urea and 850,000+ metric tons of urea warehousing plus 225,000 metric tons of ammonia storage. Distribution is increasingly direct: the October 2025 acquisition of Wengfu Australia added 700-800kt of annual fertilizer distribution across five Australian ports and eight warehouses serving over 200 customers. The current strategic agenda, encapsulated in the Grow 2030 Strategy, targets over $1 billion in EBITDA by 2030 via expansion into low-carbon and renewable ammonia (Ruwais 1 GW green hydrogen FID in March 2025 with ADNOC, Masdar, ADQ, and TAQA; TA'ZIZ 1 mtpa low-carbon ammonia facility; Egypt Green 100MW green hydrogen project), downstream distribution buildout, and contracted offtakes with H2Global (renewable ammonia to Europe at €1,000/ton from 2028), Mitsui (Asian markets), and Covestro (industrial chemicals decarbonization). FY2025 revenue was $2.827 billion with adjusted EBITDA of $1.02 billion (+57% YoY), and Q1 2026 revenue reached $915 million (+32% YoY) with net profit of $197.9 million (+173% YoY) on urea prices averaging $697/ton.

Name

Fertiglobe

Legal name

Fertiglobe PLC

Website

https://fertiglobe.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Fertiglobe is the world's largest seaborne exporter of urea and ammonia, operating four production facilities in the UAE, Egypt, and Algeria with 6.6 million tons of capacity. Majority-owned by ADNOC, it serves agricultural, industrial, and clean-energy customers across 53 countries, and is expanding into renewable and low-carbon ammonia.

Ownership category

akta.pro rank

Product category

Nitrogen Fertilizers and Clean Ammonia

NAICS

Nitrogenous Fertilizer Manufacturing (325311), Fertilizer (Mixing Only) Manufacturing (325314)

akta.pro primary industry

Nitrogen Fertilizers (Ammonia, Urea, UAN, Ammonium Nitrate/Sulfate) (AFABABAA)

akta.pro secondary industries

Fertilizer Application Services & Equipment (Spreading, Injection, Variable-Rate Application) (AFABABAK), Bio-based Fertilizers, Soil Amendments & Biostimulants (Digestate-derived, biochar-based inputs) (EUAAAIAH)

Keywords

• Nitrogen fertilizers
• Urea production
• Merchant ammonia
• Clean ammonia
• Diesel exhaust fluid

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Urea Sales: Sale of granular urea - the world's most traded nitrogen fertilizer by volume. Primary agricultural customers globally. Production capacity of 6.6 million tons combined urea and merchant ammonia.
2. Merchant Ammonia Sales: Sale of merchant ammonia used as building block for industrial chemicals, nitrogen fertilizers, and direct fertilizer application. Currently ~10% of produced ammonia is traded as merchant ammonia.
3. Diesel Exhaust Fluid (DEF): Production and sale of DEF (AdBlue) - non-hazardous urea solution for reducing diesel vehicle emissions. Annual DEF production capacity exists at facilities.
4. Low-Carbon and Renewable Ammonia: Emerging revenue stream from low-carbon ammonia (using CCS) and renewable ammonia (using electrolysis). Egypt Green project secured H2Global contract for 40,000+ tons/year supply to EU from 2028. TA'ZIZ 1 mtpa low-carbon ammonia facility under construction.
5. Fertilizer Distribution (Australia): Through Fertiglobe Australia, distributes 700-800kt of fertilizers annually to over 200 customers across east coast of Australia including cropping, horticulture, pasture, legumes, forestry, fruit and nut markets.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Fertiglobe manufactures and globally distributes nitrogen-based fertilizers and ammonia products. Its core offerings include Granular Urea (the most traded nitrogen fertilizer globally), Merchant Ammonia (a building block for industrial chemicals and fertilizers), and Diesel Exhaust Fluid (DEF/AdBlue). It is also an early mover in clean ammonia, producing Renewable Ammonia via electrolysis of renewable electricity in Egypt and Low-Carbon Ammonia using carbon capture and storage in the UAE.

Product overview

Fertiglobe operates as a diversified nitrogen fertilizer and clean ammonia solutions company with a portfolio of five core and sustainable products. The core product line includes Granular Urea (solid nitrogen fertilizer at 46% nitrogen content), Merchant Ammonia (building block for industrial chemicals and direct fertilizer application), and Diesel Exhaust Fluid (DEF/AdBlue for diesel engine emissions reduction). These are complemented by sustainable ammonia products: Renewable Ammonia produced via electrolysis at Egyptian facilities, and Low-Carbon Ammonia from UAE operations using carbon capture and storage. The company is developing major projects including the Egypt Green 100MW green hydrogen facility (Africa's first integrated green hydrogen and ammonia plant) and the TA'ZIZ 1,000 ktpa low-carbon ammonia facility in UAE. Fertiglobe Australia, acquired in October 2025, extends distribution capabilities across Australia with 700-800kt annual fertilizer distribution through five ports and eight warehouses.

Differentiator

Problem solved

Functional benefit

Brands

• Fertiglobe Australia: Strategically located across five ports with eight warehouses, Fertiglobe Australia distributes 700-800kt of fertilizers annually to over 200 customers, with capacity to scale up to 1.1 million tons per annum.

Products and services

• Granular Urea A solid white crystalline fertilizer with approximately 46% nitrogen content, produced at high pressure and temperature from the reaction of ammonia and carbon dioxide. It has the highest nitrogen content of any solid nitrogen fertilizer and is the most traded nitrogen fertilizer globally by volume.
• Merchant Ammonia A colorless gas with the highest energy density among non-hydrocarbon products, produced by combining nitrogen (82%) and hydrogen. It serves as a building block for industrial chemicals and nitrogen fertilizers and can be applied directly as fertilizer.
• Diesel Exhaust Fluid (DEF / AdBlue) A non-hazardous aqueous urea solution (approximately 67.5% deionized water and 32.5% urea) used to reduce harmful NOx, carbon monoxide, hydrocarbon, and particulate emissions from diesel engines, improving vehicle fuel economy by approximately 5%.
• Renewable Ammonia Ammonia produced using hydrogen from electrolysis powered by renewable electricity at Fertiglobe's Egyptian facilities. Fertiglobe is among a few global producers using this method.
• Low-Carbon Ammonia Ammonia produced with low-carbon hydrogen from natural gas combined with carbon capture and storage. Fertiglobe has produced and shipped several test cargoes of low-carbon ammonia from its UAE facilities.
• Fertiglobe Australia Fertilizer Distribution Distribution of 700-800kt of fertilizers annually to over 200 customers across Australia's east coast, with capacity to scale up to 1.1 million tons per annum. Manufactures and sources granular fertilizers, compound granular fertilizers, trace elements, technical grade fertilizers, and liquids for cropping, horticulture, pasture, legumes, forestry, fruit and nut markets.

Quantifiable outcome

• Q1 2026 net profit surged 173% to $197.9 million on 32% revenue increase to $915 million
• +5 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and flagship.

• ScateccoreStrategic or Co-development Partner · 6 May 2026Strategic equity partnership for Egypt's Obelisk green hydrogen project in Suez Canal Economic Zone. Fertiglobe serves as primary off-taker for green hydrogen converted to green ammonia. Project transitioning from pilot to large-scale industrial development.
• Covestro, TA'ZIZflagshipStrategic or Co-development Partner · 6 February 2026MoU signed February 2026 during German Chancellor's visit to explore ammonia supply collaboration. Fertiglobe to supply ammonia to Covestro's sites in China and the US. Assessment of longer-term arrangements using low-carbon and green ammonia. Follows XRG's €14.7 billion acquisition of Covestro.
• RWE Supply & TradingcoreStrategic or Co-development Partner · 6 February 2026ADNOC and RWE signed strategic collaboration agreement to explore LNG supply opportunities to Germany and Europe of up to 1 million tonnes per annum for up to ten years. Includes MoUs for battery energy storage systems.
• ADNOC, Masdar, ADQ, TAQAcoreStrategic or Co-development Partner · 1 March 2025Final Investment Decision (FID) in March 2025 on the Ruwais green hydrogen mega-project - first phase with 1 GW electrolysis capacity, $4.5 billion investment. Operations scheduled to commence in 2028. ADNOC is majority shareholder of Fertiglobe (86.2%).
• TA'ZIZ, GS Energy Corporation, Mitsui & Co.coreStrategic or Co-development Partner · 28 June 2024World-scale ammonia production facility in TA'ZIZ Industrial Chemicals Zone, Ruwais Industrial Complex. Capacity of up to 1,000 ktpa ammonia with transition to low-carbon production by 2030. Mitsui offtakes portion for Japan and Asian markets.
• thyssenkrupp UhdecoreTechnology or IntegrationHydrogen recovery unit (HRU) installed at Fertiglobe's UAE plant boosts ammonia output by 6%. Part of IEA-identified MENA region energy innovation advancements.
• Sovereign Fund of Egypt, Orascom ConstructioncoreStrategic or Co-development PartnerPartnership for 100MW green hydrogen project in Egypt's Ain Sokhna Industrial Zone. Project commenced partial production in 2025, exporting to European and US markets. €397 million H2Global contract awarded.
• MasdarcoreStrategic or Co-development PartnerMasdar is part of Ruwais green hydrogen mega-project partnership. UAE's clean energy champion developing renewable energy projects.
• ADQ, TAQAcoreStrategic or Co-development PartnerADQ and TAQA are part of Ruwais green hydrogen mega-project partnership alongside ADNOC, Masdar, and Fertiglobe.
• H2GlobalcoreGTM or Marketing PartnerH2Global mechanism uses government support for both supply and demand to close price gap between conventional and renewable fuels. Fertiglobe won inaugural €397m H2Global contract for renewable ammonia supply to EU.

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OCI Global: OCI Global is the former 50% partner and co-founder of Fertiglobe, which it sold to ADNOC in October 2024 for $3.62 billion. Following the divestiture, OCI retained and is building its own global nitrogen and methanol platforms, making it a direct competitor in international nitrogen markets with historical operational overlap.
• Nutrien Ltd: Nutrien is the world's largest provider of crop inputs and services, with major nitrogen production capacity across North America and Trinidad. It competes directly with Fertiglobe in global urea and ammonia markets, and offers a broader retail and potash diversification that Fertiglobe partially addresses through its Australia distribution platform.
• Yara International: Yara International is the world's largest producer of ammonia, urea, and specialty crop nutrition products, headquartered in Norway with global production and distribution. It is a direct peer competing head-to-head in global nitrogen fertilizer markets and is also a leader in low-carbon ammonia development, making it Fertiglobe's closest strategic comparable.
• Koch Ag & Energy Solutions: Koch Ag & Energy Solutions operates Koch Fertilizer, a major North American nitrogen producer with significant ammonia and urea capacity serving global agricultural markets. It is a direct competitor in commodity nitrogen fertilizer markets and benefits from similarly advantaged natural gas feedstock economics in North America.
• CF Industries Holdings: CF Industries is one of the world's largest manufacturers of nitrogen fertilizers, producing ammonia, urea, and UAN primarily from natural gas. It is the most direct global comparable to Fertiglobe in terms of product mix, scale, and export-oriented business model serving agricultural and industrial customers.

Broad incumbents

• Linde plc: Linde is the world's largest industrial gases company, producing and distributing merchant ammonia and hydrogen globally. It overlaps with Fertiglobe in merchant ammonia sales and clean hydrogen/ammonia infrastructure, particularly relevant as both companies position for hydrogen economy growth and maritime fuel applications.
• ICL Group: ICL Group is an Israeli-based specialty minerals and fertilizer company producing potash, phosphate, and specialty plant nutrition products globally. While not a pure nitrogen peer, it competes in agricultural fertilizer markets broadly and offers Fertiglobe a comparison point for downstream specialty fertilizer and distribution strategies.
• Air Products and Chemicals: Air Products is a major industrial gas and hydrogen producer with significant clean hydrogen and ammonia investments, including NEOM green ammonia in Saudi Arabia. It represents a broader incumbent competing with Fertiglobe in the emerging clean ammonia value chain, particularly for maritime fuel and hydrogen carrier applications.

Regional players

• SABIC Agri-Nutrients: SABIC Agri-Nutrients (Saudi Arabian Fertilizer Company) is a regional MENA peer producing urea and ammonia from Saudi natural gas feedstock, serving agricultural and industrial customers globally. It is geographically adjacent to Fertiglobe's UAE operations and competes in similar export markets, particularly across Asia and Africa.
• Qatar Fertiliser Company (QAFCO): QAFCO is one of the largest integrated urea and ammonia producers in the Middle East, with production facilities in Qatar using competitive natural gas feedstock. It competes with Fertiglobe in Asian and African export markets and is similarly positioned as a low-cost, gas-advantaged nitrogen producer in the Gulf region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fertiglobe
• LinkedInlinkedin.com/company/fertiglobe

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fertiglobe