Yara, BASF mull joint U.S. ammonia plant
German Chemicals firm BASF and Norwegian fertilizer maker Yara may invest in a "world scale" ammonia plant around the U.S. Gulf Coast, Yara said in a statement on Friday.
"Yara, with its global ammonia network and market expertise, seeks to increase its presence in the United States," it said in a statement. "BASF, which has a strong presence in the United States, is currently a major user of ammonia for its U.S. downstream manufacturing activities and intends to further strengthen its backward integration."
The details of the potential investment, including its size, cost and location, are under discussion, Yara added.
No matching related articles at this time.
- EIA expects global oil consumption to grow in 2014
- Soy, wheat markets surged Tuesday
- Work underway to improve malting barley quality
- Commentary: Water police, part two: EPA proposal won't help ag
- Ukraine-Russia situation apparently boosted wheat futures again
- New and cool thought-leadership opportunities with LinkedIn
- Commentary: Blame anti-GMO groups for deaths
- Julie Borlaug says biotech is necessary in fight against hunger
- What does “sustainable” food and agriculture really mean?
- Climate change will reduce crop yields sooner than we thought
- Ohio bill to require certification to apply fertilizer
- Carbon-dioxide hurts nitrogen assimilation by plants